FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, April 8 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.2508 up 0.0020 Chicago corn closed slightly lower. MAY15 HI 3.85 DEC15 HI 4.10 1/4 LOW 3.76 3/4 LOW 4.02 CLOSE3.79 1/4 Down 3 3/4 CLOSE 4.04 3/4 Down 3 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +MAY15+JUL15+SEP15 CK Low 0.75 4.54 178.83 0.40 4.45 175.09 CK High 0.80 4.59 180.80 0.45 4.50 177.06 CK Avg 0.78 -0.19 4.58 180.14 0.42 -0.62 4.46 175.75 Essex Cty 0.80 4.59 180.80 0.50 4.55 179.03 Mdsx Low 0.75 4.54 178.83 0.40 4.45 175.09 Mdsx High 0.80 4.59 180.80 0.40 4.45 175.09 Mdsx Avg 0.78 -0.19 4.57 179.81 0.40 -0.63 4.45 175.09 Hensall 0.78 4.57 179.81 0.43 4.47 176.07 Bruce 0.80 4.59 180.80 0.45 4.50 177.06 Putnam 0.80 4.59 180.80 0.45 4.50 177.06 Burford 0.75 4.54 178.83 0.40 4.45 175.09 Port Perry 0.75 4.54 178.83 0.45 4.50 177.06 Norfolk 0.75 4.54 178.83 0.40 4.45 175.09 Palmerston 0.80 4.59 180.80 0.45 4.50 177.06 Varna 0.80 4.59 180.80 0.45 4.50 177.06 Trenton 0.95 4.74 186.70 0.60 4.65 182.96 Winchester 1.00 4.79 188.67 0.95 5.00 196.74 North Gower 0.91 4.70 185.13 0.95 5.00 196.74 Huron FOB 0.85 4.64 182.77 0.50 4.55 179.03 Kent FOB 0.75 4.54 178.83 0.40 4.45 175.09 Lamb FOB 0.75 4.54 178.83 0.40 4.45 175.09 Mdsx FOB 0.75 0.75 0.75N/A 4.54 178.83 0.40 4.45 175.09 FOB SW Que N/A N/A Track 1.18 4.97 195.56N/A PROCESSORS Chat-Eth N/A N/A N/A N/A 0.75 4.80 188.87 Jhnstwn-Eth N/A N/A N/A N/A 0.93 4.98 195.96 Aylmer-Eth 0.85 0.85 0.90 1.00 4.64 182.77 N/A Sarn-Eth N/A N/A 1.00 1.10 N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A N/A 1.20 1.20 0.75 4.80 188.87 Pt.Colb-Ing N/A N/A N/A N/A 0.75 4.80 188.87 Cardnl-Ing N/A N/A N/A N/A 0.90 4.95 194.77 W O Feed 1.21 0.90 5.00 196.94 US Rep 1.30 0.99 5.09 200.48 Toledo El. -0.05 3.74 147.33 -0.41 3.63 143.03 TRANSFER Sarnia N/A N/A Pt. Stanley N/A N/A Hamilton N/A N/A MID SD CRN 0.77 1/2 4.56 3/4 HI SD CRN 0.80 4.59 1/4 *Wet Bid Bank of Canada Noon exchange rate was 1.2508 up 0.0020 Chicago soybeans closed narrowly mixed. MAY15 HI 9.75 NOV15 HI 9.67 1/2 LOW 9.67 3/4 LOW 9.57 3/4 CLOSE9.71 1/2 Up 1/2 CLOSE 9.60 1/2 Down 2 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+MAY1+AUG15 CK Low 1.60 11.32 415.761.39 11.00 404.00 CK High 1.75 11.47 421.271.50 11.11 408.04 CK Average 1.67 -0.8111.39 418.451.44 -1.0211.05 405.83 Essex Cty 1.98 11.70 429.721.82 11.43 419.80 Mdsx Low 1.60 11.32 415.761.37 10.98 403.26 Mdsx High 1.62 11.34 416.491.40 11.01 404.36 Mdsx Average 1.61 -0.8711.33 416.121.39 -1.0710.99 403.81 Hensall 1.63 11.34 