FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, May 31

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, May 31 Exchange rate was 1.3526 up 0.0020 Chicago soybeans closed slightly to moderately lower. JUL19 HI 8.90 3/4 NOV19 HI 9.17 1/4 LOW 8.76 1/2 LOW 9.03 1/2 CLOSE8.77 3/4 Down 11 1/4 CLOSE 9.04 3/4 Down 10 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JUL1+AUG1+NOV19 CK Low 2.30 11.08 407.032.20 11.25 413.27 CK High 2.30 11.08 407.032.25 11.30 415.11 CK Average 2.30 -0.5911.08 407.032.22 -0.7211.26 413.89 Essex Cty 2.30 11.08 407.032.20 11.25 413.27 Mdsx Low 2.25 11.03 405.192.20 11.25 413.27 Mdsx High 2.30 11.08 407.032.20 11.25 413.27 Mdsx Average 2.28 -0.6111.05 406.112.20 -0.7311.25 413.27 Hensall 2.30 11.08 407.032.20 11.25 413.27 Bruce 2.30 11.08 407.032.20 11.25 413.27 Putnam 2.30 11.08 407.032.20 11.25 413.27 Burford 2.30 11.08 407.032.25 11.30 415.11 Port Perry 2.27 11.05 405.932.22 11.27 414.01 Norfolk 2.30 11.08 407.032.20 11.25 413.27 Palmerston 2.20 10.98 403.352.15 11.20 411.44 Varna 2.30 11.08 407.032.20 11.25 413.27 Trenton 2.20 10.98 403.352.15 11.20 411.44 Winchester N/A 2.20 11.25 413.27 North Gower 1.99 10.77 395.642.18 11.23 412.54 Huron FOB 2.45 11.23 412.542.30 11.35 416.95 Kent FOB 2.55 11.33 416.212.20 11.25 413.27 Lambton FOB 2.55 11.33 416.212.30 11.35 416.95 Middlesex FOB2.46 2.52 N/A N/A 11.24 412.912.30 11.35 416.95 PROCESSORS Windsor 2.76 11.54 423.932.52 11.57 425.03 TRANSFER Hamilton 2.85 11.63 427.242.65 11.70 429.81 Prescott N/A 2.55 11.60 426.14 Port Colborne N/A 2.69 11.74 431.28 Toledo El. -0.47 8.30 305.12-0.74 8.30 305.10 Exchange rate was 1.3526 up 0.0020 Chicago wheat closed moderately lower to lower. JUL19 HI 5.20 JUL19 HI 5.20 LOW 5.00 3/4 LOW 5.00 3/4 CLOSE 5.03 Down 11 1/2 CLOSE 5.03 Down 11 1/2 Minni wheat closed moderately lower. JUL19 HI 5.67 1/2 SEP19 HI 5.76 1/4 LOW 5.50 1/4 LOW 5.59 1/4 CLOSE 5.52 Down 11 1/2 CLOSE 5.61 Down 11 GFO Cash Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.77 1.84 1.64 1.00 CAD $/bu 6.80 6.87 6.67 6.52 CAD $/tonne 249.99 252.48 245.02 239.56 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 1.50 N/A N/A N/A 1.50 N/A London 1.57 1.97 1.50 N/A 1.62 1.96 1.56 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 1.50 N/A Bruce 1.60 1.95 1.50 N/A 1.60 1.90 1.50 1.10 Essex N/A N/A 1.55 N/A N/A N/A 1.55 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 1.80 1.50 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 1.55 N/A N/A N/A 1.55 N/A Brigden N/A N/A 1.55 N/A N/A N/A 1.55 N/A Palmerston N/A 1.95 1.55 1.10 N/A 1.97 1.57 1.00 Varna 1.75 1.95 1.55 N/A 1.65 1.90 1.55 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 1.63 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 2.10 TERMINAL Port Colbor N/A N/A N/A N/A 1.97 2.30 1.83 N/A PROCESSORS Toledo FM N/A N/A 1.84 N/A N/A N/A 1.84 N/A Toledo El. 4.95US 6.70CA 4.95US 6.70CA GFO Contract Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.91 2.25 1.77 1.30 CAD $/bu 6.94 7.28 6.80 6.91 CAD $/tonne 254.96 267.39 249.99 253.97 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 499.69 DDG's FOB Srn & Aylm 205.00