[Farmmarketnews] Tuesday Ontario Commodity Report

Farm Market News - Ontario Commodity Report farmmarketnews at lists.sentex.ca
Tue Feb 15 15:17:21 EST 2022


FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, February 15
(All Bases in CAD)
Exchange rate was 1.2741 up 0.0005
Chicago corn closed moderately lower to lower.

      MAR22   HI 6.55  1/2                    DEC22    HI 5.97  1/4
             LOW 6.35  1/2                            LOW 5.86  3/4
            CLOSE6.38   Down 17 3/4                 CLOSE 5.89  3/4  Down 8 1/2

            OLD CROP BASIS                          NEW CROP BASIS
Location    Spot   1mt   2mt   3mt U.S. $/bu   $/mt Cntrct U.S.   $/bu   $/mt
ELEVATORS        +MAY22+MAY22+JUL22
CK Low       1.25                        7.63 300.38  1.10         7.00 275.48
CK High      1.30                        7.68 302.35  1.15         7.05 277.45
CK Avg       1.29                  -0.36 7.67 302.07  1.14 -0.37   7.04 277.17
Essex Cty    1.30                        7.68 302.35  1.15         7.05 277.45
Mdsx Low     1.25                        7.63 300.38  1.10         7.00 275.48
Mdsx High    1.30                        7.68 302.35  1.15         7.05 277.45
Mdsx Avg     1.28                  -0.37 7.66 301.69  1.13 -0.38   7.03 276.79
Hensall      1.32                        7.70 303.00  1.13         7.03 276.79
Bruce        1.30                        7.68 302.35  1.15         7.05 277.45
Putnam       1.30                        7.68 302.35  1.15         7.05 277.45
Burford      1.25                        7.63 300.38  1.15         7.05 277.45
Port Perry   1.20                        7.58 298.41  1.10         7.00 275.48
Norfolk      1.30                        7.68 302.35  1.15         7.05 277.45
Palmerston   1.23                        7.61 299.59  1.11         7.01 275.87
Varna        1.30                        7.68 302.35  1.10         7.00 275.48
Belmore      1.30                        7.68 302.35  1.15         7.05 277.45
Trenton      1.30                        7.68 302.35  1.10         7.00 275.48
Winchester   1.55                        7.93 312.19  1.45         7.35 289.26
North Gower  1.50                        7.88 310.22  1.40         7.30 287.29
Vankleek Hil 1.63                        8.01 315.34  1.39         7.29 286.90
Huron FOB    1.42  1.48  1.53  1.62      7.80 307.07N/A
Kent FOB     1.45                        7.83 308.25  1.25         7.15 281.38
Lamb FOB     1.55                        7.93 312.19  1.30         7.20 283.35
Mdsx FOB     1.35  1.45  1.55N/A         7.73 304.32  1.25         7.15 281.38
FOB SW Que   2.19                        8.57 337.39N/A
Track        1.82                        8.20 322.62N/A
PROCESSORS
Chat-Eth    N/A  N/A   N/A   N/A                      1.56         7.46 293.59
Jhnstwn-Eth N/A  N/A   N/A   N/A                      1.81         7.71 303.43
Aylmer-Eth  N/A  N/A   N/A   N/A                    N/A
Sarn-Eth    N/A  N/A   N/A   N/A                    N/A
London-Ing  N/A  N/A   N/A   N/A                      1.55         7.45 293.20
Cardnl-Ing  N/A  N/A   N/A   N/A                      1.75         7.65 301.07
W O Feed     1.93                        8.31 326.99

US Rep       1.90                        8.28 325.97
Toledo El.  -0.19                        6.19 243.65 -0.32         5.58 219.63

TRANSFER
Pt. Colb    N/A                                       1.15         7.05 277.45
Prescott     2.02                        8.40 330.69  1.88         7.78 306.19


HI SD CRN    1.30                        7.68
*Wet Bid


Exchange rate was 1.2741 up 0.0005
Chicago soybeans closed mixed.

