FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, July 31 Exchange rate was 1.3146 down 0.0075 Chicago soybeans closed moderately lower to lower. NOV23 HI 13.75 1/2 NOV23 HI 13.75 1/2 LOW 13.22 3/4 LOW 13.22 3/4 CLOSE13.31 3/4 Down 50 3/4 CLOSE 13.31 3/4 Down 50 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV23+NOV23+NOV23 CK Low 4.83 18.15 666.81 3.05 16.37 601.40 CK High 4.95 18.27 671.22 3.20 16.52 606.91 CK Average 4.88 0.53 18.20 668.64 3.11 -0.82 16.43 603.76 Essex Cty 4.85 18.17 667.54 3.15 16.47 605.08 Mdsx Low 4.81 18.13 666.07 3.03 16.35 600.67 Mdsx High 5.00 18.32 673.05 3.20 16.52 606.91 Mdsx Average4.89 0.53 18.21 669.01 3.11 -0.82 16.43 603.52 Hensall 4.80 18.12 665.70 3.07 16.38 602.02 Bruce 4.90 18.22 669.38 3.15 16.47 605.08 Putnam 4.90 18.22 669.38 3.10 16.42 603.24 Guelph 4.84 18.16 667.17 3.15 16.47 605.08 Burford 4.91 18.23 669.75 3.13 16.45 604.34 Port Perry 4.75 18.07 663.87 2.97 16.29 598.46 Norfolk 4.85 18.17 667.54 3.15 16.47 605.08 Palmerston 4.75 18.07 663.87 3.05 16.37 601.40 Varna 4.75 18.07 663.87 3.05 16.37 601.40 Trenton N/A 3.15 16.47 605.08 Winchester N/A 3.10 16.42 603.24 North Gower 5.15 18.47 678.56 3.20 16.52 606.91 Vankleek Hil3.95 17.27 634.47 3.12 16.44 603.97 Huron FOB 4.84 N/A 3.05 3.05 18.16 667.17 3.05 16.37 601.40 Kent FOB 4.95 18.27 671.22 3.10 16.42 603.24 Lambton FOB 4.95 18.27 671.22 N/A Mdsx FOB 4.90 N/A N/A N/A 18.22 669.38 3.10 16.42 603.24 PROCESSORS Windsor 5.31 18.63 684.44 3.59 16.91 621.24 TRANSFER Hamilton 5.25 18.57 682.24 3.70 17.02 625.29 Prescott N/A 3.47 16.79 616.84 Port Colborn N/A 3.74 17.06 626.76 Toledo El. 0.20 13.51 496.58 -0.79 12.53 460.35 Exchange rate was 1.3146 down 0.0075 Chicago wheat closed lower. SEP23 HI 7.03 JUL24 HI 7.52 1/2 LOW 6.60 1/4 LOW 7.25 1/2 CLOSE 6.65 3/4 Down 38 1/2 CLOSE 7.27 1/4 Down 27 1/4 Minni wheat closed lower to sharply lower. SEP23 HI 8.95 1/4 SEP24 HI 8.26 LOW 8.51 LOW 8.24 CLOSE 8.55 3/4 Down 40 1/4 CLOSE 8.24 Down 24 1/2 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 0.70 N/A N/A N/A 0.80 N/A London 1.71 1.25 0.45 N/A 1.85 1.38 0.78 N/A Hensall 1.95 1.50 0.70 1.40 1.70 1.50 0.85 N/A Trenton N/A N/A 0.65 N/A N/A N/A N/A N/A Bruce 1.65 1.05 0.65 1.15 1.38 1.20 0.80 N/A Essex N/A N/A 0.50 N/A N/A N/A 0.80 N/A Norwich 1.95 N/A 0.70 N/A 1.80 N/A 0.80 N/A Belmore 1.75 1.25 0.70 1.20 1.90 1.30 0.85 N/A Kent Bridge 1.95 N/A 0.60 N/A 1.80 N/A 0.80 N/A Chatham N/A N/A 0.50 N/A N/A N/A 0.80 N/A Brigden N/A N/A 0.40 N/A N/A N/A 0.80 N/A Palmerston 1.75 1.25 0.70 1.20 1.90 1.30 0.85 N/A Varna 1.95 1.50 0.70 N/A 1.70 1.50 0.85 N/A Mitchell 1.95 1.35 0.70 N/A 1.80 1.30 0.80 N/A Thornton 1.71 1.25 0.59 1.21 1.81 1.38 0.78 N/A North Gower N/A 0.85 1.10 1.22 N/A 0.59 0.90 0.87 W O Feed 1.43 TERMINAL Port Colbor N/A N/A 1.25 N/A N/A N/A 1.05 N/A PROCESSORS Toledo FM N/A N/A 1.70 N/A N/A N/A N/A N/A Toledo El. 6.28US 8.25CA 7.03US 9.24CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 709.02 DDG's FOB Aylm 300.00