Headline News

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, September 20
Exchange rate was 1.2347 up 0.0086
Chicago soybeans closed slightly higher.

       NOV17   HI 9.74                NOV17    HI 9.74
              LOW 9.64  3/4                   LOW 9.64  3/4
             CLOSE9.70   Up 4 1/2           CLOSE 9.70   Up 4 1/2

             OLD CROP                             NEW CROP
Location     Basis 1mt  2mt  3mt U.S.  $/bu  $/mt BasisU.S.  $/bu  $/mt
ELEVATORS         +NOV1+NOV1+JAN18
CK Low       1.35                     11.05 406.021.35      11.05 406.02
CK High      1.50                     11.20 411.531.50      11.20 411.53
CK Average   1.43                -0.6811.13 409.081.43 -0.7011.13 409.08
Essex Cty    1.35                     11.05 406.021.35      11.05 406.02
Mdsx Low     1.45                     11.15 409.691.45      11.15 409.69
Mdsx High    1.45                     11.15 409.691.51      11.21 411.90
Mdsx Average 1.45                -0.6711.15 409.691.48 -0.6611.18 410.79
Hensall      1.45                     11.15 409.691.45      11.15 409.69
Bruce         N/A                                 1.45      11.15 409.69
Putnam       1.45                     11.15 409.691.35      11.05 406.02
Burford       N/A                                 1.55      11.25 413.37
Port Perry    N/A                                 1.51      11.21 411.90
Norfolk      1.50                     11.20 411.531.50      11.20 411.53
Palmerston   1.45                     11.15 409.691.45      11.15 409.69
Varna        1.45                     11.15 409.691.45      11.15 409.69
Trenton       N/A                                 1.45      11.15 409.69
Winchester    N/A                                 1.60      11.30 415.20
North Gower   N/A                                 1.65      11.35 417.04
Huron FOB    1.55                     11.25 413.371.55      11.25 413.37
Kent FOB      N/A                                 1.45      11.15 409.69
Lambton FOB  1.55                     11.25 413.371.55      11.25 413.37
Middlesex FOB N/A  N/A  N/A  N/A                   N/A

PROCESSORS
Hamilton      N/A  N/A  N/A  N/A                   N/A
                   N/A  N/A  N/A
TRANSFER
Prescott     1.64                     11.34 416.671.88      11.58 425.49
Sarnia        N/A                                  N/A

Toledo El.    N/A                                 -0.54      9.16 336.42


Exchange rate was 1.2347 up 0.0086
Chicago wheat closed moderately higher.
DEC17      HI     4.50  3/4             JUL18   HI      4.95  1/4
           LOW    4.42  3/4                     LOW     4.88  1/4
           CLOSE  4.49  3/4  Up 6 3/4           CLOSE   4.94  1/2  Up 5 1/4

Minni wheat closed slightly higher.
DEC17      HI     6.26  1/4             SEP18   HI         6.32
           LOW    6.14  1/2                     LOW     6.27  1/2
           CLOSE  6.21  1/2  Up 4 1/4           CLOSE   6.29  1/2  Up 1 1/4

GFO Cash Wheat Prices - DEL Terminal
Harvest 17        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 0.69          0.93            0.81          0.35
CAD $/bu              5.18          5.43            5.31          6.56
CAD $/tonne         190.43        199.51          194.97        241.13


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    0.45    N/A    N/A     N/A    0.60    N/A
London      0.44    0.56   0.44    N/A    0.90    0.66   0.60    N/A
Hensall     0.40    N/A    0.40    N/A    0.85    N/A    0.60    N/A
Trenton      N/A    N/A    0.65    N/A    N/A     N/A    0.70    N/A
Bruce       0.40    0.45   0.40   0.25    0.85    0.65   0.60   0.35
Essex        N/A    N/A     N/A    N/A    N/A     N/A    0.52    N/A
Norwich     0.40    N/A    0.40    N/A    0.85    N/A    0.60    N/A
Port Hope    N/A    0.65   0.60    N/A    N/A     0.65   0.70    N/A
Kent Bridge 0.40    N/A    0.40    N/A    0.85    N/A    0.60    N/A
Chatham      N/A    N/A    0.45    N/A    N/A     N/A    0.55    N/A
Brigden      N/A    N/A    0.45    N/A    N/A     N/A    0.55    N/A
Palmerston   N/A    0.45   0.35   0.25    N/A     0.65   0.45   0.35
Varna       0.75    0.45   0.45    N/A    0.80    0.60   0.60    N/A
Mitchell    0.40    0.40   0.40    N/A    0.85    0.65   0.60    N/A
Thornton     N/A    N/A     N/A   0.19    N/A     N/A     N/A    N/A
North Gower  N/A    0.90   0.77   0.25    N/A     0.85   0.79   0.05
W O Feed                   1.04

TERMINAL
Sarnia       N/A    N/A     N/A    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        1.30N/A    N/A     N/A        1.05N/A

Toledo El. 4.30US         5.31CA        4.75US          5.87CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 18        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 0.80          0.80            0.74          0.13
CAD $/bu              5.74          5.74            5.68          6.42
CAD $/tonne         211.06        211.06          208.79        236.05

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

FEED GRAINS
FOB Hm Soymeal            457.80
DDG's FOB Srn & Aylm      145.00