FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, April 18


FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, April 18
Exchange rate was 1.3368 up 0.0040
Chicago soybeans closed slightly higher.

MAY19 HI 8.82 NOV19 HI 9.15 1/4
LOW 8.76 1/2 LOW 9.10
CLOSE8.80 1/2 Up 1 1/2 CLOSE 9.13 1/2 Up 1 1/4

OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt
ELEVATORS +MAY1+JUL1+JUL19
CK Low 2.10 10.91 400.692.10 11.24 412.82
CK High 2.20 11.01 404.362.15 11.29 414.65
CK Average 2.15 -0.6110.95 402.342.11 -0.7211.25 413.24
Essex Cty 2.15 10.96 402.532.15 11.29 414.65
Mdsx Low 2.10 10.91 400.692.10 11.24 412.82
Mdsx High 2.15 10.96 402.532.10 11.24 412.82
Mdsx Average 2.13 -0.6310.93 401.612.10 -0.7311.24 412.82
Hensall 2.15 10.96 402.532.10 11.24 412.82
Bruce 2.15 10.96 402.532.10 11.24 412.82
Putnam 2.15 10.96 402.532.10 11.24 412.82
Burford 2.10 10.91 400.692.10 11.24 412.82
Port Perry 2.06 10.87 399.222.06 11.20 411.35
Norfolk 2.15 10.96 402.532.10 11.24 412.82
Palmerston 2.15 10.96 402.532.20 11.34 416.49
Varna 2.15 10.96 402.532.10 11.24 412.82
Trenton 2.15 10.96 402.532.10 11.24 412.82
Winchester 2.08 10.89 399.962.10 11.24 412.82
North Gower 2.05 10.86 398.852.20 11.34 416.49
Huron FOB 2.25 11.06 406.202.20 11.34 416.49
Kent FOB 2.30 11.11 408.042.10 11.24 412.82
Lambton FOB 2.30 11.11 408.042.25 11.39 418.33
Middlesex FOB2.36 2.40 2.30 N/A 11.17 410.242.33 11.47 421.27

PROCESSORS
Windsor 2.78 11.59 425.682.55 11.69 429.35

TRANSFER
Hamilton 2.60 11.41 419.062.55 11.69 429.35
Prescott N/A 2.55 11.69 429.35
Port Colborne N/A 2.56 11.70 429.72

Toledo El. -0.51 8.30 304.86-0.74 8.40 308.64


Exchange rate was 1.3368 up 0.0040
Chicago wheat closed slightly lower.
MAY19 HI 4.48 1/4 JUL19 HI 4.51 1/2
LOW 4.39 1/4 LOW 4.43 1/4
CLOSE 4.44 1/4 Down 2 3/4 CLOSE 4.48 1/4 Down 2

Minni wheat closed slightly lower.
MAY19 HI 5.29 1/2 SEP19 HI 5.41
LOW 5.21 3/4 LOW 5.36 1/2
CLOSE 5.23 1/4 Down 4 1/4 CLOSE 5.36 3/4 Down 2

GFO Cash Wheat Prices - DEL Terminal
Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 1.50 1.56 1.36 0.83
CAD $/bu 5.94 6.01 5.81 6.06
CAD $/tonne 218.21 220.67 213.30 222.63


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 1.20 N/A
London 1.28 1.69 1.28 N/A 1.35 1.61 1.28 N/A
Hensall 1.40 N/A 1.25 N/A 1.50 N/A 1.20 N/A
Trenton N/A N/A N/A N/A N/A N/A 1.25 N/A
Bruce 1.40 1.75 1.25 N/A 1.50 1.60 1.20 1.00
Essex N/A N/A 1.20 N/A N/A N/A 1.25 N/A
Norwich 1.40 N/A 1.25 N/A 1.50 N/A 1.20 N/A
Port Hope N/A N/A N/A N/A N/A 1.60 1.25 N/A
Kent Bridge 1.40 N/A 1.25 N/A 1.50 N/A 1.20 N/A
Chatham N/A N/A 1.20 N/A N/A N/A 1.25 N/A
Brigden N/A N/A 1.20 N/A N/A N/A 1.25 N/A
Palmerston N/A 1.75 1.25 1.10 N/A 1.57 1.17 1.00
Varna 1.45 1.75 1.25 N/A 1.40 1.60 1.20 N/A
Mitchell 1.40 1.45 1.25 N/A 1.50 1.60 1.20 N/A
Thornton N/A N/A N/A 0.90 N/A N/A N/A N/A
North Gower N/A 1.50 1.25 0.70 N/A 1.92 1.45 0.80
W O Feed 1.71

TERMINAL
Port Colbor N/A N/A N/A N/A 1.69 1.96 1.56 N/A

PROCESSORS
Toledo FM N/A N/A 1.70 N/A N/A N/A 1.64 N/A

Toledo El. 4.39US 5.87CA 4.33US 5.79CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 1.58 1.91 1.44 1.07
CAD $/bu 6.06 6.39 5.93 6.44
CAD $/tonne 222.63 234.91 217.72 236.63

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

FEED GRAINS
FOB Hm Soymeal 464.30
DDG's FOB Srn & Aylm 200.00