FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, September 1
(All Bases in CAD)
Bank of Canada Noon exchange rate was 1.0497 down 0.0142
Chicago corn closed moderately higher.
DEC10 HI 4.47 1/4 DEC10 HI 4.47 1/4
LOW 4.37 3/4 LOW 4.37 3/4
CLOSE4.46 3/4 Up 7 1/2 CLOSE 4.46 3/4 Up 7 1/2
OLD CROP BASIS NEW CROP BASIS
Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt
ELEVATORS +DEC10+DEC10+MAR11
CK Low -0.65 3.82 150.29 -0.55 3.92 154.23
CK High -0.57 3.90 153.44 -0.55 3.92 154.23
CK Avg -0.60 -0.84 3.86 152.13 -0.55 -0.84 3.92 154.23
Essex Cty -0.65 3.82 150.29 -0.55 3.92 154.23
Mdsx Low -0.65 3.82 150.29 -0.55 3.92 154.23
Mdsx High -0.60 3.87 152.26 -0.55 3.92 154.23
Mdsx Avg -0.62 -0.85 3.85 151.60 -0.55 -0.84 3.92 154.23
Hensall -0.60 3.87 152.26 -0.58 3.89 153.24
Bruce -0.60 3.87 152.26 -0.55 3.92 154.23
Putnam -0.60 3.87 152.26 -0.55 3.92 154.23
Princeton -0.65 3.82 150.29 -0.55 3.92 154.23
Durham -0.60 3.87 152.26 -0.55 3.92 154.23
Norfolk -0.57 3.90 153.44 -0.55 3.92 154.23
Trenton -0.55 3.92 154.23 -0.55 3.92 154.23
Winchester -0.40 4.07 160.13 -0.40 4.07 160.13
North Gower N/A N/A
Huron FOB -0.60 3.87 152.26 -0.60 3.87 152.26
Kent FOB -0.57 3.90 153.44 -0.55 3.92 154.23
Lamb FOB -0.57 3.90 153.44 -0.55 3.92 154.23
Mdsx FOB -0.60 N/A N/A N/A 3.87 152.26 -0.60 3.87 152.26
FOB SW Que -0.35 4.12 162.10 -0.30 4.17 164.07
Track -0.18 4.29 168.99 N/A
PROCESSORS
Chat-Eth N/A N/A N/A -0.45 N/A
Jhnstwn-Eth N/A N/A N/A -0.15 N/A
Aylmer-Eth -0.45 -0.45 -0.45 -0.45 4.02 158.16 -0.45 4.02 158.16
Sarn-Eth N/A -0.35 -0.35 N/A -0.35 4.12 162.10
Cllngwd-Eth -0.15 N/A N/A N/A 4.32 169.97 -0.20 4.27 168.00
London-Cas N/A -0.20 -0.40 -0.30 -0.40 4.07 160.13
Pt.Colb-Cas N/A N/A -0.30 -0.15 -0.30 4.17 164.07
Cardnl-Cas N/A N/A -0.30 -0.10 -0.30 4.17 164.07
W O Feed -0.15 -0.20 4.32 169.97
US Rep 0.00 -0.05 4.47 175.88
Toledo El. -0.37 4.10 161.37 -0.51 3.96 155.74
TRANSFER
Sarnia -0.65 3.82 150.29 -0.55 3.92 154.23
Pt. Stanley N/A -0.56 3.91 153.83
Hamilton -0.19 4.28 168.40 -0.35 4.12162
MID SD CRN -0.55 3.91 3/4
HI SD CRN -0.55 3.91 3/4
Bank of Canada Noon exchange rate was 1.0497 down 0.0142
Chicago soybeans closed slightly lower.
