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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, October 24
Exchange rate was 1.3967 up 0.0014
Chicago soybeans closed slightly lower to steady.
NOV25 HI 10.45 1/2 NOV26 HI 10.82 1/2
LOW 10.40 3/4 LOW 10.78
CLOSE10.41 3/4 Down 3 CLOSE 10.80 1/2 Unchanged
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +NOV25+JAN26+JAN26
CK Low 3.40 13.82 507.71 2.97 13.78 506.14
CK High 3.50 13.92 511.38 3.10 13.91 510.92
CK Average 3.44 -0.50 13.86 509.08 3.04 -0.89 13.85 508.72
Essex Cty 3.40 13.82 507.71 3.05 13.86 509.08
Mdsx Low 3.45 13.87 509.54 2.97 13.78 506.14
Mdsx High 3.55 13.97 513.22 3.05 13.86 509.08
Mdsx Average3.47 -0.47 13.89 510.28 3.02 -0.90 13.83 508.13
Hensall 3.55 13.97 513.22 3.00 13.81 507.25
Bruce 3.55 13.97 513.22 3.00 13.81 507.25
Putnam 3.60 14.02 515.05 3.10 13.91 510.92
Guelph 3.45 13.87 509.54 N/A
Burford 3.60 14.02 515.05 3.12 13.93 511.66
Port Perry 3.33 13.75 505.13 2.85 13.66 501.74
Norfolk 3.55 13.97 513.22 3.05 13.86 509.08
Palmerston 3.40 13.82 507.71 3.00 13.81 507.25
Varna 3.55 13.97 513.22 3.00 13.81 507.25
Trenton 3.35 13.77 505.87 2.85 13.66 501.74
Winchester 3.20 13.62 500.36 2.89 13.70 503.21
North Gower 3.25 13.67 502.19 3.10 13.91 510.92
Vankleek Hil3.59 14.01 514.69 3.21 14.02 514.96
Huron FOB 3.68 N/A 3.66 3.68 14.10 517.99 N/A
Kent FOB 3.60 14.02 515.05 3.05 13.86 509.08
Lambton FOB 3.50 13.92 511.38 3.00 13.81 507.25
Mdsx FOB N/A N/A N/A N/A 3.11 13.92 511.29
PROCESSORS
Windsor 3.68 14.10 517.99 3.43 14.24 523.05
TRANSFER
Hamilton 4.10 14.52 533.43 3.55 14.36 527.46
Prescott 3.89 14.31 525.71 3.48 14.29 524.88
Port Colborn4.10 14.52 533.43 3.62 14.43 530.03
Toledo El. -0.42 10.00 367.38 N/A
Exchange rate was 1.3967 up 0.0014
Chicago wheat closed narrowly mixed.
DEC25 HI 5.15 1/2 JUL26 HI 5.52 1/2
LOW 5.09 3/4 LOW 5.47 1/2
CLOSE 5.12 1/2 Down 1/2 CLOSE 5.50 Up 1/2
Minni wheat closed slightly lower.
DEC25 HI 5.59 3/4 SEP26 HI 6.24
LOW 5.55 LOW 6.15 3/4
CLOSE 5.57 Down 1 CLOSE 6.17 1/2 Down 2 1/4
Direct MarkHarvest 2025 Harvest 2026
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 1.00 N/A N/A N/A 1.00 N/A
London N/A 1.78 0.97 N/A N/A 1.86 1.03 N/A
Hensall 1.55 1.80 1.10 1.75 1.75 1.60 1.00 1.75
Trenton N/A N/A 1.05 N/A N/A N/A 1.30 N/A
Bruce 1.85 1.85 1.05 1.40 1.80 1.80 1.00 1.20
Essex N/A N/A 1.05 N/A N/A N/A 1.00 N/A
Norwich 1.60 N/A 1.00 N/A 1.75 N/A 1.00 N/A
Winchester N/A N/A N/A N/A N/A N/A N/A N/A
Belmore N/A 1.75 0.95 1.10 N/A 1.70 1.00 N/A
Kent Bridge 1.60 N/A 1.00 N/A 1.75 N/A 1.00 N/A
Chatham N/A N/A 1.05 N/A N/A N/A 1.00 N/A
Brigden N/A N/A 1.05 N/A N/A N/A 1.00 N/A
Palmerston N/A 1.75 0.95 1.10 N/A 1.70 1.00 N/A
Varna 1.55 2.20 1.10 N/A 1.75 1.60 1.00 N/A
Mitchell 1.60 N/A 1.00 N/A 1.75 N/A 1.00 N/A
Thornton N/A 1.78 0.97 1.88 N/A 1.86 1.03 N/A
North Gower N/A 1.20 1.30 1.37 N/A 1.15 1.35 1.02
W O Feed 1.93
TERMINAL
Port Colbor N/A N/A 1.63 N/A N/A N/A 1.64 N/A
Toledo El. 4.68US 6.53CA 5.25US 7.33CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 495.06
DDG's FOB Aylm 255.00
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