FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, July 18 Exchange rate was 1.296 down 0.0057 Chicago soybeans closed higher. NOV22 HI 13.93 NOV22 HI 13.93 LOW 13.40 3/4 LOW 13.40 3/4 CLOSE13.80 1/4 Up 38 CLOSE 13.80 1/4 Up 38 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV22+NOV22+NOV22 CK Low 5.95 19.75 725.78 3.63 17.43 640.53 CK High 6.45 20.25 744.15 3.80 17.60 646.78 CK Average 6.35 1.75 20.15 740.43 3.70 -0.29 17.51 643.26 Essex Cty 6.45 20.25 744.15 3.65 17.45 641.27 Mdsx Low 6.31 20.11 739.01 3.65 17.45 641.27 Mdsx High 6.45 20.25 744.15 3.75 17.55 644.94 Mdsx Average6.40 1.79 20.21 742.44 3.70 -0.30 17.50 643.11 Hensall 6.38 20.19 741.70 3.68 17.49 642.49 Bruce 6.40 20.20 742.31 3.65 17.45 641.27 Putnam 6.45 20.25 744.15 3.75 17.55 644.94 Burford 6.37 20.17 741.21 3.71 17.51 643.47 Port Perry 6.28 20.08 737.91 3.62 17.42 640.17 Norfolk 6.45 20.25 744.15 3.75 17.55 644.94 Palmerston 6.38 20.18 741.58 3.70 17.50 643.11 Varna 6.35 20.15 740.48 3.65 17.45 641.27 Trenton N/A 3.70 17.50 643.11 Winchester N/A 3.79 17.59 646.41 North Gower 5.67 19.47 715.49 3.60 17.40 639.43 Vankleek Hil4.23 18.03 662.58 3.47 17.27 634.66 Huron FOB 6.19 6.48 N/A N/A 19.99 734.60 3.83 17.63 647.88 Kent FOB 6.55 20.35 747.83 3.70 17.50 643.11 Lambton FOB 6.24 20.04 736.44 N/A Mdsx FOB 6.47 6.47 N/A N/A 20.27 744.89 3.97 17.77 653.03 PROCESSORS Windsor 7.06 20.86 766.57 4.01 17.81 654.50 TRANSFER Hamilton 6.90 20.70 760.69 4.40 18.20 668.83 Prescott N/A 3.93 17.73 651.56 Port Colborn N/A 4.34 18.14 666.62 Toledo El. 2.36 16.16 593.82 -0.45 13.35 490.49 Exchange rate was 1.296 down 0.0057 Chicago wheat closed higher. SEP22 HI 8.25 JUL23 HI 8.53 LOW 7.78 1/2 LOW 8.11 1/4 CLOSE 8.12 3/4 Up 36 CLOSE 8.43 1/4 Up 33 1/4 Minni wheat closed higher. SEP22 HI 9.48 3/4 SEP23 HI 9.44 1/4 LOW 8.97 3/4 LOW 9.13 1/4 CLOSE 9.39 Up 32 1/4 CLOSE 9.44 1/4 Up 31 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 1.60 N/A London 2.81 2.23 1.58 N/A 2.25 1.92 1.47 N/A Hensall 2.80 N/A 1.50 N/A 2.40 N/A 1.60 N/A Trenton N/A N/A 1.50 N/A N/A N/A 1.50 N/A Bruce 2.60 2.25 1.50 1.60 2.30 1.95 1.60 N/A Essex N/A N/A 1.50 N/A N/A N/A 1.55 N/A Norwich 2.80 N/A 1.50 N/A 2.40 N/A 1.60 N/A Port Hope N/A N/A 1.50 N/A N/A N/A 1.60 N/A Kent Bridge 2.80 N/A 1.50 N/A 2.40 N/A 1.60 N/A Chatham N/A N/A 1.60 N/A N/A N/A 1.60 N/A Brigden N/A N/A 1.60 N/A N/A N/A 1.60 N/A Palmerston N/A 2.16 1.84 N/A N/A N/A 1.40 N/A Varna 2.60 2.10 1.50 N/A 2.05 1.80 1.45 N/A Mitchell 2.80 2.25 1.50 N/A 2.40 1.95 1.60 N/A Thornton 2.81 2.23 1.58 1.94 2.25 1.92 1.47 N/A North Gower N/A 1.20 1.60 1.17 N/A 1.10 1.50 0.87 W O Feed 2.13 TERMINAL Port Colbor N/A N/A 2.04 N/A N/A N/A 1.87 N/A PROCESSORS Toledo FM N/A N/A 2.41 N/A N/A N/A N/A N/A Toledo El. 7.88US 10.21CA 8.33US 10.80CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 767.77 DDG's FOB Srn & Aylm 315.00 - 340.00