FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, July 26
Exchange rate was 1.3818 up 0.0025
Chicago soybeans closed moderately lower to lower.

      NOV24   HI 10.80  1/2              NOV24     HI 10.80  1/2
             LOW 10.45                            LOW 10.45
            CLOSE10.48  1/2  Down 31            CLOSE 10.48  1/2  Down 31

            OLD CROP                                  NEW CROP
Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt
ELEVATORS        +NOV24+NOV24+NOV24
CK Low      3.80                         14.29 524.88  2.95        13.44 493.65
CK High     3.85                         14.34 526.72  3.10        13.59 499.16
CK Average  3.83                   -0.12 14.32 526.14  3.01 -0.72  13.49 495.75
Essex Cty   3.85                         14.34 526.72  3.05        13.54 497.33
Mdsx Low    3.79                         14.28 524.52  2.90        13.39 491.81
Mdsx High   3.85                         14.34 526.72  3.10        13.59 499.16
Mdsx Average3.81                   -0.14 14.30 525.25  3.00 -0.73  13.49 495.49
Hensall     3.87                         14.35 527.33  3.00        13.49 495.49
Bruce       3.80                         14.29 524.88  2.95        13.44 493.65
Putnam      3.80                         14.29 524.88  3.10        13.59 499.16
Guelph      3.85                         14.34 526.72  3.10        13.59 499.16
Burford     3.84                         14.33 526.35  2.95        13.44 493.65
Port Perry  3.68                         14.17 520.47  2.79        13.28 487.77
Norfolk     3.85                         14.34 526.72  3.05        13.54 497.33
Palmerston  3.90                         14.39 528.56  3.00        13.49 495.49
Varna       3.90                         14.39 528.56  3.00        13.49 495.49
Trenton      N/A                                       2.85        13.34 489.98
Winchester  3.11                         13.60 499.53  2.75        13.24 486.30
North Gower 3.29                         13.78 506.14  2.75        13.24 486.30
Vankleek Hil2.87                         13.36 490.71  2.87        13.36 490.71
Huron FOB    N/A  4.00  N/A   3.00                     3.00        13.49 495.49
Kent FOB    3.85                         14.34 526.72  3.00        13.49 495.49
Lambton FOB 3.43                         13.92 511.29  N/A
Mdsx FOB    3.47  3.73  N/A   3.01       13.96 512.76  3.01        13.50 495.86

PROCESSORS
Windsor     3.96                         14.45 530.76  3.35        13.84 508.35

TRANSFER
Hamilton    4.45                         14.94 548.77  3.55        14.04 515.70
Prescott     N/A                                       3.31        13.80 506.88
Port Colborn3.63                         14.12 518.64  3.63        14.12 518.64

Toledo El.  0.35                         10.83 397.95 -0.83        9.66  354.79


Exchange rate was 1.3818 up 0.0025
Chicago wheat closed moderately lower to lower.
SEP24      HI     5.41  1/4            JUL25   HI      6.01  3/4
           LOW    5.22                         LOW     5.84  3/4
           CLOSE  5.23  1/2  Down 14 1/4       CLOSE   5.86  3/4  Down 13

Minni wheat closed moderately lower to lower.
SEP24      HI     6.12  3/4            SEP25   HI      6.40  3/4
           LOW    5.86  1/2                    LOW     6.40  3/4
           CLOSE  5.88  1/2  Down 15 1/4       CLOSE   6.40  3/4  Down 12 1/2



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   1.05    N/A    N/A     N/A    1.15    N/A
London      1.82   1.82   1.05    N/A    1.50    1.77   1.08    N/A
Hensall     1.85   1.85   1.10   1.45    1.80    1.95   1.15    N/A
Trenton      N/A    N/A   1.10    N/A    N/A     N/A    1.15    N/A
Bruce       1.85   1.85   1.15   1.20    1.75    1.85   1.15    N/A
Essex        N/A    N/A   1.05    N/A    N/A     N/A    1.20    N/A
Norwich     1.90    N/A   1.05    N/A    1.85    N/A    1.15    N/A
Winchester   N/A    N/A   1.30    N/A    N/A     N/A     N/A    N/A
Belmore     1.30   1.70   1.20   1.05    N/A     1.55   1.15    N/A
Kent Bridge 1.90    N/A   1.05    N/A    1.85    N/A    1.15    N/A
Chatham      N/A    N/A   1.05    N/A    N/A     N/A    1.20    N/A
Brigden      N/A    N/A   1.05    N/A    N/A     N/A    1.20    N/A
Palmerston  1.30   1.70   1.20   1.05    N/A     1.55   1.15    N/A
Varna       1.85   1.85   1.10    N/A    1.80    1.95   1.15    N/A
Mitchell    1.90   1.85   1.10    N/A    1.85    1.90   1.15    N/A
Thornton    1.82   1.82   1.05   1.41    1.50    1.77   1.08    N/A
North Gower  N/A   1.05   1.35   1.02    N/A     1.00   1.31   0.67
W O Feed                  1.55

TERMINAL
Port Colbor  N/A    N/A   1.51    N/A    N/A     N/A    1.42    N/A

PROCESSORS
Toledo FM    N/A    N/A    N/A    N/A    N/A     N/A     N/A    N/A

Toledo El. 4.89US        6.75CA         5.62US         7.76CA


(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange

FEED GRAINS
FOB Hm Soymeal            657.32
DDG's FOB Aylm            205.00