[Farmmarketnews] Monday Ontario Commodity Report
Farm Market News - Ontario Commodity Report
farmmarketnews at lists.sentex.ca
Mon May 9 15:38:30 EDT 2022
FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, May 9
(All Bases in CAD)
Exchange rate was 1.2998 up 0.0090
Chicago corn closed moderately lower.
JUL22 HI 7.85 DEC22 HI 7.19 1/2
LOW 7.69 LOW 7.03 3/4
CLOSE7.72 Down 12 3/4 CLOSE 7.10 3/4 Down 10
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 1.55 9.27 364.94 1.40 8.51 334.93
CK High 1.65 9.37 368.88 1.45 8.56 336.89
CK Avg 1.63 -0.53 9.35 368.04 1.44 -0.53 8.54 336.33
Essex Cty 1.65 9.37 368.88 1.45 8.56 336.89
Mdsx Low 1.60 9.32 366.91 1.40 8.51 334.93
Mdsx High 1.65 9.37 368.88 1.45 8.56 336.89
Mdsx Avg 1.63 -0.52 9.35 368.22 1.43 -0.54 8.53 335.91
Hensall 1.67 9.39 369.54 1.47 8.57 337.55
Bruce 1.65 9.37 368.88 1.45 8.56 336.89
Putnam 1.65 9.37 368.88 1.45 8.56 336.89
Burford 1.60 9.32 366.91 1.40 8.51 334.93
Port Perry 1.45 9.17 361.01 1.25 8.36 329.02
Norfolk 1.65 9.37 368.88 1.45 8.56 336.89
Palmerston 1.66 9.38 369.27 1.55 8.66 340.83
Varna 1.65 9.37 368.88 1.45 8.56 336.89
Belmore 1.65 9.37 368.88 1.45 8.56 336.89
Trenton 1.55 9.27 364.94 1.45 8.56 336.89
Winchester 1.80 9.52 374.79 1.80 8.91 350.67
North Gower 1.75 9.47 372.82 1.70 8.81 346.74
Vankleek Hil 2.08 9.80 385.81 1.62 8.73 343.59
Huron FOB 1.65 1.70 1.81 1.86 9.37 368.88 1.45 8.56 336.89
Kent FOB 1.75 9.47 372.82 1.60 8.71 342.80
Lamb FOB 1.95 9.67 380.69 1.65 8.76 344.77
Mdsx FOB 1.70 1.75 1.80N/A 9.42 370.85 1.55 8.66 340.83
FOB SW Que 3.06 10.78 424.39N/A
Track 2.34 10.06 395.85N/A
PROCESSORS
Chat-Eth N/A N/A N/A N/A 1.89 9.00 354.22
Jhnstwn-Eth N/A N/A N/A N/A 2.27 9.38 369.18
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 1.95 9.06 356.58
Cardnl-Ing N/A N/A N/A N/A 2.25 9.36 368.39
W O Feed 2.38 10.10 397.42
US Rep 2.51 10.23 402.74
Toledo El. -0.32 7.40 291.13 -0.32 6.78 267.02
TRANSFER
Pt. Colb N/A 1.55 8.66 340.83
Prescott 2.53 10.25 403.52 2.20 9.31 366.42
HI SD CRN 1.45 8.55 3/4
*Wet Bid
Exchange rate was 1.2998 up 0.0090
Chicago soybeans closed moderately lower to lower.
