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

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, June 19 Exchange rate was 1.3257 up 0.0042 Chicago soybeans closed slightly to moderately lower. JUL18 HI 9.05 3/4 NOV18 HI 9.29 LOW 8.41 1/2 LOW 8.64 1/2 CLOSE8.89 Down 19 1/2 CLOSE 9.11 Down 20 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JUL1+AUG1+NOV18 CK Low 2.40 11.29 414.842.35 11.46 421.08 CK High 2.50 11.39 418.512.40 11.51 422.92 CK Average 2.45 -0.3411.34 416.672.39 -0.4511.50 422.55 Essex Cty 2.45 11.34 416.672.30 11.41 419.25 Mdsx Low 2.45 11.34 416.672.39 11.50 422.55 Mdsx High 2.50 11.39 418.512.40 11.51 422.92 Mdsx Average 2.48 -0.3211.37 417.592.40 -0.4511.51 422.74 Hensall 2.45 11.34 416.672.40 11.51 422.92 Bruce 2.45 11.34 416.672.40 11.51 422.92 Putnam 2.45 11.34 416.672.40 11.51 422.92 Burford 2.57 11.46 421.082.46 11.57 425.12 Port Perry 2.47 11.36 417.412.36 11.47 421.45 Norfolk 2.45 11.34 416.672.40 11.51 422.92 Palmerston 2.45 11.34 416.672.40 11.51 422.92 Varna 2.45 11.34 416.672.40 11.51 422.92 Trenton 2.40 11.29 414.842.40 11.51 422.92 Winchester 2.29 11.18 410.792.36 11.47 421.45 North Gower 2.45 11.34 416.672.56 11.67 428.80 Huron FOB 2.55 11.44 420.352.50 11.61 426.59 Kent FOB 2.60 11.49 422.192.40 11.51 422.92 Lambton FOB 2.60 11.49 422.192.50 11.61 426.59 Middlesex FOB2.73 2.80 2.74 N/A 11.62 426.962.69 11.80 433.58 PROCESSORS Windsor 2.98 11.87 436.152.72 11.83 434.68 TRANSFER Hamilton N/A 2.70 11.81 433.94 Prescott 2.31 11.20 411.532.75 11.86 435.78 Toledo El. -0.20 8.69 319.34-0.40 8.71 320.09 Exchange rate was 1.3257 up 0.0042 Chicago wheat closed lower. JUL18 HI 4.90 1/2 JUL18 HI 4.90 1/2 LOW 4.67 1/2 LOW 4.67 1/2 CLOSE 4.77 3/4 Down 12 1/4 CLOSE 4.77 3/4 Down 12 1/4 Minni wheat closed moderately lower to lower. JUL18 HI 5.63 3/4 SEP18 HI 5.73 1/2 LOW 5.41 3/4 LOW 5.54 3/4 CLOSE 5.49 1/2 Down 14 1/4 CLOSE 5.60 1/2 Down 11 1/2 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.45 1.38 1.18 0.33 CAD $/bu 6.23 6.16 5.96 5.83 CAD $/tonne 228.83 226.39 219.08 214.09 Direct MarkHarvest 2017 Harvest 2018 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 1.05 N/A N/A N/A 1.10 N/A London 1.10 1.43 1.10 N/A 1.23 1.23 1.09 N/A Hensall 1.15 N/A 1.10 N/A 1.20 N/A 1.15 N/A Trenton N/A N/A N/A N/A N/A N/A 1.10 N/A Bruce 1.15 1.15 1.05 N/A 1.20 1.20 1.10 0.55 Essex N/A N/A 0.86 N/A N/A N/A 1.03 N/A Norwich 1.15 N/A 1.10 N/A 1.20 N/A 1.15 N/A Port Hope N/A N/A 1.10 N/A N/A 1.10 1.15 N/A Kent Bridge 1.15 N/A 1.10 N/A 1.20 N/A 1.15 N/A Chatham N/A N/A 1.05 N/A N/A N/A 1.10 N/A Brigden N/A N/A 1.05 N/A N/A N/A 1.10 N/A Palmerston N/A 1.00 1.00 0.35 N/A 1.10 1.05 0.55 Varna 1.35 1.25 1.05 N/A 1.30 1.30 1.10 N/A Mitchell 1.15 1.15 1.10 N/A 1.20 1.20 1.15 N/A Thornton N/A N/A N/A 0.52 N/A N/A N/A N/A North Gower N/A 1.19 0.99 0.14 N/A 1.46 1.32 0.27 W O Feed 1.58 PROCESSORS Toledo FM N/A N/A 1.82 N/A N/A N/A 1.83 N/A Toledo El. 4.88US 6.47CA 4.88US 6.48CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.44 1.50 1.41 0.38 CAD $/bu 6.21 6.28 6.19 5.98 CAD $/tonne 228.28 230.72 227.30 219.86 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 514.24 DDG's FOB Srn & Aylm 250.00 - 260.00