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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, May 13
Exchange rate was 1.2953 down 0.0123
Chicago soybeans closed slightly higher to higher.

      JUL22   HI 16.51  1/2              NOV22     HI 15.03  1/4
             LOW 16.14                            LOW 14.78  1/4
            CLOSE16.46  1/2  Up 32 3/4          CLOSE 14.98  1/4  Up 17 3/4

            OLD CROP                                  NEW CROP
Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt
ELEVATORS        +JUL22+JUL22+SEP22
CK Low      4.83                         21.30 782.46  3.80        18.78 690.14
CK High     4.85                         21.32 783.19  3.85        18.83 691.98
CK Average  4.85                   -0.01 21.31 783.09  3.83 -0.46  18.81 691.14
Essex Cty   4.85                         21.32 783.19  3.85        18.83 691.98
Mdsx Low    4.75                         21.22 779.52  3.75        18.73 688.30
Mdsx High   4.85                         21.32 783.19  3.86        18.84 692.34
Mdsx Average4.82                   -0.04 21.28 781.97  3.82 -0.47  18.80 690.87
Hensall     4.85                         21.32 783.19  3.82        18.80 690.75
Bruce       4.75                         21.22 779.52  3.75        18.73 688.30
Putnam      4.85                         21.32 783.19  3.85        18.83 691.98
Burford     4.91                         21.38 785.40  3.92        18.90 694.55
Port Perry  4.76                         21.23 779.89  3.77        18.75 689.04
Norfolk     4.85                         21.32 783.19  3.90        18.88 693.81
Palmerston  4.74                         21.21 779.15  3.79        18.77 689.77
Varna       4.85                         21.32 783.19  3.80        18.78 690.14
Trenton     4.80                         21.27 781.35  3.85        18.83 691.98
Winchester  4.64                         21.11 775.48  3.66        18.64 684.99
North Gower 4.60                         21.07 774.01  3.75        18.73 688.30
Vankleek Hil4.53                         21.00 771.43  3.72        18.70 687.20
Huron FOB   4.69  4.86  4.99  5.18       21.16 777.31  3.89        18.87 693.45
Kent FOB    5.05                         21.52 790.54  3.85        18.83 691.98
Lambton FOB 4.90                         21.37 785.03  N/A
Mdsx FOB    5.15  5.15  5.21  N/A        21.62 794.22  4.09        19.07 700.79

PROCESSORS
Windsor     5.66                         22.13 812.95  N/A

TRANSFER
Hamilton    5.50                         21.97 807.08  4.50        19.48 715.86
Prescott     N/A                                       4.24        19.22 706.31
Port Colborn N/A                                       4.20        19.18 704.84

Toledo El.  0.06                         16.53 607.36 -0.45        14.53 533.85


Exchange rate was 1.2953 down 0.0123
Chicago wheat closed slightly lower.
JUL22      HI     11.98  1/2           SEP22   HI      12.01  1/4
           LOW    11.58  1/2                   LOW     11.62  1/4
           CLOSE  11.77  1/2  Down 1 1/4       CLOSE   11.81   Down  3/4

Minni wheat closed slightly higher.
JUL22      HI     13.35  3/4           SEP22   HI        13.30
           LOW    13.10  1/2                   LOW     13.05  1/4
           CLOSE  13.25   Up 9                 CLOSE   13.18  3/4  Up 7



Direct MarkHarvest 2021                Harvest 2022
           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    2.25    N/A
London      2.67   2.99   2.41    N/A    3.42    2.96   2.57    N/A
Hensall     2.00    N/A   2.00    N/A    3.25    N/A    2.25    N/A
Trenton      N/A    N/A    N/A    N/A    N/A     N/A    2.20    N/A
Bruce        N/A    N/A   2.00    N/A    3.15    2.55   2.25   1.40
Essex        N/A    N/A   2.10    N/A    N/A     N/A    2.30    N/A
Norwich     2.00    N/A   2.00    N/A    3.25    N/A    2.25    N/A
Port Hope    N/A    N/A    N/A    N/A    N/A     N/A    2.25    N/A
Kent Bridge 2.00    N/A   2.00    N/A    3.25    N/A    2.25    N/A
Chatham      N/A    N/A   2.10    N/A    N/A     N/A    2.30    N/A
Brigden      N/A    N/A   2.10    N/A    N/A     N/A    2.30    N/A
Palmerston   N/A   2.70   2.25   3.14    N/A     3.10   2.58    N/A
Varna       2.35   2.85   2.10    N/A    3.20    2.65   2.30    N/A
Mitchell    2.00   2.65   2.00    N/A    3.25    2.55   2.25    N/A
Thornton    2.67   2.99   2.41   1.59    3.42    2.96   2.57    N/A
North Gower  N/A    N/A    N/A    N/A    N/A     N/A    2.25    N/A
W O Feed                  2.89

TERMINAL
Port Colbor  N/A    N/A   2.87    N/A    N/A     N/A    2.97    N/A

PROCESSORS
Toledo FM    N/A    N/A   3.53    N/A    N/A     N/A    3.49    N/A

Toledo El. 11.38US       14.73CA       11.58US         15.00CA


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

FEED GRAINS
FOB Hm Soymeal            649.60
DDG's FOB Srn & Aylm     410.00 - 415.00

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