Farm Market News - Soybean And Wheat Report For Thu, March 24
- Details
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, March 24
Exchange rate was 1.255 down 0.0018
Chicago soybeans closed slightly to moderately lower.
JUL22 HI 17.08 NOV22 HI 15.14
LOW 16.80 LOW 14.91 1/2
CLOSE16.82 1/4 Down 16 1/4 CLOSE 14.93 Down 15
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +JUL22+JUL22+JUL22
CK Low 3.96 20.78 763.63 3.20 18.13 666.16
CK High 4.00 20.82 765.10 3.25 18.18 668.00
CK Average 3.99 -0.24 20.82 764.89 3.22 -0.47 18.15 666.74
Essex Cty 4.00 20.82 765.10 3.20 18.13 666.16
Mdsx Low 3.95 20.77 763.26 3.20 18.13 666.16
Mdsx High 4.00 20.82 765.10 3.25 18.18 668.00
Mdsx Average3.97 -0.26 20.79 763.99 3.22 -0.47 18.15 666.90
Hensall 4.03 20.86 766.32 3.28 18.21 669.23
Bruce 4.00 20.82 765.10 3.25 18.18 668.00
Putnam 4.00 20.82 765.10 3.25 18.18 668.00
Burford 4.01 20.83 765.46 3.26 18.19 668.37
Port Perry 3.92 20.74 762.16 3.17 18.10 665.06
Norfolk 4.00 20.82 765.10 3.20 18.13 666.16
Palmerston 3.89 20.71 761.05 3.24 18.17 667.63
Varna 3.95 20.77 763.26 3.25 18.18 668.00
Trenton 4.00 20.82 765.10 3.25 18.18 668.00
Winchester 3.98 20.80 764.36 3.24 18.17 667.63
North Gower 4.20 21.02 772.44 3.35 18.28 671.68
Vankleek Hil4.37 21.19 778.69 3.28 18.21 669.10
Huron FOB 4.12 4.25 4.27 4.31 20.94 769.51 N/A
Kent FOB 4.30 21.12 776.12 3.20 18.13 666.16
Lambton FOB 4.26 21.08 774.65 3.93 18.86 692.99
Mdsx FOB 3.72 4.22 4.28 N/A 20.54 754.81 3.47 18.40 676.08
PROCESSORS
Windsor 4.72 21.54 791.55 3.55 18.48 679.02
TRANSFER
Hamilton 4.60 21.42 787.14 3.80 18.73 688.21
Prescott N/A 3.58 18.51 680.13
Port Colborn4.16 20.98 770.97 3.85 18.78 690.05
Toledo El. -0.09 16.73 614.89 -0.44 14.49 532.44
Exchange rate was 1.255 down 0.0018
Chicago wheat closed slightly to moderately lower.
JUL22 HI 11.00 1/2 SEP22 HI 10.70
LOW 10.67 LOW 10.40 3/4
CLOSE 10.74 1/2 Down 16 3/4 CLOSE 10.49 1/4 Down 12 3/4
Minni wheat closed slightly lower.
MAY22 HI 10.97 1/2 SEP22 HI 10.75 1/2
LOW 10.76 LOW 10.55 1/4
CLOSE 10.82 3/4 Down 6 1/2 CLOSE 10.59 1/4 Down 5 1/4
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 1.40 N/A
London 1.02 1.40 0.83 N/A 2.01 1.57 1.25 N/A
Hensall 1.10 N/A 1.10 N/A 2.40 N/A 1.40 N/A
Trenton N/A N/A N/A N/A N/A N/A 1.40 N/A
Bruce 1.10 1.80 1.10 N/A 2.30 1.70 1.40 1.50
Essex N/A N/A 1.10 N/A N/A N/A 1.40 N/A
Norwich 1.10 N/A 1.10 N/A 2.40 N/A 1.40 N/A
Port Hope N/A N/A 1.10 N/A N/A N/A 1.40 N/A
Kent Bridge 1.10 N/A 1.10 N/A 2.40 N/A 1.40 N/A
Chatham N/A N/A 1.10 N/A N/A N/A 1.40 N/A
Brigden N/A N/A N/A N/A N/A N/A 1.40 N/A
Palmerston N/A N/A N/A N/A N/A 1.74 1.30 N/A
Varna 1.35 1.85 1.10 N/A 2.40 1.70 1.40 N/A
Mitchell 1.10 1.80 1.10 N/A 2.40 1.70 1.40 N/A
Thornton 1.02 1.40 0.83 0.88 2.01 1.57 1.25 N/A
North Gower N/A N/A N/A N/A N/A N/A 1.20 N/A
W O Feed 2.51
TERMINAL
Port Colbor N/A N/A 1.16 N/A N/A N/A 1.71 N/A
PROCESSORS
Toledo FM N/A N/A 2.43 N/A N/A N/A 2.68 N/A
Toledo El. 10.56US 13.25CA 10.54US 13.23CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 732.94
DDG's FOB Srn & Aylm 365.00 - 370.00