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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, April 5</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3411 down 0.0004</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAY17 HI 3.65 3/4 DEC17 HI 3.90 1/4</u></div>
<div><u> LOW 3.61 1/2 LOW 3.86 1/2</u></div>
<div><u> CLOSE3.64 3/4 Up 1 3/4 CLOSE 3.89 1/4 Up 1 1/2</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 0.70 4.35 171.15 0.80 4.69 184.74</u></div>
<div><u>CK High 0.70 4.35 171.15 0.85 4.74 186.70</u></div>
<div><u>CK Avg 0.70 -0.40 4.35 171.15 0.81 -0.38 4.70 185.06</u></div>
<div><u>Essex Cty 0.55 4.20 165.25 0.75 4.64 182.77</u></div>
<div><u>Mdsx Low 0.70 4.35 171.15 0.80 4.69 184.74</u></div>
<div><u>Mdsx High 0.70 4.35 171.15 0.85 4.74 186.70</u></div>
<div><u>Mdsx Avg 0.70 -0.40 4.35 171.15 0.83 -0.37 4.72 185.72</u></div>
<div><u>Hensall 0.70 4.35 171.15 0.85 4.74 186.70</u></div>
<div><u>Bruce 0.70 4.35 171.15 0.85 4.74 186.70</u></div>
<div><u>Putnam 0.65 4.30 169.19 0.80 4.69 184.74</u></div>
<div><u>Burford 0.75 4.40 173.12 0.80 4.69 184.74</u></div>
<div><u>Port Perry 0.95 4.60 181.00 0.85 4.74 186.70</u></div>
<div><u>Norfolk 0.80 4.45 175.09 0.90 4.79 188.67</u></div>
<div><u>Palmerston 0.75 4.40 173.12 0.80 4.69 184.74</u></div>
<div><u>Varna 0.70 4.35 171.15 0.85 4.74 186.70</u></div>
<div><u>Trenton 1.05 4.70 184.93 0.90 4.79 188.67</u></div>
<div><u>Winchester 1.15 4.80 188.87 1.15 5.04 198.51</u></div>
<div><u>North Gower 1.07 4.72 185.72 1.00 4.89 192.61</u></div>
<div><u>Huron FOB 1.05 4.70 184.93 0.95 4.84 190.64</u></div>
<div><u>Kent FOB 1.00 4.65 182.96 0.85 4.74 186.70</u></div>
<div><u>Lamb FOB 1.00 4.65 182.96 0.85 4.74 186.70</u></div>
<div><u>Mdsx FOB 0.90 0.90 0.95N/A 4.55 179.03 0.80 4.69 184.74</u></div>
<div><u>FOB SW Que 1.21 4.86 191.23N/A</u></div>
<div><u>Track 1.20 4.85 190.84N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth 1.20 1.25 1.25 1.25 4.85 190.84 1.00 4.89 192.61</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.18 5.07 199.70</u></div>
<div><u>Aylmer-Eth N/A N/A N/A 1.25 1.05 4.94 194.58</u></div>
<div><u>Sarn-Eth 1.20 1.30 1.30N/A 4.85 190.84N/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 0.98 4.87 191.82</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 N/A 1.10 4.99 196.55</u></div>
<div><u>W O Feed 1.37 5.01 197.37</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.66 5.31 208.95</u></div>
<div><u>Toledo El. -0.12 3.53 138.85 -0.33 3.56 140.05</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Sarnia 1.10 4.75 186.90 0.95 4.84190 2/3</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.70 4.34 3/4</u></div>
<div><u>HI SD CRN 0.70 4.34 3/4</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 1.3411 down 0.0004</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAY17 HI 9.48 1/2 NOV17 HI 9.58 1/4</u></div>
<div><u> LOW 9.37 1/4 LOW 9.48 3/4</u></div>
<div><u> CLOSE9.44 1/4 Up 6 1/2 CLOSE 9.54 Up 5</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 2.50 11.94 438.812.41 11.95 439.09</u></div>
<div><u>CK High 2.55 11.99 440.652.50 12.04 442.39</u></div>
<div><u>CK Average 2.54 -0.5011.98 440.162.45 -0.5911.99 440.62</u></div>
<div><u>Essex Cty 2.55 11.99 440.652.45 11.99 440.56</u></div>
<div><u>Mdsx Low 2.52 11.96 439.552.39 11.93 438.35</u></div>
<div><u>Mdsx High 2.60 12.04 442.492.50 12.04 442.39</u></div>
<div><u>Mdsx Average 2.56 -0.4812.00 441.022.45 -0.5911.99 440.37</u></div>
