FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, April 14
14 Apr 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, April 14 Exchange rate was 1.2605 up 0.0040 Chicago soybeans closed mixed. JUL22 HI 16.79 1/2 NOV22 HI 15.20 LOW 16.56 LOW 14.95 1/2 CLOSE16.65 1/4 Up 1/4 CLOSE 15.01 1/2 Down 4 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 4.05 20.70 760.69 3.25 18.27 671.12 CK High 4.25 20.90 768.04 3.40 18.42 676.64 CK Average 4.18 -0.12 20.84 765.62 3.31 -0.48 18.33 673.38 Essex Cty 4.20 20.85 766.20 3.30 18.32 672.96 Mdsx Low 4.05 20.70 760.69 3.20 18.22 669.29 Mdsx High 4.20 20.85 766.20 3.35 18.37 674.80 Mdsx Average4.15 -0.15 20.80 764.24 3.28 -0.50 18.29 672.10 Hensall 4.20 20.85 766.20 3.33 18.35 674.19 Bruce 4.20 20.85 766.20 3.30 18.32 672.96 Putnam 4.20 20.85 766.20 3.30 18.32 672.96 Burford 4.24 20.89 767.67 3.33 18.35 674.06 Port Perry 4.11 20.76 762.89 3.20 18.22 669.29 Norfolk 4.20 20.85 766.20 3.35 18.37 674.80 Palmerston 4.28 20.93 769.14 3.28 18.30 672.23 Varna 4.20 20.85 766.20 3.35 18.37 674.80 Trenton 4.00 20.65 758.85 3.25 18.27 671.12 Winchester 4.03 20.68 759.95 3.25 18.27 671.12 North Gower 3.85 20.50 753.34 3.00 18.02 661.94 Vankleek Hil5.01 21.66 795.96 3.39 18.41 676.27 Huron FOB 4.25 4.35 4.41 4.41 20.90 768.04 N/A Kent FOB 4.45 21.10 775.38 3.35 18.37 674.80 Lambton FOB N/A N/A Mdsx FOB 4.45 4.45 4.58 N/A 21.10 775.38 3.50 18.52 680.31 PROCESSORS Windsor 4.92 21.57 792.65 3.68 18.70 686.92 TRANSFER Hamilton 4.85 21.50 790.08 3.90 18.92 695.01 Prescott N/A 3.58 18.60 683.25 Port Colborn4.89 21.54 791.55 3.96 18.98 697.21 Toledo El. -0.06 16.59 609.56 -0.44 14.57 535.50 Exchange rate was 1.2605 up 0.0040 Chicago wheat closed mixed. JUL22 HI 11.35 1/4 SEP22 HI 11.31 3/4 LOW 11.02 1/2 LOW 10.99 1/4 CLOSE 11.04 1/2 Down 16 3/4 CLOSE 11.01 Down 17 1/2 Minni wheat closed slightly to moderately lower. MAY22 HI 11.69 1/4 SEP22 HI 11.53 1/4 LOW 11.27 3/4 LOW 11.18 CLOSE 11.44 1/2 Down 14 1/2 CLOSE 11.34 Down 9 1/4 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 1.55 N/A London 1.46 2.02 1.46 N/A 2.73 2.10 1.84 N/A Hensall 1.45 N/A 1.45 N/A 2.65 N/A 1.75 N/A Trenton N/A N/A N/A N/A N/A N/A 1.60 N/A Bruce 1.40 1.90 1.40 N/A 2.55 2.00 1.75 1.80 Essex N/A N/A 1.50 N/A N/A N/A 1.80 N/A Norwich 1.45 N/A 1.45 N/A 2.65 N/A 1.75 N/A Port Hope N/A N/A N/A N/A N/A N/A 1.75 N/A Kent Bridge 1.45 N/A 1.45 N/A 2.65 N/A 1.75 N/A Chatham N/A N/A 1.50 N/A N/A N/A 1.80 N/A Brigden N/A N/A 1.50 N/A N/A N/A 1.80 N/A Palmerston N/A 1.32 1.39 2.35 N/A 1.99 1.87 N/A Varna 1.75 2.20 1.50 N/A 2.70 2.10 1.80 N/A Mitchell 1.45 2.15 1.45 N/A 2.65 2.05 1.75 N/A Thornton 1.46 2.02 1.46 1.18 2.73 2.10 1.84 N/A North Gower N/A N/A N/A N/A N/A N/A 1.45 N/A W O Feed 2.38 TERMINAL Port Colbor N/A N/A 1.97 N/A N/A N/A 2.30 N/A PROCESSORS Toledo FM N/A N/A 2.83 N/A N/A N/A 2.87 N/A Toledo El. 10.67US 13.44CA 10.85US 13.68CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 709.24 DDG's FOB Srn & Aylm 370.00 - 390.00