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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, April 1

1 Apr 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, April 1 Exchange rate was 1.2517 up 0.0029 Chicago soybeans closed mixed. JUL22 HI 16.07 1/2 NOV22 HI 14.31 LOW 15.65 LOW 13.94 CLOSE15.66 3/4 Down 31 1/4 CLOSE 14.06 3/4 Down 13 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL22+JUL22+JUL22 CK Low 3.75 19.42 713.47 2.90 16.97 623.45 CK High 3.85 19.52 717.15 3.05 17.12 628.96 CK Average 3.80 -0.12 19.47 715.26 2.98 -0.45 17.05 626.39 Essex Cty 3.80 19.47 715.31 2.95 17.02 625.29 Mdsx Low 3.79 19.46 714.94 2.96 17.03 625.65 Mdsx High 3.80 19.47 715.31 3.00 17.07 627.12 Mdsx Average3.80 -0.12 19.46 715.19 2.99 -0.44 17.05 626.63 Hensall 3.80 19.47 715.31 3.00 17.07 627.12 Bruce 3.80 19.47 715.31 3.00 17.07 627.12 Putnam 3.80 19.47 715.31 3.00 17.07 627.12 Burford 3.84 19.51 716.78 3.01 17.08 627.49 Port Perry 3.74 19.41 713.10 2.91 16.98 623.82 Norfolk 3.80 19.47 715.31 3.00 17.07 627.12 Palmerston 3.58 19.25 707.22 2.92 16.99 624.18 Varna 3.80 19.47 715.31 3.00 17.07 627.12 Trenton 3.70 19.37 711.63 2.90 16.97 623.45 Winchester 3.73 19.40 712.74 2.92 16.99 624.18 North Gower 4.10 19.77 726.33 3.20 17.27 634.47 Vankleek Hil3.95 19.62 720.82 3.00 17.07 627.12 Huron FOB 3.82 3.84 3.88 3.91 19.49 716.04 N/A Kent FOB 4.05 19.72 724.49 3.00 17.07 627.12 Lambton FOB N/A N/A Mdsx FOB 3.99 3.99 N/A N/A 19.66 722.29 3.16 17.23 633.00 PROCESSORS Windsor 4.50 20.17 741.03 3.31 17.38 638.51 TRANSFER Hamilton 4.45 20.12 739.19 3.55 17.62 647.33 Prescott N/A 3.25 17.32 636.31 Port Colborn4.43 20.10 738.46 3.60 17.67 649.17 Toledo El. -0.11 15.55 571.54 -0.44 13.63 500.79 Exchange rate was 1.2517 up 0.0029 Chicago wheat closed slightly to moderately lower. JUL22 HI 10.27 1/2 SEP22 HI 10.12 3/4 LOW 9.82 LOW 9.71 3/4 CLOSE 9.84 1/4 Down 17 3/4 CLOSE 9.74 1/2 Down 14 1/2 Minni wheat closed slightly to moderately lower. MAY22 HI 11.05 1/4 SEP22 HI 10.74 LOW 10.64 LOW 10.40 CLOSE 10.65 1/4 Down 14 1/4 CLOSE 10.40 3/4 Down 5 3/4 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 N/A N/A N/A N/A 1.50 N/A London 0.93 1.56 1.18 N/A 1.89 1.64 1.33 N/A Hensall 1.20 N/A 1.20 N/A 2.50 N/A 1.50 N/A Trenton N/A N/A N/A N/A N/A N/A 1.40 N/A Bruce 1.10 1.80 1.10 N/A 2.40 1.80 1.50 1.50 Essex N/A N/A 1.25 N/A N/A N/A 1.55 N/A Norwich 1.20 N/A 1.20 N/A 2.50 N/A 1.50 N/A Port Hope N/A N/A N/A N/A N/A N/A 1.50 N/A Kent Bridge 1.20 N/A 1.20 N/A 2.50 N/A 1.50 N/A Chatham N/A N/A 1.25 N/A N/A N/A 1.55 N/A Brigden N/A N/A 1.25 N/A N/A N/A 1.55 N/A Palmerston N/A 0.91 1.10 2.06 N/A 1.52 1.52 N/A Varna 1.45 1.95 1.20 N/A 2.40 1.80 1.50 N/A Mitchell 1.20 1.90 1.20 N/A 2.50 1.80 1.50 N/A Thornton 0.93 1.56 1.18 0.31 1.89 1.64 1.33 N/A North Gower N/A N/A N/A N/A N/A N/A 1.25 N/A W O Feed 2.10 TERMINAL Port Colbor N/A N/A 1.70 N/A N/A N/A 1.78 N/A PROCESSORS Toledo FM N/A N/A 2.35 N/A N/A N/A 2.45 N/A Toledo El. 9.54US 11.94CA 9.65US 12.07CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 692.26 DDG's FOB Srn & Aylm 370.00 - 380.00