FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, January 12 Exchange rate was 1.3345 down 0.0067 Chicago soybeans closed slightly to moderately higher. MAR23 HI 15.27 NOV23 HI 14.05 LOW 14.93 1/4 LOW 13.82 3/4 CLOSE15.18 1/2 Up 25 1/2 CLOSE 13.96 1/4 Up 9 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR23+MAR23+MAY23 CK Low 4.59 19.78 726.61 3.94 17.90 657.80 CK High 4.65 19.84 728.81 4.10 18.06 663.68 CK Average 4.61 -0.35 19.80 727.45 4.00 -0.50 17.96 659.96 Essex Cty 4.65 19.84 728.81 3.95 17.91 658.17 Mdsx Low 4.55 19.74 725.14 3.98 17.94 659.27 Mdsx High 4.63 19.82 728.08 4.00 17.96 660.01 Mdsx Average4.60 -0.36 19.78 726.79 4.00 -0.51 17.96 659.83 Hensall 4.63 19.82 728.20 3.97 17.93 658.78 Bruce 4.60 19.79 726.97 4.00 17.96 660.01 Putnam 4.60 19.79 726.97 4.00 17.96 660.01 Burford 4.70 19.89 730.65 4.05 18.01 661.85 Port Perry 4.54 19.73 724.77 3.89 17.85 655.97 Norfolk 4.60 19.79 726.97 4.00 17.96 660.01 Palmerston 4.57 19.76 725.87 N/A Varna 4.55 19.74 725.14 4.00 17.96 660.01 Trenton 4.60 19.79 726.97 4.00 17.96 660.01 Winchester 4.79 19.98 733.96 4.00 17.96 660.01 North Gower 4.62 19.81 727.71 4.35 18.31 672.87 Vankleek Hil5.14 20.33 746.82 4.11 18.07 664.05 Huron FOB 4.68 4.73 4.81 N/A 19.87 729.91 N/A Kent FOB 4.90 20.09 738.00 4.00 17.96 660.01 Lambton FOB 4.90 20.09 738.00 N/A Mdsx FOB 4.85 4.98 N/A N/A 20.04 736.16 4.00 17.96 660.01 PROCESSORS Windsor 5.50 20.69 760.04 4.52 18.48 679.12 TRANSFER Hamilton 5.35 20.54 754.53 4.45 18.41 676.54 Prescott N/A 4.38 18.34 673.97 Port Colborn N/A 4.49 18.45 678.01 Toledo El. -0.27 14.92 548.15 -0.60 13.36 490.97 Exchange rate was 1.3345 down 0.0067 Chicago wheat closed slightly higher. MAR23 HI 7.47 1/4 JUL23 HI 7.58 3/4 LOW 7.23 LOW 7.36 3/4 CLOSE 7.42 3/4 Up 2 3/4 CLOSE 7.54 1/4 Up 2 Minni wheat closed slightly to moderately higher. MAR23 HI 9.18 1/2 SEP23 HI 8.85 1/4 LOW 8.96 1/2 LOW 8.70 CLOSE 9.12 1/4 Up 13 CLOSE 8.81 Up 4 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 1.20 N/A N/A N/A 1.30 N/A London 2.43 2.15 1.21 N/A 2.62 1.79 1.19 N/A Hensall 4.10 N/A 1.20 N/A 2.85 N/A 1.30 N/A Trenton N/A N/A N/A N/A N/A N/A 1.30 N/A Bruce 2.20 1.70 1.20 1.15 2.30 1.80 1.30 1.15 Essex N/A N/A 1.20 N/A N/A N/A 1.20 N/A Norwich 4.10 N/A 1.20 N/A 2.85 N/A 1.30 N/A Port Hope N/A N/A 1.20 N/A N/A N/A 1.30 N/A Kent Bridge 4.10 N/A 1.20 N/A 2.85 N/A 1.30 N/A Chatham N/A N/A 1.20 N/A N/A N/A 1.20 N/A Brigden N/A N/A 1.20 N/A N/A N/A 1.20 N/A Palmerston N/A 2.09 1.22 2.26 N/A N/A N/A N/A Varna 4.05 2.10 1.25 N/A 2.60 1.85 1.30 N/A Mitchell 4.10 N/A 1.20 N/A 2.85 1.90 1.30 N/A Thornton 2.42 2.15 1.21 1.90 2.59 1.79 1.19 N/A North Gower N/A 1.00 1.40 1.47 N/A 1.25 1.65 1.37 W O Feed 2.09 TERMINAL Port Colbor N/A N/A 1.88 N/A N/A N/A 1.79 N/A PROCESSORS Toledo FM N/A N/A 2.48 N/A N/A N/A 2.39 N/A Toledo El. 7.18US 9.58CA 7.29US 9.73CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 745.51 DDG's FOB Aylm 370.00