Farm Market News - Soybean And Wheat Report For Tue, August 15
- Details
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, August 15
Exchange rate was 1.3465 up 0.0028
Chicago soybeans closed slightly to moderately lower.
NOV23 HI 13.34 1/2 NOV23 HI 13.34 1/2
LOW 13.03 LOW 13.03
CLOSE13.05 1/4 Down 20 3/4 CLOSE 13.05 1/4 Down 20 3/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +NOV23+NOV23+NOV23
CK Low 5.14 18.19 668.46 3.35 16.40 602.69
CK High 5.20 18.25 670.66 3.45 16.50 606.36
CK Average 5.19 0.50 18.24 670.35 3.40 -0.84 16.45 604.47
Essex Cty 5.20 18.25 670.66 3.45 16.50 606.36
Mdsx Low 5.10 18.15 666.99 3.30 16.35 600.85
Mdsx High 5.20 18.25 670.66 3.40 16.45 604.53
Mdsx Average5.16 0.47 18.21 669.01 3.37 -0.86 16.42 603.33
Hensall 5.17 18.22 669.44 3.33 16.39 602.08
Bruce 5.10 18.15 666.99 3.40 16.45 604.53
Putnam 5.20 18.25 670.66 3.40 16.45 604.53
Guelph 5.19 18.24 670.30 3.30 16.35 600.85
Burford 5.22 18.27 671.40 3.47 16.52 607.10
Port Perry 5.06 18.11 665.52 3.31 16.36 601.22
Norfolk 5.20 18.25 670.66 3.45 16.50 606.36
Palmerston 5.15 18.20 668.83 3.30 16.35 600.85
Varna 5.15 18.20 668.83 3.30 16.35 600.85
Trenton N/A 3.40 16.45 604.53
Winchester N/A 3.25 16.30 599.01
North Gower 4.95 18.00 661.48 3.20 16.25 597.18
Vankleek Hil N/A 3.39 16.44 604.16
Huron FOB 5.26 N/A 3.30 3.30 18.31 672.87 3.30 16.35 600.85
Kent FOB 5.45 18.50 679.85 3.40 16.45 604.53
Lambton FOB 5.00 18.05 663.32 3.50 16.55 608.20
Mdsx FOB 5.14 N/A 3.64 3.64 18.19 668.46 3.64 16.69 613.34
PROCESSORS
Windsor 5.99 19.04 699.69 4.03 17.08 627.67
TRANSFER
Hamilton 5.80 18.85 692.71 4.10 17.15 630.25
Prescott N/A 3.88 16.93 622.16
Port Colborn N/A 4.28 17.33 636.86
Toledo El. -0.20 12.85 472.18 -0.81 12.24 449.91
Exchange rate was 1.3465 up 0.0028
Chicago wheat closed moderately lower.
SEP23 HI 6.19 JUL24 HI 6.88 1/2
LOW 5.95 3/4 LOW 6.70 3/4
CLOSE 5.98 1/2 Down 17 1/2 CLOSE 6.71 3/4 Down 17 3/4
Minni wheat closed moderately lower.
SEP23 HI 8.05 1/4 SEP24 HI 8.10
LOW 7.86 LOW 8.00 1/4
CLOSE 7.86 1/2 Down 19 CLOSE 8.00 1/4 Down 12
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 0.65 N/A N/A N/A 0.85 N/A
London 1.48 1.15 0.47 N/A 1.83 1.35 0.74 N/A
Hensall 1.90 1.45 0.65 1.35 1.70 1.50 0.85 N/A
Trenton N/A N/A 0.65 N/A N/A N/A N/A N/A
Bruce 1.45 1.15 0.65 1.15 1.35 1.15 0.85 N/A
Essex N/A N/A 0.55 N/A N/A N/A 0.85 N/A
Norwich 1.95 N/A 0.65 N/A 1.80 N/A 0.85 N/A
Belmore 1.75 1.15 0.65 1.20 1.90 1.15 0.85 N/A
Kent Bridge 1.95 N/A 0.55 N/A 1.80 N/A 0.85 N/A
Chatham N/A N/A 0.55 N/A N/A N/A 0.85 N/A
Brigden N/A N/A 0.30 N/A N/A N/A 0.85 N/A
Palmerston 1.75 1.15 0.65 1.20 1.90 1.15 0.85 N/A
Varna 1.90 1.45 0.65 N/A 1.70 1.50 0.85 N/A
Mitchell 1.95 1.50 0.65 N/A 1.80 1.50 0.85 N/A
Thornton 1.49 1.15 0.55 1.16 1.83 1.35 0.74 N/A
North Gower N/A 0.80 1.10 1.27 N/A 0.60 0.95 0.92
W O Feed 1.33
TERMINAL
Port Colbor N/A N/A 1.15 N/A N/A N/A 0.95 N/A
PROCESSORS
Toledo FM N/A N/A 1.67 N/A N/A N/A N/A N/A
Toledo El. 5.61US 7.55CA 6.48US 8.72CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 684.33
DDG's FOB Aylm 305.00