FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, July 8

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, July 8 Exchange rate was 1.2957 down 0.0028 Chicago soybeans closed moderately higher to higher. AUG22 HI 15.16 1/2 NOV22 HI 13.98 3/4 LOW 14.73 3/4 LOW 13.57 3/4 CLOSE15.13 1/4 Up 28 CLOSE 13.96 1/2 Up 31 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +AUG22+NOV22+NOV22 CK Low 4.95 20.08 737.91 3.60 17.57 645.40 CK High 5.40 20.53 754.44 3.65 17.62 647.24 CK Average 5.25 0.60 20.38 748.93 3.61 -0.40 17.58 645.93 Essex Cty 5.30 20.43 750.77 3.60 17.57 645.40 Mdsx Low 5.12 20.25 744.15 3.62 17.59 646.14 Mdsx High 5.35 20.48 752.60 3.65 17.62 647.24 Mdsx Average5.26 0.60 20.39 749.17 3.64 -0.38 17.61 646.87 Hensall 5.38 20.52 753.83 3.65 17.62 647.24 Bruce 5.30 20.43 750.77 3.60 17.57 645.40 Putnam 5.40 20.53 754.44 3.65 17.62 647.24 Burford 5.18 20.31 746.36 3.68 17.65 648.34 Port Perry 5.09 20.22 743.05 3.59 17.56 645.04 Norfolk 5.30 20.43 750.77 3.70 17.67 649.08 Palmerston 5.26 20.39 749.30 3.74 17.71 650.55 Varna 5.35 20.48 752.60 3.65 17.62 647.24 Trenton N/A 3.65 17.62 647.24 Winchester N/A 3.67 17.64 647.98 North Gower 4.50 19.63 721.37 3.60 17.57 645.40 Vankleek Hil3.07 18.20 668.83 3.50 17.47 641.73 Huron FOB 5.51 5.51 N/A N/A 20.64 758.48 3.79 17.76 652.38 Kent FOB 5.40 20.53 754.44 3.65 17.62 647.24 Lambton FOB 5.32 20.45 751.50 N/A Mdsx FOB 5.59 5.59 N/A N/A 20.72 761.42 3.92 17.89 657.16 PROCESSORS Windsor 5.97 21.10 775.38 4.05 18.02 661.94 TRANSFER Hamilton 5.80 20.93 769.14 4.35 18.32 672.96 Prescott N/A 3.96 17.93 658.63 Port Colborn N/A 4.49 18.46 678.11 Toledo El. 1.10 16.23 596.49 -0.45 13.51 496.46 Exchange rate was 1.2957 down 0.0028 Chicago wheat closed sharply higher. SEP22 HI 8.94 3/4 JUL23 HI 9.07 3/4 LOW 8.38 1/4 LOW 8.63 CLOSE 8.91 1/2 Up 55 CLOSE 9.06 1/4 Up 49 1/4 Minni wheat closed sharply higher. SEP22 HI 9.94 1/2 SEP23 HI 9.86 3/4 LOW 9.38 LOW 9.44 3/4 CLOSE 9.91 3/4 Up 57 1/4 CLOSE 9.86 3/4 Up 48 Direct MarkHarvest 2022 Harvest 2023 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 1.65 N/A N/A N/A 1.70 N/A London 2.97 2.39 1.67 N/A 2.38 2.06 1.54 N/A Hensall 3.00 N/A 1.65 N/A 2.50 N/A 1.70 N/A Trenton N/A N/A 1.65 N/A N/A N/A 1.65 N/A Bruce 2.75 2.25 1.65 1.60 2.30 2.05 1.70 N/A Essex N/A N/A 1.60 N/A N/A N/A 1.65 N/A Norwich 3.00 N/A 1.65 N/A 2.50 N/A 1.70 N/A Port Hope N/A N/A 1.65 N/A N/A N/A 1.70 N/A Kent Bridge 3.00 N/A 1.65 N/A 2.50 N/A 1.70 N/A Chatham N/A N/A 1.60 N/A N/A N/A 1.70 N/A Brigden N/A N/A 1.70 N/A N/A N/A 1.70 N/A Palmerston N/A 2.38 2.06 N/A N/A N/A 1.57 N/A Varna 2.75 2.25 1.65 N/A 2.30 2.05 1.70 N/A Mitchell 3.00 2.35 1.65 N/A 2.50 2.10 1.70 N/A Thornton 2.97 2.39 1.67 1.97 2.38 2.06 1.54 N/A North Gower N/A 1.25 1.65 1.12 N/A 1.15 1.55 0.82 W O Feed 2.34 TERMINAL Port Colbor N/A N/A 2.13 N/A N/A N/A 1.93 N/A PROCESSORS Toledo FM N/A N/A 2.64 N/A N/A N/A N/A N/A Toledo El. 8.65US 11.20CA 8.96US 11.61CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 751.02 DDG's FOB Srn & Aylm 340.00