FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, June 25
Exchange rate was 1.3164 up 0.0000
Chicago soybeans closed slightly lower.
JUL19 HI 9.17 3/4 NOV19 HI 9.41 1/4
LOW 9.00 1/2 LOW 9.23 1/4
CLOSE9.03 1/2 Down 5 1/2 CLOSE 9.26 1/2 Down 6 1/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt
ELEVATORS +JUL1+AUG1+NOV19
CK Low 2.10 11.14 409.142.00 11.27 413.92
CK High 2.30 11.34 416.492.20 11.47 421.27
CK Average 2.27 -0.4511.30 415.272.10 -0.6311.37 417.59
Essex Cty 2.30 11.34 416.492.10 11.37 417.59
Mdsx Low 2.25 11.29 414.652.10 11.37 417.59
Mdsx High 2.30 11.34 416.492.15 11.42 419.43
Mdsx Average 2.28 -0.4411.31 415.572.13 -0.6111.39 418.51
Hensall 2.28 11.31 415.572.10 11.37 417.59
Bruce 2.20 11.24 412.822.05 11.32 415.76
Putnam 2.30 11.34 416.492.10 11.37 417.59
Burford 2.30 11.34 416.492.20 11.47 421.27
Port Perry 2.27 11.31 415.392.17 11.44 420.16
Norfolk 2.30 11.34 416.492.10 11.37 417.59
Palmerston 2.15 11.19 410.982.05 11.32 415.76
Varna 2.25 11.29 414.652.10 11.37 417.59
Trenton 2.20 11.24 412.822.05 11.32 415.76
Winchester N/A 1.95 11.22 412.08
North Gower 2.10 11.14 409.142.10 11.37 417.59
Huron FOB 2.40 11.44 420.162.20 11.47 421.27
Kent FOB 2.45 11.49 422.002.10 11.37 417.59
Lambton FOB 2.45 11.49 422.002.15 11.42 419.43
Middlesex FOB2.40 2.40 2.38 N/A 11.44 420.162.15 11.42 419.43
PROCESSORS
Windsor 2.81 11.85 435.232.36 11.63 427.15
TRANSFER
Hamilton 2.80 11.84 434.862.55 11.82 434.13
Prescott N/A 2.45 11.72 430.45
Port Colborne N/A 2.47 11.74 431.19
Toledo El. -0.26 8.77 322.31-0.66 8.61 316.25
Exchange rate was 1.3164 up 0.0000
Chicago wheat closed slightly lower.
JUL19 HI 5.45 1/2 JUL19 HI 5.45 1/2
LOW 5.34 LOW 5.34
CLOSE 5.35 3/4 Down 2 1/4 CLOSE 5.35 3/4 Down 2 1/4
Minni wheat closed slightly higher.
JUL19 HI 5.52 SEP19 HI 5.61 3/4
LOW 5.43 1/2 LOW 5.53 1/4
CLOSE 5.48 1/2 Up 5 CLOSE 5.57 Up 3 3/4
GFO Cash Wheat Prices - DEL Terminal
Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 1.70 1.76 1.56 0.81
CAD $/bu 7.05 7.12 6.92 6.30
CAD $/tonne 259.14 261.56 254.30 231.45
Direct MarkHarvest 2018 Harvest 2019
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 N/A N/A N/A N/A 1.55 N/A
London 1.64 2.03 1.57 N/A 1.67 2.00 1.54 N/A
Hensall 1.65 N/A 1.55 N/A 1.65 N/A 1.55 N/A
Trenton N/A N/A N/A N/A N/A N/A 1.60 N/A
Bruce 1.60 1.95 1.55 N/A 1.55 1.90 1.50 1.20
Essex N/A N/A 1.55 N/A N/A N/A 1.55 N/A
Norwich 1.65 N/A 1.55 N/A 1.65 N/A 1.55 N/A
Port Hope N/A N/A N/A N/A N/A 1.90 1.60 N/A
Kent Bridge 1.65 N/A 1.55 N/A 1.65 N/A 1.55 N/A
Chatham N/A N/A 1.55 N/A N/A N/A 1.55 N/A
Brigden N/A N/A 1.55 N/A N/A N/A 1.55 N/A
Palmerston N/A 1.90 1.50 1.40 N/A 1.89 1.54 1.20
Varna 1.75 1.95 1.55 N/A 1.60 1.90 1.50 N/A
Mitchell 1.65 1.90 1.55 N/A 1.65 1.90 1.55 N/A
Thornton N/A N/A N/A 1.91 N/A N/A N/A N/A
North Gower N/A N/A N/A N/A N/A 2.09 1.69 1.10
W O Feed 2.27
TERMINAL
Port Colbor N/A N/A N/A N/A 2.03 2.36 1.90 N/A
PROCESSORS
Toledo FM N/A N/A 1.89 N/A N/A N/A 1.89 N/A
Toledo El. 5.61US 7.38CA 5.61US 7.38CA
GFO Contract Wheat Prices - DEL Terminal
Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 1.96 2.22 1.83 1.24
CAD $/bu 7.32 7.58 7.18 6.81
CAD $/tonne 268.81 278.49 263.98 250.07
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 510.38
DDG's FOB Srn & Aylm 190.00
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