FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, May 17

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, May 17 Exchange rate was 1.285 up 0.0002 Chicago soybeans closed slightly to moderately higher. JUL22 HI 16.84 1/4 NOV22 HI 15.30 3/4 LOW 16.45 1/4 LOW 15.00 1/2 CLOSE16.78 Up 21 1/2 CLOSE 15.25 1/2 Up 13 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 4.45 21.23 780.07 3.65 18.91 694.64 CK High 4.85 21.63 794.77 3.85 19.11 701.99 CK Average 4.71 -0.06 21.49 789.57 3.73 -0.48 18.99 697.74 Essex Cty 4.75 21.53 791.09 3.75 19.01 698.31 Mdsx Low 4.70 21.48 789.25 3.65 18.91 694.64 Mdsx High 4.78 21.56 792.19 3.75 19.01 698.31 Mdsx Average4.74 -0.03 21.52 790.85 3.70 -0.50 18.96 696.60 Hensall 4.70 21.48 789.25 3.67 18.92 695.25 Bruce 4.70 21.48 789.25 3.65 18.91 694.64 Putnam 4.70 21.48 789.25 3.70 18.96 696.48 Burford 4.84 21.62 794.40 3.77 19.03 699.05 Port Perry 4.69 21.47 788.89 3.62 18.88 693.54 Norfolk 4.75 21.53 791.09 3.80 19.06 700.15 Palmerston 4.91 21.69 796.97 3.84 19.10 701.62 Varna 4.70 21.48 789.25 3.65 18.91 694.64 Trenton 4.50 21.28 781.91 3.75 19.01 698.31 Winchester 4.43 21.21 779.33 3.77 19.03 699.05 North Gower 4.70 21.48 789.25 3.80 19.06 700.15 Vankleek Hil4.41 21.19 778.60 3.63 18.89 693.90 Huron FOB 4.58 4.75 4.87 5.06 21.36 784.85 3.77 19.03 699.05 Kent FOB 4.95 21.73 798.44 3.75 19.01 698.31 Lambton FOB 4.90 21.68 796.60 N/A Mdsx FOB 4.94 5.01 5.07 N/A 21.72 798.07 3.94 19.20 705.30 PROCESSORS Windsor 5.57 22.35 821.22 4.12 19.38 711.91 TRANSFER Hamilton 5.40 22.18 814.98 4.40 19.66 722.20 Prescott N/A 4.14 19.40 712.64 Port Colborn N/A 4.06 19.32 709.70 Toledo El. 0.06 16.84 618.92 -0.45 14.81 544.00 Exchange rate was 1.285 up 0.0002 Chicago wheat closed higher. JUL22 HI 12.84 SEP22 HI 12.85 LOW 12.00 3/4 LOW 12.03 3/4 CLOSE 12.77 1/2 Up 30 CLOSE 12.78 3/4 Up 27 3/4 Minni wheat closed slightly higher. JUL22 HI 14.12 3/4 SEP22 HI 14.06 1/2 LOW 13.40 LOW 13.32 CLOSE 13.93 1/2 Up 8 1/2 CLOSE 13.89 1/2 Up 10 3/4 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 2.30 N/A London 2.68 2.74 2.16 N/A 3.31 2.60 2.21 N/A Hensall 2.10 N/A 2.10 N/A 3.30 N/A 2.30 N/A Trenton N/A N/A N/A N/A N/A N/A 2.25 N/A Bruce N/A N/A 2.10 N/A 3.25 2.55 2.30 1.40 Essex N/A N/A 2.35 N/A N/A N/A 2.45 N/A Norwich 2.10 N/A 2.10 N/A 3.30 N/A 2.30 N/A Port Hope N/A N/A N/A N/A N/A N/A 2.30 N/A Kent Bridge 2.10 N/A 2.10 N/A 3.30 N/A 2.30 N/A Chatham N/A N/A 2.35 N/A N/A N/A 2.45 N/A Brigden N/A N/A 2.35 N/A N/A N/A 2.45 N/A Palmerston N/A 2.87 2.41 3.19 N/A 3.26 2.55 N/A Varna 2.35 2.85 2.10 N/A 3.20 2.65 2.30 N/A Mitchell 2.10 2.80 2.10 N/A 3.30 2.65 2.30 N/A Thornton 2.68 2.74 2.16 2.16 3.31 2.60 2.21 N/A North Gower N/A N/A N/A N/A N/A N/A 2.25 N/A W O Feed 3.08 TERMINAL Port Colbor N/A N/A 2.62 N/A N/A N/A 2.61 N/A PROCESSORS Toledo FM N/A N/A 3.65 N/A N/A N/A 3.64 N/A Toledo El. 12.63US 16.22CA 12.63US 16.23CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 646.85 DDG's FOB Srn & Aylm 405.00 - 410.00