Red Deer

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, September 20 Exchange rate was 1.3421 down 0.0004 Chicago soybeans closed slightly higher. NOV23 HI 13.22 3/4 NOV23 HI 13.22 3/4 LOW 13.10 1/4 LOW 13.10 1/4 CLOSE13.20 Up 4 1/2 CLOSE 13.20 Up 4 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV23+NOV23+JAN24 CK Low 4.21 17.41 639.71 3.40 16.60 609.95 CK High 4.35 17.55 644.85 3.60 16.80 617.29 CK Average 4.28 -0.17 17.48 642.35 3.52 -0.74 16.72 614.35 Essex Cty 4.35 17.55 644.85 3.60 16.80 617.29 Mdsx Low 4.19 17.39 638.97 3.50 16.70 613.62 Mdsx High 4.30 17.50 643.01 3.55 16.75 615.46 Mdsx Average4.25 -0.20 17.45 641.06 3.52 -0.74 16.72 614.26 Hensall 4.28 17.48 642.40 3.50 16.70 613.62 Bruce N/A 3.50 16.70 613.62 Putnam 4.25 17.45 641.18 3.50 16.70 613.62 Guelph N/A 3.49 16.69 613.25 Burford 4.27 17.47 641.91 3.60 16.80 617.29 Port Perry 4.16 17.36 637.87 3.49 16.69 613.25 Norfolk N/A 3.60 16.80 617.29 Palmerston 4.30 17.50 643.01 3.50 16.70 613.62 Varna 4.30 17.50 643.01 3.50 16.70 613.62 Trenton N/A 3.50 16.70 613.62 Winchester N/A 3.40 16.60 609.95 North Gower 4.50 17.70 650.36 3.80 17.00 624.64 Vankleek Hil4.49 17.69 650.00 3.54 16.74 615.09 Huron FOB 4.41 3.50 3.50 3.61 17.61 647.06 3.50 16.70 613.62 Kent FOB N/A 3.55 16.75 615.46 Lambton FOB N/A 3.60 16.80 617.29 Mdsx FOB 4.34 3.58 3.70 3.82 17.54 644.48 3.58 16.78 616.56 PROCESSORS Windsor 3.99 17.19 631.62 4.09 17.29 635.30 TRANSFER Hamilton 5.05 18.25 670.57 4.15 17.35 637.50 Prescott N/A 4.07 17.27 634.56 Port Colborn N/A 4.23 17.43 640.44 Toledo El. -0.94 12.26 450.50 -0.94 12.26 450.50 Exchange rate was 1.3421 down 0.0004 Chicago wheat closed slightly higher. DEC23 HI 5.96 1/4 JUL24 HI 6.46 1/4 LOW 5.81 1/2 LOW 6.33 3/4 CLOSE 5.88 3/4 Up 4 3/4 CLOSE 6.39 1/2 Up 3 1/2 Minni wheat closed slightly higher. DEC23 HI 7.88 3/4 SEP24 HI 8.03 3/4 LOW 7.75 3/4 LOW 8.00 CLOSE 7.83 1/2 Up 3 3/4 CLOSE 8.03 3/4 Up 3 Direct MarkHarvest 2023 Harvest 2024 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 0.50 N/A N/A N/A 0.85 N/A London 1.28 1.21 0.54 N/A 1.43 1.32 0.78 N/A Hensall 1.60 1.30 0.50 1.15 1.70 1.50 0.85 N/A Trenton N/A N/A 0.50 N/A N/A N/A N/A N/A Bruce 1.30 1.00 0.50 1.00 1.35 1.35 0.85 N/A Essex N/A N/A 0.45 N/A N/A N/A 0.85 N/A Norwich 1.65 N/A 0.55 N/A 1.75 N/A 0.85 N/A Belmore 1.60 1.10 0.50 1.20 1.70 1.15 0.85 N/A Kent Bridge 1.65 N/A 0.45 N/A 1.75 N/A 0.85 N/A Chatham N/A N/A 0.45 N/A N/A N/A 0.85 N/A Brigden N/A N/A 0.35 N/A N/A N/A 0.85 N/A Palmerston 1.60 1.10 0.50 1.20 1.70 1.15 0.85 N/A Varna 1.60 1.30 0.50 N/A 1.70 1.50 0.85 N/A Mitchell 1.65 1.30 0.55 N/A 1.75 1.50 0.85 N/A Thornton 1.28 1.21 0.54 1.07 1.43 1.32 0.78 N/A North Gower N/A 0.50 0.70 1.05 N/A 0.72 1.02 0.87 W O Feed 1.32 TERMINAL Port Colbor N/A N/A 1.08 N/A N/A N/A 1.25 N/A PROCESSORS Toledo FM N/A N/A 1.54 N/A N/A N/A N/A N/A Toledo El. 5.34US 7.16CA 6.16US 8.26CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 667.13 DDG's FOB Aylm -