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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, July 6
Exchange rate was 1.304 up 0.0005
Chicago soybeans closed slightly higher.

      AUG22   HI 14.61  1/2              NOV22     HI 13.40
             LOW 14.24  1/4                       LOW 13.02  1/2
            CLOSE14.46  1/2  Up 7 1/4           CLOSE 13.22  3/4  Up 6 3/4

            OLD CROP                                  NEW CROP
Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt
ELEVATORS        +AUG22+NOV22+NOV22
CK Low      4.90                         19.37 711.54  3.55        16.78 616.47
CK High     5.40                         19.87 729.91  3.60        16.83 618.30
CK Average  5.26                    0.66 19.72 724.61  3.59 -0.33  16.82 617.88
Essex Cty   5.25                         19.72 724.40  3.55        16.78 616.47
Mdsx Low    5.25                         19.72 724.40  3.59        16.82 617.94
Mdsx High   5.35                         19.82 728.08  3.75        16.98 623.82
Mdsx Average5.29                    0.68 19.75 725.75  3.65 -0.29  16.87 620.02
Hensall     5.37                         19.83 728.69  3.70        16.93 621.98
Bruce       5.20                         19.67 722.57  3.75        16.98 623.82
Putnam      5.40                         19.87 729.91  3.65        16.88 620.14
Burford     5.32                         19.79 726.97  3.65        16.88 620.14
Port Perry  5.23                         19.70 723.67  3.56        16.79 616.84
Norfolk     5.25                         19.72 724.40  3.65        16.88 620.14
Palmerston  5.20                         19.67 722.57  3.64        16.87 619.77
Varna       5.35                         19.82 728.08  3.65        16.88 620.14
Trenton      N/A                                       3.65        16.88 620.14
Winchester   N/A                                       3.71        16.94 622.35
North Gower 4.50                         18.97 696.84  3.70        16.93 621.98
Vankleek Hil2.94                         17.41 639.52  3.41        16.64 611.32
Huron FOB   5.47  5.47  N/A   N/A        19.94 732.49  3.72        16.95 622.71
Kent FOB    5.35                         19.82 728.08  3.60        16.83 618.30
Lambton FOB 5.40                         19.87 729.91  N/A
Mdsx FOB    5.49  5.49  N/A   N/A        19.96 733.22  3.82        17.05 626.39

PROCESSORS
Windsor     5.93                         20.40 749.39  3.96        17.19 631.53

TRANSFER
Hamilton    5.75                         20.22 742.77  4.30        17.53 644.03
Prescott     N/A                                       3.88        17.11 628.59
Port Colborn N/A                                       4.26        17.49 642.56

Toledo El.  1.11                         15.57 572.22 -0.46        12.77 469.26


Exchange rate was 1.304 up 0.0005
Chicago wheat closed slightly lower.
SEP22      HI     8.38  1/2            JUL23   HI         8.64
           LOW    7.85  1/4                    LOW     8.13  1/2
           CLOSE  8.04  1/2  Down 2 1/2        CLOSE   8.30  3/4  Down 7 1/2

Minni wheat closed slightly to moderately lower.
SEP22      HI     9.12  1/2            SEP23   HI         9.14
           LOW    8.70  1/2                    LOW        8.80
           CLOSE  8.86  1/4  Down 3 3/4        CLOSE   8.98   Down 15 3/4



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   1.65    N/A    N/A     N/A    1.70    N/A
London      2.69   2.43   1.65    N/A    2.12    2.05   1.53    N/A
Hensall     3.00    N/A   1.65    N/A    2.50    N/A    1.70    N/A
Trenton      N/A    N/A   1.65    N/A    N/A     N/A    1.65    N/A
Bruce       2.85   2.40   1.80   1.70    2.35    2.15   1.80    N/A
Essex        N/A    N/A   1.60    N/A    N/A     N/A    1.70    N/A
Norwich     3.00    N/A   1.65    N/A    2.50    N/A    1.70    N/A
Port Hope    N/A    N/A   1.75    N/A    N/A     N/A    1.75    N/A
Kent Bridge 3.00    N/A   1.65    N/A    2.50    N/A    1.70    N/A
Chatham      N/A    N/A   1.60    N/A    N/A     N/A    1.75    N/A
Brigden      N/A    N/A   1.70    N/A    N/A     N/A    1.75    N/A
Palmerston   N/A   2.20   1.87    N/A    N/A     N/A    1.42    N/A
Varna       2.75   2.25   1.65    N/A    2.30    2.05   1.70    N/A
Mitchell    3.00   2.35   1.65    N/A    2.50    2.10   1.70    N/A
Thornton    2.69   2.43   1.65   2.20    2.12    2.05   1.53    N/A
North Gower  N/A   1.40   1.80   1.12    N/A     1.30   1.70   0.82
W O Feed                  2.21

TERMINAL
Port Colbor  N/A    N/A   2.11    N/A    N/A     N/A    1.93    N/A

PROCESSORS
Toledo FM    N/A    N/A   2.45    N/A    N/A     N/A     N/A    N/A

Toledo El. 7.78US        10.14CA        8.21US         10.70CA


(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange

FEED GRAINS
FOB Hm Soymeal            733.71
DDG's FOB Srn & Aylm      340.00

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