FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, May 26 Exchange rate was 1.3609 down 0.0016 Chicago soybeans closed slightly higher. AUG23 HI 12.67 3/4 NOV23 HI 11.92 3/4 LOW 12.46 1/2 LOW 11.69 1/2 CLOSE12.61 Up 11 1/4 CLOSE 11.89 1/2 Up 17 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +AUG23+AUG23+AUG23 CK Low 4.90 17.51 643.38 2.99 14.89 546.93 CK High 5.16 17.77 652.94 3.05 14.95 549.13 CK Average 4.96 0.30 17.57 645.59 3.01 -0.95 14.90 547.51 Essex Cty 4.90 17.51 643.38 3.00 14.90 547.30 Mdsx Low 4.89 17.50 643.01 2.97 14.87 546.20 Mdsx High 4.95 17.56 645.22 3.00 14.90 547.30 Mdsx Average4.91 0.26 17.52 643.75 2.99 -0.96 14.89 547.02 Hensall 4.92 17.53 643.99 3.00 14.90 547.30 Bruce 4.90 17.51 643.38 3.00 14.90 547.30 Putnam 4.95 17.56 645.22 3.00 14.90 547.30 Burford 4.99 17.60 646.69 3.07 14.97 549.87 Port Perry 4.83 17.44 640.81 2.91 14.81 543.99 Norfolk 4.90 17.51 643.38 3.00 14.90 547.30 Palmerston 4.90 17.51 643.38 3.00 14.90 547.30 Varna 4.90 17.51 643.38 3.00 14.90 547.30 Trenton 4.90 17.51 643.38 2.90 14.80 543.62 Winchester N/A 3.20 15.10 554.65 North Gower 4.91 17.52 643.75 3.20 15.10 554.65 Vankleek Hil5.01 17.62 647.42 3.27 15.17 557.22 Huron FOB 4.92 5.06 5.33 5.40 17.53 644.12 N/A Kent FOB 5.10 17.71 650.73 3.00 14.90 547.30 Lambton FOB 4.93 17.54 644.48 N/A Mdsx FOB 5.17 5.31 5.45 N/A 17.78 653.30 3.24 15.14 556.12 PROCESSORS Windsor 5.68 18.29 672.04 3.76 15.66 575.22 TRANSFER Hamilton 5.45 18.06 663.59 3.65 15.55 571.18 Prescott N/A 3.70 15.60 573.02 Port Colborn N/A 3.75 15.65 574.86 Toledo El. 1.33 13.94 512.34 -0.61 11.28 414.56 Exchange rate was 1.3609 down 0.0016 Chicago wheat closed moderately higher. JUL23 HI 6.18 1/2 JUL23 HI 6.18 1/2 LOW 6.02 1/2 LOW 6.02 1/2 CLOSE 6.16 Up 11 3/4 CLOSE 6.16 Up 11 3/4 Minni wheat closed moderately higher. JUL23 HI 8.21 1/4 SEP23 HI 8.24 LOW 8.05 1/2 LOW 8.09 1/4 CLOSE 8.18 Up 12 1/2 CLOSE 8.19 1/4 Up 11 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 1.30 N/A N/A N/A 0.85 N/A London 2.15 1.68 1.27 N/A 2.36 1.47 0.93 N/A Hensall 2.60 2.00 1.30 1.60 2.50 1.55 0.85 1.35 Trenton N/A N/A N/A N/A N/A N/A 0.85 N/A Bruce 2.30 1.80 1.30 1.25 1.85 1.35 0.85 1.15 Essex N/A N/A 1.20 N/A N/A N/A 0.85 N/A Norwich N/A N/A 1.30 N/A 2.65 N/A 0.85 N/A Belmore 2.50 1.65 1.30 1.15 2.00 1.50 0.85 N/A Kent Bridge N/A N/A 1.30 N/A 2.65 N/A 0.85 N/A Chatham N/A N/A 1.20 N/A N/A N/A 0.85 N/A Brigden N/A N/A 1.20 N/A N/A N/A 0.85 N/A Palmerston 2.30 1.80 1.30 1.25 1.85 1.35 0.85 1.15 Varna 2.60 2.00 1.30 N/A 2.50 1.55 0.85 N/A Mitchell N/A N/A 1.30 N/A 2.65 1.60 0.85 N/A Thornton 2.15 1.68 1.27 1.60 2.36 1.47 0.93 N/A North Gower N/A 1.00 1.30 1.42 N/A 0.90 1.10 1.17 W O Feed 2.09 TERMINAL Port Colbor N/A N/A 1.95 N/A N/A N/A 1.47 N/A PROCESSORS Toledo FM N/A N/A N/A N/A N/A N/A 2.02 N/A Toledo El. 5.91US 8.04CA 5.91US 8.04CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 652.80 DDG's FOB Aylm 365.00