Farm Market News - Soybean And Wheat Report For Thu, December 29
- Details
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, December 29
Exchange rate was 1.3536 down 0.0043
Chicago soybeans closed slightly higher.
MAR23 HI 15.24 1/4 NOV23 HI 14.20
LOW 15.09 LOW 14.08 1/2
CLOSE15.16 1/4 Up 2 CLOSE 14.15 1/4 Up 3
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +MAR23+MAR23+MAR23
CK Low 4.80 19.96 733.50 4.20 18.35 674.34
CK High 4.82 19.98 734.23 4.25 18.40 676.18
CK Average 4.80 -0.41 19.97 733.62 4.23 -0.58 18.38 675.26
Essex Cty 4.80 19.96 733.50 4.20 18.35 674.34
Mdsx Low 4.73 19.89 730.92 4.20 18.35 674.34
Mdsx High 4.86 20.02 735.70 4.29 18.44 677.65
Mdsx Average4.80 -0.42 19.96 733.40 4.24 -0.57 18.39 675.62
Hensall 4.73 19.90 731.05 4.17 18.32 673.11
Bruce 4.70 19.86 729.82 4.10 18.25 670.66
Putnam 4.80 19.96 733.50 4.20 18.35 674.34
Burford 4.93 20.09 738.27 4.36 18.51 680.22
Port Perry 4.77 19.93 732.39 4.20 18.35 674.34
Norfolk 4.80 19.96 733.50 4.25 18.40 676.18
Palmerston 4.72 19.88 730.56 N/A
Varna 4.70 19.86 729.82 4.15 18.30 672.50
Trenton 4.73 19.89 730.92 4.30 18.45 678.01
Winchester 4.73 19.89 730.92 4.20 18.35 674.34
North Gower 4.63 19.79 727.25 4.35 18.50 679.85
Vankleek Hil5.28 20.44 751.13 4.19 18.34 673.97
Huron FOB N/A 4.92 5.12 5.19 N/A
Kent FOB 5.05 20.21 742.68 4.25 18.40 676.18
Lambton FOB 5.12 20.28 745.25 N/A
Mdsx FOB 5.05 5.26 N/A N/A 20.21 742.68 4.35 18.50 679.85
PROCESSORS
Windsor 5.51 20.67 759.58 4.64 18.79 690.51
TRANSFER
Hamilton 5.55 20.71 761.05 4.70 18.85 692.71
Prescott N/A 4.52 18.67 686.10
Port Colborn5.20 20.36 748.19 4.84 18.99 697.85
Toledo El. -0.27 14.89 547.18 -0.61 13.54 497.63
Exchange rate was 1.3536 down 0.0043
Chicago wheat closed slightly lower.
MAR23 HI 7.86 1/2 JUL23 HI 7.96 1/4
LOW 7.65 1/2 LOW 7.77
CLOSE 7.74 Down 11 1/2 CLOSE 7.85 1/4 Down 11
Minni wheat closed moderately lower.
MAR23 HI 9.33 SEP23 HI 8.98 1/2
LOW 9.12 LOW 8.82 1/4
CLOSE 9.14 Down 20 CLOSE 8.84 1/2 Down 12 3/4
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 1.30 N/A N/A N/A 1.40 N/A
London 2.70 1.76 1.28 N/A 2.88 1.79 1.38 N/A
Hensall 4.20 N/A 1.30 N/A 2.95 N/A 1.40 N/A
Trenton N/A N/A N/A N/A N/A N/A 1.45 N/A
Bruce 2.30 1.80 1.30 1.15 2.40 1.90 1.40 1.15
Essex N/A N/A 1.30 N/A N/A N/A 1.40 N/A
Norwich 4.20 N/A 1.30 N/A 2.95 N/A 1.40 N/A
Port Hope N/A N/A 1.30 N/A N/A N/A 1.40 N/A
Kent Bridge 4.20 N/A 1.30 N/A 2.95 N/A 1.40 N/A
Chatham N/A N/A 1.30 N/A N/A N/A 1.40 N/A
Brigden N/A N/A 1.30 N/A N/A N/A 1.40 N/A
Palmerston N/A N/A 0.98 2.19 N/A N/A N/A N/A
Varna 4.20 2.25 1.40 N/A 2.70 1.95 1.40 N/A
Mitchell 4.20 N/A 1.30 N/A 2.95 1.90 1.40 N/A
Thornton 2.70 1.76 1.28 2.14 2.88 1.79 1.38 N/A
North Gower N/A 1.00 1.40 1.47 N/A 1.25 1.65 1.37
W O Feed 2.29
TERMINAL
Port Colbor N/A N/A 1.75 N/A N/A N/A 1.99 N/A
PROCESSORS
Toledo FM N/A N/A 2.80 N/A N/A N/A 2.64 N/A
Toledo El. 7.54US 10.21CA 7.60US 10.29CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 733.16
DDG's FOB Aylm 360.00