FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, August 31

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, August 31 Exchange rate was 1.3495 down 0.0029 Chicago soybeans closed moderately lower. NOV23 HI 13.92 NOV23 HI 13.92 LOW 13.67 1/4 LOW 13.67 1/4 CLOSE13.68 3/4 Down 18 CLOSE 13.68 3/4 Down 18 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV23+NOV23+JAN24 CK Low 4.75 18.44 677.46 3.65 17.34 637.04 CK High 4.84 18.53 680.77 3.85 17.54 644.39 CK Average 4.79 0.00 18.48 678.93 3.76 -0.76 17.45 641.19 Essex Cty 4.75 18.44 677.46 3.80 17.49 642.56 Mdsx Low 4.75 18.44 677.46 3.67 17.36 637.78 Mdsx High 4.82 18.51 680.03 3.80 17.49 642.56 Mdsx Average4.78 0.00 18.47 678.56 3.76 -0.76 17.44 640.90 Hensall 4.77 18.45 678.07 3.80 17.49 642.56 Bruce 4.70 18.39 675.62 3.80 17.49 642.56 Putnam 4.80 18.49 679.30 3.80 17.49 642.56 Guelph 4.80 18.49 679.30 3.85 17.54 644.39 Burford 4.92 18.61 683.71 3.77 17.46 641.45 Port Perry 4.76 18.45 677.83 3.61 17.30 635.57 Norfolk 4.75 18.44 677.46 3.80 17.49 642.56 Palmerston 5.00 18.69 686.65 3.85 17.54 644.39 Varna 4.75 18.44 677.46 3.80 17.49 642.56 Trenton N/A 3.75 17.44 640.72 Winchester N/A 3.70 17.39 638.88 North Gower 4.50 18.19 668.28 3.80 17.49 642.56 Vankleek Hil4.61 18.30 672.32 3.63 17.32 636.31 Huron FOB 4.80 3.80 3.80 3.98 18.49 679.30 3.80 17.49 642.56 Kent FOB 4.65 18.34 673.79 3.75 17.44 640.72 Lambton FOB 4.80 18.49 679.30 3.90 17.59 646.23 Mdsx FOB N/A 3.93 4.05 4.17 3.93 17.62 647.33 PROCESSORS Windsor 5.00 18.69 686.65 4.25 17.94 659.09 TRANSFER Hamilton 5.25 18.94 695.83 4.50 18.19 668.28 Prescott N/A 4.23 17.92 658.36 Port Colborn N/A 4.58 18.27 671.22 Toledo El. -0.47 13.22 485.57 -0.94 12.74 468.22 Exchange rate was 1.3495 down 0.0029 Chicago wheat closed slightly lower. DEC23 HI 6.15 3/4 JUL24 HI 6.66 3/4 LOW 5.93 1/2 LOW 6.49 3/4 CLOSE 6.02 Down 5 CLOSE 6.54 1/2 Down 4 1/2 Minni wheat closed slightly to moderately lower. DEC23 HI 7.79 1/2 SEP24 HI 8.05 LOW 7.65 LOW 7.94 CLOSE 7.66 3/4 Down 12 3/4 CLOSE 7.94 Down 8 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 0.35 N/A N/A N/A 0.90 N/A London 1.36 1.02 0.48 N/A 1.55 1.28 0.87 N/A Hensall 1.70 1.35 0.55 1.25 1.75 1.55 0.90 N/A Trenton N/A N/A 0.55 N/A N/A N/A N/A N/A Bruce 1.30 1.00 0.50 1.00 1.40 1.20 0.90 N/A Essex N/A N/A 0.40 N/A N/A N/A 0.90 N/A Norwich 1.65 N/A 0.35 N/A 1.80 N/A 0.90 N/A Belmore 1.75 1.10 0.55 1.20 1.90 1.15 0.90 N/A Kent Bridge 1.65 N/A 0.35 N/A 1.80 N/A 0.90 N/A Chatham N/A N/A 0.40 N/A N/A N/A 0.90 N/A Brigden N/A N/A 0.30 N/A N/A N/A 0.90 N/A Palmerston 1.75 1.10 0.55 1.20 1.90 1.15 0.90 N/A Varna 1.70 1.35 0.55 N/A 1.75 1.55 0.90 N/A Mitchell 1.65 1.30 0.45 N/A 1.80 1.50 0.90 N/A Thornton 1.36 1.02 0.48 1.08 1.55 1.28 0.87 N/A North Gower N/A 0.34 0.57 0.91 N/A 0.52 0.82 0.82 W O Feed 1.26 TERMINAL Port Colbor N/A N/A 1.02 N/A N/A N/A 1.15 N/A PROCESSORS Toledo FM N/A N/A 1.25 N/A N/A N/A N/A N/A Toledo El. 5.31US 7.17CA 6.31US 8.51CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 684.22 DDG's FOB Aylm 310.00