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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, April 28

28 Apr 2021
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, April 28 Exchange rate was 1.2315 down 0.0091 Chicago soybeans closed slightly to moderately lower. JUL21 HI 15.44 1/2 NOV21 HI 13.48 1/2 LOW 14.90 1/2 LOW 13.15 1/2 CLOSE15.13 3/4 Down 5 3/4 CLOSE 13.28 Down 14 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL21+JUL21+JUL21 CK Low 4.00 19.14 703.18 2.70 15.98 587.16 CK High 4.10 19.24 706.86 2.95 16.23 596.35 CK Average 4.08 0.47 19.22 706.05 2.81 -0.21 16.09 591.33 Essex Cty 4.00 19.14 703.18 2.65 15.93 585.33 Mdsx Low 4.07 19.21 705.75 2.76 16.04 589.37 Mdsx High 4.10 19.24 706.86 2.80 16.08 590.84 Mdsx Average4.09 0.47 19.22 706.31 2.78 -0.24 16.06 590.10 Hensall 4.10 19.24 706.86 2.90 16.18 594.51 Bruce 4.10 19.24 706.86 2.80 16.08 590.84 Putnam 4.10 19.24 706.86 2.80 16.08 590.84 Burford 4.14 19.28 708.33 2.83 16.11 591.94 Port Perry 4.09 19.23 706.49 2.78 16.06 590.10 Norfolk 4.00 19.14 703.18 2.70 15.98 587.16 Palmerston 4.23 19.37 711.63 2.80 16.08 590.84 Varna 4.10 19.24 706.86 2.95 16.23 596.35 Trenton 4.39 19.53 717.51 2.95 16.23 596.35 Winchester 3.91 19.05 699.88 2.95 16.23 596.35 North Gower 3.95 19.09 701.35 2.87 16.15 593.41 Vankleek Hil3.49 18.63 684.44 2.98 16.26 597.45 Huron FOB 4.14 4.17 4.23 4.29 19.28 708.33 3.00 16.28 598.19 Kent FOB 4.25 19.39 712.37 2.80 16.08 590.84 Lambton FOB 4.40 19.54 717.88 3.00 16.28 598.19 Mdsx FOB N/A 4.20 4.20 N/A 2.89 16.17 594.15 PROCESSORS Windsor 4.19 19.33 710.16 2.98 16.26 597.45 TRANSFER Hamilton 4.60 19.74 725.23 3.25 16.53 607.37 Prescott N/A 3.04 16.32 599.66 Port Colborn4.11 19.25 707.22 3.36 16.64 611.42 Toledo El. 0.25 15.38 565.26 -0.43 12.85 472.12 Exchange rate was 1.2315 down 0.0091 Chicago wheat closed moderately lower. JUL21 HI 7.41 1/4 JUL21 HI 7.41 1/4 LOW 7.11 1/2 LOW 7.11 1/2 CLOSE 7.22 3/4 Down 10 CLOSE 7.22 3/4 Down 10 Minni wheat closed lower. JUL21 HI 7.53 1/4 SEP21 HI 7.59 1/2 LOW 7.23 3/4 LOW 7.30 1/4 CLOSE 7.32 Down 15 1/4 CLOSE 7.38 3/4 Down 14 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 N/A N/A N/A N/A 1.10 N/A London 1.43 1.49 1.49 N/A 1.33 1.26 1.02 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 1.05 N/A Bruce 1.60 1.70 1.60 1.50 1.30 1.30 1.10 1.30 Essex N/A N/A 1.55 N/A N/A N/A 1.05 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 1.10 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 1.55 N/A N/A N/A 1.05 N/A Brigden N/A N/A 1.55 N/A N/A N/A 1.05 N/A Palmerston N/A N/A 1.55 1.37 N/A 1.18 1.06 1.32 Varna 1.55 1.65 1.55 N/A 1.30 1.30 1.10 N/A Mitchell N/A N/A N/A N/A 1.35 1.30 1.10 N/A Thornton 1.43 1.49 1.49 1.02 1.33 1.26 1.02 N/A North Gower N/A 1.20 1.35 0.90 N/A 0.70 0.93 0.82 W O Feed 2.37 TERMINAL Port Colbor N/A N/A 1.94 N/A N/A N/A 1.40 N/A PROCESSORS Toledo FM N/A N/A 1.83 N/A N/A N/A 1.80 N/A Toledo El. 7.33US 9.02CA 7.33US 9.02CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 600.55 DDG's FOB Srn & Aylm 320.00 - 330.00