NOV10 HI 10.17 1/2 NOV10 HI 10.17 1/2
LOW 10.04 LOW 10.04
CLOSE10.05 1/2 Down 4 1/2 CLOSE 10.05 1/2 Down 4 1/2
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt
ELEVATORS +NOV1+NOV1+NOV10
CK Low -0.06 10.00 367.25-0.38 9.68 355.50
CK High 0.05 10.11 371.30-0.24 9.82 360.64
CK Average 0.00 -0.5310.05 369.31-0.32-0.98 9.73 357.55
Essex Cty 0.08 10.14 372.40-0.34 9.72 356.97
Mdsx Low 0.00 10.06 369.46-0.35 9.71 356.60
Mdsx High 0.03 10.09 370.56-0.27 9.79 359.54
Mdsx Average 0.01 -0.5210.07 369.83-0.31-0.97 9.75 358.07
Hensall 0.00 10.06 369.46-0.35 9.71 356.60
Bruce 0.00 10.06 369.46-0.35 9.71 356.60
Putnam 0.00 10.06 369.46-0.35 9.71 356.60
Princeton 0.04 10.10 370.93-0.36 9.70 356.23
Durham 0.01 10.07 369.83-0.33 9.73 357.33
Norfolk N/A -0.28 9.78 359.17
Trenton -0.20 9.86 362.11-0.35 9.71 356.60
Winchester -0.27 9.79 359.54-0.01 10.05 369.09
North Gower N/A N/A
Huron FOB 0.15 10.21 374.97-0.20 9.86 362.11
Kent FOB 0.05 10.11 371.30-0.33 9.73 357.33
Lambton FOB 0.05 10.11 371.30-0.33 9.73 357.33
Middlesex FOB-0.07 N/A N/A N/A 9.99 366.89-0.16 9.90 363.58
PROCESSORS
Hamilton 0.25 N/A N/A N/A 10.31 378.640.12 10.18 373.87
Windsor 0.46 N/A N/A N/A 10.52 386.360.05 10.11 371.30
Winchester -0.10 9.96 365.780.10 10.16 373.13
TRANSFER
Hamilton N/A N/A N/A N/A 0.25 10.31 378.64
Pt. Stanley N/A -0.25 9.81 360.27
Sarnia 0.17 10.23 375.700.12 10.18 373.87
Owen Sound N/A N/A
Sorel QC N/A 0.85 10.91 400.69
Toledo El. -0.08 9.97 366.36-0.27 9.79 359.67
Bank of Canada Noon exchange rate was 1.0497 down 0.0142
Chicago wheat closed moderately higher to higher.
DEC10 HI 7.12 JUL11 HI 7.17
LOW 6.85 3/4 LOW 6.98 1/4
CLOSE 7.08 3/4 Up 23 CLOSE 7.15 3/4 Up 19
Minni wheat closed higher.
DEC10 HI 7.29 SEP11 HI 7.17 3/4
LOW 7.03 LOW 7.00
CLOSE 7.26 Up 22 1/2 CLOSE 7.17 3/4 Up 24 1/4
GFO Cash Wheat Prices - DEL Terminal
Current Crop 10 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis -1.10 -1.00 -1.89 -0.93
CAD $/bu 5.99 6.09 5.20 6.33
CAD $/tonne 219.98 223.85 190.97 232.45
Direct MarkHarvest 2010 Harvest 2011
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 -1.15 -2.00 N/A N/A -0.90 -2.00 N/A
London -1.06 -1.32 -2.00 N/A -1.42 -1.21 -2.05 N/A
Hensall -1.30 N/A -2.00 N/A -1.25 N/A -2.00 N/A
Trenton N/A N/A -1.81 N/A N/A N/A -1.90 N/A
Winchester N/A N/A N/A -0.78 N/A N/A N/A N/A
Essex N/A N/A N/A N/A N/A N/A -2.12 N/A
Norwich -1.30 N/A -2.00 N/A -1.25 N/A -2.00 N/A
Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A
Kent Bridge -1.30 N/A -2.00 N/A -1.25 N/A -2.00 N/A
Chatham N/A -1.26 -2.03 N/A N/A -1.09 -2.00 N/A
Brigden N/A -1.26 -2.03 N/A N/A -1.09 -2.00 N/A
Palmerston N/A -1.40 -2.20 -0.68 N/A -0.97 -1.97 -0.79
Mitchell -1.30 -1.20 -2.00 N/A -1.25 -1.20 -2.00 N/A
Thornton N/A N/A N/A -0.90 N/A N/A N/A N/A
North Gower N/A N/A N/A N/A N/A N/A N/A N/A
TERMINAL
Sarnia N/A N/A N/A N/A -1.09 -0.82 -1.61 N/A
Hamilton N/A N/A -1.50 N/A N/A N/A -1.35 N/A
Pt. Stanley N/A N/A -1.95 N/A N/A N/A -1.80 N/A
PROCESSORS
Toledo FM N/A N/A -0.68 N/A 1.00 N/A -0.60 N/A
Toledo El. 5.90US 6.21CA 6.03US 6.42CA
GFO Contract Wheat Prices - DEL Terminal
Harvest 11 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis -1.02 -0.81 -1.61 -1.13
CAD $/bu 6.13 6.35 5.55 6.05
CAD $/tonne 225.39 233.22 203.86 222.26
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
Bayport Wheat 240.00 - 245.00
Bayport Oats 265.00
Bayport Barley 215.00
FOB Hm Soymeal 382.40 - 384.60
DDG's FOB Sarnia 135.00