FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, August 15
15 Aug 2017
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, August 15 Exchange rate was 1.2755 up 0.0040 Chicago soybeans closed moderately lower. NOV17 HI 9.39 1/4 NOV17 HI 9.39 1/4 LOW 9.22 3/4 LOW 9.22 3/4 CLOSE9.24 1/4 Down 14 CLOSE 9.24 1/4 Down 14 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +NOV1+NOV1+NOV17 CK Low 1.90 11.14 409.421.65 10.89 400.23 CK High 2.05 11.29 414.931.90 11.14 409.42 CK Average 1.99 -0.4411.23 412.721.75 -0.6110.99 403.72 Essex Cty 1.90 11.14 409.421.60 10.84 398.39 Mdsx Low 2.00 11.24 413.091.75 10.99 403.91 Mdsx High 2.05 11.29 414.931.83 11.07 406.84 Mdsx Average 2.03 -0.4111.27 414.011.79 -0.5811.03 405.37 Hensall 2.02 11.26 413.641.78 11.02 404.82 Bruce 2.00 11.24 413.091.75 10.99 403.91 Putnam 2.00 11.24 413.091.85 11.09 407.58 Burford 2.12 11.36 417.501.90 11.14 409.42 Port Perry 2.05 11.29 414.931.83 11.07 406.84 Norfolk 2.05 11.29 414.931.80 11.04 405.74 Palmerston 1.85 11.09 407.581.70 10.94 402.07 Varna 2.03 11.27 414.191.80 11.04 405.74 Trenton 1.95 11.19 411.251.75 10.99 403.91 Winchester 1.80 11.04 405.742.00 11.24 413.09 North Gower 1.87 11.11 408.311.94 11.18 410.89 Huron FOB 2.13 11.37 417.871.90 11.14 409.42 Kent FOB 2.10 11.34 416.771.75 10.99 403.91 Lambton FOB 2.20 11.44 420.441.95 11.19 411.25 Middlesex FOB2.28 2.22 N/A N/A 11.52 423.382.01 11.25 413.46 PROCESSORS Hamilton 2.62 2.43 2.30 2.35 11.86 435.872.30 11.54 424.11 N/A N/A N/A TRANSFER Prescott 2.00 11.24 413.092.19 11.43 420.07 Sarnia 2.27 11.51 423.012.17 11.41 419.34 Toledo El. -0.33 8.91 327.42-0.65 8.59 315.75 Exchange rate was 1.2755 up 0.0040 Chicago wheat closed lower. SEP17 HI 4.40 1/4 JUL18 HI 5.12 3/4 LOW 4.28 LOW 5.00 1/2 CLOSE 4.29 1/2 Down 11 1/2 CLOSE 5.01 3/4 Down 11 3/4 Minni wheat closed moderately lower to lower. SEP17 HI 6.70 SEP18 HI 6.26 LOW 6.50 LOW 6.20 1/2 CLOSE 6.58 1/4 Down 11 3/4 CLOSE 6.22 1/2 Down 5 3/4 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.80 0.80 0.74 -0.10 CAD $/bu 5.10 5.10 5.03 6.48 CAD $/tonne 187.23 187.23 184.89 238.20 Direct MarkHarvest 2017 Harvest 2018 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 0.60 N/A N/A N/A 0.60 N/A London 0.75 0.82 0.63 N/A 0.89 0.69 0.63 N/A Hensall 0.70 N/A 0.60 N/A 0.90 N/A 0.60 N/A Trenton N/A N/A 0.88 N/A N/A N/A 0.85 N/A Bruce 0.70 0.60 0.60 0.25 0.90 0.65 0.60 0.35 Essex N/A N/A 0.50 N/A N/A N/A 0.68 N/A Norwich 0.70 N/A 0.60 N/A 0.90 N/A 0.60 N/A Port Hope N/A 0.75 0.75 N/A N/A 0.65 0.70 N/A Kent Bridge 0.70 N/A 0.60 N/A 0.90 N/A 0.60 N/A Chatham N/A N/A 0.60 N/A N/A N/A 0.60 N/A Brigden N/A N/A 0.60 N/A N/A N/A 0.60 N/A Palmerston N/A 0.60 0.55 0.25 N/A 0.65 0.60 0.35 Varna 0.90 0.65 0.60 N/A 0.85 0.65 0.60 N/A Mitchell 0.70 0.60 0.60 N/A 0.90 0.65 0.60 N/A Thornton N/A N/A N/A -0.13 N/A N/A N/A N/A North Gower N/A 0.82 0.75 -0.09 N/A 1.02 1.02 0.30 W O Feed 1.15 TERMINAL Sarnia N/A N/A 0.87 N/A N/A N/A N/A N/A Prescott N/A N/A N/A N/A N/A N/A N/A N/A PROCESSORS Toledo FM N/A N/A 1.31N/A N/A N/A N/A N/A Toledo El. 4.25US 5.41CA 4.82US 6.13CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.86 0.86 0.86 0.30 CAD $/bu 5.88 5.88 5.88 6.52 CAD $/tonne 216.00 216.00 216.00 239.73 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 428.59 DDG's FOB Srn & Aylm 140.00 - 155.00