FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, December 13

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, December 13 Exchange rate was 1.2839 down 0.0035 Chicago soybeans closed slightly higher. JAN18 HI 9.81 1/2 NOV18 HI 10.00 1/2 LOW 9.76 LOW 9.95 1/4 CLOSE9.79 1/4 Up 3 1/2 CLOSE 9.98 Up 3 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JAN1+MAR1+MAR18 CK Low 1.92 11.71 430.361.90 11.88 436.52 CK High 2.00 11.79 433.302.05 12.03 442.03 CK Average 1.97 -0.6311.76 432.201.98 -0.6411.96 439.52 Essex Cty 1.95 11.74 431.461.95 11.93 438.35 Mdsx Low 1.92 11.71 430.361.94 11.92 437.99 Mdsx High 1.95 11.74 431.462.00 11.98 440.19 Mdsx Average 1.94 -0.6611.73 430.911.97 -0.6511.95 439.09 Hensall 1.98 11.77 432.382.03 12.01 441.11 Bruce 1.95 11.74 431.461.95 11.93 438.35 Putnam 2.00 11.79 433.302.05 12.03 442.03 Burford 1.99 11.78 432.932.01 11.99 440.56 Port Perry 1.89 11.68 429.261.91 11.89 436.88 Norfolk 2.05 11.84 435.142.10 12.08 443.86 Palmerston 2.05 11.84 435.142.00 11.98 440.19 Varna 2.00 11.79 433.302.05 12.03 442.03 Trenton 1.95 11.74 431.462.00 11.98 440.19 Winchester 1.97 11.76 432.202.02 12.00 440.92 North Gower 1.90 11.69 429.631.90 11.88 436.52 Huron FOB 2.10 11.89 436.972.05 12.03 442.03 Kent FOB 2.10 11.89 436.972.05 12.03 442.03 Lambton FOB 2.05 11.84 435.142.20 12.18 447.54 Middlesex FOB2.09 2.16 2.17 2.24 11.88 436.612.18 12.16 446.80 TRANSFER Hamilton 2.40 12.19 448.00 N/A Prescott 2.08 11.87 436.242.19 12.17 447.17 Toledo El. -0.28 9.51 349.43-0.38 9.60 352.59 Exchange rate was 1.2839 down 0.0035 Chicago wheat closed moderately higher. MAR18 HI 4.17 1/4 JUL18 HI 4.42 3/4 LOW 4.11 LOW 4.38 CLOSE 4.16 3/4 Up 6 CLOSE 4.42 1/2 Up 5 1/4 Minni wheat closed slightly to moderately higher. MAR18 HI 6.14 SEP18 HI 6.23 1/4 LOW 6.05 3/4 LOW 6.17 1/2 CLOSE 6.12 1/2 Up 7 CLOSE 6.21 3/4 Up 4 3/4 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.61 0.86 0.73 0.39 CAD $/bu 4.77 5.03 4.90 6.52 CAD $/tonne 175.37 184.80 180.09 239.41 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 0.80 N/A N/A N/A 0.75 N/A London 0.84 1.04 0.84 N/A 0.92 0.85 0.72 N/A Hensall 0.80 N/A 0.80 N/A 1.00 N/A 0.75 N/A Trenton N/A N/A N/A N/A N/A N/A 0.85 N/A Bruce 0.85 0.85 0.85 0.10 0.95 0.75 0.75 0.30 Essex N/A N/A 0.65 N/A N/A N/A 0.69 N/A Norwich 0.80 N/A 0.80 N/A 1.00 N/A 0.75 N/A Port Hope N/A 1.00 0.80 N/A N/A 0.75 0.75 N/A Kent Bridge 0.80 N/A 0.80 N/A 1.00 N/A 0.75 N/A Chatham N/A N/A 0.80 N/A N/A N/A 0.75 N/A Brigden N/A N/A 0.80 N/A N/A N/A 0.75 N/A Palmerston N/A 0.80 0.75 0.25 N/A 0.65 0.70 0.35 Varna 1.10 0.80 0.80 N/A 0.95 0.75 0.75 N/A Mitchell 0.80 0.80 0.80 N/A 1.00 0.75 0.75 N/A Thornton N/A N/A N/A 0.10 N/A N/A N/A N/A North Gower N/A 0.60 0.60 0.30 N/A 0.93 0.83 0.20 W O Feed 1.44 PROCESSORS Toledo FM N/A N/A 1.31 N/A N/A N/A 1.11 N/A Toledo El. 3.92US 5.03CA 4.28US 5.47CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.86 0.86 0.79 0.34 CAD $/bu 5.28 5.28 5.22 6.55 CAD $/tonne 194.09 194.09 191.74 240.79 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 472.68 DDG's FOB Srn & Aylm 170.00 - 175.00