FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, August 15


FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, August 15
Exchange rate was 1.3133 up 0.0058
Chicago soybeans closed slightly lower.

NOV18 HI 8.84 NOV18 HI 8.84
LOW 8.67 1/2 LOW 8.67 1/2
CLOSE8.69 Down 10 3/4 CLOSE 8.69 Down 10 3/4

OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt
ELEVATORS +NOV1+NOV1+NOV18
CK Low 2.50 11.19 411.162.65 11.34 416.67
CK High 2.60 11.29 414.842.75 11.44 420.35
CK Average 2.57 -0.1211.26 413.552.71 -0.0111.40 418.76
Essex Cty 2.55 11.24 413.002.65 11.34 416.67
Mdsx Low 2.60 11.29 414.842.72 11.41 419.25
Mdsx High 2.62 11.31 415.572.75 11.44 420.35
Mdsx Average 2.61 -0.0911.30 415.202.74 0.02 11.43 419.80
Hensall 2.58 11.27 413.922.73 11.42 419.43
Bruce 2.55 11.24 413.002.70 11.39 418.51
Putnam 2.60 11.29 414.842.75 11.44 420.35
Burford 2.66 11.35 417.042.76 11.45 420.72
Port Perry 2.59 11.28 414.472.69 11.38 418.14
Norfolk 2.55 11.24 413.002.70 11.39 418.51
Palmerston 2.55 11.24 413.002.70 11.39 418.51
Varna N/A 2.70 11.39 418.51
Trenton N/A 2.75 11.44 420.35
Winchester 2.71 11.40 418.882.71 11.40 418.88
North Gower 2.39 11.08 407.122.65 11.34 416.67
Huron FOB 2.65 11.34 416.672.80 11.49 422.19
Kent FOB 2.60 11.29 414.842.70 11.39 418.51
Lambton FOB 2.80 11.49 422.192.85 11.54 424.02
Middlesex FOB2.79 2.76 N/A N/A 11.48 421.822.89 11.58 425.49

PROCESSORS
Windsor 2.97 11.66 428.432.97 11.66 428.43

TRANSFER
Hamilton N/A 3.05 11.74 431.37
Prescott 2.09 10.78 396.102.88 11.57 425.12

Toledo El. -0.13 8.56 314.48-0.39 8.30 304.84


Exchange rate was 1.3133 up 0.0058
Chicago wheat closed moderately lower.
SEP18 HI 5.42 3/4 JUL19 HI 5.87 3/4
LOW 5.28 1/4 LOW 5.76 3/4
CLOSE 5.32 1/4 Down 9 1/2 CLOSE 5.78 3/4 Down 8 3/4

Minni wheat closed moderately lower to lower.
SEP18 HI 5.95 1/2 SEP19 HI 6.32 1/4
LOW 5.82 3/4 LOW 6.29 1/4
CLOSE 5.83 1/2 Down 12 3/4 CLOSE 6.29 1/2 Down 8

GFO Cash Wheat Prices - DEL Terminal
Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 1.27 1.47 1.34 0.71
CAD $/bu 6.60 6.79 6.66 6.55
CAD $/tonne 242.36 249.60 244.77 240.55


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 1.05 N/A N/A N/A 1.05 N/A
London 1.19 1.39 1.06 N/A 1.32 1.32 1.00 N/A
Hensall 1.10 N/A 1.00 N/A 1.20 N/A 1.00 N/A
Trenton N/A N/A 1.00 N/A N/A N/A 1.05 N/A
Bruce 1.05 1.25 1.00 0.60 1.10 1.20 1.00 0.60
Essex N/A N/A 1.10 N/A N/A N/A 1.02 N/A
Norwich 1.10 N/A 1.00 N/A 1.20 N/A 1.00 N/A
Port Hope N/A 1.20 1.05 N/A N/A 1.20 1.05 N/A
Kent Bridge 1.10 N/A 1.00 N/A 1.20 N/A 1.00 N/A
Chatham N/A N/A 1.00 N/A N/A N/A 1.00 N/A
Brigden N/A N/A 1.00 N/A N/A N/A 1.00 N/A
Palmerston N/A 1.15 1.05 0.55 N/A 1.10 1.05 N/A
Varna 1.20 1.25 1.00 N/A 1.10 1.20 1.00 N/A
Mitchell 1.10 1.20 1.00 N/A 1.20 1.25 1.00 N/A
Thornton N/A N/A N/A 0.56 N/A N/A N/A N/A
North Gower N/A 1.40 1.30 0.70 N/A 1.27 1.27 0.50
W O Feed 1.59


PROCESSORS
Toledo FM N/A N/A 1.93 N/A N/A N/A 1.94 N/A

Toledo El. 5.36US 7.04CA 5.64US 7.40CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 1.35 1.41 1.41 0.59
CAD $/bu 7.14 7.20 7.20 6.88
CAD $/tonne 262.18 264.59 264.59 252.90

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

FEED GRAINS
FOB Hm Soymeal 516.44
DDG's FOB Srn & Aylm 180.00 - 195.00