Red Deer

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, March 9 Exchange rate was 1.3811 up 0.0012 Chicago soybeans closed slightly lower. MAY23 HI 15.28 3/4 NOV23 HI 13.77 3/4 LOW 15.05 1/2 LOW 13.55 3/4 CLOSE15.10 3/4 Down 7 CLOSE 13.60 Down 11 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAY23+MAY23+JUL23 CK Low 5.20 20.31 746.17 4.40 18.00 661.39 CK High 5.25 20.36 748.01 4.50 18.10 665.06 CK Average 5.23 -0.38 20.33 747.17 4.45 -0.53 18.05 663.38 Essex Cty 5.25 20.36 748.01 4.50 18.10 665.06 Mdsx Low 5.20 20.31 746.17 4.40 18.00 661.39 Mdsx High 5.28 20.39 749.11 4.52 18.12 665.80 Mdsx Average5.23 -0.38 20.34 747.37 4.47 -0.52 18.07 663.87 Hensall 5.23 20.34 747.40 4.47 18.07 663.84 Bruce 5.25 20.36 748.01 4.50 18.10 665.06 Putnam 5.20 20.31 746.17 4.40 18.00 661.39 Burford 5.35 20.46 751.68 4.59 18.19 668.37 Port Perry 5.19 20.30 745.81 4.43 18.03 662.49 Norfolk 5.25 20.36 748.01 4.50 18.10 665.06 Palmerston N/A N/A Varna 5.25 20.36 748.01 4.50 18.10 665.06 Trenton 5.20 20.31 746.17 4.35 17.95 659.55 Winchester 5.35 20.46 751.68 4.35 17.95 659.55 North Gower 4.90 20.01 735.15 4.10 17.70 650.36 Vankleek Hil5.49 20.60 756.83 4.18 17.78 653.30 Huron FOB 5.25 5.32 5.52 N/A 20.36 748.01 N/A Kent FOB 5.50 20.61 757.20 4.50 18.10 665.06 Lambton FOB 5.44 20.55 754.99 N/A Mdsx FOB 5.56 N/A N/A N/A 20.67 759.40 4.71 18.31 672.78 PROCESSORS Windsor 5.63 20.74 761.97 4.80 18.40 676.08 TRANSFER Hamilton 5.75 20.86 766.38 5.15 18.75 688.94 Prescott N/A 4.86 18.46 678.29 Port Colborn5.63 20.74 761.97 5.20 18.80 690.78 Toledo El. -0.28 14.83 544.96 -0.62 12.98 476.88 Exchange rate was 1.3811 up 0.0012 Chicago wheat closed moderately lower to lower. MAY23 HI 6.91 1/2 JUL23 HI 7.01 1/2 LOW 6.64 1/4 LOW 6.75 3/4 CLOSE 6.65 3/4 Down 21 3/4 CLOSE 6.77 Down 20 Minni wheat closed moderately lower. MAY23 HI 8.49 SEP23 HI 8.38 1/2 LOW 8.15 1/2 LOW 8.09 CLOSE 8.17 1/2 Down 21 CLOSE 8.11 1/4 Down 20 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 1.45 N/A N/A N/A 1.30 N/A London 2.53 2.05 1.36 N/A 2.78 1.89 1.33 N/A Hensall 4.20 N/A 1.45 N/A 2.90 N/A 1.30 N/A Trenton N/A N/A N/A N/A N/A N/A 1.40 N/A Bruce 2.50 2.00 1.50 1.15 2.30 1.80 1.30 1.15 Essex N/A N/A 1.40 N/A N/A N/A 1.30 N/A Norwich 4.20 N/A 1.45 N/A 2.90 N/A 1.30 N/A Belmore 2.50 1.75 1.50 1.15 2.00 1.90 1.30 N/A Kent Bridge 4.20 N/A 1.45 N/A 2.90 N/A 1.30 N/A Chatham N/A N/A 1.40 N/A N/A N/A 1.30 N/A Brigden N/A N/A 1.40 N/A N/A N/A 1.30 N/A Palmerston N/A 1.78 1.23 N/A N/A N/A N/A N/A Varna 4.15 2.20 1.50 N/A 2.85 1.95 1.30 N/A Mitchell 4.20 N/A 1.45 N/A 2.90 1.95 1.30 N/A Thornton 2.53 2.05 1.36 2.03 2.78 1.89 1.33 N/A North Gower N/A 1.40 1.70 1.92 N/A 1.10 1.40 1.52 W O Feed 2.18 TERMINAL Port Colbor N/A N/A 2.25 N/A N/A N/A 1.95 N/A PROCESSORS Toledo FM N/A N/A N/A N/A N/A N/A 2.30 N/A Toledo El. 6.31US 8.71CA 6.52US 9.00CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 813.41 DDG's FOB Aylm 360.00