Farm Market News - Soybean And Wheat Report For Tue, January 3
- Details
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, January 3
Exchange rate was 1.3677 up 0.0143
Chicago soybeans closed slightly to moderately lower.
MAR23 HI 15.29 NOV23 HI 14.15 3/4
LOW 14.90 LOW 13.92 1/4
CLOSE14.92 1/4 Down 31 3/4 CLOSE 13.97 Down 19 3/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +MAR23+MAR23+MAY23
CK Low 4.95 19.87 730.19 4.35 18.32 673.14
CK High 5.05 19.97 733.86 4.45 18.42 676.82
CK Average 4.99 -0.36 19.92 731.76 4.39 -0.55 18.36 674.46
Essex Cty 4.95 19.87 730.19 4.35 18.32 673.14
Mdsx Low 4.80 19.72 724.68 4.20 18.17 667.63
Mdsx High 5.04 19.96 733.50 4.44 18.41 676.45
Mdsx Average4.95 -0.39 19.87 730.10 4.35 -0.58 18.32 673.05
Hensall 4.90 19.82 728.35 4.28 18.25 670.70
Bruce 5.00 19.92 732.03 4.35 18.32 673.14
Putnam 5.00 19.92 732.03 4.35 18.32 673.14
Burford 5.11 20.03 736.07 4.51 18.48 679.02
Port Perry 4.95 19.87 730.19 4.35 18.32 673.14
Norfolk 4.95 19.87 730.19 4.40 18.37 674.98
Palmerston 4.84 19.76 726.15 N/A
Varna 4.80 19.72 724.68 4.20 18.17 667.63
Trenton 4.90 19.82 728.35 4.20 18.17 667.63
Winchester 4.75 19.67 722.84 4.20 18.17 667.63
North Gower 4.62 19.54 718.06 4.35 18.32 673.14
Vankleek Hil5.28 20.20 742.31 4.19 18.16 667.27
Huron FOB 5.09 5.26 5.33 N/A 20.01 735.33 N/A
Kent FOB 5.30 20.22 743.05 4.40 18.37 674.98
Lambton FOB 5.00 19.92 732.03 N/A
Mdsx FOB 5.43 N/A N/A N/A 20.35 747.83 4.49 18.46 678.29
PROCESSORS
Windsor 5.64 20.56 755.54 4.64 18.61 683.80
TRANSFER
Hamilton 5.75 20.67 759.58 4.85 18.82 691.52
Prescott N/A 4.52 18.49 679.39
Port Colborn5.37 20.29 745.62 4.98 18.95 696.29
Toledo El. -0.27 14.65 538.26 -0.62 13.35 490.70
Exchange rate was 1.3677 up 0.0143
Chicago wheat closed moderately lower.
MAR23 HI 7.94 1/2 JUL23 HI 8.04 1/2
LOW 7.69 3/4 LOW 7.80 1/4
CLOSE 7.75 1/2 Down 16 1/2 CLOSE 7.86 1/2 Down 16 1/2
Minni wheat closed slightly to moderately lower.
MAR23 HI 9.38 SEP23 HI 8.99 1/2
LOW 9.15 1/4 LOW 8.84
CLOSE 9.19 1/4 Down 19 1/2 CLOSE 8.88 Down 10 1/2
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 1.30 N/A N/A N/A 1.40 N/A
London 2.84 1.88 1.40 N/A 3.01 1.92 1.51 N/A
Hensall 4.20 N/A 1.30 N/A 2.95 N/A 1.40 N/A
Trenton N/A N/A N/A N/A N/A N/A 1.45 N/A
Bruce 2.30 1.80 1.30 1.15 2.40 1.90 1.40 1.15
Essex N/A N/A 1.40 N/A N/A N/A 1.50 N/A
Norwich 4.20 N/A 1.30 N/A 2.95 N/A 1.40 N/A
Port Hope N/A N/A 1.30 N/A N/A N/A 1.40 N/A
Kent Bridge 4.20 N/A 1.30 N/A 2.95 N/A 1.40 N/A
Chatham N/A N/A 1.40 N/A N/A N/A 1.50 N/A
Brigden N/A N/A 1.40 N/A N/A N/A 1.50 N/A
Palmerston N/A N/A 1.06 2.27 N/A N/A N/A N/A
Varna 4.15 2.15 1.35 N/A 2.70 1.95 1.40 N/A
Mitchell 4.20 N/A 1.30 N/A 2.95 1.90 1.40 N/A
Thornton 2.84 1.88 1.40 2.28 3.01 1.92 1.51 N/A
North Gower N/A 1.00 1.40 1.47 N/A 1.25 1.65 1.37
W O Feed 2.38
TERMINAL
Port Colbor N/A N/A 1.88 N/A N/A N/A 2.12 N/A
PROCESSORS
Toledo FM N/A N/A 2.92 N/A N/A N/A 2.76 N/A
Toledo El. 7.51US 10.26CA 7.62US 10.42CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 737.57
DDG's FOB Aylm 360.00