Farm Market News - Soybean And Wheat Report For Fri, June 30
- Details
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, June 30
Exchange rate was 1.3204 down 0.0020
Chicago soybeans closed slightly to sharply higher.
AUG23 HI 14.53 1/4 NOV23 HI 13.51 3/4
LOW 13.65 1/4 LOW 12.66
CLOSE14.42 Up 74 1/4 CLOSE 13.43 1/4 Up 77 1/2
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +AUG23+NOV23+NOV23
CK Low 4.46 18.88 693.72 2.80 16.23 596.44
CK High 4.80 19.22 706.21 3.25 16.68 612.98
CK Average 4.67 0.03 19.09 701.28 2.98 -1.00 16.42 603.16
Essex Cty 4.80 19.22 706.21 3.25 16.68 612.98
Mdsx Low 4.44 18.86 692.99 2.91 16.34 600.48
Mdsx High 4.80 19.22 706.21 3.15 16.58 609.30
Mdsx Average4.60 -0.02 19.02 698.77 2.99 -0.99 16.42 603.42
Hensall 4.57 18.99 697.64 2.92 16.35 600.73
Bruce 4.41 18.83 691.88 2.95 16.38 601.95
Putnam 4.60 19.02 698.87 2.95 16.38 601.95
Guelph 4.60 19.02 698.87 3.05 16.48 605.63
Burford 4.54 18.96 696.66 3.01 16.44 604.16
Port Perry 4.38 18.80 690.78 2.85 16.28 598.28
Norfolk 4.85 19.27 708.05 3.20 16.63 611.14
Palmerston 4.55 18.97 697.03 2.85 16.28 598.28
Varna 4.55 18.97 697.03 2.95 16.38 601.95
Trenton 4.36 18.78 690.05 2.85 16.28 598.28
Winchester N/A 2.85 16.28 598.28
North Gower 4.40 18.82 691.52 2.90 16.33 600.12
Vankleek Hil4.23 18.65 685.27 3.17 16.60 610.04
Huron FOB 4.54 4.61 2.95 2.95 18.96 696.66 2.95 16.38 601.95
Kent FOB 4.90 19.32 709.89 3.15 16.58 609.30
Lambton FOB 4.55 18.97 697.03 N/A
Mdsx FOB 4.73 N/A N/A N/A 19.15 703.64 3.11 16.54 607.83
PROCESSORS
Windsor 4.65 19.07 700.70 3.71 17.14 629.88
TRANSFER
Hamilton 5.52 19.94 732.67 3.75 17.18 631.35
Prescott N/A 3.50 16.93 622.16
Port Colborn N/A 3.62 17.05 626.57
Toledo El. 0.26 14.68 539.55 -0.59 12.84 471.73
Exchange rate was 1.3204 down 0.0020
Chicago wheat closed moderately lower.
SEP23 HI 6.80 3/4 JUL24 HI 7.20
LOW 6.46 LOW 6.94
CLOSE 6.51 Down 16 1/2 CLOSE 6.97 3/4 Down 10 3/4
Minni wheat closed slightly to moderately lower.
SEP23 HI 8.43 1/2 SEP24 HI 7.78
LOW 8.12 LOW 7.78
CLOSE 8.17 Down 8 1/2 CLOSE 7.78 Down 16
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 0.80 N/A N/A N/A 1.00 N/A
London 2.30 1.44 0.78 N/A 2.50 1.31 0.91 N/A
Hensall 2.50 1.55 0.80 1.40 1.90 1.45 0.95 N/A
Trenton N/A N/A 0.85 N/A N/A N/A N/A N/A
Bruce 1.80 1.30 0.80 1.15 1.80 1.25 0.95 N/A
Essex N/A N/A 0.80 N/A N/A N/A 0.95 N/A
Norwich 2.50 N/A 0.80 N/A 1.95 N/A 0.95 N/A
Belmore 1.80 1.25 0.80 1.15 1.90 1.30 0.95 N/A
Kent Bridge 2.50 N/A 0.80 N/A 1.95 N/A 0.95 N/A
Chatham N/A N/A 0.80 N/A N/A N/A 0.95 N/A
Brigden N/A N/A 0.80 N/A N/A N/A 0.95 N/A
Palmerston 1.80 1.25 0.80 1.15 1.90 1.30 0.95 N/A
Varna 2.50 1.55 0.80 N/A 1.90 1.45 0.95 N/A
Mitchell 2.50 1.55 0.80 N/A 1.95 1.45 0.95 N/A
Thornton 2.30 1.44 0.78 N/A 2.24 1.31 0.91 N/A
North Gower N/A 0.90 1.10 1.12 N/A 0.68 0.88 0.87
W O Feed 1.94
TERMINAL
Port Colbor N/A N/A 1.45 N/A N/A N/A 1.18 N/A
PROCESSORS
Toledo FM N/A N/A 1.76 N/A N/A N/A N/A N/A
Toledo El. 6.16US 8.13CA 6.74US 8.90CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 646.19
DDG's FOB Aylm 295.00