Red Deer

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, September 18 Exchange rate was 1.3473 down 0.0031 Chicago soybeans closed moderately lower. NOV23 HI 13.44 1/2 NOV23 HI 13.44 1/2 LOW 13.15 1/2 LOW 13.15 1/2 CLOSE13.16 3/4 Down 23 1/2 CLOSE 13.16 3/4 Down 23 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV23+NOV23+JAN24 CK Low 4.35 17.52 643.66 3.50 16.67 612.43 CK High 4.50 17.67 649.17 3.80 16.97 623.45 CK Average 4.46 -0.08 17.63 647.70 3.67 -0.67 16.84 618.62 Essex Cty 4.45 17.62 647.33 3.70 16.87 619.77 Mdsx Low 4.33 17.50 642.92 3.60 16.77 616.10 Mdsx High 4.55 17.72 651.01 3.80 16.97 623.45 Mdsx Average4.46 -0.08 17.63 647.70 3.69 -0.66 16.86 619.41 Hensall 4.50 17.67 649.17 3.70 16.87 619.77 Bruce N/A 3.75 16.92 621.61 Putnam 4.50 17.67 649.17 3.70 16.87 619.77 Guelph 4.58 17.75 652.11 3.63 16.80 617.20 Burford 4.41 17.58 645.86 3.74 16.91 621.24 Port Perry 4.30 17.47 641.82 3.63 16.80 617.20 Norfolk N/A 3.65 16.82 617.94 Palmerston 4.50 17.67 649.17 3.70 16.87 619.77 Varna 4.50 17.67 649.17 3.70 16.87 619.77 Trenton N/A 3.60 16.77 616.10 Winchester N/A 3.75 16.92 621.61 North Gower 4.50 17.67 649.17 3.80 16.97 623.45 Vankleek Hil4.60 17.77 652.84 3.64 16.81 617.57 Huron FOB 4.57 3.70 3.70 3.76 17.74 651.74 3.70 16.87 619.77 Kent FOB N/A 3.60 16.77 616.10 Lambton FOB N/A 3.90 17.07 627.12 Mdsx FOB 4.55 3.72 3.84 3.96 17.72 651.01 3.72 16.89 620.51 PROCESSORS Windsor 4.06 17.23 633.00 4.16 17.33 636.68 TRANSFER Hamilton 5.15 18.32 673.05 4.30 17.47 641.82 Prescott N/A 4.18 17.35 637.41 Port Colborn N/A 4.37 17.54 644.39 Toledo El. -0.47 12.70 466.50 -0.94 12.22 449.17 Exchange rate was 1.3473 down 0.0031 Chicago wheat closed moderately lower. DEC23 HI 6.04 1/4 JUL24 HI 6.50 3/4 LOW 5.87 LOW 6.38 1/4 CLOSE 5.91 1/4 Down 13 CLOSE 6.40 1/2 Down 11 1/2 Minni wheat closed moderately lower. DEC23 HI 7.86 SEP24 HI 7.98 1/4 LOW 7.73 3/4 LOW 7.97 1/2 CLOSE 7.77 1/2 Down 11 1/2 CLOSE 7.98 1/4 Down 10 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 0.45 N/A N/A N/A 0.90 N/A London 1.33 1.13 0.45 N/A 1.46 1.37 0.83 N/A Hensall 1.65 1.40 0.60 1.20 1.70 1.50 0.85 N/A Trenton N/A N/A 0.60 N/A N/A N/A N/A N/A Bruce 1.30 1.00 0.50 1.00 1.35 1.35 0.85 N/A Essex N/A N/A 0.45 N/A N/A N/A 0.85 N/A Norwich 1.65 N/A 0.45 N/A 1.80 N/A 0.90 N/A Belmore 1.60 1.10 0.60 1.20 1.70 1.15 0.85 N/A Kent Bridge 1.65 N/A 0.45 N/A 1.80 N/A 0.90 N/A Chatham N/A N/A 0.45 N/A N/A N/A 0.85 N/A Brigden N/A N/A 0.35 N/A N/A N/A 0.85 N/A Palmerston 1.60 1.10 0.60 1.20 1.70 1.15 0.85 N/A Varna 1.65 1.40 0.60 N/A 1.70 1.50 0.85 N/A Mitchell 1.65 1.30 0.45 N/A 1.80 1.50 0.90 N/A Thornton 1.33 1.13 0.45 1.10 1.46 1.37 0.83 N/A North Gower N/A 0.50 0.70 1.05 N/A 0.71 1.01 0.87 W O Feed 1.38 TERMINAL Port Colbor N/A N/A 0.99 N/A N/A N/A 1.30 N/A PROCESSORS Toledo FM N/A N/A 1.58 N/A N/A N/A N/A N/A Toledo El. 5.36US 7.23CA 6.17US 8.31CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 659.63 DDG's FOB Aylm -