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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, August 5
Exchange rate was 1.2932 up 0.0079
Chicago soybeans closed slightly lower.

      NOV22   HI 14.28  3/4              NOV22     HI 14.28  3/4
             LOW 13.92  3/4                       LOW 13.92  3/4
            CLOSE14.08  3/4  Down 9             CLOSE 14.08  3/4  Down 9

            OLD CROP                                  NEW CROP
Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt
ELEVATORS        +NOV22+NOV22+NOV22
CK Low      4.85                         18.94 695.83  3.75        17.84 655.42
CK High     5.45                         19.54 717.88  3.80        17.89 657.25
CK Average  5.34                    0.93 19.42 713.68  3.78 -0.27  17.87 656.52
Essex Cty   5.45                         19.54 717.88  3.75        17.84 655.42
Mdsx Low    5.20                         19.29 708.69  3.60        17.69 649.90
Mdsx High   5.45                         19.54 717.88  3.81        17.90 657.62
Mdsx Average5.32                    0.92 19.40 712.98  3.74 -0.30  17.82 654.93
Hensall     5.55                         19.64 721.55  3.75        17.84 655.42
Bruce       5.20                         19.29 708.69  3.80        17.89 657.25
Putnam      5.45                         19.54 717.88  3.85        17.94 659.09
Burford     5.36                         19.45 714.57  3.87        17.96 659.83
Port Perry  5.24                         19.33 710.16  3.75        17.84 655.42
Norfolk     5.45                         19.54 717.88  3.85        17.94 659.09
Palmerston   N/A                                       3.75        17.84 655.42
Varna       5.35                         19.44 714.21  3.75        17.84 655.42
Trenton      N/A                                       3.80        17.89 657.25
Winchester   N/A                                       3.77        17.86 656.15
North Gower  N/A                                       3.60        17.69 649.90
Vankleek Hil5.50                         19.59 719.72  3.40        17.49 642.56
Huron FOB   5.41  N/A   N/A   3.89       19.50 716.41  3.89        17.98 660.56
Kent FOB    5.45                         19.54 717.88  3.80        17.89 657.25
Lambton FOB 6.05                         20.14 739.93  3.82        17.91 657.99
Mdsx FOB    5.60  N/A   N/A   N/A        19.69 723.39  4.02        18.11 665.34

PROCESSORS
Windsor      N/A                                       4.19        18.28 671.58

TRANSFER
Hamilton    5.90                         19.99 734.41  4.50        18.59 682.97
Prescott     N/A                                       3.97        18.06 663.50
Port Colborn N/A                                       4.55        18.64 684.81

Toledo El.  0.97                         15.06 553.26 -0.45        13.63 501.00


Exchange rate was 1.2932 up 0.0079
Chicago wheat closed slightly lower.
SEP22      HI     7.96  3/4            JUL23   HI         8.41
           LOW    7.69  3/4                    LOW     8.17  1/2
           CLOSE  7.75  3/4  Down 6 3/4        CLOSE   8.27  1/2  Down  3/4

Minni wheat closed slightly to moderately lower.
SEP22      HI        9.06              SEP23   HI         9.15
           LOW    8.82  1/2                    LOW     8.95  3/4
           CLOSE  8.86  1/2  Down 7 3/4        CLOSE   9.01   Down 14 3/4



Direct MarkHarvest 2022                Harvest 2023
           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   1.30    N/A    N/A     N/A    1.40    N/A
London      2.74   2.09   1.31    N/A    2.23    1.84   1.45    N/A
Hensall     2.80    N/A   1.30    N/A    2.50    N/A    1.40    N/A
Trenton      N/A    N/A   1.20    N/A    N/A     N/A    1.40    N/A
Bruce       2.60   2.00   1.30   1.30    2.30    1.80   1.40    N/A
Essex        N/A    N/A   1.30    N/A    N/A     N/A    1.35    N/A
Norwich     2.80    N/A   1.30    N/A    2.50    N/A    1.40    N/A
Port Hope    N/A    N/A   1.20    N/A    N/A     N/A    1.40    N/A
Kent Bridge 2.80    N/A   1.30    N/A    2.50    N/A    1.40    N/A
Chatham      N/A    N/A   1.30    N/A    N/A     N/A    1.40    N/A
Brigden      N/A    N/A   1.30    N/A    N/A     N/A    1.40    N/A
Palmerston   N/A   2.27   1.56   2.21    N/A     N/A    1.57    N/A
Varna       2.80   2.25   1.40    N/A    2.50    2.00   1.45    N/A
Mitchell    2.80   2.00   1.30    N/A    2.50    1.80   1.40    N/A
Thornton    2.74   2.09   1.31   2.04    2.23    1.84   1.45    N/A
North Gower  N/A   0.90   1.30   1.07    N/A     0.90   1.30   0.82
W O Feed                  2.07

TERMINAL
Port Colbor  N/A    N/A   1.84    N/A    N/A     N/A    1.85    N/A

PROCESSORS
Toledo FM    N/A    N/A   2.27    N/A    N/A     N/A    2.30    N/A

Toledo El. 7.56US        9.77CA         8.18US         10.57CA


(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange

FEED GRAINS
FOB Hm Soymeal            799.30
DDG's FOB Srn & Aylm     310.00 - 320.00

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