Farm Market News - Soybean And Wheat Report For Mon, April 4
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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, April 4
Exchange rate was 1.2492 down 0.0025
Chicago soybeans closed moderately higher to higher.
JUL22 HI 15.90 1/2 NOV22 HI 14.40 1/2
LOW 15.60 1/2 LOW 14.04 3/4
CLOSE15.89 Up 22 1/4 CLOSE 14.39 3/4 Up 33
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +JUL22+JUL22+JUL22
CK Low 3.70 19.59 719.81 2.95 17.35 637.41
CK High 3.85 19.74 725.32 3.05 17.45 641.09
CK Average 3.80 -0.13 19.69 723.33 2.99 -0.48 17.39 638.88
Essex Cty 3.80 19.69 723.48 2.95 17.35 637.41
Mdsx Low 3.80 19.69 723.48 2.98 17.38 638.51
Mdsx High 3.82 19.71 724.22 3.00 17.40 639.25
Mdsx Average3.81 -0.12 19.70 723.73 2.99 -0.48 17.39 639.00
Hensall 3.80 19.69 723.48 3.00 17.40 639.25
Bruce 3.80 19.69 723.48 3.00 17.40 639.25
Putnam 3.80 19.69 723.48 3.00 17.40 639.25
Burford 3.87 19.76 726.06 3.03 17.43 640.35
Port Perry 3.77 19.66 722.38 2.93 17.33 636.68
Norfolk 3.80 19.69 723.48 3.00 17.40 639.25
Palmerston 3.75 19.64 721.65 3.04 17.44 640.72
Varna 3.80 19.69 723.48 3.00 17.40 639.25
Trenton 3.70 19.59 719.81 2.95 17.35 637.41
Winchester 3.70 19.59 719.81 2.95 17.35 637.41
North Gower 3.95 19.84 729.00 3.00 17.40 639.25
Vankleek Hil3.86 19.75 725.69 3.04 17.44 640.72
Huron FOB 3.84 3.86 3.90 3.92 19.73 724.95 N/A
Kent FOB 4.05 19.94 732.67 3.00 17.40 639.25
Lambton FOB N/A N/A
Mdsx FOB 4.02 4.02 4.02 N/A 19.91 731.57 3.15 17.55 644.76
PROCESSORS
Windsor 4.45 20.34 747.37 3.32 17.72 651.01
TRANSFER
Hamilton 4.45 20.34 747.37 3.55 17.95 659.46
Prescott N/A 3.23 17.63 647.70
Port Colborn4.39 20.28 745.16 3.61 18.01 661.66
Toledo El. -0.15 15.74 578.35 -0.44 13.96 512.95
Exchange rate was 1.2492 down 0.0025
Chicago wheat closed moderately higher.
JUL22 HI 10.14 1/2 SEP22 HI 10.05 1/2
LOW 9.85 LOW 9.76
CLOSE 10.10 Up 25 3/4 CLOSE 10.02 1/2 Up 28
Minni wheat closed moderately higher.
MAY22 HI 10.91 1/4 SEP22 HI 10.63 3/4
LOW 10.70 LOW 10.43 1/2
CLOSE 10.85 Up 19 3/4 CLOSE 10.60 1/4 Up 19 1/2
Direct MarkHarvest 2021 Harvest 2022
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 N/A N/A N/A N/A 1.50 N/A
London 0.88 1.63 1.19 N/A 1.95 1.77 1.52 N/A
Hensall 1.20 N/A 1.20 N/A 2.50 N/A 1.50 N/A
Trenton N/A N/A N/A N/A N/A N/A 1.45 N/A
Bruce 1.10 1.80 1.10 N/A 2.40 1.80 1.50 1.30
Essex N/A N/A 1.25 N/A N/A N/A 1.55 N/A
Norwich 1.20 N/A 1.20 N/A 2.50 N/A 1.50 N/A
Port Hope N/A N/A N/A N/A N/A N/A 1.50 N/A
Kent Bridge 1.20 N/A 1.20 N/A 2.50 N/A 1.50 N/A
Chatham N/A N/A 1.25 N/A N/A N/A 1.55 N/A
Brigden N/A N/A 1.25 N/A N/A N/A 1.55 N/A
Palmerston N/A 0.96 1.15 2.08 N/A 1.57 1.57 N/A
Varna 1.50 2.00 1.25 N/A 2.45 1.85 1.55 N/A
Mitchell 1.20 1.90 1.20 N/A 2.50 1.80 1.50 N/A
Thornton 0.88 1.63 1.19 0.31 1.95 1.77 1.52 N/A
North Gower N/A N/A N/A N/A N/A N/A 1.35 N/A
W O Feed 2.12
TERMINAL
Port Colbor N/A N/A 1.70 N/A N/A N/A 1.97 N/A
PROCESSORS
Toledo FM N/A N/A 2.43 N/A N/A N/A 2.50 N/A
Toledo El. 9.80US 12.24CA 9.90US 12.36CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 697.89
DDG's FOB Srn & Aylm 370.00