Farm Market News - Soybean And Wheat Report For Fri, September 2
- Details
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, September 2
Exchange rate was 1.313 down 0.0035
Chicago soybeans closed slightly to moderately higher.
NOV22 HI 14.22 NOV22 HI 14.22
LOW 13.91 3/4 LOW 13.91 3/4
CLOSE14.20 1/2 Up 25 3/4 CLOSE 14.20 1/2 Up 25 3/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +NOV22+NOV22+JAN23
CK Low 5.20 19.41 713.01 4.00 18.21 668.92
CK High 5.40 19.61 720.36 4.15 18.36 674.43
CK Average 5.33 0.68 19.54 717.91 4.09 -0.27 18.30 672.38
Essex Cty N/A 4.00 18.21 668.92
Mdsx Low N/A 4.10 18.31 672.59
Mdsx High N/A 4.16 18.37 674.80
Mdsx Average N/A 4.12 -0.25 18.33 673.33
Hensall 5.37 19.57 719.14 4.10 18.31 672.59
Bruce 5.00 19.21 705.66 4.10 18.31 672.59
Putnam 5.40 19.61 720.36 4.10 18.31 672.59
Burford N/A 4.22 18.43 677.00
Port Perry N/A 4.10 18.31 672.59
Norfolk N/A 4.10 18.31 672.59
Palmerston N/A 4.12 18.33 673.33
Varna 5.35 19.56 718.52 4.10 18.31 672.59
Trenton N/A 4.10 18.31 672.59
Winchester N/A 4.13 18.34 673.70
North Gower N/A 4.00 18.21 668.92
Vankleek Hil5.91 20.12 739.10 3.89 18.10 664.88
Huron FOB N/A N/A 4.19 3.96 4.11 18.32 672.96
Kent FOB N/A 4.10 18.31 672.59
Lambton FOB 4.05 18.26 670.76 4.20 18.41 676.27
Mdsx FOB 4.79 4.30 4.30 N/A 19.00 697.95 4.30 18.51 679.94
PROCESSORS
Windsor N/A 4.57 18.78 689.86
TRANSFER
Hamilton N/A 4.75 18.96 696.48
Prescott N/A 4.41 18.62 683.98
Port Colborn N/A 4.83 19.04 699.42
Toledo El. 0.33 14.53 534.01 -0.39 13.81 507.47
Exchange rate was 1.313 down 0.0035
Chicago wheat closed moderately higher.
DEC22 HI 8.19 1/2 JUL23 HI 8.45 3/4
LOW 7.96 1/4 LOW 8.24 1/2
CLOSE 8.11 Up 16 3/4 CLOSE 8.38 1/2 Up 15 1/2
Minni wheat closed mixed.
DEC22 HI 9.08 1/2 SEP23 HI 9.00
LOW 8.85 LOW 8.84 1/2
CLOSE 8.90 Up 3 1/2 CLOSE 8.84 1/2 Down 2 3/4
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 1.15 N/A N/A N/A 1.45 N/A
London 2.99 1.94 1.15 N/A 2.68 2.02 1.36 N/A
Hensall 3.75 N/A 1.15 N/A 2.55 N/A 1.45 N/A
Trenton N/A N/A 1.00 N/A N/A N/A 1.40 N/A
Bruce 2.00 1.70 1.15 1.00 2.00 1.90 1.40 N/A
Essex N/A N/A 1.15 N/A N/A N/A 1.40 N/A
Norwich 3.75 N/A 1.15 N/A 2.55 N/A 1.45 N/A
Port Hope N/A N/A 1.00 N/A N/A N/A 1.45 N/A
Kent Bridge 3.75 N/A 1.15 N/A 2.55 N/A 1.45 N/A
Chatham N/A N/A 1.15 N/A N/A N/A 1.45 N/A
Brigden N/A N/A 1.15 N/A N/A N/A 1.45 N/A
Palmerston N/A 2.54 1.29 2.27 N/A N/A 1.64 N/A
Varna 2.55 1.90 1.20 N/A 2.55 2.00 1.45 N/A
Mitchell 3.75 2.00 1.15 N/A 2.55 2.00 1.45 N/A
Thornton 2.99 1.94 1.15 1.82 2.68 2.02 1.36 N/A
North Gower N/A 0.75 1.15 1.12 N/A 0.95 1.35 0.87
W O Feed 2.05
TERMINAL
Port Colbor N/A N/A 1.61 N/A N/A N/A 1.76 N/A
PROCESSORS
Toledo FM N/A N/A 2.24 N/A N/A N/A 2.49 N/A
Toledo El. N/A 8.29US 10.88CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 787.06
DDG's FOB Srn & Aylm 280.00 - 310.00