FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, March 29
Exchange rate was 1.3552 down 0.0042
Chicago soybeans closed mixed.
JUL23 HI 14.53 3/4 NOV23 HI 13.05 3/4
LOW 14.37 LOW 12.95 3/4
CLOSE14.50 3/4 Up 6 1/4 CLOSE 13.02 1/2 Down 1 1/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +JUL23+JUL23+JUL23
CK Low 4.80 19.31 709.43 3.90 16.93 621.89
CK High 4.95 19.46 714.94 4.00 17.03 625.56
CK Average 4.90 -0.18 19.41 713.26 3.97 -0.48 17.00 624.51
Essex Cty 4.95 19.46 714.94 4.00 17.03 625.56
Mdsx Low 4.90 19.41 713.10 3.94 16.97 623.36
Mdsx High 4.95 19.46 714.94 4.00 17.03 625.56
Mdsx Average4.92 -0.17 19.43 713.75 3.97 -0.48 17.00 624.55
Hensall 4.90 19.41 713.10 3.98 17.01 624.95
Bruce 4.85 19.36 711.27 4.00 17.03 625.56
Putnam 4.90 19.41 713.10 3.95 16.98 623.72
Burford 4.99 19.50 716.41 4.01 17.04 625.93
Port Perry 4.83 19.34 710.53 3.85 16.88 620.05
Norfolk 4.95 19.46 714.94 4.00 17.03 625.56
Palmerston N/A N/A
Varna 4.90 19.41 713.10 4.00 17.03 625.56
Trenton 4.80 19.31 709.43 3.95 16.98 623.72
Winchester 4.76 19.27 707.96 3.95 16.98 623.72
North Gower 5.10 19.61 720.45 4.00 17.03 625.56
Vankleek Hil4.91 19.42 713.47 3.75 16.78 616.38
Huron FOB 5.00 5.05 5.12 N/A 19.51 716.78 N/A
Kent FOB 5.20 19.71 724.13 4.00 17.03 625.56
Lambton FOB 4.98 19.49 716.04 N/A
Mdsx FOB 4.91 5.11 N/A N/A 19.42 713.47 4.13 17.16 630.34
PROCESSORS
Windsor 5.39 19.90 731.11 4.55 17.58 645.77
TRANSFER
Hamilton 5.45 19.96 733.31 4.70 17.73 651.28
Prescott N/A 4.38 17.41 639.52
Port Colborn4.99 19.50 716.41 4.62 17.65 648.34
Toledo El. 0.19 14.70 540.03 -0.61 12.42 456.18
Exchange rate was 1.3552 down 0.0042
Chicago wheat closed slightly higher.
MAY23 HI 7.24 JUL23 HI 7.35 1/4
LOW 6.96 1/2 LOW 7.08 3/4
CLOSE 7.04 3/4 Up 5 CLOSE 7.16 1/4 Up 4 3/4
Minni wheat closed slightly lower.
MAY23 HI 8.99 1/4 SEP23 HI 8.98
LOW 8.74 1/2 LOW 8.75
CLOSE 8.78 Down 4 1/2 CLOSE 8.78 1/2 Down 3 1/4
Direct MarkHarvest 2022 Harvest 2023
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 1.50 N/A N/A N/A 1.30 N/A
London 2.49 2.01 1.54 N/A 2.73 1.85 1.31 N/A
Hensall 4.20 N/A 1.50 N/A 2.90 N/A 1.30 N/A
Trenton N/A N/A N/A N/A N/A N/A 1.30 N/A
Bruce 2.50 2.00 1.50 1.15 2.30 1.80 1.30 1.15
Essex N/A N/A 1.50 N/A N/A N/A 1.30 N/A
Norwich 4.20 N/A 1.50 N/A 2.90 N/A 1.30 N/A
Belmore 2.50 1.75 1.55 1.15 2.00 1.90 1.30 N/A
Kent Bridge 4.20 N/A 1.50 N/A 2.90 N/A 1.30 N/A
Chatham N/A N/A 1.50 N/A N/A N/A 1.30 N/A
Brigden N/A N/A 1.50 N/A N/A N/A 1.30 N/A
Palmerston N/A 1.80 1.26 N/A N/A N/A N/A N/A
Varna 4.15 2.20 1.55 N/A 2.80 1.90 1.30 N/A
Mitchell 4.20 N/A 1.50 N/A 2.90 1.95 1.30 N/A
Thornton 2.49 2.01 1.54 1.85 2.73 1.85 1.31 N/A
North Gower N/A 1.40 1.70 1.92 N/A 1.10 1.40 1.52
W O Feed 2.33
TERMINAL
Port Colbor N/A N/A 2.21 N/A N/A N/A 2.05 N/A
PROCESSORS
Toledo FM N/A N/A N/A N/A N/A N/A 2.34 N/A
Toledo El. 6.70US 9.08CA 6.91US 9.37CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 755.32
DDG's FOB Aylm 370.00
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