FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, December 16 Exchange rate was 1.3687 up 0.0045 Chicago soybeans closed slightly higher. JAN23 HI 14.86 NOV23 HI 13.92 3/4 LOW 14.65 1/2 LOW 13.79 3/4 CLOSE14.80 Up 6 1/2 CLOSE 13.89 1/4 Up 1 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN23+MAR23+MAR23 CK Low 4.85 19.65 722.01 4.25 18.14 666.62 CK High 4.95 19.75 725.69 4.35 18.24 670.30 CK Average 4.89 -0.41 19.69 723.59 4.29 -0.61 18.18 667.99 Essex Cty 4.90 19.70 723.85 4.25 18.14 666.62 Mdsx Low 4.80 19.60 720.18 4.20 18.09 664.79 Mdsx High 4.94 19.74 725.32 4.35 18.24 670.30 Mdsx Average4.87 -0.43 19.67 722.84 4.28 -0.62 18.17 667.54 Hensall 4.85 19.65 722.01 4.25 18.14 666.62 Bruce 4.90 19.70 723.85 4.30 18.19 668.46 Putnam 4.85 19.65 722.01 4.25 18.14 666.62 Burford 5.01 19.81 727.89 4.42 18.31 672.87 Port Perry 4.85 19.65 722.01 4.26 18.15 666.99 Norfolk 4.90 19.70 723.85 4.30 18.19 668.46 Palmerston 4.86 19.66 722.38 N/A Varna 4.85 19.65 722.01 4.25 18.14 666.62 Trenton 4.80 19.60 720.18 4.20 18.09 664.79 Winchester 5.00 19.80 727.53 4.55 18.44 677.65 North Gower 4.50 19.30 709.15 4.25 18.14 666.62 Vankleek Hil4.97 19.77 726.42 4.19 18.08 664.42 Huron FOB 4.87 5.13 5.15 N/A 19.67 722.75 N/A Kent FOB 5.15 19.95 733.04 4.30 18.19 668.46 Lambton FOB 5.12 19.92 731.93 N/A Mdsx FOB 5.27 5.40 N/A N/A 20.07 737.45 4.46 18.35 674.34 PROCESSORS Windsor 5.58 20.38 748.84 4.64 18.53 680.95 TRANSFER Hamilton 5.65 20.45 751.41 4.75 18.64 684.99 Prescott 5.27 20.07 737.45 4.46 18.35 674.34 Port Colborn5.36 20.16 740.75 4.90 18.79 690.51 Toledo El. -0.27 14.53 533.75 -0.62 13.28 487.83 Exchange rate was 1.3687 up 0.0045 Chicago wheat closed slightly lower. MAR23 HI 7.64 1/4 JUL23 HI 7.76 LOW 7.50 3/4 LOW 7.64 CLOSE 7.53 1/2 Down 3 3/4 CLOSE 7.65 1/2 Down 5 Minni wheat closed slightly lower. MAR23 HI 9.22 1/4 SEP23 HI 8.97 1/2 LOW 9.09 LOW 8.88 1/2 CLOSE 9.09 1/2 Down 9 1/4 CLOSE 8.89 Down 6 Direct MarkHarvest 2022 Harvest 2023 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 1.40 N/A London 2.73 1.77 1.29 N/A 2.91 1.81 1.40 N/A Hensall 4.10 N/A 1.20 N/A 2.90 N/A 1.35 N/A Trenton N/A N/A N/A N/A N/A N/A 1.40 N/A Bruce 2.30 1.80 1.30 1.15 2.40 1.90 1.40 1.15 Essex N/A N/A 1.25 N/A N/A N/A 1.45 N/A Norwich 4.10 N/A 1.20 N/A 2.90 N/A 1.35 N/A Port Hope N/A N/A 1.20 N/A N/A N/A 1.40 N/A Kent Bridge 4.10 N/A 1.20 N/A 2.90 N/A 1.35 N/A Chatham N/A N/A 1.25 N/A N/A N/A 1.45 N/A Brigden N/A N/A 1.25 N/A N/A N/A 1.45 N/A Palmerston N/A N/A 1.02 2.28 N/A N/A N/A N/A Varna 4.10 2.15 1.30 N/A 2.70 1.95 1.40 N/A Mitchell 4.10 N/A 1.20 N/A 2.90 1.90 1.35 N/A Thornton 2.73 1.77 1.29 2.22 2.91 1.81 1.40 N/A North Gower N/A 0.90 1.30 1.42 N/A 1.20 1.60 1.32 W O Feed 2.26 TERMINAL Port Colbor N/A N/A 1.76 N/A N/A N/A 1.94 N/A PROCESSORS Toledo FM N/A N/A N/A N/A N/A N/A 2.69 N/A Toledo El. 7.39US 10.11CA 7.41US 10.14CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 759.51 DDG's FOB Aylm 355.00