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| Adjusted Historical Average Ontario Basis Levels* |
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3 Year Average Basis |
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5 Year Average Basis |
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10 Year Average Basis |
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15 Year Average Basis |
| Entire Delivery Period |
Basis |
SDV |
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Basis |
SDV |
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Basis |
SDV |
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Basis |
SDV |
| January 16 - February 14 |
($7.74) |
6.53 |
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($8.15) |
5.30 |
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($7.05) |
6.01 |
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($7.32) |
7.36 |
| February 15 - March 15 |
($9.09) |
5.15 |
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($8.25) |
4.99 |
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($9.11) |
6.73 |
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($8.40) |
7.83 |
| March 16 - April 14 |
($9.66) |
4.38 |
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($8.65) |
4.46 |
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($5.59) |
6.28 |
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($6.65) |
6.18 |
| April 15 - May 15** |
($15.19) |
10.18 |
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($15.11) |
8.93 |
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($14.28) |
9.07 |
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($16.12) |
10.18 |
| May 16 - June 14 |
($3.78) |
4.92 |
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($3.82) |
4.70 |
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($2.43) |
7.52 |
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($2.82) |
6.92 |
| June 15 - July 15 |
($4.08) |
4.73 |
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($3.04) |
5.34 |
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($1.25) |
5.74 |
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($1.26) |
5.57 |
| July 16 - August 14 |
($5.09) |
5.84 |
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($4.09) |
5.12 |
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$0.33 |
7.01 |
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($0.52) |
7.06 |
| August 15 - September 15 |
$4.57 |
9.14 |
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$8.26 |
9.67 |
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$11.81 |
13.49 |
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$11.10 |
12.33 |
| September 16 - October 14 |
($1.99) |
3.11 |
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($1.87) |
3.46 |
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$0.40 |
5.86 |
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$0.28 |
6.19 |
| October 15 - November 15 |
($4.14) |
6.96 |
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($3.97) |
6.55 |
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($3.07) |
9.63 |
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($4.06) |
9.72 |
| November 16 - December 14 |
($11.81) |
5.04 |
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($10.04) |
4.79 |
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($9.82) |
5.77 |
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($10.12) |
6.32 |
| December 15 - January 15 |
($15.31) |
8.04 |
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($14.23) |
6.86 |
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($17.05) |
7.85 |
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($18.69) |
10.64 |
| Annual Average |
($6.94) |
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($6.08) |
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($4.76) |
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($5.38) |
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3 Year Average Basis |
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5 Year Average Basis |
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10 Year Average Basis |
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15 Year Average Basis |
| First Week of Delivery Period |
Basis |
SDV |
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Basis |
SDV |
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Basis |
SDV |
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Basis |
SDV |
| January 16 - February 14 |
($12.25) |
5.31 |
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($11.89) |
4.17 |
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($12.89) |
3.81 |
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($12.46) |
6.61 |
| February 15 - March 15 |
($11.31) |
5.01 |
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($11.11) |
4.43 |
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($10.77) |
7.42 |
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($9.10) |
8.52 |
| March 16 - April 14 |
($7.96) |
5.72 |
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($7.12) |
5.39 |
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($6.06) |
4.48 |
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($6.84) |
5.80 |
| April 15 - May 15** |
($27.63) |
7.42 |
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($25.04) |
6.81 |
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($22.57) |
6.82 |
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($23.10) |
8.73 |
| May 16 - June 14 |
($3.39) |
7.13 |
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($2.93) |
6.01 |
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($2.14) |
9.76 |
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($1.98) |
8.73 |
| June 15 - July 15 |
($8.20) |
2.12 |
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($6.18) |
4.38 |
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($4.20) |
5.33 |
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($4.03) |
4.51 |
| July 16 - August 14 |
($8.83) |
3.88 |
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($4.63) |
5.56 |
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$2.07 |
8.41 |
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$1.80 |
7.82 |
| August 15 - September 15 |
$10.81 |
7.06 |
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$14.70 |
9.10 |
