[Farmmarketnews] Monday Ontario Commodity Report

Farm Market News - Ontario Commodity Report farmmarketnews at lists.sentex.ca
Mon Mar 28 15:34:43 EDT 2022


FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, March 28
(All Bases in CAD)
Exchange rate was 1.2544 up 0.0067
Chicago corn closed slightly lower.

      JUL22   HI 7.31                         DEC22    HI 6.66
             LOW 7.21  1/4                            LOW 6.57  1/2
            CLOSE7.30  1/2  Down 4 1/4              CLOSE 6.64  1/2  Down 4 1/2

            OLD CROP BASIS                          NEW CROP BASIS
Location    Spot   1mt   2mt   3mt U.S. $/bu   $/mt Cntrct U.S.   $/bu   $/mt
ELEVATORS        +JUL22+JUL22+JUL22
CK Low       1.45                        8.76 344.67  1.15         7.80 306.88
CK High      1.50                        8.81 346.64  1.20         7.85 308.84
CK Avg       1.49                  -0.29 8.80 346.36  1.18 -0.41   7.82 308.00
Essex Cty    1.50                        8.81 346.64  1.20         7.85 308.84
Mdsx Low     1.45                        8.76 344.67  1.15         7.80 306.88
Mdsx High    1.50                        8.81 346.64  1.20         7.85 308.84
Mdsx Avg     1.47                  -0.31 8.77 345.33  1.18 -0.41   7.82 307.86
Hensall      1.48                        8.79 345.98  1.18         7.83 308.19
Bruce        1.45                        8.76 344.67  1.15         7.80 306.88
Putnam       1.50                        8.81 346.64  1.20         7.85 308.84
Burford      1.45                        8.76 344.67  1.15         7.80 306.88
Port Perry   1.40                        8.71 342.70  1.10         7.75 304.91
Norfolk      1.50                        8.81 346.64  1.20         7.85 308.84
Palmerston   1.39                        8.70 342.31  1.12         7.77 305.69
Varna        1.45                        8.76 344.67  1.15         7.80 306.88
Belmore      1.45                        8.76 344.67  1.15         7.80 306.88
Trenton      1.50                        8.81 346.64  1.15         7.80 306.88
Winchester   1.55                        8.86 348.61  1.50         8.15 320.65
North Gower  1.55                        8.86 348.61  1.40         8.05 316.72
Vankleek Hil 1.84                        9.15 360.02  1.15         7.80 306.88
Huron FOB    1.45  1.45  1.50  1.57      8.76 344.67N/A
Kent FOB    N/A                                       1.30         7.95 312.78
Lamb FOB    N/A                                       1.55         8.20 322.62
Mdsx FOB    N/A  N/A     1.70N/A                      1.25         7.90 310.81
FOB SW Que   2.75                       10.06 395.85N/A
Track        1.96                        9.27 364.75N/A
PROCESSORS
Chat-Eth    N/A  N/A   N/A   N/A                      1.54         8.19 322.23
Jhnstwn-Eth N/A  N/A   N/A   N/A                      1.81         8.46 332.86
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                      1.65         8.30 326.56
Cardnl-Ing  N/A  N/A   N/A   N/A                      1.85         8.50 334.43
W O Feed     2.00                        9.31 366.32

US Rep       2.08                        9.39 369.47
Toledo El.  -0.40                        6.90 271.78 -0.31         6.33 249.26

TRANSFER
Pt. Colb    N/A                                       1.30         7.95 312.78
Prescott     2.05                        9.36 368.29  1.84         8.49 334.04


HI SD CRN    1.50                        8.80 1/2
*Wet Bid


Exchange rate was 1.2544 up 0.0067
Chicago soybeans closed moderately lower to lower.

      JUL22   HI 16.87  1/4              NOV22     HI 14.93
             LOW 16.43  1/2                       LOW 14.64  3/4
            CLOSE16.46  3/4  Down 41 3/4        CLOSE 14.68  3/4  Down 28

