FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, May 6

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, May 6 Exchange rate was 1.2908 up 0.0051 Chicago soybeans closed moderately lower. JUL22 HI 16.50 NOV22 HI 14.93 LOW 16.18 LOW 14.66 CLOSE16.22 Down 25 CLOSE 14.70 3/4 Down 21 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL22+JUL22+SEP22 CK Low 4.55 20.77 763.17 3.60 18.31 672.69 CK High 4.60 20.82 765.00 3.61 18.32 673.05 CK Average 4.59 -0.10 20.81 764.53 3.60 -0.52 18.31 672.74 Essex Cty 4.60 20.82 765.00 3.60 18.31 672.69 Mdsx Low 4.57 20.79 763.90 3.60 18.31 672.69 Mdsx High 4.60 20.82 765.00 3.65 18.36 674.52 Mdsx Average4.59 -0.10 20.81 764.64 3.62 -0.51 18.33 673.54 Hensall 4.60 20.82 765.00 3.65 18.36 674.52 Bruce 4.60 20.82 765.00 3.60 18.31 672.69 Putnam 4.60 20.82 765.00 3.65 18.36 674.52 Burford 4.63 20.85 766.11 3.68 18.39 675.62 Port Perry 4.48 20.70 760.59 3.53 18.24 670.11 Norfolk 4.60 20.82 765.00 3.65 18.36 674.52 Palmerston 4.70 20.92 768.68 3.76 18.47 678.56 Varna 4.60 20.82 765.00 3.65 18.36 674.52 Trenton 4.55 20.77 763.17 3.65 18.36 674.52 Winchester 4.40 20.62 757.66 3.70 18.41 676.36 North Gower 4.35 20.57 755.82 3.60 18.31 672.69 Vankleek Hil4.35 20.57 755.82 3.54 18.25 670.48 Huron FOB 4.65 4.75 4.81 4.98 20.87 766.84 3.62 18.33 673.42 Kent FOB 4.80 21.02 772.35 3.60 18.31 672.69 Lambton FOB 4.77 20.99 771.25 N/A Mdsx FOB 4.93 4.99 4.99 N/A 21.15 777.13 3.85 18.56 681.87 PROCESSORS Windsor 5.33 21.55 791.83 4.04 18.75 688.85 TRANSFER Hamilton 5.25 21.47 788.89 4.25 18.96 696.57 Prescott N/A 4.03 18.74 688.49 Port Colborn N/A 3.97 18.68 686.28 Toledo El. -0.06 16.16 593.61 -0.45 14.26 523.81 Exchange rate was 1.2908 up 0.0051 Chicago wheat closed mixed. JUL22 HI 11.27 1/2 SEP22 HI 11.28 1/2 LOW 10.87 3/4 LOW 10.89 1/4 CLOSE 11.08 1/2 Up 2 CLOSE 11.09 3/4 Up 2 1/2 Minni wheat closed narrowly mixed. JUL22 HI 12.23 SEP22 HI 12.18 3/4 LOW 11.98 LOW 11.95 CLOSE 12.08 3/4 Down 1 CLOSE 12.06 1/4 Up 1/4 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 2.32 2.65 2.07 N/A 3.09 2.64 2.25 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 2.43 1.98 2.72 N/A 2.82 2.37 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 2.32 2.65 2.07 1.71 3.09 2.64 2.25 N/A North Gower N/A N/A N/A N/A N/A N/A 1.95 N/A W O Feed 2.74 TERMINAL Port Colbor N/A N/A 2.52 N/A N/A N/A 2.64 N/A PROCESSORS Toledo FM N/A N/A 3.24 N/A N/A N/A 3.23 N/A Toledo El. 10.67US 13.77CA 10.89US 14.05CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 658.75 DDG's FOB Srn & Aylm 410.00