FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, November 26
Exchange rate was 1.2779 up 0.0130
Chicago soybeans closed slightly lower.
JAN22 HI 12.54 NOV22 HI 12.42
LOW 12.40 1/4 LOW 12.32 1/2
CLOSE12.52 3/4 Down 13 3/4 CLOSE 12.40 1/4 Down 9 1/2
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +JAN22+JAN22+MAR22
CK Low 3.00 15.53 570.54 2.55 14.95 549.41
CK High 3.02 15.55 571.27 2.75 15.15 556.76
CK Average 3.00 -0.37 15.53 570.64 2.63 -0.64 15.03 552.35
Essex Cty 3.00 15.53 570.54 2.55 14.95 549.41
Mdsx Low 3.00 15.53 570.54 2.65 15.05 553.08
Mdsx High 3.06 15.59 572.74 2.65 15.05 553.08
Mdsx Average3.03 -0.35 15.56 571.64 2.65 -0.62 15.05 553.08
Hensall 3.00 15.53 570.54 2.62 15.02 551.86
Bruce 2.95 15.48 568.70 2.65 15.05 553.08
Putnam 3.00 15.53 570.54 2.65 15.05 553.08
Burford 3.13 15.66 575.31 2.72 15.12 555.66
Port Perry 3.01 15.54 570.91 2.60 15.00 551.25
Norfolk 3.00 15.53 570.54 2.60 15.00 551.25
Palmerston 3.02 15.55 571.27 2.58 14.98 550.51
Varna 3.00 15.53 570.54 2.60 15.00 551.25
Trenton 2.95 15.48 568.70 2.65 15.05 553.08
Winchester 3.02 15.55 571.27 2.70 15.10 554.92
North Gower 2.87 15.40 565.76 2.72 15.12 555.66
Vankleek Hil3.13 15.66 575.31 2.82 15.22 559.33
Huron FOB 3.30 3.37 3.43 3.50 15.83 581.56 N/A
Kent FOB 3.30 15.83 581.56 2.60 15.00 551.25
Lambton FOB 3.20 15.73 577.89 2.75 15.15 556.76
Mdsx FOB 3.13 3.31 3.38 3.35 15.66 575.31 2.85 15.25 560.43
PROCESSORS
Windsor 3.78 16.31 599.20 2.98 15.38 565.21
TRANSFER
Hamilton 3.60 16.13 592.58 3.00 15.40 565.94
Prescott 3.45 15.98 587.07 3.14 15.54 571.09
Port Colborn3.41 15.94 585.60 3.25 15.65 575.13
Toledo El. -0.26 12.27 450.92 -0.51 11.89 436.93
Exchange rate was 1.2779 up 0.0130
Chicago wheat closed slightly to moderately lower.
DEC21 HI 8.30 1/2 JUL22 HI 8.37 1/4
LOW 8.10 LOW 8.19 1/4
CLOSE 8.25 1/2 Down 11 1/4 CLOSE 8.34 Down 9 1/4
Minni wheat closed narrowly mixed.
DEC21 HI 10.43 1/2 SEP22 HI 9.45
LOW 10.12 3/4 LOW 9.30 1/4
CLOSE 10.39 1/2 Up 2 3/4 CLOSE 9.42 Down 2 1/4
Direct MarkHarvest 2021 Harvest 2022
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 1.20 N/A N/A N/A 1.65 N/A
London 1.25 1.64 1.19 N/A 1.85 1.85 1.66 N/A
Hensall 1.25 N/A 1.25 N/A 2.25 N/A 1.65 N/A
Trenton N/A N/A N/A N/A N/A N/A 1.65 N/A
Bruce 1.00 N/A 1.00 N/A 2.00 1.85 1.65 1.30
Essex N/A N/A 1.20 N/A N/A N/A 1.65 N/A
Norwich 1.25 N/A 1.25 N/A 2.25 N/A 1.65 N/A
Port Hope N/A N/A 1.10 N/A N/A N/A 1.65 N/A
Kent Bridge 1.25 N/A 1.25 N/A 2.25 N/A 1.65 N/A
Chatham N/A N/A 1.20 N/A N/A N/A 1.70 N/A
Brigden N/A N/A 1.20 N/A N/A N/A 1.70 N/A
Palmerston N/A N/A 1.27 1.99 N/A N/A 1.70 1.93
Varna 1.45 1.95 1.20 N/A 2.25 1.85 1.70 N/A
Mitchell 1.25 1.80 1.25 N/A 2.25 1.90 1.65 N/A
Thornton 1.25 1.64 1.19 1.48 1.85 1.85 1.66 N/A
North Gower N/A 0.85 1.25 1.17 N/A N/A 1.36 N/A
W O Feed 2.24
TERMINAL
Port Colbor N/A N/A 1.77 N/A N/A N/A 1.99 N/A
PROCESSORS
Toledo FM N/A N/A 2.68 N/A N/A N/A 2.45 N/A
Toledo El. 8.11US 10.36CA 8.29US 10.59CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 596.58
DDG's FOB Srn & Aylm 205.00 - 220.00
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