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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, July 5
Exchange rate was 1.3035 up 0.0172
Chicago soybeans closed sharply lower.

      AUG22   HI 14.95                   NOV22     HI 13.74  1/2
             LOW 14.31  3/4                       LOW 13.04
            CLOSE14.39  1/4  Down 70 1/2        CLOSE 13.16   Down 79 1/4

            OLD CROP                                  NEW CROP
Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt
ELEVATORS        +AUG22+NOV22+NOV22
CK Low      5.00                         19.39 712.55  3.65        16.81 617.66
CK High     5.41                         19.80 727.62  3.75        16.91 621.34
CK Average  5.32                    0.73 19.72 724.42  3.69 -0.23  16.85 619.24
Essex Cty   5.35                         19.74 725.41  3.65        16.81 617.66
Mdsx Low    5.35                         19.74 725.41  3.67        16.83 618.40
Mdsx High   5.43                         19.82 728.35  3.75        16.91 621.34
Mdsx Average5.38                    0.77 19.77 726.39  3.71 -0.22  16.87 619.74
Hensall     5.37                         19.76 726.03  3.78        16.94 622.56
Bruce       5.20                         19.59 719.90  3.75        16.91 621.34
Putnam      5.40                         19.79 727.25  3.75        16.91 621.34
Burford     5.49                         19.88 730.56  3.73        16.89 620.60
Port Perry  5.40                         19.79 727.25  3.64        16.80 617.29
Norfolk     5.35                         19.74 725.41  3.75        16.91 621.34
Palmerston  5.17                         19.56 718.80  3.62        16.78 616.56
Varna        N/A                                       3.80        16.96 623.17
Trenton      N/A                                       3.75        16.91 621.34
Winchester   N/A                                       3.71        16.87 619.87
North Gower 4.50                         18.89 694.18  3.70        16.86 619.50
Vankleek Hil3.07                         17.46 641.64  3.37        16.53 607.37
Huron FOB   5.44  5.44  N/A   N/A        19.83 728.72  3.77        16.93 622.07
Kent FOB    5.45                         19.84 729.09  3.70        16.86 619.50
Lambton FOB 5.06                         19.45 714.76  N/A
Mdsx FOB    5.56  5.56  N/A   N/A        19.95 733.13  3.90        17.06 626.85

PROCESSORS
Windsor     5.91                         20.30 745.99  3.94        17.10 628.32

TRANSFER
Hamilton    5.85                         20.24 743.78  4.40        17.56 645.22
Prescott     N/A                                       3.97        17.13 629.42
Port Colborn N/A                                       4.34        17.50 643.01

Toledo El.  1.11                         15.50 569.55 -0.46        12.70 466.78


Exchange rate was 1.3035 up 0.0172
Chicago wheat closed lower.
SEP22      HI     8.42  1/2            JUL23   HI      8.70  1/2
           LOW    8.04  1/2                    LOW     8.28  1/2
           CLOSE  8.07   Down 39               CLOSE   8.38  1/4  Down 36 3/4

Minni wheat closed sharply lower.
SEP22      HI     9.46  1/2            SEP23   HI         9.56
           LOW       8.88                      LOW     9.08  1/2
           CLOSE  8.90   Down 58               CLOSE   9.13  3/4  Down 54 3/4



Direct MarkHarvest 2022                Harvest 2023
           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   1.80    N/A    N/A     N/A    1.80    N/A
London      2.66   2.40   1.62    N/A    2.10    2.03   1.51    N/A
Hensall     3.00    N/A   1.75    N/A    2.50    N/A    1.75    N/A
Trenton      N/A    N/A   2.00    N/A    N/A     N/A    1.85    N/A
Bruce       2.85   2.40   1.80   1.70    2.35    2.15   1.80    N/A
Essex        N/A    N/A   1.65    N/A    N/A     N/A    1.70    N/A
Norwich     3.00    N/A   1.75    N/A    2.50    N/A    1.75    N/A
Port Hope    N/A    N/A   1.80    N/A    N/A     N/A    1.80    N/A
Kent Bridge 3.00    N/A   1.75    N/A    2.50    N/A    1.75    N/A
Chatham      N/A    N/A   1.65    N/A    N/A     N/A    1.75    N/A
Brigden      N/A    N/A   1.75    N/A    N/A     N/A    1.75    N/A
Palmerston   N/A   2.19   1.86    N/A    N/A     N/A    1.42    N/A
Varna       2.85   2.35   1.75    N/A    2.35    2.10   1.75    N/A
Mitchell    3.00   2.35   1.75    N/A    2.50    2.10   1.75    N/A
Thornton    2.66   2.40   1.62   2.27    2.10    2.03   1.51    N/A
North Gower  N/A   1.40   1.80   1.12    N/A     1.30   1.70   0.82
W O Feed                  2.12

TERMINAL
Port Colbor  N/A    N/A   2.08    N/A    N/A     N/A    1.91    N/A

PROCESSORS
Toledo FM    N/A    N/A   2.45    N/A    N/A     N/A     N/A    N/A

Toledo El. 7.79US        10.15CA        8.28US         10.80CA


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

FEED GRAINS
FOB Hm Soymeal            727.98
DDG's FOB Srn & Aylm      340.00

 
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