FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, September 2

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, September 2 Bank of Canada Noon exchange rate was 1.2999 down 0.0108 Chicago soybeans closed slightly higher. NOV16 HI 9.55 1/2 NOV16 HI 9.55 1/2 LOW 9.44 1/2 LOW 9.44 1/2 CLOSE9.52 1/2 Up 8 3/4 CLOSE 9.52 1/2 Up 8 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 2.50 12.03 441.842.40 11.93 438.17 CK High 2.95 12.48 458.382.55 12.08 443.68 CK Average 2.73 -0.0912.26 450.292.51 -0.3212.03 442.15 Essex Cty 2.95 12.48 458.382.55 12.08 443.68 Mdsx Low 2.70 12.23 449.192.38 11.91 437.43 Mdsx High 2.70 12.23 449.192.50 12.03 441.84 Mdsx Average 2.70 -0.1212.23 449.192.44 -0.3711.97 439.64 Hensall 2.73 12.25 450.112.53 12.05 442.76 Bruce 2.70 12.23 449.192.50 12.03 441.84 Putnam N/A 2.55 12.08 443.68 Burford N/A 2.35 11.88 436.33 Port Perry N/A 2.38 11.91 437.43 Norfolk 2.55 12.08 443.682.55 12.08 443.68 Palmerston 2.95 12.48 458.382.55 12.08 443.68 Varna 2.95 12.48 458.382.55 12.08 443.68 Trenton N/A 2.65 12.18 447.35 Winchester N/A 2.45 11.98 440.01 North Gower N/A 2.41 11.94 438.54 Huron FOB 2.85 12.38 454.702.65 12.18 447.35 Kent FOB N/A 2.60 12.13 445.52 Lambton FOB N/A 2.55 12.08 443.68 Middlesex FOB2.77 2.57 2.68 N/A 12.30 451.762.57 12.10 444.42 PROCESSORS Hamilton 3.07 2.87 3.00 N/A 12.60 462.792.87 12.40 455.44 Windsor N/A N/A N/A N/A N/A Winchester N/A N/A TRANSFER Prescott 2.87 12.40 455.443.00 12.53 460.21 Toledo El. N/A -0.42 9.11 334.61 Bank of Canada Noon exchange rate was 1.2999 down 0.0108 Chicago wheat closed slightly higher. DEC16 HI 4.01 1/2 JUL17 HI 4.47 1/4 LOW 3.93 LOW 4.40 3/4 CLOSE 3.99 1/4 Up 4 1/2 CLOSE 4.46 1/4 Up 5 Minni wheat closed slightly higher. DEC16 HI 4.92 3/4 SEP17 HI 5.30 1/4 LOW 4.84 LOW 5.29 CLOSE 4.91 1/2 Up 5 1/2 CLOSE 5.30 1/4 Up 5 1/2 GFO Cash Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.48 0.42 0.54 0.17 CAD $/bu 4.47 4.41 4.54 5.09 CAD $/tonne 164.34 161.95 166.72 186.89 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 0.15 0.10 N/A N/A N/A 0.40 N/A London 0.09 0.09 0.09 N/A 0.42 0.29 0.36 N/A Hensall 0.10 N/A 0.10 N/A 0.50 N/A 0.40 N/A Trenton N/A N/A 0.20 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 0.41 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 0.10 0.15 N/A N/A N/A 0.45 N/A Brigden N/A N/A 0.15 N/A N/A N/A 0.45 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 0.21 N/A N/A N/A N/A North Gower N/A 0.34 0.47 0.10 N/A N/A N/A N/A TERMINAL Prescott N/A 0.40 0.60 0.40 N/A 0.60 0.60 0.45 PROCESSORS Toledo FM N/A N/A 1.19 N/A N/A N/A 1.37 N/A Toledo El. 3.67US 4.77CA 4.26US 5.57CA GFO Contract Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.72 0.65 0.39 CAD $/bu 5.18 5.12 4.85 CAD $/tonne 190.37 187.97 178.36 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 485.58 DDG's FOB Srn & Aylm 170.00 - 175.00