FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, July 11

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, July 11 Exchange rate was 1.3173 up 0.0068 Chicago soybeans closed moderately lower. AUG18 HI 8.50 1/2 NOV18 HI 8.66 3/4 LOW 8.31 3/4 LOW 8.47 1/4 CLOSE8.33 Down 22 3/4 CLOSE 8.48 1/4 Down 23 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 2.40 10.73 394.262.35 10.83 398.03 CK High 2.50 10.83 397.932.40 10.88 399.86 CK Average 2.45 -0.1510.78 396.102.38 -0.1910.86 399.01 Essex Cty 2.60 10.93 401.612.30 10.78 396.19 Mdsx Low 2.40 10.73 394.262.36 10.84 398.39 Mdsx High 2.50 10.83 397.932.50 10.98 403.54 Mdsx Average 2.45 -0.1510.78 396.102.43 -0.1510.91 400.97 Hensall 2.50 10.83 397.932.50 10.98 403.54 Bruce 2.50 10.83 397.932.50 10.98 403.54 Putnam 2.40 10.73 394.262.40 10.88 399.86 Burford 2.47 10.80 396.832.43 10.91 400.97 Port Perry 2.37 10.70 393.162.33 10.81 397.29 Norfolk 2.50 10.83 397.932.50 10.98 403.54 Palmerston 2.40 10.73 394.262.40 10.88 399.86 Varna 2.50 10.83 397.932.50 10.98 403.54 Trenton 2.50 10.83 397.932.40 10.88 399.86 Winchester 2.26 10.59 389.122.36 10.84 398.39 North Gower 2.15 10.48 385.072.33 10.81 397.29 Huron FOB 2.60 10.93 401.612.60 11.08 407.21 Kent FOB 2.65 10.98 403.452.40 10.88 399.86 Lambton FOB 2.45 10.78 396.102.50 10.98 403.54 Middlesex FOB2.51 2.51 2.51 N/A 10.84 398.302.51 10.99 403.91 PROCESSORS Windsor 2.78 11.11 408.222.57 11.05 406.11 TRANSFER Hamilton N/A 2.80 11.28 414.56 Prescott 2.04 10.37 381.032.75 11.23 412.72 Toledo El. -0.05 8.28 304.14-0.39 8.09 297.25 Exchange rate was 1.3173 up 0.0068 Chicago wheat closed lower. SEP18 HI 4.90 1/2 JUL19 HI 5.40 1/4 LOW 4.71 1/4 LOW 5.27 CLOSE 4.71 3/4 Down 20 1/4 CLOSE 5.27 3/4 Down 15 1/2 Minni wheat closed moderately lower to lower. SEP18 HI 5.37 1/4 SEP19 HI 5.95 3/4 LOW 5.24 1/2 LOW 5.90 1/4 CLOSE 5.25 1/2 Down 12 CLOSE 5.91 1/4 Down 7 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.23 1.37 1.30 0.55 CAD $/bu 5.95 6.08 6.02 5.80 CAD $/tonne 218.67 223.51 221.09 213.22 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 1.06 1.19 0.99 N/A 1.27 1.20 0.94 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 1.15 1.20 1.00 0.50 Essex N/A N/A 0.97 N/A N/A N/A 0.94 N/A Norwich 1.10 N/A 1.00 N/A 1.15 N/A 1.00 N/A Port Hope N/A 1.00 1.00 N/A N/A 1.00 1.00 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 0.90 N/A Brigden N/A N/A 0.95 N/A N/A N/A 0.90 N/A Palmerston N/A 1.10 1.00 0.55 N/A 1.10 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 0.65 N/A N/A N/A N/A North Gower N/A 1.25 1.25 0.30 N/A 1.29 1.29 0.20 W O Feed 1.54 PROCESSORS Toledo FM N/A N/A 1.69 N/A N/A N/A 1.76 N/A Toledo El. 4.79US 6.31CA 5.13US 6.71CA GFO Contract Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.24 1.30 1.30 0.45 CAD $/bu 6.52 6.58 6.58 6.37 CAD $/tonne 239.43 241.84 241.84 233.90 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 528.57 DDG's FOB Srn & Aylm 210.00 - 230.00