[Farmmarketnews] Revised Tuesday Ontario Commodity report
Farm Market News - Ontario Commodity Report
farmmarketnews at lists.sentex.ca
Wed Apr 25 09:17:20 EDT 2018
Please be advised there was an error in the new crop soybean basis for CK.
Both the low and the high bid is $2.40.
Thank you,
FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, April 24
(All Bases in CAD)
Exchange rate was 1.2807 down 0.0022
Chicago corn closed slightly higher.
MAY18 HI 3.81 1/2 DEC18 HI 4.06 3/4
LOW 3.77 LOW 4.02 3/4
CLOSE3.81 1/4 Up 2 3/4 CLOSE 4.06 1/2 Up 2 1/4
OLD CROP BASIS NEW CROP BASIS
Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt
ELEVATORS +JUL18+JUL18+SEP18
CK Low 0.75 4.56 179.62 0.65 4.72 185.62
CK High 0.84 4.65 183.16 0.75 4.82 189.56
CK Avg 0.80 -0.21 4.61 181.39 0.69 -0.35 4.76 187.26
Essex Cty 0.84 4.65 183.16 0.70 4.77 187.59
Mdsx Low 0.75 4.56 179.62 0.65 4.72 185.62
Mdsx High 0.80 4.61 181.59 0.70 4.77 187.59
Mdsx Avg 0.78 -0.23 4.59 180.60 0.68 -0.36 4.74 186.61
Hensall 0.80 4.61 181.59 0.70 4.77 187.59
Bruce 0.80 4.61 181.59 0.70 4.77 187.59
Putnam 0.80 4.61 181.59 0.70 4.77 187.59
Burford 0.80 4.61 181.59 0.70 4.77 187.59
Port Perry 0.80 4.61 181.59 0.70 4.77 187.59
Norfolk 0.84 4.65 183.16 0.75 4.82 189.56
Palmerston 0.75 4.56 179.62 0.75 4.82 189.56
Varna 0.80 4.61 181.59 0.70 4.77 187.59
Trenton 0.85 4.66 183.55 0.85 4.92 193.49
Winchester 1.07 4.88 192.22 1.10 5.17 203.34
North Gower 0.97 4.78 188.28 1.02 5.09 200.19
Huron FOB 1.00 4.81 189.46 0.80 4.87 191.53
Kent FOB 1.04 4.85 191.03 0.75 4.82 189.56
Lamb FOB 0.95 4.76 187.49 0.75 4.82 189.56
Mdsx FOB 0.90 0.90 0.90N/A 4.71 185.52 0.75 4.82 189.56
FOB SW Que 1.45 5.26 207.18N/A
Track 1.23 5.04 198.32N/A
PROCESSORS
Chat-Eth N/A N/A N/A N/A 0.92 4.99 196.25
Jhnstwn-Eth N/A N/A N/A N/A N/A
Aylmer-Eth N/A 1.15 1.15 1.15 0.90 4.97 195.46
Sarn-Eth 1.00 1.00 1.00N/A 4.81 189.46N/A
Kawartha N/A N/A N/A N/A N/A
London-Ing N/A N/A N/A N/A 0.95 5.02 197.43
Pt.Colb-Ing N/A N/A N/A N/A N/A
Cardnl-Ing N/A N/A N/A N/A 1.07 5.14 202.16
W O Feed 1.33 5.15 202.61
US Rep 1.34 5.15 202.84
Toledo El. -0.01 3.80 149.59 -0.26 3.81 149.95
MID SD CRN 0.79 1/2 4.60 3/4 0.70 4.76 1/2
HI SD CRN 0.84 4.65 1/4 0.75 4.81 1/2
*Wet Bid
Exchange rate was 1.2807 down 0.0022
Chicago soybeans closed mixed.
