Farm Market News - Soybean And Wheat Report For Wed, June 7
- Details
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, June 7
Exchange rate was 1.332 down 0.0045
Chicago soybeans closed mixed.
AUG23 HI 12.76 NOV23 HI 11.88 1/4
LOW 12.60 LOW 11.76
CLOSE12.67 1/4 Up 1 1/2 CLOSE 11.78 1/2 Down 6 1/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +AUG23+AUG23+NOV23
CK Low 4.75 17.42 640.17 2.79 14.58 535.54
CK High 4.80 17.47 642.00 2.90 14.69 539.58
CK Average 4.76 0.41 17.43 640.43 2.82 -0.82 14.61 536.64
Essex Cty 4.75 17.42 640.17 2.80 14.59 535.91
Mdsx Low 4.73 17.40 639.43 2.77 14.56 534.80
Mdsx High 4.75 17.42 640.17 2.80 14.59 535.91
Mdsx Average4.75 0.40 17.42 639.98 2.79 -0.84 14.58 535.63
Hensall 4.77 17.44 640.78 2.78 14.57 535.29
Bruce 4.70 17.37 638.33 2.80 14.59 535.91
Putnam 4.75 17.42 640.17 2.80 14.59 535.91
Burford 4.83 17.50 643.11 2.87 14.66 538.48
Port Perry 4.67 17.34 637.23 2.71 14.50 532.60
Norfolk 4.75 17.42 640.17 2.80 14.59 535.91
Palmerston 4.70 17.37 638.33 2.80 14.59 535.91
Varna 4.75 17.42 640.17 2.75 14.54 534.07
Trenton 4.75 17.42 640.17 2.80 14.59 535.91
Winchester N/A 3.20 14.99 550.60
North Gower 4.69 17.36 637.96 3.10 14.89 546.93
Vankleek Hil5.50 18.17 667.73 2.86 14.65 538.11
Huron FOB 4.75 5.04 5.11 N/A 17.42 640.17 N/A
Kent FOB 5.00 17.67 649.35 2.80 14.59 535.91
Lambton FOB 4.73 17.40 639.43 N/A
Mdsx FOB 4.95 5.15 N/A N/A 17.62 647.52 2.97 14.76 542.15
PROCESSORS
Windsor 5.46 18.13 666.26 3.47 15.26 560.53
TRANSFER
Hamilton 5.30 17.97 660.38 3.45 15.24 559.79
Prescott N/A 3.38 15.17 557.22
Port Colborn N/A 3.48 15.27 560.89
Toledo El. 1.07 13.74 504.79 -0.60 11.19 411.00
Exchange rate was 1.332 down 0.0045
Chicago wheat closed moderately lower.
JUL23 HI 6.35 1/2 JUL23 HI 6.35 1/2
LOW 6.13 1/4 LOW 6.13 1/4
CLOSE 6.16 3/4 Down 11 CLOSE 6.16 3/4 Down 11
Minni wheat closed lower.
JUL23 HI 8.18 1/4 SEP23 HI 8.20 1/2
LOW 7.90 1/4 LOW 7.92 3/4
CLOSE 7.94 Down 22 1/2 CLOSE 7.96 1/2 Down 23
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 1.20 N/A N/A N/A 0.80 N/A
London 2.06 1.60 1.26 N/A 2.27 1.39 0.83 N/A
Hensall 2.55 1.95 1.25 1.55 2.50 1.55 0.85 1.35
Trenton N/A N/A N/A N/A N/A N/A 0.85 N/A
Bruce 2.20 1.70 1.20 1.15 1.80 1.30 0.80 1.15
Essex N/A N/A 1.30 N/A N/A N/A 0.85 N/A
Norwich N/A N/A 1.25 N/A 2.55 N/A 0.85 N/A
Belmore N/A 1.65 1.25 1.15 1.80 1.30 0.85 1.15
Kent Bridge N/A N/A 1.25 N/A 2.55 N/A 0.85 N/A
Chatham N/A N/A 1.30 N/A N/A N/A 0.85 N/A
Brigden N/A N/A 1.30 N/A N/A N/A 0.85 N/A
Palmerston 2.20 1.70 1.20 1.15 1.80 1.30 0.80 1.15
Varna 2.55 1.95 1.25 N/A 2.50 1.55 0.85 N/A
Mitchell N/A N/A 1.25 N/A 2.55 1.55 0.85 N/A
Thornton 2.06 1.60 1.26 1.42 2.27 1.39 0.83 N/A
North Gower N/A 1.00 1.30 1.42 N/A 0.90 1.10 1.17
W O Feed 2.09
TERMINAL
Port Colbor N/A N/A 1.86 N/A N/A N/A 1.39 N/A
PROCESSORS
Toledo FM N/A N/A 1.85 N/A N/A N/A 1.85 N/A
Toledo El. 5.92US 7.88CA 5.92US 7.88CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 656.11
DDG's FOB Aylm 300.00