FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, November 18


FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, November 18
Exchange rate was 1.321 down 0.0021
Chicago soybeans closed slightly lower.

JAN20 HI 9.21 3/4 NOV20 HI 9.56 1/4
LOW 9.10 LOW 9.45
CLOSE9.10 1/4 Down 8 CLOSE 9.46 3/4 Down 6 1/2

OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt
ELEVATORS +JAN2+JAN2+MAR20
CK Low 2.18 11.28 414.562.15 11.62 426.87
CK High 2.20 11.30 415.302.20 11.67 428.71
CK Average 2.20 -0.5511.30 415.172.19 -0.6411.66 428.28
Essex Cty 2.20 11.30 415.302.20 11.67 428.71
Mdsx Low 2.16 11.26 413.832.16 11.63 427.24
Mdsx High 2.20 11.30 415.302.20 11.67 428.71
Mdsx Average 2.18 -0.5611.28 414.562.18 -0.6411.65 427.97
Hensall 2.20 11.30 415.302.18 11.64 427.79
Bruce 2.20 11.30 415.302.15 11.62 426.87
Putnam 2.20 11.30 415.302.20 11.67 428.71
Burford 2.23 11.33 416.402.23 11.70 429.81
Port Perry 2.18 11.28 414.562.18 11.65 427.97
Norfolk 2.20 11.30 415.302.20 11.67 428.71
Palmerston 2.13 11.23 412.722.06 11.53 423.56
Varna 2.20 11.30 415.302.15 11.62 426.87
Trenton 2.20 11.30 415.302.20 11.67 428.71
Winchester 2.28 11.38 418.242.28 11.75 431.65
North Gower 2.26 11.36 417.502.28 11.75 431.65
Huron FOB 2.30 11.40 418.972.25 11.72 430.54
Kent FOB 2.40 11.50 422.642.20 11.67 428.71
Lambton FOB 2.40 11.50 422.642.20 11.67 428.71
Middlesex FOB2.35 2.35 2.29 N/A 11.45 420.812.25 11.72 430.54

PROCESSORS
Windsor 2.66 11.76 432.202.51 11.98 440.10

TRANSFER
Hamilton 2.75 11.85 435.502.65 12.12 445.24
Prescott 2.45 11.55 424.48 N/A
Port Colborne2.76 11.86 435.872.61 12.08 443.77

Toledo El. -0.26 8.84 324.75-0.46 9.01 330.90


Exchange rate was 1.321 down 0.0021
Chicago wheat closed slightly higher.
DEC19 HI 5.10 3/4 JUL20 HI 5.19 3/4
LOW 4.98 1/2 LOW 5.09 1/4
CLOSE 5.07 1/4 Up 4 1/2 CLOSE 5.17 3/4 Up 3 1/4

Minni wheat closed slightly lower.
DEC19 HI 5.07 3/4 SEP20 HI 5.55
LOW 5.02 LOW 5.50
CLOSE 5.03 1/4 Down 1/2 CLOSE 5.50 1/2 Down 1

GFO Cash Wheat Prices - DEL Terminal
Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 2.09 2.29 1.96 1.22
CAD $/bu 7.16 7.36 7.03 6.25
CAD $/tonne 263.20 270.48 258.35 229.71


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 1.65 N/A N/A N/A 1.15 N/A
London 1.74 2.00 1.61 N/A 1.31 1.57 1.11 N/A
Hensall 1.70 N/A 1.65 N/A 1.35 N/A 1.15 N/A
Trenton N/A N/A N/A N/A N/A N/A 1.40 N/A
Bruce 1.70 2.05 1.65 1.50 1.35 1.55 1.15 1.05
Essex N/A N/A 1.65 N/A N/A N/A 1.15 N/A
Norwich 1.70 N/A 1.65 N/A 1.35 N/A 1.15 N/A
Port Hope N/A N/A 1.70 N/A N/A N/A 1.40 N/A
Kent Bridge 1.70 N/A 1.65 N/A 1.35 N/A 1.15 N/A
Chatham N/A N/A 1.65 N/A N/A N/A 1.15 N/A
Brigden N/A N/A 1.65 N/A N/A N/A 1.15 N/A
Palmerston N/A N/A 1.63 1.48 N/A N/A 1.10 0.90
Varna 1.75 2.05 1.65 N/A 1.35 1.55 1.15 N/A
Mitchell 1.70 1.90 1.65 N/A 1.35 1.55 1.15 N/A
Thornton N/A N/A N/A 1.72 N/A N/A N/A N/A
North Gower N/A 1.80 1.70 1.00 N/A 1.68 1.33 0.90
W O Feed 2.29

TERMINAL
Port Colbor 2.08 2.34 2.01 N/A N/A N/A 1.51 N/A

PROCESSORS
Toledo FM N/A N/A 2.09 N/A N/A N/A 1.66 N/A

Toledo El. 5.25US 6.94CA 5.18US 6.83CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 1.46 1.72 1.39 0.97
CAD $/bu 6.64 6.90 6.57 6.47
CAD $/tonne 243.80 253.50 241.38 237.86

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

FEED GRAINS
FOB Hm Soymeal 475.99
DDG's FOB Srn & Aylm 190.00 - 205.00