FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, December 3

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, December 3 Exchange rate was 1.2831 up 0.0022 Chicago soybeans closed slightly to moderately higher. JAN22 HI 12.70 NOV22 HI 12.37 3/4 LOW 12.44 1/4 LOW 12.20 CLOSE12.67 1/4 Up 23 CLOSE 12.34 Up 14 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN22+MAR22+MAR22 CK Low 3.05 15.72 577.70 2.60 14.94 548.95 CK High 3.15 15.82 581.38 2.80 15.14 556.30 CK Average 3.06 -0.41 15.74 578.23 2.66 -0.65 15.00 551.16 Essex Cty 3.05 15.72 577.70 2.60 14.94 548.95 Mdsx Low 3.05 15.72 577.70 2.65 14.99 550.79 Mdsx High 3.09 15.76 579.17 2.66 15.00 551.16 Mdsx Average3.07 -0.40 15.74 578.44 2.66 -0.65 15.00 550.97 Hensall 3.05 15.72 577.70 2.65 14.99 550.79 Bruce 3.00 15.67 575.87 2.65 14.99 550.79 Putnam 3.05 15.72 577.70 2.65 14.99 550.79 Burford 3.16 15.83 581.74 2.73 15.07 553.73 Port Perry 3.04 15.71 577.34 2.61 14.95 549.32 Norfolk 3.05 15.72 577.70 2.65 14.99 550.79 Palmerston 3.13 15.80 580.64 2.69 15.03 552.26 Varna 3.05 15.72 577.70 2.65 14.99 550.79 Trenton 3.05 15.72 577.70 2.75 15.09 554.46 Winchester 3.13 15.80 580.64 2.81 15.15 556.67 North Gower 2.87 15.54 571.09 2.80 15.14 556.30 Vankleek Hil3.09 15.76 579.17 2.88 15.22 559.24 Huron FOB 3.35 3.42 N/A N/A 16.02 588.73 N/A Kent FOB 3.35 16.02 588.73 2.65 14.99 550.79 Lambton FOB 3.25 15.92 585.05 2.75 15.09 554.46 Mdsx FOB 3.30 3.36 3.32 3.38 15.97 586.89 2.79 15.13 555.93 PROCESSORS Windsor 3.97 16.64 611.51 N/A TRANSFER Hamilton 3.70 16.37 601.59 3.05 15.39 565.49 Prescott 3.34 16.01 588.36 3.28 15.62 573.94 Port Colborn3.46 16.13 592.77 3.20 15.54 571.00 Toledo El. -0.26 12.42 456.21 -0.51 11.83 434.56 Exchange rate was 1.2831 up 0.0022 Chicago wheat closed slightly to moderately lower. MAR22 HI 8.22 3/4 JUL22 HI 8.07 1/2 LOW 7.96 1/2 LOW 7.89 1/2 CLOSE 8.03 3/4 Down 11 1/4 CLOSE 7.94 1/4 Down 8 1/4 Minni wheat closed moderately lower to lower. MAR22 HI 10.42 1/4 SEP22 HI 9.25 3/4 LOW 10.19 LOW 9.12 CLOSE 10.20 3/4 Down 21 1/2 CLOSE 9.16 Down 8 3/4 Direct MarkHarvest 2021 Harvest 2022 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 1.20 N/A N/A N/A 1.70 N/A London 1.16 1.54 1.09 N/A 1.73 1.73 1.54 N/A Hensall 1.10 N/A 1.10 N/A 2.30 N/A 1.70 N/A Trenton N/A N/A N/A N/A N/A N/A 1.65 N/A Bruce 1.00 1.25 1.00 N/A 2.05 1.85 1.70 1.30 Essex N/A N/A 1.20 N/A N/A N/A 1.65 N/A Norwich 1.10 N/A 1.10 N/A 2.30 N/A 1.70 N/A Port Hope N/A N/A 1.10 N/A N/A N/A 1.70 N/A Kent Bridge 1.10 N/A 1.10 N/A 2.30 N/A 1.70 N/A Chatham N/A N/A 1.20 N/A N/A N/A 1.70 N/A Brigden N/A N/A 1.20 N/A N/A N/A 1.70 N/A Palmerston N/A N/A 0.86 1.60 N/A N/A 1.69 1.45 Varna 1.35 1.85 1.10 N/A 2.25 1.90 1.70 N/A Mitchell 1.10 1.65 1.10 N/A 2.30 1.90 1.70 N/A Thornton 1.16 1.54 1.09 1.36 1.73 1.73 1.54 N/A North Gower N/A 0.80 1.20 1.28 N/A N/A 1.53 N/A W O Feed 2.04 TERMINAL Port Colbor N/A N/A 1.67 N/A N/A N/A 1.87 N/A PROCESSORS Toledo FM N/A N/A 2.66 N/A N/A N/A 2.38 N/A Toledo El. 7.89US 10.12CA 7.89US 10.13CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 603.75 DDG's FOB Srn & Aylm 205.00 - 220.00