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FARM MARKET NEWS - CORN REPORT FOR Wed, May 8

8 May 2024
FARM MARKET NEWS - CORN REPORT FOR Wed, May 8 Exchange rate was 1.3718 down 0.0008 Chicago corn closed moderately lower. JUL24 HI 4.67 DEC24 HI 4.88 1/2 LOW 4.57 1/2 LOW 4.80 1/4 CLOSE4.58 1/2 Down 8 1/2 CLOSE 4.81 1/4 Down 7 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL24+SEP24+SEP24 CK Low 0.65 5.24 206.09 1.10 5.91 232.76 CK High 0.70 5.29 208.06 1.10 5.91 232.76 CK Avg 0.69 -0.74 5.28 207.78 1.10 -0.50 5.91 232.76 Essex Cty 0.70 5.29 208.06 1.10 5.91 232.76 Mdsx Low 0.65 5.24 206.09 1.10 5.91 232.76 Mdsx High 0.70 5.29 208.06 1.10 5.91 232.76 Mdsx Avg 0.69 -0.74 5.27 207.57 1.10 -0.50 5.91 232.76 Hensall 0.68 5.27 207.41 1.08 5.90 232.11 Bruce 0.70 5.29 208.06 1.10 5.91 232.76 Putnam 0.70 5.29 208.06 1.10 5.91 232.76 Guelph 0.65 5.24 206.09 1.00 5.81 228.83 Burford 0.65 5.24 206.09 1.10 5.91 232.76 Port Perry 0.40 4.99 196.25 0.85 5.66 222.92 Norfolk 0.70 5.29 208.06 1.10 5.91 232.76 Palmerston 0.65 5.24 206.09 1.05 5.86 230.80 Varna 0.65 5.24 206.09 1.05 5.86 230.80 Belmore 0.65 5.24 206.09 1.05 5.86 230.80 Trenton 0.50 5.09 200.19 0.90 5.71 224.89 Winchester N/A 1.19 6.00 236.31 North Gower 0.65 5.24 206.09 1.05 5.86 230.80 Vankleek Hil 0.93 5.52 217.12 1.08 5.89 231.98 Huron FOB 0.82 0.93 0.99 1.04 5.41 212.79N/A Kent FOB 0.99 5.58 219.48 1.25 6.06 238.67 Lamb FOB 0.97 5.56 218.69N/A Mdsx FOB 1.05 1.05 1.05 1.10 5.64 221.84 1.20 6.01 236.70 FOB SW Que 1.38 5.97 234.83N/A Track 1.43 6.02 236.88N/A PROCESSORS Chat-Eth N/A N/A N/A 1.40 1.47 6.28 247.33 Jhnstwn-Eth N/A N/A N/A N/A 1.47 6.28 247.33 Aylmer-Eth N/A N/A N/A N/A N/A Sarn-Eth N/A N/A N/A N/A N/A London-Ing N/A N/A N/A N/A 1.55 6.36 250.48 Cardnl-Ing N/A N/A N/A N/A 1.55 6.36 250.48 W O Feed 1.45 6.03 237.49 max 3.0 ppm US Rep 1.68 6.27 246.64 Toledo El. -0.44 4.15 163.22 -0.55 4.26 167.86 TRANSFER Pt. Colb N/A N/A Prescott N/A 1.52 6.33 249.30 HI SD CRN 1.10 5.91 1/4 *Wet Bid