FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, October 14
Exchange rate was 1.3773 up 0.0038
Chicago soybeans closed slightly lower.
NOV24 HI 10.08 1/2 NOV25 HI 10.57 3/4
LOW 9.95 1/2 LOW 10.46 1/4
CLOSE9.96 Down 9 1/2 CLOSE 10.47 Down 8 3/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +NOV24+JAN25+JAN25
CK Low 2.75 12.71 467.01 2.75 13.22 485.75
CK High 2.90 12.86 472.52 2.85 13.32 489.43
CK Average 2.81 -0.69 12.77 469.08 2.78 -0.85 13.25 486.72
Essex Cty 2.75 12.71 467.01 2.80 13.27 487.59
Mdsx Low 2.78 12.74 468.11 2.74 13.21 485.38
Mdsx High 2.85 12.81 470.69 2.90 13.37 491.26
Mdsx Average2.81 -0.69 12.77 469.07 2.80 -0.84 13.27 487.52
Hensall 2.80 12.76 468.85 2.73 13.20 485.14
Bruce 2.80 12.76 468.85 2.75 13.22 485.75
Putnam 2.85 12.81 470.69 2.90 13.37 491.26
Guelph 2.82 12.78 469.58 2.72 13.19 484.65
Burford 2.84 12.80 470.32 2.80 13.27 487.59
Port Perry 2.65 12.61 463.34 2.61 13.08 480.61
Norfolk 2.85 12.81 470.69 2.80 13.27 487.59
Palmerston 2.80 12.76 468.85 2.75 13.22 485.75
Varna 2.80 12.76 468.85 2.75 13.22 485.75
Trenton 2.65 12.61 463.34 2.80 13.27 487.59
Winchester 2.70 12.66 465.18 3.00 13.47 494.94
North Gower 2.55 12.51 459.66 2.55 13.02 478.40
Vankleek Hil2.91 12.87 472.89 2.78 13.25 486.85
Huron FOB 2.80 2.80 2.95 3.02 12.76 468.85 N/A
Kent FOB 2.80 12.76 468.85 2.75 13.22 485.75
Lambton FOB 2.85 12.81 470.69 2.75 13.22 485.75
Mdsx FOB 2.90 2.97 2.96 3.03 12.86 472.52 3.01 13.48 495.31
PROCESSORS
Windsor 3.16 13.12 482.08 3.24 13.71 503.76
TRANSFER
Hamilton 3.35 13.31 489.06 3.20 13.67 502.29
Prescott 3.18 13.14 482.81 N/A
Port Colborn3.44 13.40 492.37 3.41 13.88 510.00
Toledo El. -0.69 9.27 340.66 -0.76 9.71 356.87
Exchange rate was 1.3773 up 0.0038
Chicago wheat closed lower.
DEC24 HI 6.01 JUL25 HI 6.40 3/4
LOW 5.84 1/4 LOW 6.24
CLOSE 5.85 1/4 Down 13 3/4 CLOSE 6.24 3/4 Down 14 3/4
Minni wheat closed lower.
DEC24 HI 6.44 3/4 SEP25 HI 6.82 1/4
LOW 6.25 3/4 LOW 6.69 1/2
CLOSE 6.26 1/2 Down 17 1/4 CLOSE 6.69 1/2 Down 16
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 0.75 N/A N/A N/A 1.05 N/A
London 1.84 1.70 0.75 N/A 1.99 1.89 1.04 N/A
Hensall 1.65 1.65 0.75 1.15 1.75 1.90 1.05 1.25
Trenton N/A N/A N/A N/A N/A N/A 1.15 N/A
Bruce 1.55 1.50 0.75 0.85 1.75 1.85 1.05 1.10
Essex N/A N/A 0.80 N/A N/A N/A 1.15 N/A
Norwich 1.70 N/A 0.75 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 0.75 0.85 N/A 1.55 1.05 N/A
Kent Bridge 1.70 N/A 0.75 N/A 1.90 N/A 1.05 N/A
Chatham N/A N/A 0.80 N/A N/A N/A 1.15 N/A
Brigden N/A N/A 0.80 N/A N/A N/A 1.15 N/A
Palmerston 1.20 1.40 0.75 0.85 N/A 1.55 1.05 N/A
Varna 1.65 1.65 0.75 N/A 1.75 2.15 1.05 N/A
Mitchell 1.70 1.65 0.75 N/A 1.90 1.90 1.05 N/A
Thornton 1.84 1.70 0.75 1.16 1.99 1.89 1.04 N/A
North Gower N/A 0.60 0.80 0.62 N/A 0.94 1.24 0.62
W O Feed 1.51
TERMINAL
Port Colbor N/A N/A 1.42 N/A N/A N/A 1.64 N/A
PROCESSORS
Toledo FM N/A N/A 2.00 N/A N/A N/A 2.15 N/A
Toledo El. 5.60US 7.72CA 6.00US 8.26CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 526.14
DDG's FOB Aylm 218.00
