Farm Market News - Soybean And Wheat Report For Mon, July 10
- Details
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, July 10
Exchange rate was 1.3255 up 0.0012
Chicago soybeans closed slightly to moderately higher.
NOV23 HI 13.53 1/2 NOV23 HI 13.53 1/2
LOW 13.17 3/4 LOW 13.17 3/4
CLOSE13.45 1/2 Up 27 3/4 CLOSE 13.45 1/2 Up 27 3/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +NOV23+NOV23+NOV23
CK Low 5.20 18.66 685.45 3.05 16.51 606.45
CK High 5.25 18.71 687.29 3.25 16.71 613.80
CK Average 5.23 0.64 18.68 686.37 3.18 -0.91 16.63 611.13
Essex Cty 5.20 18.66 685.45 3.25 16.71 613.80
Mdsx Low 5.20 18.66 685.45 3.15 16.61 610.13
Mdsx High 5.35 18.81 690.97 3.25 16.71 613.80
Mdsx Average5.26 0.66 18.71 687.57 3.19 -0.90 16.65 611.69
Hensall 5.25 18.71 687.29 3.18 16.64 611.35
Bruce 5.30 18.76 689.13 3.20 16.66 611.97
Putnam 5.25 18.71 687.29 3.15 16.61 610.13
Guelph 5.01 18.47 678.47 3.07 16.53 607.19
Burford 5.33 18.79 690.23 3.27 16.73 614.54
Port Perry 5.17 18.63 684.35 3.11 16.57 608.66
Norfolk 5.20 18.66 685.45 3.20 16.66 611.97
Palmerston 5.25 18.71 687.29 3.20 16.66 611.97
Varna 5.25 18.71 687.29 3.20 16.66 611.97
Trenton N/A 3.15 16.61 610.13
Winchester N/A 3.10 16.56 608.29
North Gower 5.50 18.96 696.48 2.90 16.36 600.94
Vankleek Hil5.73 19.19 704.93 3.26 16.72 614.17
Huron FOB 5.01 5.01 N/A 3.20 18.47 678.47 3.20 16.66 611.97
Kent FOB 5.20 18.66 685.45 3.20 16.66 611.97
Lambton FOB 4.93 18.39 675.53 N/A
Mdsx FOB 5.38 N/A N/A N/A 18.84 692.07 3.36 16.82 617.85
PROCESSORS
Windsor 5.61 19.07 700.52 3.77 17.23 632.91
TRANSFER
Hamilton 5.60 19.06 700.15 3.80 17.26 634.01
Prescott N/A 3.59 17.05 626.30
Port Colborn N/A 3.88 17.34 636.95
Toledo El. 0.53 13.99 513.87 -0.60 12.86 472.47
Exchange rate was 1.3255 up 0.0012
Chicago wheat closed slightly lower.
SEP23 HI 6.60 JUL24 HI 7.00 1/4
LOW 6.42 1/4 LOW 6.87
CLOSE 6.46 1/4 Down 3 1/4 CLOSE 6.90 1/2 Down 3
Minni wheat closed mixed.
SEP23 HI 8.65 1/4 SEP24 HI 8.06 1/2
LOW 8.43 1/2 LOW 7.92 3/4
CLOSE 8.50 1/4 Up 2 1/2 CLOSE 7.92 3/4 Down 5 3/4
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 0.75 N/A N/A N/A 0.90 N/A
London 2.29 1.43 0.77 N/A 2.49 1.30 0.90 N/A
Hensall 2.45 1.50 0.75 1.35 1.85 1.40 0.90 N/A
Trenton N/A N/A 0.85 N/A N/A N/A N/A N/A
Bruce 1.80 1.30 0.80 1.15 1.52 1.25 0.95 N/A
Essex N/A N/A 0.75 N/A N/A N/A 0.90 N/A
Norwich 2.45 N/A 0.75 N/A 1.95 N/A 0.90 N/A
Belmore 1.75 1.25 0.75 1.15 1.90 1.30 0.90 N/A
Kent Bridge 2.45 N/A 0.75 N/A 1.95 N/A 0.90 N/A
Chatham N/A N/A 0.75 N/A N/A N/A 0.90 N/A
Brigden N/A N/A 0.75 N/A N/A N/A 0.90 N/A
Palmerston 1.75 1.25 0.75 1.15 1.90 1.30 0.90 N/A
Varna 2.45 1.50 0.75 N/A 1.85 1.40 0.90 N/A
Mitchell 2.45 1.50 0.75 N/A 1.95 1.40 0.90 N/A
Thornton 2.29 1.43 0.77 1.45 2.23 1.30 0.90 N/A
North Gower N/A 0.90 1.10 1.12 N/A 0.67 0.87 0.87
W O Feed 1.96
TERMINAL
Port Colbor N/A N/A 1.43 N/A N/A N/A 1.17 N/A
PROCESSORS
Toledo FM N/A N/A 1.77 N/A N/A N/A N/A N/A
Toledo El. 6.21US 8.23CA 6.67US 8.83CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 639.13
DDG's FOB Aylm 300.00