416.671.43 11.03 405.28 Bruce 1.60 11.32 415.761.40 11.01 404.36 Putnam 1.70 11.42 419.431.50 11.11 408.04 Burford 1.65 11.37 417.591.40 11.01 404.36 Port Perry 1.62 11.34 416.491.37 10.98 403.26 Norfolk 1.65 11.37 417.591.40 11.01 404.36 Palmerston 1.70 11.42 419.431.45 11.06 406.20 Varna 1.75 11.47 421.271.55 11.16 409.88 Trenton 1.70 11.42 419.431.45 11.06 406.20 Winchester 1.80 11.52 423.101.80 11.41 419.06 North Gower 1.62 11.34 416.491.71 11.32 415.76 Huron FOB 1.80 11.52 423.101.60 11.21 411.71 Kent FOB 1.65 11.37 417.591.40 11.01 404.36 Lambton FOB 1.65 11.37 417.591.40 11.01 404.36 Middlesex FOB1.60 1.79 1.79 N/A 11.32 415.761.54 11.15 409.51 PROCESSORS Hamilton 2.08 2.27 2.29 N/A 11.80 433.392.10 11.71 430.09 Windsor 2.19 2.26 2.28 2.28 11.91 437.432.03 11.64 427.51 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. -0.08 9.64 354.20-0.41 9.19 337.70 Bank of Canada Noon exchange rate was 1.2508 up 0.0020 Chicago wheat closed narrowly mixed. MAY15 HI 5.30 3/4 JUL15 HI 5.30 LOW 5.18 1/4 LOW 5.17 1/2 CLOSE 5.26 1/4 Up 1/4 CLOSE 5.23 3/4 Down 1 1/4 Minni wheat closed slightly lower. MAY15 HI 5.89 SEP15 HI 6.01 LOW 5.78 LOW 5.90 CLOSE 5.80 1/2 Down 3 CLOSE 5.92 Down 4 GFO Cash Wheat Prices - DEL Terminal Current Crop 14 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 2.35 1.91 1.41 1.04 CAD $/bu 7.61 7.17 6.67 6.85 CAD $/tonne 279.71 263.56 245.10 251.68 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 1.25 N/A N/A 1.45 0.82 N/A London 2.32 1.63 1.26 N/A 1.27 1.27 0.71 N/A Hensall 2.35 N/A 1.30 N/A 1.45 N/A 0.80 N/A Trenton N/A N/A N/A N/A N/A N/A 0.80 N/A Winchester N/A N/A N/A N/A N/A N/A N/A N/A Essex N/A N/A 1.28 N/A N/A N/A 0.90 N/A Norwich 2.35 N/A 1.30 N/A 1.55 N/A 0.90 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge 2.35 N/A 1.30 N/A 1.55 N/A 0.80 N/A Chatham N/A N/A N/A N/A N/A 1.45 0.75 N/A Brigden N/A N/A N/A N/A N/A N/A 0.75 N/A Palmerston N/A 1.90 1.30 0.65 N/A 1.50 0.85 0.80 Varna 2.35 1.85 1.25 N/A 1.45 1.45 0.80 N/A Mitchell 2.35 1.90 1.30 N/A 1.45 1.45 0.80 N/A Thornton N/A N/A N/A 0.35 N/A N/A N/A N/A North Gower N/A N/A N/A N/A N/A N/A N/A 1.31 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 3.61N/A 1.47N/A N/A N/A 1.59N/A Toledo El. 5.33US 6.70CA 5.31US 6.66CA GFO Contract Wheat Prices - DEL Terminal Harvest 15 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.40 1.90 1.21 1.33 CAD $/bu 6.64 7.14 6.45 7.25 CAD $/tonne 243.95 262.41 237.03 266.21 (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 354.12 - 506.96 DDG's FOB Srn & Aylm 250.00 - 255.00