May 8 – Closing Agricultural Markets

On the Chicago Board of Trade:

Corn Futures:
May up 3 and a half at 5.14
July up 2 and a half at 5.16 and a half

Soybean Futures:
May up 23 and a quarter at 14.74 and a quarter
July up 22 and a half at 14.69

Wheat Futures:
May down 2 and a half at 7.27 and a quarter
July down 3 and a quarter at 7.34 and a half

From Wanstead Farmers Co-operative:

May Soybeans = 1.30 over July = 16.00/bu
October Soybeans = 45 over November = 12.69/bu

May Corn = 20 under July = 4.97/bu
November Corn = 30 under December = 4.82/bu

2013 Crop Soft White Winter Wheat = 25 over July = 7.60/bu
2014 Crop Soft White Winter Wheat = 25 over July = 7.60/bu

2013 Crop Soft Red Winter Wheat = 15 under July = 7.20/bu
2014 Crop Soft Red Winter Wheat = 30 under July = 7.05/bu

From Dauphin Feed and Supply – the 48% soybean meal quote, FOB Seaforth = $650/tonne

From Hensall District Co-Op:

2013 Crop Corn = up 2 at 4.92/bu
2014 Crop Corn = up 2 at 4.84/bu

2013 Crop Soys = up 23 at 15.90/bu
2014 Crop Soys = up 6 at 12.64/bu

2013 Crop Soft Red Winter Wheat = down 2 at 7.20/bu
2014 Crop Soft Red Winter Wheat = down 2 at 7.10/bu

2013 Crop Soft White Winter Wheat = down 2 at 7.60/bu
2014 Crop Soft White Winter Wheat = down 2 at 7.60/bu

(B-F-O Report)

Ontario Pork Reports:

The U-S CME price = $114.27 U-S per hundredweight, dressed weight.
That’s down 46 cents

100% formula price = $225.69 per hundred kilograms, dressed weight.
That’s up $1.04

Quebec’s average price on May 7th was $230.47 per hundred kilograms, dressed weight, 100 index.