FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, June 22


FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, June 22
Exchange rate was 1.3263 down 0.0018
Chicago soybeans closed slightly to moderately higher.

JUL18 HI 8.97 1/2 NOV18 HI 9.19
LOW 8.78 3/4 LOW 9.00
CLOSE8.94 1/2 Up 14 CLOSE 9.16 1/4 Up 14 3/4

OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt
ELEVATORS +JUL1+AUG1+NOV18
CK Low 2.50 11.45 420.532.50 11.66 428.52
CK High 2.60 11.55 424.212.60 11.76 432.20
CK Average 2.58 -0.2511.53 423.532.56 -0.3211.72 430.79
Essex Cty 2.50 11.45 420.532.45 11.61 426.69
Mdsx Low 2.59 11.54 423.842.57 11.73 431.10
Mdsx High 2.60 11.55 424.212.70 11.86 435.87
Mdsx Average 2.60 -0.2411.54 424.022.64 -0.2711.80 433.48
Hensall 2.60 11.55 424.212.70 11.86 435.87
Bruce 2.60 11.55 424.212.70 11.86 435.87
Putnam 2.45 11.40 418.692.40 11.56 424.85
Burford 2.66 11.61 426.412.64 11.80 433.67
Port Perry 2.56 11.51 422.742.54 11.70 429.99
Norfolk 2.60 11.55 424.212.70 11.86 435.87
Palmerston 2.55 11.50 422.372.55 11.71 430.36
Varna 2.55 11.50 422.372.70 11.86 435.87
Trenton 2.55 11.50 422.372.60 11.76 432.20
Winchester 2.35 11.30 415.022.40 11.56 424.85
North Gower 2.30 11.25 413.182.35 11.51 423.01
Huron FOB 2.70 11.65 427.882.80 11.96 439.55
Kent FOB 2.65 11.60 426.042.60 11.76 432.20
Lambton FOB 2.65 11.60 426.042.60 11.76 432.20
Middlesex FOB2.76 2.83 2.77 N/A 11.71 430.092.74 11.90 437.34

PROCESSORS
Windsor 3.00 11.95 438.902.74 11.90 437.34

TRANSFER
Hamilton N/A 3.00 12.16 446.90
Prescott 2.34 11.29 414.652.93 12.09 444.32

Toledo El. -0.20 8.75 321.36-0.40 8.76 322.04


Exchange rate was 1.3263 down 0.0018
Chicago wheat closed slightly lower.
JUL18 HI 4.97 1/2 JUL18 HI 4.97 1/2
LOW 4.87 LOW 4.87
CLOSE 4.91 1/4 Down 4 CLOSE 4.91 1/4 Down 4

Minni wheat closed slightly lower.
JUL18 HI 5.55 SEP18 HI 5.67 3/4
LOW 5.47 3/4 LOW 5.60
CLOSE 5.49 Down 3 3/4 CLOSE 5.61 Down 3 3/4

GFO Cash Wheat Prices - DEL Terminal
Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 1.50 1.43 1.23 0.33
CAD $/bu 6.41 6.34 6.14 5.82
CAD $/tonne 235.50 233.06 225.75 213.93


Direct MarkHarvest 2017 Harvest 2018
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 1.10 N/A N/A N/A 1.15 N/A
London 1.16 1.49 1.16 N/A 1.29 1.29 1.16 N/A
Hensall 1.15 N/A 1.10 N/A 1.20 N/A 1.15 N/A
Trenton N/A N/A N/A N/A N/A N/A 1.15 N/A
Bruce 1.15 1.15 1.10 N/A 1.20 1.30 1.15 0.55
Essex N/A N/A 0.95 N/A N/A N/A 1.11 N/A
Norwich 1.15 N/A 1.10 N/A 1.20 N/A 1.15 N/A
Port Hope N/A N/A 1.10 N/A N/A 1.15 1.15 N/A
Kent Bridge 1.15 N/A 1.10 N/A 1.20 N/A 1.15 N/A
Chatham N/A N/A 1.05 N/A N/A N/A 1.10 N/A
Brigden N/A N/A 1.05 N/A N/A N/A 1.10 N/A
Palmerston N/A 1.00 1.00 0.35 N/A 1.10 1.05 0.55
Varna 1.35 1.25 1.05 N/A 1.30 1.30 1.10 N/A
Mitchell 1.15 1.15 1.10 N/A 1.20 1.30 1.15 N/A
Thornton N/A N/A N/A 0.71 N/A N/A N/A N/A
North Gower N/A 1.26 1.06 0.15 N/A 1.54 1.40 0.29
W O Feed 1.58


PROCESSORS
Toledo FM N/A N/A 1.87 N/A N/A N/A 1.87 N/A

Toledo El. 5.01US 6.65CA 5.01US 6.65CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 1.47 1.54 1.44 0.37
CAD $/bu 6.38 6.45 6.36 5.98
CAD $/tonne 234.52 236.96 233.55 219.78

(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange

FEED GRAINS
FOB Hm Soymeal 519.31
DDG's FOB Srn & Aylm 250.00