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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 Fri, July 17
Exchange rate was 1.398 down 0.0034
Chicago soybeans closed slightly higher.
NOV26 HI 12.04 NOV26 HI 12.04
LOW 11.86 1/2 LOW 11.86 1/2
CLOSE12.03 Up 8 CLOSE 12.03 Up 8
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +NOV26+NOV26+NOV26
CK Low 4.15 16.18 594.51 3.80 15.83 581.65
CK High 4.30 16.33 600.02 3.90 15.93 585.33
CK Average 4.25 -0.38 16.28 598.19 3.81 -0.70 15.84 582.11
Essex Cty 4.25 16.28 598.19 3.80 15.83 581.65
Mdsx Low 4.15 16.18 594.51 3.80 15.83 581.65
Mdsx High 4.30 16.33 600.02 3.80 15.83 581.65
Mdsx Average4.24 -0.39 16.27 597.82 3.80 -0.71 15.83 581.65
Hensall 4.30 16.33 600.02 3.78 15.81 581.04
Bruce 4.32 16.35 600.76 3.80 15.83 581.65
Putnam 4.30 16.33 600.02 3.95 15.98 587.16
Guelph 4.10 16.13 592.68 3.70 15.73 577.98
Burford 4.27 16.30 598.92 3.92 15.95 586.06
Brantford 4.37 16.40 602.60 3.90 15.93 585.33
Port Perry 4.04 16.07 590.47 3.69 15.72 577.61
Norfolk 4.25 16.28 598.19 3.85 15.88 583.49
Palmerston 4.30 16.33 600.02 3.80 15.83 581.65
Varna 4.32 16.35 600.76 3.80 15.83 581.65
Trenton N/A 3.70 15.73 577.98
Winchester N/A 3.75 15.78 579.82
North Gower 4.22 16.25 597.09 3.70 15.73 577.98
Vankleek Hil4.63 16.66 612.15 3.95 15.98 587.16
Huron FOB N/A 4.32 N/A 3.80 3.80 15.83 581.65
Kent FOB 4.15 16.18 594.51 3.80 15.83 581.65
Lambton FOB 4.25 16.28 598.19 3.80 15.83 581.65
Mdsx FOB 3.85 4.41 N/A 3.85 15.88 583.49 3.85 15.88 583.49
PROCESSORS
Windsor 4.60 16.63 611.05 4.20 16.23 596.35
TRANSFER
Hamilton 4.70 16.73 614.72 4.40 16.43 603.70
Prescott N/A 4.35 16.38 601.86
Port Colborn4.35 16.38 601.86 4.43 16.46 604.80
Toledo El. 0.17 12.20 448.19 -0.56 11.47 421.48
Exchange rate was 1.398 down 0.0034
Chicago wheat closed moderately higher.
SEP26 HI 6.85 JUL27 HI 7.17
LOW 6.66 1/2 LOW 7.00 3/4
CLOSE 6.82 3/4 Up 8 CLOSE 7.16 1/4 Up 8 1/4
Minni wheat closed slightly to moderately higher.
SEP26 HI 6.93 1/4 SEP27 HI 7.38 1/4
LOW 6.80 3/4 LOW 7.15
CLOSE 6.91 3/4 Up 6 1/2 CLOSE 7.36 1/2 Up 11 1/2
Direct MarkHarvest 2026 Harvest 2027
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 1.35 N/A N/A N/A 1.35 N/A
London N/A 2.19 1.30 N/A N/A 1.82 1.29 N/A
Hensall 1.45 2.00 1.35 2.00 1.45 1.90 1.35 2.00
Trenton N/A N/A 1.35 N/A N/A N/A N/A N/A
Bruce 1.40 1.95 1.35 1.85 1.40 1.85 1.35 1.90
Essex N/A N/A 1.35 N/A N/A N/A 1.35 N/A
Norwich 1.40 N/A 1.30 N/A 1.45 N/A 1.30 N/A
Winchester N/A N/A N/A N/A N/A N/A N/A N/A
Belmore N/A 1.70 1.35 1.30 N/A N/A 1.35 N/A
Kent Bridge 1.40 N/A 1.30 N/A 1.45 N/A 1.30 N/A
Chatham N/A N/A 1.35 N/A N/A N/A 1.35 N/A
Brigden N/A N/A 1.35 N/A N/A N/A 1.35 N/A
Palmerston N/A 1.70 1.35 1.30 N/A N/A 1.35 N/A
Varna N/A 2.00 1.35 N/A N/A 1.90 1.35 N/A
Mitchell 1.40 N/A 1.30 N/A 1.45 N/A 1.30 N/A
Thornton N/A 2.19 1.30 2.01 N/A 1.82 1.29 N/A
North Gower N/A 1.70 1.90 1.52 N/A 1.10 1.30 1.27
W O Feed 2.05
TERMINAL
Port Colbor N/A N/A 1.93 N/A N/A N/A 2.02 N/A
Toledo El. 6.68US 9.34CA N/A
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 562.41
DDG's FOB Aylm 268.00
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