FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, January 23

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, January 23 Exchange rate was 1.3464 up 0.0001 Chicago soybeans closed slightly higher. MAR24 HI 12.40 1/2 NOV24 HI 12.07 LOW 12.21 1/2 LOW 11.95 1/4 CLOSE12.39 1/2 Up 15 1/4 CLOSE 12.07 Up 9 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR24+MAR24+MAY24 CK Low 3.10 15.50 569.34 2.95 15.02 551.89 CK High 3.35 15.75 578.53 3.15 15.22 559.24 CK Average 3.22 -0.80 15.61 573.70 3.03 -0.85 15.10 554.99 Essex Cty 3.30 15.70 576.69 3.15 15.22 559.24 Mdsx Low 3.16 15.56 571.55 2.92 14.99 550.79 Mdsx High 3.20 15.60 573.02 3.05 15.12 555.56 Mdsx Average3.19 -0.82 15.59 572.65 2.99 -0.88 15.06 553.45 Hensall 3.20 15.60 573.02 2.95 15.02 551.89 Bruce 3.20 15.60 573.02 2.95 15.02 551.89 Putnam 3.20 15.60 573.02 3.00 15.07 553.73 Guelph 3.14 15.54 570.81 3.04 15.11 555.20 Burford 3.26 15.66 575.22 3.02 15.09 554.46 Port Perry 3.10 15.50 569.34 2.86 14.93 548.58 Norfolk 3.20 15.60 573.02 3.10 15.17 557.40 Palmerston 3.20 15.60 573.02 2.95 15.02 551.89 Varna 3.20 15.60 573.02 2.95 15.02 551.89 Trenton 2.90 15.30 562.00 2.85 14.92 548.22 Winchester 2.40 14.80 543.62 2.94 15.01 551.52 North Gower 2.85 15.25 560.16 2.85 14.92 548.22 Vankleek Hil3.21 15.61 573.39 3.07 15.14 556.30 Huron FOB 3.30 3.43 3.43 N/A 15.70 576.69 N/A Kent FOB 3.45 15.85 582.20 3.05 15.12 555.56 Lambton FOB 3.13 15.53 570.45 N/A Mdsx FOB 3.41 3.41 3.41 3.50 15.81 580.73 3.09 15.16 557.03 PROCESSORS Windsor 4.10 16.50 606.09 3.69 15.76 579.08 TRANSFER Hamilton 3.90 16.30 598.74 3.60 15.67 575.77 Prescott N/A 3.47 15.54 571.00 Port Colborn3.60 16.00 587.72 3.57 15.64 574.67 Toledo El. -0.47 11.92 438.12 -0.74 11.33 416.29 Exchange rate was 1.3464 up 0.0001 Chicago wheat closed narrowly mixed. MAR24 HI 6.06 3/4 JUL24 HI 6.21 1/2 LOW 5.93 3/4 LOW 6.09 3/4 CLOSE 5.96 1/2 Unchanged CLOSE 6.12 3/4 Up 3/4 Minni wheat closed narrowly mixed. MAR24 HI 7.07 1/4 SEP24 HI 7.24 LOW 6.97 1/4 LOW 7.15 1/2 CLOSE 6.99 Down 1 1/2 CLOSE 7.18 Up 1/2 Direct MarkHarvest 2023 Harvest 2024 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 1.15 N/A London 1.41 1.48 1.14 N/A 1.39 1.53 1.19 N/A Hensall 1.25 1.50 1.10 1.05 1.60 1.60 1.15 1.00 Trenton N/A N/A N/A N/A N/A N/A 1.15 N/A Bruce N/A 1.40 1.10 0.95 1.45 1.45 1.15 0.85 Essex N/A N/A 1.10 N/A N/A N/A 1.15 N/A Norwich 1.20 N/A 1.10 N/A 1.70 N/A 1.15 N/A Belmore N/A 0.90 1.10 0.90 1.70 1.15 1.15 N/A Kent Bridge 1.20 N/A 1.10 N/A 1.70 N/A 1.15 N/A Chatham N/A N/A 1.10 N/A N/A N/A 1.15 N/A Brigden N/A N/A 1.10 N/A N/A N/A 1.15 N/A Palmerston N/A 0.90 1.10 0.90 1.70 1.15 1.15 N/A Varna 1.25 1.50 1.10 N/A 1.60 1.60 1.15 N/A Mitchell 1.20 1.45 1.10 N/A 1.70 1.60 1.15 N/A Thornton 1.41 1.48 1.14 0.96 1.39 1.53 1.19 N/A North Gower N/A 1.00 1.30 0.87 N/A 1.22 1.52 0.97 W O Feed 1.93 TERMINAL Port Colbor N/A N/A 1.74 N/A N/A N/A 1.66 N/A PROCESSORS Toledo FM N/A N/A 1.60 N/A N/A N/A 1.99 N/A Toledo El. N/A 5.89US 7.93CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 578.83 DDG's FOB Aylm 275.00