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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, August 26

26 Aug 2021
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, August 26 Exchange rate was 1.268 up 0.0080 Chicago soybeans closed slightly lower. NOV21 HI 13.31 1/2 NOV21 HI 13.31 1/2 LOW 13.18 LOW 13.18 CLOSE13.26 1/4 Down 6 1/2 CLOSE 13.26 1/4 Down 6 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV21+NOV21+NOV21 CK Low 3.95 17.21 632.45 2.79 16.05 589.83 CK High 4.10 17.36 637.96 2.95 16.21 595.71 CK Average 3.98 0.33 17.24 633.43 2.82 -0.58 16.09 591.05 Essex Cty 3.95 17.21 632.45 2.75 16.01 588.36 Mdsx Low 3.94 17.20 632.08 2.77 16.03 589.09 Mdsx High 3.95 17.21 632.45 2.80 16.06 590.20 Mdsx Average3.95 0.31 17.21 632.27 2.79 -0.61 16.05 589.64 Hensall 3.95 17.21 632.45 2.80 16.06 590.20 Bruce 4.20 17.46 641.64 2.95 16.21 595.71 Putnam 3.95 17.21 632.45 2.80 16.06 590.20 Burford 4.01 17.27 634.66 2.84 16.10 591.67 Port Perry 3.93 17.19 631.72 2.76 16.02 588.73 Norfolk 3.95 17.21 632.45 2.80 16.06 590.20 Palmerston 4.31 17.57 645.68 2.86 16.12 592.40 Varna 3.95 17.21 632.45 2.80 16.06 590.20 Trenton N/A 2.80 16.06 590.20 Winchester 3.72 16.98 624.00 2.90 16.16 593.87 North Gower 3.20 16.46 604.89 3.00 16.26 597.54 Vankleek Hil N/A 3.09 16.35 600.85 Huron FOB N/A 4.16 N/A N/A 2.85 16.11 592.03 Kent FOB 4.05 17.31 636.13 2.80 16.06 590.20 Lambton FOB 3.90 17.16 630.61 2.85 16.11 592.03 Mdsx FOB 4.00 N/A N/A N/A 17.26 634.29 2.86 16.12 592.40 PROCESSORS Windsor N/A 3.22 16.48 605.63 TRANSFER Hamilton 4.40 17.66 648.99 3.25 16.51 606.73 Prescott N/A 3.02 16.28 598.28 Port Colborn4.03 17.29 635.39 3.09 16.35 600.85 Toledo El. 0.00 13.26 487.31 -0.44 12.82 471.01 Exchange rate was 1.268 up 0.0080 Chicago wheat closed slightly to moderately higher. SEP21 HI 7.27 JUL22 HI 7.21 3/4 LOW 7.09 1/4 LOW 7.08 1/4 CLOSE 7.25 1/4 Up 14 CLOSE 7.20 1/2 Up 7 3/4 Minni wheat closed slightly higher. SEP21 HI 9.31 SEP22 HI 7.80 LOW 9.21 3/4 LOW 7.75 CLOSE 9.28 1/2 Up 3 1/4 CLOSE 7.80 Up 5 Direct MarkHarvest 2021 Harvest 2022 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 1.15 N/A London 1.18 1.12 0.80 N/A 1.29 1.23 1.17 N/A Hensall 0.80 N/A 0.80 N/A 1.65 N/A 1.15 N/A Trenton N/A N/A 0.90 N/A N/A N/A 1.15 N/A Bruce 0.85 1.35 0.85 1.05 1.50 1.40 1.15 1.05 Essex N/A N/A 0.75 N/A N/A N/A 1.15 N/A Norwich 0.80 N/A 0.80 N/A 1.65 N/A 1.15 N/A Port Hope N/A N/A 0.85 N/A N/A N/A 1.15 N/A Kent Bridge 0.80 N/A 0.80 N/A 1.65 N/A 1.15 N/A Chatham N/A N/A 0.80 N/A N/A N/A 1.15 N/A Brigden N/A N/A 0.80 N/A N/A N/A 1.15 N/A Palmerston N/A 1.49 0.85 1.59 N/A N/A 1.12 1.58 Varna 1.10 1.50 0.85 N/A 1.35 1.40 1.15 N/A Mitchell 0.80 1.35 0.80 N/A 1.65 1.40 1.15 N/A Thornton 1.18 1.12 0.86 1.17 1.29 1.23 1.17 N/A North Gower N/A 0.85 0.95 0.95 N/A N/A N/A N/A W O Feed 1.49 TERMINAL Port Colbor N/A N/A 1.38 N/A N/A N/A 1.49 N/A PROCESSORS Toledo FM N/A N/A 2.13 N/A N/A N/A 2.06 N/A Toledo El. 7.20US 9.13CA 7.16US 9.07CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 530.77 DDG's FOB Srn & Aylm 275.00 - 285.00