FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, February 7

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, February 7 Exchange rate was 1.329 up 0.0097 Chicago soybeans closed slightly lower. MAR19 HI 9.21 1/2 NOV19 HI 9.62 1/2 LOW 9.10 1/2 LOW 9.53 CLOSE9.13 1/4 Down 8 1/2 CLOSE 9.55 3/4 Down 7 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +MAR1+MAY1+MAY19 CK Low 2.11 11.24 413.092.28 11.84 434.95 CK High 2.15 11.28 414.562.30 11.86 435.69 CK Average 2.14 -0.6511.27 414.272.30 -0.6211.85 435.54 Essex Cty 2.15 11.28 414.562.30 11.86 435.69 Mdsx Low 2.15 11.28 414.562.30 11.86 435.69 Mdsx High 2.15 11.28 414.562.32 11.88 436.42 Mdsx Average 2.15 -0.6411.28 414.562.31 -0.6111.87 436.06 Hensall 2.15 11.28 414.562.30 11.86 435.69 Bruce 2.15 11.28 414.562.30 11.86 435.69 Putnam 2.15 11.28 414.562.30 11.86 435.69 Burford 2.15 11.28 414.562.32 11.88 436.42 Port Perry 2.11 11.24 413.092.28 11.84 434.95 Norfolk 2.15 11.28 414.562.30 11.86 435.69 Palmerston 2.15 11.28 414.562.35 11.91 437.53 Varna 2.15 11.28 414.562.30 11.86 435.69 Trenton 2.05 11.18 410.892.20 11.76 432.01 Winchester 2.10 11.23 412.722.25 11.81 433.85 North Gower 2.00 11.13 409.052.25 11.81 433.85 Huron FOB 2.25 11.38 418.242.40 11.96 439.36 Kent FOB 2.45 11.58 425.582.30 11.86 435.69 Lambton FOB 2.15 11.28 414.562.30 11.86 435.69 Middlesex FOB2.12 2.19 2.30 2.37 11.25 413.462.38 11.94 438.63 PROCESSORS Windsor 2.81 N/A N/A N/A 11.94 438.812.69 12.25 450.02 TRANSFER Hamilton 2.45 11.58 425.582.65 12.21 448.55 Prescott N/A 2.65 12.21 448.55 Toledo El. -0.60 8.53 313.59-0.66 8.89 326.81 Exchange rate was 1.329 up 0.0097 Chicago wheat closed moderately lower to lower. MAR19 HI 5.25 1/4 JUL19 HI 5.31 3/4 LOW 5.12 1/2 LOW 5.20 3/4 CLOSE 5.13 1/4 Down 12 3/4 CLOSE 5.21 3/4 Down 10 1/2 Minni wheat closed moderately lower. MAR19 HI 5.78 1/4 SEP19 HI 5.89 1/4 LOW 5.63 1/2 LOW 5.80 CLOSE 5.64 1/2 Down 8 3/4 CLOSE 5.81 Down 6 3/4 GFO Cash Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.56 1.62 1.42 0.79 CAD $/bu 6.69 6.75 6.56 6.44 CAD $/tonne 245.75 248.19 240.86 236.59 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 1.25 N/A N/A N/A 1.15 N/A London 1.51 1.57 1.31 N/A 1.49 1.55 1.23 N/A Hensall 1.45 N/A 1.25 N/A 1.50 N/A 1.15 N/A Trenton N/A N/A N/A N/A N/A N/A 1.15 N/A Bruce 1.45 1.55 1.25 N/A 1.45 1.45 1.15 1.00 Essex N/A N/A 1.25 N/A N/A N/A 1.15 N/A Norwich 1.45 N/A 1.25 N/A 1.50 N/A 1.15 N/A Port Hope N/A N/A 1.25 N/A N/A 1.30 1.15 N/A Kent Bridge 1.45 N/A 1.25 N/A 1.50 N/A 1.15 N/A Chatham N/A N/A 1.25 N/A N/A N/A 1.20 N/A Brigden N/A N/A 1.25 N/A N/A N/A 1.20 N/A Palmerston N/A 1.55 1.20 1.10 N/A 1.50 1.15 1.00 Varna 1.45 1.55 1.25 N/A 1.45 1.45 1.15 N/A Mitchell 1.45 1.25 1.25 N/A 1.50 1.30 1.15 N/A Thornton N/A N/A N/A 0.81 N/A N/A N/A N/A North Gower N/A 1.40 1.20 0.60 N/A 1.48 1.28 0.60 W O Feed 1.78 PROCESSORS Toledo FM N/A N/A 1.89 N/A N/A N/A 1.84 N/A Toledo El. 5.08US 6.75CA 5.07US 6.72CA GFO Contract Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.50 1.57 1.37 0.77 CAD $/bu 6.72 6.79 6.59 6.58 CAD $/tonne 246.96 249.40 242.09 241.73 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 467.94 DDG's FOB Srn & Aylm 170.00 - 180.00