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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, October 31
Exchange rate was 1.3984 up 0.0036
Chicago soybeans closed slightly higher.
JAN26 HI 11.15 3/4 NOV26 HI 11.07
LOW 11.01 LOW 10.90 3/4
CLOSE11.15 1/4 Up 7 1/2 CLOSE 11.06 Up 10 1/4
OLD CROP NEW CROP
Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt
ELEVATORS +JAN26+JAN26+JAN26
CK Low 3.45 14.60 536.55 3.05 14.11 518.45
CK High 3.50 14.65 538.39 3.17 14.23 522.86
CK Average 3.48 -0.69 14.63 537.70 3.14 -0.91 14.20 521.76
Essex Cty 3.45 14.60 536.55 3.15 14.21 522.13
Mdsx Low 3.50 14.65 538.39 3.15 14.21 522.13
Mdsx High 3.50 14.65 538.39 3.17 14.23 522.86
Mdsx Average3.50 -0.67 14.65 538.39 3.15 -0.90 14.21 522.28
Hensall 3.50 14.65 538.39 3.12 14.18 520.90
Bruce 3.45 14.60 536.55 3.10 14.16 520.29
Putnam 3.65 14.80 543.90 3.35 14.41 529.48
Guelph 3.58 14.73 541.33 3.21 14.27 524.33
Burford 3.65 14.80 543.90 3.32 14.38 528.37
Port Perry 3.38 14.53 533.98 3.05 14.11 518.45
Norfolk 3.60 14.75 542.06 3.15 14.21 522.13
Palmerston 3.50 14.65 538.39 3.10 14.16 520.29
Varna 3.50 14.65 538.39 3.10 14.16 520.29
Trenton 3.35 14.50 532.88 3.05 14.11 518.45
Winchester 3.49 14.64 538.02 3.05 14.11 518.45
North Gower 3.10 14.25 523.69 3.10 14.16 520.29
Vankleek Hil3.87 15.02 551.98 3.26 14.32 526.17
Huron FOB N/A 3.73 3.88 3.92 N/A
Kent FOB 3.65 14.80 543.90 3.15 14.21 522.13
Lambton FOB 3.65 14.80 543.90 3.10 14.16 520.29
Mdsx FOB 3.57 3.71 3.58 3.65 14.72 540.96 3.17 14.23 522.86
PROCESSORS
Windsor 3.73 14.88 546.84 3.51 14.57 535.36
TRANSFER
Hamilton 4.15 15.30 562.27 3.70 14.76 542.34
Prescott 4.15 15.30 562.27 3.54 14.60 536.46
Port Colborn4.29 15.44 567.41 3.68 14.74 541.60
Toledo El. -0.49 10.66 391.80 N/A
Exchange rate was 1.3984 up 0.0036
Chicago wheat closed slightly to moderately higher.
DEC25 HI 5.34 1/4 JUL26 HI 5.68
LOW 5.17 1/4 LOW 5.56 1/4
CLOSE 5.34 Up 9 3/4 CLOSE 5.67 1/4 Up 4 1/4
Minni wheat closed slightly higher.
DEC25 HI 5.56 3/4 SEP26 HI 6.19
LOW 5.49 1/2 LOW 6.14 1/4
CLOSE 5.53 Up 2 1/2 CLOSE 6.16 1/4 Up 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 1.20 N/A N/A N/A 1.15 N/A
London N/A 1.87 1.20 N/A N/A 1.82 1.12 N/A
Hensall 1.55 1.90 1.20 1.80 1.75 1.65 1.15 1.75
Trenton N/A N/A N/A N/A N/A N/A 1.35 N/A
Bruce 1.95 1.95 1.15 1.45 1.90 1.90 1.10 1.20
Essex N/A N/A 1.20 N/A N/A N/A 1.05 N/A
Norwich 1.60 N/A 1.20 N/A 1.75 N/A 1.15 N/A
Winchester N/A N/A N/A N/A N/A N/A N/A N/A
Belmore N/A 1.75 1.20 1.10 N/A 1.70 1.15 N/A
Kent Bridge 1.60 N/A 1.20 N/A 1.75 N/A 1.15 N/A
Chatham N/A N/A 1.20 N/A N/A N/A 1.05 N/A
Brigden N/A N/A 1.20 N/A N/A N/A 1.05 N/A
Palmerston N/A 1.75 1.20 1.10 N/A 1.70 1.15 N/A
Varna 1.55 2.30 1.20 N/A 1.75 1.65 1.15 N/A
Mitchell 1.60 N/A 1.20 N/A 1.75 N/A 1.15 N/A
Thornton N/A 1.87 1.20 1.86 N/A 1.82 1.12 N/A
North Gower N/A 1.20 1.30 1.37 N/A 1.15 1.35 1.02
W O Feed 1.98
TERMINAL
Port Colbor N/A N/A 1.72 N/A N/A N/A 1.67 N/A
Toledo El. 4.89US 6.84CA 5.42US 7.58CA
(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange
FEED GRAINS
FOB Hm Soymeal 530.88
DDG's FOB Aylm 260.00
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