      MAR22   HI 15.77                   NOV22     HI 14.44  1/2
             LOW 15.42  1/4                       LOW 14.23  1/4
            CLOSE15.51  1/4  Down 18 3/4        CLOSE 14.32   Down 10 1/2

            OLD CROP                                  NEW CROP
Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt
ELEVATORS        +MAR22+MAY22+MAY22
CK Low      3.76                         19.27 708.14  3.15        17.47 641.91
CK High     3.90                         19.41 713.29  3.25        17.57 645.59
CK Average  3.85                   -0.31 19.36 711.50  3.20 -0.58  17.52 643.59
Essex Cty   3.85                         19.36 711.45  3.15        17.47 641.91
Mdsx Low    3.75                         19.26 707.78  3.16        17.48 642.28
Mdsx High   3.90                         19.41 713.29  3.20        17.52 643.75
Mdsx Average3.83                   -0.33 19.35 710.84  3.19 -0.58  17.51 643.26
Hensall     3.88                         19.40 712.67  3.20        17.52 643.75
Bruce       3.85                         19.36 711.45  3.20        17.52 643.75
Putnam      3.85                         19.36 711.45  3.20        17.52 643.75
Burford     3.82                         19.33 710.35  3.23        17.55 644.85
Port Perry  3.71                         19.22 706.31  3.12        17.44 640.81
Norfolk     3.85                         19.36 711.45  3.20        17.52 643.75
Palmerston  3.81                         19.32 709.98  3.16        17.48 642.28
Varna       3.90                         19.41 713.29  3.20        17.52 643.75
Trenton     3.90                         19.41 713.29  3.25        17.57 645.59
Winchester  3.70                         19.21 705.94  3.40        17.72 651.10
North Gower 3.70                         19.21 705.94  3.25        17.57 645.59
Vankleek Hil4.05                         19.56 718.80  3.50        17.82 654.77
Huron FOB   3.87  3.87  4.14  4.20       19.38 712.18  N/A
Kent FOB    4.05                         19.56 718.80  3.20        17.52 643.75
Lambton FOB 3.90                         19.41 713.29  3.35        17.67 649.26
Mdsx FOB    3.69  3.75  4.07  N/A        19.20 705.57  3.41        17.73 651.47

PROCESSORS
Windsor     4.39                         19.90 731.29  3.52        17.84 655.51

TRANSFER
Hamilton    4.25                         19.76 726.15  3.70        18.02 662.12
Prescott     N/A                                       3.72        18.04 662.86
Port Colborn4.10                         19.61 720.64  3.82        18.14 666.53

Toledo El.  -0.25                        15.26 560.62 -0.45        13.87 509.78


Exchange rate was 1.2741 up 0.0005
Chicago wheat closed moderately lower to lower.
MAR22      HI     8.01  3/4            JUL22   HI      8.03  1/2
           LOW    7.73                         LOW     7.76  3/4
           CLOSE  7.79  3/4  Down 19 1/2       CLOSE   7.82   Down 19 3/4

Minni wheat closed moderately lower to lower.
MAR22      HI        9.66              SEP22   HI      9.28  3/4
           LOW       9.40                      LOW     9.02  1/2
           CLOSE  9.53   Down 13               CLOSE   9.14   Down 15



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   1.25    N/A    N/A     N/A    1.55    N/A
London      1.36   1.61   1.23    N/A    2.13    1.87   1.56    N/A
Hensall     1.25    N/A   1.25    N/A    2.35    N/A    1.55    N/A
Trenton      N/A    N/A    N/A    N/A    N/A     N/A    1.55    N/A
Bruce       1.25   1.75   1.25    N/A    2.25    1.75   1.55   1.50
Essex        N/A    N/A   1.15    N/A    N/A     N/A    1.55    N/A
Norwich     1.25    N/A   1.25    N/A    2.35    N/A    1.55    N/A
Port Hope    N/A    N/A   1.25    N/A    N/A     N/A    1.55    N/A
Kent Bridge 1.25    N/A   1.25    N/A    2.35    N/A    1.55    N/A
Chatham      N/A    N/A   1.15    N/A    N/A     N/A    1.55    N/A
Brigden      N/A    N/A   1.15    N/A    N/A     N/A    1.55    N/A
Palmerston   N/A   2.14   1.31   1.96    N/A     N/A    1.66   1.73
Varna       1.55   2.05   1.30    N/A    2.25    1.75   1.55    N/A
Mitchell    1.25   1.90   1.25    N/A    2.35    1.75   1.55    N/A
Thornton    1.36   1.61   1.23   1.73    2.13    1.87   1.56    N/A
North Gower  N/A   0.95   1.30   1.07    N/A     N/A    1.57    N/A
W O Feed                  2.10

TERMINAL
Port Colbor  N/A    N/A   1.69    N/A    N/A     N/A    2.13    N/A

PROCESSORS
Toledo FM    N/A    N/A   2.52    N/A    N/A     N/A    2.27    N/A

Toledo El. 7.65US        9.74CA         7.77US         9.90CA


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

FEED GRAINS
FOB Hm Soymeal            664.48
DDG's FOB Srn & Aylm     350.00 - 355.00



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

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Grain Farmers of Ontario

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