FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, December 10


FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, December 10
Exchange rate was 1.34 up 0.0112
Chicago soybeans closed slightly lower.

JAN19 HI 9.16 1/2 NOV19 HI 9.61 1/4
LOW 9.08 1/2 LOW 9.55
CLOSE9.09 3/4 Down 7 CLOSE 9.57 Down 4 1/4

OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt
ELEVATORS +JAN1+MAR1+MAR19
CK Low 2.29 11.39 418.422.20 11.77 432.47
CK High 2.35 11.45 420.622.30 11.87 436.15
CK Average 2.33 -0.5711.43 419.822.28 -0.7011.85 435.34
Essex Cty 2.35 11.45 420.622.30 11.87 436.15
Mdsx Low 2.33 11.43 419.892.30 11.87 436.15
Mdsx High 2.35 11.45 420.622.33 11.90 437.25
Mdsx Average 2.34 -0.5611.44 420.262.32 -0.6711.89 436.70
Hensall 2.30 11.40 418.792.28 11.85 435.23
Bruce 2.30 11.40 418.792.30 11.87 436.15
Putnam 2.35 11.45 420.622.30 11.87 436.15
Burford 2.33 11.43 419.892.33 11.90 437.25
Port Perry 2.29 11.39 418.422.29 11.86 435.78
Norfolk 2.35 11.45 420.622.30 11.87 436.15
Palmerston 2.35 11.45 420.622.35 11.92 437.99
Varna 2.25 11.35 416.952.25 11.82 434.31
Trenton 2.30 11.40 418.792.25 11.82 434.31
Winchester 2.50 11.60 426.142.40 11.97 439.82
North Gower 2.50 11.60 426.142.30 11.87 436.15
Huron FOB 2.35 11.45 420.622.35 11.92 437.99
Kent FOB 2.45 11.55 424.302.30 11.87 436.15
Lambton FOB 2.25 11.35 416.952.50 12.07 443.50
Middlesex FOB2.29 2.47 2.45 2.45 11.39 418.422.42 11.99 440.56

PROCESSORS
Windsor 2.89 N/A N/A N/A 11.99 440.472.85 12.42 456.36

TRANSFER
Hamilton 2.75 11.85 435.322.70 12.27 450.85
Prescott N/A 2.90 12.47 458.19

Toledo El. -0.51 8.59 315.57-0.40 9.17 336.92


Exchange rate was 1.34 up 0.0112
Chicago wheat closed slightly to moderately lower.
MAR19 HI 5.31 JUL19 HI 5.40
LOW 5.24 1/2 LOW 5.35 1/2
CLOSE 5.25 1/4 Down 6 CLOSE 5.37 1/4 Down 2 3/4

Minni wheat closed slightly to moderately lower.
MAR19 HI 5.81 SEP19 HI 5.94 3/4
LOW 5.73 1/2 LOW 5.92 1/4
CLOSE 5.75 1/4 Down 6 1/4 CLOSE 5.93 1/4 Down 4 3/4

GFO Cash Wheat Prices - DEL Terminal
Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 1.32 1.52 1.32 0.82
CAD $/bu 6.57 6.77 6.57 6.57
CAD $/tonne 241.39 248.77 241.39 241.39


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 1.20 N/A N/A N/A 1.15 N/A
London 1.28 1.41 1.28 N/A 1.29 1.42 1.22 N/A
Hensall 1.35 N/A 1.20 N/A 1.40 N/A 1.15 N/A
Trenton N/A N/A N/A N/A N/A N/A 1.10 N/A
Bruce 1.25 1.50 1.20 0.85 1.20 1.45 1.10 0.85
Essex N/A N/A 1.15 N/A N/A N/A 1.10 N/A
Norwich 1.35 N/A 1.20 N/A 1.40 N/A 1.15 N/A
Port Hope N/A N/A 1.20 N/A N/A 1.20 1.20 N/A
Kent Bridge 1.35 N/A 1.20 N/A 1.40 N/A 1.15 N/A
Chatham N/A N/A 1.15 N/A N/A N/A 1.10 N/A
Brigden N/A N/A 1.15 N/A N/A N/A 1.10 N/A
Palmerston N/A 1.50 1.20 0.80 N/A 1.45 1.10 0.80
Varna 1.40 1.50 1.20 N/A 1.20 1.45 1.10 N/A
Mitchell 1.35 1.20 1.20 N/A 1.40 1.30 1.15 N/A
Thornton N/A N/A N/A 0.67 N/A N/A N/A N/A
North Gower N/A 1.25 1.08 0.60 N/A 1.31 1.24 0.45
W O Feed 1.86


PROCESSORS
Toledo FM N/A N/A 1.99 N/A N/A N/A 1.93 N/A

Toledo El. 5.15US 6.90CA 5.22US 6.97CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 1.33 1.40 1.33 0.72
CAD $/bu 6.71 6.77 6.71 6.65
CAD $/tonne 246.39 248.84 246.39 244.43

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

FEED GRAINS
FOB Hm Soymeal 502.66
DDG's FOB Srn & Aylm 135.00 - 160.00