FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, September 14 Exchange rate was 1.3493 down 0.0047 Chicago soybeans closed slightly higher. NOV23 HI 13.64 1/2 NOV23 HI 13.64 1/2 LOW 13.46 1/4 LOW 13.46 1/4 CLOSE13.60 1/2 Up 10 3/4 CLOSE 13.60 1/2 Up 10 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV23+NOV23+JAN24 CK Low 4.48 18.09 664.51 3.65 17.26 634.01 CK High 4.60 18.21 668.92 3.81 17.42 639.89 CK Average 4.52 -0.17 18.12 665.83 3.76 -0.74 17.36 638.00 Essex Cty 4.60 18.21 668.92 3.80 17.41 639.52 Mdsx Low 4.46 18.07 663.78 3.75 17.36 637.69 Mdsx High 4.60 18.21 668.92 3.80 17.41 639.52 Mdsx Average4.52 -0.17 18.13 665.98 3.77 -0.73 17.38 638.51 Hensall 4.57 18.17 667.69 3.78 17.39 638.91 Bruce N/A 3.75 17.36 637.69 Putnam 4.50 18.11 665.24 3.75 17.36 637.69 Guelph 4.66 18.27 671.12 3.71 17.32 636.22 Burford 4.54 18.15 666.71 3.87 17.48 642.10 Port Perry 4.43 18.04 662.67 3.76 17.37 638.05 Norfolk N/A 3.80 17.41 639.52 Palmerston 4.60 18.21 668.92 3.80 17.41 639.52 Varna 4.60 18.21 668.92 3.80 17.41 639.52 Trenton N/A 3.70 17.31 635.85 Winchester N/A 3.75 17.36 637.69 North Gower 4.50 18.11 665.24 3.80 17.41 639.52 Vankleek Hil4.51 18.12 665.61 3.65 17.26 634.01 Huron FOB 4.68 3.75 3.75 3.87 18.29 671.86 3.75 17.36 637.69 Kent FOB N/A 3.75 17.36 637.69 Lambton FOB N/A 3.90 17.51 643.20 Mdsx FOB 4.66 3.85 3.97 4.09 18.27 671.12 3.85 17.46 641.36 PROCESSORS Windsor 4.98 18.59 682.88 4.33 17.94 659.00 TRANSFER Hamilton 5.30 18.91 694.64 4.45 18.06 663.41 Prescott N/A 4.13 17.74 651.65 Port Colborn N/A 4.50 18.11 665.24 Toledo El. -0.47 13.13 482.55 -0.94 12.66 465.19 Exchange rate was 1.3493 down 0.0047 Chicago wheat closed slightly lower. DEC23 HI 5.97 3/4 JUL24 HI 6.47 3/4 LOW 5.83 1/2 LOW 6.36 1/4 CLOSE 5.93 3/4 Down 3 1/2 CLOSE 6.44 1/4 Down 3 1/4 Minni wheat closed slightly lower. DEC23 HI 7.87 1/2 SEP24 HI 8.06 LOW 7.76 1/2 LOW 8.06 CLOSE 7.83 1/2 Down 4 CLOSE 8.06 Down 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 0.45 N/A N/A N/A 0.90 N/A London 1.36 1.15 0.48 N/A 1.51 1.40 0.86 N/A Hensall 1.65 1.30 0.50 1.20 1.70 1.50 0.85 N/A Trenton N/A N/A 0.60 N/A N/A N/A N/A N/A Bruce 1.30 1.00 0.50 1.00 1.35 1.35 0.85 N/A Essex N/A N/A 0.45 N/A N/A N/A 0.85 N/A Norwich 1.65 N/A 0.45 N/A 1.80 N/A 0.90 N/A Belmore 1.60 1.10 0.50 1.20 1.70 1.15 0.85 N/A Kent Bridge 1.65 N/A 0.45 N/A 1.80 N/A 0.90 N/A Chatham N/A N/A 0.45 N/A N/A N/A 0.85 N/A Brigden N/A N/A 0.35 N/A N/A N/A 0.85 N/A Palmerston 1.60 1.10 0.50 1.20 1.70 1.15 0.85 N/A Varna 1.65 1.30 0.50 N/A 1.70 1.50 0.85 N/A Mitchell 1.65 1.30 0.45 N/A 1.80 1.50 0.90 N/A Thornton 1.36 1.15 0.48 1.16 1.51 1.40 0.86 N/A North Gower N/A 0.50 0.70 1.05 N/A 0.71 1.01 0.87 W O Feed 1.39 TERMINAL Port Colbor N/A N/A 1.02 N/A N/A N/A 1.33 N/A PROCESSORS Toledo FM N/A N/A 1.60 N/A N/A N/A N/A N/A Toledo El. 5.39US 7.27CA 6.20US 8.37CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 670.66 DDG's FOB Aylm -