Red Deer

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, September 15 Exchange rate was 1.3504 up 0.0011 Chicago soybeans closed moderately lower. NOV23 HI 13.67 3/4 NOV23 HI 13.67 3/4 LOW 13.38 1/4 LOW 13.38 1/4 CLOSE13.40 1/4 Down 20 1/4 CLOSE 13.40 1/4 Down 20 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV23+NOV23+JAN24 CK Low 4.50 17.90 657.80 3.65 17.05 626.57 CK High 4.60 18.00 661.48 3.84 17.24 633.55 CK Average 4.52 -0.13 17.92 658.61 3.78 -0.68 17.18 631.24 Essex Cty 4.60 18.00 661.48 3.80 17.20 632.08 Mdsx Low 4.49 17.89 657.44 3.75 17.15 630.25 Mdsx High 4.60 18.00 661.48 3.82 17.22 632.82 Mdsx Average4.53 -0.12 17.93 658.91 3.79 -0.67 17.20 631.81 Hensall 4.57 17.97 660.25 3.80 17.20 632.08 Bruce N/A 3.75 17.15 630.25 Putnam 4.50 17.90 657.80 3.80 17.20 632.08 Guelph 4.63 18.03 662.58 3.69 17.09 628.04 Burford 4.57 17.97 660.38 3.90 17.30 635.76 Port Perry 4.46 17.86 656.33 3.79 17.19 631.72 Norfolk N/A 3.80 17.20 632.08 Palmerston 4.60 18.00 661.48 3.80 17.20 632.08 Varna 4.60 18.00 661.48 3.80 17.20 632.08 Trenton N/A 3.70 17.10 628.41 Winchester N/A 3.75 17.15 630.25 North Gower 4.50 17.90 657.80 3.80 17.20 632.08 Vankleek Hil4.51 17.91 658.17 3.65 17.05 626.57 Huron FOB 4.72 3.80 3.80 3.91 18.12 665.89 3.80 17.20 632.08 Kent FOB N/A 3.75 17.15 630.25 Lambton FOB N/A 3.90 17.30 635.76 Mdsx FOB 4.71 3.88 4.00 4.12 18.11 665.52 3.88 17.28 635.02 PROCESSORS Windsor 4.98 18.38 675.44 4.28 17.68 649.72 TRANSFER Hamilton 5.30 18.70 687.20 4.45 17.85 655.97 Prescott N/A 4.13 17.53 644.21 Port Colborn N/A 4.53 17.93 658.91 Toledo El. -0.47 12.93 475.09 -0.95 12.46 457.72 Exchange rate was 1.3504 up 0.0011 Chicago wheat closed slightly to moderately higher. DEC23 HI 6.07 1/2 JUL24 HI 6.55 LOW 5.91 3/4 LOW 6.42 CLOSE 6.04 1/4 Up 10 1/2 CLOSE 6.52 Up 7 3/4 Minni wheat closed slightly higher. DEC23 HI 7.91 SEP24 HI 8.08 1/4 LOW 7.78 LOW 8.08 1/4 CLOSE 7.89 Up 5 1/2 CLOSE 8.08 1/4 Up 2 1/4 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 0.45 N/A N/A N/A 0.90 N/A London 1.37 1.16 0.49 N/A 1.49 1.40 0.86 N/A Hensall 1.65 1.30 0.50 1.20 1.70 1.50 0.85 N/A Trenton N/A N/A 0.60 N/A N/A N/A N/A N/A Bruce 1.30 1.00 0.50 1.00 1.35 1.35 0.85 N/A Essex N/A N/A 0.45 N/A N/A N/A 0.85 N/A Norwich 1.65 N/A 0.45 N/A 1.80 N/A 0.90 N/A Belmore 1.60 1.10 0.50 1.20 1.70 1.15 0.85 N/A Kent Bridge 1.65 N/A 0.45 N/A 1.80 N/A 0.90 N/A Chatham N/A N/A 0.45 N/A N/A N/A 0.85 N/A Brigden N/A N/A 0.35 N/A N/A N/A 0.85 N/A Palmerston 1.60 1.10 0.50 1.20 1.70 1.15 0.85 N/A Varna 1.65 1.30 0.50 N/A 1.70 1.50 0.85 N/A Mitchell 1.65 1.30 0.45 N/A 1.80 1.50 0.90 N/A Thornton 1.37 1.16 0.49 1.15 1.49 1.40 0.86 N/A North Gower N/A 0.50 0.70 1.05 N/A 0.71 1.01 0.87 W O Feed 1.44 TERMINAL Port Colbor N/A N/A 1.02 N/A N/A N/A 1.33 N/A PROCESSORS Toledo FM N/A N/A 1.64 N/A N/A N/A N/A N/A Toledo El. 5.49US 7.42CA 6.28US 8.48CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 663.16 DDG's FOB Aylm -