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Markets

Ontario Farm Market Summary for Tuesday, December 29

Prepared by Farm Market News, University of Guelph, Ridgetown Campus. From Ontario Pork: Quebec’s average price on Monday was $147.97 per ckg D.W. 100 index. The previous markets day’s CME Constructed (201) price was $60.16 U.S. per cwt. D.W. Compared to the previous day this was down $1.15 Today we expect the CME Constructed (201) price to decrease $0.13 At the Chicago Board of Trade, corn futures are slightly to moderately higher: MAR21 up 7 1/4 at $4.63  3/4 DEC21 up 2 1/2 at $4.29  1/4 Soybean futures are slightly to moderately higher: JAN21 up 17 3/4 at $12.73 NOV21 up 6 1/4 at $10.91 Wheat futures are slightly higher: MAR21 up 5 3/4 at $6.20 JUL21 up 5 1/2 at $6.12 1/2 Chatham-Kent cash corn: $5.99 – $5.99/bu, $235.72 – $235.72/mt. Chatham-Kent cash soybeans: $15.86 – $15.98/bu, $582.76 – $587.17/mt. Chatham-Kent Soft Red Winter Wheat: $7.39 – $7.50/bu, $271.54 – $275.58/mt.

December 29, 2020 Markets

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