FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, May 28

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, May 28 Exchange rate was 1.3479 up 0.0044 Chicago soybeans closed higher. JUL19 HI 8.58 1/4 NOV19 HI 8.84 1/2 LOW 8.37 1/2 LOW 8.64 1/2 CLOSE8.56 Up 26 1/4 CLOSE 8.82 1/2 Up 26 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JUL1+JUL1+AUG19 CK Low 2.00 10.56 388.011.95 10.78 395.91 CK High 2.10 10.66 391.692.01 10.84 398.12 CK Average 2.06 -0.6810.62 390.161.99 -0.8010.82 397.51 Essex Cty 2.10 10.66 391.692.00 10.83 397.75 Mdsx Low 2.00 10.56 388.011.96 10.79 396.28 Mdsx High 2.10 10.66 391.692.00 10.83 397.75 Mdsx Average 2.05 -0.6910.61 389.851.98 -0.8110.81 397.02 Hensall 2.05 10.61 389.851.98 10.80 396.83 Bruce 2.00 10.56 388.011.95 10.78 395.91 Putnam 2.10 10.66 391.692.00 10.83 397.75 Burford 2.05 10.61 389.852.01 10.84 398.12 Port Perry 2.02 10.58 388.751.98 10.81 397.02 Norfolk 2.05 10.61 389.852.00 10.83 397.75 Palmerston 2.00 10.56 388.012.00 10.83 397.75 Varna 2.00 10.56 388.011.95 10.78 395.91 Trenton 2.00 10.56 388.011.95 10.78 395.91 Winchester N/A 2.00 10.83 397.75 North Gower 1.99 10.55 387.652.10 10.93 401.43 Huron FOB 2.10 10.66 391.692.05 10.88 399.59 Kent FOB 2.30 10.86 399.042.00 10.83 397.75 Lambton FOB 2.30 10.86 399.042.15 10.98 403.26 Middlesex FOB2.23 2.30 2.36 N/A 10.79 396.462.15 10.98 403.26 PROCESSORS Windsor 2.71 11.27 414.102.40 11.23 412.45 TRANSFER Hamilton 2.60 11.16 410.062.45 11.28 414.29 Prescott N/A 2.40 11.23 412.45 Port Colborne N/A 2.49 11.32 415.76 Toledo El. -0.54 8.02 294.72-0.74 8.08 297.02 Exchange rate was 1.3479 up 0.0044 Chicago wheat closed moderately higher to higher. JUL19 HI 5.09 1/4 JUL19 HI 5.09 1/4 LOW 4.94 1/2 LOW 4.94 1/2 CLOSE 5.04 3/4 Up 15 1/4 CLOSE 5.04 3/4 Up 15 1/4 Minni wheat closed moderately higher. JUL19 HI 5.61 SEP19 HI 5.68 1/4 LOW 5.51 LOW 5.57 3/4 CLOSE 5.57 1/2 Up 9 1/2 CLOSE 5.64 3/4 Up 9 3/4 GFO Cash Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.76 1.82 1.62 1.00 CAD $/bu 6.80 6.87 6.67 6.57 CAD $/tonne 249.98 252.46 245.03 241.44 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 1.40 N/A London 1.54 1.95 1.48 N/A 1.60 1.93 1.53 N/A Hensall 1.65 N/A 1.45 N/A 1.65 N/A 1.45 N/A Trenton N/A N/A N/A N/A N/A N/A 1.35 N/A Bruce 1.60 1.80 1.45 N/A 1.60 1.75 1.40 1.10 Essex N/A N/A 1.40 N/A N/A N/A 1.40 N/A Norwich 1.65 N/A 1.45 N/A 1.65 N/A 1.45 N/A Port Hope N/A N/A N/A N/A N/A 1.75 1.40 N/A Kent Bridge 1.65 N/A 1.45 N/A 1.65 N/A 1.45 N/A Chatham N/A N/A 1.40 N/A N/A N/A 1.40 N/A Brigden N/A N/A 1.40 N/A N/A N/A 1.40 N/A Palmerston N/A 1.95 1.55 1.10 N/A 1.97 1.57 1.00 Varna 1.65 1.85 1.45 N/A 1.60 1.80 1.40 N/A Mitchell 1.65 1.80 1.45 N/A 1.65 1.80 1.45 N/A Thornton N/A N/A N/A 1.56 N/A N/A N/A N/A North Gower N/A 1.60 1.35 0.75 N/A 1.92 1.57 0.99 W O Feed 1.98 TERMINAL Port Colbor N/A N/A N/A N/A 1.95 2.28 1.81 N/A PROCESSORS Toledo FM N/A N/A 1.82 N/A N/A N/A 1.82 N/A Toledo El. 4.97US 6.70CA 4.97US 6.70CA GFO Contract Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.82 2.16 1.69 1.22 CAD $/bu 6.87 7.21 6.74 6.87 CAD $/tonne 252.46 264.84 247.51 252.46 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 490.32 DDG's FOB Srn & Aylm 205.00