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

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, December 8 Bank of Canada Noon exchange rate was 1.3221 down 0.0031 Chicago soybeans closed moderately lower to lower. JAN17 HI 10.49 NOV17 HI 10.31 LOW 10.23 1/2 LOW 10.09 3/4 CLOSE10.27 Down 22 CLOSE 10.13 Down 19 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JAN1+MAR1+MAR17 CK Low 2.54 12.81 470.692.50 12.63 464.07 CK High 2.60 12.87 472.892.60 12.73 467.75 CK Average 2.58 -0.5312.85 472.222.55 -0.4912.68 465.97 Essex Cty 2.60 12.87 472.892.60 12.73 467.75 Mdsx Low 2.54 12.81 470.692.49 12.62 463.71 Mdsx High 2.60 12.87 472.892.55 12.68 465.91 Mdsx Average 2.57 -0.5412.84 471.792.52 -0.5212.65 464.81 Hensall 2.60 12.87 472.892.58 12.71 466.83 Bruce 2.60 12.87 472.892.55 12.68 465.91 Putnam 2.60 12.87 472.892.55 12.68 465.91 Burford 2.61 12.88 473.262.56 12.69 466.28 Port Perry 2.54 12.81 470.692.49 12.62 463.71 Norfolk 2.60 12.87 472.892.55 12.68 465.91 Palmerston 2.60 12.87 472.892.60 12.73 467.75 Varna 2.60 12.87 472.892.60 12.73 467.75 Trenton 2.60 12.87 472.892.65 12.78 469.58 Winchester 2.55 12.82 471.052.43 12.56 461.50 North Gower 2.61 12.88 473.262.90 13.03 478.77 Huron FOB 2.70 12.97 476.572.75 12.88 473.26 Kent FOB 2.70 12.97 476.572.55 12.68 465.91 Lambton FOB 2.60 12.87 472.892.70 12.83 471.42 Middlesex FOB2.71 2.77 2.77 N/A 12.98 476.932.66 12.79 469.95 PROCESSORS Hamilton 3.04 3.10 N/A N/A 13.31 489.062.94 13.07 480.24 Windsor N/A N/A N/A N/A N/A Winchester N/A N/A TRANSFER Prescott 2.96 13.23 486.123.05 13.18 484.28 Toledo El. -0.54 9.73 357.49-0.45 9.68 355.78 Bank of Canada Noon exchange rate was 1.3221 down 0.0031 Chicago wheat closed slightly to moderately higher. MAR17 HI 4.09 1/4 JUL17 HI 4.32 1/4 LOW 4.01 1/2 LOW 4.25 1/4 CLOSE 4.08 1/4 Up 7 1/4 CLOSE 4.30 1/4 Up 5 1/2 Minni wheat closed slightly higher. MAR17 HI 5.34 3/4 SEP17 HI 5.46 3/4 LOW 5.29 LOW 5.42 1/2 CLOSE 5.31 Up 2 CLOSE 5.43 1/4 Up 1 1/2 GFO Cash Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.58 0.71 0.71 0.64 CAD $/bu 4.66 4.79 4.79 5.95 CAD $/tonne 171.20 176.05 176.05 218.58 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 0.45 N/A N/A 0.60 0.60 N/A London 0.51 0.47 0.51 N/A 0.52 0.52 0.45 N/A Hensall 0.45 N/A 0.45 N/A 0.70 N/A 0.60 N/A Trenton N/A N/A N/A N/A N/A N/A 0.65 N/A Bruce 0.45 0.45 0.45 0.40 0.70 0.55 0.60 0.55 Essex N/A N/A N/A N/A N/A N/A 0.40 N/A Norwich 0.45 N/A 0.45 N/A 0.70 N/A 0.60 N/A Port Hope N/A 0.45 0.55 N/A N/A 0.55 0.60 N/A Kent Bridge 0.45 N/A 0.45 N/A 0.70 N/A 0.60 N/A Chatham N/A N/A 0.45 N/A N/A N/A 0.50 N/A Brigden N/A N/A 0.45 N/A N/A N/A 0.50 N/A Palmerston N/A 0.65 0.55 0.40 N/A 0.60 0.60 0.60 Varna 0.50 0.50 0.50 N/A 0.60 0.55 0.55 N/A Mitchell 0.45 0.45 0.45 N/A 0.70 0.55 0.60 N/A Thornton N/A N/A N/A 0.09 N/A N/A N/A N/A North Gower N/A 0.60 0.60 0.46 N/A 0.69 0.69 0.45 W O Feed 1.44 TERMINAL Prescott N/A N/A 0.76 0.71 N/A 0.85 0.97 0.78 PROCESSORS Toledo FM N/A N/A 0.93 N/A N/A N/A 1.36 N/A Toledo El. 3.83US 5.06CA 4.10US 5.40CA GFO Contract Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.83 0.64 0.64 0.53 CAD $/bu 5.13 4.94 4.94 5.96 CAD $/tonne 188.67 181.42 181.42 219.13 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 505.64 DDG's FOB Srn & Aylm 135.00 - 140.00