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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, March 14

14 Mar 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, March 14 Exchange rate was 1.2819 up 0.0104 Chicago soybeans closed slightly lower. JUL22 HI 16.70 NOV22 HI 15.04 1/2 LOW 16.41 LOW 14.75 1/4 CLOSE16.46 3/4 Down 4 1/2 CLOSE 14.81 Down 10 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL22+JUL22+JUL22 CK Low 4.10 20.57 755.73 3.35 18.16 667.27 CK High 4.20 20.67 759.40 3.50 18.31 672.78 CK Average 4.13 -0.40 20.60 756.83 3.42 -0.59 18.23 669.89 Essex Cty 4.10 20.57 755.73 3.35 18.16 667.27 Mdsx Low 4.10 20.57 755.73 3.40 18.21 669.10 Mdsx High 4.16 20.63 757.93 3.45 18.26 670.94 Mdsx Average4.12 -0.41 20.59 756.46 3.42 -0.59 18.23 669.72 Hensall 4.12 20.58 756.34 3.40 18.21 669.10 Bruce 4.10 20.57 755.73 3.35 18.16 667.27 Putnam 4.10 20.57 755.73 3.40 18.21 669.10 Burford 4.21 20.68 759.77 3.50 18.31 672.78 Port Perry 4.12 20.59 756.46 3.41 18.22 669.47 Norfolk 4.10 20.57 755.73 3.40 18.21 669.10 Palmerston 4.14 20.61 757.20 3.52 18.33 673.51 Varna 4.10 20.57 755.73 3.35 18.16 667.27 Trenton 4.15 20.62 757.56 3.40 18.21 669.10 Winchester 4.17 20.64 758.30 3.48 18.29 672.04 North Gower 4.24 20.71 760.87 3.20 18.01 661.75 Vankleek Hil4.78 21.25 780.71 3.32 18.13 666.16 Huron FOB 4.12 4.12 4.18 4.31 20.59 756.46 N/A Kent FOB 4.25 20.72 761.24 3.40 18.21 669.10 Lambton FOB 4.40 20.87 766.75 4.00 18.81 691.15 Mdsx FOB 4.23 4.42 4.42 N/A 20.70 760.50 3.65 18.46 678.29 PROCESSORS Windsor 4.76 21.23 779.98 3.91 18.72 687.84 TRANSFER Hamilton 4.65 21.12 775.94 3.95 18.76 689.31 Prescott N/A 3.76 18.57 682.33 Port Colborn4.67 21.14 776.67 4.09 18.90 694.46 Toledo El. -0.05 16.42 603.19 -0.45 14.36 527.69 Exchange rate was 1.2819 up 0.0104 Chicago wheat closed slightly to moderately lower. JUL22 HI 11.16 SEP22 HI 10.68 1/2 LOW 10.41 LOW 10.10 CLOSE 10.70 Down 7 1/4 CLOSE 10.29 Down 15 1/2 Minni wheat closed slightly lower to steady. MAY22 HI 11.05 1/4 SEP22 HI 10.68 LOW 10.44 1/2 LOW 10.15 CLOSE 10.70 1/4 Unchanged CLOSE 10.28 1/2 Down 6 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 N/A N/A N/A N/A 1.40 N/A London 1.80 1.73 1.22 N/A 2.38 1.80 1.68 N/A Hensall 1.10 N/A 1.10 N/A 2.40 N/A 1.40 N/A Trenton N/A N/A N/A N/A N/A N/A 1.40 N/A Bruce 1.00 1.80 1.00 N/A 2.20 1.70 1.40 1.50 Essex N/A N/A 1.10 N/A N/A N/A 1.40 N/A Norwich 1.10 N/A 1.10 N/A 2.40 N/A 1.40 N/A Port Hope N/A N/A 1.10 N/A N/A N/A 1.40 N/A Kent Bridge 1.10 N/A 1.10 N/A 2.40 N/A 1.40 N/A Chatham N/A N/A 1.10 N/A N/A N/A 1.40 N/A Brigden N/A N/A N/A N/A N/A N/A 1.40 N/A Palmerston N/A N/A N/A N/A N/A 1.97 1.53 N/A Varna 1.35 1.85 1.10 N/A 2.20 1.70 1.40 N/A Mitchell 1.10 1.80 1.10 N/A 2.40 1.70 1.40 N/A Thornton 1.80 1.73 1.22 0.97 2.38 1.80 1.68 N/A North Gower N/A N/A N/A N/A N/A N/A 0.95 N/A W O Feed N/A TERMINAL Port Colbor N/A N/A 1.42 N/A N/A N/A 2.00 N/A PROCESSORS Toledo FM N/A N/A 2.49 N/A N/A N/A 2.90 N/A Toledo El. 10.66US 13.66CA 10.50US 13.46CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 728.97 DDG's FOB Srn & Aylm 350.00 - 355.00