FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, July 25

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, July 25 Exchange rate was 1.3037 down 0.0109 Chicago soybeans closed slightly higher. AUG18 HI 8.63 NOV18 HI 8.78 LOW 8.52 LOW 8.66 3/4 CLOSE8.60 3/4 Up 2 3/4 CLOSE 8.75 3/4 Up 2 1/2 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 11.21 411.812.54 11.30 415.11 CK High 2.75 11.36 417.322.60 11.36 417.32 CK Average 2.69 0.06 11.30 415.052.58 -0.0511.34 416.64 Essex Cty 2.85 11.46 420.992.60 11.36 417.32 Mdsx Low 2.66 11.27 414.012.57 11.33 416.21 Mdsx High 2.70 11.31 415.482.60 11.36 417.32 Mdsx Average 2.68 0.05 11.29 414.742.59 -0.0411.34 416.77 Hensall 2.70 11.31 415.482.60 11.36 417.32 Bruce 2.70 11.31 415.482.60 11.36 417.32 Putnam 2.70 11.31 415.482.60 11.36 417.32 Burford 2.70 11.31 415.482.61 11.37 417.68 Port Perry 2.63 11.24 412.912.54 11.30 415.11 Norfolk 2.75 11.36 417.322.60 11.36 417.32 Palmerston 2.70 11.31 415.482.60 11.36 417.32 Varna 2.70 11.31 415.482.60 11.36 417.32 Trenton 2.65 11.26 413.642.60 11.36 417.32 Winchester 2.66 11.27 414.012.56 11.32 415.85 North Gower 2.45 11.06 406.292.42 11.18 410.70 Huron FOB 2.80 11.41 419.152.70 11.46 420.99 Kent FOB 2.95 11.56 424.672.60 11.36 417.32 Lambton FOB 2.85 11.46 420.992.75 11.51 422.83 Middlesex FOB2.57 2.57 2.51 N/A 11.18 410.702.74 11.50 422.46 PROCESSORS Windsor 3.20 11.81 433.853.05 11.81 433.85 TRANSFER Hamilton N/A 2.90 11.66 428.34 Prescott 2.02 10.63 390.492.78 11.54 423.93 Toledo El. 0.10 8.71 320.10-0.39 8.37 307.44 Exchange rate was 1.3037 down 0.0109 Chicago wheat closed higher to sharply higher. SEP18 HI 5.45 1/4 JUL19 HI 5.87 LOW 5.11 1/4 LOW 5.58 1/4 CLOSE 5.42 3/4 Up 32 1/2 CLOSE 5.84 1/4 Up 25 1/2 Minni wheat closed higher to sharply higher. SEP18 HI 5.92 1/2 SEP19 HI 6.36 3/4 LOW 5.54 1/2 LOW 6.13 CLOSE 5.87 1/4 Up 32 1/2 CLOSE 6.33 Up 20 3/4 GFO Cash Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.32 1.52 1.45 0.68 CAD $/bu 6.75 6.95 6.88 6.55 CAD $/tonne 248.02 255.20 252.81 240.59 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 1.15 1.34 1.01 N/A 1.34 1.28 1.08 N/A Hensall 1.10 N/A 1.05 N/A 1.15 N/A 1.00 N/A Trenton N/A N/A 1.10 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 1.02 N/A N/A N/A 1.05 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 1.10 N/A N/A N/A 1.00 N/A Brigden N/A N/A 1.10 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 0.84 N/A N/A N/A N/A North Gower N/A 1.40 1.35 0.60 N/A 1.36 1.36 0.50 W O Feed 1.60 PROCESSORS Toledo FM N/A N/A 1.91 N/A N/A N/A 1.89 N/A Toledo El. 5.50US 7.17CA 5.69US 7.41CA GFO Contract Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.37 1.44 1.44 0.54 CAD $/bu 7.21 7.28 7.28 6.87 CAD $/tonne 265.07 267.46 267.46 252.51 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 520.30 DDG's FOB Srn & Aylm 190.00 - 200.00