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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, March 31
Exchange rate was 1.4085 down 0.0037
Chicago soybeans closed narrowly mixed.

       MAY20   HI 8.87  1/2           NOV20    HI 8.81  1/4
              LOW 8.75  3/4                   LOW 8.70  3/4
             CLOSE8.86   Up 3 3/4           CLOSE 8.77  1/2  Up 3

             OLD CROP                             NEW CROP
Location     Basis 1mt  2mt  3mt U.S.  $/bu  $/mt BasisU.S.  $/bu  $/mt
ELEVATORS         +MAY2+JUL2+SEP20
CK Low       3.05                     11.91 437.622.85      11.63 427.15
CK High      3.10                     11.96 439.453.00      11.78 432.66
CK Average   3.09                -0.3811.95 439.092.97 -0.4411.74 431.43
Essex Cty    3.10                     11.96 439.452.95      11.73 430.82
Mdsx Low     3.07                     11.93 438.352.93      11.71 430.09
Mdsx High    3.10                     11.96 439.453.00      11.78 432.66
Mdsx Average 3.09                -0.3811.95 438.902.97 -0.4411.74 431.37
Hensall      3.10                     11.96 439.453.00      11.78 432.66
Bruce        3.10                     11.96 439.453.00      11.78 432.66
Putnam       3.10                     11.96 439.453.00      11.78 432.66
Burford      3.14                     12.00 440.923.00      11.78 432.66
Port Perry   3.06                     11.92 437.992.92      11.70 429.72
Norfolk      3.10                     11.96 439.453.00      11.78 432.66
Palmerston   2.96                     11.82 434.312.97      11.75 431.55
Varna        3.00                     11.86 435.782.90      11.68 428.98
Trenton      3.05                     11.91 437.622.95      11.73 430.82
Winchester   2.95                     11.81 433.942.85      11.63 427.15
North Gower  3.05                     11.91 437.622.85      11.63 427.15
Vankleek Hill N/A                                 2.93      11.71 430.09
Huron FOB    3.15                     12.01 441.292.90      11.68 428.98
Kent FOB     3.10                     11.96 439.453.00      11.78 432.66
Lambton FOB  2.90                     11.76 432.113.00      11.78 432.66
Middlesex FOB3.19 3.19  N/A  N/A      12.05 442.763.08      11.86 435.60

PROCESSORS
Windsor      3.44                     12.30 451.953.12      11.90 437.07

TRANSFER
Hamilton     3.50                     12.36 454.153.40      12.18 447.35
Prescott      N/A                                 3.10      11.88 436.33
Port Colborne3.46                     12.32 452.683.49      12.27 450.66

Toledo El.   0.04                      8.90 327.10-0.42      8.35 306.90


Exchange rate was 1.4085 down 0.0037
Chicago wheat closed mixed.
MAY20      HI     5.75  1/4             SEP20   HI         5.70
           LOW    5.64  1/4                     LOW     5.54  3/4
           CLOSE  5.68  3/4  Down  3/4          CLOSE   5.65  1/4  Up 6 1/4

Minni wheat closed slightly higher.
MAY20      HI         5.40              SEP20   HI      5.57  1/2
           LOW        5.31                      LOW     5.51  1/4
           CLOSE  5.39  1/4  Up 4 1/2           CLOSE   5.56  3/4  Up 3 1/2

GFO Cash Wheat Prices - DEL Terminal
Harvest 19        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 2.53          2.75            2.53          1.71
CAD $/bu              8.22          8.43            8.22          7.10
CAD $/tonne         302.10        309.86          302.10        260.96


Direct MarkHarvest 2019                 Harvest 2020
           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     N/A    N/A    N/A     N/A    1.62    N/A
London      2.42    2.85   2.35    N/A    2.00    2.28   1.71    N/A
Hensall     2.19    N/A    2.19    N/A    1.82    N/A    1.62    N/A
Trenton      N/A    N/A     N/A    N/A    N/A     N/A    1.72    N/A
Bruce       2.19    2.54   2.19   2.25    1.82    2.02   1.62   1.50
Essex        N/A    N/A    2.15    N/A    N/A     N/A    1.62    N/A
Norwich     2.19    N/A    2.19    N/A    1.82    N/A    1.62    N/A
Port Hope    N/A    N/A    2.25    N/A    N/A     N/A    1.72    N/A
Kent Bridge 2.19    N/A    2.19    N/A    1.82    N/A    1.62    N/A
Chatham      N/A    N/A    2.15    N/A    N/A     N/A    1.62    N/A
Brigden      N/A    N/A    2.15    N/A    N/A     N/A    1.62    N/A
Palmerston   N/A    2.53   2.18   1.98    N/A     2.03   1.67   1.28
Varna       2.35    2.65   2.25    N/A    1.82    2.02   1.62    N/A
Mitchell    2.19    2.39   2.19    N/A    1.82    2.02   1.62    N/A
Thornton     N/A    N/A     N/A   2.81    N/A     N/A     N/A    N/A
North Gower  N/A    2.40   2.20   1.50    N/A     2.05   1.85   1.35
W O Feed                   2.88

TERMINAL
Port Colbor  N/A    N/A    2.70    N/A    N/A     N/A    2.15    N/A

PROCESSORS
Toledo FM    N/A    N/A    2.32    N/A    N/A     N/A    2.26    N/A

Toledo El. 5.59US         7.87CA        5.62US          7.92CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 20        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 1.95          2.31            1.95          1.43
CAD $/bu              7.61          7.96            7.61          6.99
CAD $/tonne         279.51        292.44          279.51        257.00

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

FEED GRAINS
FOB Hm Soymeal            542.90
DDG's FOB Srn & Aylm       -

 
 
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