FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, February 1 Exchange rate was 1.3317 up 0.0015 Chicago soybeans closed slightly lower. MAY23 HI 15.34 3/4 NOV23 HI 13.67 LOW 15.07 LOW 13.51 3/4 CLOSE15.16 1/2 Down 13 3/4 CLOSE 13.60 1/4 Down 2 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAY23+MAY23+MAY23 CK Low 4.41 19.58 719.26 3.79 17.39 639.06 CK High 4.55 19.72 724.40 3.85 17.45 641.27 CK Average 4.52 -0.39 19.68 723.14 3.82 -0.52 17.42 640.17 Essex Cty 4.55 19.72 724.40 3.80 17.40 639.43 Mdsx Low 4.45 19.62 720.73 3.80 17.40 639.43 Mdsx High 4.55 19.72 724.40 3.90 17.50 643.11 Mdsx Average4.50 -0.40 19.66 722.47 3.85 -0.50 17.45 641.09 Hensall 4.50 19.67 722.57 3.80 17.40 639.43 Bruce 4.50 19.67 722.57 3.80 17.40 639.43 Putnam 4.50 19.67 722.57 3.80 17.40 639.43 Burford 4.52 19.69 723.30 3.90 17.50 643.11 Port Perry 4.36 19.53 717.42 3.74 17.34 637.23 Norfolk 4.55 19.72 724.40 3.85 17.45 641.27 Palmerston 4.43 19.60 719.99 N/A Varna 4.54 19.71 724.03 3.80 17.40 639.43 Trenton 4.50 19.67 722.57 3.80 17.40 639.43 Winchester 4.65 19.82 728.08 3.75 17.35 637.60 North Gower 4.46 19.63 721.10 3.90 17.50 643.11 Vankleek Hil5.03 20.20 742.04 3.78 17.38 638.70 Huron FOB 4.50 4.65 4.70 N/A 19.67 722.57 N/A Kent FOB 4.80 19.97 733.59 3.85 17.45 641.27 Lambton FOB 4.79 19.96 733.22 N/A Mdsx FOB 4.82 N/A N/A N/A 19.99 734.32 3.83 17.43 640.53 PROCESSORS Windsor 5.15 20.32 746.45 4.14 17.74 651.93 TRANSFER Hamilton 5.25 20.42 750.12 4.35 17.95 659.64 Prescott N/A 4.10 17.70 650.46 Port Colborn4.84 20.01 735.06 4.31 17.91 658.17 Toledo El. -0.32 14.85 545.47 -0.60 13.00 477.79 Exchange rate was 1.3317 up 0.0015 Chicago wheat closed narrowly mixed. MAR23 HI 7.62 1/2 JUL23 HI 7.73 1/4 LOW 7.44 1/2 LOW 7.58 1/4 CLOSE 7.59 3/4 Down 1 1/2 CLOSE 7.73 Up 1 3/4 Minni wheat closed slightly higher. MAR23 HI 9.28 1/2 SEP23 HI 8.94 3/4 LOW 9.16 LOW 8.83 1/2 CLOSE 9.26 Up 3 3/4 CLOSE 8.95 Up 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 1.30 N/A N/A N/A 1.25 N/A London 2.45 2.18 1.32 N/A 2.62 1.82 1.28 N/A Hensall 4.20 N/A 1.30 N/A 2.80 N/A 1.25 N/A Trenton N/A N/A N/A N/A N/A N/A 1.25 N/A Bruce 2.30 1.80 1.30 1.15 2.25 1.75 1.25 1.15 Essex N/A N/A 1.35 N/A N/A N/A 1.25 N/A Norwich 4.20 N/A 1.30 N/A 2.80 N/A 1.25 N/A Port Hope N/A N/A 1.30 N/A N/A N/A 1.25 N/A Kent Bridge 4.20 N/A 1.30 N/A 2.80 N/A 1.25 N/A Chatham N/A N/A 1.35 N/A N/A N/A 1.25 N/A Brigden N/A N/A 1.35 N/A N/A N/A 1.25 N/A Palmerston N/A N/A N/A N/A N/A N/A N/A N/A Varna 4.10 2.20 1.35 N/A 2.70 1.90 1.25 N/A Mitchell 4.20 N/A 1.30 N/A 2.80 1.90 1.25 N/A Thornton 2.45 2.18 1.32 1.92 2.62 1.82 1.28 N/A North Gower N/A 1.30 1.70 1.77 N/A 1.00 1.40 1.42 W O Feed 2.21 TERMINAL Port Colbor N/A N/A 1.98 N/A N/A N/A 1.88 N/A PROCESSORS Toledo FM N/A N/A N/A N/A N/A N/A 2.43 N/A Toledo El. 7.35US 9.78CA 7.48US 9.96CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 761.38 DDG's FOB Aylm 360.00