FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, July 27 Exchange rate was 1.2853 down 0.0050 Chicago soybeans closed moderately higher. NOV22 HI 14.16 1/2 NOV22 HI 14.16 1/2 LOW 13.71 3/4 LOW 13.71 3/4 CLOSE14.10 Up 26 1/4 CLOSE 14.10 Up 26 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV22+NOV22+NOV22 CK Low 5.50 19.60 720.18 3.50 17.60 646.69 CK High 5.85 19.95 733.04 3.70 17.80 654.04 CK Average 5.75 1.34 19.85 729.36 3.59 -0.33 17.69 650.15 Essex Cty 5.75 19.85 729.36 3.50 17.60 646.69 Mdsx Low 5.75 19.85 729.36 3.40 17.50 643.01 Mdsx High 5.95 20.05 736.71 3.63 17.73 651.47 Mdsx Average5.84 1.41 19.94 732.67 3.53 -0.39 17.63 647.67 Hensall 5.82 19.92 731.81 3.60 17.70 650.36 Bruce 5.75 19.85 729.36 3.65 17.75 652.20 Putnam 5.85 19.95 733.04 3.70 17.80 654.04 Burford 5.88 19.98 734.14 3.69 17.79 653.67 Port Perry 5.79 19.89 730.83 3.60 17.70 650.36 Norfolk 5.75 19.85 729.36 3.60 17.70 650.36 Palmerston 5.85 19.95 733.04 3.54 17.64 648.16 Varna 5.95 20.05 736.71 3.40 17.50 643.01 Trenton N/A 3.55 17.65 648.53 Winchester N/A 3.75 17.85 655.88 North Gower N/A 3.55 17.65 648.53 Vankleek Hil4.20 18.30 672.41 3.49 17.59 646.32 Huron FOB 5.94 5.97 N/A N/A 20.04 736.34 3.82 17.92 658.45 Kent FOB 5.85 19.95 733.04 3.55 17.65 648.53 Lambton FOB 6.20 20.30 745.90 3.85 17.95 659.55 Mdsx FOB 6.05 6.05 N/A N/A 20.15 740.39 3.89 17.99 661.02 PROCESSORS Windsor 6.66 20.76 762.80 4.14 18.24 670.21 TRANSFER Hamilton 6.20 20.30 745.90 4.25 18.35 674.25 Prescott N/A 3.96 18.06 663.59 Port Colborn N/A 4.42 18.52 680.49 Toledo El. 0.96 15.06 553.51 -0.45 13.65 501.56 Exchange rate was 1.2853 down 0.0050 Chicago wheat closed slightly to moderately lower. SEP22 HI 8.18 3/4 JUL23 HI 8.48 LOW 7.82 LOW 8.17 1/2 CLOSE 7.90 1/4 Down 13 1/2 CLOSE 8.26 1/2 Down 8 1/2 Minni wheat closed moderately lower. SEP22 HI 9.37 3/4 SEP23 HI 9.25 LOW 9.01 1/2 LOW 9.06 1/4 CLOSE 9.10 Down 18 3/4 CLOSE 9.10 3/4 Down 12 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 1.40 N/A N/A N/A 1.45 N/A London 2.78 2.14 1.43 N/A 2.23 1.84 1.45 N/A Hensall 2.80 N/A 1.40 N/A 2.50 N/A 1.45 N/A Trenton N/A N/A 1.40 N/A N/A N/A 1.45 N/A Bruce 2.60 2.10 1.40 1.60 2.30 1.80 1.45 N/A Essex N/A N/A 1.40 N/A N/A N/A 1.45 N/A Norwich 2.80 N/A 1.40 N/A 2.50 N/A 1.45 N/A Port Hope N/A N/A 1.40 N/A N/A N/A 1.45 N/A Kent Bridge 2.80 N/A 1.40 N/A 2.50 N/A 1.45 N/A Chatham N/A N/A 1.40 N/A N/A N/A 1.50 N/A Brigden N/A N/A 1.40 N/A N/A N/A 1.50 N/A Palmerston N/A 2.22 1.63 2.22 N/A N/A 1.22 N/A Varna 2.70 2.15 1.40 N/A 2.35 1.85 1.40 N/A Mitchell 2.80 2.10 1.40 N/A 2.50 1.80 1.45 N/A Thornton 2.78 2.14 1.43 2.09 2.23 1.84 1.45 N/A North Gower N/A 1.10 1.50 1.17 N/A 1.05 1.45 0.87 W O Feed 2.07 TERMINAL Port Colbor N/A N/A 2.09 N/A N/A N/A 1.85 N/A PROCESSORS Toledo FM N/A N/A 2.25 N/A N/A N/A N/A N/A Toledo El. 7.70US 9.90CA 8.17US 10.49CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 788.06 DDG's FOB Srn & Aylm 310.00 - 315.00