FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, June 14

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, June 14 Exchange rate was 1.3092 up 0.0054 Chicago soybeans closed slightly lower. JUL18 HI 9.37 3/4 NOV18 HI 9.60 LOW 9.24 LOW 9.46 1/2 CLOSE9.27 1/4 Down 8 3/4 CLOSE 9.50 Down 8 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JUL1+AUG1+NOV18 CK Low 2.35 11.62 427.052.25 11.75 431.74 CK High 2.40 11.67 428.892.40 11.90 437.25 CK Average 2.36 -0.3911.63 427.422.30 -0.4911.80 433.64 Essex Cty 2.35 11.62 427.052.20 11.70 429.90 Mdsx Low 2.35 11.62 427.052.26 11.76 432.11 Mdsx High 2.36 11.63 427.422.30 11.80 433.58 Mdsx Average 2.36 -0.3911.63 427.242.28 -0.5011.78 432.84 Hensall 2.38 11.65 427.972.30 11.80 433.58 Bruce 2.35 11.62 427.052.30 11.80 433.58 Putnam 2.50 11.77 432.572.40 11.90 437.25 Burford 2.43 11.70 429.992.33 11.83 434.68 Port Perry 2.33 11.60 426.322.23 11.73 431.00 Norfolk 2.40 11.67 428.892.30 11.80 433.58 Palmerston 2.45 11.72 430.732.40 11.90 437.25 Varna 2.45 11.72 430.732.35 11.85 435.41 Trenton 2.35 11.62 427.052.30 11.80 433.58 Winchester 2.21 11.48 421.912.29 11.79 433.21 North Gower 2.24 11.51 423.012.28 11.78 432.84 Huron FOB 2.50 11.77 432.572.40 11.90 437.25 Kent FOB 2.45 11.72 430.732.30 11.80 433.58 Lambton FOB 2.45 11.72 430.732.30 11.80 433.58 Middlesex FOB2.53 2.60 2.60 N/A 11.80 433.672.37 11.87 436.15 PROCESSORS Windsor 2.93 12.20 448.372.64 12.14 446.07 TRANSFER Hamilton N/A 2.60 12.10 444.60 Prescott 2.31 11.58 425.582.75 12.25 450.11 Toledo El. -0.20 9.08 333.49-0.33 9.17 337.04 Exchange rate was 1.3092 up 0.0054 Chicago wheat closed lower. JUL18 HI 5.17 JUL18 HI 5.17 LOW 4.98 1/4 LOW 4.98 1/4 CLOSE 5.01 1/2 Down 15 CLOSE 5.01 1/2 Down 15 Minni wheat closed moderately lower. JUL18 HI 5.85 1/4 SEP18 HI 5.98 1/2 LOW 5.75 LOW 5.87 1/4 CLOSE 5.77 1/2 Down 7 CLOSE 5.89 3/4 Down 7 1/2 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.45 1.38 1.18 0.35 CAD $/bu 6.46 6.40 6.20 6.12 CAD $/tonne 237.41 235.00 227.78 224.90 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 1.05 N/A N/A N/A 1.10 N/A London 1.04 1.36 1.04 N/A 1.16 1.16 1.03 N/A Hensall 1.15 N/A 1.05 N/A 1.20 N/A 1.10 N/A Trenton N/A N/A N/A N/A N/A N/A 1.10 N/A Bruce 1.15 1.15 1.05 N/A 1.20 1.20 1.10 0.55 Essex N/A N/A 0.88 N/A N/A N/A 1.09 N/A Norwich 1.15 N/A 1.05 N/A 1.20 N/A 1.10 N/A Port Hope N/A N/A 1.05 N/A N/A 1.10 1.10 N/A Kent Bridge 1.15 N/A 1.05 N/A 1.20 N/A 1.10 N/A Chatham N/A N/A 1.00 N/A N/A N/A 1.05 N/A Brigden N/A N/A 1.00 N/A N/A N/A 1.05 N/A Palmerston N/A 1.00 1.00 0.35 N/A 1.10 1.05 0.55 Varna 1.35 1.25 1.05 N/A 1.30 1.30 1.10 N/A Mitchell 1.15 1.15 1.05 N/A 1.20 1.20 1.10 N/A Thornton N/A N/A N/A 0.41 N/A N/A N/A N/A North Gower N/A 1.20 1.00 0.14 N/A 1.51 1.37 0.28 W O Feed 1.57 PROCESSORS Toledo FM N/A N/A 1.81 N/A N/A N/A 1.81 N/A Toledo El. 5.12US 6.70CA 5.12US 6.70CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.42 1.49 1.39 0.38 CAD $/bu 6.43 6.50 6.41 6.28 CAD $/tonne 236.44 238.85 235.48 230.79 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 523.83 DDG's FOB Srn & Aylm 265.00