FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, January 16

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, January 16 Exchange rate was 1.3225 down 0.0045 Chicago soybeans closed narrowly mixed. MAR19 HI 9.00 NOV19 HI 9.43 LOW 8.91 1/4 LOW 9.35 CLOSE8.94 1/2 Up 1 1/4 CLOSE 9.37 1/2 Unchanged OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +MAR1+MAR1+MAY19 CK Low 1.93 10.88 399.592.15 11.53 423.47 CK High 2.10 11.05 405.832.25 11.63 427.15 CK Average 2.05 -0.6310.99 403.852.23 -0.5811.61 426.41 Essex Cty 2.00 10.95 402.162.30 11.68 428.98 Mdsx Low 1.97 10.92 401.062.19 11.57 424.94 Mdsx High 2.10 11.05 405.832.25 11.63 427.15 Mdsx Average 2.04 -0.6410.98 403.452.22 -0.5911.60 426.04 Hensall 2.05 11.00 404.002.25 11.63 427.15 Bruce 2.00 10.95 402.162.25 11.63 427.15 Putnam 2.10 11.05 405.832.25 11.63 427.15 Burford 1.97 10.92 401.062.19 11.57 424.94 Port Perry 1.93 10.88 399.592.15 11.53 423.47 Norfolk 2.00 10.95 402.162.25 11.63 427.15 Palmerston 1.90 10.85 398.492.33 11.71 430.09 Varna 2.00 10.95 402.162.20 11.58 425.31 Trenton 2.10 11.05 405.832.25 11.63 427.15 Winchester 2.06 11.01 404.362.22 11.60 426.04 North Gower 2.22 11.17 410.242.25 11.63 427.15 Huron FOB 2.10 11.05 405.832.35 11.73 430.82 Kent FOB 2.10 11.05 405.832.25 11.63 427.15 Lambton FOB 1.95 10.90 400.322.40 11.78 432.66 Middlesex FOB1.96 2.09 2.16 2.27 10.91 400.692.32 11.70 429.72 PROCESSORS Windsor 2.50 N/A N/A N/A 11.45 420.532.71 12.09 444.05 TRANSFER Hamilton 2.35 11.30 415.022.65 12.03 441.84 Prescott 1.90 10.85 398.492.60 11.98 440.01 Toledo El. -0.60 8.35 306.81-0.53 8.85 325.07 Exchange rate was 1.3225 down 0.0045 Chicago wheat closed slightly higher. MAR19 HI 5.16 3/4 JUL19 HI 5.26 1/4 LOW 5.11 LOW 5.21 CLOSE 5.12 1/2 Up 1 1/2 CLOSE 5.23 Up 2 1/2 Minni wheat closed slightly higher. MAR19 HI 5.68 3/4 SEP19 HI 5.87 1/2 LOW 5.62 LOW 5.81 CLOSE 5.65 Up 3 CLOSE 5.84 1/4 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 1.52 1.59 1.39 0.76 CAD $/bu 6.65 6.71 6.51 6.41 CAD $/tonne 244.18 246.61 239.32 235.68 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 1.30 N/A N/A N/A 1.15 N/A London 1.45 1.31 1.25 N/A 1.46 1.33 1.20 N/A Hensall 1.50 N/A 1.30 N/A 1.55 N/A 1.15 N/A Trenton N/A N/A N/A N/A N/A N/A 1.15 N/A Bruce 1.50 1.55 1.30 1.10 1.50 1.45 1.20 1.00 Essex N/A N/A 1.25 N/A N/A N/A 1.20 N/A Norwich 1.50 N/A 1.30 N/A 1.55 N/A 1.15 N/A Port Hope N/A N/A 1.30 N/A N/A 1.30 1.15 N/A Kent Bridge 1.50 N/A 1.30 N/A 1.55 N/A 1.15 N/A Chatham N/A N/A 1.25 N/A N/A N/A 1.20 N/A Brigden N/A N/A 1.25 N/A N/A N/A 1.20 N/A Palmerston N/A 1.60 1.15 1.10 N/A 1.50 1.20 1.00 Varna 1.50 1.60 1.30 N/A 1.40 1.50 1.20 N/A Mitchell 1.50 1.30 1.30 N/A 1.55 1.30 1.15 N/A Thornton N/A N/A N/A 0.54 N/A N/A N/A N/A North Gower N/A 1.35 1.20 0.64 N/A 1.39 1.29 0.51 W O Feed 1.87 PROCESSORS Toledo FM N/A N/A 1.85 N/A N/A N/A 1.80 N/A Toledo El. 5.08US 6.71CA 5.08US 6.70CA GFO Contract Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.47 1.54 1.34 0.75 CAD $/bu 6.70 6.77 6.57 6.59 CAD $/tonne 246.36 248.79 241.51 242.12 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 487.34 DDG's FOB Srn & Aylm 185.00