FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, July 3

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, July 3 Exchange rate was 1.299 up 0.0037 Chicago soybeans closed moderately higher to higher. AUG17 HI 9.80 3/4 NOV17 HI 9.91 1/2 LOW 9.55 LOW 9.63 CLOSE9.70 Up 23 CLOSE 9.80 3/4 Up 26 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +AUG1+NOV1+NOV17 CK Low 2.25 11.95 439.091.90 11.71 430.18 CK High 2.33 12.03 442.032.03 11.84 434.95 CK Average 2.29 -0.4711.99 440.501.96 -0.7211.77 432.50 Essex Cty 2.30 12.00 440.921.85 11.66 428.34 Mdsx Low 2.33 12.03 442.032.00 11.81 433.85 Mdsx High 2.35 12.05 442.762.03 11.84 434.95 Mdsx Average 2.34 -0.4312.04 442.392.02 -0.6811.82 434.40 Hensall 2.30 12.00 440.922.03 11.83 434.77 Bruce 2.35 12.05 442.762.00 11.81 433.85 Putnam N/A 2.20 12.01 441.20 Burford 2.40 12.10 444.602.10 11.91 437.53 Port Perry 2.33 12.03 442.032.03 11.84 434.95 Norfolk 2.30 12.00 440.922.05 11.86 435.69 Palmerston 2.35 12.05 442.762.00 11.81 433.85 Varna 2.25 11.95 439.092.05 11.86 435.69 Trenton 2.35 12.05 442.762.00 11.81 433.85 Winchester 2.14 11.84 435.052.70 12.51 459.57 North Gower 2.10 11.80 433.582.25 12.06 443.04 Huron FOB 2.40 12.10 444.602.15 11.96 439.36 Kent FOB 2.35 12.05 442.762.00 11.81 433.85 Lambton FOB 2.35 12.05 442.762.05 11.86 435.69 Middlesex FOB2.42 2.42 N/A N/A 12.12 445.332.23 12.04 442.30 PROCESSORS Hamilton 2.70 2.70 N/A 2.50 12.40 455.622.50 12.31 452.22 N/A N/A N/A TRANSFER Prescott 2.26 11.96 439.452.39 12.20 448.18 Sarnia 2.16 11.86 435.782.33 12.14 445.98 Toledo El. -0.21 9.49 348.78-0.62 9.19 337.53 Exchange rate was 1.299 up 0.0037 Chicago wheat closed higher. SEP17 HI 5.56 JUL18 HI 5.97 LOW 5.33 1/2 LOW 5.69 CLOSE 5.55 Up 29 CLOSE 5.96 Up 25 3/4 Minni wheat closed moderately to sharply higher. SEP17 HI 8.23 SEP18 HI 6.85 3/4 LOW 7.91 1/4 LOW 6.63 1/2 CLOSE 8.16 Up 44 1/4 CLOSE 6.77 Up 13 1/2 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.33 1.27 1.27 0.95 CAD $/bu 6.88 6.82 6.82 9.11 CAD $/tonne 252.98 250.59 250.59 334.60 Direct MarkHarvest 2017 Harvest 2018 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 0.70 N/A N/A N/A 0.80 N/A London 1.15 1.02 0.76 N/A 0.86 0.86 0.86 N/A Hensall 0.90 N/A 0.70 N/A 1.00 N/A 0.80 N/A Trenton N/A N/A 0.85 N/A N/A N/A 0.90 N/A Bruce 0.90 0.75 0.70 0.41 1.00 0.90 0.80 0.60 Essex N/A N/A 0.72 N/A N/A N/A 0.60 N/A Norwich 0.90 N/A 0.70 N/A 1.00 N/A 0.80 N/A Port Hope N/A 0.75 0.80 N/A N/A 0.75 0.80 N/A Kent Bridge 0.90 N/A 0.70 N/A 1.00 N/A 0.80 N/A Chatham N/A N/A 0.75 N/A N/A N/A 0.85 N/A Brigden N/A N/A 0.75 N/A N/A N/A 0.85 N/A Palmerston N/A 0.75 0.75 0.40 N/A 0.93 0.80 0.60 Varna 1.00 0.70 0.70 N/A 1.00 0.75 0.80 N/A Mitchell 0.90 0.70 0.70 N/A 1.00 0.75 0.80 N/A Thornton N/A N/A N/A -0.16 N/A N/A N/A N/A North Gower N/A 1.00 1.00 0.62 N/A N/A N/A N/A W O Feed 1.43 TERMINAL Sarnia 1.34 N/A 1.25 N/A 0.97 N/A 1.07 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 1.36N/A N/A N/A N/A N/A Toledo El. 5.35US 6.95CA 5.81US 7.52CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.11 1.05 1.05 CAD $/bu 7.07 7.01 7.01 CAD $/tonne 259.77 257.39 257.39 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 458.35 DDG's FOB Srn & Aylm 170.00