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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, January 18


FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, January 18
Exchange rate was 1.3256 up 0.0014
Chicago soybeans closed slightly higher.

MAR19 HI 9.20 1/4 NOV19 HI 9.59
LOW 9.05 3/4 LOW 9.46 1/4
CLOSE9.16 3/4 Up 9 CLOSE 9.55 3/4 Up 7 1/2

OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt
ELEVATORS +MAR1+MAR1+MAY19
CK Low 2.05 11.22 412.172.18 11.74 431.28
CK High 2.10 11.27 414.012.25 11.81 433.85
CK Average 2.08 -0.6811.25 413.272.24 -0.6311.79 433.34
Essex Cty 2.05 11.22 412.172.30 11.86 435.69
Mdsx Low 2.09 11.26 413.642.22 11.78 432.75
Mdsx High 2.10 11.27 414.012.25 11.81 433.85
Mdsx Average 2.10 -0.6711.26 413.832.24 -0.6311.79 433.30
Hensall 2.08 11.24 413.092.25 11.81 433.85
Bruce 2.05 11.22 412.172.25 11.81 433.85
Putnam 2.10 11.27 414.012.25 11.81 433.85
Burford 2.09 11.26 413.642.22 11.78 432.75
Port Perry 2.05 11.22 412.172.18 11.74 431.28
Norfolk 2.05 11.22 412.172.25 11.81 433.85
Palmerston 1.95 11.12 408.502.35 11.91 437.53
Varna 2.05 11.22 412.172.25 11.81 433.85
Trenton 2.10 11.27 414.012.25 11.81 433.85
Winchester 2.09 11.26 413.642.22 11.78 432.75
North Gower 2.22 11.39 418.422.25 11.81 433.85
Huron FOB 2.15 11.32 415.852.35 11.91 437.53
Kent FOB 2.15 11.32 415.852.25 11.81 433.85
Lambton FOB 1.95 11.12 408.502.40 11.96 439.36
Middlesex FOB2.02 2.15 2.28 2.33 11.19 411.072.35 11.91 437.53

PROCESSORS
Windsor 2.60 N/A N/A N/A 11.77 432.382.73 12.29 451.49

TRANSFER
Hamilton 2.35 11.52 423.202.70 12.26 450.39
Prescott 1.90 11.07 406.662.65 12.21 448.55

Toledo El. -0.60 8.57 314.93-0.53 9.03 331.76


Exchange rate was 1.3256 up 0.0014
Chicago wheat closed narrowly mixed.
MAR19 HI 5.22 3/4 JUL19 HI 5.32 3/4
LOW 5.15 1/4 LOW 5.24
CLOSE 5.17 3/4 Unchanged CLOSE 5.28 3/4 Up 1/2

Minni wheat closed slightly higher.
MAR19 HI 5.74 3/4 SEP19 HI 5.92 1/2
LOW 5.69 1/2 LOW 5.89 1/2
CLOSE 5.74 1/4 Up 2 1/4 CLOSE 5.92 1/4 Up 1 3/4

GFO Cash Wheat Prices - DEL Terminal
Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 1.55 1.62 1.42 0.81
CAD $/bu 6.73 6.80 6.60 6.55
CAD $/tonne 247.30 249.74 242.43 240.73


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 1.30 N/A N/A N/A 1.15 N/A
London 1.47 1.34 1.27 N/A 1.48 1.35 1.22 N/A
Hensall 1.50 N/A 1.30 N/A 1.55 N/A 1.15 N/A
Trenton N/A N/A N/A N/A N/A N/A 1.15 N/A
Bruce 1.50 1.55 1.30 1.10 1.50 1.45 1.20 1.00
Essex N/A N/A 1.25 N/A N/A N/A 1.20 N/A
Norwich 1.50 N/A 1.30 N/A 1.55 N/A 1.15 N/A
Port Hope N/A N/A 1.30 N/A N/A 1.30 1.15 N/A
Kent Bridge 1.50 N/A 1.30 N/A 1.55 N/A 1.15 N/A
Chatham N/A N/A 1.25 N/A N/A N/A 1.20 N/A
Brigden N/A N/A 1.25 N/A N/A N/A 1.20 N/A
Palmerston N/A 1.60 1.15 1.10 N/A 1.50 1.20 1.00
Varna 1.50 1.60 1.30 N/A 1.40 1.50 1.20 N/A
Mitchell 1.50 1.30 1.30 N/A 1.55 1.30 1.15 N/A
Thornton N/A N/A N/A 0.73 N/A N/A N/A N/A
North Gower N/A 1.35 1.20 0.64 N/A 1.38 1.28 0.51
W O Feed 1.87


PROCESSORS
Toledo FM N/A N/A 1.88 N/A N/A N/A 1.83 N/A

Toledo El. 5.13US 6.80CA 5.14US 6.79CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)
Basis 1.50 1.57 1.37 0.78
CAD $/bu 6.79 6.85 6.66 6.70
CAD $/tonne 249.45 251.88 244.59 246.29

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

FEED GRAINS
FOB Hm Soymeal 492.85
DDG's FOB Srn & Aylm 185.00