FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, August 18

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, August 18 Exchange rate was 1.295 up 0.0060 Chicago soybeans closed slightly higher. NOV22 HI 14.13 NOV22 HI 14.13 LOW 13.76 1/2 LOW 13.76 1/2 CLOSE14.05 1/4 Up 15 1/4 CLOSE 14.05 1/4 Up 15 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV22+NOV22+NOV22 CK Low 4.99 19.04 699.69 3.60 17.65 648.62 CK High 5.15 19.20 705.57 3.70 17.75 652.29 CK Average 5.12 0.76 19.18 704.59 3.68 -0.36 17.74 651.72 Essex Cty 5.15 19.20 705.57 3.60 17.65 648.62 Mdsx Low 5.04 19.09 701.53 3.65 17.70 650.46 Mdsx High 5.15 19.20 705.57 3.74 17.79 653.76 Mdsx Average5.11 0.75 19.17 704.22 3.70 -0.35 17.75 652.17 Hensall 5.18 19.24 706.80 3.73 17.79 653.52 Bruce 5.00 19.05 700.06 3.75 17.80 654.13 Putnam 5.15 19.20 705.57 3.70 17.75 652.29 Burford 5.10 19.15 703.73 3.80 17.85 655.97 Port Perry 4.98 19.03 699.32 3.68 17.73 651.56 Norfolk 5.15 19.20 705.57 3.70 17.75 652.29 Palmerston 5.31 19.36 711.45 3.83 17.88 657.07 Varna 5.25 19.30 709.25 3.75 17.80 654.13 Trenton N/A 3.70 17.75 652.29 Winchester N/A 3.68 17.73 651.56 North Gower N/A 3.65 17.70 650.46 Vankleek Hil5.62 19.67 722.84 3.62 17.67 649.35 Huron FOB 4.78 N/A N/A 3.85 18.83 691.98 3.85 17.90 657.80 Kent FOB 5.15 19.20 705.57 3.70 17.75 652.29 Lambton FOB 5.35 19.40 712.92 3.90 17.95 659.64 Mdsx FOB 5.20 N/A N/A N/A 19.25 707.41 3.88 17.93 658.91 PROCESSORS Windsor N/A 4.25 18.30 672.50 TRANSFER Hamilton 5.25 19.30 709.25 4.35 18.40 676.18 Prescott N/A 4.13 18.18 668.09 Port Colborn N/A 4.41 18.46 678.38 Toledo El. 0.32 14.38 528.24 -0.45 13.60 499.69 Exchange rate was 1.295 up 0.0060 Chicago wheat closed lower. SEP22 HI 7.66 1/2 JUL23 HI 8.07 3/4 LOW 7.25 3/4 LOW 7.73 1/4 CLOSE 7.31 1/2 Down 31 3/4 CLOSE 7.78 3/4 Down 26 3/4 Minni wheat closed lower. SEP22 HI 8.84 1/2 SEP23 HI 9.00 LOW 8.50 LOW 8.70 CLOSE 8.52 3/4 Down 30 3/4 CLOSE 8.71 3/4 Down 24 1/4 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 1.30 N/A N/A N/A 1.40 N/A London 2.59 1.88 1.10 N/A 2.34 1.69 1.24 N/A Hensall 3.25 N/A 1.25 N/A 2.40 N/A 1.30 N/A Trenton N/A N/A 1.00 N/A N/A N/A 1.25 N/A Bruce 2.60 1.80 1.30 1.20 2.30 1.80 1.40 N/A Essex N/A N/A 1.25 N/A N/A N/A 1.30 N/A Norwich 3.25 N/A 1.25 N/A 2.40 N/A 1.30 N/A Port Hope N/A N/A 1.15 N/A N/A N/A 1.40 N/A Kent Bridge 3.25 N/A 1.25 N/A 2.40 N/A 1.30 N/A Chatham N/A N/A 1.25 N/A N/A N/A 1.35 N/A Brigden N/A N/A 1.25 N/A N/A N/A 1.35 N/A Palmerston N/A 2.16 1.32 2.13 N/A N/A 1.33 N/A Varna 2.75 2.20 1.30 N/A 2.50 2.00 1.40 N/A Mitchell 3.25 2.20 1.25 N/A 2.40 1.80 1.30 N/A Thornton 2.59 1.88 1.10 1.79 2.34 1.69 1.24 N/A North Gower N/A 0.80 1.20 1.07 N/A 0.85 1.25 0.87 W O Feed 1.92 TERMINAL Port Colbor N/A N/A 1.56 N/A N/A N/A 1.63 N/A PROCESSORS Toledo FM N/A N/A 2.09 N/A N/A N/A 2.17 N/A Toledo El. 7.12US 9.21CA 7.69US 9.96CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 755.54 DDG's FOB Srn & Aylm 310.00