Farm Market News - Soybean And Wheat Report For Tue, July 26
- Details
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, July 26
Exchange rate was 1.2903 up 0.0060
Chicago soybeans closed moderately higher to higher.
NOV22 HI 13.87 1/2 NOV22 HI 13.87 1/2
LOW 13.58 1/4 LOW 13.58 1/4
CLOSE13.83 3/4 Up 37 3/4 CLOSE 13.83 3/4 Up 37 3/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +NOV22+NOV22+NOV22
CK Low 5.45 19.29 708.69 3.45 17.29 635.21
CK High 5.90 19.74 725.23 3.65 17.49 642.56
CK Average 5.73 1.33 19.57 719.14 3.53 -0.37 17.37 638.30
Essex Cty 5.70 19.54 717.88 3.45 17.29 635.21
Mdsx Low 5.70 19.54 717.88 3.40 17.24 633.37
Mdsx High 5.95 19.79 727.07 3.56 17.40 639.25
Mdsx Average5.80 1.38 19.64 721.68 3.49 -0.41 17.32 636.55
Hensall 5.93 19.77 726.45 3.47 17.30 635.82
Bruce 5.60 19.44 714.21 3.40 17.24 633.37
Putnam 5.90 19.74 725.23 3.60 17.44 640.72
Burford 5.82 19.66 722.29 3.62 17.46 641.45
Port Perry 5.73 19.57 718.98 3.53 17.37 638.15
Norfolk 5.70 19.54 717.88 3.55 17.39 638.88
Palmerston 5.99 19.83 728.54 3.56 17.40 639.25
Varna 5.95 19.79 727.07 3.40 17.24 633.37
Trenton N/A 3.45 17.29 635.21
Winchester N/A 3.60 17.44 640.72
North Gower 5.99 19.83 728.54 3.55 17.39 638.88
Vankleek Hil4.07 17.91 657.99 3.38 17.22 632.63
Huron FOB 5.96 5.89 N/A N/A 19.80 727.43 3.67 17.51 643.29
Kent FOB 5.80 19.64 721.55 3.50 17.34 637.04
Lambton FOB 6.35 20.19 741.76 3.85 17.69 649.90
Mdsx FOB 5.99 5.99 N/A N/A 19.83 728.54 3.83 17.67 649.17
PROCESSORS
Windsor N/A 4.05 17.89 657.25
TRANSFER
Hamilton 6.15 19.99 734.41 4.20 18.04 662.76
Prescott N/A 3.92 17.76 652.48
Port Colborn N/A 4.36 18.20 668.64
Toledo El. 0.97 14.81 544.00 -0.45 13.39 491.85
Exchange rate was 1.2903 up 0.0060
Chicago wheat closed higher.
SEP22 HI 8.06 JUL23 HI 8.36 1/4
LOW 7.72 1/4 LOW 8.06 1/2
CLOSE 8.03 3/4 Up 33 3/4 CLOSE 8.35 Up 30 1/4
Minni wheat closed higher.
SEP22 HI 9.31 1/4 SEP23 HI 9.25 1/2
LOW 8.86 1/4 LOW 9.00
CLOSE 9.28 3/4 Up 44 3/4 CLOSE 9.23 Up 29 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 1.40 N/A N/A N/A 1.45 N/A
London 2.77 2.13 1.42 N/A 2.21 1.82 1.43 N/A
Hensall 2.80 N/A 1.40 N/A 2.50 N/A 1.45 N/A
Trenton N/A N/A 1.40 N/A N/A N/A 1.40 N/A
Bruce 2.60 2.10 1.40 1.60 2.30 1.80 1.45 N/A
Essex N/A N/A 1.35 N/A N/A N/A 1.40 N/A
Norwich 2.80 N/A 1.40 N/A 2.50 N/A 1.45 N/A
Port Hope N/A N/A 1.40 N/A N/A N/A 1.45 N/A
Kent Bridge 2.80 N/A 1.40 N/A 2.50 N/A 1.45 N/A
Chatham N/A N/A 1.35 N/A N/A N/A 1.45 N/A
Brigden N/A N/A 1.35 N/A N/A N/A 1.45 N/A
Palmerston N/A 2.33 1.68 2.30 N/A N/A 1.32 N/A
Varna 2.70 2.15 1.40 N/A 2.35 1.85 1.40 N/A
Mitchell 2.80 2.10 1.40 N/A 2.50 1.80 1.45 N/A
Thornton 2.77 2.13 1.42 2.09 2.21 1.82 1.43 N/A
North Gower N/A 1.10 1.50 1.17 N/A 1.05 1.45 0.87
W O Feed 2.14
TERMINAL
Port Colbor N/A N/A 2.07 N/A N/A N/A 1.83 N/A
PROCESSORS
Toledo FM N/A N/A 2.33 N/A N/A N/A N/A N/A
Toledo El. 7.79US 10.05CA 8.25US 10.65CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 769.87
DDG's FOB Srn & Aylm 310.00 - 315.00