FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, July 19
Exchange rate was 1.3058 up 0.0023
Chicago soybeans closed moderately higher.

       AUG19   HI 9.05  3/4           NOV19    HI 9.24
              LOW 8.79  1/2                   LOW 8.97  1/4
             CLOSE9.01  1/2  Up 20 1/4      CLOSE 9.19  1/4  Up 20 1/4

             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                     11.17 410.241.90      11.09 407.58
CK High      2.20                     11.22 412.082.00      11.19 411.25
CK Average   2.17                -0.4511.18 410.921.95 -0.6411.14 409.48
Essex Cty    2.30                     11.32 415.761.95      11.14 409.42
Mdsx Low     2.11                     11.13 408.771.90      11.09 407.58
Mdsx High    2.15                     11.17 410.241.91      11.10 407.95
Mdsx Average 2.13                -0.4811.15 409.511.91 -0.6811.10 407.76
Hensall      2.18                     11.19 411.161.93      11.12 408.50
Bruce        2.10                     11.12 408.411.85      11.04 405.74
Putnam       2.15                     11.17 410.241.90      11.09 407.58
Burford      2.16                     11.18 410.611.96      11.15 409.78
Port Perry   2.13                     11.15 409.511.93      11.12 408.68
Norfolk      2.20                     11.22 412.081.95      11.14 409.42
Palmerston   2.20                     11.22 412.081.95      11.14 409.42
Varna        2.20                     11.22 412.081.95      11.14 409.42
Trenton      2.10                     11.12 408.411.95      11.14 409.42
Winchester    N/A                                 2.00      11.19 411.25
North Gower  2.05                     11.07 406.572.00      11.19 411.25
Huron FOB    2.30                     11.32 415.762.05      11.24 413.09
Kent FOB     2.40                     11.42 419.431.95      11.14 409.42
Lambton FOB  2.30                     11.32 415.762.05      11.24 413.09
Middlesex FOB2.33 2.39 2.28  N/A      11.35 416.862.03      11.22 412.36

PROCESSORS
Windsor      2.75                     11.77 432.292.37      11.56 424.85

TRANSFER
Hamilton     2.70                     11.72 430.452.40      11.59 425.95
Prescott      N/A                                 2.45      11.64 427.79
Port Colborne N/A                                 2.35      11.54 424.11

Toledo El.   -0.07                     8.95 328.85-0.52      8.67 318.61


Exchange rate was 1.3058 up 0.0023
Chicago wheat closed moderately higher.
SEP19      HI     5.16  3/4             JUL10   HI      5.43  1/2
           LOW    4.92  1/2                     LOW        5.23
           CLOSE  5.02  1/2  Up 9               CLOSE   5.31  1/4  Up 7

Minni wheat closed slightly higher.
SEP19      HI     5.38  1/4             SEP10   HI      5.78  1/4
           LOW    5.25  1/2                     LOW     5.75  1/4
           CLOSE  5.29  1/4  Up 3 3/4           CLOSE   5.78  1/4  Up 2 3/4

GFO Cash Wheat Prices - DEL Terminal
Harvest 19        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 1.99          2.25            1.93          1.23
CAD $/bu              7.02          7.28            6.95          6.52
CAD $/tonne         257.90        267.49          255.50        239.54


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    1.60    N/A    N/A     N/A    1.15    N/A
London      1.64    1.90   1.51    N/A    1.28    1.41   1.08    N/A
Hensall     1.70    N/A    1.60    N/A    1.35    N/A    1.15    N/A
Trenton      N/A    N/A    1.65    N/A    N/A     N/A    1.15    N/A
Bruce       1.65    1.95   1.60   1.20    1.35    1.50   1.15    N/A
Essex        N/A    N/A    1.50    N/A    N/A     N/A    1.10    N/A
Norwich     1.70    N/A    1.60    N/A    1.35    N/A    1.15    N/A
Port Hope    N/A    1.90   1.65    N/A    N/A     1.50   1.15    N/A
Kent Bridge 1.70    N/A    1.60    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    1.70    1.90   1.60    N/A    1.35    1.50   1.15    N/A
Thornton     N/A    N/A     N/A   1.58    N/A     N/A     N/A    N/A
North Gower  N/A    1.80   1.70   1.05    N/A     1.47   1.37    N/A
W O Feed                   2.20

TERMINAL
Port Colbor 1.98    2.24   1.85    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. 5.28US         6.89CA        5.26US          6.86CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 20        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 1.55          1.81            1.48          0.97
CAD $/bu              6.86          7.12            6.79          6.75
CAD $/tonne         251.97        261.55          249.58        248.14

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

FEED GRAINS
FOB Hm Soymeal            491.86
DDG's FOB Srn & Aylm      190.00