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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, July 26
Exchange rate was 1.3818 up 0.0025
Chicago soybeans closed moderately lower to lower.
NOV24 HI 10.80 1/2 NOV24 HI 10.80 1/2
LOW 10.45 LOW 10.45
CLOSE10.48 1/2 Down 31 CLOSE 10.48 1/2 Down 31
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +NOV24+NOV24+NOV24
CK Low 3.80 14.29 524.88 2.95 13.44 493.65
CK High 3.85 14.34 526.72 3.10 13.59 499.16
CK Average 3.83 -0.12 14.32 526.14 3.01 -0.72 13.49 495.75
Essex Cty 3.85 14.34 526.72 3.05 13.54 497.33
Mdsx Low 3.79 14.28 524.52 2.90 13.39 491.81
Mdsx High 3.85 14.34 526.72 3.10 13.59 499.16
Mdsx Average3.81 -0.14 14.30 525.25 3.00 -0.73 13.49 495.49
Hensall 3.87 14.35 527.33 3.00 13.49 495.49
Bruce 3.80 14.29 524.88 2.95 13.44 493.65
Putnam 3.80 14.29 524.88 3.10 13.59 499.16
Guelph 3.85 14.34 526.72 3.10 13.59 499.16
Burford 3.84 14.33 526.35 2.95 13.44 493.65
Port Perry 3.68 14.17 520.47 2.79 13.28 487.77
Norfolk 3.85 14.34 526.72 3.05 13.54 497.33
Palmerston 3.90 14.39 528.56 3.00 13.49 495.49
Varna 3.90 14.39 528.56 3.00 13.49 495.49
Trenton N/A 2.85 13.34 489.98
Winchester 3.11 13.60 499.53 2.75 13.24 486.30
North Gower 3.29 13.78 506.14 2.75 13.24 486.30
Vankleek Hil2.87 13.36 490.71 2.87 13.36 490.71
Huron FOB N/A 4.00 N/A 3.00 3.00 13.49 495.49
Kent FOB 3.85 14.34 526.72 3.00 13.49 495.49
Lambton FOB 3.43 13.92 511.29 N/A
Mdsx FOB 3.47 3.73 N/A 3.01 13.96 512.76 3.01 13.50 495.86
PROCESSORS
Windsor 3.96 14.45 530.76 3.35 13.84 508.35
TRANSFER
Hamilton 4.45 14.94 548.77 3.55 14.04 515.70
Prescott N/A 3.31 13.80 506.88
Port Colborn3.63 14.12 518.64 3.63 14.12 518.64
Toledo El. 0.35 10.83 397.95 -0.83 9.66 354.79
Exchange rate was 1.3818 up 0.0025
Chicago wheat closed moderately lower to lower.
SEP24 HI 5.41 1/4 JUL25 HI 6.01 3/4
LOW 5.22 LOW 5.84 3/4
CLOSE 5.23 1/2 Down 14 1/4 CLOSE 5.86 3/4 Down 13
Minni wheat closed moderately lower to lower.
SEP24 HI 6.12 3/4 SEP25 HI 6.40 3/4
LOW 5.86 1/2 LOW 6.40 3/4
CLOSE 5.88 1/2 Down 15 1/4 CLOSE 6.40 3/4 Down 12 1/2
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 1.05 N/A N/A N/A 1.15 N/A
London 1.82 1.82 1.05 N/A 1.50 1.77 1.08 N/A
Hensall 1.85 1.85 1.10 1.45 1.80 1.95 1.15 N/A
Trenton N/A N/A 1.10 N/A N/A N/A 1.15 N/A
Bruce 1.85 1.85 1.15 1.20 1.75 1.85 1.15 N/A
Essex N/A N/A 1.05 N/A N/A N/A 1.20 N/A
Norwich 1.90 N/A 1.05 N/A 1.85 N/A 1.15 N/A
Winchester N/A N/A 1.30 N/A N/A N/A N/A N/A
Belmore 1.30 1.70 1.20 1.05 N/A 1.55 1.15 N/A
Kent Bridge 1.90 N/A 1.05 N/A 1.85 N/A 1.15 N/A
Chatham N/A N/A 1.05 N/A N/A N/A 1.20 N/A
Brigden N/A N/A 1.05 N/A N/A N/A 1.20 N/A
Palmerston 1.30 1.70 1.20 1.05 N/A 1.55 1.15 N/A
Varna 1.85 1.85 1.10 N/A 1.80 1.95 1.15 N/A
Mitchell 1.90 1.85 1.10 N/A 1.85 1.90 1.15 N/A
Thornton 1.82 1.82 1.05 1.41 1.50 1.77 1.08 N/A
North Gower N/A 1.05 1.35 1.02 N/A 1.00 1.31 0.67
W O Feed 1.55
TERMINAL
Port Colbor N/A N/A 1.51 N/A N/A N/A 1.42 N/A
PROCESSORS
Toledo FM N/A N/A N/A N/A N/A N/A N/A N/A
Toledo El. 4.89US 6.75CA 5.62US 7.76CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 657.32
DDG's FOB Aylm 205.00
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