Farm Market News - Soybean And Wheat Report For Fri, September 15
- Details
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 -