Farm Market News - Soybean And Wheat Report For Tue, March 29
- Details
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, March 29
Exchange rate was 1.2495 down 0.0049
Chicago soybeans closed slightly to moderately lower.
JUL22 HI 16.55 1/2 NOV22 HI 14.74
LOW 16.04 LOW 14.25 3/4
CLOSE16.23 3/4 Down 23 CLOSE 14.48 1/2 Down 20 1/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +JUL22+JUL22+JUL22
CK Low 3.80 20.04 736.25 2.99 17.48 642.10
CK High 3.90 20.14 739.93 3.10 17.59 646.14
CK Average 3.85 -0.16 20.08 737.93 3.05 -0.45 17.53 644.25
Essex Cty 3.85 20.09 738.09 3.00 17.49 642.46
Mdsx Low 3.82 20.06 736.99 2.99 17.48 642.10
Mdsx High 3.90 20.14 739.93 3.15 17.64 647.98
Mdsx Average3.86 -0.16 20.09 738.33 3.06 -0.44 17.55 644.79
Hensall 3.88 20.12 739.31 3.15 17.64 647.98
Bruce 3.90 20.14 739.93 3.10 17.59 646.14
Putnam 3.85 20.09 738.09 3.05 17.54 644.30
Burford 3.87 20.11 738.82 3.04 17.53 643.93
Port Perry 3.77 20.01 735.15 2.94 17.43 640.26
Norfolk 3.85 20.09 738.09 3.05 17.54 644.30
Palmerston 3.93 20.17 741.03 3.07 17.56 645.04
Varna 3.90 20.14 739.93 3.20 17.69 649.81
Trenton 3.80 20.04 736.25 3.10 17.59 646.14
Winchester 3.79 20.03 735.88 3.08 17.57 645.40
North Gower 4.10 20.34 747.28 3.20 17.69 649.81
Vankleek Hil4.08 20.32 746.54 3.02 17.51 643.20
Huron FOB 3.77 3.90 3.93 3.97 20.01 735.15 N/A
Kent FOB 4.10 20.34 747.28 3.05 17.54 644.30
Lambton FOB 4.26 20.50 753.15 3.93 18.42 676.64
Mdsx FOB 3.46 4.09 4.02 N/A 19.70 723.76 3.25 17.74 651.65
PROCESSORS
Windsor 4.52 20.76 762.71 3.38 17.87 656.43
TRANSFER
Hamilton 4.40 20.64 758.30 3.60 18.09 664.51
Prescott N/A 3.33 17.82 654.59
Port Colborn4.53 20.77 763.07 3.69 18.18 667.82
Toledo El. -0.07 16.16 593.87 -0.44 14.05 516.16
Exchange rate was 1.2495 down 0.0049
Chicago wheat closed moderately lower to lower.
JUL22 HI 10.61 1/2 SEP22 HI 10.47 3/4
LOW 9.67 1/4 LOW 9.58
CLOSE 10.09 1/4 Down 42 1/4 CLOSE 9.98 Down 40
Minni wheat closed lower.
MAY22 HI 10.84 3/4 SEP22 HI 10.64 1/4
LOW 10.19 1/2 LOW 9.98 1/2
CLOSE 10.43 Down 36 1/2 CLOSE 10.23 1/4 Down 35 1/4
Direct MarkHarvest 2021 Harvest 2022
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 N/A N/A N/A N/A 1.40 N/A
London 0.87 1.50 1.12 N/A 1.80 1.55 1.23 N/A
Hensall 1.10 N/A 1.10 N/A 2.40 N/A 1.40 N/A
Trenton N/A N/A N/A N/A N/A N/A 1.40 N/A
Bruce 1.10 1.80 1.10 N/A 2.30 1.70 1.40 1.50
Essex N/A N/A 1.20 N/A N/A N/A 1.50 N/A
Norwich 1.10 N/A 1.10 N/A 2.40 N/A 1.40 N/A
Port Hope N/A N/A 1.10 N/A N/A N/A 1.40 N/A
Kent Bridge 1.10 N/A 1.10 N/A 2.40 N/A 1.40 N/A
Chatham N/A N/A 1.20 N/A N/A N/A 1.50 N/A
Brigden N/A N/A N/A N/A N/A N/A 1.50 N/A
Palmerston N/A N/A N/A N/A N/A 1.57 1.13 N/A
Varna 1.45 1.95 1.20 N/A 2.40 1.80 1.50 N/A
Mitchell 1.10 1.80 1.10 N/A 2.40 1.70 1.40 N/A
Thornton 0.87 1.50 1.12 0.72 1.80 1.55 1.23 N/A
North Gower N/A N/A N/A N/A N/A N/A 1.25 N/A
W O Feed 2.34
TERMINAL
Port Colbor N/A N/A 1.63 N/A N/A N/A 1.68 N/A
PROCESSORS
Toledo FM N/A N/A 2.38 N/A N/A N/A 2.49 N/A
Toledo El. 9.84US 12.30CA 9.89US 12.36CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 711.00
DDG's FOB Srn & Aylm 370.00 - 380.00