FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, July 18
Exchange rate was 1.3687 down 0.0024
Chicago soybeans closed slightly higher.
NOV25 HI 10.43 1/4 NOV25 HI 10.43 1/4
LOW 10.26 LOW 10.26
CLOSE10.35 3/4 Up 9 1/4 CLOSE 10.35 3/4 Up 9 1/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +NOV25+NOV25+NOV25
CK Low 2.85 13.21 485.29 2.75 13.11 481.62
CK High 2.90 13.26 487.13 2.85 13.21 485.29
CK Average 2.89 -0.68 13.25 486.67 2.83 -0.72 13.19 484.56
Essex Cty 2.90 13.26 487.13 2.85 13.21 485.29
Mdsx Low 2.85 13.21 485.29 2.75 13.11 481.62
Mdsx High 2.90 13.26 487.13 2.85 13.21 485.29
Mdsx Average2.88 -0.69 13.24 486.39 2.82 -0.73 13.18 484.12
Hensall 2.88 13.24 486.52 2.82 13.17 484.07
Bruce 2.80 13.16 483.46 2.75 13.11 481.62
Putnam 2.90 13.26 487.13 2.85 13.21 485.29
Guelph 2.82 13.18 484.19 2.80 13.16 483.46
Burford 2.90 13.26 487.13 2.84 13.20 484.93
Port Perry 2.69 13.05 479.41 2.63 12.99 477.21
Norfolk 2.90 13.26 487.13 2.85 13.21 485.29
Palmerston 2.85 13.21 485.29 2.80 13.16 483.46
Varna 2.90 13.26 487.13 2.85 13.21 485.29
Trenton N/A 2.60 12.96 476.11
Winchester 2.85 13.21 485.29 2.66 13.02 478.31
North Gower 2.80 13.16 483.46 2.65 13.01 477.94
Vankleek Hil2.53 12.89 473.53 2.83 13.19 484.56
Huron FOB N/A 2.88 3.09 N/A 2.95 13.31 488.97
Kent FOB 2.95 13.31 488.97 2.85 13.21 485.29
Lambton FOB 2.95 13.31 488.97 2.85 13.21 485.29
Mdsx FOB 2.68 2.68 N/A 2.93 13.04 479.05 2.93 13.29 488.23
PROCESSORS
Windsor 3.15 13.51 496.32 3.16 13.52 496.68
TRANSFER
Hamilton 3.40 13.76 505.50 3.45 13.81 507.34
Prescott N/A 3.19 13.55 497.79
Port Colborn3.18 13.54 497.42 3.49 13.85 508.81
Toledo El. -0.21 10.15 373.03 -0.68 9.67 355.43
Exchange rate was 1.3687 down 0.0024
Chicago wheat closed moderately higher.
SEP25 HI 5.50 1/4 JUL26 HI 6.05 1/2
LOW 5.33 LOW 5.91 1/2
CLOSE 5.46 1/4 Up 12 3/4 CLOSE 6.02 3/4 Up 12
Minni wheat closed slightly higher.
SEP25 HI 6.03 3/4 SEP26 HI 6.60
LOW 5.93 1/4 LOW 6.55 3/4
CLOSE 5.95 1/2 Up 1/2 CLOSE 6.55 3/4 Up 2 3/4
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 0.85 N/A N/A N/A 1.00 N/A
London N/A 1.66 0.82 N/A N/A 1.68 1.02 N/A
Hensall 1.95 1.65 0.85 1.85 2.05 1.75 1.00 1.75
Trenton N/A N/A 0.95 N/A N/A N/A 1.10 N/A
Bruce 1.80 1.80 0.90 1.40 2.00 2.00 1.10 1.60
Essex N/A N/A 0.80 N/A N/A N/A 1.05 N/A
Norwich 1.95 N/A 0.85 N/A 2.10 N/A 1.05 N/A
Winchester N/A N/A N/A N/A N/A N/A N/A N/A
Belmore N/A 1.75 0.90 1.10 N/A 1.70 1.10 N/A
Kent Bridge 1.95 N/A 0.85 N/A 2.10 N/A 1.05 N/A
Chatham N/A N/A 0.80 N/A N/A N/A 1.05 N/A
Brigden N/A N/A 0.80 N/A N/A N/A 1.05 N/A
Palmerston N/A 1.75 0.90 1.10 N/A 1.70 1.10 N/A
Varna 1.95 1.95 0.85 N/A 2.05 1.75 1.00 N/A
Mitchell 1.95 N/A 0.90 N/A 2.10 N/A 1.05 N/A
Thornton N/A 1.66 0.82 1.64 N/A 1.68 1.02 N/A
North Gower N/A 1.05 1.20 0.87 N/A 1.05 1.20 0.52
W O Feed 1.54
TERMINAL
Port Colbor N/A N/A 1.30 N/A N/A N/A 1.36 N/A
PROCESSORS
Toledo FM N/A N/A 1.67 N/A N/A N/A 2.02 N/A
Toledo El. 5.17US 7.08CA 5.78US 7.91CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 427.70
DDG's FOB Aylm 230.00
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