Dakotaland Feeds, LLC

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, January 19


FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, January 19
Exchange rate was 1.2473 up 0.0047
Chicago soybeans closed mixed.

MAR18 HI 9.82 3/4 NOV18 HI 10.01 1/2
LOW 9.72 LOW 9.92 1/4
CLOSE9.77 1/4 Up 4 1/4 CLOSE 9.96 Up 1 3/4

OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt
ELEVATORS +MAR1+MAR1+MAY18
CK Low 1.70 11.47 421.541.65 11.61 426.59
CK High 1.75 11.52 423.381.80 11.76 432.11
CK Average 1.73 -0.5511.50 422.581.71 -0.5911.67 428.86
Essex Cty 1.70 11.47 421.541.70 11.66 428.43
Mdsx Low 1.70 11.47 421.541.67 11.63 427.33
Mdsx High 1.72 11.49 422.281.75 11.71 430.27
Mdsx Average 1.71 -0.5711.48 421.911.71 -0.5911.67 428.80
Hensall 1.70 11.47 421.541.75 11.71 430.27
Bruce 1.70 11.47 421.541.75 11.71 430.27
Putnam 1.70 11.47 421.541.75 11.71 430.27
Burford 1.79 11.56 424.851.74 11.70 429.90
Port Perry 1.72 11.49 422.281.67 11.63 427.33
Norfolk 1.70 11.47 421.541.75 11.71 430.27
Palmerston 1.75 11.52 423.381.75 11.71 430.27
Varna 1.70 11.47 421.541.75 11.71 430.27
Trenton 1.70 11.47 421.541.75 11.71 430.27
Winchester 1.74 11.51 423.011.72 11.68 429.17
North Gower 1.67 11.44 420.441.67 11.63 427.33
Huron FOB 1.80 11.57 425.221.85 11.81 433.94
Kent FOB 1.85 11.62 427.051.70 11.66 428.43
Lambton FOB 1.95 11.72 430.731.75 11.71 430.27
Middlesex FOB1.82 1.91 1.91 1.85 11.59 425.951.78 11.74 431.37


TRANSFER
Hamilton N/A 2.15 12.11 444.97
Prescott 1.82 11.59 425.952.03 11.99 440.56

Toledo El. -0.24 9.54 350.37-0.37 9.59 352.23


Exchange rate was 1.2473 up 0.0047
Chicago wheat closed slightly lower.
MAR18 HI 4.27 1/4 JUL18 HI 4.53
LOW 4.21 1/2 LOW 4.47 1/2
CLOSE 4.22 3/4 Down 2 1/2 CLOSE 4.48 3/4 Down 2 1/2

Minni wheat closed slightly lower.
MAR18 HI 6.13 3/4 SEP18 HI 6.26 3/4
LOW 6.07 3/4 LOW 6.21 1/4
CLOSE 6.08 1/2 Down 2 CLOSE 6.21 3/4 Down 3 1/4

GFO Cash Wheat Prices - DEL Terminal
Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 0.73 0.86 0.73 0.20
CAD $/bu 4.96 5.09 4.96 6.28
CAD $/tonne 182.29 186.87 182.29 230.75


Direct MarkHarvest 2017 Harvest 2018
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 0.80 N/A N/A N/A 0.70 N/A
London 0.84 1.15 0.77 N/A 0.95 0.70 0.70 N/A
Hensall 0.90 N/A 0.80 N/A 0.95 N/A 0.70 N/A
Trenton N/A N/A N/A N/A N/A N/A 0.85 N/A
Bruce 0.85 0.85 0.75 0.15 0.90 0.70 0.65 0.30
Essex N/A N/A N/A N/A N/A N/A 0.54 N/A
Norwich 0.90 N/A 0.80 N/A 0.95 N/A 0.70 N/A
Port Hope N/A N/A 0.80 N/A N/A 0.75 0.70 N/A
Kent Bridge 0.90 N/A 0.80 N/A 0.95 N/A 0.70 N/A
Chatham N/A N/A 0.80 N/A N/A N/A 0.70 N/A
Brigden N/A N/A 0.80 N/A N/A N/A 0.70 N/A
Palmerston N/A 0.80 0.80 0.25 N/A 0.75 0.80 0.35
Varna 1.10 0.85 0.80 N/A 0.90 0.70 0.70 N/A
Mitchell 0.90 0.85 0.80 N/A 0.95 0.70 0.70 N/A
Thornton N/A N/A N/A 0.22 N/A N/A N/A N/A
North Gower N/A 0.77 0.75 0.17 N/A 0.83 0.90 0.13
W O Feed 1.44


PROCESSORS
Toledo FM N/A N/A 1.17 N/A N/A N/A 1.10 N/A

Toledo El. 4.13US 5.15CA 4.34US 5.40CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 0.73 0.73 0.67 0.16
CAD $/bu 5.22 5.22 5.16 6.38
CAD $/tonne 191.71 191.71 189.42 234.28

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

FEED GRAINS
FOB Hm Soymeal 462.54
DDG's FOB Srn & Aylm 230.00 - 235.00

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