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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, January 25
Exchange rate was 1.2605 down 0.0051
Chicago soybeans closed slightly higher.

      MAR22   HI 14.13  3/4              NOV22     HI 13.23
             LOW 13.93  1/4                       LOW 13.00  3/4
            CLOSE14.07  1/4  Up 4 1/4           CLOSE 13.18  1/2  Up 11

            OLD CROP                                  NEW CROP
Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt
ELEVATORS        +MAR22+MAR22+MAY22
CK Low      3.24                         17.31 636.13  2.75        15.94 585.51
CK High     3.30                         17.37 638.33  2.80        15.99 587.35
CK Average  3.28                   -0.31 17.35 637.49  2.76 -0.55  15.94 585.83
Essex Cty   3.25                         17.32 636.49  2.75        15.94 585.51
Mdsx Low    3.23                         17.30 635.76  2.70        15.89 583.67
Mdsx High   3.25                         17.32 636.49  2.75        15.94 585.51
Mdsx Average3.24                   -0.33 17.32 636.25  2.73 -0.57  15.92 584.90
Hensall     3.27                         17.34 637.11  2.75        15.94 585.51
Bruce       3.30                         17.37 638.33  2.75        15.94 585.51
Putnam      3.30                         17.37 638.33  2.75        15.94 585.51
Burford     3.30                         17.37 638.33  2.82        16.01 588.08
Port Perry  3.19                         17.26 634.29  2.71        15.90 584.04
Norfolk     3.25                         17.32 636.49  2.75        15.94 585.51
Palmerston  3.18                         17.25 633.92  2.67        15.86 582.57
Varna       3.25                         17.32 636.49  2.75        15.94 585.51
Trenton     3.20                         17.27 634.66  2.70        15.89 583.67
Winchester  3.32                         17.39 639.06  2.82        16.01 588.08
North Gower 3.10                         17.17 630.98  2.80        15.99 587.35
Vankleek Hil3.85                         17.92 658.54  2.98        16.17 593.96
Huron FOB   3.41  3.53  3.57  3.64       17.48 642.37  N/A
Kent FOB    3.45                         17.52 643.84  2.75        15.94 585.51
Lambton FOB 3.45                         17.52 643.84  2.85        16.04 589.19
Mdsx FOB    3.55  3.55  3.60  3.54       17.62 647.52  2.97        16.16 593.59

PROCESSORS
Windsor     3.96                         18.03 662.58  3.08        16.27 597.64

TRANSFER
Hamilton    3.70                         17.77 653.03  3.20        16.39 602.05
Prescott     N/A                                       3.33        16.52 606.82
Port Colborn3.70                         17.77 653.03  3.32        16.51 606.45

Toledo El.  -0.25                        13.82 507.81 -0.50        12.68 465.93


Exchange rate was 1.2605 down 0.0051
Chicago wheat closed moderately higher to higher.
MAR22      HI     8.31  1/2            JUL22   HI      8.17  3/4
           LOW    8.00  1/2                    LOW     7.92  3/4
           CLOSE  8.18   Up 17 1/2             CLOSE   8.07  3/4  Up 15 1/2

Minni wheat closed mixed.
MAR22      HI        9.65              SEP22   HI         9.27
           LOW    9.45  1/4                    LOW     9.06  1/2
           CLOSE  9.47  1/4  Down 1 1/4        CLOSE   9.16   Up 9



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    1.50    N/A
London      1.37   1.63   1.18    N/A    1.92    1.85   1.60    N/A
Hensall     1.20    N/A   1.20    N/A    2.30    N/A    1.50    N/A
Trenton      N/A    N/A    N/A    N/A    N/A     N/A    1.40    N/A
Bruce       1.10   1.70   1.10    N/A    2.20    1.70   1.50   1.50
Essex        N/A    N/A   1.15    N/A    N/A     N/A    1.50    N/A
Norwich     1.20    N/A   1.20    N/A    2.30    N/A    1.50    N/A
Port Hope    N/A    N/A   1.15    N/A    N/A     N/A    1.45    N/A
Kent Bridge 1.20    N/A   1.20    N/A    2.30    N/A    1.50    N/A
Chatham      N/A    N/A   1.15    N/A    N/A     N/A    1.50    N/A
Brigden      N/A    N/A   1.15    N/A    N/A     N/A    1.50    N/A
Palmerston   N/A   2.14   1.32   1.85    N/A     N/A    1.61   1.65
Varna       1.45   1.95   1.20    N/A    2.20    1.70   1.50    N/A
Mitchell    1.20   1.80   1.20    N/A    2.30    1.70   1.50    N/A
Thornton    1.37   1.63   1.18   2.17    1.92    1.85   1.66    N/A
North Gower  N/A   0.90   1.30   1.07    N/A     N/A    1.39    N/A
W O Feed                  2.09

TERMINAL
Port Colbor  N/A    N/A   1.89    N/A    N/A     N/A    1.99    N/A

PROCESSORS
Toledo FM    N/A    N/A   2.51    N/A    N/A     N/A    2.24    N/A

Toledo El. 8.03US        10.12CA        8.03US         10.13CA


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

FEED GRAINS
FOB Hm Soymeal            591.95
DDG's FOB Srn & Aylm      315.00

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