FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, September 19
19 Sep 2017
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, September 19 Exchange rate was 1.2261 down 0.0041 Chicago soybeans closed slightly lower. NOV17 HI 9.71 3/4 NOV17 HI 9.71 3/4 LOW 9.58 1/2 LOW 9.58 1/2 CLOSE9.65 1/2 Down 2 1/4 CLOSE 9.65 1/2 Down 2 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +NOV1+NOV1+JAN18 CK Low 1.40 11.06 406.201.30 10.96 402.53 CK High 1.50 11.16 409.881.50 11.16 409.88 CK Average 1.45 -0.6011.11 408.041.41 -0.6411.06 406.51 Essex Cty 1.35 11.01 404.361.35 11.01 404.36 Mdsx Low 1.45 11.11 408.041.40 11.06 406.20 Mdsx High 1.45 11.11 408.041.51 11.17 410.24 Mdsx Average 1.45 -0.6011.11 408.041.46 -0.6011.11 408.22 Hensall 1.43 11.08 407.121.40 11.06 406.20 Bruce N/A 1.40 11.06 406.20 Putnam 1.45 11.11 408.041.35 11.01 404.36 Burford N/A 1.55 11.21 411.71 Port Perry N/A 1.51 11.17 410.24 Norfolk 1.50 11.16 409.881.50 11.16 409.88 Palmerston 1.45 11.11 408.041.45 11.11 408.04 Varna 1.40 11.06 406.201.40 11.06 406.20 Trenton N/A 1.45 11.11 408.04 Winchester N/A 1.46 11.12 408.41 North Gower N/A 1.65 11.31 415.39 Huron FOB 1.55 11.21 411.711.50 11.16 409.88 Kent FOB N/A 1.45 11.11 408.04 Lambton FOB 1.55 11.21 411.711.55 11.21 411.71 Middlesex FOB1.69 1.69 1.69 1.78 11.35 416.861.69 11.35 416.86 PROCESSORS Hamilton 2.16 2.03 2.09 2.12 11.82 434.132.03 11.69 429.35 N/A N/A N/A TRANSFER Prescott 1.64 11.30 415.021.88 11.54 423.84 Sarnia N/A N/A Toledo El. N/A -0.59 9.07 333.11 Exchange rate was 1.2261 down 0.0041 Chicago wheat closed narrowly mixed. DEC17 HI 4.46 3/4 JUL18 HI 4.91 1/4 LOW 4.35 3/4 LOW 4.82 1/4 CLOSE 4.43 Down 1/2 CLOSE 4.89 1/4 Up 1 Minni wheat closed slightly to moderately lower. DEC17 HI 6.24 1/4 SEP18 HI 6.29 LOW 6.15 LOW 6.26 1/2 CLOSE 6.17 1/4 Down 5 CLOSE 6.28 1/4 Down 3/4 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.63 0.88 0.76 0.29 CAD $/bu 5.06 5.31 5.19 6.46 CAD $/tonne 186.06 195.07 190.57 237.53 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 0.45 N/A N/A N/A 0.60 N/A London 0.44 0.57 0.44 N/A 0.91 0.66 0.60 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 0.52 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 0.60 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 0.45 N/A N/A N/A 0.55 N/A Brigden N/A N/A 0.45 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 0.70 0.45 0.40 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 0.18 N/A N/A N/A N/A North Gower N/A 0.90 0.77 0.25 N/A 0.85 0.79 0.05 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 1.25N/A N/A N/A 0.99N/A Toledo El. 4.23US 5.19CA 4.74US 5.82CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.74 0.74 0.68 0.08 CAD $/bu 5.64 5.64 5.57 6.36 CAD $/tonne 207.10 207.10 204.85 233.71 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 456.36 DDG's FOB Srn & Aylm 145.00