FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, July 15

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, July 15 Exchange rate was 1.3032 up 0.0015 Chicago soybeans closed slightly to moderately lower. AUG19 HI 9.18 NOV19 HI 9.36 1/2 LOW 9.00 1/2 LOW 9.18 1/2 CLOSE9.01 3/4 Down 11 1/2 CLOSE 9.20 Down 11 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +AUG1+NOV1+NOV19 CK Low 2.15 11.17 410.341.95 11.15 409.69 CK High 2.20 11.22 412.172.00 11.20 411.53 CK Average 2.19 -0.4211.20 411.621.96 -0.6211.16 410.06 Essex Cty 2.30 11.32 415.851.95 11.15 409.69 Mdsx Low 2.11 11.13 408.871.91 11.11 408.22 Mdsx High 2.20 11.22 412.171.95 11.15 409.69 Mdsx Average 2.16 -0.4411.17 410.521.93 -0.6411.13 408.96 Hensall 2.20 11.22 412.171.95 11.15 409.69 Bruce 2.10 11.12 408.501.90 11.10 407.86 Putnam 2.20 11.22 412.171.95 11.15 409.69 Burford 2.16 11.18 410.701.96 11.16 410.06 Port Perry 2.13 11.15 409.601.93 11.13 408.96 Norfolk 2.20 11.22 412.171.95 11.15 409.69 Palmerston 2.20 11.22 412.171.90 11.10 407.86 Varna 2.20 11.22 412.171.95 11.15 409.69 Trenton 2.10 11.12 408.501.90 11.10 407.86 Winchester N/A 2.00 11.20 411.53 North Gower 2.05 11.07 406.662.00 11.20 411.53 Huron FOB 2.30 11.32 415.852.05 11.25 413.37 Kent FOB 2.40 11.42 419.521.95 11.15 409.69 Lambton FOB 2.25 11.27 414.012.00 11.20 411.53 Middlesex FOB2.33 2.39 2.29 N/A 11.35 416.952.04 11.24 413.00 PROCESSORS Windsor 2.81 11.83 434.592.28 11.48 421.82 TRANSFER Hamilton 2.70 11.72 430.542.40 11.60 426.23 Prescott N/A 2.45 11.65 428.06 Port Colborne N/A 2.36 11.56 424.76 Toledo El. -0.07 8.95 328.94-0.52 8.68 318.93 Exchange rate was 1.3032 up 0.0015 Chicago wheat closed lower. SEP19 HI 5.31 1/2 JUL10 HI 5.57 3/4 LOW 5.06 LOW 5.38 1/2 CLOSE 5.07 3/4 Down 15 1/4 CLOSE 5.39 3/4 Down 13 1/4 Minni wheat closed moderately lower to lower. SEP19 HI 5.47 1/4 SEP10 HI 5.80 1/4 LOW 5.30 1/2 LOW 5.80 1/4 CLOSE 5.32 1/2 Down 10 1/4 CLOSE 5.80 1/4 Down 11 3/4 GFO Cash Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.80 2.06 1.73 1.09 CAD $/bu 6.88 7.14 6.81 6.42 CAD $/tonne 252.71 262.28 250.31 235.83 Direct MarkHarvest 2019 Harvest 2020 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 1.55 N/A N/A N/A 1.15 N/A London 1.69 1.95 1.56 N/A 1.32 1.45 1.13 N/A Hensall 1.65 N/A 1.55 N/A 1.35 N/A 1.15 N/A Trenton N/A N/A 1.60 N/A N/A N/A 1.15 N/A Bruce 1.65 1.95 1.55 1.20 1.35 1.50 1.10 N/A Essex N/A N/A 1.50 N/A N/A N/A 1.10 N/A Norwich 1.65 N/A 1.55 N/A 1.35 N/A 1.15 N/A Port Hope N/A 1.90 1.60 N/A N/A 1.50 1.15 N/A Kent Bridge 1.65 N/A 1.55 N/A 1.35 N/A 1.15 N/A Chatham N/A N/A 1.55 N/A N/A N/A 1.10 N/A Brigden N/A N/A 1.55 N/A N/A N/A 1.10 N/A Palmerston N/A 1.95 1.55 1.20 N/A 1.57 1.17 0.90 Varna 1.65 1.95 1.55 N/A 1.35 1.50 1.10 N/A Mitchell 1.65 1.90 1.55 N/A 1.35 1.50 1.15 N/A Thornton N/A N/A N/A 1.65 N/A N/A N/A N/A North Gower N/A 1.95 1.55 0.99 N/A 1.57 1.27 0.75 W O Feed 2.20 TERMINAL Port Colbor 2.03 2.29 1.90 N/A N/A N/A N/A N/A PROCESSORS Toledo FM N/A N/A 1.80 N/A N/A N/A N/A N/A Toledo El. 5.33US 6.94CA 5.35US 6.95CA GFO Contract Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.36 1.62 1.29 0.83 CAD $/bu 6.76 7.02 6.69 6.63 CAD $/tonne 248.28 257.83 245.89 243.74 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 495.61 DDG's FOB Srn & Aylm 190.00