FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, May 8

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, May 8 Exchange rate was 1.3718 down 0.0008 Chicago soybeans closed slightly to moderately lower. JUL24 HI 12.48 NOV24 HI 12.26 1/4 LOW 12.25 1/2 LOW 12.11 1/4 CLOSE12.27 3/4 Down 18 3/4 CLOSE 12.13 Down 15 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL24+JUL24+AUG24 CK Low 3.50 15.78 579.72 3.35 15.48 568.79 CK High 3.60 15.88 583.40 3.55 15.68 576.14 CK Average 3.55 -0.74 15.82 581.40 3.40 -0.81 15.53 570.73 Essex Cty 3.60 15.88 583.40 3.40 15.53 570.63 Mdsx Low 3.50 15.78 579.72 3.30 15.43 566.96 Mdsx High 3.52 15.80 580.46 3.37 15.50 569.53 Mdsx Average3.51 -0.77 15.78 579.91 3.34 -0.85 15.47 568.52 Hensall 3.45 15.73 577.89 3.30 15.43 566.96 Bruce 3.50 15.78 579.72 3.30 15.43 566.96 Putnam 3.50 15.78 579.72 3.30 15.43 566.96 Guelph 3.40 15.68 576.05 3.30 15.43 566.96 Burford 3.57 15.85 582.30 3.42 15.55 571.36 Port Perry 3.41 15.69 576.42 3.26 15.39 565.49 Norfolk 3.50 15.78 579.72 3.40 15.53 570.63 Palmerston 3.45 15.73 577.89 3.30 15.43 566.96 Varna 3.45 15.73 577.89 3.30 15.43 566.96 Trenton 3.15 15.43 566.86 3.25 15.38 565.12 Winchester 3.43 15.71 577.15 3.16 15.29 561.81 North Gower 2.90 15.18 557.68 2.95 15.08 554.10 Vankleek Hil3.40 15.68 576.05 3.22 15.35 564.02 Huron FOB 3.73 3.71 3.75 N/A 16.01 588.17 3.30 15.43 566.96 Kent FOB 3.80 16.08 590.75 3.35 15.48 568.79 Lambton FOB 3.61 15.89 583.77 N/A Mdsx FOB 3.64 3.71 3.84 3.84 15.92 584.87 3.45 15.58 572.47 PROCESSORS Windsor 4.36 16.64 611.32 3.93 16.06 590.10 TRANSFER Hamilton 4.00 16.28 598.10 3.90 16.03 589.00 Prescott N/A 3.82 15.95 586.06 Port Colborn N/A 4.07 16.20 595.25 Toledo El. -0.55 11.73 430.96 -0.69 11.44 420.50 Exchange rate was 1.3718 down 0.0008 Chicago wheat closed slightly to moderately lower. JUL24 HI 6.49 1/4 JUL24 HI 6.49 1/4 LOW 6.28 1/4 LOW 6.28 1/4 CLOSE 6.34 Down 8 3/4 CLOSE 6.34 Down 8 3/4 Minni wheat closed moderately lower. JUL24 HI 7.22 1/2 SEP24 HI 7.28 1/2 LOW 7.00 1/2 LOW 7.06 1/2 CLOSE 7.02 3/4 Down 16 1/4 CLOSE 7.08 3/4 Down 16 Direct MarkHarvest 2023 Harvest 2024 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 1.30 N/A London 1.69 1.89 1.34 N/A 2.03 1.93 1.34 N/A Hensall 1.50 1.85 1.40 1.35 1.85 1.85 1.40 1.25 Trenton N/A N/A N/A N/A N/A N/A 1.35 N/A Bruce N/A 1.80 1.40 N/A 1.70 1.80 1.40 0.95 Essex N/A N/A 1.40 N/A N/A N/A 1.40 N/A Norwich N/A N/A 1.40 N/A 1.85 N/A 1.40 N/A Belmore N/A 1.00 1.40 1.05 1.30 1.40 1.40 N/A Kent Bridge N/A N/A 1.40 N/A 1.85 N/A 1.40 N/A Chatham N/A N/A 1.40 N/A N/A N/A 1.40 N/A Brigden N/A N/A 1.40 N/A N/A N/A 1.40 N/A Palmerston N/A 1.00 1.40 1.05 1.30 1.40 1.40 N/A Varna 1.50 1.85 1.40 N/A 1.85 1.85 1.40 N/A Mitchell N/A N/A 1.40 N/A 1.85 1.80 1.40 N/A Thornton 1.69 1.89 1.34 1.29 2.03 1.93 1.34 N/A North Gower N/A 1.20 1.50 1.12 N/A 1.21 1.51 0.97 W O Feed 2.26 TERMINAL Port Colbor N/A N/A 2.09 N/A N/A N/A 1.89 N/A PROCESSORS Toledo FM N/A N/A 2.01 N/A N/A N/A 2.15 N/A Toledo El. 6.06US 8.31CA 6.09US 8.35CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 626.67 DDG's FOB Aylm 255.00