News & Resources

FARM MARKET NEWS - SOYBEAN REPORT FOR Mon, September 12

12 Sep 2022
FARM MARKET NEWS - SOYBEAN REPORT FOR Mon, September 12 Exchange rate was 1.2990 down 0.0047 Chicago soybeans closed moderately higher to higher. NOV22HI14.90 1/4NOV23HI13.93 LOW14.02 1/4LOW13.41 CLOSE14.88 1/4 Up 76CLOSE13.91 Up 40 3/4 OLD CROPNEW CROP LocationBasis1mt2mt3mtU.S.$/bu$/mtBasisU.S.$/bu$/mt ELEVATORS+NOV22+NOV22+JAN23 CK Low3.8518.73688.303.3517.26634.20 CK High4.0018.88693.813.5017.41639.71 CK Average3.93-0.3818.81691.243.41-0.5817.32636.40 Essex Cty3.8518.73688.303.3517.26634.20 Mdsx Low3.9518.83691.983.4017.31636.03 Mdsx High4.0318.91694.923.5017.41639.71 Mdsx Average3.97-0.3718.85692.713.44-0.5517.35637.50 Hensall4.0018.88693.813.4717.38638.61 Bruce3.9518.83691.983.4517.36637.87 Putnam3.9518.83691.983.4017.31636.03 Burford4.0918.97697.123.5117.42640.08 Port Perry3.9018.78690.143.3217.23633.09 Norfolk3.9518.83691.983.4017.31636.03 Palmerston4.1819.06700.43N/A Varna3.9518.83691.983.4517.36637.87 Trenton3.9518.83691.983.4517.36637.87 Winchester3.8618.74688.673.4917.40639.34 North Gower4.0518.93695.653.4517.36637.87 Vankleek Hill3.8318.71687.573.2917.20631.99 Huron FOBN/A3.923.993.77N/A Kent FOB3.9518.83691.983.4017.31636.03 Lambton FOB4.2019.08701.16N/A Mdsx FOB4.584.174.17N/A19.46715.12N/A PROCESSORS Windsor4.5619.44714.393.7517.66648.89 TRANSFER Hamilton4.6019.48715.863.9017.81654.41 Prescott4.4019.28708.513.4017.31636.03 Port Colborne4.6319.51716.963.8017.71650.73 Toledo El.-0.3914.49532.51-0.5813.33489.79 Exchange rate was 1.2990 down 0.0047 Chicago wheat closed slightly to moderately lower. DEC22HI8.78JUL23HI8.92 LOW8.48 1/2LOW8.66 1/2 CLOSE8.58 3/4 Down 10 3/4CLOSE8.75 1/2 Down 8 1/2 Minni wheat closed slightly lower DEC22HI9.31 3/4SEP23HI9.19 3/4 LOW9.10LOW9.02 1/4 CLOSE9.26 1/2 Down 1CLOSE9.16 Down 1 Direct MarketHarvest 2022Harvest 2023 DELIVERED BASISDELIVERED BASIS LocationSWW(C)HRW(C)SRW(C)HRS(M)SWW(C)HRW(C)SRW(C)HRS(M) ELEVATORS BrgssvllN/AN/A1.15N/AN/AN/A1.45N/A London3.041.871.16N/A2.692.041.40N/A Hensall3.75N/A1.15N/A2.55N/A1.45N/A TrentonN/AN/A0.90N/AN/AN/A1.45N/A Bruce2.001.701.151.002.001.901.45N/A EssexN/AN/A1.15N/AN/AN/A1.40N/A Norwich3.75N/A1.15N/A2.55N/A1.45N/A Port HopeN/AN/A1.00N/AN/AN/A1.45N/A Kent Bridge3.75N/A1.15N/A2.55N/A1.45N/A ChathamN/AN/A1.15N/AN/AN/A1.45N/A BrigdenN/AN/A1.15N/AN/AN/A1.45N/A PalmerstonN/A1.911.201.91N/AN/A1.43N/A Varna3.002.001.15N/A2.552.001.45N/A Mitchell3.752.001.15N/A2.552.001.45N/A Thornton3.041.871.161.712.692.041.40N/A North GowerN/A0.801.201.17N/A1.001.400.92 W O Feed1.89 TERMINAL Port ColborneN/AN/A1.49N/AN/AN/A1.79N/A PROCESSORS Toledo FMN/AN/A2.31N/AN/AN/A2.49N/A Toledo El. Spot8.24US10.70CA8.66US11.24CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal768.08 DDG's FOB Srn & Aylm280.00 - 320.00