Farm Market News - Soybean And Wheat Report For Mon, June 27
- Details
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, June 27
Exchange rate was 1.2874 down 0.0033
Chicago soybeans closed steady to slightly higher.
AUG22 HI 15.36 1/4 NOV22 HI 14.41 1/4
LOW 15.04 LOW 14.00 1/2
CLOSE15.29 1/2 Up 8 3/4 CLOSE 14.32 3/4 Up 8 1/2
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +AUG22+AUG22+NOV22
CK Low 4.70 20.00 734.69 3.65 17.98 660.56
CK High 5.30 20.60 756.74 3.75 18.08 664.23
CK Average 5.21 0.63 20.51 753.43 3.71 -0.32 18.03 662.66
Essex Cty 5.30 20.60 756.74 3.70 18.03 662.40
Mdsx Low 5.00 20.30 745.71 3.50 17.83 655.05
Mdsx High 5.30 20.60 756.74 3.75 18.08 664.23
Mdsx Average5.20 0.62 20.49 752.94 3.66 -0.36 17.98 660.81
Hensall 5.30 20.60 756.74 3.78 18.11 665.46
Bruce 5.30 20.60 756.74 3.75 18.08 664.23
Putnam 5.30 20.60 756.74 3.75 18.08 664.23
Burford 5.35 20.65 758.57 3.78 18.11 665.34
Port Perry 5.26 20.56 755.27 3.69 18.02 662.03
Norfolk 5.30 20.60 756.74 3.80 18.13 666.07
Palmerston 5.43 20.73 761.51 3.73 18.06 663.50
Varna 5.30 20.60 756.74 3.80 18.13 666.07
Trenton N/A 3.75 18.08 664.23
Winchester 4.71 20.01 735.06 3.65 17.98 660.56
North Gower 5.00 20.30 745.71 3.80 18.13 666.07
Vankleek Hil3.34 18.64 684.72 3.41 17.74 651.74
Huron FOB 5.32 5.39 5.39 3.63 20.62 757.47 3.63 17.96 659.83
Kent FOB 5.35 20.65 758.57 3.75 18.08 664.23
Lambton FOB 5.12 20.42 750.12 N/A
Mdsx FOB 5.19 5.52 5.52 N/A 20.49 752.69 3.95 18.28 671.58
PROCESSORS
Windsor 5.68 20.98 770.70 4.04 18.37 674.89
TRANSFER
Hamilton 5.80 21.10 775.11 4.45 18.78 689.96
Prescott N/A 3.99 18.32 673.05
Port Colborn N/A 4.39 18.72 687.75
Toledo El. 1.09 16.39 602.20 -0.45 13.88 509.89
Exchange rate was 1.2874 down 0.0033
Chicago wheat closed moderately lower.
SEP22 HI 9.52 1/4 JUL23 HI 9.60 1/2
LOW 9.13 1/2 LOW 9.22 3/4
CLOSE 9.17 1/2 Down 19 CLOSE 9.30 1/2 Down 16 1/4
Minni wheat closed moderately lower to lower.
SEP22 HI 10.77 1/2 SEP23 HI 9.95 1/4
LOW 10.40 3/4 LOW 9.69 1/4
CLOSE 10.44 1/2 Down 26 CLOSE 9.69 1/4 Down 21
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 2.05 N/A N/A N/A 1.85 N/A
London 2.90 2.19 1.80 N/A 2.29 1.84 1.45 N/A
Hensall 3.10 N/A 2.05 N/A 2.50 N/A 1.85 N/A
Trenton N/A N/A 2.05 N/A N/A N/A 1.85 N/A
Bruce 3.00 2.40 2.00 1.50 2.40 2.15 1.85 N/A
Essex N/A N/A 1.85 N/A N/A N/A 1.70 N/A
Norwich 3.10 N/A 2.05 N/A 2.50 N/A 1.85 N/A
Port Hope N/A N/A 2.05 N/A N/A N/A 1.85 N/A
Kent Bridge 3.10 N/A 2.05 N/A 2.50 N/A 1.85 N/A
Chatham N/A N/A 1.85 N/A N/A N/A 1.75 N/A
Brigden N/A N/A 1.85 N/A N/A N/A 1.75 N/A
Palmerston N/A 2.39 1.81 N/A N/A N/A 1.57 N/A
Varna 3.05 2.55 2.00 N/A 2.40 2.15 1.85 N/A
Mitchell 3.10 2.40 2.05 N/A 2.50 2.15 1.85 N/A
Thornton 2.90 2.19 1.80 2.06 2.29 1.84 1.45 N/A
North Gower N/A N/A 1.90 N/A N/A N/A 1.80 N/A
W O Feed N/A
TERMINAL
Port Colbor N/A N/A 2.26 N/A N/A N/A 1.85 N/A
PROCESSORS
Toledo FM N/A N/A 2.64 N/A N/A N/A N/A N/A
Toledo El. 8.89US 11.44CA N/A
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 708.47
DDG's FOB Srn & Aylm 340.00 - 350.00