FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, January 25 Exchange rate was 1.2745 up 0.0022 Chicago soybeans closed moderately higher to higher. MAR21 HI 13.52 1/4 NOV21 HI 11.37 1/2 LOW 12.98 LOW 10.97 CLOSE13.43 1/2 Up 31 3/4 CLOSE 11.30 1/4 Up 18 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR21+MAR21+MAY21 CK Low 3.09 16.53 607.19 2.51 13.81 507.52 CK High 3.15 16.59 609.39 2.60 13.90 510.83 CK Average 3.12 -0.44 16.56 608.41 2.55 -0.43 13.85 509.05 Essex Cty 3.10 16.54 607.56 2.50 13.80 507.16 Mdsx Low 3.07 16.51 606.45 2.49 13.79 506.79 Mdsx High 3.15 16.59 609.39 2.55 13.85 508.99 Mdsx Average3.11 -0.45 16.55 607.92 2.52 -0.45 13.82 507.89 Hensall 3.15 16.59 609.39 2.55 13.85 508.99 Bruce 3.15 16.59 609.39 2.55 13.85 508.99 Putnam 3.15 16.59 609.39 2.55 13.85 508.99 Burford 3.14 16.58 609.03 2.56 13.86 509.36 Port Perry 3.06 16.50 606.09 2.48 13.78 506.42 Norfolk 3.10 16.54 607.56 2.55 13.85 508.99 Palmerston 3.23 16.67 612.33 2.57 13.87 509.73 Varna 3.20 16.64 611.23 2.60 13.90 510.83 Trenton 3.20 16.64 611.23 2.60 13.90 510.83 Winchester 3.20 16.64 611.23 2.61 13.91 511.20 North Gower 3.35 16.79 616.74 2.73 14.03 515.61 Vankleek Hil3.06 16.50 606.09 2.51 13.81 507.52 Huron FOB 3.44 3.47 3.47 3.53 16.88 620.05 2.67 13.97 513.40 Kent FOB 3.10 16.54 607.56 2.55 13.85 508.99 Lambton FOB 3.25 16.69 613.07 2.80 14.10 518.18 Mdsx FOB 3.20 3.27 3.33 N/A 16.64 611.23 2.65 13.95 512.67 PROCESSORS Windsor 3.69 17.13 629.24 2.85 14.15 520.02 TRANSFER Hamilton 3.55 16.99 624.09 3.00 14.30 525.53 Prescott N/A 2.95 14.25 523.69 Port Colborn3.61 17.05 626.30 3.06 14.36 527.73 Toledo El. -0.13 13.31 488.97 -0.45 10.86 398.92 Exchange rate was 1.2745 up 0.0022 Chicago wheat closed moderately higher to higher. MAR21 HI 6.51 1/2 JUL21 HI 6.35 3/4 LOW 6.24 1/4 LOW 6.15 1/4 CLOSE 6.48 1/2 Up 14 CLOSE 6.33 3/4 Up 9 3/4 Minni wheat closed higher. MAR21 HI 6.27 1/2 SEP21 HI 6.46 1/4 LOW 6.05 LOW 6.26 CLOSE 6.26 Up 13 1/2 CLOSE 6.44 1/4 Up 12 1/2 Direct MarkHarvest 2020 Harvest 2021 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 1.35 N/A N/A N/A 1.00 N/A London 1.33 1.26 1.20 N/A 1.23 1.23 0.97 N/A Hensall 1.40 N/A 1.35 N/A 1.30 N/A 1.00 N/A Trenton N/A N/A N/A N/A N/A N/A 1.10 N/A Bruce 1.30 1.40 1.30 1.40 1.25 1.30 1.10 1.30 Essex N/A N/A 1.25 N/A N/A N/A 1.00 N/A Norwich 1.40 N/A 1.35 N/A 1.30 N/A 1.00 N/A Port Hope N/A N/A N/A N/A N/A N/A 1.10 N/A Kent Bridge 1.40 N/A 1.35 N/A 1.30 N/A 1.00 N/A Chatham N/A N/A 1.25 N/A N/A N/A 1.00 N/A Brigden N/A N/A 1.25 N/A N/A N/A 1.00 N/A Palmerston N/A 1.20 1.26 N/A N/A 1.28 1.09 N/A Varna 1.30 1.35 1.30 N/A 1.25 1.25 1.05 N/A Mitchell 1.40 1.50 1.35 N/A 1.30 1.25 1.00 N/A Thornton N/A N/A N/A 1.12 N/A N/A N/A N/A North Gower N/A 1.12 1.12 0.75 N/A 1.20 1.20 0.75 W O Feed 2.01 TERMINAL Port Colbor N/A N/A 1.72 N/A N/A N/A 1.36 N/A PROCESSORS Toledo FM N/A N/A 1.78 N/A N/A N/A 1.73 N/A Toledo El. 6.49US 8.26CA 6.29US 8.01CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 638.91 DDG's FOB Srn & Aylm 340.00 - 350.00