FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, January 14
Exchange rate was 1.2566 up 0.0071
Chicago soybeans closed slightly lower.

      MAR22   HI 13.80                   NOV22     HI 13.03  1/2
             LOW 13.63  3/4                       LOW 12.90  1/2
            CLOSE13.69  3/4  Down 7 1/2         CLOSE 12.93   Down 11 1/2

            OLD CROP                                  NEW CROP
Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt
ELEVATORS        +MAR22+MAR22+MAY22
CK Low      3.05                         16.75 615.37  2.55        15.48 568.79
CK High     3.08                         16.78 616.47  2.60        15.53 570.63
CK Average  3.05                   -0.37 16.75 615.52  2.57 -0.61  15.50 569.37
Essex Cty   3.05                         16.75 615.37  2.55        15.48 568.79
Mdsx Low    3.05                         16.75 615.37  2.55        15.48 568.79
Mdsx High   3.07                         16.77 616.10  2.55        15.48 568.79
Mdsx Average3.06                   -0.36 16.75 615.61  2.55 -0.62  15.48 568.79
Hensall     3.05                         16.75 615.37  2.55        15.48 568.79
Bruce       3.05                         16.75 615.37  2.55        15.48 568.79
Putnam      3.05                         16.75 615.37  2.55        15.48 568.79
Burford     3.14                         16.84 618.67  2.62        15.55 571.36
Port Perry  3.03                         16.73 614.63  2.51        15.44 567.32
Norfolk     3.05                         16.75 615.37  2.55        15.48 568.79
Palmerston  3.13                         16.83 618.30  2.66        15.59 572.83
Varna       3.05                         16.75 615.37  2.55        15.48 568.79
Trenton     3.00                         16.70 613.53  2.50        15.43 566.96
Winchester  3.03                         16.73 614.63  2.57        15.50 569.53
North Gower 3.10                         16.80 617.20  2.85        15.78 579.82
Vankleek Hil3.46                         17.16 630.43  2.76        15.69 576.51
Huron FOB   3.16  3.29  3.32  3.40       16.86 619.41  N/A
Kent FOB    3.25                         16.95 622.71  2.55        15.48 568.79
Lambton FOB 3.20                         16.90 620.88  2.60        15.53 570.63
Mdsx FOB    3.28  3.28  3.33  3.27       16.98 623.82  2.62        15.55 571.36

PROCESSORS
Windsor     3.76                         17.46 641.45  2.93        15.86 582.76

TRANSFER
Hamilton    3.50                         17.20 631.90  2.95        15.88 583.49
Prescott     N/A                                       3.11        16.04 589.37
Port Colborn3.48                         17.18 631.17  3.08        16.01 588.27

Toledo El.  -0.25                        13.45 494.06 -0.50        12.43 456.62


Exchange rate was 1.2566 up 0.0071
Chicago wheat closed slightly lower.
MAR22      HI     7.47  1/4            JUL22   HI      7.44  1/2
           LOW    7.37                         LOW        7.36
           CLOSE  7.41  1/2  Down 5 1/4        CLOSE   7.37  1/4  Down 5 1/4

Minni wheat closed lower.
MAR22      HI     8.95  1/2            SEP22   HI         8.70
           LOW       8.76                      LOW     8.53  3/4
           CLOSE  8.78  1/4  Down 17 1/4       CLOSE   8.55  1/4  Down 18 3/4



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   1.15    N/A    N/A     N/A    1.40    N/A
London      1.10   1.35   0.92    N/A    1.66    1.60   1.35    N/A
Hensall     1.15    N/A   1.15    N/A    2.20    N/A    1.40    N/A
Trenton      N/A    N/A    N/A    N/A    N/A     N/A    1.40    N/A
Bruce       1.00   1.45   1.00    N/A    2.20    1.70   1.40   1.25
Essex        N/A    N/A   0.90    N/A    N/A     N/A    1.30    N/A
Norwich     1.15    N/A   1.15    N/A    2.20    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 1.15    N/A   1.15    N/A    2.20    N/A    1.40    N/A
Chatham      N/A    N/A   0.90    N/A    N/A     N/A    1.30    N/A
Brigden      N/A    N/A   0.90    N/A    N/A     N/A    1.30    N/A
Palmerston   N/A    N/A   1.08   1.63    N/A     N/A    1.49   1.46
Varna       1.35   1.85   1.10    N/A    2.05    1.60   1.40    N/A
Mitchell    1.15   1.75   1.15    N/A    2.20    1.70   1.40    N/A
Thornton    1.10   1.35   0.92   1.81    1.66    1.60   1.41    N/A
North Gower  N/A   0.90   1.30   1.07    N/A     N/A    1.43    N/A
W O Feed                  1.86

TERMINAL
Port Colbor  N/A    N/A   1.62    N/A    N/A     N/A    1.73    N/A

PROCESSORS
Toledo FM    N/A    N/A   2.28    N/A    N/A     N/A    2.02    N/A

Toledo El. 7.27US        9.13CA         7.32US         9.21CA


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

FEED GRAINS
FOB Hm Soymeal            603.64
DDG's FOB Srn & Aylm     295.00 - 300.00