[Farmmarketnews] Tuesday Ontario Commodity Report

Farm Market News - Ontario Commodity Report farmmarketnews at lists.sentex.ca
Tue Oct 10 15:34:19 EDT 2023


FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, October 10
(All Bases in CAD)
Exchange rate was 1.3571 down 0.0004
Chicago corn closed slightly lower.

      DEC23   HI 4.88  1/4                    DEC24    HI 5.15  3/4
             LOW 4.84  1/4                            LOW 5.12  3/4
            CLOSE4.85  1/2  Down 2 3/4              CLOSE 5.14  1/4  Down 2

            OLD CROP BASIS                          NEW CROP BASIS
Location    Spot   1mt   2mt   3mt U.S. $/bu   $/mt Cntrct U.S.   $/bu   $/mt
ELEVATORS        +DEC23+MAR24+MAR24
CK Low       1.05                        5.91 232.47  0.95         6.09 239.85
CK High      1.15                        6.01 236.41  1.00         6.14 241.82
CK Avg       1.08                  -0.48 5.93 233.59  0.96 -0.64   6.11 240.41
Essex Cty    1.10                        5.96 234.44  0.95         6.09 239.85
Mdsx Low     1.05                        5.91 232.47  0.95         6.09 239.85
Mdsx High    1.10                        5.96 234.44  1.00         6.14 241.82
Mdsx Avg     1.06                  -0.49 5.92 232.96  0.96 -0.64   6.11 240.34
Hensall      1.10                        5.96 234.44  1.00         6.14 241.82
Bruce        1.05                        5.91 232.47  0.95         6.09 239.85
Putnam       1.05                        5.91 232.47  0.95         6.09 239.85
Guelph       1.00                        5.86 230.50N/A
Burford      1.05                        5.91 232.47  1.00         6.14 241.82
Port Perry   0.85                        5.71 224.60  0.90         6.04 237.88
Norfolk      1.10                        5.96 234.44  0.95         6.09 239.85
Palmerston   1.10                        5.96 234.44  1.00         6.14 241.82
Varna        1.10                        5.96 234.44  1.00         6.14 241.82
Belmore      1.10                        5.96 234.44  1.00         6.14 241.82
Trenton      0.85                        5.71 224.60  0.90         6.04 237.88
Winchester   1.20                        6.06 238.37  0.90         6.04 237.88
North Gower  1.20                        6.06 238.37  1.10         6.24 245.76
Vankleek Hil 0.79                        5.65 222.23  0.83         5.97 235.13
Huron FOB    1.55  1.10  1.10N/A         6.41 252.15N/A
Kent FOB     1.15                        6.01 236.41  0.95         6.09 239.85
Lamb FOB     1.47                        6.33 249.00N/A
Mdsx FOB     1.05  1.05  1.05  1.10      5.91 232.47N/A
FOB SW Que   2.76                        7.62 299.79N/A
Track        2.04                        6.89 271.29N/A
PROCESSORS
Chat-Eth    N/A  N/A   N/A   N/A                    N/A
Jhnstwn-Eth N/A  N/A   N/A   N/A                    N/A
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     1.75                   1.55         6.69 263.47
Cardnl-Ing  N/A  N/A   N/A   N/A                      1.60         6.74 265.44
W O Feed     2.20                        7.05 277.55

US Rep       2.69                        7.55 297.03
Toledo El.  -0.81                        4.04 159.08 -0.54         4.60 181.08

TRANSFER
Pt. Colb     1.35                        6.21 244.28  1.05         6.19 243.79
Prescott     1.61                        6.47 254.52N/A


HI SD CRN    1.15                        6.00 1/2
*Wet Bid


Exchange rate was 1.3571 down 0.0004
Chicago soybeans closed mixed.

      NOV23   HI 12.73  1/4              NOV24     HI 12.51  1/2
             LOW 12.54  1/4                       LOW 12.39  3/4
            CLOSE12.71  1/2  Up 7 1/4           CLOSE 12.49  1/4  Down 1 1/4

