FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, June 20
20 Jun 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, June 20 Exchange rate was 1.2996 down 0.0033 Markets in the U.S. were closed for the Juneteenth Holiday. Chicago soybeans closed slightly lower on Fri, June 17. AUG22 HI 16.45 NOV22 HI 15.56 3/4 LOW 16.21 LOW 15.36 1/2 CLOSE16.22 1/4 Down 8 1/2 CLOSE 15.37 1/2 Down 5 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +AUG22+AUG22+NOV22 CK Low 5.15 21.37 785.30 3.90 19.28 708.24 CK High 5.75 21.97 807.35 4.10 19.48 715.58 CK Average 5.62 0.58 21.84 802.57 4.02 -0.45 19.40 712.75 Essex Cty 5.75 21.97 807.35 4.05 19.43 713.75 Mdsx Low 5.50 21.72 798.17 3.90 19.28 708.24 Mdsx High 5.75 21.97 807.35 4.10 19.48 715.58 Mdsx Average5.64 0.60 21.86 803.19 4.01 -0.46 19.39 712.28 Hensall 5.62 21.84 802.45 3.95 19.33 710.07 Bruce 5.75 21.97 807.35 4.10 19.48 715.58 Putnam 5.75 21.97 807.35 4.05 19.43 713.75 Burford 5.72 21.94 806.25 4.09 19.47 715.22 Port Perry 5.57 21.79 800.74 3.94 19.32 709.70 Norfolk 5.75 21.97 807.35 4.15 19.53 717.42 Palmerston 5.41 21.63 794.86 3.76 19.14 703.09 Varna 5.55 21.77 800.00 3.90 19.28 708.24 Trenton N/A 4.00 19.38 711.91 Winchester 5.15 21.37 785.30 4.10 19.48 715.58 North Gower 5.20 21.42 787.14 4.05 19.43 713.75 Vankleek Hil3.81 20.03 736.07 3.76 19.14 703.09 Huron FOB 5.70 5.83 5.89 4.08 21.92 805.51 4.08 19.46 714.85 Kent FOB 5.80 22.02 809.19 4.10 19.48 715.58 Lambton FOB 5.55 21.77 800.00 N/A Mdsx FOB 5.76 6.09 6.09 N/A 21.98 807.72 4.52 19.90 731.02 PROCESSORS Windsor 6.14 22.36 821.68 4.40 19.78 726.61 TRANSFER Hamilton 6.25 22.47 825.72 4.85 20.23 743.14 Prescott N/A 4.36 19.74 725.14 Port Colborn N/A 4.90 20.28 744.98 Toledo El. 1.10 17.33 636.67 -0.45 14.92 548.22 Exchange rate was 1.2996 down 0.0033 Chicago wheat closed lower. JUL22 HI 10.83 3/4 SEP22 HI 10.96 LOW 10.30 1/4 LOW 10.42 3/4 CLOSE 10.34 1/4 Down 44 CLOSE 10.46 3/4 Down 43 3/4 Minni wheat closed lower. JUL22 HI 12.09 1/4 SEP22 HI 12.10 LOW 11.67 3/4 LOW 11.68 1/4 CLOSE 11.69 1/2 Down 39 1/2 CLOSE 11.70 Down 39 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 2.05 N/A London 2.29 3.01 2.16 N/A 3.31 2.66 2.20 N/A Hensall 1.95 N/A 1.95 N/A 3.10 N/A 2.05 N/A Trenton N/A N/A N/A N/A N/A N/A 2.05 N/A Bruce 1.95 2.40 2.00 N/A 2.95 2.40 2.10 1.50 Essex N/A N/A 1.95 N/A N/A N/A 2.10 N/A Norwich 1.95 N/A 1.95 N/A 3.10 N/A 2.05 N/A Port Hope N/A N/A N/A N/A N/A N/A 2.05 N/A Kent Bridge 1.95 N/A 1.95 N/A 3.10 N/A 2.05 N/A Chatham N/A N/A 1.95 N/A N/A N/A 2.10 N/A Brigden N/A N/A 1.95 N/A N/A N/A 2.10 N/A Palmerston N/A 2.82 2.24 2.71 N/A 2.86 2.27 N/A Varna 2.15 2.65 1.95 N/A 2.95 2.40 2.05 N/A Mitchell 1.95 2.60 1.95 N/A 3.10 2.40 2.05 N/A Thornton 2.29 3.01 2.16 N/A 3.31 2.66 2.20 2.60 North Gower N/A N/A N/A N/A N/A N/A 2.20 N/A W O Feed 2.71 TERMINAL Port Colbor N/A N/A 2.69 N/A N/A N/A 2.66 N/A PROCESSORS Toledo FM N/A N/A 3.27 N/A N/A N/A 3.14 N/A Toledo El. 10.19US 13.25CA 10.19US 13.24CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 706.70 DDG's FOB Srn & Aylm 340.00 - 360.00