Hoffman Ag Services Wednesday, August 5, 2020  
 
 
 
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FARM MARKET NEWS - CORN REPORT FOR Tue, August 4
Exchange rate was 1.3354 down 0.0031
Chicago corn closed moderately lower to lower.

      SEP20   HI 3.16  3/4                    DEC20    HI 3.27  3/4
             LOW 3.08  1/4                            LOW 3.20
            CLOSE3.08  1/4  Down 9 1/4              CLOSE 3.20  1/4  Down 8 1/4

            OLD CROP BASIS                          NEW CROP BASIS
Location    Spot   1mt   2mt   3mt U.S. $/bu   $/mt Cntrct U.S.   $/bu   $/mt
ELEVATORS        +DEC20+DEC20+DEC20
CK Low       1.55                        4.63 182.37  0.95         4.15 163.48
CK High      1.65                        4.73 186.31  1.00         4.20 165.45
CK Avg       1.60                   0.42 4.68 184.34  0.96 -0.09   4.16 163.80
Essex Cty    1.65                        4.73 186.31  0.95         4.15 163.48
Mdsx Low     1.60                        4.68 184.34  0.95         4.15 163.48
Mdsx High    1.65                        4.73 186.31  1.00         4.20 165.45
Mdsx Avg     1.63                   0.44 4.71 185.33  0.98 -0.07   4.18 164.46
Hensall      1.65                        4.73 186.31  1.02         4.22 166.10
Bruce        1.65                        4.73 186.31  0.95         4.15 163.48
Putnam       1.60                        4.68 184.34  0.95         4.15 163.48
Burford      1.65                        4.73 186.31  0.95         4.15 163.48
Port Perry   1.65                        4.73 186.31  1.25         4.45 175.29
Norfolk      1.65                        4.73 186.31  0.95         4.15 163.48
Palmerston   1.43                        4.51 177.65  0.94         4.14 163.08
Varna        1.55                        4.63 182.37  1.00         4.20 165.45
Trenton      1.55                        4.63 182.37  1.25         4.45 175.29
Winchester   1.55                        4.63 182.37  1.40         4.60 181.19
North Gower  1.50                        4.58 180.41  1.45         4.65 183.16
Vankleek HilN/A                                       1.17         4.37 172.14
Huron FOB    1.87                        4.95 194.97  1.08         4.28 168.59
Kent FOB     1.85                        4.93 194.18  1.05         4.25 167.41
Lamb FOB     1.83                        4.91 193.40  1.05         4.25 167.41
Mdsx FOB     1.80  1.80N/A   N/A         4.88 192.22  1.10         4.30 169.38
FOB SW Que   2.18                        5.26 207.18N/A
Track        2.19                        5.27 207.37N/A
PROCESSORS
Chat-Eth    N/A  N/A     1.83N/A                    N/A
Jhnstwn-Eth N/A  N/A   N/A   N/A                      N/A
Aylmer-Eth   2.00  2.00  1.80N/A         5.08 200.09  1.25         4.45 175.29
Sarn-Eth    N/A    2.00N/A   N/A                      1.15         4.35 171.35
London-Ing  N/A    2.05  2.10N/A                      1.35         4.55 179.22
Pt.Colb-Ing N/A  N/A   N/A   N/A                    N/A
Cardnl-Ing  N/A  N/A     2.10N/A                      1.55         4.75 187.10
W O Feed     2.10                        5.19 204.12

US Rep       1.83                        4.91 193.40
Toledo El.  -0.07                        3.02 118.72 -0.27         2.94 115.56

TRANSFER
Pt. Colb     2.00                        5.08 200.09  1.35         4.55 179.22
Prescott     1.78                        4.86 191.43  1.40         4.60 181.19


HI SD CRN                                             1.00         4.20 1/4
*Wet Bid

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