FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, July 4

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, July 4 Exchange rate was 1.3116 down 0.0012 Markets in the U.S. were closed for the July 4th holiday. On July 3, Chicago soybeans closed slightly lower. AUG18 HI 8.57 1/2 NOV18 HI 8.73 1/2 LOW 8.46 3/4 LOW 8.63 CLOSE8.48 Down 5 1/2 CLOSE 8.64 1/4 Down 5 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +AUG1+AUG1+NOV18 CK Low 2.28 10.76 395.362.32 10.96 402.80 CK High 2.55 11.03 405.282.60 11.24 413.09 CK Average 2.45 -0.1510.93 401.492.45 -0.1611.09 407.40 Essex Cty 2.40 10.88 399.772.30 10.94 402.07 Mdsx Low 2.28 10.76 395.362.32 10.96 402.80 Mdsx High 2.45 10.93 401.612.45 11.09 407.58 Mdsx Average 2.37 -0.2110.85 398.492.39 -0.2111.03 405.19 Hensall 2.45 10.93 401.612.45 11.09 407.58 Bruce 2.45 10.93 401.612.45 11.09 407.58 Putnam 2.50 10.98 403.452.55 11.19 411.25 Burford 2.35 10.83 397.932.39 11.03 405.37 Port Perry 2.25 10.73 394.262.29 10.93 401.70 Norfolk 2.45 10.93 401.612.50 11.14 409.42 Palmerston 2.55 11.03 405.282.65 11.29 414.93 Varna 2.45 10.93 401.612.45 11.09 407.58 Trenton 2.50 10.98 403.452.50 11.14 409.42 Winchester 2.46 10.94 401.982.48 11.12 408.68 North Gower 2.15 10.63 390.592.35 10.99 403.91 Huron FOB 2.55 11.03 405.282.55 11.19 411.25 Kent FOB 2.50 10.98 403.452.45 11.09 407.58 Lambton FOB 2.50 10.98 403.452.50 11.14 409.42 Middlesex FOB2.45 2.47 2.47 N/A 10.93 401.612.42 11.06 406.48 PROCESSORS Windsor 2.81 11.29 414.842.58 11.22 412.36 TRANSFER Hamilton N/A 2.75 11.39 418.60 Prescott 2.07 10.55 387.652.65 11.29 414.93 Toledo El. -0.05 8.43 309.66-0.39 8.25 303.15 Exchange rate was 1.3116 down 0.0012 On July 3, Chicago wheat closed slightly to moderately higher. SEP18 HI 4.93 JUL19 HI 5.41 LOW 4.81 LOW 5.30 CLOSE 4.91 Up 10 3/4 CLOSE 5.37 Up 7 1/2 Minni wheat closed moderately higher. SEP18 HI 5.38 3/4 SEP19 HI 5.99 1/2 LOW 5.27 3/4 LOW 5.98 CLOSE 5.35 1/4 Up 8 1/4 CLOSE 5.99 1/2 Up 8 1/2 GFO Cash Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.20 1.14 1.20 0.22 CAD $/bu 6.11 6.05 6.11 5.58 CAD $/tonne 224.57 222.16 224.57 204.93 Direct MarkHarvest 2018 Harvest 2019 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 1.00 N/A N/A N/A 1.00 N/A London 1.07 1.20 0.94 N/A 1.27 1.20 0.90 N/A Hensall 1.10 N/A 1.00 N/A 1.15 N/A 1.00 N/A Trenton N/A N/A 1.00 N/A N/A N/A 1.05 N/A Bruce 1.10 1.20 1.00 0.55 1.20 1.20 1.00 0.50 Essex N/A N/A 0.86 N/A N/A N/A 0.93 N/A Norwich 1.10 N/A 1.00 N/A 1.15 N/A 1.00 N/A Port Hope N/A 1.05 1.05 N/A N/A 1.05 1.05 N/A Kent Bridge 1.10 N/A 1.00 N/A 1.15 N/A 1.00 N/A Chatham N/A N/A 0.95 N/A N/A N/A 0.95 N/A Brigden N/A N/A 0.95 N/A N/A N/A 0.95 N/A Palmerston N/A 1.10 1.05 N/A N/A 0.65 0.95 N/A Varna 1.20 1.20 1.00 N/A 1.00 1.10 0.90 N/A Mitchell 1.10 1.20 1.00 N/A 1.15 1.20 1.00 N/A Thornton N/A N/A N/A 0.76 N/A N/A N/A N/A North Gower N/A 1.02 1.03 0.14 N/A 1.22 1.22 0.13 W O Feed 1.54 PROCESSORS Toledo FM N/A N/A 1.66 N/A N/A N/A 1.78 N/A Toledo El. 4.93US 6.47CA 5.22US 6.82CA GFO Contract Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.32 1.26 1.26 0.40 CAD $/bu 6.69 6.63 6.63 6.40 CAD $/tonne 245.97 243.56 243.56 235.16 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 519.53 DDG's FOB Srn & Aylm 240.00 - 245.00