FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, February 25

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, February 25 Bank of Canada Noon exchange rate was 1.3575 down 0.0191 Chicago soybeans closed slightly lower. MAR16 HI 8.71 NOV16 HI 8.87 LOW 8.58 1/2 LOW 8.76 1/4 CLOSE8.59 Down 8 1/2 CLOSE 8.76 3/4 Down 6 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +MAY1+MAY1+MAY16 CK Low 2.70 11.29 414.842.46 11.23 412.54 CK High 2.90 11.49 422.192.65 11.42 419.52 CK Average 2.77 -0.2011.36 417.292.54 -0.4111.31 415.48 Essex Cty 2.70 11.29 414.842.60 11.37 417.68 Mdsx Low 2.73 11.32 415.942.44 11.21 411.81 Mdsx High 2.75 11.34 416.672.50 11.27 414.01 Mdsx Average 2.74 -0.2211.33 416.312.47 -0.4611.24 412.91 Hensall 2.75 11.34 416.672.55 11.32 415.85 Bruce 2.75 11.34 416.672.50 11.27 414.01 Putnam 2.75 11.34 416.672.50 11.27 414.01 Burford 2.76 11.35 417.042.47 11.24 412.91 Port Perry 2.70 11.29 414.842.44 11.21 411.81 Norfolk 2.75 11.34 416.672.53 11.30 415.11 Palmerston 2.70 11.29 414.842.55 11.32 415.85 Varna 2.75 11.34 416.672.60 11.37 417.68 Trenton 2.82 11.41 419.252.45 11.22 412.17 Winchester 2.49 11.08 407.122.45 11.22 412.17 North Gower 2.68 11.27 414.102.59 11.36 417.32 Huron FOB 2.85 11.44 420.352.65 11.42 419.52 Kent FOB 2.90 11.49 422.192.63 11.40 418.79 Lambton FOB 2.95 11.54 424.022.85 11.62 426.87 Middlesex FOB2.84 2.77 2.89 N/A 11.43 419.982.54 11.31 415.48 PROCESSORS Hamilton 3.19 3.12 3.12 3.18 11.78 432.842.87 11.64 427.60 Windsor N/A N/A N/A N/A N/A Winchester N/A N/A TRANSFER Prescott 2.75 11.34 416.672.90 11.67 428.71 Toledo El. -0.28 8.31 305.19-0.38 8.39 308.24 Bank of Canada Noon exchange rate was 1.3575 down 0.0191 Chicago wheat closed slightly higher. MAR16 HI 4.46 3/4 JUL16 HI 4.64 LOW 4.40 1/2 LOW 4.58 CLOSE 4.45 1/4 Up 2 1/2 CLOSE 4.62 1/4 Up 2 1/2 Minni wheat closed slightly higher. MAR16 HI 4.88 1/2 SEP16 HI 5.10 3/4 LOW 4.82 3/4 LOW 5.07 1/4 CLOSE 4.86 1/4 Up 1 CLOSE 5.10 3/4 Up 1/2 GFO Cash Wheat Prices - DEL Terminal Current Crop 15 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 3.47 1.03 1.03 0.77 CAD $/bu 7.92 5.48 5.48 5.63 CAD $/tonne 290.99 201.49 201.49 206.96 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 0.70 0.70 N/A London 3.24 0.66 0.86 N/A 0.93 0.58 0.58 N/A Hensall 3.40 N/A 1.20 N/A 1.05 N/A 0.65 N/A Trenton N/A N/A N/A N/A N/A N/A 0.50 N/A Winchester N/A N/A N/A N/A N/A N/A N/A N/A Essex N/A N/A 0.85 N/A N/A N/A 0.55 N/A Norwich 3.40 N/A 1.20 N/A 1.05 N/A 0.65 N/A Port Hope N/A 0.90 1.25 1.25 N/A 0.65 0.70 0.75 Kent Bridge 3.40 N/A 0.45 N/A 1.05 N/A 0.65 N/A Chatham N/A 0.80 0.40 N/A N/A 0.65 0.60 N/A Brigden N/A N/A 0.40 N/A N/A N/A 0.60 N/A Palmerston N/A 0.60 1.25 0.95 N/A 0.70 0.75 0.75 Varna 3.35 0.75 1.25 N/A 1.10 0.60 0.65 N/A Mitchell 3.40 0.70 1.20 N/A 1.05 0.65 0.65 N/A Thornton N/A N/A N/A 0.33 N/A N/A N/A N/A North Gower N/A 1.03 1.03 0.75 N/A 0.71 0.71 0.97 TERMINAL Prescott N/A 1.10 N/A 1.10 N/A 1.25 1.15 1.35 PROCESSORS Toledo FM 4.13 N/A 1.83 N/A 2.51 N/A 1.49 N/A Toledo El. 4.42US 5.98CA 4.49US 6.08CA GFO Contract Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.89 0.89 0.75 0.99 CAD $/bu 5.51 5.51 5.37 6.10 CAD $/tonne 202.38 202.38 197.41 224.00 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 270.00 Bayport Oats 265.00 Bayport Barley 270.00 FOB Hm Soymeal 430.68 DDG's FOB Srn & Aylm 220.00 - 230.00