FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, May 19

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, May 19 Exchange rate was 1.3866 down 0.0091 Chicago soybeans closed narrowly mixed. JUL20 HI 8.48 1/2 NOV20 HI 8.56 LOW 8.39 1/4 LOW 8.48 1/2 CLOSE8.42 1/2 Down 2 1/2 CLOSE 8.50 1/4 Down 2 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JUL2+JUL2+SEP20 CK Low 2.80 11.23 412.452.65 11.15 409.78 CK High 2.95 11.38 417.962.75 11.25 413.46 CK Average 2.89 -0.2711.31 415.632.72 -0.4111.22 412.17 Essex Cty 2.80 11.23 412.452.60 11.10 407.95 Mdsx Low 2.85 11.28 414.292.67 11.17 410.52 Mdsx High 2.90 11.33 416.122.75 11.25 413.46 Mdsx Average 2.88 -0.2811.30 415.202.71 -0.4211.21 411.99 Hensall 2.90 11.33 416.122.75 11.25 413.46 Bruce 2.90 11.33 416.122.75 11.25 413.46 Putnam 2.90 11.33 416.122.75 11.25 413.46 Burford 2.92 11.35 416.862.74 11.24 413.09 Port Perry 2.87 11.30 415.022.69 11.19 411.25 Norfolk 2.80 11.23 412.452.65 11.15 409.78 Palmerston 2.78 11.21 411.712.68 11.18 410.89 Varna 3.00 11.43 419.802.80 11.30 415.30 Trenton 2.95 11.38 417.962.75 11.25 413.46 Winchester 2.90 11.33 416.122.70 11.20 411.62 North Gower 2.85 11.28 414.292.71 11.21 411.99 Vankleek Hill N/A 2.74 11.24 413.09 Huron FOB 3.05 11.48 421.632.85 11.35 417.13 Kent FOB 3.10 11.53 423.472.75 11.25 413.46 Lambton FOB 3.20 11.63 427.152.80 11.30 415.30 Middlesex FOB3.04 3.04 N/A N/A 11.47 421.272.79 11.29 414.93 PROCESSORS Windsor 3.26 11.69 429.352.87 11.37 417.87 TRANSFER Hamilton 3.45 11.88 436.333.20 11.70 429.99 Prescott N/A 3.16 11.66 428.52 Port Colborne3.45 11.88 436.333.13 11.63 427.42 Toledo El. -0.14 8.29 304.47-0.42 8.09 297.13 Exchange rate was 1.3866 down 0.0091 Chicago wheat closed slightly higher. JUL20 HI 5.01 1/2 SEP20 HI 5.04 LOW 4.96 1/4 LOW 4.99 1/2 CLOSE 4.98 3/4 Up 1 3/4 CLOSE 5.01 1/2 Up 1 1/2 Minni wheat closed slightly higher. JUL20 HI 5.11 1/4 SEP20 HI 5.22 1/2 LOW 5.05 1/2 LOW 5.17 1/4 CLOSE 5.08 1/4 Up 3 1/2 CLOSE 5.19 3/4 Up 3 1/2 GFO Cash Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 2.07 2.27 2.07 1.34 CAD $/bu 7.05 7.26 7.05 6.42 CAD $/tonne 259.20 266.84 259.20 236.02 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 1.37 N/A London 1.96 2.23 1.75 N/A 1.51 1.72 1.23 N/A Hensall 1.85 N/A 1.85 N/A 1.52 N/A 1.37 N/A Trenton N/A N/A N/A N/A N/A N/A 1.47 N/A Bruce 1.65 2.15 1.75 1.80 1.37 1.72 1.32 1.30 Essex N/A N/A 1.75 N/A N/A N/A 1.27 N/A Norwich 1.85 N/A 1.85 N/A 1.52 N/A 1.37 N/A Port Hope N/A N/A 1.85 N/A N/A N/A 1.42 N/A Kent Bridge 1.85 N/A 1.85 N/A 1.52 N/A 1.37 N/A Chatham N/A N/A N/A N/A N/A N/A 1.32 N/A Brigden N/A N/A N/A N/A N/A N/A 1.32 N/A Palmerston N/A 2.15 1.60 1.77 N/A 1.74 1.26 1.26 Varna 2.05 2.25 1.85 N/A 1.47 1.77 1.37 N/A Mitchell 1.85 2.00 1.85 N/A 1.52 1.72 1.37 N/A Thornton N/A N/A N/A 1.67 N/A N/A N/A N/A North Gower N/A 2.10 1.90 1.05 N/A 1.85 1.40 1.10 W O Feed 2.23 TERMINAL Port Colbor N/A N/A 2.09 N/A N/A N/A 1.57 N/A PROCESSORS Toledo FM N/A N/A 1.93 N/A N/A N/A 1.90 N/A Toledo El. 4.99US 6.92CA 4.99US 6.91CA GFO Contract Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.59 1.94 1.59 1.18 CAD $/bu 6.61 6.95 6.61 6.38 CAD $/tonne 242.78 255.52 242.78 234.25 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 492.30 DDG's FOB Srn & Aylm -