FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, March 12

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, March 12 Exchange rate was 1.3832 up 0.0066 Chicago soybeans closed moderately lower. MAY20 HI 8.72 3/4 NOV20 HI 8.86 1/4 LOW 8.52 1/4 LOW 8.66 CLOSE8.59 1/2 Down 13 3/4 CLOSE 8.73 Down 13 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +MAY2+MAY2+JUL20 CK Low 2.75 11.35 416.862.55 11.28 414.47 CK High 2.84 11.44 420.162.62 11.35 417.04 CK Average 2.80 -0.3611.39 418.632.60 -0.5411.33 416.12 Essex Cty 2.75 11.35 416.862.55 11.28 414.47 Mdsx Low 2.80 11.40 418.692.60 11.33 416.31 Mdsx High 2.85 11.45 420.532.60 11.33 416.31 Mdsx Average 2.83 -0.3411.42 419.612.60 -0.5411.33 416.31 Hensall 2.80 11.40 418.692.60 11.33 416.31 Bruce 2.80 11.40 418.692.60 11.33 416.31 Putnam 2.80 11.40 418.692.60 11.33 416.31 Burford 2.92 11.52 423.102.67 11.40 418.88 Port Perry 2.84 11.44 420.162.59 11.32 415.94 Norfolk 2.75 11.35 416.862.55 11.28 414.47 Palmerston 2.79 11.39 418.332.51 11.24 413.00 Varna 2.80 11.40 418.692.60 11.33 416.31 Trenton 2.80 11.40 418.692.60 11.33 416.31 Winchester 2.80 11.40 418.692.60 11.33 416.31 North Gower 2.70 11.30 415.022.55 11.28 414.47 Huron FOB 3.00 11.60 426.042.70 11.43 419.98 Kent FOB 2.95 11.55 424.212.55 11.28 414.47 Lambton FOB 3.00 11.60 426.042.80 11.53 423.65 Middlesex FOB3.00 3.00 N/A N/A 11.60 426.042.68 11.41 419.25 PROCESSORS Windsor 3.28 11.88 436.332.85 11.58 425.49 TRANSFER Hamilton 3.40 12.00 440.743.05 11.78 432.84 Prescott N/A 2.85 11.58 425.49 Port Colborne3.20 11.80 433.393.09 11.82 434.31 Toledo El. 0.04 8.64 317.34-0.41 8.32 305.53 Exchange rate was 1.3832 up 0.0066 Chicago wheat closed moderately lower. MAY20 HI 5.10 3/4 JUL20 HI 5.11 1/4 LOW 4.97 1/4 LOW 4.98 3/4 CLOSE 5.05 1/2 Down 7 1/4 CLOSE 5.06 3/4 Down 6 1/2 Minni wheat closed slightly lower. MAY20 HI 5.12 1/2 SEP20 HI 5.33 3/4 LOW 5.03 LOW 5.25 3/4 CLOSE 5.09 Down 3 CLOSE 5.30 3/4 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 2.21 2.42 2.21 1.54 CAD $/bu 7.27 7.48 7.27 6.63 CAD $/tonne 267.08 274.71 267.08 243.45 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 1.40 N/A London 2.03 2.31 1.90 N/A 1.56 1.84 1.35 N/A Hensall 1.95 N/A 1.95 N/A 1.60 N/A 1.40 N/A Trenton N/A N/A N/A N/A N/A N/A 1.30 N/A Bruce 2.00 2.20 2.00 1.95 1.60 1.80 1.40 1.40 Essex N/A N/A 2.00 N/A N/A N/A 1.40 N/A Norwich 1.95 N/A 1.95 N/A 1.60 N/A 1.40 N/A Port Hope N/A N/A 1.85 N/A N/A N/A 1.35 N/A Kent Bridge 1.95 N/A 1.95 N/A 1.60 N/A 1.40 N/A Chatham N/A N/A 2.00 N/A N/A N/A 1.40 N/A Brigden N/A N/A 2.00 N/A N/A N/A 1.40 N/A Palmerston N/A 2.48 2.07 2.01 N/A 1.82 1.41 1.41 Varna 2.05 2.20 1.95 N/A 1.60 1.80 1.40 N/A Mitchell 1.95 2.20 1.95 N/A 1.60 1.75 1.40 N/A Thornton N/A N/A N/A 1.95 N/A N/A N/A N/A North Gower N/A 2.10 2.00 1.00 N/A 1.92 1.67 1.10 W O Feed 2.55 TERMINAL Port Colbor N/A N/A 2.37 N/A N/A N/A 1.76 N/A PROCESSORS Toledo FM N/A N/A 2.28 N/A N/A N/A 2.08 N/A Toledo El. 5.21US 7.20CA 5.17US 7.15CA GFO Contract Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.73 2.01 1.73 1.27 CAD $/bu 6.80 7.08 6.80 6.58 CAD $/tonne 249.91 260.08 249.91 241.78 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 481.50 DDG's FOB Srn & Aylm 240.00 - 250.00