FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, November 21
Exchange rate was 1.4079 up 0.0003
Chicago soybeans closed narrowly mixed.

      JAN26   HI 11.27  1/2              NOV26     HI 11.16  1/4
             LOW 11.13  1/2                       LOW 11.07  1/2
            CLOSE11.25   Up 2 1/2               CLOSE 11.12   Down 1 3/4

            OLD CROP                                  NEW CROP
Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt
ELEVATORS        +JAN26+JAN26+MAR26
CK Low      3.65                         14.90 547.48  3.35        14.47 531.68
CK High     3.75                         15.00 551.16  3.40        14.52 533.52
CK Average  3.70                   -0.63 14.95 549.36  3.36 -0.83  14.48 532.14
Essex Cty   3.70                         14.95 549.32  3.35        14.47 531.68
Mdsx Low    3.70                         14.95 549.32  3.35        14.47 531.68
Mdsx High   3.75                         15.00 551.16  3.40        14.52 533.52
Mdsx Average3.71                   -0.62 14.96 549.76  3.36 -0.83  14.48 532.05
Hensall     3.75                         15.00 551.16  3.35        14.47 531.68
Bruce       3.75                         15.00 551.16  3.35        14.47 531.68
Putnam      3.75                         15.00 551.16  3.45        14.57 535.36
Guelph      3.75                         15.00 551.16  3.39        14.51 533.15
Burford     3.88                         15.13 555.93  3.57        14.69 539.77
Port Perry  3.68                         14.93 548.58  3.37        14.49 532.42
Norfolk     3.80                         15.05 552.99  3.40        14.52 533.52
Palmerston  3.75                         15.00 551.16  3.35        14.47 531.68
Varna       3.75                         15.00 551.16  3.35        14.47 531.68
Trenton     3.70                         14.95 549.32  3.25        14.37 528.01
Winchester  3.65                         14.90 547.48  3.25        14.37 528.01
North Gower 3.50                         14.75 541.97  3.25        14.37 528.01
Vankleek Hil3.58                         14.83 544.91  3.42        14.54 534.25
Huron FOB   3.80  3.95  4.00  N/A        15.05 552.99  N/A
Kent FOB    3.90                         15.15 556.67  3.35        14.47 531.68
Lambton FOB 3.80                         15.05 552.99  3.30        14.42 529.84
Mdsx FOB    3.87  3.87  3.94  3.91       15.12 555.56  3.47        14.59 536.09

PROCESSORS
Windsor     4.19                         15.44 567.32  3.66        14.78 543.07

TRANSFER
Hamilton    4.45                         15.70 576.88  3.85        14.97 550.05
Prescott    4.07                         15.32 562.91  3.69        14.81 544.17
Port Colborn4.10                         15.35 564.02  4.06        15.18 557.77

Toledo El.  -0.35                        10.90 400.43 -0.77        10.35 380.14


Exchange rate was 1.4079 up 0.0003
Chicago wheat closed slightly lower to steady.
DEC25      HI     5.32  1/2            JUL26   HI      5.61  1/2
           LOW    5.22  3/4                    LOW     5.53  3/4
           CLOSE  5.27   Unchanged             CLOSE   5.57   Down 1 1/2

Minni wheat closed slightly to moderately lower.
DEC25      HI     5.74  3/4            SEP26   HI      6.21  1/2
           LOW    5.64  1/2                    LOW        6.13
           CLOSE  5.65   Down 7 3/4            CLOSE   6.13  1/4  Down 4 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   1.25    N/A    N/A     N/A    1.20    N/A
London       N/A   1.96   1.39    N/A    N/A     1.73   1.21    N/A
Hensall     1.50   1.95   1.35   1.75    1.70    1.70   1.20   1.70
Trenton      N/A    N/A    N/A    N/A    N/A     N/A    1.45    N/A
Bruce       1.80   2.00   1.30   1.45    1.70    1.70   1.20   1.20
Essex        N/A    N/A   1.30    N/A    N/A     N/A    1.15    N/A
Norwich     1.55    N/A   1.25    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   1.35   1.10    N/A     1.70   1.20    N/A
Kent Bridge 1.55    N/A   1.25    N/A    1.75    N/A    1.15    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   1.20    N/A
Varna       1.50   2.45   1.35    N/A    1.70    1.70   1.20    N/A
Mitchell    1.55    N/A   1.25    N/A    1.75    N/A    1.15    N/A
Thornton     N/A   1.96   1.39   2.00    N/A     1.73   1.21    N/A
North Gower  N/A   1.30   1.40   1.42    N/A     1.25   1.45   1.12
W O Feed                  2.19
TERMINAL
Port Colbor  N/A    N/A   2.10    N/A    N/A     N/A    1.72    N/A

Toledo El. 5.12US        7.21CA         5.32US         7.49CA


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

FEED GRAINS
FOB Hm Soymeal            535.84
DDG's FOB Aylm            250.00