FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, August 17
Exchange rate was 1.2646 down 0.0015
Chicago soybeans closed slightly higher.

       NOV17   HI 9.35                NOV17    HI 9.35
              LOW 9.25  3/4                   LOW 9.25  3/4
             CLOSE9.33   Up 7 3/4           CLOSE 9.33   Up 7 3/4

             OLD CROP                             NEW CROP
Location     Basis 1mt  2mt  3mt U.S.  $/bu  $/mt BasisU.S.  $/bu  $/mt
ELEVATORS         +NOV1+NOV1+NOV17
CK Low       1.85                     11.18 410.791.60      10.93 401.61
CK High      2.00                     11.33 416.311.75      11.08 407.12
CK Average   1.93                -0.4311.26 413.551.66 -0.6110.99 403.94
Essex Cty    1.90                     11.23 412.631.60      10.93 401.61
Mdsx Low     1.91                     11.24 413.001.69      11.02 404.92
Mdsx High    1.95                     11.28 414.471.70      11.03 405.28
Mdsx Average 1.93                -0.4311.26 413.731.70 -0.5811.03 405.10
Hensall      1.96                     11.29 414.841.73      11.06 406.20
Bruce        1.95                     11.28 414.471.70      11.03 405.28
Putnam       1.97                     11.30 415.201.80      11.13 408.96
Burford      1.98                     11.31 415.571.76      11.09 407.49
Port Perry   1.91                     11.24 413.001.69      11.02 404.92
Norfolk      1.95                     11.28 414.471.70      11.03 405.28
Palmerston   1.85                     11.18 410.791.70      11.03 405.28
Varna        2.02                     11.35 417.041.80      11.13 408.96
Trenton      1.95                     11.28 414.471.80      11.13 408.96
Winchester   1.80                     11.13 408.962.00      11.33 416.31
North Gower  1.79                     11.12 408.591.97      11.30 415.20
Huron FOB    2.07                     11.40 418.881.85      11.18 410.79
Kent FOB     2.00                     11.33 416.311.65      10.98 403.45
Lambton FOB  2.10                     11.43 419.981.80      11.13 408.96
Middlesex FOB2.14 2.08  N/A  N/A      11.47 421.451.88      11.21 411.90

PROCESSORS
Hamilton     2.51 2.31 2.20 2.25      11.84 435.052.20      11.53 423.65
                   N/A  N/A  N/A
TRANSFER
Prescott     2.00                     11.33 416.312.19      11.52 423.29
Sarnia       2.37                     11.70 429.902.18      11.51 422.92

Toledo El.   -0.28                     9.05 332.60-0.64      8.69 319.19


Exchange rate was 1.2646 down 0.0015
Chicago wheat closed slightly to moderately lower.
SEP17      HI     4.22  1/4             JUL18   HI      4.99  3/4
           LOW    4.12  1/4                     LOW     4.91  1/2
           CLOSE  4.14   Down 5 1/4             CLOSE   4.92  3/4  Down 3 3/4

Minni wheat closed mixed.
SEP17      HI     6.77  1/2             SEP18   HI         6.30
           LOW        6.65                      LOW     6.27  1/2
           CLOSE  6.70  1/4  Down 3 1/4         CLOSE   6.28  1/4  Up 2

GFO Cash Wheat Prices - DEL Terminal
Harvest 17        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 0.72          0.91            0.84          0.13
CAD $/bu              4.86          5.05            4.98          6.83
CAD $/tonne         178.43        185.40          183.08        251.04


Direct MarkHarvest 2017                 Harvest 2018
           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    0.60    N/A    N/A     N/A    0.60    N/A
London      0.65    0.71   0.52    N/A    0.79    0.60   0.54    N/A
Hensall     0.70    N/A    0.60    N/A    0.90    N/A    0.60    N/A
Trenton      N/A    N/A    0.85    N/A    N/A     N/A    0.85    N/A
Bruce       0.70    0.60   0.60   0.25    0.90    0.65   0.60   0.35
Essex        N/A    N/A    0.49    N/A    N/A     N/A    0.67    N/A
Norwich     0.70    N/A    0.60    N/A    0.90    N/A    0.60    N/A
Port Hope    N/A    0.75   0.75    N/A    N/A     0.65   0.70    N/A
Kent Bridge 0.70    N/A    0.60    N/A    0.90    N/A    0.60    N/A
Chatham      N/A    N/A    0.55    N/A    N/A     N/A    0.60    N/A
Brigden      N/A    N/A    0.55    N/A    N/A     N/A    0.60    N/A
Palmerston   N/A    0.60   0.55   0.25    N/A     0.65   0.60   0.35
Varna       0.90    0.65   0.60    N/A    0.85    0.65   0.60    N/A
Mitchell    0.70    0.60   0.60    N/A    0.90    0.65   0.60    N/A
Thornton     N/A    N/A     N/A   -0.52   N/A     N/A     N/A    N/A
North Gower  N/A    0.93   0.86   0.15    N/A     0.96   0.96   0.26
W O Feed                   1.10

TERMINAL
Sarnia       N/A    N/A    0.81    N/A    N/A     N/A     N/A    N/A
Prescott     N/A    N/A     N/A    N/A    N/A     N/A     N/A    N/A

PROCESSORS
Toledo FM  N/A    N/A        1.22N/A    N/A     N/A     N/A    N/A

Toledo El. 4.09US         5.17CA        4.73US          5.96CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 18        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 0.78          0.78            0.78          0.25
CAD $/bu              5.71          5.71            5.71          6.53
CAD $/tonne         209.73        209.73          209.73        240.07

(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange

FEED GRAINS
FOB Hm Soymeal            438.84
DDG's FOB Srn & Aylm      140.00 - 155.00