Red Deer

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, May 11 Exchange rate was 1.3477 up 0.0108 Chicago soybeans closed narrowly mixed. JUL23 HI 14.13 1/2 NOV23 HI 12.53 LOW 13.85 1/4 LOW 12.34 1/2 CLOSE14.05 1/2 Up 1 1/2 CLOSE 12.48 Down 2 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL23+JUL23+JUL23 CK Low 4.35 18.41 676.27 3.10 15.58 572.47 CK High 4.41 18.47 678.47 3.22 15.70 576.88 CK Average 4.39 -0.37 18.44 677.63 3.12 -0.90 15.60 573.36 Essex Cty 4.40 18.46 678.11 3.10 15.58 572.47 Mdsx Low 4.35 18.41 676.27 3.10 15.58 572.47 Mdsx High 4.40 18.46 678.11 3.20 15.68 576.14 Mdsx Average4.37 -0.38 18.43 677.09 3.15 -0.88 15.63 574.30 Hensall 4.42 18.47 678.72 3.13 15.61 573.69 Bruce 4.35 18.41 676.27 3.10 15.58 572.47 Putnam 4.35 18.41 676.27 3.10 15.58 572.47 Burford 4.46 18.52 680.31 3.27 15.75 578.71 Port Perry 4.30 18.36 674.43 3.11 15.59 572.83 Norfolk 4.40 18.46 678.11 3.10 15.58 572.47 Palmerston 4.35 18.41 676.27 3.10 15.58 572.47 Varna 4.45 18.51 679.94 3.15 15.63 574.30 Trenton 4.35 18.41 676.27 3.10 15.58 572.47 Winchester 4.55 18.61 683.62 3.30 15.78 579.82 North Gower 4.50 18.56 681.78 3.40 15.88 583.49 Vankleek Hil4.19 18.25 670.39 3.30 15.78 579.82 Huron FOB 4.50 4.60 4.87 N/A 18.56 681.78 N/A Kent FOB 4.70 18.76 689.13 3.10 15.58 572.47 Lambton FOB 4.47 18.53 680.68 N/A Mdsx FOB 4.65 4.85 5.05 N/A 18.71 687.29 3.36 15.84 582.02 PROCESSORS Windsor 5.54 19.60 719.99 4.21 16.69 613.25 TRANSFER Hamilton 5.10 19.16 703.83 3.80 16.28 598.19 Prescott N/A 3.98 16.46 604.80 Port Colborn N/A 3.88 16.36 601.13 Toledo El. 0.30 14.35 527.33 -0.61 11.87 436.28 Exchange rate was 1.3477 up 0.0108 Chicago wheat closed moderately lower. JUL23 HI 6.40 3/4 JUL23 HI 6.40 3/4 LOW 6.25 1/2 LOW 6.25 1/2 CLOSE 6.27 1/4 Down 14 CLOSE 6.27 1/4 Down 14 Minni wheat closed moderately lower. JUL23 HI 8.49 SEP23 HI 8.51 1/4 LOW 8.34 1/2 LOW 8.37 3/4 CLOSE 8.36 3/4 Down 12 3/4 CLOSE 8.40 Down 12 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 0.85 N/A London 2.13 1.66 1.19 N/A 2.33 1.46 0.92 N/A Hensall 2.50 1.90 1.20 1.50 2.55 1.60 0.90 1.40 Trenton N/A N/A N/A N/A N/A N/A 0.85 N/A Bruce 2.20 1.70 1.20 1.25 1.85 1.35 0.85 1.15 Essex N/A N/A 1.25 N/A N/A N/A 0.90 N/A Norwich N/A N/A 1.20 N/A 2.65 N/A 0.85 N/A Belmore 2.50 1.65 1.20 1.15 2.00 1.50 0.90 N/A Kent Bridge N/A N/A 1.20 N/A 2.65 N/A 0.85 N/A Chatham N/A N/A 1.25 N/A N/A N/A 0.90 N/A Brigden N/A N/A 1.25 N/A N/A N/A 0.90 N/A Palmerston 2.20 1.70 1.20 1.25 1.85 1.35 0.85 1.15 Varna 2.50 1.90 1.20 N/A 2.55 1.60 0.90 N/A Mitchell N/A N/A 1.20 N/A 2.65 1.60 0.85 N/A Thornton 2.13 1.66 1.19 1.57 2.33 1.46 0.92 N/A North Gower N/A 0.90 1.20 1.32 N/A 0.70 1.00 1.12 W O Feed 2.01 TERMINAL Port Colbor N/A N/A 1.93 N/A N/A N/A 1.46 N/A PROCESSORS Toledo FM N/A N/A 1.84 N/A N/A N/A 1.98 N/A Toledo El. 6.02US 8.12CA 6.02US 8.12CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 690.50 DDG's FOB Aylm 390.00