[Farmmarketnews] Tuesday Ontario Commodity Report

Farm Market News - Ontario Commodity Report farmmarketnews at lists.sentex.ca
Tue Feb 2 15:18:46 EST 2021


FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, February 2
(All Bases in CAD)
Exchange rate was 1.2805 down 0.0020
Chicago corn closed slightly to moderately lower.

      MAR21   HI 5.52  1/2                    DEC21    HI 4.49  1/4
             LOW 5.40  1/4                            LOW 4.44
            CLOSE5.43   Down 6 1/4                  CLOSE 4.47   Down  3/4

            OLD CROP BASIS                          NEW CROP BASIS
Location    Spot   1mt   2mt   3mt U.S. $/bu   $/mt Cntrct U.S.   $/bu   $/mt
ELEVATORS        +MAY21+MAY21+JUL21
CK Low       1.40                        6.83 268.89  0.90         5.37 211.41
CK High      1.45                        6.88 270.85  0.95         5.42 213.38
CK Avg       1.43                  -0.08 6.86 269.87  0.91 -0.27   5.38 211.74
Essex Cty    1.45                        6.88 270.85  0.90         5.37 211.41
Mdsx Low     1.40                        6.83 268.89  0.90         5.37 211.41
Mdsx High    1.45                        6.88 270.85  0.90         5.37 211.41
Mdsx Avg     1.43                  -0.08 6.86 269.87  0.90 -0.28   5.37 211.41
Hensall      1.45                        6.88 270.85  0.92         5.39 212.06
Bruce        1.40                        6.83 268.89  0.90         5.37 211.41
Putnam       1.40                        6.83 268.89  0.90         5.37 211.41
Burford      1.45                        6.88 270.85  0.90         5.37 211.41
Port Perry   1.45                        6.88 270.85  1.00         5.47 215.34
Norfolk      1.45                        6.88 270.85  0.90         5.37 211.41
Palmerston   1.46                        6.89 271.25  1.00         5.47 215.34
Varna        1.45                        6.88 270.85  0.90         5.37 211.41
Trenton      1.45                        6.88 270.85  1.00         5.47 215.34
Winchester   1.45                        6.88 270.85  1.25         5.72 225.19
North Gower  1.49                        6.92 272.43  1.26         5.73 225.58
Vankleek Hil 1.68                        7.11 279.91  1.07         5.54 218.10
Huron FOB    1.57  1.70  1.73  1.73      7.00 275.58  0.94         5.41 212.98
Kent FOB     1.65                        7.08 278.73  1.00         5.47 215.34
Lamb FOB    N/A                                       1.05         5.52 217.31
Mdsx FOB    N/A  N/A   N/A   N/A                      1.05         5.52 217.31
FOB SW Que   2.30                        7.73 304.32N/A
Track        1.90                        7.33 288.37N/A
PROCESSORS
Chat-Eth    N/A  N/A   N/A   N/A                      1.06         5.53 217.71
Jhnstwn-Eth N/A  N/A   N/A   N/A                      1.44         5.91 232.67
Aylmer-Eth  N/A  N/A   N/A     1.90                   1.20         5.67 223.22
Sarn-Eth    N/A  N/A   N/A   N/A                    N/A
London-Ing  N/A  N/A   N/A     1.90                   1.30         5.77 227.15
Pt.Colb-Ing N/A  N/A   N/A   N/A                    N/A
Cardnl-Ing  N/A  N/A   N/A     2.00                   1.45         5.92 233.06
W O Feed     2.04                        7.47 294.16

US Rep       2.16                        7.59 298.81
Toledo El.  -0.09                        5.34 210.24 -0.26         4.21 165.90

TRANSFER
Pt. Colb     1.95                        7.38 290.54  1.35         5.82 229.12
Prescott    N/A                                       1.51         5.98 235.42


HI SD CRN    1.45                        6.88
*Wet Bid


Exchange rate was 1.2805 down 0.0020
Chicago soybeans closed moderately lower to steady.

      MAR21   HI 13.72                   NOV21     HI 11.59  1/2
             LOW 13.41  1/2                       LOW 11.40
            CLOSE13.54  3/4  Down 10 1/2        CLOSE 11.50  1/2  Down 3 1/2

