Ontario Farm Market Summary for Tuesday, March 24

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

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

From Ontario Pork:

Quebec’s average price on Monday was $191.15 per ckg D.W. 100 index.

The previous markets day’s CME Constructed (201) price was $63.57 U.S. per cwt. D.W. Compared to the previous day this was up $1.00

Today we expect the CME Constructed (201) price to increase $0.39

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

MAY20 down 2 1/2 at $3.41

DEC20 down 3 1/4 at $3.61

Soybean futures are narrowly mixed:

MAY20 down 3 1/4 at $8.80 3/4

NOV20 down 1/2 at $8.72

Chatham-Kent cash corn:

$4.86 – $4.86/bu, $191.33 – $191.33/mt.

Chatham-Kent cash soybeans:

$11.91 – $12.12/bu, $437.53 – $445.25/mt.

Grain Farmers Terminal Wheat Bids:

Soft White $8.36/bu, $307.18/mt.

Hard Red $8.57/bu, $314.90/mt.

Soft Red $8.36/bu, $307.18/mt.

Red Spring $7.19/bu, $264.19/mt.

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