FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, May 30
Exchange rate was 1.3597 up 0.0017
Chicago soybeans closed moderately lower to lower.

      AUG23   HI 12.61  1/4              NOV23     HI 11.91  1/2
             LOW 12.16  1/2                       LOW 11.51
            CLOSE12.19  1/2  Down 41 1/2        CLOSE 11.53  1/4  Down 36 1/4

            OLD CROP                                  NEW CROP
Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt
ELEVATORS        +AUG23+AUG23+AUG23
CK Low      4.79                         16.99 624.09  2.90        14.43 530.30
CK High     5.12                         17.32 636.22  3.00        14.53 533.98
CK Average  4.88                    0.36 17.08 627.40  2.94 -0.89  14.47 531.83
Essex Cty   4.85                         17.05 626.30  2.95        14.48 532.14
Mdsx Low    4.77                         16.97 623.36  2.85        14.38 528.47
Mdsx High   4.85                         17.05 626.30  2.92        14.45 531.04
Mdsx Average4.82                    0.32 17.01 625.10  2.89 -0.92  14.43 530.03
Hensall     4.82                         17.01 625.07  2.90        14.43 530.30
Bruce       4.80                         17.00 624.46  2.90        14.43 530.30
Putnam      4.85                         17.05 626.30  2.90        14.43 530.30
Burford     4.87                         17.07 627.03  3.02        14.55 534.71
Port Perry  4.71                         16.91 621.15  2.86        14.39 528.83
Norfolk     4.85                         17.05 626.30  2.95        14.48 532.14
Palmerston  4.80                         17.00 624.46  2.90        14.43 530.30
Varna       4.80                         17.00 624.46  2.90        14.43 530.30
Trenton     4.90                         17.10 628.13  2.90        14.43 530.30
Winchester   N/A                                       3.20        14.73 541.33
North Gower 4.92                         17.12 628.87  3.20        14.73 541.33
Vankleek Hil4.92                         17.12 628.87  3.19        14.72 540.96
Huron FOB   4.94  5.21  5.21  5.28       17.14 629.60  N/A
Kent FOB    5.05                         17.25 633.65  2.95        14.48 532.14
Lambton FOB 4.73                         16.93 621.89  N/A
Mdsx FOB    5.06  5.19  5.33  N/A        17.26 634.01  3.14        14.67 539.12

PROCESSORS
Windsor     5.49                         17.69 649.81  3.62        15.15 556.76

TRANSFER
Hamilton    5.40                         17.60 646.51  3.60        15.13 556.02
Prescott     N/A                                       3.57        15.10 554.92
Port Colborn N/A                                       3.66        15.19 558.23

Toledo El.  1.35                         13.54 497.55 -0.61        10.92 401.26


Exchange rate was 1.3597 up 0.0017
Chicago wheat closed moderately lower to lower.
JUL23      HI     6.16  3/4            JUL23   HI      6.16  3/4
           LOW    5.88  3/4                    LOW     5.88  3/4
           CLOSE  5.91   Down 25               CLOSE   5.91   Down 25

Minni wheat closed lower.
JUL23      HI        8.21              SEP23   HI      8.19  1/2
           LOW    7.88  1/4                    LOW     7.90  1/4
           CLOSE  7.93   Down 25               CLOSE   7.94  1/2  Down 24 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   1.30    N/A    N/A     N/A    0.85    N/A
London      2.09   1.62   1.21    N/A    2.30    1.41   0.87    N/A
Hensall     2.60   2.00   1.30   1.60    2.50    1.55   0.85   1.35
Trenton      N/A    N/A    N/A    N/A    N/A     N/A    0.85    N/A
Bruce       2.30   1.80   1.30   1.25    1.85    1.35   0.85   1.15
Essex        N/A    N/A   1.30    N/A    N/A     N/A    0.85    N/A
Norwich      N/A    N/A   1.30    N/A    2.65    N/A    0.85    N/A
Belmore     2.50   1.65   1.30   1.15    2.00    1.50   0.85   1.15
Kent Bridge  N/A    N/A   1.30    N/A    2.65    N/A    0.85    N/A
Chatham      N/A    N/A   1.30    N/A    N/A     N/A    0.85    N/A
Brigden      N/A    N/A   1.30    N/A    N/A     N/A    0.85    N/A
Palmerston  2.30   1.80   1.30   1.25    1.85    1.35   0.85   1.15
Varna       2.60   2.00   1.30    N/A    2.50    1.55   0.85    N/A
Mitchell     N/A    N/A   1.30    N/A    2.65    1.60   0.85    N/A
Thornton    2.09   1.62   1.21   1.53    2.30    1.41   0.87    N/A
North Gower  N/A   1.00   1.30   1.42    N/A     0.90   1.10   1.17
W O Feed                  2.07

TERMINAL
Port Colbor  N/A    N/A   1.88    N/A    N/A     N/A    1.41    N/A

PROCESSORS
Toledo FM    N/A    N/A    N/A    N/A    N/A     N/A    1.92    N/A

Toledo El. 5.66US        7.70CA         5.66US         7.70CA


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

FEED GRAINS
FOB Hm Soymeal            642.22
DDG's FOB Aylm            335.00