Farm Market News - Soybean And Wheat Report For Tue, July 19
- Details
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, July 19
Exchange rate was 1.2897 down 0.0063
Chicago soybeans closed slightly to moderately lower.
NOV22 HI 13.83 1/2 NOV22 HI 13.83 1/2
LOW 13.39 LOW 13.39
CLOSE13.58 1/4 Down 22 CLOSE 13.58 1/4 Down 22
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +NOV22+NOV22+NOV22
CK Low 5.80 19.38 712.18 3.60 17.18 631.35
CK High 6.40 19.98 734.23 3.75 17.33 636.86
CK Average 6.30 1.83 19.88 730.56 3.66 -0.22 17.24 633.40
Essex Cty 6.40 19.98 734.23 3.60 17.18 631.35
Mdsx Low 6.32 19.90 731.29 3.65 17.23 633.19
Mdsx High 6.40 19.98 734.23 3.66 17.24 633.55
Mdsx Average6.36 1.88 19.94 732.64 3.65 -0.22 17.24 633.31
Hensall 6.37 19.95 733.01 3.67 17.25 633.80
Bruce 6.40 19.98 734.23 3.65 17.23 633.19
Putnam 6.40 19.98 734.23 3.70 17.28 635.02
Burford 6.38 19.96 733.50 3.72 17.30 635.76
Port Perry 6.29 19.87 730.19 3.63 17.21 632.45
Norfolk 6.40 19.98 734.23 3.70 17.28 635.02
Palmerston 6.36 19.94 732.76 3.67 17.25 633.92
Varna 6.35 19.93 732.39 3.65 17.23 633.19
Trenton N/A 3.70 17.28 635.02
Winchester N/A 3.66 17.24 633.55
North Gower 5.69 19.27 708.14 3.60 17.18 631.35
Vankleek Hil4.23 17.81 654.50 3.47 17.05 626.57
Huron FOB 6.34 6.34 N/A N/A 19.92 732.03 3.69 17.27 634.66
Kent FOB 6.50 20.08 737.91 3.65 17.23 633.19
Lambton FOB 6.10 19.68 723.21 N/A
Mdsx FOB 6.42 6.42 N/A N/A 20.00 734.97 3.92 17.50 643.11
PROCESSORS
Windsor 6.89 20.47 752.24 3.85 17.43 640.53
TRANSFER
Hamilton 6.85 20.43 750.77 4.35 17.93 658.91
Prescott N/A 3.93 17.51 643.47
Port Colborn N/A 4.29 17.87 656.70
Toledo El. 2.37 15.96 586.27 -0.45 13.13 482.48
Exchange rate was 1.2897 down 0.0063
Chicago wheat closed slightly lower.
SEP22 HI 8.22 1/4 JUL23 HI 8.50
LOW 7.92 1/2 LOW 8.25
CLOSE 8.12 1/4 Down 1/2 CLOSE 8.41 1/4 Down 2
Minni wheat closed slightly lower.
SEP22 HI 9.39 SEP23 HI 9.40 3/4
LOW 9.17 1/4 LOW 9.25
CLOSE 9.29 3/4 Down 9 1/4 CLOSE 9.37 Down 7 1/4
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 1.50 N/A N/A N/A 1.50 N/A
London 2.81 2.23 1.52 N/A 2.26 1.93 1.61 N/A
Hensall 2.70 N/A 1.50 N/A 2.30 N/A 1.45 N/A
Trenton N/A N/A 1.50 N/A N/A N/A 1.50 N/A
Bruce 2.60 2.10 1.50 1.60 2.30 1.80 1.45 N/A
Essex N/A N/A 1.40 N/A N/A N/A 1.50 N/A
Norwich 2.70 N/A 1.50 N/A 2.30 N/A 1.45 N/A
Port Hope N/A N/A 1.50 N/A N/A N/A 1.50 N/A
Kent Bridge 2.70 N/A 1.50 N/A 2.30 N/A 1.45 N/A
Chatham N/A N/A 1.50 N/A N/A N/A 1.55 N/A
Brigden N/A N/A 1.50 N/A N/A N/A 1.55 N/A
Palmerston N/A 2.09 1.77 N/A N/A N/A 1.33 N/A
Varna 2.60 2.10 1.50 N/A 2.05 1.80 1.45 N/A
Mitchell 2.70 2.10 1.50 N/A 2.30 1.80 1.45 N/A
Thornton 2.81 2.23 1.52 1.95 2.26 1.93 1.61 N/A
North Gower N/A 1.20 1.60 1.17 N/A 1.10 1.50 0.87
W O Feed 2.07
TERMINAL
Port Colbor N/A N/A 2.10 N/A N/A N/A 1.94 N/A
PROCESSORS
Toledo FM N/A N/A 2.35 N/A N/A N/A N/A N/A
Toledo El. 7.87US 10.15CA 8.31US 10.72CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 758.40
DDG's FOB Srn & Aylm 315.00 - 340.00