[Farmmarketnews] Monday Ontario Commodity Report
Farm Market News - Ontario Commodity Report
farmmarketnews at lists.sentex.ca
Mon Feb 23 15:24:59 EST 2026
FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, February 23
(All Bases in CAD)
Exchange rate was 1.3686 up 0.0011
Chicago corn closed steady to slightly higher.
MAR26 HI 4.31 1/2 DEC26 HI 4.67 1/2
LOW 4.25 1/4 LOW 4.62
CLOSE4.27 1/2 Unchanged CLOSE 4.64 1/2 Unchanged
OLD CROP BASIS NEW CROP BASIS
Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt
ELEVATORS +MAY26+MAY26+JUL26
CK Low 1.40 5.68 223.41 1.20 5.85 230.11
CK High 1.45 5.73 225.38 1.20 5.85 230.11
CK Avg 1.43 -0.11 5.71 224.65 1.20 -0.37 5.85 230.11
Essex Cty 1.45 5.73 225.38 1.20 5.85 230.11
Mdsx Low 1.40 5.68 223.41 1.20 5.85 230.11
Mdsx High 1.45 5.73 225.38 1.20 5.85 230.11
Mdsx Avg 1.43 -0.11 5.71 224.60 1.20 -0.37 5.85 230.11
Hensall 1.47 5.74 226.04 1.22 5.86 230.76
Bruce 1.50 5.78 227.35 1.20 5.85 230.11
Putnam 1.45 5.73 225.38 1.20 5.85 230.11
Guelph 1.45 5.73 225.38 1.15 5.80 228.14
Burford 1.45 5.73 225.38 1.20 5.85 230.11
Port Perry 1.75 6.03 237.19 1.05 5.70 224.20
Norfolk 1.45 5.73 225.38 1.20 5.85 230.11
Palmerston 1.45 5.73 225.38 1.25 5.90 232.08
Varna 1.45 5.73 225.38 1.20 5.85 230.11
Belmore 1.45 5.73 225.38 1.25 5.90 232.08
Trenton 2.05 6.33 249.00 1.30 5.95 234.04
Winchester 2.11 6.39 251.37 1.45 6.10 239.95
North Gower 2.10 6.38 250.97 1.40 6.05 237.98
Vankleek Hil 2.19 6.47 254.52 1.49 6.14 241.52
Huron FOB 1.71 1.66 1.70N/A 5.99 235.62N/A
Kent FOB 1.92 6.20 243.89 1.40 6.05 237.98
Lamb FOB 1.65 5.93 233.26 1.25 5.90 232.08
Mdsx FOB 1.75 1.75 1.80 1.80 6.03 237.19 1.30 5.95 234.04
FOB SW Que 2.64 6.92 272.23N/A
Track 2.14 6.42 252.55N/A
PROCESSORS
Chat-Eth N/A N/A N/A N/A 1.60 6.25 245.85
Jhnstwn-Eth N/A N/A N/A N/A 1.69 6.34 249.40
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 6.30 247.82
Cardnl-Ing N/A N/A N/A 2.63 1.70 6.35 249.79
W O Feed 2.12 6.39 251.56
max 3.0 ppm
US Rep 2.05 6.33 249.00
Toledo El. 0.14 4.41 173.69 -0.55 4.10 161.31
TRANSFER
Pt. Colb 2.00 6.28 247.04 1.50 6.15 241.92
Prescott 2.52 6.80 267.51 1.84 6.49 255.30
HI SD CRN 1.45 5.72 1/2
*Wet Bid
Exchange rate was 1.3686 up 0.0011
Chicago soybeans closed narrowly mixed.
