FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, May 9

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, May 9 Exchange rate was 1.3452 down 0.0009 Chicago soybeans closed slightly to moderately lower. JUL19 HI 8.26 1/2 NOV19 HI 8.49 3/4 LOW 8.06 1/2 LOW 8.30 CLOSE8.12 3/4 Down 14 1/2 CLOSE 8.35 3/4 Down 14 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JUL1+JUL1+AUG19 CK Low 1.86 9.99 366.981.95 10.31 378.74 CK High 1.95 10.08 370.282.00 10.36 380.57 CK Average 1.91 -0.6710.04 368.811.97 -0.6810.33 379.47 Essex Cty 1.90 10.03 368.451.95 10.31 378.74 Mdsx Low 1.84 9.97 366.241.95 10.31 378.74 Mdsx High 1.90 10.03 368.451.95 10.31 378.74 Mdsx Average 1.87 -0.7010.00 367.351.95 -0.6910.31 378.74 Hensall 1.90 10.03 368.451.95 10.31 378.74 Bruce 1.90 10.03 368.451.95 10.31 378.74 Putnam 1.90 10.03 368.451.95 10.31 378.74 Burford 1.89 10.02 368.082.00 10.36 380.57 Port Perry 1.86 9.99 366.981.97 10.33 379.47 Norfolk 1.90 10.03 368.451.95 10.31 378.74 Palmerston 1.95 10.08 370.281.95 10.31 378.74 Varna 1.90 10.03 368.451.95 10.31 378.74 Trenton 1.90 10.03 368.451.95 10.31 378.74 Winchester 1.83 9.96 365.881.92 10.28 377.63 North Gower 1.99 10.12 371.752.10 10.46 384.25 Huron FOB 2.00 10.13 372.122.05 10.41 382.41 Kent FOB 2.10 10.23 375.801.95 10.31 378.74 Lambton FOB 2.00 10.13 372.122.10 10.46 384.25 Middlesex FOB2.00 2.06 2.20 N/A 10.13 372.122.05 10.41 382.41 PROCESSORS Windsor 2.35 10.48 384.982.22 10.58 388.66 TRANSFER Hamilton 2.35 10.48 384.982.40 10.76 395.27 Prescott N/A 2.35 10.71 393.43 Port Colborne N/A 2.30 10.66 391.60 Toledo El. -0.61 7.52 276.39-0.74 7.62 279.90 Exchange rate was 1.3452 down 0.0009 Chicago wheat closed moderately lower. JUL19 HI 4.38 JUL19 HI 4.38 LOW 4.28 LOW 4.28 CLOSE 4.29 1/2 Down 9 1/2 CLOSE 4.29 1/2 Down 9 1/2 Minni wheat closed slightly lower. JUL19 HI 5.22 3/4 SEP19 HI 5.30 LOW 5.13 1/2 LOW 5.22 CLOSE 5.17 1/4 Down 3 1/4 CLOSE 5.25 3/4 Down 3 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.48 1.55 1.35 0.84 CAD $/bu 5.78 5.84 5.64 6.02 CAD $/tonne 212.29 214.76 207.34 221.06 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 1.30 N/A N/A N/A 1.30 N/A London 1.30 1.70 1.23 N/A 1.35 1.68 1.28 N/A Hensall 1.60 N/A 1.30 N/A 1.60 N/A 1.30 N/A Trenton N/A N/A N/A N/A N/A N/A 1.30 N/A Bruce 1.60 1.75 1.25 N/A 1.60 1.70 1.30 1.00 Essex N/A N/A 1.20 N/A N/A N/A 1.30 N/A Norwich 1.60 N/A 1.30 N/A 1.60 N/A 1.30 N/A Port Hope N/A N/A N/A N/A N/A 1.60 1.30 N/A Kent Bridge 1.60 N/A 1.30 N/A 1.60 N/A 1.30 N/A Chatham N/A N/A 1.20 N/A N/A N/A 1.30 N/A Brigden N/A N/A 1.20 N/A N/A N/A 1.30 N/A Palmerston N/A 1.75 1.25 1.10 N/A 1.74 1.34 1.00 Varna 1.50 1.75 1.30 N/A 1.50 1.70 1.30 N/A Mitchell 1.60 1.60 1.30 N/A 1.60 1.60 1.30 N/A Thornton N/A N/A N/A 0.96 N/A N/A N/A N/A North Gower N/A 1.42 1.20 0.70 N/A 1.94 1.47 0.85 W O Feed 1.82 TERMINAL Port Colbor N/A N/A N/A N/A 1.70 2.04 1.57 N/A PROCESSORS Toledo FM N/A N/A 1.62 N/A N/A N/A 1.62 N/A Toledo El. 4.18US 5.62CA 4.18US 5.62CA GFO Contract Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.55 1.89 1.42 1.07 CAD $/bu 5.84 6.18 5.71 6.33 CAD $/tonne 214.76 227.12 209.82 232.68 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 453.17 DDG's FOB Srn & Aylm 205.00