FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, February 16

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, February 16 Exchange rate was 1.3476 up 0.0009 Chicago soybeans closed slightly higher. MAR24 HI 11.73 3/4 NOV24 HI 11.50 3/4 LOW 11.62 1/4 LOW 11.41 CLOSE11.72 1/4 Up 10 CLOSE 11.48 1/2 Up 7 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR24+MAY24+MAY24 CK Low 3.10 14.82 544.63 2.89 14.38 528.19 CK High 3.25 14.97 550.15 3.10 14.59 535.91 CK Average 3.14 -0.69 14.87 546.21 2.96 -0.77 14.44 530.61 Essex Cty 3.20 14.92 548.31 3.00 14.49 532.23 Mdsx Low 3.03 14.75 542.06 2.82 14.31 525.62 Mdsx High 3.10 14.82 544.63 2.90 14.39 528.56 Mdsx Average3.08 -0.74 14.81 543.99 2.88 -0.83 14.37 527.82 Hensall 3.13 14.86 545.86 2.88 14.37 527.95 Bruce 3.15 14.87 546.47 2.85 14.34 526.72 Putnam 3.10 14.82 544.63 2.90 14.39 528.56 Guelph 2.99 14.71 540.59 2.80 14.29 524.88 Burford 3.13 14.85 545.74 2.92 14.41 529.29 Port Perry 2.97 14.69 539.86 2.76 14.25 523.41 Norfolk 3.10 14.82 544.63 2.90 14.39 528.56 Palmerston 3.15 14.87 546.47 2.90 14.39 528.56 Varna 3.15 14.87 546.47 2.90 14.39 528.56 Trenton 2.90 14.62 537.28 2.80 14.29 524.88 Winchester 3.15 14.87 546.47 2.75 14.24 523.05 North Gower 2.85 14.57 535.45 2.85 14.34 526.72 Vankleek Hil2.99 14.71 540.59 2.81 14.30 525.25 Huron FOB 3.13 3.20 3.23 N/A 14.85 545.74 N/A Kent FOB 3.45 15.17 557.49 2.95 14.44 530.40 Lambton FOB 3.33 15.05 553.08 N/A Mdsx FOB 3.11 3.11 3.25 3.32 14.83 545.00 2.98 14.47 531.50 PROCESSORS Windsor 3.87 15.59 572.93 3.47 14.96 549.50 TRANSFER Hamilton 3.80 15.52 570.35 3.50 14.99 550.60 Prescott N/A 3.32 14.81 543.99 Port Colborn3.40 15.12 555.66 3.46 14.95 549.13 Toledo El. -0.40 11.32 415.87 -0.74 10.74 394.77 Exchange rate was 1.3476 up 0.0009 Chicago wheat closed slightly lower. MAR24 HI 5.71 3/4 JUL24 HI 5.71 LOW 5.56 3/4 LOW 5.58 1/4 CLOSE 5.60 1/2 Down 6 1/2 CLOSE 5.61 3/4 Down 8 1/4 Minni wheat closed slightly lower. MAR24 HI 6.60 1/4 SEP24 HI 6.74 3/4 LOW 6.51 LOW 6.63 CLOSE 6.54 3/4 Down 3 1/4 CLOSE 6.67 Down 3 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 1.15 N/A N/A N/A 1.20 N/A London 1.30 1.37 1.03 N/A 1.38 1.38 1.04 N/A Hensall 1.30 1.55 1.15 1.10 1.65 1.65 1.15 1.05 Trenton N/A N/A N/A N/A N/A N/A 1.15 N/A Bruce N/A 1.45 1.15 0.95 1.45 1.45 1.15 0.95 Essex N/A N/A 1.15 N/A N/A N/A 1.15 N/A Norwich 1.30 N/A 1.15 N/A 1.75 N/A 1.15 N/A Belmore N/A 1.00 1.15 0.90 1.20 1.15 1.15 N/A Kent Bridge 1.30 N/A 1.15 N/A 1.75 N/A 1.15 N/A Chatham N/A N/A 1.15 N/A N/A N/A 1.15 N/A Brigden N/A N/A 1.15 N/A N/A N/A 1.15 N/A Palmerston N/A 1.00 1.15 0.90 1.20 1.15 1.15 N/A Varna 1.30 1.55 1.15 N/A 1.65 1.65 1.15 N/A Mitchell 1.30 1.55 1.15 N/A 1.75 1.65 1.15 N/A Thornton 1.30 1.37 1.03 0.94 1.38 1.38 1.04 N/A North Gower N/A 1.20 1.50 1.02 N/A 1.19 1.49 0.97 W O Feed 1.83 TERMINAL Port Colbor N/A N/A 1.77 N/A N/A N/A 1.51 N/A PROCESSORS Toledo FM N/A N/A N/A N/A N/A N/A 1.82 N/A Toledo El. 5.26US 7.08CA 5.38US 7.25CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 574.98 DDG's FOB Aylm 265.00