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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, September 19

19 Sep 2019
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, September 19 Exchange rate was 1.3234 down 0.0049 Chicago soybeans closed mixed. NOV19 HI 8.95 NOV20 HI 9.51 LOW 8.86 1/4 LOW 9.45 CLOSE8.93 Up 4 1/4 CLOSE 9.47 1/4 Down 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +NOV1+NOV1+JAN20 CK Low 2.04 10.97 403.081.95 11.42 419.71 CK High 2.15 11.08 407.122.05 11.52 423.38 CK Average 2.11 -0.5911.04 405.532.00 -0.8011.47 421.42 Essex Cty 2.10 11.03 405.281.95 11.42 419.71 Mdsx Low 1.99 10.92 401.241.93 11.40 418.97 Mdsx High 2.15 11.08 407.122.05 11.52 423.38 Mdsx Average 2.07 -0.6211.00 404.181.99 -0.8011.46 421.17 Hensall 2.13 11.06 406.201.98 11.45 420.62 Bruce 2.10 11.03 405.281.90 11.37 417.87 Putnam 2.15 11.08 407.122.05 11.52 423.38 Burford 2.04 10.97 403.081.98 11.45 420.81 Port Perry 2.01 10.94 401.981.95 11.42 419.71 Norfolk 2.10 11.03 405.281.95 11.42 419.71 Palmerston 1.96 10.89 400.141.97 11.44 420.44 Varna 2.10 11.03 405.281.95 11.42 419.71 Trenton 2.10 11.03 405.282.00 11.47 421.54 Winchester 2.20 11.13 408.962.00 11.47 421.54 North Gower 2.15 11.08 407.122.05 11.52 423.38 Huron FOB 2.20 11.13 408.962.05 11.52 423.38 Kent FOB 2.20 11.13 408.961.95 11.42 419.71 Lambton FOB 2.25 11.18 410.792.20 11.67 428.89 Middlesex FOB2.20 2.20 2.20 N/A 11.13 408.96 N/A PROCESSORS Windsor 2.44 11.37 417.782.48 11.95 439.18 TRANSFER Hamilton 2.55 11.48 421.822.30 11.77 432.57 Prescott 2.45 11.38 418.14 N/A Port Colborne2.62 11.55 424.39 N/A Toledo El. -0.42 8.51 312.56-0.46 9.01 331.06 Exchange rate was 1.3234 down 0.0049 Chicago wheat closed slightly lower. DEC19 HI 4.92 JUL20 HI 5.04 1/4 LOW 4.84 1/2 LOW 4.98 1/2 CLOSE 4.88 Down 1 1/2 CLOSE 5.02 1/4 Down 1 1/2 Minni wheat closed slightly to moderately higher. DEC19 HI 5.26 3/4 SEP20 HI 5.65 1/2 LOW 5.11 1/2 LOW 5.59 CLOSE 5.20 1/4 Up 7 CLOSE 5.63 3/4 Up 4 1/2 GFO Cash Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 2.04 2.24 1.91 1.29 CAD $/bu 6.92 7.12 6.79 6.49 CAD $/tonne 254.31 261.60 249.45 238.39 Direct MarkHarvest 2019 Harvest 2020 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 1.60 N/A N/A N/A 1.15 N/A London 1.71 1.98 1.65 N/A 1.29 1.49 1.16 N/A Hensall 1.70 N/A 1.60 N/A 1.35 N/A 1.15 N/A Trenton N/A N/A 1.65 N/A N/A N/A 1.30 N/A Bruce 1.70 2.00 1.60 1.45 1.35 1.55 1.15 1.00 Essex N/A N/A 1.60 N/A N/A N/A 1.15 N/A Norwich 1.70 N/A 1.60 N/A 1.35 N/A 1.15 N/A Port Hope N/A N/A 1.70 N/A N/A N/A 1.30 N/A Kent Bridge 1.70 N/A 1.60 N/A 1.35 N/A 1.15 N/A Chatham N/A N/A 1.60 N/A N/A N/A 1.15 N/A Brigden N/A N/A 1.60 N/A N/A N/A 1.15 N/A Palmerston N/A N/A 1.63 1.42 N/A N/A 1.14 N/A Varna 1.70 2.00 1.60 N/A 1.35 1.55 1.15 N/A Mitchell 1.70 1.90 1.60 N/A 1.35 1.55 1.15 N/A Thornton N/A N/A N/A 1.40 N/A N/A N/A N/A North Gower N/A 2.15 1.85 1.20 N/A 1.73 1.48 0.90 W O Feed 2.22 TERMINAL Port Colbor 2.05 2.32 1.99 N/A N/A N/A N/A N/A PROCESSORS Toledo FM N/A N/A 1.91 N/A N/A N/A N/A N/A Toledo El. 5.06US 6.70CA 5.02US 6.64CA GFO Contract Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.55 1.81 1.48 1.02 CAD $/bu 6.57 6.84 6.51 6.66 CAD $/tonne 241.52 251.23 239.09 244.67 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 498.47 DDG's FOB Srn & Aylm 210.00 - 215.00