MAR26 HI 11.48 1/2 NOV26 HI 11.27 1/4
LOW 11.27 1/2 LOW 11.08 1/2
CLOSE11.34 1/4 Down 3 1/4 CLOSE 11.17 1/4 Up 2 1/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +MAR26+MAY26+MAY26
CK Low 3.67 15.01 551.61 2.96 14.13 519.28
CK High 3.80 15.14 556.39 3.15 14.32 526.26
CK Average 3.77 -0.30 15.11 555.11 3.08 -0.76 14.26 523.78
Essex Cty 3.80 15.14 556.39 3.05 14.22 522.59
Mdsx Low 3.67 15.01 551.61 2.96 14.13 519.28
Mdsx High 3.80 15.14 556.39 3.10 14.27 524.42
Mdsx Average3.74 -0.32 15.09 554.33 3.06 -0.77 14.23 523.03
Hensall 3.80 15.14 556.39 3.08 14.26 523.81
Bruce 3.80 15.14 556.39 3.00 14.17 520.75
Putnam 3.80 15.14 556.39 3.10 14.27 524.42
Guelph 3.72 15.06 553.45 3.05 14.22 522.59
Burford 3.79 15.13 556.02 3.08 14.25 523.69
Port Perry 3.59 14.93 548.68 2.88 14.05 516.34
Norfolk 3.75 15.09 554.55 3.15 14.32 526.26
Palmerston 3.80 15.14 556.39 3.15 14.32 526.26
Varna 3.80 15.14 556.39 3.10 14.27 524.42
Trenton 3.30 14.64 538.02 3.20 14.37 528.10
Winchester 3.26 14.60 536.55 3.20 14.37 528.10
North Gower 3.10 14.44 530.67 3.00 14.17 520.75
Vankleek Hil3.42 14.76 542.43 3.08 14.25 523.69
Huron FOB 4.00 4.07 3.94 N/A 15.34 563.74 N/A
Kent FOB 4.00 15.34 563.74 3.10 14.27 524.42
Lambton FOB 3.80 15.14 556.39 3.05 14.22 522.59
Mdsx FOB 3.86 3.92 3.85 3.92 15.20 558.60 3.14 14.31 525.89
PROCESSORS
Windsor 4.33 15.67 575.87 3.51 14.68 539.49
TRANSFER
Hamilton 4.30 15.64 574.76 3.60 14.77 542.80
Prescott 3.55 14.89 547.21 3.27 14.44 530.67
Port Colborn3.95 15.29 561.90 3.65 14.82 544.63
Toledo El. -0.07 11.27 414.25 -0.75 10.42 382.86
Exchange rate was 1.3686 up 0.0011
Chicago wheat closed slightly lower.
MAR26 HI 5.79 1/4 JUL26 HI 5.91 1/4
LOW 5.67 3/4 LOW 5.81 1/2
CLOSE 5.69 1/2 Down 4 CLOSE 5.82 1/4 Down 5 1/4
Minni wheat closed slightly lower.
MAR26 HI 5.92 1/2 SEP26 HI 6.34
LOW 5.70 1/2 LOW 6.24
CLOSE 5.82 1/4 Down 5 CLOSE 6.28 Down 2 1/2
Direct MarkHarvest 2025 Harvest 2026
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 1.54 N/A N/A N/A 1.25 N/A
London N/A 2.02 1.69 N/A N/A 1.65 1.29 N/A
Hensall 1.55 1.90 1.55 1.75 1.65 1.65 1.20 1.70
Trenton N/A N/A N/A N/A N/A N/A 1.60 N/A
Bruce 1.75 2.05 1.55 1.70 1.70 1.70 1.20 1.35
Essex N/A N/A 1.55 N/A N/A N/A 1.20 N/A
Norwich 1.50 N/A 1.50 N/A 1.70 N/A 1.20 N/A
Winchester N/A N/A N/A N/A N/A N/A N/A N/A
Belmore 1.45 1.80 1.55 1.65 N/A 1.70 1.25 N/A
Kent Bridge 1.50 N/A 1.50 N/A 1.70 N/A 1.20 N/A
Chatham N/A N/A 1.55 N/A N/A N/A 1.20 N/A
Brigden N/A N/A 1.55 N/A N/A N/A 1.20 N/A
Palmerston 1.45 1.80 1.55 1.65 N/A 1.70 1.25 N/A
Varna 1.55 2.65 1.55 N/A 1.65 1.60 1.20 N/A
Mitchell 1.50 N/A 1.50 N/A 1.70 N/A 1.20 N/A
Thornton N/A 2.02 1.69 1.74 N/A 1.65 1.29 N/A
North Gower N/A 1.45 1.55 1.62 N/A 1.30 1.55 1.22
W O Feed 2.48
TERMINAL
Port Colbor N/A N/A 2.23 N/A N/A N/A 1.65 N/A
Toledo El. 5.72US 7.82CA 5.62US 7.69CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 503.21
DDG's FOB Aylm 255.00
Blair Andrews
Editor, Farm Market News
University of Guelph, Ridgetown Campus
Email:fmnc at uoguelph.ca
Tel. 519-674-1500 x 63577
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
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FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, February 23
(All Bases in CAD)
Exchange rate was 1.3686 up 0.0011
Chicago corn closed steady to slightly higher.
