Farm Market News - Soybean And Wheat Report For Mon, January 23
- Details
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, January 23
Exchange rate was 1.3378 up 0.0000
Chicago soybeans closed slightly lower.
MAR23 HI 15.03 NOV23 HI 13.47 3/4
LOW 14.79 3/4 LOW 13.30 1/4
CLOSE14.90 1/4 Down 16 1/4 CLOSE 13.39 1/2 Down 12 1/2
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +MAR23+MAR23+MAY23
CK Low 4.50 19.40 712.92 3.80 17.20 631.81
CK High 4.65 19.55 718.43 3.90 17.30 635.48
CK Average 4.55 -0.36 19.46 714.91 3.85 -0.50 17.25 633.75
Essex Cty 4.55 19.45 714.76 3.80 17.20 631.81
Mdsx Low 4.55 19.45 714.76 3.85 17.25 633.65
Mdsx High 4.70 19.60 720.27 4.00 17.40 639.16
Mdsx Average4.59 -0.33 19.50 716.32 3.89 -0.47 17.29 635.12
Hensall 4.55 19.45 714.76 3.85 17.25 633.65
Bruce 4.55 19.45 714.76 3.85 17.25 633.65
Putnam 4.55 19.45 714.76 3.85 17.25 633.65
Burford 4.64 19.54 718.06 3.93 17.33 636.58
Port Perry 4.48 19.38 712.18 3.77 17.17 630.71
Norfolk 4.55 19.45 714.76 3.85 17.25 633.65
Palmerston 4.57 19.47 715.49 N/A
Varna 4.55 19.45 714.76 3.85 17.25 633.65
Trenton 4.70 19.60 720.27 4.05 17.45 640.99
Winchester 4.40 19.30 709.25 4.00 17.40 639.16
North Gower 4.62 19.52 717.33 4.15 17.55 644.67
Vankleek Hil4.84 19.74 725.41 3.79 17.19 631.44
Huron FOB 4.50 4.50 4.71 4.74 19.40 712.92 N/A
Kent FOB 4.85 19.75 725.78 3.85 17.25 633.65
Lambton FOB 4.81 19.71 724.31 N/A
Mdsx FOB 4.69 4.89 N/A N/A 19.59 719.90 3.86 17.26 634.01
PROCESSORS
Windsor 5.25 20.15 740.48 4.19 17.59 646.14
TRANSFER
Hamilton 5.25 20.15 740.48 4.35 17.75 652.02
Prescott N/A 4.11 17.51 643.20
Port Colborn4.85 19.75 725.78 4.34 17.74 651.65
Toledo El. -0.37 14.53 533.81 -0.60 12.79 470.06
Exchange rate was 1.3378 up 0.0000
Chicago wheat closed moderately lower.
MAR23 HI 7.40 1/2 JUL23 HI 7.50 1/4
LOW 7.12 1/2 LOW 7.23
CLOSE 7.20 Down 21 1/2 CLOSE 7.30 1/2 Down 21
Minni wheat closed moderately lower to lower.
MAR23 HI 9.07 1/2 SEP23 HI 8.71
LOW 8.85 LOW 8.59
CLOSE 8.87 3/4 Down 25 CLOSE 8.61 Down 17 1/4
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 1.30 N/A N/A N/A 1.25 N/A
London 2.41 2.15 1.21 N/A 2.58 1.78 1.18 N/A
Hensall 4.20 N/A 1.30 N/A 2.80 N/A 1.25 N/A
Trenton N/A N/A N/A N/A N/A N/A 1.25 N/A
Bruce 2.30 1.80 1.30 1.15 2.25 1.75 1.25 1.15
Essex N/A N/A 1.30 N/A N/A N/A 1.25 N/A
Norwich 4.20 N/A 1.30 N/A 2.80 N/A 1.25 N/A
Port Hope N/A N/A 1.30 N/A N/A N/A 1.25 N/A
Kent Bridge 4.20 N/A 1.30 N/A 2.80 N/A 1.25 N/A
Chatham N/A N/A 1.30 N/A N/A N/A 1.25 N/A
Brigden N/A N/A 1.30 N/A N/A N/A 1.25 N/A
Palmerston N/A 2.04 1.17 2.23 N/A N/A N/A N/A
Varna 4.10 2.20 1.30 N/A 2.55 1.90 1.25 N/A
Mitchell 4.20 N/A 1.30 N/A 2.80 1.90 1.25 N/A
Thornton 2.41 2.15 1.21 1.92 2.58 1.78 1.18 N/A
North Gower N/A 1.20 1.60 1.67 N/A 1.00 1.40 1.32
W O Feed 2.05
TERMINAL
Port Colbor N/A N/A 1.88 N/A N/A N/A 1.78 N/A
PROCESSORS
Toledo FM N/A N/A 2.37 N/A N/A N/A 2.33 N/A
Toledo El. 6.95US 9.30CA 7.06US 9.44CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 735.14
DDG's FOB Aylm 370.00