FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, February 23

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, February 23 Exchange rate was 1.2597 down 0.0003 Chicago soybeans closed slightly higher to higher. MAR21 HI 14.25 NOV21 HI 12.31 1/4 LOW 13.80 3/4 LOW 12.08 CLOSE14.06 Up 22 1/4 CLOSE 12.22 Up 10 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR21+MAY21+MAY21 CK Low 3.30 17.36 637.87 2.85 15.07 553.73 CK High 3.38 17.44 640.81 2.85 15.07 553.73 CK Average 3.35 -0.24 17.41 639.59 2.85 -0.26 15.07 553.73 Essex Cty 3.35 17.41 639.71 2.75 14.97 550.05 Mdsx Low 3.35 17.41 639.71 2.83 15.05 552.99 Mdsx High 3.36 17.42 640.08 2.85 15.07 553.73 Mdsx Average3.36 -0.24 17.42 639.89 2.84 -0.27 15.06 553.36 Hensall 3.35 17.41 639.71 2.85 15.07 553.73 Bruce 3.35 17.41 639.71 2.85 15.07 553.73 Putnam 3.35 17.41 639.71 2.85 15.07 553.73 Burford 3.43 17.49 642.65 2.90 15.12 555.56 Port Perry 3.35 17.41 639.71 2.82 15.04 552.63 Norfolk 3.35 17.41 639.71 2.85 15.07 553.73 Palmerston 3.35 17.41 639.71 2.87 15.09 554.46 Varna 3.35 17.41 639.71 2.85 15.07 553.73 Trenton 3.30 17.36 637.87 2.80 15.02 551.89 Winchester 3.30 17.36 637.87 2.80 15.02 551.89 North Gower 3.25 17.31 636.03 2.85 15.07 553.73 Vankleek Hil3.16 17.22 632.73 2.69 14.91 547.85 Huron FOB 3.68 3.68 3.69 3.69 17.74 651.83 2.92 15.14 556.30 Kent FOB 3.50 17.56 645.22 2.85 15.07 553.73 Lambton FOB 3.55 17.61 647.06 3.05 15.27 561.08 Mdsx FOB 3.49 3.49 N/A N/A 17.55 644.85 2.92 15.14 556.30 PROCESSORS Windsor 3.80 17.86 656.24 2.99 15.21 558.87 TRANSFER Hamilton 3.90 17.96 659.92 3.30 15.52 570.26 Prescott N/A 3.26 15.48 568.79 Port Colborn3.77 17.83 655.14 3.33 15.55 571.36 Toledo El. -0.13 13.93 511.99 -0.44 11.78 432.81 Exchange rate was 1.2597 down 0.0003 Chicago wheat closed narrowly mixed. MAR21 HI 6.67 3/4 JUL21 HI 6.59 LOW 6.56 1/2 LOW 6.49 1/4 CLOSE 6.65 3/4 Up 1 3/4 CLOSE 6.56 3/4 Down 1/4 Minni wheat closed slightly lower. MAR21 HI 6.37 3/4 SEP21 HI 6.64 1/4 LOW 6.31 3/4 LOW 6.59 1/4 CLOSE 6.36 Down 1 3/4 CLOSE 6.63 1/4 Down 3/4 Direct MarkHarvest 2020 Harvest 2021 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 1.35 N/A N/A N/A 1.05 N/A London 1.39 1.33 1.33 N/A 1.25 1.25 1.00 N/A Hensall 1.40 N/A 1.35 N/A 1.30 N/A 1.05 N/A Trenton N/A N/A N/A N/A N/A N/A 1.05 N/A Bruce 1.35 1.45 1.35 1.40 1.25 1.30 1.10 1.30 Essex N/A N/A 1.35 N/A N/A N/A 1.05 N/A Norwich 1.40 N/A 1.35 N/A 1.30 N/A 1.05 N/A Port Hope N/A N/A N/A N/A N/A N/A 1.05 N/A Kent Bridge 1.40 N/A 1.35 N/A 1.30 N/A 1.05 N/A Chatham N/A N/A 1.35 N/A N/A N/A 1.05 N/A Brigden N/A N/A 1.35 N/A N/A N/A 1.05 N/A Palmerston N/A 1.41 1.35 1.34 N/A 1.23 1.04 1.28 Varna 1.35 1.40 1.35 N/A 1.25 1.25 1.05 N/A Mitchell 1.40 1.50 1.35 N/A 1.30 1.25 1.05 N/A Thornton N/A N/A N/A 1.19 N/A N/A N/A N/A North Gower N/A 1.25 1.25 0.95 N/A 1.00 1.00 1.15 W O Feed 2.00 TERMINAL Port Colbor N/A N/A 1.78 N/A N/A N/A 1.35 N/A PROCESSORS Toledo FM N/A N/A 1.73 N/A N/A N/A 1.71 N/A Toledo El. 6.66US 8.39CA 6.52US 8.21CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 624.47 DDG's FOB Srn & Aylm 360.00