Ontario Farm Market Summary for Friday, August 9

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Prepared by Farm Market News, University of Guelph, Ridgetown Campus.

From Ontario Pork:

Quebec’s average price on Thursday was $205.61 per ckg D.W. 100 index.

The previous markets day’s CME Constructed (201) price was $82.56 U.S. per cwt. D.W.

Compared to the previous day this was down $0.58

Today we expect the CME Constructed (201) price to decrease $1.52

At the Chicago Board of Trade, corn futures are slightly lower:

SEP19 down 1 1/2 at $4.09  1/2

DEC19 down 1 1/4 at $4.17

Soybean futures are slightly higher:

NOV19 up  3/4 at $8.83  3/4

NOV19 up  3/4 at $8.83  3/4

Chatham-Kent cash corn:         $5.95 – $6.10/bu, $234.04 – $239.95/mt.

Chatham-Kent cash soybeans:        $10.99 – $10.99/bu, $403.72 – $403.72/mt.

Grain Farmers Terminal Wheat Bids: Soft White $7.06/bu, $259.41/mt. Hard Red $7.32/bu, $268.97/mt, Soft Red $6.99/bu, $256.84/mt, Red Spring $6.49/bu, $238.47/mt.

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