FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, August 10

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, August 10 Bank of Canada Noon exchange rate was 1.306 down 0.0057 Chicago soybeans closed slightly lower. NOV16 HI 9.97 3/4 NOV16 HI 9.97 3/4 LOW 9.72 3/4 LOW 9.72 3/4 CLOSE9.82 1/4 Down 5 3/4 CLOSE 9.82 1/4 Down 5 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +NOV1+NOV1+NOV16 CK Low 2.90 12.72 467.472.37 12.19 448.00 CK High 3.00 12.82 471.152.50 12.32 452.77 CK Average 2.93 -0.0612.75 468.452.42 -0.4112.24 449.83 Essex Cty 3.00 12.82 471.152.50 12.32 452.77 Mdsx Low 2.89 12.71 467.102.35 12.17 447.26 Mdsx High 2.90 12.72 467.472.40 12.22 449.10 Mdsx Average 2.90 -0.0812.72 467.292.38 -0.4412.20 448.18 Hensall 2.90 12.72 467.472.40 12.22 449.10 Bruce 2.90 12.72 467.472.40 12.22 449.10 Putnam 3.00 12.82 471.152.45 12.27 450.94 Burford 2.92 12.74 468.212.38 12.20 448.37 Port Perry 2.89 12.71 467.102.35 12.17 447.26 Norfolk 2.90 12.72 467.472.40 12.22 449.10 Palmerston 3.00 12.82 471.152.50 12.32 452.77 Varna 2.90 12.72 467.472.40 12.22 449.10 Trenton N/A 2.60 12.42 456.45 Winchester N/A 2.29 12.11 445.06 North Gower N/A 2.49 12.31 452.41 Huron FOB 3.00 12.82 471.152.50 12.32 452.77 Kent FOB 3.05 12.87 472.982.50 12.32 452.77 Lambton FOB 3.10 12.92 474.822.55 12.37 454.61 Middlesex FOB3.06 N/A N/A 2.65 12.88 473.352.59 12.41 456.08 PROCESSORS Hamilton 3.45 3.45 2.93 2.99 13.27 487.682.93 12.75 468.57 Windsor N/A N/A N/A N/A N/A Winchester N/A N/A TRANSFER Prescott 2.15 11.97 439.913.15 12.97 476.66 Toledo El. 0.07 9.89 363.31-0.42 9.41 345.63 Bank of Canada Noon exchange rate was 1.306 down 0.0057 Chicago wheat closed slightly higher. SEP16 HI 4.27 1/2 JUL17 HI 4.84 1/4 LOW 4.14 1/2 LOW 4.75 3/4 CLOSE 4.21 3/4 Up 4 3/4 CLOSE 4.80 1/2 Up 1 1/2 Minni wheat closed slightly higher. SEP16 HI 5.06 1/2 SEP17 HI 5.52 LOW 4.97 LOW 5.50 1/2 CLOSE 5.01 1/4 Up 3 CLOSE 5.50 1/2 Up 1/2 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 0.70 0.62 CAD $/bu 4.79 4.66 4.92 5.63 CAD $/tonne 175.92 171.13 180.72 206.86 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 0.46 0.27 0.43 N/A 0.51 0.38 0.38 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 0.45 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 0.30 N/A Norwich 0.45 N/A 0.40 N/A 0.60 N/A 0.45 N/A Port Hope N/A 0.60 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 0.40 0.55 N/A 0.40 0.50 0.55 Varna 0.45 0.35 0.40 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 0.14 N/A N/A N/A N/A North Gower N/A 0.45 0.72 0.64 N/A N/A N/A N/A TERMINAL Prescott N/A 0.60 0.80 0.45 N/A 0.60 0.65 0.45 PROCESSORS Toledo FM N/A N/A 1.29 N/A N/A N/A 1.44 N/A Toledo El. 4.15US 5.41CA 4.61US 5.99CA GFO Contract Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.79 0.73 0.47 CAD $/bu 5.60 5.53 5.27 CAD $/tonne 205.64 203.26 193.70 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 521.40 DDG's FOB Srn & Aylm 175.00 - 180.00