FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, June 9

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, June 9 Exchange rate was 1.3392 up 0.0028 Chicago soybeans closed slightly lower. JUL20 HI 8.66 1/2 NOV20 HI 8.79 3/4 LOW 8.56 1/2 LOW 8.70 1/2 CLOSE8.63 1/4 Down 1 1/2 CLOSE 8.76 1/2 Down 1 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JUL2+AUG2+NOV20 CK Low 2.60 11.23 412.722.36 11.13 408.77 CK High 2.65 11.28 414.562.45 11.22 412.08 CK Average 2.64 -0.2111.27 414.252.43 -0.4111.19 411.22 Essex Cty 2.65 11.28 414.562.40 11.17 410.24 Mdsx Low 2.58 11.21 411.992.34 11.11 408.04 Mdsx High 2.65 11.28 414.562.45 11.22 412.08 Mdsx Average 2.62 -0.2311.25 413.272.40 -0.4311.16 410.06 Hensall 2.63 11.27 413.952.43 11.20 411.47 Bruce 2.65 11.28 414.562.45 11.22 412.08 Putnam 2.65 11.28 414.562.45 11.22 412.08 Burford 2.65 11.28 414.562.41 11.18 410.61 Port Perry 2.60 11.23 412.722.36 11.13 408.77 Norfolk 2.65 11.28 414.562.45 11.22 412.08 Palmerston 2.63 11.26 413.832.44 11.21 411.71 Varna 2.60 11.23 412.722.40 11.17 410.24 Trenton 2.60 11.23 412.722.40 11.17 410.24 Winchester 2.70 11.33 416.402.50 11.27 413.92 North Gower 2.50 11.13 409.052.45 11.22 412.08 Vankleek Hill N/A 2.50 11.27 413.92 Huron FOB 2.78 11.41 419.342.50 11.27 413.92 Kent FOB 2.90 11.53 423.752.45 11.22 412.08 Lambton FOB 2.75 11.38 418.242.45 11.22 412.08 Middlesex FOB2.77 2.84 N/A N/A 11.40 418.972.53 11.30 415.02 PROCESSORS Windsor 3.06 11.69 429.632.71 11.48 421.63 TRANSFER Hamilton 3.20 11.83 434.772.90 11.67 428.62 Prescott N/A 2.84 11.61 426.41 Port Colborne2.98 11.61 426.692.81 11.58 425.31 Toledo El. -0.11 8.53 313.25-0.40 8.36 307.29 Exchange rate was 1.3392 up 0.0028 Chicago wheat closed moderately lower. JUL20 HI 5.14 SEP20 HI 5.19 LOW 5.00 3/4 LOW 5.07 1/4 CLOSE 5.04 1/2 Down 7 CLOSE 5.10 3/4 Down 6 1/2 Minni wheat closed steady. JUL20 HI 5.25 SEP20 HI 5.37 1/4 LOW 5.19 LOW 5.31 1/2 CLOSE 5.24 1/4 Unchanged CLOSE 5.36 1/2 Unchanged GFO Cash Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.85 2.05 1.85 1.18 CAD $/bu 6.89 7.09 6.89 6.42 CAD $/tonne 253.18 260.56 253.18 235.83 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 1.09 N/A London 1.74 1.94 1.47 N/A 1.28 1.48 1.08 N/A Hensall 1.50 N/A 1.50 N/A 1.24 N/A 1.09 N/A Trenton N/A N/A N/A N/A N/A N/A 1.29 N/A Bruce 1.45 1.90 1.50 1.55 1.19 1.49 1.09 1.20 Essex N/A N/A 1.50 N/A N/A N/A 1.04 N/A Norwich 1.50 N/A 1.50 N/A 1.24 N/A 1.09 N/A Port Hope N/A N/A 1.50 N/A N/A N/A 1.24 N/A Kent Bridge 1.50 N/A 1.50 N/A 1.24 N/A 1.09 N/A Chatham N/A N/A N/A N/A N/A N/A 1.09 N/A Brigden N/A N/A N/A N/A N/A N/A 1.09 N/A Palmerston N/A 1.84 1.51 1.58 N/A 1.53 1.11 1.09 Varna 1.75 1.95 1.55 N/A 1.24 1.54 1.14 N/A Mitchell 1.50 1.65 1.50 N/A 1.24 1.44 1.09 N/A Thornton N/A N/A N/A 1.35 N/A N/A N/A N/A North Gower N/A 1.80 1.60 0.95 N/A 1.55 1.20 0.95 W O Feed 1.89 TERMINAL Port Colbor N/A N/A 1.81 N/A N/A N/A 1.41 N/A PROCESSORS Toledo FM N/A N/A 1.71 N/A N/A N/A 1.65 N/A Toledo El. 5.05US 6.76CA 5.05US 6.76CA GFO Contract Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.40 1.73 1.40 1.15 CAD $/bu 6.51 6.84 6.51 6.52 CAD $/tonne 239.09 251.40 239.09 239.46 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 481.83 DDG's FOB Srn & Aylm 225.00