MAR26 HI 4.31 1/2 DEC26 HI 4.67 1/2
LOW 4.25 1/4 LOW 4.62
CLOSE4.27 1/2 Unchanged CLOSE 4.64 1/2 Unchanged
OLD CROP BASIS NEW CROP BASIS
Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt
ELEVATORS +MAY26+MAY26+JUL26
CK Low 1.40 5.68 223.41 1.20 5.85 230.11
CK High 1.45 5.73 225.38 1.20 5.85 230.11
CK Avg 1.43 -0.11 5.71 224.65 1.20 -0.37 5.85 230.11
Essex Cty 1.45 5.73 225.38 1.20 5.85 230.11
Mdsx Low 1.40 5.68 223.41 1.20 5.85 230.11
Mdsx High 1.45 5.73 225.38 1.20 5.85 230.11
Mdsx Avg 1.43 -0.11 5.71 224.60 1.20 -0.37 5.85 230.11
Hensall 1.47 5.74 226.04 1.22 5.86 230.76
Bruce 1.50 5.78 227.35 1.20 5.85 230.11
Putnam 1.45 5.73 225.38 1.20 5.85 230.11
Guelph 1.45 5.73 225.38 1.15 5.80 228.14
Burford 1.45 5.73 225.38 1.20 5.85 230.11
Port Perry 1.75 6.03 237.19 1.05 5.70 224.20
Norfolk 1.45 5.73 225.38 1.20 5.85 230.11
Palmerston 1.45 5.73 225.38 1.25 5.90 232.08
Varna 1.45 5.73 225.38 1.20 5.85 230.11
Belmore 1.45 5.73 225.38 1.25 5.90 232.08
Trenton 2.05 6.33 249.00 1.30 5.95 234.04
Winchester 2.11 6.39 251.37 1.45 6.10 239.95
North Gower 2.10 6.38 250.97 1.40 6.05 237.98
Vankleek Hil 2.19 6.47 254.52 1.49 6.14 241.52
Huron FOB 1.71 1.66 1.70N/A 5.99 235.62N/A
Kent FOB 1.92 6.20 243.89 1.40 6.05 237.98
Lamb FOB 1.65 5.93 233.26 1.25 5.90 232.08
Mdsx FOB 1.75 1.75 1.80 1.80 6.03 237.19 1.30 5.95 234.04
FOB SW Que 2.64 6.92 272.23N/A
Track 2.14 6.42 252.55N/A
PROCESSORS
Chat-Eth N/A N/A N/A N/A 1.60 6.25 245.85
Jhnstwn-Eth N/A N/A N/A N/A 1.69 6.34 249.40
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 6.30 247.82
Cardnl-Ing N/A N/A N/A 2.63 1.70 6.35 249.79
W O Feed 2.12 6.39 251.56
max 3.0 ppm
US Rep 2.05 6.33 249.00
Toledo El. 0.14 4.41 173.69 -0.55 4.10 161.31
TRANSFER
Pt. Colb 2.00 6.28 247.04 1.50 6.15 241.92
Prescott 2.52 6.80 267.51 1.84 6.49 255.30
HI SD CRN 1.45 5.72 1/2
*Wet Bid
Exchange rate was 1.3686 up 0.0011
Chicago soybeans closed narrowly mixed.
