FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, July 28

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, July 28 Exchange rate was 1.336 up 0.0004 Chicago soybeans closed slightly to moderately lower. NOV20 HI 8.96 1/2 NOV20 HI 8.96 1/2 LOW 8.83 LOW 8.83 CLOSE8.87 1/2 Down 12 1/4 CLOSE 8.87 1/2 Down 12 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV20+NOV20+NOV20 CK Low 2.62 11.50 422.37 2.54 11.42 419.43 CK High 2.65 11.53 423.47 2.60 11.48 421.63 CK Average 2.65 -0.25 11.52 423.29 2.57 -0.30 11.44 420.35 Essex Cty 2.65 11.53 423.47 2.50 11.38 417.96 Mdsx Low 2.60 11.48 421.63 2.52 11.40 418.69 Mdsx High 2.65 11.53 423.47 2.55 11.43 419.80 Mdsx Average2.63 -0.27 11.50 422.55 2.54 -0.32 11.41 419.25 Hensall 2.68 11.56 424.70 2.58 11.46 421.02 Bruce 2.70 11.58 425.31 2.55 11.43 419.80 Putnam 2.65 11.53 423.47 2.55 11.43 419.80 Burford 2.67 11.55 424.21 2.59 11.47 421.27 Port Perry 2.62 11.50 422.37 2.54 11.42 419.43 Norfolk 2.65 11.53 423.47 2.55 11.43 419.80 Palmerston 2.53 11.41 419.06 2.48 11.36 417.22 Varna 2.61 11.49 422.00 2.60 11.48 421.63 Trenton N/A 2.60 11.48 421.63 Winchester 2.65 11.53 423.47 2.65 11.53 423.47 North Gower 2.59 11.47 421.27 2.65 11.53 423.47 Vankleek Hil N/A 2.80 11.68 428.98 Huron FOB 2.77 11.65 427.88 2.63 11.51 422.74 Kent FOB 2.65 11.53 423.47 2.55 11.43 419.80 Lambton FOB 2.75 11.63 427.15 2.65 11.53 423.47 Mdsx FOB N/A 2.79 2.65 N/A 2.58 11.46 420.90 PROCESSORS Windsor 2.88 11.76 431.92 2.71 11.59 425.68 TRANSFER Hamilton 3.15 12.03 441.84 3.00 11.88 436.33 Prescott N/A 3.00 11.88 436.33 Port Colborn3.00 11.88 436.33 2.88 11.76 431.92 Toledo El. 0.00 8.88 326.10 -0.33 8.54 313.85 Exchange rate was 1.336 up 0.0004 Chicago wheat closed slightly lower. SEP20 HI 5.29 3/4 JUL21 HI 5.45 1/4 LOW 5.19 1/4 LOW 5.38 CLOSE 5.23 1/2 Down 4 1/4 CLOSE 5.40 1/2 Down 4 1/4 Minni wheat closed slightly lower. SEP20 HI 5.12 1/4 SEP21 HI 5.60 1/4 LOW 5.06 LOW 5.60 1/4 CLOSE 5.06 1/4 Down 1 3/4 CLOSE 5.60 1/4 Down 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.49 1.76 1.49 1.10 CAD $/bu 6.73 6.99 6.73 6.16 CAD $/tonne 247.17 256.99 247.17 226.43 Direct MarkHarvest 2020 Harvest 2021 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 1.10 N/A N/A N/A 1.10 N/A London 1.22 1.49 1.02 N/A 1.48 1.55 1.08 N/A Hensall 1.35 N/A 1.10 N/A 1.35 N/A 1.10 N/A Trenton N/A N/A 1.10 N/A N/A N/A 1.10 N/A Bruce 1.20 1.50 1.10 0.95 1.20 1.50 1.10 N/A Essex N/A N/A 1.10 N/A N/A N/A 1.10 N/A Norwich 1.35 N/A 1.10 N/A 1.35 N/A 1.10 N/A Port Hope N/A N/A 1.10 N/A N/A N/A 1.10 N/A Kent Bridge 1.35 N/A 1.10 N/A 1.35 N/A 1.10 N/A Chatham N/A N/A 1.10 N/A N/A N/A 1.10 N/A Brigden N/A N/A 1.10 N/A N/A N/A 1.10 N/A Palmerston N/A 1.49 1.09 1.04 N/A 1.63 1.16 0.76 Varna 1.35 1.50 1.10 N/A 1.35 1.50 1.10 N/A Mitchell 1.35 1.45 1.10 N/A 1.35 1.45 1.10 N/A Thornton N/A N/A N/A 1.19 N/A N/A N/A N/A North Gower N/A 1.60 1.40 1.05 N/A 1.66 1.36 1.00 W O Feed 1.61 TERMINAL Port Colbor N/A N/A 1.49 N/A N/A N/A 1.48 N/A PROCESSORS Toledo FM N/A N/A 1.89 N/A N/A N/A N/A N/A Toledo El. 5.29US 7.06CA 5.36US 7.14CA GFO Contract Wheat Prices - DEL Terminal Harvest 21 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.54 1.67 1.47 1.07 CAD $/bu 6.94 7.08 6.88 6.67 CAD $/tonne 255.10 260.00 252.65 245.18 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 479.29 DDG's FOB Srn & Aylm 185.00 - 205.00