FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, July 31

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, July 31 Exchange rate was 1.3175 up 0.0031 Chicago soybeans closed slightly to moderately lower. NOV19 HI 9.00 NOV19 HI 9.00 LOW 8.80 LOW 8.80 CLOSE8.81 1/2 Down 15 1/4 CLOSE 8.81 1/2 Down 15 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +NOV1+NOV1+NOV19 CK Low 2.05 10.87 399.221.95 10.77 395.55 CK High 2.12 10.94 401.792.03 10.85 398.49 CK Average 2.09 -0.5410.90 400.572.00 -0.6010.81 397.26 Essex Cty 2.15 10.97 402.891.95 10.77 395.55 Mdsx Low 2.07 10.89 399.961.98 10.80 396.65 Mdsx High 2.10 10.92 401.062.00 10.82 397.38 Mdsx Average 2.09 -0.5410.90 400.511.99 -0.6110.81 397.02 Hensall 2.08 10.89 400.141.98 10.79 396.46 Bruce 2.05 10.87 399.221.95 10.77 395.55 Putnam 2.10 10.92 401.062.00 10.82 397.38 Burford 2.12 10.94 401.792.03 10.85 398.49 Port Perry 2.09 10.91 400.692.00 10.82 397.38 Norfolk 2.05 10.87 399.221.95 10.77 395.55 Palmerston 2.03 10.85 398.492.05 10.87 399.22 Varna 2.13 10.95 402.162.00 10.82 397.38 Trenton 2.10 10.92 401.062.00 10.82 397.38 Winchester N/A 2.08 10.90 400.32 North Gower 1.87 10.69 392.612.05 10.87 399.22 Huron FOB 2.15 10.97 402.892.05 10.87 399.22 Kent FOB 2.25 11.07 406.571.95 10.77 395.55 Lambton FOB 2.40 11.22 412.082.15 10.97 402.89 Middlesex FOB2.23 2.30 N/A N/A 11.05 405.832.02 10.84 398.12 PROCESSORS Windsor 2.52 11.34 416.492.32 11.14 409.14 TRANSFER Hamilton 2.60 11.42 419.432.40 11.22 412.08 Prescott N/A 2.45 11.27 413.92 Port Colborne N/A 2.43 11.25 413.18 Toledo El. -0.26 8.55 314.21-0.53 8.29 304.55 Exchange rate was 1.3175 up 0.0031 Chicago wheat closed slightly to moderately lower. SEP19 HI 5.00 1/2 JUL10 HI 5.22 1/4 LOW 4.84 1/2 LOW 5.10 CLOSE 4.87 1/4 Down 10 CLOSE 5.14 1/4 Down 6 Minni wheat closed slightly to moderately lower. SEP19 HI 5.28 3/4 SEP10 HI 5.75 LOW 5.18 3/4 LOW 5.73 CLOSE 5.19 1/2 Down 9 1/4 CLOSE 5.73 1/4 Down 4 GFO Cash Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 2.01 2.27 1.94 1.25 CAD $/bu 6.88 7.14 6.81 6.45 CAD $/tonne 252.82 262.51 250.40 236.97 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 1.60 N/A N/A N/A 1.15 N/A London 1.71 1.97 1.64 N/A 1.32 1.45 1.12 N/A Hensall 1.70 N/A 1.60 N/A 1.35 N/A 1.15 N/A Trenton N/A N/A 1.65 N/A N/A N/A 1.15 N/A Bruce 1.70 1.95 1.60 1.20 1.35 1.55 1.15 N/A Essex N/A N/A 1.50 N/A N/A N/A 1.05 N/A Norwich 1.70 N/A 1.60 N/A 1.35 N/A 1.15 N/A Port Hope N/A 1.90 1.65 N/A N/A 1.50 1.15 N/A Kent Bridge 1.70 N/A 1.60 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 1.60 1.20 N/A 1.57 1.22 0.90 Varna 1.70 1.95 1.60 N/A 1.35 1.55 1.15 N/A Mitchell 1.70 1.90 1.60 N/A 1.35 1.50 1.15 N/A Thornton N/A N/A N/A 1.53 N/A N/A N/A N/A North Gower N/A 2.05 1.85 1.10 N/A 1.57 1.47 0.90 W O Feed 2.17 TERMINAL Port Colbor 2.05 2.31 1.91 N/A N/A N/A N/A N/A PROCESSORS Toledo FM N/A N/A 1.81 N/A N/A N/A N/A N/A Toledo El. 5.07US 6.68CA 5.09US 6.70CA GFO Contract Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.56 1.82 1.49 1.02 CAD $/bu 6.70 6.97 6.64 6.76 CAD $/tonne 246.27 255.94 243.85 248.21 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 473.45 DDG's FOB Srn & Aylm 190.00