FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, September 8

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, September 8 Bank of Canada Noon exchange rate was 1.2909 up 0.0014 Chicago soybeans closed slightly higher. NOV16 HI 9.83 3/4 NOV16 HI 9.83 3/4 LOW 9.70 1/4 LOW 9.70 1/4 CLOSE9.76 3/4 Up 1 1/4 CLOSE 9.76 3/4 Up 1 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +NOV1+NOV1+JAN17 CK Low 2.40 12.17 447.082.35 12.12 445.24 CK High 2.55 12.32 452.592.43 12.20 448.18 CK Average 2.47 -0.3012.24 449.712.39 -0.3412.16 446.65 Essex Cty 2.45 12.22 448.922.40 12.17 447.08 Mdsx Low 2.50 12.27 450.752.35 12.12 445.24 Mdsx High 2.50 12.27 450.752.41 12.18 447.45 Mdsx Average 2.50 -0.2712.27 450.752.38 -0.3512.15 446.34 Hensall 2.53 12.29 451.672.38 12.14 446.16 Bruce 2.50 12.27 450.752.35 12.12 445.24 Putnam 2.50 12.27 450.752.35 12.12 445.24 Burford N/A 2.44 12.21 448.55 Port Perry N/A 2.41 12.18 447.45 Norfolk 2.45 12.22 448.922.45 12.22 448.92 Palmerston 2.45 12.22 448.922.40 12.17 447.08 Varna 2.55 12.32 452.592.40 12.17 447.08 Trenton N/A 2.55 12.32 452.59 Winchester N/A 2.45 12.22 448.92 North Gower N/A 2.49 12.26 450.39 Huron FOB 2.65 12.42 456.272.50 12.27 450.75 Kent FOB N/A 2.50 12.27 450.75 Lambton FOB N/A 2.55 12.32 452.59 Middlesex FOB2.66 2.53 2.64 N/A 12.43 456.632.53 12.30 451.86 PROCESSORS Hamilton 2.85 2.85 2.97 N/A 12.62 463.612.85 12.62 463.61 Windsor N/A N/A N/A N/A N/A Winchester N/A N/A TRANSFER Prescott 2.89 12.66 465.083.02 12.79 469.86 Toledo El. 0.00 9.77 358.89-0.41 9.35 343.73 Bank of Canada Noon exchange rate was 1.2909 up 0.0014 Chicago wheat closed slightly to moderately higher. DEC16 HI 4.06 3/4 JUL17 HI 4.52 3/4 LOW 3.98 1/4 LOW 4.43 1/4 CLOSE 4.06 Up 3 1/4 CLOSE 4.52 3/4 Up 6 1/4 Minni wheat closed slightly higher. DEC16 HI 4.92 3/4 SEP17 HI 5.33 LOW 4.85 3/4 LOW 5.31 3/4 CLOSE 4.92 Up 4 CLOSE 5.32 1/2 Up 4 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.48 0.41 0.54 0.15 CAD $/bu 4.54 4.47 4.60 5.07 CAD $/tonne 166.65 164.28 169.02 186.12 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 0.12 0.12 0.12 N/A 0.41 0.31 0.38 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 0.40 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 0.35 0.45 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 0.23 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 0.52 0.60 0.35 N/A 0.60 0.60 0.45 PROCESSORS Toledo FM N/A N/A 1.19 N/A N/A N/A 1.31 N/A Toledo El. 3.74US 4.83CA 4.33US 5.58CA GFO Contract Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.67 0.60 0.34 CAD $/bu 5.19 5.13 4.87 CAD $/tonne 190.87 188.51 179.03 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 492.30 DDG's FOB Srn & Aylm 175.00 - 180.00