Farm Market News - Soybean And Wheat Report For Fri, July 15
- Details
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, July 15
Exchange rate was 1.3017 down 0.0090
Chicago soybeans closed narrowly mixed.
NOV22 HI 13.58 1/2 NOV22 HI 13.58 1/2
LOW 13.30 1/2 LOW 13.30 1/2
CLOSE13.42 1/4 Up 1 1/4 CLOSE 13.42 1/4 Up 1 1/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +NOV22+NOV22+NOV22
CK Low 5.95 19.37 711.82 3.60 17.02 625.47
CK High 6.40 19.82 728.35 3.80 17.22 632.82
CK Average 6.33 1.75 19.75 725.62 3.68 -0.28 17.10 628.41
Essex Cty 6.40 19.82 728.35 3.60 17.02 625.47
Mdsx Low 6.35 19.77 726.52 3.65 17.07 627.31
Mdsx High 6.45 19.87 730.19 3.75 17.17 630.98
Mdsx Average6.40 1.81 19.82 728.35 3.69 -0.27 17.12 628.90
Hensall 6.43 19.86 729.58 3.73 17.16 630.37
Bruce 6.40 19.82 728.35 3.65 17.07 627.31
Putnam 6.40 19.82 728.35 3.70 17.12 629.14
Burford 6.41 19.83 728.72 3.74 17.16 630.61
Port Perry 6.32 19.74 725.41 3.65 17.07 627.31
Norfolk 6.40 19.82 728.35 3.70 17.12 629.14
Palmerston 6.61 20.03 736.07 3.76 17.18 631.35
Varna 6.45 19.87 730.19 3.75 17.17 630.98
Trenton N/A 3.70 17.12 629.14
Winchester N/A 3.79 17.21 632.45
North Gower 5.74 19.16 704.10 3.60 17.02 625.47
Vankleek Hil4.21 17.63 647.88 3.46 16.88 620.33
Huron FOB 6.59 6.59 N/A N/A 20.01 735.33 3.93 17.35 637.60
Kent FOB 6.50 19.92 732.03 3.65 17.07 627.31
Lambton FOB 6.21 19.63 721.37 N/A
Mdsx FOB 6.52 6.52 N/A N/A 19.94 732.76 4.00 17.42 640.17
PROCESSORS
Windsor 7.05 20.47 752.24 3.98 17.40 639.43
TRANSFER
Hamilton 6.85 20.27 744.89 4.35 17.77 653.03
Prescott N/A 3.90 17.32 636.49
Port Colborn N/A 4.37 17.79 653.76
Toledo El. 2.46 15.88 583.59 -0.46 12.97 476.45
Exchange rate was 1.3017 down 0.0090
Chicago wheat closed moderately lower.
SEP22 HI 8.04 3/4 JUL23 HI 8.33 3/4
LOW 7.65 3/4 LOW 8.03 1/2
CLOSE 7.76 3/4 Down 18 1/4 CLOSE 8.10 Down 15 1/2
Minni wheat closed mixed.
SEP22 HI 9.15 3/4 SEP23 HI 9.13 1/4
LOW 8.91 1/2 LOW 9.05
CLOSE 9.06 3/4 Down 3 3/4 CLOSE 9.13 1/4 Up 5 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 1.65 N/A N/A N/A 1.70 N/A
London 2.86 2.27 1.62 N/A 2.30 1.98 1.46 N/A
Hensall 2.80 N/A 1.50 N/A 2.40 N/A 1.60 N/A
Trenton N/A N/A 1.50 N/A N/A N/A 1.50 N/A
Bruce 2.60 2.25 1.60 1.60 2.30 1.95 1.60 N/A
Essex N/A N/A 1.55 N/A N/A N/A 1.55 N/A
Norwich 2.80 N/A 1.50 N/A 2.40 N/A 1.60 N/A
Port Hope N/A N/A 1.70 N/A N/A N/A 1.70 N/A
Kent Bridge 2.80 N/A 1.50 N/A 2.40 N/A 1.60 N/A
Chatham N/A N/A 1.60 N/A N/A N/A 1.60 N/A
Brigden N/A N/A 1.60 N/A N/A N/A 1.60 N/A
Palmerston N/A 2.11 1.78 N/A N/A N/A 1.35 N/A
Varna 2.75 2.25 1.65 N/A 2.20 1.95 1.60 N/A
Mitchell 2.80 2.25 1.50 N/A 2.40 1.95 1.60 N/A
Thornton 2.86 2.27 1.62 1.99 2.30 1.98 1.46 N/A
North Gower N/A 1.20 1.60 1.17 N/A 1.10 1.50 0.87
W O Feed 2.07
TERMINAL
Port Colbor N/A N/A 2.08 N/A N/A N/A 1.85 N/A
PROCESSORS
Toledo FM N/A N/A 2.34 N/A N/A N/A N/A N/A
Toledo El. 7.52US 9.79CA 8.00US 10.41CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 763.91
DDG's FOB Srn & Aylm 330.00 - 340.00