FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, December 28

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, December 28 Exchange rate was 1.3579 up 0.0054 Chicago soybeans closed slightly to moderately higher. MAR23 HI 15.17 1/2 NOV23 HI 14.14 3/4 LOW 14.89 1/2 LOW 13.91 3/4 CLOSE15.14 1/4 Up 25 1/4 CLOSE 14.12 1/4 Up 17 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR23+MAR23+MAR23 CK Low 4.64 19.78 726.88 4.10 18.22 669.56 CK High 4.70 19.84 729.09 4.20 18.32 673.24 CK Average 4.69 -0.54 19.83 728.54 4.13 -0.68 18.25 670.66 Essex Cty 4.70 19.84 729.09 4.10 18.22 669.56 Mdsx Low 4.68 19.82 728.35 4.10 18.22 669.56 Mdsx High 4.72 19.86 729.82 4.20 18.32 673.24 Mdsx Average4.70 -0.53 19.84 729.09 4.16 -0.66 18.28 671.58 Hensall 4.71 19.85 729.33 4.15 18.27 671.40 Bruce 4.62 19.76 726.15 4.10 18.22 669.56 Putnam 4.70 19.84 729.09 4.10 18.22 669.56 Burford 4.75 19.89 730.92 4.24 18.36 674.71 Port Perry 4.59 19.73 725.05 4.08 18.20 668.83 Norfolk 4.70 19.84 729.09 4.15 18.27 671.40 Palmerston 4.71 19.85 729.45 N/A Varna 4.72 19.86 729.82 4.20 18.32 673.24 Trenton 4.72 19.86 729.82 4.30 18.42 676.91 Winchester 4.72 19.86 729.82 4.20 18.32 673.24 North Gower 4.62 19.76 726.15 4.35 18.47 678.75 Vankleek Hil5.03 20.17 741.21 4.04 18.16 667.36 Huron FOB N/A 4.87 5.01 5.04 N/A Kent FOB 4.95 20.09 738.27 4.15 18.27 671.40 Lambton FOB 5.07 20.21 742.68 N/A Mdsx FOB 4.92 5.06 N/A N/A 20.06 737.17 4.23 18.35 674.34 PROCESSORS Windsor 5.50 20.64 758.48 4.64 18.76 689.40 TRANSFER Hamilton 5.45 20.59 756.64 4.60 18.72 687.93 Prescott N/A 4.36 18.48 679.12 Port Colborn5.07 20.21 742.68 4.72 18.84 692.34 Toledo El. -0.38 14.76 542.42 -0.61 13.51 496.46 Exchange rate was 1.3579 up 0.0054 Chicago wheat closed slightly to moderately higher. MAR23 HI 7.87 1/2 JUL23 HI 7.97 1/4 LOW 7.70 3/4 LOW 7.82 1/4 CLOSE 7.85 1/2 Up 11 CLOSE 7.96 1/4 Up 12 Minni wheat closed narrowly mixed. MAR23 HI 9.39 SEP23 HI 9.00 LOW 9.28 1/4 LOW 8.94 1/2 CLOSE 9.34 Down 1/4 CLOSE 8.97 1/4 Up 2 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 2.65 1.70 1.23 N/A 2.82 1.74 1.33 N/A Hensall 4.20 N/A 1.30 N/A 2.95 N/A 1.40 N/A Trenton N/A N/A N/A N/A N/A N/A 1.45 N/A Bruce 2.30 1.80 1.30 1.15 2.40 1.90 1.40 1.15 Essex N/A N/A 1.30 N/A N/A N/A 1.40 N/A Norwich 4.20 N/A 1.30 N/A 2.95 N/A 1.40 N/A Port Hope N/A N/A 1.30 N/A N/A N/A 1.40 N/A Kent Bridge 4.20 N/A 1.30 N/A 2.95 N/A 1.40 N/A Chatham N/A N/A 1.30 N/A N/A N/A 1.40 N/A Brigden N/A N/A 1.30 N/A N/A N/A 1.40 N/A Palmerston N/A N/A 1.05 2.26 N/A N/A N/A N/A Varna 4.20 2.25 1.40 N/A 2.70 1.95 1.40 N/A Mitchell 4.20 N/A 1.30 N/A 2.95 1.90 1.40 N/A Thornton 2.65 1.70 1.23 2.12 2.82 1.74 1.33 N/A North Gower N/A 1.00 1.40 1.47 N/A 1.25 1.65 1.37 W O Feed 2.37 TERMINAL Port Colbor N/A N/A 1.70 N/A N/A N/A 1.94 N/A PROCESSORS Toledo FM N/A N/A N/A N/A N/A N/A 2.71 N/A Toledo El. 7.66US 10.39CA 7.71US 10.47CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 735.58 DDG's FOB Aylm 360.00