<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1">
<style type="text/css" style="display:none;"><!-- P {margin-top:0;margin-bottom:0;} --></style>
</head>
<body dir="ltr">
<div id="divtagdefaultwrapper" style="font-size:10pt;color:#000000;font-family:'Courier New',monospace;" dir="ltr">
<p></p>
<div id="divtagdefaultwrapper" style="font-size:10pt;color:#000000;font-family:'Courier New',monospace;" dir="ltr">
<p></p>
<div id="divtagdefaultwrapper" style="font-size:10pt;color:#000000;font-family:'Courier New',monospace;" dir="ltr">
<p><u></u></p>
<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, March 8</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3481 up 0.0068</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAY17 HI 3.76 1/2 DEC17 HI 3.96 1/4</u></div>
<div><u> LOW 3.71 3/4 LOW 3.92 1/4</u></div>
<div><u> CLOSE3.72 1/4 Down 3 3/4 CLOSE 3.92 3/4 Down 3 1/4</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP BASIS NEW CROP BASIS</u></div>
<div><u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt</u></div>
<div><u>ELEVATORS +MAY17+JUL17+JUL17</u></div>
<div><u>CK Low 0.60 4.32 170.17 0.75 4.68 184.15</u></div>
<div><u>CK High 0.70 4.42 174.11 0.80 4.73 186.11</u></div>
<div><u>CK Avg 0.65 -0.48 4.37 172.14 0.79 -0.42 4.72 185.79</u></div>
<div><u>Essex Cty 0.50 4.22 166.23 0.75 4.68 184.15</u></div>
<div><u>Mdsx Low 0.65 4.37 172.14 0.80 4.73 186.11</u></div>
<div><u>Mdsx High 0.65 4.37 172.14 0.80 4.73 186.11</u></div>
<div><u>Mdsx Avg 0.65 -0.48 4.37 172.14 0.80 -0.42 4.73 186.11</u></div>
<div><u>Hensall 0.70 4.42 174.11 0.85 4.78 188.08</u></div>
<div><u>Bruce 0.70 4.42 174.11 0.80 4.73 186.11</u></div>
<div><u>Putnam 0.65 4.37 172.14 0.80 4.73 186.11</u></div>
<div><u>Burford 0.65 4.37 172.14 0.80 4.73 186.11</u></div>
<div><u>Port Perry 1.00 4.72 185.92 0.85 4.78 188.08</u></div>
<div><u>Norfolk 0.75 4.47 176.07 0.90 4.83 190.05</u></div>
<div><u>Palmerston 0.75 4.47 176.07 0.80 4.73 186.11</u></div>
<div><u>Varna 0.70 4.42 174.11 0.85 4.78 188.08</u></div>
<div><u>Trenton 1.00 4.72 185.92 0.85 4.78 188.08</u></div>
<div><u>Winchester 1.13 4.85 191.03 1.06 4.99 196.35</u></div>
<div><u>North Gower 1.12 4.84 190.64 1.00 4.93 193.99</u></div>
<div><u>Huron FOB 1.03 4.75 187.10 0.85 4.78 188.08</u></div>
<div><u>Kent FOB 0.95 4.67 183.95 0.80 4.73 186.11</u></div>
<div><u>Lamb FOB 1.00 4.72 185.92 0.80 4.73 186.11</u></div>
<div><u>Mdsx FOB 0.90 0.90 0.95N/A 4.62 181.98 0.80 4.73 186.11</u></div>
<div><u>FOB SW Que 1.22 4.94 194.58N/A</u></div>
<div><u>Track 1.23 4.95 194.77N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth 1.15 1.20 1.20 1.23 4.87 191.82 1.00 4.93 193.99</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Aylmer-Eth N/A N/A N/A 1.15 1.00 4.93 193.99</u></div>
<div><u>Sarn-Eth 1.15 1.15 1.20 1.25 4.87 191.82N/A</u></div>
<div><u>Kawartha N/A N/A N/A N/A N/A</u></div>
<div><u>London-Ing N/A N/A N/A 1.23 1.03 4.96 195.17</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A N/A</u></div>
<div><u>Cardnl-Ing N/A N/A 1.45N/A 1.13 5.06 199.10</u></div>
<div><u>W O Feed 1.39 5.12 201.43</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.69 5.41 213.08</u></div>
<div><u>Toledo El. -0.15 3.57 140.71 -0.34 3.59 141.36</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Sarnia 1.05 4.77 187.89 0.95 4.88192</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.65 1 4.37 1/4</u></div>
<div><u>HI SD CRN 0.70 4.42 1/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3481 up 0.0068</u></div>
