FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, July 22


FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, July 22
Exchange rate was 1.3096 up 0.0038
Chicago soybeans closed slightly to moderately lower.

AUG19 HI 9.04 1/4 NOV19 HI 9.22
LOW 8.87 1/2 LOW 9.05
CLOSE8.88 1/4 Down 13 1/4 CLOSE 9.05 3/4 Down 13 1/2

OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt
ELEVATORS +AUG1+NOV1+NOV19
CK Low 2.15 11.03 405.371.90 10.96 402.62
CK High 2.20 11.08 407.212.00 11.06 406.29
CK Average 2.18 -0.4311.06 406.541.96 -0.6311.01 404.70
Essex Cty 2.30 11.18 410.891.95 11.01 404.46
Mdsx Low 2.14 11.02 405.011.90 10.96 402.62
Mdsx High 2.15 11.03 405.371.94 11.00 404.09
Mdsx Average 2.15 -0.4611.03 405.191.92 -0.6610.98 403.35
Hensall 2.18 11.06 406.291.93 10.98 403.54
Bruce 2.10 10.98 403.541.85 10.91 400.78
Putnam 2.15 11.03 405.371.90 10.96 402.62
Burford 2.19 11.07 406.841.99 11.05 405.93
Port Perry 2.16 11.04 405.741.96 11.02 404.82
Norfolk 2.20 11.08 407.211.95 11.01 404.46
Palmerston 2.20 11.08 407.211.95 11.01 404.46
Varna 2.20 11.08 407.211.95 11.01 404.46
Trenton 2.10 10.98 403.541.90 10.96 402.62
Winchester N/A 1.93 10.99 403.72
North Gower 2.00 10.88 399.862.05 11.11 408.13
Huron FOB 2.30 11.18 410.892.05 11.11 408.13
Kent FOB 2.40 11.28 414.561.95 11.01 404.46
Lambton FOB 2.30 11.18 410.892.05 11.11 408.13
Middlesex FOB2.36 2.42 2.32 N/A 11.24 413.092.06 11.12 408.50

PROCESSORS
Windsor 2.76 11.64 427.792.36 11.42 419.52

TRANSFER
Hamilton 2.70 11.58 425.582.40 11.46 420.99
Prescott N/A 2.45 11.51 422.83
Port Colborne N/A 2.38 11.44 420.26

Toledo El. -0.07 8.82 323.97-0.52 8.53 313.59


Exchange rate was 1.3096 up 0.0038
Chicago wheat closed moderately lower to lower.
SEP19 HI 5.05 1/4 JUL10 HI 5.32 1/4
LOW 4.87 LOW 5.20 1/4
CLOSE 4.87 1/4 Down 15 1/4 CLOSE 5.20 1/2 Down 10 3/4

Minni wheat closed slightly to moderately lower.
SEP19 HI 5.29 SEP10 HI 5.75 1/2
LOW 5.20 3/4 LOW 5.75 1/4
CLOSE 5.21 1/4 Down 8 CLOSE 5.75 1/2 Down 2 3/4

GFO Cash Wheat Prices - DEL Terminal
Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 1.97 2.23 1.90 1.22
CAD $/bu 6.84 7.10 6.77 6.43
CAD $/tonne 251.30 260.93 248.90 236.38


Direct MarkHarvest 2019 Harvest 2020
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 1.60 N/A N/A N/A 1.15 N/A
London 1.65 1.91 1.52 N/A 1.28 1.41 1.08 N/A
Hensall 1.70 N/A 1.60 N/A 1.35 N/A 1.15 N/A
Trenton N/A N/A 1.60 N/A N/A N/A 1.15 N/A
Bruce 1.65 1.95 1.60 1.20 1.35 1.50 1.15 N/A
Essex N/A N/A 1.50 N/A N/A N/A 1.10 N/A
Norwich 1.70 N/A 1.60 N/A 1.35 N/A 1.15 N/A
Port Hope N/A 1.90 1.65 N/A N/A 1.50 1.15 N/A
Kent Bridge 1.70 N/A 1.60 N/A 1.35 N/A 1.15 N/A
Chatham N/A N/A 1.60 N/A N/A N/A 1.10 N/A
Brigden N/A N/A 1.60 N/A N/A N/A 1.10 N/A
Palmerston N/A 1.95 1.55 1.20 N/A 1.58 1.18 0.90
Varna 1.70 1.95 1.60 N/A 1.35 1.55 1.15 N/A
Mitchell 1.70 1.90 1.60 N/A 1.35 1.50 1.15 N/A
Thornton N/A N/A N/A 1.52 N/A N/A N/A N/A
North Gower N/A 1.95 1.75 1.05 N/A 1.63 1.43 0.85
W O Feed 2.16

TERMINAL
Port Colbor 1.99 2.25 1.86 N/A N/A N/A N/A N/A

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

Toledo El. 5.12US 6.71CA 5.16US 6.74CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 1.53 1.80 1.47 0.98
CAD $/bu 6.74 7.00 6.67 6.74
CAD $/tonne 247.60 257.21 245.20 247.60

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

FEED GRAINS
FOB Hm Soymeal 488.77
DDG's FOB Srn & Aylm 190.00