FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, September 17

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, September 17 Bank of Canada Noon exchange rate was 1.3186 up 0.0008 Chicago soybeans closed slightly lower. NOV15 HI 8.90 1/2 NOV16 HI 8.87 LOW 8.80 1/2 LOW 8.80 CLOSE8.84 1/2 Down 2 3/4 CLOSE 8.83 Down 1 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+JAN16 CK Low 2.00 10.85 398.491.70 10.53 386.91 CK High 2.10 10.95 402.161.75 10.58 388.75 CK Average 2.05 -0.7710.89 400.141.72 -1.0910.55 387.71 Essex Cty 2.05 10.90 400.321.70 10.53 386.91 Mdsx Low 2.00 10.85 398.491.68 10.51 386.18 Mdsx High 2.00 10.85 398.491.70 10.53 386.91 Mdsx Average 2.00 -0.8110.85 398.491.69 -1.1210.52 386.54 Hensall 2.00 10.85 398.491.68 10.51 385.99 Bruce 2.05 10.90 400.321.75 10.58 388.75 Putnam 1.70 10.55 387.461.50 10.33 379.56 Burford 2.03 10.88 399.591.71 10.54 387.28 Port Perry 2.00 10.85 398.491.68 10.51 386.18 Norfolk 2.05 10.90 400.321.70 10.53 386.91 Palmerston 2.00 10.85 398.491.70 10.53 386.91 Varna 2.00 10.85 398.491.65 10.48 385.07 Trenton 2.05 10.90 400.321.75 10.58 388.75 Winchester 2.20 11.05 405.832.08 10.91 400.87 North Gower 2.22 11.07 406.572.04 10.87 399.40 Huron FOB 2.05 10.90 400.321.75 10.58 388.75 Kent FOB 2.05 10.90 400.321.70 10.53 386.91 Lambton FOB 2.05 10.90 400.321.70 10.53 386.91 Middlesex FOB2.30 2.23 2.34 N/A 11.15 409.512.23 11.06 406.39 PROCESSORS Hamilton 2.69 2.62 2.69 2.70 11.54 423.84 N/A 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. -0.37 8.48 311.44-0.50 8.33 306.04 Bank of Canada Noon exchange rate was 1.3186 up 0.0008 Chicago wheat closed moderately lower. DEC15 HI 4.89 3/4 JUL16 HI 5.05 3/4 LOW 4.80 3/4 LOW 4.97 1/2 CLOSE 4.81 1/2 Down 6 3/4 CLOSE 4.97 1/2 Down 7 1/4 Minni wheat closed moderately lower. DEC15 HI 5.16 1/2 SEP16 HI 5.55 3/4 LOW 5.09 LOW 5.55 CLOSE 5.10 1/4 Down 6 1/4 CLOSE 5.55 1/4 Down 6 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 1.40 0.77 CAD $/bu 8.46 6.48 6.22 5.87 CAD $/tonne 310.72 238.06 228.38 215.66 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 N/A 0.90 N/A N/A 1.30 0.70 N/A London 3.29 1.29 0.85 N/A 1.68 1.29 0.63 N/A Hensall 3.60 N/A 1.00 N/A 1.85 N/A 0.60 N/A Trenton N/A N/A 0.90 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 1.25 1.00 0.55 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 0.42 N/A N/A N/A N/A North Gower N/A 1.65 1.42 0.79 N/A 1.74 0.10 1.26 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 4.56N/A 1.86N/A 3.56N/A 1.98N/A Toledo El. 4.89US 6.44CA 4.80US 6.32CA GFO Contract Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.58 1.71 0.79 1.24 CAD $/bu 6.56 6.69 5.77 6.79 CAD $/tonne 240.97 245.81 211.91 249.57 (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 495.17 - 499.58 DDG's FOB Srn & Aylm 215.00 - 217.00