FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, November 8

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, November 8 Exchange rate was 1.2727 down 0.0057 Chicago soybeans closed slightly higher. JAN18 HI 9.99 1/2 NOV18 HI 10.08 3/4 LOW 9.94 3/4 LOW 10.03 3/4 CLOSE9.98 1/2 Up 2 1/2 CLOSE 10.08 1/4 Up 4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR18 CK Low 1.85 11.84 434.861.95 12.03 442.12 CK High 2.00 11.99 440.372.05 12.13 445.79 CK Average 1.91 -0.6411.90 437.131.99 -0.5712.07 443.47 Essex Cty 1.90 11.89 436.701.90 11.98 440.28 Mdsx Low 1.87 11.86 435.601.97 12.05 442.85 Mdsx High 1.95 11.94 438.542.05 12.13 445.79 Mdsx Average 1.91 -0.6411.90 437.072.01 -0.5512.09 444.32 Hensall 1.95 11.94 438.542.05 12.13 445.79 Bruce 1.90 11.89 436.702.00 12.08 443.96 Putnam 1.95 11.94 438.542.00 12.08 443.96 Burford 1.94 11.93 438.172.04 12.12 445.43 Port Perry 1.84 11.83 434.491.94 12.02 441.75 Norfolk 1.95 11.94 438.542.05 12.13 445.79 Palmerston 2.00 11.99 440.371.95 12.03 442.12 Varna 1.95 11.94 438.542.05 12.13 445.79 Trenton 1.90 11.89 436.702.00 12.08 443.96 Winchester 2.00 11.99 440.372.00 12.08 443.96 North Gower 1.90 11.89 436.701.85 11.93 438.44 Huron FOB 2.05 12.04 442.212.15 12.23 449.47 Kent FOB 1.95 11.94 438.542.00 12.08 443.96 Lambton FOB 1.90 11.89 436.702.05 12.13 445.79 Middlesex FOB2.03 2.09 2.14 2.17 12.02 441.482.10 12.18 447.63 TRANSFER Hamilton 2.20 N/A N/A N/A 12.19 447.72 N/A Prescott 2.15 12.14 445.882.10 12.18 447.63 Sarnia N/A N/A Toledo El. -0.57 9.41 345.84-0.38 9.70 356.48 Exchange rate was 1.2727 down 0.0057 Chicago wheat closed slightly lower. DEC17 HI 4.27 1/2 JUL18 HI 4.70 1/2 LOW 4.19 LOW 4.62 1/4 CLOSE 4.26 3/4 Down 1/2 CLOSE 4.69 1/2 Down 1 1/2 Minni wheat closed slightly to moderately higher. DEC17 HI 6.49 SEP18 HI 6.44 3/4 LOW 6.32 LOW 6.34 3/4 CLOSE 6.43 1/2 Up 8 3/4 CLOSE 6.44 1/4 Up 3 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 1.04 0.91 0.61 CAD $/bu 5.05 5.30 5.18 7.04 CAD $/tonne 185.53 194.88 190.21 258.83 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 0.90 N/A N/A N/A 0.75 N/A London 0.89 0.95 0.89 N/A 0.94 0.87 0.74 N/A Hensall 0.90 N/A 0.90 N/A 0.95 N/A 0.75 N/A Trenton N/A N/A N/A N/A N/A N/A 0.90 N/A Bruce 0.90 0.90 0.90 0.25 0.95 0.75 0.75 0.35 Essex N/A N/A N/A N/A N/A N/A 0.74 N/A Norwich 0.90 N/A 0.90 N/A 0.95 N/A 0.75 N/A Port Hope N/A 0.90 0.85 N/A N/A 0.75 0.75 N/A Kent Bridge 0.90 N/A 0.90 N/A 0.95 N/A 0.75 N/A Chatham N/A N/A 0.90 N/A N/A N/A 0.75 N/A Brigden N/A N/A 0.90 N/A N/A N/A 0.75 N/A Palmerston N/A 0.60 0.85 0.25 N/A 0.65 0.75 0.35 Varna 1.20 0.90 0.90 N/A 0.95 0.75 0.75 N/A Mitchell 0.90 0.90 0.90 N/A 0.95 0.75 0.75 N/A Thornton N/A N/A N/A -0.07 N/A N/A N/A N/A North Gower N/A 0.75 0.75 0.50 N/A 0.90 0.90 0.25 W O Feed 1.46 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 1.35N/A N/A N/A 1.26N/A Toledo El. 4.22US 5.37CA 4.55US 5.77CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.88 0.88 0.82 0.34 CAD $/bu 5.58 5.58 5.51 6.78 CAD $/tonne 204.91 204.91 202.58 249.08 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 456.59 DDG's FOB Srn & Aylm 140.00 - 145.00