15-Aug-2024
03:30:16
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, August 15
Exchange rate was 1.371 up 0.0005
Chicago soybeans closed steady to slightly higher.
NOV24 HI 9.78 1/4 NOV24 HI 9.78 1/4
LOW 9.67 1/2 LOW 9.67 1/2
CLOSE9.68 1/2 Unchanged CLOSE 9.68 1/2 Unchanged
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +NOV24+NOV24+NOV24
CK Low 2.95 12.64 464.26 2.60 12.29 451.40
CK High 3.15 12.84 471.61 2.75 12.44 456.91
CK Average 3.11 -0.35 12.79 470.03 2.64 -0.70 12.32 452.71
Essex Cty 3.15 12.84 471.61 2.65 12.34 453.23
Mdsx Low 3.10 12.79 469.77 2.58 12.27 450.66
Mdsx High 3.15 12.84 471.61 2.75 12.44 456.91
Mdsx Average3.12 -0.35 12.81 470.50 2.63 -0.70 12.32 452.59
Hensall 3.10 12.79 469.77 2.57 12.25 450.17
Bruce 3.10 12.79 469.77 2.55 12.24 449.56
Putnam 3.10 12.79 469.77 2.75 12.44 456.91
Guelph 3.10 12.79 469.77 2.60 12.29 451.40
Burford 3.19 12.88 473.08 2.64 12.33 452.87
Port Perry 3.03 12.72 467.20 2.48 12.17 446.99
Norfolk 3.15 12.84 471.61 2.65 12.34 453.23
Palmerston 3.10 12.79 469.77 2.55 12.24 449.56
Varna 3.10 12.79 469.77 2.55 12.24 449.56
Trenton N/A 2.45 12.14 445.88
Winchester N/A 2.46 12.15 446.25
North Gower 3.12 12.81 470.50 2.50 12.19 447.72
Vankleek Hil2.44 12.13 445.52 2.44 12.13 445.52
Huron FOB 3.10 N/A 2.55 2.55 12.79 469.77 2.55 12.24 449.56
Kent FOB 3.00 12.69 466.09 2.60 12.29 451.40
Lambton FOB 3.20 12.89 473.44 2.65 12.34 453.23
Mdsx FOB 2.81 3.01 2.57 2.57 12.50 459.11 2.57 12.26 450.29
PROCESSORS
Windsor 3.36 13.05 479.32 2.96 12.65 464.62
TRANSFER
Hamilton 3.55 13.24 486.30 3.15 12.84 471.61
Prescott N/A 2.88 12.57 461.68
Port Colborn3.18 12.87 472.71 3.18 12.87 472.71
Toledo El. -0.27 9.41 345.79 -0.96 8.73 320.60
Exchange rate was 1.371 up 0.0005
Chicago wheat closed slightly lower.
SEP24 HI 5.47 3/4 JUL25 HI 6.00 1/2
LOW 5.27 LOW 5.84 1/4
CLOSE 5.28 1/4 Down 6 1/2 CLOSE 5.85 3/4 Down 5
Minni wheat closed slightly lower.
SEP24 HI 6.01 1/4 SEP25 HI 6.39
LOW 5.83 3/4 LOW 6.39
CLOSE 5.86 1/4 Down 5 3/4 CLOSE 6.39 Down 6
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 1.00 N/A N/A N/A 1.10 N/A
London 1.79 1.79 1.01 N/A 1.45 1.72 1.12 N/A
Hensall 1.85 1.85 1.00 1.40 1.75 1.90 1.10 N/A
Trenton N/A N/A 1.15 N/A N/A N/A 1.15 N/A
Bruce 1.70 1.80 1.00 1.10 1.75 1.85 1.15 N/A
Essex N/A N/A 1.00 N/A N/A N/A 1.10 N/A
Norwich 1.90 N/A 1.00 N/A 1.85 N/A 1.10 N/A
Winchester N/A N/A 1.35 N/A N/A N/A N/A N/A
Belmore 1.30 1.70 1.10 1.05 N/A 1.55 1.10 N/A
Kent Bridge 1.90 N/A 1.00 N/A 1.85 N/A 1.10 N/A
Chatham N/A N/A 1.00 N/A N/A N/A 1.10 N/A
Brigden N/A N/A 1.00 N/A N/A N/A 1.10 N/A
Palmerston 1.30 1.70 1.10 1.05 N/A 1.55 1.10 N/A
Varna 1.85 1.85 1.00 N/A 1.75 1.90 1.10 N/A
Mitchell 1.90 1.85 1.00 N/A 1.85 1.90 1.10 N/A
Thornton 1.79 1.79 1.01 1.32 1.45 1.72 1.12 N/A
North Gower N/A 1.05 1.35 1.02 N/A 1.01 1.31 0.67
W O Feed 1.58
TERMINAL
Port Colbor N/A N/A 1.47 N/A N/A N/A 1.51 N/A
PROCESSORS
Toledo FM N/A N/A N/A N/A N/A N/A N/A N/A
Toledo El. 4.93US 6.76CA 5.61US 7.69CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 613.89
DDG's FOB Aylm 205.00