FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, October 24
24 Oct 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, October 24 Exchange rate was 1.3734 up 0.0074 Chicago soybeans closed slightly to moderately lower. NOV22 HI 13.93 NOV23 HI 13.58 1/4 LOW 13.68 1/4 LOW 13.42 1/4 CLOSE13.72 Down 23 1/2 CLOSE 13.45 1/2 Down 15 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV22+JAN23+JAN23 CK Low 4.80 18.52 680.49 4.25 17.71 650.55 CK High 4.85 18.57 682.33 4.40 17.86 656.06 CK Average 4.84 -0.21 18.56 681.96 4.36 -0.48 17.81 654.54 Essex Cty 4.85 18.57 682.33 4.35 17.81 654.22 Mdsx Low 4.85 18.57 682.33 4.35 17.81 654.22 Mdsx High 4.87 18.59 683.07 4.40 17.86 656.06 Mdsx Average4.86 -0.20 18.58 682.51 4.39 -0.46 17.84 655.60 Hensall 4.88 18.60 683.56 4.40 17.86 656.06 Bruce 4.85 18.57 682.33 4.45 17.91 657.90 Putnam 4.85 18.57 682.33 4.40 17.86 656.06 Burford 4.94 18.66 685.64 4.42 17.88 656.79 Port Perry 4.78 18.50 679.76 4.26 17.72 650.91 Norfolk 4.85 18.57 682.33 4.40 17.86 656.06 Palmerston 4.86 18.58 682.70 N/A Varna 4.90 18.62 684.17 4.40 17.86 656.06 Trenton 4.80 18.52 680.49 4.40 17.86 656.06 Winchester 4.80 18.52 680.49 4.26 17.72 650.91 North Gower 4.80 18.52 680.49 4.35 17.81 654.22 Vankleek Hil4.62 18.34 673.88 4.24 17.70 650.18 Huron FOB 4.95 4.99 4.99 4.99 18.67 686.01 N/A Kent FOB 4.85 18.57 682.33 4.40 17.86 656.06 Lambton FOB 4.85 18.57 682.33 N/A Mdsx FOB 5.11 5.16 N/A N/A 18.83 691.88 N/A PROCESSORS Windsor 5.38 19.10 701.80 4.58 18.04 662.67 TRANSFER Hamilton 5.55 19.27 708.05 4.90 18.36 674.43 Prescott 5.25 18.97 697.03 4.70 18.16 667.08 Port Colborn5.55 19.27 708.05 4.76 18.22 669.29 Toledo El. -0.27 13.45 494.03 -0.62 12.84 471.68 Exchange rate was 1.3734 up 0.0074 Chicago wheat closed slightly to moderately lower. DEC22 HI 8.56 1/2 JUL23 HI 8.82 3/4 LOW 8.33 1/2 LOW 8.63 1/2 CLOSE 8.38 3/4 Down 12 CLOSE 8.67 Down 11 Minni wheat closed slightly lower. DEC22 HI 9.65 1/2 SEP23 HI 9.43 1/2 LOW 9.50 LOW 9.36 CLOSE 9.57 3/4 Down 3 3/4 CLOSE 9.42 1/2 Down 3 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 1.80 N/A N/A N/A 1.80 N/A London 3.62 2.24 1.63 N/A 3.31 2.21 1.67 N/A Hensall 4.70 N/A 1.80 N/A 3.20 N/A 1.70 N/A Trenton N/A N/A N/A N/A N/A N/A 1.75 N/A Bruce 2.80 2.30 1.80 1.15 2.75 2.30 1.75 1.00 Essex N/A N/A 1.80 N/A N/A N/A 1.85 N/A Norwich 4.70 N/A 1.80 N/A 3.20 N/A 1.70 N/A Port Hope N/A N/A 1.60 N/A N/A N/A 1.70 N/A Kent Bridge 4.70 N/A 1.80 N/A 3.20 N/A 1.70 N/A Chatham N/A N/A 1.80 N/A N/A N/A 1.85 N/A Brigden N/A N/A 1.80 N/A N/A N/A 1.85 N/A Palmerston N/A 2.59 1.77 2.41 N/A N/A N/A N/A Varna 4.30 2.65 1.80 N/A 3.05 2.40 1.85 N/A Mitchell 4.70 N/A 1.80 N/A 3.20 2.30 1.70 N/A Thornton 3.62 2.24 1.63 2.39 3.31 2.21 1.67 N/A North Gower N/A 1.15 1.55 1.47 N/A 1.40 1.80 1.47 W O Feed 2.41 TERMINAL Port Colbor N/A N/A 1.90 N/A N/A N/A 1.93 N/A PROCESSORS Toledo FM N/A N/A 3.13 N/A N/A N/A 3.10 N/A Toledo El. 8.09US 11.11CA 8.57US 11.77CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 694.14 DDG's FOB Aylm -