Farm Market News - Soybean And Wheat Report For Wed, February 22
- Details
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, February 22
Exchange rate was 1.3546 up 0.0008
Chicago soybeans closed mixed.
MAY23 HI 15.49 3/4 NOV23 HI 14.02
LOW 15.33 LOW 13.91
CLOSE15.34 3/4 Down 9 1/4 CLOSE 13.95 1/2 Down 3 1/2
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +MAY23+MAY23+MAY23
CK Low 4.90 20.25 743.97 4.10 18.06 663.41
CK High 5.00 20.35 747.64 4.15 18.11 665.24
CK Average 4.96 -0.35 20.31 746.33 4.13 -0.60 18.09 664.61
Essex Cty 5.00 20.35 747.64 4.15 18.11 665.24
Mdsx Low 4.85 20.20 742.13 4.05 18.01 661.57
Mdsx High 5.04 20.39 749.11 4.17 18.13 665.98
Mdsx Average4.95 -0.37 20.30 745.71 4.12 -0.61 18.07 664.05
Hensall 4.90 20.25 743.97 4.10 18.06 663.41
Bruce 4.85 20.20 742.13 4.05 18.01 661.57
Putnam 4.90 20.25 743.97 4.10 18.06 663.41
Burford 5.11 20.46 751.68 4.24 18.20 668.55
Port Perry 4.95 20.30 745.81 4.08 18.04 662.67
Norfolk 5.00 20.35 747.64 4.15 18.11 665.24
Palmerston 4.87 20.22 742.87 N/A
Varna 4.90 20.25 743.97 4.10 18.06 663.41
Trenton 4.90 20.25 743.97 4.10 18.06 663.41
Winchester 4.90 20.25 743.97 4.05 18.01 661.57
North Gower 4.65 20.00 734.78 3.85 17.81 654.22
Vankleek Hil5.33 20.68 759.77 4.04 18.00 661.20
Huron FOB N/A 4.95 5.31 N/A N/A
Kent FOB 5.30 20.65 758.67 4.15 18.11 665.24
Lambton FOB 5.20 20.55 754.99 N/A
Mdsx FOB 5.21 5.34 N/A N/A 20.56 755.36 4.43 18.39 675.53
PROCESSORS
Windsor N/A 4.78 18.74 688.39
TRANSFER
Hamilton 5.65 21.00 771.53 4.80 18.76 689.13
Prescott N/A 4.45 18.41 676.27
Port Colborn5.23 20.58 756.09 4.92 18.88 693.54
Toledo El. -0.27 15.08 553.97 -0.61 13.35 490.36
Exchange rate was 1.3546 up 0.0008
Chicago wheat closed moderately lower.
MAR23 HI 7.54 JUL23 HI 7.72
LOW 7.33 LOW 7.54
CLOSE 7.36 1/2 Down 14 CLOSE 7.56 1/2 Down 12 1/4
Minni wheat closed slightly lower.
MAR23 HI 9.27 3/4 SEP23 HI 8.96 3/4
LOW 9.13 LOW 8.85 3/4
CLOSE 9.14 1/4 Down 10 1/4 CLOSE 8.86 1/4 Down 8 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 1.55 N/A N/A N/A 1.40 N/A
London 2.55 2.08 1.40 N/A 2.83 1.95 1.34 N/A
Hensall 4.30 N/A 1.55 N/A 2.90 N/A 1.40 N/A
Trenton N/A N/A N/A N/A N/A N/A 1.40 N/A
Bruce 2.35 1.85 1.50 1.15 2.30 1.80 1.40 1.15
Essex N/A N/A 1.55 N/A N/A N/A 1.40 N/A
Norwich 4.30 N/A 1.55 N/A 2.90 N/A 1.40 N/A
Belmore 2.50 1.75 1.55 1.15 2.00 1.90 1.40 N/A
Kent Bridge 4.30 N/A 1.55 N/A 2.90 N/A 1.40 N/A
Chatham N/A N/A 1.55 N/A N/A N/A 1.40 N/A
Brigden N/A N/A 1.55 N/A N/A N/A 1.40 N/A
Palmerston N/A 1.99 1.45 N/A N/A N/A N/A N/A
Varna 4.25 2.30 1.55 N/A 2.85 2.00 1.40 N/A
Mitchell 4.30 N/A 1.55 N/A 2.90 1.95 1.40 N/A
Thornton 2.55 2.08 1.40 2.11 2.83 1.95 1.34 N/A
North Gower N/A 1.30 1.70 1.77 N/A 1.00 1.40 1.42
W O Feed 2.30
TERMINAL
Port Colbor N/A N/A 2.08 N/A N/A N/A 1.94 N/A
PROCESSORS
Toledo FM N/A N/A N/A N/A N/A N/A 2.55 N/A
Toledo El. 7.12US 9.64CA 7.32US 9.91CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 774.50
DDG's FOB Aylm 375.00