[Farmmarketnews] Thursday Ontario Commodity Report

Farm Market News - Ontario Commodity Report farmmarketnews at lists.sentex.ca
Thu Dec 13 15:24:31 EST 2018


FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, December 13
(All Bases in CAD)
Exchange rate was 1.3357 up 0.0003
Chicago corn closed slightly lower to steady.

      MAR19   HI 3.86  1/4                    DEC19    HI 4.04  3/4
             LOW 3.82  3/4                            LOW 4.01  3/4
            CLOSE3.84  1/4  Down 1                  CLOSE 4.03  3/4  Unchanged

            OLD CROP BASIS                          NEW CROP BASIS
Location    Spot   1mt   2mt   3mt U.S. $/bu   $/mt Cntrct U.S.   $/bu   $/mt
ELEVATORS        +MAR19+MAR19+MAY19
CK Low       0.85                        4.69 184.74  0.85         4.89 192.41
CK High      0.90                        4.74 186.70  0.85         4.89 192.41
CK Avg       0.89                  -0.30 4.73 186.31  0.85 -0.36   4.89 192.41
Essex Cty    0.90                        4.74 186.70  0.85         4.89 192.41
Mdsx Low     0.85                        4.69 184.74  0.85         4.89 192.41
Mdsx High    0.90                        4.74 186.70  0.85         4.89 192.41
Mdsx Avg     0.88                  -0.31 4.72 185.72  0.85 -0.36   4.89 192.41
Hensall      0.90                        4.74 186.70  0.85         4.89 192.41
Bruce        0.90                        4.74 186.70  0.85         4.89 192.41
Putnam       0.90                        4.74 186.70  0.85         4.89 192.41
Burford      0.85                        4.69 184.74  0.85         4.89 192.41
Port Perry   0.85                        4.69 184.74  0.85         4.89 192.41
Norfolk      0.90                        4.74 186.70  0.85         4.89 192.41
Palmerston   0.90                        4.74 186.70  0.85         4.89 192.41
Varna        0.90                        4.74 186.70  0.85         4.89 192.41
Trenton      0.90                        4.74 186.70  0.85         4.89 192.41
Winchester   1.20                        5.04 198.51  1.15         5.19 204.22
North Gower  1.15                        4.99 196.55  1.12         5.16 203.04
Huron FOB    1.25                        5.09 200.48  0.85         4.89 192.41
Kent FOB     1.20                        5.04 198.51  0.90         4.94 194.38
Lamb FOB     1.20                        5.04 198.51  0.95         4.99 196.35
Mdsx FOB     1.15N/A   N/A   N/A         4.99 196.55  0.90         4.94 194.38
FOB SW Que   1.53                        5.37 211.51N/A
Track        1.38                        5.22 205.40N/A
PROCESSORS
Chat-Eth    N/A  N/A     1.53  1.47                   1.14         5.18 203.83
Jhnstwn-Eth N/A  N/A   N/A     1.54                   1.32         5.36 210.92
Aylmer-Eth  N/A  N/A     1.50  1.45                   1.10         5.14 202.25
Sarn-Eth    N/A    1.30  1.35N/A                    N/A
Kawartha    N/A  N/A   N/A   N/A                    N/A
London-Ing   1.40  1.45  1.50  1.45      5.24 206.39  1.10         5.14 202.25
Pt.Colb-Ing N/A  N/A   N/A   N/A                     N/A*
Cardnl-Ing  N/A  N/A   N/A   N/A                      1.28         5.32 209.34
W O Feed     1.70                        5.54 218.28

US Rep       1.80                        5.64 222.14
Toledo El.  -0.19                        3.66 143.91 -0.27         3.77 148.47


MID SD CRN   0.87   1/2                  4.71 3/4
HI SD CRN    0.90                        4.74 1/4
*Wet Bid


Exchange rate was 1.3357 up 0.0003
Chicago soybeans closed slightly to moderately lower.

       JAN19   HI 9.20                NOV19    HI 9.66
              LOW 9.05  1/4                   LOW 9.54
             CLOSE9.07   Down 13            CLOSE 9.56   Down 10

