FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, May 24

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, May 24 Exchange rate was 1.3654 down 0.0075 Chicago soybeans closed mixed. JUL24 HI 12.51 NOV24 HI 12.22 1/4 LOW 12.36 LOW 12.12 1/2 CLOSE12.48 Up 8 3/4 CLOSE 12.19 1/2 Up 3 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL24+JUL24+AUG24 CK Low 3.54 16.02 588.63 3.30 15.50 569.34 CK High 3.65 16.13 592.68 3.50 15.70 576.69 CK Average 3.59 -0.71 16.07 590.52 3.36 -0.81 15.55 571.39 Essex Cty 3.65 16.13 592.68 3.35 15.55 571.18 Mdsx Low 3.49 15.97 586.80 3.29 15.49 568.98 Mdsx High 3.60 16.08 590.84 3.40 15.60 573.02 Mdsx Average3.56 -0.73 16.04 589.37 3.34 -0.82 15.53 570.63 Hensall 3.50 15.98 587.16 3.27 15.46 568.12 Bruce 3.50 15.98 587.16 3.30 15.50 569.34 Putnam 3.60 16.08 590.84 3.40 15.60 573.02 Guelph 3.45 15.93 585.33 3.21 15.41 566.04 Burford 3.54 16.02 588.63 3.34 15.54 570.81 Port Perry 3.38 15.86 582.76 3.18 15.38 564.93 Norfolk 3.55 16.03 589.00 3.35 15.55 571.18 Palmerston 3.45 15.93 585.33 3.25 15.45 567.51 Varna 3.50 15.98 587.16 3.25 15.45 567.51 Trenton N/A 3.15 15.35 563.83 Winchester 3.34 15.82 581.29 3.00 15.20 558.32 North Gower 2.90 15.38 565.12 2.95 15.15 556.48 Vankleek Hil3.41 15.89 583.86 3.03 15.23 559.42 Huron FOB 3.46 3.46 3.65 N/A 15.94 585.69 3.25 15.45 567.51 Kent FOB 3.80 16.28 598.19 3.30 15.50 569.34 Lambton FOB 3.52 16.00 587.90 N/A Mdsx FOB 3.54 3.54 3.75 3.74 16.02 588.63 3.47 15.67 575.59 PROCESSORS Windsor 4.12 16.60 609.95 3.78 15.98 586.98 TRANSFER Hamilton 4.00 16.48 605.54 3.85 16.05 589.55 Prescott N/A 3.77 15.97 586.61 Port Colborn3.77 16.25 597.09 3.95 16.15 593.23 Toledo El. -0.55 11.93 438.49 -0.68 11.51 423.01 Exchange rate was 1.3654 down 0.0075 Chicago wheat closed narrowly mixed. JUL24 HI 7.06 JUL24 HI 7.06 LOW 6.89 LOW 6.89 CLOSE 6.97 1/4 Down 3/4 CLOSE 6.97 1/4 Down 3/4 Minni wheat closed slightly to moderately higher. JUL24 HI 7.54 3/4 SEP24 HI 7.64 1/2 LOW 7.44 LOW 7.54 1/4 CLOSE 7.52 3/4 Up 8 3/4 CLOSE 7.62 1/2 Up 8 1/4 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 1.50 N/A N/A N/A 1.50 N/A London 1.75 2.09 1.48 N/A 1.96 2.09 1.48 N/A Hensall 1.60 2.10 1.50 1.65 1.95 2.10 1.50 1.55 Trenton N/A N/A N/A N/A N/A N/A 1.45 N/A Bruce N/A 1.95 1.50 N/A 1.80 1.95 1.50 0.95 Essex N/A N/A 1.50 N/A N/A N/A 1.50 N/A Norwich N/A N/A 1.50 N/A 2.05 N/A 1.50 N/A Belmore N/A N/A N/A N/A 1.30 1.55 1.50 0.95 Kent Bridge N/A N/A 1.50 N/A 2.05 N/A 1.50 N/A Chatham N/A N/A 1.50 N/A N/A N/A 1.50 N/A Brigden N/A N/A 1.50 N/A N/A N/A 1.50 N/A Palmerston N/A N/A N/A N/A 1.30 1.55 1.50 0.95 Varna 1.60 2.10 1.50 N/A 1.95 2.10 1.50 N/A Mitchell N/A N/A 1.50 N/A 2.05 2.00 1.50 N/A Thornton 1.75 2.09 1.48 1.40 1.96 2.09 1.48 N/A North Gower N/A 1.20 1.50 1.12 N/A 1.20 1.50 0.97 W O Feed 2.10 TERMINAL Port Colbor N/A N/A 2.09 N/A N/A N/A 2.16 N/A PROCESSORS Toledo FM N/A N/A 2.21 N/A N/A N/A 2.34 N/A Toledo El. 6.69US 9.14CA 6.77US 9.25CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 639.90 DDG's FOB Aylm 245.00