Farm Market News - Soybean And Wheat Report For Thu, January 26
- Details
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, January 26
Exchange rate was 1.3329 down 0.0055
Chicago soybeans closed slightly to moderately higher.
MAR23 HI 15.26 1/4 NOV23 HI 13.57 3/4
LOW 15.00 LOW 13.40
CLOSE15.23 1/2 Up 21 CLOSE 13.52 1/2 Up 7 3/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +MAR23+MAR23+MAY23
CK Low 4.35 19.59 719.63 3.70 17.23 632.91
CK High 4.51 19.75 725.50 3.80 17.33 636.58
CK Average 4.48 -0.44 19.72 724.40 3.77 -0.55 17.30 635.64
Essex Cty 4.50 19.74 725.14 3.75 17.28 634.75
Mdsx Low 4.50 19.74 725.14 3.80 17.33 636.58
Mdsx High 4.55 19.79 726.97 3.85 17.38 638.42
Mdsx Average4.53 -0.41 19.76 726.06 3.82 -0.52 17.34 637.14
Hensall 4.53 19.77 726.36 3.77 17.29 635.36
Bruce 4.50 19.74 725.14 3.80 17.33 636.58
Putnam 4.50 19.74 725.14 3.80 17.33 636.58
Burford 4.62 19.86 729.55 3.88 17.41 639.52
Port Perry 4.46 19.70 723.67 3.72 17.25 633.65
Norfolk 4.50 19.74 725.14 3.80 17.33 636.58
Palmerston 4.48 19.72 724.40 N/A
Varna 4.55 19.79 726.97 3.75 17.28 634.75
Trenton 4.50 19.74 725.14 3.80 17.33 636.58
Winchester 4.36 19.60 719.99 3.75 17.28 634.75
North Gower 4.60 19.84 728.81 4.00 17.53 643.93
Vankleek Hil4.79 20.03 735.79 3.76 17.29 635.12
Huron FOB 4.55 4.55 4.60 4.71 19.79 726.97 N/A
Kent FOB 4.75 19.99 734.32 3.80 17.33 636.58
Lambton FOB 4.68 19.92 731.75 N/A
Mdsx FOB 4.65 4.79 N/A N/A 19.89 730.65 3.81 17.34 636.95
PROCESSORS
Windsor 5.02 20.26 744.24 4.19 17.72 650.91
TRANSFER
Hamilton 5.20 20.44 750.86 4.30 17.83 654.96
Prescott N/A 4.09 17.62 647.24
Port Colborn4.83 20.07 737.26 4.29 17.82 654.59
Toledo El. -0.37 14.86 546.08 -0.60 12.93 474.92
Exchange rate was 1.3329 down 0.0055
Chicago wheat closed slightly to moderately higher.
MAR23 HI 7.58 JUL23 HI 7.66 1/2
LOW 7.38 LOW 7.46 3/4
CLOSE 7.52 1/2 Up 11 1/4 CLOSE 7.62 1/2 Up 12
Minni wheat closed slightly higher.
MAR23 HI 9.25 1/2 SEP23 HI 8.85
LOW 9.07 LOW 8.74
CLOSE 9.18 Up 8 1/2 CLOSE 8.80 3/4 Up 6 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 1.25 N/A
London 2.43 2.17 1.30 N/A 2.59 1.79 1.26 N/A
Hensall 4.20 N/A 1.30 N/A 2.80 N/A 1.25 N/A
Trenton N/A N/A N/A N/A N/A N/A 1.25 N/A
Bruce 2.30 1.80 1.30 1.15 2.25 1.75 1.25 1.15
Essex N/A N/A 1.30 N/A N/A N/A 1.25 N/A
Norwich 4.20 N/A 1.30 N/A 2.80 N/A 1.25 N/A
Port Hope N/A N/A 1.30 N/A N/A N/A 1.25 N/A
Kent Bridge 4.20 N/A 1.30 N/A 2.80 N/A 1.25 N/A
Chatham N/A N/A 1.30 N/A N/A N/A 1.25 N/A
Brigden N/A N/A 1.30 N/A N/A N/A 1.25 N/A
Palmerston N/A 2.12 1.25 2.28 N/A N/A N/A N/A
Varna 4.10 2.20 1.30 N/A 2.55 1.90 1.25 N/A
Mitchell 4.20 N/A 1.30 N/A 2.80 1.90 1.25 N/A
Thornton 2.43 2.17 1.30 1.92 2.59 1.79 1.26 N/A
North Gower N/A 1.20 1.60 1.67 N/A 1.00 1.40 1.32
W O Feed 2.12
TERMINAL
Port Colbor N/A N/A 1.97 N/A N/A N/A 1.86 N/A
PROCESSORS
Toledo FM N/A N/A N/A N/A N/A N/A 2.40 N/A
Toledo El. 7.28US 9.70CA 7.38US 9.83CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 744.18
DDG's FOB Aylm 370.00