FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, July 11

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, July 11 Exchange rate was 1.3057 up 0.0000 Chicago soybeans closed slightly higher. AUG19 HI 8.99 1/2 NOV19 HI 9.17 3/4 LOW 8.87 1/4 LOW 9.05 1/2 CLOSE8.99 Up 4 1/2 CLOSE 9.17 1/4 Up 4 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +AUG1+NOV1+NOV19 CK Low 2.15 11.14 409.321.95 11.12 408.68 CK High 2.15 11.14 409.322.00 11.17 410.52 CK Average 2.15 -0.4611.14 409.321.96 -0.6411.13 408.99 Essex Cty 2.20 11.19 411.161.95 11.12 408.68 Mdsx Low 2.10 11.09 407.491.90 11.07 406.84 Mdsx High 2.15 11.14 409.321.95 11.12 408.68 Mdsx Average 2.13 -0.4811.12 408.411.93 -0.6611.10 407.76 Hensall 2.13 11.12 408.411.93 11.10 407.76 Bruce 2.05 11.04 405.651.85 11.02 405.01 Putnam 2.15 11.14 409.321.95 11.12 408.68 Burford 2.15 11.14 409.321.95 11.12 408.68 Port Perry 2.12 11.11 408.221.92 11.09 407.58 Norfolk 2.15 11.14 409.321.95 11.12 408.68 Palmerston 2.05 11.04 405.651.90 11.07 406.84 Varna 2.10 11.09 407.491.90 11.07 406.84 Trenton 2.10 11.09 407.491.90 11.07 406.84 Winchester N/A 1.90 11.07 406.84 North Gower 2.05 11.04 405.652.00 11.17 410.52 Huron FOB 2.25 11.24 413.002.00 11.17 410.52 Kent FOB 2.40 11.39 418.511.95 11.12 408.68 Lambton FOB 2.25 11.24 413.001.95 11.12 408.68 Middlesex FOB2.32 2.39 2.17 N/A 11.31 415.572.03 11.20 411.62 PROCESSORS Windsor 2.83 11.82 434.312.29 11.46 421.17 TRANSFER Hamilton 2.65 11.64 427.702.40 11.57 425.22 Prescott N/A 2.45 11.62 427.05 Port Colborne N/A 2.34 11.51 423.01 Toledo El. -0.20 8.79 323.13-0.52 8.65 317.86 Exchange rate was 1.3057 up 0.0000 Chicago wheat closed higher. SEP19 HI 5.23 JUL10 HI 5.52 3/4 LOW 5.00 1/4 LOW 5.33 CLOSE 5.21 1/2 Up 16 3/4 CLOSE 5.51 3/4 Up 15 Minni wheat closed moderately higher to higher. SEP19 HI 5.44 3/4 SEP10 HI 5.88 LOW 5.24 1/4 LOW 5.75 1/4 CLOSE 5.41 1/4 Up 12 1/2 CLOSE 5.88 Up 9 3/4 GFO Cash Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.86 2.12 1.79 1.13 CAD $/bu 7.07 7.33 7.00 6.54 CAD $/tonne 259.78 269.38 257.38 240.47 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 1.65 1.91 1.52 N/A 1.29 1.42 1.10 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 1.65 1.95 1.55 1.20 1.35 1.50 1.10 N/A Essex N/A N/A 1.50 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 1.57 1.17 0.90 Varna 1.65 1.95 1.55 N/A 1.35 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 1.66 N/A N/A N/A N/A North Gower N/A 1.95 1.55 0.99 N/A 1.57 1.27 0.75 W O Feed 2.20 TERMINAL Port Colbor 1.99 2.25 1.86 N/A N/A N/A N/A N/A PROCESSORS Toledo FM N/A N/A 1.79 N/A N/A N/A N/A N/A Toledo El. 5.47US 7.14CA 5.47US 7.13CA GFO Contract Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.42 1.68 1.35 0.88 CAD $/bu 6.93 7.20 6.87 6.76 CAD $/tonne 254.81 264.39 252.41 248.22 (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 190.00