FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, June 1
Exchange rate was 1.3405 down 0.0129
Chicago soybeans closed slightly to moderately higher.

      AUG23   HI 12.51  1/4              NOV23     HI 11.75  3/4
             LOW 12.16                            LOW 11.44  1/4
            CLOSE12.44   Up 26 1/4              CLOSE 11.69   Up 22 1/2

            OLD CROP                                  NEW CROP
Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt
ELEVATORS        +AUG23+AUG23+NOV23
CK Low      4.75                         17.19 631.62  2.80        14.49 532.42
CK High     5.15                         17.59 646.32  2.95        14.64 537.93
CK Average  4.86                    0.47 17.30 635.72  2.88 -0.82  14.57 535.30
Essex Cty   4.75                         17.19 631.62  2.80        14.49 532.42
Mdsx Low    4.75                         17.19 631.62  2.80        14.49 532.42
Mdsx High   4.85                         17.29 635.30  2.90        14.59 536.09
Mdsx Average4.80                    0.42 17.24 633.55  2.87 -0.83  14.56 534.99
Hensall     4.85                         17.29 635.30  2.87        14.56 534.87
Bruce       4.75                         17.19 631.62  2.80        14.49 532.42
Putnam      4.85                         17.29 635.30  2.90        14.59 536.09
Burford     4.86                         17.30 635.67  2.98        14.67 539.03
Port Perry  4.70                         17.14 629.79  2.82        14.51 533.15
Norfolk     4.75                         17.19 631.62  2.80        14.49 532.42
Palmerston  4.75                         17.19 631.62  2.80        14.49 532.42
Varna       4.85                         17.29 635.30  2.85        14.54 534.25
Trenton     4.90                         17.34 637.14  2.90        14.59 536.09
Winchester   N/A                                       3.20        14.89 547.11
North Gower 4.90                         17.34 637.14  3.10        14.79 543.44
Vankleek Hil4.94                         17.38 638.61  3.14        14.83 544.91
Huron FOB   4.82  5.09  5.16  N/A        17.26 634.20  N/A
Kent FOB    5.00                         17.44 640.81  2.80        14.49 532.42
Lambton FOB 4.80                         17.24 633.46  N/A
Mdsx FOB    5.11  5.25  N/A   N/A        17.55 644.85  3.08        14.77 542.70

PROCESSORS
Windsor     5.44                         17.88 656.98  3.48        15.17 557.40

TRANSFER
Hamilton    5.30                         17.74 651.83  3.45        15.14 556.30
Prescott     N/A                                       3.52        15.21 558.87
Port Colborn N/A                                       3.59        15.28 561.44

Toledo El.  1.34                         13.78 506.35 -0.60        11.09 407.37


Exchange rate was 1.3405 down 0.0129
Chicago wheat closed moderately higher.
JUL23      HI     6.17  1/2            JUL23   HI      6.17  1/2
           LOW    5.93                         LOW        5.93
           CLOSE  6.10  3/4  Up 16 1/2         CLOSE   6.10  3/4  Up 16 1/2

Minni wheat closed slightly higher.
JUL23      HI     7.95  1/2            SEP23   HI      7.99  1/2
           LOW    7.76  1/4                    LOW     7.80  1/2
           CLOSE  7.89   Up 9                  CLOSE   7.90  3/4  Up 8 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    0.85    N/A
London      2.10   1.62   1.28    N/A    2.30    1.42   0.88    N/A
Hensall     2.55   1.95   1.25   1.55    2.50    1.55   0.85   1.35
Trenton      N/A    N/A    N/A    N/A    N/A     N/A    0.85    N/A
Bruce       2.30   1.80   1.30   1.25    1.85    1.35   0.85   1.15
Essex        N/A    N/A    N/A    N/A    N/A     N/A    0.85    N/A
Norwich      N/A    N/A   1.30    N/A    2.65    N/A    0.85    N/A
Belmore     2.50   1.65   1.25   1.15    2.00    1.50   0.85   1.15
Kent Bridge  N/A    N/A   1.30    N/A    2.65    N/A    0.85    N/A
Chatham      N/A    N/A    N/A    N/A    N/A     N/A    0.85    N/A
Brigden      N/A    N/A    N/A    N/A    N/A     N/A    0.85    N/A
Palmerston  2.30   1.80   1.30   1.25    1.85    1.35   0.85   1.15
Varna       2.55   1.95   1.25    N/A    2.50    1.55   0.85    N/A
Mitchell     N/A    N/A   1.30    N/A    2.65    1.60   0.85    N/A
Thornton    2.10   1.62   1.28   1.46    2.30    1.42   0.88    N/A
North Gower  N/A   1.00   1.30   1.42    N/A     0.90   1.10   1.17
W O Feed                  2.05

TERMINAL
Port Colbor  N/A    N/A   1.89    N/A    N/A     N/A    1.42    N/A

PROCESSORS
Toledo FM    N/A    N/A   1.88    N/A    N/A     N/A    1.88    N/A

Toledo El. 5.86US        7.85CA         5.86US         7.85CA


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

FEED GRAINS
FOB Hm Soymeal            651.92
DDG's FOB Aylm            335.00