FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, June 28

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, June 28 Bank of Canada Noon exchange rate was 1.309 up 0.0012 Chicago soybeans closed moderately higher. AUG16 HI 11.62 NOV16 HI 11.36 3/4 LOW 11.24 1/2 LOW 11.00 CLOSE11.46 1/4 Up 16 1/2 CLOSE 11.20 1/4 Up 15 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +AUG1+AUG1+NOV16 CK Low 2.74 14.20 521.852.60 13.80 507.16 CK High 2.85 14.31 525.892.70 13.90 510.83 CK Average 2.81 -0.5314.27 524.362.65 -0.5913.85 508.87 Essex Cty 2.79 14.25 523.692.60 13.80 507.16 Mdsx Low 2.80 14.26 524.062.65 13.85 508.99 Mdsx High 2.80 14.26 524.062.66 13.86 509.36 Mdsx Average 2.80 -0.5414.26 524.062.66 -0.5813.86 509.18 Hensall 2.80 14.26 524.062.65 13.85 508.99 Bruce 2.80 14.26 524.062.65 13.85 508.99 Putnam 2.59 14.05 516.342.40 13.60 499.81 Burford 2.83 14.29 525.162.69 13.89 510.46 Port Perry 2.80 14.26 524.062.66 13.86 509.36 Norfolk 2.80 14.26 524.062.65 13.85 508.99 Palmerston 2.79 14.25 523.692.60 13.80 507.16 Varna 2.74 14.20 521.852.55 13.75 505.32 Trenton 2.79 14.25 523.692.55 13.75 505.32 Winchester 2.65 14.11 518.552.71 13.91 511.20 North Gower 2.45 13.91 511.202.60 13.80 507.16 Huron FOB 2.90 14.36 527.732.75 13.95 512.67 Kent FOB 2.90 14.36 527.732.75 13.95 512.67 Lambton FOB 2.95 14.41 529.572.90 14.10 518.18 Middlesex FOB2.81 3.00 N/A N/A 14.27 524.422.84 14.04 515.97 PROCESSORS Hamilton N/A 3.37 3.57 N/A 3.16 14.36 527.73 Windsor N/A N/A N/A N/A N/A Winchester N/A N/A TRANSFER Prescott 1.90 13.36 490.993.05 14.25 523.69 Toledo El. -0.14 11.32 415.90-0.42 10.79 396.28 Bank of Canada Noon exchange rate was 1.309 up 0.0012 Chicago wheat closed slightly lower. SEP16 HI 4.67 1/2 JUL17 HI 5.20 LOW 4.56 1/4 LOW 5.10 1/2 CLOSE 4.57 1/4 Down 1 CLOSE 5.11 Down 1 3/4 Minni wheat closed slightly lower to steady. SEP16 HI 5.23 1/4 SEP17 HI 5.65 LOW 5.12 LOW 5.64 3/4 CLOSE 5.13 1/4 Down 1 1/2 CLOSE 5.64 3/4 Unchanged GFO Cash Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.61 0.55 0.55 0.78 CAD $/bu 5.19 5.12 5.12 5.92 CAD $/tonne 190.53 188.13 188.13 217.39 Direct MarkHarvest 2016 Harvest 2017 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 0.02 0.17 N/A N/A N/A 0.30 N/A London 0.56 0.23 0.30 N/A 0.72 0.52 0.46 N/A Hensall 0.42 N/A 0.17 N/A 0.50 N/A 0.30 N/A Trenton N/A N/A 0.30 N/A N/A N/A N/A N/A Winchester N/A N/A N/A N/A N/A N/A N/A N/A Essex N/A N/A 0.20 N/A N/A N/A 0.20 N/A Norwich 0.42 N/A 0.17 N/A 0.50 N/A 0.30 N/A Port Hope N/A 0.30 0.17 0.40 N/A 0.35 0.40 N/A Kent Bridge 0.42 N/A 0.17 N/A 0.50 N/A 0.30 N/A Chatham N/A 0.15 0.25 N/A N/A N/A 0.35 N/A Brigden N/A N/A 0.25 N/A N/A N/A 0.35 N/A Palmerston N/A 0.45 0.50 1.00 N/A 0.50 0.60 N/A Varna 0.42 0.22 0.22 N/A 0.45 0.40 0.35 N/A Mitchell 0.42 0.12 0.17 N/A 0.58 0.35 0.30 N/A Thornton N/A N/A N/A 0.00 N/A N/A N/A N/A North Gower N/A 0.37 0.37 0.61 N/A N/A N/A N/A TERMINAL Prescott N/A 0.75 0.75 1.25 N/A 0.60 0.65 N/A PROCESSORS Toledo FM 1.66 N/A 1.27 N/A N/A N/A 1.56 N/A Toledo El. 4.44US 5.80CA 4.91US 6.41CA GFO Contract Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.03 0.97 0.45 CAD $/bu 6.14 6.08 5.56 CAD $/tonne 225.78 223.39 204.21 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 586.88 DDG's FOB Srn & Aylm 225.00