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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, September 28

28 Sep 2021
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, September 28 Exchange rate was 1.2682 up 0.0062 Chicago soybeans closed slightly lower. NOV21 HI 12.87 NOV22 HI 12.60 LOW 12.75 LOW 12.49 CLOSE12.77 Down 10 1/2 CLOSE 12.51 1/4 Down 9 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 2.80 15.57 572.10 2.54 15.05 553.08 CK High 2.90 15.67 575.77 2.65 15.16 557.13 CK Average 2.83 -0.47 15.60 573.08 2.60 -0.60 15.11 555.23 Essex Cty 2.80 15.57 572.10 2.55 15.06 553.45 Mdsx Low 2.87 15.64 574.67 2.60 15.11 555.29 Mdsx High 2.90 15.67 575.77 2.60 15.11 555.29 Mdsx Average2.89 -0.43 15.66 575.22 2.60 -0.60 15.11 555.29 Hensall 2.90 15.67 575.77 2.60 15.11 555.29 Bruce 2.85 15.62 573.94 2.65 15.16 557.13 Putnam 2.90 15.67 575.77 2.60 15.11 555.29 Burford 2.94 15.71 577.24 2.67 15.18 557.86 Port Perry 2.86 15.63 574.30 2.59 15.10 554.92 Norfolk 2.90 15.67 575.77 2.60 15.11 555.29 Palmerston 2.87 15.64 574.67 2.63 15.14 556.39 Varna 2.95 15.72 577.61 2.65 15.16 557.13 Trenton 2.90 15.67 575.77 2.65 15.16 557.13 Winchester 3.00 15.77 579.45 2.60 15.11 555.29 North Gower 3.15 15.92 584.96 2.60 15.11 555.29 Vankleek Hil3.13 15.90 584.22 2.67 15.18 557.86 Huron FOB 2.95 2.95 2.95 3.24 15.72 577.61 N/A Kent FOB 2.80 15.57 572.10 2.60 15.11 555.29 Lambton FOB 3.15 15.92 584.96 2.65 15.16 557.13 Mdsx FOB 3.19 3.19 N/A N/A 15.96 586.43 N/A PROCESSORS Windsor 3.18 15.95 586.06 2.93 15.44 567.41 TRANSFER Hamilton 3.50 16.27 597.82 2.95 15.46 568.15 Prescott 3.06 15.83 581.65 2.92 15.43 567.05 Port Colborn3.59 16.36 601.13 3.08 15.59 572.93 Toledo El. -0.38 12.39 455.24 -0.51 12.01 441.12 Exchange rate was 1.2682 up 0.0062 Chicago wheat closed moderately lower. DEC21 HI 7.26 3/4 JUL22 HI 7.19 LOW 7.06 LOW 7.03 1/2 CLOSE 7.06 1/2 Down 15 3/4 CLOSE 7.03 3/4 Down 14 3/4 Minni wheat closed moderately lower. DEC21 HI 9.24 SEP22 HI 7.93 1/4 LOW 9.03 1/2 LOW 7.81 1/2 CLOSE 9.07 1/4 Down 14 1/4 CLOSE 7.83 1/2 Down 9 3/4 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 0.80 N/A N/A N/A 1.20 N/A London 1.02 1.28 0.83 N/A 1.32 1.39 1.20 N/A Hensall 0.80 N/A 0.80 N/A 1.70 N/A 1.20 N/A Trenton N/A N/A 0.75 N/A N/A N/A 1.15 N/A Bruce 0.80 1.45 0.80 1.25 1.65 1.45 1.15 1.05 Essex N/A N/A 0.75 N/A N/A N/A 1.20 N/A Norwich 0.80 N/A 0.80 N/A 1.70 N/A 1.20 N/A Port Hope N/A N/A 0.80 N/A N/A N/A 1.20 N/A Kent Bridge 0.80 N/A 0.80 N/A 1.70 N/A 1.20 N/A Chatham N/A N/A 0.80 N/A N/A N/A 1.20 N/A Brigden N/A N/A 0.80 N/A N/A N/A 1.20 N/A Palmerston N/A N/A 0.63 1.67 N/A N/A 1.23 1.48 Varna 1.15 1.45 0.80 N/A 1.50 1.50 1.20 N/A Mitchell 0.80 1.35 0.80 N/A 1.70 1.45 1.20 N/A Thornton 1.02 1.28 0.83 1.23 1.32 1.39 1.20 N/A North Gower N/A 0.65 1.05 1.07 N/A N/A 1.17 N/A W O Feed 1.38 TERMINAL Port Colbor N/A N/A 1.41 N/A N/A N/A 1.52 N/A PROCESSORS Toledo FM N/A N/A 1.77 N/A N/A N/A 2.01 N/A Toledo El. 6.87US 8.71CA 6.99US 8.86CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 526.14 DDG's FOB Srn & Aylm 290.00 - 305.00