FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, February 25

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, February 25 Exchange rate was 1.2725 down 0.0089 Chicago soybeans closed moderately to sharply lower. MAY22 HI 16.70 NOV22 HI 14.80 LOW 15.79 LOW 14.03 CLOSE15.84 1/2 Down 69 1/2 CLOSE 14.15 Down 36 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAY22+MAY22+MAY22 CK Low 4.00 19.85 729.18 3.20 17.35 637.50 CK High 4.10 19.95 732.85 3.40 17.55 644.85 CK Average 4.06 -0.20 19.91 731.38 3.29 -0.44 17.44 640.65 Essex Cty 4.00 19.85 729.18 3.20 17.35 637.50 Mdsx Low 4.00 19.85 729.18 3.24 17.39 638.97 Mdsx High 4.10 19.95 732.85 3.35 17.50 643.01 Mdsx Average4.04 -0.22 19.88 730.53 3.28 -0.45 17.43 640.44 Hensall 4.10 19.95 732.85 3.33 17.48 642.40 Bruce 4.01 19.86 729.55 3.30 17.45 641.18 Putnam 4.10 19.95 732.85 3.30 17.45 641.18 Burford 4.08 19.93 732.12 3.31 17.46 641.55 Port Perry 3.97 19.82 728.08 3.20 17.35 637.50 Norfolk 4.00 19.85 729.18 3.25 17.40 639.34 Palmerston 3.92 19.77 726.24 3.24 17.39 638.97 Varna 4.06 19.91 731.38 3.35 17.50 643.01 Trenton 4.05 19.90 731.02 3.30 17.45 641.18 Winchester 4.11 19.96 733.22 3.29 17.44 640.81 North Gower 3.91 19.76 725.87 3.30 17.45 641.18 Vankleek Hil4.29 20.14 739.83 3.25 17.40 639.34 Huron FOB 3.79 3.79 3.90 3.96 19.64 721.46 N/A Kent FOB 4.10 19.95 732.85 3.25 17.40 639.34 Lambton FOB 4.16 20.01 735.06 3.60 17.75 652.20 Mdsx FOB 3.88 4.01 4.32 N/A 19.73 724.77 3.43 17.58 645.95 PROCESSORS Windsor 4.68 20.53 754.16 3.48 17.63 647.79 TRANSFER Hamilton 4.35 20.20 742.04 3.75 17.90 657.71 Prescott N/A 3.70 17.85 655.88 Port Colborn4.29 20.14 739.83 3.84 17.99 661.02 Toledo El. -0.32 15.53 570.51 -0.45 13.70 503.56 Exchange rate was 1.2725 down 0.0089 Chicago wheat closed lower to sharply lower. MAR22 HI 9.51 1/4 JUL22 HI 9.42 3/4 LOW 8.41 1/2 LOW 8.50 CLOSE 8.43 Down 83 CLOSE 8.50 Down 75 Minni wheat closed sharply lower. MAR22 HI 10.34 SEP22 HI 9.84 1/2 LOW 9.43 LOW 9.21 3/4 CLOSE 9.52 1/4 Down 77 3/4 CLOSE 9.21 3/4 Down 60 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 1.67 1.93 1.22 N/A 2.46 2.01 1.50 N/A Hensall 1.47 N/A 1.47 N/A 2.40 N/A 1.60 N/A Trenton N/A N/A N/A N/A N/A N/A 1.50 N/A Bruce 1.30 1.80 1.30 N/A 2.40 1.80 1.60 1.50 Essex N/A N/A 1.30 N/A N/A N/A 1.60 N/A Norwich 1.47 N/A 1.47 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 1.47 N/A 1.47 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 2.32 1.24 1.96 N/A N/A 1.50 1.57 Varna 1.55 2.05 1.30 N/A 2.40 1.90 1.60 N/A Mitchell 1.47 2.12 1.47 N/A 2.40 1.80 1.60 N/A Thornton 1.67 1.93 1.22 2.69 2.46 2.01 1.50 N/A North Gower N/A 0.95 1.30 1.07 N/A N/A 1.44 N/A W O Feed 2.29 TERMINAL Port Colbor N/A N/A 1.72 N/A N/A N/A 2.00 N/A PROCESSORS Toledo FM N/A N/A 2.68 N/A N/A N/A 2.44 N/A Toledo El. 8.28US 10.54CA 8.45US 10.75CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 683.78 DDG's FOB Srn & Aylm 350.00 - 360.00