FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, October 23 Exchange rate was 1.3668 down 0.0028 Chicago soybeans closed slightly lower. NOV23 HI 13.04 NOV24 HI 12.69 1/2 LOW 12.86 LOW 12.56 3/4 CLOSE12.86 3/4 Down 15 1/2 CLOSE 12.59 Down 8 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV23+JAN24+JAN24 CK Low 3.56 16.43 603.61 3.30 15.89 583.86 CK High 3.70 16.57 608.75 3.44 16.03 589.00 CK Average 3.63 -0.80 16.50 606.18 3.36 -0.92 15.95 586.17 Essex Cty 3.60 16.47 605.08 3.35 15.94 585.69 Mdsx Low 3.46 16.33 599.93 3.30 15.89 583.86 Mdsx High 3.75 16.62 610.59 3.35 15.94 585.69 Mdsx Average3.62 -0.81 16.48 605.63 3.34 -0.94 15.93 585.14 Hensall 3.65 16.52 606.91 3.35 15.94 585.69 Bruce 3.65 16.52 606.91 3.35 15.94 585.69 Putnam 3.75 16.62 610.59 3.35 15.94 585.69 Guelph 3.63 16.50 606.18 3.45 16.04 589.37 Burford 3.62 16.49 605.81 3.50 16.09 591.21 Port Perry 3.43 16.30 598.83 3.31 15.90 584.22 Norfolk 3.65 16.52 606.91 3.30 15.89 583.86 Palmerston 3.60 16.47 605.08 3.35 15.94 585.69 Varna 3.65 16.52 606.91 3.35 15.94 585.69 Trenton 3.40 16.27 597.73 3.40 15.99 587.53 Winchester 3.68 16.55 608.02 3.42 16.01 588.27 North Gower 3.25 16.12 592.22 3.30 15.89 583.86 Vankleek Hil3.50 16.37 601.40 3.40 15.99 587.53 Huron FOB 3.65 3.65 3.69 3.82 16.52 606.91 N/A Kent FOB 3.60 16.47 605.08 3.30 15.89 583.86 Lambton FOB 3.91 16.78 616.47 N/A Mdsx FOB N/A 3.71 3.84 3.98 N/A PROCESSORS Windsor 4.12 16.99 624.18 4.08 16.67 612.52 TRANSFER Hamilton 4.10 16.97 623.45 4.00 16.59 609.58 Prescott 3.64 16.51 606.55 N/A Port Colborn N/A 4.12 16.71 613.99 Toledo El. -0.68 12.18 447.69 -0.75 11.84 434.98 Exchange rate was 1.3668 down 0.0028 Chicago wheat closed narrowly mixed. DEC23 HI 5.95 1/4 JUL24 HI 6.51 1/4 LOW 5.82 LOW 6.40 1/2 CLOSE 5.87 1/4 Up 1 1/4 CLOSE 6.45 1/4 Down 1/4 Minni wheat closed slightly higher. DEC23 HI 7.45 3/4 SEP24 HI 7.86 1/4 LOW 7.29 1/2 LOW 7.84 CLOSE 7.37 3/4 Up 7 CLOSE 7.84 Up 2 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 0.80 N/A N/A N/A 1.05 N/A London 1.42 1.56 0.81 N/A 1.09 1.57 1.09 N/A Hensall 1.60 1.60 0.90 1.25 1.65 1.55 1.05 N/A Trenton N/A N/A 0.85 N/A N/A N/A 1.00 N/A Bruce N/A 1.40 0.90 1.00 1.55 1.55 1.05 N/A Essex N/A N/A 0.80 N/A N/A N/A 1.05 N/A Norwich 1.60 N/A 0.80 N/A 1.70 N/A 1.00 N/A Belmore 1.60 1.10 0.85 1.10 1.70 1.15 1.00 N/A Kent Bridge 1.60 N/A 0.80 N/A 1.70 N/A 1.00 N/A Chatham N/A N/A 0.80 N/A N/A N/A 1.05 N/A Brigden N/A N/A 0.80 N/A N/A N/A 1.05 N/A Palmerston 1.60 1.10 0.85 1.10 1.70 1.15 1.00 N/A Varna 1.60 1.60 0.90 N/A 1.65 1.55 1.05 N/A Mitchell 1.60 1.40 0.80 N/A 1.70 1.50 1.00 N/A Thornton 1.42 1.56 0.81 1.22 1.09 1.57 1.09 N/A North Gower N/A 0.70 0.95 0.97 N/A 0.93 1.23 0.92 W O Feed 1.88 TERMINAL Port Colbor N/A N/A 1.56 N/A N/A N/A 1.56 N/A PROCESSORS Toledo FM N/A N/A 1.68 N/A N/A N/A 2.23 N/A Toledo El. 5.32US 7.27CA 6.21US 8.49CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 664.15 DDG's FOB Aylm 310.00