<div><u>Chicago soybeans closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAY17 HI 10.27 3/4 NOV17 HI 10.15 3/4</u></div>
<div><u> LOW 10.18 1/2 LOW 10.07 3/4</u></div>
<div><u> CLOSE10.21 3/4 Down 3 1/2 CLOSE 10.10 1/4 Down 3 1/4</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP NEW CROP</u></div>
<div><u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt</u></div>
<div><u>ELEVATORS +MAY1+MAY1+JUL17</u></div>
<div><u>CK Low 2.70 12.92 474.642.65 12.75 468.57</u></div>
<div><u>CK High 2.80 13.02 478.312.70 12.80 470.41</u></div>
<div><u>CK Average 2.78 -0.5713.00 477.582.67 -0.6212.77 469.37</u></div>
<div><u>Essex Cty 2.70 12.92 474.642.70 12.80 470.41</u></div>
<div><u>Mdsx Low 2.78 13.00 477.582.66 12.76 468.94</u></div>
<div><u>Mdsx High 2.85 13.07 480.152.70 12.80 470.41</u></div>
<div><u>Mdsx Average 2.82 -0.5413.03 478.862.68 -0.6112.78 469.68</u></div>
<div><u>Hensall 2.83 13.04 479.232.73 12.83 471.33</u></div>
<div><u>Bruce 2.75 12.97 476.472.65 12.75 468.57</u></div>
<div><u>Putnam 2.85 13.07 480.152.70 12.80 470.41</u></div>
<div><u>Burford 2.87 13.09 480.882.75 12.85 472.25</u></div>
<div><u>Port Perry 2.78 13.00 477.582.66 12.76 468.94</u></div>
<div><u>Norfolk 2.85 13.07 480.152.80 12.90 474.09</u></div>
<div><u>Palmerston 2.75 12.97 476.472.70 12.80 470.41</u></div>
<div><u>Varna 2.80 13.02 478.312.75 12.85 472.25</u></div>
<div><u>Trenton 2.80 13.02 478.312.70 12.80 470.41</u></div>
<div><u>Winchester 2.86 13.08 480.522.92 13.02 478.49</u></div>
<div><u>North Gower 2.70 12.92 474.642.92 13.02 478.49</u></div>
<div><u>Huron FOB 2.90 13.12 481.992.85 12.95 475.92</u></div>
<div><u>Kent FOB 2.90 13.12 481.992.65 12.75 468.57</u></div>
<div><u>Lambton FOB 2.85 13.07 480.152.85 12.95 475.92</u></div>
<div><u>Middlesex FOB2.89 2.96 3.01 N/A 13.11 481.622.85 12.95 475.92</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Hamilton 3.30 3.35 3.42 N/A 13.52 496.683.20 13.30 488.78</u></div>
<div><u> N/A N/A N/A</u></div>
<div><u>TRANSFER</u></div>
<div><u>Prescott 2.97 13.19 484.563.11 13.21 485.48</u></div>
<div><u>Sarnia 2.78 13.00 477.583.04 13.14 482.90</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.43 9.79 359.59-0.53 9.58 351.90</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3481 up 0.0068</u></div>
<div><u>Chicago wheat closed moderately lower.</u></div>
<div><u>MAY17 HI 4.57 1/2 JUL17 HI 4.72</u></div>
<div><u> LOW 4.45 1/4 LOW 4.61</u></div>
<div><u> CLOSE 4.47 Down 9 1/2 CLOSE 4.62 3/4 Down 8 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly to moderately lower.</u></div>
<div><u>MAY17 HI 5.40 1/2 SEP17 HI 5.56</u></div>
<div><u> LOW 5.34 LOW 5.50</u></div>
<div><u> CLOSE 5.34 1/2 Down 5 CLOSE 5.50 1/4 Down 6</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 0.81 0.81 0.81 0.37</u></div>
<div><u>CAD $/bu 5.28 5.28 5.28 5.72</u></div>
<div><u>CAD $/tonne 194.03 194.03 194.03 210.11</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2016 Harvest 2017</u></div>
<div><u> DELIVERED BASIS DELIVERED BASIS</u></div>
<div><u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)</u></div>
<div><u>ELEVATORS</u></div>
<div><u>Brgssvll N/A N/A 0.65 N/A N/A N/A 0.70 N/A</u></div>
<div><u>London 0.84 0.77 0.70 N/A 0.96 0.75 0.75 N/A</u></div>
<div><u>Hensall 0.70 N/A 0.60 N/A 0.80 N/A 0.60 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 0.85 N/A</u></div>
<div><u>Bruce 0.70 0.70 0.60 0.40 0.80 0.65 0.70 0.60</u></div>
<div><u>Essex N/A N/A 0.66 N/A N/A N/A 0.76 N/A</u></div>
<div><u>Norwich 0.70 N/A 0.60 N/A 0.80 N/A 0.60 N/A</u></div>
<div><u>Port Hope N/A N/A 0.65 N/A N/A 0.60 0.70 N/A</u></div>
