FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, May 4 Exchange rate was 1.2791 down 0.0072 Chicago soybeans closed slightly higher. JUL22 HI 16.44 1/2 NOV22 HI 14.91 LOW 16.22 LOW 14.67 3/4 CLOSE16.40 1/2 Up 10 CLOSE 14.86 1/2 Up 8 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL22+JUL22+SEP22 CK Low 4.59 21.00 771.43 3.60 18.47 678.47 CK High 4.70 21.11 775.48 3.75 18.62 683.98 CK Average 4.61 0.03 21.02 772.27 3.62 -0.41 18.49 679.36 Essex Cty 4.60 21.01 771.80 3.60 18.47 678.47 Mdsx Low 4.60 21.01 771.80 3.60 18.47 678.47 Mdsx High 4.70 21.11 775.48 3.75 18.62 683.98 Mdsx Average4.63 0.04 21.04 773.03 3.66 -0.38 18.53 680.68 Hensall 4.67 21.07 774.25 3.70 18.57 682.15 Bruce 4.65 21.06 773.64 3.65 18.52 680.31 Putnam 4.60 21.01 771.80 3.60 18.47 678.47 Burford 4.66 21.07 774.01 3.69 18.56 681.78 Port Perry 4.51 20.92 768.49 3.54 18.41 676.27 Norfolk 4.60 21.01 771.80 3.65 18.52 680.31 Palmerston 4.58 20.99 771.07 3.65 18.52 680.31 Varna 4.65 21.06 773.64 3.70 18.57 682.15 Trenton 4.65 21.06 773.64 3.70 18.57 682.15 Winchester 4.40 20.81 764.45 3.70 18.57 682.15 North Gower 4.35 20.76 762.62 3.60 18.47 678.47 Vankleek Hil4.47 20.88 767.02 3.64 18.51 679.94 Huron FOB 4.62 4.72 4.78 4.96 21.03 772.54 3.60 18.47 678.47 Kent FOB 4.80 21.21 779.15 3.60 18.47 678.47 Lambton FOB 4.77 21.18 778.05 N/A Mdsx FOB 4.89 4.96 4.96 N/A 21.30 782.46 3.86 18.73 688.03 PROCESSORS Windsor 5.25 21.66 795.69 3.96 18.83 691.70 TRANSFER Hamilton 5.25 21.66 795.69 4.25 19.12 702.36 Prescott N/A 4.02 18.89 693.90 Port Colborn N/A 3.98 18.85 692.44 Toledo El. -0.06 16.34 600.43 -0.45 14.42 529.75 Exchange rate was 1.2791 down 0.0072 Chicago wheat closed moderately higher to higher. JUL22 HI 10.89 SEP22 HI 10.90 1/2 LOW 10.42 1/4 LOW 10.46 CLOSE 10.76 1/2 Up 31 CLOSE 10.79 1/4 Up 29 3/4 Minni wheat closed moderately higher to higher. JUL22 HI 11.83 SEP22 HI 11.78 LOW 11.54 3/4 LOW 11.47 1/2 CLOSE 11.77 1/4 Up 21 3/4 CLOSE 11.72 1/4 Up 24 1/4 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 2.10 N/A London 2.20 2.52 1.95 N/A 2.97 2.52 2.13 N/A Hensall 1.80 N/A 1.80 N/A 3.10 N/A 2.10 N/A Trenton N/A N/A N/A N/A N/A N/A 2.10 N/A Bruce N/A N/A 1.80 N/A 3.00 2.45 2.10 1.30 Essex N/A N/A 1.85 N/A N/A N/A 2.10 N/A Norwich 1.80 N/A 1.80 N/A 3.10 N/A 2.10 N/A Port Hope N/A N/A N/A N/A N/A N/A 2.10 N/A Kent Bridge 1.80 N/A 1.80 N/A 3.10 N/A 2.10 N/A Chatham N/A N/A 1.85 N/A N/A N/A 2.10 N/A Brigden N/A N/A 1.85 N/A N/A N/A 2.10 N/A Palmerston N/A 2.25 1.81 2.52 N/A 2.65 2.20 N/A Varna 2.10 2.60 1.85 N/A 3.00 2.45 2.10 N/A Mitchell 1.80 2.50 1.80 N/A 3.10 2.45 2.10 N/A Thornton 2.20 2.52 1.95 1.58 2.97 2.52 2.13 N/A North Gower N/A N/A N/A N/A N/A N/A 1.95 N/A W O Feed 2.54 TERMINAL Port Colbor N/A N/A 2.40 N/A N/A N/A 2.53 N/A PROCESSORS Toledo FM N/A N/A 3.04 N/A N/A N/A 3.01 N/A Toledo El. 10.36US 13.25CA 10.56US 13.51CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 663.82 DDG's FOB Srn & Aylm 410.00