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River Valley MFA - CLICK - MFA CONNECT |
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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, May 30
Exchange rate was 1.3711 down 0.0074
Chicago soybeans closed slightly to moderately lower.
JUL25 HI 10.50 1/2 NOV25 HI 10.36 1/4
LOW 10.40 1/4 LOW 10.24 3/4
CLOSE10.41 3/4 Down 10 CLOSE 10.26 3/4 Down 10 1/2
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +JUL25+JUL25+AUG25
CK Low 2.95 13.37 491.17 2.80 13.07 480.15
CK High 3.05 13.47 494.85 2.90 13.17 483.82
CK Average 3.00 -0.63 13.42 493.05 2.85 -0.70 13.12 481.94
Essex Cty 3.05 13.47 494.85 2.85 13.12 481.99
Mdsx Low 2.95 13.37 491.17 2.80 13.07 480.15
Mdsx High 3.01 13.43 493.38 2.85 13.12 481.99
Mdsx Average2.98 -0.64 13.40 492.35 2.84 -0.71 13.11 481.54
Hensall 2.98 13.40 492.40 2.83 13.10 481.37
Bruce 3.00 13.42 493.01 2.85 13.12 481.99
Putnam 2.95 13.37 491.17 2.85 13.12 481.99
Guelph 3.02 13.44 493.74 2.83 13.10 481.25
Burford 3.06 13.48 495.21 2.89 13.16 483.46
Port Perry 2.85 13.27 487.50 2.68 12.95 475.74
Norfolk 3.00 13.42 493.01 2.85 13.12 481.99
Palmerston 3.10 13.52 496.68 2.95 13.22 485.66
Varna 3.00 13.42 493.01 2.85 13.12 481.99
Trenton 2.80 13.22 485.66 2.70 12.97 476.47
Winchester 3.00 13.42 493.01 2.90 13.17 483.82
North Gower 3.00 13.42 493.01 2.95 13.22 485.66
Vankleek Hil2.90 13.32 489.33 2.72 12.99 477.21
Huron FOB N/A 3.01 3.18 3.23 N/A
Kent FOB 3.25 13.67 502.19 2.85 13.12 481.99
Lambton FOB 3.25 13.67 502.19 3.00 13.27 487.50
Mdsx FOB 2.98 3.12 3.25 3.30 13.40 492.27 3.00 13.27 487.50
PROCESSORS
Windsor 3.42 13.84 508.44 3.07 13.34 490.07
TRANSFER
Hamilton 3.55 13.97 513.22 3.45 13.72 504.03
Prescott N/A 3.12 13.39 491.91
Port Colborn3.27 13.69 502.93 3.49 13.76 505.50
Toledo El. 0.14 10.55 387.82 -0.69 9.58 352.08
Exchange rate was 1.3711 down 0.0074
Chicago wheat closed slightly lower to steady.
JUL25 HI 5.38 1/2 JUL25 HI 5.38 1/2
LOW 5.31 1/4 LOW 5.31 1/4
CLOSE 5.34 Unchanged CLOSE 5.34 Unchanged
Minni wheat closed moderately higher.
JUL25 HI 6.27 SEP25 HI 6.38 1/4
LOW 6.11 1/4 LOW 6.28
CLOSE 6.25 1/2 Up 10 CLOSE 6.37 1/4 Up 9 1/4
Direct MarkHarvest 2024 Harvest 2025
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 0.90 N/A N/A N/A 1.00 N/A
London N/A 1.82 0.91 N/A N/A 1.82 0.95 N/A
Hensall 1.95 1.95 0.95 1.65 2.05 1.85 0.95 1.60
Trenton N/A N/A N/A N/A N/A N/A 1.05 N/A
Bruce 2.00 1.90 1.00 1.15 2.05 1.95 1.00 1.10
Essex N/A N/A 0.90 N/A N/A N/A 0.95 N/A
Norwich 1.95 N/A 0.90 N/A 2.15 N/A 1.00 N/A
Winchester N/A N/A N/A N/A N/A N/A N/A N/A
Belmore 1.20 1.40 1.00 0.90 N/A 1.75 1.00 N/A
Kent Bridge 1.95 N/A 0.90 N/A 2.15 N/A 1.00 N/A
Chatham N/A N/A N/A N/A N/A N/A 0.95 N/A
Brigden N/A N/A 0.90 N/A N/A N/A 0.95 N/A
Palmerston 1.20 1.40 1.00 0.90 N/A 1.75 1.00 N/A
Varna 1.95 1.95 0.95 N/A 2.05 2.05 0.95 N/A
Mitchell 1.95 N/A 0.90 N/A 2.15 N/A 1.00 N/A
Thornton N/A 1.82 0.91 1.59 N/A 1.82 0.95 N/A
North Gower N/A 0.90 1.10 0.92 N/A 1.39 1.59 0.97
W O Feed 1.73
TERMINAL
Port Colbor N/A N/A 1.53 N/A N/A N/A 1.60 N/A
PROCESSORS
Toledo FM N/A N/A 1.57 N/A N/A N/A 1.64 N/A
Toledo El. 4.99US 6.84CA 5.04US 6.91CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 491.97
DDG's FOB Aylm 255.00
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