Farm Market News - Soybean And Wheat Report For Thu, September 1
- Details
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, September 1
Exchange rate was 1.3165 up 0.0041
Chicago soybeans closed moderately lower.
NOV22 HI 14.33 NOV22 HI 14.33
LOW 13.90 LOW 13.90
CLOSE13.94 3/4 Down 27 3/4 CLOSE 13.94 3/4 Down 27 3/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +NOV22+NOV22+JAN23
CK Low 5.08 19.03 699.14 4.00 17.95 659.46
CK High 5.40 19.35 710.90 4.15 18.10 664.97
CK Average 5.32 0.69 19.27 707.96 4.09 -0.25 18.04 662.82
Essex Cty N/A 4.00 17.95 659.46
Mdsx Low 5.13 19.08 700.98 4.00 17.95 659.46
Mdsx High 5.13 19.08 700.98 4.14 18.09 664.60
Mdsx Average5.13 0.54 19.08 700.98 4.08 -0.25 18.03 662.40
Hensall 5.37 19.31 709.67 4.10 18.05 663.13
Bruce 5.20 19.15 703.55 4.10 18.05 663.13
Putnam 5.40 19.35 710.90 4.10 18.05 663.13
Burford 5.19 19.14 703.18 4.20 18.15 666.81
Port Perry 5.07 19.02 698.77 4.08 18.03 662.40
Norfolk N/A 4.10 18.05 663.13
Palmerston N/A 4.09 18.04 662.76
Varna 5.35 19.30 709.06 4.10 18.05 663.13
Trenton N/A 3.95 17.90 657.62
Winchester N/A 4.15 18.10 664.97
North Gower N/A 4.00 17.95 659.46
Vankleek Hil5.82 19.77 726.33 3.89 17.84 655.42
Huron FOB N/A N/A 4.27 4.05 4.20 18.15 666.81
Kent FOB N/A 4.10 18.05 663.13
Lambton FOB 4.05 18.00 661.29 4.20 18.15 666.81
Mdsx FOB 4.83 4.35 4.35 N/A 18.78 689.96 4.35 18.30 672.32
PROCESSORS
Windsor N/A 4.46 18.41 676.36
TRANSFER
Hamilton N/A 4.75 18.70 687.02
Prescott N/A 4.43 18.38 675.26
Port Colborn N/A 4.88 18.83 691.79
Toledo El. 0.33 14.28 524.58 -0.39 13.55 497.97
Exchange rate was 1.3165 up 0.0041
Chicago wheat closed lower.
DEC22 HI 8.35 JUL23 HI 8.59 3/4
LOW 7.91 1/4 LOW 8.20 1/4
CLOSE 7.94 1/4 Down 37 1/4 CLOSE 8.23 Down 35 1/4
Minni wheat closed lower.
DEC22 HI 9.28 3/4 SEP23 HI 9.09
LOW 8.83 LOW 8.85 3/4
CLOSE 8.86 1/2 Down 43 CLOSE 8.87 1/4 Down 34
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 1.15 N/A N/A N/A 1.40 N/A
London 3.01 1.96 1.10 N/A 2.75 2.09 1.44 N/A
Hensall 3.75 N/A 1.15 N/A 2.55 N/A 1.40 N/A
Trenton N/A N/A 1.00 N/A N/A N/A 1.40 N/A
Bruce 2.00 1.70 1.15 1.00 2.00 1.90 1.40 N/A
Essex N/A N/A 1.15 N/A N/A N/A 1.40 N/A
Norwich 3.75 N/A 1.15 N/A 2.55 N/A 1.40 N/A
Port Hope N/A N/A 1.00 N/A N/A N/A 1.40 N/A
Kent Bridge 3.75 N/A 1.15 N/A 2.55 N/A 1.40 N/A
Chatham N/A N/A 1.15 N/A N/A N/A 1.45 N/A
Brigden N/A N/A 1.15 N/A N/A N/A 1.45 N/A
Palmerston N/A 2.51 1.26 2.28 N/A N/A 1.61 N/A
Varna 2.55 1.90 1.20 N/A 2.55 2.00 1.45 N/A
Mitchell 3.75 2.00 1.15 N/A 2.55 2.00 1.40 N/A
Thornton 3.01 1.96 1.10 1.97 2.75 2.09 1.44 N/A
North Gower N/A 0.75 1.15 1.12 N/A 0.95 1.35 0.87
W O Feed 2.00
TERMINAL
Port Colbor N/A N/A 1.63 N/A N/A N/A 1.83 N/A
PROCESSORS
Toledo FM N/A N/A 2.20 N/A N/A N/A 2.47 N/A
Toledo El. 7.55US 9.94CA 8.13US 10.70CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 785.52
DDG's FOB Srn & Aylm 280.00 - 310.00