FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, July 18

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, July 18 Exchange rate was 1.2614 down 0.0052 Chicago soybeans closed mixed. AUG17 HI 10.04 1/4 NOV17 HI 10.16 3/4 LOW 9.85 3/4 LOW 9.98 1/2 CLOSE9.89 1/2 Up 4 1/2 CLOSE 10.01 3/4 Up 4 1/4 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 11.94 438.541.71 11.73 430.91 CK High 2.15 12.05 442.582.00 12.02 441.57 CK Average 2.07 -0.4111.96 439.451.81 -0.6311.83 434.59 Essex Cty 2.05 11.95 438.901.75 11.77 432.38 Mdsx Low 2.04 11.94 438.541.81 11.83 434.59 Mdsx High 2.05 11.95 438.901.85 11.87 436.06 Mdsx Average 2.05 -0.4311.94 438.721.83 -0.6111.85 435.32 Hensall 2.05 11.95 438.901.85 11.87 436.06 Bruce 2.05 11.95 438.901.80 11.82 434.22 Putnam 2.10 12.00 440.741.90 11.92 437.89 Burford 2.11 12.01 441.111.88 11.90 437.16 Port Perry 2.04 11.94 438.541.81 11.83 434.59 Norfolk 2.05 11.95 438.901.85 11.87 436.06 Palmerston 2.10 12.00 440.741.80 11.82 434.22 Varna 2.05 11.95 438.901.85 11.87 436.06 Trenton 1.95 11.85 435.231.80 11.82 434.22 Winchester 2.01 11.91 437.432.10 12.12 445.24 North Gower 1.81 11.71 430.091.85 11.87 436.06 Huron FOB 2.20 12.10 444.422.00 12.02 441.57 Kent FOB 2.15 12.05 442.581.80 11.82 434.22 Lambton FOB 2.25 12.15 446.251.95 11.97 439.73 Middlesex FOB2.09 2.21 N/A N/A 11.99 440.371.98 12.00 440.83 PROCESSORS Hamilton 2.50 2.60 N/A 2.36 12.40 455.442.45 12.47 458.10 N/A N/A N/A TRANSFER Prescott 2.08 11.98 440.012.29 12.31 452.22 Sarnia N/A 2.15 12.17 447.08 Toledo El. -0.20 9.69 356.16-0.64 9.38 344.47 Exchange rate was 1.2614 down 0.0052 Chicago wheat closed slightly lower. SEP17 HI 5.17 3/4 JUL18 HI 5.74 1/2 LOW 5.03 LOW 5.60 3/4 CLOSE 5.03 3/4 Down 2 1/4 CLOSE 5.61 1/4 Down 4 Minni wheat closed slightly higher to higher. SEP17 HI 7.89 3/4 SEP18 HI 6.84 3/4 LOW 7.72 3/4 LOW 6.71 1/2 CLOSE 7.80 1/2 Up 13 1/4 CLOSE 6.75 1/4 Up 3 1/2 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.94 0.94 0.91 0.15 CAD $/bu 5.98 5.98 5.95 7.95 CAD $/tonne 219.60 219.60 218.67 292.25 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 0.82 0.70 0.64 N/A 0.77 0.65 0.65 N/A Hensall 0.80 N/A 0.60 N/A 0.95 N/A 0.65 N/A Trenton N/A N/A 0.90 N/A N/A N/A 0.80 N/A Bruce 0.85 0.70 0.65 0.25 0.95 0.75 0.75 0.60 Essex N/A N/A 0.46 N/A N/A N/A 0.55 N/A Norwich 0.80 N/A 0.60 N/A 0.95 N/A 0.70 N/A Port Hope N/A 0.85 0.85 N/A N/A 0.75 0.90 N/A Kent Bridge 0.80 N/A 0.60 N/A 0.95 N/A 0.65 N/A Chatham N/A N/A 0.60 N/A N/A N/A 0.65 N/A Brigden N/A N/A 0.60 N/A N/A N/A 0.65 N/A Palmerston N/A 0.70 0.60 0.25 N/A 0.75 0.65 0.60 Varna 0.90 0.70 0.60 N/A 0.95 0.75 0.70 N/A Mitchell 0.80 0.60 0.60 N/A 0.95 0.70 0.70 N/A Thornton N/A N/A N/A 0.20 N/A N/A N/A N/A North Gower N/A 0.87 0.85 0.05 N/A 0.84 0.84 0.35 W O Feed 1.34 TERMINAL Sarnia 1.08 N/A 0.99 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 1.19N/A N/A N/A N/A N/A Toledo El. 4.89US 6.17CA 5.41US 6.82CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.89 0.83 0.83 0.37 CAD $/bu 6.50 6.44 6.44 7.12 CAD $/tonne 238.96 236.65 236.65 261.65 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 469.04 DDG's FOB Srn & Aylm 165.00