FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, June 23
23 Jun 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, June 23 Exchange rate was 1.3002 up 0.0060 Chicago soybeans closed lower to sharply lower. AUG22 HI 15.66 NOV22 HI 14.78 1/2 LOW 15.00 LOW 14.09 1/4 CLOSE15.07 1/4 Down 56 3/4 CLOSE 14.15 1/2 Down 61 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +AUG22+AUG22+NOV22 CK Low 4.80 19.87 730.19 3.70 17.86 656.06 CK High 5.32 20.39 749.30 3.77 17.93 658.63 CK Average 5.23 0.54 20.30 746.04 3.75 -0.39 17.90 657.74 Essex Cty 5.30 20.37 748.56 3.70 17.86 656.06 Mdsx Low 5.30 20.37 748.56 3.75 17.91 657.90 Mdsx High 5.50 20.57 755.91 3.85 18.01 661.57 Mdsx Average5.38 0.66 20.45 751.50 3.80 -0.35 17.95 659.61 Hensall 5.47 20.54 754.69 3.87 18.02 662.18 Bruce 5.30 20.37 748.56 3.75 17.91 657.90 Putnam 5.30 20.37 748.56 3.80 17.96 659.73 Burford 5.40 20.47 752.24 3.85 18.01 661.57 Port Perry 5.25 20.32 746.72 3.70 17.86 656.06 Norfolk 5.30 20.37 748.56 3.80 17.96 659.73 Palmerston 5.40 20.47 752.24 3.87 18.03 662.31 Varna 5.55 20.62 757.75 3.90 18.06 663.41 Trenton N/A 3.80 17.96 659.73 Winchester 4.80 19.87 730.19 3.76 17.92 658.26 North Gower 5.00 20.07 737.54 3.90 18.06 663.41 Vankleek Hil3.57 18.64 684.99 3.55 17.71 650.55 Huron FOB 5.29 5.36 5.42 3.81 20.36 748.19 3.81 17.97 660.10 Kent FOB 5.35 20.42 750.40 3.75 17.91 657.90 Lambton FOB 5.55 20.62 757.75 N/A Mdsx FOB 5.31 5.63 5.63 N/A 20.38 748.93 4.08 18.24 670.02 PROCESSORS Windsor 5.84 20.91 768.40 4.07 18.23 669.65 TRANSFER Hamilton 5.80 20.87 766.93 4.45 18.61 683.62 Prescott N/A 4.15 18.31 672.59 Port Colborn N/A 4.46 18.62 683.98 Toledo El. 1.11 16.18 594.43 -0.46 13.70 503.39 Exchange rate was 1.3002 up 0.0060 Chicago wheat closed lower. JUL22 HI 9.74 1/2 SEP22 HI 9.87 LOW 9.34 1/2 LOW 9.46 1/2 CLOSE 9.37 1/4 Down 39 1/4 CLOSE 9.49 1/4 Down 39 1/2 Minni wheat closed lower. JUL22 HI 11.06 SEP22 HI 11.05 1/4 LOW 10.79 LOW 10.77 1/2 CLOSE 10.80 1/2 Down 25 1/2 CLOSE 10.79 3/4 Down 26 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 1.86 2.58 1.80 N/A 2.93 2.29 1.83 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 2.58 1.99 2.48 N/A 2.61 2.03 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 1.86 2.58 1.80 N/A 2.93 2.29 1.83 2.18 North Gower N/A N/A N/A N/A N/A N/A 2.10 N/A W O Feed 2.37 TERMINAL Port Colbor N/A N/A 2.32 N/A N/A N/A 2.29 N/A PROCESSORS Toledo FM N/A N/A 2.97 N/A N/A N/A 2.85 N/A Toledo El. 9.22US 11.99CA 9.22US 11.99CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 694.14 DDG's FOB Srn & Aylm 340.00 - 360.00