FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, November 23

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, November 23 Bank of Canada Noon exchange rate was 1.347 up 0.0026 Chicago soybeans closed mixed. JAN17 HI 10.35 3/4 NOV17 HI 10.17 1/2 LOW 10.17 1/4 LOW 10.06 CLOSE10.34 1/4 Up 4 1/4 CLOSE 10.16 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+MAR17 CK Low 2.55 12.89 473.722.60 12.77 469.03 CK High 2.70 13.04 479.232.80 12.97 476.38 CK Average 2.67 -0.7013.01 478.132.73 -0.5912.89 473.69 Essex Cty 2.55 12.89 473.722.60 12.77 469.03 Mdsx Low 2.67 13.01 478.132.69 12.86 472.34 Mdsx High 2.70 13.04 479.232.75 12.92 474.55 Mdsx Average 2.69 -0.6913.03 478.682.72 -0.5912.89 473.44 Hensall 2.70 13.04 479.232.73 12.89 473.63 Bruce 2.70 13.04 479.232.75 12.92 474.55 Putnam 2.60 12.94 475.562.60 12.77 469.03 Burford 2.70 13.04 479.232.72 12.89 473.44 Port Perry 2.64 12.98 477.032.66 12.83 471.24 Norfolk 2.70 13.04 479.232.80 12.97 476.38 Palmerston 2.55 12.89 473.722.60 12.77 469.03 Varna 2.70 13.04 479.232.70 12.87 472.71 Trenton 2.60 12.94 475.562.70 12.87 472.71 Winchester 2.87 13.21 485.482.68 12.85 471.97 North Gower 2.66 13.00 477.762.72 12.89 473.44 Huron FOB 2.80 13.14 482.902.80 12.97 476.38 Kent FOB 2.80 13.14 482.902.75 12.92 474.55 Lambton FOB 2.70 13.04 479.232.95 13.12 481.89 Middlesex FOB2.92 2.99 3.04 N/A 13.26 487.312.84 13.01 477.85 PROCESSORS Hamilton 3.31 3.37 3.44 N/A 13.65 501.643.21 13.38 491.45 Windsor N/A N/A N/A N/A N/A Winchester N/A N/A TRANSFER Prescott 2.95 13.29 488.423.07 13.24 486.30 Toledo El. -0.63 9.71 356.72-0.34 9.83 361.14 Bank of Canada Noon exchange rate was 1.347 up 0.0026 Chicago wheat closed slightly lower. DEC16 HI 4.07 1/4 JUL17 HI 4.56 LOW 3.96 1/4 LOW 4.47 1/4 CLOSE 4.01 1/2 Down 5 3/4 CLOSE 4.52 1/2 Down 3 1/2 Minni wheat closed narrowly mixed. DEC16 HI 5.28 1/4 SEP17 HI 5.43 1/4 LOW 5.22 1/4 LOW 5.40 1/2 CLOSE 5.27 1/4 Up 1/4 CLOSE 5.41 1/2 Down 1 1/2 GFO Cash Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.66 0.59 0.66 0.49 CAD $/bu 4.68 4.61 4.68 5.76 CAD $/tonne 171.78 169.30 171.78 211.82 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 0.60 N/A N/A 0.60 0.60 N/A London 0.59 0.55 0.59 N/A 0.70 0.56 0.63 N/A Hensall 0.60 N/A 0.60 N/A 0.70 N/A 0.60 N/A Trenton N/A N/A N/A N/A N/A N/A 0.70 N/A Bruce 0.60 0.45 0.60 0.55 0.70 0.55 0.60 0.55 Essex N/A N/A 0.51 N/A N/A N/A 0.55 N/A Norwich 0.60 N/A 0.60 N/A 0.70 N/A 0.60 N/A Port Hope N/A 0.60 0.60 N/A N/A 0.50 0.60 N/A Kent Bridge 0.60 N/A 0.60 N/A 0.70 N/A 0.60 N/A Chatham N/A N/A 0.60 N/A N/A N/A 0.60 N/A Brigden N/A N/A 0.60 N/A N/A N/A 0.60 N/A Palmerston N/A 0.45 0.60 0.55 N/A 0.55 0.60 0.55 Varna 0.60 0.60 0.60 N/A 0.65 0.60 0.60 N/A Mitchell 0.60 0.60 0.60 N/A 0.70 0.55 0.60 N/A Thornton N/A N/A N/A 0.14 N/A N/A N/A N/A North Gower N/A 0.50 0.56 0.26 N/A 0.86 0.86 0.52 W O Feed 1.54 TERMINAL Prescott N/A N/A 0.68 0.68 N/A 0.60 0.84 0.81 PROCESSORS Toledo FM N/A N/A 1.40 N/A N/A N/A 1.57 N/A Toledo El. 3.92US 5.28CA 4.33US 5.82CA GFO Contract Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.89 0.82 0.82 0.66 CAD $/bu 5.42 5.35 5.35 6.08 CAD $/tonne 199.05 196.58 196.58 223.28 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 497.59 DDG's FOB Srn & Aylm 150.00 - 155.00