FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, June 27
27 Jun 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, June 27 Exchange rate was 1.2874 down 0.0033 Chicago soybeans closed steady to slightly higher. AUG22 HI 15.36 1/4 NOV22 HI 14.41 1/4 LOW 15.04 LOW 14.00 1/2 CLOSE15.29 1/2 Up 8 3/4 CLOSE 14.32 3/4 Up 8 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 4.70 20.00 734.69 3.65 17.98 660.56 CK High 5.30 20.60 756.74 3.75 18.08 664.23 CK Average 5.21 0.63 20.51 753.43 3.71 -0.32 18.03 662.66 Essex Cty 5.30 20.60 756.74 3.70 18.03 662.40 Mdsx Low 5.00 20.30 745.71 3.50 17.83 655.05 Mdsx High 5.30 20.60 756.74 3.75 18.08 664.23 Mdsx Average5.20 0.62 20.49 752.94 3.66 -0.36 17.98 660.81 Hensall 5.30 20.60 756.74 3.78 18.11 665.46 Bruce 5.30 20.60 756.74 3.75 18.08 664.23 Putnam 5.30 20.60 756.74 3.75 18.08 664.23 Burford 5.35 20.65 758.57 3.78 18.11 665.34 Port Perry 5.26 20.56 755.27 3.69 18.02 662.03 Norfolk 5.30 20.60 756.74 3.80 18.13 666.07 Palmerston 5.43 20.73 761.51 3.73 18.06 663.50 Varna 5.30 20.60 756.74 3.80 18.13 666.07 Trenton N/A 3.75 18.08 664.23 Winchester 4.71 20.01 735.06 3.65 17.98 660.56 North Gower 5.00 20.30 745.71 3.80 18.13 666.07 Vankleek Hil3.34 18.64 684.72 3.41 17.74 651.74 Huron FOB 5.32 5.39 5.39 3.63 20.62 757.47 3.63 17.96 659.83 Kent FOB 5.35 20.65 758.57 3.75 18.08 664.23 Lambton FOB 5.12 20.42 750.12 N/A Mdsx FOB 5.19 5.52 5.52 N/A 20.49 752.69 3.95 18.28 671.58 PROCESSORS Windsor 5.68 20.98 770.70 4.04 18.37 674.89 TRANSFER Hamilton 5.80 21.10 775.11 4.45 18.78 689.96 Prescott N/A 3.99 18.32 673.05 Port Colborn N/A 4.39 18.72 687.75 Toledo El. 1.09 16.39 602.20 -0.45 13.88 509.89 Exchange rate was 1.2874 down 0.0033 Chicago wheat closed moderately lower. SEP22 HI 9.52 1/4 JUL23 HI 9.60 1/2 LOW 9.13 1/2 LOW 9.22 3/4 CLOSE 9.17 1/2 Down 19 CLOSE 9.30 1/2 Down 16 1/4 Minni wheat closed moderately lower to lower. SEP22 HI 10.77 1/2 SEP23 HI 9.95 1/4 LOW 10.40 3/4 LOW 9.69 1/4 CLOSE 10.44 1/2 Down 26 CLOSE 9.69 1/4 Down 21 Direct MarkHarvest 2022 Harvest 2023 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 2.05 N/A N/A N/A 1.85 N/A London 2.90 2.19 1.80 N/A 2.29 1.84 1.45 N/A Hensall 3.10 N/A 2.05 N/A 2.50 N/A 1.85 N/A Trenton N/A N/A 2.05 N/A N/A N/A 1.85 N/A Bruce 3.00 2.40 2.00 1.50 2.40 2.15 1.85 N/A Essex N/A N/A 1.85 N/A N/A N/A 1.70 N/A Norwich 3.10 N/A 2.05 N/A 2.50 N/A 1.85 N/A Port Hope N/A N/A 2.05 N/A N/A N/A 1.85 N/A Kent Bridge 3.10 N/A 2.05 N/A 2.50 N/A 1.85 N/A Chatham N/A N/A 1.85 N/A N/A N/A 1.75 N/A Brigden N/A N/A 1.85 N/A N/A N/A 1.75 N/A Palmerston N/A 2.39 1.81 N/A N/A N/A 1.57 N/A Varna 3.05 2.55 2.00 N/A 2.40 2.15 1.85 N/A Mitchell 3.10 2.40 2.05 N/A 2.50 2.15 1.85 N/A Thornton 2.90 2.19 1.80 2.06 2.29 1.84 1.45 N/A North Gower N/A N/A 1.90 N/A N/A N/A 1.80 N/A W O Feed N/A TERMINAL Port Colbor N/A N/A 2.26 N/A N/A N/A 1.85 N/A PROCESSORS Toledo FM N/A N/A 2.64 N/A N/A N/A N/A N/A Toledo El. 8.89US 11.44CA N/A (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 708.47 DDG's FOB Srn & Aylm 340.00 - 350.00