FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, June 21
21 Jun 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, June 21 Exchange rate was 1.2921 down 0.0075 Chicago soybeans closed slightly to moderately lower. AUG22 HI 16.19 NOV22 HI 15.29 3/4 LOW 15.92 LOW 15.06 CLOSE15.98 1/2 Down 23 3/4 CLOSE 15.10 1/2 Down 27 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +AUG22+AUG22+NOV22 CK Low 4.95 20.94 769.23 3.80 18.91 694.64 CK High 5.50 21.49 789.44 3.90 19.01 698.31 CK Average 5.42 0.58 21.41 786.55 3.87 -0.42 18.98 697.26 Essex Cty 5.50 21.49 789.44 3.80 18.91 694.64 Mdsx Low 5.50 21.49 789.44 3.85 18.96 696.48 Mdsx High 5.52 21.51 790.17 3.90 19.01 698.31 Mdsx Average5.51 0.65 21.49 789.68 3.87 -0.42 18.98 697.33 Hensall 5.53 21.52 790.66 3.92 19.02 698.93 Bruce 5.55 21.54 791.28 3.90 19.01 698.31 Putnam 5.50 21.49 789.44 3.95 19.06 700.15 Burford 5.58 21.57 792.38 3.93 19.04 699.42 Port Perry 5.43 21.42 786.87 3.78 18.89 693.90 Norfolk 5.50 21.49 789.44 3.90 19.01 698.31 Palmerston 5.53 21.52 790.54 3.90 19.01 698.31 Varna 5.55 21.54 791.28 3.90 19.01 698.31 Trenton N/A 4.05 19.16 703.83 Winchester 4.96 20.95 769.60 3.92 19.03 699.05 North Gower 5.20 21.19 778.42 4.05 19.16 703.83 Vankleek Hil3.77 19.76 725.87 3.76 18.87 693.17 Huron FOB 5.41 5.54 5.61 3.80 21.40 786.13 3.80 18.91 694.64 Kent FOB 5.55 21.54 791.28 3.85 18.96 696.48 Lambton FOB 5.55 21.54 791.28 N/A Mdsx FOB 5.49 5.81 5.81 N/A 21.48 789.07 4.25 19.36 711.17 PROCESSORS Windsor 5.95 21.94 805.97 4.22 19.33 710.07 TRANSFER Hamilton 6.00 21.99 807.81 4.60 19.71 724.03 Prescott N/A 4.36 19.47 715.22 Port Colborn N/A 4.63 19.74 725.14 Toledo El. 1.10 17.08 627.70 -0.45 14.65 538.40 Exchange rate was 1.2921 down 0.0075 Chicago wheat closed sharply lower. JUL22 HI 10.33 1/4 SEP22 HI 10.46 LOW 9.73 1/2 LOW 9.85 1/2 CLOSE 9.75 1/4 Down 59 CLOSE 9.87 1/4 Down 59 1/2 Minni wheat closed sharply lower. JUL22 HI 11.70 SEP22 HI 11.72 3/4 LOW 11.10 3/4 LOW 11.10 1/2 CLOSE 11.17 3/4 Down 51 3/4 CLOSE 11.18 Down 52 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 2.02 2.73 1.89 N/A 3.02 2.38 1.93 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 1.95 N/A 3.00 2.40 2.05 1.50 Essex N/A N/A 1.80 N/A N/A N/A 1.95 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 1.80 N/A N/A N/A 1.95 N/A Brigden N/A N/A 1.80 N/A N/A N/A 1.95 N/A Palmerston N/A 2.60 2.02 2.49 N/A 2.63 2.05 N/A Varna 2.20 2.70 1.95 N/A 3.10 2.55 2.05 N/A Mitchell 1.95 2.60 1.95 N/A 3.10 2.40 2.05 N/A Thornton 2.02 2.73 1.89 N/A 3.02 2.38 1.93 2.35 North Gower N/A N/A N/A N/A N/A N/A 2.20 N/A W O Feed 2.44 TERMINAL Port Colbor N/A N/A 2.41 N/A N/A N/A 2.38 N/A PROCESSORS Toledo FM N/A N/A 3.00 N/A N/A N/A 2.88 N/A Toledo El. 9.60US 12.41CA 9.60US 12.41CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 699.21 DDG's FOB Srn & Aylm 340.00 - 360.00