FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, September 12
12 Sep 2018
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, September 12 Exchange rate was 1.2971 down 0.0139 Chicago soybeans closed slightly higher. NOV18 HI 8.45 NOV18 HI 8.45 LOW 8.21 1/4 LOW 8.21 1/4 CLOSE8.40 Up 8 1/4 CLOSE 8.40 Up 8 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +NOV1+NOV1+JAN19 CK Low 2.33 10.73 394.262.52 10.92 401.24 CK High 2.45 10.85 398.672.60 11.00 404.18 CK Average 2.40 -0.0810.80 396.712.55 0.07 10.95 402.47 Essex Cty 2.40 10.80 396.832.40 10.80 396.83 Mdsx Low 2.36 10.76 395.362.55 10.95 402.34 Mdsx High 2.40 10.80 396.832.55 10.95 402.34 Mdsx Average 2.38 -0.0910.78 396.102.55 0.07 10.95 402.34 Hensall 2.40 10.80 396.832.55 10.95 402.34 Bruce 2.50 10.90 400.512.65 11.05 406.02 Putnam N/A 2.55 10.95 402.34 Burford 2.40 10.80 396.832.59 10.99 403.81 Port Perry 2.33 10.73 394.262.52 10.92 401.24 Norfolk 2.45 10.85 398.672.55 10.95 402.34 Palmerston 2.40 10.80 396.832.60 11.00 404.18 Varna N/A 2.55 10.95 402.34 Trenton N/A 2.55 10.95 402.34 Winchester N/A 2.56 10.96 402.71 North Gower N/A 2.70 11.10 407.86 Huron FOB 2.65 11.05 406.022.65 11.05 406.02 Kent FOB 2.45 10.85 398.672.55 10.95 402.34 Lambton FOB 2.50 10.90 400.512.70 11.10 407.86 Middlesex FOB2.53 2.57 2.70 2.69 10.93 401.612.57 10.97 403.08 PROCESSORS Windsor 2.52 10.92 401.242.52 10.92 401.24 TRANSFER Hamilton N/A 2.85 11.25 413.37 Prescott 2.04 10.44 383.602.83 11.23 412.63 Toledo El. -0.65 7.75 284.82-0.65 7.75 284.89 Exchange rate was 1.2971 down 0.0139 Chicago wheat closed moderately lower to lower. DEC18 HI 5.29 1/4 JUL19 HI 5.58 1/2 LOW 5.00 1/4 LOW 5.36 3/4 CLOSE 5.06 3/4 Down 12 CLOSE 5.45 Down 7 1/2 Minni wheat closed moderately lower. DEC18 HI 5.84 1/4 SEP19 HI 6.16 1/2 LOW 5.61 3/4 LOW 6.02 1/4 CLOSE 5.65 Down 10 1/4 CLOSE 6.04 Down 7 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.05 1.25 1.05 0.51 CAD $/bu 6.12 6.31 6.12 6.16 CAD $/tonne 224.84 231.99 224.84 226.39 Direct MarkHarvest 2018 Harvest 2019 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 0.80 N/A N/A N/A 0.95 N/A London 0.88 1.07 0.81 N/A 1.22 1.22 0.89 N/A Hensall 0.90 N/A 0.80 N/A 1.15 N/A 0.95 N/A Trenton N/A N/A N/A N/A N/A N/A 0.90 N/A Bruce 0.85 1.15 0.80 0.40 1.15 1.30 0.95 0.65 Essex N/A N/A N/A N/A N/A N/A 0.96 N/A Norwich 0.90 N/A 0.80 N/A 1.15 N/A 0.95 N/A Port Hope N/A 1.00 0.80 N/A N/A 1.20 0.95 N/A Kent Bridge 0.90 N/A 0.80 N/A 1.15 N/A 0.95 N/A Chatham N/A N/A 0.80 N/A N/A N/A 1.00 N/A Brigden N/A N/A 0.80 N/A N/A N/A 1.00 N/A Palmerston N/A 1.15 0.95 0.55 N/A 1.10 1.05 N/A Varna 1.00 1.20 0.80 N/A 1.15 1.30 0.95 N/A Mitchell 0.90 1.05 0.80 N/A 1.15 1.25 0.95 N/A Thornton N/A N/A N/A 0.18 N/A N/A N/A N/A North Gower N/A 1.10 1.00 0.50 N/A 1.20 1.15 0.40 W O Feed 1.48 PROCESSORS Toledo FM N/A N/A 1.44 N/A N/A N/A 1.73 N/A Toledo El. 4.92US 6.38CA 5.30US 6.85CA GFO Contract Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.15 1.21 1.15 0.41 CAD $/bu 6.60 6.66 6.60 6.45 CAD $/tonne 242.34 244.72 242.34 237.12 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 498.03 DDG's FOB Srn & Aylm 220.00