FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, June 13
13 Jun 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, June 13 Exchange rate was 1.2866 up 0.0102 Chicago soybeans closed moderately lower to lower. AUG22 HI 16.68 1/2 NOV22 HI 15.74 LOW 16.21 LOW 15.16 1/4 CLOSE16.27 3/4 Down 34 1/4 CLOSE 15.33 3/4 Down 34 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +AUG22+AUG22+NOV22 CK Low 4.90 21.18 778.14 3.73 19.07 700.61 CK High 5.45 21.73 798.35 3.90 19.24 706.86 CK Average 5.36 0.54 21.64 794.99 3.80 -0.46 19.14 703.34 Essex Cty 5.45 21.73 798.35 3.80 19.14 703.18 Mdsx Low 5.38 21.66 795.78 3.75 19.09 701.35 Mdsx High 5.45 21.73 798.35 3.80 19.14 703.18 Mdsx Average5.41 0.58 21.69 796.88 3.78 -0.48 19.12 702.57 Hensall 5.45 21.73 798.35 3.85 19.19 705.02 Bruce 5.35 21.63 794.67 3.70 19.04 699.51 Putnam 5.45 21.73 798.35 3.85 19.19 705.02 Burford 5.44 21.72 797.98 3.81 19.15 703.55 Port Perry 5.29 21.57 792.47 3.66 19.00 698.04 Norfolk 5.45 21.73 798.35 3.85 19.19 705.02 Palmerston 5.10 21.38 785.49 3.62 18.96 696.57 Varna 5.45 21.73 798.35 3.85 19.19 705.02 Trenton N/A 3.85 19.19 705.02 Winchester 4.91 21.19 778.51 3.90 19.24 706.86 North Gower 5.10 21.38 785.49 3.70 19.04 699.51 Vankleek Hil3.66 19.94 732.58 3.75 19.09 701.35 Huron FOB 5.33 5.40 5.46 3.79 21.61 793.94 3.79 19.13 702.82 Kent FOB 5.45 21.73 798.35 3.80 19.14 703.18 Lambton FOB 5.36 21.64 795.04 N/A Mdsx FOB 5.48 5.80 N/A N/A 21.76 799.45 4.17 19.51 716.78 PROCESSORS Windsor 5.95 22.23 816.72 4.19 19.53 717.51 TRANSFER Hamilton 5.95 22.23 816.72 4.50 19.84 728.90 Prescott N/A 4.27 19.61 720.45 Port Colborn N/A 4.61 19.95 732.95 Toledo El. 1.09 17.37 638.28 -0.45 14.89 547.01 Exchange rate was 1.2866 up 0.0102 Chicago wheat closed slightly higher. JUL22 HI 10.93 1/2 SEP22 HI 11.07 3/4 LOW 10.53 1/2 LOW 10.68 CLOSE 10.71 Up 1/4 CLOSE 10.86 Up 1 1/4 Minni wheat closed slightly higher. JUL22 HI 12.37 1/2 SEP22 HI 12.37 LOW 12.10 LOW 12.10 CLOSE 12.21 3/4 Up 1/4 CLOSE 12.21 3/4 Up 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 1.90 N/A London 2.24 2.82 2.24 N/A 3.05 2.60 2.09 N/A Hensall 1.75 N/A 1.75 N/A 2.90 N/A 1.90 N/A Trenton N/A N/A N/A N/A N/A N/A 2.10 N/A Bruce 1.75 2.25 1.75 N/A 2.80 2.25 1.90 1.30 Essex N/A N/A 1.85 N/A N/A N/A 2.00 N/A Norwich 1.75 N/A 1.75 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 1.75 N/A 1.75 N/A 2.90 N/A 1.90 N/A Chatham N/A N/A 1.85 N/A N/A N/A 2.00 N/A Brigden N/A N/A 1.85 N/A N/A N/A 2.00 N/A Palmerston N/A 2.79 2.22 2.71 N/A 2.84 2.26 N/A Varna 2.10 2.60 1.85 N/A 2.90 2.35 2.00 N/A Mitchell 1.75 2.45 1.75 N/A 2.90 2.25 1.90 N/A Thornton 2.24 2.82 2.24 N/A 3.05 2.60 2.09 2.61 North Gower N/A N/A N/A N/A N/A N/A 2.15 N/A W O Feed 2.63 TERMINAL Port Colbor N/A N/A 2.57 N/A N/A N/A 2.55 N/A PROCESSORS Toledo FM N/A N/A 3.26 N/A N/A N/A 3.11 N/A Toledo El. 10.56US 13.59CA 10.56US 13.59CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 639.46 DDG's FOB Srn & Aylm 375.00 - 380.00