FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, August 17

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, August 17 Bank of Canada Noon exchange rate was 1.2885 up 0.0023 Chicago soybeans closed slightly higher. NOV16 HI 10.17 1/4 NOV16 HI 10.17 1/4 LOW 10.02 3/4 LOW 10.02 3/4 CLOSE10.16 Up 8 3/4 CLOSE 10.16 Up 8 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 2.80 12.96 476.202.35 12.51 459.66 CK High 2.90 13.06 479.872.50 12.66 465.18 CK Average 2.84 -0.0513.00 477.672.42 -0.3512.58 462.36 Essex Cty 2.85 13.01 478.042.35 12.51 459.66 Mdsx Low 2.80 12.96 476.202.40 12.56 461.50 Mdsx High 2.82 12.98 476.932.42 12.58 462.24 Mdsx Average 2.81 -0.0712.97 476.572.41 -0.3612.57 461.87 Hensall 2.80 12.96 476.202.38 12.54 460.58 Bruce 2.80 12.96 476.202.30 12.46 457.83 Putnam 2.90 13.06 479.872.40 12.56 461.50 Burford 2.85 13.01 478.042.45 12.61 463.34 Port Perry 2.82 12.98 476.932.42 12.58 462.24 Norfolk 2.80 12.96 476.202.40 12.56 461.50 Palmerston 2.85 13.01 478.042.35 12.51 459.66 Varna 2.80 12.96 476.202.35 12.51 459.66 Trenton N/A 2.60 12.76 468.85 Winchester N/A 2.60 12.76 468.85 North Gower N/A 2.43 12.59 462.60 Huron FOB 2.90 13.06 479.872.45 12.61 463.34 Kent FOB 2.90 13.06 479.872.50 12.66 465.18 Lambton FOB 3.10 13.26 487.222.55 12.71 467.01 Middlesex FOB2.99 N/A N/A 2.65 13.15 483.182.59 12.75 468.48 PROCESSORS Hamilton 3.45 3.45 2.92 3.00 13.61 500.082.92 13.08 480.61 Windsor N/A N/A N/A N/A N/A Winchester N/A N/A TRANSFER Prescott 2.00 12.16 446.802.85 13.01 478.04 Toledo El. 0.06 10.22 375.68-0.41 9.75 358.23 Bank of Canada Noon exchange rate was 1.2885 up 0.0023 Chicago wheat closed slightly higher. SEP16 HI 4.28 1/2 JUL17 HI 4.81 3/4 LOW 4.19 1/2 LOW 4.75 1/4 CLOSE 4.26 Up 2 1/2 CLOSE 4.81 3/4 Up 4 1/4 Minni wheat closed slightly to moderately higher. SEP16 HI 5.25 3/4 SEP17 HI 5.58 3/4 LOW 5.16 LOW 5.56 1/4 CLOSE 5.24 1/4 Up 7 3/4 CLOSE 5.58 3/4 Up 5 GFO Cash Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.51 0.38 0.70 0.47 CAD $/bu 4.77 4.64 4.96 5.71 CAD $/tonne 175.21 170.48 182.29 209.80 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 0.44 0.27 0.40 N/A 0.47 0.34 0.40 N/A Hensall 0.35 N/A 0.30 N/A 0.55 N/A 0.40 N/A Trenton N/A N/A 0.50 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 0.30 0.35 0.35 N/A 0.40 0.45 0.50 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 0.17 N/A N/A N/A N/A North Gower N/A 0.37 0.69 0.44 N/A N/A N/A N/A TERMINAL Prescott N/A 0.60 0.80 0.40 N/A 0.60 0.65 0.45 PROCESSORS Toledo FM N/A N/A 1.22 N/A N/A N/A 1.36 N/A Toledo El. 4.19US 5.39CA 4.62US 5.92CA GFO Contract Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.72 0.66 0.40 CAD $/bu 5.54 5.47 5.22 CAD $/tonne 203.48 201.12 191.70 (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 170.00 - 180.00