[Farmmarketnews] Monday Ontario Commodity Report

Farm Market News - Ontario Commodity Report farmmarketnews at lists.sentex.ca
Mon May 25 15:16:41 EDT 2020


Markets in the U.S. were closed Monday. A report is being sent today because of a couple of bases changes.

Thank you,

FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, May 25
(All Bases in CAD)
Exchange rate was 1.3993 up 0.0000
Markets in the U.S. were closed for the Memorial Day holiday.
On May 22,Chicago corn closed narrowly mixed.

      JUL20   HI 3.19                         DEC20    HI 3.33  3/4
             LOW 3.16                                 LOW 3.30  3/4
            CLOSE3.18   Up  1/4                     CLOSE 3.32  3/4  Down  1/4

            OLD CROP BASIS                          NEW CROP BASIS
Location    Spot   1mt   2mt   3mt U.S. $/bu   $/mt Cntrct U.S.   $/bu   $/mt
ELEVATORS        +JUL20+SEP20+SEP20
CK Low       1.25                        4.43 174.40  0.90         4.23 166.43
CK High      1.25                        4.43 174.40  0.95         4.28 168.40
CK Avg       1.25                  -0.01 4.43 174.40  0.91 -0.30   4.24 166.76
Essex Cty    1.25                        4.43 174.40  0.90         4.23 166.43
Mdsx Low     1.25                        4.43 174.40  0.90         4.23 166.43
Mdsx High    1.25                        4.43 174.40  0.95         4.28 168.40
Mdsx Avg     1.25                  -0.01 4.43 174.40  0.93 -0.29   4.25 167.41
Hensall      1.30                        4.48 176.37  0.97         4.29 169.05
Bruce        1.25                        4.43 174.40  0.95         4.28 168.40
Putnam       1.25                        4.43 174.40  0.90         4.23 166.43
Burford      1.25                        4.43 174.40  0.90         4.23 166.43
Port Perry   1.35                        4.53 178.34  1.05         4.38 172.33
Norfolk      1.25                        4.43 174.40  0.90         4.23 166.43
Palmerston   1.23                        4.41 173.61  0.91         4.24 166.82
Varna        1.30                        4.48 176.37  0.95         4.28 168.40
Trenton      1.35                        4.53 178.34  1.10         4.43 174.30
Winchester   1.40                        4.58 180.31  1.45         4.78 188.08
North Gower  1.35                        4.53 178.34  1.40         4.73 186.11
Vankleek Hil 1.01                        4.19 164.95  1.06         4.39 172.73
Huron FOB    1.45                        4.63 182.28  1.00         4.33 170.37
Kent FOB     1.30                        4.48 176.37  1.00         4.33 170.37
Lamb FOB    N/A                                       0.95         4.28 168.40
Mdsx FOB     1.30N/A   N/A   N/A         4.48 176.37  0.95         4.28 168.40
FOB SW Que   2.13                        5.31 209.05N/A
Track        1.55                        4.73 186.21N/A
PROCESSORS
Chat-Eth    N/A  N/A   N/A     1.46                 N/A
Jhnstwn-Eth N/A  N/A   N/A   N/A                      N/A
Aylmer-Eth  N/A  N/A     1.50  1.60                   1.20         4.53 178.24
Sarn-Eth    N/A  N/A   N/A   N/A                    N/A
London-Ing  N/A  N/A   N/A   N/A                      1.25         4.58 180.21
Pt.Colb-Ing N/A  N/A   N/A   N/A                    N/A
Cardnl-Ing  N/A  N/A     1.95  2.00                   1.55         4.88 192.02
W O Feed     1.71                        4.89 192.59

US Rep       1.83                        5.01 197.23
Toledo El.  -0.11                        3.07 120.78 -0.42         2.91 114.48

TRANSFER
Pt. Colb     1.80                        4.98 196.05  1.35         4.68 184.15
Prescott    N/A                                     N/A


HI SD CRN                                             0.95         4.27 3/4
*Wet Bid


Exchange rate was 1.3993 up 0.0000
Chicago soybeans closed narrowly mixed.

       JUL20   HI 8.39  1/2           NOV20    HI 8.49  1/4
              LOW 8.28  1/2                   LOW 8.40  3/4
             CLOSE8.33  1/4  Down 1 3/4     CLOSE 8.44  1/2  Down 1

             OLD CROP                             NEW CROP
Location     Basis 1mt  2mt  3mt U.S.  $/bu  $/mt BasisU.S.  $/bu  $/mt
ELEVATORS         +JUL2+JUL2+SEP20
CK Low       2.85                     11.18 410.892.65      11.10 407.67
CK High      2.92                     11.25 413.462.75      11.20 411.35
CK Average   2.89                -0.3111.22 412.232.70 -0.4811.15 409.51
Essex Cty    2.90                     11.23 412.722.70      11.15 409.51
Mdsx Low     2.85                     11.18 410.892.65      11.10 407.67
Mdsx High    2.90                     11.23 412.722.73      11.18 410.61
Mdsx Average 2.88                -0.3211.21 411.812.69 -0.4911.14 409.14
Hensall      2.85                     11.18 410.892.68      11.13 408.90
Bruce        2.85                     11.18 410.892.70      11.15 409.51
Putnam       2.85                     11.18 410.892.65      11.10 407.67
Burford      2.97                     11.30 415.302.80      11.25 413.18
Port Perry   2.92                     11.25 413.462.75      11.20 411.35
Norfolk      2.90                     11.23 412.722.75      11.20 411.35
Palmerston   2.83                     11.16 410.152.76      11.21 411.71
Varna        2.85                     11.18 410.892.70      11.15 409.51
Trenton      2.85                     11.18 410.892.70      11.15 409.51
Winchester   2.90                     11.23 412.722.65      11.10 407.67
North Gower  2.85                     11.18 410.892.71      11.16 409.88
Vankleek Hill N/A                                 2.85      11.30 415.02
Huron FOB    3.00                     11.33 416.402.80      11.25 413.18
Kent FOB     3.10                     11.43 420.072.75      11.20 411.35
Lambton FOB  3.10                     11.43 420.072.70      11.15 409.51
Middlesex FOB3.09 3.09  N/A  N/A      11.42 419.712.85      11.30 415.02

