THE ARTHUR COMPANIES ARTHUR TRADING CO. Portland Grain Review 11/18 November 18, 2021 Portland Price Trends 11-01-20 01-01-20 10-01-21 11-11-21 11-18-21 #1 SWW (bu) 6.05 6.65 9.75 10.70 10.75 White Club 6.40 6.65 11.75 12.70 12.75 DNS 14% 6.76 7.14 10.69 11.61 11.45 HRW 11.5% 6.88 7.38 9.19 9.81 10.05 #2 Corn (ton) 180.00 211.00 255.00 272.00 274.00 #2 Barley 135.00 145.00 240.00 240.00 240.00 Wheat...Another week of higher futures supported west coast markets, moving hard red winter wheat to new marketing year highs as spot basis strength was also supportive. At current price levels, white wheat sets at the highest point since 2008, dark northern spring is at the highest since 2011 and hard red winter the best since 2012. Weekly Sales...USDA reported an improved week of buying interest for U.S. wheat, as all classes of wheat registered better numbers. Overall sales came in slightly ahead of the four-week average at 14.7 mb, which puts year-to-date sales at 503 mb; 21% behind a year ago and 17% behind the five-year average pace. Hard red winter booked 4.3 mb and with 196 mb in commitments, is sitting 14% behind a year ago and 12% behind the average pace. Soft red winter saw 3.9 mb in sales, putting sales at 74 mb which is 48% ahead of a year ago and 24% above average. Red spring wheat booked 3.4 mb to put commitments at 136 mb, which sets 23% behind a year ago and 24% below average. White wheat registered 3 mb in sales and with 91 mb in bookings, sets 42% behind last year and 30% below the average pace. Top Buyers..Nigeria was top buyer for the week with 3.1 mb, followed by Vietnam with 2.4 mb, Japan at 2.3 mb, the Philippines at 2.2 mb and Mexico with 1.4 mb. -Norm Ruhoff Contributing Analyst Copyright 2021 DTN/Telvent. All Rights Reserved. Download our cash bids app on the App Store or Google Play © Arthur Companies 701-967-6101 HOME CONTACT US CAREERS CUSTOMER LOGIN TICKETS/CONTRACTS Quotes, news, & weather by Telvent/DTN. Market data delayed at least 10 minutes.

THE ARTHUR COMPANIES ARTHUR TRADING CO. OVERVIEW GRAIN AGRONOMY PROFIT PRECISION AG SPECIALTY CROPS Grain Sales & Services With grain marketing specialists at our locations across eastern and central North Dakota, our grain sales, services and facilities are positioned to give growers what they need, where they need it. Profitability Grain marketing insight and services to meet your individual needs. Access to larger markets, allowing premium payments to growers. Efficiency Ability to move grain quickly, lowering transportation costs. Strategically located grain storage, rail and shuttle loading facilities. Capacity One of the largest storage networks in the state. More than 17 million bushel storage capacity including three shuttle loading facilities. Download our cash bids app on the App Store or Google Play © Arthur Companies 701-967-6101 HOME CONTACT US CAREERS CUSTOMER LOGIN TICKETS/CONTRACTS Quotes, news, & weather by Telvent/DTN. Market data delayed at least 10 minutes.