File photo

Apr 22, 2019

Old Canadian Flour Mill to Store Grain

Corn, soybeans and wheat to begin shipping into old Robin Hood flour mill

Late last year, Ceres Global Ag Corp., which owns the iconic grain elevator along the canal in Port Colborne, Ontario, signed an agreement with London Agricultural Commodities (LAC) for storage and handling at the site.

According to a report atNiagara This Week, the agreement kicks in this summer, and with the canal open for the season, shipments will soon begin floating into the massive silos.

According to the agreement, LAC will use a majority of the grain silos to store corn, soybeans and wheat, while Ceres will continue to use a small portion of the 2.3-million-bushel capacity silos to store its own oats.

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Marketwatch: Feb, 24

US Corn Price Idx:ZCPAUS.CM

open: 6.7528
high: 6.7656
low: 6.5872
close: 6.612

US Soybean Price Idx:ZSPAUS.CM

open: 14.92
high: 14.9886
low: 14.8575
close: 14.8674

US Hard Red Winter Wheat Price Idx:KEPAUS.CM

open: 8.3597
high: 8.4073
low: 8.2004
close: 8.2302

US Soft Red Winter Wheat Price Idx:ZWPAUS.CM

open: 6.8061
high: 6.8561
low: 6.7552
close: 6.8248