FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, June 12

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, June 12 Exchange rate was 1.3332 down 0.0136 Chicago soybeans closed slightly lower. JUL17 HI 9.43 1/4 NOV17 HI 9.50 LOW 9.30 1/4 LOW 9.36 CLOSE9.31 1/4 Down 10 1/4 CLOSE 9.38 1/4 Down 10 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JUL1+AUG1+NOV17 CK Low 2.65 11.96 439.552.30 11.68 429.26 CK High 2.80 12.11 445.062.45 11.83 434.77 CK Average 2.70 -0.3012.01 441.382.35 -0.5811.74 431.22 Essex Cty 2.65 11.96 439.552.25 11.63 427.42 Mdsx Low 2.67 11.98 440.282.37 11.75 431.83 Mdsx High 2.75 12.06 443.222.40 11.78 432.93 Mdsx Average 2.71 -0.2912.02 441.752.39 -0.5611.77 432.38 Hensall 2.75 12.06 443.222.40 11.78 432.93 Bruce 2.75 12.06 443.222.40 11.78 432.93 Putnam 2.80 12.11 445.062.45 11.83 434.77 Burford 2.74 12.05 442.852.44 11.82 434.40 Port Perry 2.67 11.98 440.282.37 11.75 431.83 Norfolk 2.73 12.04 442.492.40 11.78 432.93 Palmerston 2.70 12.01 441.382.40 11.78 432.93 Varna 2.75 12.06 443.222.40 11.78 432.93 Trenton 2.75 12.06 443.222.45 11.83 434.77 Winchester 2.57 11.88 436.612.70 12.08 443.96 North Gower 2.53 11.84 435.142.61 11.99 440.65 Huron FOB 2.90 12.21 448.732.50 11.88 436.61 Kent FOB 2.83 12.14 446.162.35 11.73 431.10 Lambton FOB 2.75 12.06 443.222.50 11.88 436.61 Middlesex FOB2.90 2.90 N/A N/A 12.21 448.732.54 11.92 438.08 PROCESSORS Hamilton 3.22 3.15 3.10 N/A 12.53 460.492.88 12.26 450.57 N/A N/A N/A TRANSFER Prescott 2.69 12.00 441.022.83 12.21 448.73 Sarnia 2.41 11.72 430.732.67 12.05 442.85 Toledo El. -0.20 9.11 334.83-0.60 8.78 322.70 Exchange rate was 1.3332 down 0.0136 Chicago wheat closed lower. JUL17 HI 4.44 JUL17 HI 4.44 LOW 4.31 1/4 LOW 4.31 1/4 CLOSE 4.34 Down 11 3/4 CLOSE 4.34 Down 11 3/4 Minni wheat closed slightly to moderately lower. JUL17 HI 6.06 SEP17 HI 6.09 1/4 LOW 5.91 1/4 LOW 5.97 1/2 CLOSE 6.00 1/2 Down 6 CLOSE 6.06 1/4 Down 4 3/4 GFO Cash Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.51 0.51 0.51 0.33 CAD $/bu 4.85 4.85 4.85 6.34 CAD $/tonne 178.31 178.31 178.31 232.92 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 N/A 0.85 N/A N/A N/A 0.90 N/A London 0.83 0.77 0.77 N/A 1.03 0.90 0.90 N/A Hensall 0.95 N/A 0.85 N/A 1.10 N/A 0.90 N/A Trenton N/A N/A N/A N/A N/A N/A 1.05 N/A Bruce 0.95 0.75 0.85 0.45 1.10 0.90 0.90 0.65 Essex N/A N/A 0.62 N/A N/A N/A 0.82 N/A Norwich 0.95 N/A 0.85 N/A 1.10 N/A 0.90 N/A Port Hope N/A N/A 0.90 N/A N/A 0.90 1.00 N/A Kent Bridge 0.95 N/A 0.85 N/A 1.10 N/A 0.90 N/A Chatham N/A N/A 0.80 N/A N/A N/A 0.90 N/A Brigden N/A N/A 0.80 N/A N/A N/A 0.90 N/A Palmerston N/A 0.75 0.90 0.45 N/A 0.90 0.90 0.65 Varna 0.90 0.85 0.80 N/A 1.20 0.90 0.90 N/A Mitchell 0.95 0.85 0.85 N/A 1.10 0.90 0.90 N/A Thornton N/A N/A N/A -0.23 N/A N/A N/A N/A North Gower N/A 0.50 0.50 0.22 N/A 1.33 1.33 0.60 W O Feed 1.56 TERMINAL Sarnia 1.19 N/A 1.09 N/A 1.44 N/A 1.34 N/A Prescott N/A N/A N/A N/A N/A N/A N/A N/A PROCESSORS Toledo FM N/A N/A 1.38N/A N/A N/A 1.38N/A Toledo El. 4.24US 5.65CA 4.24US 5.65CA GFO Contract Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.25 1.18 1.18 0.62 CAD $/bu 5.59 5.52 5.52 6.68 CAD $/tonne 205.25 202.80 202.80 245.54 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 442.92 DDG's FOB Srn & Aylm 175.00 - 180.00