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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, October 30
Exchange rate was 1.3929 down 0.0025
Chicago soybeans closed slightly lower.

      JAN27   HI 12.42                   NOV27     HI 12.16
             LOW 12.30  3/4                       LOW 12.07  1/4
            CLOSE12.34  1/4  Down  1/2          CLOSE 12.09   Down  1/2

            OLD CROP                                  NEW CROP
Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt
ELEVATORS        +JAN27+JAN27+JAN27
CK Low      3.40                         15.74 578.44  3.29        15.38 565.12
CK High     3.45                         15.79 580.28  3.45        15.54 571.00
CK Average  3.43                   -1.02 15.77 579.36  3.39 -0.97  15.48 568.88
Essex Cty   3.40                         15.74 578.44  3.40        15.49 569.16
Mdsx Low    3.40                         15.74 578.44  3.29        15.38 565.12
Mdsx High   3.45                         15.79 580.28  3.40        15.49 569.16
Mdsx Average3.42                   -1.03 15.76 579.17  3.38 -0.98  15.47 568.35
Hensall     3.48                         15.83 581.50  3.40        15.49 569.16
Bruce       3.58                         15.92 585.05  3.45        15.54 571.00
Putnam      3.60                         15.94 585.79  3.50        15.59 572.83
Guelph      3.45                         15.79 580.28  3.30        15.39 565.49
Burford     3.50                         15.84 582.11  3.50        15.59 572.83
Brantford   3.60                         15.94 585.79  3.45        15.54 571.00
Port Perry  3.26                         15.60 573.29  3.16        15.25 560.34
Norfolk     3.45                         15.79 580.28  3.45        15.54 571.00
Palmerston  3.50                         15.84 582.11  3.40        15.49 569.16
Varna       3.50                         15.84 582.11  3.40        15.49 569.16
Trenton     3.45                         15.79 580.28  3.50        15.59 572.83
Winchester  3.46                         15.80 580.64  3.52        15.61 573.57
North Gower 3.40                         15.74 578.44  3.50        15.59 572.83
Vankleek Hil3.59                         15.93 585.42  N/A
Huron FOB    N/A  3.37  3.65  N/A                      N/A
Kent FOB    3.40                         15.74 578.44  3.40        15.49 569.16
Lambton FOB 3.45                         15.79 580.28  3.40        15.49 569.16
Mdsx FOB    3.57  3.60  3.94  3.87       15.91 584.68  3.34        15.43 566.96

PROCESSORS
Windsor     3.93                         16.27 597.91  3.82        15.91 584.59

TRANSFER
Hamilton    3.90                         16.24 596.81  3.95        16.04 589.37
Prescott    3.59                         15.93 585.42  N/A
Port Colborn4.10                         16.44 604.16  3.73        15.82 581.29

Toledo El.  -0.67                        11.67 428.94 -0.77        11.32 416.08


Exchange rate was 1.3929 down 0.0025
Chicago wheat closed narrowly mixed.
DEC26      HI     6.10                 JUL27   HI         6.33
           LOW    5.98  1/4                    LOW     6.24  1/4
           CLOSE  6.03  1/2  Down  1/4         CLOSE   6.29  3/4  Up 2 1/4

Minni wheat closed narrowly mixed.
DEC26      HI     6.29  3/4            SEP27   HI      6.75  1/2
           LOW    6.20  1/4                    LOW     6.70  3/4
           CLOSE  6.23  3/4  Down  3/4         CLOSE   6.74   Unchanged



Direct MarkHarvest 2026                Harvest 2027
           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    1.30    N/A
London       N/A    N/A   1.20    N/A    N/A     N/A    1.25    N/A
Hensall     1.25   1.75   1.25   1.75    1.25    1.65   1.25   1.75
Trenton      N/A    N/A    N/A    N/A    N/A     N/A    1.25    N/A
Bruce        N/A   1.80   1.25    N/A    1.45    1.80   1.30   1.80
Essex        N/A    N/A   1.25    N/A    N/A     N/A    1.30    N/A
Norwich     1.25    N/A   1.25    N/A    1.25    N/A    1.25    N/A
Winchester   N/A    N/A    N/A    N/A    N/A     N/A     N/A    N/A
Belmore      N/A   1.70   1.25   1.30    N/A     1.80   1.30    N/A
Kent Bridge 1.25    N/A   1.25    N/A    1.25    N/A    1.25    N/A
Chatham      N/A    N/A   1.25    N/A    N/A     N/A    1.30    N/A
Brigden      N/A    N/A   1.25    N/A    N/A     N/A    1.30    N/A
Palmerston   N/A   1.70   1.25   1.30    N/A     1.80   1.30    N/A
Varna        N/A   1.75   1.25    N/A    N/A     1.65   1.25    N/A
Mitchell    1.25    N/A   1.25    N/A    1.25    N/A    1.25    N/A
Thornton     N/A   1.55   1.20   1.69    N/A     1.65   1.25    N/A
North Gower  N/A   1.25   1.40   1.02    N/A     1.40   1.60   1.12
W O Feed                  1.84
TERMINAL
Port Colbor  N/A    N/A   1.33    N/A    N/A     N/A    1.47    N/A

Toledo El. 5.74US        7.99CA         6.05US         8.42CA


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

FEED GRAINS
FOB Hm Soymeal            686.31
DDG's FOB Aylm            335.00

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“88 HEDGE” is a dba of CIH Trading, LLC listed with the NFA. The information contained in this publication is taken from sources believed to be reliable but is not guaranteed by 88 Hedge or CIH Trading, LLC, nor any affiliates, as to accuracy or completeness, and is intended for purposes of information and education only. Nothing therein should be considered as a trading recommendation. There is a risk of loss in futures and option trading. Past performance is not indicative of future results.
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