FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, July 5

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, July 5 Exchange rate was 1.3068 up 0.0020 Chicago soybeans closed moderately lower. AUG19 HI 8.89 1/2 NOV19 HI 9.08 1/4 LOW 8.74 1/2 LOW 8.93 CLOSE8.76 Down 13 3/4 CLOSE 8.94 1/2 Down 14 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +AUG1+NOV1+NOV19 CK Low 2.05 10.81 397.201.90 10.85 398.49 CK High 2.10 10.86 399.042.00 10.95 402.16 CK Average 2.08 -0.4710.84 398.121.95 -0.6010.90 400.38 Essex Cty 2.15 10.91 400.871.95 10.90 400.32 Mdsx Low 2.00 10.76 395.361.90 10.85 398.49 Mdsx High 2.05 10.81 397.201.91 10.86 398.85 Mdsx Average 2.03 -0.5110.79 396.281.91 -0.6310.85 398.67 Hensall 2.05 10.81 397.201.90 10.85 398.49 Bruce 2.00 10.76 395.361.85 10.80 396.65 Putnam 2.05 10.81 397.201.90 10.85 398.49 Burford 2.05 10.81 397.201.96 10.91 400.69 Port Perry 2.02 10.78 396.101.93 10.88 399.59 Norfolk 2.10 10.86 399.041.95 10.90 400.32 Palmerston 2.15 10.91 400.871.95 10.90 400.32 Varna 2.05 10.81 397.201.90 10.85 398.49 Trenton 2.15 10.91 400.871.95 10.90 400.32 Winchester N/A 1.90 10.85 398.49 North Gower 2.05 10.81 397.202.00 10.95 402.16 Huron FOB 2.25 11.01 404.552.05 11.00 404.00 Kent FOB 2.30 11.06 406.391.95 10.90 400.32 Lambton FOB 2.30 11.06 406.391.95 10.90 400.32 Middlesex FOB2.25 2.32 N/A N/A 11.01 404.552.04 10.99 403.63 PROCESSORS Windsor 2.51 11.27 414.102.17 11.12 408.41 TRANSFER Hamilton 2.55 11.31 415.572.40 11.35 416.86 Prescott N/A 2.45 11.40 418.69 Port Colborne N/A 2.35 11.30 415.02 Toledo El. -0.20 8.56 314.67-0.65 8.29 304.69 Exchange rate was 1.3068 up 0.0020 Chicago wheat closed narrowly mixed. SEP19 HI 5.17 JUL10 HI 5.42 3/4 LOW 5.05 1/4 LOW 5.36 1/4 CLOSE 5.15 Up 1 CLOSE 5.41 1/4 Down 2 3/4 Minni wheat closed slightly to moderately lower. SEP19 HI 5.39 SEP10 HI 5.85 LOW 5.31 1/4 LOW 5.83 CLOSE 5.33 1/4 Down 6 3/4 CLOSE 5.83 Down 5 GFO Cash Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.84 2.10 1.71 1.11 CAD $/bu 6.99 7.25 6.86 6.45 CAD $/tonne 256.88 266.48 252.08 236.84 Direct MarkHarvest 2019 Harvest 2020 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 1.55 N/A N/A N/A 1.15 N/A London 1.56 1.89 1.56 N/A 0.80 1.32 1.00 N/A Hensall 1.65 N/A 1.55 N/A 1.35 N/A 1.15 N/A Trenton N/A N/A 1.60 N/A N/A N/A 1.15 N/A Bruce 1.60 1.95 1.55 1.20 1.30 1.50 1.10 N/A Essex N/A N/A 1.55 N/A N/A N/A 1.05 N/A Norwich 1.65 N/A 1.55 N/A 1.35 N/A 1.15 N/A Port Hope N/A 1.90 1.60 N/A N/A 1.50 1.15 N/A Kent Bridge 1.65 N/A 1.55 N/A 1.35 N/A 1.15 N/A Chatham N/A N/A 1.55 N/A N/A N/A 1.05 N/A Brigden N/A N/A 1.55 N/A N/A N/A 1.05 N/A Palmerston N/A 1.95 1.55 1.20 N/A 1.56 1.16 0.90 Varna 1.65 1.95 1.55 N/A 1.30 1.50 1.10 N/A Mitchell 1.65 1.90 1.55 N/A 1.35 1.50 1.15 N/A Thornton N/A N/A N/A 1.71 N/A N/A N/A N/A North Gower N/A 2.05 1.65 1.10 N/A 1.56 1.26 0.80 W O Feed 2.25 TERMINAL Port Colbor 1.90 2.23 1.90 N/A N/A N/A N/A N/A PROCESSORS Toledo FM N/A N/A 1.71 N/A N/A N/A N/A N/A Toledo El. 5.40US 7.06CA 5.36US 7.00CA GFO Contract Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.39 1.65 1.33 0.87 CAD $/bu 6.80 7.06 6.74 6.70 CAD $/tonne 249.97 259.56 247.57 246.01 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 493.62 DDG's FOB Srn & Aylm 190.00 - 200.00