FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, October 22
Exchange rate was 1.2364 down 0.0014
Chicago soybeans closed slightly lower.

      NOV21   HI 12.30  1/2              NOV22     HI 12.32  3/4
             LOW 12.17                            LOW 12.21  1/2
            CLOSE12.20  1/2  Down 3 1/2         CLOSE 12.23  3/4  Down 6

            OLD CROP                                  NEW CROP
Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt
ELEVATORS        +NOV21+JAN22+JAN22
CK Low      2.40                         14.61 536.64  2.15        14.39 528.65
CK High     2.52                         14.73 541.05  2.30        14.54 534.16
CK Average  2.49                   -0.32 14.69 539.90  2.21 -0.55  14.45 530.85
Essex Cty   2.40                         14.61 536.64  2.15        14.39 528.65
Mdsx Low    2.55                         14.76 542.15  2.20        14.44 530.49
Mdsx High   2.56                         14.77 542.52  2.26        14.50 532.69
Mdsx Average2.56                   -0.27 14.76 542.34  2.23 -0.54  14.47 531.59
Hensall     2.55                         14.76 542.15  2.23        14.47 531.71
Bruce       2.50                         14.71 540.32  2.25        14.49 532.32
Putnam      2.55                         14.76 542.15  2.20        14.44 530.49
Burford     2.63                         14.84 545.09  2.33        14.57 535.26
Port Perry  2.51                         14.72 540.68  2.21        14.45 530.85
Norfolk     2.55                         14.76 542.15  2.20        14.44 530.49
Palmerston  2.46                         14.67 538.85  2.26        14.50 532.69
Varna       2.55                         14.76 542.15  2.25        14.49 532.32
Trenton     2.50                         14.71 540.32  2.20        14.44 530.49
Winchester  2.50                         14.71 540.32  2.15        14.39 528.65
North Gower 2.55                         14.76 542.15  2.40        14.64 537.84
Vankleek Hil2.55                         14.76 542.15  2.43        14.67 538.94
Huron FOB   2.60  2.92  2.89  2.91       14.81 543.99  N/A
Kent FOB    2.60                         14.81 543.99  2.20        14.44 530.49
Lambton FOB 2.65                         14.86 545.83  2.25        14.49 532.32
Mdsx FOB    2.75  2.88  2.77  2.59       14.96 549.50  2.20        14.44 530.49

PROCESSORS
Windsor     3.07                         15.28 561.26  2.47        14.71 540.41

TRANSFER
Hamilton    3.05                         15.26 560.53  2.60        14.84 545.18
Prescott    3.02                         15.23 559.42  2.54        14.78 542.98
Port Colborn3.22                         15.43 566.77  2.61        14.85 545.55

Toledo El.  -0.25                        11.96 439.37 -0.49        11.74 431.48


Exchange rate was 1.2364 down 0.0014
Chicago wheat closed slightly to moderately higher.
DEC21      HI     7.59  1/2             JUL22   HI         7.60
           LOW    7.43  1/2                     LOW     7.47  1/2
           CLOSE  7.56   Up 14 3/4              CLOSE   7.56  1/2  Up 9 3/4

Minni wheat closed slightly higher to higher.
DEC21      HI        10.18              SEP22   HI      8.42  1/2
           LOW    9.85  1/2                     LOW     8.28  3/4
           CLOSE  10.13   Up 27 3/4             CLOSE   8.37   Up 8 1/4



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    0.75    N/A    N/A     N/A    1.15    N/A
London      0.74    1.11   0.74    N/A    1.30    1.30   1.12    N/A
Hensall     0.75    N/A    0.75    N/A    1.70    N/A    1.15    N/A
Trenton      N/A    N/A     N/A    N/A    N/A     N/A    1.15    N/A
Bruce       0.80    N/A    0.75    N/A    1.70    1.45   1.15   1.05
Essex        N/A    N/A    0.75    N/A    N/A     N/A    1.10    N/A
Norwich     0.75    N/A    0.75    N/A    1.70    N/A    1.15    N/A
Port Hope    N/A    N/A    0.80    N/A    N/A     N/A    1.15    N/A
Kent Bridge 0.75    N/A    0.75    N/A    1.70    N/A    1.15    N/A
Chatham      N/A    N/A    0.75    N/A    N/A     N/A    1.15    N/A
Brigden      N/A    N/A    0.75    N/A    N/A     N/A    1.15    N/A
Palmerston   N/A    N/A     N/A    N/A    N/A     N/A    1.14   1.38
Varna       1.00    1.60   0.75    N/A    1.45    1.50   1.15    N/A
Mitchell    0.75    1.30   0.75    N/A    1.70    1.45   1.15    N/A
Thornton    0.74    1.11   0.74   0.46    1.30    1.30   1.12    N/A
North Gower  N/A    0.55   0.95   1.02    N/A     N/A    1.11    N/A
W O Feed                   1.42

TERMINAL
Port Colbor  N/A    N/A    1.25    N/A    N/A     N/A    1.44    N/A

PROCESSORS
Toledo FM    N/A    N/A    1.79    N/A    N/A     N/A    1.91    N/A

Toledo El. 7.41US         9.16CA         7.52US         9.29CA


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

FEED GRAINS
FOB Hm Soymeal             498.69
DDG's FOB Srn & Aylm      280.00 - 285.00