FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, May 11

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, May 11 Exchange rate was 1.2974 down 0.0049 Chicago soybeans closed slightly to moderately higher. JUL22 HI 16.15 NOV22 HI 14.79 1/2 LOW 15.87 1/2 LOW 14.52 3/4 CLOSE16.06 3/4 Up 14 1/2 CLOSE 14.72 1/4 Up 17 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL22+JUL22+SEP22 CK Low 4.65 20.72 761.24 3.65 18.37 675.07 CK High 4.80 20.87 766.75 3.80 18.52 680.59 CK Average 4.74 -0.03 20.81 764.65 3.73 -0.50 18.45 677.96 Essex Cty 4.80 20.87 766.75 3.80 18.52 680.59 Mdsx Low 4.60 20.67 759.40 3.60 18.32 673.24 Mdsx High 4.80 20.87 766.75 3.80 18.52 680.59 Mdsx Average4.71 -0.06 20.77 763.32 3.71 -0.51 18.44 677.40 Hensall 4.75 20.82 764.91 3.75 18.47 678.75 Bruce 4.75 20.82 764.91 3.75 18.47 678.75 Putnam 4.75 20.82 764.91 3.75 18.47 678.75 Burford 4.78 20.85 766.01 3.80 18.52 680.59 Port Perry 4.63 20.70 760.50 3.65 18.37 675.07 Norfolk 4.80 20.87 766.75 3.85 18.57 682.42 Palmerston 4.69 20.76 762.71 3.77 18.49 679.48 Varna 4.65 20.72 761.24 3.70 18.42 676.91 Trenton 4.60 20.67 759.40 3.70 18.42 676.91 Winchester 4.64 20.71 760.87 3.66 18.38 675.44 North Gower 4.40 20.47 752.05 3.65 18.37 675.07 Vankleek Hil4.48 20.55 754.99 3.69 18.41 676.54 Huron FOB 4.71 4.81 4.87 5.08 20.78 763.44 3.72 18.44 677.65 Kent FOB 5.00 21.07 774.10 3.80 18.52 680.59 Lambton FOB 4.90 20.97 770.42 N/A Mdsx FOB 5.01 5.08 5.08 N/A 21.08 774.47 3.97 18.69 686.83 PROCESSORS Windsor 5.41 21.48 789.16 4.18 18.90 694.55 TRANSFER Hamilton 5.45 21.52 790.63 4.45 19.17 704.47 Prescott N/A 4.18 18.90 694.55 Port Colborn N/A 4.09 18.81 691.24 Toledo El. 0.06 16.13 592.76 -0.45 14.27 524.27 Exchange rate was 1.2974 down 0.0049 Chicago wheat closed moderately higher. JUL22 HI 11.26 1/2 SEP22 HI 11.29 3/4 LOW 10.94 1/4 LOW 10.97 1/4 CLOSE 11.13 Up 20 1/4 CLOSE 11.17 1/4 Up 20 3/4 Minni wheat closed higher. JUL22 HI 12.58 SEP22 HI 12.53 1/4 LOW 12.13 1/2 LOW 12.14 3/4 CLOSE 12.56 Up 42 1/2 CLOSE 12.51 3/4 Up 38 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 2.25 N/A London 2.45 2.77 2.19 N/A 3.19 2.73 2.34 N/A Hensall 2.00 N/A 2.00 N/A 3.25 N/A 2.25 N/A Trenton N/A N/A N/A N/A N/A N/A 2.10 N/A Bruce N/A N/A 2.00 N/A 3.15 2.55 2.25 1.40 Essex N/A N/A 2.10 N/A N/A N/A 2.30 N/A Norwich 2.00 N/A 2.00 N/A 3.25 N/A 2.25 N/A Port Hope N/A N/A N/A N/A N/A N/A 2.25 N/A Kent Bridge 2.00 N/A 2.00 N/A 3.25 N/A 2.25 N/A Chatham N/A N/A 2.10 N/A N/A N/A 2.30 N/A Brigden N/A N/A 2.10 N/A N/A N/A 2.30 N/A Palmerston N/A 2.56 2.10 2.96 N/A 2.96 2.51 N/A Varna 2.20 2.70 1.95 N/A 3.10 2.55 2.20 N/A Mitchell 2.00 2.65 2.00 N/A 3.25 2.55 2.25 N/A Thornton 2.45 2.77 2.19 1.41 3.19 2.73 2.34 N/A North Gower N/A N/A N/A N/A N/A N/A 2.05 N/A W O Feed 2.90 TERMINAL Port Colbor N/A N/A 2.65 N/A N/A N/A 2.74 N/A PROCESSORS Toledo FM N/A N/A 3.36 N/A N/A N/A 3.32 N/A Toledo El. 10.79US 14.00CA 10.93US 14.18CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 634.83 DDG's FOB Srn & Aylm 410.00 - 415.00