            OLD CROP                                  NEW CROP
Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt
ELEVATORS        +MAR21+MAY21+MAY21
CK Low      3.34                         16.89 620.51  2.75        14.26 523.78
CK High     3.35                         16.90 620.88  2.80        14.31 525.62
CK Average  3.35                   -0.35 16.90 620.82  2.77 -0.36  14.27 524.39
Essex Cty   3.35                         16.90 620.88  2.70        14.21 521.94
Mdsx Low    3.32                         16.87 619.77  2.73        14.24 523.05
Mdsx High   3.35                         16.90 620.88  2.75        14.26 523.78
Mdsx Average3.34                   -0.36 16.88 620.33  2.74 -0.38  14.25 523.41
Hensall     3.35                         16.90 620.88  2.72        14.22 522.56
Bruce       3.35                         16.90 620.88  2.70        14.21 521.94
Putnam      3.35                         16.90 620.88  2.75        14.26 523.78
Burford     3.39                         16.94 622.35  2.80        14.31 525.62
Port Perry  3.31                         16.86 619.41  2.72        14.23 522.68
Norfolk     3.35                         16.90 620.88  2.80        14.31 525.62
Palmerston  3.36                         16.91 621.24  2.72        14.23 522.68
Varna       3.35                         16.90 620.88  2.70        14.21 521.94
Trenton     3.35                         16.90 620.88  2.75        14.26 523.78
Winchester  3.35                         16.90 620.88  2.75        14.26 523.78
North Gower 3.38                         16.93 621.98  2.78        14.29 524.88
Vankleek Hil3.29                         16.84 618.67  2.71        14.22 522.31
Huron FOB   3.64  3.64  3.70  3.70       17.19 631.53  2.91        14.42 529.66
Kent FOB    3.40                         16.95 622.71  2.80        14.31 525.62
Lambton FOB 3.35                         16.90 620.88  2.80        14.31 525.62
Mdsx FOB    3.51  3.58  N/A   N/A        17.06 626.76  2.93        14.44 530.40

PROCESSORS
Windsor     3.87                         17.42 639.98  2.98        14.49 532.23

TRANSFER
Hamilton    3.85                         17.40 639.25  3.25        14.76 542.15
Prescott     N/A                                       3.09        14.60 536.27
Port Colborn3.86                         17.41 639.62  3.34        14.85 545.46

Toledo El.  -0.13                        13.42 493.08 -0.45        11.06 406.27


Exchange rate was 1.2805 down 0.0020
Chicago wheat closed slightly to moderately lower.
MAR21      HI     6.56  3/4             JUL21   HI      6.38  1/4
           LOW    6.40  1/2                     LOW     6.24  3/4
           CLOSE  6.44  3/4  Down 6 1/4         CLOSE   6.30   Down 3 3/4

Minni wheat closed slightly lower.
MAR21      HI     6.26  3/4             SEP21   HI         6.45
           LOW    6.16  3/4                     LOW        6.37
           CLOSE  6.21   Down 2                 CLOSE   6.41   Down 1 3/4



Direct MarkHarvest 2020                 Harvest 2021
           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    1.40    N/A    N/A     N/A    1.10    N/A
London      1.41    1.35   1.35    N/A    1.31    1.31   1.11    N/A
Hensall     1.45    N/A    1.40    N/A    1.35    N/A    1.10    N/A
Trenton      N/A    N/A     N/A    N/A    N/A     N/A    1.10    N/A
Bruce       1.30    1.40   1.30   1.40    1.25    1.30   1.10   1.30
Essex        N/A    N/A    1.40    N/A    N/A     N/A    1.05    N/A
Norwich     1.45    N/A    1.40    N/A    1.35    N/A    1.10    N/A
Port Hope    N/A    N/A     N/A    N/A    N/A     N/A    1.10    N/A
Kent Bridge 1.45    N/A    1.40    N/A    1.35    N/A    1.10    N/A
Chatham      N/A    N/A    1.40    N/A    N/A     N/A    1.05    N/A
Brigden      N/A    N/A    1.40    N/A    N/A     N/A    1.05    N/A
Palmerston   N/A    1.23   1.30   1.42    N/A     1.30   1.11   1.35
Varna       1.40    1.45   1.40    N/A    1.30    1.35   1.10    N/A
Mitchell    1.45    1.55   1.40    N/A    1.35    1.30   1.10    N/A
Thornton     N/A    N/A     N/A   1.21    N/A     N/A     N/A    N/A
North Gower  N/A    1.17   1.17   0.90    N/A     1.16   1.16   1.09
W O Feed                   2.01

TERMINAL
Port Colbor  N/A    N/A    1.81    N/A    N/A     N/A    1.44    N/A

PROCESSORS
Toledo FM    N/A    N/A    1.81    N/A    N/A     N/A    1.77    N/A

Toledo El. 6.45US         8.26CA         6.25US         8.00CA


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

FEED GRAINS
FOB Hm Soymeal             637.15
DDG's FOB Srn & Aylm      350.00 - 360.00



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/20210202/78506190/attachment-0001.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: grain.pdf
Type: application/pdf
Size: 502793 bytes
Desc: grain.pdf
URL: <http://lists.sentex.ca/pipermail/farmmarketnews/attachments/20210202/78506190/attachment-0001.pdf>
-------------- next part --------------
An embedded and charset-unspecified text was scrubbed...
Name: corn.txt
URL: <http://lists.sentex.ca/pipermail/farmmarketnews/attachments/20210202/78506190/attachment-0001.txt>


More information about the Farmmarketnews mailing list