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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, August 17

17 Aug 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, August 17 Exchange rate was 1.289 up 0.0043 Chicago soybeans closed slightly higher. NOV22 HI 14.00 NOV22 HI 14.00 LOW 13.79 LOW 13.79 CLOSE13.90 Up 9 CLOSE 13.90 Up 9 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV22+NOV22+NOV22 CK Low 5.03 18.93 695.56 3.65 17.55 644.85 CK High 5.20 19.10 701.80 3.75 17.65 648.53 CK Average 5.17 0.90 19.07 700.76 3.73 -0.22 17.63 647.95 Essex Cty 5.20 19.10 701.80 3.65 17.55 644.85 Mdsx Low 5.08 18.98 697.40 3.65 17.55 644.85 Mdsx High 5.20 19.10 701.80 3.79 17.69 650.00 Mdsx Average5.14 0.87 19.04 699.72 3.73 -0.22 17.63 647.79 Hensall 5.23 19.13 703.03 3.75 17.65 648.53 Bruce 5.00 18.90 694.46 3.75 17.65 648.53 Putnam 5.20 19.10 701.80 3.75 17.65 648.53 Burford 5.14 19.04 699.60 3.85 17.75 652.20 Port Perry 5.02 18.92 695.19 3.73 17.63 647.79 Norfolk 5.20 19.10 701.80 3.75 17.65 648.53 Palmerston 5.17 19.07 700.70 3.63 17.53 644.12 Varna 5.25 19.15 703.64 3.75 17.65 648.53 Trenton N/A 3.75 17.65 648.53 Winchester N/A 3.76 17.66 648.89 North Gower N/A 3.60 17.50 643.01 Vankleek Hil5.41 19.31 709.52 3.45 17.35 637.50 Huron FOB 4.93 N/A N/A 3.80 18.83 691.88 3.80 17.70 650.36 Kent FOB 5.20 19.10 701.80 3.75 17.65 648.53 Lambton FOB 5.35 19.25 707.32 3.90 17.80 654.04 Mdsx FOB 5.25 N/A N/A N/A 19.15 703.64 3.93 17.83 655.14 PROCESSORS Windsor N/A 4.17 18.07 663.96 TRANSFER Hamilton 5.35 19.25 707.32 4.40 18.30 672.41 Prescott N/A 4.02 17.92 658.45 Port Colborn N/A 4.46 18.36 674.61 Toledo El. 0.32 14.22 522.58 -0.45 13.45 494.16 Exchange rate was 1.289 up 0.0043 Chicago wheat closed moderately lower. SEP22 HI 7.97 JUL23 HI 8.35 LOW 7.59 1/2 LOW 8.01 1/4 CLOSE 7.63 1/4 Down 22 3/4 CLOSE 8.05 1/2 Down 19 1/2 Minni wheat closed moderately lower. SEP22 HI 9.10 3/4 SEP23 HI 9.08 1/2 LOW 8.80 3/4 LOW 8.94 3/4 CLOSE 8.83 1/2 Down 19 1/4 CLOSE 8.96 Down 16 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 1.30 N/A N/A N/A 1.40 N/A London 2.76 2.05 1.27 N/A 2.48 1.84 1.45 N/A Hensall 3.25 N/A 1.30 N/A 2.50 N/A 1.40 N/A Trenton N/A N/A 1.15 N/A N/A N/A 1.40 N/A Bruce 2.60 1.80 1.30 1.20 2.30 1.80 1.40 N/A Essex N/A N/A 1.30 N/A N/A N/A 1.35 N/A Norwich 3.25 N/A 1.30 N/A 2.50 N/A 1.40 N/A Port Hope N/A N/A 1.15 N/A N/A N/A 1.40 N/A Kent Bridge 3.25 N/A 1.30 N/A 2.50 N/A 1.40 N/A Chatham N/A N/A 1.30 N/A N/A N/A 1.40 N/A Brigden N/A N/A 1.30 N/A N/A N/A 1.40 N/A Palmerston N/A 2.20 1.36 2.16 N/A N/A 1.34 N/A Varna 2.75 2.20 1.30 N/A 2.50 2.00 1.40 N/A Mitchell 3.25 2.20 1.30 N/A 2.50 1.80 1.40 N/A Thornton 2.76 2.05 1.27 1.93 2.48 1.84 1.45 N/A North Gower N/A 0.85 1.25 1.07 N/A 0.90 1.30 0.87 W O Feed 1.98 TERMINAL Port Colbor N/A N/A 1.80 N/A N/A N/A 1.85 N/A PROCESSORS Toledo FM N/A N/A 2.14 N/A N/A N/A 2.20 N/A Toledo El. 7.43US 9.58CA 7.96US 10.25CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 745.84 DDG's FOB Srn & Aylm 310.00