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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, April 26

26 Apr 2021
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, April 26 Exchange rate was 1.2408 down 0.0067 Chicago soybeans closed moderately higher to higher. MAY21 HI 15.73 NOV21 HI 13.64 3/4 LOW 15.40 1/2 LOW 13.38 1/2 CLOSE15.69 Up 29 1/4 CLOSE 13.62 Up 20 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAY21+JUL21+JUL21 CK Low 3.95 19.64 721.65 2.85 16.47 605.17 CK High 4.00 19.69 723.48 2.90 16.52 607.01 CK Average 3.97 0.15 19.66 722.26 2.89 -0.31 16.51 606.70 Essex Cty 3.95 19.64 721.65 2.85 16.47 605.17 Mdsx Low 3.93 19.62 720.91 2.88 16.50 606.27 Mdsx High 4.00 19.69 723.48 2.90 16.52 607.01 Mdsx Average3.97 0.15 19.66 722.20 2.89 -0.31 16.51 606.64 Hensall 3.93 19.62 721.03 2.93 16.55 608.23 Bruce 3.90 19.59 719.81 2.95 16.57 608.84 Putnam 4.00 19.69 723.48 2.90 16.52 607.01 Burford 4.00 19.69 723.48 2.95 16.57 608.84 Port Perry 3.92 19.61 720.54 2.87 16.49 605.90 Norfolk 3.95 19.64 721.65 2.90 16.52 607.01 Palmerston 3.77 19.46 715.03 2.90 16.52 607.01 Varna 3.90 19.59 719.81 2.95 16.57 608.84 Trenton 3.90 19.59 719.81 2.90 16.52 607.01 Winchester 3.80 19.49 716.13 2.90 16.52 607.01 North Gower 3.60 19.29 708.79 2.80 16.42 603.33 Vankleek Hil3.65 19.34 710.62 2.91 16.53 607.37 Huron FOB 4.05 4.15 3.90 3.90 19.74 725.32 3.00 16.62 610.68 Kent FOB 4.15 19.84 729.00 2.90 16.52 607.01 Lambton FOB 4.10 19.79 727.16 3.00 16.62 610.68 Mdsx FOB N/A 4.18 4.18 N/A 3.07 16.69 613.25 PROCESSORS Windsor 4.33 20.02 735.61 3.14 16.76 615.82 TRANSFER Hamilton 4.60 20.29 745.53 3.35 16.97 623.54 Prescott N/A 3.16 16.78 616.56 Port Colborn4.03 19.72 724.59 3.47 17.09 627.95 Toledo El. -0.12 15.57 571.95 -0.43 13.19 484.49 Exchange rate was 1.2408 down 0.0067 Chicago wheat closed higher to sharply higher. MAY21 HI 7.45 1/4 JUL21 HI 7.46 LOW 7.12 3/4 LOW 7.14 3/4 CLOSE 7.39 1/2 Up 29 1/4 CLOSE 7.39 1/2 Up 27 1/4 Minni wheat closed higher. MAY21 HI 7.51 SEP21 HI 7.64 1/2 LOW 7.20 LOW 7.31 1/2 CLOSE 7.41 3/4 Up 23 1/4 CLOSE 7.54 1/2 Up 23 1/2 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 1.50 N/A N/A N/A 1.10 N/A London 1.47 1.53 1.53 N/A 1.41 1.35 1.16 N/A Hensall N/A N/A N/A N/A 1.35 N/A 1.10 N/A Trenton N/A N/A N/A N/A N/A N/A 1.10 N/A Bruce 1.50 1.60 1.50 1.50 1.25 1.25 1.05 1.30 Essex N/A N/A 1.50 N/A N/A N/A 1.10 N/A Norwich N/A N/A N/A N/A 1.35 N/A 1.10 N/A Port Hope N/A N/A N/A N/A N/A N/A 1.05 N/A Kent Bridge N/A N/A N/A N/A 1.35 N/A 1.10 N/A Chatham N/A N/A N/A N/A N/A N/A 1.10 N/A Brigden N/A N/A 1.50 N/A N/A N/A 1.10 N/A Palmerston N/A N/A 1.59 1.72 N/A 1.52 1.21 1.57 Varna 1.60 1.70 1.60 N/A 1.25 1.25 1.05 N/A Mitchell N/A N/A N/A N/A 1.35 1.30 1.10 N/A Thornton 1.47 1.53 1.53 1.14 1.41 1.35 1.16 N/A North Gower N/A 1.20 1.35 0.90 N/A 0.73 0.89 0.84 W O Feed 2.34 TERMINAL Port Colbor N/A N/A 1.98 N/A N/A N/A 1.49 N/A PROCESSORS Toledo FM N/A N/A 1.90 N/A N/A N/A 1.90 N/A Toledo El. 7.50US 9.30CA 7.50US 9.30CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 611.24 DDG's FOB Srn & Aylm 300.00 - 305.00