FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, November 29
29 Nov 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, November 29 Exchange rate was 1.3557 up 0.0074 Chicago soybeans closed slightly higher. JAN23 HI 14.68 1/2 NOV23 HI 14.00 LOW 14.49 LOW 13.87 1/2 CLOSE14.59 1/2 Up 2 1/4 CLOSE 13.96 Up 1 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN23+JAN23+MAR23 CK Low 4.70 19.30 708.97 3.95 17.91 658.08 CK High 4.75 19.35 710.81 4.25 18.21 669.10 CK Average 4.73 -0.34 19.32 710.02 4.12 -0.63 18.08 664.17 Essex Cty 4.75 19.35 710.81 4.10 18.06 663.59 Mdsx Low 4.50 19.10 701.62 4.00 17.96 659.92 Mdsx High 4.79 19.39 712.28 4.20 18.16 667.27 Mdsx Average4.69 -0.37 19.28 708.42 4.11 -0.63 18.07 664.05 Hensall 4.70 19.30 708.97 4.10 18.06 663.59 Bruce 4.70 19.30 708.97 4.10 18.06 663.59 Putnam 4.70 19.30 708.97 4.10 18.06 663.59 Burford 4.86 19.46 714.85 4.27 18.23 669.84 Port Perry 4.70 19.30 708.97 4.11 18.07 663.96 Norfolk 4.75 19.35 710.81 4.15 18.11 665.43 Palmerston 4.78 19.38 711.91 N/A Varna 4.70 19.30 708.97 4.10 18.06 663.59 Trenton 4.50 19.10 701.62 4.05 18.01 661.75 Winchester 4.63 19.23 706.40 3.90 17.86 656.24 North Gower 4.35 18.95 696.11 4.00 17.96 659.92 Vankleek Hil4.53 19.13 702.72 4.10 18.06 663.59 Huron FOB N/A 4.88 4.97 4.96 N/A Kent FOB 4.85 19.45 714.48 4.15 18.11 665.43 Lambton FOB 4.35 18.95 696.11 N/A Mdsx FOB 4.85 N/A N/A N/A 19.45 714.48 N/A PROCESSORS Windsor N/A 4.66 18.62 684.17 TRANSFER Hamilton 5.45 20.05 736.53 4.60 18.56 681.96 Prescott 4.80 19.40 712.64 4.23 18.19 668.37 Port Colborn5.38 19.98 733.96 4.66 18.62 684.17 Toledo El. -0.27 14.32 526.31 -0.61 13.35 490.53 Exchange rate was 1.3557 up 0.0074 Chicago wheat closed narrowly mixed. DEC22 HI 7.69 JUL23 HI 8.05 1/2 LOW 7.53 3/4 LOW 7.93 1/4 CLOSE 7.57 3/4 Up 1 CLOSE 7.97 Down 1/4 Minni wheat closed slightly lower. DEC22 HI 9.60 1/4 SEP23 HI 9.11 3/4 LOW 9.37 LOW 9.05 CLOSE 9.40 1/4 Down 11 CLOSE 9.07 Down 2 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 1.44 N/A N/A N/A 1.40 N/A London 3.15 1.93 1.46 N/A 2.89 1.81 1.40 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 2.44 1.94 1.44 1.09 2.45 1.95 1.45 1.15 Essex N/A N/A 1.44 N/A N/A N/A 1.40 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 1.40 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 1.44 N/A N/A N/A 1.40 N/A Brigden N/A N/A 1.44 N/A N/A N/A 1.40 N/A Palmerston N/A 2.17 1.35 2.23 N/A N/A N/A N/A Varna 4.24 2.29 1.44 N/A 2.75 2.00 1.45 N/A Mitchell 4.30 N/A 1.45 N/A 2.95 1.95 1.40 N/A Thornton 3.15 1.93 1.46 2.23 2.89 1.81 1.40 N/A North Gower N/A 0.99 1.39 1.26 N/A 1.10 1.50 1.17 W O Feed 2.41 TERMINAL Port Colbor N/A N/A 1.66 N/A N/A N/A 1.94 N/A PROCESSORS Toledo FM N/A N/A 2.63 N/A N/A N/A 2.70 N/A Toledo El. 7.42US 10.06CA 7.72US 10.47CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 670.77 DDG's FOB Aylm 360.00