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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, April 6

6 Apr 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, April 6 Exchange rate was 1.2539 up 0.0060 Chicago soybeans closed slightly lower. JUL22 HI 16.25 NOV22 HI 14.63 LOW 15.99 1/4 LOW 14.37 CLOSE16.03 1/2 Down 10 1/2 CLOSE 14.44 Down 11 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 19.79 726.97 3.00 17.44 640.81 CK High 3.95 19.99 734.32 3.05 17.49 642.65 CK Average 3.85 -0.18 19.89 730.65 3.04 -0.50 17.48 642.12 Essex Cty 3.85 19.89 730.65 3.00 17.44 640.81 Mdsx Low 3.80 19.84 728.81 3.00 17.44 640.81 Mdsx High 3.95 19.99 734.32 3.05 17.49 642.65 Mdsx Average3.87 -0.16 19.90 731.26 3.03 -0.51 17.47 642.04 Hensall 3.82 19.85 729.42 3.02 17.46 641.42 Bruce 3.75 19.79 726.97 2.95 17.39 638.97 Putnam 3.85 19.89 730.65 3.05 17.49 642.65 Burford 4.00 20.04 736.16 3.10 17.54 644.48 Port Perry 3.90 19.94 732.49 3.00 17.44 640.81 Norfolk 3.85 19.89 730.65 3.05 17.49 642.65 Palmerston 3.90 19.94 732.49 3.12 17.56 645.22 Varna 3.80 19.84 728.81 3.00 17.44 640.81 Trenton 3.75 19.79 726.97 3.00 17.44 640.81 Winchester 3.76 19.80 727.34 3.00 17.44 640.81 North Gower 3.85 19.89 730.65 3.00 17.44 640.81 Vankleek Hil3.96 20.00 734.69 3.11 17.55 644.85 Huron FOB 3.93 3.95 3.99 4.01 19.97 733.59 N/A Kent FOB 4.05 20.09 738.00 3.05 17.49 642.65 Lambton FOB N/A N/A Mdsx FOB 4.09 4.15 4.22 N/A 20.13 739.47 3.22 17.66 648.89 PROCESSORS Windsor 4.58 20.62 757.47 3.36 17.80 654.04 TRANSFER Hamilton 4.45 20.49 752.69 3.60 18.04 662.86 Prescott N/A 3.30 17.74 651.83 Port Colborn4.53 20.57 755.63 3.68 18.12 665.80 Toledo El. -0.05 15.98 587.34 -0.44 14.00 514.45 Exchange rate was 1.2539 up 0.0060 Chicago wheat closed mixed. JUL22 HI 10.56 1/2 SEP22 HI 10.48 3/4 LOW 10.24 3/4 LOW 10.17 3/4 CLOSE 10.40 3/4 Down 4 3/4 CLOSE 10.36 3/4 Down 3/4 Minni wheat closed slightly lower. MAY22 HI 11.16 1/2 SEP22 HI 10.91 1/2 LOW 10.94 LOW 10.69 CLOSE 11.08 3/4 Down 3 CLOSE 10.85 3/4 Down 1 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 1.55 N/A London 1.13 1.81 1.25 N/A 2.37 1.81 1.56 N/A Hensall 1.25 N/A 1.25 N/A 2.45 N/A 1.55 N/A Trenton N/A N/A N/A N/A N/A N/A 1.50 N/A Bruce 1.25 1.85 1.25 N/A 2.35 1.85 1.55 1.30 Essex N/A N/A 1.25 N/A N/A N/A 1.55 N/A Norwich 1.25 N/A 1.25 N/A 2.45 N/A 1.55 N/A Port Hope N/A N/A N/A N/A N/A N/A 1.55 N/A Kent Bridge 1.25 N/A 1.25 N/A 2.45 N/A 1.55 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 1.05 1.23 2.19 N/A 1.70 1.69 N/A Varna 1.50 2.00 1.25 N/A 2.45 1.85 1.55 N/A Mitchell 1.25 1.95 1.25 N/A 2.45 1.85 1.55 N/A Thornton 1.13 1.81 1.25 0.70 2.37 1.81 1.56 N/A North Gower N/A N/A N/A N/A N/A N/A 1.45 N/A W O Feed 2.22 TERMINAL Port Colbor N/A N/A N/A N/A N/A N/A 2.01 N/A PROCESSORS Toledo FM N/A N/A 2.59 N/A N/A N/A 2.63 N/A Toledo El. 10.09US 12.65CA 10.21US 12.80CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 705.27 DDG's FOB Srn & Aylm 370.00