FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, September 16
Exchange rate was 1.3557 down 0.0005
Chicago soybeans closed slightly lower.
NOV24 HI 10.12 NOV24 HI 10.12
LOW 9.99 LOW 9.99
CLOSE10.04 1/2 Down 1 3/4 CLOSE 10.04 1/2 Down 1 3/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +NOV24+NOV24+JAN25
CK Low 2.64 12.69 466.09 2.64 12.69 466.09
CK High 2.70 12.75 468.30 2.75 12.80 470.14
CK Average 2.67 -0.67 12.72 467.20 2.69 -0.65 12.74 468.02
Essex Cty N/A 2.70 12.75 468.30
Mdsx Low 2.62 12.67 465.36 2.62 12.67 465.36
Mdsx High 2.62 12.67 465.36 2.70 12.75 468.30
Mdsx Average2.62 -0.70 12.67 465.36 2.66 -0.68 12.70 466.65
Hensall N/A 2.65 12.70 466.46
Bruce N/A 2.65 12.70 466.46
Putnam N/A 2.65 12.70 466.46
Guelph N/A 2.64 12.69 466.09
Burford 2.68 12.73 467.56 2.68 12.73 467.56
Port Perry 2.52 12.57 461.68 2.52 12.57 461.68
Norfolk N/A 2.75 12.80 470.14
Palmerston N/A 2.55 12.60 462.79
Varna 2.60 12.65 464.62 2.65 12.70 466.46
Trenton N/A 2.55 12.60 462.79
Winchester N/A 2.52 12.57 461.68
North Gower N/A 2.40 12.45 457.28
Vankleek Hil2.51 12.56 461.32 2.51 12.56 461.32
Huron FOB N/A 2.55 2.55 2.68 2.55 12.60 462.79
Kent FOB 2.70 12.75 468.30 2.70 12.75 468.30
Lambton FOB N/A 2.70 12.75 468.30
Mdsx FOB 2.60 2.71 2.71 2.70 12.65 464.62 2.71 12.76 468.67
PROCESSORS
Windsor 3.19 13.24 486.30 2.98 13.03 478.59
TRANSFER
Hamilton 3.25 13.30 488.51 3.25 13.30 488.51
Prescott N/A 2.94 12.99 477.12
Port Colborn3.25 13.30 488.51 3.25 13.30 488.51
Toledo El. -0.88 9.16 336.71 -0.88 9.16 336.71
Exchange rate was 1.3557 down 0.0005
Chicago wheat closed moderately lower to lower.
DEC24 HI 5.96 JUL25 HI 6.27 1/2
LOW 5.74 1/4 LOW 6.09 1/4
CLOSE 5.78 1/2 Down 16 1/4 CLOSE 6.13 3/4 Down 13 1/4
Minni wheat closed moderately lower to lower.
DEC24 HI 6.33 SEP25 HI 6.62
LOW 6.13 1/4 LOW 6.58 1/4
CLOSE 6.19 3/4 Down 15 3/4 CLOSE 6.62 Down 12 1/2
Direct MarkHarvest 2024 Harvest 2025
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 0.70 N/A N/A N/A 1.05 N/A
London 1.75 1.58 0.70 N/A 1.86 1.86 1.05 N/A
Hensall 1.60 1.60 0.70 1.10 1.75 1.90 1.05 1.25
Trenton N/A N/A 0.60 N/A N/A N/A 1.05 N/A
Bruce 1.50 1.50 0.70 0.85 1.75 1.85 1.05 1.10
Essex N/A N/A 0.70 N/A N/A N/A 1.05 N/A
Norwich 1.65 N/A 0.70 N/A 1.90 N/A 1.05 N/A
Winchester N/A N/A 0.85 N/A N/A N/A N/A N/A
Belmore 1.20 1.40 0.65 0.85 N/A 1.55 1.00 N/A
Kent Bridge 1.65 N/A 0.70 N/A 1.90 N/A 1.05 N/A
Chatham N/A N/A 0.70 N/A N/A N/A 1.05 N/A
Brigden N/A N/A 0.70 N/A N/A N/A 1.05 N/A
Palmerston 1.20 1.40 0.65 0.85 N/A 1.55 1.00 N/A
Varna 1.60 1.60 0.70 N/A 1.75 2.15 1.05 N/A
Mitchell 1.65 1.60 0.70 N/A 1.90 1.90 1.05 N/A
Thornton 1.75 1.58 0.70 1.05 1.86 1.86 1.05 N/A
North Gower N/A 0.60 0.85 0.62 N/A 1.01 1.31 0.67
W O Feed 1.36
TERMINAL
Port Colbor N/A N/A 1.27 N/A N/A N/A 1.45 N/A
PROCESSORS
Toledo FM N/A N/A 1.58 N/A N/A N/A N/A N/A
Toledo El. 5.54US 7.50CA 5.89US 7.98CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 633.95
DDG's FOB Aylm NA
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