[Farmmarketnews] Monday Ontario Commodity Report

Farm Market News - Ontario Commodity Report farmmarketnews at lists.sentex.ca
Mon Dec 18 15:43:51 EST 2017


FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, December 18
(All Bases in CAD)
Exchange rate was 1.2863 down 0.0021
Chicago corn closed slightly lower to steady.

      MAR18   HI 3.48  3/4                    DEC18    HI 3.81
             LOW 3.46  1/2                            LOW 3.79  1/4
            CLOSE3.47   Down  1/2                   CLOSE 3.80   Unchanged

            OLD CROP BASIS                          NEW CROP BASIS
Location    Spot   1mt   2mt   3mt U.S. $/bu   $/mt Cntrct U.S.   $/bu   $/mt
ELEVATORS        +MAR18+MAR18+MAY18
CK Low       0.60                        4.07 160.23  0.65         4.45 175.19
CK High      0.65                        4.12 162.20  0.70         4.50 177.16
CK Avg       0.61                  -0.30 4.08 160.56  0.66 -0.32   4.46 175.52
Essex Cty    0.60                        4.07 160.23  0.65         4.45 175.19
Mdsx Low     0.60                        4.07 160.23  0.65         4.45 175.19
Mdsx High    0.65                        4.12 162.20  0.65         4.45 175.19
Mdsx Avg     0.63                  -0.29 4.10 161.21  0.65 -0.33   4.45 175.19
Hensall      0.65                        4.12 162.20  0.65         4.45 175.19
Bruce        0.65                        4.12 162.20  0.65         4.45 175.19
Putnam       0.55                        4.02 158.26  0.65         4.45 175.19
Burford      0.65                        4.12 162.20  0.70         4.50 177.16
Port Perry   0.60                        4.07 160.23  0.70         4.50 177.16
Norfolk      0.60                        4.07 160.23  0.65         4.45 175.19
Palmerston   0.65                        4.12 162.20  0.65         4.45 175.19
Varna        0.65                        4.12 162.20  0.65         4.45 175.19
Trenton      0.65                        4.12 162.20  0.80         4.60 181.09
Winchester   1.05                        4.52 177.94  0.90         4.70 185.03
North Gower  0.99                        4.46 175.58  0.84         4.64 182.67
Huron FOB    0.80                        4.27 168.10  0.75         4.55 179.13
Kent FOB     0.75                        4.22 166.13  0.75         4.55 179.13
Lamb FOB     0.80                        4.27 168.10  0.65         4.45 175.19
Mdsx FOB     0.60  0.65N/A   N/A         4.07 160.23  0.65         4.45 175.19
FOB SW Que   1.42                        4.89 192.51  1.19         4.99 196.45
Track        1.08                        4.55 178.93N/A
PROCESSORS
Chat-Eth    N/A    0.88  0.93  0.93                   0.85         4.65 183.06
Jhnstwn-Eth N/A  N/A   N/A   N/A                    N/A
Aylmer-Eth  N/A    0.95  0.95  0.95                   0.85         4.65 183.06
Sarn-Eth     0.90  0.95  0.95  0.95      4.37 172.04N/A
Kawartha    N/A  N/A   N/A   N/A                    N/A
London-Ing  N/A  N/A   N/A   N/A                      0.90         4.70 185.03
Pt.Colb-Ing N/A  N/A   N/A   N/A                    N/A
Cardnl-Ing  N/A  N/A   N/A     1.35                   1.05         4.85 190.94
W O Feed     1.23                        4.70 184.87

US Rep       1.30                        4.77 187.79
Toledo El.  -0.10                        3.37 132.56 -0.26         3.54 139.51


MID SD CRN   0.62   1/2                  4.09 1/2
HI SD CRN    0.65                        4.12
*Wet Bid


Exchange rate was 1.2863 down 0.0021
Chicago soybeans closed slightly lower.

       JAN18   HI 9.70  1/2           NOV18    HI 9.91
              LOW 9.57  1/4                   LOW 9.78  1/2
             CLOSE9.61  1/2  Down 5 3/4     CLOSE 9.82  1/2  Down 5 1/4

