FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, September 18
18 Sep 2017
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, September 18 Exchange rate was 1.2302 up 0.0118 Chicago soybeans closed slightly lower. NOV17 HI 9.76 1/2 NOV17 HI 9.76 1/2 LOW 9.66 LOW 9.66 CLOSE9.67 3/4 Down 1 CLOSE 9.67 3/4 Down 1 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +NOV1+NOV1+JAN18 CK Low 1.35 11.03 405.191.30 10.98 403.35 CK High 1.45 11.13 408.871.40 11.08 407.03 CK Average 1.41 -0.6711.08 407.271.37 -0.6411.04 405.74 Essex Cty 1.35 11.03 405.191.35 11.03 405.19 Mdsx Low 1.45 11.13 408.871.40 11.08 407.03 Mdsx High 1.45 11.13 408.871.45 11.13 408.87 Mdsx Average 1.45 -0.6311.13 408.871.43 -0.5911.10 407.95 Hensall 1.43 11.10 407.951.40 11.08 407.03 Bruce N/A 1.40 11.08 407.03 Putnam 1.45 11.13 408.871.35 11.03 405.19 Burford N/A 1.49 11.17 410.34 Port Perry N/A 1.45 11.13 408.87 Norfolk 1.40 11.08 407.031.40 11.08 407.03 Palmerston 1.45 11.13 408.871.45 11.13 408.87 Varna 1.50 11.18 410.701.35 11.03 405.19 Trenton N/A 1.40 11.08 407.03 Winchester N/A 1.46 11.14 409.23 North Gower N/A 1.59 11.27 414.01 Huron FOB 1.55 11.23 412.541.50 11.18 410.70 Kent FOB N/A 1.35 11.03 405.19 Lambton FOB 1.45 11.13 408.871.45 11.13 408.87 Middlesex FOB1.62 1.62 1.62 1.71 11.30 415.111.62 11.30 415.11 PROCESSORS Hamilton 2.07 1.89 1.95 1.97 11.75 431.651.89 11.57 425.03 N/A N/A N/A TRANSFER Prescott 1.64 11.32 415.851.88 11.56 424.67 Sarnia N/A N/A Toledo El. N/A -0.59 9.09 334.05 Exchange rate was 1.2302 up 0.0118 Chicago wheat closed slightly to moderately lower. DEC17 HI 4.50 3/4 JUL18 HI 4.94 1/4 LOW 4.42 1/4 LOW 4.87 CLOSE 4.43 1/2 Down 5 1/2 CLOSE 4.88 1/4 Down 4 Minni wheat closed narrowly mixed. DEC17 HI 6.26 1/4 SEP18 HI 6.30 1/2 LOW 6.18 LOW 6.28 CLOSE 6.22 1/4 Up 3/4 CLOSE 6.29 Down 1 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.65 0.90 0.77 0.33 CAD $/bu 5.09 5.33 5.21 6.55 CAD $/tonne 186.91 195.95 191.43 240.58 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 0.35 N/A N/A N/A 0.60 N/A London 0.42 0.54 0.42 N/A 0.87 0.63 0.57 N/A Hensall 0.40 N/A 0.35 N/A 0.85 N/A 0.60 N/A Trenton N/A N/A 0.65 N/A N/A N/A 0.70 N/A Bruce 0.40 0.45 0.35 0.25 0.85 0.65 0.60 0.35 Essex N/A N/A N/A N/A N/A N/A 0.49 N/A Norwich 0.40 N/A 0.35 N/A 0.85 N/A 0.60 N/A Port Hope N/A 0.65 0.55 N/A N/A 0.65 0.70 N/A Kent Bridge 0.40 N/A 0.35 N/A 0.85 N/A 0.60 N/A Chatham N/A N/A 0.40 N/A N/A N/A 0.55 N/A Brigden N/A N/A 0.40 N/A N/A N/A 0.55 N/A Palmerston N/A 0.45 0.35 0.25 N/A 0.65 0.45 0.35 Varna 0.65 0.45 0.35 N/A 0.80 0.60 0.55 N/A Mitchell 0.40 0.40 0.35 N/A 0.85 0.65 0.60 N/A Thornton N/A N/A N/A 0.09 N/A N/A N/A N/A North Gower N/A 0.86 0.74 0.16 N/A 0.83 0.77 0.02 W O Feed 1.04 TERMINAL Sarnia N/A N/A N/A 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 1.27N/A N/A N/A 0.96N/A Toledo El. 4.24US 5.21CA 4.68US 5.72CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.71 0.71 0.65 0.05 CAD $/bu 5.60 5.60 5.54 6.34 CAD $/tonne 205.64 205.64 203.40 232.90 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 460.77 DDG's FOB Srn & Aylm 145.00