FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, June 16

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, June 16 Exchange rate was 1.2912 down 0.0061 Chicago soybeans closed slightly to moderately higher. AUG22 HI 16.35 NOV22 HI 15.49 1/2 LOW 16.09 1/4 LOW 15.20 1/2 CLOSE16.30 3/4 Up 17 CLOSE 15.43 1/4 Up 19 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +AUG22+AUG22+NOV22 CK Low 5.05 21.36 784.75 3.82 19.25 707.41 CK High 5.55 21.86 803.13 4.00 19.43 714.02 CK Average 5.46 0.55 21.77 799.98 3.90 -0.46 19.33 710.19 Essex Cty 5.55 21.86 803.13 3.85 19.28 708.51 Mdsx Low 5.45 21.76 799.45 3.84 19.27 708.14 Mdsx High 5.55 21.86 803.13 3.90 19.33 710.35 Mdsx Average5.49 0.57 21.80 800.92 3.86 -0.49 19.30 709.00 Hensall 5.55 21.86 803.13 3.92 19.35 710.96 Bruce 5.55 21.86 803.13 3.90 19.33 710.35 Putnam 5.55 21.86 803.13 3.95 19.38 712.18 Burford 5.53 21.84 802.39 3.90 19.33 710.35 Port Perry 5.38 21.69 796.88 3.75 19.18 704.84 Norfolk 5.55 21.86 803.13 3.95 19.38 712.18 Palmerston 5.20 21.51 790.27 3.86 19.29 708.88 Varna 5.55 21.86 803.13 3.90 19.33 710.35 Trenton N/A 3.95 19.38 712.18 Winchester 5.00 21.31 782.92 3.97 19.40 712.92 North Gower 5.00 21.31 782.92 3.85 19.28 708.51 Vankleek Hil3.81 20.12 739.19 3.76 19.19 705.20 Huron FOB 5.52 5.65 5.72 3.91 21.83 802.02 3.91 19.34 710.72 Kent FOB 5.55 21.86 803.13 3.90 19.33 710.35 Lambton FOB N/A N/A Mdsx FOB 5.57 5.89 5.89 N/A 21.88 803.86 4.27 19.70 723.94 PROCESSORS Windsor 6.03 22.34 820.76 4.29 19.72 724.68 TRANSFER Hamilton 6.05 22.36 821.50 4.60 20.03 736.07 Prescott N/A 4.36 19.79 727.25 Port Colborn N/A 4.71 20.14 740.11 Toledo El. 1.10 17.40 639.52 -0.45 14.98 550.44 Exchange rate was 1.2912 down 0.0061 Chicago wheat closed moderately higher to higher. JUL22 HI 10.84 3/4 SEP22 HI 10.96 1/2 LOW 10.47 LOW 10.60 CLOSE 10.78 1/4 Up 28 1/4 CLOSE 10.90 1/2 Up 27 Minni wheat closed slightly higher. JUL22 HI 12.18 1/4 SEP22 HI 12.18 3/4 LOW 11.99 LOW 12.00 CLOSE 12.09 Up 7 3/4 CLOSE 12.09 1/2 Up 8 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 2.00 N/A London 2.15 2.87 2.02 N/A 3.16 2.52 2.06 N/A Hensall 1.95 N/A 1.95 N/A 3.10 N/A 2.05 N/A Trenton N/A N/A N/A N/A N/A N/A 2.05 N/A Bruce 1.95 2.40 1.95 N/A 2.95 2.40 2.05 1.50 Essex N/A N/A 1.95 N/A N/A N/A 2.10 N/A Norwich 1.95 N/A 1.95 N/A 3.10 N/A 2.05 N/A Port Hope N/A N/A N/A N/A N/A N/A 1.90 N/A Kent Bridge 1.95 N/A 1.95 N/A 3.10 N/A 2.05 N/A Chatham N/A N/A 1.95 N/A N/A N/A 2.10 N/A Brigden N/A N/A 1.95 N/A N/A N/A 2.10 N/A Palmerston N/A 2.89 2.31 2.75 N/A 2.92 2.34 N/A Varna 2.15 2.65 1.95 N/A 2.95 2.40 2.05 N/A Mitchell 1.95 2.60 1.95 N/A 3.10 2.40 2.05 N/A Thornton 2.15 2.87 2.02 N/A 3.16 2.52 2.06 2.53 North Gower N/A N/A N/A N/A N/A N/A 2.05 N/A W O Feed 2.73 TERMINAL Port Colbor N/A N/A 2.55 N/A N/A N/A 2.52 N/A PROCESSORS Toledo FM N/A N/A 3.29 N/A N/A N/A 3.18 N/A Toledo El. 10.63US 13.73CA 10.64US 13.73CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 689.73 DDG's FOB Srn & Aylm 340.00 - 380.00