FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, July 8

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, July 8 Exchange rate was 1.3616 up 0.0006 Chicago soybeans closed moderately lower to lower. AUG24 HI 11.62 1/2 NOV24 HI 11.25 1/4 LOW 11.42 LOW 10.94 1/4 CLOSE11.49 Down 17 1/4 CLOSE 10.99 1/2 Down 30 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +AUG24+AUG24+NOV24 CK Low 3.40 14.89 547.11 2.92 13.92 511.29 CK High 3.40 14.89 547.11 3.10 14.10 517.90 CK Average 3.40 -0.55 14.89 547.11 2.99 -0.72 13.98 513.81 Essex Cty 3.40 14.89 547.11 3.00 14.00 514.23 Mdsx Low 3.35 14.84 545.28 2.87 13.87 509.45 Mdsx High 3.40 14.89 547.11 3.05 14.05 516.07 Mdsx Average3.39 -0.56 14.88 546.65 2.96 -0.75 13.95 512.57 Hensall 3.40 14.89 547.11 2.93 13.93 511.78 Bruce 3.40 14.89 547.11 2.95 13.95 512.39 Putnam 3.40 14.89 547.11 3.05 14.05 516.07 Guelph 3.16 14.65 538.30 3.03 14.03 515.33 Burford 3.40 14.89 547.11 2.92 13.92 511.29 Port Perry 3.24 14.73 541.23 2.76 13.76 505.41 Norfolk 3.40 14.89 547.11 3.00 14.00 514.23 Palmerston 3.40 14.89 547.11 2.95 13.95 512.39 Varna 3.40 14.89 547.11 2.95 13.95 512.39 Trenton N/A 2.80 13.80 506.88 Winchester 3.25 14.74 541.60 2.85 13.85 508.72 North Gower 3.25 14.74 541.60 2.85 13.85 508.72 Vankleek Hil3.03 14.52 533.52 2.72 13.72 503.94 Huron FOB 3.40 3.50 N/A N/A 14.89 547.11 2.95 13.95 512.39 Kent FOB 3.60 15.09 554.46 2.90 13.90 510.55 Lambton FOB 3.60 15.09 554.46 N/A Mdsx FOB 3.16 N/A N/A N/A 14.65 538.30 2.98 13.98 513.49 PROCESSORS Windsor 4.02 15.51 569.89 3.35 14.35 527.09 TRANSFER Hamilton 3.80 15.29 561.81 3.50 14.50 532.60 Prescott N/A 3.32 14.32 525.99 Port Colborn N/A 3.53 14.53 533.70 Toledo El. -0.14 11.35 417.18 -0.82 10.18 373.98 Exchange rate was 1.3616 up 0.0006 Chicago wheat closed lower. SEP24 HI 5.90 3/4 JUL25 HI 6.45 LOW 5.66 LOW 6.25 CLOSE 5.70 1/2 Down 20 CLOSE 6.29 1/2 Down 15 1/4 Minni wheat closed moderately lower to lower. SEP24 HI 6.33 SEP25 HI 6.72 1/4 LOW 6.13 1/4 LOW 6.66 3/4 CLOSE 6.17 1/2 Down 15 3/4 CLOSE 6.66 3/4 Down 11 Direct MarkHarvest 2024 Harvest 2025 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 1.10 N/A N/A N/A 1.15 N/A London 1.85 1.71 0.95 N/A 1.51 1.71 1.10 N/A Hensall 1.85 1.80 0.95 1.35 1.75 1.90 1.15 N/A Trenton N/A N/A 1.10 N/A N/A N/A 1.30 N/A Bruce 1.70 1.80 1.05 1.05 1.60 1.90 1.15 N/A Essex N/A N/A 0.95 N/A N/A N/A 1.10 N/A Norwich 1.90 N/A 1.00 N/A 1.85 N/A 1.15 N/A Belmore 1.30 1.70 0.95 1.05 N/A 1.55 1.15 N/A Kent Bridge 1.90 N/A 1.00 N/A 1.85 N/A 1.15 N/A Chatham N/A N/A 0.95 N/A N/A N/A 1.10 N/A Brigden N/A N/A 0.95 N/A N/A N/A 1.10 N/A Palmerston 1.30 1.70 0.95 1.05 N/A 1.55 1.15 N/A Varna 1.85 1.80 0.95 N/A 1.75 1.90 1.15 N/A Mitchell 1.90 1.90 1.00 N/A 1.85 1.90 1.15 N/A Thornton 1.85 1.71 0.95 1.28 1.51 1.71 1.10 N/A North Gower N/A 1.10 1.40 0.87 N/A N/A N/A N/A W O Feed 1.72 TERMINAL Port Colbor N/A N/A 1.37 N/A N/A N/A 1.44 N/A PROCESSORS Toledo FM N/A N/A 1.72 N/A N/A N/A N/A N/A Toledo El. 5.36US 7.29CA 6.05US 8.23CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 608.49 DDG's FOB Aylm 205.00