Farm Market News - Soybean And Wheat Report For Mon, June 6
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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, June 6
Exchange rate was 1.258 down 0.0011
Chicago soybeans closed mixed.
JUL22 HI 17.17 3/4 NOV22 HI 15.43
LOW 16.90 LOW 15.22 1/4
CLOSE16.99 1/4 Up 1 1/2 CLOSE 15.33 1/2 Up 6 1/2
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +JUL22+SEP22+NOV22
CK Low 4.31 21.30 782.73 3.35 18.69 686.56
CK High 4.45 21.44 787.88 3.45 18.79 690.23
CK Average 4.36 -0.02 21.35 784.52 3.37 -0.47 18.70 687.13
Essex Cty 4.35 21.34 784.20 3.35 18.69 686.56
Mdsx Low 4.25 21.24 780.53 3.30 18.64 684.72
Mdsx High 4.35 21.34 784.20 3.38 18.72 687.66
Mdsx Average4.31 -0.06 21.30 782.73 3.34 -0.49 18.68 686.31
Hensall 4.32 21.31 782.98 3.37 18.70 687.17
Bruce 4.30 21.29 782.37 3.30 18.64 684.72
Putnam 4.35 21.34 784.20 3.40 18.74 688.39
Burford 4.39 21.38 785.67 3.44 18.78 689.86
Port Perry 4.24 21.23 780.16 3.29 18.63 684.35
Norfolk 4.35 21.34 784.20 3.40 18.74 688.39
Palmerston 4.50 21.49 789.71 3.46 18.80 690.60
Varna 4.30 21.29 782.37 3.35 18.69 686.56
Trenton N/A 3.50 18.84 692.07
Winchester 4.44 21.43 787.51 3.44 18.78 689.86
North Gower 4.40 21.39 786.04 3.50 18.84 692.07
Vankleek Hil4.32 21.31 783.10 3.29 18.63 684.35
Huron FOB 4.25 4.25 4.34 3.38 21.24 780.53 3.38 18.72 687.66
Kent FOB 4.35 21.34 784.20 3.35 18.69 686.56
Lambton FOB 4.50 21.49 789.71 N/A
Mdsx FOB 4.31 4.50 N/A N/A 21.30 782.73 3.57 18.91 694.64
PROCESSORS
Windsor 4.95 21.94 806.25 3.74 19.08 700.89
TRANSFER
Hamilton 4.85 21.84 802.57 4.05 19.39 712.28
Prescott N/A 3.81 19.15 703.46
Port Colborn N/A 4.11 19.45 714.48
Toledo El. 0.31 17.31 635.92 -0.44 14.89 547.29
Exchange rate was 1.258 down 0.0011
Chicago wheat closed sharply higher.
JUL22 HI 11.08 3/4 SEP22 HI 11.19 1/2
LOW 10.60 LOW 10.72
CLOSE 10.93 Up 53 CLOSE 11.04 1/2 Up 52 3/4
Minni wheat closed higher.
JUL22 HI 12.48 SEP22 HI 12.48
LOW 12.01 1/2 LOW 12.02 1/4
CLOSE 12.30 1/2 Up 38 3/4 CLOSE 12.30 1/2 Up 37
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 2.05 N/A
London 1.91 2.23 1.66 N/A 2.43 2.24 1.74 N/A
Hensall 1.90 N/A 1.90 N/A 3.05 N/A 2.05 N/A
Trenton N/A N/A N/A N/A N/A N/A 2.15 N/A
Bruce 1.90 2.40 1.90 N/A 2.95 2.40 2.05 1.40
Essex N/A N/A 1.70 N/A N/A N/A 1.85 N/A
Norwich 1.90 N/A 1.90 N/A 3.05 N/A 2.05 N/A
Port Hope N/A N/A N/A N/A N/A N/A 2.05 N/A
Kent Bridge 1.90 N/A 1.90 N/A 3.05 N/A 2.05 N/A
Chatham N/A N/A 1.70 N/A N/A N/A 1.85 N/A
Brigden N/A N/A 1.70 N/A N/A N/A 1.85 N/A
Palmerston N/A 2.56 2.00 2.41 N/A 2.59 2.16 N/A
Varna 2.00 2.50 1.75 N/A 2.80 2.25 1.90 N/A
Mitchell 1.90 2.60 1.90 N/A 3.05 2.40 2.05 N/A
Thornton 1.91 2.23 1.66 1.42 2.43 2.24 1.74 N/A
North Gower N/A N/A N/A N/A N/A N/A 2.05 N/A
W O Feed 2.43
TERMINAL
Port Colbor N/A N/A 2.11 N/A N/A N/A 2.13 N/A
PROCESSORS
Toledo FM N/A N/A 2.97 N/A N/A N/A 2.85 N/A
Toledo El. 10.78US 13.56CA 10.78US 13.56CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 663.71
DDG's FOB Srn & Aylm 375.00 - 380.00