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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, September 30

30 Sep 2019
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, September 30 Exchange rate was 1.3225 down 0.0008 Chicago soybeans closed slightly higher to higher. NOV19 HI 9.06 3/4 NOV20 HI 9.55 LOW 8.83 3/4 LOW 9.39 CLOSE9.06 Up 23 CLOSE 9.54 1/4 Up 13 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +NOV1+JAN2+JAN20 CK Low 2.10 11.16 410.061.95 11.49 422.28 CK High 2.18 11.24 413.002.05 11.59 425.95 CK Average 2.15 -0.5911.21 411.772.00 -0.8011.54 424.11 Essex Cty 2.15 11.21 411.901.95 11.49 422.28 Mdsx Low 2.07 11.13 408.961.94 11.48 421.91 Mdsx High 2.15 11.21 411.902.00 11.54 424.11 Mdsx Average 2.11 -0.6111.17 410.431.97 -0.8311.51 423.01 Hensall 2.15 11.21 411.901.98 11.52 423.20 Bruce 2.15 11.21 411.901.95 11.49 422.28 Putnam 2.15 11.21 411.902.00 11.54 424.11 Burford 2.14 11.20 411.532.01 11.55 424.48 Port Perry 2.14 11.20 411.532.01 11.55 424.48 Norfolk 2.15 11.21 411.901.95 11.49 422.28 Palmerston 2.17 11.23 412.631.93 11.47 421.54 Varna 2.15 11.21 411.901.95 11.49 422.28 Trenton 2.15 11.21 411.902.05 11.59 425.95 Winchester 2.15 11.21 411.902.00 11.54 424.11 North Gower 2.15 11.21 411.902.00 11.54 424.11 Huron FOB 2.25 11.31 415.572.05 11.59 425.95 Kent FOB 2.15 11.21 411.901.95 11.49 422.28 Lambton FOB 2.15 11.21 411.902.20 11.74 431.46 Middlesex FOB2.26 2.26 2.26 N/A 11.32 415.942.13 11.67 428.89 PROCESSORS Windsor 2.50 11.56 424.762.50 12.04 442.49 TRANSFER Hamilton 2.60 11.66 428.432.30 11.84 435.14 Prescott 2.46 11.52 423.29 N/A Port Colborne2.67 11.73 431.00 N/A Toledo El. -0.36 8.70 319.78-0.46 9.08 333.64 Exchange rate was 1.3225 down 0.0008 Chicago wheat closed slightly to moderately higher. DEC19 HI 5.01 JUL20 HI 5.14 1/2 LOW 4.83 1/4 LOW 4.98 1/2 CLOSE 4.95 3/4 Up 8 1/2 CLOSE 5.10 3/4 Up 8 1/2 Minni wheat closed slightly lower. DEC19 HI 5.57 SEP20 HI 5.92 LOW 5.43 LOW 5.82 3/4 CLOSE 5.44 1/2 Down 2 1/2 CLOSE 5.83 1/4 Down 2 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 2.06 2.26 1.93 1.36 CAD $/bu 7.02 7.22 6.89 6.80 CAD $/tonne 257.91 265.20 253.05 250.01 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 1.70 1.97 1.64 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 1.56 1.37 N/A N/A 1.21 1.03 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 1.16 N/A N/A N/A N/A North Gower N/A 2.10 1.80 1.25 N/A 1.77 1.47 0.95 W O Feed 2.27 TERMINAL Port Colbor 2.04 2.31 1.98 N/A N/A N/A N/A N/A PROCESSORS Toledo FM N/A N/A 2.19 N/A N/A N/A 1.64 N/A Toledo El. 5.14US 6.79CA 5.11US 6.75CA GFO Contract Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.57 1.84 1.51 1.08 CAD $/bu 6.68 6.94 6.61 6.91 CAD $/tonne 245.47 255.17 243.04 253.96 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 508.06 DDG's FOB Srn & Aylm 210.00 - 220.00