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MFA Incorporated 201 Ray Young Drive Columbia, MO 65201 573-874-5111 |
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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, July 11
Exchange rate was 1.363 up 0.0004
Chicago soybeans closed slightly lower.
NOV25 HI 10.17 NOV25 HI 10.17
LOW 10.03 1/2 LOW 10.03 1/2
CLOSE10.07 1/4 Down 6 1/2 CLOSE 10.07 1/4 Down 6 1/2
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +NOV25+NOV25+NOV25
CK Low 2.70 12.77 469.31 2.65 12.72 467.47
CK High 2.80 12.87 472.98 2.75 12.82 471.15
CK Average 2.73 -0.68 12.81 470.50 2.68 -0.71 12.76 468.71
Essex Cty 2.70 12.77 469.31 2.65 12.72 467.47
Mdsx Low 2.70 12.77 469.31 2.65 12.72 467.47
Mdsx High 2.80 12.87 472.98 2.75 12.82 471.15
Mdsx Average2.74 -0.67 12.81 470.85 2.69 -0.71 12.77 469.09
Hensall 2.72 12.79 469.92 2.67 12.74 468.08
Bruce 2.70 12.77 469.31 2.65 12.72 467.47
Putnam 2.80 12.87 472.98 2.75 12.82 471.15
Guelph 2.75 12.82 471.15 2.73 12.80 470.41
Burford 2.81 12.88 473.35 2.77 12.84 471.88
Port Perry 2.60 12.67 465.63 2.56 12.63 464.16
Norfolk 2.70 12.77 469.31 2.65 12.72 467.47
Palmerston 2.70 12.77 469.31 2.65 12.72 467.47
Varna 2.70 12.77 469.31 2.65 12.72 467.47
Trenton N/A 2.60 12.67 465.63
Winchester 2.71 12.78 469.68 2.55 12.62 463.80
North Gower 2.80 12.87 472.98 2.65 12.72 467.47
Vankleek Hil2.51 12.58 462.33 2.72 12.79 470.04
Huron FOB 2.56 2.77 N/A N/A 12.63 464.16 2.75 12.82 471.15
Kent FOB 2.75 12.82 471.15 2.65 12.72 467.47
Lambton FOB 2.80 12.87 472.98 2.75 12.82 471.15
Mdsx FOB 2.57 2.57 N/A 2.82 12.64 464.53 2.82 12.89 473.72
PROCESSORS
Windsor 2.99 13.06 479.96 3.00 13.07 480.33
TRANSFER
Hamilton 3.20 13.27 487.68 3.25 13.32 489.52
Prescott N/A 3.07 13.14 482.90
Port Colborn3.07 13.14 482.90 3.37 13.44 493.93
Toledo El. -0.20 9.87 362.59 -0.68 9.39 345.06
Exchange rate was 1.363 up 0.0004
Chicago wheat closed moderately lower.
SEP25 HI 5.57 1/2 JUL26 HI 6.13 3/4
LOW 5.44 LOW 6.01
CLOSE 5.45 Down 9 1/2 CLOSE 6.01 1/2 Down 10 1/2
Minni wheat closed lower.
SEP25 HI 6.33 SEP26 HI 6.62 1/4
LOW 6.12 LOW 6.62 1/4
CLOSE 6.13 3/4 Down 18 CLOSE 6.62 1/4 Down 16 1/2
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 0.90 N/A N/A N/A 1.05 N/A
London N/A 1.65 0.83 N/A N/A 1.70 1.04 N/A
Hensall 2.00 1.70 0.90 1.85 2.10 1.80 1.05 N/A
Trenton N/A N/A 0.95 N/A N/A N/A 1.15 N/A
Bruce 1.90 1.80 0.90 1.20 2.05 1.95 1.05 1.50
Essex N/A N/A 0.85 N/A N/A N/A 1.05 N/A
Norwich 1.95 N/A 0.85 N/A 2.10 N/A 1.10 N/A
Winchester N/A N/A N/A N/A N/A N/A N/A N/A
Belmore N/A 1.75 0.85 1.10 N/A 1.70 1.05 N/A
Kent Bridge 1.95 N/A 0.85 N/A 2.10 N/A 1.10 N/A
Chatham N/A N/A 0.85 N/A N/A N/A 1.05 N/A
Brigden N/A N/A 0.85 N/A N/A N/A 1.05 N/A
Palmerston N/A 1.75 0.85 1.10 N/A 1.70 1.05 N/A
Varna 2.00 2.15 1.05 N/A 2.10 1.80 0.85 N/A
Mitchell 1.95 N/A 0.85 N/A 2.10 N/A 1.10 N/A
Thornton N/A 1.65 0.83 1.73 N/A 1.70 1.04 N/A
North Gower N/A 1.05 1.20 0.87 N/A 1.05 1.20 0.52
W O Feed 1.59
TERMINAL
Port Colbor N/A N/A 1.44 N/A N/A N/A 1.38 N/A
PROCESSORS
Toledo FM N/A N/A 1.64 N/A N/A N/A 2.12 N/A
Toledo El. 5.16US 7.03CA 5.77US 7.86CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 423.63
DDG's FOB Aylm 230.00
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