FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, May 5 Exchange rate was 1.2857 up 0.0066 Chicago soybeans closed slightly higher. JUL22 HI 16.67 NOV22 HI 15.06 3/4 LOW 16.40 LOW 14.83 3/4 CLOSE16.47 Up 6 1/2 CLOSE 14.91 3/4 Up 5 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 4.54 21.01 771.99 3.54 18.46 678.20 CK High 4.60 21.07 774.19 3.60 18.52 680.40 CK Average 4.56 -0.12 21.03 772.56 3.56 -0.55 18.48 679.04 Essex Cty 4.55 21.02 772.35 3.55 18.47 678.56 Mdsx Low 4.55 21.02 772.35 3.55 18.47 678.56 Mdsx High 4.60 21.07 774.19 3.65 18.57 682.24 Mdsx Average4.57 -0.11 21.04 772.97 3.58 -0.53 18.50 679.79 Hensall 4.58 21.05 773.58 3.63 18.55 681.63 Bruce 4.55 21.02 772.35 3.55 18.47 678.56 Putnam 4.55 21.02 772.35 3.60 18.52 680.40 Burford 4.61 21.08 774.56 3.61 18.53 680.77 Port Perry 4.46 20.93 769.05 3.46 18.38 675.26 Norfolk 4.55 21.02 772.35 3.60 18.52 680.40 Palmerston 4.70 21.17 777.86 3.74 18.66 685.55 Varna 4.65 21.12 776.03 3.70 18.62 684.08 Trenton 4.55 21.02 772.35 3.65 18.57 682.24 Winchester 4.40 20.87 766.84 3.70 18.62 684.08 North Gower 4.35 20.82 765.00 3.60 18.52 680.40 Vankleek Hil4.40 20.87 766.84 3.58 18.50 679.67 Huron FOB 4.59 4.69 4.76 4.92 21.06 773.82 3.66 18.58 682.61 Kent FOB 4.75 21.22 779.70 3.55 18.47 678.56 Lambton FOB 4.77 21.24 780.44 N/A Mdsx FOB 4.85 4.91 4.91 N/A 21.32 783.38 3.76 18.68 686.28 PROCESSORS Windsor 5.29 21.76 799.54 4.00 18.92 695.10 TRANSFER Hamilton 5.20 21.67 796.24 4.20 19.12 702.45 Prescott N/A 4.07 18.99 697.67 Port Colborn N/A 3.89 18.81 691.06 Toledo El. -0.06 16.41 602.81 -0.45 14.47 531.59 Exchange rate was 1.2857 up 0.0066 Chicago wheat closed moderately higher to higher. JUL22 HI 11.21 3/4 SEP22 HI 11.20 1/2 LOW 10.77 1/4 LOW 10.79 1/2 CLOSE 11.06 1/2 Up 30 CLOSE 11.07 1/4 Up 28 Minni wheat closed higher. JUL22 HI 12.10 1/2 SEP22 HI 12.06 3/4 LOW 11.76 1/4 LOW 11.71 1/4 CLOSE 12.09 3/4 Up 32 1/2 CLOSE 12.06 Up 33 3/4 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 2.21 2.53 1.96 N/A 2.97 2.52 2.14 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 2.40 1.95 2.67 N/A 2.78 2.33 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 2.21 2.53 1.96 1.57 2.97 2.52 2.14 N/A North Gower N/A N/A N/A N/A N/A N/A 1.95 N/A W O Feed 2.67 TERMINAL Port Colbor N/A N/A 2.41 N/A N/A N/A 2.53 N/A PROCESSORS Toledo FM N/A N/A 3.18 N/A N/A N/A 3.17 N/A Toledo El. 10.67US 13.72CA 10.86US 13.97CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 665.70 DDG's FOB Srn & Aylm 410.00