FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, September 7

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, September 7 Bank of Canada Noon exchange rate was 1.2895 up 0.0052 Chicago soybeans closed slightly to moderately higher. NOV16 HI 9.78 1/4 NOV16 HI 9.78 1/4 LOW 9.58 1/4 LOW 9.58 1/4 CLOSE9.75 1/2 Up 15 3/4 CLOSE 9.75 1/2 Up 15 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 2.35 12.11 444.782.33 12.09 444.05 CK High 2.75 12.51 459.482.55 12.31 452.13 CK Average 2.49 -0.2612.25 449.992.40 -0.3212.15 446.50 Essex Cty 2.45 12.21 448.462.40 12.16 446.62 Mdsx Low 2.50 12.26 450.292.31 12.07 443.31 Mdsx High 2.50 12.26 450.292.35 12.11 444.78 Mdsx Average 2.50 -0.2512.26 450.292.33 -0.3712.09 444.05 Hensall 2.53 12.28 451.212.38 12.13 445.70 Bruce 2.50 12.26 450.292.35 12.11 444.78 Putnam 2.50 12.26 450.292.35 12.11 444.78 Burford N/A 2.34 12.10 444.42 Port Perry N/A 2.31 12.07 443.31 Norfolk 2.40 12.16 446.622.40 12.16 446.62 Palmerston 2.45 12.21 448.462.40 12.16 446.62 Varna 2.65 12.41 455.812.50 12.26 450.29 Trenton N/A 2.55 12.31 452.13 Winchester N/A 2.41 12.17 446.99 North Gower N/A 2.39 12.15 446.25 Huron FOB 2.65 12.41 455.812.50 12.26 450.29 Kent FOB N/A 2.45 12.21 448.46 Lambton FOB N/A 2.50 12.26 450.29 Middlesex FOB2.56 2.55 N/A N/A 12.32 452.502.44 12.20 448.09 PROCESSORS Hamilton 2.96 2.76 2.89 N/A 12.72 467.202.76 12.52 459.85 Windsor N/A N/A N/A N/A N/A Winchester N/A N/A TRANSFER Prescott 2.89 12.65 464.623.02 12.78 469.40 Toledo El. 0.00 9.76 358.43-0.41 9.34 343.30 Bank of Canada Noon exchange rate was 1.2895 up 0.0052 Chicago wheat closed slightly higher. DEC16 HI 4.05 JUL17 HI 4.48 1/4 LOW 3.96 LOW 4.43 CLOSE 4.02 3/4 Up 4 1/4 CLOSE 4.46 1/2 Up 3 Minni wheat closed slightly higher. DEC16 HI 4.91 1/2 SEP17 HI 5.29 3/4 LOW 4.85 1/4 LOW 5.28 CLOSE 4.88 Up 2 CLOSE 5.28 1/4 Up 2 GFO Cash Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.46 0.39 0.52 0.12 CAD $/bu 4.48 4.42 4.55 5.00 CAD $/tonne 164.79 162.42 167.16 183.86 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 N/A 0.10 N/A N/A N/A 0.40 N/A London 0.04 0.04 0.04 N/A 0.35 0.22 0.29 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 0.40 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 0.15 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 0.10 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 0.13 0.15 0.30 N/A 0.40 0.45 0.50 Varna 0.15 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 0.22 N/A N/A N/A N/A North Gower N/A 0.26 0.39 -0.01 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 1.17 N/A N/A N/A 1.28 N/A Toledo El. 3.71US 4.78CA 4.27US 5.49CA GFO Contract Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.64 0.58 0.32 CAD $/bu 5.11 5.04 4.78 CAD $/tonne 187.59 185.22 175.76 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 491.31 DDG's FOB Srn & Aylm 175.00 - 180.00