FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, December 29
29 Dec 2021
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, December 29 Exchange rate was 1.2797 down 0.0026 Chicago soybeans closed slightly higher. MAR22 HI 13.72 1/2 NOV22 HI 12.80 1/2 LOW 13.55 LOW 12.65 CLOSE13.68 3/4 Up 3/4 CLOSE 12.80 Up 7 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR22+MAR22+MAR22 CK Low 3.33 17.02 625.29 2.85 15.65 575.04 CK High 3.45 17.14 629.70 2.95 15.75 578.71 CK Average 3.39 -0.34 17.07 627.39 2.87 -0.57 15.67 575.93 Essex Cty 3.40 17.09 627.86 2.85 15.65 575.04 Mdsx Low 3.37 17.06 626.76 2.85 15.65 575.04 Mdsx High 3.40 17.09 627.86 2.95 15.75 578.71 Mdsx Average3.38 -0.35 17.07 627.25 2.90 -0.54 15.70 577.00 Hensall 3.35 17.04 626.14 2.87 15.67 575.65 Bruce 3.28 16.97 623.45 2.85 15.65 575.04 Putnam 3.40 17.09 627.86 2.85 15.65 575.04 Burford 3.44 17.13 629.33 2.98 15.78 579.82 Port Perry 3.32 17.01 624.92 2.86 15.66 575.41 Norfolk 3.45 17.14 629.70 2.85 15.65 575.04 Palmerston 3.34 17.03 625.65 2.90 15.70 576.88 Varna 3.33 17.02 625.29 2.85 15.65 575.04 Trenton 3.33 17.02 625.29 2.95 15.75 578.71 Winchester 3.47 17.16 630.43 2.94 15.74 578.35 North Gower 3.08 16.77 616.10 3.00 15.80 580.55 Vankleek Hil3.26 16.95 622.71 3.13 15.93 585.33 Huron FOB N/A 3.63 3.78 3.78 N/A Kent FOB 3.55 17.24 633.37 2.85 15.65 575.04 Lambton FOB 3.43 17.12 628.96 2.95 15.75 578.71 Mdsx FOB 3.47 3.47 3.68 3.75 17.16 630.43 2.97 15.77 579.45 PROCESSORS Windsor 4.19 17.88 656.89 3.17 15.97 586.80 TRANSFER Hamilton 3.90 17.59 646.23 3.25 16.05 589.74 Prescott N/A 3.52 16.32 599.66 Port Colborn3.69 17.38 638.51 3.38 16.18 594.51 Toledo El. -0.26 13.43 493.53 -0.51 12.29 451.49 Exchange rate was 1.2797 down 0.0026 Chicago wheat closed slightly higher. MAR22 HI 7.93 JUL22 HI 7.89 1/2 LOW 7.74 LOW 7.74 1/2 CLOSE 7.87 3/4 Up 4 1/4 CLOSE 7.85 1/2 Up 1 3/4 Minni wheat closed slightly to moderately higher. MAR22 HI 10.12 SEP22 HI 9.31 1/2 LOW 9.93 3/4 LOW 9.22 CLOSE 10.09 Up 9 1/2 CLOSE 9.29 1/4 Up 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 1.16 1.55 1.10 N/A 1.74 1.74 1.61 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 1.65 1.50 Essex N/A N/A 1.25 N/A N/A N/A 1.65 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 1.25 N/A N/A N/A 1.65 N/A Brigden N/A N/A 1.25 N/A N/A N/A 1.65 N/A Palmerston N/A N/A 1.12 1.93 N/A N/A 1.64 1.65 Varna 1.60 2.10 1.35 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 1.16 1.55 1.10 1.33 1.74 1.74 1.61 N/A North Gower N/A 1.05 1.45 1.17 N/A N/A 1.76 N/A W O Feed 2.07 TERMINAL Port Colbor N/A N/A 1.68 N/A N/A N/A 1.94 N/A PROCESSORS Toledo FM N/A N/A 2.59 N/A N/A N/A 2.34 N/A Toledo El. 7.73US 9.89CA 7.81US 10.00CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 612.01 DDG's FOB Srn & Aylm 240.00