FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, October 31

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, October 31 Bank of Canada Noon exchange rate was 1.3403 up 0.0018 Chicago soybeans closed narrowly mixed. JAN17 HI 10.18 NOV17 HI 10.01 3/4 LOW 10.06 LOW 9.92 CLOSE10.11 3/4 Down 1/4 CLOSE 9.94 1/2 Up 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JAN1+JAN1+JAN17 CK Low 2.32 12.44 457.002.45 12.40 455.44 CK High 2.40 12.52 459.942.50 12.45 457.28 CK Average 2.37 -0.8112.49 458.842.48 -0.6712.42 456.36 Essex Cty 2.40 12.52 459.942.45 12.40 455.44 Mdsx Low 2.32 12.44 457.002.45 12.40 455.44 Mdsx High 2.35 12.47 458.102.48 12.43 456.54 Mdsx Average 2.34 -0.8412.45 457.552.47 -0.6712.41 455.99 Hensall 2.35 12.47 458.102.48 12.42 456.36 Bruce 2.40 12.52 459.942.50 12.45 457.28 Putnam 2.40 12.52 459.942.50 12.45 457.28 Burford 2.38 12.50 459.202.54 12.49 458.75 Port Perry 2.29 12.41 455.902.45 12.40 455.44 Norfolk 2.40 12.52 459.942.45 12.40 455.44 Palmerston 2.40 12.52 459.942.45 12.40 455.44 Varna 2.35 12.47 458.102.50 12.45 457.28 Trenton 2.50 12.62 463.612.50 12.45 457.28 Winchester 2.61 12.73 467.662.54 12.49 458.75 North Gower 2.74 12.86 472.432.64 12.59 462.42 Huron FOB 2.50 12.62 463.612.65 12.60 462.79 Kent FOB 2.40 12.52 459.942.45 12.40 455.44 Lambton FOB 2.60 12.72 467.292.85 12.80 470.14 Middlesex FOB2.49 2.56 2.83 2.83 12.61 463.252.71 12.66 464.99 PROCESSORS Hamilton 2.89 3.01 3.15 3.21 13.01 477.943.06 13.01 477.85 Windsor N/A N/A N/A N/A N/A Winchester N/A N/A TRANSFER Prescott 2.69 12.81 470.603.01 12.96 476.01 Toledo El. -0.63 9.49 348.58-0.33 9.61 353.12 Bank of Canada Noon exchange rate was 1.3403 up 0.0018 Chicago wheat closed slightly to moderately higher. DEC16 HI 4.17 JUL17 HI 4.63 1/4 LOW 4.08 3/4 LOW 4.57 3/4 CLOSE 4.16 1/4 Up 7 3/4 CLOSE 4.61 1/2 Up 3 3/4 Minni wheat closed slightly higher. DEC16 HI 5.29 3/4 SEP17 HI 5.55 LOW 5.24 3/4 LOW 5.51 1/2 CLOSE 5.26 3/4 Up 2 1/4 CLOSE 5.52 3/4 Up 1 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.68 0.62 0.68 0.46 CAD $/bu 4.85 4.78 4.85 5.73 CAD $/tonne 178.09 175.62 178.09 210.38 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 0.35 N/A N/A 0.55 0.55 N/A London 0.38 0.27 0.38 N/A 0.68 0.55 0.61 N/A Hensall 0.40 N/A 0.40 N/A 0.65 N/A 0.55 N/A Trenton N/A N/A 0.40 N/A N/A N/A 0.60 N/A Bruce 0.35 0.45 0.35 0.30 0.65 0.55 0.55 0.45 Essex N/A N/A 0.48 N/A N/A N/A 0.53 N/A Norwich 0.40 N/A 0.40 N/A 0.65 N/A 0.55 N/A Port Hope N/A 0.40 0.40 N/A N/A 0.50 0.55 N/A Kent Bridge 0.40 N/A 0.40 N/A 0.65 N/A 0.55 N/A Chatham N/A N/A 0.40 N/A N/A N/A 0.55 N/A Brigden N/A N/A 0.40 N/A N/A N/A 0.55 N/A Palmerston N/A 0.45 0.45 0.30 N/A 0.55 0.55 0.40 Varna 0.45 0.45 0.45 N/A 0.60 0.55 0.55 N/A Mitchell 0.40 0.40 0.40 N/A 0.65 0.50 0.55 N/A Thornton N/A N/A N/A 0.29 N/A N/A N/A N/A North Gower N/A 0.48 0.55 0.24 N/A 0.84 0.84 0.55 TERMINAL Prescott N/A 0.92 0.68 0.65 N/A 0.60 0.74 0.78 PROCESSORS Toledo FM N/A N/A 1.42 N/A N/A N/A 1.56 N/A Toledo El. N/A 4.42US 5.91CA GFO Contract Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.89 0.83 0.83 0.67 CAD $/bu 5.51 5.44 5.44 6.19 CAD $/tonne 202.38 199.92 199.92 227.59 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 479.62 DDG's FOB Srn & Aylm 175.00 - 180.00