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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, September 26

26 Sep 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, September 26 Exchange rate was 1.3767 up 0.0172 Chicago soybeans closed slightly lower. NOV22 HI 14.33 3/4 NOV23 HI 13.64 1/2 LOW 14.08 1/4 LOW 13.46 3/4 CLOSE14.11 1/4 Down 14 1/2 CLOSE 13.49 1/2 Down 12 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV22+NOV22+JAN23 CK Low 4.89 19.00 698.22 4.16 17.66 648.71 CK High 5.00 19.11 702.26 4.35 17.85 655.69 CK Average 4.93 -0.28 19.05 699.85 4.25 -0.60 17.75 652.07 Essex Cty 4.95 19.06 700.43 4.25 17.75 652.02 Mdsx Low 4.70 18.81 691.24 4.10 17.60 646.51 Mdsx High 5.00 19.11 702.26 4.30 17.80 653.85 Mdsx Average4.89 -0.31 19.00 698.04 4.22 -0.63 17.71 650.73 Hensall 4.87 18.98 697.36 4.23 17.73 651.40 Bruce 4.90 19.01 698.59 4.25 17.75 652.02 Putnam 4.90 19.01 698.59 4.25 17.75 652.02 Burford 5.00 19.11 702.26 4.27 17.77 652.75 Port Perry 4.81 18.92 695.28 4.08 17.58 645.77 Norfolk 5.00 19.11 702.26 4.30 17.80 653.85 Palmerston 4.90 19.01 698.59 N/A Varna 4.85 18.96 696.75 4.20 17.70 650.18 Trenton 4.70 18.81 691.24 4.15 17.65 648.34 Winchester 4.85 18.96 696.75 4.20 17.70 650.18 North Gower 4.50 18.61 683.89 3.85 17.35 637.32 Vankleek Hil4.38 18.49 679.48 3.90 17.40 639.16 Huron FOB N/A 4.89 4.97 4.75 N/A Kent FOB 5.00 19.11 702.26 4.30 17.80 653.85 Lambton FOB 4.90 19.01 698.59 N/A Mdsx FOB 5.17 5.08 5.08 N/A 19.28 708.51 N/A PROCESSORS Windsor 5.35 19.46 715.12 4.48 17.98 660.47 TRANSFER Hamilton 5.65 19.76 726.15 4.80 18.30 672.23 Prescott 5.12 19.23 706.67 4.09 17.59 646.14 Port Colborn5.61 19.72 724.68 4.68 18.18 667.82 Toledo El. -0.41 13.70 503.37 -0.62 12.88 473.09 Exchange rate was 1.3767 up 0.0172 Chicago wheat closed moderately lower. DEC22 HI 8.90 3/4 JUL23 HI 8.97 LOW 8.54 1/4 LOW 8.63 1/4 CLOSE 8.58 Down 22 1/2 CLOSE 8.65 1/2 Down 22 3/4 Minni wheat closed moderately lower. DEC22 HI 9.59 SEP23 HI 9.31 3/4 LOW 9.29 1/4 LOW 9.00 CLOSE 9.31 1/4 Down 18 CLOSE 9.06 3/4 Down 16 1/2 Direct MarkHarvest 2022 Harvest 2023 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 1.40 N/A N/A N/A 1.70 N/A London 3.67 2.31 1.38 N/A 3.28 2.46 1.64 N/A Hensall 4.55 N/A 1.50 N/A 3.05 N/A 1.80 N/A Trenton N/A N/A N/A N/A N/A N/A 1.45 N/A Bruce 2.50 2.25 1.50 1.15 2.80 2.25 1.80 1.00 Essex N/A N/A 1.55 N/A N/A N/A 1.85 N/A Norwich 4.55 N/A 1.50 N/A 3.05 N/A 1.80 N/A Port Hope N/A N/A 1.35 N/A N/A N/A 1.80 N/A Kent Bridge 4.55 N/A 1.50 N/A 3.05 N/A 1.80 N/A Chatham N/A N/A 1.55 N/A N/A N/A 1.85 N/A Brigden N/A N/A 1.55 N/A N/A N/A 1.85 N/A Palmerston N/A 2.33 1.50 2.33 N/A N/A N/A N/A Varna 3.85 2.35 1.50 N/A 2.90 2.35 1.80 N/A Mitchell 4.55 2.35 1.50 N/A 3.05 2.35 1.80 N/A Thornton 3.67 2.31 1.38 2.36 3.28 2.46 1.64 N/A North Gower N/A 0.90 1.30 1.27 N/A 1.20 1.60 1.22 W O Feed 2.47 TERMINAL Port Colbor N/A N/A 1.89 N/A N/A N/A 2.12 N/A PROCESSORS Toledo FM N/A N/A 2.96 N/A N/A N/A 3.12 N/A Toledo El. 8.23US 11.33CA 8.56US 11.78CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 746.94 DDG's FOB Srn & Aylm 280.00 - 345.00