FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, July 22 Exchange rate was 1.2922 up 0.0026 Chicago soybeans closed slightly to moderately higher. NOV22 HI 13.33 NOV22 HI 13.33 LOW 12.88 1/2 LOW 12.88 1/2 CLOSE13.15 3/4 Up 14 1/4 CLOSE 13.15 3/4 Up 14 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV22+NOV22+NOV22 CK Low 5.49 18.65 685.18 3.34 16.50 606.18 CK High 6.15 19.31 709.43 3.60 16.76 615.73 CK Average 5.82 1.53 18.98 697.30 3.43 -0.32 16.59 609.64 Essex Cty 5.60 18.76 689.22 3.35 16.51 606.55 Mdsx Low 5.51 18.67 685.91 3.36 16.52 606.91 Mdsx High 6.15 19.31 709.43 3.50 16.66 612.06 Mdsx Average5.75 1.48 18.91 694.85 3.42 -0.33 16.58 609.12 Hensall 6.12 19.27 708.20 3.48 16.64 611.45 Bruce 5.60 18.76 689.22 3.40 16.56 608.38 Putnam 6.15 19.31 709.43 3.50 16.66 612.06 Burford 5.57 18.73 688.12 3.42 16.58 609.12 Port Perry 5.48 18.64 684.81 3.33 16.49 605.81 Norfolk 5.60 18.76 689.22 3.45 16.61 610.22 Palmerston 6.34 19.50 716.41 3.58 16.74 615.00 Varna 6.05 19.21 705.75 3.45 16.61 610.22 Trenton N/A 3.50 16.66 612.06 Winchester N/A 3.56 16.72 614.26 North Gower 5.69 18.85 692.53 3.55 16.71 613.90 Vankleek Hil3.89 17.05 626.39 3.24 16.40 602.50 Huron FOB 6.08 5.76 N/A N/A 19.24 706.86 3.48 16.64 611.32 Kent FOB 5.70 18.86 692.89 3.40 16.56 608.38 Lambton FOB N/A 3.67 16.83 618.30 Mdsx FOB 5.74 5.74 N/A N/A 18.90 694.36 3.64 16.80 617.20 PROCESSORS Windsor 6.75 19.91 731.48 3.84 17.00 624.55 TRANSFER Hamilton 6.05 19.21 705.75 4.10 17.26 634.10 Prescott N/A 3.78 16.94 622.35 Port Colborn N/A 4.12 17.28 634.84 Toledo El. 0.97 14.13 519.07 -0.45 12.71 466.84 Exchange rate was 1.2922 up 0.0026 Chicago wheat closed lower to sharply lower. SEP22 HI 8.07 1/4 JUL23 HI 8.29 3/4 LOW 7.54 LOW 7.91 3/4 CLOSE 7.59 Down 47 1/4 CLOSE 7.96 1/2 Down 33 1/4 Minni wheat closed moderately lower to lower. SEP22 HI 9.12 SEP23 HI 8.91 3/4 LOW 8.69 1/4 LOW 8.83 CLOSE 8.71 Down 41 1/2 CLOSE 8.91 Down 22 1/4 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 1.50 N/A N/A N/A 1.45 N/A London 2.71 2.06 1.36 N/A 2.14 1.76 1.37 N/A Hensall 2.90 N/A 1.50 N/A 2.50 N/A 1.45 N/A Trenton N/A N/A 1.50 N/A N/A N/A 1.45 N/A Bruce 2.70 2.10 1.50 1.60 2.30 1.80 1.45 N/A Essex N/A N/A 1.40 N/A N/A N/A 1.45 N/A Norwich 2.90 N/A 1.50 N/A 2.50 N/A 1.45 N/A Port Hope N/A N/A 1.50 N/A N/A N/A 1.45 N/A Kent Bridge 2.90 N/A 1.50 N/A 2.50 N/A 1.45 N/A Chatham N/A N/A 1.40 N/A N/A N/A 1.50 N/A Brigden N/A N/A 1.40 N/A N/A N/A 1.50 N/A Palmerston N/A 2.21 1.57 1.91 N/A N/A 1.22 N/A Varna 2.75 2.20 1.45 N/A 2.40 1.90 1.45 N/A Mitchell 2.90 2.10 1.50 N/A 2.50 1.80 1.45 N/A Thornton 2.71 2.06 1.36 2.01 2.14 1.76 1.37 N/A North Gower N/A 1.10 1.50 1.17 N/A 1.05 1.45 0.87 W O Feed 2.02 TERMINAL Port Colbor N/A N/A 2.01 N/A N/A N/A 1.77 N/A PROCESSORS Toledo FM N/A N/A 2.22 N/A N/A N/A N/A N/A Toledo El. 7.34US 9.49CA 7.87US 10.16CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 754.54 DDG's FOB Srn & Aylm 315.00 - 340.00