News & Resources

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, May 25

25 May 2021
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, May 25 Exchange rate was 1.2052 up 0.0006 Chicago soybeans closed slightly lower. JUL21 HI 15.38 1/4 NOV21 HI 13.71 3/4 LOW 14.99 LOW 13.38 1/2 CLOSE15.11 3/4 Down 11 CLOSE 13.47 1/4 Down 15 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL21+JUL21+AUG21 CK Low 3.53 18.65 685.18 2.44 15.91 584.68 CK High 3.60 18.72 687.75 2.50 15.97 586.89 CK Average 3.56 0.38 18.67 686.10 2.46 -0.26 15.93 585.30 Essex Cty 3.55 18.67 685.91 2.40 15.87 583.21 Mdsx Low 3.51 18.63 684.44 2.42 15.89 583.95 Mdsx High 3.55 18.67 685.91 2.45 15.92 585.05 Mdsx Average3.53 0.36 18.65 685.18 2.44 -0.27 15.91 584.50 Hensall 3.55 18.67 685.91 2.45 15.92 585.05 Bruce 3.65 18.77 689.59 2.50 15.97 586.89 Putnam 3.55 18.67 685.91 2.45 15.92 585.05 Burford 3.58 18.70 687.02 2.49 15.96 586.52 Port Perry 3.53 18.65 685.18 2.44 15.91 584.68 Norfolk 3.55 18.67 685.91 2.45 15.92 585.05 Palmerston 3.51 18.63 684.44 2.45 15.92 585.05 Varna 3.55 18.67 685.91 2.45 15.92 585.05 Trenton 3.57 18.69 686.65 2.49 15.96 586.52 Winchester 3.57 18.69 686.65 2.47 15.94 585.79 North Gower 3.25 18.37 674.89 2.50 15.97 586.89 Vankleek Hil3.00 18.12 665.70 2.42 15.89 583.95 Huron FOB 3.44 3.56 3.68 N/A 18.56 681.87 2.50 15.97 586.89 Kent FOB 3.50 18.62 684.08 2.45 15.92 585.05 Lambton FOB 3.60 18.72 687.75 2.40 15.87 583.21 Mdsx FOB 3.58 3.58 N/A N/A 18.70 687.02 2.51 15.98 587.26 PROCESSORS Windsor 3.58 18.70 687.02 2.68 16.15 593.50 TRANSFER Hamilton 3.90 19.02 698.77 2.90 16.37 601.59 Prescott N/A 2.66 16.13 592.77 Port Colborn3.39 18.51 680.03 2.98 16.45 604.53 Toledo El. 0.18 15.30 562.12 -0.42 13.05 479.53 Exchange rate was 1.2052 up 0.0006 Chicago wheat closed slightly lower. JUL21 HI 6.67 1/2 JUL21 HI 6.67 1/2 LOW 6.46 3/4 LOW 6.46 3/4 CLOSE 6.56 1/2 Down 5 3/4 CLOSE 6.56 1/2 Down 5 3/4 Minni wheat closed slightly lower. JUL21 HI 6.96 1/2 SEP21 HI 7.03 1/2 LOW 6.75 LOW 6.81 1/4 CLOSE 6.82 3/4 Down 2 CLOSE 6.89 1/2 Down 2 Direct MarkHarvest 2020 Harvest 2021 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 N/A N/A N/A N/A 0.85 N/A London 1.58 1.58 1.58 N/A 1.16 1.04 0.92 N/A Hensall N/A N/A N/A N/A 1.15 N/A 0.85 N/A Trenton N/A N/A N/A N/A N/A N/A 0.90 N/A Bruce 1.65 1.70 1.65 1.40 1.20 1.15 0.90 1.40 Essex N/A N/A 1.55 N/A N/A N/A 0.85 N/A Norwich N/A N/A N/A N/A 1.15 N/A 0.85 N/A Port Hope N/A N/A N/A N/A N/A N/A 0.90 N/A Kent Bridge N/A N/A N/A N/A 1.15 N/A 0.85 N/A Chatham N/A N/A 1.55 N/A N/A N/A 0.85 N/A Brigden N/A N/A 1.55 N/A N/A N/A 0.85 N/A Palmerston N/A N/A 1.70 1.58 N/A 1.09 0.85 1.17 Varna 1.80 1.80 1.80 N/A 1.05 1.05 0.85 N/A Mitchell N/A N/A N/A N/A 1.15 1.10 0.85 N/A Thornton 1.58 1.58 1.58 1.32 1.16 1.04 0.92 N/A North Gower N/A 1.20 1.50 0.90 N/A 0.84 0.99 0.80 W O Feed 2.53 TERMINAL Port Colbor N/A N/A 1.91 N/A N/A N/A 1.30 N/A PROCESSORS Toledo FM N/A N/A 1.53 N/A N/A N/A 1.53 N/A Toledo El. 6.67US 8.03CA 6.67US 8.03CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 536.06 DDG's FOB Srn & Aylm 350.00 - 355.00