FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, September 20
Exchange rate was 1.3421 down 0.0004
Chicago soybeans closed slightly higher.

      NOV23   HI 13.22  3/4              NOV23     HI 13.22  3/4
             LOW 13.10  1/4                       LOW 13.10  1/4
            CLOSE13.20   Up 4 1/2               CLOSE 13.20   Up 4 1/2

            OLD CROP                                  NEW CROP
Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt
ELEVATORS        +NOV23+NOV23+JAN24
CK Low      4.21                         17.41 639.71  3.40        16.60 609.95
CK High     4.35                         17.55 644.85  3.60        16.80 617.29
CK Average  4.28                   -0.17 17.48 642.35  3.52 -0.74  16.72 614.35
Essex Cty   4.35                         17.55 644.85  3.60        16.80 617.29
Mdsx Low    4.19                         17.39 638.97  3.50        16.70 613.62
Mdsx High   4.30                         17.50 643.01  3.55        16.75 615.46
Mdsx Average4.25                   -0.20 17.45 641.06  3.52 -0.74  16.72 614.26
Hensall     4.28                         17.48 642.40  3.50        16.70 613.62
Bruce        N/A                                       3.50        16.70 613.62
Putnam      4.25                         17.45 641.18  3.50        16.70 613.62
Guelph       N/A                                       3.49        16.69 613.25
Burford     4.27                         17.47 641.91  3.60        16.80 617.29
Port Perry  4.16                         17.36 637.87  3.49        16.69 613.25
Norfolk      N/A                                       3.60        16.80 617.29
Palmerston  4.30                         17.50 643.01  3.50        16.70 613.62
Varna       4.30                         17.50 643.01  3.50        16.70 613.62
Trenton      N/A                                       3.50        16.70 613.62
Winchester   N/A                                       3.40        16.60 609.95
North Gower 4.50                         17.70 650.36  3.80        17.00 624.64
Vankleek Hil4.49                         17.69 650.00  3.54        16.74 615.09
Huron FOB   4.41  3.50  3.50  3.61       17.61 647.06  3.50        16.70 613.62
Kent FOB     N/A                                       3.55        16.75 615.46
Lambton FOB  N/A                                       3.60        16.80 617.29
Mdsx FOB    4.34  3.58  3.70  3.82       17.54 644.48  3.58        16.78 616.56

PROCESSORS
Windsor     3.99                         17.19 631.62  4.09        17.29 635.30

TRANSFER
Hamilton    5.05                         18.25 670.57  4.15        17.35 637.50
Prescott     N/A                                       4.07        17.27 634.56
Port Colborn N/A                                       4.23        17.43 640.44

Toledo El.  -0.94                        12.26 450.50 -0.94        12.26 450.50


Exchange rate was 1.3421 down 0.0004
Chicago wheat closed slightly higher.
DEC23      HI     5.96  1/4            JUL24   HI      6.46  1/4
           LOW    5.81  1/2                    LOW     6.33  3/4
           CLOSE  5.88  3/4  Up 4 3/4          CLOSE   6.39  1/2  Up 3 1/2

Minni wheat closed slightly higher.
DEC23      HI     7.88  3/4            SEP24   HI      8.03  3/4
           LOW    7.75  3/4                    LOW        8.00
           CLOSE  7.83  1/2  Up 3 3/4          CLOSE   8.03  3/4  Up 3



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   0.50    N/A    N/A     N/A    0.85    N/A
London      1.28   1.21   0.54    N/A    1.43    1.32   0.78    N/A
Hensall     1.60   1.30   0.50   1.15    1.70    1.50   0.85    N/A
Trenton      N/A    N/A   0.50    N/A    N/A     N/A     N/A    N/A
Bruce       1.30   1.00   0.50   1.00    1.35    1.35   0.85    N/A
Essex        N/A    N/A   0.45    N/A    N/A     N/A    0.85    N/A
Norwich     1.65    N/A   0.55    N/A    1.75    N/A    0.85    N/A
Belmore     1.60   1.10   0.50   1.20    1.70    1.15   0.85    N/A
Kent Bridge 1.65    N/A   0.45    N/A    1.75    N/A    0.85    N/A
Chatham      N/A    N/A   0.45    N/A    N/A     N/A    0.85    N/A
Brigden      N/A    N/A   0.35    N/A    N/A     N/A    0.85    N/A
Palmerston  1.60   1.10   0.50   1.20    1.70    1.15   0.85    N/A
Varna       1.60   1.30   0.50    N/A    1.70    1.50   0.85    N/A
Mitchell    1.65   1.30   0.55    N/A    1.75    1.50   0.85    N/A
Thornton    1.28   1.21   0.54   1.07    1.43    1.32   0.78    N/A
North Gower  N/A   0.50   0.70   1.05    N/A     0.72   1.02   0.87
W O Feed                  1.32

TERMINAL
Port Colbor  N/A    N/A   1.08    N/A    N/A     N/A    1.25    N/A

PROCESSORS
Toledo FM    N/A    N/A   1.54    N/A    N/A     N/A     N/A    N/A

Toledo El. 5.34US        7.16CA         6.16US         8.26CA


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

FEED GRAINS
FOB Hm Soymeal            667.13
DDG's FOB Aylm            -