FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, June 15

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, June 15 Exchange rate was 1.3175 up 0.0083 Chicago soybeans closed slightly to moderately lower. JUL18 HI 9.29 3/4 NOV18 HI 9.53 LOW 9.03 LOW 9.27 1/4 CLOSE9.05 1/2 Down 21 3/4 CLOSE 9.30 1/2 Down 19 1/2 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 11.41 419.062.30 11.61 426.41 CK High 2.45 11.51 422.742.40 11.71 430.09 CK Average 2.41 -0.3511.47 421.332.37 -0.4511.67 428.80 Essex Cty 2.40 11.46 420.902.30 11.61 426.41 Mdsx Low 2.42 11.48 421.632.34 11.65 427.88 Mdsx High 2.45 11.51 422.742.40 11.71 430.09 Mdsx Average 2.44 -0.3311.49 422.192.37 -0.4411.68 428.98 Hensall 2.45 11.51 422.742.40 11.71 430.09 Bruce 2.45 11.51 422.742.40 11.71 430.09 Putnam 2.50 11.56 424.572.40 11.71 430.09 Burford 2.49 11.55 424.212.41 11.72 430.45 Port Perry 2.39 11.45 420.532.31 11.62 426.78 Norfolk 2.45 11.51 422.742.40 11.71 430.09 Palmerston 2.45 11.51 422.742.40 11.71 430.09 Varna 2.40 11.46 420.902.30 11.61 426.41 Trenton 2.35 11.41 419.062.30 11.61 426.41 Winchester 2.27 11.33 416.122.33 11.64 427.51 North Gower 2.28 11.34 416.492.38 11.69 429.35 Huron FOB 2.55 11.61 426.412.50 11.81 433.76 Kent FOB 2.55 11.61 426.412.40 11.71 430.09 Lambton FOB 2.60 11.66 428.252.50 11.81 433.76 Middlesex FOB2.59 2.66 2.66 N/A 11.65 427.882.44 11.75 431.55 PROCESSORS Windsor 2.94 12.00 440.742.65 11.96 439.27 TRANSFER Hamilton N/A 2.60 11.91 437.43 Prescott 2.31 11.37 417.592.75 12.06 442.95 Toledo El. -0.20 8.86 325.45-0.40 8.91 327.38 Exchange rate was 1.3175 up 0.0083 Chicago wheat closed slightly lower. JUL18 HI 5.08 3/4 JUL18 HI 5.08 3/4 LOW 4.87 LOW 4.87 CLOSE 4.99 1/2 Down 2 CLOSE 4.99 1/2 Down 2 Minni wheat closed moderately lower. JUL18 HI 5.79 3/4 SEP18 HI 5.92 LOW 5.67 1/2 LOW 5.80 CLOSE 5.70 3/4 Down 6 3/4 CLOSE 5.81 Down 8 3/4 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.48 1.41 1.22 0.36 CAD $/bu 6.48 6.41 6.21 6.07 CAD $/tonne 237.94 235.52 228.26 223.05 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 1.08 1.41 1.08 N/A 1.20 1.20 1.07 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 0.86 N/A N/A N/A 1.05 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 1.05 N/A N/A N/A 1.10 N/A Brigden N/A N/A 1.05 N/A N/A N/A 1.10 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 0.50 N/A N/A N/A N/A North Gower N/A 1.18 0.98 0.15 N/A 1.47 1.39 0.28 W O Feed 1.57 PROCESSORS Toledo FM N/A N/A 1.85 N/A N/A N/A 1.85 N/A Toledo El. 5.10US 6.71CA 5.10US 6.71CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.45 1.52 1.43 0.40 CAD $/bu 6.45 6.52 6.42 6.21 CAD $/tonne 236.97 239.39 236.00 228.01 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 519.09 DDG's FOB Srn & Aylm 260.00 - 265.00