            OLD CROP                                  NEW CROP
Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt
ELEVATORS        +NOV23+JAN24+JAN24
CK Low      3.30                         16.02 588.45  3.15        15.64 574.76
CK High     3.45                         16.17 593.96  3.25        15.74 578.44
CK Average  3.40                   -0.84 16.12 592.18  3.18 -0.95  15.67 575.74
Essex Cty   3.40                         16.12 592.12  3.25        15.74 578.44
Mdsx Low    3.39                         16.11 591.76  3.14        15.63 574.40
Mdsx High   3.40                         16.12 592.12  3.20        15.69 576.60
Mdsx Average3.40                   -0.84 16.11 592.03  3.16 -0.96  15.65 575.13
Hensall     3.40                         16.12 592.12  3.12        15.61 573.54
Bruce       3.40                         16.12 592.12  3.15        15.64 574.76
Putnam      3.40                         16.12 592.12  3.15        15.64 574.76
Guelph      3.48                         16.20 595.06  3.30        15.79 580.28
Burford     3.55                         16.27 597.64  3.30        15.79 580.28
Port Perry  3.36                         16.08 590.66  3.11        15.60 573.29
Norfolk     3.55                         16.27 597.64  3.20        15.69 576.60
Palmerston  3.40                         16.12 592.12  3.10        15.59 572.93
Varna       3.40                         16.12 592.12  3.10        15.59 572.93
Trenton     3.35                         16.07 590.29  3.15        15.64 574.76
Winchester  3.50                         16.22 595.80  3.40        15.89 583.95
North Gower 3.35                         16.07 590.29  3.30        15.79 580.28
Vankleek Hil3.42                         16.14 592.86  3.23        15.72 577.70
Huron FOB   3.50  3.50  3.55  N/A        16.22 595.80  N/A
Kent FOB    3.40                         16.12 592.12  3.20        15.69 576.60
Lambton FOB 3.75                         16.47 604.99  N/A
Mdsx FOB    3.46  3.59  3.65  3.72       16.18 594.33  N/A

PROCESSORS
Windsor     4.03                         16.75 615.27  3.95        16.44 604.16

TRANSFER
Hamilton    3.90                         16.62 610.50  3.85        16.34 600.48
Prescott    3.93                         16.65 611.60  N/A
Port Colborn3.98                         16.70 613.44  3.92        16.41 603.06

Toledo El.  -0.95                        11.77 432.29 -0.75        11.75 431.59


Exchange rate was 1.3571 down 0.0004
Chicago wheat closed moderately lower.
DEC23      HI     5.74  3/4            JUL24   HI      6.42  1/4
           LOW    5.55  1/2                    LOW     6.25  1/4
           CLOSE  5.58  1/2  Down 14 1/4       CLOSE   6.28  3/4  Down 12

Minni wheat closed slightly lower.
DEC23      HI        7.32              SEP24   HI      7.82  1/2
           LOW    7.18  1/2                    LOW     7.79  1/4
           CLOSE  7.23  1/2  Down 7 1/2        CLOSE   7.82  1/2  Down 9 1/4



Direct MarkHarvest 2023                Harvest 2024
           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   0.70    N/A    N/A     N/A    0.90    N/A
London      1.27   1.27   0.57    N/A    0.96    1.37   0.89    N/A
Hensall     1.60   1.45   0.75   1.15    1.65    1.55   1.00    N/A
Trenton      N/A    N/A   0.50    N/A    N/A     N/A    0.85    N/A
Bruce        N/A   1.20   0.70   1.00    1.40    1.40   0.90    N/A
Essex        N/A    N/A   0.75    N/A    N/A     N/A    1.10    N/A
Norwich     1.60    N/A   0.70    N/A    1.75    N/A    0.90    N/A
Belmore     1.60   1.10   0.75   1.10    1.70    1.15   1.00    N/A
Kent Bridge 1.60    N/A   0.70    N/A    1.75    N/A    0.90    N/A
Chatham      N/A    N/A   0.75    N/A    N/A     N/A    1.10    N/A
Brigden      N/A    N/A   0.75    N/A    N/A     N/A    1.10    N/A
Palmerston  1.60   1.10   0.75   1.10    1.70    1.15   1.00    N/A
Varna       1.60   1.45   0.75    N/A    1.65    1.55   1.00    N/A
Mitchell    1.60   1.30   0.70    N/A    1.75    1.50   0.90    N/A
Thornton    1.27   1.27   0.57   0.97    0.96    1.37   0.89    N/A
North Gower  N/A   0.60   0.90   0.97    N/A     0.85   1.15   0.92
W O Feed                  1.49

TERMINAL
Port Colbor  N/A    N/A   1.20    N/A    N/A     N/A    1.37    N/A

PROCESSORS
Toledo FM    N/A    N/A   1.52    N/A    N/A     N/A    2.11    N/A

Toledo El. 5.04US        6.83CA         6.05US         8.21CA


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

FEED GRAINS
FOB Hm Soymeal            606.83
DDG's FOB Aylm            320.00



Blair Andrews

Editor, 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/20231010/7885bc8e/attachment-0001.htm>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: grain.pdf
Type: application/pdf
Size: 503804 bytes
Desc: grain.pdf
URL: <http://lists.sentex.ca/pipermail/farmmarketnews/attachments/20231010/7885bc8e/attachment-0001.pdf>
-------------- next part --------------
An embedded and charset-unspecified text was scrubbed...
Name: corn.txt
URL: <http://lists.sentex.ca/pipermail/farmmarketnews/attachments/20231010/7885bc8e/attachment-0001.txt>


More information about the Farmmarketnews mailing list