FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, August 19

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, August 19 Bank of Canada Noon exchange rate was 1.3165 up 0.0092 Chicago soybeans closed slightly lower. NOV15 HI 9.09 NOV15 HI 9.09 LOW 8.90 3/4 LOW 8.90 3/4 CLOSE8.93 1/2 Down 10 3/4 CLOSE 8.93 1/2 Down 10 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+NOV15 CK Low 2.36 11.30 415.021.94 10.88 399.59 CK High 2.50 11.44 420.162.05 10.99 403.63 CK Average 2.42 -0.3611.35 417.161.98 -0.8010.92 401.12 Essex Cty N/A N/A Mdsx Low 2.36 11.30 415.021.92 10.86 398.85 Mdsx High 2.40 11.34 416.491.95 10.89 399.96 Mdsx Average 2.38 -0.4011.32 415.761.94 -0.8410.87 399.40 Hensall 2.43 11.36 417.411.98 10.91 400.87 Bruce 2.40 11.34 416.491.95 10.89 399.96 Putnam 2.55 11.49 422.002.00 10.94 401.79 Burford 2.39 11.33 416.121.95 10.89 399.96 Port Perry 2.36 11.30 415.021.92 10.86 398.85 Norfolk 2.35 11.29 414.651.95 10.89 399.96 Palmerston 2.45 11.39 418.332.00 10.94 401.79 Varna 2.45 11.39 418.332.00 10.94 401.79 Trenton 2.40 11.34 416.492.00 10.94 401.79 Winchester 2.40 11.34 416.492.20 11.14 409.14 North Gower 2.15 11.09 407.302.23 11.17 410.24 Huron FOB 2.65 11.59 425.682.20 11.14 409.14 Kent FOB 2.40 11.34 416.491.95 10.89 399.96 Lambton FOB 2.40 11.34 416.491.95 10.89 399.96 Middlesex FOB2.53 2.73 N/A N/A 11.47 421.272.09 11.03 405.10 PROCESSORS Hamilton 2.97 3.10 2.51 2.58 11.91 437.432.64 11.58 425.31 Windsor N/A N/A N/A N/A N/A Winchester N/A N/A TRANSFER Hamilton N/A N/A Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC N/A N/A Toledo El. 0.49 9.42 346.13-0.43 8.50 312.41 Bank of Canada Noon exchange rate was 1.3165 up 0.0092 Chicago wheat closed narrowly mixed. SEP15 HI 4.98 1/2 JUL16 HI 5.12 1/4 LOW 4.91 LOW 5.05 CLOSE 4.96 1/4 Up 2 CLOSE 5.08 1/2 Down 1 1/2 Minni wheat closed slightly lower to steady. SEP15 HI 5.10 1/4 SEP16 HI 5.70 LOW 5.04 3/4 LOW 5.65 1/4 CLOSE 5.08 1/4 Unchanged CLOSE 5.68 1/2 Down 1 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 15 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 3.64 1.81 1.48 0.99 CAD $/bu 8.60 6.77 6.44 6.07 CAD $/tonne 316.11 248.68 236.63 223.15 Direct MarkHarvest 2015 Harvest 2016 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 1.45 1.05 N/A N/A 1.35 0.65 N/A London 3.22 1.50 0.88 N/A 1.63 1.24 0.46 N/A Hensall 3.60 N/A 1.05 N/A 1.80 N/A 0.65 N/A Trenton N/A N/A 1.10 N/A N/A N/A 0.60 N/A Winchester N/A N/A N/A 0.75 N/A N/A N/A N/A Essex N/A N/A N/A N/A N/A N/A N/A N/A Norwich 3.60 N/A 1.05 N/A 1.80 N/A 0.65 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge 3.60 N/A 0.50 N/A 1.80 N/A 0.65 N/A Chatham N/A 1.45 0.45 N/A N/A 1.35 0.60 N/A Brigden N/A N/A 0.45 N/A N/A N/A 0.60 N/A Palmerston N/A 1.50 1.05 0.55 N/A 1.35 0.60 0.20 Varna 3.60 1.50 1.05 N/A 1.85 1.35 0.65 N/A Mitchell 3.60 1.45 1.05 N/A 1.80 1.40 0.65 N/A Thornton N/A N/A N/A 0.67 N/A N/A N/A N/A North Gower N/A 1.78 1.45 0.97 N/A N/A N/A N/A TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A N/A N/A N/A N/A N/A N/A Pt. Stanley N/A N/A N/A N/A N/A N/A N/A N/A PROCESSORS Toledo FM 4.69N/A 2.33N/A 3.55N/A 1.97N/A Toledo El. 5.13US 6.73CA 4.91US 6.43CA GFO Contract Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.58 1.71 0.79 1.24 CAD $/bu 6.67 6.80 5.88 6.93 CAD $/tonne 244.94 249.76 216.04 254.58 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 290.00 - 300.00 Bayport Oats 280.00 Bayport Barley 275.00 FOB Hm Soymeal 524.60 - 527.91 DDG's FOB Srn & Aylm 210.00 - 215.00