[Farmmarketnews] Monday Ontario Commodity Report

Farm Market News - Ontario Commodity Report farmmarketnews at lists.sentex.ca
Mon Jan 17 15:02:46 EST 2022


Note: U.S. markets were closed for the Martin Luther King Jr. Holiday.


FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, January 17
(All Bases in CAD)
Markets were closed for Martin Luther King Jr. Day
Exchange rate was 1.2523 down 0.0043
On Friday, Chicago corn closed slightly to moderately higher.

      MAR22   HI 5.98  1/4                    DEC22    HI 5.61
             LOW 5.85  1/4                            LOW 5.56
            CLOSE5.96  1/4  Up 8 3/4                CLOSE 5.58  1/4  Up  1/2

            OLD CROP BASIS                          NEW CROP BASIS
Location    Spot   1mt   2mt   3mt U.S. $/bu   $/mt Cntrct U.S.   $/bu   $/mt
ELEVATORS        +MAR22+MAY22+MAY22
CK Low       1.20                        7.16 281.98  1.05         6.63 261.11
CK High      1.40                        7.36 289.85  1.10         6.68 263.08
CK Avg       1.29                  -0.17 7.25 285.35  1.06 -0.28   6.64 261.39
Essex Cty    1.30                        7.26 285.91  1.05         6.63 261.11
Mdsx Low     1.20                        7.16 281.98  1.05         6.63 261.11
Mdsx High    1.30                        7.26 285.91  1.05         6.63 261.11
Mdsx Avg     1.27                  -0.19 7.23 284.60  1.05 -0.29   6.63 261.11
Hensall      1.30                        7.26 285.91  1.07         6.65 261.77
Bruce        1.25                        7.21 283.94  1.05         6.63 261.11
Putnam       1.25                        7.21 283.94  1.05         6.63 261.11
Burford      1.20                        7.16 281.98  1.05         6.63 261.11
Port Perry   1.25                        7.21 283.94  1.10         6.68 263.08
Norfolk      1.30                        7.26 285.91  1.05         6.63 261.11
Palmerston   1.25                        7.21 283.94  1.05         6.63 261.11
Varna        1.30                        7.26 285.91  1.05         6.63 261.11
Belmore      1.30                        7.26 285.91  1.05         6.63 261.11
Trenton      1.35                        7.31 287.88  1.10         6.68 263.08
Winchester   1.45                        7.41 291.82  1.10         6.68 263.08
North Gower  1.40                        7.36 289.85  1.25         6.83 268.98
Vankleek Hil 1.38                        7.34 289.06  1.28         6.86 270.16
Huron FOB    1.30  1.35  1.40  1.48      7.26 285.91N/A
Kent FOB     1.46                        7.42 292.21  1.15         6.73 265.05
Lamb FOB     1.45                        7.41 291.82  1.10         6.68 263.08
Mdsx FOB    N/A  N/A   N/A   N/A                      1.10         6.68 263.08
FOB SW Que   2.28                        8.24 324.49N/A
Track        1.76                        7.72 303.82N/A
PROCESSORS
Chat-Eth    N/A  N/A   N/A   N/A                      1.28         6.86 270.16
Jhnstwn-Eth N/A  N/A   N/A   N/A                      1.66         7.24 285.12
Aylmer-Eth  N/A  N/A   N/A   N/A                    N/A
Sarn-Eth    N/A  N/A     1.55  1.60                 N/A
London-Ing  N/A  N/A   N/A   N/A                      1.40         6.98 274.89
Cardnl-Ing  N/A  N/A   N/A   N/A                      1.60         7.18 282.76
W O Feed     1.79                        7.75 305.28

US Rep       1.85                        7.81 307.56
Toledo El.  -0.26                        5.70 224.38 -0.31         5.27 207.45

TRANSFER
Pt. Colb    N/A                                       1.15         6.73 265.05
Prescott     1.82                        7.78 306.38  1.59         7.17 282.37


HI SD CRN    1.40                        7.36 1/4
*Wet Bid


Exchange rate was 1.2523 down 0.0043
Chicago soybeans closed slightly lower.

      MAR22   HI 13.80                   NOV22     HI 13.03  1/2
             LOW 13.63  3/4                       LOW 12.90  1/2
            CLOSE13.69  3/4  Down 7 1/2         CLOSE 12.93   Down 11 1/2

