News & Resources

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, September 1

1 Sep 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, September 1 Exchange rate was 1.3165 up 0.0041 Chicago soybeans closed moderately lower. NOV22 HI 14.33 NOV22 HI 14.33 LOW 13.90 LOW 13.90 CLOSE13.94 3/4 Down 27 3/4 CLOSE 13.94 3/4 Down 27 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV22+NOV22+JAN23 CK Low 5.08 19.03 699.14 4.00 17.95 659.46 CK High 5.40 19.35 710.90 4.15 18.10 664.97 CK Average 5.32 0.69 19.27 707.96 4.09 -0.25 18.04 662.82 Essex Cty N/A 4.00 17.95 659.46 Mdsx Low 5.13 19.08 700.98 4.00 17.95 659.46 Mdsx High 5.13 19.08 700.98 4.14 18.09 664.60 Mdsx Average5.13 0.54 19.08 700.98 4.08 -0.25 18.03 662.40 Hensall 5.37 19.31 709.67 4.10 18.05 663.13 Bruce 5.20 19.15 703.55 4.10 18.05 663.13 Putnam 5.40 19.35 710.90 4.10 18.05 663.13 Burford 5.19 19.14 703.18 4.20 18.15 666.81 Port Perry 5.07 19.02 698.77 4.08 18.03 662.40 Norfolk N/A 4.10 18.05 663.13 Palmerston N/A 4.09 18.04 662.76 Varna 5.35 19.30 709.06 4.10 18.05 663.13 Trenton N/A 3.95 17.90 657.62 Winchester N/A 4.15 18.10 664.97 North Gower N/A 4.00 17.95 659.46 Vankleek Hil5.82 19.77 726.33 3.89 17.84 655.42 Huron FOB N/A N/A 4.27 4.05 4.20 18.15 666.81 Kent FOB N/A 4.10 18.05 663.13 Lambton FOB 4.05 18.00 661.29 4.20 18.15 666.81 Mdsx FOB 4.83 4.35 4.35 N/A 18.78 689.96 4.35 18.30 672.32 PROCESSORS Windsor N/A 4.46 18.41 676.36 TRANSFER Hamilton N/A 4.75 18.70 687.02 Prescott N/A 4.43 18.38 675.26 Port Colborn N/A 4.88 18.83 691.79 Toledo El. 0.33 14.28 524.58 -0.39 13.55 497.97 Exchange rate was 1.3165 up 0.0041 Chicago wheat closed lower. DEC22 HI 8.35 JUL23 HI 8.59 3/4 LOW 7.91 1/4 LOW 8.20 1/4 CLOSE 7.94 1/4 Down 37 1/4 CLOSE 8.23 Down 35 1/4 Minni wheat closed lower. DEC22 HI 9.28 3/4 SEP23 HI 9.09 LOW 8.83 LOW 8.85 3/4 CLOSE 8.86 1/2 Down 43 CLOSE 8.87 1/4 Down 34 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 1.15 N/A N/A N/A 1.40 N/A London 3.01 1.96 1.10 N/A 2.75 2.09 1.44 N/A Hensall 3.75 N/A 1.15 N/A 2.55 N/A 1.40 N/A Trenton N/A N/A 1.00 N/A N/A N/A 1.40 N/A Bruce 2.00 1.70 1.15 1.00 2.00 1.90 1.40 N/A Essex N/A N/A 1.15 N/A N/A N/A 1.40 N/A Norwich 3.75 N/A 1.15 N/A 2.55 N/A 1.40 N/A Port Hope N/A N/A 1.00 N/A N/A N/A 1.40 N/A Kent Bridge 3.75 N/A 1.15 N/A 2.55 N/A 1.40 N/A Chatham N/A N/A 1.15 N/A N/A N/A 1.45 N/A Brigden N/A N/A 1.15 N/A N/A N/A 1.45 N/A Palmerston N/A 2.51 1.26 2.28 N/A N/A 1.61 N/A Varna 2.55 1.90 1.20 N/A 2.55 2.00 1.45 N/A Mitchell 3.75 2.00 1.15 N/A 2.55 2.00 1.40 N/A Thornton 3.01 1.96 1.10 1.97 2.75 2.09 1.44 N/A North Gower N/A 0.75 1.15 1.12 N/A 0.95 1.35 0.87 W O Feed 2.00 TERMINAL Port Colbor N/A N/A 1.63 N/A N/A N/A 1.83 N/A PROCESSORS Toledo FM N/A N/A 2.20 N/A N/A N/A 2.47 N/A Toledo El. 7.55US 9.94CA 8.13US 10.70CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 785.52 DDG's FOB Srn & Aylm 280.00 - 310.00