News & Resources

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, September 14

14 Sep 2018
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, September 14 Exchange rate was 1.3012 up 0.0042 Chicago soybeans closed narrowly mixed. NOV18 HI 8.38 NOV19 HI 8.94 3/4 LOW 8.29 1/2 LOW 8.89 3/4 CLOSE8.30 1/2 Down 2 3/4 CLOSE 8.91 3/4 Up 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +NOV1+NOV1+JAN19 CK Low 2.45 10.76 395.181.81 10.73 394.17 CK High 2.55 10.86 398.851.90 10.82 397.48 CK Average 2.53 0.02 10.83 397.931.86 -0.6110.78 396.01 Essex Cty 2.40 10.71 393.341.90 10.82 397.48 Mdsx Low 2.53 10.84 398.121.84 10.76 395.27 Mdsx High 2.55 10.86 398.851.85 10.77 395.64 Mdsx Average 2.54 0.03 10.85 398.491.85 -0.6210.76 395.45 Hensall 2.55 10.86 398.851.85 10.77 395.64 Bruce 2.65 10.96 402.531.95 10.87 399.31 Putnam 2.55 10.86 398.851.85 10.77 395.64 Burford 2.57 10.88 399.591.88 10.80 396.74 Port Perry 2.50 10.81 397.021.81 10.73 394.17 Norfolk 2.55 10.86 398.851.85 10.77 395.64 Palmerston 2.50 10.81 397.021.95 10.87 399.31 Varna 2.55 10.86 398.851.85 10.77 395.64 Trenton 2.55 10.86 398.851.85 10.77 395.64 Winchester 2.54 10.85 398.49 N/A North Gower 2.70 11.01 404.362.00 10.92 401.15 Huron FOB 2.65 10.96 402.531.95 10.87 399.31 Kent FOB 2.45 10.76 395.181.85 10.77 395.64 Lambton FOB 2.50 10.81 397.022.00 10.92 401.15 Middlesex FOB2.52 2.59 2.72 2.80 10.83 397.752.01 10.93 401.52 PROCESSORS Windsor 2.51 10.82 397.38 N/A TRANSFER Hamilton 2.85 11.16 409.882.15 11.07 406.66 Prescott 2.79 11.10 407.672.34 11.26 413.64 Toledo El. -0.65 7.65 281.25 N/A Exchange rate was 1.3012 up 0.0042 Chicago wheat closed moderately higher to higher. DEC18 HI 5.14 1/4 JUL19 HI 5.51 3/4 LOW 4.96 LOW 5.37 1/4 CLOSE 5.11 1/2 Up 14 1/2 CLOSE 5.50 1/4 Up 12 Minni wheat closed moderately higher. DEC18 HI 5.75 SEP19 HI 6.09 1/2 LOW 5.66 1/4 LOW 6.05 1/4 CLOSE 5.72 1/4 Up 10 1/4 CLOSE 6.09 1/2 Up 7 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.09 1.28 1.09 0.55 CAD $/bu 6.20 6.40 6.20 6.28 CAD $/tonne 227.83 235.00 227.83 230.57 Direct MarkHarvest 2018 Harvest 2019 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 0.80 N/A N/A N/A 0.95 N/A London 0.91 0.98 0.78 N/A 1.15 1.22 0.89 N/A Hensall 0.90 N/A 0.80 N/A 1.15 N/A 0.95 N/A Trenton N/A N/A 0.70 N/A N/A N/A 0.90 N/A Bruce 0.85 1.15 0.80 0.40 1.15 1.30 0.95 0.65 Essex N/A N/A N/A N/A N/A N/A 0.96 N/A Norwich 0.90 N/A 0.80 N/A 1.15 N/A 0.95 N/A Port Hope N/A 1.00 0.80 N/A N/A 1.20 0.95 N/A Kent Bridge 0.90 N/A 0.80 N/A 1.15 N/A 0.95 N/A Chatham N/A N/A 0.75 N/A N/A N/A 0.90 N/A Brigden N/A N/A 0.75 N/A N/A N/A 0.90 N/A Palmerston N/A 1.15 0.95 0.55 N/A 1.10 1.05 N/A Varna 1.00 1.20 0.80 N/A 1.15 1.30 0.95 N/A Mitchell 0.90 1.05 0.80 N/A 1.15 1.25 0.95 N/A Thornton N/A N/A N/A 0.05 N/A N/A N/A N/A North Gower N/A 1.10 0.90 0.45 N/A 1.20 1.10 0.30 W O Feed 1.48 PROCESSORS Toledo FM N/A N/A 1.48 N/A N/A N/A 1.77 N/A Toledo El. 4.97US 6.46CA 5.35US 6.94CA GFO Contract Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.18 1.25 1.18 0.45 CAD $/bu 6.68 6.75 6.68 6.55 CAD $/tonne 245.62 248.00 245.62 240.49 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 491.42 DDG's FOB Srn & Aylm 220.00 - 225.00