FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, July 7 Exchange rate was 1.3243 down 0.0080 Chicago soybeans closed slightly to moderately lower. NOV23 HI 13.43 1/4 NOV23 HI 13.43 1/4 LOW 13.15 1/2 LOW 13.15 1/2 CLOSE13.17 3/4 Down 21 3/4 CLOSE 13.17 3/4 Down 21 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV23+NOV23+NOV23 CK Low 5.10 18.28 671.58 3.10 16.28 598.10 CK High 5.40 18.58 682.61 3.35 16.53 607.28 CK Average 5.29 0.77 18.47 678.72 3.23 -0.79 16.40 602.77 Essex Cty 5.30 18.48 678.93 3.35 16.53 607.28 Mdsx Low 5.24 18.42 676.73 3.17 16.35 600.67 Mdsx High 5.40 18.58 682.61 3.25 16.43 603.61 Mdsx Average5.31 0.78 18.49 679.30 3.21 -0.81 16.38 601.95 Hensall 5.33 18.51 680.16 3.23 16.41 602.99 Bruce 5.30 18.48 678.93 3.20 16.38 601.77 Putnam 5.40 18.58 682.61 3.20 16.38 601.77 Guelph 5.17 18.35 674.16 3.23 16.41 602.87 Burford 5.34 18.52 680.40 3.27 16.45 604.34 Port Perry 5.18 18.36 674.52 3.11 16.29 598.46 Norfolk 5.30 18.48 678.93 3.30 16.48 605.44 Palmerston 5.30 18.48 678.93 3.25 16.43 603.61 Varna 5.30 18.48 678.93 3.25 16.43 603.61 Trenton N/A 3.15 16.33 599.93 Winchester N/A 3.15 16.33 599.93 North Gower 5.50 18.68 686.28 2.90 16.08 590.75 Vankleek Hil5.23 18.41 676.36 3.30 16.48 605.44 Huron FOB 5.02 5.22 N/A 3.25 18.20 668.64 3.25 16.43 603.61 Kent FOB 5.35 18.53 680.77 3.25 16.43 603.61 Lambton FOB 5.44 18.62 684.08 N/A Mdsx FOB 5.39 N/A N/A N/A 18.57 682.24 3.37 16.55 608.02 PROCESSORS Windsor 5.55 18.73 688.12 3.71 16.89 620.51 TRANSFER Hamilton 5.70 18.88 693.63 3.85 17.03 625.65 Prescott N/A 3.63 16.81 617.57 Port Colborn N/A 3.88 17.06 626.76 Toledo El. 1.39 14.57 535.28 -0.60 12.58 462.29 Exchange rate was 1.3243 down 0.0080 Chicago wheat closed slightly to moderately lower. SEP23 HI 6.62 JUL24 HI 7.03 1/2 LOW 6.43 3/4 LOW 6.90 1/2 CLOSE 6.49 1/2 Down 8 1/2 CLOSE 6.93 1/2 Down 11 1/4 Minni wheat closed slightly to moderately lower. SEP23 HI 8.63 1/2 SEP24 HI 7.98 1/2 LOW 8.43 LOW 7.98 1/2 CLOSE 8.47 3/4 Down 10 1/4 CLOSE 7.98 1/2 Down 7 Direct MarkHarvest 2023 Harvest 2024 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 0.75 N/A N/A N/A 0.90 N/A London 2.28 1.41 0.75 N/A 2.56 1.30 0.90 N/A Hensall 2.45 1.50 0.75 1.35 1.85 1.40 0.90 N/A Trenton N/A N/A 0.85 N/A N/A N/A N/A N/A Bruce 1.80 1.30 0.80 1.15 1.52 1.25 0.95 N/A Essex N/A N/A 0.75 N/A N/A N/A 0.90 N/A Norwich 2.45 N/A 0.75 N/A 1.95 N/A 0.90 N/A Belmore 1.75 1.25 0.75 1.15 1.90 1.30 0.90 N/A Kent Bridge 2.45 N/A 0.75 N/A 1.95 N/A 0.90 N/A Chatham N/A N/A 0.75 N/A N/A N/A 0.90 N/A Brigden N/A N/A 0.75 N/A N/A N/A 0.90 N/A Palmerston 1.75 1.25 0.75 1.15 1.90 1.30 0.90 N/A Varna 2.45 1.50 0.75 N/A 1.85 1.40 0.90 N/A Mitchell 2.45 1.50 0.75 N/A 1.95 1.40 0.90 N/A Thornton 2.28 1.41 0.75 1.48 2.29 1.30 0.90 N/A North Gower N/A 0.90 1.10 1.12 N/A 0.67 0.87 0.87 W O Feed 1.96 TERMINAL Port Colbor N/A N/A 1.41 N/A N/A N/A 1.15 N/A PROCESSORS Toledo FM N/A N/A 1.78 N/A N/A N/A N/A N/A Toledo El. 6.20US 8.20CA 6.70US 8.87CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 635.82 DDG's FOB Aylm 300.00