Ontario Farm Market Summary for Friday, July 5

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

(Postmedia Network)

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

From Ontario Pork:

Quebec’s average price on Thursday was $178.57 per ckg D.W. 100 index.

The previous markets day’s CME Constructed (201) price was $73.07 U.S. per cwt. D.W.

Compared to the previous day this was unchanged

Today we expect the CME Constructed (201) price to decrease $0.32

Average weekly price/ckg DW total value $212.52

Total volume of Ont. hogs sold was 101,679

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

SEP19 down 1/2 at $4.36

DEC19 down 1 1/4 at $4.40

Soybean futures are slightly lower:

AUG19 down 9 1/4 at $8.80

NOV19 down 9 3/4 at $8.99

Chatham-Kent cash corn:

$5.76 – $5.81/bu, $226.86 – $228.83/mt.

Chatham-Kent cash soybeans:

$10.86 – $10.91/bu, $398.86 -$400.69/mt.

Grain Farmers Terminal Wheat Bids:

Soft White $6.98/bu. $256.47/mt

Hard Red $7.24/bu. $266.03/mt

Soft Red $6.85/bu. $251.70/mt

Red Spring $6.45/bu. $237.00/mt

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