FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, July 12

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, July 12 Exchange rate was 1.2991 up 0.0007 Chicago soybeans closed lower to sharply lower. AUG22 HI 15.33 1/2 NOV22 HI 14.18 LOW 14.59 1/4 LOW 13.39 1/4 CLOSE14.68 1/4 Down 53 3/4 CLOSE 13.43 Down 62 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +AUG22+NOV22+NOV22 CK Low 5.15 19.83 728.72 3.60 17.03 625.75 CK High 5.45 20.13 739.74 3.80 17.23 633.09 CK Average 5.33 0.72 20.01 735.15 3.73 -0.22 17.16 630.68 Essex Cty 5.30 19.98 734.23 3.70 17.13 629.42 Mdsx Low 5.17 19.85 729.45 3.65 17.08 627.58 Mdsx High 5.35 20.03 736.07 3.81 17.24 633.46 Mdsx Average5.27 0.68 19.96 733.25 3.74 -0.22 17.17 630.77 Hensall 5.43 20.12 739.13 3.75 17.18 631.26 Bruce 5.15 19.83 728.72 3.75 17.18 631.26 Putnam 5.45 20.13 739.74 3.80 17.23 633.09 Burford 5.23 19.91 731.66 3.87 17.30 635.67 Port Perry 5.14 19.82 728.35 3.78 17.21 632.36 Norfolk 5.30 19.98 734.23 3.80 17.23 633.09 Palmerston 5.31 19.99 734.60 3.57 17.00 624.64 Varna 5.35 20.03 736.07 3.65 17.08 627.58 Trenton N/A 3.70 17.13 629.42 Winchester N/A 3.82 17.25 633.83 North Gower 4.50 19.18 704.84 3.60 17.03 625.75 Vankleek Hil3.13 17.81 654.50 3.62 17.05 626.48 Huron FOB 5.37 5.37 N/A N/A 20.05 736.80 3.84 17.27 634.56 Kent FOB 5.40 20.08 737.91 3.75 17.18 631.26 Lambton FOB 5.32 20.00 734.97 N/A Mdsx FOB 5.40 5.40 N/A N/A 20.08 737.91 4.17 17.60 646.69 PROCESSORS Windsor 5.87 20.55 755.18 3.94 17.37 638.24 TRANSFER Hamilton 5.80 20.48 752.60 4.45 17.88 656.98 Prescott N/A 4.05 17.48 642.28 Port Colborn N/A 4.61 18.04 662.86 Toledo El. 0.84 15.53 570.52 -0.45 12.98 476.76 Exchange rate was 1.2991 up 0.0007 Chicago wheat closed lower. SEP22 HI 8.69 1/2 JUL23 HI 8.91 1/2 LOW 8.10 LOW 8.36 CLOSE 8.14 1/4 Down 42 1/4 CLOSE 8.39 1/2 Down 36 Minni wheat closed lower. SEP22 HI 9.65 SEP23 HI 9.38 3/4 LOW 9.11 1/2 LOW 9.13 1/2 CLOSE 9.18 3/4 Down 45 CLOSE 9.19 1/2 Down 32 1/2 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 2.99 2.41 1.63 N/A 2.41 2.08 1.56 N/A Hensall 2.75 N/A 1.55 N/A 2.40 N/A 1.60 N/A Trenton N/A N/A 1.65 N/A N/A N/A 1.70 N/A Bruce 2.75 2.25 1.65 1.60 2.30 2.05 1.70 N/A Essex N/A N/A 1.55 N/A N/A N/A 1.55 N/A Norwich 2.75 N/A 1.55 N/A 2.40 N/A 1.60 N/A Port Hope N/A N/A 1.65 N/A N/A N/A 1.70 N/A Kent Bridge 2.75 N/A 1.55 N/A 2.40 N/A 1.60 N/A Chatham N/A N/A 1.65 N/A N/A N/A 1.60 N/A Brigden N/A N/A 1.65 N/A N/A N/A 1.60 N/A Palmerston N/A 2.17 1.85 N/A N/A N/A 1.40 N/A Varna 2.75 2.25 1.65 N/A 2.30 2.05 1.70 N/A Mitchell 2.75 2.25 1.55 N/A 2.40 2.05 1.60 N/A Thornton 2.99 2.41 1.63 2.10 2.41 2.08 1.56 N/A North Gower N/A 1.25 1.65 1.12 N/A 1.15 1.55 0.82 W O Feed 2.14 TERMINAL Port Colbor N/A N/A 2.15 N/A N/A N/A 1.95 N/A PROCESSORS Toledo FM N/A N/A 2.44 N/A N/A N/A N/A N/A Toledo El. 7.89US 10.25CA 8.30US 10.78CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 760.39 DDG's FOB Srn & Aylm 330.00 - 340.00