FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, September 13

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, September 13 Exchange rate was 1.3263 up 0.0066 Chicago soybeans closed steady to slightly higher. NOV19 HI 9.03 1/2 NOV19 HI 9.03 1/2 LOW 8.93 LOW 8.93 CLOSE8.98 3/4 Up 3 1/4 CLOSE 8.98 3/4 Up 3 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +NOV1+NOV1+JAN20 CK Low 2.00 10.99 403.722.00 10.99 403.72 CK High 2.10 11.09 407.402.10 11.09 407.40 CK Average 2.05 -0.6711.03 405.372.05 -0.6511.03 405.37 Essex Cty 2.10 11.09 407.402.10 11.09 407.40 Mdsx Low 2.00 10.99 403.722.00 10.99 403.72 Mdsx High 2.02 11.01 404.462.02 11.01 404.46 Mdsx Average 2.01 -0.7011.00 404.092.01 -0.6811.00 404.09 Hensall 2.05 11.04 405.562.05 11.04 405.56 Bruce 2.05 11.04 405.562.05 11.04 405.56 Putnam 2.00 10.99 403.722.00 10.99 403.72 Burford 2.07 11.06 406.292.07 11.06 406.29 Port Perry 2.04 11.03 405.192.04 11.03 405.19 Norfolk 2.10 11.09 407.402.10 11.09 407.40 Palmerston 2.00 10.99 403.722.00 10.99 403.72 Varna 2.10 11.09 407.402.10 11.09 407.40 Trenton 2.00 10.99 403.722.00 10.99 403.72 Winchester N/A 2.10 11.09 407.40 North Gower 2.10 11.09 407.402.10 11.09 407.40 Huron FOB 2.20 11.19 411.072.20 11.19 411.07 Kent FOB 2.20 11.19 411.072.10 11.09 407.40 Lambton FOB 2.05 11.04 405.562.10 11.09 407.40 Middlesex FOB2.24 2.24 N/A N/A 11.23 412.542.24 11.23 412.54 PROCESSORS Windsor 2.68 11.67 428.712.57 11.56 424.67 TRANSFER Hamilton 2.55 11.54 423.932.55 11.54 423.93 Prescott N/A 2.30 11.29 414.74 Port Colborne N/A 2.62 11.61 426.50 Toledo El. -0.42 8.56 314.64-0.42 8.56 314.67 Exchange rate was 1.3263 up 0.0066 Chicago wheat closed narrowly mixed. DEC19 HI 4.91 JUL20 HI 5.03 1/4 LOW 4.80 1/2 LOW 4.94 CLOSE 4.83 1/2 Down 1/4 CLOSE 4.97 1/2 Up 1 1/4 Minni wheat closed slightly lower. DEC19 HI 5.10 SEP20 HI 5.57 1/2 LOW 5.02 1/4 LOW 5.52 CLOSE 5.05 1/2 Down 1 3/4 CLOSE 5.54 Down 1 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 2.04 2.31 1.98 1.25 CAD $/bu 6.88 7.14 6.81 6.31 CAD $/tonne 252.69 262.44 250.25 231.73 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 1.10 N/A London 1.69 1.96 1.63 N/A 1.28 1.47 1.14 N/A Hensall 1.70 N/A 1.60 N/A 1.30 N/A 1.10 N/A Trenton N/A N/A 1.65 N/A N/A N/A 1.30 N/A Bruce 1.70 2.00 1.60 1.45 1.35 1.55 1.15 1.00 Essex N/A N/A 1.60 N/A N/A N/A 1.15 N/A Norwich 1.70 N/A 1.60 N/A 1.30 N/A 1.10 N/A Port Hope N/A N/A 1.70 N/A N/A N/A 1.30 N/A Kent Bridge 1.70 N/A 1.60 N/A 1.30 N/A 1.10 N/A Chatham N/A N/A 1.60 N/A N/A N/A 1.15 N/A Brigden N/A N/A 1.60 N/A N/A N/A 1.15 N/A Palmerston N/A N/A 1.65 1.39 N/A N/A 1.11 N/A Varna 1.70 2.00 1.60 N/A 1.35 1.55 1.15 N/A Mitchell 1.70 1.90 1.60 N/A 1.30 1.50 1.10 N/A Thornton N/A N/A N/A 1.42 N/A N/A N/A N/A North Gower N/A 2.10 1.80 1.12 N/A 1.67 1.37 0.85 W O Feed 2.21 TERMINAL Port Colbor 2.03 2.29 1.96 N/A N/A N/A N/A N/A PROCESSORS Toledo FM N/A N/A 1.91 N/A N/A N/A N/A N/A Toledo El. 5.02US 6.65CA 4.98US 6.59CA GFO Contract Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.54 1.81 1.48 1.00 CAD $/bu 6.52 6.78 6.45 6.54 CAD $/tonne 239.56 249.29 237.13 240.29 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 482.71 DDG's FOB Srn & Aylm 205.00 - 210.00