[Farmmarketnews] Wednesday Ontario Commodity Report

Farm Market News - Ontario Commodity Report farmmarketnews at lists.sentex.ca
Wed Aug 30 15:46:18 EDT 2017


FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, August 30
(All Bases in CAD)
Exchange rate was 1.262 up 0.0097
Chicago corn closed slightly lower.

      DEC17   HI 3.49  1/4                    DEC17    HI 3.49  1/4
             LOW 3.45                                 LOW 3.45
            CLOSE3.45  1/2  Down 3 1/4              CLOSE 3.45  1/2  Down 3 1/4

            OLD CROP BASIS                          NEW CROP BASIS
Location    Spot   1mt   2mt   3mt U.S. $/bu   $/mt Cntrct U.S.   $/bu   $/mt
ELEVATORS        +DEC17+DEC17+DEC17
CK Low       0.60                        4.06 159.64  0.65         4.11 161.61
CK High      0.70                        4.16 163.58  0.75         4.21 165.54
CK Avg       0.68                  -0.18 4.13 162.59  0.68 -0.17   4.13 162.59
Essex Cty    0.65                        4.11 161.61  0.75         4.21 165.54
Mdsx Low     0.70                        4.16 163.58  0.65         4.11 161.61
Mdsx High    0.70                        4.16 163.58  0.65         4.11 161.61
Mdsx Avg     0.70                  -0.16 4.16 163.58  0.65 -0.19   4.11 161.61
Hensall      0.69                        4.15 163.18  0.65         4.11 161.61
Bruce       N/A                                       0.65         4.11 161.61
Putnam      N/A                                       0.65         4.11 161.61
Burford      0.80                        4.26 167.51  0.75         4.21 165.54
Port Perry   0.90                        4.36 171.45  0.80         4.26 167.51
Norfolk      0.70                        4.16 163.58  0.75         4.21 165.54
Palmerston   0.65                        4.11 161.61  0.75         4.21 165.54
Varna        0.70                        4.16 163.58  0.65         4.11 161.61
Trenton      0.94                        4.40 173.02  0.75         4.21 165.54
Winchester  N/A                                       1.10         4.56 179.32
North Gower  0.90                        4.36 171.45  1.02         4.48 176.17
Huron FOB    1.12                        4.58 180.11  0.75         4.21 165.54
Kent FOB     0.85                        4.31 169.48  0.70         4.16 163.58
Lamb FOB     1.00                        4.46 175.39  0.65         4.11 161.61
Mdsx FOB     0.70  0.70N/A   N/A         4.16 163.58  0.70         4.16 163.58
FOB SW Que   1.63                        5.09 200.19N/A
Track        1.20                        4.66 183.26N/A
PROCESSORS
Chat-Eth    N/A  N/A   N/A   N/A                    N/A
Jhnstwn-Eth N/A  N/A   N/A   N/A                    N/A
Aylmer-Eth  N/A    1.15N/A     0.80                   0.80         4.26 167.51
Sarn-Eth     0.90  0.90N/A     0.95      4.36 171.45  0.95         4.41 173.42
Kawartha    N/A  N/A   N/A   N/A                    N/A
London-Ing  N/A  N/A     1.25  0.90                   1.00         4.46 175.39
Pt.Colb-Ing N/A  N/A   N/A     1.05                   1.05         4.51 177.35
Cardnl-Ing  N/A  N/A     1.45  1.05                   1.05         4.51 177.35
W O Feed     1.44                        4.90 192.79

US Rep       1.35                        4.81 189.16
Toledo El.  -0.29                        3.16 124.59 -0.28         3.18 125.12

TRANSFER
Sarnia      N/A                                     N/A

MID SD CRN                                            0.70         4.15 1/2
HI SD CRN                                             0.75         4.20 1/2
*Wet Bid


Exchange rate was 1.262 up 0.0097
Chicago soybeans closed slightly lower.

       NOV17   HI 9.41                NOV17    HI 9.41
              LOW 9.31  1/2                   LOW 9.31  1/2
             CLOSE9.33  1/4  Down 4         CLOSE 9.33  1/4  Down 4

