FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, July 25

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, July 25 Exchange rate was 1.2505 up 0.0003 Chicago soybeans closed moderately lower. AUG17 HI 10.22 3/4 NOV17 HI 10.35 1/2 LOW 9.81 LOW 9.92 CLOSE9.81 1/2 Down 16 CLOSE 9.92 3/4 Down 17 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 11.62 426.781.65 11.58 425.40 CK High 2.00 11.82 434.131.75 11.68 429.07 CK Average 1.95 -0.4011.77 432.411.70 -0.5911.63 427.30 Essex Cty 2.00 11.82 434.131.70 11.63 427.24 Mdsx Low 1.95 11.77 432.291.71 11.64 427.60 Mdsx High 2.00 11.82 434.131.75 11.68 429.07 Mdsx Average 1.98 -0.3911.79 433.211.73 -0.5711.66 428.34 Hensall 2.00 11.82 434.131.78 11.70 429.99 Bruce 2.00 11.82 434.131.70 11.63 427.24 Putnam 2.00 11.82 434.131.75 11.68 429.07 Burford 2.02 11.84 434.861.78 11.71 430.18 Port Perry 1.95 11.77 432.291.71 11.64 427.60 Norfolk 1.97 11.79 433.021.75 11.68 429.07 Palmerston 2.05 11.87 435.961.70 11.63 427.24 Varna 2.00 11.82 434.131.80 11.73 430.91 Trenton 1.95 11.77 432.291.75 11.68 429.07 Winchester 1.80 11.62 426.781.90 11.83 434.59 North Gower 1.73 11.55 424.212.00 11.93 438.26 Huron FOB 2.10 11.92 437.801.90 11.83 434.59 Kent FOB 2.07 11.89 436.701.70 11.63 427.24 Lambton FOB 2.20 12.02 441.481.85 11.78 432.75 Middlesex FOB2.06 2.24 N/A N/A 11.88 436.331.88 11.81 433.85 PROCESSORS Hamilton 2.50 2.50 2.40 2.27 12.32 452.502.27 12.20 448.18 N/A N/A N/A TRANSFER Prescott 1.98 11.80 433.392.19 12.12 445.24 Sarnia N/A N/A Toledo El. -0.18 9.64 354.21-0.64 9.29 341.43 Exchange rate was 1.2505 up 0.0003 Chicago wheat closed moderately lower to lower. SEP17 HI 4.95 1/4 JUL18 HI 5.58 1/2 LOW 4.73 1/4 LOW 5.40 1/2 CLOSE 4.74 Down 14 3/4 CLOSE 5.41 Down 11 1/2 Minni wheat closed lower to sharply lower. SEP17 HI 7.64 SEP18 HI 6.71 LOW 7.14 1/2 LOW 6.49 CLOSE 7.17 1/2 Down 33 CLOSE 6.49 Down 20 1/2 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.81 0.81 0.75 -0.08 CAD $/bu 5.55 5.55 5.49 7.10 CAD $/tonne 204.00 204.00 201.71 260.75 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 0.69 0.56 0.56 N/A 0.65 0.53 0.53 N/A Hensall 0.75 N/A 0.55 N/A 0.90 N/A 0.60 N/A Trenton N/A N/A 0.85 N/A N/A N/A 0.75 N/A Bruce 0.75 0.60 0.55 0.25 0.90 0.65 0.60 0.35 Essex N/A N/A 0.54 N/A N/A N/A 0.58 N/A Norwich 0.75 N/A 0.55 N/A 0.90 N/A 0.60 N/A Port Hope N/A 0.75 0.70 N/A N/A 0.70 0.70 N/A Kent Bridge 0.75 N/A 0.55 N/A 0.90 N/A 0.60 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 0.75 0.60 0.55 N/A 0.90 0.70 0.60 N/A Thornton N/A N/A N/A -0.32 N/A N/A N/A N/A North Gower N/A 0.75 0.69 -0.10 N/A 0.77 0.77 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 1.19N/A N/A N/A N/A N/A Toledo El. 4.64US 5.80CA 5.21US 6.49CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.77 0.71 0.71 0.22 CAD $/bu 6.18 6.12 6.12 6.71 CAD $/tonne 227.02 224.73 224.73 246.70 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 454.49 DDG's FOB Srn & Aylm 165.00