FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, January 3

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, January 3 Exchange rate was 1.2753 up 0.0108 Chicago soybeans closed slightly higher. MAR22 HI 13.68 1/2 NOV22 HI 12.89 1/2 LOW 13.42 LOW 12.74 CLOSE13.55 1/2 Up 16 1/4 CLOSE 12.83 3/4 Up 14 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR22+MAR22+MAY22 CK Low 3.16 16.72 614.17 2.80 15.64 574.58 CK High 3.40 16.96 622.99 2.90 15.74 578.25 CK Average 3.29 -0.34 16.85 619.11 2.83 -0.55 15.67 575.84 Essex Cty 3.30 16.86 619.32 2.80 15.64 574.58 Mdsx Low 3.20 16.76 615.64 2.80 15.64 574.58 Mdsx High 3.35 16.91 621.15 2.88 15.72 577.52 Mdsx Average3.28 -0.35 16.84 618.70 2.84 -0.54 15.68 576.17 Hensall 3.23 16.79 616.87 2.73 15.57 572.13 Bruce 3.30 16.86 619.32 2.80 15.64 574.58 Putnam 3.30 16.86 619.32 2.80 15.64 574.58 Burford 3.27 16.83 618.21 2.95 15.79 580.09 Port Perry 3.15 16.71 613.80 2.83 15.67 575.68 Norfolk 3.35 16.91 621.15 2.80 15.64 574.58 Palmerston 3.21 16.77 616.01 2.73 15.57 572.01 Varna 3.30 16.86 619.32 2.85 15.69 576.42 Trenton 3.30 16.86 619.32 2.85 15.69 576.42 Winchester 3.40 16.96 622.99 2.91 15.75 578.62 North Gower 3.10 16.66 611.97 3.00 15.84 581.93 Vankleek Hil3.13 16.69 613.07 3.01 15.85 582.30 Huron FOB 3.37 3.56 3.56 3.61 16.93 621.89 N/A Kent FOB 3.55 17.11 628.50 2.80 15.64 574.58 Lambton FOB 3.59 17.15 629.97 2.85 15.69 576.42 Mdsx FOB 3.20 3.46 3.52 3.46 16.76 615.64 2.94 15.78 579.72 PROCESSORS Windsor 3.99 17.55 644.67 3.14 15.98 587.07 TRANSFER Hamilton 3.85 17.41 639.52 3.20 16.04 589.28 Prescott N/A 3.37 16.21 595.52 Port Colborn3.55 17.11 628.50 3.35 16.19 594.79 Toledo El. -0.26 13.30 488.69 -0.51 12.33 452.95 Exchange rate was 1.2753 up 0.0108 Chicago wheat closed slightly to moderately lower. MAR22 HI 7.82 1/4 JUL22 HI 7.74 1/2 LOW 7.52 3/4 LOW 7.50 3/4 CLOSE 7.58 Down 12 3/4 CLOSE 7.55 Down 9 1/2 Minni wheat closed moderately lower. MAR22 HI 9.94 SEP22 HI 9.11 LOW 9.64 3/4 LOW 8.93 1/4 CLOSE 9.67 3/4 Down 14 1/4 CLOSE 8.95 3/4 Down 12 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 1.30 N/A N/A N/A 1.70 N/A London 1.11 1.49 1.05 N/A 1.67 1.67 1.55 N/A Hensall 1.25 N/A 1.25 N/A 2.35 N/A 1.65 N/A Trenton N/A N/A N/A N/A N/A N/A 1.75 N/A Bruce 1.20 1.45 1.20 N/A 2.30 1.85 1.65 1.50 Essex N/A N/A 1.15 N/A N/A N/A 1.55 N/A Norwich 1.25 N/A 1.25 N/A 2.35 N/A 1.65 N/A Port Hope N/A N/A 1.30 N/A N/A N/A 1.70 N/A Kent Bridge 1.25 N/A 1.25 N/A 2.35 N/A 1.65 N/A Chatham N/A N/A 1.15 N/A N/A N/A 1.55 N/A Brigden N/A N/A 1.15 N/A N/A N/A 1.55 N/A Palmerston N/A N/A 1.00 1.77 N/A N/A 1.55 1.52 Varna 1.50 2.00 1.25 N/A 2.30 1.85 1.65 N/A Mitchell 1.25 1.85 1.25 N/A 2.35 1.85 1.65 N/A Thornton 1.11 1.49 1.05 1.29 1.67 1.67 1.55 N/A North Gower N/A 1.05 1.45 1.17 N/A N/A 1.78 N/A W O Feed 1.99 TERMINAL Port Colbor N/A N/A 1.63 N/A N/A N/A 1.87 N/A PROCESSORS Toledo FM N/A N/A 2.47 N/A N/A N/A 2.21 N/A Toledo El. 7.43US 9.48CA 7.50US 9.57CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 615.43 DDG's FOB Srn & Aylm 240.00 - 260.00