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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, September 8

8 Sep 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, September 8 Exchange rate was 1.3096 down 0.0047 Chicago soybeans closed slightly higher. NOV22 HI 13.97 1/4 NOV23 HI 13.37 1/2 LOW 13.73 LOW 13.18 CLOSE13.86 Up 2 1/2 CLOSE 13.31 1/4 Up 1 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV22+NOV22+JAN23 CK Low 4.00 17.86 656.24 3.50 16.81 617.75 CK High 4.10 17.96 659.92 3.70 17.01 625.10 CK Average 4.07 -0.17 17.93 658.76 3.56 -0.43 16.88 620.06 Essex Cty 4.00 17.86 656.24 3.50 16.81 617.75 Mdsx Low 4.10 17.96 659.92 3.55 16.86 619.59 Mdsx High 4.13 17.99 661.02 3.59 16.90 621.06 Mdsx Average4.11 -0.14 17.97 660.28 3.56 -0.43 16.88 620.08 Hensall 4.10 17.96 659.92 3.55 16.86 619.59 Bruce 4.10 17.96 659.92 3.55 16.86 619.59 Putnam 4.10 17.96 659.92 3.55 16.86 619.59 Burford 4.19 18.05 663.22 3.65 16.96 623.27 Port Perry 4.07 17.93 658.81 3.53 16.84 618.86 Norfolk 4.10 17.96 659.92 3.55 16.86 619.59 Palmerston 4.03 17.89 657.34 N/A Varna 4.10 17.96 659.92 3.55 16.86 619.59 Trenton 4.10 17.96 659.92 3.55 16.86 619.59 Winchester 4.02 17.88 656.98 3.72 17.03 625.84 North Gower 4.05 17.91 658.08 3.45 16.76 615.92 Vankleek Hil3.92 17.78 653.30 3.51 16.82 618.12 Huron FOB N/A 4.05 4.12 3.90 N/A Kent FOB 4.10 17.96 659.92 3.55 16.86 619.59 Lambton FOB 4.20 18.06 663.59 N/A Mdsx FOB 4.71 4.29 4.29 N/A 18.57 682.33 N/A PROCESSORS Windsor 4.56 18.42 676.82 3.75 17.06 626.94 TRANSFER Hamilton 4.75 18.61 683.80 4.05 17.36 637.96 Prescott 4.71 18.57 682.33 3.92 17.23 633.19 Port Colborn4.76 18.62 684.17 3.93 17.24 633.55 Toledo El. -0.39 13.47 494.83 -0.59 12.72 467.50 Exchange rate was 1.3096 down 0.0047 Chicago wheat closed slightly to moderately lower. DEC22 HI 8.57 1/4 JUL23 HI 8.71 1/2 LOW 8.18 LOW 8.39 CLOSE 8.29 Down 15 1/4 CLOSE 8.49 1/2 Down 10 Minni wheat closed slightly lower. DEC22 HI 9.20 SEP23 HI 9.01 1/2 LOW 8.87 3/4 LOW 8.86 CLOSE 8.98 1/4 Down 1 3/4 CLOSE 8.91 1/2 Down 1 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 1.45 N/A London 3.14 1.95 1.13 N/A 2.80 2.14 1.48 N/A Hensall 3.75 N/A 1.15 N/A 2.55 N/A 1.45 N/A Trenton N/A N/A 0.90 N/A N/A N/A 1.45 N/A Bruce 2.00 1.70 1.15 1.00 2.00 1.90 1.45 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 1.45 N/A Port Hope N/A N/A 1.00 N/A N/A N/A 1.45 N/A Kent Bridge 3.75 N/A 1.15 N/A 2.55 N/A 1.45 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 1.84 1.19 1.92 N/A N/A 1.30 N/A Varna 3.00 2.00 1.15 N/A 2.55 2.00 1.45 N/A Mitchell 3.75 2.00 1.15 N/A 2.55 2.00 1.45 N/A Thornton 3.14 1.95 1.13 1.82 2.80 2.14 1.48 N/A North Gower N/A 0.80 1.20 1.17 N/A 1.00 1.40 0.92 W O Feed 1.89 TERMINAL Port Colbor N/A N/A 1.56 N/A N/A N/A 1.88 N/A PROCESSORS Toledo FM N/A N/A 2.30 N/A N/A N/A 2.50 N/A Toledo El. 7.94US 10.40CA 8.40US 10.99CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 734.26 DDG's FOB Srn & Aylm 280.00 - 310.00