June 2 – Closing Agricultural Markets

On the Chicago Board of Trade:

Corn Futures:
July down a half at 4.65
September up 1 at 4.59

Soybean Futures:
July up 5 and a half at 14.98 and a half
August down a quarter at 14.24 and a quarter

Wheat Futures:
July down 7 and a quarter at 6.20
September down 9 at 6.30 and a half

From Thompson’s in Blenheim;

Old Crop Corn = 30 under July = 4.36/bu
New Crop Corn = 30 under December = 4.29/bu

Old Crop Soys = 1.35 over July = 16.36
New Crop Soys = 45 over November = 12.75/bu

Old Crop Soft White Winter Wheat = 25 over July = 6.46/bu
New Crop Soft White Winter Wheat = 25 over July = 6.46/bu

Old Crop Soft Red Winter Wheat = 30 under July = 5.91/bu
New Crop Soft Red Winter Wheat = 35 under July = 5.86/bu

From Dauphin Feed and Supply – the 48% soybean meal quote, FOB Seaforth = $685/tonne

Parrish and Heimbecker is looking to load boats of new crop crusher beans out of their Goderich terminal. As of Monday’s close they are paying 13.17 for crush beans, delivered to Goderich at harvest.

From Snobelin Farms:

2013 Crop Corn = 4.36/bu
2014 Crop Corn = up 1 at 4.29/bu

2013 Crop Soys = up 7 at 16.36/bu
2014 Crop Soys = down 4 at 12.70/bu

2013 Crop Soft Red Winter Wheat = down 6 at 5.91/bu
2014 Crop Soft Red Winter Wheat = down 6 at 5.86/bu

2013 Crop Soft White Winter Wheat = down 6 at 6.46/bu
2014 Crop Soft White Winter Wheat = down 6 at 6.46/bu

(B-F-O Report)

Ontario Pork Reports:

The U-S CME price = $110.56 U-S per hundredweight, dressed weight.
That’s down 22 cents

100% formula price = $217.74 per hundred kilograms, dressed weight.
That’s up 15 cents

Quebec’s average price on May 30th was $221.99 per hundred kilograms, dressed weight, 100 index.