Farm Market News - Soybean And Wheat Report For Wed, September 20
- Details
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 -