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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, April 7</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3397 down 0.0012</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAY17 HI 3.61 3/4 DEC17 HI 3.86 1/2</u></div>
<div><u> LOW 3.57 1/4 LOW 3.82 1/2</u></div>
<div><u> CLOSE3.59 1/2 Down 1 1/4 CLOSE 3.84 1/2 Down 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 4.30 169.09 0.80 4.65 182.87</u></div>
<div><u>CK High 0.75 4.35 171.06 0.85 4.70 184.83</u></div>
<div><u>CK Avg 0.73 -0.37 4.32 170.07 0.84 -0.35 4.69 184.51</u></div>
<div><u>Essex Cty 0.55 4.15 163.18 0.75 4.60 180.90</u></div>
<div><u>Mdsx Low 0.75 4.35 171.06 0.85 4.70 184.83</u></div>
<div><u>Mdsx High 0.75 4.35 171.06 0.90 4.75 186.80</u></div>
<div><u>Mdsx Avg 0.75 -0.35 4.35 171.06 0.88 -0.32 4.72 185.82</u></div>
<div><u>Hensall 0.75 4.35 171.06 0.90 4.75 186.80</u></div>
<div><u>Bruce 0.80 4.40 173.02 1.00 4.85 190.74</u></div>
<div><u>Putnam 0.65 4.25 167.12 0.80 4.65 182.87</u></div>
<div><u>Burford 0.80 4.40 173.02 0.90 4.75 186.80</u></div>
<div><u>Port Perry 1.00 4.60 180.90 0.90 4.75 186.80</u></div>
<div><u>Norfolk 0.80 4.40 173.02 0.95 4.80 188.77</u></div>
<div><u>Palmerston 0.75 4.35 171.06 0.80 4.65 182.87</u></div>
<div><u>Varna 0.70 4.30 169.09 0.90 4.75 186.80</u></div>
<div><u>Trenton 1.05 4.65 182.87 0.95 4.80 188.77</u></div>
<div><u>Winchester 1.15 4.75 186.80 1.15 5.00 196.64</u></div>
<div><u>North Gower 1.12 4.72 185.62 1.00 4.85 190.74</u></div>
<div><u>Huron FOB 1.10 4.70 184.83 1.00 4.85 190.74</u></div>
<div><u>Kent FOB 1.00 4.60 180.90 0.85 4.70 184.83</u></div>
<div><u>Lamb FOB 1.00 4.60 180.90 0.85 4.70 184.83</u></div>
<div><u>Mdsx FOB 0.85 0.85 0.85N/A 4.45 174.99 0.85 4.70 184.83</u></div>
<div><u>FOB SW Que 1.21 4.81 189.16N/A</u></div>
<div><u>Track 1.20 4.80 188.77N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth 1.20 1.25 1.25 1.25 4.80 188.77 1.00 4.85 190.74</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.18 5.03 197.83</u></div>
<div><u>Aylmer-Eth N/A N/A N/A 1.25 1.05 4.90 192.71</u></div>
<div><u>Sarn-Eth 1.20 1.30 1.30N/A 4.80 188.77N/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 4.83 189.95</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 4.95 194.68</u></div>
<div><u>W O Feed 1.37 4.96 195.31</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.66 5.26 206.88</u></div>
<div><u>Toledo El. -0.12 3.47 136.78 -0.34 3.51 138.18</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Sarnia 1.10 4.70 184.83 0.95 4.80188 7/9</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.72 1/2 4.32</u></div>
<div><u>HI SD CRN 0.75 4.34 1/2</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 1.3397 down 0.0012</u></div>
<div><u>Chicago soybeans closed narrowly mixed.</u></div>
<div><u><br>
</u></div>
<div><u> MAY17 HI 9.45 1/2 NOV17 HI 9.52 3/4</u></div>
<div><u> LOW 9.37 1/2 LOW 9.46</u></div>
<div><u> CLOSE9.42 Up 1/2 CLOSE 9.49 1/2 Down 1 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 11.91 437.622.37 11.87 435.96</u></div>
<div><u>CK High 2.55 11.97 439.822.45 11.95 438.90</u></div>
<div><u>CK Average 2.52 -0.5211.94 438.542.42 -0.6111.91 437.68</u></div>
<div><u>Essex Cty 2.55 11.97 439.822.45 11.95 438.90</u></div>
