Red Deer

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 -