FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, March 1

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, March 1 Exchange rate was 1.2847 up 0.0021 Chicago soybeans closed slightly to moderately higher. MAY18 HI 10.68 3/4 NOV18 HI 10.38 LOW 10.50 3/4 LOW 10.27 CLOSE10.68 Up 12 1/2 CLOSE 10.38 Up 5 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +MAY1+MAY1+JUL18 CK Low 2.00 12.68 465.912.05 12.43 456.72 CK High 2.10 12.78 469.582.20 12.58 462.24 CK Average 2.08 -0.7512.76 468.972.14 -0.6212.52 459.97 Essex Cty 2.05 12.73 467.752.05 12.43 456.72 Mdsx Low 2.10 12.78 469.582.13 12.51 459.66 Mdsx High 2.10 12.78 469.582.20 12.58 462.24 Mdsx Average 2.10 -0.7312.78 469.582.17 -0.6012.55 460.95 Hensall 2.10 12.78 469.582.18 12.56 461.32 Bruce 2.10 12.78 469.582.20 12.58 462.24 Putnam 2.10 12.78 469.582.20 12.58 462.24 Burford 2.17 12.85 472.162.20 12.58 462.24 Port Perry 2.10 12.78 469.582.13 12.51 459.66 Norfolk 2.10 12.78 469.582.20 12.58 462.24 Palmerston 2.05 12.73 467.752.10 12.48 458.56 Varna 2.10 12.78 469.582.15 12.53 460.40 Trenton 2.15 12.83 471.422.10 12.48 458.56 Winchester 2.30 12.98 476.932.10 12.48 458.56 North Gower 2.04 12.72 467.382.06 12.44 457.09 Huron FOB 2.20 12.88 473.262.25 12.63 464.07 Kent FOB 2.30 12.98 476.932.15 12.53 460.40 Lambton FOB 2.30 12.98 476.932.25 12.63 464.07 Middlesex FOB2.23 2.36 2.40 2.40 12.91 474.362.24 12.62 463.71 TRANSFER Hamilton N/A 2.65 13.03 478.77 Prescott 2.32 13.00 477.672.54 12.92 474.73 Toledo El. -0.31 10.37 381.09-0.38 10.00 367.27 Exchange rate was 1.2847 up 0.0021 Chicago wheat closed sharply higher. MAY18 HI 5.18 JUL18 HI 5.31 LOW 4.89 1/2 LOW 5.03 CLOSE 5.15 1/2 Up 20 1/2 CLOSE 5.28 1/2 Up 21 1/4 Minni wheat closed moderately higher to higher. MAY18 HI 6.36 SEP18 HI 6.47 LOW 6.19 1/2 LOW 6.35 3/4 CLOSE 6.34 3/4 Up 13 CLOSE 6.46 1/2 Up 8 3/4 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.40 1.34 1.27 0.46 CAD $/bu 6.56 6.49 6.43 6.81 CAD $/tonne 240.98 238.62 236.26 250.06 Direct MarkHarvest 2017 Harvest 2018 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 0.85 N/A N/A N/A 0.90 N/A London 1.04 1.30 0.85 N/A 1.29 1.03 0.90 N/A Hensall 1.00 N/A 0.85 N/A 1.05 N/A 0.90 N/A Trenton N/A N/A N/A N/A N/A N/A 1.00 N/A Bruce 1.00 1.00 0.85 0.15 1.05 0.90 0.90 0.35 Essex N/A N/A N/A N/A N/A N/A 0.86 N/A Norwich 1.00 N/A 0.85 N/A 1.05 N/A 0.90 N/A Port Hope N/A N/A 0.85 N/A N/A 0.85 0.90 N/A Kent Bridge 1.00 N/A 0.85 N/A 1.05 N/A 0.90 N/A Chatham N/A N/A 0.90 N/A N/A N/A 0.95 N/A Brigden N/A N/A 0.90 N/A N/A N/A 0.95 N/A Palmerston N/A 0.80 0.80 N/A N/A 0.75 0.85 0.35 Varna 1.15 1.00 0.85 N/A 1.10 0.90 0.90 N/A Mitchell 1.00 1.00 0.85 N/A 1.05 0.90 0.90 N/A Thornton N/A N/A N/A 1.26 N/A N/A N/A N/A North Gower N/A 1.27 1.21 0.26 N/A 1.30 1.23 0.38 W O Feed 1.37 PROCESSORS Toledo FM N/A N/A 1.47 N/A N/A N/A 1.49 N/A Toledo El. 5.08US 6.52CA 5.24US 6.71CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.36 1.23 1.17 0.41 CAD $/bu 6.65 6.52 6.46 6.88 CAD $/tonne 244.27 239.56 237.20 252.75 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 550.28 DDG's FOB Srn & Aylm 220.00 - 245.00