FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, August 26

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, August 26 Bank of Canada Noon exchange rate was 1.2947 up 0.0010 Chicago soybeans closed mixed. NOV16 HI 9.80 1/4 NOV16 HI 9.80 1/4 LOW 9.60 1/2 LOW 9.60 1/2 CLOSE9.67 1/4 Down 8 1/4 CLOSE 9.67 1/4 Down 8 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +NOV1+NOV1+NOV16 CK Low 2.80 12.47 458.292.39 12.06 443.22 CK High 3.05 12.72 467.472.60 12.27 450.94 CK Average 2.91 0.00 12.58 462.392.50 -0.3012.17 447.20 Essex Cty 2.95 12.62 463.802.55 12.22 449.10 Mdsx Low 2.85 12.52 460.122.37 12.04 442.49 Mdsx High 3.00 12.67 465.632.55 12.22 449.10 Mdsx Average 2.93 0.01 12.60 462.882.46 -0.3312.13 445.79 Hensall 2.98 12.65 464.722.55 12.22 449.10 Bruce 3.00 12.67 465.632.55 12.22 449.10 Putnam 3.00 12.67 465.632.55 12.22 449.10 Burford 2.88 12.55 461.232.40 12.07 443.59 Port Perry 2.85 12.52 460.122.37 12.04 442.49 Norfolk 2.80 12.47 458.292.45 12.12 445.43 Palmerston 2.95 12.62 463.802.55 12.22 449.10 Varna 2.95 12.62 463.802.55 12.22 449.10 Trenton N/A 2.60 12.27 450.94 Winchester N/A 2.30 11.97 439.91 North Gower N/A 2.63 12.30 452.04 Huron FOB 3.05 12.72 467.472.65 12.32 452.77 Kent FOB 3.05 12.72 467.472.60 12.27 450.94 Lambton FOB 3.20 12.87 472.982.55 12.22 449.10 Middlesex FOB2.95 N/A N/A 2.54 12.62 463.802.48 12.15 446.53 PROCESSORS Hamilton 3.30 3.30 2.90 2.95 12.97 476.662.90 12.57 461.96 Windsor N/A N/A N/A N/A N/A Winchester N/A N/A TRANSFER Prescott 2.87 12.54 460.863.00 12.67 465.63 Toledo El. 0.07 9.74 357.79-0.42 9.26 340.13 Bank of Canada Noon exchange rate was 1.2947 up 0.0010 Chicago wheat closed lower. SEP16 HI 4.02 1/4 JUL17 HI 4.70 LOW 3.81 LOW 4.53 1/2 CLOSE 3.83 1/2 Down 17 3/4 CLOSE 4.55 3/4 Down 14 1/4 Minni wheat closed moderately lower to lower. DEC16 HI 5.04 1/2 SEP17 HI 5.45 1/4 LOW 4.91 3/4 LOW 5.34 3/4 CLOSE 4.92 3/4 Down 11 3/4 CLOSE 5.34 3/4 Down 10 1/2 GFO Cash Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.44 0.31 0.63 0.12 CAD $/bu 4.27 4.14 4.47 5.04 CAD $/tonne 157.00 152.22 164.17 185.32 Direct MarkHarvest 2016 Harvest 2017 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 0.35 0.30 N/A N/A N/A 0.45 N/A London 0.30 0.26 0.32 N/A 0.43 0.30 0.36 N/A Hensall 0.30 N/A 0.30 N/A 0.55 N/A 0.45 N/A Trenton N/A N/A 0.50 N/A N/A N/A 0.45 N/A Winchester N/A N/A N/A N/A N/A N/A N/A N/A Essex N/A N/A 0.30 N/A N/A N/A 0.40 N/A Norwich 0.30 N/A 0.30 N/A 0.55 N/A 0.45 N/A Port Hope N/A 0.50 0.40 0.50 N/A 0.35 0.45 N/A Kent Bridge 0.30 N/A 0.30 N/A 0.55 N/A 0.45 N/A Chatham N/A 0.30 0.30 N/A N/A N/A 0.40 N/A Brigden N/A N/A 0.30 N/A N/A N/A 0.40 N/A Palmerston N/A 0.54 0.39 0.30 N/A 0.40 0.45 0.50 Varna 0.40 0.30 0.35 N/A 0.50 0.40 0.40 N/A Mitchell 0.30 0.30 0.30 N/A 0.55 0.35 0.45 N/A Thornton N/A N/A N/A -0.01 N/A N/A N/A N/A North Gower N/A 0.59 0.91 0.13 N/A N/A N/A N/A TERMINAL Prescott N/A 0.64 0.84 0.35 N/A 0.60 0.60 0.45 PROCESSORS Toledo FM N/A N/A 1.15 N/A N/A N/A 1.36 N/A Toledo El. 3.77US 4.90CA 4.36US 5.66CA GFO Contract Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.71 0.65 0.39 CAD $/bu 5.27 5.20 4.94 CAD $/tonne 193.61 191.22 181.68 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 497.37 DDG's FOB Srn & Aylm 170.00 - 175.00