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Macon MFA 1805 A N Missouri St Macon, MO 63552 660-385-5753 Shelbina MFA 215 W Maple St Shelbina, MO 63468 573-588-4140 CLICK - MFA CONNECT |
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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, July 16
Exchange rate was 1.366 down 0.0011
Chicago soybeans closed slightly higher.
NOV25 HI 10.21 3/4 NOV25 HI 10.21 3/4
LOW 10.02 1/2 LOW 10.02 1/2
CLOSE10.20 1/2 Up 18 3/4 CLOSE 10.20 1/2 Up 18 3/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +NOV25+NOV25+NOV25
CK Low 2.73 12.94 475.28 2.65 12.86 472.34
CK High 2.80 13.01 477.85 2.75 12.96 476.01
CK Average 2.78 -0.70 12.98 477.07 2.73 -0.74 12.93 475.10
Essex Cty 2.80 13.01 477.85 2.75 12.96 476.01
Mdsx Low 2.73 12.94 475.28 2.65 12.86 472.34
Mdsx High 2.80 13.01 477.85 2.75 12.96 476.01
Mdsx Average2.78 -0.70 12.98 476.97 2.72 -0.74 12.93 474.91
Hensall 2.72 12.92 474.79 2.65 12.86 472.34
Bruce 2.80 13.01 477.85 2.75 12.96 476.01
Putnam 2.80 13.01 477.85 2.75 12.96 476.01
Guelph 2.74 12.95 475.65 2.71 12.92 474.55
Burford 2.78 12.99 477.12 2.75 12.96 476.01
Port Perry 2.57 12.78 469.40 2.54 12.75 468.30
Norfolk 2.80 13.01 477.85 2.75 12.96 476.01
Palmerston 2.70 12.91 474.18 2.65 12.86 472.34
Varna 2.70 12.91 474.18 2.65 12.86 472.34
Trenton N/A 2.60 12.81 470.50
Winchester 2.71 12.92 474.55 2.55 12.76 468.67
North Gower 2.80 13.01 477.85 2.65 12.86 472.34
Vankleek Hil2.45 12.66 464.99 2.80 13.01 477.85
Huron FOB 2.62 2.82 N/A N/A 12.83 471.24 2.75 12.96 476.01
Kent FOB 2.85 13.06 479.69 2.75 12.96 476.01
Lambton FOB 2.75 12.96 476.01 2.75 12.96 476.01
Mdsx FOB 2.61 2.61 N/A 2.86 12.82 470.87 2.86 13.07 480.06
PROCESSORS
Windsor 3.07 13.28 487.77 3.08 13.29 488.14
TRANSFER
Hamilton 3.30 13.51 496.22 3.35 13.56 498.06
Prescott N/A 3.00 13.21 485.20
Port Colborn3.11 13.32 489.24 3.42 13.63 500.63
Toledo El. -0.20 10.00 367.44 -0.68 9.52 349.87
Exchange rate was 1.366 down 0.0011
Chicago wheat closed slightly higher.
SEP25 HI 5.43 1/2 JUL26 HI 6.00
LOW 5.33 1/2 LOW 5.91 3/4
CLOSE 5.41 1/4 Up 3 1/4 CLOSE 5.98 3/4 Up 2 1/2
Minni wheat closed narrowly mixed.
SEP25 HI 6.05 3/4 SEP26 HI 6.55
LOW 5.98 1/4 LOW 6.55
CLOSE 5.99 1/2 Down 1 3/4 CLOSE 6.55 Up 3
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 0.80 N/A N/A N/A 1.00 N/A
London N/A 1.65 0.80 N/A N/A 1.67 1.02 N/A
Hensall 1.95 1.65 0.85 1.85 2.05 1.75 1.00 1.75
Trenton N/A N/A 0.95 N/A N/A N/A 1.10 N/A
Bruce 1.85 1.75 0.85 1.40 2.00 1.90 1.00 1.60
Essex N/A N/A 0.75 N/A N/A N/A 1.00 N/A
Norwich 1.95 N/A 0.80 N/A 2.10 N/A 1.00 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 1.00 N/A
Kent Bridge 1.95 N/A 0.80 N/A 2.10 N/A 1.00 N/A
Chatham N/A N/A 0.75 N/A N/A N/A 1.00 N/A
Brigden N/A N/A 0.75 N/A N/A N/A 1.00 N/A
Palmerston N/A 1.75 0.85 1.10 N/A 1.70 1.00 N/A
Varna 1.95 1.95 0.85 N/A 2.05 1.75 1.00 N/A
Mitchell 1.95 N/A 0.85 N/A 2.10 N/A 1.00 N/A
Thornton N/A 1.65 0.80 1.68 N/A 1.67 1.02 N/A
North Gower N/A 1.05 1.20 0.87 N/A 1.05 1.20 0.52
W O Feed 1.52
TERMINAL
Port Colbor N/A N/A 1.34 N/A N/A N/A 1.35 N/A
PROCESSORS
Toledo FM N/A N/A 1.64 N/A N/A N/A 2.12 N/A
Toledo El. 5.12US 7.00CA 5.74US 7.84CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 421.53
DDG's FOB Aylm 230.00
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