Farm Market News - Soybean And Wheat Report For Tue, May 10
- Details
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, May 10
Exchange rate was 1.3023 up 0.0025
Chicago soybeans closed slightly higher.
JUL22 HI 16.05 NOV22 HI 14.61 3/4
LOW 15.80 1/2 LOW 14.40
CLOSE15.92 1/4 Up 7 CLOSE 14.54 3/4 Up 8
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +JUL22+JUL22+SEP22
CK Low 4.65 20.57 755.91 3.65 18.20 668.64
CK High 4.75 20.67 759.58 3.75 18.30 672.32
CK Average 4.73 -0.06 20.65 758.90 3.72 -0.52 18.26 671.06
Essex Cty 4.75 20.67 759.58 3.75 18.30 672.32
Mdsx Low 4.60 20.52 754.07 3.60 18.15 666.81
Mdsx High 4.75 20.67 759.58 3.75 18.30 672.32
Mdsx Average4.70 -0.09 20.62 757.62 3.69 -0.54 18.24 670.24
Hensall 4.68 20.61 757.13 3.72 18.26 671.09
Bruce 4.60 20.52 754.07 3.65 18.20 668.64
Putnam 4.75 20.67 759.58 3.75 18.30 672.32
Burford 4.80 20.72 761.42 3.79 18.34 673.79
Port Perry 4.65 20.57 755.91 3.64 18.19 668.28
Norfolk 4.75 20.67 759.58 3.80 18.35 674.16
Palmerston 4.68 20.60 757.01 3.75 18.30 672.32
Varna 4.65 20.57 755.91 3.70 18.25 670.48
Trenton 4.60 20.52 754.07 3.70 18.25 670.48
Winchester 4.64 20.56 755.54 3.66 18.21 669.01
North Gower 4.40 20.32 746.72 3.65 18.20 668.64
Vankleek Hil4.55 20.47 752.24 3.76 18.31 672.69
Huron FOB 4.71 4.81 4.87 5.06 20.63 758.11 3.70 18.25 670.48
Kent FOB 4.95 20.87 766.93 3.75 18.30 672.32
Lambton FOB 4.80 20.72 761.42 N/A
Mdsx FOB 5.03 5.10 5.10 N/A 20.95 769.87 3.96 18.51 680.03
PROCESSORS
Windsor 5.45 21.37 785.30 4.20 18.75 688.85
TRANSFER
Hamilton 5.40 21.32 783.47 4.40 18.95 696.20
Prescott N/A 4.41 18.96 696.57
Port Colborn N/A 4.09 18.64 684.81
Toledo El. -0.07 15.86 582.66 -0.46 14.09 517.78
Exchange rate was 1.3023 up 0.0025
Chicago wheat closed steady to slightly higher.
JUL22 HI 11.07 SEP22 HI 11.10
LOW 10.83 LOW 10.86 3/4
CLOSE 10.92 3/4 Unchanged CLOSE 10.96 1/2 Up 1
Minni wheat closed slightly higher.
JUL22 HI 12.26 SEP22 HI 12.24
LOW 12.06 LOW 12.03 3/4
CLOSE 12.13 1/2 Up 6 3/4 CLOSE 12.13 1/2 Up 8 3/4
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 2.10 N/A
London 2.42 2.74 2.16 N/A 3.15 2.70 2.31 N/A
Hensall 1.95 N/A 1.95 N/A 3.20 N/A 2.20 N/A
Trenton N/A N/A N/A N/A N/A N/A 2.10 N/A
Bruce N/A N/A 1.80 N/A 3.00 2.45 2.10 1.30
Essex N/A N/A 2.05 N/A N/A N/A 2.25 N/A
Norwich 1.95 N/A 1.95 N/A 3.20 N/A 2.20 N/A
Port Hope N/A N/A N/A N/A N/A N/A 2.10 N/A
Kent Bridge 1.95 N/A 1.95 N/A 3.20 N/A 2.20 N/A
Chatham N/A N/A 2.05 N/A N/A N/A 2.25 N/A
Brigden N/A N/A 2.05 N/A N/A N/A 2.25 N/A
Palmerston N/A 2.51 2.06 2.88 N/A 2.92 2.46 N/A
Varna 2.20 2.70 1.95 N/A 3.10 2.55 2.20 N/A
Mitchell 1.95 2.65 1.95 N/A 3.20 2.55 2.20 N/A
Thornton 2.42 2.74 2.16 1.59 3.15 2.70 2.31 N/A
North Gower N/A N/A N/A N/A N/A N/A 2.05 N/A
W O Feed 2.84
TERMINAL
Port Colbor N/A N/A 2.62 N/A N/A N/A 2.71 N/A
PROCESSORS
Toledo FM N/A N/A 3.36 N/A N/A N/A 3.32 N/A
Toledo El. 10.53US 13.71CA 10.73US 13.97CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 640.23
DDG's FOB Srn & Aylm 410.00 - 415.00