FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, March 23

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, March 23 Exchange rate was 1.4504 up 0.0080 Chicago soybeans closed mixed. MAY20 HI 8.85 1/4 NOV20 HI 8.73 1/4 LOW 8.58 1/4 LOW 8.58 CLOSE8.84 Up 21 1/2 CLOSE 8.72 1/2 Up 11 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +MAY2+MAY2+JUL20 CK Low 3.10 11.94 438.722.90 11.63 427.15 CK High 3.23 12.07 443.503.08 11.81 433.76 CK Average 3.15 -0.5811.99 440.433.00 -0.6411.72 430.70 Essex Cty 3.15 11.99 440.563.00 11.73 430.82 Mdsx Low 3.15 11.99 440.563.00 11.73 430.82 Mdsx High 3.24 12.08 443.863.06 11.79 433.02 Mdsx Average 3.20 -0.5412.04 442.213.03 -0.6211.76 431.92 Hensall 3.13 11.97 439.643.00 11.73 430.82 Bruce 3.10 11.94 438.723.00 11.73 430.82 Putnam 3.15 11.99 440.563.00 11.73 430.82 Burford 3.31 12.15 446.443.13 11.86 435.60 Port Perry 3.23 12.07 443.503.05 11.78 432.66 Norfolk 3.15 11.99 440.563.00 11.73 430.82 Palmerston 3.40 12.24 449.743.14 11.87 435.96 Varna 3.10 11.94 438.723.00 11.73 430.82 Trenton 3.10 11.94 438.722.90 11.63 427.15 Winchester 3.05 11.89 436.883.00 11.73 430.82 North Gower 3.10 11.94 438.722.90 11.63 427.15 Huron FOB 3.30 12.14 446.073.10 11.83 434.49 Kent FOB 3.30 12.14 446.073.00 11.73 430.82 Lambton FOB 3.20 12.04 442.393.20 11.93 438.17 Middlesex FOB3.29 3.36 N/A N/A 12.13 445.703.17 11.90 437.07 PROCESSORS Windsor 3.92 12.76 468.853.43 12.16 446.62 TRANSFER Hamilton 3.75 12.59 462.603.50 12.23 449.19 Prescott N/A 2.85 11.58 425.31 Port Colborne3.56 12.40 455.623.58 12.31 452.13 Toledo El. 0.04 8.88 326.41-0.44 8.29 304.60 Exchange rate was 1.4504 up 0.0080 Chicago wheat closed moderately higher to higher. MAY20 HI 5.63 1/4 JUL20 HI 5.58 LOW 5.37 1/4 LOW 5.34 1/2 CLOSE 5.62 1/2 Up 23 1/4 CLOSE 5.55 3/4 Up 20 Minni wheat closed moderately higher. MAY20 HI 5.34 3/4 SEP20 HI 5.51 3/4 LOW 5.20 LOW 5.37 1/4 CLOSE 5.30 1/4 Up 9 1/4 CLOSE 5.46 1/4 Up 8 GFO Cash Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 2.82 3.04 2.82 1.95 CAD $/bu 8.45 8.67 8.45 7.26 CAD $/tonne 310.44 318.43 310.44 266.60 Direct MarkHarvest 2019 Harvest 2020 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 N/A N/A N/A N/A 1.75 N/A London 2.57 2.85 2.42 N/A 2.04 2.33 1.75 N/A Hensall 2.30 N/A 2.30 N/A 1.95 N/A 1.75 N/A Trenton N/A N/A N/A N/A N/A N/A 1.75 N/A Bruce 2.30 2.70 2.30 2.15 1.95 2.15 1.75 1.50 Essex N/A N/A 2.30 N/A N/A N/A 1.75 N/A Norwich 2.30 N/A 2.30 N/A 1.95 N/A 1.75 N/A Port Hope N/A N/A 2.30 N/A N/A N/A 1.75 N/A Kent Bridge 2.30 N/A 2.30 N/A 1.95 N/A 1.75 N/A Chatham N/A N/A 2.30 N/A N/A N/A 1.75 N/A Brigden N/A N/A 2.30 N/A N/A N/A 1.75 N/A Palmerston N/A 2.97 2.39 2.46 N/A 2.15 1.71 1.81 Varna 2.40 2.70 2.30 N/A 1.95 2.15 1.75 N/A Mitchell 2.30 2.50 2.30 N/A 1.95 2.15 1.75 N/A Thornton N/A N/A N/A 2.83 N/A N/A N/A N/A North Gower N/A 2.50 2.30 1.55 N/A 2.25 2.10 1.45 W O Feed 3.18 TERMINAL Port Colbor N/A N/A 2.84 N/A N/A N/A 2.20 N/A PROCESSORS Toledo FM N/A N/A 2.90 N/A N/A N/A 2.65 N/A Toledo El. 5.78US 8.38CA 5.66US 8.21CA GFO Contract Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 2.29 2.58 2.29 1.66 CAD $/bu 7.84 8.13 7.84 7.13 CAD $/tonne 288.19 298.85 288.19 261.81 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 555.13 DDG's FOB Srn & Aylm 265.00 - 320.00