             OLD CROP                             NEW CROP
Location     Basis 1mt  2mt  3mt U.S.  $/bu  $/mt BasisU.S.  $/bu  $/mt
ELEVATORS         +JAN1+MAR1+MAR18
CK Low       1.98                     11.60 426.042.00      11.83 434.49
CK High      2.10                     11.72 430.452.10      11.93 438.17
CK Average   2.03                -0.5611.65 427.882.03 -0.5711.86 435.72
Essex Cty    2.05                     11.67 428.621.95      11.78 432.66
Mdsx Low     1.98                     11.60 426.042.00      11.83 434.49
Mdsx High    2.05                     11.67 428.622.10      11.93 438.17
Mdsx Average 2.02                -0.5711.63 427.332.05 -0.5611.88 436.33
Hensall      2.05                     11.67 428.622.10      11.93 438.17
Bruce        2.05                     11.67 428.622.05      11.88 436.33
Putnam       2.00                     11.62 426.782.05      11.88 436.33
Burford      2.05                     11.67 428.622.07      11.90 437.07
Port Perry   1.95                     11.57 424.941.97      11.80 433.39
Norfolk      2.05                     11.67 428.622.10      11.93 438.17
Palmerston   2.05                     11.67 428.622.00      11.83 434.49
Varna        2.05                     11.67 428.622.10      11.93 438.17
Trenton      1.90                     11.52 423.101.90      11.73 430.82
Winchester   1.97                     11.59 425.681.98      11.81 433.76
North Gower  1.91                     11.53 423.471.92      11.75 431.55
Huron FOB    2.15                     11.77 432.292.10      11.93 438.17
Kent FOB     2.10                     11.72 430.452.05      11.88 436.33
Lambton FOB  2.05                     11.67 428.622.20      12.03 441.84
Middlesex FOB2.08 2.15 2.16 2.23      11.70 429.722.17      12.00 440.74


TRANSFER
Hamilton     2.42                     12.04 442.21 N/A
Prescott     2.16                     11.78 432.662.34      12.17 446.99

Toledo El.   -0.26                     9.36 343.84-0.38      9.44 346.89


Exchange rate was 1.2863 down 0.0021
Chicago wheat closed slightly higher.
MAR18      HI     4.23  1/2             JUL18   HI      4.48  1/2
           LOW    4.19  1/2                     LOW     4.45  1/2
           CLOSE  4.20  1/2  Up 2 1/4           CLOSE   4.46  3/4  Up 2 3/4

Minni wheat closed slightly lower to steady.
MAR18      HI     6.25  1/4             SEP18   HI         6.29
           LOW        6.18                      LOW     6.25  1/4
           CLOSE  6.19  1/4  Down  3/4          CLOSE   6.26  1/4  Unchanged

GFO Cash Wheat Prices - DEL Terminal
Harvest 17        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 0.62          0.88            0.75          0.42
CAD $/bu              4.83          5.09            4.96          6.61
CAD $/tonne         177.47        186.92          182.19        243.04


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    0.80    N/A    N/A     N/A    0.75    N/A
London      0.87    1.20   0.87    N/A    0.94    0.88   0.75    N/A
Hensall     0.90    N/A    0.80    N/A    1.00    N/A    0.75    N/A
Trenton      N/A    N/A     N/A    N/A    N/A     N/A    0.85    N/A
Bruce       0.90    0.80   0.80   0.10    1.00    0.75   0.75   0.30
Essex        N/A    N/A    0.65    N/A    N/A     N/A    0.70    N/A
Norwich     0.90    N/A    0.80    N/A    1.00    N/A    0.75    N/A
Port Hope    N/A    1.00   0.80    N/A    N/A     0.75   0.75    N/A
Kent Bridge 0.90    N/A    0.80    N/A    1.00    N/A    0.75    N/A
Chatham      N/A    N/A    0.80    N/A    N/A     N/A    0.75    N/A
Brigden      N/A    N/A    0.80    N/A    N/A     N/A    0.75    N/A
Palmerston   N/A    0.80   0.80   0.25    N/A     0.75   0.80   0.35
Varna       1.10    0.80   0.80    N/A    0.95    0.75   0.75    N/A
Mitchell    0.90    0.80   0.80    N/A    1.00    0.75   0.75    N/A
Thornton     N/A    N/A     N/A   0.13    N/A     N/A     N/A    N/A
North Gower  N/A    0.60   0.60   0.30    N/A     0.94   0.84   0.20
W O Feed                   1.45


PROCESSORS
Toledo FM    N/A    N/A    1.33    N/A    N/A     N/A    1.13    N/A

Toledo El. 3.96US         5.09CA         4.32US         5.53CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 18        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 0.87          0.87            0.81          0.35
CAD $/bu              5.34          5.34            5.27          6.61
CAD $/tonne         196.17        196.17          193.82        243.00

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

FEED GRAINS
FOB Hm Soymeal             463.53
DDG's FOB Srn & Aylm      180.00 - 185.00

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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