Farm Market News - Soybean And Wheat Report For Thu, March 31
- Details
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, March 31
Exchange rate was 1.2488 up 0.0008
Chicago soybeans closed moderately lower to lower.
JUL22 HI 16.57 1/4 NOV22 HI 14.82
LOW 15.94 1/4 LOW 14.18 1/4
CLOSE15.98 Down 44 1/2 CLOSE 14.20 1/2 Down 49 3/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +JUL22+JUL22+JUL22
CK Low 3.70 19.68 723.12 2.90 17.11 628.50
CK High 3.95 19.93 732.30 3.15 17.36 637.69
CK Average 3.83 -0.12 19.81 727.79 3.01 -0.42 17.22 632.60
Essex Cty 3.80 19.78 726.79 2.95 17.16 630.34
Mdsx Low 3.80 19.78 726.79 3.00 17.21 632.18
Mdsx High 3.94 19.92 731.93 3.13 17.34 636.95
Mdsx Average3.86 -0.09 19.84 729.12 3.06 -0.38 17.27 634.38
Hensall 3.83 19.81 728.02 3.03 17.24 633.40
Bruce 3.90 19.88 730.46 3.05 17.26 634.01
Putnam 3.80 19.78 726.79 2.90 17.11 628.50
Burford 3.99 19.97 733.77 3.18 17.39 638.79
Port Perry 3.89 19.87 730.10 3.08 17.29 635.12
Norfolk 3.80 19.78 726.79 3.00 17.21 632.18
Palmerston 3.66 19.64 721.65 2.92 17.13 629.24
Varna 3.85 19.83 728.63 3.10 17.31 635.85
Trenton 3.80 19.78 726.79 3.10 17.31 635.85
Winchester 3.79 19.77 726.42 3.08 17.29 635.12
North Gower 4.10 20.08 737.81 3.20 17.41 639.52
Vankleek Hil4.07 20.05 736.71 3.07 17.28 634.75
Huron FOB 3.90 4.03 4.05 4.09 19.88 730.46 N/A
Kent FOB 4.20 20.18 741.49 3.15 17.36 637.69
Lambton FOB 4.26 20.24 743.69 3.93 18.14 666.35
Mdsx FOB 3.51 4.14 4.08 N/A 19.49 716.13 3.33 17.54 644.30
PROCESSORS
Windsor 4.42 20.40 749.57 3.30 17.51 643.20
TRANSFER
Hamilton 4.50 20.48 752.51 3.70 17.91 657.90
Prescott N/A 3.32 17.53 643.93
Port Colborn4.58 20.56 755.45 3.77 17.98 660.47
Toledo El. -0.06 15.92 584.87 -0.44 13.77 505.88
Exchange rate was 1.2488 up 0.0008
Chicago wheat closed slightly to moderately lower.
JUL22 HI 10.68 3/4 SEP22 HI 10.50
LOW 10.00 LOW 9.87
CLOSE 10.02 Down 21 CLOSE 9.89 Down 19 1/4
Minni wheat closed slightly to moderately higher.
MAY22 HI 11.16 1/4 SEP22 HI 10.86
LOW 10.55 1/4 LOW 10.35
CLOSE 10.79 1/2 Up 21 1/2 CLOSE 10.46 1/2 Up 9
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 1.50 N/A
London 1.02 1.65 1.27 N/A 1.97 1.72 1.41 N/A
Hensall 1.20 N/A 1.20 N/A 2.50 N/A 1.50 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 1.20 N/A N/A N/A 1.50 N/A
Norwich 1.20 N/A 1.20 N/A 2.50 N/A 1.50 N/A
Port Hope N/A N/A 1.20 N/A N/A N/A 1.50 N/A
Kent Bridge 1.20 N/A 1.20 N/A 2.50 N/A 1.50 N/A
Chatham N/A N/A 1.20 N/A N/A N/A 1.50 N/A
Brigden N/A N/A N/A N/A N/A N/A 1.50 N/A
Palmerston N/A N/A N/A N/A N/A 1.56 1.56 N/A
Varna 1.45 1.95 1.20 N/A 2.40 1.80 1.50 N/A
Mitchell 1.20 1.90 1.20 N/A 2.50 1.80 1.50 N/A
Thornton 1.02 1.65 1.27 0.44 1.97 1.72 1.41 N/A
North Gower N/A N/A N/A N/A N/A N/A 1.25 N/A
W O Feed 2.26
TERMINAL
Port Colbor N/A N/A 1.79 N/A N/A N/A 1.86 N/A
PROCESSORS
Toledo FM N/A N/A 2.33 N/A N/A N/A 2.46 N/A
Toledo El. 9.76US 12.19CA 9.82US 12.26CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 711.55
DDG's FOB Srn & Aylm 370.00 - 380.00