Red Deer

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, August 28 Exchange rate was 1.3581 down 0.0002 Chicago soybeans closed slightly to moderately higher. NOV23 HI 14.09 1/2 NOV23 HI 14.09 1/2 LOW 13.94 3/4 LOW 13.94 3/4 CLOSE14.05 3/4 Up 18 CLOSE 14.05 3/4 Up 18 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV23+NOV23+NOV23 CK Low 5.00 19.06 700.24 3.70 17.76 652.48 CK High 5.01 19.07 700.61 3.90 17.96 659.83 CK Average 5.00 -0.02 19.06 700.30 3.84 -0.88 17.89 657.52 Essex Cty 5.00 19.06 700.24 3.90 17.96 659.83 Mdsx Low 4.99 19.05 699.88 3.80 17.86 656.15 Mdsx High 5.00 19.06 700.24 3.85 17.91 657.99 Mdsx Average5.00 -0.03 19.06 700.15 3.84 -0.88 17.89 657.44 Hensall 5.00 19.06 700.24 3.85 17.91 657.99 Bruce 4.80 18.86 692.89 3.85 17.91 657.99 Putnam 5.00 19.06 700.24 3.85 17.91 657.99 Guelph 4.95 19.01 698.41 3.82 17.88 656.89 Burford 5.09 19.15 703.55 3.94 18.00 661.29 Port Perry 4.93 18.99 697.67 3.78 17.84 655.42 Norfolk 5.00 19.06 700.24 3.85 17.91 657.99 Palmerston 5.00 19.06 700.24 3.85 17.91 657.99 Varna 5.00 19.06 700.24 3.85 17.91 657.99 Trenton N/A 3.85 17.91 657.99 Winchester N/A 3.80 17.86 656.15 North Gower 4.50 18.56 681.87 3.65 17.71 650.64 Vankleek Hil4.78 18.84 692.16 3.78 17.84 655.42 Huron FOB N/A 5.18 3.85 3.85 3.85 17.91 657.99 Kent FOB 5.00 19.06 700.24 3.85 17.91 657.99 Lambton FOB 5.00 19.06 700.24 4.12 18.18 667.91 Mdsx FOB 5.21 N/A 4.10 4.22 19.27 707.96 4.10 18.16 667.17 PROCESSORS Windsor 5.67 19.73 724.86 4.51 18.57 682.24 TRANSFER Hamilton 5.45 19.51 716.78 4.50 18.56 681.87 Prescott N/A 4.39 18.45 677.83 Port Colborn N/A 4.75 18.81 691.06 Toledo El. -0.48 13.58 499.06 -0.95 13.11 481.59 Exchange rate was 1.3581 down 0.0002 Chicago wheat closed slightly lower. SEP23 HI 5.99 1/4 JUL24 HI 6.76 3/4 LOW 5.84 LOW 6.64 3/4 CLOSE 5.88 Down 5 1/4 CLOSE 6.68 3/4 Down 4 Minni wheat closed moderately lower. SEP23 HI 7.80 1/4 SEP24 HI 8.15 LOW 7.62 1/4 LOW 8.06 CLOSE 7.65 1/4 Down 10 1/2 CLOSE 8.08 Down 10 1/4 Direct MarkHarvest 2023 Harvest 2024 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 0.65 N/A N/A N/A 0.85 N/A London 1.50 1.16 0.55 N/A 1.90 1.38 0.77 N/A Hensall 2.00 1.55 0.75 1.45 1.75 1.55 0.90 N/A Trenton N/A N/A 0.65 N/A N/A N/A N/A N/A Bruce 1.50 1.20 0.70 1.15 1.40 1.20 0.90 N/A Essex N/A N/A 0.64 N/A N/A N/A 0.90 N/A Norwich 1.90 N/A 0.65 N/A 1.80 N/A 0.85 N/A Belmore 1.75 1.15 0.75 1.20 1.90 1.15 0.90 N/A Kent Bridge 1.90 N/A 0.55 N/A 1.80 N/A 0.85 N/A Chatham N/A N/A 0.64 N/A N/A N/A 0.90 N/A Brigden N/A N/A 0.49 N/A N/A N/A 0.90 N/A Palmerston 1.75 1.15 0.75 1.20 1.90 1.15 0.90 N/A Varna 2.00 1.55 0.75 N/A 1.75 1.55 0.90 N/A Mitchell 1.90 1.50 0.65 N/A 1.80 1.50 0.85 N/A Thornton 1.50 1.16 0.55 1.14 1.90 1.38 0.77 N/A North Gower N/A 0.60 0.85 1.17 N/A 0.51 0.81 0.82 W O Feed 1.54 TERMINAL Port Colbor N/A N/A 1.23 N/A N/A N/A 0.95 N/A PROCESSORS Toledo FM N/A N/A 1.70 N/A N/A N/A N/A N/A Toledo El. 5.50US 7.47CA 6.45US 8.76CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 705.16 DDG's FOB Aylm 310.00