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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, March 13</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3453 down 0.0016</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAY17 HI 3.65 DEC17 HI 3.87 1/4</u></div>
<div><u> LOW 3.60 1/2 LOW 3.83 1/4</u></div>
<div><u> CLOSE3.61 Down 3 1/4 CLOSE 3.83 1/2 Down 3</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 0.70 4.31 169.68 0.75 4.59 180.50</u></div>
<div><u>CK High 0.70 4.31 169.68 0.80 4.64 182.47</u></div>
<div><u>CK Avg 0.70 -0.40 4.31 169.68 0.79 -0.39 4.63 182.14</u></div>
<div><u>Essex Cty 0.55 4.16 163.77 0.75 4.59 180.50</u></div>
<div><u>Mdsx Low 0.70 4.31 169.68 0.80 4.64 182.47</u></div>
<div><u>Mdsx High 0.70 4.31 169.68 0.85 4.69 184.44</u></div>
<div><u>Mdsx Avg 0.70 -0.40 4.31 169.68 0.83 -0.36 4.66 183.46</u></div>
<div><u>Hensall 0.70 4.31 169.68 0.85 4.69 184.44</u></div>
<div><u>Bruce 0.70 4.31 169.68 0.85 4.69 184.44</u></div>
<div><u>Putnam 0.70 4.31 169.68 0.85 4.69 184.44</u></div>
<div><u>Burford 0.70 4.31 169.68 0.80 4.64 182.47</u></div>
<div><u>Port Perry 0.95 4.56 179.52 0.85 4.69 184.44</u></div>
<div><u>Norfolk 0.80 4.41 173.61 0.90 4.74 186.41</u></div>
<div><u>Palmerston 0.75 4.36 171.65 0.80 4.64 182.47</u></div>
<div><u>Varna 0.70 4.31 169.68 0.85 4.69 184.44</u></div>
<div><u>Trenton 1.00 4.61 181.49 0.90 4.74 186.41</u></div>
<div><u>Winchester 1.15 4.76 187.39 1.12 4.96 195.07</u></div>
<div><u>North Gower 1.12 4.73 186.21 1.10 4.94 194.28</u></div>
<div><u>Huron FOB 1.03 4.64 182.67 0.85 4.69 184.44</u></div>
<div><u>Kent FOB 0.95 4.56 179.52 0.80 4.64 182.47</u></div>
<div><u>Lamb FOB 1.00 4.61 181.49 0.80 4.64 182.47</u></div>
<div><u>Mdsx FOB 0.90 0.90 0.95N/A 4.51 177.55 0.80 4.64 182.47</u></div>
<div><u>FOB SW Que 1.23 4.84 190.54N/A</u></div>
<div><u>Track 1.19 4.80 188.97N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth 1.15 1.20 1.20 1.23 4.76 187.39 1.00 4.84 190.35</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 4.84 190.35</u></div>
<div><u>Sarn-Eth 1.10 1.15 1.20 1.25 4.71 185.42N/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 N/A 1.03 4.87 191.53</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 4.97 195.46</u></div>
<div><u>W O Feed 1.39 5.00 196.76</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.66 5.27 207.47</u></div>
<div><u>Toledo El. -0.15 3.46 136.31 -0.34 3.50 137.76</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Sarnia 1.10 4.71 185.42 0.95 4.79188 3/8</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.70 4.311</u></div>
<div><u>HI SD CRN 0.70 4.311</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 1.3453 down 0.0016</u></div>
<div><u>Chicago soybeans closed mixed.</u></div>
<div><u><br>
</u></div>
<div><u> MAY17 HI 10.10 1/4 NOV17 HI 10.04 1/2</u></div>
<div><u> LOW 10.03 1/2 LOW 9.97 3/4</u></div>
<div><u> CLOSE10.06 Down 1/2 CLOSE 10.02 1/4 Up 2 1/2</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 2.73 12.79 469.952.60 12.62 463.80</u></div>
<div><u>CK High 2.80 12.86 472.522.65 12.67 465.63</u></div>
<div><u>CK Average 2.76 -0.5112.82 470.932.63 -0.6012.65 464.72</u></div>
<div><u>Essex Cty 2.75 12.81 470.692.60 12.62 463.80</u></div>
<div><u>Mdsx Low 2.73 12.79 469.952.62 12.64 464.53</u></div>
<div><u>Mdsx High 2.80 12.86 472.522.65 12.67 465.63</u></div>
<div><u>Mdsx Average 2.77 -0.5112.83 471.242.64 -0.5912.66 465.08</u></div>
<div><u>Hensall 2.80 12.86 472.522.68 12.70 466.55</u></div>
<div><u>Bruce 2.80 12.86 472.522.65 12.67 465.63</u></div>
<div><u>Putnam 2.80 12.86 472.522.65 12.67 465.63</u></div>
<div><u>Burford 2.82 12.88 473.262.71 12.73 467.84</u></div>
<div><u>Port Perry 2.73 12.79 469.952.62 12.64 464.53</u></div>
<div><u>Norfolk 2.81 12.87 472.892.76 12.78 469.68</u></div>
<div><u>Palmerston 2.75 12.81 470.692.65 12.67 465.63</u></div>
<div><u>Varna 2.80 12.86 472.522.70 12.72 467.47</u></div>
<div><u>Trenton 2.80 12.86 472.522.65 12.67 465.63</u></div>
