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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, November 5

5 Nov 2015
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, November 5 Bank of Canada Noon exchange rate was 1.3167 up 0.0003 Chicago soybeans closed moderately lower. JAN16 HI 8.85 1/2 NOV16 HI 8.89 3/4 LOW 8.63 1/4 LOW 8.73 CLOSE8.64 Down 20 CLOSE 8.74 Down 15 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+JAN1+JAN16 CK Low 2.15 10.79 396.461.72 10.46 384.34 CK High 2.20 10.84 398.301.85 10.59 389.12 CK Average 2.18 -0.5610.82 397.381.81 -0.9710.55 387.71 Essex Cty 2.20 10.84 398.301.85 10.59 389.12 Mdsx Low 2.13 10.77 395.731.70 10.44 383.60 Mdsx High 2.15 10.79 396.461.80 10.54 387.28 Mdsx Average 2.14 -0.6010.78 396.101.75 -1.0310.49 385.44 Hensall 2.18 10.82 397.381.80 10.54 387.28 Bruce 2.15 10.79 396.461.80 10.54 387.28 Putnam N/A 1.80 10.54 387.28 Burford 2.20 10.84 398.301.77 10.51 386.18 Port Perry 2.10 10.74 394.631.67 10.41 382.50 Norfolk 2.20 10.84 398.301.85 10.59 389.12 Palmerston 2.15 10.79 396.461.80 10.54 387.28 Varna 2.15 10.79 396.461.80 10.54 387.28 Trenton 2.15 10.79 396.461.70 10.44 383.60 Winchester 2.15 10.79 396.461.95 10.69 392.79 North Gower 2.17 10.81 397.202.01 10.75 394.99 Huron FOB 2.35 10.99 403.811.95 10.69 392.79 Kent FOB 2.20 10.84 398.301.85 10.59 389.12 Lambton FOB 2.20 10.84 398.301.85 10.59 389.12 Middlesex FOB2.34 2.41 N/A N/A 10.98 403.451.93 10.67 392.06 PROCESSORS Hamilton 2.68 2.75 2.75 N/A 11.32 415.942.31 11.05 406.02 Windsor N/A N/A N/A N/A N/A Winchester N/A N/A TRANSFER Hamilton N/A N/A Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC N/A N/A Toledo El. -0.37 8.27 303.92-0.50 8.24 302.73 Bank of Canada Noon exchange rate was 1.3167 up 0.0003 Chicago wheat closed slightly lower to steady. DEC15 HI 5.29 JUL16 HI 5.32 1/4 LOW 5.20 1/4 LOW 5.24 CLOSE 5.26 1/4 Unchanged CLOSE 5.27 1/2 Down 4 1/2 Minni wheat closed moderately lower. DEC15 HI 5.22 SEP16 HI 5.57 LOW 5.14 3/4 LOW 5.53 1/2 CLOSE 5.16 1/4 Down 8 CLOSE 5.53 1/2 Down 9 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 15 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 3.51 1.27 1.27 0.71 CAD $/bu 8.77 6.53 6.53 5.88 CAD $/tonne 322.32 240.08 240.08 215.89 Direct MarkHarvest 2015 Harvest 2016 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 0.75 N/A N/A 0.90 0.45 N/A London N/A N/A N/A N/A 1.32 0.93 0.40 N/A Hensall 3.50 N/A 1.00 N/A 1.25 N/A 0.40 N/A Trenton N/A N/A N/A N/A N/A N/A 0.40 N/A Winchester N/A N/A N/A N/A N/A N/A N/A N/A Essex N/A N/A 0.35 N/A N/A N/A 0.45 N/A Norwich 3.50 N/A 1.00 N/A 1.35 N/A 0.40 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge 3.50 N/A 0.35 N/A 1.35 N/A 0.40 N/A Chatham N/A 0.90 0.35 N/A N/A 0.95 0.45 N/A Brigden N/A N/A 0.35 N/A N/A N/A 0.45 N/A Palmerston N/A 0.90 1.00 0.45 N/A 1.00 0.45 0.30 Varna 3.50 0.90 1.00 N/A 1.25 0.90 0.40 N/A Mitchell 3.50 0.90 1.00 N/A 1.25 0.90 0.40 N/A Thornton N/A N/A N/A N/A N/A N/A N/A N/A North Gower N/A 1.43 1.17 0.64 N/A 1.11 0.73 0.96 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A N/A N/A N/A N/A N/A N/A Pt. Stanley N/A N/A N/A N/A N/A N/A N/A N/A PROCESSORS Toledo FM 4.30N/A 1.93N/A 2.67N/A 1.68N/A Toledo El. 5.43US 7.15CA 5.10US 6.72CA GFO Contract Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.68 1.35 0.82 1.04 CAD $/bu 6.95 6.62 6.10 6.57 CAD $/tonne 255.53 243.42 224.05 241.49 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat - Bayport Oats - Bayport Barley - FOB Hm Soymeal 468.93 DDG's FOB Srn & Aylm 180.00 - 195.00