May 14 – Closing Agricultural Markets

On the Chicago Board of Trade:

Corn Futures:
May down 3 and a half at 4.99 and a half
July down 7 and a quarter at 4.95 and a half

Soybean Futures:
May down 4 and a half at 14.97 and a half
July up 2 at 14.85 and a half

Wheat Futures:
May down 18 at 6.82
July down 19 and a quarter at 6.90

From Thompson’s at Kent Bridge:

Old Crop Corn = 30 under July = 4.66/bu
New Crop Corn = 30 under December = 4.59/bu

Old Crop Soybeans = 1.25 over July = 16.12/bu
New Crop Soybeans = 35 over November = 12.58/bu

Old Crop Soft White Winter Wheat = 25 over July = 7.15/bu
New Crop Soft White Winter Wheat = 25 over July = 7.15/bu

Old Crop Soft Red Winter Wheat = 20 under July = 6.70/bu
New Crop Soft Red Winter Wheat = 30 under July = 6.60/bu

From Dauphin Feed and Supply – the 48% soybean meal quote, FOB Seaforth = $655/tonne

Parrish and Heimbecker is looking for new crop crusher soybeans to export. They’re paying $13.10 for soybeans delivered into their Goderich terminal at harvest.

From Snobelin Farms:

2013 Crop Corn = down 7 at 4.66/bu
2014 Crop Corn = down 6 at 4.59/bu

2013 Crop Soys = up 3 at 16.17/bu
2014 Crop Soys = up 3 at 12.58/bu

2013 Crop Soft Red Winter Wheat = down 19 at 6.70/bu
2014 Crop Soft Red Winter Wheat = down 19 at 6.60/bu

2013 Crop Soft White Winter Wheat = down 19 at 7.15/bu
2014 Crop Soft White Winter Wheat = down 19 at 7.15/bu

(B-F-O Report)

Ontario Pork Reports:

The U-S CME price = $112.90 U-S per hundredweight, dressed weight.
That’s down 77 cents

100% formula price = $222.89 per hundred kilograms, dressed weight.
That’s down $1.43

Quebec’s average price on May 13th was $229.55 per hundred kilograms, dressed weight, 100 index.