            OLD CROP                                  NEW CROP
Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt
ELEVATORS        +MAR22+MAR22+MAY22
CK Low      3.05                         16.75 615.37  2.55        15.48 568.79
CK High     3.08                         16.78 616.47  2.60        15.53 570.63
CK Average  3.05                   -0.32 16.75 615.52  2.57 -0.56  15.50 569.37
Essex Cty   3.05                         16.75 615.37  2.55        15.48 568.79
Mdsx Low    3.05                         16.75 615.37  2.55        15.48 568.79
Mdsx High   3.07                         16.77 616.10  2.55        15.48 568.79
Mdsx Average3.06                   -0.32 16.75 615.61  2.55 -0.57  15.48 568.79
Hensall     3.05                         16.75 615.37  2.55        15.48 568.79
Bruce       3.05                         16.75 615.37  2.55        15.48 568.79
Putnam      3.05                         16.75 615.37  2.55        15.48 568.79
Burford     3.14                         16.84 618.67  2.62        15.55 571.36
Port Perry  3.03                         16.73 614.63  2.51        15.44 567.32
Norfolk     3.05                         16.75 615.37  2.55        15.48 568.79
Palmerston  3.07                         16.77 616.10  2.59        15.52 570.26
Varna       3.05                         16.75 615.37  2.55        15.48 568.79
Trenton     3.00                         16.70 613.53  2.50        15.43 566.96
Winchester  3.03                         16.73 614.63  2.57        15.50 569.53
North Gower 3.10                         16.80 617.20  2.85        15.78 579.82
Vankleek Hil3.46                         17.16 630.43  2.76        15.69 576.51
Huron FOB   3.16  3.29  3.32  3.40       16.86 619.41  N/A
Kent FOB    3.25                         16.95 622.71  2.55        15.48 568.79
Lambton FOB 3.25                         16.95 622.71  2.65        15.58 572.47
Mdsx FOB    3.28  3.28  3.33  3.27       16.98 623.82  2.62        15.55 571.36

PROCESSORS
Windsor     3.69                         17.39 638.88  2.86        15.79 580.18

TRANSFER
Hamilton    3.50                         17.20 631.90  2.95        15.88 583.49
Prescott     N/A                                       3.11        16.04 589.37
Port Colborn3.48                         17.18 631.17  3.08        16.01 588.27

Toledo El.  -0.25                        13.45 494.09 -0.50        12.43 456.69


Exchange rate was 1.2523 down 0.0043
Chicago wheat closed slightly lower.
MAR22      HI     7.47  1/4            JUL22   HI      7.44  1/2
           LOW    7.37                         LOW        7.36
           CLOSE  7.41  1/2  Down 5 1/4        CLOSE   7.37  1/4  Down 5 1/4

Minni wheat closed lower.
MAR22      HI     8.95  1/2            SEP22   HI         8.70
           LOW       8.76                      LOW     8.53  3/4
           CLOSE  8.78  1/4  Down 17 1/4       CLOSE   8.55  1/4  Down 18 3/4



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   1.15    N/A    N/A     N/A    1.40    N/A
London      1.10   1.35   0.92    N/A    1.66    1.60   1.35    N/A
Hensall     1.15    N/A   1.15    N/A    2.20    N/A    1.40    N/A
Trenton      N/A    N/A    N/A    N/A    N/A     N/A    1.40    N/A
Bruce       1.00   1.45   1.00    N/A    2.20    1.70   1.40   1.50
Essex        N/A    N/A   0.90    N/A    N/A     N/A    1.30    N/A
Norwich     1.15    N/A   1.15    N/A    2.20    N/A    1.40    N/A
Port Hope    N/A    N/A   1.15    N/A    N/A     N/A    1.40    N/A
Kent Bridge 1.15    N/A   1.15    N/A    2.20    N/A    1.40    N/A
Chatham      N/A    N/A   0.90    N/A    N/A     N/A    1.30    N/A
Brigden      N/A    N/A   0.90    N/A    N/A     N/A    1.30    N/A
Palmerston   N/A   1.87   1.06   1.58    N/A     N/A    1.46   1.40
Varna       1.35   1.85   1.10    N/A    2.05    1.60   1.40    N/A
Mitchell    1.15   1.75   1.15    N/A    2.20    1.70   1.40    N/A
Thornton    1.10   1.35   0.92   1.81    1.66    1.60   1.41    N/A
North Gower  N/A   0.90   1.30   1.07    N/A     N/A    1.43    N/A
W O Feed                  1.86

TERMINAL
Port Colbor  N/A    N/A   1.62    N/A    N/A     N/A    1.73    N/A

PROCESSORS
Toledo FM    N/A    N/A   2.25    N/A    N/A     N/A    1.99    N/A

Toledo El. 7.27US        9.10CA         7.32US         9.17CA


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

FEED GRAINS
FOB Hm Soymeal            603.64
DDG's FOB Srn & Aylm     300.00 - 310.00


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/20220117/7c958200/attachment-0001.htm>
-------------- next part --------------
An embedded and charset-unspecified text was scrubbed...
Name: corn.txt
URL: <http://lists.sentex.ca/pipermail/farmmarketnews/attachments/20220117/7c958200/attachment-0001.txt>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: grain.pdf
Type: application/pdf
Size: 503049 bytes
Desc: grain.pdf
URL: <http://lists.sentex.ca/pipermail/farmmarketnews/attachments/20220117/7c958200/attachment-0001.pdf>


More information about the Farmmarketnews mailing list