Farm Market News - Soybean And Wheat Report For Thu, November 10
- Details
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, November 10
Exchange rate was 1.336 down 0.0175
Chicago soybeans closed moderately lower.
JAN23 HI 14.59 1/4 NOV23 HI 13.90 3/4
LOW 14.20 1/2 LOW 13.61 3/4
CLOSE14.23 Down 29 CLOSE 13.65 Down 21 1/2
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +JAN23+JAN23+MAR23
CK Low 4.45 18.68 686.37 3.85 17.50 643.01
CK High 4.65 18.88 693.72 4.15 17.80 654.04
CK Average 4.54 -0.18 18.77 689.52 3.95 -0.48 17.60 646.74
Essex Cty 4.50 18.73 688.21 3.85 17.50 643.01
Mdsx Low 4.45 18.68 686.37 3.90 17.55 644.85
Mdsx High 4.65 18.88 693.72 4.15 17.80 654.04
Mdsx Average4.55 -0.18 18.78 689.96 3.99 -0.45 17.64 648.07
Hensall 4.48 18.71 687.60 3.97 17.62 647.30
Bruce 4.55 18.78 690.05 4.00 17.65 648.53
Putnam 4.45 18.68 686.37 3.90 17.55 644.85
Burford 4.66 18.89 694.09 4.07 17.72 651.10
Port Perry 4.50 18.73 688.21 3.91 17.56 645.22
Norfolk 4.50 18.73 688.21 3.90 17.55 644.85
Palmerston 4.39 18.62 684.17 N/A
Varna 4.50 18.73 688.21 4.00 17.65 648.53
Trenton 4.55 18.78 690.05 4.00 17.65 648.53
Winchester 4.82 19.05 699.97 4.08 17.73 651.47
North Gower 4.35 18.58 682.70 4.00 17.65 648.53
Vankleek Hil3.94 18.17 667.63 4.38 18.03 662.49
Huron FOB N/A 4.62 4.62 4.36 N/A
Kent FOB 4.85 19.08 701.07 4.10 17.75 652.20
Lambton FOB 4.35 18.58 682.70 N/A
Mdsx FOB 4.74 N/A N/A N/A 18.97 697.03 N/A
PROCESSORS
Windsor N/A 4.51 18.16 667.27
TRANSFER
Hamilton 5.15 19.38 712.09 4.35 18.00 661.39
Prescott 4.79 19.02 698.87 4.11 17.76 652.57
Port Colborn5.18 19.41 713.20 4.41 18.06 663.59
Toledo El. -0.36 13.87 509.61 -0.60 13.05 479.46
Exchange rate was 1.336 down 0.0175
Chicago wheat closed slightly lower.
DEC22 HI 8.15 3/4 JUL23 HI 8.53 3/4
LOW 7.95 1/2 LOW 8.35 1/4
CLOSE 8.03 1/2 Down 3 CLOSE 8.43 1/4 Down 1 1/2
Minni wheat closed slightly lower.
DEC22 HI 9.45 3/4 SEP23 HI 9.36 1/2
LOW 9.29 LOW 9.24
CLOSE 9.31 1/2 Down 6 3/4 CLOSE 9.28 Down 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 1.60 N/A N/A N/A 1.55 N/A
London 3.23 2.02 1.49 N/A 2.95 1.88 1.48 N/A
Hensall 4.30 N/A 1.60 N/A 3.00 N/A 1.55 N/A
Trenton N/A N/A N/A N/A N/A N/A 1.65 N/A
Bruce 2.55 2.05 1.50 1.15 2.55 2.05 1.50 1.15
Essex N/A N/A 1.60 N/A N/A N/A 1.55 N/A
Norwich 4.30 N/A 1.60 N/A 3.00 N/A 1.55 N/A
Port Hope N/A N/A 1.60 N/A N/A N/A 1.55 N/A
Kent Bridge 4.30 N/A 1.60 N/A 3.00 N/A 1.55 N/A
Chatham N/A N/A 1.60 N/A N/A N/A 1.55 N/A
Brigden N/A N/A 1.60 N/A N/A N/A 1.55 N/A
Palmerston N/A 2.18 1.37 2.01 N/A N/A N/A N/A
Varna 4.05 2.40 1.55 N/A 2.70 2.05 1.50 N/A
Mitchell 4.30 N/A 1.60 N/A 3.00 2.15 1.55 N/A
Thornton 3.23 2.02 1.49 2.06 2.95 1.88 1.48 N/A
North Gower N/A 1.00 1.40 1.27 N/A 1.15 1.55 1.22
W O Feed 2.41
TERMINAL
Port Colbor N/A N/A 1.62 N/A N/A N/A 1.95 N/A
PROCESSORS
Toledo FM N/A N/A 2.63 N/A N/A N/A 2.70 N/A
Toledo El. 7.74US 10.33CA 8.18US 10.93CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 695.68
DDG's FOB Aylm 360.00