FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, October 12 Exchange rate was 1.3793 up 0.0050 Chicago soybeans closed mixed. NOV22 HI 14.14 NOV23 HI 13.80 1/4 LOW 13.67 1/2 LOW 13.52 1/4 CLOSE13.96 Up 19 3/4 CLOSE 13.59 3/4 Down 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV22+JAN23+JAN23 CK Low 4.70 18.66 685.64 4.20 17.80 653.95 CK High 4.80 18.76 689.31 4.35 17.95 659.46 CK Average 4.73 -0.41 18.69 686.79 4.29 -0.63 17.89 657.41 Essex Cty 4.75 18.71 687.47 4.20 17.80 653.95 Mdsx Low 4.70 18.66 685.64 4.10 17.70 650.27 Mdsx High 4.76 18.72 687.84 4.35 17.95 659.46 Mdsx Average4.73 -0.41 18.69 686.65 4.24 -0.67 17.84 655.32 Hensall 4.75 18.71 687.47 4.27 17.86 656.40 Bruce 4.70 18.66 685.64 4.30 17.90 657.62 Putnam 4.75 18.71 687.47 4.30 17.90 657.62 Burford 4.83 18.79 690.41 4.42 18.02 662.03 Port Perry 4.67 18.63 684.54 4.26 17.86 656.15 Norfolk 4.75 18.71 687.47 4.25 17.85 655.78 Palmerston 4.80 18.76 689.31 N/A Varna 4.75 18.71 687.47 4.25 17.85 655.78 Trenton 4.65 18.61 683.80 4.20 17.80 653.95 Winchester 4.85 18.81 691.15 4.35 17.95 659.46 North Gower 4.80 18.76 689.31 4.25 17.85 655.78 Vankleek Hil5.02 18.98 697.40 4.38 17.98 660.56 Huron FOB 4.90 5.02 4.95 4.81 18.86 692.99 N/A Kent FOB 4.70 18.66 685.64 4.25 17.85 655.78 Lambton FOB 5.01 18.97 697.03 N/A Mdsx FOB 5.21 5.19 N/A N/A 19.17 704.38 N/A PROCESSORS Windsor 5.25 19.21 705.85 4.54 18.14 666.44 TRANSFER Hamilton 5.40 19.36 711.36 4.75 18.35 674.16 Prescott 5.40 19.36 711.36 4.44 18.04 662.76 Port Colborn5.72 19.68 723.12 4.90 18.50 679.67 Toledo El. -0.34 13.62 500.27 -0.62 12.98 476.82 Exchange rate was 1.3793 up 0.0050 Chicago wheat closed moderately lower. DEC22 HI 9.03 3/4 JUL23 HI 9.11 LOW 8.76 1/4 LOW 8.89 1/2 CLOSE 8.82 1/4 Down 18 3/4 CLOSE 8.99 1/2 Down 11 3/4 Minni wheat closed moderately lower. DEC22 HI 9.89 SEP23 HI 9.55 1/2 LOW 9.61 3/4 LOW 9.41 1/4 CLOSE 9.66 3/4 Down 18 1/2 CLOSE 9.41 1/4 Down 12 3/4 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 1.70 N/A N/A N/A 2.10 N/A London 3.88 2.50 1.67 N/A 3.51 2.54 1.83 N/A Hensall 4.70 N/A 1.70 N/A 3.20 N/A 1.85 N/A Trenton N/A N/A N/A N/A N/A N/A 1.90 N/A Bruce 2.70 2.35 1.70 1.15 2.85 2.35 1.85 1.00 Essex N/A N/A 1.70 N/A N/A N/A 1.85 N/A Norwich 4.70 N/A 1.70 N/A 3.20 N/A 1.85 N/A Port Hope N/A N/A 1.55 N/A N/A N/A 1.85 N/A Kent Bridge 4.70 N/A 1.70 N/A 3.20 N/A 1.85 N/A Chatham N/A N/A 1.70 N/A N/A N/A 1.85 N/A Brigden N/A N/A 1.70 N/A N/A N/A 1.85 N/A Palmerston N/A 2.72 1.75 2.49 N/A N/A N/A N/A Varna 4.30 2.65 1.80 N/A 3.05 2.40 1.85 N/A Mitchell 4.70 2.45 1.70 N/A 3.20 2.40 1.85 N/A Thornton 3.88 2.50 1.67 2.64 3.51 2.54 1.83 N/A North Gower N/A 1.25 1.65 1.47 N/A 1.52 1.92 1.47 W O Feed 2.58 TERMINAL Port Colbor N/A N/A 2.15 N/A N/A N/A 2.12 N/A PROCESSORS Toledo FM N/A N/A 3.42 N/A N/A N/A 3.27 N/A Toledo El. 8.52US 11.76CA 8.90US 12.27CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 691.49 DDG's FOB Srn & Aylm 300.00 - 350.00