Red Deer

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, June 28 Exchange rate was 1.3215 up 0.0067 Chicago soybeans closed moderately lower. AUG23 HI 14.01 1/4 NOV23 HI 12.95 1/2 LOW 13.51 1/4 LOW 12.56 3/4 CLOSE13.61 Down 34 1/2 CLOSE 12.65 Down 29 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +AUG23+AUG23+NOV23 CK Low 4.24 17.85 655.88 2.80 15.45 567.69 CK High 4.60 18.21 669.10 2.95 15.60 573.20 CK Average 4.53 0.11 18.14 666.37 2.87 -0.91 15.52 570.10 Essex Cty 4.60 18.21 669.10 2.95 15.60 573.20 Mdsx Low 4.42 18.03 662.49 2.85 15.50 569.53 Mdsx High 4.60 18.21 669.10 2.89 15.54 571.00 Mdsx Average4.54 0.13 18.15 666.99 2.86 -0.91 15.51 569.89 Hensall 4.57 18.18 667.88 2.85 15.50 569.53 Bruce 4.34 17.95 659.55 2.85 15.50 569.53 Putnam 4.60 18.21 669.10 2.85 15.50 569.53 Guelph 4.60 18.21 669.10 2.81 15.46 568.06 Burford 4.52 18.13 666.16 2.99 15.64 574.67 Port Perry 4.36 17.97 660.28 2.83 15.48 568.79 Norfolk 4.60 18.21 669.10 2.85 15.50 569.53 Palmerston 4.55 18.16 667.27 2.85 15.50 569.53 Varna 4.55 18.16 667.27 2.85 15.50 569.53 Trenton 4.75 18.36 674.61 2.85 15.50 569.53 Winchester N/A 2.75 15.40 565.85 North Gower 4.45 18.06 663.59 2.90 15.55 571.36 Vankleek Hil4.20 17.81 654.41 3.23 15.88 583.49 Huron FOB N/A 4.51 4.58 2.80 2.85 15.50 569.53 Kent FOB 4.70 18.31 672.78 2.85 15.50 569.53 Lambton FOB 4.30 17.91 658.08 N/A Mdsx FOB 4.57 4.70 N/A N/A 18.18 668.00 3.06 15.71 577.24 PROCESSORS Windsor 5.52 19.13 702.91 3.62 16.27 597.82 TRANSFER Hamilton 5.00 18.61 683.80 3.40 16.05 589.74 Prescott N/A 3.62 16.27 597.82 Port Colborn N/A 3.57 16.22 595.98 Toledo El. 0.26 13.87 509.79 -0.59 12.06 442.96 Exchange rate was 1.3215 up 0.0067 Chicago wheat closed lower. SEP23 HI 7.06 1/4 SEP23 HI 7.06 1/4 LOW 6.67 1/2 LOW 6.67 1/2 CLOSE 6.69 3/4 Down 29 1/4 CLOSE 6.69 3/4 Down 29 1/4 Minni wheat closed lower. SEP23 HI 8.46 SEP23 HI 8.46 LOW 8.16 3/4 LOW 8.16 3/4 CLOSE 8.18 1/4 Down 27 CLOSE 8.18 1/4 Down 27 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 N/A N/A N/A N/A 0.80 N/A London 2.16 1.69 1.17 N/A 2.36 1.50 0.83 N/A Hensall 2.30 1.90 1.20 1.40 2.55 1.60 0.85 1.45 Trenton N/A N/A N/A N/A N/A N/A 0.85 N/A Bruce 1.75 1.25 0.75 1.15 1.75 1.25 0.75 1.15 Essex N/A N/A N/A N/A N/A N/A 0.80 N/A Norwich N/A N/A 1.20 N/A 2.45 N/A 0.80 N/A Belmore N/A 1.51 N/A 1.01 1.66 1.16 0.71 1.15 Kent Bridge N/A N/A 1.20 N/A 2.45 N/A 0.80 N/A Chatham N/A N/A 1.10 N/A N/A N/A 0.80 N/A Brigden N/A N/A N/A N/A N/A N/A 0.80 N/A Palmerston N/A 1.51 N/A 1.01 1.66 1.16 0.71 1.15 Varna 2.30 1.90 1.20 N/A 2.55 1.60 0.85 N/A Mitchell N/A N/A 1.20 N/A 2.45 1.60 0.80 N/A Thornton 2.16 1.69 1.17 1.36 2.36 1.50 0.83 N/A North Gower N/A 0.96 1.26 1.28 N/A 0.90 1.10 1.12 W O Feed 2.07 TERMINAL Port Colbor N/A N/A 1.56 N/A N/A N/A 1.50 N/A PROCESSORS Toledo FM N/A N/A 1.82 N/A N/A N/A 1.82 N/A Toledo El. 6.36US 8.40CA 6.36US 8.40CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 641.34 DDG's FOB Aylm 295.00