FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, May 25 Exchange rate was 1.2819 down 0.0007 Chicago soybeans closed mixed. JUL22 HI 16.97 3/4 NOV22 HI 15.24 LOW 16.65 1/2 LOW 14.95 1/4 CLOSE16.81 Down 12 CLOSE 15.12 3/4 Down 4 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL22+JUL22+SEP22 CK Low 4.70 21.51 790.36 3.73 18.86 692.89 CK High 4.80 21.61 794.03 3.75 18.88 693.63 CK Average 4.79 0.04 21.60 793.51 3.75 -0.40 18.87 693.52 Essex Cty 4.80 21.61 794.03 3.75 18.88 693.63 Mdsx Low 4.75 21.56 792.19 3.70 18.83 691.79 Mdsx High 4.82 21.63 794.77 3.75 18.88 693.63 Mdsx Average4.79 0.04 21.60 793.66 3.73 -0.41 18.86 693.02 Hensall 4.80 21.61 794.03 3.73 18.86 693.02 Bruce 4.70 21.51 790.36 3.70 18.83 691.79 Putnam 4.80 21.61 794.03 3.80 18.93 695.47 Burford 4.88 21.69 796.97 3.81 18.94 695.83 Port Perry 4.73 21.54 791.46 3.66 18.79 690.32 Norfolk 4.80 21.61 794.03 3.80 18.93 695.47 Palmerston 4.75 21.56 792.19 3.77 18.90 694.36 Varna 4.80 21.61 794.03 3.70 18.83 691.79 Trenton 4.50 21.31 783.01 3.75 18.88 693.63 Winchester 4.50 21.31 783.01 3.77 18.90 694.36 North Gower 4.70 21.51 790.36 3.70 18.83 691.79 Vankleek Hil4.73 21.54 791.46 3.55 18.68 686.28 Huron FOB 4.87 4.92 4.98 4.99 21.68 796.60 3.73 18.86 692.89 Kent FOB 5.00 21.81 801.38 3.75 18.88 693.63 Lambton FOB 4.90 21.71 797.71 N/A Mdsx FOB 4.99 5.05 5.11 N/A 21.80 801.01 3.92 19.05 699.88 PROCESSORS Windsor 5.59 22.40 823.06 4.08 19.21 705.75 TRANSFER Hamilton 5.45 22.26 817.91 4.40 19.53 717.51 Prescott N/A 4.18 19.31 709.43 Port Colborn N/A 4.05 19.18 704.65 Toledo El. 0.19 17.00 624.73 -0.45 14.68 539.36 Exchange rate was 1.2819 down 0.0007 Chicago wheat closed slightly to moderately lower. JUL22 HI 11.58 1/2 SEP22 HI 11.66 1/4 LOW 11.14 1/2 LOW 11.23 1/4 CLOSE 11.48 1/4 Down 6 1/2 CLOSE 11.56 3/4 Down 6 1/2 Minni wheat closed slightly higher. JUL22 HI 12.84 3/4 SEP22 HI 12.84 3/4 LOW 12.39 1/4 LOW 12.37 3/4 CLOSE 12.80 1/2 Up 3 1/4 CLOSE 12.80 1/2 Up 3 1/2 Direct MarkHarvest 2021 Harvest 2022 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 2.35 N/A London 2.38 2.44 1.99 N/A 2.94 2.49 2.10 N/A Hensall 2.35 N/A 2.25 N/A 3.35 N/A 2.35 N/A Trenton N/A N/A N/A N/A N/A N/A 2.35 N/A Bruce N/A N/A 2.20 N/A 3.25 2.65 2.35 1.60 Essex N/A N/A 2.15 N/A N/A N/A 2.30 N/A Norwich 2.35 N/A 2.25 N/A 3.35 N/A 2.35 N/A Port Hope N/A N/A N/A N/A N/A N/A 2.45 N/A Kent Bridge 2.35 N/A 2.25 N/A 3.35 N/A 2.35 N/A Chatham N/A N/A 2.15 N/A N/A N/A 2.30 N/A Brigden N/A N/A 2.15 N/A N/A N/A 2.30 N/A Palmerston N/A 2.47 2.02 2.84 N/A 3.01 2.43 N/A Varna 2.45 2.95 2.20 N/A 3.25 2.70 2.35 N/A Mitchell 2.35 2.80 2.25 N/A 3.35 2.65 2.35 N/A Thornton 2.38 2.44 1.99 1.96 2.94 2.49 2.10 N/A North Gower N/A N/A N/A N/A N/A N/A 2.25 N/A W O Feed 2.87 TERMINAL Port Colbor N/A N/A 2.45 N/A N/A N/A 2.50 N/A PROCESSORS Toledo FM N/A N/A 3.35 N/A N/A N/A 3.26 N/A Toledo El. 11.33US 14.53CA 11.33US 14.52CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 666.03 DDG's FOB Srn & Aylm 375.00 - 385.00