Farm Market News - Soybean And Wheat Report For Wed, February 15
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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, February 15
Exchange rate was 1.339 up 0.0049
Chicago soybeans closed slightly lower.
MAY23 HI 15.29 1/4 NOV23 HI 13.81 3/4
LOW 15.10 1/4 LOW 13.67
CLOSE15.19 1/2 Down 10 1/2 CLOSE 13.75 Down 8
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +MAY23+MAY23+MAY23
CK Low 4.69 19.89 730.65 3.90 17.65 648.53
CK High 4.75 19.95 732.85 4.00 17.75 652.20
CK Average 4.71 -0.33 19.90 731.23 3.91 -0.56 17.66 649.05
Essex Cty 4.70 19.90 731.02 3.90 17.65 648.53
Mdsx Low 4.65 19.85 729.18 3.90 17.65 648.53
Mdsx High 4.73 19.93 732.12 3.94 17.69 650.00
Mdsx Average4.70 -0.34 19.89 730.83 3.91 -0.56 17.66 648.89
Hensall 4.70 19.90 731.02 3.93 17.68 649.75
Bruce 4.70 19.90 731.02 3.95 17.70 650.36
Putnam 4.70 19.90 731.02 3.90 17.65 648.53
Burford 4.80 20.00 734.69 4.01 17.76 652.57
Port Perry 4.64 19.84 728.81 3.85 17.60 646.69
Norfolk 4.70 19.90 731.02 3.90 17.65 648.53
Palmerston 4.71 19.91 731.38 N/A
Varna 4.70 19.90 731.02 3.95 17.70 650.36
Trenton 4.65 19.85 729.18 3.90 17.65 648.53
Winchester 4.76 19.96 733.22 3.88 17.63 647.79
North Gower 4.66 19.86 729.55 3.85 17.60 646.69
Vankleek Hil5.21 20.41 749.76 3.87 17.62 647.42
Huron FOB 4.75 4.80 5.01 N/A 19.95 732.85 N/A
Kent FOB 5.00 20.20 742.04 3.90 17.65 648.53
Lambton FOB 4.92 20.12 739.10 N/A
Mdsx FOB 4.96 5.10 N/A N/A 20.16 740.57 4.21 17.96 659.92
PROCESSORS
Windsor 5.42 20.62 757.47 4.48 18.23 669.84
TRANSFER
Hamilton 5.40 20.60 756.74 4.50 18.25 670.57
Prescott N/A 4.28 18.03 662.49
Port Colborn4.98 20.18 741.30 4.76 18.51 680.13
Toledo El. -0.27 14.93 548.48 -0.60 13.15 483.09
Exchange rate was 1.339 up 0.0049
Chicago wheat closed slightly to moderately lower.
MAR23 HI 7.87 1/4 JUL23 HI 8.01 1/2
LOW 7.66 3/4 LOW 7.83 1/2
CLOSE 7.69 1/4 Down 16 3/4 CLOSE 7.85 1/4 Down 14 1/4
Minni wheat closed slightly lower.
MAR23 HI 9.32 3/4 SEP23 HI 9.01 3/4
LOW 9.18 3/4 LOW 8.88 3/4
CLOSE 9.24 3/4 Down 7 1/4 CLOSE 8.92 1/4 Down 6 1/4
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 1.45 N/A N/A N/A 1.35 N/A
London 2.61 2.34 1.47 N/A 2.86 1.99 1.39 N/A
Hensall 4.30 N/A 1.45 N/A 2.90 N/A 1.35 N/A
Trenton N/A N/A N/A N/A N/A N/A 1.30 N/A
Bruce 2.35 1.85 1.45 1.15 2.30 1.80 1.30 1.15
Essex N/A N/A 1.45 N/A N/A N/A 1.35 N/A
Norwich 4.30 N/A 1.45 N/A 2.90 N/A 1.35 N/A
Belmore 2.50 1.75 1.45 1.15 2.00 1.90 1.30 N/A
Kent Bridge 4.30 N/A 1.45 N/A 2.90 N/A 1.35 N/A
Chatham N/A N/A 1.45 N/A N/A N/A 1.35 N/A
Brigden N/A N/A 1.45 N/A N/A N/A 1.35 N/A
Palmerston N/A 2.02 1.49 N/A N/A N/A N/A N/A
Varna 4.15 2.20 1.45 N/A 2.85 2.00 1.35 N/A
Mitchell 4.30 N/A 1.45 N/A 2.90 1.95 1.35 N/A
Thornton 2.61 2.34 1.47 2.04 2.86 1.99 1.39 N/A
North Gower N/A 1.30 1.70 1.77 N/A 1.00 1.40 1.42
W O Feed 2.35
TERMINAL
Port Colbor N/A N/A 2.14 N/A N/A N/A 1.99 N/A
PROCESSORS
Toledo FM N/A N/A N/A N/A N/A N/A 2.53 N/A
Toledo El. 7.44US 9.97CA 7.60US 10.18CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 770.64
DDG's FOB Aylm 375.00