FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, February 28

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, February 28 Exchange rate was 1.2694 down 0.0031 Chicago soybeans closed moderately higher to higher. MAY22 HI 16.55 NOV22 HI 14.61 3/4 LOW 16.13 LOW 14.28 3/4 CLOSE16.36 3/4 Up 52 1/4 CLOSE 14.35 3/4 Up 20 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAY22+MAY22+JUL22 CK Low 3.96 20.33 746.91 3.20 17.56 645.13 CK High 4.05 20.42 750.21 3.30 17.66 648.80 CK Average 4.00 -0.32 20.37 748.43 3.26 -0.48 17.61 647.23 Essex Cty 4.00 20.37 748.38 3.20 17.56 645.13 Mdsx Low 3.95 20.32 746.54 3.24 17.60 646.60 Mdsx High 4.00 20.37 748.38 3.35 17.71 650.64 Mdsx Average3.98 -0.34 20.34 747.46 3.28 -0.46 17.64 648.07 Hensall 4.00 20.37 748.38 3.25 17.61 646.96 Bruce 4.00 20.37 748.38 3.25 17.61 646.96 Putnam 4.00 20.37 748.38 3.25 17.61 646.96 Burford 4.02 20.39 749.11 3.31 17.67 649.17 Port Perry 3.91 20.28 745.07 3.20 17.56 645.13 Norfolk 4.00 20.37 748.38 3.25 17.61 646.96 Palmerston 4.00 20.37 748.38 3.29 17.65 648.43 Varna 4.00 20.37 748.38 3.25 17.61 646.96 Trenton 4.05 20.42 750.21 3.30 17.66 648.80 Winchester 4.11 20.48 752.42 3.29 17.65 648.43 North Gower 3.95 20.32 746.54 3.25 17.61 646.96 Vankleek Hil N/A 3.39 17.75 652.11 Huron FOB 4.18 4.18 4.19 4.22 20.55 754.99 N/A Kent FOB 4.20 20.57 755.73 3.25 17.61 646.96 Lambton FOB 3.75 20.12 739.19 3.25 17.61 646.96 Mdsx FOB 3.95 4.27 N/A N/A 20.32 746.54 3.37 17.73 651.37 PROCESSORS Windsor 4.75 21.12 775.94 3.60 17.96 659.83 TRANSFER Hamilton 4.35 20.72 761.24 3.75 18.11 665.34 Prescott N/A 3.65 18.01 661.66 Port Colborn4.23 20.60 756.83 3.78 18.14 666.44 Toledo El. -0.32 16.05 589.74 -0.44 13.91 511.22 Exchange rate was 1.2694 down 0.0031 Chicago wheat closed higher to sharply higher. MAY22 HI 9.34 3/4 JUL22 HI 9.24 1/2 LOW 8.85 1/2 LOW 8.79 1/2 CLOSE 9.34 Up 74 1/4 CLOSE 9.17 Up 67 Minni wheat closed higher. MAY22 HI 10.17 3/4 SEP22 HI 9.70 LOW 9.70 1/4 LOW 9.33 1/4 CLOSE 9.94 Up 33 3/4 CLOSE 9.56 1/4 Up 34 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 1.30 N/A N/A N/A 1.60 N/A London 1.61 1.86 1.16 N/A 2.41 1.97 1.46 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 1.50 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 1.30 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 2.45 1.37 2.08 N/A N/A 1.64 1.64 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 1.61 1.86 1.16 3.11 2.41 1.97 1.46 N/A North Gower N/A 0.90 1.25 1.02 N/A N/A 1.43 N/A W O Feed 2.43 TERMINAL Port Colbor N/A N/A 1.63 N/A N/A N/A 2.00 N/A PROCESSORS Toledo FM N/A N/A 2.90 N/A N/A N/A 2.60 N/A Toledo El. 9.24US 11.73CA 9.12US 11.58CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 691.05 DDG's FOB Srn & Aylm 350.00 - 370.00