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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, December 3
Exchange rate was 1.2831 up 0.0022
Chicago soybeans closed slightly to moderately higher.

      JAN22   HI 12.70                   NOV22     HI 12.37  3/4
             LOW 12.44  1/4                       LOW 12.20
            CLOSE12.67  1/4  Up 23              CLOSE 12.34   Up 14 3/4

            OLD CROP                                  NEW CROP
Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt
ELEVATORS        +JAN22+MAR22+MAR22
CK Low      3.05                         15.72 577.70  2.60        14.94 548.95
CK High     3.15                         15.82 581.38  2.80        15.14 556.30
CK Average  3.06                   -0.41 15.74 578.23  2.66 -0.65  15.00 551.16
Essex Cty   3.05                         15.72 577.70  2.60        14.94 548.95
Mdsx Low    3.05                         15.72 577.70  2.65        14.99 550.79
Mdsx High   3.09                         15.76 579.17  2.66        15.00 551.16
Mdsx Average3.07                   -0.40 15.74 578.44  2.66 -0.65  15.00 550.97
Hensall     3.05                         15.72 577.70  2.65        14.99 550.79
Bruce       3.00                         15.67 575.87  2.65        14.99 550.79
Putnam      3.05                         15.72 577.70  2.65        14.99 550.79
Burford     3.16                         15.83 581.74  2.73        15.07 553.73
Port Perry  3.04                         15.71 577.34  2.61        14.95 549.32
Norfolk     3.05                         15.72 577.70  2.65        14.99 550.79
Palmerston  3.13                         15.80 580.64  2.69        15.03 552.26
Varna       3.05                         15.72 577.70  2.65        14.99 550.79
Trenton     3.05                         15.72 577.70  2.75        15.09 554.46
Winchester  3.13                         15.80 580.64  2.81        15.15 556.67
North Gower 2.87                         15.54 571.09  2.80        15.14 556.30
Vankleek Hil3.09                         15.76 579.17  2.88        15.22 559.24
Huron FOB   3.35  3.42  N/A   N/A        16.02 588.73  N/A
Kent FOB    3.35                         16.02 588.73  2.65        14.99 550.79
Lambton FOB 3.25                         15.92 585.05  2.75        15.09 554.46
Mdsx FOB    3.30  3.36  3.32  3.38       15.97 586.89  2.79        15.13 555.93

PROCESSORS
Windsor     3.97                         16.64 611.51  N/A

TRANSFER
Hamilton    3.70                         16.37 601.59  3.05        15.39 565.49
Prescott    3.34                         16.01 588.36  3.28        15.62 573.94
Port Colborn3.46                         16.13 592.77  3.20        15.54 571.00

Toledo El.  -0.26                        12.42 456.21 -0.51        11.83 434.56


Exchange rate was 1.2831 up 0.0022
Chicago wheat closed slightly to moderately lower.
MAR22      HI     8.22  3/4             JUL22   HI      8.07  1/2
           LOW    7.96  1/2                     LOW     7.89  1/2
           CLOSE  8.03  3/4  Down 11 1/4        CLOSE   7.94  1/4  Down 8 1/4

Minni wheat closed moderately lower to lower.
MAR22      HI     10.42  1/4            SEP22   HI      9.25  3/4
           LOW       10.19                      LOW        9.12
           CLOSE  10.20  3/4  Down 21 1/2       CLOSE   9.16   Down 8 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    1.20    N/A    N/A     N/A    1.70    N/A
London      1.16    1.54   1.09    N/A    1.73    1.73   1.54    N/A
Hensall     1.10    N/A    1.10    N/A    2.30    N/A    1.70    N/A
Trenton      N/A    N/A     N/A    N/A    N/A     N/A    1.65    N/A
Bruce       1.00    1.25   1.00    N/A    2.05    1.85   1.70   1.30
Essex        N/A    N/A    1.20    N/A    N/A     N/A    1.65    N/A
Norwich     1.10    N/A    1.10    N/A    2.30    N/A    1.70    N/A
Port Hope    N/A    N/A    1.10    N/A    N/A     N/A    1.70    N/A
Kent Bridge 1.10    N/A    1.10    N/A    2.30    N/A    1.70    N/A
Chatham      N/A    N/A    1.20    N/A    N/A     N/A    1.70    N/A
Brigden      N/A    N/A    1.20    N/A    N/A     N/A    1.70    N/A
Palmerston   N/A    N/A    0.86   1.60    N/A     N/A    1.69   1.45
Varna       1.35    1.85   1.10    N/A    2.25    1.90   1.70    N/A
Mitchell    1.10    1.65   1.10    N/A    2.30    1.90   1.70    N/A
Thornton    1.16    1.54   1.09   1.36    1.73    1.73   1.54    N/A
North Gower  N/A    0.80   1.20   1.28    N/A     N/A    1.53    N/A
W O Feed                   2.04

TERMINAL
Port Colbor  N/A    N/A    1.67    N/A    N/A     N/A    1.87    N/A

PROCESSORS
Toledo FM    N/A    N/A    2.66    N/A    N/A     N/A    2.38    N/A

Toledo El. 7.89US         10.12CA        7.89US         10.13CA


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

FEED GRAINS
FOB Hm Soymeal             603.75
DDG's FOB Srn & Aylm      205.00 - 220.00