Red Deer

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, September 9 Exchange rate was 1.3037 down 0.0059 Chicago soybeans closed slightly to moderately higher. NOV22 HI 14.15 3/4 NOV23 HI 13.52 1/2 LOW 13.87 1/4 LOW 13.33 CLOSE14.12 1/4 Up 26 1/4 CLOSE 13.50 1/4 Up 19 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV22+NOV22+JAN23 CK Low 3.85 17.97 660.38 3.35 16.85 619.22 CK High 4.00 18.12 665.89 3.70 17.20 632.08 CK Average 3.95 -0.26 18.07 664.10 3.46 -0.49 16.96 623.27 Essex Cty 3.85 17.97 660.38 3.35 16.85 619.22 Mdsx Low 3.95 18.07 664.05 3.40 16.90 621.06 Mdsx High 4.10 18.22 669.56 3.55 17.05 626.57 Mdsx Average4.02 -0.21 18.14 666.62 3.47 -0.48 16.98 623.76 Hensall 4.00 18.12 665.89 3.48 16.99 624.12 Bruce 3.95 18.07 664.05 3.45 16.95 622.90 Putnam 3.95 18.07 664.05 3.45 16.95 622.90 Burford 4.07 18.19 668.46 3.53 17.03 625.84 Port Perry 3.95 18.07 664.05 3.41 16.91 621.43 Norfolk 3.95 18.07 664.05 3.40 16.90 621.06 Palmerston 4.03 18.15 666.99 N/A Varna 3.95 18.07 664.05 3.44 16.94 622.53 Trenton 4.10 18.22 669.56 3.55 17.05 626.57 Winchester 4.02 18.14 666.62 3.72 17.22 632.82 North Gower 4.05 18.17 667.73 3.45 16.95 622.90 Vankleek Hil3.72 17.84 655.60 3.25 16.75 615.55 Huron FOB N/A 3.98 4.05 3.83 N/A Kent FOB 3.95 18.07 664.05 3.40 16.90 621.06 Lambton FOB 4.20 18.32 673.24 N/A Mdsx FOB 4.60 4.18 4.18 N/A 18.72 687.93 N/A PROCESSORS Windsor 4.56 18.68 686.46 3.75 17.25 633.92 TRANSFER Hamilton 4.60 18.72 687.93 3.90 17.40 639.43 Prescott 4.30 18.42 676.91 3.39 16.89 620.69 Port Colborn4.65 18.77 689.77 3.81 17.31 636.13 Toledo El. -0.39 13.73 504.54 -0.59 12.92 474.58 Exchange rate was 1.3037 down 0.0059 Chicago wheat closed higher. DEC22 HI 8.72 1/2 JUL23 HI 8.86 3/4 LOW 8.26 LOW 8.49 1/4 CLOSE 8.69 1/2 Up 40 1/2 CLOSE 8.84 Up 34 1/2 Minni wheat closed higher. DEC22 HI 9.34 SEP23 HI 9.21 3/4 LOW 8.92 1/4 LOW 9.13 CLOSE 9.27 1/2 Up 29 1/4 CLOSE 9.17 Up 25 1/2 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 3.00 1.83 1.11 N/A 2.67 2.02 1.37 N/A Hensall 3.75 N/A 1.15 N/A 2.55 N/A 1.45 N/A Trenton N/A N/A 0.90 N/A N/A N/A 1.45 N/A Bruce 2.00 1.70 1.15 1.00 2.00 1.90 1.45 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 1.99 1.27 1.96 N/A N/A 1.49 N/A Varna 3.00 2.00 1.15 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 3.00 1.83 1.11 1.71 2.67 2.02 1.37 N/A North Gower N/A 0.80 1.20 1.17 N/A 1.00 1.40 0.92 W O Feed 1.96 TERMINAL Port Colbor N/A N/A 1.44 N/A N/A N/A 1.77 N/A PROCESSORS Toledo FM N/A N/A 2.38 N/A N/A N/A 2.55 N/A Toledo El. 8.35US 10.88CA 8.74US 11.39CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 740.55 DDG's FOB Srn & Aylm 280.00 - 310.00