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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, April 8
Exchange rate was 1.3807 down 0.0050
Chicago soybeans closed steady to slightly higher.
MAY26 HI 11.63 NOV26 HI 11.52 3/4
LOW 11.40 1/2 LOW 11.35
CLOSE11.62 Up 3 3/4 CLOSE 11.52 Up 1
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +MAY26+JUL26+JUL26
CK Low 4.05 15.67 575.77 3.30 14.82 544.54
CK High 4.10 15.72 577.61 3.50 15.02 551.89
CK Average 4.07 -0.26 15.69 576.46 3.40 -0.71 14.92 548.22
Essex Cty 4.05 15.67 575.77 3.40 14.92 548.22
Mdsx Low 4.05 15.67 575.77 3.30 14.82 544.54
Mdsx High 4.10 15.72 577.61 3.40 14.92 548.22
Mdsx Average4.06 -0.26 15.68 576.14 3.38 -0.73 14.90 547.48
Hensall 4.07 15.69 576.39 3.37 14.89 546.99
Bruce 4.10 15.72 577.61 3.40 14.92 548.22
Putnam 4.10 15.72 577.61 3.50 15.02 551.89
Guelph 4.02 15.64 574.67 3.37 14.89 547.11
Burford 4.17 15.79 580.18 3.42 14.94 548.95
Brantford 4.20 15.82 581.29 3.50 15.02 551.89
Port Perry 3.94 15.56 571.73 3.19 14.71 540.50
Norfolk 4.05 15.67 575.77 3.45 14.97 550.05
Palmerston 4.05 15.67 575.77 3.40 14.92 548.22
Varna 4.05 15.67 575.77 3.35 14.87 546.38
Trenton 3.35 14.97 550.05 3.30 14.82 544.54
Winchester 3.36 14.98 550.42 3.30 14.82 544.54
North Gower 3.55 15.17 557.40 3.40 14.92 548.22
Vankleek Hil3.71 15.33 563.28 3.42 14.94 548.95
Huron FOB 4.15 4.22 4.14 N/A 15.77 579.45 N/A
Kent FOB 4.20 15.82 581.29 3.40 14.92 548.22
Lambton FOB 4.25 15.87 583.12 3.45 14.97 550.05
Mdsx FOB 4.05 4.26 4.24 N/A 15.67 575.77 3.41 14.93 548.58
PROCESSORS
Windsor 4.57 16.19 594.88 3.88 15.40 565.85
TRANSFER
Hamilton 4.80 16.42 603.33 3.90 15.42 566.59
Prescott 3.62 15.24 559.97 3.80 15.32 562.91
Port Colborn N/A 3.92 15.44 567.32
Toledo El. -0.14 11.48 421.89 -0.76 10.76 395.38
Exchange rate was 1.3807 down 0.0050
Chicago wheat closed lower.
MAY26 HI 5.89 JUL26 HI 6.00
LOW 5.77 LOW 5.87 1/2
CLOSE 5.80 1/4 Down 17 3/4 CLOSE 5.91 1/4 Down 17
Minni wheat closed lower.
MAY26 HI 6.32 1/2 SEP26 HI 6.68
LOW 6.24 LOW 6.55
CLOSE 6.24 Down 17 CLOSE 6.55 Down 16
Direct MarkHarvest 2025 Harvest 2026
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 1.40 N/A N/A N/A 1.45 N/A
London N/A 2.18 1.39 N/A N/A 1.81 1.24 N/A
Hensall 1.40 1.95 1.40 1.80 1.50 1.70 1.20 1.65
Trenton N/A N/A N/A N/A N/A N/A N/A N/A
Bruce 1.45 1.95 1.45 1.65 1.60 1.75 1.30 1.35
Essex N/A N/A 1.40 N/A N/A N/A 1.25 N/A
Norwich 1.45 N/A 1.45 N/A 1.60 N/A 1.30 N/A
Winchester N/A N/A N/A N/A N/A N/A N/A N/A
Belmore 1.45 1.75 1.45 1.60 N/A 1.70 1.30 N/A
Kent Bridge 1.45 N/A 1.45 N/A 1.60 N/A 1.30 N/A
Chatham N/A N/A 1.40 N/A N/A N/A 1.25 N/A
Brigden N/A N/A 1.40 N/A N/A N/A 1.25 N/A
Palmerston 1.45 1.75 1.45 1.60 N/A 1.70 1.30 N/A
Varna 1.40 2.50 1.40 N/A N/A 1.70 1.25 N/A
Mitchell 1.45 N/A 1.45 N/A 1.60 N/A 1.30 N/A
Thornton N/A 2.18 1.39 1.79 N/A 1.81 1.24 N/A
North Gower N/A 1.55 1.65 1.52 N/A 1.50 1.70 1.37
W O Feed 2.21
TERMINAL
Port Colbor N/A N/A 2.21 N/A N/A N/A 1.71 N/A
Toledo El. 5.78US 7.98CA 5.76US 7.96CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 523.72
DDG's FOB Aylm 272.00
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