<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><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, March 31</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3322 up 0.0043</u></div>
<div><u>Chicago corn closed moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAY17 HI 3.66 3/4 DEC17 HI 3.90</u></div>
<div><u> LOW 3.55 LOW 3.78 3/4</u></div>
<div><u> CLOSE3.64 1/4 Up 6 3/4 CLOSE 3.88 1/4 Up 7 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 +JUL17+JUL17+SEP17</u></div>
<div><u>CK Low 0.65 4.29 168.99 0.75 4.63 182.37</u></div>
<div><u>CK High 0.70 4.34 170.96 0.80 4.68 184.34</u></div>
<div><u>CK Avg 0.67 -0.40 4.31 169.64 0.76 -0.39 4.64 182.70</u></div>
<div><u>Essex Cty 0.55 4.19 165.05 0.75 4.63 182.37</u></div>
<div><u>Mdsx Low 0.65 4.29 168.99 0.75 4.63 182.37</u></div>
<div><u>Mdsx High 0.65 4.29 168.99 0.80 4.68 184.34</u></div>
<div><u>Mdsx Avg 0.65 -0.41 4.29 168.99 0.78 -0.38 4.66 183.36</u></div>
<div><u>Hensall 0.68 4.32 169.97 0.83 4.71 185.33</u></div>
<div><u>Bruce 0.70 4.34 170.96 0.85 4.73 186.31</u></div>
<div><u>Putnam 0.65 4.29 168.99 0.80 4.68 184.34</u></div>
<div><u>Burford 0.70 4.34 170.96 0.80 4.68 184.34</u></div>
<div><u>Port Perry 0.90 4.54 178.83 0.85 4.73 186.31</u></div>
<div><u>Norfolk 0.75 4.39 172.93 0.85 4.73 186.31</u></div>
<div><u>Palmerston 0.75 4.39 172.93 0.80 4.68 184.34</u></div>
<div><u>Varna 0.70 4.34 170.96 0.85 4.73 186.31</u></div>
<div><u>Trenton 1.05 4.69 184.74 0.90 4.78 188.28</u></div>
<div><u>Winchester 1.15 4.79 188.67 1.15 5.03 198.12</u></div>
<div><u>North Gower 1.07 4.71 185.52 1.00 4.88 192.22</u></div>
<div><u>Huron FOB 1.02 4.66 183.55 0.90 4.78 188.28</u></div>
<div><u>Kent FOB 0.95 4.59 180.80 0.75 4.63 182.37</u></div>
<div><u>Lamb FOB 0.95 4.59 180.80 0.80 4.68 184.34</u></div>
<div><u>Mdsx FOB 0.90 0.90 0.95N/A 4.54 178.83 0.75 4.63 182.37</u></div>
<div><u>FOB SW Que 1.25 4.89 192.61N/A</u></div>
<div><u>Track 1.22 4.86 191.23N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth 1.20 1.25 1.25 1.25 4.84 190.64 1.00 4.88 192.22</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.18 5.06 199.30</u></div>
<div><u>Aylmer-Eth N/A N/A N/A N/A 1.00 4.88 192.22</u></div>
<div><u>Sarn-Eth 1.20 1.25 1.30N/A 4.84 190.64N/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 1.25 1.05 4.93 194.18</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 N/A 1.50 1.20 5.08 200.09</u></div>
<div><u>W O Feed 1.37 5.01 197.25</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.61 5.25 206.78</u></div>
<div><u>Toledo El. -0.09 3.55 139.74 -0.33 3.55 139.77</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Sarnia 1.10 4.74 186.70 0.95 4.83190 1/4</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.67 1/2 4.31 3/4</u></div>
<div><u>HI SD CRN 0.70 4.34 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 1.3322 up 0.0043</u></div>
<div><u>Chicago soybeans closed slightly to moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAY17 HI 9.66 1/2 NOV17 HI 9.67 1/4</u></div>
<div><u> LOW 9.44 1/4 LOW 9.49 1/2</u></div>
<div><u> CLOSE9.46 Down 17 CLOSE 9.54 Down 9 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+JUL1+JUL17</u></div>
<div><u>CK Low 2.49 11.95 439.092.34 11.88 436.52</u></div>
<div><u>CK High 2.55 12.01 441.292.45 11.99 440.56</u></div>
<div><u>CK Average 2.52 -0.4511.98 440.012.40 -0.5511.94 438.66</u></div>
<div><u>Essex Cty 2.55 12.01 441.292.45 11.99 440.56</u></div>
<div><u>Mdsx Low 2.49 11.95 439.092.32 11.86 435.78</u></div>
<div><u>Mdsx High 2.55 12.01 441.292.40 11.94 438.72</u></div>
<div><u>Mdsx Average 2.52 -0.4411.98 440.192.36 -0.5811.90 437.25</u></div>
<div><u>Hensall 2.55 12.01 441.292.43 11.97 439.64</u></div>
<div><u>Bruce 2.55 12.01 441.292.40 11.94 438.72</u></div>
<div><u>Putnam 2.70 12.16 446.802.55 12.09 444.23</u></div>
<div><u>Burford 2.59 12.05 442.762.42 11.96 439.45</u></div>
