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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, November 7
Exchange rate was 1.4018 down 0.0067
Chicago soybeans closed slightly higher.
JAN26 HI 11.18 1/4 NOV26 HI 11.02
LOW 11.08 LOW 10.95
CLOSE11.17 Up 9 1/2 CLOSE 11.00 1/2 Up 4 1/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +JAN26+JAN26+MAY26
CK Low 3.60 14.77 542.70 3.28 14.29 524.88
CK High 3.70 14.87 546.38 3.40 14.41 529.29
CK Average 3.66 -0.59 14.83 544.77 3.33 -0.78 14.33 526.68
Essex Cty 3.60 14.77 542.70 3.30 14.31 525.62
Mdsx Low 3.65 14.82 544.54 3.28 14.29 524.88
Mdsx High 3.70 14.87 546.38 3.35 14.36 527.46
Mdsx Average3.67 -0.58 14.84 545.28 3.31 -0.80 14.31 525.84
Hensall 3.73 14.90 547.60 3.35 14.36 527.46
Bruce 3.75 14.92 548.22 3.35 14.36 527.46
Putnam 3.70 14.87 546.38 3.45 14.46 531.13
Guelph 3.69 14.86 546.01 3.22 14.23 522.68
Burford 3.87 15.04 552.63 3.45 14.46 531.13
Port Perry 3.60 14.77 542.70 3.18 14.19 521.21
Norfolk 3.75 14.92 548.22 3.30 14.31 525.62
Palmerston 3.75 14.92 548.22 3.35 14.36 527.46
Varna 3.75 14.92 548.22 3.35 14.36 527.46
Trenton 3.65 14.82 544.54 3.25 14.26 523.78
Winchester 3.59 14.76 542.34 3.10 14.11 518.27
North Gower 3.40 14.57 535.36 3.10 14.11 518.27
Vankleek Hil3.79 14.96 549.69 3.34 14.35 527.09
Huron FOB 3.88 3.97 4.01 N/A 15.05 552.99 N/A
Kent FOB 3.80 14.97 550.05 3.30 14.31 525.62
Lambton FOB 3.80 14.97 550.05 3.30 14.31 525.62
Mdsx FOB 3.78 3.73 3.80 3.76 14.95 549.32 3.23 14.24 523.05
PROCESSORS
Windsor 3.67 14.84 545.28 3.55 14.56 534.80
TRANSFER
Hamilton 4.40 15.57 572.10 3.85 14.86 545.83
Prescott 4.20 15.37 564.75 3.61 14.62 537.01
Port Colborn4.51 15.68 576.14 3.74 14.75 541.79
Toledo El. -0.49 10.68 392.40 -0.77 10.23 376.03
Exchange rate was 1.4018 down 0.0067
Chicago wheat closed moderately lower.
DEC25 HI 5.37 1/2 JUL26 HI 5.70
LOW 5.26 1/4 LOW 5.60 1/2
CLOSE 5.27 3/4 Down 7 3/4 CLOSE 5.61 1/2 Down 7 1/2
Minni wheat closed slightly higher.
DEC25 HI 5.64 3/4 SEP26 HI 6.20 1/2
LOW 5.55 LOW 6.12 3/4
CLOSE 5.58 Up 1 CLOSE 6.12 3/4 Up 1/2
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 1.30 N/A N/A N/A 1.25 N/A
London N/A 1.96 1.30 N/A N/A 1.87 1.20 N/A
Hensall 1.55 2.00 1.30 1.80 1.75 1.75 1.20 1.75
Trenton N/A N/A N/A N/A N/A N/A 1.45 N/A
Bruce 1.85 1.95 1.30 1.45 1.75 1.65 1.20 1.20
Essex N/A N/A 1.30 N/A N/A N/A 1.15 N/A
Norwich 1.60 N/A 1.30 N/A 1.75 N/A 1.20 N/A
Winchester N/A N/A N/A N/A N/A N/A N/A N/A
Belmore N/A 1.75 1.35 1.10 N/A 1.70 1.25 N/A
Kent Bridge 1.60 N/A 1.30 N/A 1.75 N/A 1.20 N/A
Chatham N/A N/A 1.30 N/A N/A N/A 1.15 N/A
Brigden N/A N/A 1.30 N/A N/A N/A 1.15 N/A
Palmerston N/A 1.75 1.35 1.10 N/A 1.70 1.25 N/A
Varna 1.55 2.40 1.30 N/A 1.75 1.75 1.20 N/A
Mitchell 1.60 N/A 1.30 N/A 1.75 N/A 1.20 N/A
Thornton N/A 1.96 1.30 1.92 N/A 1.87 1.20 N/A
North Gower N/A 1.20 1.30 1.37 N/A 1.15 1.35 1.02
W O Feed 2.06
TERMINAL
Port Colbor N/A N/A 1.95 N/A N/A N/A 1.72 N/A
Toledo El. 4.93US 6.91CA 5.37US 7.52CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 542.46
DDG's FOB Aylm 265.00
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