FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, August 31

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, August 31 Bank of Canada Noon exchange rate was 1.3124 up 0.0048 Chicago soybeans closed slightly lower. NOV16 HI 9.56 1/4 NOV16 HI 9.56 1/4 LOW 9.38 LOW 9.38 CLOSE9.43 Down 7 3/4 CLOSE 9.43 Down 7 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +NOV1+NOV1+JAN17 CK Low 2.87 12.30 451.952.50 11.93 438.35 CK High 3.05 12.48 458.562.55 11.98 440.19 CK Average 2.96 0.02 12.39 455.322.52 -0.3011.95 439.21 Essex Cty 2.95 12.38 454.892.55 11.98 440.19 Mdsx Low 2.85 12.28 451.212.50 11.93 438.35 Mdsx High 3.00 12.43 456.722.52 11.95 439.09 Mdsx Average 2.93 -0.0112.36 453.972.51 -0.3111.94 438.72 Hensall 2.98 12.41 455.812.53 11.96 439.27 Bruce 3.00 12.43 456.722.50 11.93 438.35 Putnam 3.00 12.43 456.722.55 11.98 440.19 Burford 2.88 12.31 452.322.55 11.98 440.19 Port Perry 2.85 12.28 451.212.52 11.95 439.09 Norfolk 2.95 12.38 454.892.55 11.98 440.19 Palmerston 2.95 12.38 454.892.55 11.98 440.19 Varna 2.95 12.38 454.892.55 11.98 440.19 Trenton N/A 2.65 12.08 443.86 Winchester N/A 2.41 11.84 435.05 North Gower N/A 2.49 11.92 437.99 Huron FOB 3.05 12.48 458.562.65 12.08 443.86 Kent FOB 3.10 12.53 460.402.60 12.03 442.03 Lambton FOB 3.20 12.63 464.072.55 11.98 440.19 Middlesex FOB2.89 N/A 2.75 N/A 12.32 452.682.69 12.12 445.33 PROCESSORS Hamilton 3.30 2.90 3.05 N/A 12.73 467.752.96 12.39 455.25 Windsor N/A N/A N/A N/A N/A Winchester N/A N/A TRANSFER Prescott 2.87 12.30 451.953.00 12.43 456.72 Toledo El. N/A -0.42 9.01 331.10 Bank of Canada Noon exchange rate was 1.3124 up 0.0048 Chicago wheat closed slightly lower. DEC16 HI 3.95 3/4 JUL17 HI 4.42 LOW 3.86 3/4 LOW 4.33 CLOSE 3.88 1/4 Down 4 CLOSE 4.34 1/4 Down 4 Minni wheat closed slightly to moderately lower. DEC16 HI 4.90 SEP17 HI 5.30 1/2 LOW 4.80 1/4 LOW 5.20 CLOSE 4.81 1/2 Down 4 1/4 CLOSE 5.20 1/4 Down 7 GFO Cash Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.49 0.42 0.55 0.19 CAD $/bu 4.37 4.31 4.44 5.00 CAD $/tonne 160.60 158.19 163.01 183.85 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 0.10 0.10 N/A N/A N/A 0.40 N/A London 0.11 0.04 0.11 N/A 0.40 0.34 0.40 N/A Hensall 0.10 N/A 0.10 N/A 0.50 N/A 0.40 N/A Trenton N/A N/A 0.30 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 0.15 N/A N/A N/A 0.42 N/A Norwich 0.10 N/A 0.10 N/A 0.50 N/A 0.40 N/A Port Hope N/A 0.10 0.20 N/A N/A 0.35 0.40 N/A Kent Bridge 0.10 N/A 0.10 N/A 0.50 N/A 0.40 N/A Chatham N/A 0.05 0.10 N/A N/A N/A 0.40 N/A Brigden N/A N/A 0.10 N/A N/A N/A 0.40 N/A Palmerston N/A 0.30 0.15 0.30 N/A 0.40 0.45 0.50 Varna 0.20 0.10 0.15 N/A 0.50 0.40 0.40 N/A Mitchell 0.10 0.10 0.10 N/A 0.50 0.35 0.40 N/A Thornton N/A N/A N/A 0.13 N/A N/A N/A N/A North Gower N/A 0.32 0.46 0.09 N/A N/A N/A N/A TERMINAL Prescott N/A 0.40 0.60 0.39 N/A 0.60 0.60 0.45 PROCESSORS Toledo FM N/A N/A 1.21 N/A N/A N/A 1.34 N/A Toledo El. 3.56US 4.67CA 4.14US 5.42CA GFO Contract Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.69 0.62 0.36 CAD $/bu 5.03 4.97 4.70 CAD $/tonne 184.87 182.47 172.85 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 484.36 DDG's FOB Srn & Aylm 170.00 - 175.00