FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, December 1

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, December 1 Exchange rate was 1.3495 down 0.0070 Chicago soybeans closed slightly to moderately lower. JAN24 HI 13.43 1/2 NOV24 HI 12.92 LOW 13.23 1/2 LOW 12.77 1/2 CLOSE13.25 Down 17 3/4 CLOSE 12.82 1/4 Down 11 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN24+MAR24+MAR24 CK Low 3.25 16.50 606.27 3.25 16.07 590.56 CK High 3.45 16.70 613.62 3.45 16.27 597.91 CK Average 3.36 -0.94 16.61 610.47 3.38 -0.82 16.20 595.29 Essex Cty 3.35 16.60 609.95 3.45 16.27 597.91 Mdsx Low 3.18 16.43 603.70 3.18 16.00 587.99 Mdsx High 3.40 16.65 611.78 3.45 16.27 597.91 Mdsx Average3.32 -0.97 16.57 608.84 3.33 -0.85 16.16 593.59 Hensall 3.20 16.45 604.43 3.32 16.14 593.01 Bruce 3.30 16.55 608.11 3.40 16.22 596.07 Putnam 3.40 16.65 611.78 3.45 16.27 597.91 Guelph 3.37 16.62 610.68 3.33 16.15 593.50 Burford 3.34 16.59 609.58 3.34 16.16 593.87 Port Perry 3.12 16.37 601.49 3.12 15.94 585.79 Norfolk 3.35 16.60 609.95 3.40 16.22 596.07 Palmerston 3.15 16.40 602.60 3.30 16.12 592.40 Varna 3.15 16.40 602.60 3.30 16.12 592.40 Trenton 3.20 16.45 604.43 3.30 16.12 592.40 Winchester 2.78 16.03 589.00 3.21 16.03 589.09 North Gower 2.95 16.20 595.25 3.40 16.22 596.07 Vankleek Hil2.88 16.13 592.68 3.42 16.24 596.81 Huron FOB 3.24 3.43 3.50 N/A 16.49 605.90 N/A Kent FOB 3.65 16.90 620.97 3.35 16.17 594.24 Lambton FOB 3.45 16.70 613.62 N/A Mdsx FOB 3.41 3.48 3.62 3.82 16.66 612.15 N/A PROCESSORS Windsor 3.89 17.14 629.79 3.94 16.76 615.92 TRANSFER Hamilton 4.10 17.35 637.50 3.95 16.77 616.28 Prescott 3.31 16.56 608.48 3.82 16.64 611.51 Port Colborn3.94 17.19 631.62 3.92 16.74 615.18 Toledo El. -0.81 12.44 457.10 -0.74 12.08 443.87 Exchange rate was 1.3495 down 0.0070 Chicago wheat closed slightly higher. MAR24 HI 6.10 JUL24 HI 6.35 LOW 5.89 LOW 6.16 CLOSE 6.02 3/4 Up 4 3/4 CLOSE 6.28 1/4 Up 3 1/2 Minni wheat closed slightly higher. MAR24 HI 7.33 1/4 SEP24 HI 7.61 LOW 7.18 1/2 LOW 7.48 1/4 CLOSE 7.30 1/4 Up 3/4 CLOSE 7.60 1/4 Up 3 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 0.90 N/A N/A N/A 1.15 N/A London 1.40 1.33 0.90 N/A 1.42 1.49 1.15 N/A Hensall 1.25 1.35 0.95 1.00 1.60 1.55 1.15 N/A Trenton N/A N/A N/A N/A N/A N/A 1.15 N/A Bruce N/A 1.20 0.95 1.00 1.45 1.45 1.15 N/A Essex N/A N/A 0.90 N/A N/A N/A 1.15 N/A Norwich 1.25 N/A 0.90 N/A 1.65 N/A 1.15 N/A Belmore N/A 0.90 0.90 0.90 1.70 1.15 1.15 N/A Kent Bridge 1.25 N/A 0.90 N/A 1.65 N/A 1.15 N/A Chatham N/A N/A 0.90 N/A N/A N/A 1.15 N/A Brigden N/A N/A 0.90 N/A N/A N/A 1.15 N/A Palmerston N/A 0.90 0.90 0.90 1.70 1.15 1.15 N/A Varna 1.25 1.35 0.95 N/A 1.60 1.55 1.15 N/A Mitchell 1.25 1.30 0.90 N/A 1.65 1.55 1.15 N/A Thornton 1.40 1.33 0.90 0.90 1.42 1.49 1.15 N/A North Gower N/A 0.63 0.83 0.75 N/A 1.09 1.39 0.97 W O Feed 2.12 TERMINAL Port Colbor N/A N/A 1.53 N/A N/A N/A 1.55 N/A PROCESSORS Toledo FM N/A N/A N/A N/A N/A N/A 2.06 N/A Toledo El. N/A 6.04US 8.15CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 742.20 DDG's FOB Aylm 305.00