FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, July 26

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, July 26 Exchange rate was 1.2473 down 0.0032 Chicago soybeans closed slightly higher. AUG17 HI 9.91 NOV17 HI 10.02 1/2 LOW 9.73 1/4 LOW 9.84 1/2 CLOSE9.88 3/4 Up 7 1/4 CLOSE 10.00 1/4 Up 7 1/2 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 11.69 429.441.65 11.65 428.16 CK High 2.00 11.89 436.791.75 11.75 431.83 CK Average 1.95 -0.4011.84 435.011.69 -0.6511.69 429.50 Essex Cty 2.00 11.89 436.791.70 11.70 429.99 Mdsx Low 1.96 11.85 435.321.67 11.67 428.89 Mdsx High 2.00 11.89 436.791.75 11.75 431.83 Mdsx Average 1.98 -0.3711.87 436.061.71 -0.6311.71 430.36 Hensall 2.00 11.89 436.791.78 11.78 432.75 Bruce 2.00 11.89 436.791.75 11.75 431.83 Putnam 2.00 11.89 436.791.75 11.75 431.83 Burford 2.03 11.92 437.891.74 11.74 431.46 Port Perry 1.96 11.85 435.321.67 11.67 428.89 Norfolk 1.95 11.84 434.951.70 11.70 429.99 Palmerston 2.05 11.94 438.631.70 11.70 429.99 Varna 2.00 11.89 436.791.80 11.80 433.67 Trenton 1.95 11.84 434.951.75 11.75 431.83 Winchester 1.80 11.69 429.441.90 11.90 437.34 North Gower 1.69 11.58 425.401.95 11.95 439.18 Huron FOB 2.10 11.99 440.471.90 11.90 437.34 Kent FOB 2.05 11.94 438.631.65 11.65 428.16 Lambton FOB 2.20 12.09 444.141.85 11.85 435.50 Middlesex FOB2.01 2.20 N/A N/A 11.90 437.161.84 11.84 435.14 PROCESSORS Hamilton 2.48 2.48 2.38 2.25 12.37 454.432.05 12.05 442.85 N/A N/A N/A TRANSFER Prescott 2.01 11.90 437.162.22 12.22 449.10 Sarnia 2.22 12.11 444.871.97 11.97 439.91 Toledo El. -0.17 9.71 356.89-0.64 9.36 344.10 Exchange rate was 1.2473 down 0.0032 Chicago wheat closed slightly higher. SEP17 HI 4.81 JUL18 HI 5.45 3/4 LOW 4.73 LOW 5.40 CLOSE 4.77 3/4 Up 3 3/4 CLOSE 5.43 Up 2 Minni wheat closed moderately higher to higher. SEP17 HI 7.34 SEP18 HI 6.61 LOW 7.12 3/4 LOW 6.49 3/4 CLOSE 7.30 Up 12 1/2 CLOSE 6.54 1/2 Up 5 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 -0.07 CAD $/bu 5.59 5.59 5.52 7.23 CAD $/tonne 205.21 205.21 202.92 265.83 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 0.55 N/A N/A N/A 0.60 N/A London 0.74 0.68 0.61 N/A 0.72 0.65 0.59 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 0.70 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 0.57 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 0.55 N/A N/A N/A 0.60 N/A Brigden N/A N/A 0.55 N/A N/A N/A 0.60 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 -0.40 N/A N/A N/A N/A North Gower N/A 0.71 0.65 -0.18 N/A 0.72 0.72 0.12 W O Feed 1.31 TERMINAL Sarnia N/A N/A 0.90 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 1.18N/A N/A N/A N/A N/A Toledo El. 4.68US 5.83CA 5.23US 6.54CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.86 0.80 0.80 0.26 CAD $/bu 6.29 6.23 6.23 6.81 CAD $/tonne 231.08 228.79 228.79 250.15 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 456.14 DDG's FOB Srn & Aylm 155.00 - 165.00