FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, July 13

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, July 13 Exchange rate was 1.2715 down 0.0008 Chicago soybeans closed lower. AUG17 HI 10.15 3/4 NOV17 HI 10.29 LOW 9.74 1/2 LOW 9.86 1/2 CLOSE9.75 1/2 Down 45 1/4 CLOSE 9.87 1/2 Down 46 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +AUG1+NOV1+NOV17 CK Low 2.13 11.89 436.701.85 11.73 430.82 CK High 2.15 11.91 437.432.00 11.88 436.33 CK Average 2.15 -0.3911.90 437.311.94 -0.5811.81 433.94 Essex Cty 2.15 11.91 437.431.85 11.73 430.82 Mdsx Low 2.13 11.89 436.701.96 11.84 434.86 Mdsx High 2.20 11.96 439.272.00 11.88 436.33 Mdsx Average 2.17 -0.3811.92 437.991.98 -0.5411.86 435.60 Hensall 2.20 11.96 439.272.00 11.88 436.33 Bruce 2.20 11.96 439.272.00 11.88 436.33 Putnam 2.20 11.96 439.272.05 11.93 438.17 Burford 2.20 11.96 439.272.03 11.91 437.43 Port Perry 2.13 11.89 436.701.96 11.84 434.86 Norfolk 2.15 11.91 437.432.00 11.88 436.33 Palmerston 2.20 11.96 439.271.90 11.78 432.66 Varna 2.20 11.96 439.272.00 11.88 436.33 Trenton 2.20 11.96 439.272.05 11.93 438.17 Winchester 1.94 11.70 429.722.04 11.92 437.80 North Gower 2.03 11.79 433.022.07 11.95 438.90 Huron FOB 2.30 12.06 442.952.10 11.98 440.01 Kent FOB 2.25 12.01 441.111.95 11.83 434.49 Lambton FOB 2.35 12.11 444.782.10 11.98 440.01 Middlesex FOB2.24 2.30 N/A N/A 12.00 440.742.13 12.01 441.11 PROCESSORS Hamilton 2.65 2.75 N/A 2.45 12.41 455.812.45 12.33 452.87 N/A N/A N/A TRANSFER Prescott 2.24 12.00 440.742.45 12.33 452.87 Sarnia N/A 2.26 12.14 445.88 Toledo El. -0.20 9.55 350.96-0.65 9.23 339.04 Exchange rate was 1.2715 down 0.0008 Chicago wheat closed lower to sharply lower. SEP17 HI 5.35 JUL18 HI 5.88 1/2 LOW 5.09 1/4 LOW 5.67 CLOSE 5.11 3/4 Down 25 1/4 CLOSE 5.69 1/2 Down 21 1/4 Minni wheat closed moderately to sharply lower. SEP17 HI 7.84 SEP18 HI 6.75 1/4 LOW 7.46 LOW 6.63 1/2 CLOSE 7.49 1/2 Down 33 1/4 CLOSE 6.68 1/2 Down 9 1/2 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.01 1.01 0.98 -0.25 CAD $/bu 6.13 6.13 6.10 7.24 CAD $/tonne 225.06 225.06 224.13 266.06 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 0.65 N/A N/A N/A 0.75 N/A London 0.86 0.61 0.61 N/A 0.88 0.75 0.75 N/A Hensall 0.85 N/A 0.65 N/A 0.95 N/A 0.75 N/A Trenton N/A N/A 0.85 N/A N/A N/A 0.90 N/A Bruce 0.85 0.75 0.65 0.40 0.95 0.85 0.75 0.60 Essex N/A N/A 0.46 N/A N/A N/A 0.58 N/A Norwich 0.85 N/A 0.65 N/A 0.95 N/A 0.75 N/A Port Hope N/A 0.85 0.90 N/A N/A 0.80 1.00 N/A Kent Bridge 0.85 N/A 0.65 N/A 0.95 N/A 0.75 N/A Chatham N/A N/A 0.65 N/A N/A N/A 0.75 N/A Brigden N/A N/A 0.65 N/A N/A N/A 0.75 N/A Palmerston N/A 0.70 0.70 0.25 N/A 0.75 0.70 0.60 Varna 0.95 0.70 0.65 N/A 1.00 0.75 0.75 N/A Mitchell 0.85 0.65 0.65 N/A 0.95 0.70 0.75 N/A Thornton N/A N/A N/A 0.01 N/A N/A N/A N/A North Gower N/A 0.98 0.96 -0.26 N/A 0.86 0.86 0.35 W O Feed 1.34 TERMINAL Sarnia 1.03 N/A 0.93 N/A N/A N/A N/A 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 1.26N/A N/A N/A N/A N/A Toledo El. 4.97US 6.32CA 5.50US 6.98CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.97 0.90 0.90 CAD $/bu 6.66 6.60 6.60 CAD $/tonne 244.82 242.48 242.48 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 462.87 DDG's FOB Srn & Aylm 165.00