<div><u>Mdsx Low 2.49 11.91 437.622.35 11.85 435.23</u></div>
<div><u>Mdsx High 2.55 11.97 439.822.45 11.95 438.90</u></div>
<div><u>Mdsx Average 2.52 -0.5111.94 438.722.40 -0.6211.90 437.07</u></div>
<div><u>Hensall 2.60 12.02 441.662.50 12.00 440.74</u></div>
<div><u>Bruce 2.60 12.02 441.662.50 12.00 440.74</u></div>
<div><u>Putnam 2.70 12.12 445.332.55 12.05 442.58</u></div>
<div><u>Burford 2.60 12.02 441.662.46 11.96 439.27</u></div>
<div><u>Port Perry 2.49 11.91 437.622.35 11.85 435.23</u></div>
<div><u>Norfolk 2.55 11.97 439.822.53 12.03 441.84</u></div>
<div><u>Palmerston 2.60 12.02 441.662.50 12.00 440.74</u></div>
<div><u>Varna 2.65 12.07 443.502.55 12.05 442.58</u></div>
<div><u>Trenton 2.60 12.02 441.662.50 12.00 440.74</u></div>
<div><u>Winchester 2.45 11.87 436.152.60 12.10 444.42</u></div>
<div><u>North Gower 2.52 11.94 438.722.56 12.06 442.95</u></div>
<div><u>Huron FOB 2.80 12.22 449.012.65 12.15 446.25</u></div>
<div><u>Kent FOB 2.60 12.02 441.662.38 11.88 436.33</u></div>
<div><u>Lambton FOB 2.65 12.07 443.502.60 12.10 444.42</u></div>
<div><u>Middlesex FOB2.66 2.66 N/A N/A 12.08 443.862.52 12.02 441.48</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Hamilton 2.95 2.90 N/A N/A 12.37 454.522.90 12.40 455.44</u></div>
<div><u> N/A N/A N/A</u></div>
<div><u>TRANSFER</u></div>
<div><u>Prescott 2.66 12.08 443.862.87 12.37 454.34</u></div>
<div><u>Sarnia 2.37 11.79 433.212.68 12.18 447.35</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.36 9.06 332.83-0.52 8.97 329.67</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3397 down 0.0012</u></div>
<div><u>Chicago wheat closed slightly higher.</u></div>
<div><u>MAY17 HI 4.25 1/4 JUL17 HI 4.37 1/4</u></div>
<div><u> LOW 4.19 1/2 LOW 4.32</u></div>
<div><u> CLOSE 4.24 Up 3/4 CLOSE 4.36 1/4 Up 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>MAY17 HI 5.23 3/4 SEP17 HI 5.39</u></div>
<div><u> LOW 5.17 1/4 LOW 5.33 3/4</u></div>
<div><u> CLOSE 5.18 1/4 Down 3 1/2 CLOSE 5.34 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 0.71 0.71 0.71 0.29</u></div>
<div><u>CAD $/bu 4.95 4.95 4.95 5.47</u></div>
<div><u>CAD $/tonne 181.72 181.72 181.72 201.05</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 0.95 N/A 0.75 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 0.90 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 0.51 N/A N/A N/A 0.65 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 0.65 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 0.70 N/A N/A 0.70 0.75 0.60</u></div>
<div><u>Varna 0.85 0.75 0.75 N/A 1.10 0.80 0.80 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 0.60 0.60 0.10 N/A 1.12 1.12 0.66</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 1.02 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.44N/A N/A N/A 1.48N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.34US 5.82CA 4.21US 5.65CA</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 1.08 1.08 1.08 0.75</u></div>
<div><u>CAD $/bu 5.44 5.44 5.44 6.09</u></div>
<div><u>CAD $/tonne 200.07 200.07 200.07 223.83</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 460.11</u></div>
<div><u>DDG's FOB Srn & Aylm 175.00</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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