FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, May 12
Exchange rate was 1.3686 up 0.0032
Chicago soybeans closed slightly higher.
JUL26 HI 12.32 3/4 NOV26 HI 12.10
LOW 12.11 1/4 LOW 11.93
CLOSE12.26 3/4 Up 13 3/4 CLOSE 12.05 Up 10 1/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +JUL26+JUL26+AUG26
CK Low 4.05 16.32 599.57 3.35 15.40 565.85
CK High 4.10 16.37 601.40 3.45 15.50 569.53
CK Average 4.09 -0.32 16.36 600.94 3.40 -0.76 15.45 567.69
Essex Cty 4.10 16.37 601.40 3.40 15.45 567.69
Mdsx Low 4.05 16.32 599.57 3.35 15.40 565.85
Mdsx High 4.10 16.37 601.40 3.40 15.45 567.69
Mdsx Average4.09 -0.32 16.36 601.04 3.39 -0.77 15.44 567.32
Hensall 4.08 16.35 600.79 3.38 15.43 567.08
Bruce 4.10 16.37 601.40 3.40 15.45 567.69
Putnam 4.05 16.32 599.57 3.45 15.50 569.53
Guelph 4.06 16.33 599.93 3.36 15.41 566.22
Burford 4.22 16.49 605.81 3.52 15.57 572.10
Brantford 4.20 16.47 605.08 3.45 15.50 569.53
Port Perry 3.99 16.26 597.36 3.29 15.34 563.65
Norfolk 4.10 16.37 601.40 3.40 15.45 567.69
Palmerston 4.10 16.37 601.40 3.40 15.45 567.69
Varna 4.10 16.37 601.40 3.40 15.45 567.69
Trenton 3.40 15.67 575.68 3.30 15.35 564.02
Winchester N/A 3.30 15.35 564.02
North Gower 3.45 15.72 577.52 3.30 15.35 564.02
Vankleek Hil3.56 15.83 581.56 3.51 15.56 571.73
Huron FOB 4.31 4.40 4.44 N/A 16.58 609.12 N/A
Kent FOB 4.10 16.37 601.40 3.40 15.45 567.69
Lambton FOB 4.20 16.47 605.08 3.40 15.45 567.69
Mdsx FOB 4.05 4.18 4.25 N/A 16.32 599.57 3.47 15.52 570.26
PROCESSORS
Windsor 4.58 16.85 619.04 3.89 15.94 585.69
TRANSFER
Hamilton 4.80 17.07 627.12 3.95 16.00 587.90
Prescott 3.45 15.72 577.52 3.89 15.94 585.69
Port Colborn4.27 16.54 607.65 4.02 16.07 590.47
Toledo El. 0.07 12.34 453.27 -0.55 11.50 422.65
Exchange rate was 1.3686 up 0.0032
Chicago wheat closed higher to limit up.
JUL26 HI 6.79 JUL26 HI 6.79
LOW 6.36 3/4 LOW 6.36 3/4
CLOSE 6.79 Up 45 CLOSE 6.79 Up 45
Minni wheat closed sharply higher.
JUL26 HI 7.32 SEP26 HI 7.53
LOW 6.90 1/2 LOW 7.09 1/4
CLOSE 7.24 Up 37 1/2 CLOSE 7.44 3/4 Up 36 3/4
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 1.20 N/A N/A N/A 1.20 N/A
London N/A 2.04 1.25 N/A N/A 1.91 1.25 N/A
Hensall 1.25 1.95 1.25 1.85 1.40 1.70 1.20 1.70
Trenton N/A N/A N/A N/A N/A N/A N/A N/A
Bruce 1.25 1.95 1.25 1.85 1.40 1.70 1.20 1.70
Essex N/A N/A 1.30 N/A N/A N/A 1.25 N/A
Norwich 1.30 N/A 1.30 N/A 1.40 N/A 1.25 N/A
Winchester N/A N/A N/A N/A N/A N/A N/A N/A
Belmore 1.20 1.50 1.25 1.00 N/A 1.70 1.20 N/A
Kent Bridge 1.30 N/A 1.30 N/A 1.40 N/A 1.25 N/A
Chatham N/A N/A 1.30 N/A N/A N/A 1.25 N/A
Brigden N/A N/A 1.30 N/A N/A N/A 1.25 N/A
Palmerston 1.20 1.50 1.25 1.00 N/A 1.70 1.20 N/A
Varna 1.25 2.35 1.25 N/A N/A 1.70 1.20 N/A
Mitchell 1.30 N/A 1.30 N/A 1.40 N/A 1.25 N/A
Thornton N/A 2.04 1.25 1.89 N/A 1.91 1.25 N/A
North Gower N/A 1.50 1.70 1.73 N/A 1.50 1.70 1.37
W O Feed 1.98
TERMINAL
Port Colbor N/A N/A 1.77 N/A N/A N/A 1.79 N/A
Toledo El. 6.64US 9.09CA 6.64US 9.09CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 540.58
DDG's FOB Aylm 280.00
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