[Farmmarketnews] Thursday Ontario Commodity Report

Farm Market News - Ontario Commodity Report farmmarketnews at lists.sentex.ca
Thu Nov 25 14:24:53 EST 2021


Note: Markets in the U.S. were closed for the Thanksgiving Holiday.
A report is being sent today due to a few changes in basis, primarily for soybeans and wheat.
Thank you.

FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, November 25
(All Bases in CAD)
Exchange rate was 1.2649 down 0.0021
Chicago corn closed slightly lower.

      DEC21   HI 5.89                         DEC22    HI 5.65
             LOW 5.75  1/2                            LOW 5.57
            CLOSE5.79  3/4  Down  3/4               CLOSE 5.58  1/4  Down 1 1/4

            OLD CROP BASIS                          NEW CROP BASIS
Location    Spot   1mt   2mt   3mt U.S. $/bu   $/mt Cntrct U.S.   $/bu   $/mt
ELEVATORS        +MAR22+MAR22+MAR22
CK Low       1.15                        6.95 273.51  0.90         6.48 255.20
CK High      1.26                        7.06 277.84  0.95         6.53 257.17
CK Avg       1.21                  -0.26 7.01 275.87  0.94 -0.42   6.53 256.89
Essex Cty    1.26                        7.06 277.84  0.95         6.53 257.17
Mdsx Low     1.20                        7.00 275.48  0.95         6.53 257.17
Mdsx High    1.20                        7.00 275.48  0.95         6.53 257.17
Mdsx Avg     1.20                  -0.27 7.00 275.48  0.95 -0.42   6.53 257.17
Hensall      1.22                        7.01 276.14  1.02         6.60 259.80
Bruce        1.20                        7.00 275.48  0.95         6.53 257.17
Putnam       1.20                        7.00 275.48  1.00         6.58 259.14
Burford      1.20                        7.00 275.48  0.95         6.53 257.17
Port Perry   1.20                        7.00 275.48  1.00         6.58 259.14
Norfolk      1.26                        7.06 277.84  0.95         6.53 257.17
Palmerston   1.16                        6.96 273.90  1.00         6.58 259.14
Varna        1.20                        7.00 275.48  1.00         6.58 259.14
Belmore      1.20                        7.00 275.48  1.00         6.58 259.14
Trenton      1.25                        7.05 277.45  1.05         6.63 261.11
Winchester   1.45                        7.25 285.32  1.25         6.83 268.98
North Gower  1.50                        7.30 287.29  1.20         6.78 267.02
Vankleek Hil 1.57                        7.37 290.05  1.20         6.78 267.02
Huron FOB    1.20  1.33  1.40  1.45      7.00 275.48N/A
Kent FOB     1.26                        7.06 277.84  1.05         6.63 261.11
Lamb FOB     1.25                        7.05 277.45  1.20         6.78 267.02
Mdsx FOB     1.10  1.30  1.40  1.45      6.90 271.54  1.10         6.68 263.08
FOB SW Que   1.87                        7.67 301.86N/A
Track        1.70                        7.50 295.16N/A
PROCESSORS
Chat-Eth    N/A  N/A   N/A   N/A                      1.37         6.95 273.71
Jhnstwn-Eth N/A  N/A     1.97  2.02                   1.64         7.22 284.34
Aylmer-Eth  N/A  N/A   N/A   N/A                    N/A
Sarn-Eth    N/A  N/A     1.50  1.55                 N/A
London-Ing  N/A  N/A   N/A   N/A                      1.40         6.98 274.89
Cardnl-Ing  N/A  N/A     1.95  2.00                   1.55         7.13 280.79
W O Feed     1.78                        7.58 298.31

US Rep       1.80                        7.60 299.10
Toledo El.  -0.32                        5.48 215.79 -0.32         5.27 207.32

TRANSFER
Pt. Colb     1.40                        7.20 283.35  1.35         6.93 272.92
Prescott     1.95                        7.75 305.01  1.65         7.23 284.73


HI SD CRN    1.26                        7.05 3/4
*Wet Bid


Exchange rate was 1.2649 down 0.0021
Chicago soybeans closed slightly lower.

      JAN22   HI 12.81                   NOV22     HI 12.59  1/4
             LOW 12.63  1/4                       LOW 12.46  1/4
            CLOSE12.66  1/2  Down 6 1/2         CLOSE 12.49  3/4  Down 3 3/4

