FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, July 20 Exchange rate was 1.3144 down 0.0004 Chicago soybeans closed narrowly mixed. NOV23 HI 14.18 1/4 NOV23 HI 14.18 1/4 LOW 13.98 1/2 LOW 13.98 1/2 CLOSE14.04 3/4 Down 4 CLOSE 14.04 3/4 Down 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 4.93 18.98 697.30 3.09 17.14 629.70 CK High 5.00 19.05 699.88 3.20 17.25 633.74 CK Average 4.97 0.42 19.02 698.83 3.13 -0.98 17.17 631.06 Essex Cty 5.00 19.05 699.88 3.20 17.25 633.74 Mdsx Low 4.91 18.96 696.57 3.07 17.12 628.96 Mdsx High 5.00 19.05 699.88 3.15 17.20 631.90 Mdsx Average4.97 0.42 19.01 698.59 3.12 -0.99 17.17 630.71 Hensall 4.92 18.96 696.81 3.13 17.18 631.29 Bruce 5.00 19.05 699.88 3.15 17.20 631.90 Putnam 4.95 19.00 698.04 3.10 17.15 630.06 Guelph 5.01 19.06 700.24 3.17 17.22 632.63 Burford 5.01 19.06 700.24 3.17 17.22 632.63 Port Perry 4.85 18.90 694.36 3.01 17.06 626.76 Norfolk 5.00 19.05 699.88 3.20 17.25 633.74 Palmerston 4.90 18.95 696.20 3.15 17.20 631.90 Varna 4.90 18.95 696.20 3.15 17.20 631.90 Trenton N/A 3.10 17.15 630.06 Winchester N/A 3.10 17.15 630.06 North Gower 5.20 19.25 707.22 3.10 17.15 630.06 Vankleek Hil4.68 18.73 688.12 3.29 17.34 637.04 Huron FOB 4.69 4.96 N/A 3.15 18.74 688.49 3.15 17.20 631.90 Kent FOB 5.00 19.05 699.88 3.15 17.20 631.90 Lambton FOB 4.80 18.85 692.53 N/A Mdsx FOB 5.00 N/A N/A N/A 19.05 699.88 3.27 17.32 636.31 PROCESSORS Windsor 5.34 19.39 712.37 3.84 17.89 657.25 TRANSFER Hamilton 5.35 19.40 712.74 3.75 17.80 653.95 Prescott N/A 3.61 17.66 648.80 Port Colborn N/A 3.84 17.89 657.25 Toledo El. 0.20 14.24 523.40 -0.72 13.32 489.59 Exchange rate was 1.3144 down 0.0004 Chicago wheat closed slightly lower. SEP23 HI 7.50 3/4 JUL24 HI 7.77 1/4 LOW 7.11 1/4 LOW 7.47 1/4 CLOSE 7.27 Down 3/4 CLOSE 7.60 3/4 Down 1 3/4 Minni wheat closed slightly higher. SEP23 HI 9.19 3/4 SEP24 HI 8.50 LOW 8.87 LOW 8.29 3/4 CLOSE 9.02 Up 4 3/4 CLOSE 8.41 3/4 Up 3 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 0.60 N/A N/A N/A 0.80 N/A London 2.19 1.46 0.61 N/A 1.73 1.43 0.90 N/A Hensall 2.05 1.45 0.65 1.20 1.65 1.40 0.80 N/A Trenton N/A N/A 0.65 N/A N/A N/A N/A N/A Bruce 1.65 1.15 0.65 1.15 1.38 1.15 0.85 N/A Essex N/A N/A 0.60 N/A N/A N/A 0.85 N/A Norwich 2.05 N/A 0.60 N/A 1.85 N/A 0.80 N/A Belmore 1.75 1.25 0.70 1.20 1.90 1.30 0.80 N/A Kent Bridge 2.05 N/A 0.60 N/A 1.85 N/A 0.80 N/A Chatham N/A N/A 0.60 N/A N/A N/A 0.85 N/A Brigden N/A N/A 0.60 N/A N/A N/A 0.85 N/A Palmerston 1.75 1.25 0.70 1.20 1.90 1.30 0.80 N/A Varna 2.05 1.45 0.65 N/A 1.65 1.40 0.80 N/A Mitchell 2.05 1.35 0.60 N/A 1.85 1.30 0.80 N/A Thornton 2.19 1.46 0.61 1.41 1.73 1.43 0.90 N/A North Gower N/A 0.85 1.10 1.17 N/A 0.58 0.88 0.82 W O Feed 1.56 TERMINAL Port Colbor N/A N/A 1.47 N/A N/A N/A 1.20 N/A PROCESSORS Toledo FM N/A N/A 1.96 N/A N/A N/A N/A N/A Toledo El. 7.02US 9.23CA 7.37US 9.68CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 702.74 DDG's FOB Aylm 300.00