FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, April 29
29 Apr 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, April 29 Exchange rate was 1.2829 up 0.0017 Chicago soybeans closed slightly lower to steady. JUL22 HI 17.04 3/4 NOV22 HI 15.40 1/4 LOW 16.79 1/4 LOW 15.14 1/4 CLOSE16.84 3/4 Unchanged CLOSE 15.14 3/4 Down 6 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 4.57 21.42 786.96 3.62 18.77 689.59 CK High 4.70 21.55 791.74 3.90 19.05 699.88 CK Average 4.63 -0.10 21.48 789.22 3.71 -0.45 18.86 692.89 Essex Cty 4.65 21.50 789.90 3.70 18.85 692.53 Mdsx Low 4.55 21.40 786.22 3.60 18.75 688.85 Mdsx High 4.65 21.50 789.90 3.70 18.85 692.53 Mdsx Average4.60 -0.13 21.45 788.06 3.67 -0.48 18.81 691.30 Hensall 4.60 21.45 788.06 3.68 18.83 691.91 Bruce 4.60 21.45 788.06 3.65 18.80 690.69 Putnam 4.60 21.45 788.06 3.65 18.80 690.69 Burford 4.61 21.46 788.43 3.66 18.81 691.06 Port Perry 4.47 21.32 783.28 3.52 18.67 685.91 Norfolk 4.65 21.50 789.90 3.75 18.90 694.36 Palmerston 4.68 21.53 791.00 3.76 18.91 694.73 Varna 4.60 21.45 788.06 3.70 18.85 692.53 Trenton 4.60 21.45 788.06 3.70 18.85 692.53 Winchester 4.70 21.55 791.74 3.90 19.05 699.88 North Gower 4.25 21.10 775.20 3.50 18.65 685.18 Vankleek Hil4.34 21.19 778.51 3.45 18.60 683.34 Huron FOB N/A 4.81 4.81 4.81 N/A Kent FOB 4.85 21.70 797.25 3.70 18.85 692.53 Lambton FOB 4.70 21.55 791.74 N/A Mdsx FOB 4.77 4.84 4.90 N/A 21.62 794.31 3.78 18.93 695.47 PROCESSORS Windsor 5.41 22.26 817.82 4.09 19.24 706.86 TRANSFER Hamilton 5.25 22.10 811.94 4.35 19.50 716.41 Prescott N/A 3.83 18.98 697.30 Port Colborn5.21 22.06 810.47 4.22 19.37 711.63 Toledo El. -0.06 16.78 616.68 -0.45 14.70 540.08 Exchange rate was 1.2829 up 0.0017 Chicago wheat closed moderately lower to lower. JUL22 HI 11.02 1/2 SEP22 HI 11.01 1/2 LOW 10.54 1/4 LOW 10.56 3/4 CLOSE 10.55 3/4 Down 30 CLOSE 10.58 1/4 Down 26 1/2 Minni wheat closed moderately lower to lower. MAY22 HI 11.80 1/2 SEP22 HI 11.89 1/2 LOW 11.61 1/4 LOW 11.51 CLOSE 11.61 1/4 Down 29 1/4 CLOSE 11.53 1/4 Down 24 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 2.10 N/A London 1.73 2.30 1.73 N/A 2.72 2.34 1.96 N/A Hensall 1.80 N/A 1.80 N/A 3.10 N/A 2.10 N/A Trenton N/A N/A N/A N/A N/A N/A 2.10 N/A Bruce 1.80 2.40 1.80 N/A 3.00 2.45 2.10 1.30 Essex N/A N/A 1.80 N/A N/A N/A 2.10 N/A Norwich 1.80 N/A 1.80 N/A 3.10 N/A 2.10 N/A Port Hope N/A N/A N/A N/A N/A N/A 2.10 N/A Kent Bridge 1.80 N/A 1.80 N/A 3.10 N/A 2.10 N/A Chatham N/A N/A 1.80 N/A N/A N/A 2.10 N/A Brigden N/A N/A 1.80 N/A N/A N/A 2.10 N/A Palmerston N/A 1.23 1.42 2.64 N/A 2.10 1.97 N/A Varna 2.05 2.55 1.80 N/A 3.00 2.45 2.10 N/A Mitchell 1.80 2.50 1.80 N/A 3.10 2.45 2.10 N/A Thornton 1.73 2.30 1.73 1.32 2.72 2.34 1.96 N/A North Gower N/A N/A N/A N/A N/A N/A 1.90 N/A W O Feed 2.49 TERMINAL Port Colbor N/A N/A 2.18 N/A N/A N/A 2.41 N/A PROCESSORS Toledo FM N/A N/A 3.02 N/A N/A N/A 2.99 N/A Toledo El. 10.14US 13.01CA 10.35US 13.28CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 690.61 DDG's FOB Srn & Aylm 385.00 - 400.00