            OLD CROP                                  NEW CROP
Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt
ELEVATORS        +JUL22+JUL22+JUL22
CK Low      3.80                         20.27 744.70  3.05        17.74 651.74
CK High     3.95                         20.42 750.21  3.15        17.84 655.42
CK Average  3.90                   -0.23 20.37 748.38  3.10 -0.51  17.79 653.53
Essex Cty   3.90                         20.37 748.38  3.05        17.74 651.74
Mdsx Low    3.90                         20.37 748.38  3.09        17.78 653.21
Mdsx High   3.95                         20.42 750.21  3.20        17.89 657.25
Mdsx Average3.92                   -0.22 20.38 748.99  3.13 -0.48  17.82 654.68
Hensall     3.90                         20.37 748.38  3.17        17.85 656.03
Bruce       3.90                         20.37 748.38  3.10        17.79 653.58
Putnam      3.90                         20.37 748.38  3.10        17.79 653.58
Burford     4.00                         20.47 752.05  3.14        17.83 655.05
Port Perry  3.91                         20.38 748.74  3.05        17.74 651.74
Norfolk     3.90                         20.37 748.38  3.10        17.79 653.58
Palmerston  3.79                         20.26 744.34  3.18        17.87 656.52
Varna       3.90                         20.37 748.38  3.20        17.89 657.25
Trenton     3.80                         20.27 744.70  3.10        17.79 653.58
Winchester  3.79                         20.26 744.34  3.08        17.77 652.84
North Gower 4.20                         20.67 759.40  3.35        18.04 662.76
Vankleek Hil4.14                         20.61 757.20  3.06        17.75 652.11
Huron FOB   4.00  4.13  4.15  4.19       20.47 752.05  N/A
Kent FOB    4.15                         20.62 757.56  3.10        17.79 653.58
Lambton FOB 4.26                         20.73 761.61  3.93        18.62 684.08
Mdsx FOB    3.58  4.21  4.15  N/A        20.05 736.62  3.35        18.04 662.76

PROCESSORS
Windsor     4.63                         21.10 775.20  3.48        18.17 667.54

TRANSFER
Hamilton    4.50                         20.97 770.42  3.65        18.34 673.79
Prescott     N/A                                       3.37        18.06 663.50
Port Colborn4.65                         21.12 775.94  3.79        18.48 678.93

Toledo El.  -0.10                        16.37 601.39 -0.44        14.25 523.54


Exchange rate was 1.2544 up 0.0067
Chicago wheat closed slightly lower to lower.
JUL22      HI     10.82  1/4           SEP22   HI      10.62  1/4
           LOW    10.38  3/4                   LOW     10.21  1/4
           CLOSE  10.51  1/2  Down 41          CLOSE   10.38   Down 31 3/4

Minni wheat closed moderately lower.
MAY22      HI       11.02              SEP22   HI      10.75  3/4
           LOW    10.65  1/4                   LOW       10.47
           CLOSE  10.79  1/2  Down 24 3/4      CLOSE   10.58  1/2  Down 24 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    N/A    N/A    N/A     N/A    1.40    N/A
London      1.09   1.59   1.09    N/A    2.02    1.64   1.33    N/A
Hensall     1.10    N/A   1.10    N/A    2.40    N/A    1.40    N/A
Trenton      N/A    N/A    N/A    N/A    N/A     N/A    1.40    N/A
Bruce       1.10   1.80   1.10    N/A    2.30    1.70   1.40   1.50
Essex        N/A    N/A   1.10    N/A    N/A     N/A    1.40    N/A
Norwich     1.10    N/A   1.10    N/A    2.40    N/A    1.40    N/A
Port Hope    N/A    N/A   1.10    N/A    N/A     N/A    1.40    N/A
Kent Bridge 1.10    N/A   1.10    N/A    2.40    N/A    1.40    N/A
Chatham      N/A    N/A   1.10    N/A    N/A     N/A    1.40    N/A
Brigden      N/A    N/A    N/A    N/A    N/A     N/A    1.40    N/A
Palmerston   N/A    N/A    N/A    N/A    N/A     1.70   1.26    N/A
Varna       1.35   1.85   1.10    N/A    2.40    1.70   1.40    N/A
Mitchell    1.10   1.80   1.10    N/A    2.40    1.70   1.40    N/A
Thornton    1.09   1.59   1.09   0.49    2.02    1.64   1.33    N/A
North Gower  N/A    N/A    N/A    N/A    N/A     N/A    1.20    N/A
W O Feed                  2.41

TERMINAL
Port Colbor  N/A    N/A   1.47    N/A    N/A     N/A    1.78    N/A

PROCESSORS
Toledo FM    N/A    N/A   2.50    N/A    N/A     N/A    2.64    N/A

Toledo El. 10.27US       12.88CA       10.32US         12.95CA


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

FEED GRAINS
FOB Hm Soymeal            725.22
DDG's FOB Srn & Aylm     370.00 - 380.00



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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