FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, June 24
Exchange rate was 1.2907 down 0.0095
Chicago soybeans closed mixed.
AUG22 HI 15.29 1/2 NOV22 HI 14.33
LOW 14.94 3/4 LOW 13.99 1/4
CLOSE15.20 3/4 Up 13 1/2 CLOSE 14.24 1/4 Up 8 3/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +AUG22+AUG22+NOV22
CK Low 4.80 20.01 735.15 3.70 17.94 659.27
CK High 5.30 20.51 753.52 3.75 17.99 661.11
CK Average 5.22 0.62 20.43 750.74 3.74 -0.31 17.99 660.85
Essex Cty 5.30 20.51 753.52 3.70 17.94 659.27
Mdsx Low 5.00 20.21 742.50 3.50 17.74 651.93
Mdsx High 5.30 20.51 753.52 3.77 18.01 661.85
Mdsx Average5.20 0.60 20.40 749.72 3.67 -0.36 17.92 658.29
Hensall 5.30 20.51 753.52 3.80 18.04 662.95
Bruce 5.30 20.51 753.52 3.75 17.99 661.11
Putnam 5.30 20.51 753.52 3.80 18.04 662.95
Burford 5.35 20.56 755.36 3.83 18.07 664.05
Port Perry 5.26 20.47 752.05 3.74 17.98 660.74
Norfolk 5.30 20.51 753.52 3.80 18.04 662.95
Palmerston 5.36 20.57 755.73 3.78 18.02 662.21
Varna 5.30 20.51 753.52 3.80 18.04 662.95
Trenton N/A 3.80 18.04 662.95
Winchester 4.80 20.01 735.15 3.76 18.00 661.48
North Gower 5.00 20.21 742.50 3.90 18.14 666.62
Vankleek Hil3.48 18.69 686.65 3.51 17.75 652.29
Huron FOB 5.25 5.62 5.38 3.76 20.46 751.68 3.76 18.00 661.48
Kent FOB 5.35 20.56 755.36 3.75 17.99 661.11
Lambton FOB 5.12 20.33 746.91 N/A
Mdsx FOB 5.26 5.58 5.58 N/A 20.47 752.05 4.00 18.24 670.30
PROCESSORS
Windsor 5.75 20.96 770.06 3.98 18.22 669.56
TRANSFER
Hamilton 5.80 21.01 771.89 4.45 18.69 686.83
Prescott N/A 4.08 18.32 673.24
Port Colborn N/A 4.40 18.64 684.99
Toledo El. 1.10 16.30 599.09 -0.45 13.79 506.72
Exchange rate was 1.2907 down 0.0095
Chicago wheat closed moderately lower.
JUL22 HI 9.62 1/2 SEP22 HI 9.73
LOW 9.21 3/4 LOW 9.34 1/4
CLOSE 9.23 3/4 Down 13 1/2 CLOSE 9.36 1/2 Down 12 3/4
Minni wheat closed slightly lower.
JUL22 HI 10.92 1/4 SEP22 HI 10.91 1/2
LOW 10.67 3/4 LOW 10.67 1/2
CLOSE 10.70 3/4 Down 9 3/4 CLOSE 10.70 1/2 Down 9 1/4
Direct MarkHarvest 2021 Harvest 2022
DELIVERED BASIS DELIVERED BASIS
Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)
ELEVATORS
Brgssvll N/A N/A N/A N/A N/A N/A 2.05 N/A
London 1.84 2.56 1.78 N/A 2.91 2.27 1.81 N/A
Hensall 1.95 N/A 1.95 N/A 3.10 N/A 2.05 N/A
Trenton N/A N/A N/A N/A N/A N/A 2.05 N/A
Bruce 1.95 2.40 1.95 N/A 3.00 2.40 2.05 1.50
Essex N/A N/A 1.80 N/A N/A N/A 1.95 N/A
Norwich 1.95 N/A 1.95 N/A 3.10 N/A 2.05 N/A
Port Hope N/A N/A N/A N/A N/A N/A 2.05 N/A
Kent Bridge 1.95 N/A 1.95 N/A 3.10 N/A 2.05 N/A
Chatham N/A N/A 1.80 N/A N/A N/A 1.95 N/A
Brigden N/A N/A 1.80 N/A N/A N/A 1.95 N/A
Palmerston N/A 2.45 1.86 2.36 N/A 2.49 1.90 N/A
Varna 2.15 2.65 1.90 N/A 3.05 2.55 2.00 N/A
Mitchell 1.95 2.60 1.95 N/A 3.10 2.40 2.05 N/A
Thornton 1.84 2.56 1.78 N/A 2.91 2.27 1.81 2.18
North Gower N/A N/A N/A N/A N/A N/A 2.10 N/A
W O Feed 2.31
TERMINAL
Port Colbor N/A N/A 2.30 N/A N/A N/A 2.27 N/A
PROCESSORS
Toledo FM N/A N/A 2.85 N/A N/A N/A 2.72 N/A
Toledo El. 9.09US 11.73CA 9.09US 11.73CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 700.64
DDG's FOB Srn & Aylm 340.00 - 360.00
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