FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, July 26 Exchange rate was 1.3191 up 0.0031 Chicago soybeans closed slightly lower to steady. NOV23 HI 14.28 NOV23 HI 14.28 LOW 14.07 1/4 LOW 14.07 1/4 CLOSE14.20 Unchanged CLOSE 14.20 Unchanged OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV23+NOV23+NOV23 CK Low 5.00 19.20 705.48 3.15 17.35 637.50 CK High 5.08 19.28 708.42 3.29 17.49 642.65 CK Average 5.01 0.37 19.21 705.97 3.19 -1.02 17.39 639.03 Essex Cty 5.00 19.20 705.48 3.20 17.40 639.34 Mdsx Low 5.00 19.20 705.48 3.15 17.35 637.50 Mdsx High 5.06 19.26 707.68 3.27 17.47 641.91 Mdsx Average5.02 0.37 19.22 706.03 3.18 -1.02 17.38 638.61 Hensall 4.97 19.17 704.25 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 5.16 19.36 711.36 3.37 17.57 645.59 Port Perry 5.00 19.20 705.48 3.21 17.41 639.71 Norfolk 5.00 19.20 705.48 3.20 17.40 639.34 Palmerston 5.00 19.20 705.48 3.20 17.40 639.34 Varna 5.00 19.20 705.48 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 5.51 19.71 724.22 3.20 17.40 639.34 Vankleek Hil3.97 18.17 667.63 3.34 17.54 644.48 Huron FOB 4.82 5.09 N/A 3.20 19.02 698.87 3.20 17.40 639.34 Kent FOB 5.00 19.20 705.48 3.15 17.35 637.50 Lambton FOB 4.87 19.07 700.70 N/A Mdsx FOB 5.15 N/A N/A N/A 19.35 710.99 3.41 17.61 647.06 PROCESSORS Windsor 5.46 19.66 722.38 3.95 18.15 666.90 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 3.98 18.18 668.00 Toledo El. 0.20 14.40 529.03 -0.79 13.41 492.68 Exchange rate was 1.3191 up 0.0031 Chicago wheat closed lower to sharply lower. SEP23 HI 7.57 1/2 JUL24 HI 7.86 1/4 LOW 7.09 LOW 7.48 CLOSE 7.20 Down 40 1/4 CLOSE 7.60 3/4 Down 27 1/2 Minni wheat closed moderately lower to lower. SEP23 HI 9.31 SEP24 HI 8.66 LOW 8.84 LOW 8.45 CLOSE 8.95 3/4 Down 36 1/4 CLOSE 8.51 1/4 Down 16 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 1.93 1.47 0.64 N/A 1.68 1.50 0.91 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 1.10 0.70 1.15 1.20 1.20 0.80 N/A Essex N/A N/A 0.60 N/A N/A N/A 0.90 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 1.93 1.47 0.64 1.36 1.68 1.50 0.91 N/A North Gower N/A 0.85 1.10 1.22 N/A 0.57 0.87 0.87 W O Feed 1.39 TERMINAL Port Colbor N/A N/A 1.47 N/A N/A N/A 1.27 N/A PROCESSORS Toledo FM N/A N/A 1.90 N/A N/A N/A N/A N/A Toledo El. 6.82US 9.00CA 7.37US 9.72CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 723.90 DDG's FOB Aylm 300.00