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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, September 26
Exchange rate was 1.3446 down 0.0004
Chicago soybeans closed slightly lower.
NOV24 HI 10.64 3/4 NOV24 HI 10.64 3/4
LOW 10.39 3/4 LOW 10.39 3/4
CLOSE10.41 Down 12 1/4 CLOSE 10.41 Down 12 1/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +NOV24+NOV24+JAN25
CK Low 2.70 13.11 481.71 2.70 13.11 481.71
CK High 2.70 13.11 481.71 2.80 13.21 485.38
CK Average 2.70 -0.66 13.11 481.71 2.73 -0.64 13.14 482.77
Essex Cty N/A 2.70 13.11 481.71
Mdsx Low 2.70 13.11 481.71 2.70 13.11 481.71
Mdsx High 2.70 13.11 481.71 2.75 13.16 483.55
Mdsx Average2.70 -0.66 13.11 481.71 2.71 -0.65 13.12 482.15
Hensall N/A 2.70 13.11 481.71
Bruce N/A 2.65 13.06 479.87
Putnam N/A 2.75 13.16 483.55
Guelph N/A 2.70 13.11 481.71
Burford N/A 2.77 13.18 484.28
Port Perry N/A 2.61 13.02 478.40
Norfolk 2.75 13.16 483.55 2.75 13.16 483.55
Palmerston N/A 2.70 13.11 481.71
Varna N/A 2.70 13.11 481.71
Trenton N/A 2.60 13.01 478.04
Winchester N/A 2.55 12.96 476.20
North Gower N/A 2.40 12.81 470.69
Vankleek Hil N/A 2.62 13.03 478.77
Huron FOB N/A 2.70 2.70 2.87 2.70 13.11 481.71
Kent FOB 2.70 13.11 481.71 2.70 13.11 481.71
Lambton FOB N/A 2.70 13.11 481.71
Mdsx FOB 2.73 2.76 2.76 2.76 13.14 482.81 2.76 13.17 483.91
PROCESSORS
Windsor 3.12 13.53 497.14 3.06 13.47 494.94
TRANSFER
Hamilton 3.30 13.71 503.76 3.30 13.71 503.76
Prescott N/A 2.98 13.39 492.00
Port Colborn N/A 3.38 13.79 506.70
Toledo El. -0.56 9.85 361.75 -0.87 9.54 350.39
Exchange rate was 1.3446 down 0.0004
Chicago wheat closed slightly lower.
DEC24 HI 5.96 1/4 JUL25 HI 6.29 1/2
LOW 5.82 3/4 LOW 6.17 3/4
CLOSE 5.84 1/4 Down 5 CLOSE 6.20 Down 3 1/4
Minni wheat closed slightly lower.
DEC24 HI 6.24 1/2 SEP25 HI 6.63
LOW 6.10 3/4 LOW 6.58 1/4
CLOSE 6.11 1/2 Down 5 1/2 CLOSE 6.58 1/4 Down 4 1/4
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 1.00 N/A
London 1.71 1.58 0.68 N/A 1.83 1.83 1.02 N/A
Hensall 1.60 1.60 0.70 1.10 1.70 1.85 1.00 1.20
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 1.70 1.80 1.00 1.10
Essex N/A N/A 0.70 N/A N/A N/A 1.00 N/A
Norwich 1.65 N/A 0.70 N/A 1.90 N/A 1.05 N/A
Winchester N/A N/A N/A N/A N/A N/A N/A N/A
Belmore 1.20 1.40 0.70 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 1.00 N/A
Brigden N/A N/A 0.70 N/A N/A N/A 1.00 N/A
Palmerston 1.20 1.40 0.70 0.85 N/A 1.55 1.00 N/A
Varna 1.60 1.60 0.70 N/A 1.70 2.10 1.00 N/A
Mitchell 1.65 1.60 0.70 N/A 1.90 1.90 1.05 N/A
Thornton 1.71 1.58 0.68 1.03 1.83 1.83 1.02 N/A
North Gower N/A 0.60 0.85 0.62 N/A 1.01 1.31 0.67
W O Feed 1.34
TERMINAL
Port Colbor N/A N/A 1.24 N/A N/A N/A 1.42 N/A
PROCESSORS
Toledo FM N/A N/A 1.54 N/A N/A N/A N/A N/A
Toledo El. N/A 5.95US 8.00CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 561.31
DDG's FOB Aylm 215.00
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