FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, January 7

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, January 7 Exchange rate was 1.2638 down 0.0090 Chicago soybeans closed slightly to moderately higher. MAR22 HI 14.15 NOV22 HI 13.22 1/2 LOW 13.76 LOW 12.97 3/4 CLOSE14.10 1/4 Up 23 CLOSE 13.21 3/4 Up 15 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR22+MAR22+MAY22 CK Low 3.28 17.38 638.70 2.75 15.97 586.71 CK High 3.40 17.50 643.11 2.90 16.12 592.22 CK Average 3.35 -0.30 17.45 641.16 2.84 -0.52 16.05 589.85 Essex Cty 3.30 17.40 639.43 2.80 16.02 588.54 Mdsx Low 3.30 17.40 639.43 2.79 16.01 588.17 Mdsx High 3.40 17.50 643.11 2.85 16.07 590.38 Mdsx Average3.34 -0.30 17.44 640.90 2.81 -0.54 16.03 589.03 Hensall 3.40 17.50 643.11 2.85 16.07 590.38 Bruce 3.30 17.40 639.43 2.85 16.07 590.38 Putnam 3.40 17.50 643.11 2.85 16.07 590.38 Burford 3.39 17.49 642.74 2.86 16.08 590.75 Port Perry 3.27 17.37 638.33 2.74 15.96 586.34 Norfolk 3.30 17.40 639.43 2.80 16.02 588.54 Palmerston 3.27 17.37 638.33 2.75 15.97 586.71 Varna 3.40 17.50 643.11 2.85 16.07 590.38 Trenton 3.35 17.45 641.27 2.85 16.07 590.38 Winchester 3.36 17.46 641.64 2.88 16.10 591.48 North Gower 3.10 17.20 632.08 3.00 16.22 595.89 Vankleek Hil3.74 17.84 655.60 2.98 16.20 595.16 Huron FOB 3.44 3.57 3.57 3.68 17.54 644.58 N/A Kent FOB 3.50 17.60 646.78 2.80 16.02 588.54 Lambton FOB 3.55 17.65 648.62 2.85 16.07 590.38 Mdsx FOB 3.57 3.57 3.64 3.57 17.67 649.35 2.91 16.13 592.58 PROCESSORS Windsor 3.99 18.09 664.79 3.09 16.31 599.20 TRANSFER Hamilton 3.90 18.00 661.48 3.25 16.47 605.08 Prescott N/A 3.33 16.55 608.02 Port Colborn3.73 17.83 655.23 3.32 16.54 607.65 Toledo El. -0.25 13.85 508.89 -0.51 12.71 467.08 Exchange rate was 1.2638 down 0.0090 Chicago wheat closed moderately higher. MAR22 HI 7.60 3/4 JUL22 HI 7.59 LOW 7.35 1/2 LOW 7.36 3/4 CLOSE 7.58 1/2 Up 12 1/2 CLOSE 7.57 Up 8 1/4 Minni wheat closed narrowly mixed. MAR22 HI 9.27 3/4 SEP22 HI 8.83 3/4 LOW 9.05 3/4 LOW 8.64 1/2 CLOSE 9.23 1/4 Down 1/2 CLOSE 8.79 1/2 Up 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 1.25 N/A N/A N/A 1.65 N/A London 0.97 1.35 0.91 N/A 1.55 1.55 1.42 N/A Hensall 1.25 N/A 1.25 N/A 2.25 N/A 1.65 N/A Trenton N/A N/A N/A N/A N/A N/A 1.65 N/A Bruce 1.20 1.45 1.20 N/A 2.20 1.85 1.65 1.50 Essex N/A N/A 1.05 N/A N/A N/A 1.45 N/A Norwich 1.25 N/A 1.25 N/A 2.25 N/A 1.65 N/A Port Hope N/A N/A 1.25 N/A N/A N/A 1.65 N/A Kent Bridge 1.25 N/A 1.25 N/A 2.25 N/A 1.65 N/A Chatham N/A N/A 1.05 N/A N/A N/A 1.45 N/A Brigden N/A N/A 1.05 N/A N/A N/A 1.45 N/A Palmerston N/A N/A 0.93 1.55 N/A N/A 1.46 1.38 Varna 1.50 2.00 1.25 N/A 2.30 1.85 1.65 N/A Mitchell 1.25 1.85 1.25 N/A 2.25 1.85 1.65 N/A Thornton 0.97 1.35 0.91 1.67 1.55 1.55 1.42 N/A North Gower N/A 1.05 1.45 1.17 N/A N/A 1.77 N/A W O Feed 1.94 TERMINAL Port Colbor N/A N/A 1.49 N/A N/A N/A 1.75 N/A PROCESSORS Toledo FM N/A N/A 2.38 N/A N/A N/A 2.13 N/A Toledo El. 7.44US 9.40CA 7.52US 9.51CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 628.33 DDG's FOB Srn & Aylm 295.00 - 300.00