FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, May 8 Exchange rate was 1.3901 up 0.0137 Chicago soybeans closed slightly higher. JUL25 HI 10.48 NOV25 HI 10.28 1/2 LOW 10.36 1/2 LOW 10.18 1/2 CLOSE10.45 Up 5 3/4 CLOSE 10.25 Up 3 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL25+JUL25+AUG25 CK Low 3.05 13.50 496.04 2.89 13.14 482.81 CK High 3.10 13.55 497.88 2.95 13.20 485.02 CK Average 3.06 -0.73 13.51 496.27 2.91 -0.78 13.16 483.59 Essex Cty 3.10 13.55 497.88 2.90 13.15 483.18 Mdsx Low 3.05 13.50 496.04 2.89 13.14 482.81 Mdsx High 3.05 13.50 496.04 3.00 13.25 486.85 Mdsx Average3.05 -0.74 13.50 496.04 2.92 -0.78 13.17 483.84 Hensall 3.02 13.47 494.82 2.82 13.07 480.12 Bruce 3.05 13.50 496.04 2.90 13.15 483.18 Putnam 3.05 13.50 496.04 3.00 13.25 486.85 Guelph 2.90 13.35 490.53 2.77 13.02 478.40 Burford 3.09 13.54 497.51 2.93 13.18 484.28 Port Perry 2.89 13.34 490.16 2.73 12.98 476.93 Norfolk 3.05 13.50 496.04 2.90 13.15 483.18 Palmerston 3.00 13.45 494.20 2.80 13.05 479.51 Varna 3.00 13.45 494.20 2.80 13.05 479.51 Trenton 2.85 13.30 488.69 2.75 13.00 477.67 Winchester 2.93 13.38 491.63 3.01 13.26 487.22 North Gower 2.90 13.35 490.53 2.90 13.15 483.18 Vankleek Hil3.01 13.46 494.57 2.78 13.03 478.77 Huron FOB 3.15 3.17 3.23 N/A 13.60 499.71 N/A Kent FOB 3.35 13.80 507.06 2.85 13.10 481.34 Lambton FOB 3.25 13.70 503.39 2.90 13.15 483.18 Mdsx FOB 3.18 3.32 3.32 3.30 13.63 500.82 3.05 13.30 488.69 PROCESSORS Windsor 3.78 14.23 522.86 3.27 13.52 496.77 TRANSFER Hamilton 3.70 14.15 519.92 3.40 13.65 501.55 Prescott N/A 3.10 13.35 490.53 Port Colborn3.61 14.06 516.62 3.54 13.79 506.70 Toledo El. 0.07 10.52 386.53 -0.76 9.49 348.53 Exchange rate was 1.3901 up 0.0137 Chicago wheat closed slightly lower. JUL25 HI 5.38 1/2 JUL25 HI 5.38 1/2 LOW 5.25 1/2 LOW 5.25 1/2 CLOSE 5.29 1/4 Down 5 CLOSE 5.29 1/4 Down 5 Minni wheat closed slightly lower. JUL25 HI 6.07 SEP25 HI 6.18 3/4 LOW 5.98 LOW 6.10 CLOSE 6.00 3/4 Down 2 1/4 CLOSE 6.12 1/2 Down 2 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 0.85 N/A N/A N/A 0.95 N/A London N/A 1.86 0.82 N/A N/A 1.86 0.96 N/A Hensall 1.85 1.80 0.85 1.50 2.00 1.90 0.95 1.55 Trenton N/A N/A N/A N/A N/A N/A 1.20 N/A Bruce 1.55 1.85 0.85 1.40 1.65 1.75 0.95 1.20 Essex N/A N/A 0.90 N/A N/A N/A 1.00 N/A Norwich 1.85 N/A 0.85 N/A 2.15 N/A 0.95 N/A Winchester N/A N/A N/A N/A N/A N/A N/A N/A Belmore 1.20 1.40 0.85 0.90 N/A 1.75 0.95 N/A Kent Bridge 1.85 N/A 0.85 N/A 2.15 N/A 0.95 N/A Chatham N/A N/A 0.90 N/A N/A N/A 1.00 N/A Brigden N/A N/A 0.90 N/A N/A N/A 1.00 N/A Palmerston 1.20 1.40 0.85 0.90 N/A 1.75 0.95 N/A Varna 1.85 1.80 0.85 N/A 2.00 N/A 0.95 N/A Mitchell 1.85 N/A 0.85 N/A 2.15 N/A 0.95 N/A Thornton N/A 1.86 0.82 1.57 N/A 1.86 0.96 N/A North Gower N/A 0.90 1.10 0.92 N/A 1.30 1.50 0.97 W O Feed 1.77 TERMINAL Port Colbor N/A N/A 1.57 N/A N/A N/A 1.64 N/A PROCESSORS Toledo FM N/A N/A 1.65 N/A N/A N/A 1.72 N/A Toledo El. 4.89US 6.80CA 4.99US 6.94CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 473.67 DDG's FOB Aylm 250.00
