Farm Market News - Soybean And Wheat Report For Fri, September 29
- Details
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, September 29
Exchange rate was 1.3553 up 0.0058
Chicago soybeans closed slightly to moderately lower.
NOV23 HI 13.05 1/2 NOV24 HI 12.75 1/2
LOW 12.72 1/2 LOW 12.56 1/4
CLOSE12.75 Down 25 1/2 CLOSE 12.60 Down 9 3/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +NOV23+JAN24+JAN24
CK Low 3.40 16.15 593.41 3.00 15.60 573.20
CK High 3.50 16.25 597.09 3.15 15.75 578.71
CK Average 3.44 -0.80 16.19 594.93 3.09 -1.02 15.69 576.46
Essex Cty 3.45 16.20 595.25 3.10 15.70 576.88
Mdsx Low 3.40 16.15 593.41 3.00 15.60 573.20
Mdsx High 3.45 16.20 595.25 3.10 15.70 576.88
Mdsx Average3.43 -0.81 16.18 594.51 3.05 -1.05 15.65 575.04
Hensall 3.45 16.20 595.25 3.10 15.70 576.88
Bruce 3.40 16.15 593.41 3.05 15.65 575.04
Putnam 3.45 16.20 595.25 3.10 15.70 576.88
Guelph 3.52 16.27 597.82 3.22 15.82 581.29
Burford 3.50 16.25 597.09 3.13 15.73 577.98
Port Perry 3.39 16.14 593.04 3.02 15.62 573.94
Norfolk 3.50 16.25 597.09 3.05 15.65 575.04
Palmerston 3.45 16.20 595.25 3.05 15.65 575.04
Varna 3.45 16.20 595.25 3.05 15.65 575.04
Trenton 3.30 16.05 589.74 2.90 15.50 569.53
Winchester 3.45 16.20 595.25 3.18 15.78 579.82
North Gower 3.75 16.50 606.27 3.10 15.70 576.88
Vankleek Hil3.26 16.01 588.27 3.08 15.68 576.14
Huron FOB 3.45 3.45 3.63 N/A 16.20 595.25 N/A
Kent FOB 3.45 16.20 595.25 3.00 15.60 573.20
Lambton FOB 3.60 16.35 600.76 N/A
Mdsx FOB 3.54 3.66 3.59 3.66 16.29 598.56 N/A
PROCESSORS
Windsor 4.06 16.81 617.66 3.96 16.56 608.48
TRANSFER
Hamilton 4.10 16.85 619.13 3.65 16.25 597.09
Prescott 4.09 16.84 618.76 N/A
Port Colborn4.13 16.88 620.23 3.83 16.43 603.70
Toledo El. -0.95 11.80 433.62 -0.75 11.85 435.58
Exchange rate was 1.3553 up 0.0058
Chicago wheat closed lower.
DEC23 HI 5.85 1/2 JUL24 HI 6.42 3/4
LOW 5.40 LOW 6.10 1/4
CLOSE 5.41 1/2 Down 37 1/4 CLOSE 6.12 1/4 Down 24
Minni wheat closed moderately lower to lower.
DEC23 HI 7.52 1/2 SEP24 HI 7.92 1/4
LOW 7.08 1/4 LOW 7.75
CLOSE 7.09 1/4 Down 37 3/4 CLOSE 7.75 1/2 Down 14
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 0.55 N/A N/A N/A 0.85 N/A
London 1.26 1.26 0.52 N/A 1.49 1.32 0.85 N/A
Hensall 1.55 1.25 0.60 1.10 1.65 1.45 0.90 N/A
Trenton N/A N/A 0.50 N/A N/A N/A 0.85 N/A
Bruce 1.40 1.10 0.60 1.00 1.40 1.40 0.90 N/A
Essex N/A N/A 0.55 N/A N/A N/A 0.85 N/A
Norwich 1.65 N/A 0.55 N/A 1.75 N/A 0.85 N/A
Belmore 1.60 1.10 0.60 1.20 1.70 1.15 0.90 N/A
Kent Bridge 1.65 N/A 0.45 N/A 1.75 N/A 0.85 N/A
Chatham N/A N/A 0.55 N/A N/A N/A 0.85 N/A
Brigden N/A N/A 0.40 N/A N/A N/A 0.85 N/A
Palmerston 1.60 1.10 0.60 1.20 1.70 1.15 0.90 N/A
Varna 1.55 1.25 0.60 N/A 1.65 1.45 0.90 N/A
Mitchell 1.65 1.30 0.55 N/A 1.75 1.50 0.85 N/A
Thornton 1.26 1.26 0.52 0.96 1.49 1.32 0.85 N/A
North Gower N/A 0.60 0.90 1.02 N/A 0.92 1.22 0.92
W O Feed 1.21
TERMINAL
Port Colbor N/A N/A 1.06 N/A N/A N/A 1.32 N/A
PROCESSORS
Toledo FM N/A N/A 1.45 N/A N/A N/A 2.04 N/A
Toledo El. 4.87US 6.59CA 5.88US 7.97CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 620.50
DDG's FOB Aylm 325.00