FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, May 31 Exchange rate was 1.2645 down 0.0015 Chicago soybeans closed moderately lower to lower. JUL22 HI 17.49 1/4 NOV22 HI 15.60 1/2 LOW 16.73 3/4 LOW 15.06 1/2 CLOSE16.83 1/4 Down 49 CLOSE 15.09 1/2 Down 34 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL22+JUL22+SEP22 CK Low 4.40 21.23 780.16 3.40 18.50 679.57 CK High 4.75 21.58 793.02 3.65 18.75 688.76 CK Average 4.59 0.11 21.42 787.04 3.49 -0.39 18.59 682.99 Essex Cty 4.60 21.43 787.51 3.40 18.50 679.57 Mdsx Low 4.60 21.43 787.51 3.40 18.50 679.57 Mdsx High 4.75 21.58 793.02 3.70 18.80 690.60 Mdsx Average4.68 0.18 21.51 790.33 3.56 -0.34 18.65 685.33 Hensall 4.68 21.52 790.57 3.55 18.65 685.09 Bruce 4.55 21.38 785.67 3.40 18.50 679.57 Putnam 4.55 21.38 785.67 3.45 18.55 681.41 Burford 4.74 21.57 792.65 3.63 18.73 688.03 Port Perry 4.59 21.42 787.14 3.48 18.58 682.51 Norfolk 4.60 21.43 787.51 3.45 18.55 681.41 Palmerston 4.58 21.41 786.77 3.49 18.59 682.88 Varna 4.75 21.58 793.02 3.60 18.70 686.92 Trenton 4.40 21.23 780.16 3.65 18.75 688.76 Winchester 4.39 21.22 779.79 3.64 18.74 688.39 North Gower 4.70 21.53 791.18 3.70 18.80 690.60 Vankleek Hil4.39 21.22 779.79 3.37 18.47 678.47 Huron FOB 4.75 4.75 4.81 4.82 21.58 793.02 3.54 18.64 684.72 Kent FOB 4.80 21.63 794.86 3.40 18.50 679.57 Lambton FOB 4.90 21.73 798.53 N/A Mdsx FOB 4.84 5.03 5.10 N/A 21.67 796.33 3.84 18.94 695.74 PROCESSORS Windsor 5.27 22.10 812.13 3.81 18.91 694.64 TRANSFER Hamilton 5.25 22.08 811.39 4.05 19.15 703.46 Prescott N/A 3.89 18.99 697.58 Port Colborn N/A 3.91 19.01 698.31 Toledo El. 0.32 17.15 630.10 -0.44 14.65 538.38 Exchange rate was 1.2645 down 0.0015 Chicago wheat closed sharply lower to limit down. JUL22 HI 11.57 1/4 SEP22 HI 11.65 1/4 LOW 10.87 1/2 LOW 10.96 1/4 CLOSE 10.87 1/2 Down 70 CLOSE 10.97 1/2 Down 68 3/4 Minni wheat closed sharply lower. JUL22 HI 13.10 SEP22 HI 13.10 LOW 12.45 1/4 LOW 12.45 1/4 CLOSE 12.47 1/2 Down 57 1/4 CLOSE 12.47 1/2 Down 57 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 2.25 N/A London 2.19 2.51 1.94 N/A 2.73 2.54 2.03 N/A Hensall 2.10 N/A 2.10 N/A 3.25 N/A 2.25 N/A Trenton N/A N/A N/A N/A N/A N/A 2.35 N/A Bruce N/A N/A 2.00 N/A 3.15 2.65 2.15 1.60 Essex N/A N/A 1.80 N/A N/A N/A 1.95 N/A Norwich 2.10 N/A 2.10 N/A 3.25 N/A 2.25 N/A Port Hope N/A N/A N/A N/A N/A N/A 2.25 N/A Kent Bridge 2.10 N/A 2.10 N/A 3.25 N/A 2.25 N/A Chatham N/A N/A 1.80 N/A N/A N/A 1.95 N/A Brigden N/A N/A 1.80 N/A N/A N/A 1.95 N/A Palmerston N/A 2.11 1.67 2.54 N/A 2.62 2.11 N/A Varna 2.25 2.75 2.00 N/A 3.05 2.50 2.15 N/A Mitchell 2.10 2.80 2.10 N/A 3.25 2.60 2.25 N/A Thornton 2.19 2.51 1.94 1.48 2.73 2.54 2.03 N/A North Gower N/A N/A N/A N/A N/A N/A 2.25 N/A W O Feed 2.52 TERMINAL Port Colbor N/A N/A 2.39 N/A N/A N/A 2.42 N/A PROCESSORS Toledo FM N/A N/A 3.00 N/A N/A N/A 2.90 N/A Toledo El. 10.73US 13.56CA 10.73US 13.56CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 657.87 DDG's FOB Srn & Aylm 375.00 - 380.00