FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, December 30
30 Dec 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, December 30 Exchange rate was 1.3534 down 0.0002 Chicago soybeans closed mixed. MAR23 HI 15.37 1/2 NOV23 HI 14.27 3/4 LOW 15.14 1/4 LOW 14.11 1/4 CLOSE15.24 Up 7 3/4 CLOSE 14.16 3/4 Up 1 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR23+MAR23+MAY23 CK Low 4.80 20.04 736.34 4.20 18.37 674.89 CK High 4.85 20.09 738.18 4.30 18.47 678.56 CK Average 4.81 -0.42 20.05 736.77 4.23 -0.57 18.40 676.05 Essex Cty 4.80 20.04 736.34 4.20 18.37 674.89 Mdsx Low 4.80 20.04 736.34 4.20 18.37 674.89 Mdsx High 4.86 20.10 738.55 4.28 18.45 677.83 Mdsx Average4.82 -0.42 20.06 736.90 4.23 -0.57 18.40 676.08 Hensall 4.80 20.04 736.34 4.20 18.37 674.89 Bruce 4.80 20.04 736.34 4.20 18.37 674.89 Putnam 4.80 20.04 736.34 4.20 18.37 674.89 Burford 4.93 20.17 741.12 4.35 18.52 680.40 Port Perry 4.77 20.01 735.24 4.19 18.36 674.52 Norfolk 4.80 20.04 736.34 4.25 18.42 676.73 Palmerston 4.77 20.01 735.24 N/A Varna 4.70 19.94 732.67 4.15 18.32 673.05 Trenton 4.70 19.94 732.67 4.05 18.22 669.38 Winchester 4.75 19.99 734.51 4.20 18.37 674.89 North Gower 4.62 19.86 729.73 4.40 18.57 682.24 Vankleek Hil5.28 20.52 753.98 4.19 18.36 674.52 Huron FOB 4.95 5.12 5.19 N/A 20.19 741.86 N/A Kent FOB 5.15 20.39 749.20 4.25 18.42 676.73 Lambton FOB 4.95 20.19 741.86 N/A Mdsx FOB 5.25 N/A N/A N/A 20.49 752.88 4.34 18.51 680.03 PROCESSORS Windsor 5.53 20.77 763.17 4.64 18.81 691.06 TRANSFER Hamilton 5.60 20.84 765.74 4.70 18.87 693.26 Prescott N/A 4.52 18.69 686.65 Port Colborn5.20 20.44 751.04 4.83 19.00 698.04 Toledo El. -0.27 14.97 550.03 -0.61 13.56 498.19 Exchange rate was 1.3534 down 0.0002 Chicago wheat closed moderately higher. MAR23 HI 7.99 JUL23 HI 8.08 1/4 LOW 7.71 1/2 LOW 7.82 CLOSE 7.92 Up 18 CLOSE 8.03 Up 17 3/4 Minni wheat closed moderately higher to higher. MAR23 HI 9.40 SEP23 HI 9.00 LOW 9.12 LOW 8.83 1/4 CLOSE 9.38 3/4 Up 24 3/4 CLOSE 8.98 1/2 Up 14 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 2.67 1.72 1.24 N/A 2.84 1.75 1.35 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 1.06 2.22 N/A N/A N/A N/A Varna 4.15 2.15 1.35 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 2.67 1.72 1.24 2.08 2.84 1.75 1.35 N/A North Gower N/A 1.00 1.40 1.47 N/A 1.25 1.65 1.37 W O Feed 2.37 TERMINAL Port Colbor N/A N/A 1.72 N/A N/A N/A 1.95 N/A PROCESSORS Toledo FM N/A N/A 2.87 N/A N/A N/A 2.70 N/A Toledo El. 7.72US 10.45CA 7.78US 10.53CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 749.03 DDG's FOB Aylm 360.00