News & Resources

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, December 27

27 Dec 2021
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, December 27 Exchange rate was 1.2798 down 0.0018 Chicago soybeans closed slightly to moderately higher. JAN22 HI 13.63 1/2 NOV22 HI 12.78 3/4 LOW 13.33 3/4 LOW 12.64 CLOSE13.62 1/2 Up 30 1/2 CLOSE 12.77 1/4 Up 12 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN22+MAR22+MAR22 CK Low 3.39 17.02 625.19 2.85 15.62 574.03 CK High 3.45 17.08 627.40 2.95 15.72 577.70 CK Average 3.41 -0.31 17.04 625.98 2.87 -0.56 15.64 574.61 Essex Cty 3.40 17.03 625.56 2.85 15.62 574.03 Mdsx Low 3.40 17.03 625.56 2.85 15.62 574.03 Mdsx High 3.50 17.13 629.24 2.95 15.72 577.70 Mdsx Average3.44 -0.29 17.07 627.15 2.90 -0.53 15.67 575.87 Hensall 3.43 17.06 626.79 2.88 15.66 575.25 Bruce 3.40 17.03 625.56 2.90 15.67 575.87 Putnam 3.40 17.03 625.56 2.85 15.62 574.03 Burford 3.50 17.13 629.24 2.97 15.74 578.44 Port Perry 3.38 17.01 624.83 2.85 15.62 574.03 Norfolk 3.40 17.03 625.56 2.85 15.62 574.03 Palmerston 3.48 17.11 628.50 2.90 15.67 575.87 Varna 3.45 17.08 627.40 2.90 15.67 575.87 Trenton 3.45 17.08 627.40 2.95 15.72 577.70 Winchester 3.38 17.01 624.83 2.90 15.67 575.87 North Gower 3.20 16.83 618.21 3.00 15.77 579.54 Vankleek Hil3.38 17.01 624.83 3.13 15.90 584.32 Huron FOB 3.61 3.74 3.76 3.76 17.24 633.28 N/A Kent FOB 3.60 17.23 632.91 2.85 15.62 574.03 Lambton FOB 3.45 17.08 627.40 2.95 15.72 577.70 Mdsx FOB 3.53 3.53 3.62 3.68 17.16 630.34 2.97 15.74 578.44 PROCESSORS Windsor 4.18 17.81 654.22 3.17 15.94 585.79 TRANSFER Hamilton 3.90 17.53 643.93 3.25 16.02 588.73 Prescott N/A 3.52 16.29 598.65 Port Colborn3.75 17.38 638.42 3.38 16.15 593.50 Toledo El. -0.26 13.37 491.23 -0.51 12.26 450.49 Exchange rate was 1.2798 down 0.0018 Chicago wheat closed slightly to moderately lower. MAR22 HI 8.24 JUL22 HI 8.13 3/4 LOW 8.02 1/2 LOW 7.99 1/4 CLOSE 8.04 Down 10 3/4 CLOSE 8.00 3/4 Down 5 Minni wheat closed slightly to moderately lower. MAR22 HI 10.36 3/4 SEP22 HI 9.50 1/2 LOW 10.21 LOW 9.42 1/2 CLOSE 10.24 1/2 Down 8 CLOSE 9.45 3/4 Down 2 1/4 Direct MarkHarvest 2021 Harvest 2022 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 1.30 N/A N/A N/A 1.70 N/A London 1.26 1.65 1.20 N/A 1.82 1.82 1.69 N/A Hensall 1.30 N/A 1.30 N/A 2.40 N/A 1.70 N/A Trenton N/A N/A N/A N/A N/A N/A 1.75 N/A Bruce 1.20 1.45 1.20 N/A 2.30 1.85 1.70 1.50 Essex N/A N/A 1.30 N/A N/A N/A 1.70 N/A Norwich 1.30 N/A 1.30 N/A 2.40 N/A 1.70 N/A Port Hope N/A N/A 1.30 N/A N/A N/A 1.70 N/A Kent Bridge 1.30 N/A 1.30 N/A 2.40 N/A 1.70 N/A Chatham N/A N/A 1.30 N/A N/A N/A 1.70 N/A Brigden N/A N/A 1.30 N/A N/A N/A 1.70 N/A Palmerston N/A N/A 1.16 1.97 N/A N/A 1.67 1.70 Varna 1.65 2.15 1.40 N/A 2.30 1.85 1.65 N/A Mitchell 1.30 1.90 1.30 N/A 2.40 1.85 1.70 N/A Thornton 1.26 1.65 1.20 1.44 1.82 1.82 1.69 N/A North Gower N/A 1.05 1.45 1.17 N/A N/A 1.75 N/A W O Feed 2.11 TERMINAL Port Colbor N/A N/A 1.78 N/A N/A N/A 2.02 N/A PROCESSORS Toledo FM N/A N/A 2.63 N/A N/A N/A 2.37 N/A Toledo El. 7.89US 10.10CA 7.96US 10.19CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 646.85 DDG's FOB Srn & Aylm 240.00