FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, October 15
Exchange rate was 1.32 down 0.0024
Chicago soybeans closed mixed.
NOV19 HI 9.44 1/4 NOV20 HI 9.76 1/2
LOW 9.33 1/4 LOW 9.69 1/2
CLOSE9.34 Down 6 1/2 CLOSE 9.72 1/2 Down 1
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt
ELEVATORS +NOV1+JAN2+JAN20
CK Low 2.17 11.51 422.922.05 11.78 432.66
CK High 2.20 11.54 424.022.10 11.83 434.49
CK Average 2.20 -0.6011.54 423.842.09 -0.7811.81 433.94
Essex Cty 2.20 11.54 424.022.10 11.83 434.49
Mdsx Low 2.15 11.49 422.192.04 11.77 432.29
Mdsx High 2.20 11.54 424.022.10 11.83 434.49
Mdsx Average 2.18 -0.6211.52 423.102.07 -0.8011.80 433.39
Hensall 2.18 11.52 423.102.10 11.83 434.49
Bruce 2.15 11.49 422.192.10 11.83 434.49
Putnam 2.20 11.54 424.022.10 11.83 434.49
Burford 2.22 11.56 424.762.11 11.84 434.86
Port Perry 2.17 11.51 422.922.06 11.79 433.02
Norfolk 2.20 11.54 424.022.10 11.83 434.49
Palmerston 2.13 11.47 421.452.15 11.88 436.33
Varna 2.15 11.49 422.192.10 11.83 434.49
Trenton 2.20 11.54 424.022.10 11.83 434.49
Winchester 2.25 11.59 425.862.21 11.94 438.54
North Gower 2.28 11.62 426.962.26 11.99 440.37
Huron FOB 2.20 11.54 424.022.20 11.93 438.17
Kent FOB 2.20 11.54 424.022.10 11.83 434.49
Lambton FOB 2.30 11.64 427.702.20 11.93 438.17
Middlesex FOB2.27 2.27 N/A N/A 11.61 426.592.17 11.90 437.07
PROCESSORS
Windsor 2.53 11.87 436.152.52 12.25 449.93
TRANSFER
Hamilton 2.65 11.99 440.562.55 12.28 451.03
Prescott 2.50 11.84 435.05 N/A
Port Colborne2.68 12.02 441.66 N/A
Toledo El. -0.36 8.98 330.09-0.46 9.26 340.34
Exchange rate was 1.32 down 0.0024
Chicago wheat closed slightly lower.
DEC19 HI 5.11 1/4 JUL20 HI 5.24 1/2
LOW 5.04 1/4 LOW 5.19
CLOSE 5.07 Down 4 CLOSE 5.22 1/4 Down 2 1/4
Minni wheat closed slightly to moderately lower.
DEC19 HI 5.51 SEP20 HI 5.86 3/4
LOW 5.44 1/2 LOW 5.83 1/4
CLOSE 5.45 1/2 Down 6 1/2 CLOSE 5.84 1/2 Down 3 3/4
GFO Cash Wheat Prices - DEL Terminal
Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 2.08 2.28 1.95 1.35
CAD $/bu 7.15 7.35 7.02 6.80
CAD $/tonne 262.87 270.15 258.02 250.02
Direct MarkHarvest 2019 Harvest 2020
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 1.65 N/A N/A N/A 1.20 N/A
London 1.75 2.01 1.62 N/A 1.33 1.53 1.20 N/A
Hensall 1.75 N/A 1.65 N/A 1.40 N/A 1.20 N/A
Trenton N/A N/A 1.65 N/A N/A N/A 1.30 N/A
Bruce 1.75 2.00 1.60 1.50 1.40 1.60 1.20 1.05
Essex N/A N/A 1.60 N/A N/A N/A 1.20 N/A
Norwich 1.75 N/A 1.65 N/A 1.40 N/A 1.20 N/A
Port Hope N/A N/A 1.65 N/A N/A N/A 1.30 N/A
Kent Bridge 1.75 N/A 1.65 N/A 1.40 N/A 1.20 N/A
Chatham N/A N/A 1.60 N/A N/A N/A 1.20 N/A
Brigden N/A N/A 1.60 N/A N/A N/A 1.20 N/A
Palmerston N/A N/A 1.62 1.36 N/A N/A 1.27 1.02
Varna 1.75 2.05 1.65 N/A 1.40 1.60 1.20 N/A
Mitchell 1.75 1.95 1.65 N/A 1.40 1.60 1.20 N/A
Thornton N/A N/A N/A 1.31 N/A N/A N/A N/A
North Gower N/A 1.90 1.65 1.05 N/A 1.82 1.47 1.00
W O Feed 2.26
TERMINAL
Port Colbor 2.09 2.36 2.03 N/A N/A N/A N/A N/A
PROCESSORS
Toledo FM N/A N/A 2.22 N/A N/A N/A 1.68 N/A
Toledo El. 5.25US 6.93CA 5.22US 6.90CA
GFO Contract Wheat Prices - DEL Terminal
Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 1.61 1.87 1.54 1.08
CAD $/bu 6.83 7.10 6.77 6.93
CAD $/tonne 251.07 260.77 248.64 254.58
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 521.18
DDG's FOB Srn & Aylm 225.00 - 235.00
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