FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, July 25 Exchange rate was 1.2843 down 0.0079 Chicago soybeans closed moderately higher to higher. NOV22 HI 13.49 1/4 NOV22 HI 13.49 1/4 LOW 13.14 1/2 LOW 13.14 1/2 CLOSE13.46 Up 30 1/4 CLOSE 13.46 Up 30 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 5.30 18.76 689.31 3.35 16.81 617.66 CK High 6.05 19.51 716.87 3.50 16.96 623.17 CK Average 5.70 1.46 19.16 704.17 3.41 -0.33 16.87 619.76 Essex Cty 5.60 19.06 700.34 3.35 16.81 617.66 Mdsx Low 5.60 19.06 700.34 3.40 16.86 619.50 Mdsx High 5.95 19.41 713.20 3.42 16.88 620.23 Mdsx Average5.72 1.47 19.18 704.62 3.41 -0.33 16.87 619.74 Hensall 5.98 19.44 714.42 3.42 16.88 620.11 Bruce 5.60 19.06 700.34 3.40 16.86 619.50 Putnam 6.05 19.51 716.87 3.45 16.91 621.34 Burford 5.66 19.12 702.54 3.48 16.94 622.44 Port Perry 5.57 19.03 699.23 3.39 16.85 619.13 Norfolk 5.60 19.06 700.34 3.45 16.91 621.34 Palmerston 5.77 19.23 706.58 3.44 16.90 620.97 Varna 5.95 19.41 713.20 3.40 16.86 619.50 Trenton N/A 3.45 16.91 621.34 Winchester N/A 3.60 17.06 626.85 North Gower 5.77 19.23 706.58 3.55 17.01 625.01 Vankleek Hil3.86 17.32 636.40 3.21 16.67 612.52 Huron FOB 5.88 5.88 N/A N/A 19.34 710.62 3.54 17.00 624.64 Kent FOB 5.70 19.16 704.01 3.40 16.86 619.50 Lambton FOB 6.20 19.66 722.38 3.72 17.18 631.26 Mdsx FOB 5.83 5.83 N/A N/A 19.29 708.79 3.73 17.19 631.62 PROCESSORS Windsor 6.79 20.25 744.06 3.88 17.34 637.14 TRANSFER Hamilton 6.05 19.51 716.87 4.10 17.56 645.22 Prescott N/A 3.78 17.24 633.46 Port Colborn N/A 4.21 17.67 649.26 Toledo El. 0.96 14.42 529.96 -0.45 13.01 478.05 Exchange rate was 1.2843 down 0.0079 Chicago wheat closed slightly higher. SEP22 HI 7.93 1/2 JUL23 HI 8.27 LOW 7.60 1/2 LOW 7.96 1/4 CLOSE 7.70 Up 11 CLOSE 8.04 3/4 Up 8 1/4 Minni wheat closed slightly to moderately higher. SEP22 HI 8.99 1/2 SEP23 HI 9.00 LOW 8.74 LOW 8.87 CLOSE 8.84 Up 13 CLOSE 8.93 3/4 Up 2 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 1.50 N/A N/A N/A 1.45 N/A London 2.69 2.04 1.34 N/A 2.14 1.76 1.37 N/A Hensall 2.80 N/A 1.40 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 2.60 2.10 1.40 1.60 2.30 1.80 1.45 N/A Essex N/A N/A 1.35 N/A N/A N/A 1.45 N/A Norwich 2.80 N/A 1.40 N/A 2.50 N/A 1.45 N/A Port Hope N/A N/A 1.40 N/A N/A N/A 1.45 N/A Kent Bridge 2.80 N/A 1.40 N/A 2.50 N/A 1.45 N/A Chatham N/A N/A 1.35 N/A N/A N/A 1.50 N/A Brigden N/A N/A 1.35 N/A N/A N/A 1.50 N/A Palmerston N/A 2.19 1.54 2.13 N/A N/A 1.18 N/A Varna 2.70 2.15 1.40 N/A 2.35 1.85 1.40 N/A Mitchell 2.80 2.10 1.40 N/A 2.50 1.80 1.45 N/A Thornton 2.69 2.04 1.34 1.98 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 2.01 TERMINAL Port Colbor N/A N/A 1.99 N/A N/A N/A 1.76 N/A PROCESSORS Toledo FM N/A N/A 2.19 N/A N/A N/A N/A N/A Toledo El. 7.45US 9.57CA 7.95US 10.21CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 742.42 DDG's FOB Srn & Aylm 310.00 - 315.00