Grains losing the fight to break the latest downtrend. The recent bounce has powered out so far but some signs in the Corn and Bean pits of a bottoming process with Corn especially poised for a lift – will be some anxious weeks ahead. Targets out tomorrow.
FOB Assiniboia, SK (Except for Lentil/Chickpea FOB Farm)
#1Canola: Dec $13.19(8) Jan $13.19(8)
#2Y.Pea: Dec $8.49 Jan $8.50
#1Flax: Dec $14.25 Jan $14.37
#2GrLentil: Dec 18.0c
K.Chickpea: Dec 34.0c
#EthWheat: Dec $7.24 Jan $7.38
#2AD13.0: Dec $8.03 Jan $8.25
#2HRS13.5: Dec $7.91 Jan $8.01
– Better pricing may exist in deferred delivery months. See “Deferred Real Values” post coming in a few hours. Marketing Plan Updates/Targets (tonight/tomorrow) will always utilize Real Value prices, reflecting Cost of Carry.
*special “limited tonne” price