FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, July 12 Exchange rate was 1.3159 down 0.0062 Chicago soybeans closed moderately lower. NOV23 HI 13.78 NOV23 HI 13.78 LOW 13.25 LOW 13.25 CLOSE13.27 3/4 Down 32 1/2 CLOSE 13.27 3/4 Down 32 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV23+NOV23+NOV23 CK Low 5.00 18.28 671.58 3.00 16.28 598.10 CK High 5.15 18.43 677.09 3.15 16.43 603.61 CK Average 5.04 0.64 18.32 673.11 3.05 -0.87 16.33 600.04 Essex Cty 5.00 18.28 671.58 3.05 16.33 599.93 Mdsx Low 5.00 18.28 671.58 3.00 16.28 598.10 Mdsx High 5.25 18.53 680.77 3.20 16.48 605.44 Mdsx Average5.08 0.68 18.36 674.61 3.08 -0.85 16.35 600.85 Hensall 5.10 18.38 675.26 3.10 16.38 601.77 Bruce 5.10 18.38 675.26 3.10 16.38 601.77 Putnam 5.00 18.28 671.58 3.00 16.28 598.10 Guelph 5.10 18.38 675.26 3.18 16.46 604.71 Burford 5.18 18.46 678.20 3.20 16.48 605.44 Port Perry 5.02 18.30 672.32 3.04 16.32 599.57 Norfolk 5.00 18.28 671.58 3.05 16.33 599.93 Palmerston 5.15 18.43 677.09 3.15 16.43 603.61 Varna 5.25 18.53 680.77 3.20 16.48 605.44 Trenton N/A 3.15 16.43 603.61 Winchester N/A 3.07 16.35 600.67 North Gower 5.57 18.85 692.53 3.00 16.28 598.10 Vankleek Hil4.57 17.85 655.78 3.18 16.46 604.71 Huron FOB 4.99 5.16 N/A 3.15 18.27 671.22 3.15 16.43 603.61 Kent FOB 5.00 18.28 671.58 3.00 16.28 598.10 Lambton FOB 4.93 18.21 669.01 N/A Mdsx FOB 5.24 N/A N/A N/A 18.52 680.40 3.30 16.58 609.12 PROCESSORS Windsor 5.30 18.58 682.61 3.60 16.88 620.14 TRANSFER Hamilton 5.35 18.63 684.44 3.60 16.88 620.14 Prescott N/A 3.51 16.79 616.84 Port Colborn N/A 3.81 17.09 627.86 Toledo El. 0.53 13.80 507.20 -0.59 12.69 466.11 Exchange rate was 1.3159 down 0.0062 Chicago wheat closed lower. SEP23 HI 6.62 1/2 JUL24 HI 7.03 3/4 LOW 6.32 LOW 6.81 1/4 CLOSE 6.32 3/4 Down 27 3/4 CLOSE 6.81 3/4 Down 20 1/2 Minni wheat closed mixed. SEP23 HI 8.71 1/2 SEP24 HI 7.95 LOW 8.45 1/2 LOW 7.93 CLOSE 8.53 1/2 Down 10 1/2 CLOSE 7.93 Up 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 0.75 N/A N/A N/A 0.90 N/A London 2.24 1.38 0.72 N/A 1.94 1.25 0.86 N/A Hensall 2.40 1.45 0.70 1.30 1.80 1.35 0.85 N/A Trenton N/A N/A 0.85 N/A N/A N/A N/A N/A Bruce 1.70 1.20 0.70 1.15 1.44 1.15 0.85 N/A Essex N/A N/A 0.65 N/A N/A N/A 0.80 N/A Norwich 2.40 N/A 0.70 N/A 1.85 N/A 0.85 N/A Belmore 1.75 1.25 0.70 1.35 1.90 1.30 0.85 N/A Kent Bridge 2.40 N/A 0.70 N/A 1.85 N/A 0.85 N/A Chatham N/A N/A 0.65 N/A N/A N/A 0.80 N/A Brigden N/A N/A 0.65 N/A N/A N/A 0.80 N/A Palmerston 1.75 1.25 0.70 1.35 1.90 1.30 0.85 N/A Varna 2.45 1.50 0.75 N/A 1.85 1.40 0.90 N/A Mitchell 2.40 1.50 0.70 N/A 1.85 1.40 0.85 N/A Thornton 2.24 1.38 0.72 1.46 1.94 1.25 0.86 N/A North Gower N/A 0.90 1.10 1.12 N/A 0.69 0.89 0.87 W O Feed 1.83 TERMINAL Port Colbor N/A N/A 1.39 N/A N/A N/A 1.12 N/A PROCESSORS Toledo FM N/A N/A 1.67 N/A N/A N/A N/A N/A Toledo El. 6.08US 8.00CA 6.58US 8.66CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 642.55 DDG's FOB Aylm 300.00