FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, July 7 Exchange rate was 1.2985 down 0.0055 Chicago soybeans closed moderately higher to higher. AUG22 HI 14.96 3/4 NOV22 HI 13.72 3/4 LOW 14.48 3/4 LOW 13.25 1/4 CLOSE14.85 1/4 Up 38 3/4 CLOSE 13.65 1/2 Up 42 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +AUG22+NOV22+NOV22 CK Low 5.00 19.85 729.45 3.55 17.21 632.18 CK High 5.40 20.25 744.15 3.70 17.36 637.69 CK Average 5.28 0.65 20.14 739.90 3.61 -0.36 17.26 634.28 Essex Cty 5.25 20.10 738.64 3.55 17.21 632.18 Mdsx Low 5.25 20.10 738.64 3.60 17.26 634.01 Mdsx High 5.36 20.21 742.68 3.65 17.31 635.85 Mdsx Average5.32 0.68 20.17 741.21 3.62 -0.35 17.28 634.87 Hensall 5.37 20.22 742.93 3.65 17.31 635.85 Bruce 5.30 20.15 740.48 3.60 17.26 634.01 Putnam 5.40 20.25 744.15 3.65 17.31 635.85 Burford 5.42 20.27 744.89 3.68 17.34 636.95 Port Perry 5.33 20.18 741.58 3.59 17.25 633.65 Norfolk 5.25 20.10 738.64 3.65 17.31 635.85 Palmerston 5.20 20.05 736.80 3.67 17.33 636.58 Varna 5.35 20.20 742.31 3.65 17.31 635.85 Trenton N/A 3.65 17.31 635.85 Winchester N/A 3.67 17.33 636.58 North Gower 4.50 19.35 711.08 3.60 17.26 634.01 Vankleek Hil2.97 17.82 654.86 3.41 17.07 627.03 Huron FOB 5.52 5.52 N/A N/A 20.37 748.56 3.79 17.45 640.99 Kent FOB 5.35 20.20 742.31 3.60 17.26 634.01 Lambton FOB 5.32 20.17 741.21 N/A Mdsx FOB 5.59 5.59 N/A N/A 20.44 751.13 3.92 17.58 645.77 PROCESSORS Windsor 5.92 20.77 763.26 3.99 17.65 648.34 TRANSFER Hamilton 5.75 20.60 757.01 4.30 17.96 659.73 Prescott N/A 3.88 17.54 644.30 Port Colborn N/A 4.36 18.02 661.94 Toledo El. 1.10 15.96 586.29 -0.45 13.20 485.04 Exchange rate was 1.2985 down 0.0055 Chicago wheat closed higher. SEP22 HI 8.46 JUL23 HI 8.65 LOW 8.07 3/4 LOW 8.30 1/4 CLOSE 8.36 1/2 Up 32 CLOSE 8.57 Up 26 1/4 Minni wheat closed higher to sharply higher. SEP22 HI 9.41 3/4 SEP23 HI 9.38 3/4 LOW 8.89 1/2 LOW 9.14 CLOSE 9.34 1/2 Up 48 1/4 CLOSE 9.38 3/4 Up 40 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 1.65 N/A N/A N/A 1.70 N/A London 2.97 2.39 1.67 N/A 2.38 2.06 1.54 N/A Hensall 3.00 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 1.65 N/A Bruce 2.75 2.25 1.65 1.60 2.30 2.05 1.70 N/A Essex N/A N/A 1.55 N/A N/A N/A 1.65 N/A Norwich 3.00 N/A 1.65 N/A 2.50 N/A 1.70 N/A Port Hope N/A N/A 1.65 N/A N/A N/A 1.70 N/A Kent Bridge 3.00 N/A 1.65 N/A 2.50 N/A 1.70 N/A Chatham N/A N/A 1.55 N/A N/A N/A 1.70 N/A Brigden N/A N/A 1.65 N/A N/A N/A 1.70 N/A Palmerston N/A 2.24 1.91 N/A N/A N/A 1.44 N/A Varna 2.75 2.25 1.65 N/A 2.30 2.05 1.70 N/A Mitchell 3.00 2.35 1.65 N/A 2.50 2.10 1.70 N/A Thornton 2.97 2.39 1.67 2.23 2.38 2.06 1.54 N/A North Gower N/A 1.25 1.65 1.07 N/A 1.15 1.55 0.82 W O Feed 2.22 TERMINAL Port Colbor N/A N/A 2.13 N/A N/A N/A 1.93 N/A PROCESSORS Toledo FM N/A N/A 2.50 N/A N/A N/A N/A N/A Toledo El. 8.10US 10.51CA 8.47US 11.00CA (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 340.00