FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, April 19
Exchange rate was 1.3744 down 0.0017
Chicago soybeans closed slightly to moderately higher.
MAY24 HI 11.53 NOV24 HI 11.64
LOW 11.31 3/4 LOW 11.46 3/4
CLOSE11.50 1/2 Up 16 1/4 CLOSE 11.61 Up 11 3/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +MAY24+JUL24+JUL24
CK Low 3.40 14.91 547.66 3.25 14.86 546.01
CK High 3.55 15.06 553.18 3.40 15.01 551.52
CK Average 3.44 -0.63 14.95 549.29 3.30 -0.76 14.91 547.69
Essex Cty 3.50 15.01 551.34 3.30 14.91 547.85
Mdsx Low 3.34 14.85 545.46 3.20 14.81 544.17
Mdsx High 3.40 14.91 547.66 3.25 14.86 546.01
Mdsx Average3.37 -0.68 14.88 546.65 3.24 -0.81 14.85 545.55
Hensall 3.35 14.86 545.83 3.20 14.81 544.17
Bruce 3.35 14.86 545.83 3.15 14.76 542.34
Putnam 3.35 14.86 545.83 3.25 14.86 546.01
Guelph 3.32 14.83 544.73 3.20 14.81 544.17
Burford 3.44 14.95 549.13 3.30 14.91 547.85
Port Perry 3.28 14.79 543.26 3.14 14.75 541.97
Norfolk 3.35 14.86 545.83 3.30 14.91 547.85
Palmerston 3.40 14.91 547.66 3.20 14.81 544.17
Varna 3.35 14.86 545.83 3.20 14.81 544.17
Trenton 3.15 14.66 538.48 3.15 14.76 542.34
Winchester 3.11 14.62 537.01 3.30 14.91 547.85
North Gower 2.75 14.26 523.78 2.80 14.41 529.48
Vankleek Hil3.17 14.68 539.21 2.95 14.56 534.99
Huron FOB 3.38 3.46 3.35 N/A 14.89 546.93 N/A
Kent FOB 3.60 15.11 555.01 3.25 14.86 546.01
Lambton FOB 3.43 14.94 548.77 N/A
Mdsx FOB 3.41 3.55 3.47 3.61 14.92 548.03 3.29 14.90 547.48
PROCESSORS
Windsor 4.10 15.61 573.39 3.82 15.43 566.96
TRANSFER
Hamilton 3.95 15.46 567.87 3.80 15.41 566.22
Prescott N/A 3.63 15.24 559.97
Port Colborn N/A 3.84 15.45 567.69
Toledo El. -0.55 10.96 402.54 -0.69 10.92 401.34
Exchange rate was 1.3744 down 0.0017
Chicago wheat closed moderately higher.
MAY24 HI 5.58 3/4 JUL24 HI 5.74 3/4
LOW 5.36 LOW 5.52 1/4
CLOSE 5.50 1/4 Up 13 1/2 CLOSE 5.66 3/4 Up 13 3/4
Minni wheat closed slightly to moderately higher.
MAY24 HI 6.50 3/4 SEP24 HI 6.65
LOW 6.38 LOW 6.54
CLOSE 6.47 Up 8 1/4 CLOSE 6.62 Up 9 1/2
Direct MarkHarvest 2023 Harvest 2024
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 1.35 N/A N/A N/A 1.25 N/A
London 1.35 1.83 1.35 N/A 1.75 1.82 1.27 N/A
Hensall 1.50 1.85 1.40 1.30 1.70 1.70 1.25 1.10
Trenton N/A N/A N/A N/A N/A N/A 1.35 N/A
Bruce N/A 1.80 1.40 N/A 1.55 1.75 1.25 0.95
Essex N/A N/A 1.35 N/A N/A N/A 1.25 N/A
Norwich N/A N/A 1.40 N/A 1.85 N/A 1.25 N/A
Belmore N/A 1.00 1.40 1.05 1.30 1.25 1.25 N/A
Kent Bridge N/A N/A 1.40 N/A 1.85 N/A 1.25 N/A
Chatham N/A N/A 1.35 N/A N/A N/A 1.25 N/A
Brigden N/A N/A 1.35 N/A N/A N/A 1.25 N/A
Palmerston N/A 1.00 1.40 1.05 1.30 1.25 1.25 N/A
Varna 1.50 1.85 1.40 N/A 1.70 1.70 1.25 N/A
Mitchell N/A N/A 1.40 N/A 1.85 1.80 1.25 N/A
Thornton 1.35 1.83 1.35 1.18 1.75 1.82 1.27 N/A
North Gower N/A 1.30 1.60 1.12 N/A 1.17 1.47 0.97
W O Feed 2.12
TERMINAL
Port Colbor N/A N/A 1.96 N/A N/A N/A 1.68 N/A
PROCESSORS
Toledo FM N/A N/A 1.72 N/A N/A N/A 1.98 N/A
Toledo El. 5.10US 7.01CA 5.43US 7.46CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 568.47
DDG's FOB Aylm 255.00
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