FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, June 28
28 Jun 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, June 28 Exchange rate was 1.2889 up 0.0015 Chicago soybeans closed moderately higher. AUG22 HI 15.64 1/4 NOV22 HI 14.68 3/4 LOW 15.31 3/4 LOW 14.36 CLOSE15.56 1/2 Up 27 CLOSE 14.62 1/2 Up 29 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 4.70 20.27 744.61 3.65 18.28 671.49 CK High 5.25 20.82 764.82 3.70 18.33 673.33 CK Average 5.16 0.52 20.73 761.67 3.68 -0.42 18.30 672.54 Essex Cty 5.25 20.82 764.82 3.65 18.28 671.49 Mdsx Low 5.22 20.79 763.72 3.67 18.30 672.23 Mdsx High 5.25 20.82 764.82 3.70 18.33 673.33 Mdsx Average5.24 0.58 20.81 764.45 3.69 -0.42 18.32 672.96 Hensall 5.28 20.85 766.05 3.75 18.38 675.17 Bruce 5.20 20.77 762.98 3.70 18.33 673.33 Putnam 5.25 20.82 764.82 3.75 18.38 675.17 Burford 5.28 20.85 765.92 3.73 18.36 674.43 Port Perry 5.19 20.76 762.62 3.64 18.27 671.12 Norfolk 5.25 20.82 764.82 3.75 18.38 675.17 Palmerston 5.28 20.85 765.92 3.79 18.42 676.64 Varna 5.30 20.87 766.66 3.80 18.43 677.00 Trenton N/A 3.75 18.38 675.17 Winchester N/A 3.60 18.23 669.65 North Gower 5.00 20.57 755.63 3.70 18.33 673.33 Vankleek Hil3.35 18.92 695.01 3.41 18.04 662.67 Huron FOB 5.41 5.47 5.47 3.77 20.98 770.70 3.77 18.40 675.90 Kent FOB 5.30 20.87 766.66 3.70 18.33 673.33 Lambton FOB 5.12 20.69 760.04 N/A Mdsx FOB 5.13 5.45 5.45 N/A 20.70 760.41 3.90 18.53 680.68 PROCESSORS Windsor 5.74 21.31 782.82 4.11 18.74 688.39 TRANSFER Hamilton 5.75 21.32 783.19 4.40 19.03 699.05 Prescott N/A 3.99 18.62 683.98 Port Colborn N/A 4.34 18.97 696.84 Toledo El. 1.10 16.66 612.17 -0.45 14.17 520.80 Exchange rate was 1.2889 up 0.0015 Chicago wheat closed moderately higher. SEP22 HI 9.49 3/4 JUL23 HI 9.54 1/4 LOW 9.21 LOW 9.33 CLOSE 9.36 Up 18 1/2 CLOSE 9.43 Up 12 1/2 Minni wheat closed mixed. SEP22 HI 10.55 SEP23 HI 10.09 1/4 LOW 10.35 3/4 LOW 9.75 CLOSE 10.40 3/4 Down 3 3/4 CLOSE 10.06 3/4 Up 37 1/2 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 2.84 2.32 1.81 N/A 2.22 2.03 1.65 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 2.75 2.10 1.75 1.50 2.20 2.15 1.65 N/A Essex N/A N/A 1.75 N/A N/A N/A 1.60 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 1.75 N/A N/A N/A 1.65 N/A Brigden N/A N/A 1.75 N/A N/A N/A 1.65 N/A Palmerston N/A 2.42 1.84 N/A N/A 2.45 1.58 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 2.84 2.32 1.81 2.43 2.22 2.03 1.65 N/A North Gower N/A 1.50 1.90 1.12 N/A 1.40 1.80 0.88 W O Feed 2.26 TERMINAL Port Colbor N/A N/A 2.27 N/A N/A N/A 2.04 N/A PROCESSORS Toledo FM N/A N/A 2.70 N/A N/A N/A N/A N/A Toledo El. 9.06US 11.68CA 9.33US 12.03CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 722.14 DDG's FOB Srn & Aylm 340.00 - 350.00