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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, December 29

29 Dec 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, December 29 Exchange rate was 1.3536 down 0.0043 Chicago soybeans closed slightly higher. MAR23 HI 15.24 1/4 NOV23 HI 14.20 LOW 15.09 LOW 14.08 1/2 CLOSE15.16 1/4 Up 2 CLOSE 14.15 1/4 Up 3 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR23+MAR23+MAR23 CK Low 4.80 19.96 733.50 4.20 18.35 674.34 CK High 4.82 19.98 734.23 4.25 18.40 676.18 CK Average 4.80 -0.41 19.97 733.62 4.23 -0.58 18.38 675.26 Essex Cty 4.80 19.96 733.50 4.20 18.35 674.34 Mdsx Low 4.73 19.89 730.92 4.20 18.35 674.34 Mdsx High 4.86 20.02 735.70 4.29 18.44 677.65 Mdsx Average4.80 -0.42 19.96 733.40 4.24 -0.57 18.39 675.62 Hensall 4.73 19.90 731.05 4.17 18.32 673.11 Bruce 4.70 19.86 729.82 4.10 18.25 670.66 Putnam 4.80 19.96 733.50 4.20 18.35 674.34 Burford 4.93 20.09 738.27 4.36 18.51 680.22 Port Perry 4.77 19.93 732.39 4.20 18.35 674.34 Norfolk 4.80 19.96 733.50 4.25 18.40 676.18 Palmerston 4.72 19.88 730.56 N/A Varna 4.70 19.86 729.82 4.15 18.30 672.50 Trenton 4.73 19.89 730.92 4.30 18.45 678.01 Winchester 4.73 19.89 730.92 4.20 18.35 674.34 North Gower 4.63 19.79 727.25 4.35 18.50 679.85 Vankleek Hil5.28 20.44 751.13 4.19 18.34 673.97 Huron FOB N/A 4.92 5.12 5.19 N/A Kent FOB 5.05 20.21 742.68 4.25 18.40 676.18 Lambton FOB 5.12 20.28 745.25 N/A Mdsx FOB 5.05 5.26 N/A N/A 20.21 742.68 4.35 18.50 679.85 PROCESSORS Windsor 5.51 20.67 759.58 4.64 18.79 690.51 TRANSFER Hamilton 5.55 20.71 761.05 4.70 18.85 692.71 Prescott N/A 4.52 18.67 686.10 Port Colborn5.20 20.36 748.19 4.84 18.99 697.85 Toledo El. -0.27 14.89 547.18 -0.61 13.54 497.63 Exchange rate was 1.3536 down 0.0043 Chicago wheat closed slightly lower. MAR23 HI 7.86 1/2 JUL23 HI 7.96 1/4 LOW 7.65 1/2 LOW 7.77 CLOSE 7.74 Down 11 1/2 CLOSE 7.85 1/4 Down 11 Minni wheat closed moderately lower. MAR23 HI 9.33 SEP23 HI 8.98 1/2 LOW 9.12 LOW 8.82 1/4 CLOSE 9.14 Down 20 CLOSE 8.84 1/2 Down 12 3/4 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 1.30 N/A N/A N/A 1.40 N/A London 2.70 1.76 1.28 N/A 2.88 1.79 1.38 N/A Hensall 4.20 N/A 1.30 N/A 2.95 N/A 1.40 N/A Trenton N/A N/A N/A N/A N/A N/A 1.45 N/A Bruce 2.30 1.80 1.30 1.15 2.40 1.90 1.40 1.15 Essex N/A N/A 1.30 N/A N/A N/A 1.40 N/A Norwich 4.20 N/A 1.30 N/A 2.95 N/A 1.40 N/A Port Hope N/A N/A 1.30 N/A N/A N/A 1.40 N/A Kent Bridge 4.20 N/A 1.30 N/A 2.95 N/A 1.40 N/A Chatham N/A N/A 1.30 N/A N/A N/A 1.40 N/A Brigden N/A N/A 1.30 N/A N/A N/A 1.40 N/A Palmerston N/A N/A 0.98 2.19 N/A N/A N/A N/A Varna 4.20 2.25 1.40 N/A 2.70 1.95 1.40 N/A Mitchell 4.20 N/A 1.30 N/A 2.95 1.90 1.40 N/A Thornton 2.70 1.76 1.28 2.14 2.88 1.79 1.38 N/A North Gower N/A 1.00 1.40 1.47 N/A 1.25 1.65 1.37 W O Feed 2.29 TERMINAL Port Colbor N/A N/A 1.75 N/A N/A N/A 1.99 N/A PROCESSORS Toledo FM N/A N/A 2.80 N/A N/A N/A 2.64 N/A Toledo El. 7.54US 10.21CA 7.60US 10.29CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 733.16 DDG's FOB Aylm 360.00