FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, October 18
Exchange rate was 1.2381 down 0.0008
Chicago soybeans closed slightly higher.
NOV21 HI 12.25 1/4 NOV22 HI 12.27 1/2
LOW 12.10 LOW 12.12 1/4
CLOSE12.21 1/2 Up 3 3/4 CLOSE 12.24 1/2 Up 2 1/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +NOV21+JAN22+JAN22
CK Low 2.35 14.57 535.17 2.15 14.40 528.93
CK High 2.55 14.77 542.52 2.30 14.55 534.44
CK Average 2.43 -0.39 14.64 538.06 2.21 -0.57 14.46 531.29
Essex Cty 2.35 14.57 535.17 2.15 14.40 528.93
Mdsx Low 2.45 14.67 538.85 2.20 14.45 530.76
Mdsx High 2.49 14.71 540.32 2.29 14.54 534.07
Mdsx Average2.47 -0.35 14.69 539.58 2.25 -0.54 14.49 532.42
Hensall 2.48 14.70 540.07 2.23 14.48 531.99
Bruce 2.40 14.62 537.01 2.20 14.45 530.76
Putnam 2.45 14.67 538.85 2.20 14.45 530.76
Burford 2.56 14.78 542.89 2.36 14.61 536.64
Port Perry 2.45 14.67 538.85 2.25 14.50 532.60
Norfolk 2.50 14.72 540.68 2.20 14.45 530.76
Palmerston 2.47 14.69 539.58 2.20 14.45 530.76
Varna 2.50 14.72 540.68 2.25 14.50 532.60
Trenton 2.45 14.67 538.85 2.20 14.45 530.76
Winchester 2.65 14.87 546.20 2.40 14.65 538.11
North Gower 2.60 14.82 544.36 2.40 14.65 538.11
Vankleek Hil2.78 15.00 550.97 2.47 14.72 540.68
Huron FOB 2.55 2.81 2.79 2.58 14.77 542.52 N/A
Kent FOB 2.55 14.77 542.52 2.20 14.45 530.76
Lambton FOB 2.70 14.92 548.03 2.30 14.55 534.44
Mdsx FOB 2.73 2.79 2.74 2.37 14.95 549.13 2.29 14.54 534.07
PROCESSORS
Windsor 2.82 15.04 552.44 2.47 14.72 540.68
TRANSFER
Hamilton 3.10 15.32 562.73 2.60 14.85 545.46
Prescott 2.78 15.00 550.97 2.58 14.83 544.73
Port Colborn3.19 15.41 566.04 2.64 14.89 546.93
Toledo El. -0.25 11.97 439.73 -0.50 11.75 431.73
Exchange rate was 1.2381 down 0.0008
Chicago wheat closed narrowly mixed.
DEC21 HI 7.38 3/4 JUL22 HI 7.42 1/2
LOW 7.28 1/2 LOW 7.33 1/2
CLOSE 7.36 1/4 Up 2 1/4 CLOSE 7.40 Up 1 3/4
Minni wheat closed narrowly mixed.
DEC21 HI 9.72 SEP22 HI 8.30
LOW 9.63 LOW 8.25 1/4
CLOSE 9.67 3/4 Down 1 CLOSE 8.29 1/4 Up 1 1/2
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 0.74 1.11 0.67 N/A 1.18 1.24 1.05 N/A
Hensall 0.80 N/A 0.75 N/A 1.70 N/A 1.15 N/A
Trenton N/A N/A N/A N/A N/A N/A 1.15 N/A
Bruce 0.80 N/A 0.75 N/A 1.70 1.45 1.15 1.05
Essex N/A N/A 0.75 N/A N/A N/A 1.15 N/A
Norwich 0.80 N/A 0.75 N/A 1.70 N/A 1.15 N/A
Port Hope N/A N/A 0.80 N/A N/A N/A 1.15 N/A
Kent Bridge 0.80 N/A 0.75 N/A 1.70 N/A 1.15 N/A
Chatham N/A N/A 0.75 N/A N/A N/A 1.15 N/A
Brigden N/A N/A 0.75 N/A N/A N/A 1.15 N/A
Palmerston N/A N/A N/A N/A N/A N/A 1.11 1.36
Varna 1.00 1.60 0.75 N/A 1.45 1.50 1.15 N/A
Mitchell 0.80 1.35 0.75 N/A 1.70 1.45 1.15 N/A
Thornton 0.74 1.10 0.67 0.72 1.18 1.24 1.05 N/A
North Gower N/A 0.55 0.95 1.02 N/A N/A 1.12 N/A
W O Feed 1.30
TERMINAL
Port Colbor N/A N/A 1.24 N/A N/A N/A 1.38 N/A
PROCESSORS
Toledo FM N/A N/A 1.75 N/A N/A N/A 1.89 N/A
Toledo El. 7.21US 8.93CA 7.35US 9.10CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 486.02
DDG's FOB Srn & Aylm 280.00
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