FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, November 16
16 Nov 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, November 16 Exchange rate was 1.3319 up 0.0029 Chicago soybeans closed slightly to moderately lower. JAN23 HI 14.55 NOV23 HI 13.95 3/4 LOW 14.23 1/4 LOW 13.76 1/2 CLOSE14.29 1/4 Down 28 CLOSE 13.79 Down 18 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN23+JAN23+MAR23 CK Low 4.34 18.63 684.63 3.75 17.54 644.48 CK High 4.45 18.74 688.67 3.85 17.64 648.16 CK Average 4.36 -0.29 18.66 685.47 3.80 -0.58 17.59 646.48 Essex Cty 4.35 18.64 684.99 3.75 17.54 644.48 Mdsx Low 4.35 18.64 684.99 3.80 17.59 646.32 Mdsx High 4.38 18.67 686.10 3.87 17.66 648.89 Mdsx Average4.36 -0.29 18.65 685.27 3.84 -0.55 17.63 647.88 Hensall 4.35 18.64 684.99 3.85 17.64 648.16 Bruce 4.35 18.64 684.99 3.85 17.64 648.16 Putnam 4.35 18.64 684.99 3.85 17.64 648.16 Burford 4.45 18.74 688.67 3.94 17.73 651.47 Port Perry 4.29 18.58 682.79 3.78 17.57 645.59 Norfolk 4.35 18.64 684.99 3.80 17.59 646.32 Palmerston 4.33 18.62 684.26 N/A Varna 4.35 18.64 684.99 3.85 17.64 648.16 Trenton 4.35 18.64 684.99 3.85 17.64 648.16 Winchester 4.55 18.84 692.34 4.05 17.84 655.51 North Gower 4.25 18.54 681.32 4.00 17.79 653.67 Vankleek Hil4.40 18.69 686.83 4.02 17.81 654.41 Huron FOB N/A 4.45 4.48 4.47 N/A Kent FOB 4.45 18.74 688.67 3.80 17.59 646.32 Lambton FOB 4.30 18.59 683.16 N/A Mdsx FOB 4.53 N/A N/A N/A 18.82 691.61 N/A PROCESSORS Windsor N/A 4.18 17.97 660.28 TRANSFER Hamilton 5.00 19.29 708.88 4.25 18.04 662.86 Prescott 4.67 18.96 696.75 4.13 17.92 658.45 Port Colborn5.06 19.35 711.08 4.28 18.07 663.96 Toledo El. -0.27 14.03 515.37 -0.60 13.19 484.67 Exchange rate was 1.3319 up 0.0029 Chicago wheat closed slightly lower. DEC22 HI 8.29 3/4 JUL23 HI 8.61 3/4 LOW 8.01 1/2 LOW 8.38 3/4 CLOSE 8.17 1/2 Down 10 3/4 CLOSE 8.51 Down 11 1/4 Minni wheat closed slightly lower. DEC22 HI 9.72 SEP23 HI 9.60 LOW 9.54 1/4 LOW 9.45 CLOSE 9.65 1/2 Down 8 1/2 CLOSE 9.55 1/2 Down 7 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 1.45 N/A N/A N/A 1.45 N/A London 3.11 1.91 1.51 N/A 2.83 1.77 1.43 N/A Hensall 4.30 N/A 1.45 N/A 2.95 N/A 1.40 N/A Trenton N/A N/A N/A N/A N/A N/A 1.50 N/A Bruce 2.45 1.95 1.45 1.15 2.40 1.90 1.40 1.15 Essex N/A N/A 1.45 N/A N/A N/A 1.35 N/A Norwich 4.30 N/A 1.45 N/A 2.95 N/A 1.40 N/A Port Hope N/A N/A 1.45 N/A N/A N/A 1.45 N/A Kent Bridge 4.30 N/A 1.45 N/A 2.95 N/A 1.40 N/A Chatham N/A N/A 1.45 N/A N/A N/A 1.35 N/A Brigden N/A N/A 1.45 N/A N/A N/A 1.35 N/A Palmerston N/A 2.14 1.34 2.05 N/A N/A N/A N/A Varna 4.25 2.30 1.45 N/A 2.70 1.95 1.40 N/A Mitchell 4.30 N/A 1.45 N/A 2.95 1.95 1.40 N/A Thornton 3.11 1.91 1.51 2.02 2.83 1.77 1.43 N/A North Gower N/A 0.95 1.35 1.22 N/A 1.10 1.50 1.17 W O Feed 2.11 TERMINAL Port Colbor N/A N/A 1.65 N/A N/A N/A 1.90 N/A PROCESSORS Toledo FM N/A N/A 2.65 N/A N/A N/A 2.69 N/A Toledo El. 7.88US 10.49CA 8.26US 11.00CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 668.67 DDG's FOB Aylm 360.00