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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, August 16
Exchange rate was 1.2847 down 0.0057
Chicago soybeans closed slightly to moderately lower.

      NOV22   HI 14.13  3/4              NOV22     HI 14.13  3/4
             LOW 13.76                            LOW 13.76
            CLOSE13.81   Down 31 1/4            CLOSE 13.81   Down 31 1/4

            OLD CROP                                  NEW CROP
Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt
ELEVATORS        +NOV22+NOV22+NOV22
CK Low      5.03                         18.84 692.25  3.65        17.46 641.55
CK High     5.25                         19.06 700.34  3.75        17.56 645.22
CK Average  5.21                    0.99 19.02 698.68  3.73 -0.15  17.54 644.64
Essex Cty   5.25                         19.06 700.34  3.65        17.46 641.55
Mdsx Low    5.08                         18.89 694.09  3.65        17.46 641.55
Mdsx High   5.25                         19.06 700.34  3.79        17.60 646.69
Mdsx Average5.16                    0.96 18.97 697.03  3.73 -0.16  17.54 644.48
Hensall     5.25                         19.06 700.34  3.75        17.56 645.22
Bruce       5.00                         18.81 691.15  3.75        17.56 645.22
Putnam      5.25                         19.06 700.34  3.75        17.56 645.22
Burford     5.14                         18.95 696.29  3.85        17.66 648.89
Port Perry  5.02                         18.83 691.88  3.73        17.54 644.48
Norfolk     5.25                         19.06 700.34  3.75        17.56 645.22
Palmerston  4.95                         18.76 689.31  3.47        17.28 634.93
Varna       5.25                         19.06 700.34  3.75        17.56 645.22
Trenton      N/A                                       3.75        17.56 645.22
Winchester   N/A                                       3.76        17.57 645.59
North Gower  N/A                                       3.60        17.41 639.71
Vankleek Hil5.29                         19.10 701.80  3.45        17.26 634.20
Huron FOB   4.89  N/A   N/A   3.77       18.70 687.11  3.77        17.58 645.95
Kent FOB    5.25                         19.06 700.34  3.75        17.56 645.22
Lambton FOB 5.35                         19.16 704.01  3.90        17.71 650.73
Mdsx FOB    5.24  N/A   N/A   N/A        19.05 699.97  3.93        17.74 651.83

PROCESSORS
Windsor      N/A                                       4.07        17.88 656.98

TRANSFER
Hamilton    5.35                         19.16 704.01  4.40        18.21 669.10
Prescott     N/A                                       4.02        17.83 655.14
Port Colborn N/A                                       4.46        18.27 671.31

Toledo El.  0.32                         14.13 519.23 -0.45        13.36 490.91


Exchange rate was 1.2847 down 0.0057
Chicago wheat closed moderately lower.
SEP22      HI     8.10  1/2            JUL23   HI         8.48
           LOW    7.82  1/2                    LOW     8.21  1/2
           CLOSE  7.86   Down 14 3/4           CLOSE   8.25   Down 14 3/4

Minni wheat closed slightly lower.
SEP22      HI     9.18  1/4            SEP23   HI         9.25
           LOW       8.98                      LOW     9.11  3/4
           CLOSE  9.02  3/4  Down 8            CLOSE   9.12  1/2  Down 11



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   2.03   1.26    N/A    2.47    1.83   1.44    N/A
Hensall     3.25    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   1.80   1.30   1.20    2.30    1.80   1.40    N/A
Essex        N/A    N/A   1.35    N/A    N/A     N/A    1.40    N/A
Norwich     3.25    N/A   1.30    N/A    2.50    N/A    1.40    N/A
Port Hope    N/A    N/A   1.15    N/A    N/A     N/A    1.40    N/A
Kent Bridge 3.25    N/A   1.30    N/A    2.50    N/A    1.40    N/A
Chatham      N/A    N/A   1.35    N/A    N/A     N/A    1.45    N/A
Brigden      N/A    N/A   1.35    N/A    N/A     N/A    1.45    N/A
Palmerston   N/A   2.23   1.39   2.18    N/A     N/A    1.37    N/A
Varna       2.75   2.20   1.30    N/A    2.50    2.00   1.40    N/A
Mitchell    3.25   2.20   1.30    N/A    2.50    1.80   1.40    N/A
Thornton    2.74   2.03   1.26   1.91    2.47    1.83   1.44    N/A
North Gower  N/A   0.85   1.25   1.07    N/A     0.90   1.30   0.87
W O Feed                  2.00

TERMINAL
Port Colbor  N/A    N/A   1.78    N/A    N/A     N/A    1.83    N/A

PROCESSORS
Toledo FM    N/A    N/A   2.17    N/A    N/A     N/A    2.22    N/A

Toledo El. 7.66US        9.84CA         8.15US         10.47CA


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

FEED GRAINS
FOB Hm Soymeal            740.66
DDG's FOB Srn & Aylm      310.00

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