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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, April 29

29 Apr 2021
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, April 29 Exchange rate was 1.2281 down 0.0034 Chicago soybeans closed slightly lower. JUL21 HI 15.26 1/4 NOV21 HI 13.31 1/2 LOW 15.00 LOW 13.14 1/4 CLOSE15.02 1/4 Down 11 1/2 CLOSE 13.18 3/4 Down 9 1/4 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 19.02 698.96 2.64 15.83 581.56 CK High 4.01 19.03 699.32 2.70 15.89 583.77 CK Average 4.00 0.47 19.02 699.02 2.69 -0.26 15.88 583.40 Essex Cty 4.00 19.02 698.96 2.65 15.84 581.93 Mdsx Low 3.99 19.01 698.59 2.62 15.81 580.83 Mdsx High 4.00 19.02 698.96 2.70 15.89 583.77 Mdsx Average4.00 0.46 19.02 698.77 2.66 -0.28 15.85 582.30 Hensall 4.00 19.02 698.96 2.70 15.89 583.77 Bruce 4.00 19.02 698.96 2.70 15.89 583.77 Putnam 4.00 19.02 698.96 2.70 15.89 583.77 Burford 4.06 19.08 701.16 2.69 15.88 583.40 Port Perry 4.01 19.03 699.32 2.64 15.83 581.56 Norfolk 4.00 19.02 698.96 2.70 15.89 583.77 Palmerston 4.06 19.08 701.16 2.84 16.03 588.91 Varna 4.00 19.02 698.96 2.70 15.89 583.77 Trenton 4.10 19.12 702.63 2.80 15.99 587.44 Winchester 3.70 18.72 687.93 2.70 15.89 583.77 North Gower 3.90 18.92 695.28 2.82 16.01 588.17 Vankleek Hil3.33 18.35 674.34 2.74 15.93 585.24 Huron FOB N/A 4.04 4.10 4.16 2.75 15.94 585.60 Kent FOB 4.05 19.07 700.79 2.70 15.89 583.77 Lambton FOB 4.20 19.22 706.31 2.80 15.99 587.44 Mdsx FOB N/A 4.12 4.12 N/A 2.75 15.94 585.60 PROCESSORS Windsor 4.07 19.09 701.53 2.89 16.08 590.75 TRANSFER Hamilton 4.40 19.42 713.65 3.15 16.34 600.30 Prescott N/A 2.88 16.07 590.38 Port Colborn3.98 19.00 698.22 3.22 16.41 602.87 Toledo El. 0.25 15.27 561.01 -0.43 12.76 468.76 Exchange rate was 1.2281 down 0.0034 Chicago wheat closed slightly to moderately higher. JUL21 HI 7.33 3/4 JUL21 HI 7.33 3/4 LOW 7.14 1/4 LOW 7.14 1/4 CLOSE 7.29 Up 6 1/4 CLOSE 7.29 Up 6 1/4 Minni wheat closed moderately higher. JUL21 HI 7.46 SEP21 HI 7.51 1/2 LOW 7.25 LOW 7.31 1/4 CLOSE 7.44 1/2 Up 12 1/2 CLOSE 7.50 Up 11 1/4 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 N/A N/A N/A N/A 1.05 N/A London 1.43 1.49 1.49 N/A 1.27 1.21 0.96 N/A Hensall N/A N/A N/A 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 1.55 1.65 1.55 1.60 1.25 1.25 1.05 1.40 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 1.05 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 1.05 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 1.58 1.35 N/A 1.15 1.02 1.28 Varna 1.55 1.65 1.55 N/A 1.25 1.25 1.05 N/A Mitchell N/A N/A N/A N/A 1.35 1.30 1.05 N/A Thornton 1.43 1.49 1.49 0.96 1.27 1.21 0.96 N/A North Gower N/A 1.20 1.35 0.90 N/A 0.66 0.88 0.80 W O Feed 2.31 TERMINAL Port Colbor N/A N/A 1.93 N/A N/A N/A 1.35 N/A PROCESSORS Toledo FM N/A N/A 1.90 N/A N/A N/A 1.79 N/A Toledo El. 7.39US 9.08CA 7.39US 9.08CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 601.87 DDG's FOB Srn & Aylm 320.00 - 330.00