MAR26 HI 11.48 1/2 NOV26 HI 11.27 1/4
LOW 11.27 1/2 LOW 11.08 1/2
CLOSE11.34 1/4 Down 3 1/4 CLOSE 11.17 1/4 Up 2 1/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +MAR26+MAY26+MAY26
CK Low 3.67 15.01 551.61 2.96 14.13 519.28
CK High 3.80 15.14 556.39 3.15 14.32 526.26
CK Average 3.77 -0.30 15.11 555.11 3.08 -0.76 14.26 523.78
Essex Cty 3.80 15.14 556.39 3.05 14.22 522.59
Mdsx Low 3.67 15.01 551.61 2.96 14.13 519.28
Mdsx High 3.80 15.14 556.39 3.10 14.27 524.42
Mdsx Average3.74 -0.32 15.09 554.33 3.06 -0.77 14.23 523.03
Hensall 3.80 15.14 556.39 3.08 14.26 523.81
Bruce 3.80 15.14 556.39 3.00 14.17 520.75
Putnam 3.80 15.14 556.39 3.10 14.27 524.42
Guelph 3.72 15.06 553.45 3.05 14.22 522.59
Burford 3.79 15.13 556.02 3.08 14.25 523.69
Port Perry 3.59 14.93 548.68 2.88 14.05 516.34
Norfolk 3.75 15.09 554.55 3.15 14.32 526.26
Palmerston 3.80 15.14 556.39 3.15 14.32 526.26
Varna 3.80 15.14 556.39 3.10 14.27 524.42
Trenton 3.30 14.64 538.02 3.20 14.37 528.10
Winchester 3.26 14.60 536.55 3.20 14.37 528.10
North Gower 3.10 14.44 530.67 3.00 14.17 520.75
Vankleek Hil3.42 14.76 542.43 3.08 14.25 523.69
Huron FOB 4.00 4.07 3.94 N/A 15.34 563.74 N/A
Kent FOB 4.00 15.34 563.74 3.10 14.27 524.42
Lambton FOB 3.80 15.14 556.39 3.05 14.22 522.59
Mdsx FOB 3.86 3.92 3.85 3.92 15.20 558.60 3.14 14.31 525.89
PROCESSORS
Windsor 4.33 15.67 575.87 3.51 14.68 539.49
TRANSFER
Hamilton 4.30 15.64 574.76 3.60 14.77 542.80
Prescott 3.55 14.89 547.21 3.27 14.44 530.67
Port Colborn3.95 15.29 561.90 3.65 14.82 544.63
Toledo El. -0.07 11.27 414.25 -0.75 10.42 382.86
Exchange rate was 1.3686 up 0.0011
Chicago wheat closed slightly lower.
MAR26 HI 5.79 1/4 JUL26 HI 5.91 1/4
LOW 5.67 3/4 LOW 5.81 1/2
CLOSE 5.69 1/2 Down 4 CLOSE 5.82 1/4 Down 5 1/4
Minni wheat closed slightly lower.
MAR26 HI 5.92 1/2 SEP26 HI 6.34
LOW 5.70 1/2 LOW 6.24
CLOSE 5.82 1/4 Down 5 CLOSE 6.28 Down 2 1/2
Direct MarkHarvest 2025 Harvest 2026
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 1.54 N/A N/A N/A 1.25 N/A
London N/A 2.02 1.69 N/A N/A 1.65 1.29 N/A
Hensall 1.55 1.90 1.55 1.75 1.65 1.65 1.20 1.70
Trenton N/A N/A N/A N/A N/A N/A 1.60 N/A
Bruce 1.75 2.05 1.55 1.70 1.70 1.70 1.20 1.35
Essex N/A N/A 1.55 N/A N/A N/A 1.20 N/A
Norwich 1.50 N/A 1.50 N/A 1.70 N/A 1.20 N/A
Winchester N/A N/A N/A N/A N/A N/A N/A N/A
Belmore 1.45 1.80 1.55 1.65 N/A 1.70 1.25 N/A
Kent Bridge 1.50 N/A 1.50 N/A 1.70 N/A 1.20 N/A
Chatham N/A N/A 1.55 N/A N/A N/A 1.20 N/A
Brigden N/A N/A 1.55 N/A N/A N/A 1.20 N/A
Palmerston 1.45 1.80 1.55 1.65 N/A 1.70 1.25 N/A
Varna 1.55 2.65 1.55 N/A 1.65 1.60 1.20 N/A
Mitchell 1.50 N/A 1.50 N/A 1.70 N/A 1.20 N/A
Thornton N/A 2.02 1.69 1.74 N/A 1.65 1.29 N/A
North Gower N/A 1.45 1.55 1.62 N/A 1.30 1.55 1.22
W O Feed 2.48
TERMINAL
Port Colbor N/A N/A 2.23 N/A N/A N/A 1.65 N/A
Toledo El. 5.72US 7.82CA 5.62US 7.69CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 503.21
DDG's FOB Aylm 255.00
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