<div><u>Kent Bridge 0.70 N/A 0.60 N/A 0.80 N/A 0.60 N/A</u></div>
<div><u>Chatham N/A N/A 0.65 N/A N/A N/A 0.70 N/A</u></div>
<div><u>Brigden N/A N/A 0.65 N/A N/A N/A 0.70 N/A</u></div>
<div><u>Palmerston N/A 0.70 0.55 N/A N/A 0.65 0.60 0.60</u></div>
<div><u>Varna 0.75 0.65 0.65 N/A 1.00 0.70 0.70 N/A</u></div>
<div><u>Mitchell 0.70 0.60 0.60 N/A 0.80 0.60 0.60 N/A</u></div>
<div><u>Thornton N/A N/A N/A 0.64 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 0.72 0.72 0.17 N/A 1.25 1.25 0.72</u></div>
<div><u>W O Feed 1.42</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Sarnia N/A N/A 0.96 N/A N/A N/A 1.06 N/A</u></div>
<div><u>Prescott N/A N/A N/A N/A N/A N/A 1.13 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.55N/A N/A N/A 1.61N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.27US 5.75CA 4.48US 6.03CA</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 1.20 1.20 1.20 0.83</u></div>
<div><u>CAD $/bu 5.83 5.83 5.83 6.33</u></div>
<div><u>CAD $/tonne 214.20 214.20 214.20 232.76</u></div>
<div><u><br>
</u></div>
<div><u>(C)-Basis over the Chicago Board of Trade futures</u></div>
<div><u>(M)-Basis over the Minneapolis Grain Exchange</u></div>
<div><u><br>
</u></div>
<div><u>FEED GRAINS</u></div>
<div><u>FOB Hm Soymeal 498.36</u></div>
<div><u>DDG's FOB Srn & Aylm 160.00 - 165.00</u></div>
<div><u><br>
</u></div>
<u></u>
<p class="MsoNormal"><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);">Blair Andrews</span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<span style="background:#FDFDFD">Editor, AgriLink and Farm Market News<span class="apple-converted-space"> </span></span><br>
<span style="background:#FDFDFD">University of Guelph, Ridgetown Campus<span class="apple-converted-space"> </span></span><br>
<span style="background:#FDFDFD">Tel.<span class="apple-converted-space"> </span></span></span><a href="callto:519-674-1500"><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 102, 153);">519-674-1500</span></a><span class="apple-converted-space"><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);">x
63577<span class="apple-converted-space"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<span style="background:#FDFDFD">Fax.<span class="apple-converted-space"> </span></span></span><a href="callto:519-674-1530"><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 102, 153);">519-674-1530</span></a><span class="apple-converted-space"><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<br>
<span style="background:#FDFDFD">Click on this link:<span class="apple-converted-space"> </span></span></span><span class="object"><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span></span><span class="apple-converted-space"><span style="font-size:10.0pt;line-height:115%;
font-family:"Courier New";color:#333333;background:#FDFDFD"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);"> to
unsubscribe from this report.</span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<span style="background: rgb(253, 253, 253);">This Farm Market News product is sponsored by:</span><br>
<span style="background: rgb(253, 253, 253);">Grain Farmers of Ontario<u><o:p></o:p></u></span></span></p>
<u></u><br>
<p></p>
<div id="Signature">
<div id="divtagdefaultwrapper" style="font-size:12pt; color:#000000; background-color:#FFFFFF; font-family:Calibri,Arial,Helvetica,sans-serif">
<div><u><span style="font-family:"Courier New",monospace; font-size:10pt"></span></u></div>
<u><br>
</u>
<p></p>
<p><br>
</p>
</div>
</div>
</div>
<p></p>
</div>
<p></p>
</div>
</body>
</html>