FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, December 8

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, December 8 Bank of Canada Noon exchange rate was 1.3593 up 0.0085 Chicago soybeans closed slightly lower. JAN16 HI 8.87 NOV16 HI 9.06 1/4 LOW 8.72 3/4 LOW 8.92 1/4 CLOSE8.76 3/4 Down 5 1/2 CLOSE 8.95 1/4 Down 6 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +JAN1+MAR1+MAY16 CK Low 2.60 11.37 417.682.25 11.20 411.62 CK High 2.65 11.42 419.522.30 11.25 413.46 CK Average 2.61 -0.5311.38 418.112.26 -0.9511.21 411.93 Essex Cty 2.60 11.37 417.682.25 11.20 411.62 Mdsx Low 2.60 11.37 417.682.23 11.18 410.89 Mdsx High 2.60 11.37 417.682.25 11.20 411.62 Mdsx Average 2.60 -0.5511.37 417.682.24 -0.9611.19 411.25 Hensall 2.65 11.42 419.522.30 11.25 413.46 Bruce 2.60 11.37 417.682.25 11.20 411.62 Putnam 2.50 11.27 414.012.10 11.05 406.11 Burford 2.63 11.40 418.792.26 11.21 411.99 Port Perry 2.57 11.34 416.582.20 11.15 409.78 Norfolk 2.60 11.37 417.682.25 11.20 411.62 Palmerston 2.55 11.32 415.852.20 11.15 409.78 Varna 2.60 11.37 417.682.25 11.20 411.62 Trenton 2.55 11.32 415.852.20 11.15 409.78 Winchester 2.61 11.38 418.052.42 11.37 417.87 North Gower 2.36 11.13 408.872.28 11.23 412.72 Huron FOB 2.85 11.62 426.872.45 11.40 418.97 Kent FOB 2.60 11.37 417.682.25 11.20 411.62 Lambton FOB 2.60 11.37 417.682.25 11.20 411.62 Middlesex FOB2.83 2.87 2.87 N/A 11.60 426.142.43 11.38 418.24 PROCESSORS Hamilton 3.16 3.23 3.24 N/A 11.93 438.262.87 11.82 434.40 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. -0.24 8.52 313.16-0.38 8.57 314.98 Bank of Canada Noon exchange rate was 1.3593 up 0.0085 Chicago wheat closed slightly lower. MAR16 HI 4.84 JUL16 HI 4.96 1/2 LOW 4.76 1/2 LOW 4.88 CLOSE 4.81 1/2 Down 1 1/4 CLOSE 4.92 3/4 Down 2 1/4 Minni wheat closed slightly to moderately lower. MAR16 HI 5.09 1/4 SEP16 HI 5.36 1/2 LOW 5.05 LOW 5.34 CLOSE 5.05 1/4 Down 4 1/4 CLOSE 5.34 Down 3 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 15 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 3.63 1.18 1.18 0.86 CAD $/bu 8.45 6.00 6.00 5.91 CAD $/tonne 310.32 220.44 220.44 217.32 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 0.80 N/A N/A 0.95 0.50 N/A London 3.56 0.78 0.92 N/A 1.48 0.94 0.46 N/A Hensall 3.50 N/A 1.10 N/A 1.20 N/A 0.45 N/A Trenton N/A N/A N/A N/A N/A N/A 0.40 N/A Winchester N/A N/A N/A N/A N/A N/A N/A N/A Essex N/A N/A 1.05 N/A N/A N/A 0.65 N/A Norwich 3.50 N/A 1.10 N/A 1.30 N/A 0.45 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge 3.50 N/A 0.40 N/A 1.30 N/A 0.45 N/A Chatham N/A 0.90 0.40 N/A N/A 0.95 0.45 N/A Brigden N/A N/A 0.40 N/A N/A N/A 0.45 N/A Palmerston N/A 0.90 1.00 0.45 N/A 0.90 0.40 0.30 Varna 3.50 1.00 1.10 N/A 1.15 0.85 0.40 N/A Mitchell 3.50 0.90 1.10 N/A 1.20 0.80 0.45 N/A Thornton N/A N/A N/A 0.56 N/A N/A N/A N/A North Gower N/A 1.06 1.06 0.74 N/A 1.08 0.69 0.98 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 4.45N/A 2.07N/A 2.78N/A 1.76N/A Toledo El. 4.99US 6.77CA 4.90US 6.65CA GFO Contract Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.63 1.36 0.81 1.10 CAD $/bu 6.56 6.28 5.74 6.44 CAD $/tonne 240.87 230.90 210.94 236.51 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat - Bayport Oats - Bayport Barley - FOB Hm Soymeal 466.73 DDG's FOB Srn & Aylm 210.00 - 215.00