Red Deer

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, June 7 Exchange rate was 1.332 down 0.0045 Chicago soybeans closed mixed. AUG23 HI 12.76 NOV23 HI 11.88 1/4 LOW 12.60 LOW 11.76 CLOSE12.67 1/4 Up 1 1/2 CLOSE 11.78 1/2 Down 6 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 4.75 17.42 640.17 2.79 14.58 535.54 CK High 4.80 17.47 642.00 2.90 14.69 539.58 CK Average 4.76 0.41 17.43 640.43 2.82 -0.82 14.61 536.64 Essex Cty 4.75 17.42 640.17 2.80 14.59 535.91 Mdsx Low 4.73 17.40 639.43 2.77 14.56 534.80 Mdsx High 4.75 17.42 640.17 2.80 14.59 535.91 Mdsx Average4.75 0.40 17.42 639.98 2.79 -0.84 14.58 535.63 Hensall 4.77 17.44 640.78 2.78 14.57 535.29 Bruce 4.70 17.37 638.33 2.80 14.59 535.91 Putnam 4.75 17.42 640.17 2.80 14.59 535.91 Burford 4.83 17.50 643.11 2.87 14.66 538.48 Port Perry 4.67 17.34 637.23 2.71 14.50 532.60 Norfolk 4.75 17.42 640.17 2.80 14.59 535.91 Palmerston 4.70 17.37 638.33 2.80 14.59 535.91 Varna 4.75 17.42 640.17 2.75 14.54 534.07 Trenton 4.75 17.42 640.17 2.80 14.59 535.91 Winchester N/A 3.20 14.99 550.60 North Gower 4.69 17.36 637.96 3.10 14.89 546.93 Vankleek Hil5.50 18.17 667.73 2.86 14.65 538.11 Huron FOB 4.75 5.04 5.11 N/A 17.42 640.17 N/A Kent FOB 5.00 17.67 649.35 2.80 14.59 535.91 Lambton FOB 4.73 17.40 639.43 N/A Mdsx FOB 4.95 5.15 N/A N/A 17.62 647.52 2.97 14.76 542.15 PROCESSORS Windsor 5.46 18.13 666.26 3.47 15.26 560.53 TRANSFER Hamilton 5.30 17.97 660.38 3.45 15.24 559.79 Prescott N/A 3.38 15.17 557.22 Port Colborn N/A 3.48 15.27 560.89 Toledo El. 1.07 13.74 504.79 -0.60 11.19 411.00 Exchange rate was 1.332 down 0.0045 Chicago wheat closed moderately lower. JUL23 HI 6.35 1/2 JUL23 HI 6.35 1/2 LOW 6.13 1/4 LOW 6.13 1/4 CLOSE 6.16 3/4 Down 11 CLOSE 6.16 3/4 Down 11 Minni wheat closed lower. JUL23 HI 8.18 1/4 SEP23 HI 8.20 1/2 LOW 7.90 1/4 LOW 7.92 3/4 CLOSE 7.94 Down 22 1/2 CLOSE 7.96 1/2 Down 23 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 1.20 N/A N/A N/A 0.80 N/A London 2.06 1.60 1.26 N/A 2.27 1.39 0.83 N/A Hensall 2.55 1.95 1.25 1.55 2.50 1.55 0.85 1.35 Trenton N/A N/A N/A N/A N/A N/A 0.85 N/A Bruce 2.20 1.70 1.20 1.15 1.80 1.30 0.80 1.15 Essex N/A N/A 1.30 N/A N/A N/A 0.85 N/A Norwich N/A N/A 1.25 N/A 2.55 N/A 0.85 N/A Belmore N/A 1.65 1.25 1.15 1.80 1.30 0.85 1.15 Kent Bridge N/A N/A 1.25 N/A 2.55 N/A 0.85 N/A Chatham N/A N/A 1.30 N/A N/A N/A 0.85 N/A Brigden N/A N/A 1.30 N/A N/A N/A 0.85 N/A Palmerston 2.20 1.70 1.20 1.15 1.80 1.30 0.80 1.15 Varna 2.55 1.95 1.25 N/A 2.50 1.55 0.85 N/A Mitchell N/A N/A 1.25 N/A 2.55 1.55 0.85 N/A Thornton 2.06 1.60 1.26 1.42 2.27 1.39 0.83 N/A North Gower N/A 1.00 1.30 1.42 N/A 0.90 1.10 1.17 W O Feed 2.09 TERMINAL Port Colbor N/A N/A 1.86 N/A N/A N/A 1.39 N/A PROCESSORS Toledo FM N/A N/A 1.85 N/A N/A N/A 1.85 N/A Toledo El. 5.92US 7.88CA 5.92US 7.88CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 656.11 DDG's FOB Aylm 300.00