Market Report – March 9/17

Market Report – March 9/17
Combines are running when the sun shines!

The WASDE report will be released later today and is expected to increase production numbers in South America for both corn and soybeans. There is also a small chance that the United States ending inventory numbers will be decreased for this year.

 

The barrel is at $50.28 this week.  The Canadian Dollar is trading at 73.9. 

 

North Gower Grains bid for corn delivered for March is bid at $191/te. 2017 harvest corn are at $193/te delivered to North Gower.

 

Palmerston Grain is bidding for crop Hard Red Spring Wheat 2017 crop delivered at harvest is at $224/te.

 

Soybeans delivered to North Gower Grains are bid in at $472/tonne for March.   2017 harvest soybeans are at $476/te delivered to North Gower.

 

Current bid for canola delivered to Hamilton for March bid is $559/te. For harvest 2017 Canola delivered to Hamilton bid is $526/te

 

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