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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, March 30

30 Mar 2023
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, March 30 Exchange rate was 1.3507 down 0.0045 Chicago soybeans closed narrowly mixed. JUL23 HI 14.54 NOV23 HI 13.05 1/2 LOW 14.45 LOW 12.97 3/4 CLOSE14.47 Down 3 3/4 CLOSE 13.03 1/2 Up 1 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL23+JUL23+JUL23 CK Low 4.80 19.27 708.05 3.86 16.90 620.78 CK High 4.90 19.37 711.73 4.00 17.04 625.93 CK Average 4.86 -0.16 19.33 710.36 3.93 -0.47 16.97 623.36 Essex Cty 4.90 19.37 711.73 3.95 16.99 624.09 Mdsx Low 4.85 19.32 709.89 3.90 16.94 622.25 Mdsx High 4.90 19.37 711.73 4.00 17.04 625.93 Mdsx Average4.88 -0.14 19.35 711.08 3.94 -0.47 16.97 623.63 Hensall 4.88 19.35 711.11 3.95 16.99 624.09 Bruce 4.85 19.32 709.89 4.00 17.04 625.93 Putnam 4.85 19.32 709.89 3.90 16.94 622.25 Burford 4.95 19.42 713.56 3.97 17.01 624.83 Port Perry 4.79 19.26 707.68 3.81 16.85 618.95 Norfolk 4.90 19.37 711.73 3.95 16.99 624.09 Palmerston N/A N/A Varna 4.90 19.37 711.73 3.95 16.99 624.09 Trenton 4.85 19.32 709.89 4.00 17.04 625.93 Winchester 4.75 19.22 706.21 3.95 16.99 624.09 North Gower 5.10 19.57 719.07 4.00 17.04 625.93 Vankleek Hil4.92 19.39 712.46 3.75 16.79 616.74 Huron FOB N/A 4.90 5.00 5.06 N/A Kent FOB 5.15 19.62 720.91 3.95 16.99 624.09 Lambton FOB 5.09 19.56 718.71 N/A Mdsx FOB 4.87 5.07 N/A N/A 19.34 710.62 4.09 17.13 629.24 PROCESSORS Windsor 5.31 19.78 726.79 4.44 17.48 642.10 TRANSFER Hamilton 5.40 19.87 730.10 4.65 17.69 649.81 Prescott N/A 4.38 17.42 639.89 Port Colborn4.96 19.43 713.93 4.58 17.62 647.24 Toledo El. 0.19 14.66 538.63 -0.61 12.43 456.62 Exchange rate was 1.3507 down 0.0045 Chicago wheat closed slightly to moderately lower. MAY23 HI 7.10 JUL23 HI 7.21 1/4 LOW 6.90 1/4 LOW 7.02 1/2 CLOSE 6.92 1/4 Down 12 1/2 CLOSE 7.04 1/2 Down 11 3/4 Minni wheat closed slightly higher. MAY23 HI 8.82 SEP23 HI 8.83 1/2 LOW 8.72 3/4 LOW 8.74 3/4 CLOSE 8.79 3/4 Up 1 3/4 CLOSE 8.80 1/2 Up 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 1.50 N/A N/A N/A 1.30 N/A London 2.39 1.92 1.45 N/A 2.64 1.76 1.22 N/A Hensall 4.20 N/A 1.50 N/A 2.90 N/A 1.30 N/A Trenton N/A N/A N/A N/A N/A N/A 1.30 N/A Bruce 2.50 2.00 1.50 1.15 2.30 1.80 1.30 1.15 Essex N/A N/A 1.50 N/A N/A N/A 1.30 N/A Norwich 4.20 N/A 1.50 N/A 2.90 N/A 1.30 N/A Belmore 2.50 1.75 1.55 1.15 2.00 1.90 1.30 N/A Kent Bridge 4.20 N/A 1.50 N/A 2.90 N/A 1.30 N/A Chatham N/A N/A 1.50 N/A N/A N/A 1.30 N/A Brigden N/A N/A 1.50 N/A N/A N/A 1.30 N/A Palmerston N/A 1.73 1.19 N/A N/A N/A N/A N/A Varna 4.15 2.20 1.55 N/A 2.80 1.90 1.30 N/A Mitchell 4.20 N/A 1.50 N/A 2.90 1.95 1.30 N/A Thornton 2.39 1.92 1.45 1.74 2.64 1.76 1.22 N/A North Gower N/A 1.40 1.70 1.92 N/A 1.10 1.40 1.52 W O Feed 2.19 TERMINAL Port Colbor N/A N/A 2.12 N/A N/A N/A 1.96 N/A PROCESSORS Toledo FM N/A N/A N/A N/A N/A N/A 2.27 N/A Toledo El. 6.57US 8.88CA 6.80US 9.18CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 757.19 DDG's FOB Aylm 370.00