Farm Market News - Soybean And Wheat Report For Wed, April 5
- Details
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, April 5
Exchange rate was 1.3445 up 0.0007
Chicago soybeans closed mixed.
JUL23 HI 14.91 NOV23 HI 13.23 3/4
LOW 14.71 LOW 13.05 1/2
CLOSE14.77 3/4 Down 5 CLOSE 13.16 Down 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 4.80 19.58 719.35 3.80 16.96 623.17
CK High 4.85 19.63 721.19 3.85 17.01 625.01
CK Average 4.81 -0.21 19.58 719.61 3.83 -0.52 16.99 624.38
Essex Cty 4.80 19.58 719.35 3.85 17.01 625.01
Mdsx Low 4.78 19.56 718.62 3.80 16.96 623.17
Mdsx High 4.80 19.58 719.35 3.85 17.01 625.01
Mdsx Average4.80 -0.22 19.57 719.17 3.83 -0.53 16.99 624.18
Hensall 4.80 19.58 719.35 3.83 16.99 624.40
Bruce 4.80 19.58 719.35 3.85 17.01 625.01
Putnam 4.80 19.58 719.35 3.80 16.96 623.17
Burford 4.85 19.63 721.19 3.88 17.04 626.11
Port Perry 4.69 19.47 715.31 3.72 16.88 620.23
Norfolk 4.80 19.58 719.35 3.85 17.01 625.01
Palmerston N/A N/A
Varna 4.80 19.58 719.35 3.85 17.01 625.01
Trenton 4.75 19.53 717.51 3.75 16.91 621.34
Winchester 4.80 19.58 719.35 3.85 17.01 625.01
North Gower 4.90 19.68 723.02 3.90 17.06 626.85
Vankleek Hil4.56 19.34 710.53 3.69 16.85 619.13
Huron FOB 4.85 4.96 5.03 N/A 19.63 721.19 N/A
Kent FOB 5.05 19.83 728.54 3.85 17.01 625.01
Lambton FOB 4.89 19.67 722.66 N/A
Mdsx FOB 4.97 N/A N/A N/A 19.75 725.60 4.01 17.17 630.89
PROCESSORS
Windsor 5.48 20.26 744.34 4.36 17.52 643.75
TRANSFER
Hamilton 5.45 20.23 743.23 4.55 17.71 650.73
Prescott N/A 4.29 17.45 641.18
Port Colborn N/A 4.49 17.65 648.53
Toledo El. -0.11 14.67 539.03 -0.61 12.55 461.32
Exchange rate was 1.3445 up 0.0007
Chicago wheat closed slightly lower.
MAY23 HI 6.93 1/4 JUL23 HI 7.05 1/4
LOW 6.75 LOW 6.88
CLOSE 6.82 Down 9 1/2 CLOSE 6.94 3/4 Down 9 1/4
Minni wheat closed moderately lower.
MAY23 HI 8.90 1/4 SEP23 HI 8.90 1/4
LOW 8.72 LOW 8.73
CLOSE 8.73 1/2 Down 16 CLOSE 8.74 Down 15
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 1.40 N/A N/A N/A 1.25 N/A
London 2.26 1.79 1.39 N/A 2.51 1.63 1.16 N/A
Hensall N/A N/A N/A N/A 2.85 N/A 1.25 N/A
Trenton N/A N/A N/A N/A N/A N/A 1.30 N/A
Bruce 2.45 1.50 1.45 N/A 2.20 1.70 1.20 1.15
Essex N/A N/A 1.45 N/A N/A N/A 1.20 N/A
Norwich N/A N/A N/A N/A 2.85 N/A 1.25 N/A
Belmore 2.50 1.75 1.45 1.15 2.00 1.90 1.20 N/A
Kent Bridge N/A N/A N/A N/A 2.85 N/A 1.25 N/A
Chatham N/A N/A 1.45 N/A N/A N/A 1.20 N/A
Brigden N/A N/A 1.45 N/A N/A N/A 1.20 N/A
Palmerston N/A 1.62 1.08 N/A N/A N/A N/A N/A
Varna 4.10 2.15 1.45 N/A 2.75 1.85 1.20 N/A
Mitchell N/A N/A N/A N/A 2.85 1.90 1.25 N/A
Thornton 2.26 1.79 1.39 1.66 2.51 1.63 1.16 N/A
North Gower N/A 1.30 1.60 1.82 N/A 1.10 1.35 1.42
W O Feed 2.15
TERMINAL
Port Colbor N/A N/A 2.06 N/A N/A N/A 1.83 N/A
PROCESSORS
Toledo FM N/A N/A 2.08 N/A N/A N/A 2.19 N/A
Toledo El. N/A 6.70US 9.01CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 732.61
DDG's FOB Aylm 370.00