River Valley MFA  -  CLICK - MFA CUSTOMER PORTAL

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, March 27
Exchange rate was 1.3635 down 0.0078
Chicago soybeans closed slightly higher.

      JUL23   HI 14.23  1/2              NOV23     HI 12.91  3/4
             LOW 14.01  1/4                       LOW 12.70
            CLOSE14.20  3/4  Up 14 1/2          CLOSE 12.88  1/2  Up 15 1/4

            OLD CROP                                  NEW CROP
Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt
ELEVATORS        +JUL23+JUL23+JUL23
CK Low      4.90                         19.11 702.08  4.00        16.89 620.42
CK High     4.95                         19.16 703.92  4.06        16.95 622.62
CK Average  4.92                   -0.18 19.13 702.92  4.03 -0.48  16.92 621.52
Essex Cty   4.95                         19.16 703.92  4.05        16.94 622.25
Mdsx Low    4.90                         19.11 702.08  4.00        16.89 620.42
Mdsx High   4.95                         19.16 703.92  4.10        16.99 624.09
Mdsx Average4.93                   -0.18 19.13 703.00  4.04 -0.47  16.92 621.80
Hensall     4.90                         19.11 702.08  4.00        16.89 620.42
Bruce       4.90                         19.11 702.08  4.00        16.89 620.42
Putnam      4.90                         19.11 702.08  4.00        16.89 620.42
Burford     5.02                         19.23 706.49  4.17        17.06 626.66
Port Perry  4.86                         19.07 700.61  4.01        16.90 620.78
Norfolk     4.95                         19.16 703.92  4.05        16.94 622.25
Palmerston   N/A                                       N/A
Varna       4.90                         19.11 702.08  4.00        16.89 620.42
Trenton     4.90                         19.11 702.08  4.00        16.89 620.42
Winchester  4.90                         19.11 702.08  4.05        16.94 622.25
North Gower 5.15                         19.36 711.27  4.10        16.99 624.09
Vankleek Hil4.92                         19.13 702.82  3.87        16.76 615.64
Huron FOB   4.90  5.00  5.09  N/A        19.11 702.08  N/A
Kent FOB    5.20                         19.41 713.10  4.05        16.94 622.25
Lambton FOB 4.98                         19.19 705.02  N/A
Mdsx FOB    5.01  5.21  N/A   N/A        19.22 706.12  4.25        17.14 629.60

PROCESSORS
Windsor     5.43                         19.64 721.55  4.58        17.47 641.73

TRANSFER
Hamilton    5.45                         19.66 722.29  4.75        17.64 647.98
Prescott     N/A                                       4.47        17.36 637.69
Port Colborn5.09                         19.30 709.06  4.73        17.62 647.24

Toledo El.  0.11                         14.32 526.04 -0.61        12.27 450.90


Exchange rate was 1.3635 down 0.0078
Chicago wheat closed slightly higher.
MAY23      HI     7.06  1/2            JUL23   HI      7.17  3/4
           LOW    6.80  1/4                    LOW        6.92
           CLOSE  6.98   Up 9 1/2              CLOSE   7.09  1/2  Up 9 1/2

Minni wheat closed moderately higher.
MAY23      HI     8.80  3/4            SEP23   HI      8.78  1/4
           LOW    8.54  1/4                    LOW     8.55  1/4
           CLOSE  8.73  1/2  Up 16             CLOSE   8.70  1/2  Up 13



Direct MarkHarvest 2022                Harvest 2023
           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   1.50    N/A    N/A     N/A    1.30    N/A
London      2.47   1.99   1.37    N/A    2.71    1.82   1.21    N/A
Hensall     4.20    N/A   1.50    N/A    2.90    N/A    1.30    N/A
Trenton      N/A    N/A    N/A    N/A    N/A     N/A    1.30    N/A
Bruce       2.50   2.00   1.50   1.15    2.30    1.80   1.30   1.15
Essex        N/A    N/A   1.45    N/A    N/A     N/A    1.30    N/A
Norwich     4.20    N/A   1.50    N/A    2.90    N/A    1.30    N/A
Belmore     2.50   1.75   1.55   1.15    2.00    1.90   1.30    N/A
Kent Bridge 4.20    N/A   1.50    N/A    2.90    N/A    1.30    N/A
Chatham      N/A    N/A   1.45    N/A    N/A     N/A    1.30    N/A
Brigden      N/A    N/A   1.45    N/A    N/A     N/A    1.30    N/A
Palmerston   N/A   1.81   1.26    N/A    N/A     N/A     N/A    N/A
Varna       4.15   2.20   1.55    N/A    2.80    1.90   1.30    N/A
Mitchell    4.20    N/A   1.50    N/A    2.90    1.95   1.30    N/A
Thornton    2.47   1.99   1.37   1.81    2.71    1.82   1.21    N/A
North Gower  N/A   1.40   1.70   1.92    N/A     1.10   1.40   1.52
W O Feed                  2.27

TERMINAL
Port Colbor  N/A    N/A   2.19    N/A    N/A     N/A    1.89    N/A

PROCESSORS
Toledo FM    N/A    N/A    N/A    N/A    N/A     N/A    2.31    N/A

Toledo El. 6.63US        9.04CA         6.85US         9.33CA


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

FEED GRAINS
FOB Hm Soymeal            741.87
DDG's FOB Aylm            370.00