Farm Market News - Soybean And Wheat Report For Thu, September 21
- Details
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, September 21
Exchange rate was 1.3451 up 0.0030
Chicago soybeans closed moderately lower.
NOV23 HI 13.22 NOV23 HI 13.22
LOW 12.93 LOW 12.93
CLOSE12.93 3/4 Down 26 1/4 CLOSE 12.93 3/4 Down 26 1/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +NOV23+NOV23+JAN24
CK Low 4.00 16.94 622.35 3.45 16.39 602.14
CK High 4.40 17.34 637.04 3.60 16.54 607.65
CK Average 4.20 -0.20 17.14 629.77 3.54 -0.69 16.48 605.44
Essex Cty 4.35 17.29 635.21 3.55 16.49 605.81
Mdsx Low 4.00 16.94 622.35 3.50 16.44 603.97
Mdsx High 4.25 17.19 631.53 3.56 16.50 606.18
Mdsx Average4.16 -0.22 17.10 628.35 3.53 -0.70 16.47 604.99
Hensall 4.15 17.09 627.86 3.55 16.49 605.81
Bruce N/A 3.55 16.49 605.81
Putnam 4.00 16.94 622.35 3.55 16.49 605.81
Guelph N/A 3.57 16.51 606.55
Burford 4.32 17.26 634.10 3.64 16.58 609.12
Port Perry 4.21 17.15 630.06 3.53 16.47 605.08
Norfolk N/A 3.55 16.49 605.81
Palmerston N/A 3.50 16.44 603.97
Varna 4.30 17.24 633.37 3.55 16.49 605.81
Trenton N/A 3.50 16.44 603.97
Winchester N/A 3.50 16.44 603.97
North Gower 4.50 17.44 640.72 3.80 16.74 615.00
Vankleek Hil4.49 17.43 640.35 3.54 16.48 605.44
Huron FOB 4.40 3.55 3.55 3.65 17.34 637.04 3.55 16.49 605.81
Kent FOB N/A 3.50 16.44 603.97
Lambton FOB N/A 3.60 16.54 607.65
Mdsx FOB 4.05 3.62 3.74 3.87 16.99 624.18 3.62 16.56 608.38
PROCESSORS
Windsor 3.95 16.89 620.51 3.99 16.93 621.98
TRANSFER
Hamilton N/A 4.10 17.04 626.02
Prescott N/A 4.07 17.01 624.92
Port Colborn N/A 4.27 17.21 632.27
Toledo El. -0.94 12.00 440.78 -0.94 12.00 440.78
Exchange rate was 1.3451 up 0.0030
Chicago wheat closed moderately lower.
DEC23 HI 5.90 1/4 JUL24 HI 6.40
LOW 5.75 LOW 6.28
CLOSE 5.75 3/4 Down 13 CLOSE 6.28 3/4 Down 10 3/4
Minni wheat closed moderately lower.
DEC23 HI 7.84 3/4 SEP24 HI 7.96
LOW 7.66 1/4 LOW 7.89 3/4
CLOSE 7.67 1/2 Down 16 CLOSE 7.89 3/4 Down 14
Direct MarkHarvest 2023 Harvest 2024
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 0.55 N/A N/A N/A 0.85 N/A
London 1.29 1.29 0.55 N/A 1.44 1.34 0.80 N/A
Hensall 1.60 1.30 0.55 1.15 1.70 1.50 0.85 N/A
Trenton N/A N/A 0.50 N/A N/A N/A N/A N/A
Bruce 1.35 1.05 0.55 1.00 1.35 1.35 0.85 N/A
Essex N/A N/A 0.50 N/A N/A N/A 0.90 N/A
Norwich 1.65 N/A 0.55 N/A 1.75 N/A 0.85 N/A
Belmore 1.60 1.10 0.50 1.20 1.70 1.15 0.85 N/A
Kent Bridge 1.65 N/A 0.45 N/A 1.75 N/A 0.85 N/A
Chatham N/A N/A 0.50 N/A N/A N/A 0.90 N/A
Brigden N/A N/A 0.40 N/A N/A N/A 0.90 N/A
Palmerston 1.60 1.10 0.50 1.20 1.70 1.15 0.85 N/A
Varna 1.60 1.30 0.55 N/A 1.70 1.50 0.85 N/A
Mitchell 1.65 1.30 0.55 N/A 1.75 1.50 0.85 N/A
Thornton 1.29 1.29 0.55 1.10 1.44 1.34 0.80 N/A
North Gower N/A 0.50 0.70 1.05 N/A 0.72 1.02 0.87
W O Feed 1.29
TERMINAL
Port Colbor N/A N/A 1.09 N/A N/A N/A 1.27 N/A
PROCESSORS
Toledo FM N/A N/A 1.52 N/A N/A N/A N/A N/A
Toledo El. 5.21US 7.00CA 6.05US 8.13CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 659.52
DDG's FOB Aylm -