FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, May 18

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, May 18 Exchange rate was 1.206 down 0.0005 Chicago soybeans closed mixed. JUL21 HI 16.04 3/4 NOV21 HI 14.13 LOW 15.69 LOW 13.91 1/4 CLOSE15.74 1/4 Down 13 1/4 CLOSE 13.99 1/2 Up 2 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL21+JUL21+AUG21 CK Low 3.77 19.51 716.96 2.52 16.52 606.82 CK High 3.85 19.59 719.90 2.60 16.60 609.76 CK Average 3.82 0.48 19.56 718.80 2.55 -0.27 16.55 608.05 Essex Cty 3.80 19.54 718.06 2.50 16.50 606.09 Mdsx Low 3.75 19.49 716.23 2.50 16.50 606.09 Mdsx High 3.85 19.59 719.90 2.55 16.55 607.92 Mdsx Average3.80 0.46 19.54 718.06 2.53 -0.30 16.52 607.01 Hensall 3.85 19.59 719.90 2.58 16.58 609.15 Bruce 3.85 19.59 719.90 2.60 16.60 609.76 Putnam 3.85 19.59 719.90 2.55 16.55 607.92 Burford 3.82 19.56 718.80 2.57 16.57 608.66 Port Perry 3.77 19.51 716.96 2.52 16.52 606.82 Norfolk 3.80 19.54 718.06 2.55 16.55 607.92 Palmerston 3.77 19.51 716.96 2.57 16.57 608.66 Varna 3.85 19.59 719.90 2.60 16.60 609.76 Trenton 3.85 19.59 719.90 2.65 16.65 611.60 Winchester 3.85 19.59 719.90 2.65 16.65 611.60 North Gower 3.40 19.14 703.37 2.60 16.60 609.76 Vankleek Hil3.14 18.88 693.81 2.51 16.51 606.45 Huron FOB 3.93 4.05 4.05 N/A 19.67 722.84 2.65 16.65 611.60 Kent FOB 3.90 19.64 721.74 2.55 16.55 607.92 Lambton FOB 3.90 19.64 721.74 2.65 16.65 611.60 Mdsx FOB 3.88 4.00 N/A N/A 19.62 721.00 2.51 16.51 606.45 PROCESSORS Windsor 3.89 19.63 721.37 2.73 16.73 614.54 TRANSFER Hamilton 4.30 20.04 736.44 3.00 17.00 624.46 Prescott N/A 2.75 16.75 615.27 Port Colborn3.75 19.49 716.23 2.98 16.98 623.72 Toledo El. 0.42 16.16 593.95 -0.42 13.57 498.72 Exchange rate was 1.206 down 0.0005 Chicago wheat closed mixed. JUL21 HI 7.18 1/2 JUL21 HI 7.18 1/2 LOW 6.92 1/2 LOW 6.92 1/2 CLOSE 6.98 Down 1 3/4 CLOSE 6.98 Down 1 3/4 Minni wheat closed slightly lower. JUL21 HI 7.26 1/4 SEP21 HI 7.32 1/4 LOW 7.10 LOW 7.16 1/4 CLOSE 7.14 Down 1 CLOSE 7.20 3/4 Down 1/4 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 N/A N/A N/A N/A 1.00 N/A London 1.55 1.55 1.55 N/A 1.17 1.05 0.87 N/A Hensall N/A N/A N/A N/A 1.30 N/A 1.00 N/A Trenton N/A N/A N/A N/A N/A N/A 1.00 N/A Bruce 1.65 1.70 1.65 1.40 1.25 1.25 1.00 1.40 Essex N/A N/A 1.70 N/A N/A N/A 1.00 N/A Norwich N/A N/A N/A N/A 1.30 N/A 1.00 N/A Port Hope N/A N/A N/A N/A N/A N/A 1.05 N/A Kent Bridge N/A N/A N/A N/A 1.30 N/A 1.00 N/A Chatham N/A N/A 1.70 N/A N/A N/A 1.00 N/A Brigden N/A N/A 1.70 N/A N/A N/A 1.00 N/A Palmerston N/A N/A 1.79 1.65 N/A 1.14 0.90 1.24 Varna 1.80 1.80 1.80 N/A 1.20 1.20 1.00 N/A Mitchell N/A N/A N/A N/A 1.30 1.25 1.00 N/A Thornton 1.55 1.55 1.55 1.45 1.17 1.05 0.87 N/A North Gower N/A 1.25 1.40 0.90 N/A 0.79 0.89 0.75 W O Feed 2.59 TERMINAL Port Colbor N/A N/A 1.93 N/A N/A N/A 1.25 N/A PROCESSORS Toledo FM N/A N/A 1.62 N/A N/A N/A 1.62 N/A Toledo El. 7.08US 8.54CA 7.08US 8.54CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 585.12 DDG's FOB Srn & Aylm 350.00 - 355.00