FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, December 18

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, December 18 Exchange rate was 1.3462 up 0.0082 Chicago soybeans closed slightly higher. JAN19 HI 9.12 1/4 NOV19 HI 9.59 1/4 LOW 9.02 3/4 LOW 9.51 3/4 CLOSE9.07 3/4 Up 3 CLOSE 9.56 1/4 Up 2 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JAN1+MAR1+MAR19 CK Low 2.19 11.27 414.012.33 11.89 436.97 CK High 2.30 11.38 418.052.40 11.96 439.55 CK Average 2.28 -0.6411.36 417.242.37 -0.6811.93 438.30 Essex Cty 2.30 11.38 418.052.40 11.96 439.55 Mdsx Low 2.23 11.31 415.482.35 11.91 437.71 Mdsx High 2.30 11.38 418.052.37 11.93 438.44 Mdsx Average 2.27 -0.6511.34 416.772.36 -0.6811.92 438.08 Hensall 2.30 11.38 418.052.35 11.91 437.71 Bruce 2.30 11.38 418.052.35 11.91 437.71 Putnam 2.30 11.38 418.052.35 11.91 437.71 Burford 2.23 11.31 415.482.37 11.93 438.44 Port Perry 2.19 11.27 414.012.33 11.89 436.97 Norfolk 2.30 11.38 418.052.40 11.96 439.55 Palmerston 2.35 11.43 419.892.35 11.91 437.71 Varna 2.30 11.38 418.052.35 11.91 437.71 Trenton 2.30 11.38 418.052.35 11.91 437.71 Winchester 2.40 11.48 421.732.30 11.86 435.87 North Gower 2.50 11.58 425.402.43 11.99 440.65 Huron FOB 2.40 11.48 421.732.45 12.01 441.38 Kent FOB 2.40 11.48 421.732.40 11.96 439.55 Lambton FOB 2.25 11.33 416.212.50 12.06 443.22 Middlesex FOB2.26 2.39 2.46 2.50 11.34 416.582.53 12.09 444.32 PROCESSORS Windsor 2.76 N/A N/A N/A 11.84 434.952.93 12.49 459.02 TRANSFER Hamilton 2.70 11.78 432.752.80 12.36 454.24 Prescott N/A 2.90 12.46 457.92 Toledo El. -0.51 8.57 314.75-0.40 9.16 336.57 Exchange rate was 1.3462 up 0.0082 Chicago wheat closed slightly lower. MAR19 HI 5.36 JUL19 HI 5.48 1/2 LOW 5.30 LOW 5.43 1/2 CLOSE 5.32 3/4 Down 2 1/2 CLOSE 5.45 3/4 Down 2 Minni wheat closed moderately lower. MAR19 HI 5.85 SEP19 HI 6.01 LOW 5.75 1/4 LOW 5.96 CLOSE 5.76 3/4 Down 8 1/2 CLOSE 5.97 Down 6 1/2 GFO Cash Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.37 1.57 1.37 0.85 CAD $/bu 6.70 6.90 6.70 6.62 CAD $/tonne 246.20 253.62 246.20 243.24 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 1.40 N/A N/A N/A 1.25 N/A London 1.58 1.45 1.32 N/A 1.61 1.48 1.21 N/A Hensall 1.60 N/A 1.40 N/A 1.60 N/A 1.25 N/A Trenton N/A N/A N/A N/A N/A N/A 1.25 N/A Bruce 1.30 1.50 1.30 1.00 1.25 1.45 1.20 0.90 Essex N/A N/A 1.30 N/A N/A N/A 1.20 N/A Norwich 1.60 N/A 1.40 N/A 1.60 N/A 1.25 N/A Port Hope N/A N/A 1.30 N/A N/A 1.30 1.25 N/A Kent Bridge 1.60 N/A 1.40 N/A 1.60 N/A 1.25 N/A Chatham N/A N/A 1.30 N/A N/A N/A 1.20 N/A Brigden N/A N/A 1.30 N/A N/A N/A 1.20 N/A Palmerston N/A 1.50 1.20 0.80 N/A 1.45 1.10 0.80 Varna 1.60 1.60 1.40 N/A 1.35 1.50 1.25 N/A Mitchell 1.60 1.40 1.40 N/A 1.60 1.40 1.25 N/A Thornton N/A N/A N/A 0.77 N/A N/A N/A N/A North Gower N/A 1.30 1.13 0.64 N/A 1.33 1.27 0.55 W O Feed 1.92 PROCESSORS Toledo FM N/A N/A 2.05 N/A N/A N/A 2.00 N/A Toledo El. 5.23US 7.04CA 5.31US 7.12CA GFO Contract Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.40 1.47 1.40 0.77 CAD $/bu 6.86 6.92 6.86 6.74 CAD $/tonne 251.90 254.37 251.90 247.59 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 496.49 DDG's FOB Srn & Aylm 150.00 - 165.00