FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, August 16 Exchange rate was 1.3503 up 0.0038 Chicago soybeans closed slightly to moderately higher. NOV23 HI 13.31 1/2 NOV23 HI 13.31 1/2 LOW 13.03 LOW 13.03 CLOSE13.23 1/2 Up 18 1/4 CLOSE 13.23 1/2 Up 18 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV23+NOV23+NOV23 CK Low 5.19 18.43 677.00 3.35 16.59 609.39 CK High 5.20 18.44 677.37 3.45 16.69 613.07 CK Average 5.20 0.42 18.43 677.32 3.40 -0.91 16.64 611.28 Essex Cty 5.20 18.44 677.37 3.45 16.69 613.07 Mdsx Low 5.15 18.39 675.53 3.35 16.59 609.39 Mdsx High 5.20 18.44 677.37 3.40 16.64 611.23 Mdsx Average5.18 0.40 18.42 676.64 3.39 -0.93 16.62 610.68 Hensall 5.20 18.44 677.37 3.40 16.64 611.23 Bruce 5.20 18.44 677.37 3.40 16.64 611.23 Putnam 5.20 18.44 677.37 3.40 16.64 611.23 Guelph 5.14 18.38 675.17 3.25 16.49 605.72 Burford 5.27 18.51 679.94 3.49 16.73 614.54 Port Perry 5.11 18.35 674.06 3.33 16.57 608.66 Norfolk 5.20 18.44 677.37 3.45 16.69 613.07 Palmerston 5.20 18.44 677.37 3.40 16.64 611.23 Varna 5.20 18.44 677.37 3.40 16.64 611.23 Trenton N/A 3.40 16.64 611.23 Winchester N/A 3.40 16.64 611.23 North Gower 4.95 18.19 668.18 3.20 16.44 603.88 Vankleek Hil N/A 3.49 16.73 614.54 Huron FOB 5.31 N/A 3.40 3.40 18.55 681.41 3.40 16.64 611.23 Kent FOB 5.45 18.69 686.56 3.40 16.64 611.23 Lambton FOB 5.00 18.24 670.02 3.50 16.74 614.91 Mdsx FOB 5.19 N/A 3.68 3.68 18.43 677.00 3.68 16.92 621.52 PROCESSORS Windsor 6.08 19.32 709.70 4.11 17.35 637.32 TRANSFER Hamilton 5.80 19.04 699.42 4.10 17.34 636.95 Prescott N/A 3.90 17.14 629.60 Port Colborn N/A 4.33 17.57 645.40 Toledo El. -0.20 13.03 478.86 -0.81 12.42 456.53 Exchange rate was 1.3503 up 0.0038 Chicago wheat closed narrowly mixed. SEP23 HI 6.07 1/2 JUL24 HI 6.76 1/4 LOW 5.91 1/2 LOW 6.66 CLOSE 5.97 3/4 Down 3/4 CLOSE 6.72 Up 1/4 Minni wheat closed slightly higher. SEP23 HI 7.96 1/2 SEP24 HI 8.08 LOW 7.84 1/2 LOW 8.04 CLOSE 7.91 Up 4 1/2 CLOSE 8.07 1/2 Up 7 1/4 Direct MarkHarvest 2023 Harvest 2024 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 0.65 N/A N/A N/A 0.85 N/A London 1.50 1.16 0.47 N/A 1.77 1.34 0.73 N/A Hensall 1.90 1.45 0.65 1.35 1.70 1.50 0.85 N/A Trenton N/A N/A 0.65 N/A N/A N/A N/A N/A Bruce 1.45 1.15 0.65 1.15 1.35 1.15 0.85 N/A Essex N/A N/A 0.55 N/A N/A N/A 0.85 N/A Norwich 1.95 N/A 0.65 N/A 1.80 N/A 0.85 N/A Belmore 1.75 1.15 0.65 1.20 1.90 1.15 0.85 N/A Kent Bridge 1.95 N/A 0.55 N/A 1.80 N/A 0.85 N/A Chatham N/A N/A 0.55 N/A N/A N/A 0.85 N/A Brigden N/A N/A 0.30 N/A N/A N/A 0.85 N/A Palmerston 1.75 1.15 0.65 1.20 1.90 1.15 0.85 N/A Varna 1.90 1.45 0.65 N/A 1.70 1.50 0.85 N/A Mitchell 1.95 1.50 0.65 N/A 1.80 1.50 0.85 N/A Thornton 1.50 1.16 0.55 1.15 1.77 1.34 0.73 N/A North Gower N/A 0.80 1.10 1.27 N/A 0.60 0.95 0.92 W O Feed 1.29 TERMINAL Port Colbor N/A N/A 1.16 N/A N/A N/A 0.96 N/A PROCESSORS Toledo FM N/A N/A 1.69 N/A N/A N/A N/A N/A Toledo El. 5.60US 7.56CA 6.48US 8.75CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 685.10 DDG's FOB Aylm 305.00