JUL22 HI 16.26 NOV22 HI 14.72 1/4
LOW 15.78 LOW 14.38 1/4
CLOSE15.85 1/4 Down 36 3/4 CLOSE 14.46 3/4 Down 24
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +JUL22+JUL22+SEP22
CK Low 4.55 20.40 749.66 3.60 18.07 663.87
CK High 4.65 20.50 753.34 3.65 18.12 665.70
CK Average 4.63 -0.10 20.48 752.55 3.63 -0.54 18.10 665.07
Essex Cty 4.65 20.50 753.34 3.65 18.12 665.70
Mdsx Low 4.60 20.45 751.50 3.60 18.07 663.87
Mdsx High 4.66 20.51 753.71 3.65 18.12 665.70
Mdsx Average4.64 -0.09 20.49 752.85 3.63 -0.54 18.10 664.97
Hensall 4.62 20.47 752.11 3.67 18.13 666.32
Bruce 4.60 20.45 751.50 3.65 18.12 665.70
Putnam 4.65 20.50 753.34 3.70 18.17 667.54
Burford 4.72 20.57 755.91 3.70 18.17 667.54
Port Perry 4.57 20.42 750.40 3.55 18.02 662.03
Norfolk 4.65 20.50 753.34 3.70 18.17 667.54
Palmerston 4.62 20.47 752.24 3.68 18.15 666.81
Varna 4.60 20.45 751.50 3.65 18.12 665.70
Trenton 4.60 20.45 751.50 3.70 18.17 667.54
Winchester 4.54 20.39 749.30 3.60 18.07 663.87
North Gower 4.40 20.25 744.15 3.65 18.12 665.70
Vankleek Hil4.41 20.26 744.52 3.59 18.06 663.50
Huron FOB 4.68 4.78 4.84 5.01 20.53 754.44 3.65 18.12 665.70
Kent FOB 4.85 20.70 760.69 3.65 18.12 665.70
Lambton FOB 4.80 20.65 758.85 N/A
Mdsx FOB 4.96 5.02 5.02 N/A 20.81 764.73 3.87 18.34 673.79
PROCESSORS
Windsor 5.33 21.18 778.32 4.08 18.55 681.50
TRANSFER
Hamilton 5.30 21.15 777.22 4.30 18.77 689.59
Prescott N/A 4.08 18.55 681.50
Port Colborn N/A 4.00 18.47 678.56
Toledo El. -0.06 15.79 580.09 -0.45 14.01 514.87
Exchange rate was 1.2998 up 0.0090
Chicago wheat closed slightly to moderately lower.
JUL22 HI 11.35 SEP22 HI 11.35
LOW 10.90 LOW 10.92 1/4
CLOSE 10.92 3/4 Down 15 3/4 CLOSE 10.95 1/2 Down 14 1/4
Minni wheat closed slightly lower.
JUL22 HI 12.34 3/4 SEP22 HI 12.31 1/4
LOW 12.02 1/2 LOW 12.00
CLOSE 12.06 3/4 Down 2 CLOSE 12.04 3/4 Down 1 1/2
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 2.10 N/A
London 2.42 2.74 2.16 N/A 3.16 2.71 2.32 N/A
Hensall 1.85 N/A 1.85 N/A 3.10 N/A 2.10 N/A
Trenton N/A N/A N/A N/A N/A N/A 2.10 N/A
Bruce N/A N/A 1.80 N/A 3.00 2.45 2.10 1.30
Essex N/A N/A 1.85 N/A N/A N/A 2.10 N/A
Norwich 1.85 N/A 1.85 N/A 3.10 N/A 2.10 N/A
Port Hope N/A N/A N/A N/A N/A N/A 2.10 N/A
Kent Bridge 1.85 N/A 1.85 N/A 3.10 N/A 2.10 N/A
Chatham N/A N/A 1.85 N/A N/A N/A 2.10 N/A
Brigden N/A N/A 1.85 N/A N/A N/A 2.10 N/A
Palmerston N/A 2.51 2.05 2.84 N/A 2.91 2.45 N/A
Varna 2.10 2.60 1.85 N/A 3.00 2.45 2.10 N/A
Mitchell 1.85 2.55 1.85 N/A 3.10 2.45 2.10 N/A
Thornton 2.42 2.74 2.16 1.66 3.16 2.71 2.32 N/A
North Gower N/A N/A N/A N/A N/A N/A 2.05 N/A
W O Feed 2.82
TERMINAL
Port Colbor N/A N/A 2.62 N/A N/A N/A 2.71 N/A
PROCESSORS
Toledo FM N/A N/A 3.32 N/A N/A N/A 3.28 N/A
Toledo El. 10.53US 13.68CA 10.73US 13.94CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 640.23
DDG's FOB Srn & Aylm 410.00 - 415.00
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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This Farm Market News product is sponsored by:
Grain Farmers of Ontario
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