Red Deer

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, March 8 Exchange rate was 1.3799 up 0.0041 Chicago soybeans closed narrowly mixed. MAY23 HI 15.33 3/4 NOV23 HI 13.83 3/4 LOW 15.11 LOW 13.68 1/4 CLOSE15.17 3/4 Up 2 1/4 CLOSE 13.71 1/2 Down 2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAY23+MAY23+JUL23 CK Low 5.11 20.29 745.44 4.30 18.02 661.94 CK High 5.20 20.38 748.74 4.45 18.17 667.45 CK Average 5.19 -0.42 20.36 748.27 4.37 -0.61 18.09 664.67 Essex Cty 5.20 20.38 748.74 4.45 18.17 667.45 Mdsx Low 5.15 20.33 746.91 4.35 18.07 663.78 Mdsx High 5.20 20.38 748.74 4.45 18.17 667.45 Mdsx Average5.19 -0.42 20.37 748.29 4.42 -0.58 18.13 666.16 Hensall 5.20 20.38 748.74 4.42 18.13 666.22 Bruce 5.20 20.38 748.74 4.45 18.17 667.45 Putnam 5.20 20.38 748.74 4.35 18.07 663.78 Burford 5.22 20.40 749.48 4.48 18.20 668.55 Port Perry 5.06 20.24 743.60 4.32 18.04 662.67 Norfolk 5.20 20.38 748.74 4.45 18.17 667.45 Palmerston N/A N/A Varna 5.20 20.38 748.74 4.45 18.17 667.45 Trenton 5.20 20.38 748.74 4.35 18.07 663.78 Winchester 5.26 20.44 750.95 4.30 18.02 661.94 North Gower 4.90 20.08 737.72 4.10 17.82 654.59 Vankleek Hil5.49 20.67 759.40 4.18 17.90 657.53 Huron FOB 5.20 5.28 5.48 N/A 20.38 748.74 N/A Kent FOB 5.45 20.63 757.93 4.45 18.17 667.45 Lambton FOB 5.44 20.62 757.56 N/A Mdsx FOB 5.47 N/A N/A N/A 20.65 758.67 4.66 18.38 675.17 PROCESSORS Windsor 5.63 20.81 764.54 4.80 18.52 680.31 TRANSFER Hamilton 5.70 20.88 767.12 5.10 18.82 691.33 Prescott N/A 4.86 18.58 682.51 Port Colborn5.55 20.73 761.61 5.15 18.87 693.17 Toledo El. -0.28 14.90 547.54 -0.62 13.09 481.12 Exchange rate was 1.3799 up 0.0041 Chicago wheat closed slightly lower. MAY23 HI 6.99 1/2 JUL23 HI 7.08 LOW 6.84 1/4 LOW 6.93 1/4 CLOSE 6.87 1/2 Down 10 1/2 CLOSE 6.97 Down 9 1/2 Minni wheat closed moderately lower. MAY23 HI 8.52 3/4 SEP23 HI 8.45 1/4 LOW 8.37 LOW 8.30 1/4 CLOSE 8.38 1/2 Down 14 1/4 CLOSE 8.31 3/4 Down 11 1/2 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 1.45 N/A N/A N/A 1.30 N/A London 2.53 2.05 1.36 N/A 2.76 1.87 1.32 N/A Hensall 4.20 N/A 1.45 N/A 2.90 N/A 1.30 N/A Trenton N/A N/A N/A N/A N/A N/A 1.40 N/A Bruce 2.45 1.95 1.50 1.15 2.30 1.80 1.30 1.15 Essex N/A N/A 1.40 N/A N/A N/A 1.30 N/A Norwich 4.20 N/A 1.45 N/A 2.90 N/A 1.30 N/A Belmore 2.50 1.75 1.50 1.15 2.00 1.90 1.30 N/A Kent Bridge 4.20 N/A 1.45 N/A 2.90 N/A 1.30 N/A Chatham N/A N/A 1.40 N/A N/A N/A 1.30 N/A Brigden N/A N/A 1.40 N/A N/A N/A 1.30 N/A Palmerston N/A 1.86 1.30 N/A N/A N/A N/A N/A Varna 4.15 2.20 1.50 N/A 2.85 1.95 1.30 N/A Mitchell 4.20 N/A 1.45 N/A 2.90 1.95 1.30 N/A Thornton 2.53 2.05 1.36 2.03 2.76 1.87 1.32 N/A North Gower N/A 1.40 1.70 1.92 N/A 1.10 1.40 1.52 W O Feed 2.26 TERMINAL Port Colbor N/A N/A 2.25 N/A N/A N/A 1.93 N/A PROCESSORS Toledo FM N/A N/A N/A N/A N/A N/A 2.37 N/A Toledo El. 6.53US 9.00CA 6.72US 9.27CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 808.78 DDG's FOB Aylm 360.00