FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, October 26
Exchange rate was 1.2386 down 0.0002
Chicago soybeans closed narrowly mixed.
NOV21 HI 12.46 1/4 NOV22 HI 12.41 3/4
LOW 12.30 LOW 12.30 1/4
CLOSE12.38 Up 3/4 CLOSE 12.34 1/2 Up 1/2
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +NOV21+JAN22+JAN22
CK Low 2.50 14.88 546.75 2.14 14.49 532.23
CK High 2.58 14.96 549.69 2.25 14.60 536.27
CK Average 2.53 -0.34 14.91 547.95 2.20 -0.60 14.54 534.38
Essex Cty 2.50 14.88 546.75 2.15 14.50 532.60
Mdsx Low 2.55 14.93 548.58 2.18 14.53 533.70
Mdsx High 2.62 15.00 551.16 2.20 14.55 534.44
Mdsx Average2.59 -0.30 14.97 549.87 2.19 -0.61 14.54 534.07
Hensall 2.58 14.96 549.81 2.23 14.58 535.66
Bruce 2.55 14.93 548.58 2.25 14.60 536.27
Putnam 2.55 14.93 548.58 2.20 14.55 534.44
Burford 2.69 15.07 553.73 2.25 14.60 536.27
Port Perry 2.57 14.95 549.32 2.13 14.48 531.87
Norfolk 2.60 14.98 550.42 2.20 14.55 534.44
Palmerston 2.58 14.96 549.69 2.29 14.64 537.74
Varna 2.60 14.98 550.42 2.25 14.60 536.27
Trenton 2.55 14.93 548.58 2.20 14.55 534.44
Winchester 2.55 14.93 548.58 2.20 14.55 534.44
North Gower 2.55 14.93 548.58 2.40 14.75 541.79
Vankleek Hil2.60 14.98 550.42 2.48 14.83 544.73
Huron FOB 2.65 2.96 2.92 2.95 15.03 552.26 N/A
Kent FOB 2.65 15.03 552.26 2.20 14.55 534.44
Lambton FOB 2.80 15.18 557.77 2.30 14.65 538.11
Mdsx FOB 2.81 2.94 2.90 2.65 15.19 558.14 2.31 14.66 538.48
PROCESSORS
Windsor 3.14 15.52 570.26 2.52 14.87 546.20
TRANSFER
Hamilton 3.20 15.58 572.47 2.60 14.95 549.13
Prescott 2.93 15.31 562.55 2.67 15.02 551.71
Port Colborn3.29 15.67 575.77 2.72 15.07 553.54
Toledo El. -0.25 12.13 445.78 -0.50 11.85 435.40
Exchange rate was 1.2386 down 0.0002
Chicago wheat closed slightly lower.
DEC21 HI 7.65 JUL22 HI 7.67
LOW 7.47 1/2 LOW 7.52 3/4
CLOSE 7.52 1/4 Down 7 1/4 CLOSE 7.59 1/2 Down 3 3/4
Minni wheat closed slightly lower.
DEC21 HI 10.47 SEP22 HI 8.52 3/4
LOW 10.16 1/4 LOW 8.40 3/4
CLOSE 10.21 1/2 Down 5 1/2 CLOSE 8.44 Down 1/4
Direct MarkHarvest 2021 Harvest 2022
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 0.75 N/A N/A N/A 1.15 N/A
London 0.77 1.14 0.77 N/A 1.34 1.34 1.15 N/A
Hensall 0.75 N/A 0.75 N/A 1.80 N/A 1.25 N/A
Trenton N/A N/A N/A N/A N/A N/A 1.15 N/A
Bruce 0.75 N/A 0.75 N/A 1.70 1.45 1.15 1.05
Essex N/A N/A 0.80 N/A N/A N/A 1.15 N/A
Norwich 0.75 N/A 0.75 N/A 1.80 N/A 1.25 N/A
Port Hope N/A N/A 0.80 N/A N/A N/A 1.15 N/A
Kent Bridge 0.75 N/A 0.75 N/A 1.80 N/A 1.25 N/A
Chatham N/A N/A 0.80 N/A N/A N/A 1.20 N/A
Brigden N/A N/A 0.80 N/A N/A N/A 1.20 N/A
Palmerston N/A N/A N/A N/A N/A N/A 1.17 1.41
Varna 1.05 1.55 0.80 N/A 1.75 1.55 1.20 N/A
Mitchell 0.75 1.30 0.75 N/A 1.80 1.55 1.25 N/A
Thornton 0.77 1.14 0.77 0.37 1.34 1.34 1.15 N/A
North Gower N/A 0.55 0.95 1.02 N/A N/A 1.10 N/A
W O Feed 1.52
TERMINAL
Port Colbor N/A N/A 1.28 N/A N/A N/A 1.48 N/A
PROCESSORS
Toledo FM N/A N/A 1.92 N/A N/A N/A 1.94 N/A
Toledo El. 7.37US 9.13CA 7.55US 9.35CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 510.27
DDG's FOB Srn & Aylm 285.00
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