FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, September 23 Exchange rate was 1.3595 up 0.0104 Chicago soybeans closed moderately lower. NOV22 HI 14.56 NOV23 HI 13.81 3/4 LOW 14.20 1/2 LOW 13.56 CLOSE14.25 3/4 Down 31 1/4 CLOSE 13.61 1/2 Down 23 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV22+NOV22+JAN23 CK Low 4.75 19.01 698.41 4.05 17.67 649.08 CK High 4.80 19.06 700.24 4.15 17.77 652.75 CK Average 4.77 -0.26 19.03 699.25 4.12 -0.57 17.73 651.60 Essex Cty 4.75 19.01 698.41 4.05 17.67 649.08 Mdsx Low 4.70 18.96 696.57 4.10 17.72 650.91 Mdsx High 4.81 19.07 700.61 4.15 17.77 652.75 Mdsx Average4.77 -0.27 19.02 698.96 4.12 -0.57 17.74 651.65 Hensall 4.75 19.01 698.41 4.15 17.77 652.75 Bruce 4.75 19.01 698.41 4.15 17.77 652.75 Putnam 4.75 19.01 698.41 4.15 17.77 652.75 Burford 4.87 19.13 702.82 4.19 17.81 654.22 Port Perry 4.68 18.94 695.83 4.00 17.62 647.24 Norfolk 4.80 19.06 700.24 4.10 17.72 650.91 Palmerston 4.72 18.98 697.30 N/A Varna 4.75 19.01 698.41 4.15 17.77 652.75 Trenton 4.65 18.91 694.73 4.10 17.72 650.91 Winchester 4.70 18.96 696.57 4.06 17.68 649.45 North Gower 4.50 18.76 689.22 3.85 17.47 641.73 Vankleek Hil4.38 18.64 684.81 3.90 17.52 643.57 Huron FOB N/A 4.78 4.86 4.64 N/A Kent FOB 4.80 19.06 700.24 4.10 17.72 650.91 Lambton FOB 4.90 19.16 703.92 N/A Mdsx FOB 5.09 5.00 5.00 N/A 19.35 710.90 N/A PROCESSORS Windsor 5.20 19.46 714.94 4.34 17.96 659.73 TRANSFER Hamilton 5.45 19.71 724.13 4.60 18.22 669.29 Prescott 5.12 19.38 712.00 4.09 17.71 650.55 Port Colborn5.53 19.79 727.07 4.60 18.22 669.29 Toledo El. -0.41 13.85 508.89 -0.61 13.00 477.79 Exchange rate was 1.3595 up 0.0104 Chicago wheat closed lower. DEC22 HI 9.13 JUL23 HI 9.13 1/2 LOW 8.76 LOW 8.83 1/4 CLOSE 8.80 1/2 Down 30 1/4 CLOSE 8.88 1/4 Down 25 1/4 Minni wheat closed moderately lower to lower. DEC22 HI 9.76 3/4 SEP23 HI 9.47 LOW 9.46 LOW 9.20 1/4 CLOSE 9.49 1/4 Down 28 1/2 CLOSE 9.23 1/4 Down 22 3/4 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 1.25 N/A N/A N/A 1.55 N/A London 3.65 2.30 1.37 N/A 3.26 2.45 1.64 N/A Hensall 4.40 N/A 1.40 N/A 2.85 N/A 1.70 N/A Trenton N/A N/A 0.95 N/A N/A N/A 1.45 N/A Bruce 2.40 2.15 1.40 1.15 2.70 2.25 1.70 1.00 Essex N/A N/A 1.50 N/A N/A N/A 1.80 N/A Norwich 4.40 N/A 1.40 N/A 2.85 N/A 1.70 N/A Port Hope N/A N/A 1.25 N/A N/A N/A 1.70 N/A Kent Bridge 4.40 N/A 1.40 N/A 2.85 N/A 1.70 N/A Chatham N/A N/A 1.50 N/A N/A N/A 1.80 N/A Brigden N/A N/A 1.50 N/A N/A N/A 1.80 N/A Palmerston N/A 2.26 1.45 2.26 N/A N/A N/A N/A Varna 3.75 2.25 1.40 N/A 2.80 2.25 1.70 N/A Mitchell 4.40 2.25 1.40 N/A 2.85 2.25 1.70 N/A Thornton 3.65 2.30 1.37 2.36 3.26 2.45 1.64 N/A North Gower N/A 0.90 1.30 1.27 N/A 1.20 1.60 1.22 W O Feed 2.35 TERMINAL Port Colbor N/A N/A 1.89 N/A N/A N/A 2.11 N/A PROCESSORS Toledo FM N/A N/A 2.89 N/A N/A N/A 3.06 N/A Toledo El. 8.46US 11.49CA 8.78US 11.94CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 762.70 DDG's FOB Srn & Aylm 280.00