[Farmmarketnews] Tuesday Ontario Commodity Report
Farm Market News - Ontario Commodity Report
farmmarketnews at lists.sentex.ca
Tue May 8 15:19:38 EDT 2018
FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, May 8
(All Bases in CAD)
Exchange rate was 1.2947 up 0.0098
Chicago corn closed slightly higher.
JUL18 HI 4.04 DEC18 HI 4.19 3/4
LOW 3.99 1/4 LOW 4.15 1/4
CLOSE4.03 1/4 Up 2 1/2 CLOSE 4.19 1/2 Up 3
OLD CROP BASIS NEW CROP BASIS
Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt
ELEVATORS +JUL18+SEP18+SEP18
CK Low 0.75 4.78 188.28 0.75 4.95 194.68
CK High 0.85 4.88 192.22 0.80 5.00 196.64
CK Avg 0.83 -0.28 4.86 191.23 0.76 -0.37 4.95 195.00
Essex Cty 0.85 4.88 192.22 0.75 4.95 194.68
Mdsx Low 0.85 4.88 192.22 0.75 4.95 194.68
Mdsx High 0.85 4.88 192.22 0.75 4.95 194.68
Mdsx Avg 0.85 -0.26 4.88 192.22 0.75 -0.38 4.95 194.68
Hensall 0.85 4.88 192.22 0.75 4.95 194.68
Bruce 0.80 4.83 190.25 0.75 4.95 194.68
Putnam 0.80 4.83 190.25 0.75 4.95 194.68
Burford 0.85 4.88 192.22 0.80 5.00 196.64
Port Perry 0.85 4.88 192.22 0.75 4.95 194.68
Norfolk 0.85 4.88 192.22 0.80 5.00 196.64
Palmerston 0.75 4.78 188.28 0.75 4.95 194.68
Varna 0.85 4.88 192.22 0.75 4.95 194.68
Trenton 0.85 4.88 192.22 0.85 5.05 198.61
Winchester 1.00 5.03 198.12 1.05 5.25 206.49
North Gower 0.96 4.99 196.55 1.02 5.22 205.31
Huron FOB 1.05 5.08 200.09 0.80 5.00 196.64
Kent FOB 1.05 5.08 200.09 0.80 5.00 196.64
Lamb FOB 1.10 5.13 202.06 0.80 5.00 196.64
Mdsx FOB 0.90 0.90N/A N/A 4.93 194.18 0.80 5.00 196.64
FOB SW Que 1.27 5.30 208.75N/A
Track 1.30 5.33 209.93N/A
PROCESSORS
Chat-Eth N/A N/A N/A 1.23 0.99 5.19 204.12
Jhnstwn-Eth N/A N/A N/A N/A N/A
Aylmer-Eth 1.20 1.20 1.20 1.25 5.23 205.99 1.00 5.20 204.52
Sarn-Eth N/A 1.15 1.20N/A N/A
Kawartha N/A N/A N/A N/A N/A
London-Ing N/A N/A N/A 1.25 0.95 5.15 202.55
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 5.27 207.27
W O Feed 1.44 5.47 215.52
US Rep 1.58 5.61 220.95
Toledo El. -0.09 3.94 155.18 -0.26 3.94 154.96
MID SD CRN 0.77 1/2 4.97
HI SD CRN 0.80 4.99 1/2
*Wet Bid
Exchange rate was 1.2947 up 0.0098
Chicago soybeans closed slightly higher.
