FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, September 4

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, September 4 Bank of Canada Noon exchange rate was 1.3273 up 0.0074 Chicago soybeans closed slightly lower. NOV15 HI 8.75 3/4 NOV15 HI 8.75 3/4 LOW 8.65 1/4 LOW 8.65 1/4 CLOSE8.66 1/2 Down 3 CLOSE 8.66 1/2 Down 3 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+JAN16 CK Low 2.00 10.67 391.871.95 10.62 390.03 CK High 2.05 10.72 393.712.10 10.77 395.55 CK Average 2.02 -0.8010.68 392.532.02 -0.8010.69 392.73 Essex Cty 2.08 10.75 394.812.08 10.75 394.81 Mdsx Low 1.99 10.66 391.501.95 10.62 390.03 Mdsx High 2.00 10.67 391.871.99 10.66 391.50 Mdsx Average 2.00 -0.8310.66 391.691.97 -0.8510.64 390.77 Hensall 2.03 10.69 392.791.98 10.64 390.95 Bruce 2.10 10.77 395.551.95 10.62 390.03 Putnam 2.15 10.82 397.382.00 10.67 391.87 Burford 2.02 10.69 392.612.02 10.69 392.61 Port Perry 1.99 10.66 391.501.99 10.66 391.50 Norfolk 2.03 10.70 392.972.03 10.70 392.97 Palmerston 2.05 10.72 393.712.05 10.72 393.71 Varna 2.05 10.72 393.712.00 10.67 391.87 Trenton 2.00 10.67 391.872.00 10.67 391.87 Winchester 2.20 10.87 399.222.20 10.87 399.22 North Gower 2.06 10.73 394.082.24 10.91 400.69 Huron FOB 2.15 10.82 397.382.10 10.77 395.55 Kent FOB 2.03 10.70 392.972.03 10.70 392.97 Lambton FOB 2.03 10.70 392.972.03 10.70 392.97 Middlesex FOB2.28 N/A N/A N/A 10.95 402.162.14 10.81 397.02 PROCESSORS Hamilton N/A 2.48 2.54 2.56 2.61 11.28 414.29 Windsor N/A N/A N/A N/A N/A Winchester N/A N/A TRANSFER Hamilton N/A N/A Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC N/A N/A Toledo El. -0.04 8.63 316.92-0.44 8.23 302.31 Bank of Canada Noon exchange rate was 1.3273 up 0.0074 Chicago wheat closed slightly higher. DEC15 HI 4.69 3/4 JUL16 HI 4.89 LOW 4.63 LOW 4.82 1/2 CLOSE 4.67 3/4 Up 2 1/2 CLOSE 4.86 3/4 Up 2 1/2 Minni wheat closed slightly higher. DEC15 HI 5.07 1/4 SEP16 HI 5.56 1/4 LOW 4.99 LOW 5.48 1/2 CLOSE 5.03 1/4 Up 3 CLOSE 5.51 Up 2 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 15 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 3.64 1.66 1.39 0.78 CAD $/bu 8.32 6.33 6.07 5.81 CAD $/tonne 305.79 232.72 222.98 213.48 Direct MarkHarvest 2015 Harvest 2016 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 1.30 0.95 N/A N/A 1.30 0.60 N/A London 3.22 1.34 0.77 N/A 1.62 1.23 0.43 N/A Hensall 3.60 N/A 1.00 N/A 1.85 N/A 0.60 N/A Trenton N/A N/A 1.05 N/A N/A N/A 0.60 N/A Winchester N/A N/A N/A 0.90 N/A N/A N/A N/A Essex N/A N/A 0.35 N/A N/A N/A 0.60 N/A Norwich 3.60 N/A 1.00 N/A 1.85 N/A 0.60 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge 3.60 N/A 0.40 N/A 1.85 N/A 0.60 N/A Chatham N/A N/A 0.35 N/A N/A 1.30 0.60 N/A Brigden N/A N/A 0.35 N/A N/A N/A 0.60 N/A Palmerston N/A 1.35 1.05 0.60 N/A 1.35 0.65 0.20 Varna 3.60 1.20 1.00 N/A 1.85 1.20 0.60 N/A Mitchell 3.60 1.20 1.00 N/A 1.85 1.30 0.60 N/A Thornton N/A N/A N/A 0.29 N/A N/A N/A N/A North Gower N/A 1.62 1.36 0.74 N/A 1.68 0.76 1.23 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A N/A N/A N/A N/A N/A N/A Pt. Stanley N/A N/A N/A N/A N/A N/A N/A N/A PROCESSORS Toledo FM 4.57N/A 2.25N/A 3.57N/A 1.98N/A Toledo El. 4.85US 6.43CA 4.69US 6.21CA GFO Contract Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.59 1.72 0.79 1.26 CAD $/bu 6.45 6.59 5.66 6.77 CAD $/tonne 237.11 241.98 207.88 248.92 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 290.00 - 300.00 Bayport Oats 280.00 Bayport Barley 275.00 FOB Hm Soymeal 495.94 - 500.35 DDG's FOB Srn & Aylm 210.00 - 215.00