FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, February 23

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, February 23 Exchange rate was 1.274 down 0.0031 Chicago soybeans closed slightly higher to higher. MAR22 HI 16.79 1/2 NOV22 HI 14.88 LOW 16.36 1/2 LOW 14.69 1/4 CLOSE16.75 Up 40 CLOSE 14.87 1/2 Up 14 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR22+MAY22+MAY22 CK Low 3.94 20.69 760.23 3.30 18.18 667.82 CK High 4.05 20.80 764.27 3.35 18.23 669.65 CK Average 3.98 -0.48 20.73 761.59 3.34 -0.57 18.22 669.34 Essex Cty 3.95 20.70 760.59 3.30 18.18 667.82 Mdsx Low 3.93 20.68 759.86 3.30 18.18 667.82 Mdsx High 3.95 20.70 760.59 3.35 18.23 669.65 Mdsx Average3.94 -0.51 20.69 760.35 3.33 -0.58 18.20 668.80 Hensall 4.00 20.75 762.43 3.35 18.23 669.65 Bruce 3.95 20.70 760.59 3.35 18.23 669.65 Putnam 4.00 20.75 762.43 3.35 18.23 669.65 Burford 4.00 20.75 762.43 3.40 18.28 671.49 Port Perry 3.89 20.64 758.39 3.29 18.17 667.45 Norfolk 3.95 20.70 760.59 3.35 18.23 669.65 Palmerston 4.11 20.86 766.47 3.29 18.17 667.45 Varna 4.00 20.75 762.43 3.35 18.23 669.65 Trenton 3.95 20.70 760.59 3.30 18.18 667.82 Winchester 3.95 20.70 760.59 3.35 18.23 669.65 North Gower 3.85 20.60 756.92 3.30 18.18 667.82 Vankleek Hil4.06 20.81 764.64 3.52 18.40 675.90 Huron FOB 4.04 4.04 4.27 4.33 20.79 763.90 N/A Kent FOB 4.10 20.85 766.11 3.35 18.23 669.65 Lambton FOB 3.85 20.60 756.92 3.40 18.28 671.49 Mdsx FOB 3.93 3.99 4.30 N/A 20.68 759.86 3.52 18.40 675.90 PROCESSORS Windsor 4.68 21.43 787.42 3.64 18.52 680.31 TRANSFER Hamilton 4.35 21.10 775.29 3.85 18.73 688.03 Prescott N/A 3.73 18.61 683.62 Port Colborn4.34 21.09 774.92 3.93 18.81 690.97 Toledo El. -0.25 16.50 606.10 -0.45 14.43 530.19 Exchange rate was 1.274 down 0.0031 Chicago wheat closed higher. MAR22 HI 8.80 JUL22 HI 8.82 1/2 LOW 8.34 LOW 8.39 CLOSE 8.76 Up 31 3/4 CLOSE 8.78 3/4 Up 31 1/4 Minni wheat closed moderately higher to higher. MAR22 HI 10.03 3/4 SEP22 HI 9.78 1/2 LOW 9.76 LOW 9.50 1/2 CLOSE 10.01 Up 15 1/4 CLOSE 9.75 3/4 Up 19 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 1.30 N/A N/A N/A 1.60 N/A London 1.52 1.78 1.40 N/A 2.29 2.03 1.72 N/A Hensall 1.30 N/A 1.30 N/A 2.40 N/A 1.60 N/A Trenton N/A N/A N/A N/A N/A N/A 1.65 N/A Bruce 1.25 1.75 1.25 N/A 2.25 1.75 1.55 1.50 Essex N/A N/A 1.30 N/A N/A N/A 1.60 N/A Norwich 1.30 N/A 1.30 N/A 2.40 N/A 1.60 N/A Port Hope N/A N/A 1.30 N/A N/A N/A 1.60 N/A Kent Bridge 1.30 N/A 1.30 N/A 2.40 N/A 1.60 N/A Chatham N/A N/A 1.30 N/A N/A N/A 1.60 N/A Brigden N/A N/A 1.30 N/A N/A N/A 1.60 N/A Palmerston N/A 2.40 1.57 2.10 N/A N/A 1.72 1.71 Varna 1.55 2.05 1.30 N/A 2.40 1.90 1.60 N/A Mitchell 1.30 1.95 1.30 N/A 2.40 1.80 1.60 N/A Thornton 1.52 1.78 1.40 2.37 2.29 2.03 1.72 N/A North Gower N/A 0.95 1.30 1.07 N/A N/A 1.51 N/A W O Feed 2.33 TERMINAL Port Colbor N/A N/A 1.78 N/A N/A N/A 2.30 N/A PROCESSORS Toledo FM N/A N/A 2.78 N/A N/A N/A 2.53 N/A Toledo El. 8.61US 10.97CA 8.74US 11.13CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 700.09 DDG's FOB Srn & Aylm 350.00 - 360.00