River Valley MFA  -  CLICK - MFA CUSTOMER PORTAL

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, December 7
Exchange rate was 1.3623 down 0.0021
Chicago soybeans closed slightly higher.

      JAN23   HI 14.78                   NOV23     HI 13.99  1/2
             LOW 14.55  3/4                       LOW 13.85  3/4
            CLOSE14.72   Up 17                  CLOSE 13.98  3/4  Up 12

            OLD CROP                                  NEW CROP
Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt
ELEVATORS        +JAN23+MAR23+MAR23
CK Low      4.75                         19.47 715.40  4.15        18.14 666.44
CK High     4.90                         19.62 720.91  4.30        18.29 671.95
CK Average  4.82                   -0.38 19.54 718.02  4.23 -0.62  18.22 669.33
Essex Cty   4.85                         19.57 719.07  4.20        18.19 668.28
Mdsx Low    4.75                         19.47 715.40  4.15        18.14 666.44
Mdsx High   4.89                         19.61 720.54  4.29        18.28 671.58
Mdsx Average4.81                   -0.38 19.53 717.60  4.22 -0.62  18.21 669.10
Hensall     4.73                         19.45 714.79  4.17        18.15 667.05
Bruce       4.70                         19.42 713.56  4.20        18.19 668.28
Putnam      4.75                         19.47 715.40  4.15        18.14 666.44
Burford     4.96                         19.68 723.12  4.36        18.35 674.16
Port Perry  4.80                         19.52 717.24  4.20        18.19 668.28
Norfolk     4.85                         19.57 719.07  4.25        18.24 670.11
Palmerston  4.85                         19.57 719.07  N/A
Varna       4.75                         19.47 715.40  4.20        18.19 668.28
Trenton     4.75                         19.47 715.40  4.20        18.19 668.28
Winchester  4.90                         19.62 720.91  4.40        18.39 675.62
North Gower 4.40                         19.12 702.54  4.15        18.14 666.44
Vankleek Hil4.94                         19.66 722.38  4.44        18.43 677.09
Huron FOB   4.79  5.04  5.08  N/A        19.51 716.87  N/A
Kent FOB    5.10                         19.82 728.26  4.25        18.24 670.11
Lambton FOB 5.04                         19.76 726.06  N/A
Mdsx FOB    5.18  5.31  5.33  N/A        19.90 731.20  N/A

PROCESSORS
Windsor     5.53                         20.25 744.06  4.67        18.66 685.55

TRANSFER
Hamilton    5.60                         20.32 746.63  4.70        18.69 686.65
Prescott    5.21                         19.93 732.30  4.57        18.56 681.87
Port Colborn5.27                         19.99 734.51  4.87        18.86 692.89

Toledo El.  -0.27                        14.45 530.86 -0.61        13.37 491.43


Exchange rate was 1.3623 down 0.0021
Chicago wheat closed moderately higher.
MAR23      HI     7.56  1/4            JUL23   HI      7.70  1/4
           LOW    7.26  1/4                    LOW     7.43  1/2
           CLOSE  7.49  1/2  Up 20 1/2         CLOSE   7.63  3/4  Up 18 1/4

Minni wheat closed slightly higher.
MAR23      HI        9.13              SEP23   HI      9.04  1/2
           LOW       8.94                      LOW     8.90  1/4
           CLOSE  9.02   Up 6                  CLOSE   8.93  1/2  Up 2 1/2



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   1.20    N/A    N/A     N/A    1.40    N/A
London      2.63   1.67   1.19    N/A    2.83    1.73   1.32    N/A
Hensall     4.10    N/A   1.20    N/A    2.95    N/A    1.40    N/A
Trenton      N/A    N/A    N/A    N/A    N/A     N/A    1.50    N/A
Bruce       2.20   1.70   1.20   1.15    2.40    1.90   1.40   1.15
Essex        N/A    N/A   1.20    N/A    N/A     N/A    1.40    N/A
Norwich     4.10    N/A   1.20    N/A    2.95    N/A    1.40    N/A
Port Hope    N/A    N/A   1.20    N/A    N/A     N/A    1.40    N/A
Kent Bridge 4.10    N/A   1.20    N/A    2.95    N/A    1.40    N/A
Chatham      N/A    N/A   1.20    N/A    N/A     N/A    1.40    N/A
Brigden      N/A    N/A   1.20    N/A    N/A     N/A    1.40    N/A
Palmerston   N/A    N/A   0.95   2.19    N/A     N/A     N/A    N/A
Varna       4.00   2.05   1.20    N/A    2.70    1.95   1.40    N/A
Mitchell    4.10    N/A   1.20    N/A    2.95    1.95   1.40    N/A
Thornton    2.63   1.67   1.19   2.12    2.83    1.73   1.32    N/A
North Gower  N/A   0.80   1.20   1.37    N/A     1.12   1.52   1.22
W O Feed                  2.18

TERMINAL
Port Colbor  N/A    N/A   1.67    N/A    N/A     N/A    1.87    N/A

PROCESSORS
Toledo FM    N/A    N/A   2.33    N/A    N/A     N/A    2.63    N/A

Toledo El. 7.15US        9.73CA         7.39US         10.06CA


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

FEED GRAINS
FOB Hm Soymeal            748.48
DDG's FOB Aylm            355.00