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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, April 7

7 Apr 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, April 7 Exchange rate was 1.2591 up 0.0052 Chicago soybeans closed moderately higher. JUL22 HI 16.31 1/4 NOV22 HI 14.69 LOW 15.99 LOW 14.38 1/4 CLOSE16.27 Up 23 1/2 CLOSE 14.66 1/4 Up 22 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL22+JUL22+JUL22 CK Low 3.85 20.12 739.28 3.05 17.71 650.82 CK High 4.07 20.34 747.37 3.16 17.82 654.86 CK Average 3.93 -0.23 20.20 742.28 3.11 -0.55 17.77 652.98 Essex Cty 3.95 20.22 742.96 3.10 17.76 652.66 Mdsx Low 3.80 20.07 737.45 3.00 17.66 648.99 Mdsx High 4.07 20.34 747.37 3.16 17.82 654.86 Mdsx Average3.94 -0.22 20.21 742.59 3.10 -0.55 17.77 652.78 Hensall 3.85 20.12 739.28 3.05 17.71 650.82 Bruce 3.75 20.02 735.61 2.95 17.61 647.15 Putnam 3.85 20.12 739.28 3.05 17.71 650.82 Burford 4.12 20.39 749.20 3.21 17.87 656.70 Port Perry 4.02 20.29 745.53 3.11 17.77 653.03 Norfolk 3.95 20.22 742.96 3.15 17.81 654.50 Palmerston 3.89 20.16 740.75 3.11 17.77 653.03 Varna 3.90 20.17 741.12 3.10 17.76 652.66 Trenton 3.80 20.07 737.45 3.00 17.66 648.99 Winchester 3.86 20.13 739.65 3.09 17.75 652.29 North Gower 3.85 20.12 739.28 3.00 17.66 648.99 Vankleek Hil3.96 20.23 743.33 3.11 17.77 653.03 Huron FOB 4.11 4.17 4.23 4.23 20.38 748.84 N/A Kent FOB 4.15 20.42 750.31 3.15 17.81 654.50 Lambton FOB N/A N/A Mdsx FOB 4.27 4.27 4.40 N/A 20.54 754.72 3.34 18.00 661.48 PROCESSORS Windsor 4.79 21.06 773.82 3.55 18.21 669.19 TRANSFER Hamilton 4.60 20.87 766.84 3.70 18.36 674.71 Prescott N/A 3.30 17.96 660.01 Port Colborn4.71 20.98 770.88 3.80 18.46 678.38 Toledo El. -0.03 16.24 596.89 -0.44 14.22 522.56 Exchange rate was 1.2591 up 0.0052 Chicago wheat closed slightly to moderately lower. JUL22 HI 10.47 1/2 SEP22 HI 10.42 1/2 LOW 10.23 1/4 LOW 10.22 1/2 CLOSE 10.25 1/4 Down 15 1/2 CLOSE 10.24 1/4 Down 12 1/2 Minni wheat closed slightly lower. MAY22 HI 11.19 SEP22 HI 10.93 1/2 LOW 10.97 1/2 LOW 10.77 CLOSE 10.99 1/2 Down 9 1/4 CLOSE 10.78 1/4 Down 7 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 N/A N/A N/A N/A 1.55 N/A London 1.28 1.85 1.28 N/A 2.48 1.85 1.60 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 1.03 1.22 2.22 N/A 1.72 1.72 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 1.28 1.85 1.28 0.65 2.48 1.85 1.60 N/A North Gower N/A N/A N/A N/A N/A N/A 1.45 N/A W O Feed 2.24 TERMINAL Port Colbor N/A N/A 1.80 N/A N/A N/A 2.05 N/A PROCESSORS Toledo FM N/A N/A 2.64 N/A N/A N/A 2.65 N/A Toledo El. 9.90US 12.47CA 10.05US 12.66CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 707.92 DDG's FOB Srn & Aylm 370.00