FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, February 15


FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, February 15
Exchange rate was 1.3241 down 0.0028
Chicago soybeans closed slightly higher.

MAR19 HI 9.09 3/4 NOV19 HI 9.53
LOW 9.01 1/4 LOW 9.45 1/2
CLOSE9.07 1/2 Up 4 CLOSE 9.52 Up 4

OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt
ELEVATORS +MAR1+MAY1+MAY19
CK Low 2.11 11.19 410.982.23 11.75 431.74
CK High 2.20 11.28 414.292.30 11.82 434.31
CK Average 2.16 -0.5911.24 412.822.26 -0.6011.78 432.96
Essex Cty 2.20 11.28 414.292.25 11.77 432.47
Mdsx Low 2.15 11.23 412.452.25 11.77 432.47
Mdsx High 2.15 11.23 412.452.27 11.79 433.21
Mdsx Average 2.15 -0.6011.23 412.452.26 -0.6011.78 432.84
Hensall 2.15 11.23 412.452.25 11.77 432.47
Bruce 2.15 11.23 412.452.25 11.77 432.47
Putnam 2.15 11.23 412.452.25 11.77 432.47
Burford 2.15 11.23 412.452.27 11.79 433.21
Port Perry 2.11 11.19 410.982.23 11.75 431.74
Norfolk 2.15 11.23 412.452.25 11.77 432.47
Palmerston 2.10 11.18 410.612.40 11.92 437.99
Varna 2.15 11.23 412.452.25 11.77 432.47
Trenton 2.10 11.18 410.612.25 11.77 432.47
Winchester 2.05 11.13 408.772.30 11.82 434.31
North Gower 2.10 11.18 410.612.28 11.80 433.58
Huron FOB 2.25 11.33 416.122.35 11.87 436.15
Kent FOB 2.40 11.48 421.632.25 11.77 432.47
Lambton FOB 2.40 11.48 421.632.35 11.87 436.15
Middlesex FOB2.08 2.14 2.19 2.24 11.16 409.882.35 11.87 436.15

PROCESSORS
Windsor 2.75 N/A N/A N/A 11.83 434.492.63 12.15 446.44

TRANSFER
Hamilton 2.50 11.58 425.312.70 12.22 449.01
Prescott N/A 2.70 12.22 449.01
Port Colborne N/A 2.70 12.22 449.01

Toledo El. -0.53 8.55 313.99-0.66 8.86 325.52


Exchange rate was 1.3241 down 0.0028
Chicago wheat closed slightly lower.
MAR19 HI 5.08 3/4 JUL19 HI 5.14 1/2
LOW 4.99 1/4 LOW 5.04 3/4
CLOSE 5.04 1/4 Down 2 3/4 CLOSE 5.09 1/4 Down 4

Minni wheat closed slightly lower.
MAR19 HI 5.77 SEP19 HI 5.79
LOW 5.70 LOW 5.72 1/2
CLOSE 5.73 Down 1 3/4 CLOSE 5.75 3/4 Down 1 1/4

GFO Cash Wheat Prices - DEL Terminal
Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 1.50 1.57 1.37 0.80
CAD $/bu 6.54 6.61 6.41 6.53
CAD $/tonne 240.46 242.89 235.59 239.85


Direct MarkHarvest 2018 Harvest 2019
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 1.25 N/A N/A N/A 1.15 N/A
London 1.41 1.48 1.15 N/A 1.42 1.49 1.16 N/A
Hensall 1.45 N/A 1.25 N/A 1.50 N/A 1.25 N/A
Trenton N/A N/A N/A N/A N/A N/A 1.15 N/A
Bruce 1.45 1.55 1.25 N/A 1.45 1.45 1.15 1.00
Essex N/A N/A 1.25 N/A N/A N/A 1.15 N/A
Norwich 1.45 N/A 1.25 N/A 1.50 N/A 1.25 N/A
Port Hope N/A N/A 1.25 N/A N/A 1.30 1.25 N/A
Kent Bridge 1.45 N/A 1.25 N/A 1.50 N/A 1.25 N/A
Chatham N/A N/A 1.25 N/A N/A N/A 1.15 N/A
Brigden N/A N/A 1.25 N/A N/A N/A 1.15 N/A
Palmerston N/A 1.55 1.15 1.10 N/A 1.59 1.24 1.00
Varna 1.45 1.55 1.25 N/A 1.45 1.45 1.15 N/A
Mitchell 1.45 1.25 1.25 N/A 1.50 1.30 1.25 N/A
Thornton N/A N/A N/A 0.55 N/A N/A N/A N/A
North Gower N/A 1.40 1.20 0.60 N/A 1.49 1.29 0.60
W O Feed 1.81

TERMINAL
Port Colbor N/A N/A N/A N/A 1.76 1.83 1.50 N/A

PROCESSORS
Toledo FM N/A N/A 1.83 N/A N/A N/A 1.77 N/A

Toledo El. 4.99US 6.61CA 4.94US 6.53CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 1.44 1.50 1.31 0.73
CAD $/bu 6.53 6.60 6.40 6.48
CAD $/tonne 239.97 242.39 235.11 238.27

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

FEED GRAINS
FOB Hm Soymeal 469.04
DDG's FOB Srn & Aylm 170.00 - 180.00