FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, April 20
20 Apr 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, April 20 Exchange rate was 1.2508 down 0.0118 Chicago soybeans closed slightly to moderately higher. JUL22 HI 17.21 3/4 NOV22 HI 15.33 1/4 LOW 16.88 1/4 LOW 15.09 3/4 CLOSE17.17 Up 25 1/4 CLOSE 15.29 1/2 Up 9 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL22+JUL22+JUL22 CK Low 4.17 21.34 784.11 3.24 18.54 681.04 CK High 4.20 21.37 785.21 3.40 18.70 686.92 CK Average 4.20 -0.09 21.37 785.06 3.30 -0.43 18.59 683.20 Essex Cty 4.20 21.37 785.21 3.25 18.55 681.41 Mdsx Low 4.17 21.34 784.11 3.24 18.54 681.04 Mdsx High 4.20 21.37 785.21 3.30 18.60 683.25 Mdsx Average4.19 -0.09 21.36 784.85 3.28 -0.44 18.58 682.51 Hensall 4.23 21.40 786.44 3.35 18.65 685.09 Bruce 4.20 21.37 785.21 3.35 18.65 685.09 Putnam 4.20 21.37 785.21 3.30 18.60 683.25 Burford 4.22 21.39 785.95 3.29 18.59 682.88 Port Perry 4.09 21.26 781.17 3.16 18.46 678.11 Norfolk 4.20 21.37 785.21 3.30 18.60 683.25 Palmerston 4.19 21.36 784.85 3.31 18.61 683.62 Varna 4.25 21.42 787.05 3.35 18.65 685.09 Trenton 4.20 21.37 785.21 3.35 18.65 685.09 Winchester 4.20 21.37 785.21 3.40 18.70 686.92 North Gower 4.05 21.22 779.70 3.30 18.60 683.25 Vankleek Hil4.19 21.36 784.85 3.36 18.66 685.45 Huron FOB 4.24 4.34 4.40 4.40 21.41 786.68 N/A Kent FOB 4.45 21.62 794.40 3.30 18.60 683.25 Lambton FOB 4.40 21.57 792.56 N/A Mdsx FOB 4.43 4.43 4.56 N/A 21.60 793.66 3.46 18.76 689.13 PROCESSORS Windsor 4.86 22.03 809.46 3.58 18.88 693.54 TRANSFER Hamilton 4.85 22.02 809.10 3.90 19.20 705.30 Prescott N/A 3.66 18.96 696.48 Port Colborn4.87 22.04 809.83 3.92 19.22 706.03 Toledo El. -0.06 17.11 628.59 -0.44 14.86 545.91 Exchange rate was 1.2508 down 0.0118 Chicago wheat closed mixed. JUL22 HI 11.18 1/2 SEP22 HI 11.13 3/4 LOW 10.75 LOW 10.72 3/4 CLOSE 10.97 1/2 Down 11 1/2 CLOSE 10.95 1/4 Down 9 3/4 Minni wheat closed steady to slightly higher. MAY22 HI 11.79 3/4 SEP22 HI 11.67 1/4 LOW 11.49 1/2 LOW 11.37 1/4 CLOSE 11.69 1/4 Unchanged CLOSE 11.56 1/2 Up 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 1.90 N/A London 1.37 1.93 1.37 N/A 2.62 2.00 1.81 N/A Hensall 1.60 N/A 1.60 N/A 2.90 N/A 1.90 N/A Trenton N/A N/A N/A N/A N/A N/A 1.80 N/A Bruce 1.40 1.90 1.40 N/A 2.55 2.00 1.75 1.80 Essex N/A N/A 1.60 N/A N/A N/A 1.90 N/A Norwich 1.60 N/A 1.60 N/A 2.90 N/A 1.90 N/A Port Hope N/A N/A N/A N/A N/A N/A 1.90 N/A Kent Bridge 1.60 N/A 1.60 N/A 2.90 N/A 1.90 N/A Chatham N/A N/A 1.60 N/A N/A N/A 1.90 N/A Brigden N/A N/A 1.60 N/A N/A N/A 1.90 N/A Palmerston N/A 1.04 1.23 2.27 N/A 1.85 1.72 N/A Varna 1.85 2.35 1.60 N/A 2.80 2.25 1.90 N/A Mitchell 1.60 2.30 1.60 N/A 2.90 2.25 1.90 N/A Thornton 1.37 1.93 1.37 0.77 2.62 2.00 1.81 N/A North Gower N/A N/A N/A N/A N/A N/A 1.70 N/A W O Feed 2.22 TERMINAL Port Colbor N/A N/A 1.88 N/A N/A N/A 2.32 N/A PROCESSORS Toledo FM N/A N/A 2.73 N/A N/A N/A 2.75 N/A Toledo El. 10.58US 13.23CA 10.77US 13.47CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 722.47 DDG's FOB Srn & Aylm 385.00 - 395.00