FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, July 28

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, July 28 Bank of Canada Noon exchange rate was 1.317 down 0.0050 Chicago soybeans closed slightly lower. NOV16 HI 9.97 NOV16 HI 9.97 LOW 9.73 LOW 9.73 CLOSE9.78 Down 8 CLOSE 9.78 Down 8 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +NOV1+NOV1+NOV16 CK Low 3.00 12.78 469.582.39 12.17 447.17 CK High 3.10 12.88 473.262.50 12.28 451.21 CK Average 3.03 -0.0412.81 470.762.44 -0.4812.22 449.01 Essex Cty 3.00 12.78 469.582.50 12.28 451.21 Mdsx Low 2.99 12.77 469.222.37 12.15 446.44 Mdsx High 3.05 12.83 471.422.40 12.18 447.54 Mdsx Average 3.02 -0.0512.80 470.322.39 -0.5312.17 446.99 Hensall 2.98 12.76 468.672.38 12.16 446.62 Bruce 2.90 12.68 465.912.30 12.08 443.86 Putnam N/A 2.40 12.18 447.54 Burford 3.02 12.80 470.322.40 12.18 447.54 Port Perry 2.99 12.77 469.222.37 12.15 446.44 Norfolk 3.00 12.78 469.582.40 12.18 447.54 Palmerston 3.00 12.78 469.582.50 12.28 451.21 Varna 2.90 12.68 465.912.35 12.13 445.70 Trenton 2.85 12.63 464.072.60 12.38 454.89 Winchester N/A 2.50 12.28 451.21 North Gower 2.75 12.53 460.402.61 12.39 455.25 Huron FOB 3.05 12.83 471.422.45 12.23 449.38 Kent FOB 3.15 12.93 475.102.50 12.28 451.21 Lambton FOB 2.90 12.68 465.912.70 12.48 458.56 Middlesex FOB3.16 3.16 3.26 N/A 12.94 475.462.70 12.48 458.56 PROCESSORS Hamilton N/A 3.50 3.57 2.98 2.98 12.76 468.85 Windsor N/A N/A N/A N/A N/A Winchester N/A N/A TRANSFER Prescott 2.10 11.88 436.523.00 12.78 469.58 Toledo El. -0.14 9.64 354.03-0.42 9.36 343.90 Bank of Canada Noon exchange rate was 1.317 down 0.0050 Chicago wheat closed slightly lower. SEP16 HI 4.20 JUL17 HI 4.91 3/4 LOW 4.08 1/4 LOW 4.80 3/4 CLOSE 4.10 1/4 Down 4 1/2 CLOSE 4.82 1/4 Down 5 1/2 Minni wheat closed slightly lower. SEP16 HI 4.92 SEP17 HI 5.47 3/4 LOW 4.85 LOW 5.45 1/4 CLOSE 4.86 3/4 Down 1 1/2 CLOSE 5.46 3/4 Down 1 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.57 0.44 0.57 0.62 CAD $/bu 4.68 4.54 4.68 5.48 CAD $/tonne 171.79 166.95 171.79 201.53 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 0.35 0.40 N/A N/A N/A 0.45 N/A London 0.52 0.35 0.42 N/A 0.63 0.50 0.50 N/A Hensall 0.45 N/A 0.40 N/A 0.60 N/A 0.45 N/A Trenton N/A N/A 0.55 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 0.40 N/A N/A N/A 0.38 N/A Norwich 0.45 N/A 0.40 N/A 0.60 N/A 0.45 N/A Port Hope N/A 0.55 0.50 0.60 N/A 0.35 0.45 N/A Kent Bridge 0.45 N/A 0.40 N/A 0.60 N/A 0.45 N/A Chatham N/A 0.30 0.40 N/A N/A N/A 0.45 N/A Brigden N/A N/A 0.40 N/A N/A N/A 0.45 N/A Palmerston N/A 0.40 0.45 0.60 N/A 0.40 0.45 0.55 Varna 0.55 0.40 0.45 N/A 0.55 0.45 0.45 N/A Mitchell 0.45 0.30 0.40 N/A 0.60 0.35 0.45 N/A Thornton N/A N/A N/A 0.23 N/A N/A N/A N/A North Gower N/A 0.47 0.60 0.64 N/A N/A N/A N/A TERMINAL Prescott N/A 0.75 0.75 0.45 N/A 0.60 0.65 0.45 PROCESSORS Toledo FM 1.56 N/A 1.30 N/A N/A N/A 1.52 N/A Toledo El. 4.03US 5.31CA 4.62US 6.08CA GFO Contract Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.86 0.79 0.53 CAD $/bu 5.68 5.62 5.35 CAD $/tonne 208.80 206.39 196.72 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 541.02 DDG's FOB Srn & Aylm 215.00 - 230.00