FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, August 1

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, August 1 Exchange rate was 1.2516 up 0.0056 Chicago soybeans closed moderately lower to lower. NOV17 HI 10.00 1/4 NOV17 HI 10.00 1/4 LOW 9.69 3/4 LOW 9.69 3/4 CLOSE9.71 3/4 Down 35 1/2 CLOSE 9.71 3/4 Down 35 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +NOV1+NOV1+NOV17 CK Low 1.80 11.52 423.201.65 11.37 417.68 CK High 1.85 11.57 425.031.75 11.47 421.36 CK Average 1.84 -0.4811.56 424.601.70 -0.5811.42 419.46 Essex Cty 1.85 11.57 425.031.70 11.42 419.52 Mdsx Low 1.83 11.55 424.301.69 11.41 419.15 Mdsx High 1.85 11.57 425.031.75 11.47 421.36 Mdsx Average 1.84 -0.4811.56 424.671.72 -0.5611.44 420.26 Hensall 1.87 11.58 425.581.75 11.47 421.36 Bruce 1.85 11.57 425.031.75 11.47 421.36 Putnam 1.88 11.60 426.141.75 11.47 421.36 Burford 1.90 11.62 426.871.76 11.48 421.73 Port Perry 1.83 11.55 424.301.69 11.41 419.15 Norfolk N/A 1.75 11.47 421.36 Palmerston 1.85 11.57 425.031.70 11.42 419.52 Varna 1.83 11.55 424.301.75 11.47 421.36 Trenton 1.80 11.52 423.201.70 11.42 419.52 Winchester 1.90 11.62 426.872.10 11.82 434.22 North Gower 1.60 11.32 415.851.79 11.51 422.83 Huron FOB 1.98 11.70 429.811.85 11.57 425.03 Kent FOB 1.95 11.67 428.711.70 11.42 419.52 Lambton FOB 2.05 11.77 432.381.80 11.52 423.20 Middlesex FOB2.07 2.07 N/A N/A 11.79 433.121.86 11.58 425.40 PROCESSORS Hamilton 2.26 2.23 2.17 2.22 11.98 440.102.17 11.89 436.79 N/A N/A N/A TRANSFER Prescott 2.00 11.72 430.542.19 11.91 437.53 Sarnia 2.17 11.89 436.792.04 11.76 432.01 Toledo El. -0.31 9.40 345.56-0.64 9.08 333.64 Exchange rate was 1.2516 up 0.0056 Chicago wheat closed moderately lower to lower. SEP17 HI 4.78 JUL18 HI 5.43 1/2 LOW 4.60 1/2 LOW 5.30 CLOSE 4.61 1/4 Down 13 1/4 CLOSE 5.31 Down 9 1/2 Minni wheat closed moderately lower to lower. SEP17 HI 7.39 SEP18 HI 6.55 1/2 LOW 7.16 LOW 6.41 1/4 CLOSE 7.18 Down 13 1/4 CLOSE 6.45 1/2 Down 9 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.78 0.78 0.72 -0.07 CAD $/bu 5.40 5.40 5.33 7.11 CAD $/tonne 198.32 198.32 196.02 261.21 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 0.73 0.67 0.54 N/A 0.82 0.64 0.57 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 0.55 N/A N/A N/A 0.60 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 0.85 0.60 0.55 N/A 0.85 0.65 0.60 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 -0.47 N/A N/A N/A N/A North Gower N/A 0.63 0.63 -0.17 N/A 0.81 0.81 0.16 W O Feed 1.16 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 1.22N/A N/A N/A N/A N/A Toledo El. 4.51US 5.65CA 5.11US 6.39CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.83 0.76 0.76 0.24 CAD $/bu 6.14 6.07 6.07 6.69 CAD $/tonne 225.43 223.13 223.13 245.86 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 451.18 DDG's FOB Srn & Aylm 155.00 - 160.00