Ontario Farm Market Summary for Wednesday, October 9

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Prepared by Farm Market News, University of Guelph, Ridgetown Campus
At the Ontario Stockyards, 406 fed cattle were on offer. Cows and bulls sold barely steady. Calves sold steady to Monday’s market.
Cows:   $53.00 – $80.00
Bulls:   $97.30 – $105.35
From Ontario Pork: Quebec’s average price on Tuesday was $167.15 per ckg D.W. 100 index.
The previous markets day’s CME Constructed (201) price was $60.01 U.S. per cwt. D.W.
Compared to the previous day this was up $0.68.
Today we expect the CME Constructed (201) price to increase $0.67.
At the Chicago Board of Trade, corn futures are slightly lower to steady:
DEC 19 down ¼ at $3.95  ½
DEC 20 down ½ at $4.08  ½
Soybean futures are slightly higher:
NOV 19 up 3 ¼ at $9.23  ¾
NOV 20 up 1 ¾ at $9.69 ¼
Chatham-Kent cash corn: $5.16 – $5.21/bu., $202.94 – $204.91/mt.
Chatham-Kent cash soybeans: $11.53 – $11.54/bu., $423.57 – $423.93/mt.
Grain Farmers Terminal Wheat Bids:
Soft White $7.14/bu, $262.35/mt.
Hard Red $7.34/bu, $269.70/mt.
Soft Red $7.01/bu, $257.58/mt.
Red Spring $6.86/bu, $252.06/mt.

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