FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, January 22
Exchange rate was 1.2723 up 0.0094
Chicago soybeans closed lower to sharply lower.
MAR21 HI 13.67 NOV21 HI 11.65
LOW 13.05 1/4 LOW 11.03 1/4
CLOSE13.11 3/4 Down 58 1/2 CLOSE 11.12 Down 56 1/2
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +MAR21+MAR21+MAY21
CK Low 3.19 16.31 599.20 2.57 13.69 503.02
CK High 3.20 16.32 599.57 2.65 13.77 505.96
CK Average 3.20 -0.29 16.32 599.50 2.62 -0.32 13.74 504.86
Essex Cty 3.20 16.32 599.57 2.60 13.72 504.12
Mdsx Low 3.17 16.29 598.46 2.55 13.67 502.29
Mdsx High 3.20 16.32 599.57 2.60 13.72 504.12
Mdsx Average3.19 -0.30 16.30 599.01 2.58 -0.36 13.70 503.21
Hensall 3.20 16.32 599.57 2.60 13.72 504.12
Bruce 3.20 16.32 599.57 2.60 13.72 504.12
Putnam 3.20 16.32 599.57 2.60 13.72 504.12
Burford 3.24 16.36 601.04 2.62 13.74 504.86
Port Perry 3.16 16.28 598.10 2.54 13.66 501.92
Norfolk 3.20 16.32 599.57 2.65 13.77 505.96
Palmerston 3.14 16.26 597.36 2.51 13.63 500.82
Varna 3.20 16.32 599.57 2.60 13.72 504.12
Trenton 3.20 16.32 599.57 2.60 13.72 504.12
Winchester 3.20 16.32 599.57 2.61 13.73 504.49
North Gower 3.35 16.47 605.08 2.73 13.85 508.90
Vankleek Hil3.13 16.25 596.99 2.58 13.70 503.39
Huron FOB 3.39 3.45 3.45 3.51 16.51 606.55 2.67 13.79 506.70
Kent FOB 3.20 16.32 599.57 2.65 13.77 505.96
Lambton FOB 3.25 16.37 601.40 2.80 13.92 511.47
Mdsx FOB 3.30 3.37 3.37 N/A 16.42 603.24 2.76 13.88 510.00
PROCESSORS
Windsor 3.53 16.65 611.69 2.80 13.92 511.47
TRANSFER
Hamilton 3.65 16.77 616.10 3.10 14.22 522.50
Prescott N/A 2.96 14.08 517.35
Port Colborn3.71 16.83 618.30 3.15 14.27 524.33
Toledo El. -0.13 12.99 477.31 -0.45 10.67 392.22
Exchange rate was 1.2723 up 0.0094
Chicago wheat closed lower to sharply lower.
MAR21 HI 6.59 JUL21 HI 6.45 1/2
LOW 6.33 LOW 6.22
CLOSE 6.34 1/2 Down 26 1/4 CLOSE 6.24 Down 23 3/4
Minni wheat closed lower.
MAR21 HI 6.34 1/2 SEP21 HI 6.51
LOW 6.11 LOW 6.31
CLOSE 6.12 1/2 Down 22 3/4 CLOSE 6.31 3/4 Down 21
Direct MarkHarvest 2020 Harvest 2021
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 1.05 N/A
London 1.35 1.29 1.22 N/A 1.25 1.25 1.00 N/A
Hensall 1.35 N/A 1.30 N/A 1.35 N/A 1.05 N/A
Trenton N/A N/A N/A N/A N/A N/A 1.10 N/A
Bruce 1.30 1.40 1.30 1.40 1.25 1.30 1.10 1.30
Essex N/A N/A 1.30 N/A N/A N/A 1.05 N/A
Norwich 1.35 N/A 1.30 N/A 1.35 N/A 1.05 N/A
Port Hope N/A N/A N/A N/A N/A N/A 1.10 N/A
Kent Bridge 1.35 N/A 1.30 N/A 1.35 N/A 1.05 N/A
Chatham N/A N/A 1.30 N/A N/A N/A 1.05 N/A
Brigden N/A N/A 1.30 N/A N/A N/A 1.05 N/A
Palmerston N/A 1.16 1.23 N/A N/A 1.26 1.07 N/A
Varna 1.30 1.35 1.30 N/A 1.25 1.25 1.05 N/A
Mitchell 1.35 1.45 1.30 N/A 1.35 1.30 1.05 N/A
Thornton N/A N/A N/A 1.13 N/A N/A N/A N/A
North Gower N/A 1.12 1.12 0.75 N/A 1.20 1.20 0.75
W O Feed 1.97
TERMINAL
Port Colbor N/A N/A 1.74 N/A N/A N/A 1.39 N/A
PROCESSORS
Toledo FM N/A N/A 1.73 N/A N/A N/A 1.70 N/A
Toledo El. 6.35US 8.07CA 6.19US 7.88CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 630.09
DDG's FOB Srn & Aylm 330.00 - 340.00
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