FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, July 12

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, July 12 Exchange rate was 1.3157 down 0.0016 Chicago soybeans closed slightly higher. AUG18 HI 8.41 1/4 NOV18 HI 8.56 1/2 LOW 8.22 1/4 LOW 8.38 CLOSE8.33 3/4 Up 3/4 CLOSE 8.49 1/4 Up 1 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +AUG1+AUG1+NOV18 CK Low 2.40 10.74 394.542.35 10.84 398.39 CK High 2.60 10.94 401.882.40 10.89 400.23 CK Average 2.53 -0.0810.86 399.132.38 -0.1910.87 399.56 Essex Cty 2.70 11.04 405.562.30 10.79 396.56 Mdsx Low 2.55 10.89 400.052.39 10.88 399.86 Mdsx High 2.60 10.94 401.882.50 10.99 403.91 Mdsx Average 2.58 -0.0410.91 400.972.45 -0.1410.94 401.88 Hensall 2.60 10.94 401.882.50 10.99 403.91 Bruce 2.60 10.94 401.882.45 10.94 402.07 Putnam 2.40 10.74 394.542.40 10.89 400.23 Burford 2.61 10.95 402.252.45 10.94 402.07 Port Perry 2.52 10.86 398.942.36 10.85 398.76 Norfolk 2.60 10.94 401.882.50 10.99 403.91 Palmerston 2.40 10.74 394.542.40 10.89 400.23 Varna 2.50 10.84 398.212.50 10.99 403.91 Trenton 2.50 10.84 398.212.40 10.89 400.23 Winchester 2.26 10.60 389.392.36 10.85 398.76 North Gower 2.20 10.54 387.192.35 10.84 398.39 Huron FOB 2.75 11.09 407.402.60 11.09 407.58 Kent FOB 2.75 11.09 407.402.50 10.99 403.91 Lambton FOB 2.55 10.89 400.052.60 11.09 407.58 Middlesex FOB2.52 2.52 2.52 N/A 10.86 398.942.52 11.01 404.64 PROCESSORS Windsor 2.78 11.12 408.502.56 11.05 406.11 TRANSFER Hamilton N/A 2.80 11.29 414.93 Prescott 2.04 10.38 381.312.75 11.24 413.09 Toledo El. -0.05 8.28 304.42-0.39 8.10 297.61 Exchange rate was 1.3157 down 0.0016 Chicago wheat closed moderately higher to higher. SEP18 HI 4.88 1/2 JUL19 HI 5.38 3/4 LOW 4.73 LOW 5.28 CLOSE 4.84 1/2 Up 12 3/4 CLOSE 5.35 Up 7 1/4 Minni wheat closed slightly higher. SEP18 HI 5.36 1/2 SEP19 HI 5.98 LOW 5.23 3/4 LOW 5.90 1/4 CLOSE 5.30 1/2 Up 5 CLOSE 5.94 3/4 Up 3 1/2 GFO Cash Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.27 1.40 1.33 0.56 CAD $/bu 6.11 6.24 6.18 5.86 CAD $/tonne 224.56 229.39 226.97 215.37 Direct MarkHarvest 2018 Harvest 2019 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 1.00 N/A N/A N/A 1.00 N/A London 1.03 1.16 0.97 N/A 1.26 1.20 0.93 N/A Hensall 1.10 N/A 1.00 N/A 1.15 N/A 1.00 N/A Trenton N/A N/A 1.00 N/A N/A N/A 1.05 N/A Bruce 1.10 1.20 1.00 0.55 1.15 1.20 1.00 0.50 Essex N/A N/A 0.97 N/A N/A N/A 0.93 N/A Norwich 1.10 N/A 1.00 N/A 1.15 N/A 1.00 N/A Port Hope N/A 1.00 1.00 N/A N/A 1.00 1.00 N/A Kent Bridge 1.10 N/A 1.00 N/A 1.15 N/A 1.00 N/A Chatham N/A N/A 1.00 N/A N/A N/A 0.95 N/A Brigden N/A N/A 1.00 N/A N/A N/A 0.95 N/A Palmerston N/A 1.10 1.00 0.55 N/A 1.10 0.95 N/A Varna 1.20 1.20 1.00 N/A 1.00 1.10 0.90 N/A Mitchell 1.10 1.20 1.00 N/A 1.15 1.20 1.00 N/A Thornton N/A N/A N/A 0.71 N/A N/A N/A N/A North Gower N/A 1.27 1.25 0.40 N/A 1.39 1.39 0.30 W O Feed 1.54 PROCESSORS Toledo FM N/A N/A 1.73 N/A N/A N/A 1.79 N/A Toledo El. 4.92US 6.47CA 5.20US 6.81CA GFO Contract Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.26 1.33 1.33 0.47 CAD $/bu 6.61 6.68 6.68 6.41 CAD $/tonne 242.99 245.39 245.39 235.65 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 529.01 DDG's FOB Srn & Aylm 210.00 - 230.00