PROCESSORS
Windsor      3.39                     11.72 430.733.01      11.46 420.90

TRANSFER
Hamilton     3.50                     11.83 434.773.20      11.65 427.88
Prescott      N/A                                 3.14      11.59 425.68
Port Colborne3.50                     11.83 434.773.19      11.64 427.51

Toledo El.   -0.14                     8.19 301.03-0.42      8.03 294.88


Exchange rate was 1.3993 up 0.0000
Chicago wheat closed slightly to moderately lower.
JUL20      HI     5.16  1/4             SEP20   HI      5.18  3/4
           LOW    5.03  1/4                     LOW     5.06  3/4
           CLOSE  5.08  3/4  Down 7 1/4         CLOSE   5.12  3/4  Down 6

Minni wheat closed slightly lower.
JUL20      HI     5.17  3/4             SEP20   HI      5.28  1/4
           LOW    5.11  1/4                     LOW     5.22  1/4
           CLOSE  5.13   Down 5                 CLOSE   5.24  1/4  Down 4 1/2

GFO Cash Wheat Prices - DEL Terminal
Harvest 19        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 2.17          2.38            2.17          1.42
CAD $/bu              7.26          7.47            7.26          6.55
CAD $/tonne         266.72        274.43          266.72        240.62


Direct MarkHarvest 2019                 Harvest 2020
           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     N/A    N/A    N/A     N/A    1.31    N/A
London      2.05    2.33   1.84    N/A    1.59    1.80   1.31    N/A
Hensall     1.75    N/A    1.75    N/A    1.46    N/A    1.31    N/A
Trenton      N/A    N/A     N/A    N/A    N/A     N/A    1.41    N/A
Bruce       1.65    2.15   1.75   1.80    1.36    1.71   1.31   1.30
Essex        N/A    N/A    1.80    N/A    N/A     N/A    1.31    N/A
Norwich     1.75    N/A    1.75    N/A    1.46    N/A    1.31    N/A
Port Hope    N/A    N/A    1.75    N/A    N/A     N/A    1.41    N/A
Kent Bridge 1.75    N/A    1.75    N/A    1.46    N/A    1.31    N/A
Chatham      N/A    N/A     N/A    N/A    N/A     N/A    1.36    N/A
Brigden      N/A    N/A     N/A    N/A    N/A     N/A    1.36    N/A
Palmerston   N/A    2.17   1.75   1.83    N/A     1.83   1.40   1.32
Varna       1.95    2.15   1.75    N/A    1.46    1.76   1.36    N/A
Mitchell    1.75    1.90   1.75    N/A    1.46    1.66   1.31    N/A
Thornton     N/A    N/A     N/A   1.81    N/A     N/A     N/A    N/A
North Gower  N/A    2.10   1.90   1.05    N/A     1.85   1.40   1.10
W O Feed                   2.32

TERMINAL
Port Colbor  N/A    N/A    2.18    N/A    N/A     N/A    1.65    N/A

PROCESSORS
Toledo FM    N/A    N/A    2.03    N/A    N/A     N/A    1.99    N/A

Toledo El. 5.09US         7.12CA        5.09US          7.12CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 20        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 1.70          2.05            1.70          1.25
CAD $/bu              6.82          7.17            6.82          6.49
CAD $/tonne         250.72        263.57          250.72        238.64

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

FEED GRAINS
FOB Hm Soymeal            491.75
DDG's FOB Srn & Aylm      265.00


Blair Andrews

Editor, AgriLink and Farm Market News

University of Guelph, Ridgetown Campus



Email:fmnc at uoguelph.ca

Tel. 519-674-1500 x 63577

Fax. 519-674-1530

Click on this link: farmmarketnews-unsubscribe at list.gfo.ca  to unsubscribe from this report.
This Farm Market News product is sponsored by:
Grain Farmers of Ontario



-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.sentex.ca/pipermail/farmmarketnews/attachments/20200525/58d060fd/attachment-0001.html>
-------------- next part --------------
An embedded and charset-unspecified text was scrubbed...
Name: corn.txt
URL: <http://lists.sentex.ca/pipermail/farmmarketnews/attachments/20200525/58d060fd/attachment-0001.txt>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: grain.pdf
Type: application/pdf
Size: 513466 bytes
Desc: grain.pdf
URL: <http://lists.sentex.ca/pipermail/farmmarketnews/attachments/20200525/58d060fd/attachment-0001.pdf>


More information about the Farmmarketnews mailing list