Farm Market News - Soybean And Wheat Report For Fri, August 25
- Details
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, August 25
Exchange rate was 1.3583 up 0.0040
Chicago soybeans closed slightly higher.
NOV23 HI 13.90 1/2 NOV23 HI 13.90 1/2
LOW 13.68 LOW 13.68
CLOSE13.87 3/4 Up 16 CLOSE 13.87 3/4 Up 16
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +NOV23+NOV23+NOV23
CK Low 4.94 18.82 691.42 3.70 17.58 645.86
CK High 5.00 18.88 693.63 3.85 17.73 651.37
CK Average 4.97 0.00 18.85 692.65 3.80 -0.87 17.67 649.43
Essex Cty 4.95 18.83 691.79 3.85 17.73 651.37
Mdsx Low 4.92 18.80 690.69 3.76 17.64 648.07
Mdsx High 5.00 18.88 693.63 3.80 17.68 649.54
Mdsx Average4.97 0.00 18.85 692.44 3.79 -0.87 17.67 649.17
Hensall 5.00 18.88 693.63 3.80 17.68 649.54
Bruce 4.80 18.68 686.28 3.80 17.68 649.54
Putnam 5.00 18.88 693.63 3.80 17.68 649.54
Guelph 5.05 18.93 695.47 3.74 17.62 647.33
Burford 5.02 18.90 694.36 3.86 17.74 651.74
Port Perry 4.86 18.74 688.49 3.70 17.58 645.86
Norfolk 4.95 18.83 691.79 3.80 17.68 649.54
Palmerston 5.00 18.88 693.63 3.80 17.68 649.54
Varna 5.00 18.88 693.63 3.80 17.68 649.54
Trenton N/A 3.75 17.63 647.70
Winchester N/A 3.70 17.58 645.86
North Gower 4.50 18.38 675.26 3.50 17.38 638.51
Vankleek Hil4.73 18.61 683.71 3.74 17.62 647.33
Huron FOB N/A 5.17 3.80 3.80 3.80 17.68 649.54
Kent FOB N/A 3.80 17.68 649.54
Lambton FOB 5.45 19.33 710.16 3.80 17.68 649.54
Mdsx FOB 5.14 N/A 4.03 4.15 19.02 698.77 4.03 17.91 657.99
PROCESSORS
Windsor 5.86 19.74 725.23 4.42 18.30 672.32
TRANSFER
Hamilton 5.40 19.28 708.33 4.45 18.33 673.42
Prescott N/A 4.35 18.23 669.75
Port Colborn N/A 4.41 18.29 671.95
Toledo El. -0.20 13.67 502.42 -0.95 12.93 474.97
Exchange rate was 1.3583 up 0.0040
Chicago wheat closed slightly to moderately lower.
SEP23 HI 6.09 3/4 JUL24 HI 6.87 1/2
LOW 5.87 1/2 LOW 6.68 1/2
CLOSE 5.93 1/4 Down 10 3/4 CLOSE 6.72 3/4 Down 8 1/2
Minni wheat closed slightly higher.
SEP23 HI 7.81 3/4 SEP24 HI 8.25
LOW 7.72 3/4 LOW 8.15 1/4
CLOSE 7.75 3/4 Up 1 CLOSE 8.18 1/4 Up 3
Direct MarkHarvest 2023 Harvest 2024
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 0.65 N/A N/A N/A 0.85 N/A
London 1.57 1.23 0.62 N/A 1.96 1.44 0.83 N/A
Hensall 2.00 1.55 0.75 1.45 1.75 1.55 0.90 N/A
Trenton N/A N/A 0.65 N/A N/A N/A N/A N/A
Bruce 1.50 1.20 0.70 1.15 1.40 1.20 0.90 N/A
Essex N/A N/A 0.60 N/A N/A N/A 0.90 N/A
Norwich 1.90 N/A 0.65 N/A 1.80 N/A 0.85 N/A
Belmore 1.75 1.15 0.75 1.20 1.90 1.15 0.90 N/A
Kent Bridge 1.90 N/A 0.55 N/A 1.80 N/A 0.85 N/A
Chatham N/A N/A 0.60 N/A N/A N/A 0.90 N/A
Brigden N/A N/A 0.35 N/A N/A N/A 0.90 N/A
Palmerston 1.75 1.15 0.75 1.20 1.90 1.15 0.90 N/A
Varna 2.00 1.55 0.75 N/A 1.75 1.55 0.90 N/A
Mitchell 1.90 1.50 0.65 N/A 1.80 1.50 0.85 N/A
Thornton 1.57 1.23 0.62 1.17 1.96 1.44 0.83 N/A
North Gower N/A 0.60 0.90 1.12 N/A 0.50 0.85 0.82
W O Feed 1.48
TERMINAL
Port Colbor N/A N/A 1.29 N/A N/A N/A 1.02 N/A
PROCESSORS
Toledo FM N/A N/A 1.72 N/A N/A N/A N/A N/A
Toledo El. 5.55US 7.54CA 6.49US 8.81CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 701.96
DDG's FOB Aylm 305.00