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$21.25 |
10.95 |
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$20.76 |
9.43 |
| September 16 - October 14 |
($2.66) |
3.73 |
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($0.84) |
4.36 |
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($0.71) |
6.21 |
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$0.66 |
7.72 |
| October 15 - November 15 |
$0.12 |
10.15 |
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$1.59 |
8.34 |
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$3.78 |
10.89 |
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$1.41 |
10.24 |
| November 16 - December 14 |
($12.03) |
4.89 |
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($10.00) |
4.65 |
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($10.57) |
6.15 |
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($10.57) |
6.52 |
| December 15 - January 15 |
($13.74) |
6.39 |
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($13.10) |
5.16 |
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($15.12) |
7.36 |
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($16.98) |
8.96 |
| Annual Average |
($8.09) |
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($6.38) |
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($4.83) |
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($5.03) |
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3 Year Average Basis |
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5 Year Average Basis |
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10 Year Average Basis |
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15 Year Average Basis |
| Last Week of Delivery Period |
Basis |
SDV |
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Basis |
SDV |
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Basis |
SDV |
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Basis |
SDV |
| January 16 - February 14 |
($7.03) |
2.30 |
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($7.26) |
2.23 |
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($3.84) |
5.11 |
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($4.04) |
5.93 |
| February 15 - March 15 |
($7.74) |
5.28 |
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($6.25) |
5.65 |
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($6.12) |
5.12 |
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($6.42) |
6.78 |
| March 16 - April 14 |
($7.82) |
3.31 |
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($7.04) |
3.15 |
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($3.18) |
7.66 |
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($4.97) |
7.45 |
| April 15 - May 15** |
($8.86) |
2.80 |
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($7.63) |
2.72 |
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($7.26) |
4.43 |
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($9.03) |
5.94 |
| May 16 - June 14 |
($3.76) |
2.76 |
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($5.43) |
4.02 |
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($6.50) |
3.90 |
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($6.00) |
4.22 |
| June 15 - July 15 |
($4.97) |
3.72 |
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($4.78) |
3.40 |
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($2.98) |
3.80 |
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($1.85) |
4.91 |
| July 16 - August 14 |
($4.42) |
6.40 |
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($3.90) |
5.30 |
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($0.29) |
6.59 |
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($2.38) |
6.82 |
| August 15 - September 15 |
($0.58) |
5.52 |
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$2.16 |
5.96 |
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$0.84 |
9.71 |
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$1.60 |
9.23 |
| September 16 - October 14 |
($3.94) |
3.24 |
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($4.36) |
2.67 |
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($1.70) |
5.12 |
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($1.96) |
5.38 |
| October 15 - November 15 |
($9.82) |
4.96 |
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($9.09) |
4.38 |
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($9.38) |
7.09 |
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($10.45) |
8.53 |
| November 16 - December 14 |
($7.34) |
2.08 |
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($6.94) |
2.13 |
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($6.56) |
4.75 |
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($7.76) |
5.33 |
| December 15 - January 15 |
($14.32) |
8.28 |
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($13.32) |
6.95 |
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($15.31) |
6.64 |
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($16.45) |
9.38 |
| Annual Average |
($6.72) |
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($6.15) |
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($5.19) |
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($5.81) |
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Notes: The average basis quotes on this page are historical rolling averages for hogs sold on the Pool & Pool Plus programs only.
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* Adjusted to reflect new CME cash index and New Ontario Pork futures formula calculations
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**Basis Estimates for April-May are likely overstated since basis caluclations have used June Lean hog futures in the past, but is now based on the new May CME lean hog futures.
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SDV Represents Standard Deviation (Variability) measured over each day in the time period.
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| Last Updated: May 20, 2009 |
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Most Recently Updated Delivery Period: May 16-June 14, 2010
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Prepared by: |
| Forward Booking Line: 1(800) 862-9001 Forward Pricing Desk open 11:00 AM to 1:00 PM |
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Ontario Pork | |
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