FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, June 29

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, June 29 Bank of Canada Noon exchange rate was 1.2991 down 0.0099 Chicago soybeans closed slightly lower. AUG16 HI 11.51 3/4 NOV16 HI 11.25 1/2 LOW 11.36 1/2 LOW 11.08 CLOSE11.40 1/2 Down 5 3/4 CLOSE 11.12 1/2 Down 7 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +AUG1+AUG1+NOV16 CK Low 2.69 14.10 517.902.55 13.68 502.47 CK High 2.82 14.23 522.682.70 13.83 507.98 CK Average 2.76 -0.4914.16 520.292.59 -0.5613.71 503.88 Essex Cty 2.74 14.15 519.742.55 13.68 502.47 Mdsx Low 2.70 14.11 518.272.55 13.68 502.47 Mdsx High 2.75 14.16 520.112.56 13.69 502.84 Mdsx Average 2.73 -0.5214.13 519.192.56 -0.5813.68 502.65 Hensall 2.75 14.16 520.112.58 13.70 503.39 Bruce 2.79 14.20 521.582.55 13.68 502.47 Putnam 2.59 14.00 514.232.40 13.53 496.96 Burford 2.73 14.14 519.372.59 13.72 503.94 Port Perry 2.70 14.11 518.272.56 13.69 502.84 Norfolk 2.75 14.16 520.112.55 13.68 502.47 Palmerston 2.74 14.15 519.742.55 13.68 502.47 Varna 2.79 14.20 521.582.60 13.73 504.31 Trenton 2.77 14.18 520.842.50 13.63 500.63 Winchester 2.57 13.98 513.492.71 13.84 508.35 North Gower 2.50 13.91 510.922.69 13.82 507.61 Huron FOB 2.85 14.26 523.782.70 13.83 507.98 Kent FOB 2.85 14.26 523.782.65 13.78 506.14 Lambton FOB 2.80 14.21 521.942.75 13.88 509.82 Middlesex FOB N/A 2.91 3.17 3.20 2.74 13.87 509.45 PROCESSORS Hamilton N/A N/A 3.50 N/A 3.08 14.21 521.94 Windsor N/A N/A N/A N/A N/A Winchester N/A N/A TRANSFER Prescott 1.89 13.30 488.513.00 14.13 519.00 Toledo El. -0.14 11.26 413.82-0.42 10.71 393.52 Bank of Canada Noon exchange rate was 1.2991 down 0.0099 Chicago wheat closed moderately lower to lower. SEP16 HI 4.60 1/2 JUL17 HI 5.13 3/4 LOW 4.43 3/4 LOW 5.02 1/4 CLOSE 4.44 1/2 Down 12 3/4 CLOSE 5.02 1/2 Down 8 1/2 Minni wheat closed slightly to moderately lower. SEP16 HI 5.16 SEP17 HI 5.65 LOW 5.05 1/4 LOW 5.60 3/4 CLOSE 5.06 Down 7 1/4 CLOSE 5.60 3/4 Down 4 GFO Cash Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.54 0.48 0.48 0.73 CAD $/bu 4.99 4.92 4.92 5.79 CAD $/tonne 183.34 180.95 180.95 212.66 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 0.00 0.15 N/A N/A N/A 0.30 N/A London 0.51 0.19 0.25 N/A 0.67 0.48 0.41 N/A Hensall 0.40 N/A 0.15 N/A 0.50 N/A 0.39 N/A Trenton N/A N/A 0.25 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 0.21 N/A Norwich 0.40 N/A 0.15 N/A 0.50 N/A 0.30 N/A Port Hope N/A 0.30 0.35 0.40 N/A 0.35 0.40 N/A Kent Bridge 0.40 N/A 0.15 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 0.30 0.35 1.00 N/A 0.50 0.60 N/A Varna 0.30 0.10 0.10 N/A 0.45 0.40 0.25 N/A Mitchell 0.40 0.10 0.15 N/A 0.59 0.35 0.30 N/A Thornton N/A N/A N/A -0.10 N/A N/A N/A N/A North Gower N/A 0.30 0.45 0.68 N/A N/A N/A N/A TERMINAL Prescott N/A 0.60 0.60 1.25 N/A 0.60 0.65 N/A PROCESSORS Toledo FM 1.58 N/A 1.19 N/A N/A N/A 1.50 N/A Toledo El. 4.30US 5.57CA 4.83US 6.26CA GFO Contract Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.98 0.91 0.39 CAD $/bu 6.00 5.94 5.42 CAD $/tonne 220.53 218.14 199.07 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 592.06 DDG's FOB Srn & Aylm 225.00