FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, February 27

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, February 27 Exchange rate was 1.3361 up 0.0042 Chicago soybeans closed narrowly mixed. MAY20 HI 8.97 NOV20 HI 9.14 1/2 LOW 8.78 1/4 LOW 9.02 1/4 CLOSE8.95 Up 3 CLOSE 9.13 1/2 Up 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +MAY2+MAY2+MAY20 CK Low 2.41 11.36 417.412.25 11.39 418.33 CK High 2.50 11.45 420.722.33 11.47 421.27 CK Average 2.48 -0.3911.43 420.102.29 -0.5811.42 419.74 Essex Cty 2.50 11.45 420.722.30 11.44 420.16 Mdsx Low 2.50 11.45 420.722.30 11.44 420.16 Mdsx High 2.50 11.45 420.722.31 11.45 420.53 Mdsx Average 2.50 -0.3811.45 420.722.31 -0.5711.44 420.35 Hensall 2.48 11.43 419.802.28 11.41 419.25 Bruce 2.50 11.45 420.722.25 11.39 418.33 Putnam 2.50 11.45 420.722.30 11.44 420.16 Burford 2.57 11.52 423.292.38 11.52 423.10 Port Perry 2.49 11.44 420.352.30 11.44 420.16 Norfolk 2.50 11.45 420.722.30 11.44 420.16 Palmerston 2.49 11.44 420.352.38 11.52 423.10 Varna 2.50 11.45 420.722.30 11.44 420.16 Trenton 2.41 11.36 417.412.25 11.39 418.33 Winchester 2.31 11.26 413.732.30 11.44 420.16 North Gower 2.40 11.35 417.042.33 11.47 421.27 Huron FOB 2.65 11.60 426.232.40 11.54 423.84 Kent FOB 2.70 11.65 428.062.30 11.44 420.16 Lambton FOB 2.61 11.56 424.762.45 11.59 425.68 Middlesex FOB2.67 2.74 2.76 N/A 11.62 426.962.43 11.57 424.94 PROCESSORS Windsor 3.02 11.97 439.822.60 11.74 431.19 TRANSFER Hamilton 3.05 12.00 440.922.80 11.94 438.54 Prescott N/A 2.45 11.59 425.68 Port Colborne2.94 11.89 436.882.84 11.98 440.01 Toledo El. 0.04 8.99 330.33-0.40 8.73 320.93 Exchange rate was 1.3361 up 0.0042 Chicago wheat closed slightly to moderately lower. MAY20 HI 5.35 JUL20 HI 5.34 1/2 LOW 5.26 1/4 LOW 5.27 1/4 CLOSE 5.27 1/2 Down 8 1/4 CLOSE 5.29 Down 6 1/2 Minni wheat closed moderately lower. MAY20 HI 5.29 3/4 SEP20 HI 5.47 1/2 LOW 5.23 LOW 5.42 CLOSE 5.24 Down 6 CLOSE 5.43 Down 6 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 2.04 2.24 2.04 1.36 CAD $/bu 7.32 7.52 7.32 6.60 CAD $/tonne 268.78 276.15 268.78 242.52 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 N/A N/A N/A N/A 1.30 N/A London 1.93 2.19 1.79 N/A 1.44 1.71 1.24 N/A Hensall 1.90 N/A 1.90 N/A 1.50 N/A 1.30 N/A Trenton N/A N/A N/A N/A N/A N/A 1.30 N/A Bruce 1.90 2.10 1.90 1.85 1.45 1.65 1.25 1.25 Essex N/A N/A 1.87 N/A N/A N/A 1.25 N/A Norwich 1.90 N/A 1.90 N/A 1.50 N/A 1.30 N/A Port Hope N/A N/A 1.82 N/A N/A N/A 1.30 N/A Kent Bridge 1.90 N/A 1.90 N/A 1.50 N/A 1.30 N/A Chatham N/A N/A 1.87 N/A N/A N/A 1.25 N/A Brigden N/A N/A 1.87 N/A N/A N/A 1.25 N/A Palmerston N/A 2.33 1.86 1.61 N/A 1.67 1.27 1.22 Varna 1.95 2.10 1.85 N/A 1.45 1.65 1.25 N/A Mitchell 1.90 2.15 1.90 N/A 1.50 1.65 1.30 N/A Thornton N/A N/A N/A 1.91 N/A N/A N/A N/A North Gower N/A 2.02 1.87 0.86 N/A 1.82 1.57 0.95 W O Feed 2.43 TERMINAL Port Colbor N/A N/A 2.26 N/A N/A N/A 1.64 N/A PROCESSORS Toledo FM N/A N/A 2.11 N/A N/A N/A 1.91 N/A Toledo El. 5.45US 7.28CA 5.39US 7.20CA GFO Contract Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.58 1.84 1.58 1.09 CAD $/bu 6.87 7.13 6.87 6.52 CAD $/tonne 252.29 262.10 252.29 239.53 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 466.95 DDG's FOB Srn & Aylm 230.00 - 235.00