|
|
|
|
|
|
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, May 17
Exchange rate was 1.3607 down 0.0001
Chicago soybeans closed mixed.
JUL24 HI 12.31 1/4 NOV24 HI 12.11
LOW 12.15 1/4 LOW 11.98 1/4
CLOSE12.28 Up 11 3/4 CLOSE 12.03 1/4 Up 4 1/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +JUL24+JUL24+AUG24
CK Low 3.35 15.63 574.30 3.20 15.23 559.70
CK High 3.50 15.78 579.82 3.45 15.48 568.88
CK Average 3.41 -0.75 15.69 576.35 3.27 -0.79 15.30 562.11
Essex Cty 3.45 15.73 577.98 3.25 15.28 561.54
Mdsx Low 3.34 15.62 573.94 3.16 15.19 558.23
Mdsx High 3.40 15.68 576.14 3.25 15.28 561.54
Mdsx Average3.37 -0.78 15.65 575.13 3.22 -0.83 15.25 560.25
Hensall 3.32 15.60 573.08 3.18 15.22 559.09
Bruce 3.35 15.63 574.30 3.15 15.18 557.86
Putnam 3.40 15.68 576.14 3.25 15.28 561.54
Guelph 3.27 15.55 571.36 3.11 15.14 556.39
Burford 3.39 15.67 575.77 3.21 15.24 560.07
Port Perry 3.23 15.51 569.89 3.05 15.08 554.19
Norfolk 3.35 15.63 574.30 3.25 15.28 561.54
Palmerston 3.30 15.58 572.47 3.15 15.18 557.86
Varna 3.30 15.58 572.47 3.15 15.18 557.86
Trenton N/A 3.15 15.18 557.86
Winchester 3.19 15.47 568.43 2.95 14.98 550.51
North Gower 2.90 15.18 557.77 2.95 14.98 550.51
Vankleek Hil3.27 15.55 571.36 2.92 14.95 549.41
Huron FOB 3.30 3.44 3.49 N/A 15.58 572.47 3.15 15.18 557.86
Kent FOB 3.65 15.93 585.33 3.20 15.23 559.70
Lambton FOB 3.52 15.80 580.55 N/A
Mdsx FOB 3.46 3.52 3.66 3.66 15.74 578.35 3.27 15.30 562.27
PROCESSORS
Windsor 4.02 16.30 598.92 3.76 15.79 580.28
TRANSFER
Hamilton 3.85 16.13 592.68 3.75 15.78 579.91
Prescott N/A 3.63 15.66 575.50
Port Colborn N/A 3.82 15.85 582.48
Toledo El. -0.54 11.74 431.21 -0.75 11.28 414.62
Exchange rate was 1.3607 down 0.0001
Chicago wheat closed slightly to moderately lower.
JUL24 HI 6.76 1/2 JUL24 HI 6.76 1/2
LOW 6.50 1/4 LOW 6.50 1/4
CLOSE 6.51 1/4 Down 12 CLOSE 6.51 1/4 Down 12
Minni wheat closed moderately lower.
JUL24 HI 7.29 1/2 SEP24 HI 7.39
LOW 7.10 LOW 7.21
CLOSE 7.11 1/2 Down 9 1/4 CLOSE 7.21 1/2 Down 8 3/4
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 1.50 N/A N/A N/A 1.50 N/A
London 1.71 1.98 1.44 N/A 1.91 1.95 1.44 N/A
Hensall 1.55 2.00 1.45 1.40 1.90 2.00 1.45 1.30
Trenton N/A N/A N/A N/A N/A N/A 1.45 N/A
Bruce N/A 1.90 1.50 N/A 1.80 1.90 1.50 0.95
Essex N/A N/A 1.45 N/A N/A N/A 1.45 N/A
Norwich N/A N/A 1.50 N/A 2.05 N/A 1.50 N/A
Belmore N/A N/A N/A N/A 1.30 1.50 1.45 0.85
Kent Bridge N/A N/A 1.50 N/A 2.05 N/A 1.50 N/A
Chatham N/A N/A 1.45 N/A N/A N/A 1.45 N/A
Brigden N/A N/A 1.45 N/A N/A N/A 1.45 N/A
Palmerston N/A N/A N/A N/A 1.30 1.50 1.45 0.85
Varna 1.55 2.00 1.45 N/A 1.90 2.00 1.45 N/A
Mitchell N/A N/A 1.50 N/A 2.05 2.00 1.50 N/A
Thornton 1.71 1.98 1.44 1.24 1.91 1.95 1.44 N/A
North Gower N/A 1.20 1.50 1.12 N/A 1.21 1.51 0.97
W O Feed 2.31
TERMINAL
Port Colbor N/A N/A 1.91 N/A N/A N/A 1.98 N/A
PROCESSORS
Toledo FM N/A N/A 2.01 N/A N/A N/A 2.15 N/A
Toledo El. 6.23US 8.48CA 6.31US 8.59CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 606.06
DDG's FOB Aylm 255.00
For more free DTN information sent right to your email each morning - click here to sign up for DTN Snapshot.
|
|
|