FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, February 28 Exchange rate was 1.3624 up 0.0048 Chicago soybeans closed moderately lower to lower. MAY23 HI 15.13 1/4 NOV23 HI 13.73 LOW 14.77 3/4 LOW 13.45 CLOSE14.79 Down 33 3/4 CLOSE 13.47 1/4 Down 24 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAY23+MAY23+JUL23 CK Low 4.91 19.70 723.85 4.10 17.57 645.68 CK High 4.95 19.74 725.32 4.16 17.63 647.88 CK Average 4.94 -0.31 19.73 725.11 4.14 -0.55 17.61 647.04 Essex Cty 4.95 19.74 725.32 4.15 17.62 647.52 Mdsx Low 4.95 19.74 725.32 4.10 17.57 645.68 Mdsx High 5.00 19.79 727.16 4.20 17.67 649.35 Mdsx Average4.96 -0.29 19.75 725.78 4.15 -0.54 17.62 647.52 Hensall 4.95 19.74 725.32 4.10 17.57 645.68 Bruce 4.95 19.74 725.32 4.10 17.57 645.68 Putnam 4.95 19.74 725.32 4.10 17.57 645.68 Burford 5.02 19.81 727.89 4.27 17.74 651.93 Port Perry 4.86 19.65 722.01 4.11 17.58 646.05 Norfolk 4.95 19.74 725.32 4.15 17.62 647.52 Palmerston 4.96 19.75 725.69 N/A Varna 4.95 19.74 725.32 4.10 17.57 645.68 Trenton 5.00 19.79 727.16 4.15 17.62 647.52 Winchester 4.95 19.74 725.32 4.10 17.57 645.68 North Gower 4.90 19.69 723.48 4.10 17.57 645.68 Vankleek Hil5.44 20.23 743.33 3.98 17.45 641.27 Huron FOB 5.10 5.13 5.26 N/A 19.89 730.83 N/A Kent FOB 5.20 19.99 734.51 4.15 17.62 647.52 Lambton FOB 5.13 19.92 731.93 N/A Mdsx FOB 5.28 N/A N/A N/A 20.07 737.45 4.40 17.87 656.70 PROCESSORS Windsor 5.73 20.52 753.98 4.75 18.22 669.56 TRANSFER Hamilton 5.55 20.34 747.37 4.80 18.27 671.40 Prescott N/A 4.44 17.91 658.17 Port Colborn5.16 19.95 733.04 4.88 18.35 674.34 Toledo El. -0.27 14.52 533.43 -0.61 12.86 472.50 Exchange rate was 1.3624 up 0.0048 Chicago wheat closed slightly lower. MAY23 HI 7.15 JUL23 HI 7.23 LOW 7.02 1/2 LOW 7.11 1/4 CLOSE 7.05 1/2 Down 4 1/2 CLOSE 7.13 3/4 Down 4 1/4 Minni wheat closed slightly lower. MAY23 HI 8.71 1/4 SEP23 HI 8.56 LOW 8.63 LOW 8.48 1/4 CLOSE 8.66 3/4 Down 1 3/4 CLOSE 8.51 3/4 Down 1 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 1.35 N/A London 2.28 1.80 1.26 N/A 2.70 1.82 1.28 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 2.35 1.85 1.45 1.15 2.30 1.80 1.35 1.15 Essex N/A N/A 1.40 N/A N/A N/A 1.35 N/A Norwich 4.20 N/A 1.45 N/A 2.90 N/A 1.30 N/A Belmore 2.50 1.75 1.45 1.15 2.00 1.90 1.35 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 1.35 N/A Brigden N/A N/A 1.40 N/A N/A N/A 1.35 N/A Palmerston N/A 1.76 1.21 N/A N/A N/A N/A N/A Varna 4.10 2.15 1.45 N/A 2.90 2.00 1.35 N/A Mitchell 4.20 N/A 1.45 N/A 2.90 1.95 1.30 N/A Thornton 2.28 1.80 1.26 2.00 2.70 1.82 1.28 N/A North Gower N/A 1.40 1.70 1.92 N/A 1.10 1.40 1.52 W O Feed 2.11 TERMINAL Port Colbor N/A N/A 2.07 N/A N/A N/A 1.89 N/A PROCESSORS Toledo FM N/A N/A N/A N/A N/A N/A 2.45 N/A Toledo El. 6.71US 9.13CA 6.89US 9.38CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 771.19 DDG's FOB Aylm 365.00