FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, October 31 Exchange rate was 1.3866 up 0.0053 Chicago soybeans closed slightly higher. JAN24 HI 13.21 1/2 NOV24 HI 12.74 1/2 LOW 13.00 LOW 12.58 CLOSE13.10 1/2 Up 3 1/4 CLOSE 12.66 3/4 Up 1 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN24+JAN24+MAR24 CK Low 3.45 16.56 608.29 3.45 16.12 592.22 CK High 3.60 16.71 613.80 3.55 16.22 595.89 CK Average 3.47 -1.15 16.58 609.13 3.51 -1.00 16.17 594.32 Essex Cty 3.45 16.56 608.29 3.55 16.22 595.89 Mdsx Low 3.36 16.47 604.99 3.40 16.07 590.38 Mdsx High 3.55 16.66 611.97 3.50 16.17 594.05 Mdsx Average3.45 -1.16 16.56 608.38 3.46 -1.03 16.13 592.68 Hensall 3.45 16.56 608.29 3.50 16.17 594.05 Bruce 3.45 16.56 608.29 3.50 16.17 594.05 Putnam 3.55 16.66 611.97 3.50 16.17 594.05 Guelph 3.45 16.56 608.29 3.60 16.27 597.73 Burford 3.52 16.63 610.86 3.56 16.23 596.26 Port Perry 3.33 16.44 603.88 3.37 16.04 589.28 Norfolk 3.50 16.61 610.13 3.45 16.12 592.22 Palmerston 3.45 16.56 608.29 3.50 16.17 594.05 Varna 3.45 16.56 608.29 3.50 16.17 594.05 Trenton 3.35 16.46 604.62 3.50 16.17 594.05 Winchester 3.34 16.45 604.25 N/A North Gower 3.05 16.16 593.59 3.30 15.97 586.71 Vankleek Hil3.66 16.77 616.01 3.49 16.16 593.69 Huron FOB 3.45 3.59 3.79 N/A 16.56 608.29 N/A Kent FOB 3.50 16.61 610.13 3.45 16.12 592.22 Lambton FOB 3.66 16.77 616.01 N/A Mdsx FOB 3.61 3.68 3.82 4.08 16.72 614.17 N/A PROCESSORS Windsor 4.02 17.13 629.24 N/A TRANSFER Hamilton 4.05 17.16 630.34 4.10 16.77 616.10 Prescott 3.52 16.63 610.86 N/A Port Colborn4.14 17.25 633.65 4.32 16.99 624.18 Toledo El. -0.90 12.20 448.41 -0.76 11.90 437.43 Exchange rate was 1.3866 up 0.0053 Chicago wheat closed slightly lower. DEC23 HI 5.68 1/2 JUL24 HI 6.28 1/2 LOW 5.54 1/2 LOW 6.18 1/4 CLOSE 5.56 1/4 Down 9 3/4 CLOSE 6.19 1/4 Down 8 1/4 Minni wheat closed slightly lower. DEC23 HI 7.16 1/4 SEP24 HI 7.64 1/2 LOW 7.03 1/4 LOW 7.60 1/4 CLOSE 7.09 1/4 Down 8 1/2 CLOSE 7.62 1/2 Down 5 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 1.00 N/A N/A N/A 1.10 N/A London 1.54 1.54 0.86 N/A 1.51 1.58 1.09 N/A Hensall 1.60 1.60 1.00 1.25 1.65 1.55 1.10 N/A Trenton N/A N/A N/A N/A N/A N/A 1.00 N/A Bruce N/A 1.30 1.00 1.00 1.40 1.40 1.10 N/A Essex N/A N/A 1.00 N/A N/A N/A 1.10 N/A Norwich 1.60 N/A 0.90 N/A 1.70 N/A 1.10 N/A Belmore 1.60 1.10 1.00 1.10 1.70 1.15 1.10 N/A Kent Bridge 1.60 N/A 0.90 N/A 1.70 N/A 1.10 N/A Chatham N/A N/A 1.00 N/A N/A N/A 1.10 N/A Brigden N/A N/A 1.00 N/A N/A N/A 1.10 N/A Palmerston 1.60 1.10 1.00 1.10 1.70 1.15 1.10 N/A Varna 1.60 1.60 1.00 N/A 1.65 1.55 1.10 N/A Mitchell 1.60 1.40 1.00 N/A 1.70 1.50 1.10 N/A Thornton 1.54 1.54 0.86 1.23 1.51 1.58 1.09 N/A North Gower N/A 0.70 0.95 0.97 N/A 0.95 1.25 0.92 W O Feed 1.95 TERMINAL Port Colbor N/A N/A 1.60 N/A N/A N/A 1.57 N/A PROCESSORS Toledo FM N/A N/A 1.67 N/A N/A N/A 2.26 N/A Toledo El. 5.01US 6.95CA 5.95US 8.25CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 712.11 DDG's FOB Aylm 310.00