<div><u>Winchester 2.80 12.86 472.522.70 12.72 467.47</u></div>
<div><u>North Gower 2.75 12.81 470.692.90 12.92 474.82</u></div>
<div><u>Huron FOB 2.95 13.01 478.042.80 12.82 471.15</u></div>
<div><u>Kent FOB 2.86 12.92 474.732.61 12.63 464.16</u></div>
<div><u>Lambton FOB 2.80 12.86 472.522.75 12.77 469.31</u></div>
<div><u>Middlesex FOB2.83 2.90 2.95 N/A 12.89 473.632.83 12.85 472.25</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Hamilton 3.20 3.25 3.33 N/A 13.26 487.223.15 13.17 484.01</u></div>
<div><u> N/A N/A N/A</u></div>
<div><u>TRANSFER</u></div>
<div><u>Prescott 2.93 12.99 477.303.09 13.11 481.80</u></div>
<div><u>Sarnia 2.69 12.75 468.482.95 12.97 476.66</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.43 9.63 353.86-0.52 9.50 349.02</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3453 down 0.0016</u></div>
<div><u>Chicago wheat closed moderately lower.</u></div>
<div><u>MAY17 HI 4.42 JUL17 HI 4.57 1/2</u></div>
<div><u> LOW 4.30 LOW 4.45 1/2</u></div>
<div><u> CLOSE 4.30 1/2 Down 10 CLOSE 4.46 1/2 Down 9 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately lower.</u></div>
<div><u>MAY17 HI 5.38 1/2 SEP17 HI 5.53 1/2</u></div>
<div><u> LOW 5.30 3/4 LOW 5.45 1/2</u></div>
<div><u> CLOSE 5.31 1/4 Down 7 1/4 CLOSE 5.46 Down 6 1/4</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 0.74 0.74 0.74 0.34</u></div>
<div><u>CAD $/bu 5.04 5.04 5.04 5.66</u></div>
<div><u>CAD $/tonne 185.24 185.24 185.24 207.80</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 0.70 N/A N/A N/A 0.75 N/A</u></div>
<div><u>London 0.77 0.71 0.64 N/A 0.90 0.69 0.69 N/A</u></div>
<div><u>Hensall 0.80 N/A 0.70 N/A 0.90 N/A 0.75 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 0.80 0.70 0.70 0.40 0.90 0.65 0.75 0.60</u></div>
<div><u>Essex N/A N/A 0.65 N/A N/A N/A 0.77 N/A</u></div>
<div><u>Norwich 0.80 N/A 0.70 N/A 0.90 N/A 0.75 N/A</u></div>
<div><u>Port Hope N/A N/A 0.70 N/A N/A 0.75 0.80 N/A</u></div>
<div><u>Kent Bridge 0.80 N/A 0.70 N/A 0.90 N/A 0.75 N/A</u></div>
<div><u>Chatham N/A N/A 0.70 N/A N/A N/A 0.75 N/A</u></div>
<div><u>Brigden N/A N/A 0.70 N/A N/A N/A 0.75 N/A</u></div>
<div><u>Palmerston N/A 0.70 0.55 N/A N/A 0.65 0.60 0.40</u></div>
<div><u>Varna 0.80 0.70 0.70 N/A 1.05 0.75 0.75 N/A</u></div>
<div><u>Mitchell 0.80 0.70 0.70 N/A 0.90 0.75 0.75 N/A</u></div>
<div><u>Thornton N/A N/A N/A 0.44 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 0.68 0.68 0.17 N/A 1.22 1.22 0.63</u></div>
<div><u>W O Feed 1.43</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Sarnia N/A N/A 1.02 N/A N/A N/A 1.15 N/A</u></div>
<div><u>Prescott N/A N/A N/A N/A N/A N/A 1.07 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.47N/A N/A N/A 1.53N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.11US 5.51CA 4.32US 5.79CA</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 1.13 1.13 1.13 0.80</u></div>
<div><u>CAD $/bu 5.59 5.59 5.59 6.26</u></div>
<div><u>CAD $/tonne 205.46 205.46 205.46 229.88</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 500.35</u></div>
<div><u>DDG's FOB Srn & Aylm 160.00 - 165.00</u></div>
<div><br>
</div>
<p class="MsoNormal"><span style="font-size:10.0pt;line-height:115%;font-family:
"Courier New";color:#333333;background:#FDFDFD"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;line-height:115%;font-family:
"Courier New";color:#333333;background:#FDFDFD">Blair Andrews</span><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333"><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:10.0pt;line-height:115%;
font-family:"Courier New";color:#336699;text-decoration:none;text-underline:
none">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:10.0pt;
line-height:115%;font-family:"Courier New";color:#333333;background:#FDFDFD">x
63577<span class="apple-converted-space"> </span></span><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333"><br>
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