Farm Market News - Soybean And Wheat Report For Fri, October 14
- Details
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, October 14
Exchange rate was 1.3892 up 0.0162
Chicago soybeans closed slightly lower.
NOV22 HI 14.10 NOV23 HI 13.79
LOW 13.82 3/4 LOW 13.54
CLOSE13.83 3/4 Down 12 CLOSE 13.55 3/4 Down 10 1/2
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +NOV22+JAN23+JAN23
CK Low 4.85 18.69 686.65 4.29 17.85 655.78
CK High 5.00 18.84 692.16 4.45 18.01 661.66
CK Average 4.90 -0.35 18.73 688.33 4.38 -0.64 17.94 659.25
Essex Cty 4.90 18.74 688.49 4.35 17.91 657.99
Mdsx Low 4.85 18.69 686.65 4.33 17.89 657.25
Mdsx High 4.91 18.75 688.85 4.40 17.96 659.83
Mdsx Average4.88 -0.37 18.72 687.66 4.38 -0.64 17.94 659.18
Hensall 4.85 18.69 686.65 4.40 17.96 659.83
Bruce 4.85 18.69 686.65 4.40 17.96 659.83
Putnam 4.85 18.69 686.65 4.40 17.96 659.83
Burford 4.98 18.82 691.42 4.40 17.96 659.83
Port Perry 4.82 18.66 685.55 4.24 17.80 653.95
Norfolk 4.90 18.74 688.49 4.40 17.96 659.83
Palmerston 4.96 18.80 690.69 N/A
Varna 4.85 18.69 686.65 4.40 17.96 659.83
Trenton 4.85 18.69 686.65 4.40 17.96 659.83
Winchester 4.98 18.82 691.42 4.48 18.04 662.76
North Gower 4.85 18.69 686.65 4.30 17.86 656.15
Vankleek Hil4.99 18.83 691.79 4.45 18.01 661.66
Huron FOB 4.90 5.03 5.03 4.83 18.74 688.49 N/A
Kent FOB 4.90 18.74 688.49 4.40 17.96 659.83
Lambton FOB 5.08 18.92 695.10 N/A
Mdsx FOB 5.22 5.27 N/A N/A 19.06 700.24 N/A
PROCESSORS
Windsor 5.58 19.42 713.47 4.78 18.34 673.79
TRANSFER
Hamilton 5.60 19.44 714.21 4.90 18.46 678.20
Prescott 5.45 19.29 708.69 4.53 18.09 664.60
Port Colborn5.80 19.64 721.55 4.87 18.43 677.09
Toledo El. -0.28 13.56 498.23 -0.63 12.93 475.18
Exchange rate was 1.3892 up 0.0162
Chicago wheat closed lower.
DEC22 HI 8.98 3/4 JUL23 HI 9.11 1/4
LOW 8.57 1/4 LOW 8.79 1/4
CLOSE 8.59 3/4 Down 32 1/2 CLOSE 8.80 3/4 Down 26
Minni wheat closed moderately lower to lower.
DEC22 HI 9.84 3/4 SEP23 HI 9.53
LOW 9.52 1/4 LOW 9.31
CLOSE 9.54 1/4 Down 24 3/4 CLOSE 9.33 1/4 Down 18
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 1.70 N/A N/A N/A 2.10 N/A
London 3.80 2.42 1.71 N/A 3.44 2.48 1.76 N/A
Hensall 4.70 N/A 1.70 N/A 3.20 N/A 1.80 N/A
Trenton N/A N/A N/A N/A N/A N/A 1.90 N/A
Bruce 2.70 2.35 1.70 1.15 2.85 2.35 1.85 1.00
Essex N/A N/A 1.80 N/A N/A N/A 1.85 N/A
Norwich 4.70 N/A 1.70 N/A 3.20 N/A 1.80 N/A
Port Hope N/A N/A 1.50 N/A N/A N/A 1.85 N/A
Kent Bridge 4.70 N/A 1.70 N/A 3.20 N/A 1.80 N/A
Chatham N/A N/A 1.80 N/A N/A N/A 1.85 N/A
Brigden N/A N/A 1.80 N/A N/A N/A 1.85 N/A
Palmerston N/A 2.71 1.74 2.53 N/A N/A N/A N/A
Varna 4.25 2.60 1.75 N/A 3.00 2.35 1.80 N/A
Mitchell 4.70 N/A 1.70 N/A 3.20 2.40 1.80 N/A
Thornton 3.80 2.42 1.71 2.55 3.44 2.48 1.76 N/A
North Gower N/A 1.30 1.70 1.52 N/A 1.55 1.95 1.52
W O Feed 2.62
TERMINAL
Port Colbor N/A N/A 2.07 N/A N/A N/A 2.06 N/A
PROCESSORS
Toledo FM N/A N/A 3.35 N/A N/A N/A 3.29 N/A
Toledo El. 8.30US 11.53CA 8.71US 12.10CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 687.96
DDG's FOB Srn & Aylm 300.00 - 350.00