Market Report – May 25/17
China continues to import soybeans, in April they had imported 8.0 million tonnes which is up 8% from last year. Corn prices are remining flat. Reminder that the US markets will be closed on Monday for Memorial Day.
The barrel is at $51.30 this week. The Canadian Dollar is trading at 74.50.
North Gower Grains bid for corn delivered for April is bid at $192/te. 2017 harvest corn are at $199/te delivered to North Gower.
Palmerston Grain is bidding for crop Hard Red Winter Wheat 2017 crop delivered at harvest is at $192/te. Hard Red Spring Wheat 2017 crop delivered at harvest is $223/te.
Soybeans delivered to North Gower Grains are bid in at $442/tonne for April. 2017 harvest soybeans are at $445/te delivered to North Gower.
Current bid for canola delivered to Hamilton for May $553/te. For harvest 2017 Canola delivered to Hamilton bid is $518/te
Plant 17 has arrived! Please remember to keep a safe distance between farm machinery and yourself on busy roads.