FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, October 12

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, October 12 Exchange rate was 1.2453 down 0.0031 Chicago soybeans closed moderately higher to higher. NOV17 HI 9.97 3/4 NOV18 HI 10.08 1/4 LOW 9.59 LOW 9.80 CLOSE9.92 Up 26 3/4 CLOSE 10.06 1/2 Up 20 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +NOV1+JAN1+JAN18 CK Low 1.65 11.57 425.121.45 11.52 423.10 CK High 1.75 11.67 428.801.60 11.67 428.62 CK Average 1.71 -0.5811.63 427.331.57 -0.7211.64 427.51 Essex Cty 1.60 11.52 423.291.60 11.67 428.62 Mdsx Low 1.71 11.63 427.331.57 11.64 427.51 Mdsx High 1.80 11.72 430.641.60 11.67 428.62 Mdsx Average 1.76 -0.5411.68 428.981.59 -0.7111.65 428.06 Hensall 1.80 11.72 430.641.60 11.67 428.62 Bruce 1.75 11.67 428.801.60 11.67 428.62 Putnam 1.65 11.57 425.121.45 11.52 423.10 Burford 1.78 11.70 429.901.64 11.71 430.09 Port Perry 1.68 11.60 426.231.54 11.61 426.41 Norfolk 1.80 11.72 430.641.65 11.72 430.45 Palmerston 1.80 11.72 430.641.60 11.67 428.62 Varna 1.80 11.72 430.641.60 11.67 428.62 Trenton 1.75 11.67 428.801.60 11.67 428.62 Winchester 1.85 11.77 432.471.60 11.67 428.62 North Gower 1.84 11.76 432.111.65 11.72 430.45 Huron FOB 1.90 11.82 434.311.70 11.77 432.29 Kent FOB 1.70 11.62 426.961.60 11.67 428.62 Lambton FOB 1.85 11.77 432.471.80 11.87 435.96 Middlesex FOB1.83 1.89 1.92 2.03 11.75 431.741.67 11.74 431.19 TRANSFER Prescott N/A N/A Sarnia N/A N/A Toledo El. -0.55 9.37 344.36-0.37 9.69 356.10 Exchange rate was 1.2453 down 0.0031 Chicago wheat closed slightly lower. DEC17 HI 4.37 3/4 JUL18 HI 4.81 1/2 LOW 4.28 LOW 4.73 CLOSE 4.30 1/2 Down 2 3/4 CLOSE 4.75 1/4 Down 3 1/4 Minni wheat closed moderately lower. DEC17 HI 6.20 1/2 SEP18 HI 6.36 3/4 LOW 6.10 1/2 LOW 6.28 1/2 CLOSE 6.11 1/4 Down 7 3/4 CLOSE 6.29 1/4 Down 8 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.68 0.93 0.81 0.38 CAD $/bu 4.99 5.24 5.11 6.49 CAD $/tonne 183.26 192.41 187.84 238.51 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 0.60 N/A London 0.50 0.63 0.56 N/A 0.85 0.79 0.54 N/A Hensall 0.60 N/A 0.60 N/A 0.85 N/A 0.60 N/A Trenton N/A N/A 0.65 N/A N/A N/A 0.80 N/A Bruce 0.60 0.60 0.60 0.25 0.85 0.65 0.60 0.35 Essex N/A N/A N/A N/A N/A N/A 0.65 N/A Norwich 0.60 N/A 0.60 N/A 0.85 N/A 0.60 N/A Port Hope N/A 0.70 0.70 N/A N/A 0.65 0.70 N/A Kent Bridge 0.60 N/A 0.60 N/A 0.85 N/A 0.60 N/A Chatham N/A N/A 0.60 N/A N/A N/A 0.60 N/A Brigden N/A N/A 0.60 N/A N/A N/A 0.60 N/A Palmerston N/A 0.60 0.60 0.25 N/A 0.65 0.60 0.35 Varna 0.90 0.60 0.60 N/A 0.80 0.60 0.60 N/A Mitchell 0.60 0.60 0.60 N/A 0.85 0.65 0.60 N/A Thornton N/A N/A N/A 0.19 N/A N/A N/A N/A North Gower N/A 0.75 0.75 0.35 N/A 0.86 0.81 0.10 W O Feed 1.34 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 1.24N/A N/A N/A 1.04N/A Toledo El. 4.23US 5.26CA 4.55US 5.67CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.79 0.79 0.73 0.17 CAD $/bu 5.54 5.54 5.48 6.47 CAD $/tonne 203.74 203.74 201.45 237.60 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 473.23 DDG's FOB Srn & Aylm 140.00 - 145.00