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

30 Sep 2022
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, September 30 Exchange rate was 1.381 up 0.0101 Chicago soybeans closed moderately lower to lower. NOV22 HI 14.25 3/4 NOV23 HI 13.76 LOW 13.63 1/4 LOW 13.38 3/4 CLOSE13.64 3/4 Down 46 CLOSE 13.41 Down 22 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV22+NOV22+JAN23 CK Low 4.95 18.60 683.34 4.30 17.71 650.73 CK High 5.05 18.70 687.02 4.40 17.81 654.41 CK Average 5.00 -0.15 18.64 685.07 4.35 -0.55 17.76 652.62 Essex Cty 4.95 18.60 683.34 4.30 17.71 650.73 Mdsx Low 4.95 18.60 683.34 4.25 17.66 648.89 Mdsx High 5.03 18.68 686.28 4.40 17.81 654.41 Mdsx Average5.00 -0.15 18.64 684.99 4.34 -0.56 17.75 652.20 Hensall 5.00 18.65 685.18 4.40 17.81 654.41 Bruce 5.00 18.65 685.18 4.40 17.81 654.41 Putnam 5.00 18.65 685.18 4.40 17.81 654.41 Burford 5.09 18.74 688.49 4.42 17.83 655.14 Port Perry 4.90 18.55 681.50 4.23 17.64 648.16 Norfolk 5.00 18.65 685.18 4.35 17.76 652.57 Palmerston 4.84 18.49 679.30 N/A Varna 5.00 18.65 685.18 4.40 17.81 654.41 Trenton 4.95 18.60 683.34 4.40 17.81 654.41 Winchester 4.90 18.55 681.50 4.30 17.71 650.73 North Gower 4.85 18.50 679.67 4.15 17.56 645.22 Vankleek Hil4.54 18.19 668.28 4.08 17.49 642.65 Huron FOB N/A 5.08 5.11 4.88 N/A Kent FOB 5.00 18.65 685.18 4.35 17.76 652.57 Lambton FOB 5.06 18.71 687.38 N/A Mdsx FOB 5.26 5.17 5.17 N/A 18.91 694.73 N/A PROCESSORS Windsor 5.37 19.02 698.77 4.56 17.97 660.28 TRANSFER Hamilton 5.65 19.30 709.06 4.85 18.26 670.94 Prescott 5.17 18.82 691.42 4.30 17.71 650.73 Port Colborn5.70 19.35 710.90 4.83 18.24 670.21 Toledo El. -0.41 13.23 486.24 -0.62 12.79 469.90 Exchange rate was 1.381 up 0.0101 Chicago wheat closed moderately higher to higher. DEC22 HI 9.45 3/4 JUL23 HI 9.32 LOW 8.92 3/4 LOW 8.95 3/4 CLOSE 9.21 1/2 Up 25 1/4 CLOSE 9.12 1/4 Up 13 1/4 Minni wheat closed slightly to moderately higher. DEC22 HI 10.01 1/4 SEP23 HI 9.60 LOW 9.61 LOW 9.34 3/4 CLOSE 9.82 Up 16 CLOSE 9.42 1/2 Up 8 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 1.70 N/A N/A N/A 1.85 N/A London 3.87 2.50 1.81 N/A 3.46 2.64 1.95 N/A Hensall 4.70 N/A 1.75 N/A 3.10 N/A 1.85 N/A Trenton N/A N/A N/A N/A N/A N/A 1.80 N/A Bruce 2.50 2.35 1.70 1.15 2.80 2.35 1.85 1.00 Essex N/A N/A 1.70 N/A N/A N/A 1.85 N/A Norwich 4.70 N/A 1.75 N/A 3.10 N/A 1.85 N/A Port Hope N/A N/A 1.50 N/A N/A N/A 1.85 N/A Kent Bridge 4.70 N/A 1.75 N/A 3.10 N/A 1.85 N/A Chatham N/A N/A 1.70 N/A N/A N/A 1.85 N/A Brigden N/A N/A 1.70 N/A N/A N/A 1.85 N/A Palmerston N/A 2.60 1.77 2.55 N/A N/A N/A N/A Varna 4.25 2.60 1.75 N/A 3.10 2.45 1.90 N/A Mitchell 4.70 2.45 1.75 N/A 3.10 2.35 1.85 N/A Thornton 3.87 2.50 1.80 2.55 3.46 2.64 1.95 N/A North Gower N/A 1.05 1.45 1.37 N/A 1.35 1.75 1.37 W O Feed 2.74 TERMINAL Port Colbor N/A N/A 2.15 N/A N/A N/A 2.29 N/A PROCESSORS Toledo FM N/A N/A 3.23 N/A N/A N/A 3.34 N/A Toledo El. 8.92US 12.31CA 9.02US 12.46CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 714.53 DDG's FOB Srn & Aylm 280.00 - 345.00