Grain News

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, September 23


FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, September 23
Exchange rate was 1.3595 up 0.0104
Chicago soybeans closed moderately lower.

NOV22 HI 14.56 NOV23 HI 13.81 3/4
LOW 14.20 1/2 LOW 13.56
CLOSE14.25 3/4 Down 31 1/4 CLOSE 13.61 1/2 Down 23

OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +NOV22+NOV22+JAN23
CK Low 4.75 19.01 698.41 4.05 17.67 649.08
CK High 4.80 19.06 700.24 4.15 17.77 652.75
CK Average 4.77 -0.26 19.03 699.25 4.12 -0.57 17.73 651.60
Essex Cty 4.75 19.01 698.41 4.05 17.67 649.08
Mdsx Low 4.70 18.96 696.57 4.10 17.72 650.91
Mdsx High 4.81 19.07 700.61 4.15 17.77 652.75
Mdsx Average4.77 -0.27 19.02 698.96 4.12 -0.57 17.74 651.65
Hensall 4.75 19.01 698.41 4.15 17.77 652.75
Bruce 4.75 19.01 698.41 4.15 17.77 652.75
Putnam 4.75 19.01 698.41 4.15 17.77 652.75
Burford 4.87 19.13 702.82 4.19 17.81 654.22
Port Perry 4.68 18.94 695.83 4.00 17.62 647.24
Norfolk 4.80 19.06 700.24 4.10 17.72 650.91
Palmerston 4.72 18.98 697.30 N/A
Varna 4.75 19.01 698.41 4.15 17.77 652.75
Trenton 4.65 18.91 694.73 4.10 17.72 650.91
Winchester 4.70 18.96 696.57 4.06 17.68 649.45
North Gower 4.50 18.76 689.22 3.85 17.47 641.73
Vankleek Hil4.38 18.64 684.81 3.90 17.52 643.57
Huron FOB N/A 4.78 4.86 4.64 N/A
Kent FOB 4.80 19.06 700.24 4.10 17.72 650.91
Lambton FOB 4.90 19.16 703.92 N/A
Mdsx FOB 5.09 5.00 5.00 N/A 19.35 710.90 N/A

PROCESSORS
Windsor 5.20 19.46 714.94 4.34 17.96 659.73

TRANSFER
Hamilton 5.45 19.71 724.13 4.60 18.22 669.29
Prescott 5.12 19.38 712.00 4.09 17.71 650.55
Port Colborn5.53 19.79 727.07 4.60 18.22 669.29

Toledo El. -0.41 13.85 508.89 -0.61 13.00 477.79


Exchange rate was 1.3595 up 0.0104
Chicago wheat closed lower.
DEC22 HI 9.13 JUL23 HI 9.13 1/2
LOW 8.76 LOW 8.83 1/4
CLOSE 8.80 1/2 Down 30 1/4 CLOSE 8.88 1/4 Down 25 1/4

Minni wheat closed moderately lower to lower.
DEC22 HI 9.76 3/4 SEP23 HI 9.47
LOW 9.46 LOW 9.20 1/4
CLOSE 9.49 1/4 Down 28 1/2 CLOSE 9.23 1/4 Down 22 3/4



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 1.25 N/A N/A N/A 1.55 N/A
London 3.65 2.30 1.37 N/A 3.26 2.45 1.64 N/A
Hensall 4.40 N/A 1.40 N/A 2.85 N/A 1.70 N/A
Trenton N/A N/A 0.95 N/A N/A N/A 1.45 N/A
Bruce 2.40 2.15 1.40 1.15 2.70 2.25 1.70 1.00
Essex N/A N/A 1.50 N/A N/A N/A 1.80 N/A
Norwich 4.40 N/A 1.40 N/A 2.85 N/A 1.70 N/A
Port Hope N/A N/A 1.25 N/A N/A N/A 1.70 N/A
Kent Bridge 4.40 N/A 1.40 N/A 2.85 N/A 1.70 N/A
Chatham N/A N/A 1.50 N/A N/A N/A 1.80 N/A
Brigden N/A N/A 1.50 N/A N/A N/A 1.80 N/A
Palmerston N/A 2.26 1.45 2.26 N/A N/A N/A N/A
Varna 3.75 2.25 1.40 N/A 2.80 2.25 1.70 N/A
Mitchell 4.40 2.25 1.40 N/A 2.85 2.25 1.70 N/A
Thornton 3.65 2.30 1.37 2.36 3.26 2.45 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 2.35

TERMINAL
Port Colbor N/A N/A 1.89 N/A N/A N/A 2.11 N/A

PROCESSORS
Toledo FM N/A N/A 2.89 N/A N/A N/A 3.06 N/A

Toledo El. 8.46US 11.49CA 8.78US 11.94CA


(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange

FEED GRAINS
FOB Hm Soymeal 762.70
DDG's FOB Srn & Aylm 280.00