<div><u>Hensall 2.60 12.04 442.492.50 12.04 442.39</u></div>
<div><u>Bruce 2.60 12.04 442.492.50 12.04 442.39</u></div>
<div><u>Putnam 2.70 12.14 446.162.55 12.09 444.23</u></div>
<div><u>Burford 2.63 12.07 443.592.50 12.04 442.39</u></div>
<div><u>Port Perry 2.53 11.97 439.912.40 11.94 438.72</u></div>
<div><u>Norfolk 2.55 11.99 440.652.55 12.09 444.23</u></div>
<div><u>Palmerston 2.60 12.04 442.492.50 12.04 442.39</u></div>
<div><u>Varna 2.60 12.04 442.492.50 12.04 442.39</u></div>
<div><u>Trenton 2.65 12.09 444.322.50 12.04 442.39</u></div>
<div><u>Winchester 2.45 11.89 436.972.70 12.24 449.74</u></div>
<div><u>North Gower 2.42 11.86 435.872.60 12.14 446.07</u></div>
<div><u>Huron FOB 2.75 12.19 448.002.60 12.14 446.07</u></div>
<div><u>Kent FOB 2.60 12.04 442.492.40 11.94 438.72</u></div>
<div><u>Lambton FOB 2.65 12.09 444.322.60 12.14 446.07</u></div>
<div><u>Middlesex FOB2.69 2.69 N/A N/A 12.13 445.792.56 12.10 444.60</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Hamilton 3.00 2.95 N/A N/A 12.44 457.182.95 12.49 458.93</u></div>
<div><u> N/A N/A N/A</u></div>
<div><u>TRANSFER</u></div>
<div><u>Prescott 2.63 12.07 443.592.81 12.35 453.78</u></div>
<div><u>Sarnia 2.47 11.91 437.712.79 12.33 453.05</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.36 9.08 333.66-0.52 9.02 331.34</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3411 down 0.0004</u></div>
<div><u>Chicago wheat closed slightly higher.</u></div>
<div><u>MAY17 HI 4.30 1/2 JUL17 HI 4.43 1/4</u></div>
<div><u> LOW 4.25 LOW 4.38 3/4</u></div>
<div><u> CLOSE 4.29 3/4 Up 2 3/4 CLOSE 4.42 1/2 Up 2 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>MAY17 HI 5.30 SEP17 HI 5.46 1/4</u></div>
<div><u> LOW 5.23 1/4 LOW 5.39 3/4</u></div>
<div><u> CLOSE 5.24 1/2 Down 2 3/4 CLOSE 5.40 1/2 Down 3</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 0.72 0.72 0.72 0.31</u></div>
<div><u>CAD $/bu 5.02 5.02 5.02 5.55</u></div>
<div><u>CAD $/tonne 184.48 184.48 184.48 204.05</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 0.78 0.78 0.71 N/A 0.96 N/A 0.76 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 0.62 N/A N/A N/A 0.76 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 0.28 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 0.61 0.61 0.12 N/A 1.12 1.12 0.67</u></div>
<div><u>W O Feed 1.38</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Sarnia N/A N/A 1.07 N/A N/A N/A 1.12 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 1.46N/A N/A N/A 1.50N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.15US 5.56CA 4.28US 5.73CA</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 1.10 1.10 1.10 0.76</u></div>
<div><u>CAD $/bu 5.53 5.53 5.53 6.17</u></div>
<div><u>CAD $/tonne 203.07 203.07 203.07 226.69</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 462.76</u></div>
<div><u>DDG's FOB Srn & Aylm 175.00</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>
<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: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 102, 153); text-decoration-line: 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: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 102, 153); text-decoration-line: 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
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<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>
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