FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, November 16 Exchange rate was 1.3754 up 0.0082 Chicago soybeans closed moderately lower. JAN24 HI 13.87 3/4 NOV24 HI 13.16 1/2 LOW 13.53 3/4 LOW 12.89 CLOSE13.60 1/4 Down 24 3/4 CLOSE 12.94 3/4 Down 19 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN24+JAN24+MAR24 CK Low 3.58 17.18 631.35 3.55 16.50 606.18 CK High 3.70 17.30 635.76 3.65 16.60 609.85 CK Average 3.61 -1.09 17.21 632.50 3.60 -0.92 16.54 607.86 Essex Cty 3.60 17.20 632.08 3.65 16.60 609.85 Mdsx Low 3.48 17.08 627.67 3.47 16.42 603.24 Mdsx High 3.65 17.25 633.92 3.65 16.60 609.85 Mdsx Average3.58 -1.11 17.19 631.44 3.56 -0.95 16.50 606.36 Hensall 3.55 17.15 630.25 3.55 16.50 606.18 Bruce 3.55 17.15 630.25 3.55 16.50 606.18 Putnam 3.65 17.25 633.92 3.65 16.60 609.85 Guelph 3.52 17.12 629.14 3.60 16.55 608.02 Burford 3.64 17.24 633.55 3.63 16.58 609.12 Port Perry 3.45 17.05 626.57 3.44 16.39 602.14 Norfolk 3.60 17.20 632.08 3.55 16.50 606.18 Palmerston 3.55 17.15 630.25 3.55 16.50 606.18 Varna 3.55 17.15 630.25 3.55 16.50 606.18 Trenton 3.40 17.00 624.73 3.55 16.50 606.18 Winchester 3.19 16.79 617.02 3.54 16.49 605.81 North Gower 2.95 16.55 608.20 3.40 16.35 600.67 Vankleek Hil3.30 16.90 621.06 3.73 16.68 612.79 Huron FOB 3.55 3.77 3.86 N/A 17.15 630.25 N/A Kent FOB 3.65 17.25 633.92 3.55 16.50 606.18 Lambton FOB 3.70 17.30 635.76 N/A Mdsx FOB 3.75 3.81 3.88 4.00 17.35 637.60 N/A PROCESSORS Windsor 4.06 17.66 648.99 N/A TRANSFER Hamilton 4.15 17.75 652.29 4.10 17.05 626.39 Prescott 3.34 16.94 622.53 4.13 17.08 627.49 Port Colborn4.26 17.86 656.33 4.22 17.17 630.80 Toledo El. -0.76 12.85 472.01 -0.76 12.19 447.94 Exchange rate was 1.3754 up 0.0082 Chicago wheat closed slightly lower. DEC23 HI 5.62 1/2 JUL24 HI 6.21 LOW 5.47 LOW 6.06 1/4 CLOSE 5.53 1/2 Down 7 CLOSE 6.10 Down 8 Minni wheat closed slightly lower. DEC23 HI 7.36 3/4 SEP24 HI 7.76 3/4 LOW 7.25 1/2 LOW 7.62 CLOSE 7.26 Down 9 1/4 CLOSE 7.64 1/4 Down 4 3/4 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 1.10 N/A N/A N/A 1.10 N/A London 1.57 1.57 1.16 N/A 1.52 1.52 1.18 N/A Hensall 1.60 1.60 1.15 1.25 1.65 1.55 1.15 N/A Trenton N/A N/A N/A N/A N/A N/A 1.10 N/A Bruce N/A 1.40 1.10 1.00 1.40 1.40 1.10 N/A Essex N/A N/A 1.15 N/A N/A N/A 1.15 N/A Norwich 1.60 N/A 1.10 N/A 1.70 N/A 1.10 N/A Belmore 1.60 1.10 1.15 1.10 1.70 1.15 1.15 N/A Kent Bridge 1.60 N/A 1.10 N/A 1.70 N/A 1.10 N/A Chatham N/A N/A 1.15 N/A N/A N/A 1.15 N/A Brigden N/A N/A 1.15 N/A N/A N/A 1.15 N/A Palmerston 1.60 1.10 1.15 1.10 1.70 1.15 1.15 N/A Varna 1.60 1.60 1.15 N/A 1.65 1.55 1.15 N/A Mitchell 1.60 1.40 1.10 N/A 1.70 1.50 1.10 N/A Thornton 1.57 1.57 1.16 1.22 1.52 1.52 1.18 N/A North Gower N/A 0.90 1.10 1.02 N/A 1.10 1.40 0.97 W O Feed 1.94 TERMINAL Port Colbor N/A N/A 1.64 N/A N/A N/A 1.58 N/A PROCESSORS Toledo FM N/A N/A 1.67 N/A N/A N/A 2.15 N/A Toledo El. 4.99US 6.86CA 5.86US 8.06CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 769.21 DDG's FOB Aylm 300.00