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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, September 6
Exchange rate was 1.3524 up 0.0052
Chicago soybeans closed moderately lower.
NOV24 HI 10.31 1/4 NOV24 HI 10.31 1/4
LOW 10.03 1/2 LOW 10.03 1/2
CLOSE10.05 Down 18 1/2 CLOSE 10.05 Down 18 1/2
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +NOV24+NOV24+JAN25
CK Low 2.68 12.73 467.75 2.55 12.60 462.97
CK High 2.70 12.75 468.48 2.70 12.75 468.48
CK Average 2.70 -0.63 12.75 468.30 2.60 -0.70 12.65 464.81
Essex Cty N/A 2.60 12.65 464.81
Mdsx Low 2.66 12.71 467.01 2.55 12.60 462.97
Mdsx High 2.66 12.71 467.01 2.70 12.75 468.48
Mdsx Average2.66 -0.65 12.71 467.01 2.61 -0.69 12.66 465.08
Hensall 2.60 12.65 464.81 2.52 12.57 461.75
Bruce 2.60 12.65 464.81 2.50 12.55 461.13
Putnam N/A 2.70 12.75 468.48
Guelph N/A 2.61 12.66 465.18
Burford 2.72 12.77 469.22 2.64 12.69 466.28
Port Perry 2.56 12.61 463.34 2.48 12.53 460.40
Norfolk 2.70 12.75 468.48 2.60 12.65 464.81
Palmerston N/A 2.50 12.55 461.13
Varna 2.70 12.75 468.48 2.50 12.55 461.13
Trenton N/A 2.50 12.55 461.13
Winchester N/A 2.47 12.52 460.03
North Gower 2.60 12.65 464.81 2.30 12.35 453.78
Vankleek Hil2.48 12.53 460.40 2.48 12.53 460.40
Huron FOB N/A 2.50 2.50 2.64 2.50 12.55 461.13
Kent FOB 2.75 12.80 470.32 2.55 12.60 462.97
Lambton FOB 2.70 12.75 468.48 2.55 12.60 462.97
Mdsx FOB 2.68 2.72 2.72 2.71 12.73 467.75 2.72 12.77 469.22
PROCESSORS
Windsor 3.28 13.33 489.79 2.96 13.01 478.04
TRANSFER
Hamilton 3.20 13.25 486.85 3.10 13.15 483.18
Prescott N/A 2.92 12.97 476.57
Port Colborn3.19 13.24 486.49 3.26 13.31 489.06
Toledo El. -0.47 9.58 351.88 -0.95 9.10 334.49
Exchange rate was 1.3524 up 0.0052
Chicago wheat closed moderately lower.
DEC24 HI 5.80 JUL25 HI 6.17 1/2
LOW 5.65 3/4 LOW 6.02 1/4
CLOSE 5.67 Down 7 3/4 CLOSE 6.03 Down 9 1/4
Minni wheat closed moderately lower.
DEC24 HI 6.25 3/4 SEP25 HI 6.70 3/4
LOW 6.13 LOW 6.59 1/4
CLOSE 6.13 3/4 Down 12 CLOSE 6.59 1/4 Down 11 3/4
Direct MarkHarvest 2024 Harvest 2025
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 0.60 N/A N/A N/A 0.95 N/A
London 1.69 1.56 0.60 N/A 1.82 1.82 0.96 N/A
Hensall 1.50 1.50 0.60 1.00 1.65 1.80 0.95 N/A
Trenton N/A N/A 0.60 N/A N/A N/A 1.05 N/A
Bruce 1.40 1.40 0.60 0.85 1.65 1.75 0.95 1.10
Essex N/A N/A 0.60 N/A N/A N/A 0.95 N/A
Norwich 1.55 N/A 0.60 N/A 1.75 N/A 0.95 N/A
Winchester N/A N/A 1.00 N/A N/A N/A N/A N/A
Belmore 1.20 1.40 0.60 0.85 N/A 1.55 0.95 N/A
Kent Bridge 1.55 N/A 0.60 N/A 1.75 N/A 0.95 N/A
Chatham N/A N/A 0.60 N/A N/A N/A 0.95 N/A
Brigden N/A N/A 0.60 N/A N/A N/A 0.95 N/A
Palmerston 1.20 1.40 0.60 0.85 N/A 1.55 0.95 N/A
Varna 1.50 1.50 0.60 N/A 1.65 1.80 0.95 N/A
Mitchell 1.55 1.50 0.60 N/A 1.75 1.80 0.95 N/A
Thornton 1.69 1.56 0.60 1.17 1.82 1.82 0.96 N/A
North Gower N/A 0.65 0.95 0.69 N/A 0.97 1.27 0.62
W O Feed 1.51
TERMINAL
Port Colbor N/A N/A 1.22 N/A N/A N/A 1.41 N/A
PROCESSORS
Toledo FM N/A N/A 1.53 N/A N/A N/A N/A N/A
Toledo El. 5.43US 7.34CA 5.78US 7.82CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 636.93
DDG's FOB Aylm 215.00
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