Farm Market News - Soybean And Wheat Report For Tue, September 19
- Details
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, September 19
Exchange rate was 1.3425 down 0.0048
Chicago soybeans closed slightly lower to steady.
NOV23 HI 13.19 3/4 NOV23 HI 13.19 3/4
LOW 13.08 LOW 13.08
CLOSE13.15 1/2 Down 1 1/4 CLOSE 13.15 1/2 Down 1 1/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +NOV23+NOV23+JAN24
CK Low 4.14 17.30 635.48 3.47 16.63 610.86
CK High 4.50 17.66 648.71 3.55 16.71 613.80
CK Average 4.36 -0.11 17.51 643.49 3.52 -0.73 16.68 612.86
Essex Cty 4.30 17.46 641.36 3.55 16.71 613.80
Mdsx Low 4.12 17.28 634.75 3.45 16.61 610.13
Mdsx High 4.50 17.66 648.71 3.60 16.76 615.64
Mdsx Average4.31 -0.15 17.46 641.61 3.51 -0.74 16.67 612.43
Hensall 4.37 17.52 643.81 3.53 16.69 613.19
Bruce N/A 3.55 16.71 613.80
Putnam 4.50 17.66 648.71 3.60 16.76 615.64
Guelph 4.51 17.67 649.08 3.63 16.79 616.74
Burford 4.20 17.36 637.69 3.53 16.69 613.07
Port Perry 4.09 17.25 633.65 3.42 16.58 609.03
Norfolk N/A 3.55 16.71 613.80
Palmerston 4.30 17.46 641.36 3.50 16.66 611.97
Varna 4.30 17.46 641.36 3.50 16.66 611.97
Trenton N/A 3.60 16.76 615.64
Winchester N/A 3.55 16.71 613.80
North Gower 4.50 17.66 648.71 3.80 16.96 622.99
Vankleek Hil4.60 17.76 652.38 3.64 16.80 617.11
Huron FOB 4.35 3.50 3.50 3.55 17.51 643.20 3.50 16.66 611.97
Kent FOB N/A 3.50 16.66 611.97
Lambton FOB N/A 3.90 17.06 626.66
Mdsx FOB 4.28 3.52 3.63 3.76 17.44 640.63 3.52 16.68 612.70
PROCESSORS
Windsor 3.99 17.15 629.97 4.09 17.25 633.65
TRANSFER
Hamilton 5.00 18.16 667.08 4.15 17.31 635.85
Prescott N/A 4.18 17.34 636.95
Port Colborn N/A 4.16 17.32 636.22
Toledo El. -0.94 12.22 448.83 -0.54 12.62 463.63
Exchange rate was 1.3425 down 0.0048
Chicago wheat closed slightly lower.
DEC23 HI 5.92 3/4 JUL24 HI 6.43 1/2
LOW 5.81 LOW 6.31 3/4
CLOSE 5.84 Down 7 1/4 CLOSE 6.36 Down 4 1/2
Minni wheat closed slightly higher.
DEC23 HI 7.82 SEP24 HI 8.00 3/4
LOW 7.67 LOW 7.93
CLOSE 7.79 3/4 Up 2 1/4 CLOSE 8.00 3/4 Up 2 1/2
Direct MarkHarvest 2023 Harvest 2024
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 0.45 N/A N/A N/A 0.90 N/A
London 1.25 1.05 0.38 N/A 1.40 1.29 0.76 N/A
Hensall 1.60 1.30 0.50 1.15 1.70 1.50 0.85 N/A
Trenton N/A N/A 0.60 N/A N/A N/A N/A N/A
Bruce 1.30 1.00 0.50 1.00 1.35 1.35 0.85 N/A
Essex N/A N/A 0.45 N/A N/A N/A 0.85 N/A
Norwich 1.65 N/A 0.55 N/A 1.75 N/A 0.85 N/A
Belmore 1.60 1.10 0.50 1.20 1.70 1.15 0.85 N/A
Kent Bridge 1.65 N/A 0.45 N/A 1.75 N/A 0.85 N/A
Chatham N/A N/A 0.45 N/A N/A N/A 0.85 N/A
Brigden N/A N/A 0.35 N/A N/A N/A 0.85 N/A
Palmerston 1.60 1.10 0.50 1.20 1.70 1.15 0.85 N/A
Varna 1.60 1.30 0.50 N/A 1.70 1.50 0.85 N/A
Mitchell 1.65 1.30 0.55 N/A 1.75 1.50 0.85 N/A
Thornton 1.25 1.05 0.38 1.01 1.40 1.29 0.76 N/A
North Gower N/A 0.50 0.70 1.05 N/A 0.72 1.02 0.87
W O Feed 1.31
TERMINAL
Port Colbor N/A N/A 0.92 N/A N/A N/A 1.23 N/A
PROCESSORS
Toledo FM N/A N/A 1.53 N/A N/A N/A N/A N/A
Toledo El. 5.29US 7.10CA 6.12US 8.22CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 660.85
DDG's FOB Aylm -