FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, May 19 Exchange rate was 1.2802 down 0.0062 Chicago soybeans closed slightly to moderately higher. JUL22 HI 16.97 NOV22 HI 15.19 LOW 16.60 3/4 LOW 14.87 CLOSE16.90 1/2 Up 27 3/4 CLOSE 15.14 1/2 Up 15 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL22+JUL22+SEP22 CK Low 4.70 21.61 793.85 3.57 18.72 687.66 CK High 4.75 21.66 795.69 3.70 18.85 692.44 CK Average 4.72 -0.01 21.63 794.64 3.67 -0.45 18.81 691.23 Essex Cty 4.70 21.61 793.85 3.65 18.80 690.60 Mdsx Low 4.70 21.61 793.85 3.59 18.74 688.39 Mdsx High 4.75 21.66 795.69 3.70 18.85 692.44 Mdsx Average4.72 -0.01 21.63 794.71 3.65 -0.47 18.79 690.48 Hensall 4.75 21.66 795.69 3.72 18.86 693.05 Bruce 4.70 21.61 793.85 3.70 18.85 692.44 Putnam 4.75 21.66 795.69 3.75 18.90 694.27 Burford 4.78 21.69 796.79 3.65 18.80 690.60 Port Perry 4.63 21.54 791.28 3.50 18.65 685.09 Norfolk 4.70 21.61 793.85 3.70 18.85 692.44 Palmerston 4.75 21.66 795.69 3.75 18.90 694.27 Varna 4.75 21.66 795.69 3.70 18.85 692.44 Trenton 4.50 21.41 786.50 3.70 18.85 692.44 Winchester 4.43 21.34 783.93 3.77 18.92 695.01 North Gower 4.80 21.71 797.52 3.75 18.90 694.27 Vankleek Hil5.00 21.91 804.87 3.48 18.63 684.35 Huron FOB 4.73 4.84 4.90 4.98 21.64 794.95 3.67 18.82 691.33 Kent FOB 4.90 21.81 801.20 3.65 18.80 690.60 Lambton FOB 4.90 21.81 801.20 N/A Mdsx FOB 4.89 4.95 5.01 N/A 21.80 800.83 3.82 18.97 696.84 PROCESSORS Windsor 5.60 22.51 826.92 4.07 19.22 706.03 TRANSFER Hamilton 5.35 22.26 817.73 4.30 19.45 714.48 Prescott N/A 4.10 19.25 707.13 Port Colborn N/A 3.94 19.09 701.25 Toledo El. 0.06 16.97 623.50 -0.45 14.70 540.02 Exchange rate was 1.2802 down 0.0062 Chicago wheat closed moderately lower to lower. JUL22 HI 12.47 3/4 SEP22 HI 12.49 1/4 LOW 11.93 1/2 LOW 11.97 1/4 CLOSE 12.00 1/2 Down 30 1/4 CLOSE 12.06 Down 27 Minni wheat closed moderately lower. JUL22 HI 13.83 SEP22 HI 13.80 LOW 13.23 3/4 LOW 13.22 1/2 CLOSE 13.30 1/2 Down 22 1/4 CLOSE 13.29 Down 22 1/4 Direct MarkHarvest 2021 Harvest 2022 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 N/A N/A N/A N/A 2.45 N/A London 2.52 2.59 2.01 N/A 3.11 2.41 2.28 N/A Hensall 2.45 N/A 2.35 N/A 3.45 N/A 2.45 N/A Trenton N/A N/A N/A N/A N/A N/A 2.35 N/A Bruce N/A N/A 2.25 N/A 3.35 2.75 2.40 1.60 Essex N/A N/A 2.25 N/A N/A N/A 2.40 N/A Norwich 2.45 N/A 2.35 N/A 3.45 N/A 2.45 N/A Port Hope N/A N/A N/A N/A N/A N/A 2.45 N/A Kent Bridge 2.45 N/A 2.35 N/A 3.45 N/A 2.45 N/A Chatham N/A N/A 2.25 N/A N/A N/A 2.40 N/A Brigden N/A N/A 2.25 N/A N/A N/A 2.40 N/A Palmerston N/A 2.59 2.14 2.95 N/A 2.99 2.29 N/A Varna 2.55 3.05 2.30 N/A 3.35 2.80 2.45 N/A Mitchell 2.45 2.90 2.35 N/A 3.45 2.75 2.45 N/A Thornton 2.52 2.59 2.01 1.86 3.11 2.41 2.28 N/A North Gower N/A N/A N/A N/A N/A N/A 2.25 N/A W O Feed 2.93 TERMINAL Port Colbor N/A N/A 2.47 N/A N/A N/A 2.67 N/A PROCESSORS Toledo FM N/A N/A 3.43 N/A N/A N/A 3.38 N/A Toledo El. 11.86US 15.18CA 11.85US 15.17CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 661.73 DDG's FOB Srn & Aylm 405.00 - 410.00