FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, April 22
22 Apr 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, April 22 Exchange rate was 1.2715 up 0.0143 Chicago soybeans closed moderately lower to lower. JUL22 HI 17.34 NOV22 HI 15.41 1/4 LOW 16.76 LOW 14.97 3/4 CLOSE16.88 Down 31 1/2 CLOSE 15.05 1/4 Down 26 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL22+JUL22+JUL22 CK Low 4.35 21.23 780.07 3.40 18.45 678.01 CK High 4.51 21.39 785.95 3.60 18.65 685.36 CK Average 4.42 -0.13 21.30 782.75 3.50 -0.46 18.55 681.74 Essex Cty 4.40 21.28 781.91 3.45 18.50 679.85 Mdsx Low 4.15 21.03 772.72 3.25 18.30 672.50 Mdsx High 4.51 21.39 785.95 3.56 18.61 683.89 Mdsx Average4.35 -0.18 21.23 780.19 3.44 -0.51 18.49 679.36 Hensall 4.37 21.25 780.68 3.43 18.49 679.24 Bruce 4.40 21.28 781.91 3.50 18.55 681.69 Putnam 4.45 21.33 783.74 3.50 18.55 681.69 Burford 4.56 21.44 787.79 3.61 18.66 685.73 Port Perry 4.43 21.31 783.01 3.48 18.53 680.95 Norfolk 4.40 21.28 781.91 3.50 18.55 681.69 Palmerston 4.23 21.11 775.66 3.28 18.33 673.60 Varna 4.45 21.33 783.74 3.50 18.55 681.69 Trenton 4.35 21.23 780.07 3.55 18.60 683.52 Winchester 4.37 21.25 780.80 3.63 18.68 686.46 North Gower 4.05 20.93 769.05 3.30 18.35 674.34 Vankleek Hil4.37 21.25 780.80 3.48 18.53 680.95 Huron FOB 4.60 4.70 4.77 4.77 21.48 789.25 N/A Kent FOB 4.65 21.53 791.09 3.50 18.55 681.69 Lambton FOB 4.40 21.28 781.91 N/A Mdsx FOB 4.78 4.84 4.90 N/A 21.66 795.87 3.74 18.79 690.51 PROCESSORS Windsor 5.25 22.13 813.14 3.91 18.96 696.75 TRANSFER Hamilton 5.05 21.93 805.79 4.10 19.15 703.73 Prescott N/A 3.86 18.91 694.92 Port Colborn5.22 22.10 812.04 4.20 19.25 707.41 Toledo El. -0.06 16.82 617.90 -0.45 14.61 536.73 Exchange rate was 1.2715 up 0.0143 Chicago wheat closed slightly lower. JUL22 HI 10.85 1/2 SEP22 HI 10.83 LOW 10.60 3/4 LOW 10.59 CLOSE 10.75 1/4 Down 1 1/4 CLOSE 10.73 1/4 Down 2 Minni wheat closed slightly higher. MAY22 HI 11.68 SEP22 HI 11.55 3/4 LOW 11.46 1/2 LOW 11.34 CLOSE 11.60 1/4 Up 8 3/4 CLOSE 11.51 1/4 Up 10 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 1.71 2.29 1.71 N/A 2.74 2.36 2.11 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 1.90 N/A Bruce 1.40 2.20 1.40 N/A 2.70 2.20 1.90 1.50 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 1.20 1.39 2.51 N/A 2.03 1.90 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 1.71 2.29 1.71 1.25 2.74 2.36 2.11 N/A North Gower N/A N/A N/A N/A N/A N/A 1.70 N/A W O Feed 2.37 TERMINAL Port Colbor N/A N/A 2.17 N/A N/A N/A 2.56 N/A PROCESSORS Toledo FM N/A N/A 2.89 N/A N/A N/A 2.91 N/A Toledo El. 10.35US 13.16CA 10.55US 13.42CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 708.58 DDG's FOB Srn & Aylm 385.00 - 395.00