FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, August 19

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, August 19 Bank of Canada Noon exchange rate was 1.2878 up 0.0103 Chicago soybeans closed slightly lower. NOV16 HI 10.17 NOV16 HI 10.17 LOW 9.98 LOW 9.98 CLOSE10.04 1/2 Down 10 CLOSE 10.04 1/2 Down 10 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 12.85 471.972.35 12.40 455.44 CK High 2.95 13.00 477.482.45 12.50 459.11 CK Average 2.87 0.00 12.92 474.672.42 -0.3412.46 457.89 Essex Cty 2.85 12.90 473.812.35 12.40 455.44 Mdsx Low 2.87 12.92 474.552.40 12.45 457.28 Mdsx High 2.90 12.95 475.652.43 12.48 458.38 Mdsx Average 2.89 0.01 12.93 475.102.42 -0.3412.46 457.83 Hensall 2.88 12.92 474.732.43 12.47 458.19 Bruce 2.90 12.95 475.652.40 12.45 457.28 Putnam 2.80 12.85 471.972.30 12.35 453.60 Burford 2.90 12.95 475.652.46 12.51 459.48 Port Perry 2.87 12.92 474.552.43 12.48 458.38 Norfolk 2.85 12.90 473.812.45 12.50 459.11 Palmerston 2.85 12.90 473.812.35 12.40 455.44 Varna 2.85 12.90 473.812.40 12.45 457.28 Trenton N/A 2.55 12.60 462.79 Winchester N/A 2.75 12.80 470.14 North Gower N/A 2.62 12.67 465.36 Huron FOB 2.95 13.00 477.482.55 12.60 462.79 Kent FOB 3.00 13.05 479.322.50 12.55 460.95 Lambton FOB 3.10 13.15 483.002.55 12.60 462.79 Middlesex FOB3.09 N/A N/A 2.65 13.14 482.632.61 12.66 464.99 PROCESSORS Hamilton 3.35 3.35 2.82 2.90 13.40 492.182.82 12.87 472.71 Windsor N/A N/A N/A N/A N/A Winchester N/A N/A TRANSFER Prescott 2.00 12.05 442.582.85 12.90 473.81 Toledo El. 0.06 10.11 371.45-0.41 9.63 353.99 Bank of Canada Noon exchange rate was 1.2878 up 0.0103 Chicago wheat closed steady to slightly higher. SEP16 HI 4.32 1/2 JUL17 HI 4.88 1/4 LOW 4.22 1/2 LOW 4.79 3/4 CLOSE 4.27 Unchanged CLOSE 4.85 1/2 Up 2 1/2 Minni wheat closed slightly higher. DEC16 HI 5.28 3/4 SEP17 HI 5.62 1/4 LOW 5.23 3/4 LOW 5.59 1/4 CLOSE 5.27 1/4 Up 1 1/4 CLOSE 5.60 Up 1 1/2 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 0.71 0.16 CAD $/bu 4.78 4.65 4.98 5.43 CAD $/tonne 175.75 171.02 182.83 199.49 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 0.30 N/A N/A N/A 0.40 N/A London 0.45 0.28 0.41 N/A 0.48 0.35 0.42 N/A Hensall 0.35 N/A 0.35 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 0.35 N/A 0.55 N/A 0.40 N/A Port Hope N/A 0.50 0.40 0.54 N/A 0.35 0.45 N/A Kent Bridge 0.35 N/A 0.35 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 0.39 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 0.35 N/A 0.55 0.35 0.40 N/A Thornton N/A N/A N/A 0.16 N/A N/A N/A N/A North Gower N/A 0.35 0.67 0.48 N/A N/A N/A N/A TERMINAL Prescott N/A 0.60 0.80 0.44 N/A 0.60 0.65 0.45 PROCESSORS Toledo FM N/A N/A 1.22 N/A N/A N/A 1.38 N/A Toledo El. 4.20US 5.40CA 4.66US 5.98CA GFO Contract Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.74 0.67 0.42 CAD $/bu 5.59 5.53 5.27 CAD $/tonne 205.44 203.08 193.65 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 515.89 DDG's FOB Srn & Aylm 170.00 - 175.00