            OLD CROP                                  NEW CROP
Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt
ELEVATORS        +JAN22+JAN22+MAR22
CK Low      2.90                         15.57 571.92  2.55        15.05 552.90
CK High     3.00                         15.67 575.59  2.70        15.20 558.41
CK Average  2.97                   -0.30 15.64 574.49  2.61 -0.56  15.10 554.95
Essex Cty   3.00                         15.67 575.59  2.55        15.05 552.90
Mdsx Low    2.90                         15.57 571.92  2.60        15.10 554.74
Mdsx High   3.03                         15.70 576.69  2.63        15.13 555.84
Mdsx Average2.97                   -0.31 15.63 574.30  2.62 -0.55  15.11 555.29
Hensall     2.97                         15.63 574.37  2.60        15.10 554.74
Bruce       2.95                         15.62 573.75  2.65        15.15 556.58
Putnam      2.90                         15.57 571.92  2.60        15.10 554.74
Burford     3.10                         15.77 579.26  2.70        15.20 558.41
Port Perry  2.98                         15.65 574.86  2.58        15.08 554.00
Norfolk     3.00                         15.67 575.59  2.60        15.10 554.74
Palmerston  2.91                         15.58 572.28  2.46        14.96 549.59
Varna       3.00                         15.67 575.59  2.60        15.10 554.74
Trenton     2.95                         15.62 573.75  2.65        15.15 556.58
Winchester  3.00                         15.67 575.59  2.65        15.15 556.58
North Gower 2.87                         15.54 570.81  2.72        15.22 559.15
Vankleek Hil3.13                         15.80 580.37  2.82        15.32 562.82
Huron FOB   3.23  3.29  3.35  3.42       15.90 584.04  N/A
Kent FOB    3.30                         15.97 586.61  2.60        15.10 554.74
Lambton FOB 3.20                         15.87 582.94  2.75        15.25 560.25
Mdsx FOB    3.10  3.28  3.35  3.31       15.77 579.26  2.78        15.28 561.35

PROCESSORS
Windsor     3.67                         16.34 600.21  2.87        15.37 564.66

TRANSFER
Hamilton    3.60                         16.27 597.64  3.00        15.50 569.44
Prescott    3.45                         16.12 592.12  3.14        15.64 574.58
Port Colborn3.38                         16.05 589.55  3.19        15.69 576.42

Toledo El.  -0.25                        12.41 456.06 -0.51        11.99 440.61


Exchange rate was 1.2649 down 0.0021
Chicago wheat closed moderately lower to lower.
DEC21      HI     8.63  1/4             JUL22   HI         8.63
           LOW    8.33  1/2                     LOW     8.38  1/2
           CLOSE  8.36  3/4  Down 19 1/4        CLOSE   8.43  1/4  Down 15

Minni wheat closed narrowly mixed.
DEC21      HI     10.47  3/4            SEP22   HI      9.49  1/4
           LOW    10.27  1/2                    LOW     9.38  1/4
           CLOSE  10.36  3/4  Down 1 1/2        CLOSE   9.44  1/4  Up 1



Direct MarkHarvest 2021                 Harvest 2022
           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    1.20    N/A    N/A     N/A    1.65    N/A
London      1.28    1.66   1.21    N/A    1.85    1.85   1.65    N/A
Hensall     1.24    N/A    1.24    N/A    2.25    N/A    1.65    N/A
Trenton      N/A    N/A     N/A    N/A    N/A     N/A    1.65    N/A
Bruce       1.00    N/A    1.00    N/A    2.00    1.85   1.65   1.30
Essex        N/A    N/A    1.20    N/A    N/A     N/A    1.65    N/A
Norwich     1.24    N/A    1.24    N/A    2.25    N/A    1.65    N/A
Port Hope    N/A    N/A    1.20    N/A    N/A     N/A    1.65    N/A
Kent Bridge 1.24    N/A    1.24    N/A    2.25    N/A    1.65    N/A
Chatham      N/A    N/A    1.20    N/A    N/A     N/A    1.70    N/A
Brigden      N/A    N/A    1.20    N/A    N/A     N/A    1.70    N/A
Palmerston   N/A    N/A    1.22   1.86    N/A     N/A    1.61   1.82
Varna       1.45    1.95   1.20    N/A    2.25    1.85   1.70    N/A
Mitchell    1.24    1.79   1.24    N/A    2.25    1.90   1.65    N/A
Thornton    1.28    1.66   1.21   1.63    1.85    1.85   1.65    N/A
North Gower  N/A    0.85   1.25   1.17    N/A     N/A    1.36    N/A
W O Feed                   2.18

TERMINAL
Port Colbor  N/A    N/A    1.79    N/A    N/A     N/A    1.98    N/A

PROCESSORS
Toledo FM    N/A    N/A    2.60    N/A    N/A     N/A    2.36    N/A

Toledo El. 8.22US         10.39CA        8.38US         10.60CA


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

FEED GRAINS
FOB Hm Soymeal             598.12
DDG's FOB Srn & Aylm      220.00 - 230.00



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/20211125/982a8374/attachment-0001.htm>
-------------- next part --------------
An embedded and charset-unspecified text was scrubbed...
Name: corn.txt
URL: <http://lists.sentex.ca/pipermail/farmmarketnews/attachments/20211125/982a8374/attachment-0001.txt>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: grain.pdf
Type: application/pdf
Size: 503516 bytes
Desc: grain.pdf
URL: <http://lists.sentex.ca/pipermail/farmmarketnews/attachments/20211125/982a8374/attachment-0001.pdf>


More information about the Farmmarketnews mailing list