FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, December 8
Exchange rate was 1.3585 down 0.0006
Chicago soybeans closed slightly lower.

      JAN24   HI 13.30  3/4              NOV24     HI 12.88
             LOW 12.99                            LOW 12.65  3/4
            CLOSE13.04   Down 7 3/4             CLOSE 12.70  1/2  Down 4

            OLD CROP                                  NEW CROP
Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt
ELEVATORS        +JAN24+MAR24+MAR24
CK Low      3.35                         16.39 602.23  3.35        16.06 589.92
CK High     3.40                         16.44 604.07  3.45        16.16 593.59
CK Average  3.39                   -0.94 16.43 603.80  3.38 -0.86  16.09 591.13
Essex Cty   3.40                         16.44 604.07  3.45        16.16 593.59
Mdsx Low    3.30                         16.34 600.39  3.31        16.02 588.45
Mdsx High   3.40                         16.44 604.07  3.35        16.06 589.92
Mdsx Average3.35                   -0.98 16.39 602.23  3.34 -0.89  16.05 589.55
Hensall     3.35                         16.39 602.23  3.35        16.06 589.92
Bruce       3.35                         16.39 602.23  3.35        16.06 589.92
Putnam      3.35                         16.39 602.23  3.35        16.06 589.92
Guelph      3.22                         16.26 597.45  3.30        16.01 588.08
Burford     3.49                         16.53 607.37  3.47        16.18 594.33
Port Perry  3.27                         16.31 599.29  3.25        15.96 586.25
Norfolk     3.40                         16.44 604.07  3.40        16.11 591.76
Palmerston  3.35                         16.39 602.23  3.35        16.06 589.92
Varna       3.35                         16.39 602.23  3.35        16.06 589.92
Trenton     3.20                         16.24 596.72  3.25        15.96 586.25
Winchester  2.85                         15.89 583.86  3.30        16.01 588.08
North Gower 2.95                         15.99 587.53  3.40        16.11 591.76
Vankleek Hil3.38                         16.42 603.33  3.50        16.21 595.43
Huron FOB   3.47  3.56  3.63  N/A        16.51 606.64  N/A
Kent FOB    3.55                         16.59 609.58  3.35        16.06 589.92
Lambton FOB 3.30                         16.34 600.39  N/A
Mdsx FOB    3.72  3.79  3.85  3.91       16.76 615.82  N/A

PROCESSORS
Windsor     3.84                         16.88 620.23  3.99        16.70 613.44

TRANSFER
Hamilton    4.10                         17.14 629.79  3.95        16.66 611.97
Prescott    3.37                         16.41 602.96  3.91        16.62 610.50
Port Colborn3.98                         17.02 625.38  4.02        16.73 614.54

Toledo El.  -0.68                        12.36 454.18 -0.75        11.96 439.37


Exchange rate was 1.3585 down 0.0006
Chicago wheat closed slightly to moderately lower.
MAR24      HI     6.45                 JUL24   HI         6.54
           LOW    6.28  3/4                    LOW        6.42
           CLOSE  6.31  3/4  Down 10 1/2       CLOSE   6.45  1/2  Down 7 1/2

Minni wheat closed slightly lower.
MAR24      HI        7.40              SEP24   HI         7.62
           LOW       7.28                      LOW     7.52  1/4
           CLOSE  7.29  1/2  Down 7 3/4        CLOSE   7.53  1/4  Down 9 1/4



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   1.15    N/A    N/A     N/A    1.20    N/A
London      1.63   1.56   1.12    N/A    1.60    1.67   1.33    N/A
Hensall     1.25   1.45   1.15   1.00    1.60    1.60   1.20    N/A
Trenton      N/A    N/A    N/A    N/A    N/A     N/A    1.20    N/A
Bruce        N/A   1.45   1.15   1.00    1.50    1.50   1.20    N/A
Essex        N/A    N/A   1.15    N/A    N/A     N/A    1.20    N/A
Norwich     1.30    N/A   1.15    N/A    1.65    N/A    1.20    N/A
Belmore      N/A   0.90   1.15   0.90    1.70    1.15   1.20    N/A
Kent Bridge 1.30    N/A   1.15    N/A    1.65    N/A    1.20    N/A
Chatham      N/A    N/A   1.15    N/A    N/A     N/A    1.20    N/A
Brigden      N/A    N/A   1.15    N/A    N/A     N/A    1.20    N/A
Palmerston   N/A   0.90   1.15   0.90    1.70    1.15   1.20    N/A
Varna       1.25   1.45   1.15    N/A    1.60    1.60   1.20    N/A
Mitchell    1.30   1.30   1.15    N/A    1.65    1.55   1.20    N/A
Thornton    1.63   1.56   1.12   1.09    1.60    1.67   1.33    N/A
North Gower  N/A   0.63   0.83   0.75    N/A     1.04   1.34   0.97
W O Feed                  2.11

TERMINAL
Port Colbor  N/A    N/A   1.76    N/A    N/A     N/A    1.73    N/A

PROCESSORS
Toledo FM    N/A    N/A    N/A    N/A    N/A     N/A    2.18    N/A

Toledo El. 5.62US        7.63CA         6.22US         8.44CA


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

FEED GRAINS
FOB Hm Soymeal            717.29
DDG's FOB Aylm            280.00