FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, July 14

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, July 14 Exchange rate was 1.2635 down 0.0080 Chicago soybeans closed moderately higher. AUG17 HI 9.92 NOV17 HI 10.04 1/2 LOW 9.72 1/4 LOW 9.84 CLOSE9.89 Up 13 1/2 CLOSE 10.01 1/2 Up 14 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +AUG1+NOV1+NOV17 CK Low 2.04 11.93 438.351.85 11.87 435.96 CK High 2.15 12.04 442.392.00 12.02 441.48 CK Average 2.12 -0.3812.01 441.411.91 -0.5511.93 438.23 Essex Cty 2.20 12.09 444.231.80 11.82 434.13 Mdsx Low 2.04 11.93 438.351.87 11.89 436.70 Mdsx High 2.20 12.09 444.232.00 12.02 441.48 Mdsx Average 2.12 -0.3812.01 441.291.94 -0.5411.95 439.09 Hensall 2.20 12.09 444.232.00 12.02 441.48 Bruce 2.20 12.09 444.232.00 12.02 441.48 Putnam 2.20 12.09 444.232.05 12.07 443.31 Burford 2.11 12.00 440.921.94 11.96 439.27 Port Perry 2.04 11.93 438.351.87 11.89 436.70 Norfolk 2.10 11.99 440.561.95 11.97 439.64 Palmerston 2.20 12.09 444.231.90 11.92 437.80 Varna 2.20 12.09 444.232.00 12.02 441.48 Trenton 2.20 12.09 444.232.05 12.07 443.31 Winchester 2.08 11.97 439.822.10 12.12 445.15 North Gower 1.95 11.84 435.052.02 12.04 442.21 Huron FOB 2.30 12.19 447.912.10 12.12 445.15 Kent FOB 2.20 12.09 444.231.90 11.92 437.80 Lambton FOB 2.35 12.24 449.742.10 12.12 445.15 Middlesex FOB2.15 2.28 N/A N/A 12.04 442.392.04 12.06 442.95 PROCESSORS Hamilton 2.53 2.65 N/A 2.42 12.42 456.362.42 12.44 456.91 N/A N/A N/A TRANSFER Prescott 2.24 12.13 445.702.45 12.47 458.01 Sarnia N/A 2.26 12.28 451.03 Toledo El. -0.20 9.69 355.97-0.64 9.37 344.36 Exchange rate was 1.2635 down 0.0080 Chicago wheat closed slightly lower. SEP17 HI 5.20 1/2 JUL18 HI 5.77 LOW 5.07 LOW 5.66 1/4 CLOSE 5.10 3/4 Down 1 CLOSE 5.69 Down 1/2 Minni wheat closed slightly to moderately higher. SEP17 HI 7.74 SEP18 HI 6.76 3/4 LOW 7.47 3/4 LOW 6.63 3/4 CLOSE 7.58 Up 8 1/2 CLOSE 6.68 3/4 Up 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.97 0.97 0.94 0.10 CAD $/bu 6.07 6.07 6.05 7.68 CAD $/tonne 223.19 223.19 222.26 282.27 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 0.84 0.58 0.58 N/A 0.86 0.73 0.73 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 0.85 N/A Bruce 0.85 0.70 0.65 0.40 0.95 0.75 0.75 0.60 Essex N/A N/A 0.46 N/A N/A N/A 0.61 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 0.75 0.80 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 0.70 N/A Brigden N/A N/A 0.65 N/A N/A N/A 0.70 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 -0.11 N/A N/A N/A N/A North Gower N/A 0.91 0.91 -0.35 N/A 0.88 0.88 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 1.22N/A N/A N/A N/A N/A Toledo El. 4.96US 6.26CA 5.49US 6.92CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.92 0.85 0.85 CAD $/bu 6.61 6.54 6.54 CAD $/tonne 242.73 240.42 240.42 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 469.26 DDG's FOB Srn & Aylm 165.00