FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, May 15
Exchange rate was 1.3738 up 0.0032
Chicago soybeans closed slightly to moderately lower.
JUL26 HI 12.02 NOV26 HI 11.91 3/4
LOW 11.72 1/4 LOW 11.67
CLOSE11.77 Down 15 1/2 CLOSE 11.70 3/4 Down 12 3/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +JUL26+JUL26+AUG26
CK Low 4.03 15.80 580.55 3.27 14.98 550.33
CK High 4.15 15.92 584.96 3.45 15.16 556.94
CK Average 4.10 -0.22 15.87 583.26 3.38 -0.72 15.09 554.51
Essex Cty 4.15 15.92 584.96 3.40 15.11 555.11
Mdsx Low 4.03 15.80 580.55 3.27 14.98 550.33
Mdsx High 4.15 15.92 584.96 3.40 15.11 555.11
Mdsx Average4.11 -0.21 15.88 583.34 3.36 -0.74 15.07 553.78
Hensall 4.08 15.85 582.51 3.38 15.09 554.49
Bruce 4.10 15.87 583.12 3.40 15.11 555.11
Putnam 4.05 15.82 581.29 3.45 15.16 556.94
Guelph 4.00 15.77 579.45 3.29 15.00 551.06
Burford 4.15 15.92 584.96 3.39 15.10 554.74
Brantford 4.20 15.97 586.80 3.45 15.16 556.94
Port Perry 3.92 15.69 576.51 3.16 14.87 546.29
Norfolk 4.15 15.92 584.96 3.40 15.11 555.11
Palmerston 4.10 15.87 583.12 3.40 15.11 555.11
Varna 4.10 15.87 583.12 3.40 15.11 555.11
Trenton 3.45 15.22 559.24 3.35 15.06 553.27
Winchester N/A 3.36 15.07 553.64
North Gower 3.45 15.22 559.24 3.30 15.01 551.43
Vankleek Hil3.52 15.29 561.81 3.47 15.18 557.68
Huron FOB 4.27 4.36 4.39 N/A 16.04 589.37 N/A
Kent FOB 4.15 15.92 584.96 3.40 15.11 555.11
Lambton FOB 4.20 15.97 586.80 3.40 15.11 555.11
Mdsx FOB 3.98 4.11 4.18 N/A 15.75 578.71 3.40 15.11 555.11
PROCESSORS
Windsor 4.44 16.21 595.62 3.81 15.52 570.17
TRANSFER
Hamilton 4.85 16.62 610.68 3.95 15.66 575.31
Prescott 3.41 15.18 557.77 3.88 15.59 572.74
Port Colborn4.20 15.97 586.80 3.90 15.61 573.48
Toledo El. 0.07 11.84 435.00 -0.55 11.16 409.99
Exchange rate was 1.3738 up 0.0032
Chicago wheat closed lower.
JUL26 HI 6.63 1/2 JUL26 HI 6.63 1/2
LOW 6.31 1/2 LOW 6.31 1/2
CLOSE 6.35 3/4 Down 22 1/4 CLOSE 6.35 3/4 Down 22 1/4
Minni wheat closed lower.
JUL26 HI 7.05 SEP26 HI 7.24 1/2
LOW 6.80 LOW 7.00 1/4
CLOSE 6.85 1/4 Down 17 1/4 CLOSE 7.05 3/4 Down 17 1/4
Direct MarkHarvest 2025 Harvest 2026
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 1.30 N/A N/A N/A 1.30 N/A
London N/A 2.02 1.36 N/A N/A 1.81 1.30 N/A
Hensall 1.35 2.05 1.35 1.95 1.50 1.80 1.30 1.80
Trenton N/A N/A N/A N/A N/A N/A N/A N/A
Bruce 1.25 2.05 1.35 1.95 1.50 1.80 1.30 1.80
Essex N/A N/A N/A N/A N/A N/A 1.30 N/A
Norwich 1.30 N/A 1.30 N/A 1.40 N/A 1.30 N/A
Winchester N/A N/A N/A N/A N/A N/A N/A N/A
Belmore N/A N/A 1.35 N/A N/A 1.70 1.30 1.30
Kent Bridge 1.30 N/A 1.30 N/A 1.40 N/A 1.30 N/A
Chatham N/A N/A N/A N/A N/A N/A 1.30 N/A
Brigden N/A N/A 1.30 N/A N/A N/A 1.30 N/A
Palmerston N/A N/A 1.35 N/A N/A 1.70 1.30 1.30
Varna 1.35 2.45 1.35 N/A N/A 1.80 1.30 N/A
Mitchell 1.30 N/A 1.30 N/A 1.40 N/A 1.30 N/A
Thornton N/A 2.02 1.36 1.95 N/A 1.81 1.30 N/A
North Gower N/A 1.50 1.70 1.73 N/A 1.50 1.70 1.37
W O Feed 1.84
TERMINAL
Port Colbor N/A N/A 1.69 N/A N/A N/A 1.80 N/A
Toledo El. 6.21US 8.53CA 6.21US 8.53CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 553.70
DDG's FOB Aylm 280.00

