Farm Market News - Soybean And Wheat Report For Wed, April 26
- Details
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, April 26
Exchange rate was 1.3628 up 0.0003
Chicago soybeans closed narrowly mixed.
JUL23 HI 14.28 1/4 NOV23 HI 12.72 1/2
LOW 14.12 LOW 12.62
CLOSE14.14 3/4 Down 2 3/4 CLOSE 12.66 3/4 Up 3/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +JUL23+JUL23+JUL23
CK Low 4.75 18.90 694.36 3.85 16.52 606.91
CK High 4.85 19.00 698.04 3.85 16.52 606.91
CK Average 4.81 -0.24 18.96 696.52 3.85 -0.55 16.52 606.91
Essex Cty 4.80 18.95 696.20 3.85 16.52 606.91
Mdsx Low 4.79 18.94 695.83 3.83 16.50 606.18
Mdsx High 4.85 19.00 698.04 3.85 16.52 606.91
Mdsx Average4.81 -0.24 18.96 696.57 3.85 -0.55 16.51 606.73
Hensall 4.88 19.03 699.26 3.85 16.52 606.91
Bruce 4.85 19.00 698.04 3.85 16.52 606.91
Putnam 4.85 19.00 698.04 3.85 16.52 606.91
Burford 4.86 19.01 698.41 3.90 16.57 608.75
Port Perry 4.70 18.85 692.53 3.74 16.41 602.87
Norfolk 4.80 18.95 696.20 3.85 16.52 606.91
Palmerston 4.85 19.00 698.04 3.85 16.52 606.91
Varna 4.90 19.05 699.88 3.85 16.52 606.91
Trenton 4.75 18.90 694.36 3.75 16.42 603.24
Winchester 4.70 18.85 692.53 3.85 16.52 606.91
North Gower 4.55 18.70 687.02 3.60 16.27 597.73
Vankleek Hil4.57 18.72 687.75 3.69 16.36 601.04
Huron FOB 4.95 5.09 5.16 N/A 19.10 701.71 N/A
Kent FOB 5.10 19.25 707.22 3.85 16.52 606.91
Lambton FOB 4.92 19.07 700.61 N/A
Mdsx FOB 5.04 N/A N/A N/A 19.19 705.02 3.92 16.59 609.49
PROCESSORS
Windsor 5.51 19.66 722.29 4.33 17.00 624.55
TRANSFER
Hamilton 5.45 19.60 720.08 4.55 17.22 632.63
Prescott N/A 4.35 17.02 625.29
Port Colborn N/A 4.58 17.25 633.74
Toledo El. 0.30 14.45 530.85 -0.61 12.05 442.92
Exchange rate was 1.3628 up 0.0003
Chicago wheat closed slightly to moderately lower.
MAY23 HI 6.43 JUL23 HI 6.57 3/4
LOW 6.26 1/2 LOW 6.41
CLOSE 6.27 1/4 Down 11 1/2 CLOSE 6.42 Down 11
Minni wheat closed moderately lower to lower.
MAY23 HI 8.39 3/4 SEP23 HI 8.37 1/2
LOW 8.05 1/4 LOW 8.11 3/4
CLOSE 8.08 Down 29 3/4 CLOSE 8.14 1/4 Down 21
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 1.35 N/A N/A N/A 1.10 N/A
London 2.25 1.77 1.36 N/A 2.51 1.62 1.08 N/A
Hensall 4.15 2.10 1.40 1.75 2.70 1.75 1.05 1.55
Trenton N/A N/A N/A N/A N/A N/A 1.05 N/A
Bruce 2.35 1.85 1.35 1.30 2.05 1.55 1.05 1.15
Essex N/A N/A 1.40 N/A N/A N/A 1.10 N/A
Norwich N/A N/A 1.35 N/A 2.80 N/A 1.05 N/A
Belmore 2.50 1.65 1.40 1.15 2.00 1.55 1.05 N/A
Kent Bridge N/A N/A 1.35 N/A 2.80 N/A 1.05 N/A
Chatham N/A N/A 1.40 N/A N/A N/A 1.10 N/A
Brigden N/A N/A 1.40 N/A N/A N/A 1.10 N/A
Palmerston 2.35 1.85 1.35 1.30 2.05 1.55 1.05 1.15
Varna 4.15 2.10 1.40 N/A 2.70 1.75 1.05 N/A
Mitchell N/A N/A 1.35 N/A 2.80 1.75 1.05 N/A
Thornton 2.25 1.77 1.36 1.64 2.51 1.62 1.08 N/A
North Gower N/A 1.10 1.40 1.67 N/A 0.85 1.15 1.27
W O Feed 2.18
TERMINAL
Port Colbor N/A N/A 2.04 N/A N/A N/A 1.62 N/A
PROCESSORS
Toledo FM N/A N/A 2.00 N/A N/A N/A 2.12 N/A
Toledo El. 5.92US 8.07CA 6.17US 8.41CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 694.47
DDG's FOB Aylm 390.00