FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, August 16

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, August 16 Bank of Canada Noon exchange rate was 1.2862 down 0.0060 Chicago soybeans closed slightly lower. NOV16 HI 10.15 3/4 NOV16 HI 10.15 3/4 LOW 10.01 LOW 10.01 CLOSE10.07 1/4 Down 2 CLOSE 10.07 1/4 Down 2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +NOV1+NOV1+NOV16 CK Low 2.75 12.82 471.152.30 12.37 454.61 CK High 2.90 12.97 476.662.40 12.47 458.29 CK Average 2.82 -0.0312.90 473.842.36 -0.3812.43 456.69 Essex Cty 2.85 12.92 474.822.35 12.42 456.45 Mdsx Low 2.77 12.84 471.882.30 12.37 454.61 Mdsx High 2.80 12.87 472.982.37 12.44 457.18 Mdsx Average 2.79 -0.0612.86 472.432.34 -0.4012.41 455.90 Hensall 2.80 12.87 472.982.33 12.40 455.53 Bruce 2.90 12.97 476.662.40 12.47 458.29 Putnam 2.90 12.97 476.662.40 12.47 458.29 Burford 2.80 12.87 472.982.40 12.47 458.29 Port Perry 2.77 12.84 471.882.37 12.44 457.18 Norfolk 2.75 12.82 471.152.35 12.42 456.45 Palmerston 2.85 12.92 474.822.35 12.42 456.45 Varna 2.80 12.87 472.982.35 12.42 456.45 Trenton N/A 2.65 12.72 467.47 Winchester N/A 2.55 12.62 463.80 North Gower N/A 2.59 12.66 465.27 Huron FOB 2.90 12.97 476.662.45 12.52 460.12 Kent FOB 2.90 12.97 476.662.45 12.52 460.12 Lambton FOB 3.10 13.17 484.012.55 12.62 463.80 Middlesex FOB2.94 N/A N/A 2.54 13.01 478.132.48 12.55 461.23 PROCESSORS Hamilton 3.31 3.31 2.87 2.93 13.38 491.722.87 12.94 475.56 Windsor N/A N/A N/A N/A N/A Winchester N/A N/A TRANSFER Prescott 2.00 12.07 443.592.85 12.92 474.82 Toledo El. 0.06 10.14 372.46-0.41 9.66 355.02 Bank of Canada Noon exchange rate was 1.2862 down 0.0060 Chicago wheat closed slightly higher. SEP16 HI 4.28 JUL17 HI 4.80 3/4 LOW 4.14 1/2 LOW 4.73 CLOSE 4.23 1/2 Up 1 1/2 CLOSE 4.77 1/2 Up 2 1/4 Minni wheat closed narrowly mixed. SEP16 HI 5.22 1/2 SEP17 HI 5.56 3/4 LOW 5.12 1/4 LOW 5.53 3/4 CLOSE 5.16 1/2 Up 1 1/4 CLOSE 5.53 3/4 Down 2 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.50 0.37 0.69 0.44 CAD $/bu 4.73 4.61 4.93 5.61 CAD $/tonne 173.94 169.22 181.02 206.03 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 0.35 N/A N/A N/A 0.40 N/A London 0.40 0.21 0.37 N/A 0.43 0.30 0.37 N/A Hensall 0.35 N/A 0.30 N/A 0.55 N/A 0.40 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 0.35 N/A N/A N/A 0.30 N/A Norwich 0.35 N/A 0.30 N/A 0.55 N/A 0.40 N/A Port Hope N/A 0.50 0.40 0.50 N/A 0.40 0.45 N/A Kent Bridge 0.35 N/A 0.30 N/A 0.55 N/A 0.40 N/A Chatham N/A 0.30 0.35 N/A N/A N/A 0.40 N/A Brigden N/A N/A 0.35 N/A N/A N/A 0.40 N/A Palmerston N/A 0.35 0.35 0.45 N/A 0.40 0.45 0.55 Varna 0.40 0.30 0.35 N/A 0.50 0.40 0.40 N/A Mitchell 0.35 0.30 0.30 N/A 0.55 0.35 0.40 N/A Thornton N/A N/A N/A 0.19 N/A N/A N/A N/A North Gower N/A 0.39 0.65 0.47 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 1.21 N/A N/A N/A 1.35 N/A Toledo El. 4.17US 5.35CA 4.58US 5.87CA GFO Contract Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.71 0.64 0.39 CAD $/bu 5.48 5.42 5.16 CAD $/tonne 201.42 199.07 189.64 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 522.17 DDG's FOB Srn & Aylm 175.00 - 180.00