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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, January 13

13 Jan 2021
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, January 13 Exchange rate was 1.2686 down 0.0030 Chicago soybeans closed mixed. MAR21 HI 14.36 1/2 NOV21 HI 11.86 LOW 14.03 1/4 LOW 11.72 CLOSE14.06 1/4 Down 12 CLOSE 11.76 Down 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 3.35 17.41 639.80 2.69 14.45 530.95 CK High 3.45 17.51 643.47 2.75 14.51 533.15 CK Average 3.41 -0.29 17.47 641.94 2.72 -0.34 14.48 531.87 Essex Cty 3.45 17.51 643.47 2.70 14.46 531.31 Mdsx Low 3.33 17.39 639.06 2.67 14.43 530.21 Mdsx High 3.40 17.46 641.64 2.70 14.46 531.31 Mdsx Average3.37 -0.33 17.43 640.35 2.69 -0.37 14.45 530.76 Hensall 3.40 17.46 641.64 2.70 14.46 531.31 Bruce 3.40 17.46 641.64 2.70 14.46 531.31 Putnam 3.40 17.46 641.64 2.70 14.46 531.31 Burford 3.40 17.46 641.64 2.74 14.50 532.78 Port Perry 3.32 17.38 638.70 2.66 14.42 529.84 Norfolk 3.45 17.51 643.47 2.75 14.51 533.15 Palmerston 3.27 17.33 636.86 2.58 14.34 526.90 Varna 3.40 17.46 641.64 2.70 14.46 531.31 Trenton 3.40 17.46 641.64 2.70 14.46 531.31 Winchester 3.55 17.61 647.15 2.70 14.46 531.31 North Gower 3.17 17.23 633.19 2.65 14.41 529.48 Vankleek Hil3.48 17.54 644.58 2.80 14.56 534.99 Huron FOB 3.66 3.72 3.72 3.78 17.72 651.19 2.79 14.55 534.62 Kent FOB 3.45 17.51 643.47 2.75 14.51 533.15 Lambton FOB 3.60 17.66 648.99 2.75 14.51 533.15 Mdsx FOB 3.53 3.59 3.65 N/A 17.59 646.41 2.80 14.56 534.99 PROCESSORS Windsor 3.78 17.84 655.60 2.91 14.67 539.03 TRANSFER Hamilton 3.90 17.96 660.01 3.20 14.96 549.69 Prescott N/A 3.11 14.87 546.38 Port Colborn3.94 18.00 661.48 3.21 14.97 550.05 Toledo El. -0.13 13.94 512.05 -0.44 11.32 415.80 Exchange rate was 1.2686 down 0.0030 Chicago wheat closed slightly lower. MAR21 HI 6.80 3/4 JUL21 HI 6.60 1/2 LOW 6.56 1/4 LOW 6.42 CLOSE 6.60 1/2 Down 4 1/2 CLOSE 6.47 1/2 Down 3 1/2 Minni wheat closed moderately higher. MAR21 HI 6.36 SEP21 HI 6.47 3/4 LOW 6.18 1/2 LOW 6.32 1/4 CLOSE 6.28 3/4 Up 8 CLOSE 6.42 1/4 Up 6 3/4 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 1.35 N/A N/A N/A 1.05 N/A London 1.43 1.37 1.37 N/A 1.32 1.32 1.13 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 1.35 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 1.35 N/A N/A N/A 1.05 N/A Brigden N/A N/A 1.35 N/A N/A N/A 1.05 N/A Palmerston N/A 1.20 1.20 N/A N/A 1.28 1.09 N/A Varna 1.35 1.40 1.35 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 1.31 N/A N/A N/A N/A North Gower N/A 1.07 1.07 0.65 N/A 1.15 1.15 0.75 W O Feed 2.02 TERMINAL Port Colbor N/A N/A 1.82 N/A N/A N/A 1.52 N/A PROCESSORS Toledo FM N/A N/A 1.90 N/A N/A N/A 1.86 N/A Toledo El. 6.61US 8.38CA 6.43US 8.15CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 663.71 DDG's FOB Srn & Aylm 330.00