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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, April 11

11 Apr 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, April 11 Exchange rate was 1.263 up 0.0049 Chicago soybeans closed slightly to moderately lower. JUL22 HI 16.76 1/2 NOV22 HI 15.02 LOW 16.35 1/2 LOW 14.75 1/4 CLOSE16.40 3/4 Down 27 1/4 CLOSE 14.85 3/4 Down 9 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 4.05 20.46 751.68 3.20 18.06 663.50 CK High 4.14 20.55 754.99 3.25 18.11 665.34 CK Average 4.06 -0.20 20.47 752.16 3.24 -0.53 18.10 665.07 Essex Cty 4.05 20.46 751.68 3.20 18.06 663.50 Mdsx Low 4.05 20.46 751.68 3.20 18.06 663.50 Mdsx High 4.14 20.55 754.99 3.25 18.11 665.34 Mdsx Average4.08 -0.19 20.49 752.79 3.23 -0.53 18.09 664.72 Hensall 4.05 20.46 751.68 3.25 18.11 665.34 Bruce 4.05 20.46 751.68 3.25 18.11 665.34 Putnam 4.05 20.46 751.68 3.25 18.11 665.34 Burford 4.19 20.60 756.83 3.30 18.16 667.17 Port Perry 4.09 20.50 753.15 3.20 18.06 663.50 Norfolk 4.05 20.46 751.68 3.25 18.11 665.34 Palmerston 3.93 20.34 747.28 3.21 18.07 663.87 Varna 4.05 20.46 751.68 3.25 18.11 665.34 Trenton 4.05 20.46 751.68 3.25 18.11 665.34 Winchester 4.07 20.48 752.42 3.26 18.12 665.70 North Gower 3.85 20.26 744.34 3.00 17.86 656.15 Vankleek Hil4.07 20.48 752.42 3.38 18.24 670.11 Huron FOB 4.19 4.36 4.42 4.42 20.60 756.83 N/A Kent FOB 4.30 20.71 760.87 3.25 18.11 665.34 Lambton FOB N/A N/A Mdsx FOB 4.47 4.47 4.59 N/A 20.88 767.12 3.49 18.35 674.16 PROCESSORS Windsor 4.88 21.29 782.18 3.64 18.50 679.67 TRANSFER Hamilton 4.70 21.11 775.57 3.80 18.66 685.55 Prescott N/A 3.57 18.43 677.09 Port Colborn4.91 21.32 783.28 3.95 18.81 691.06 Toledo El. -0.06 16.34 600.55 -0.44 14.42 529.68 Exchange rate was 1.263 up 0.0049 Chicago wheat closed moderately higher to higher. JUL22 HI 10.96 1/2 SEP22 HI 10.91 1/2 LOW 10.61 1/4 LOW 10.59 1/2 CLOSE 10.89 Up 30 3/4 CLOSE 10.86 Up 29 1/2 Minni wheat closed slightly to moderately higher. MAY22 HI 11.60 1/4 SEP22 HI 11.31 LOW 11.23 3/4 LOW 11.00 CLOSE 11.42 Up 14 3/4 CLOSE 11.18 Up 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 N/A N/A N/A N/A 1.55 N/A London 1.38 1.94 1.38 N/A 2.64 2.01 1.76 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 1.55 N/A Bruce 1.35 1.90 1.35 N/A 2.45 1.90 1.65 1.50 Essex N/A N/A 1.35 N/A N/A N/A 1.65 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 1.35 N/A N/A N/A 1.65 N/A Brigden N/A N/A 1.35 N/A N/A N/A 1.65 N/A Palmerston N/A 1.18 1.37 2.37 N/A 1.96 1.84 N/A Varna 1.60 2.10 1.35 N/A 2.55 2.00 1.65 N/A Mitchell 1.25 1.95 1.25 N/A 2.45 1.85 1.55 N/A Thornton 1.38 1.94 1.38 0.97 2.64 2.01 1.76 N/A North Gower N/A N/A N/A N/A N/A N/A 1.45 N/A W O Feed 2.44 TERMINAL Port Colbor N/A N/A 1.89 N/A N/A N/A 2.21 N/A PROCESSORS Toledo FM N/A N/A 2.83 N/A N/A N/A 2.86 N/A Toledo El. 10.51US 13.27CA 10.69US 13.50CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 706.70 DDG's FOB Srn & Aylm 370.00 - 390.00