             OLD CROP                             NEW CROP
Location     Basis 1mt  2mt  3mt U.S.  $/bu  $/mt BasisU.S.  $/bu  $/mt
ELEVATORS         +NOV1+NOV1+NOV17
CK Low       1.90                     11.23 412.721.55      10.88 399.86
CK High      2.00                     11.33 416.401.65      10.98 403.54
CK Average   1.96                -0.3911.29 414.741.60 -0.6410.93 401.70
Essex Cty    1.95                     11.28 414.561.55      10.88 399.86
Mdsx Low     1.99                     11.32 416.031.65      10.98 403.54
Mdsx High    2.00                     11.33 416.401.66      10.99 403.91
Mdsx Average 2.00                -0.3611.33 416.211.66 -0.6010.99 403.72
Hensall      1.98                     11.31 415.481.68      11.01 404.46
Bruce        2.00                     11.33 416.401.65      10.98 403.54
Putnam       1.95                     11.28 414.561.80      11.13 409.05
Burford      2.03                     11.36 417.501.70      11.03 405.37
Port Perry   1.99                     11.32 416.031.66      10.99 403.91
Norfolk      1.95                     11.28 414.561.65      10.98 403.54
Palmerston   1.95                     11.28 414.561.65      10.98 403.54
Varna        1.85                     11.18 410.891.70      11.03 405.37
Trenton      1.80                     11.13 409.051.70      11.03 405.37
Winchester   1.72                     11.05 406.111.61      10.94 402.07
North Gower  1.80                     11.13 409.051.95      11.28 414.56
Huron FOB    2.10                     11.43 420.071.80      11.13 409.05
Kent FOB     2.00                     11.33 416.401.60      10.93 401.70
Lambton FOB  2.10                     11.43 420.071.75      11.08 407.21
Middlesex FOB2.16 2.16  N/A  N/A      11.49 422.281.83      11.16 410.15

PROCESSORS
Hamilton     2.48 2.28 2.15 2.21      11.81 434.042.15      11.48 421.91
                   N/A  N/A  N/A
TRANSFER
Prescott     1.81                     11.14 409.422.06      11.39 418.60
Sarnia        N/A                                  N/A

Toledo El.   -0.25                     9.08 333.64-0.60      8.73 320.73


Exchange rate was 1.262 up 0.0097
Chicago wheat closed slightly lower to steady.
DEC17      HI     4.33  1/2             JUL18   HI      4.82  1/2
           LOW    4.27  1/4                     LOW     4.76  1/2
           CLOSE  4.29  3/4  Unchanged          CLOSE   4.78  1/2  Down 1 1/2

Minni wheat closed slightly lower.
DEC17      HI         6.68              SEP18   HI      6.31  1/4
           LOW    6.51  1/2                     LOW     6.24  1/2
           CLOSE  6.55  3/4  Down 4 1/2         CLOSE   6.28  1/4  Down  1/2

GFO Cash Wheat Prices - DEL Terminal
Harvest 17        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 0.43          0.62            0.56          0.03
CAD $/bu              4.73          4.92            4.86          6.58
CAD $/tonne         173.77        180.73          178.41        241.94


Direct MarkHarvest 2017                 Harvest 2018
           DELIVERED BASIS              DELIVERED BASIS
Location   SWW(C) HRW(C)  SRW(C) HRS(M) SWW(C)  HRW(C)  SRW(C) HRS(M)
ELEVATORS
Brgssvll     N/A    N/A    0.34    N/A    N/A     N/A    0.60    N/A
London      0.33    0.45   0.27    N/A    0.77    0.58   0.52    N/A
Hensall     0.34    N/A    0.29    N/A    0.85    N/A    0.60    N/A
Trenton      N/A    N/A    0.54    N/A    N/A     N/A    0.80    N/A
Bruce       0.34    0.39   0.29   0.03    0.85    0.65   0.60   0.35
Essex        N/A    N/A    0.43    N/A    N/A     N/A    0.67    N/A
Norwich     0.34    N/A    0.29    N/A    0.85    N/A    0.60    N/A
Port Hope    N/A    0.75   0.60    N/A    N/A     0.65   0.70    N/A
Kent Bridge 0.34    N/A    0.29    N/A    0.85    N/A    0.60    N/A
Chatham      N/A    N/A    0.34    N/A    N/A     N/A    0.60    N/A
Brigden      N/A    N/A    0.34    N/A    N/A     N/A    0.60    N/A
Palmerston   N/A    0.39   0.29   0.03    N/A     0.65   0.60   0.35
Varna       0.65    0.45   0.35    N/A    0.85    0.65   0.60    N/A
Mitchell    0.34    0.34   0.29    N/A    0.85    0.65   0.60    N/A
Thornton     N/A    N/A     N/A   -0.55   N/A     N/A     N/A    N/A
North Gower  N/A    0.60   0.50   -0.05   N/A     0.87   0.87   0.21
W O Feed                   1.02

TERMINAL
Sarnia       N/A    N/A     N/A    N/A    N/A     N/A     N/A    N/A
Prescott     N/A    N/A     N/A    N/A    N/A     N/A     N/A    N/A

PROCESSORS
Toledo FM  N/A    N/A        1.13N/A    N/A     N/A     N/A    N/A

Toledo El. 4.04US         5.10CA        4.59US          5.77CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 18        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 0.73          0.73            0.73          0.24
CAD $/bu              5.52          5.52            5.52          6.52
CAD $/tonne         202.64        202.64          202.64        239.50

(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange

FEED GRAINS
FOB Hm Soymeal            441.37
DDG's FOB Srn & Aylm      140.00 - 145.00


Blair Andrews
Editor, AgriLink and Farm Market News
University of Guelph, Ridgetown Campus
Tel. 519-674-1500<callto:519-674-1500> x 63577
Fax. 519-674-1530<callto:519-674-1530>

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