News & Resources

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, September 8

8 Sep 2021
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, September 8 Exchange rate was 1.2676 up 0.0036 Chicago soybeans closed narrowly mixed. NOV21 HI 12.88 NOV21 HI 12.88 LOW 12.72 LOW 12.72 CLOSE12.79 1/2 Up 2 1/2 CLOSE 12.79 1/2 Up 2 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV21+NOV21+JAN22 CK Low 2.70 15.50 569.34 2.60 15.40 565.67 CK High 2.75 15.55 571.18 2.71 15.51 569.71 CK Average 2.71 -0.56 15.51 569.71 2.69 -0.58 15.48 568.79 Essex Cty 2.70 15.50 569.34 2.70 15.50 569.34 Mdsx Low 2.69 15.49 568.98 2.69 15.49 568.98 Mdsx High 2.70 15.50 569.34 2.70 15.50 569.34 Mdsx Average2.70 -0.57 15.49 569.16 2.70 -0.57 15.49 569.16 Hensall 2.65 15.45 567.51 2.65 15.45 567.51 Bruce 2.65 15.45 567.51 2.65 15.45 567.51 Putnam 2.70 15.50 569.34 2.70 15.50 569.34 Burford 2.76 15.56 571.55 2.76 15.56 571.55 Port Perry 2.68 15.48 568.61 2.68 15.48 568.61 Norfolk 2.70 15.50 569.34 2.70 15.50 569.34 Palmerston 2.51 15.31 562.36 2.51 15.31 562.36 Varna 2.65 15.45 567.51 2.65 15.45 567.51 Trenton 2.75 15.55 571.18 2.75 15.55 571.18 Winchester 2.77 15.57 571.92 2.77 15.57 571.92 North Gower 3.00 15.80 580.37 3.00 15.80 580.37 Vankleek Hil3.08 15.88 583.31 2.82 15.62 573.75 Huron FOB N/A N/A N/A 2.95 2.70 15.50 569.34 Kent FOB N/A 2.70 15.50 569.34 Lambton FOB 2.95 15.75 578.53 2.95 15.75 578.53 Mdsx FOB 3.45 N/A N/A N/A 16.25 596.90 2.93 15.73 577.79 PROCESSORS Windsor N/A 3.03 15.83 581.47 TRANSFER Hamilton N/A 3.15 15.95 585.88 Prescott 3.01 15.81 580.73 3.01 15.81 580.73 Port Colborn N/A 3.41 16.21 595.43 Toledo El. 0.00 12.80 470.14 -0.44 12.35 453.83 Exchange rate was 1.2676 up 0.0036 Chicago wheat closed slightly to moderately lower. DEC21 HI 7.24 JUL22 HI 7.10 LOW 7.07 1/2 LOW 6.97 3/4 CLOSE 7.09 1/2 Down 10 1/4 CLOSE 6.98 3/4 Down 8 1/4 Minni wheat closed slightly to moderately lower. DEC21 HI 9.08 1/4 SEP22 HI 7.72 1/4 LOW 8.90 LOW 7.69 3/4 CLOSE 8.94 1/2 Down 13 3/4 CLOSE 7.71 3/4 Down 7 1/4 Direct MarkHarvest 2021 Harvest 2022 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 N/A 1.15 N/A London 1.02 1.21 0.83 N/A 1.31 1.25 1.19 N/A Hensall 0.80 N/A 0.80 N/A 1.65 N/A 1.15 N/A Trenton N/A N/A N/A N/A N/A N/A 1.15 N/A Bruce 0.80 1.35 0.80 1.25 1.65 1.40 1.15 1.05 Essex N/A N/A 0.50 N/A N/A N/A 1.05 N/A Norwich 0.80 N/A 0.80 N/A 1.65 N/A 1.15 N/A Port Hope N/A N/A 0.80 N/A N/A N/A 1.15 N/A Kent Bridge 0.80 N/A 0.80 N/A 1.65 N/A 1.15 N/A Chatham N/A N/A 0.55 N/A N/A N/A 1.05 N/A Brigden N/A N/A 0.55 N/A N/A N/A 1.05 N/A Palmerston N/A N/A 0.62 1.61 N/A N/A 1.20 1.42 Varna 1.15 1.45 0.80 N/A 1.35 1.40 1.15 N/A Mitchell 0.80 1.35 0.80 N/A 1.65 1.40 1.15 N/A Thornton 1.02 1.21 0.83 1.40 1.31 1.25 1.19 N/A North Gower N/A 0.73 0.85 1.12 N/A N/A N/A N/A W O Feed 1.36 TERMINAL Port Colbor N/A N/A 1.41 N/A N/A N/A 1.51 N/A PROCESSORS Toledo FM N/A N/A 1.77 N/A N/A N/A 2.00 N/A Toledo El. 6.90US 8.74CA 6.94US 8.79CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 501.45 DDG's FOB Srn & Aylm 290.00