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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, November 13

13 Nov 2017
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, November 13 Exchange rate was 1.2729 up 0.0048 Chicago soybeans closed slightly to moderately lower. JAN18 HI 9.90 1/4 NOV18 HI 10.01 1/2 LOW 9.73 3/4 LOW 9.87 CLOSE9.74 1/4 Down 12 3/4 CLOSE 9.88 Down 10 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR18 CK Low 1.75 11.49 422.281.85 11.73 431.00 CK High 1.85 11.59 425.952.00 11.88 436.52 CK Average 1.82 -0.6611.56 424.851.92 -0.5811.80 433.70 Essex Cty 1.80 11.54 424.111.85 11.73 431.00 Mdsx Low 1.82 11.56 424.851.94 11.82 434.31 Mdsx High 1.85 11.59 425.951.95 11.83 434.68 Mdsx Average 1.84 -0.6511.58 425.401.95 -0.5711.83 434.49 Hensall 1.85 11.59 425.951.95 11.83 434.68 Bruce 1.80 11.54 424.111.90 11.78 432.84 Putnam 1.95 11.69 429.632.00 11.88 436.52 Burford 1.89 11.63 427.422.01 11.89 436.88 Port Perry 1.79 11.53 423.751.91 11.79 433.21 Norfolk 1.90 11.64 427.792.00 11.88 436.52 Palmerston 1.90 11.64 427.791.90 11.78 432.84 Varna 1.85 11.59 425.951.95 11.83 434.68 Trenton 1.85 11.59 425.951.95 11.83 434.68 Winchester 2.00 11.74 431.462.00 11.88 436.52 North Gower 1.85 11.59 425.951.85 11.73 431.00 Huron FOB 1.95 11.69 429.632.05 11.93 438.35 Kent FOB 1.95 11.69 429.631.95 11.83 434.68 Lambton FOB 1.75 11.49 422.282.00 11.88 436.52 Middlesex FOB1.98 2.04 2.09 2.12 11.72 430.732.06 11.94 438.72 TRANSFER Hamilton 2.20 11.94 438.81 N/A Prescott 2.08 11.82 434.402.05 11.93 438.35 Toledo El. -0.51 9.23 339.27-0.38 9.50 349.03 Exchange rate was 1.2729 up 0.0048 Chicago wheat closed slightly to moderately lower. DEC17 HI 4.32 JUL18 HI 4.73 LOW 4.22 1/4 LOW 4.65 CLOSE 4.24 1/4 Down 7 1/4 CLOSE 4.68 1/2 Down 4 1/2 Minni wheat closed moderately lower to lower. DEC17 HI 6.46 1/2 SEP18 HI 6.46 LOW 6.30 LOW 6.38 3/4 CLOSE 6.33 1/4 Down 14 1/4 CLOSE 6.39 Down 7 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.78 1.03 0.90 0.58 CAD $/bu 5.02 5.27 5.15 6.92 CAD $/tonne 184.40 193.75 189.07 254.09 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 0.90 N/A N/A N/A 0.75 N/A London 0.89 0.95 0.89 N/A 0.93 0.87 0.74 N/A Hensall 0.90 N/A 0.90 N/A 0.95 N/A 0.75 N/A Trenton N/A N/A N/A N/A N/A N/A 0.85 N/A Bruce 0.90 0.90 0.90 0.25 0.95 0.75 0.75 0.35 Essex N/A N/A N/A N/A N/A N/A 0.74 N/A Norwich 0.90 N/A 0.90 N/A 0.95 N/A 0.75 N/A Port Hope N/A 0.90 0.85 N/A N/A 0.75 0.75 N/A Kent Bridge 0.90 N/A 0.90 N/A 0.95 N/A 0.75 N/A Chatham N/A N/A 0.90 N/A N/A N/A 0.75 N/A Brigden N/A N/A 0.90 N/A N/A N/A 0.75 N/A Palmerston N/A 0.60 0.85 0.25 N/A 0.65 0.75 0.35 Varna 1.20 0.90 0.90 N/A 0.95 0.75 0.75 N/A Mitchell 0.90 0.90 0.90 N/A 0.95 0.75 0.75 N/A Thornton N/A N/A N/A 0.01 N/A N/A N/A N/A North Gower N/A 0.75 0.75 0.50 N/A 0.90 0.90 0.25 W O Feed 1.49 PROCESSORS Toledo FM N/A N/A 1.35 N/A N/A N/A 1.26 N/A Toledo El. 4.19US 5.34CA 4.54US 5.76CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.88 0.88 0.82 0.33 CAD $/bu 5.57 5.57 5.50 6.72 CAD $/tonne 204.59 204.59 202.25 246.81 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 456.70 DDG's FOB Srn & Aylm 140.00 - 145.00