FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, July 23

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, July 23 Exchange rate was 1.3164 up 0.0043 Chicago soybeans closed slightly lower to steady. AUG18 HI 8.54 3/4 NOV18 HI 8.70 LOW 8.47 1/4 LOW 8.62 1/4 CLOSE8.47 3/4 Down 2 CLOSE 8.62 3/4 Down 2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +AUG1+AUG1+NOV18 CK Low 2.60 11.08 407.032.51 11.14 409.23 CK High 2.70 11.18 410.702.60 11.23 412.54 CK Average 2.68 0.00 11.16 409.972.58 -0.0911.20 411.68 Essex Cty 2.80 11.28 414.382.60 11.23 412.54 Mdsx Low 2.70 11.18 410.702.54 11.17 410.34 Mdsx High 2.71 11.19 411.072.60 11.23 412.54 Mdsx Average 2.71 0.02 11.18 410.892.57 -0.0911.20 411.44 Hensall 2.70 11.18 410.702.60 11.23 412.54 Bruce 2.70 11.18 410.702.60 11.23 412.54 Putnam 2.70 11.18 410.702.60 11.23 412.54 Burford 2.75 11.23 412.542.58 11.21 411.81 Port Perry 2.68 11.16 409.972.51 11.14 409.23 Norfolk 2.70 11.18 410.702.60 11.23 412.54 Palmerston 2.70 11.18 410.702.60 11.23 412.54 Varna 2.70 11.18 410.702.60 11.23 412.54 Trenton 2.65 11.13 408.872.60 11.23 412.54 Winchester 2.65 11.13 408.872.52 11.15 409.60 North Gower 2.45 10.93 401.522.42 11.05 405.93 Huron FOB 2.80 11.28 414.382.70 11.33 416.21 Kent FOB 2.90 11.38 418.052.60 11.23 412.54 Lambton FOB 2.80 11.28 414.382.75 11.38 418.05 Middlesex FOB2.55 2.55 2.55 N/A 11.03 405.192.78 11.41 419.15 PROCESSORS Windsor 3.28 11.76 432.013.13 11.76 432.01 TRANSFER Hamilton N/A 2.90 11.53 423.56 Prescott 2.02 10.50 385.722.78 11.41 419.15 Toledo El. 0.11 8.58 315.36-0.39 8.23 302.55 Exchange rate was 1.3164 up 0.0043 Chicago wheat closed narrowly mixed. SEP18 HI 5.22 1/2 JUL19 HI 5.66 3/4 LOW 5.12 LOW 5.57 1/2 CLOSE 5.13 3/4 Down 2 1/4 CLOSE 5.61 1/4 Up 3/4 Minni wheat closed slightly to moderately higher. SEP18 HI 5.67 SEP19 HI 6.22 3/4 LOW 5.54 1/4 LOW 6.14 3/4 CLOSE 5.62 Up 7 CLOSE 6.17 3/4 Up 4 GFO Cash Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.30 1.49 1.43 0.66 CAD $/bu 6.43 6.63 6.57 6.28 CAD $/tonne 236.40 243.66 241.24 230.72 Direct MarkHarvest 2018 Harvest 2019 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 1.00 N/A London 1.17 1.30 1.10 N/A 1.25 1.18 0.98 N/A Hensall 1.10 N/A 1.05 N/A 1.15 N/A 1.00 N/A Trenton N/A N/A 1.15 N/A N/A N/A 1.10 N/A Bruce 1.10 1.20 1.05 0.55 1.15 1.20 1.00 0.50 Essex N/A N/A 1.01 N/A N/A N/A 1.10 N/A Norwich 1.10 N/A 1.05 N/A 1.15 N/A 1.00 N/A Port Hope N/A 1.05 1.05 N/A N/A 1.05 1.05 N/A Kent Bridge 1.10 N/A 1.05 N/A 1.15 N/A 1.00 N/A Chatham N/A N/A 1.05 N/A N/A N/A 1.00 N/A Brigden N/A N/A 1.05 N/A N/A N/A 1.00 N/A Palmerston N/A 1.10 1.00 0.55 N/A 1.10 0.95 N/A Varna 1.25 1.25 1.05 N/A 1.10 1.20 1.00 N/A Mitchell 1.10 1.20 1.05 N/A 1.15 1.20 1.00 N/A Thornton N/A N/A N/A 0.82 N/A N/A N/A N/A North Gower N/A 1.40 1.35 0.60 N/A 1.39 1.39 0.50 W O Feed 1.57 PROCESSORS Toledo FM N/A N/A 1.89 N/A N/A N/A 1.88 N/A Toledo El. 5.21US 6.86CA 5.46US 7.17CA GFO Contract Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.36 1.42 1.42 0.55 CAD $/bu 6.97 7.04 7.04 6.73 CAD $/tonne 256.09 258.50 258.50 247.17 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 518.10 DDG's FOB Srn & Aylm 190.00 - 200.00