FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, June 9
Exchange rate was 1.3287 down 0.0039
Chicago soybeans closed slightly higher.
AUG23 HI 13.00 1/4 NOV23 HI 12.05 3/4
LOW 12.72 LOW 11.82 1/4
CLOSE12.96 Up 16 3/4 CLOSE 12.04 1/4 Up 15 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 4.70 17.66 648.89 2.75 14.79 543.53
CK High 4.75 17.71 650.73 2.85 14.89 547.21
CK Average 4.73 0.35 17.69 649.94 2.77 -0.89 14.82 544.42
Essex Cty 4.75 17.71 650.73 2.85 14.89 547.21
Mdsx Low 4.70 17.66 648.89 2.75 14.79 543.53
Mdsx High 4.75 17.71 650.73 2.75 14.79 543.53
Mdsx Average4.72 0.35 17.68 649.63 2.75 -0.91 14.79 543.53
Hensall 4.77 17.73 651.34 2.75 14.79 543.53
Bruce 4.70 17.66 648.89 2.75 14.79 543.53
Putnam 4.70 17.66 648.89 2.75 14.79 543.53
Burford 4.83 17.79 653.67 2.85 14.89 547.21
Port Perry 4.67 17.63 647.79 2.69 14.73 541.33
Norfolk 4.75 17.71 650.73 2.75 14.79 543.53
Palmerston 4.80 17.76 652.57 2.75 14.79 543.53
Varna 4.80 17.76 652.57 2.75 14.79 543.53
Trenton 4.70 17.66 648.89 2.75 14.79 543.53
Winchester N/A 3.15 15.19 558.23
North Gower 4.66 17.62 647.42 3.10 15.14 556.39
Vankleek Hil5.49 18.45 677.92 2.87 14.91 547.94
Huron FOB 4.88 5.01 5.14 N/A 17.84 655.51 N/A
Kent FOB 5.00 17.96 659.92 2.75 14.79 543.53
Lambton FOB 4.75 17.71 650.73 N/A
Mdsx FOB 4.95 5.15 N/A N/A 17.91 658.08 2.94 14.98 550.51
PROCESSORS
Windsor 5.56 18.52 680.49 3.54 15.58 572.56
TRANSFER
Hamilton 5.30 18.26 670.94 3.40 15.44 567.41
Prescott N/A 3.36 15.40 565.94
Port Colborn N/A 3.46 15.50 569.62
Toledo El. 1.06 14.02 515.26 -0.60 11.44 420.52
Exchange rate was 1.3287 down 0.0039
Chicago wheat closed slightly higher.
JUL23 HI 6.32 1/4 JUL23 HI 6.32 1/4
LOW 6.18 1/2 LOW 6.18 1/2
CLOSE 6.30 1/4 Up 4 CLOSE 6.30 1/4 Up 4
Minni wheat closed slightly lower.
JUL23 HI 8.15 3/4 SEP23 HI 8.17 3/4
LOW 8.01 3/4 LOW 8.03 3/4
CLOSE 8.11 3/4 Down 4 CLOSE 8.12 1/2 Down 5 1/2
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 1.25 N/A N/A N/A 0.85 N/A
London 2.05 1.58 1.24 N/A 2.25 1.38 0.82 N/A
Hensall 2.45 1.95 1.25 1.45 2.50 1.55 0.80 1.35
Trenton N/A N/A N/A N/A N/A N/A 0.80 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 0.82 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 0.82 N/A
Brigden N/A N/A 1.30 N/A N/A N/A 0.82 N/A
Palmerston N/A 1.65 1.25 1.15 1.80 1.30 0.80 1.15
Varna 2.45 1.95 1.25 N/A 2.50 1.55 0.80 N/A
Mitchell N/A N/A 1.25 N/A 2.55 1.55 0.85 N/A
Thornton 2.05 1.58 1.24 1.39 2.25 1.38 0.82 N/A
North Gower N/A 1.00 1.30 1.42 N/A 0.90 1.10 1.17
W O Feed 2.18
TERMINAL
Port Colbor N/A N/A 1.85 N/A N/A N/A 1.38 N/A
PROCESSORS
Toledo FM N/A N/A 1.87 N/A N/A N/A 1.87 N/A
Toledo El. 6.05US 8.04CA 6.05US 8.04CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 647.29
DDG's FOB Aylm 300.00
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