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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, August 18
Exchange rate was 1.295 up 0.0060
Chicago soybeans closed slightly higher.

      NOV22   HI 14.13                   NOV22     HI 14.13
             LOW 13.76  1/2                       LOW 13.76  1/2
            CLOSE14.05  1/4  Up 15 1/4          CLOSE 14.05  1/4  Up 15 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      4.99                         19.04 699.69  3.60        17.65 648.62
CK High     5.15                         19.20 705.57  3.70        17.75 652.29
CK Average  5.12                    0.76 19.18 704.59  3.68 -0.36  17.74 651.72
Essex Cty   5.15                         19.20 705.57  3.60        17.65 648.62
Mdsx Low    5.04                         19.09 701.53  3.65        17.70 650.46
Mdsx High   5.15                         19.20 705.57  3.74        17.79 653.76
Mdsx Average5.11                    0.75 19.17 704.22  3.70 -0.35  17.75 652.17
Hensall     5.18                         19.24 706.80  3.73        17.79 653.52
Bruce       5.00                         19.05 700.06  3.75        17.80 654.13
Putnam      5.15                         19.20 705.57  3.70        17.75 652.29
Burford     5.10                         19.15 703.73  3.80        17.85 655.97
Port Perry  4.98                         19.03 699.32  3.68        17.73 651.56
Norfolk     5.15                         19.20 705.57  3.70        17.75 652.29
Palmerston  5.31                         19.36 711.45  3.83        17.88 657.07
Varna       5.25                         19.30 709.25  3.75        17.80 654.13
Trenton      N/A                                       3.70        17.75 652.29
Winchester   N/A                                       3.68        17.73 651.56
North Gower  N/A                                       3.65        17.70 650.46
Vankleek Hil5.62                         19.67 722.84  3.62        17.67 649.35
Huron FOB   4.78  N/A   N/A   3.85       18.83 691.98  3.85        17.90 657.80
Kent FOB    5.15                         19.20 705.57  3.70        17.75 652.29
Lambton FOB 5.35                         19.40 712.92  3.90        17.95 659.64
Mdsx FOB    5.20  N/A   N/A   N/A        19.25 707.41  3.88        17.93 658.91

PROCESSORS
Windsor      N/A                                       4.25        18.30 672.50

TRANSFER
Hamilton    5.25                         19.30 709.25  4.35        18.40 676.18
Prescott     N/A                                       4.13        18.18 668.09
Port Colborn N/A                                       4.41        18.46 678.38

Toledo El.  0.32                         14.38 528.24 -0.45        13.60 499.69


Exchange rate was 1.295 up 0.0060
Chicago wheat closed lower.
SEP22      HI     7.66  1/2            JUL23   HI      8.07  3/4
           LOW    7.25  3/4                    LOW     7.73  1/4
           CLOSE  7.31  1/2  Down 31 3/4       CLOSE   7.78  3/4  Down 26 3/4

Minni wheat closed lower.
SEP22      HI     8.84  1/2            SEP23   HI         9.00
           LOW       8.50                      LOW        8.70
           CLOSE  8.52  3/4  Down 30 3/4       CLOSE   8.71  3/4  Down 24 1/4



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      2.59   1.88   1.10    N/A    2.34    1.69   1.24    N/A
Hensall     3.25    N/A   1.25    N/A    2.40    N/A    1.30    N/A
Trenton      N/A    N/A   1.00    N/A    N/A     N/A    1.25    N/A
Bruce       2.60   1.80   1.30   1.20    2.30    1.80   1.40    N/A
Essex        N/A    N/A   1.25    N/A    N/A     N/A    1.30    N/A
Norwich     3.25    N/A   1.25    N/A    2.40    N/A    1.30    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   1.25    N/A    2.40    N/A    1.30    N/A
Chatham      N/A    N/A   1.25    N/A    N/A     N/A    1.35    N/A
Brigden      N/A    N/A   1.25    N/A    N/A     N/A    1.35    N/A
Palmerston   N/A   2.16   1.32   2.13    N/A     N/A    1.33    N/A
Varna       2.75   2.20   1.30    N/A    2.50    2.00   1.40    N/A
Mitchell    3.25   2.20   1.25    N/A    2.40    1.80   1.30    N/A
Thornton    2.59   1.88   1.10   1.79    2.34    1.69   1.24    N/A
North Gower  N/A   0.80   1.20   1.07    N/A     0.85   1.25   0.87
W O Feed                  1.92

TERMINAL
Port Colbor  N/A    N/A   1.56    N/A    N/A     N/A    1.63    N/A

PROCESSORS
Toledo FM    N/A    N/A   2.09    N/A    N/A     N/A    2.17    N/A

Toledo El. 7.12US        9.21CA         7.69US         9.96CA


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

FEED GRAINS
FOB Hm Soymeal            755.54
DDG's FOB Srn & Aylm      310.00

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