FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, December 30
30 Dec 2021
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, December 30 Exchange rate was 1.2747 down 0.0050 Chicago soybeans closed slightly to moderately lower. MAR22 HI 13.70 NOV22 HI 12.80 1/4 LOW 13.34 1/2 LOW 12.62 3/4 CLOSE13.38 1/2 Down 30 1/4 CLOSE 12.65 3/4 Down 14 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR22+MAR22+MAR22 CK Low 3.30 16.69 613.07 2.80 15.46 567.97 CK High 3.40 16.79 616.74 2.90 15.56 571.64 CK Average 3.35 -0.25 16.74 615.01 2.85 -0.50 15.50 569.70 Essex Cty 3.30 16.69 613.07 2.80 15.46 567.97 Mdsx Low 3.30 16.69 613.07 2.80 15.46 567.97 Mdsx High 3.40 16.79 616.74 2.90 15.56 571.64 Mdsx Average3.36 -0.25 16.74 615.15 2.86 -0.49 15.51 570.05 Hensall 3.38 16.77 616.01 2.87 15.52 570.42 Bruce 3.30 16.69 613.07 2.85 15.51 569.80 Putnam 3.40 16.79 616.74 2.85 15.51 569.80 Burford 3.44 16.83 618.21 2.94 15.60 573.11 Port Perry 3.32 16.71 613.80 2.82 15.48 568.70 Norfolk 3.35 16.74 614.91 2.80 15.46 567.97 Palmerston 3.33 16.72 614.17 2.84 15.50 569.44 Varna 3.34 16.73 614.54 2.85 15.51 569.80 Trenton 3.29 16.68 612.70 2.85 15.51 569.80 Winchester 3.40 16.79 616.74 2.91 15.57 572.01 North Gower 3.09 16.48 605.35 3.00 15.66 575.31 Vankleek Hil3.14 16.53 607.19 3.01 15.67 575.68 Huron FOB N/A 3.75 3.78 3.78 N/A Kent FOB 3.55 16.94 622.25 2.85 15.51 569.80 Lambton FOB 3.44 16.83 618.21 2.95 15.61 573.48 Mdsx FOB 3.43 3.37 3.63 3.69 16.82 617.85 2.93 15.59 572.74 PROCESSORS Windsor 4.02 17.41 639.52 3.12 15.78 579.72 TRANSFER Hamilton 3.85 17.24 633.28 3.20 15.86 582.66 Prescott N/A 3.37 16.03 588.91 Port Colborn3.72 17.11 628.50 3.34 16.00 587.81 Toledo El. -0.25 13.13 482.45 -0.51 12.15 446.34 Exchange rate was 1.2747 down 0.0050 Chicago wheat closed moderately lower. MAR22 HI 7.91 3/4 JUL22 HI 7.89 LOW 7.76 LOW 7.72 1/2 CLOSE 7.79 3/4 Down 8 CLOSE 7.74 1/4 Down 11 1/4 Minni wheat closed moderately lower to lower. MAR22 HI 10.10 1/2 SEP22 HI 9.28 1/2 LOW 9.87 3/4 LOW 9.12 CLOSE 9.91 1/2 Down 17 1/2 CLOSE 9.16 3/4 Down 12 1/2 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 1.15 1.54 1.09 N/A 1.72 1.72 1.59 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 1.20 N/A N/A N/A 1.60 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 1.20 N/A N/A N/A 1.60 N/A Brigden N/A N/A 1.20 N/A N/A N/A 1.60 N/A Palmerston N/A N/A 1.08 1.85 N/A N/A 1.61 1.59 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 1.15 1.54 1.09 1.41 1.72 1.72 1.59 N/A North Gower N/A 1.05 1.45 1.17 N/A N/A 1.77 N/A W O Feed 2.05 TERMINAL Port Colbor N/A N/A 1.67 N/A N/A N/A 1.92 N/A PROCESSORS Toledo FM N/A N/A 2.52 N/A N/A N/A 2.26 N/A Toledo El. 7.65US 9.75CA 7.69US 9.81CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 607.05 DDG's FOB Srn & Aylm 240.00