FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, June 22

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, June 22 Exchange rate was 1.3221 down 0.0068 Chicago soybeans closed moderately lower. JUL17 HI 9.20 1/2 NOV17 HI 9.30 1/4 LOW 9.03 LOW 9.10 1/2 CLOSE9.04 Down 14 3/4 CLOSE 9.13 1/4 Down 14 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JUL1+AUG1+NOV17 CK Low 2.47 11.51 422.922.10 11.23 412.72 CK High 2.50 11.54 424.022.20 11.33 416.40 CK Average 2.50 -0.3111.54 423.842.15 -0.6011.28 414.44 Essex Cty 2.50 11.54 424.022.10 11.23 412.72 Mdsx Low 2.47 11.51 422.922.13 11.26 413.83 Mdsx High 2.55 11.59 425.862.20 11.33 416.40 Mdsx Average 2.51 -0.3011.55 424.392.17 -0.5911.30 415.11 Hensall 2.58 11.62 426.782.23 11.36 417.32 Bruce 2.55 11.59 425.862.20 11.33 416.40 Putnam 2.55 11.59 425.862.20 11.33 416.40 Burford 2.54 11.58 425.492.20 11.33 416.40 Port Perry 2.47 11.51 422.922.13 11.26 413.83 Norfolk 2.55 11.59 425.862.20 11.33 416.40 Palmerston 2.50 11.54 424.022.15 11.28 414.56 Varna 2.60 11.64 427.702.25 11.38 418.24 Trenton 2.55 11.59 425.862.25 11.38 418.24 Winchester 2.40 11.44 420.352.70 11.83 434.77 North Gower 2.42 11.46 421.082.57 11.70 429.99 Huron FOB 2.75 11.79 433.212.35 11.48 421.91 Kent FOB 2.65 11.69 429.532.15 11.28 414.56 Lambton FOB 2.60 11.64 427.702.30 11.43 420.07 Middlesex FOB2.68 2.64 N/A N/A 11.72 430.642.30 11.43 420.07 PROCESSORS Hamilton 3.00 2.92 2.85 N/A 12.04 442.392.66 11.79 433.30 N/A N/A N/A TRANSFER Prescott 2.50 11.54 424.022.66 11.79 433.30 Sarnia 2.24 11.28 414.472.63 11.76 432.20 Toledo El. -0.20 8.84 324.88-0.59 8.54 313.70 Exchange rate was 1.3221 down 0.0068 Chicago wheat closed slightly lower. JUL17 HI 4.65 1/4 JUL17 HI 4.65 1/4 LOW 4.55 1/2 LOW 4.55 1/2 CLOSE 4.61 1/4 Down 3 1/4 CLOSE 4.61 1/4 Down 3 1/4 Minni wheat closed moderately higher. JUL17 HI 6.57 3/4 SEP17 HI 6.62 3/4 LOW 6.40 LOW 6.43 3/4 CLOSE 6.56 1/4 Up 7 1/2 CLOSE 6.61 1/4 Up 8 3/4 GFO Cash Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.56 0.56 0.56 0.46 CAD $/bu 5.17 5.17 5.17 7.02 CAD $/tonne 190.06 190.06 190.06 258.07 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 0.88 0.75 0.88 N/A 1.15 0.95 0.88 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 N/A 1.10 0.90 0.90 0.40 Essex N/A N/A 0.87 N/A N/A N/A 0.86 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 N/A N/A N/A 0.95 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 0.60 Varna 1.00 0.95 0.90 N/A 1.25 0.95 0.95 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 -0.14 N/A N/A N/A N/A North Gower N/A 0.50 0.50 0.27 N/A 1.30 1.30 0.65 W O Feed 1.53 TERMINAL Sarnia 1.52 N/A 1.34 N/A 1.48 N/A 1.39 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 1.42N/A N/A N/A 1.42N/A Toledo El. 4.51US 5.97CA 4.51US 5.97CA GFO Contract Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.29 1.22 1.22 0.74 CAD $/bu 5.90 5.83 5.83 7.35 CAD $/tonne 216.78 214.35 214.35 270.21 (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 170.00 - 175.00