FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, March 25
Exchange rate was 1.3383 down 0.0002
Chicago soybeans closed slightly higher.
MAY19 HI 9.08 1/4 NOV19 HI 9.41
LOW 9.01 1/2 LOW 9.35
CLOSE9.06 1/2 Up 2 3/4 CLOSE 9.39 3/4 Up 2 1/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt
ELEVATORS +MAY1+MAY1+JUL19
CK Low 2.15 11.22 412.082.22 11.62 426.87
CK High 2.23 11.30 415.022.30 11.70 429.81
CK Average 2.20 -0.6511.26 413.802.26 -0.6911.66 428.40
Essex Cty 2.25 11.32 415.762.25 11.65 427.97
Mdsx Low 2.20 11.27 413.922.25 11.65 427.97
Mdsx High 2.27 11.34 416.492.26 11.66 428.34
Mdsx Average 2.24 -0.6211.30 415.202.26 -0.6911.65 428.16
Hensall 2.20 11.27 413.922.25 11.65 427.97
Bruce 2.20 11.27 413.922.25 11.65 427.97
Putnam 2.20 11.27 413.922.25 11.65 427.97
Burford 2.27 11.34 416.492.26 11.66 428.34
Port Perry 2.23 11.30 415.022.22 11.62 426.87
Norfolk 2.20 11.27 413.922.25 11.65 427.97
Palmerston 2.15 11.22 412.082.35 11.75 431.65
Varna 2.20 11.27 413.922.25 11.65 427.97
Trenton 2.15 11.22 412.082.25 11.65 427.97
Winchester 2.15 11.22 412.082.40 11.80 433.48
North Gower 2.07 11.14 409.142.39 11.79 433.12
Huron FOB 2.35 11.42 419.432.35 11.75 431.65
Kent FOB 2.40 11.47 421.272.25 11.65 427.97
Lambton FOB 2.50 11.57 424.942.45 11.85 435.32
Middlesex FOB2.34 2.43 2.51 2.52 11.41 419.062.39 11.79 433.12
PROCESSORS
Windsor 2.83 11.90 437.072.67 12.07 443.40
TRANSFER
Hamilton 2.65 11.72 430.452.70 12.10 444.51
Prescott N/A 2.65 12.05 442.67
Port Colborne N/A 2.73 12.13 445.61
Toledo El. -0.56 8.50 312.43-0.67 8.73 320.71
Exchange rate was 1.3383 down 0.0002
Chicago wheat closed slightly higher.
MAY19 HI 4.71 3/4 JUL19 HI 4.76 3/4
LOW 4.63 LOW 4.68 1/2
CLOSE 4.69 1/2 Up 3 1/2 CLOSE 4.75 Up 4 1/4
Minni wheat closed narrowly mixed.
MAY19 HI 5.74 SEP19 HI 5.75
LOW 5.69 1/4 LOW 5.71 1/2
CLOSE 5.73 1/4 Up 1 CLOSE 5.74 Down 3/4
GFO Cash Wheat Prices - DEL Terminal
Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 1.59 1.66 1.45 1.00
CAD $/bu 6.28 6.35 6.15 6.74
CAD $/tonne 230.88 233.34 225.96 247.47
Direct MarkHarvest 2018 Harvest 2019
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 1.20 N/A N/A N/A 1.20 N/A
London 1.37 1.71 1.24 N/A 1.44 1.64 1.24 N/A
Hensall 1.35 N/A 1.20 N/A 1.45 N/A 1.20 N/A
Trenton N/A N/A N/A N/A N/A N/A 1.20 N/A
Bruce 1.25 1.70 1.20 N/A 1.40 1.60 1.20 1.00
Essex N/A N/A 1.20 N/A N/A N/A 1.20 N/A
Norwich 1.35 N/A 1.20 N/A 1.45 N/A 1.20 N/A
Port Hope N/A N/A 1.25 N/A N/A 1.45 1.25 N/A
Kent Bridge 1.35 N/A 1.20 N/A 1.45 N/A 1.20 N/A
Chatham N/A N/A 1.20 N/A N/A N/A 1.20 N/A
Brigden N/A N/A 1.20 N/A N/A N/A 1.20 N/A
Palmerston N/A 1.65 1.10 1.10 N/A 1.54 1.19 1.00
Varna 1.40 1.70 1.20 N/A 1.40 1.60 1.20 N/A
Mitchell 1.35 1.40 1.20 N/A 1.45 1.55 1.20 N/A
Thornton N/A N/A N/A 0.75 N/A N/A N/A N/A
North Gower N/A 1.45 1.41 0.80 N/A 1.89 1.54 0.82
W O Feed 1.70
TERMINAL
Port Colbor N/A N/A N/A N/A 1.79 1.99 1.59 N/A
PROCESSORS
Toledo FM N/A N/A 1.79 N/A N/A N/A 1.74 N/A
Toledo El. 4.65US 6.22CA 4.60US 6.16CA
GFO Contract Wheat Prices - DEL Terminal
Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 1.67 2.01 1.54 1.07
CAD $/bu 6.42 6.76 6.29 6.81
CAD $/tonne 236.04 248.33 231.12 250.30
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 474.11
DDG's FOB Srn & Aylm 205.00
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