FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, June 30
30 Jun 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, June 30 Exchange rate was 1.2866 down 0.0008 Chicago soybeans closed slightly to moderately lower. AUG22 HI 16.01 1/4 NOV22 HI 15.07 3/4 LOW 15.52 3/4 LOW 14.51 1/2 CLOSE15.60 1/2 Down 11 CLOSE 14.58 Down 20 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +AUG22+AUG22+NOV22 CK Low 4.80 20.41 749.76 3.70 18.28 671.68 CK High 5.40 21.01 771.80 3.80 18.38 675.35 CK Average 5.27 0.62 20.88 767.13 3.75 -0.33 18.33 673.51 Essex Cty 5.30 20.91 768.13 3.70 18.28 671.68 Mdsx Low 5.30 20.91 768.13 3.75 18.33 673.51 Mdsx High 5.38 20.99 771.07 3.82 18.40 676.08 Mdsx Average5.33 0.66 20.93 769.11 3.77 -0.31 18.35 674.37 Hensall 5.37 20.97 770.58 3.80 18.38 675.35 Bruce 5.20 20.81 764.45 3.75 18.33 673.51 Putnam 5.40 21.01 771.80 3.80 18.38 675.35 Burford 5.44 21.05 773.27 3.88 18.46 678.29 Port Perry 5.35 20.96 769.96 3.79 18.37 674.98 Norfolk 5.30 20.91 768.13 3.80 18.38 675.35 Palmerston 5.25 20.86 766.29 3.76 18.34 673.88 Varna 5.35 20.96 769.96 3.80 18.38 675.35 Trenton N/A 3.75 18.33 673.51 Winchester N/A 3.60 18.18 668.00 North Gower 5.00 20.61 757.10 3.70 18.28 671.68 Vankleek Hil3.38 18.99 697.58 3.53 18.11 665.43 Huron FOB 5.49 5.49 5.55 3.78 21.10 775.11 3.78 18.36 674.61 Kent FOB 5.35 20.96 769.96 3.75 18.33 673.51 Lambton FOB 5.25 20.86 766.29 N/A Mdsx FOB 5.29 5.61 5.61 N/A 20.90 767.76 4.05 18.63 684.54 PROCESSORS Windsor 5.83 21.44 787.60 4.20 18.78 690.05 TRANSFER Hamilton 5.80 21.41 786.50 4.45 19.03 699.23 Prescott N/A 4.10 18.68 686.37 Port Colborn N/A 4.49 19.07 700.70 Toledo El. 1.09 16.70 613.57 -0.45 14.13 519.18 Exchange rate was 1.2866 down 0.0008 Chicago wheat closed lower. SEP22 HI 9.39 1/2 JUL23 HI 9.52 3/4 LOW 8.81 LOW 8.98 3/4 CLOSE 8.84 Down 46 CLOSE 9.01 3/4 Down 38 1/2 Minni wheat closed moderately lower to lower. SEP22 HI 10.33 1/4 SEP23 HI 10.05 LOW 9.88 LOW 9.82 1/4 CLOSE 9.90 Down 38 1/2 CLOSE 9.88 Down 16 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 2.00 N/A N/A N/A 1.85 N/A London 2.85 2.33 1.82 N/A 2.25 2.05 1.67 N/A Hensall 3.10 N/A 2.05 N/A 2.50 N/A 1.85 N/A Trenton N/A N/A 2.00 N/A N/A N/A 1.85 N/A Bruce 2.85 2.40 2.00 1.50 2.20 2.15 1.85 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 2.00 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 2.28 1.96 N/A N/A 2.33 1.46 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 2.85 2.33 1.82 2.41 2.25 2.05 1.67 N/A North Gower N/A 1.50 1.90 1.12 N/A 1.40 1.80 0.82 W O Feed 2.25 TERMINAL Port Colbor N/A N/A 2.28 N/A N/A N/A 2.06 N/A PROCESSORS Toledo FM N/A N/A 2.53 N/A N/A N/A N/A N/A Toledo El. 8.54US 10.99CA 8.92US 11.47CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 754.99 DDG's FOB Srn & Aylm 340.00 - 350.00