FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, January 23

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, January 23 Exchange rate was 1.3378 up 0.0000 Chicago soybeans closed slightly lower. MAR23 HI 15.03 NOV23 HI 13.47 3/4 LOW 14.79 3/4 LOW 13.30 1/4 CLOSE14.90 1/4 Down 16 1/4 CLOSE 13.39 1/2 Down 12 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR23+MAR23+MAY23 CK Low 4.50 19.40 712.92 3.80 17.20 631.81 CK High 4.65 19.55 718.43 3.90 17.30 635.48 CK Average 4.55 -0.36 19.46 714.91 3.85 -0.50 17.25 633.75 Essex Cty 4.55 19.45 714.76 3.80 17.20 631.81 Mdsx Low 4.55 19.45 714.76 3.85 17.25 633.65 Mdsx High 4.70 19.60 720.27 4.00 17.40 639.16 Mdsx Average4.59 -0.33 19.50 716.32 3.89 -0.47 17.29 635.12 Hensall 4.55 19.45 714.76 3.85 17.25 633.65 Bruce 4.55 19.45 714.76 3.85 17.25 633.65 Putnam 4.55 19.45 714.76 3.85 17.25 633.65 Burford 4.64 19.54 718.06 3.93 17.33 636.58 Port Perry 4.48 19.38 712.18 3.77 17.17 630.71 Norfolk 4.55 19.45 714.76 3.85 17.25 633.65 Palmerston 4.57 19.47 715.49 N/A Varna 4.55 19.45 714.76 3.85 17.25 633.65 Trenton 4.70 19.60 720.27 4.05 17.45 640.99 Winchester 4.40 19.30 709.25 4.00 17.40 639.16 North Gower 4.62 19.52 717.33 4.15 17.55 644.67 Vankleek Hil4.84 19.74 725.41 3.79 17.19 631.44 Huron FOB 4.50 4.50 4.71 4.74 19.40 712.92 N/A Kent FOB 4.85 19.75 725.78 3.85 17.25 633.65 Lambton FOB 4.81 19.71 724.31 N/A Mdsx FOB 4.69 4.89 N/A N/A 19.59 719.90 3.86 17.26 634.01 PROCESSORS Windsor 5.25 20.15 740.48 4.19 17.59 646.14 TRANSFER Hamilton 5.25 20.15 740.48 4.35 17.75 652.02 Prescott N/A 4.11 17.51 643.20 Port Colborn4.85 19.75 725.78 4.34 17.74 651.65 Toledo El. -0.37 14.53 533.81 -0.60 12.79 470.06 Exchange rate was 1.3378 up 0.0000 Chicago wheat closed moderately lower. MAR23 HI 7.40 1/2 JUL23 HI 7.50 1/4 LOW 7.12 1/2 LOW 7.23 CLOSE 7.20 Down 21 1/2 CLOSE 7.30 1/2 Down 21 Minni wheat closed moderately lower to lower. MAR23 HI 9.07 1/2 SEP23 HI 8.71 LOW 8.85 LOW 8.59 CLOSE 8.87 3/4 Down 25 CLOSE 8.61 Down 17 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 1.25 N/A London 2.41 2.15 1.21 N/A 2.58 1.78 1.18 N/A Hensall 4.20 N/A 1.30 N/A 2.80 N/A 1.25 N/A Trenton N/A N/A N/A N/A N/A N/A 1.25 N/A Bruce 2.30 1.80 1.30 1.15 2.25 1.75 1.25 1.15 Essex N/A N/A 1.30 N/A N/A N/A 1.25 N/A Norwich 4.20 N/A 1.30 N/A 2.80 N/A 1.25 N/A Port Hope N/A N/A 1.30 N/A N/A N/A 1.25 N/A Kent Bridge 4.20 N/A 1.30 N/A 2.80 N/A 1.25 N/A Chatham N/A N/A 1.30 N/A N/A N/A 1.25 N/A Brigden N/A N/A 1.30 N/A N/A N/A 1.25 N/A Palmerston N/A 2.04 1.17 2.23 N/A N/A N/A N/A Varna 4.10 2.20 1.30 N/A 2.55 1.90 1.25 N/A Mitchell 4.20 N/A 1.30 N/A 2.80 1.90 1.25 N/A Thornton 2.41 2.15 1.21 1.92 2.58 1.78 1.18 N/A North Gower N/A 1.20 1.60 1.67 N/A 1.00 1.40 1.32 W O Feed 2.05 TERMINAL Port Colbor N/A N/A 1.88 N/A N/A N/A 1.78 N/A PROCESSORS Toledo FM N/A N/A 2.37 N/A N/A N/A 2.33 N/A Toledo El. 6.95US 9.30CA 7.06US 9.44CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 735.14 DDG's FOB Aylm 370.00