MAY18 HI 10.26 1/4 NOV18 HI 10.33 1/4
LOW 10.16 1/4 LOW 10.25
CLOSE10.22 1/4 Up 1 1/2 CLOSE 10.28 3/4 Up 1/2
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt
ELEVATORS +MAY1+JUL1+JUL18
CK Low 2.30 12.52 460.122.40 12.69 466.19
CK High 2.40 12.62 463.802.40 12.69 466.19
CK Average 2.33 -0.4212.55 461.162.40 -0.3812.69 466.19
Essex Cty 2.40 12.62 463.802.35 12.64 464.35
Mdsx Low 2.30 12.52 460.122.40 12.69 466.19
Mdsx High 2.40 12.62 463.802.45 12.74 468.02
Mdsx Average 2.35 -0.4112.57 461.962.43 -0.3612.71 467.10
Hensall 2.35 12.57 461.962.45 12.74 468.02
Bruce 2.40 12.62 463.802.40 12.69 466.19
Putnam 2.40 12.62 463.802.45 12.74 468.02
Burford 2.37 12.59 462.702.47 12.76 468.76
Port Perry 2.30 12.52 460.122.40 12.69 466.19
Norfolk 2.30 12.52 460.122.45 12.74 468.02
Palmerston 2.15 12.37 454.612.40 12.69 466.19
Varna 2.30 12.52 460.122.45 12.74 468.02
Trenton 2.30 12.52 460.122.40 12.69 466.19
Winchester 2.30 12.52 460.122.43 12.72 467.29
North Gower 2.10 12.32 452.772.25 12.54 460.67
Huron FOB 2.40 12.62 463.802.55 12.84 471.70
Kent FOB 2.45 12.67 465.632.40 12.69 466.19
Lambton FOB 2.50 12.72 467.472.60 12.89 473.53
Middlesex FOB2.43 2.52 2.55 2.58 12.65 464.902.53 12.82 470.96
TRANSFER
Hamilton N/A 2.75 13.04 479.05
Prescott 2.10 12.32 452.772.63 12.92 474.64
Toledo El. -0.27 9.95 365.73-0.32 9.97 366.24
Exchange rate was 1.2807 down 0.0022
Chicago wheat closed moderately higher to higher.
MAY18 HI 4.73 JUL18 HI 4.85
LOW 4.55 1/2 LOW 4.67 3/4
CLOSE 4.72 1/2 Up 11 CLOSE 4.84 1/4 Up 9 3/4
Minni wheat closed slightly higher.
MAY18 HI 5.93 1/2 SEP18 HI 6.07
LOW 5.85 LOW 5.99 1/4
CLOSE 5.92 3/4 Up 4 3/4 CLOSE 6.06 1/4 Up 4 1/4
GFO Cash Wheat Prices - DEL Terminal
Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 1.26 1.20 1.01 0.32
CAD $/bu 5.99 5.92 5.73 6.25
CAD $/tonne 220.00 217.65 210.59 229.53
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 0.85 N/A N/A N/A 0.90 N/A
London 1.09 1.16 0.90 N/A 1.19 N/A 0.93 N/A
Hensall 1.10 N/A 0.85 N/A 1.15 N/A 0.90 N/A
Trenton N/A N/A N/A N/A N/A N/A 1.00 N/A
Bruce 1.10 1.10 0.85 0.25 1.15 1.00 0.90 0.50
Essex N/A N/A 0.56 N/A N/A N/A 0.90 N/A
Norwich 1.10 N/A 0.85 N/A 1.15 N/A 0.90 N/A
Port Hope N/A N/A 0.85 N/A N/A 1.00 1.00 N/A
Kent Bridge 1.10 N/A 0.85 N/A 1.15 N/A 0.90 N/A
Chatham N/A N/A 0.90 N/A N/A N/A 0.90 N/A
Brigden N/A N/A 0.90 N/A N/A N/A 0.90 N/A
Palmerston N/A 1.00 0.90 0.25 N/A 0.90 0.85 0.35
Varna 1.20 1.20 0.90 N/A 1.15 1.10 0.95 N/A
Mitchell 1.10 1.10 0.85 N/A 1.15 1.00 0.90 N/A
Thornton N/A N/A N/A 1.17 N/A N/A N/A N/A
North Gower N/A 1.08 0.93 0.12 N/A 1.22 1.15 0.24
W O Feed 1.49
PROCESSORS
Toledo FM N/A N/A 1.45 N/A N/A N/A 1.49 N/A
Toledo El. 4.90US 6.27CA 4.89US 6.27CA
GFO Contract Wheat Prices - DEL Terminal
Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 1.23 1.10 1.04 0.29
CAD $/bu 6.07 5.95 5.88 6.36
CAD $/tonne 223.18 218.47 216.12 233.53
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 548.19
DDG's FOB Srn & Aylm 245.00 - 250.00
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>
E-mail:fmnc at uoguelph.ca
AgriLink website : www.ridgetownc.com/agrilink<http://www.ridgetownc.com/agrilink>
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