<div><u>Port Perry 2.49 11.95 439.092.32 11.86 435.78</u></div>
<div><u>Norfolk 2.55 12.01 441.292.55 12.09 444.23</u></div>
<div><u>Palmerston 2.60 12.06 443.132.50 12.04 442.39</u></div>
<div><u>Varna 2.55 12.01 441.292.45 11.99 440.56</u></div>
<div><u>Trenton 2.60 12.06 443.132.55 12.09 444.23</u></div>
<div><u>Winchester 2.50 11.96 439.452.55 12.09 444.23</u></div>
<div><u>North Gower 2.40 11.86 435.782.58 12.12 445.33</u></div>
<div><u>Huron FOB 2.70 12.16 446.802.55 12.09 444.23</u></div>
<div><u>Kent FOB 2.60 12.06 443.132.40 11.94 438.72</u></div>
<div><u>Lambton FOB 2.60 12.06 443.132.50 12.04 442.39</u></div>
<div><u>Middlesex FOB2.66 2.66 2.59 N/A 12.12 445.332.49 12.03 442.03</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Hamilton 3.00 2.90 N/A N/A 12.46 457.832.90 12.44 457.09</u></div>
<div><u> N/A N/A N/A</u></div>
<div><u>TRANSFER</u></div>
<div><u>Prescott 2.63 12.09 444.232.81 12.35 453.78</u></div>
<div><u>Sarnia 2.57 12.03 442.032.82 12.36 454.15</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.39 9.07 333.44-0.52 9.02 331.50</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3322 up 0.0043</u></div>
<div><u>Chicago wheat closed slightly higher.</u></div>
<div><u>MAY17 HI 4.32 1/4 JUL17 HI 4.44 3/4</u></div>
<div><u> LOW 4.16 1/2 LOW 4.29 1/2</u></div>
<div><u> CLOSE 4.26 1/2 Up 5 1/2 CLOSE 4.39 Up 5</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly to moderately lower.</u></div>
<div><u>MAY17 HI 5.50 SEP17 HI 5.61 1/2</u></div>
<div><u> LOW 5.33 1/2 LOW 5.47 1/2</u></div>
<div><u> CLOSE 5.34 1/4 Down 9 1/4 CLOSE 5.49 Down 5 3/4</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 0.67 0.67 0.67 0.29</u></div>
<div><u>CAD $/bu 4.93 4.93 4.93 5.64</u></div>
<div><u>CAD $/tonne 181.33 181.33 181.33 207.07</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 0.73 0.66 0.66 N/A 0.90 0.64 0.70 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 0.70 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 0.70 N/A N/A 0.70 0.75 0.60</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 0.24 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 0.56 0.56 0.13 N/A 1.08 1.08 0.67</u></div>
<div><u>W O Feed 1.36</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 1.13 N/A</u></div>
<div><u>Prescott N/A N/A N/A N/A N/A N/A 0.95 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.40N/A N/A N/A 1.44N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. N/A 4.24US 5.63CA</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 1.04 1.04 1.04 0.74</u></div>
<div><u>CAD $/bu 5.43 5.43 5.43 6.23</u></div>
<div><u>CAD $/tonne 199.63 199.63 199.63 228.92</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 464.52</u></div>
<div><u>DDG's FOB Srn & Aylm 175.00</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">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>
<span style="background:#FDFDFD">Fax.<span class="apple-converted-space"> </span></span></span><a href="callto:519-674-1530"><span style="font-size:10.0pt;line-height:115%;
font-family:"Courier New";color:#336699;text-decoration:none;text-underline:
none">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:10.0pt;
line-height:115%;font-family:"Courier New";color:#333333"><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:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> to
unsubscribe from this report.</span><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333"><br>
<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
<span style="background:#FDFDFD">Grain Farmers of Ontario<o:p></o:p></span></span></p>
<br>
<p></p>
<p><br>
</p>
<div id="Signature">
<div id="divtagdefaultwrapper" style="font-size:12pt; color:#000000; background-color:#FFFFFF; font-family:Calibri,Arial,Helvetica,sans-serif">
<p></p>
<div><br>
</div>
<p></p>
<p><br>
</p>
</div>
</div>
</div>
</body>
</html>