FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, January 22

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, January 22 Exchange rate was 1.2448 down 0.0025 Chicago soybeans closed slightly higher. MAR18 HI 9.87 1/4 NOV18 HI 10.04 LOW 9.80 LOW 9.98 1/2 CLOSE9.84 1/4 Up 7 CLOSE 10.00 1/2 Up 4 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +MAR1+MAR1+MAY18 CK Low 1.70 11.54 424.111.65 11.66 428.25 CK High 1.75 11.59 425.951.80 11.81 433.76 CK Average 1.73 -0.5411.57 425.281.72 -0.5811.72 430.64 Essex Cty 1.70 11.54 424.111.70 11.71 430.09 Mdsx Low 1.70 11.54 424.111.69 11.70 429.72 Mdsx High 1.74 11.58 425.581.75 11.76 431.92 Mdsx Average 1.72 -0.5511.56 424.851.72 -0.5811.73 430.82 Hensall 1.70 11.54 424.111.75 11.76 431.92 Bruce 1.70 11.54 424.111.75 11.76 431.92 Putnam 1.70 11.54 424.111.75 11.76 431.92 Burford 1.81 11.65 428.161.76 11.77 432.29 Port Perry 1.74 11.58 425.581.69 11.70 429.72 Norfolk 1.70 11.54 424.111.75 11.76 431.92 Palmerston 1.75 11.59 425.951.75 11.76 431.92 Varna 1.70 11.54 424.111.75 11.76 431.92 Trenton 1.70 11.54 424.111.75 11.76 431.92 Winchester 1.75 11.59 425.951.83 11.84 434.86 North Gower 1.63 11.47 421.541.76 11.77 432.29 Huron FOB 1.80 11.64 427.791.85 11.86 435.60 Kent FOB 1.85 11.69 429.631.70 11.71 430.09 Lambton FOB 1.95 11.79 433.301.75 11.76 431.92 Middlesex FOB1.85 1.94 1.94 1.88 11.69 429.631.79 11.80 433.39 TRANSFER Hamilton N/A 2.15 12.16 446.62 Prescott 1.82 11.66 428.522.03 12.04 442.21 Toledo El. -0.24 9.61 352.96-0.37 9.63 353.91 Exchange rate was 1.2448 down 0.0025 Chicago wheat closed slightly higher. MAR18 HI 4.27 1/2 JUL18 HI 4.53 LOW 4.23 1/4 LOW 4.49 CLOSE 4.25 3/4 Up 3 CLOSE 4.52 Up 3 1/4 Minni wheat closed slightly lower to steady. MAR18 HI 6.11 1/4 SEP18 HI 6.23 LOW 6.06 1/2 LOW 6.20 1/4 CLOSE 6.07 Down 1 1/2 CLOSE 6.21 3/4 Unchanged GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.73 0.86 0.73 0.18 CAD $/bu 4.99 5.11 4.99 6.25 CAD $/tonne 183.30 187.87 183.30 229.61 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 0.70 N/A London 0.85 1.16 0.78 N/A 0.96 0.72 0.72 N/A Hensall 0.90 N/A 0.80 N/A 0.95 N/A 0.70 N/A Trenton N/A N/A N/A N/A N/A N/A 0.85 N/A Bruce 0.90 0.85 0.80 0.15 0.95 0.70 0.70 0.30 Essex N/A N/A N/A N/A N/A N/A 0.54 N/A Norwich 0.90 N/A 0.80 N/A 0.95 N/A 0.70 N/A Port Hope N/A N/A 0.80 N/A N/A 0.75 0.70 N/A Kent Bridge 0.90 N/A 0.80 N/A 0.95 N/A 0.70 N/A Chatham N/A N/A 0.80 N/A N/A N/A 0.70 N/A Brigden N/A N/A 0.80 N/A N/A N/A 0.70 N/A Palmerston N/A 0.80 0.80 0.25 N/A 0.75 0.80 0.35 Varna 1.10 0.85 0.80 N/A 0.90 0.70 0.70 N/A Mitchell 0.90 0.85 0.80 N/A 0.95 0.70 0.70 N/A Thornton N/A N/A N/A 0.28 N/A N/A N/A N/A North Gower N/A 0.86 0.73 0.20 N/A 0.88 0.82 0.16 W O Feed 1.43 PROCESSORS Toledo FM N/A N/A 1.17 N/A N/A N/A 1.10 N/A Toledo El. 4.16US 5.18CA 4.37US 5.44CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.73 0.73 0.67 0.15 CAD $/bu 5.25 5.25 5.19 6.37 CAD $/tonne 192.91 192.91 190.62 233.93 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 470.25 DDG's FOB Srn & Aylm 235.00 - 240.00