FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, July 21

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, July 21 Exchange rate was 1.2523 down 0.0041 Chicago soybeans closed mixed. AUG17 HI 10.13 1/4 NOV17 HI 10.27 1/4 LOW 10.01 3/4 LOW 10.15 1/4 CLOSE10.09 Down 4 1/4 CLOSE 10.22 1/4 Down 4 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +AUG1+NOV1+NOV17 CK Low 2.00 12.09 444.231.75 11.97 439.91 CK High 2.10 12.19 447.911.90 12.12 445.43 CK Average 2.05 -0.3912.14 446.131.81 -0.6012.03 442.12 Essex Cty 2.00 12.09 444.231.70 11.92 438.08 Mdsx Low 2.01 12.10 444.601.78 12.00 441.02 Mdsx High 2.10 12.19 447.911.90 12.12 445.43 Mdsx Average 2.06 -0.3912.15 446.251.84 -0.5712.06 443.22 Hensall 2.10 12.19 447.911.90 12.12 445.43 Bruce 2.10 12.19 447.911.90 12.12 445.43 Putnam 2.10 12.19 447.911.90 12.12 445.43 Burford 2.08 12.17 447.171.85 12.07 443.59 Port Perry 2.01 12.10 444.601.78 12.00 441.02 Norfolk 2.05 12.14 446.071.83 12.05 442.85 Palmerston 2.05 12.14 446.071.75 11.97 439.91 Varna 2.10 12.19 447.911.90 12.12 445.43 Trenton 1.95 12.04 442.391.80 12.02 441.75 Winchester 2.00 12.09 444.232.15 12.37 454.61 North Gower 1.86 11.95 439.092.00 12.22 449.10 Huron FOB 2.20 12.29 451.582.00 12.22 449.10 Kent FOB 2.15 12.24 449.741.78 12.00 441.02 Lambton FOB 2.30 12.39 455.252.00 12.22 449.10 Middlesex FOB2.12 2.31 N/A N/A 12.21 448.641.95 12.17 447.26 PROCESSORS Hamilton 2.45 2.57 2.48 2.35 12.54 460.772.35 12.57 461.96 N/A N/A N/A TRANSFER Prescott 2.06 12.15 446.442.28 12.50 459.39 Sarnia N/A 2.15 12.37 454.61 Toledo El. -0.18 9.91 364.30-0.64 9.59 352.19 Exchange rate was 1.2523 down 0.0041 Chicago wheat closed moderately lower. SEP17 HI 5.10 1/4 JUL18 HI 5.68 1/4 LOW 4.97 1/2 LOW 5.56 CLOSE 4.99 1/4 Down 6 1/2 CLOSE 5.58 Down 6 1/4 Minni wheat closed slightly lower to lower. SEP17 HI 7.79 3/4 SEP18 HI 6.74 1/4 LOW 7.62 1/2 LOW 6.64 CLOSE 7.65 3/4 Down 12 1/4 CLOSE 6.66 3/4 Down 4 1/2 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.88 0.88 0.86 0.05 CAD $/bu 5.88 5.88 5.85 7.71 CAD $/tonne 215.93 215.93 215.01 283.34 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 0.60 N/A N/A N/A 0.65 N/A London 0.78 0.65 0.56 N/A 0.73 0.61 0.61 N/A Hensall 0.80 N/A 0.60 N/A 0.95 N/A 0.65 N/A Trenton N/A N/A 0.85 N/A N/A N/A 0.80 N/A Bruce 0.80 0.70 0.60 0.25 0.95 0.75 0.65 0.35 Essex N/A N/A 0.60 N/A N/A N/A 0.66 N/A Norwich 0.80 N/A 0.60 N/A 0.95 N/A 0.70 N/A Port Hope N/A 0.80 0.70 N/A N/A 0.70 0.75 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 0.35 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 0.65 N/A Thornton N/A N/A N/A -0.45 N/A N/A N/A N/A North Gower N/A 0.81 0.79 0.01 N/A 0.80 0.81 0.24 W O Feed 1.35 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 1.13N/A N/A N/A N/A N/A Toledo El. 4.84US 6.06CA 5.38US 6.72CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.83 0.77 0.77 0.29 CAD $/bu 6.41 6.35 6.35 6.96 CAD $/tonne 235.62 233.32 233.32 255.71 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 467.06 DDG's FOB Srn & Aylm 165.00