FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, April 25
Exchange rate was 1.3653 down 0.0043
Chicago soybeans closed narrowly mixed.

      MAY24   HI 11.66  1/2              NOV24     HI 11.79  1/4
             LOW 11.50  1/2                       LOW 11.64
            CLOSE11.62  3/4  Down 3 1/4         CLOSE 11.75  1/2  Up 1

            OLD CROP                                  NEW CROP
Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt
ELEVATORS        +MAY24+JUL24+JUL24
CK Low      3.39                         15.02 551.80  3.25        15.01 551.34
CK High     3.55                         15.18 557.68  3.40        15.16 556.85
CK Average  3.43                   -0.60 15.06 553.43  3.29 -0.74  15.04 552.65
Essex Cty   3.45                         15.08 554.00  3.30        15.06 553.18
Mdsx Low    3.32                         14.95 549.23  3.18        14.94 548.77
Mdsx High   3.40                         15.03 552.17  3.25        15.01 551.34
Mdsx Average3.37                   -0.64 15.00 550.97  3.23 -0.78  14.99 550.70
Hensall     3.35                         14.98 550.33  3.20        14.96 549.50
Bruce       3.35                         14.98 550.33  3.20        14.96 549.50
Putnam      3.35                         14.98 550.33  3.25        15.01 551.34
Guelph      3.37                         15.00 551.06  3.17        14.93 548.40
Burford     3.42                         15.05 552.90  3.28        15.04 552.44
Port Perry  3.26                         14.89 547.02  3.12        14.88 546.56
Norfolk     3.40                         15.03 552.17  3.30        15.06 553.18
Palmerston  3.35                         14.98 550.33  3.20        14.96 549.50
Varna       3.35                         14.98 550.33  3.20        14.96 549.50
Trenton     3.30                         14.93 548.49  3.20        14.96 549.50
Winchester  3.05                         14.68 539.31  3.25        15.01 551.34
North Gower 2.80                         14.43 530.12  2.85        14.61 536.64
Vankleek Hil3.08                         14.71 540.41  2.87        14.63 537.38
Huron FOB   3.52  3.57  3.41  N/A        15.15 556.58  N/A
Kent FOB    3.65                         15.28 561.35  3.25        15.01 551.34
Lambton FOB 3.43                         15.06 553.27  N/A
Mdsx FOB    3.44  3.57  3.50  3.63       15.07 553.64  3.29        15.05 552.81

PROCESSORS
Windsor     4.13                         15.76 578.99  3.78        15.54 570.81

TRANSFER
Hamilton    3.95                         15.58 572.38  3.80        15.56 571.55
Prescott     N/A                                       3.58        15.34 563.46
Port Colborn N/A                                       3.84        15.60 573.02

Toledo El.  -0.55                        11.08 407.17 -0.75        11.00 404.33


Exchange rate was 1.3653 down 0.0043
Chicago wheat closed slightly higher.
MAY24      HI     6.05                 JUL24   HI      6.23  1/2
           LOW    5.93  1/2                    LOW        6.12
           CLOSE  6.02  1/4  Up 7 3/4          CLOSE   6.20  1/2  Up 7 1/2

Minni wheat closed moderately higher.
MAY24      HI     6.92  1/2            SEP24   HI      7.05  1/2
           LOW       6.76                      LOW     6.90  3/4
           CLOSE  6.91   Up 12                 CLOSE   7.04  3/4  Up 11 1/2



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   1.40    N/A    N/A     N/A    1.30    N/A
London      1.54   2.02   1.47    N/A    1.95    2.02   1.40    N/A
Hensall     1.60   1.95   1.50   1.35    1.75    1.75   1.30   1.15
Trenton      N/A    N/A    N/A    N/A    N/A     N/A    1.35    N/A
Bruce        N/A   1.80   1.40    N/A    1.60    1.70   1.30   0.95
Essex        N/A    N/A   1.40    N/A    N/A     N/A    1.30    N/A
Norwich      N/A    N/A   1.40    N/A    1.85    N/A    1.30    N/A
Belmore      N/A   1.00   1.50   1.05    1.30    1.25   1.30    N/A
Kent Bridge  N/A    N/A   1.40    N/A    1.85    N/A    1.30    N/A
Chatham      N/A    N/A   1.40    N/A    N/A     N/A    1.30    N/A
Brigden      N/A    N/A   1.40    N/A    N/A     N/A    1.30    N/A
Palmerston   N/A   1.00   1.50   1.05    1.30    1.25   1.30    N/A
Varna       1.60   1.95   1.50    N/A    1.75    1.75   1.30    N/A
Mitchell     N/A    N/A   1.40    N/A    1.85    1.80   1.30    N/A
Thornton    1.54   2.02   1.47   1.30    1.95    2.02   1.40    N/A
North Gower  N/A   1.30   1.60   1.12    N/A     1.19   1.49   0.97
W O Feed                  2.33

TERMINAL
Port Colbor  N/A    N/A   2.08    N/A    N/A     N/A    1.88    N/A

PROCESSORS
Toledo FM    N/A    N/A   1.86    N/A    N/A     N/A    2.13    N/A

Toledo El. 5.62US        7.68CA         6.01US         8.20CA


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

FEED GRAINS
FOB Hm Soymeal            570.90
DDG's FOB Aylm            255.00