FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, July 14 Exchange rate was 1.3107 up 0.0130 Chicago soybeans closed slightly lower. NOV22 HI 13.65 1/2 NOV22 HI 13.65 1/2 LOW 13.17 3/4 LOW 13.17 3/4 CLOSE13.41 Down 8 1/2 CLOSE 13.41 Down 8 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV22+NOV22+NOV22 CK Low 6.10 19.51 716.87 3.70 17.11 628.68 CK High 6.76 20.17 741.12 3.92 17.33 636.77 CK Average 6.46 1.75 19.87 730.05 3.79 -0.29 17.20 631.94 Essex Cty 6.50 19.91 731.57 3.70 17.11 628.68 Mdsx Low 6.50 19.91 731.57 3.65 17.06 626.85 Mdsx High 6.78 20.19 741.86 3.94 17.35 637.50 Mdsx Average6.61 1.87 20.02 735.73 3.78 -0.29 17.19 631.62 Hensall 6.62 20.03 736.10 3.77 17.18 631.13 Bruce 6.70 20.11 738.92 3.75 17.16 630.52 Putnam 6.45 19.86 729.73 3.80 17.21 632.36 Burford 6.84 20.25 744.06 4.00 17.41 639.71 Port Perry 6.75 20.16 740.75 3.91 17.32 636.40 Norfolk 6.50 19.91 731.57 3.80 17.21 632.36 Palmerston 6.69 20.10 738.55 3.72 17.13 629.42 Varna 6.71 20.12 739.28 3.75 17.16 630.52 Trenton N/A 3.75 17.16 630.52 Winchester N/A 3.94 17.35 637.50 North Gower 5.81 19.22 706.21 3.60 17.01 625.01 Vankleek Hil5.00 18.41 676.45 3.61 17.02 625.38 Huron FOB 6.72 6.72 N/A N/A 20.13 739.65 3.97 17.38 638.61 Kent FOB 6.60 20.01 735.24 3.75 17.16 630.52 Lambton FOB 6.43 19.84 729.00 N/A Mdsx FOB 6.81 6.81 N/A N/A 20.22 742.96 4.26 17.67 649.26 PROCESSORS Windsor 7.26 20.67 759.49 4.16 17.57 645.59 TRANSFER Hamilton 6.85 20.26 744.43 4.45 17.86 656.24 Prescott N/A 4.07 17.48 642.28 Port Colborn N/A 4.50 17.91 658.08 Toledo El. 0.85 14.26 524.04 -0.46 12.95 475.88 Exchange rate was 1.3107 up 0.0130 Chicago wheat closed slightly to moderately lower. SEP22 HI 8.29 1/2 JUL23 HI 8.50 3/4 LOW 7.92 LOW 8.23 1/4 CLOSE 7.95 Down 15 3/4 CLOSE 8.25 1/2 Down 11 Minni wheat closed slightly lower. SEP22 HI 9.36 SEP23 HI 9.28 1/2 LOW 9.07 1/2 LOW 9.08 CLOSE 9.10 1/2 Down 3 1/4 CLOSE 9.08 Down 11 1/2 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 1.55 N/A N/A N/A 1.60 N/A London 3.08 2.49 1.70 N/A 2.49 2.16 1.64 N/A Hensall 2.85 N/A 1.65 N/A 2.50 N/A 1.70 N/A Trenton N/A N/A 1.65 N/A N/A N/A 1.70 N/A Bruce 2.65 2.25 1.70 1.60 2.30 2.05 1.70 N/A Essex N/A N/A 1.65 N/A N/A N/A 1.65 N/A Norwich 2.85 N/A 1.65 N/A 2.50 N/A 1.70 N/A Port Hope N/A N/A 1.55 N/A N/A N/A 1.60 N/A Kent Bridge 2.85 N/A 1.65 N/A 2.50 N/A 1.70 N/A Chatham N/A N/A 1.75 N/A N/A N/A 1.70 N/A Brigden N/A N/A 1.75 N/A N/A N/A 1.70 N/A Palmerston N/A 2.21 1.88 N/A N/A N/A 1.44 N/A Varna 2.75 2.25 1.65 N/A 2.20 1.95 1.60 N/A Mitchell 2.85 2.30 1.65 N/A 2.50 2.05 1.70 N/A Thornton 3.08 2.49 1.70 2.17 2.49 2.16 1.64 N/A North Gower N/A 1.20 1.60 1.17 N/A 1.10 1.50 0.87 W O Feed 2.18 TERMINAL Port Colbor N/A N/A 2.23 N/A N/A N/A 2.03 N/A PROCESSORS Toledo FM N/A N/A 2.47 N/A N/A N/A N/A N/A Toledo El. 7.70US 10.09CA 8.16US 10.69CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 772.62 DDG's FOB Srn & Aylm 330.00 - 340.00