FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, February 11

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, February 11 Exchange rate was 1.3293 down 0.0027 Chicago soybeans closed steady to slightly higher. MAR20 HI 8.89 NOV20 HI 9.22 1/4 LOW 8.78 LOW 9.13 3/4 CLOSE8.84 3/4 Up 1/2 CLOSE 9.19 1/4 Unchanged OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +MAR2+MAY2+MAY20 CK Low 2.45 11.30 415.112.24 11.43 420.07 CK High 2.45 11.30 415.112.25 11.44 420.44 CK Average 2.45 -0.3511.30 415.112.25 -0.5811.44 420.38 Essex Cty 2.45 11.30 415.112.25 11.44 420.44 Mdsx Low 2.45 11.30 415.112.22 11.41 419.34 Mdsx High 2.46 11.31 415.482.25 11.44 420.44 Mdsx Average 2.46 -0.3511.30 415.302.24 -0.5911.43 419.89 Hensall 2.45 11.30 415.112.25 11.44 420.44 Bruce 2.45 11.30 415.112.25 11.44 420.44 Putnam 2.45 11.30 415.112.25 11.44 420.44 Burford 2.53 11.38 418.052.29 11.48 421.91 Port Perry 2.45 11.30 415.112.21 11.40 418.97 Norfolk 2.45 11.30 415.112.30 11.49 422.28 Palmerston 2.38 11.23 412.542.22 11.41 419.34 Varna 2.45 11.30 415.112.25 11.44 420.44 Trenton 2.45 11.30 415.112.25 11.44 420.44 Winchester 2.45 11.30 415.112.32 11.51 423.01 North Gower 2.39 11.24 412.912.33 11.52 423.38 Huron FOB 2.60 11.45 420.622.35 11.54 424.11 Kent FOB 2.65 11.50 422.462.25 11.44 420.44 Lambton FOB 2.65 11.50 422.462.45 11.64 427.79 Middlesex FOB2.65 2.65 N/A N/A 11.50 422.462.35 11.54 424.11 PROCESSORS Windsor 2.98 11.83 434.592.56 11.75 431.83 TRANSFER Hamilton 3.00 11.85 435.322.75 11.94 438.81 Prescott N/A 2.60 11.79 433.30 Port Colborne2.72 11.57 425.032.76 11.95 439.18 Toledo El. 0.00 8.85 325.09-0.40 8.79 323.12 Exchange rate was 1.3293 down 0.0027 Chicago wheat closed slightly to moderately lower. MAR20 HI 5.51 3/4 JUL20 HI 5.53 3/4 LOW 5.39 LOW 5.42 1/4 CLOSE 5.42 Down 10 CLOSE 5.44 3/4 Down 7 3/4 Minni wheat closed slightly lower. MAR20 HI 5.34 3/4 SEP20 HI 5.60 3/4 LOW 5.30 LOW 5.57 CLOSE 5.31 1/4 Down 2 1/2 CLOSE 5.58 1/2 Down 1 3/4 GFO Cash Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 2.05 2.25 2.05 1.35 CAD $/bu 7.47 7.67 7.47 6.66 CAD $/tonne 274.51 281.84 274.51 244.84 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 N/A N/A N/A N/A 1.30 N/A London 1.97 2.37 1.90 N/A 1.50 1.76 1.30 N/A Hensall 1.90 N/A 1.90 N/A 1.50 N/A 1.30 N/A Trenton N/A N/A N/A N/A N/A N/A 1.30 N/A Bruce 1.90 2.15 1.90 1.85 1.50 1.70 1.30 1.25 Essex N/A N/A 1.90 N/A N/A N/A 1.30 N/A Norwich 1.90 N/A 1.90 N/A 1.50 N/A 1.30 N/A Port Hope N/A N/A 1.80 N/A N/A N/A 1.30 N/A Kent Bridge 1.90 N/A 1.90 N/A 1.50 N/A 1.30 N/A Chatham N/A N/A 1.90 N/A N/A N/A 1.30 N/A Brigden N/A N/A 1.90 N/A N/A N/A 1.30 N/A Palmerston N/A N/A 1.85 1.82 N/A N/A 1.29 1.24 Varna 1.95 2.15 1.90 N/A 1.50 1.70 1.30 N/A Mitchell 1.90 2.15 1.90 N/A 1.50 1.65 1.30 N/A Thornton N/A N/A N/A 2.02 N/A N/A N/A N/A North Gower N/A 2.00 1.85 1.00 N/A 1.87 1.62 0.95 W O Feed 2.42 TERMINAL Port Colbor N/A N/A 2.30 N/A N/A N/A 1.70 N/A PROCESSORS Toledo FM N/A N/A 2.12 N/A N/A N/A 1.92 N/A Toledo El. 5.57US 7.40CA 5.55US 7.37CA GFO Contract Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.59 1.86 1.59 1.11 CAD $/bu 7.04 7.31 7.04 6.69 CAD $/tonne 258.67 268.44 258.67 245.85 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 434.10 DDG's FOB Srn & Aylm 230.00 - 235.00