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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, May 26
Bank of Canada Noon exchange rate was 1.243 up 0.0126
Chicago soybeans closed slightly lower.

       JUL15   HI 9.30  1/2           NOV15    HI 9.13
              LOW 9.20  1/2                   LOW 9.02
             CLOSE9.22  1/2  Down 1 3/4     CLOSE 9.04  3/4  Down 2 1/4

             OLD CROP                             NEW CROP
Location     Basis 1mt  2mt  3mt Adj.  $/bu  $/mt BasisAdj.  $/bu  $/mt
ELEVATORS         +JUL1+JUL1+AUG15
CK Low       1.70                     10.93 401.431.35      10.40 382.04
CK High      1.80                     11.03 405.101.45      10.50 385.72
CK Average   1.74                -0.5010.96 402.831.38 -0.8210.43 383.27
Essex Cty    1.95                     11.18 410.611.58      10.63 390.49
Mdsx Low     1.72                     10.95 402.161.35      10.40 382.04
Mdsx High    1.75                     10.98 403.261.40      10.45 383.88
Mdsx Average 1.74                -0.5110.96 402.711.38 -0.8310.42 382.96
Hensall      1.75                     10.98 403.261.38      10.42 382.96
Bruce        1.75                     10.98 403.261.40      10.45 383.88
Putnam       1.40                     10.63 390.401.10      10.15 372.86
Burford      1.75                     10.98 403.261.38      10.43 383.15
Port Perry   1.72                     10.95 402.161.35      10.40 382.04
Norfolk      1.71                     10.94 401.791.38      10.43 383.15
Palmerston   1.75                     10.98 403.261.35      10.40 382.04
Varna        1.75                     10.98 403.261.35      10.40 382.04
Trenton      1.75                     10.98 403.261.40      10.45 383.88
Winchester   1.70                     10.93 401.431.61      10.66 391.60
North Gower  1.60                     10.83 397.751.60      10.65 391.23
Huron FOB    1.85                     11.08 406.941.45      10.50 385.72
Kent FOB     1.71                     10.94 401.791.38      10.43 383.15
Lambton FOB  1.71                     10.94 401.791.38      10.43 383.15
Middlesex FOB1.89 1.91 1.97  N/A      11.12 408.411.52      10.57 388.29

PROCESSORS
Hamilton     2.32 2.33 2.40  N/A      11.55 424.211.93      10.98 403.35
Windsor      2.15 2.15 2.22  N/A      11.38 417.961.79      10.84 398.21
Winchester    N/A                                  N/A

TRANSFER
Hamilton      N/A                                  N/A
Pt. Stanley   N/A                                  N/A
Sarnia        N/A                                  N/A
Owen Sound    N/A                                  N/A
Sorel QC      N/A                                  N/A

Toledo El.   -0.04                     9.19 337.59-0.41      8.64 317.36


Bank of Canada Noon exchange rate was 1.243 up 0.0126
Chicago wheat closed lower.
JUL15      HI     5.19  3/4             JUL15   HI      5.19  3/4
           LOW        4.92                      LOW        4.92
           CLOSE  4.93  1/2  Down 21 3/4        CLOSE   4.93  1/2  Down 21 3/4

Minni wheat closed lower.
JUL1515    HI     5.73  1/2             SEP15   HI      5.84  3/4
           LOW    5.51  3/4                     LOW        5.63
           CLOSE  5.53  1/4  Down 15 1/2        CLOSE   5.64  1/4  Down 15 3/4

GFO Cash Wheat Prices - DEL Terminal
Current Crop 14   Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 2.75          1.76            0.95          0.91
CAD $/bu              7.69          6.69            5.89          6.44
CAD $/tonne         282.52        245.98          216.29        236.73


Direct MarkHarvest 2014                 Harvest 2015
           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    0.50    N/A    N/A     1.33   0.61    N/A
London      2.82    1.46   0.71    N/A    2.85    1.48   0.70    N/A
Hensall     2.50    N/A    0.50    N/A    2.50    N/A    0.50    N/A
Trenton      N/A    N/A     N/A    N/A    N/A     N/A    0.60    N/A
Winchester   N/A    N/A     N/A    N/A    N/A     N/A     N/A    N/A
Essex        N/A    N/A    0.69    N/A    N/A     N/A    0.76    N/A
Norwich     2.50    N/A    0.50    N/A    2.50    N/A    0.50    N/A
Mt. Elgin    N/A    N/A     N/A    N/A    N/A     N/A     N/A    N/A
Kent Bridge 2.50    N/A    0.50    N/A    2.50    N/A    0.50    N/A
Chatham      N/A    N/A     N/A    N/A    N/A     1.35   0.70    N/A
Brigden      N/A    N/A     N/A    N/A    N/A     N/A    0.70    N/A
Palmerston   N/A    1.30   0.50   0.40    N/A     1.30   0.70   0.50
Varna       2.50    1.35   0.70    N/A    2.50    1.35   0.60    N/A
Mitchell    2.50    1.75   0.50    N/A    2.50    1.25   0.50    N/A
Thornton     N/A    N/A     N/A   0.39    N/A     N/A     N/A    N/A
North Gower  N/A    N/A     N/A    N/A    N/A     N/A     N/A   1.05

TERMINAL
Sarnia       N/A    N/A     N/A    N/A    N/A     N/A     N/A    N/A
Hamilton     N/A    N/A     N/A    N/A    N/A     N/A     N/A    N/A
Pt. Stanley  N/A    N/A     N/A    N/A    N/A     N/A     N/A    N/A

PROCESSORS
Toledo FM     4.00N/A        1.45N/A    N/A     N/A        1.45N/A

Toledo El. 4.96US         6.16CA        5.01US          6.22CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 15        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 2.82          1.76            1.10          1.19
CAD $/bu              7.75          6.69            6.04          6.83
CAD $/tonne         284.80        245.98          221.77        250.89

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

FEED GRAINS
Bayport Wheat             290.00
Bayport Oats              300.00
Bayport Barley            275.00
FOB Hm Soymeal            481.61 - 487.12
DDG's FOB Srn & Aylm      210.00 - 215.00


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