JUL18 HI 10.23 1/2 NOV18 HI 10.28 1/4
LOW 10.11 1/4 LOW 10.18
CLOSE10.20 1/4 Up 8 3/4 CLOSE 10.25 1/4 Up 7 1/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt
ELEVATORS +JUL1+JUL1+SEP18
CK Low 2.35 12.55 461.232.50 12.75 468.57
CK High 2.54 12.74 468.212.57 12.82 471.15
CK Average 2.48 -0.4112.68 466.062.53 -0.3812.78 469.62
Essex Cty 2.45 12.65 464.902.50 12.75 468.57
Mdsx Low 2.50 12.70 466.742.55 12.80 470.41
Mdsx High 2.54 12.74 468.212.57 12.82 471.15
Mdsx Average 2.52 -0.3812.72 467.472.56 -0.3612.81 470.78
Hensall 2.50 12.70 466.742.55 12.80 470.41
Bruce 2.50 12.70 466.742.50 12.75 468.57
Putnam 2.50 12.70 466.742.55 12.80 470.41
Burford 2.61 12.81 470.782.64 12.89 473.72
Port Perry 2.51 12.71 467.102.54 12.79 470.04
Norfolk 2.50 12.70 466.742.60 12.85 472.25
Palmerston 2.35 12.55 461.232.55 12.80 470.41
Varna 2.50 12.70 466.742.55 12.80 470.41
Trenton 2.35 12.55 461.232.50 12.75 468.57
Winchester 2.35 12.55 461.232.52 12.77 469.31
North Gower 2.25 12.45 457.552.35 12.60 463.06
Huron FOB 2.60 12.80 470.412.65 12.90 474.09
Kent FOB 2.65 12.85 472.252.55 12.80 470.41
Lambton FOB 2.65 12.85 472.252.70 12.95 475.92
Middlesex FOB2.64 2.69 2.75 N/A 12.84 471.882.67 12.92 474.82
PROCESSORS
Windsor 2.82 13.02 478.492.90 13.15 483.27
TRANSFER
Hamilton N/A 2.85 13.10 481.43
Prescott 2.40 12.60 463.062.96 13.21 485.48
Toledo El. -0.26 9.94 365.36-0.32 9.93 364.82
Exchange rate was 1.2947 up 0.0098
Chicago wheat closed slightly higher.
JUL18 HI 5.20 1/4 JUL18 HI 5.20 1/4
LOW 5.06 3/4 LOW 5.06 3/4
CLOSE 5.14 1/2 Up 3 CLOSE 5.14 1/2 Up 3
Minni wheat closed slightly higher.
JUL18 HI 6.17 1/2 SEP18 HI 6.24 1/2
LOW 6.07 1/2 LOW 6.16
CLOSE 6.14 Up 3 CLOSE 6.21 Up 2 3/4
GFO Cash Wheat Prices - DEL Terminal
Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 1.41 1.35 1.15 0.39
CAD $/bu 6.56 6.49 6.30 6.53
CAD $/tonne 240.96 238.58 231.45 239.77
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 1.00 N/A
London 1.32 1.38 0.93 N/A 1.37 1.18 1.02 N/A
Hensall 1.10 N/A 0.85 N/A 1.15 N/A 1.00 N/A
Trenton N/A N/A N/A N/A N/A N/A 1.00 N/A
Bruce 1.10 1.00 0.85 N/A 1.15 1.00 1.00 0.50
Essex N/A N/A 0.84 N/A N/A N/A 1.00 N/A
Norwich 1.10 N/A 0.85 N/A 1.15 N/A 1.00 N/A
Port Hope N/A N/A 0.80 N/A N/A 1.00 1.00 N/A
Kent Bridge 1.10 N/A 0.85 N/A 1.15 N/A 1.00 N/A
Chatham N/A N/A 0.85 N/A N/A N/A 1.05 N/A
Brigden N/A N/A 0.85 N/A N/A N/A 1.05 N/A
Palmerston N/A 1.00 0.90 0.35 N/A 1.05 0.95 0.55
Varna 1.20 1.10 0.90 N/A 1.25 1.25 1.05 N/A
Mitchell 1.10 1.00 0.85 N/A 1.15 1.00 1.00 N/A
Thornton N/A N/A N/A 1.62 N/A N/A N/A N/A
North Gower N/A 1.23 1.09 0.16 N/A 1.42 1.36 0.32
W O Feed 1.54
PROCESSORS
Toledo FM N/A N/A 1.65 N/A N/A N/A 1.65 N/A
Toledo El. 5.25US 6.79CA 5.25US 6.79CA
GFO Contract Wheat Prices - DEL Terminal
Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 1.39 1.32 1.26 0.41
CAD $/bu 6.53 6.47 6.40 6.62
CAD $/tonne 240.01 237.63 235.25 243.10
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 578.61
DDG's FOB Srn & Aylm 255.00 - 265.00
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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This Farm Market News product is sponsored by:
Grain Farmers of Ontario
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