FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, August 16 Exchange rate was 1.2847 down 0.0057 Chicago soybeans closed slightly to moderately lower. NOV22 HI 14.13 3/4 NOV22 HI 14.13 3/4 LOW 13.76 LOW 13.76 CLOSE13.81 Down 31 1/4 CLOSE 13.81 Down 31 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV22+NOV22+NOV22 CK Low 5.03 18.84 692.25 3.65 17.46 641.55 CK High 5.25 19.06 700.34 3.75 17.56 645.22 CK Average 5.21 0.99 19.02 698.68 3.73 -0.15 17.54 644.64 Essex Cty 5.25 19.06 700.34 3.65 17.46 641.55 Mdsx Low 5.08 18.89 694.09 3.65 17.46 641.55 Mdsx High 5.25 19.06 700.34 3.79 17.60 646.69 Mdsx Average5.16 0.96 18.97 697.03 3.73 -0.16 17.54 644.48 Hensall 5.25 19.06 700.34 3.75 17.56 645.22 Bruce 5.00 18.81 691.15 3.75 17.56 645.22 Putnam 5.25 19.06 700.34 3.75 17.56 645.22 Burford 5.14 18.95 696.29 3.85 17.66 648.89 Port Perry 5.02 18.83 691.88 3.73 17.54 644.48 Norfolk 5.25 19.06 700.34 3.75 17.56 645.22 Palmerston 4.95 18.76 689.31 3.47 17.28 634.93 Varna 5.25 19.06 700.34 3.75 17.56 645.22 Trenton N/A 3.75 17.56 645.22 Winchester N/A 3.76 17.57 645.59 North Gower N/A 3.60 17.41 639.71 Vankleek Hil5.29 19.10 701.80 3.45 17.26 634.20 Huron FOB 4.89 N/A N/A 3.77 18.70 687.11 3.77 17.58 645.95 Kent FOB 5.25 19.06 700.34 3.75 17.56 645.22 Lambton FOB 5.35 19.16 704.01 3.90 17.71 650.73 Mdsx FOB 5.24 N/A N/A N/A 19.05 699.97 3.93 17.74 651.83 PROCESSORS Windsor N/A 4.07 17.88 656.98 TRANSFER Hamilton 5.35 19.16 704.01 4.40 18.21 669.10 Prescott N/A 4.02 17.83 655.14 Port Colborn N/A 4.46 18.27 671.31 Toledo El. 0.32 14.13 519.23 -0.45 13.36 490.91 Exchange rate was 1.2847 down 0.0057 Chicago wheat closed moderately lower. SEP22 HI 8.10 1/2 JUL23 HI 8.48 LOW 7.82 1/2 LOW 8.21 1/2 CLOSE 7.86 Down 14 3/4 CLOSE 8.25 Down 14 3/4 Minni wheat closed slightly lower. SEP22 HI 9.18 1/4 SEP23 HI 9.25 LOW 8.98 LOW 9.11 3/4 CLOSE 9.02 3/4 Down 8 CLOSE 9.12 1/2 Down 11 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 1.30 N/A N/A N/A 1.40 N/A London 2.74 2.03 1.26 N/A 2.47 1.83 1.44 N/A Hensall 3.25 N/A 1.30 N/A 2.50 N/A 1.40 N/A Trenton N/A N/A 1.20 N/A N/A N/A 1.40 N/A Bruce 2.60 1.80 1.30 1.20 2.30 1.80 1.40 N/A Essex N/A N/A 1.35 N/A N/A N/A 1.40 N/A Norwich 3.25 N/A 1.30 N/A 2.50 N/A 1.40 N/A Port Hope N/A N/A 1.15 N/A N/A N/A 1.40 N/A Kent Bridge 3.25 N/A 1.30 N/A 2.50 N/A 1.40 N/A Chatham N/A N/A 1.35 N/A N/A N/A 1.45 N/A Brigden N/A N/A 1.35 N/A N/A N/A 1.45 N/A Palmerston N/A 2.23 1.39 2.18 N/A N/A 1.37 N/A Varna 2.75 2.20 1.30 N/A 2.50 2.00 1.40 N/A Mitchell 3.25 2.20 1.30 N/A 2.50 1.80 1.40 N/A Thornton 2.74 2.03 1.26 1.91 2.47 1.83 1.44 N/A North Gower N/A 0.85 1.25 1.07 N/A 0.90 1.30 0.87 W O Feed 2.00 TERMINAL Port Colbor N/A N/A 1.78 N/A N/A N/A 1.83 N/A PROCESSORS Toledo FM N/A N/A 2.17 N/A N/A N/A 2.22 N/A Toledo El. 7.66US 9.84CA 8.15US 10.47CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 740.66 DDG's FOB Srn & Aylm 310.00