FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, January 10

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, January 10 Bank of Canada Noon exchange rate was 1.3208 down 0.0014 Chicago soybeans closed slightly higher. MAR17 HI 10.15 NOV17 HI 10.00 3/4 LOW 9.97 1/4 LOW 9.86 3/4 CLOSE10.13 3/4 Up 8 1/2 CLOSE 10.00 Up 6 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +MAR1+MAR1+MAY17 CK Low 2.45 12.59 462.512.35 12.35 453.78 CK High 2.45 12.59 462.512.45 12.45 457.46 CK Average 2.45 -0.6212.59 462.512.40 -0.6112.40 455.62 Essex Cty 2.45 12.59 462.512.40 12.40 455.62 Mdsx Low 2.45 12.59 462.512.33 12.33 453.05 Mdsx High 2.45 12.59 462.512.40 12.40 455.62 Mdsx Average 2.45 -0.6212.59 462.512.37 -0.6312.37 454.34 Hensall 2.48 12.61 463.432.43 12.43 456.54 Bruce 2.45 12.59 462.512.40 12.40 455.62 Putnam 2.50 12.64 464.352.45 12.45 457.46 Burford 2.51 12.65 464.722.39 12.39 455.25 Port Perry 2.45 12.59 462.512.33 12.33 453.05 Norfolk 2.50 12.64 464.352.45 12.45 457.46 Palmerston 2.50 12.64 464.352.45 12.45 457.46 Varna 2.50 12.64 464.352.45 12.45 457.46 Trenton 2.50 12.64 464.352.45 12.45 457.46 Winchester 2.55 12.69 466.192.55 12.55 461.13 North Gower 2.46 12.60 462.882.52 12.52 460.03 Huron FOB 2.65 12.79 469.862.55 12.55 461.13 Kent FOB 2.55 12.69 466.192.40 12.40 455.62 Lambton FOB 2.45 12.59 462.512.55 12.55 461.13 Middlesex FOB2.62 2.66 N/A N/A 12.76 468.762.50 12.50 459.30 PROCESSORS Hamilton 3.00 3.05 N/A N/A 13.14 482.722.90 12.90 473.99 N/A N/A N/A TRANSFER Prescott 2.67 12.81 470.602.80 12.80 470.32 Sarnia 2.48 12.62 463.612.80 12.80 470.32 Toledo El. -0.46 9.67 355.49-0.51 9.49 348.52 Bank of Canada Noon exchange rate was 1.3208 down 0.0014 Chicago wheat closed narrowly mixed. MAR17 HI 4.27 1/4 JUL17 HI 4.54 1/2 LOW 4.23 1/2 LOW 4.50 CLOSE 4.26 3/4 Down 1/2 CLOSE 4.54 1/4 Up 1/4 Minni wheat closed mixed. MAR17 HI 5.62 SEP17 HI 5.54 LOW 5.54 3/4 LOW 5.49 1/4 CLOSE 5.61 1/4 Up 1 1/2 CLOSE 5.50 Down 3 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.65 0.58 0.71 0.55 CAD $/bu 4.91 4.85 4.98 6.16 CAD $/tonne 180.56 178.13 182.99 226.46 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 0.70 N/A N/A 0.60 0.60 N/A London 0.70 0.70 0.70 N/A 0.72 0.59 0.59 N/A Hensall 0.70 N/A 0.70 N/A 0.70 N/A 0.60 N/A Trenton N/A N/A N/A N/A N/A N/A 0.85 N/A Bruce 0.70 0.65 0.70 0.40 0.70 0.60 0.60 0.60 Essex N/A N/A N/A N/A N/A N/A 0.43 N/A Norwich 0.70 N/A 0.70 N/A 0.70 N/A 0.60 N/A Port Hope N/A N/A 0.75 N/A N/A 0.55 0.60 N/A Kent Bridge 0.70 N/A 0.70 N/A 0.70 N/A 0.60 N/A Chatham N/A N/A 0.65 N/A N/A N/A 0.60 N/A Brigden N/A N/A 0.65 N/A N/A N/A 0.60 N/A Palmerston N/A 0.65 0.70 N/A N/A 0.60 0.60 0.60 Varna 0.65 0.65 0.65 N/A 0.60 0.55 0.55 N/A Mitchell 0.70 0.70 0.70 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 0.48 0.61 0.35 N/A 0.89 0.89 0.62 W O Feed 1.51 TERMINAL Sarnia N/A N/A 0.84 N/A 1.14 0.79 0.89 N/A Prescott N/A N/A 0.77 N/A N/A N/A 0.97 0.71 PROCESSORS Toledo FM N/A N/A 1.37N/A N/A N/A 1.45N/A Toledo El. 4.12US 5.44CA 4.34US 5.73CA GFO Contract Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.93 0.86 0.86 0.71 CAD $/bu 5.47 5.40 5.40 6.21 CAD $/tonne 200.95 198.53 198.53 228.00 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 487.78 DDG's FOB Srn & Aylm 135.00 - 140.00