Red Deer

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, June 19 Markets in the U.S. were closed for the Juneteenth holiday. Exchange rate was 1.3161 up 0.0011 Chicago soybeans closed moderately higher to higher on Friday, June 16. AUG23 HI 14.13 1/4 NOV23 HI 13.47 1/4 LOW 13.65 LOW 12.89 1/2 CLOSE14.07 1/2 Up 39 CLOSE 13.42 1/4 Up 50 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +AUG23+AUG23+NOV23 CK Low 4.89 18.97 696.84 2.93 16.35 600.85 CK High 4.90 18.98 697.21 3.10 16.52 607.10 CK Average 4.90 0.34 18.97 697.16 2.98 -0.96 16.41 602.79 Essex Cty 4.90 18.98 697.21 3.05 16.47 605.26 Mdsx Low 4.87 18.95 696.11 2.91 16.33 600.12 Mdsx High 4.90 18.98 697.21 2.95 16.37 601.59 Mdsx Average4.89 0.34 18.97 696.94 2.94 -0.99 16.36 601.22 Hensall 4.93 19.01 698.44 2.95 16.37 601.59 Bruce 4.85 18.93 695.37 2.95 16.37 601.59 Putnam 4.90 18.98 697.21 2.95 16.37 601.59 Burford 4.97 19.05 699.78 3.01 16.43 603.79 Port Perry 4.81 18.89 693.90 2.85 16.27 597.91 Norfolk 4.90 18.98 697.21 2.95 16.37 601.59 Palmerston 4.95 19.03 699.05 2.95 16.37 601.59 Varna 4.95 19.03 699.05 2.95 16.37 601.59 Trenton 4.90 18.98 697.21 2.95 16.37 601.59 Winchester N/A 3.10 16.52 607.10 North Gower 4.24 18.32 672.96 3.00 16.42 603.42 Vankleek Hil3.94 18.02 661.94 3.45 16.87 619.96 Huron FOB 5.08 5.25 5.34 N/A 19.16 703.83 N/A Kent FOB 5.15 19.23 706.40 2.95 16.37 601.59 Lambton FOB 4.93 19.01 698.31 N/A Mdsx FOB 5.15 5.35 N/A N/A 19.23 706.40 3.31 16.73 614.81 PROCESSORS Windsor 5.49 19.57 718.89 3.75 17.17 630.98 TRANSFER Hamilton 5.55 19.63 721.10 3.55 16.97 623.63 Prescott N/A 3.75 17.17 630.98 Port Colborn N/A 3.69 17.11 628.78 Toledo El. 0.79 14.86 546.18 -0.59 12.83 471.43 Exchange rate was 1.3161 up 0.0011 Chicago wheat closed higher on Friday. JUL23 HI 6.97 JUL23 HI 6.97 LOW 6.56 LOW 6.56 CLOSE 6.88 Up 26 1/2 CLOSE 6.88 Up 26 1/2 Minni wheat closed higher on Friday. JUL23 HI 8.61 SEP23 HI 8.63 1/4 LOW 8.29 1/4 LOW 8.29 1/4 CLOSE 8.53 1/2 Up 20 3/4 CLOSE 8.56 1/2 Up 23 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 1.25 N/A N/A N/A 0.80 N/A London 2.10 1.64 1.31 N/A 2.30 1.44 0.88 N/A Hensall 2.35 1.95 1.25 1.45 2.50 1.55 0.80 1.35 Trenton N/A N/A N/A N/A N/A N/A 0.85 N/A Bruce 2.20 1.70 1.20 1.15 1.80 1.30 0.80 1.15 Essex N/A N/A 1.35 N/A N/A N/A 0.89 N/A Norwich N/A N/A 1.25 N/A 2.55 N/A 0.80 N/A Belmore N/A 1.65 1.25 1.15 1.80 1.30 0.80 1.15 Kent Bridge N/A N/A 1.25 N/A 2.55 N/A 0.80 N/A Chatham N/A N/A 1.35 N/A N/A N/A 0.89 N/A Brigden N/A N/A 1.35 N/A N/A N/A 0.89 N/A Palmerston N/A 1.65 1.25 1.15 1.80 1.30 0.80 1.15 Varna 2.35 1.95 1.25 N/A 2.50 1.55 0.80 N/A Mitchell N/A N/A 1.25 N/A 2.55 1.55 0.80 N/A Thornton 2.10 1.64 1.31 1.39 2.30 1.44 0.88 N/A North Gower N/A 1.10 1.40 1.42 N/A 0.85 1.05 1.07 W O Feed 2.29 TERMINAL Port Colbor N/A N/A 1.90 N/A N/A N/A 1.44 N/A PROCESSORS Toledo FM N/A N/A 1.98 N/A N/A N/A 1.98 N/A Toledo El. 6.63US 8.73CA 6.63US 8.73CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 651.92 DDG's FOB Aylm 300.00