FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, July 25 Exchange rate was 1.316 up 0.0027 Chicago soybeans closed slightly lower. NOV23 HI 14.28 3/4 NOV23 HI 14.28 3/4 LOW 14.02 3/4 LOW 14.02 3/4 CLOSE14.20 Down 4 1/2 CLOSE 14.20 Down 4 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV23+NOV23+NOV23 CK Low 4.98 19.18 704.74 3.15 17.35 637.50 CK High 5.00 19.20 705.48 3.20 17.40 639.34 CK Average 5.00 0.39 19.20 705.36 3.17 -1.00 17.37 638.13 Essex Cty 5.00 19.20 705.48 3.20 17.40 639.34 Mdsx Low 4.90 19.10 701.80 3.15 17.35 637.50 Mdsx High 5.00 19.20 705.48 3.15 17.35 637.50 Mdsx Average4.97 0.36 19.17 704.19 3.15 -1.02 17.35 637.50 Hensall 4.93 19.13 703.03 3.18 17.38 638.73 Bruce 4.90 19.10 701.80 3.15 17.35 637.50 Putnam 5.00 19.20 705.48 3.15 17.35 637.50 Guelph 4.92 19.12 702.54 3.21 17.41 639.71 Burford 5.06 19.26 707.68 3.28 17.48 642.28 Port Perry 4.90 19.10 701.80 3.12 17.32 636.40 Norfolk 5.00 19.20 705.48 3.20 17.40 639.34 Palmerston 4.90 19.10 701.80 3.20 17.40 639.34 Varna 4.90 19.10 701.80 3.20 17.40 639.34 Trenton N/A 3.10 17.30 635.67 Winchester N/A 3.15 17.35 637.50 North Gower 4.25 18.45 677.92 3.20 17.40 639.34 Vankleek Hil3.97 18.17 667.63 3.34 17.54 644.48 Huron FOB 4.76 4.79 N/A 3.20 18.96 696.66 3.20 17.40 639.34 Kent FOB 5.00 19.20 705.48 3.15 17.35 637.50 Lambton FOB 4.82 19.02 698.87 N/A Mdsx FOB 5.05 N/A N/A N/A 19.25 707.32 3.31 17.51 643.38 PROCESSORS Windsor 5.37 19.57 719.07 3.87 18.07 663.96 TRANSFER Hamilton 5.35 19.55 718.34 3.75 17.95 659.55 Prescott N/A 3.69 17.89 657.34 Port Colborn N/A 3.89 18.09 664.69 Toledo El. 0.20 14.40 529.01 -0.79 13.41 492.75 Exchange rate was 1.316 up 0.0027 Chicago wheat closed slightly higher. SEP23 HI 7.77 1/4 JUL24 HI 7.99 LOW 7.36 1/2 LOW 7.68 1/2 CLOSE 7.60 1/4 Up 2 3/4 CLOSE 7.88 1/4 Up 1 1/2 Minni wheat closed mixed. SEP23 HI 9.47 3/4 SEP24 HI 8.71 3/4 LOW 9.11 1/2 LOW 8.60 3/4 CLOSE 9.32 Down 4 CLOSE 8.67 1/2 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 0.70 N/A N/A N/A 0.80 N/A London 1.90 1.43 0.60 N/A 1.80 1.47 0.88 N/A Hensall 1.95 1.50 0.70 1.40 1.65 1.50 0.80 N/A Trenton N/A N/A 0.65 N/A N/A N/A N/A N/A Bruce 1.70 1.30 0.70 1.15 1.35 1.25 0.85 N/A Essex N/A N/A 0.60 N/A N/A N/A 0.85 N/A Norwich 1.95 N/A 0.70 N/A 1.80 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 1.95 N/A 0.60 N/A 1.80 N/A 0.80 N/A Chatham N/A N/A 0.60 N/A N/A N/A 0.90 N/A Brigden N/A N/A 0.50 N/A N/A N/A 0.90 N/A Palmerston 1.75 1.25 0.70 1.20 1.90 1.30 0.80 N/A Varna 1.95 1.50 0.70 N/A 1.65 1.50 0.80 N/A Mitchell 1.95 1.35 0.70 N/A 1.80 1.30 0.80 N/A Thornton 1.90 1.43 0.60 1.49 1.80 1.47 0.88 N/A North Gower N/A 0.85 1.10 1.22 N/A 0.55 0.85 0.96 W O Feed 1.51 TERMINAL Port Colbor N/A N/A 1.44 N/A N/A N/A 1.24 N/A PROCESSORS Toledo FM N/A N/A 2.01 N/A N/A N/A N/A N/A Toledo El. 7.22US 9.51CA 7.64US 10.06CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 717.40 DDG's FOB Aylm 300.00