FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, May 9

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, May 9 Exchange rate was 1.2998 up 0.0090 Chicago soybeans closed moderately lower to lower. JUL22 HI 16.26 NOV22 HI 14.72 1/4 LOW 15.78 LOW 14.38 1/4 CLOSE15.85 1/4 Down 36 3/4 CLOSE 14.46 3/4 Down 24 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 20.40 749.66 3.60 18.07 663.87 CK High 4.65 20.50 753.34 3.65 18.12 665.70 CK Average 4.63 -0.10 20.48 752.55 3.63 -0.54 18.10 665.07 Essex Cty 4.65 20.50 753.34 3.65 18.12 665.70 Mdsx Low 4.60 20.45 751.50 3.60 18.07 663.87 Mdsx High 4.66 20.51 753.71 3.65 18.12 665.70 Mdsx Average4.64 -0.09 20.49 752.85 3.63 -0.54 18.10 664.97 Hensall 4.62 20.47 752.11 3.67 18.13 666.32 Bruce 4.60 20.45 751.50 3.65 18.12 665.70 Putnam 4.65 20.50 753.34 3.70 18.17 667.54 Burford 4.72 20.57 755.91 3.70 18.17 667.54 Port Perry 4.57 20.42 750.40 3.55 18.02 662.03 Norfolk 4.65 20.50 753.34 3.70 18.17 667.54 Palmerston 4.62 20.47 752.24 3.68 18.15 666.81 Varna 4.60 20.45 751.50 3.65 18.12 665.70 Trenton 4.60 20.45 751.50 3.70 18.17 667.54 Winchester 4.54 20.39 749.30 3.60 18.07 663.87 North Gower 4.40 20.25 744.15 3.65 18.12 665.70 Vankleek Hil4.41 20.26 744.52 3.59 18.06 663.50 Huron FOB 4.68 4.78 4.84 5.01 20.53 754.44 3.65 18.12 665.70 Kent FOB 4.85 20.70 760.69 3.65 18.12 665.70 Lambton FOB 4.80 20.65 758.85 N/A Mdsx FOB 4.96 5.02 5.02 N/A 20.81 764.73 3.87 18.34 673.79 PROCESSORS Windsor 5.33 21.18 778.32 4.08 18.55 681.50 TRANSFER Hamilton 5.30 21.15 777.22 4.30 18.77 689.59 Prescott N/A 4.08 18.55 681.50 Port Colborn N/A 4.00 18.47 678.56 Toledo El. -0.06 15.79 580.09 -0.45 14.01 514.87 Exchange rate was 1.2998 up 0.0090 Chicago wheat closed slightly to moderately lower. JUL22 HI 11.35 SEP22 HI 11.35 LOW 10.90 LOW 10.92 1/4 CLOSE 10.92 3/4 Down 15 3/4 CLOSE 10.95 1/2 Down 14 1/4 Minni wheat closed slightly lower. JUL22 HI 12.34 3/4 SEP22 HI 12.31 1/4 LOW 12.02 1/2 LOW 12.00 CLOSE 12.06 3/4 Down 2 CLOSE 12.04 3/4 Down 1 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 N/A N/A N/A N/A 2.10 N/A London 2.42 2.74 2.16 N/A 3.16 2.71 2.32 N/A Hensall 1.85 N/A 1.85 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 1.85 N/A 1.85 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 1.85 N/A 1.85 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 2.51 2.05 2.84 N/A 2.91 2.45 N/A Varna 2.10 2.60 1.85 N/A 3.00 2.45 2.10 N/A Mitchell 1.85 2.55 1.85 N/A 3.10 2.45 2.10 N/A Thornton 2.42 2.74 2.16 1.66 3.16 2.71 2.32 N/A North Gower N/A N/A N/A N/A N/A N/A 2.05 N/A W O Feed 2.82 TERMINAL Port Colbor N/A N/A 2.62 N/A N/A N/A 2.71 N/A PROCESSORS Toledo FM N/A N/A 3.32 N/A N/A N/A 3.28 N/A Toledo El. 10.53US 13.68CA 10.73US 13.94CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 640.23 DDG's FOB Srn & Aylm 410.00 - 415.00