FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, May 3 Exchange rate was 1.2863 down 0.0052 Chicago soybeans closed slightly to moderately lower. JUL22 HI 16.62 3/4 NOV22 HI 15.03 1/4 LOW 16.29 LOW 14.76 1/4 CLOSE16.30 1/2 Down 14 3/4 CLOSE 14.78 1/4 Down 12 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 4.66 20.97 770.33 3.70 18.48 679.12 CK High 4.75 21.06 773.64 3.90 18.68 686.46 CK Average 4.70 0.03 21.01 771.85 3.75 -0.38 18.53 680.85 Essex Cty 4.70 21.01 771.80 3.70 18.48 679.12 Mdsx Low 4.64 20.95 769.60 3.70 18.48 679.12 Mdsx High 4.70 21.01 771.80 3.76 18.54 681.32 Mdsx Average4.68 0.01 20.99 771.07 3.74 -0.38 18.52 680.46 Hensall 4.73 21.04 773.03 3.77 18.55 681.57 Bruce 4.70 21.01 771.80 3.70 18.48 679.12 Putnam 4.70 21.01 771.80 3.70 18.48 679.12 Burford 4.70 21.01 771.80 3.82 18.60 683.52 Port Perry 4.55 20.86 766.29 3.67 18.45 678.01 Norfolk 4.70 21.01 771.80 3.75 18.53 680.95 Palmerston 4.65 20.96 769.96 3.71 18.49 679.48 Varna 4.70 21.01 771.80 3.80 18.58 682.79 Trenton 4.65 20.96 769.96 3.75 18.53 680.95 Winchester 4.70 21.01 771.80 3.90 18.68 686.46 North Gower 4.35 20.66 758.94 3.60 18.38 675.44 Vankleek Hil4.47 20.78 763.35 3.64 18.42 676.91 Huron FOB 4.79 4.89 4.89 5.07 21.10 775.11 3.70 18.48 679.12 Kent FOB 4.90 21.21 779.15 3.70 18.48 679.12 Lambton FOB 4.82 21.13 776.21 N/A Mdsx FOB 4.93 5.00 5.00 N/A 21.24 780.25 3.99 18.77 689.77 PROCESSORS Windsor 5.34 21.65 795.32 4.04 18.82 691.61 TRANSFER Hamilton 5.35 21.66 795.69 4.35 19.13 703.00 Prescott N/A 4.02 18.80 690.87 Port Colborn N/A 4.01 18.79 690.51 Toledo El. -0.06 16.24 596.74 -0.45 14.33 526.62 Exchange rate was 1.2863 down 0.0052 Chicago wheat closed slightly lower. JUL22 HI 10.68 3/4 SEP22 HI 10.71 LOW 10.44 LOW 10.47 1/2 CLOSE 10.45 1/2 Down 10 CLOSE 10.49 1/2 Down 8 3/4 Minni wheat closed slightly to moderately lower. JUL22 HI 11.80 1/2 SEP22 HI 11.70 LOW 11.54 1/4 LOW 11.47 1/4 CLOSE 11.55 1/2 Down 12 1/4 CLOSE 11.48 Down 8 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 2.10 N/A London 2.20 2.53 1.95 N/A 2.92 2.40 2.08 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 1.80 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 1.80 N/A N/A N/A 2.10 N/A Brigden N/A N/A 1.80 N/A N/A N/A 2.10 N/A Palmerston N/A 2.22 1.77 2.53 N/A 2.62 2.16 N/A Varna 2.05 2.55 1.80 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 2.53 1.95 1.49 2.92 2.40 2.08 N/A North Gower N/A N/A N/A N/A N/A N/A 1.95 N/A W O Feed 2.50 TERMINAL Port Colbor N/A N/A 2.40 N/A N/A N/A 2.48 N/A PROCESSORS Toledo FM N/A N/A 3.04 N/A N/A N/A 3.00 N/A Toledo El. 10.04US 12.91CA 10.26US 13.19CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 670.11 DDG's FOB Srn & Aylm 410.00