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MFA Agri Services of Iowa – Corydon, Leon and Lineville.
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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, June 9
Exchange rate was 1.3949 up 0.0002
Chicago soybeans closed slightly lower.
JUL26 HI 11.18 1/2 NOV26 HI 11.37 1/2
LOW 11.10 1/4 LOW 11.29 3/4
CLOSE11.13 3/4 Down 2 CLOSE 11.32 Down 3 1/2
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +JUL26+AUG26+NOV26
CK Low 4.10 15.24 559.88 3.45 14.77 542.70
CK High 4.11 15.25 560.25 3.55 14.87 546.38
CK Average 4.10 -0.21 15.24 559.93 3.47 -0.72 14.79 543.49
Essex Cty 4.10 15.24 559.88 3.45 14.77 542.70
Mdsx Low 4.10 15.24 559.88 3.45 14.77 542.70
Mdsx High 4.11 15.25 560.25 3.47 14.79 543.44
Mdsx Average4.10 -0.21 15.24 559.96 3.45 -0.73 14.77 542.85
Hensall 4.13 15.27 561.11 3.45 14.77 542.70
Bruce 4.15 15.29 561.72 3.45 14.77 542.70
Putnam 4.10 15.24 559.88 3.55 14.87 546.38
Guelph 4.01 15.15 556.58 3.40 14.72 540.87
Burford 4.23 15.37 564.66 3.59 14.91 547.85
Brantford 4.20 15.34 563.56 3.50 14.82 544.54
Port Perry 4.00 15.14 556.21 3.36 14.68 539.40
Norfolk 4.10 15.24 559.88 3.45 14.77 542.70
Palmerston 4.15 15.29 561.72 3.45 14.77 542.70
Varna 4.15 15.29 561.72 3.45 14.77 542.70
Trenton 3.35 14.49 532.32 3.40 14.72 540.87
Winchester N/A 3.40 14.72 540.87
North Gower 3.90 15.04 552.53 3.40 14.72 540.87
Vankleek Hil4.23 15.37 564.66 3.54 14.86 546.01
Huron FOB 4.18 4.19 N/A N/A 15.32 562.82 N/A
Kent FOB 4.05 15.19 558.05 3.40 14.72 540.87
Lambton FOB 4.20 15.34 563.56 3.45 14.77 542.70
Mdsx FOB 3.93 3.93 N/A N/A 15.07 553.64 3.51 14.83 544.91
PROCESSORS
Windsor 4.26 15.40 565.76 3.90 15.22 559.24
TRANSFER
Hamilton 4.70 15.84 581.93 3.95 15.27 561.08
Prescott N/A 3.93 15.25 560.34
Port Colborn4.22 15.36 564.29 4.02 15.34 563.65
Toledo El. 0.07 11.21 411.80 -0.56 10.76 395.44
Exchange rate was 1.3949 up 0.0002
Chicago wheat closed narrowly mixed.
JUL26 HI 5.95 JUL26 HI 5.95
LOW 5.81 3/4 LOW 5.81 3/4
CLOSE 5.85 1/4 Up 2 CLOSE 5.85 1/4 Up 2
Minni wheat closed slightly lower.
JUL26 HI 6.25 3/4 SEP26 HI 6.51 3/4
LOW 6.16 3/4 LOW 6.43
CLOSE 6.17 1/2 Down 2 CLOSE 6.43 1/4 Down 1 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 1.93 1.21 N/A N/A 1.79 1.16 N/A
Hensall 1.20 1.80 1.20 1.85 1.25 1.70 1.15 1.70
Trenton N/A N/A N/A N/A N/A N/A N/A N/A
Bruce 1.25 1.85 1.20 1.90 1.50 1.75 1.15 1.75
Essex N/A N/A N/A N/A N/A N/A 1.17 N/A
Norwich 1.30 N/A 1.20 N/A 1.30 N/A 1.20 N/A
Winchester N/A N/A N/A N/A N/A N/A N/A N/A
Belmore N/A N/A 1.20 N/A N/A 1.70 1.15 1.30
Kent Bridge 1.30 N/A 1.20 N/A 1.30 N/A 1.20 N/A
Chatham N/A N/A N/A N/A N/A N/A 1.17 N/A
Brigden N/A N/A 1.15 N/A N/A N/A 1.17 N/A
Palmerston N/A N/A 1.20 N/A N/A 1.70 1.15 1.30
Varna N/A 2.30 1.20 N/A 1.20 1.70 1.15 N/A
Mitchell 1.30 N/A 1.20 N/A 1.30 N/A 1.20 N/A
Thornton N/A 1.93 1.21 1.77 N/A 1.79 1.16 N/A
North Gower N/A 1.60 1.80 1.78 N/A 1.60 1.80 1.42
W O Feed 1.88
TERMINAL
Port Colbor N/A N/A 1.60 N/A N/A N/A 1.71 N/A
Toledo El. 5.70US 7.95CA 5.70US 7.95CA
(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 285.00
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