             OLD CROP                             NEW CROP
Location     Basis 1mt  2mt  3mt U.S.  $/bu  $/mt BasisU.S.  $/bu  $/mt
ELEVATORS         +JAN1+MAR1+MAR19
CK Low       2.25                     11.32 415.942.25      11.81 433.94
CK High      2.35                     11.42 419.612.35      11.91 437.62
CK Average   2.32                -0.5411.39 418.512.33 -0.6211.89 436.81
Essex Cty    2.25                     11.32 415.942.35      11.91 437.62
Mdsx Low     2.29                     11.36 417.412.35      11.91 437.62
Mdsx High    2.35                     11.42 419.612.38      11.94 438.72
Mdsx Average 2.32                -0.5411.39 418.512.37 -0.6011.93 438.17
Hensall      2.30                     11.37 417.782.35      11.91 437.62
Bruce        2.35                     11.42 419.612.35      11.91 437.62
Putnam       2.35                     11.42 419.612.35      11.91 437.62
Burford      2.29                     11.36 417.412.38      11.94 438.72
Port Perry   2.25                     11.32 415.942.34      11.90 437.25
Norfolk      2.35                     11.42 419.612.35      11.91 437.62
Palmerston   2.35                     11.42 419.612.35      11.91 437.62
Varna        2.35                     11.42 419.612.35      11.91 437.62
Trenton      2.25                     11.32 415.942.35      11.91 437.62
Winchester   2.30                     11.37 417.782.35      11.91 437.62
North Gower  2.50                     11.57 425.122.38      11.94 438.72
Huron FOB    2.35                     11.42 419.612.45      12.01 441.29
Kent FOB     2.45                     11.52 423.292.35      11.91 437.62
Lambton FOB  2.25                     11.32 415.942.50      12.06 443.13
Middlesex FOB2.25 2.37 2.48 2.55      11.32 415.942.47      12.03 442.03

PROCESSORS
Windsor      2.65  N/A  N/A  N/A      11.72 430.642.81      12.37 454.52

TRANSFER
Hamilton     2.75                     11.82 434.312.75      12.31 452.32
Prescott      N/A                                 2.90      12.46 457.83

Toledo El.   -0.51                     8.56 314.62-0.40      9.16 336.60


Exchange rate was 1.3357 up 0.0003
Chicago wheat closed slightly to moderately higher.
MAR19      HI     5.38  1/2             JUL19   HI      5.49  1/2
           LOW    5.27  1/4                     LOW     5.39  1/4
           CLOSE  5.36   Up 9 1/2               CLOSE   5.47  1/2  Up 8 3/4

Minni wheat closed slightly higher.
MAR19      HI         5.89              SEP19   HI      6.03  3/4
           LOW    5.82  1/4                     LOW        6.00
           CLOSE  5.88  1/4  Up 5 1/4           CLOSE   6.03  3/4  Up 4 1/4

GFO Cash Wheat Prices - DEL Terminal
Harvest 18        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 1.33          1.53            1.33          0.84
CAD $/bu              6.69          6.89            6.69          6.72
CAD $/tonne         245.89        253.25          245.89        246.99


Direct MarkHarvest 2018                 Harvest 2019
           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    1.30    N/A    N/A     N/A    1.25    N/A
London      1.31    1.44   1.24    N/A    1.32    1.46   1.19    N/A
Hensall     1.55    N/A    1.30    N/A    1.55    N/A    1.25    N/A
Trenton      N/A    N/A     N/A    N/A    N/A     N/A    1.25    N/A
Bruce       1.30    1.50   1.30   1.00    1.25    1.45   1.20   0.90
Essex        N/A    N/A    1.30    N/A    N/A     N/A    1.20    N/A
Norwich     1.55    N/A    1.30    N/A    1.55    N/A    1.25    N/A
Port Hope    N/A    N/A    1.30    N/A    N/A     1.30   1.25    N/A
Kent Bridge 1.55    N/A    1.30    N/A    1.55    N/A    1.25    N/A
Chatham      N/A    N/A    1.30    N/A    N/A     N/A    1.20    N/A
Brigden      N/A    N/A    1.30    N/A    N/A     N/A    1.20    N/A
Palmerston   N/A    1.50   1.20   0.80    N/A     1.45   1.10   0.80
Varna       1.50    1.50   1.30    N/A    1.30    1.45   1.20    N/A
Mitchell    1.55    1.30   1.30    N/A    1.55    1.35   1.25    N/A
Thornton     N/A    N/A     N/A   0.67    N/A     N/A     N/A    N/A
North Gower  N/A    1.30   1.13   0.64    N/A     1.33   1.27   0.55
W O Feed                   1.87


PROCESSORS
Toledo FM    N/A    N/A    2.00    N/A    N/A     N/A    1.94    N/A

Toledo El. 5.26US         7.03CA         5.33US         7.08CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 19        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 1.34          1.41            1.34          0.73
CAD $/bu              6.82          6.88            6.82          6.77
CAD $/tonne         250.53        252.98          250.53        248.70

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

FEED GRAINS
FOB Hm Soymeal             494.40
DDG's FOB Srn & Aylm      135.00 - 165.00

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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