FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, November 30
Exchange rate was 1.3425 down 0.0132
Chicago soybeans closed slightly higher.
JAN23 HI 14.78 1/2 NOV23 HI 14.03 3/4
LOW 14.57 1/4 LOW 13.91 1/2
CLOSE14.69 1/2 Up 10 CLOSE 13.99 Up 3
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +JAN23+JAN23+MAR23
CK Low 4.50 19.20 705.30 4.00 17.99 661.02
CK High 4.75 19.45 714.48 4.25 18.24 670.21
CK Average 4.66 -0.28 19.35 711.07 4.12 -0.50 18.11 665.43
Essex Cty 4.65 19.35 710.81 4.00 17.99 661.02
Mdsx Low 4.65 19.35 710.81 4.05 18.04 662.86
Mdsx High 4.70 19.40 712.64 4.18 18.17 667.63
Mdsx Average4.69 -0.26 19.38 712.09 4.11 -0.51 18.10 664.97
Hensall 4.70 19.40 712.64 4.10 18.09 664.69
Bruce 4.65 19.35 710.81 4.10 18.09 664.69
Putnam 4.70 19.40 712.64 4.10 18.09 664.69
Burford 4.76 19.46 714.85 4.25 18.24 670.21
Port Perry 4.60 19.30 708.97 4.09 18.08 664.33
Norfolk 4.65 19.35 710.81 4.05 18.04 662.86
Palmerston 4.81 19.51 716.69 N/A
Varna 4.70 19.40 712.64 4.10 18.09 664.69
Trenton 4.50 19.20 705.30 4.05 18.04 662.86
Winchester 4.48 19.18 704.56 4.15 18.14 666.53
North Gower 4.35 19.05 699.78 4.00 17.99 661.02
Vankleek Hil4.53 19.23 706.40 4.10 18.09 664.69
Huron FOB N/A 4.87 4.96 4.95 N/A
Kent FOB 4.75 19.45 714.48 4.05 18.04 662.86
Lambton FOB 4.70 19.40 712.64 N/A
Mdsx FOB 4.84 5.00 5.14 5.23 19.54 717.79 N/A
PROCESSORS
Windsor 5.51 20.21 742.41 4.66 18.65 685.27
TRANSFER
Hamilton 5.35 20.05 736.53 4.50 18.49 679.39
Prescott 4.80 19.50 716.32 4.23 18.22 669.47
Port Colborn5.37 20.07 737.26 4.65 18.64 684.90
Toledo El. -0.27 14.43 530.08 -0.60 13.39 491.85
Exchange rate was 1.3425 down 0.0132
Chicago wheat closed moderately higher.
DEC22 HI 7.72 3/4 JUL23 HI 8.11 3/4
LOW 7.57 1/4 LOW 7.96 1/4
CLOSE 7.71 1/2 Up 13 3/4 CLOSE 8.08 3/4 Up 11 3/4
Minni wheat closed slightly to moderately higher.
DEC22 HI 9.62 SEP23 HI 9.15 1/4
LOW 9.39 1/2 LOW 9.06
CLOSE 9.56 3/4 Up 16 1/2 CLOSE 9.12 1/2 Up 5 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 1.44 N/A N/A N/A 1.40 N/A
London 3.13 1.91 1.44 N/A 2.87 1.79 1.38 N/A
Hensall 4.30 N/A 1.45 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 2.44 1.94 1.44 1.01 2.45 1.95 1.45 1.15
Essex N/A N/A 1.39 N/A N/A N/A 1.35 N/A
Norwich 4.30 N/A 1.45 N/A 2.95 N/A 1.40 N/A
Port Hope N/A N/A 1.45 N/A N/A N/A 1.40 N/A
Kent Bridge 4.30 N/A 1.45 N/A 2.95 N/A 1.40 N/A
Chatham N/A N/A 1.39 N/A N/A N/A 1.35 N/A
Brigden N/A N/A 1.39 N/A N/A N/A 1.35 N/A
Palmerston N/A 2.17 1.36 2.20 N/A N/A N/A N/A
Varna 4.24 2.29 1.44 N/A 2.70 1.95 1.40 N/A
Mitchell 4.30 N/A 1.45 N/A 2.95 1.95 1.40 N/A
Thornton 3.13 1.91 1.44 2.20 2.87 1.79 1.38 N/A
North Gower N/A 0.99 1.39 1.18 N/A 1.10 1.50 1.17
W O Feed 2.41
TERMINAL
Port Colbor N/A N/A 1.64 N/A N/A N/A 1.92 N/A
PROCESSORS
Toledo FM N/A N/A 2.57 N/A N/A N/A 2.64 N/A
Toledo El. 7.56US 10.14CA 7.84US 10.52CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 680.91
DDG's FOB Aylm 360.00
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