FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, January 19
Exchange rate was 1.2498 down 0.0023
Chicago soybeans closed moderately higher.

      MAR22   HI 13.92  1/2              NOV22     HI 13.05  1/2
             LOW 13.63  1/2                       LOW 12.85
            CLOSE13.91  1/4  Up 30              CLOSE 13.04  1/2  Up 20 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      3.00                         16.91 621.43  2.50        15.55 571.18
CK High     3.10                         17.01 625.10  2.60        15.65 574.86
CK Average  3.02                   -0.36 16.93 622.16  2.52 -0.60  15.57 572.07
Essex Cty   3.00                         16.91 621.43  2.50        15.55 571.18
Mdsx Low    3.00                         16.91 621.43  2.50        15.55 571.18
Mdsx High   3.05                         16.96 623.27  2.55        15.60 573.02
Mdsx Average3.03                   -0.36 16.94 622.41  2.52 -0.60  15.57 571.92
Hensall     3.00                         16.91 621.43  2.50        15.55 571.18
Bruce       3.00                         16.91 621.43  2.50        15.55 571.18
Putnam      3.00                         16.91 621.43  2.50        15.55 571.18
Burford     3.10                         17.01 625.10  2.58        15.63 574.12
Port Perry  2.99                         16.90 621.06  2.47        15.52 570.08
Norfolk     3.00                         16.91 621.43  2.50        15.55 571.18
Palmerston  3.09                         17.00 624.73  2.60        15.65 574.86
Varna       3.05                         16.96 623.27  2.55        15.60 573.02
Trenton     3.00                         16.91 621.43  2.55        15.60 573.02
Winchester  3.09                         17.00 624.73  2.61        15.66 575.22
North Gower 3.10                         17.01 625.10  2.80        15.85 582.20
Vankleek Hil N/A                                       2.76        15.81 580.73
Huron FOB   3.16  3.28  3.32  3.43       17.07 627.31  N/A
Kent FOB    3.20                         17.11 628.78  2.50        15.55 571.18
Lambton FOB 3.25                         17.16 630.61  2.65        15.70 576.69
Mdsx FOB    3.29  3.29  3.34  3.28       17.20 632.08  2.63        15.68 575.96

PROCESSORS
Windsor     3.70                         17.61 647.15  2.86        15.91 584.41

TRANSFER
Hamilton    3.45                         17.36 637.96  2.90        15.95 585.88
Prescott     N/A                                       3.11        16.16 593.59
Port Colborn3.45                         17.36 637.96  3.05        16.10 591.39

Toledo El.  -0.25                        13.66 502.01 -0.50        12.54 460.93


Exchange rate was 1.2498 down 0.0023
Chicago wheat closed higher.
MAR22      HI     7.97  1/4            JUL22   HI      7.88  1/4
           LOW    7.69  1/2                    LOW     7.59  3/4
           CLOSE  7.96  1/2  Up 27 1/2         CLOSE   7.87  1/4  Up 27 3/4

Minni wheat closed higher to sharply higher.
MAR22      HI     9.41  1/4            SEP22   HI         8.98
           LOW       9.07                      LOW        8.70
           CLOSE  9.39  3/4  Up 32 3/4         CLOSE   8.96  3/4  Up 27



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   1.10    N/A    N/A     N/A    1.35    N/A
London      1.18   1.43   0.99    N/A    1.72    1.66   1.41    N/A
Hensall     1.10    N/A   1.10    N/A    2.20    N/A    1.35    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    2.10    1.60   1.40   1.50
Essex        N/A    N/A   1.00    N/A    N/A     N/A    1.30    N/A
Norwich     1.10    N/A   1.10    N/A    2.20    N/A    1.35    N/A
Port Hope    N/A    N/A   1.15    N/A    N/A     N/A    1.40    N/A
Kent Bridge 1.10    N/A   1.10    N/A    2.20    N/A    1.35    N/A
Chatham      N/A    N/A   1.00    N/A    N/A     N/A    1.30    N/A
Brigden      N/A    N/A   1.00    N/A    N/A     N/A    1.30    N/A
Palmerston   N/A   1.98   1.17   1.70    N/A     N/A    1.52   1.49
Varna       1.35   1.85   1.10    N/A    2.05    1.60   1.40    N/A
Mitchell    1.10   1.70   1.10    N/A    2.20    1.65   1.35    N/A
Thornton    1.18   1.43   0.99   1.81    1.72    1.66   1.47    N/A
North Gower  N/A   0.90   1.30   1.07    N/A     N/A    1.40    N/A
W O Feed                  1.94

TERMINAL
Port Colbor  N/A    N/A   1.69    N/A    N/A     N/A    1.79    N/A

PROCESSORS
Toledo FM    N/A    N/A   2.36    N/A    N/A     N/A    2.10    N/A

Toledo El. 7.82US        9.77CA         7.82US         9.79CA


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

FEED GRAINS
FOB Hm Soymeal            595.59
DDG's FOB Srn & Aylm     300.00 - 310.00