FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, July 24

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, July 24 Exchange rate was 1.2502 down 0.0021 Chicago soybeans closed slightly to moderately lower. AUG17 HI 10.00 1/2 NOV17 HI 10.13 1/2 LOW 9.85 3/4 LOW 9.98 1/4 CLOSE9.97 1/2 Down 11 1/2 CLOSE 10.10 Down 12 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 1.80 11.78 432.661.65 11.75 431.74 CK High 2.00 11.98 440.011.75 11.85 435.41 CK Average 1.95 -0.4411.93 438.231.70 -0.6511.80 433.58 Essex Cty 2.00 11.98 440.011.70 11.80 433.58 Mdsx Low 1.94 11.92 437.801.70 11.80 433.58 Mdsx High 2.00 11.98 440.011.75 11.85 435.41 Mdsx Average 1.97 -0.4211.95 438.901.73 -0.6311.83 434.49 Hensall 2.00 11.98 440.011.78 11.88 436.33 Bruce 2.00 11.98 440.011.75 11.85 435.41 Putnam 2.00 11.98 440.011.75 11.85 435.41 Burford 2.01 11.99 440.371.77 11.87 436.15 Port Perry 1.94 11.92 437.801.70 11.80 433.58 Norfolk 1.97 11.95 438.901.75 11.85 435.41 Palmerston 2.05 12.03 441.841.70 11.80 433.58 Varna 2.00 11.98 440.011.80 11.90 437.25 Trenton 1.95 11.93 438.171.75 11.85 435.41 Winchester 1.80 11.78 432.661.90 12.00 440.92 North Gower 1.75 11.73 430.822.05 12.15 446.44 Huron FOB 2.10 12.08 443.681.90 12.00 440.92 Kent FOB 2.07 12.05 442.581.70 11.80 433.58 Lambton FOB 2.20 12.18 447.351.85 11.95 439.09 Middlesex FOB2.05 2.23 N/A N/A 12.03 441.841.87 11.97 439.82 PROCESSORS Hamilton 2.50 2.50 2.40 2.25 12.48 458.382.25 12.35 453.78 N/A N/A N/A TRANSFER Prescott 1.98 11.96 439.272.19 12.29 451.58 Sarnia N/A N/A Toledo El. -0.18 9.80 360.09-0.64 9.46 347.72 Exchange rate was 1.2502 down 0.0021 Chicago wheat closed moderately lower to lower. SEP17 HI 4.96 1/2 JUL18 HI 5.55 1/2 LOW 4.83 LOW 5.46 1/4 CLOSE 4.88 3/4 Down 10 1/2 CLOSE 5.52 1/2 Down 5 1/2 Minni wheat closed mixed. SEP17 HI 7.64 3/4 SEP18 HI 6.70 LOW 7.22 1/4 LOW 6.47 1/2 CLOSE 7.50 1/2 Down 15 1/4 CLOSE 6.69 1/2 Up 2 3/4 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.85 0.85 0.79 0.00 CAD $/bu 5.74 5.74 5.67 7.51 CAD $/tonne 210.74 210.74 208.44 275.86 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 0.72 0.60 0.51 N/A 0.68 0.56 0.56 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 0.75 N/A Bruce 0.80 0.70 0.60 0.25 0.95 0.75 0.65 0.35 Essex N/A N/A 0.54 N/A N/A N/A 0.57 N/A Norwich 0.80 N/A 0.60 N/A 0.95 N/A 0.65 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 0.60 0.55 0.25 N/A 0.65 0.60 0.35 Varna 0.90 0.65 0.60 N/A 0.90 0.70 0.65 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 -0.46 N/A N/A N/A N/A North Gower N/A 0.78 0.76 -0.15 N/A 0.78 0.78 0.19 W O Feed 1.31 TERMINAL Sarnia N/A N/A N/A 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. 4.74US 5.92CA 5.33US 6.65CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.81 0.75 0.75 0.29 CAD $/bu 6.34 6.27 6.27 6.98 CAD $/tonne 232.79 230.49 230.49 256.64 (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