FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, June 3

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, June 3 Bank of Canada Noon exchange rate was 1.2948 down 0.0132 Chicago soybeans closed mixed. JUL16 HI 11.69 NOV16 HI 10.94 LOW 11.27 1/4 LOW 10.74 1/2 CLOSE11.32 Down 12 1/4 CLOSE 10.85 1/4 Up 3 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JUL1+AUG1+NOV16 CK Low 2.65 13.97 513.312.35 13.20 485.11 CK High 2.80 14.12 518.822.45 13.30 488.78 CK Average 2.71 -0.4714.03 515.542.40 -0.6013.25 486.95 Essex Cty 2.80 14.12 518.822.45 13.30 488.78 Mdsx Low 2.65 13.97 513.312.33 13.18 484.37 Mdsx High 2.69 14.01 514.782.40 13.25 486.95 Mdsx Average 2.67 -0.5013.99 514.042.37 -0.6313.22 485.66 Hensall 2.65 13.97 513.312.40 13.25 486.95 Bruce 2.65 13.97 513.312.40 13.25 486.95 Putnam 2.65 13.97 513.312.40 13.25 486.95 Burford 2.66 13.98 513.682.30 13.15 483.27 Port Perry 2.69 14.01 514.782.33 13.18 484.37 Norfolk 2.75 14.07 516.982.40 13.25 486.95 Palmerston 2.80 14.12 518.822.45 13.30 488.78 Varna 2.65 13.97 513.312.45 13.30 488.78 Trenton 2.65 13.97 513.312.40 13.25 486.95 Winchester 2.57 13.89 510.372.49 13.34 490.25 North Gower 2.30 13.62 500.452.56 13.41 492.83 Huron FOB 2.80 14.12 518.822.50 13.35 490.62 Kent FOB 2.95 14.27 524.332.65 13.50 496.13 Lambton FOB 2.70 14.02 515.152.65 13.50 496.13 Middlesex FOB2.88 2.94 N/A N/A 14.20 521.762.54 13.39 492.09 PROCESSORS Hamilton 3.15 3.22 3.28 N/A 14.47 531.682.93 13.78 506.42 Windsor N/A N/A N/A N/A N/A Winchester N/A N/A TRANSFER Prescott 2.25 13.57 498.613.00 13.85 508.99 Toledo El. -0.30 11.02 405.01-0.41 10.44 383.56 Bank of Canada Noon exchange rate was 1.2948 down 0.0132 Chicago wheat closed higher. JUL16 HI 4.98 1/4 JUL16 HI 4.98 1/4 LOW 4.82 1/4 LOW 4.82 1/4 CLOSE 4.97 1/4 Up 11 3/4 CLOSE 4.97 1/4 Up 11 3/4 Minni wheat closed moderately higher. JUL16 HI 5.40 SEP16 HI 5.48 LOW 5.32 1/2 LOW 5.40 3/4 CLOSE 5.39 1/2 Up 7 1/4 CLOSE 5.47 3/4 Up 7 GFO Cash Wheat Prices - DEL Terminal Current Crop 15 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 2.93 0.73 0.67 0.75 CAD $/bu 7.90 5.70 5.64 6.15 CAD $/tonne 290.36 209.61 207.23 225.88 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 N/A N/A N/A 0.40 0.40 N/A London 2.77 0.38 0.57 N/A 0.70 0.38 0.38 N/A Hensall 2.70 N/A 0.55 N/A 0.70 N/A 0.45 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 0.34 N/A N/A N/A 0.41 N/A Norwich 2.70 N/A 0.55 N/A 0.70 N/A 0.45 N/A Port Hope N/A 0.35 0.55 N/A N/A 0.60 0.50 0.60 Kent Bridge 2.70 N/A -0.10 N/A 0.70 N/A 0.45 N/A Chatham N/A N/A N/A N/A N/A 0.40 0.40 N/A Brigden N/A N/A N/A N/A N/A N/A 0.40 N/A Palmerston N/A 0.30 0.45 0.55 N/A 0.45 0.45 0.55 Varna 2.65 0.35 0.50 N/A 0.70 0.45 0.45 N/A Mitchell 2.70 0.35 0.55 N/A 0.70 0.45 0.45 N/A Thornton N/A N/A N/A 0.16 N/A N/A N/A N/A North Gower N/A 0.58 0.51 0.62 N/A 0.47 0.62 0.80 TERMINAL Prescott N/A 0.30 N/A 0.45 N/A 0.25 0.60 0.75 PROCESSORS Toledo FM N/A N/A 1.26 N/A 1.91 N/A 1.26 N/A Toledo El. 4.87US 6.30CA 4.87US 6.30CA GFO Contract Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.81 0.68 0.68 0.83 CAD $/bu 5.78 5.65 5.65 6.31 CAD $/tonne 212.46 207.71 207.71 231.70 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 630.86 DDG's FOB Srn & Aylm 210.00