Ontario Farm Market Summary for Friday, March 13

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Prepared by Farm Market News, University of Guelph, Ridgetown Campus.
From Ontario Pork:
 Quebec’s average price on Thursday was $156.26 per ckg D.W. 100  index. The previous markets day’s CME Constructed (201) price was $58.63 U.S.  per cwt. D.W.  Compared to the previous day this was up $0.62
 Today we expect the CME Constructed (201) price to increase $0.91
Average weekly price /ckg DW total value $167.92
Total volume of Ont. hogs sold was 104,547
At the Chicago Board of Trade, corn futures are slightly higher:
MAY20 up 1 1/2 at $3.67  1/4
DEC20 up 2 1/4 at $3.74
Soybean futures are slightly lower:
MAY20 down 7 3/4 at $8.51  3/4
NOV20 down 5 1/2 at $8.67  1/2
Chatham-Kent cash corn: $5.17 – $5.22/bu, $203.63 – $205.60/mt.
 Chatham-Kent cash soybeans: $11.32 – $11.37/bu, $415.85 – $417.69/mt.
 Grain Farmers Terminal Wheat Bids: Soft White $7.31/bu, $268.6/mt.
  Hard Red $7.52/bu, $276.31/mt, Soft Red $7.31/bu, $268.60/mt, Red
 Spring $6.70/bu, $246.18/mt.

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