Red Deer

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, March 21 Exchange rate was 1.3706 up 0.0058 Chicago soybeans closed slightly to moderately lower. JUL23 HI 14.76 1/4 NOV23 HI 13.16 1/2 LOW 14.46 3/4 LOW 12.95 1/4 CLOSE14.48 1/2 Down 18 1/4 CLOSE 12.96 Down 13 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL23+JUL23+JUL23 CK Low 4.95 19.44 714.11 4.10 17.06 626.85 CK High 5.00 19.49 715.95 4.15 17.11 628.68 CK Average 4.98 -0.28 19.47 715.32 4.13 -0.49 17.09 628.00 Essex Cty 5.00 19.49 715.95 4.15 17.11 628.68 Mdsx Low 4.95 19.44 714.11 4.10 17.06 626.85 Mdsx High 5.20 19.69 723.30 4.16 17.12 629.05 Mdsx Average5.04 -0.24 19.52 717.33 4.13 -0.49 17.09 627.86 Hensall 5.05 19.54 717.79 4.13 17.09 628.07 Bruce 4.95 19.44 714.11 4.10 17.06 626.85 Putnam 4.95 19.44 714.11 4.10 17.06 626.85 Burford 5.09 19.58 719.26 4.23 17.19 631.62 Port Perry 4.93 19.42 713.38 4.07 17.03 625.75 Norfolk 5.00 19.49 715.95 4.15 17.11 628.68 Palmerston N/A N/A Varna 5.20 19.69 723.30 4.15 17.11 628.68 Trenton 5.00 19.49 715.95 4.10 17.06 626.85 Winchester 5.00 19.49 715.95 4.15 17.11 628.68 North Gower 5.10 19.59 719.63 4.15 17.11 628.68 Vankleek Hil4.89 19.38 711.91 3.94 16.90 620.97 Huron FOB 5.00 5.15 5.20 N/A 19.49 715.95 N/A Kent FOB 5.25 19.74 725.14 4.15 17.11 628.68 Lambton FOB 5.18 19.67 722.57 N/A Mdsx FOB 5.14 N/A N/A N/A 19.63 721.10 4.28 17.24 633.46 PROCESSORS Windsor 5.86 20.35 747.55 4.77 17.73 651.47 TRANSFER Hamilton 5.50 19.99 734.32 4.85 17.81 654.41 Prescott N/A 4.70 17.66 648.89 Port Colborn5.42 19.91 731.38 4.77 17.73 651.47 Toledo El. 0.08 14.57 535.25 -0.62 12.34 453.54 Exchange rate was 1.3706 up 0.0058 Chicago wheat closed slightly to moderately lower. MAY23 HI 7.05 1/2 JUL23 HI 7.14 LOW 6.80 1/4 LOW 6.89 1/2 CLOSE 6.83 1/4 Down 17 1/2 CLOSE 6.92 1/2 Down 16 Minni wheat closed slightly lower. MAY23 HI 8.61 1/2 SEP23 HI 8.55 1/4 LOW 8.43 1/4 LOW 8.37 1/4 CLOSE 8.45 3/4 Down 5 3/4 CLOSE 8.39 1/4 Down 6 1/4 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 1.50 N/A N/A N/A 1.30 N/A London 2.50 2.02 1.41 N/A 2.73 1.85 1.23 N/A Hensall 4.20 N/A 1.50 N/A 2.90 N/A 1.30 N/A Trenton N/A N/A N/A N/A N/A N/A 1.35 N/A Bruce 2.50 2.00 1.50 1.15 2.30 1.80 1.30 1.15 Essex N/A N/A 1.45 N/A N/A N/A 1.35 N/A Norwich 4.20 N/A 1.50 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 1.50 N/A 2.90 N/A 1.30 N/A Chatham N/A N/A 1.45 N/A N/A N/A 1.35 N/A Brigden N/A N/A 1.45 N/A N/A N/A 1.35 N/A Palmerston N/A 1.80 1.25 N/A N/A N/A N/A N/A Varna 4.10 2.15 1.50 N/A 2.80 1.90 1.30 N/A Mitchell 4.20 N/A 1.50 N/A 2.90 1.95 1.30 N/A Thornton 2.50 2.02 1.41 1.63 2.73 1.85 1.23 N/A North Gower N/A 1.40 1.70 1.92 N/A 1.10 1.40 1.52 W O Feed 2.32 TERMINAL Port Colbor N/A N/A 2.22 N/A N/A N/A 1.91 N/A PROCESSORS Toledo FM N/A N/A N/A N/A N/A N/A 2.29 N/A Toledo El. 6.48US 8.89CA 6.68US 9.15CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 754.66 DDG's FOB Aylm 365.00