FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, May 26

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, May 26 Exchange rate was 1.3445 down 0.0027 Chicago soybeans closed slightly to moderately lower. JUL17 HI 9.41 NOV17 HI 9.40 3/4 LOW 9.25 1/4 LOW 9.28 CLOSE9.26 1/2 Down 13 CLOSE 9.29 1/4 Down 10 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JUL1+JUL1+NOV17 CK Low 2.61 11.88 436.332.25 11.54 424.11 CK High 2.65 11.92 437.802.30 11.59 425.95 CK Average 2.64 -0.4111.91 437.432.29 -0.6811.58 425.40 Essex Cty 2.65 11.92 437.802.25 11.54 424.11 Mdsx Low 2.61 11.88 436.332.26 11.55 424.48 Mdsx High 2.70 11.97 439.642.35 11.64 427.79 Mdsx Average 2.66 -0.4011.92 437.992.31 -0.6711.60 426.14 Hensall 2.70 11.97 439.642.35 11.64 427.79 Bruce 2.75 12.02 441.482.35 11.64 427.79 Putnam 2.90 12.17 446.992.60 11.89 436.97 Burford 2.68 11.95 438.902.33 11.62 427.05 Port Perry 2.61 11.88 436.332.26 11.55 424.48 Norfolk 2.68 11.95 438.902.35 11.64 427.79 Palmerston 2.70 11.97 439.642.35 11.64 427.79 Varna 2.70 11.97 439.642.40 11.69 429.63 Trenton 2.70 11.97 439.642.45 11.74 431.46 Winchester 2.67 11.94 438.542.80 12.09 444.32 North Gower 2.46 11.73 430.822.56 11.85 435.50 Huron FOB 2.85 12.12 445.152.40 11.69 429.63 Kent FOB 2.78 12.05 442.582.30 11.59 425.95 Lambton FOB 2.70 11.97 439.642.50 11.79 433.30 Middlesex FOB2.78 2.78 N/A N/A 12.05 442.582.47 11.76 432.20 PROCESSORS Hamilton 3.18 3.18 3.10 N/A 12.45 457.282.88 12.17 447.26 N/A N/A N/A TRANSFER Prescott 2.71 11.98 440.012.83 12.12 445.43 Sarnia 2.42 11.69 429.352.69 11.98 440.28 Toledo El. -0.31 8.96 329.07-0.56 8.73 320.69 Exchange rate was 1.3445 down 0.0027 Chicago wheat closed moderately higher. JUL17 HI 4.39 JUL17 HI 4.39 LOW 4.29 1/4 LOW 4.29 1/4 CLOSE 4.38 1/4 Up 7 1/2 CLOSE 4.38 1/4 Up 7 1/2 Minni wheat closed slightly to moderately higher. JUL17 HI 5.70 SEP17 HI 5.75 LOW 5.61 LOW 5.67 CLOSE 5.68 3/4 Up 6 1/2 CLOSE 5.73 1/4 Up 5 1/2 GFO Cash Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.57 0.57 0.57 0.28 CAD $/bu 4.95 4.95 4.95 5.97 CAD $/tonne 181.93 181.93 181.93 219.23 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 0.75 N/A N/A N/A 0.90 N/A London 0.81 0.75 0.75 N/A 1.02 0.88 0.84 N/A Hensall 0.85 N/A 0.75 N/A 1.05 N/A 0.90 N/A Trenton N/A N/A N/A N/A N/A N/A 1.05 N/A Bruce 0.85 0.75 0.75 0.45 1.05 0.90 0.90 0.65 Essex N/A N/A 0.54 N/A N/A N/A 0.62 N/A Norwich 0.85 N/A 0.75 N/A 1.05 N/A 0.90 N/A Port Hope N/A N/A 0.85 N/A N/A 0.90 1.00 N/A Kent Bridge 0.85 N/A 0.75 N/A 1.05 N/A 0.90 N/A Chatham N/A N/A 0.80 N/A N/A N/A 0.85 N/A Brigden N/A N/A 0.80 N/A N/A N/A 0.85 N/A Palmerston N/A 0.75 0.70 0.45 N/A 0.90 0.90 0.65 Varna 0.90 0.85 0.80 N/A 1.15 0.85 0.85 N/A Mitchell 0.85 0.75 0.75 N/A 1.05 0.90 0.90 N/A Thornton N/A N/A N/A 0.12 N/A N/A N/A N/A North Gower N/A 0.45 0.45 0.07 N/A 1.12 1.12 0.46 W O Feed 1.45 TERMINAL Sarnia 1.12 N/A 1.10 N/A 1.25 N/A 1.15 N/A Prescott N/A N/A N/A N/A N/A N/A N/A N/A PROCESSORS Toledo FM N/A N/A 1.38N/A N/A N/A 1.44N/A Toledo El. 4.28US 5.76CA 4.28US 5.76CA GFO Contract Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.11 1.11 1.11 0.56 CAD $/bu 5.49 5.49 5.49 6.30 CAD $/tonne 201.69 201.69 201.69 231.33 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 451.73 DDG's FOB Srn & Aylm 175.00 - 180.00