FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, June 16

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, June 16 Exchange rate was 1.3561 up 0.0001 Chicago soybeans closed slightly lower. JUL20 HI 8.73 NOV20 HI 8.79 3/4 LOW 8.64 3/4 LOW 8.72 1/4 CLOSE8.67 Down 2 CLOSE 8.73 Down 3 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL20+AUG20+NOV20 CK Low 2.75 11.42 419.61 2.49 11.22 412.26 CK High 2.80 11.47 421.45 2.55 11.28 414.47 CK Average 2.76 -0.24 11.43 420.04 2.52 -0.44 11.25 413.18 Essex Cty 2.75 11.42 419.61 2.50 11.23 412.63 Mdsx Low 2.75 11.42 419.61 2.47 11.20 411.53 Mdsx High 2.75 11.42 419.61 2.50 11.23 412.63 Mdsx Average2.75 -0.25 11.42 419.61 2.49 -0.46 11.22 412.08 Hensall 2.75 11.42 419.61 2.53 11.26 413.86 Bruce 2.75 11.42 419.61 2.55 11.28 414.47 Putnam 2.75 11.42 419.61 2.50 11.23 412.63 Burford 2.82 11.49 422.19 2.54 11.27 414.10 Port Perry 2.77 11.44 420.35 2.49 11.22 412.26 Norfolk 2.75 11.42 419.61 2.55 11.28 414.47 Palmerston 2.61 11.28 414.47 2.44 11.17 410.43 Varna 2.75 11.42 419.61 2.55 11.28 414.47 Trenton 2.75 11.42 419.61 2.55 11.28 414.47 Winchester 2.75 11.42 419.61 2.55 11.28 414.47 North Gower 2.72 11.39 418.51 2.55 11.28 414.47 Vankleek Hil N/A 2.50 11.23 412.63 Huron FOB 2.88 11.55 424.39 2.58 11.31 415.57 Kent FOB 2.95 11.62 426.96 2.50 11.23 412.63 Lambton FOB 3.00 11.67 428.80 2.70 11.43 419.98 Mdsx FOB 2.94 3.00 N/A N/A 11.61 426.59 2.62 11.35 417.04 PROCESSORS Windsor 3.23 11.90 437.25 2.84 11.57 425.12 TRANSFER Hamilton 3.30 11.97 439.82 3.00 11.73 431.00 Prescott N/A 2.84 11.57 425.12 Port Colborn3.08 11.75 431.74 2.90 11.63 427.33 Toledo El. -0.11 8.56 314.58 -0.34 8.39 308.32 Exchange rate was 1.3561 up 0.0001 Chicago wheat closed moderately lower. JUL20 HI 5.07 1/4 SEP20 HI 5.12 1/4 LOW 4.91 LOW 4.96 1/4 CLOSE 4.96 Down 8 3/4 CLOSE 5.01 1/4 Down 8 1/2 Minni wheat closed slightly lower to steady. JUL20 HI 5.19 SEP20 HI 5.30 3/4 LOW 5.11 1/2 LOW 5.22 1/4 CLOSE 5.15 Unchanged CLOSE 5.26 1/4 Down 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.90 2.11 1.90 1.22 CAD $/bu 6.86 7.07 6.86 6.37 CAD $/tonne 252.13 259.61 252.13 234.20 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 1.10 N/A London 1.78 1.98 1.37 N/A 1.32 1.53 1.12 N/A Hensall 1.50 N/A 1.50 N/A 1.25 N/A 1.10 N/A Trenton N/A N/A N/A N/A N/A N/A 1.20 N/A Bruce 1.45 1.90 1.50 1.55 1.20 1.50 1.10 1.20 Essex N/A N/A 1.50 N/A N/A N/A 1.05 N/A Norwich 1.50 N/A 1.50 N/A 1.25 N/A 1.10 N/A Port Hope N/A N/A 1.50 N/A N/A N/A 1.20 N/A Kent Bridge 1.50 N/A 1.50 N/A 1.25 N/A 1.10 N/A Chatham N/A N/A N/A N/A N/A N/A 1.10 N/A Brigden N/A N/A N/A N/A N/A N/A 1.10 N/A Palmerston N/A 1.89 1.55 1.61 N/A 1.57 1.15 1.11 Varna 1.70 1.90 1.50 N/A 1.20 1.50 1.10 N/A Mitchell 1.50 1.65 1.50 N/A 1.25 1.45 1.10 N/A Thornton N/A N/A N/A 1.39 N/A N/A N/A N/A North Gower N/A 1.80 1.60 0.90 N/A 1.55 1.32 1.05 W O Feed 1.94 TERMINAL Port Colbor N/A N/A 1.71 N/A N/A N/A 1.46 N/A PROCESSORS Toledo FM N/A N/A 1.77 N/A N/A N/A 1.72 N/A Toledo El. 4.96US 6.73CA 4.96US 6.73CA GFO Contract Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.45 1.79 1.45 1.20 CAD $/bu 6.46 6.80 6.46 6.46 CAD $/tonne 237.31 249.77 237.31 237.31 (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 225.00