FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, August 3 Exchange rate was 1.3327 up 0.0002 Chicago soybeans closed slightly higher. NOV23 HI 13.37 1/4 NOV23 HI 13.37 1/4 LOW 13.18 1/2 LOW 13.18 1/2 CLOSE13.25 1/4 Up 4 CLOSE 13.25 1/4 Up 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 4.85 18.10 665.15 3.20 16.45 604.53 CK High 4.94 18.19 668.46 3.27 16.52 607.10 CK Average 4.90 0.37 18.15 666.93 3.22 -0.89 16.48 605.42 Essex Cty 4.90 18.15 666.99 3.25 16.50 606.36 Mdsx Low 4.85 18.10 665.15 3.10 16.35 600.85 Mdsx High 4.92 18.17 667.73 3.25 16.50 606.36 Mdsx Average4.89 0.36 18.15 666.71 3.19 -0.92 16.44 604.07 Hensall 4.90 18.15 666.99 3.20 16.45 604.53 Bruce 4.85 18.10 665.15 3.20 16.45 604.53 Putnam 4.90 18.15 666.99 3.20 16.45 604.53 Guelph 4.79 18.04 662.95 3.12 16.37 601.59 Burford 5.02 18.27 671.40 3.35 16.60 610.04 Port Perry 4.86 18.11 665.52 3.19 16.44 604.16 Norfolk 4.90 18.15 666.99 3.25 16.50 606.36 Palmerston 4.90 18.15 666.99 3.20 16.45 604.53 Varna 4.90 18.15 666.99 3.20 16.45 604.53 Trenton N/A 3.20 16.45 604.53 Winchester N/A 3.10 16.35 600.85 North Gower 5.05 18.30 672.50 3.15 16.40 602.69 Vankleek Hil3.87 17.12 629.14 3.23 16.48 605.63 Huron FOB 4.95 N/A 3.20 3.20 18.20 668.83 3.20 16.45 604.53 Kent FOB 5.00 18.25 670.66 3.20 16.45 604.53 Lambton FOB 5.00 18.25 670.66 N/A Mdsx FOB 5.01 N/A 3.52 N/A 18.26 671.03 3.52 16.77 616.28 PROCESSORS Windsor 5.70 18.95 696.39 3.82 17.07 627.31 TRANSFER Hamilton 5.35 18.60 683.52 3.90 17.15 630.25 Prescott N/A 3.59 16.84 618.86 Port Colborn N/A 4.03 17.28 635.02 Toledo El. 0.00 13.25 486.95 -0.80 12.45 457.56 Exchange rate was 1.3327 up 0.0002 Chicago wheat closed slightly to moderately lower. SEP23 HI 6.48 1/4 JUL24 HI 7.14 3/4 LOW 6.26 1/4 LOW 7.01 1/2 CLOSE 6.27 Down 13 CLOSE 7.04 1/2 Down 4 3/4 Minni wheat closed slightly to moderately lower. SEP23 HI 8.58 1/2 SEP24 HI 8.15 LOW 8.33 LOW 8.10 3/4 CLOSE 8.33 1/2 Down 15 1/2 CLOSE 8.10 3/4 Down 6 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 0.85 N/A London 1.54 1.21 0.54 N/A 1.91 1.37 0.72 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 1.70 1.10 0.70 1.15 1.35 1.25 0.85 N/A Essex N/A N/A 0.55 N/A N/A N/A 0.85 N/A Norwich 1.95 N/A 0.70 N/A 1.80 N/A 0.85 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 0.55 N/A 1.80 N/A 0.85 N/A Chatham N/A N/A 0.55 N/A N/A N/A 0.85 N/A Brigden N/A N/A 0.30 N/A N/A N/A 0.85 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 1.35 0.85 N/A Thornton 1.54 1.21 0.60 1.25 1.91 1.37 0.77 N/A North Gower N/A 0.85 1.10 1.22 N/A 0.64 0.94 0.87 W O Feed 1.33 TERMINAL Port Colbor N/A N/A 1.21 N/A N/A N/A 1.00 N/A PROCESSORS Toledo FM N/A N/A 1.69 N/A N/A N/A N/A N/A Toledo El. 5.89US 7.85CA 6.81US 9.07CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 700.09 DDG's FOB Aylm 300.00