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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, April 11</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3335 down 0.0012</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAY17 HI 3.69 DEC17 HI 3.92</u></div>
<div><u> LOW 3.62 1/4 LOW 3.85 1/2</u></div>
<div><u> CLOSE3.66 1/2 Down 1/2 CLOSE 3.90 1/2 Down 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 4.37 171.84 0.85 4.76 187.20</u></div>
<div><u>CK High 0.80 4.47 175.78 0.85 4.76 187.20</u></div>
<div><u>CK Avg 0.75 -0.35 4.42 173.81 0.85 -0.33 4.76 187.20</u></div>
<div><u>Essex Cty 0.55 4.22 165.94 0.75 4.66 183.26</u></div>
<div><u>Mdsx Low 0.75 4.42 173.81 0.85 4.76 187.20</u></div>
<div><u>Mdsx High 0.75 4.42 173.81 0.90 4.81 189.16</u></div>
<div><u>Mdsx Avg 0.75 -0.35 4.42 173.81 0.88 -0.31 4.78 188.18</u></div>
<div><u>Hensall 0.75 4.42 173.81 0.90 4.81 189.16</u></div>
<div><u>Bruce 0.80 4.47 175.78 1.00 4.91 193.10</u></div>
<div><u>Putnam 0.65 4.32 169.87 0.80 4.71 185.23</u></div>
<div><u>Burford 0.80 4.47 175.78 0.90 4.81 189.16</u></div>
<div><u>Port Perry 1.00 4.67 183.65 0.90 4.81 189.16</u></div>
<div><u>Norfolk 0.85 4.52 177.75 0.95 4.86 191.13</u></div>
<div><u>Palmerston 0.75 4.42 173.81 0.85 4.76 187.20</u></div>
<div><u>Varna 0.75 4.42 173.81 0.90 4.81 189.16</u></div>
<div><u>Trenton 1.05 4.72 185.62 0.90 4.81 189.16</u></div>
<div><u>Winchester 1.18 4.85 190.74 1.17 5.08 199.79</u></div>
<div><u>North Gower 1.12 4.79 188.38 1.00 4.91 193.10</u></div>
<div><u>Huron FOB 1.03 4.70 184.83 0.95 4.86 191.13</u></div>
<div><u>Kent FOB 1.05 4.72 185.62 0.85 4.76 187.20</u></div>
<div><u>Lamb FOB 1.00 4.67 183.65 0.85 4.76 187.20</u></div>
<div><u>Mdsx FOB 0.85 0.90 0.90N/A 4.52 177.75 0.85 4.76 187.20</u></div>
<div><u>FOB SW Que 1.35 5.02 197.43N/A</u></div>
<div><u>Track 1.20 4.87 191.53N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth 1.20 1.30 1.30 1.27 4.87 191.53 1.07 4.98 195.86</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 1.25 1.05 4.96 195.07</u></div>
<div><u>Sarn-Eth 1.20 1.30 1.30N/A 4.87 191.53N/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 1.30 1.10 5.01 197.04</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 1.25 5.16 202.94</u></div>
<div><u>W O Feed 1.36 5.02 197.75</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.62 5.29 208.06</u></div>
<div><u>Toledo El. -0.12 3.55 139.57 -0.33 3.57 140.63</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Sarnia 1.10 4.77 187.59 0.95 4.86191 1/8</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.75 4.41 1/2</u></div>
<div><u>HI SD CRN 0.80 4.46 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 1.3335 down 0.0012</u></div>
<div><u>Chicago soybeans closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAY17 HI 9.45 NOV17 HI 9.53</u></div>
<div><u> LOW 9.29 3/4 LOW 9.41 1/2</u></div>
<div><u> CLOSE9.39 1/4 Down 2 1/2 CLOSE 9.48 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 2.44 11.83 434.772.32 11.81 433.76</u></div>
<div><u>CK High 2.55 11.94 438.812.45 11.94 438.54</u></div>
<div><u>CK Average 2.47 -0.4811.87 435.992.38 -0.5711.86 435.90</u></div>
<div><u>Essex Cty 2.55 11.94 438.812.45 11.94 438.54</u></div>
<div><u>Mdsx Low 2.44 11.83 434.772.30 11.79 433.02</u></div>
<div><u>Mdsx High 2.50 11.89 436.972.40 11.89 436.70</u></div>
<div><u>Mdsx Average 2.47 -0.4811.86 435.872.35 -0.6011.84 434.86</u></div>
<div><u>Hensall 2.53 11.92 437.892.43 11.91 437.62</u></div>
<div><u>Bruce 2.60 11.99 440.652.50 11.99 440.37</u></div>
<div><u>Putnam 2.70 12.09 444.322.55 12.04 442.21</u></div>
<div><u>Burford 2.55 11.94 438.812.41 11.90 437.07</u></div>
<div><u>Port Perry 2.44 11.83 434.772.30 11.79 433.02</u></div>
<div><u>Norfolk 2.50 11.89 436.972.50 11.99 440.37</u></div>
<div><u>Palmerston 2.60 11.99 440.652.50 11.99 440.37</u></div>
<div><u>Varna 2.55 11.94 438.812.45 11.94 438.54</u></div>
<div><u>Trenton 2.55 11.94 438.812.50 11.99 440.37</u></div>
<div><u>Winchester 2.34 11.73 431.102.59 12.08 443.68</u></div>
<div><u>North Gower 2.41 11.80 433.672.53 12.02 441.48</u></div>
<div><u>Huron FOB 2.70 12.09 444.322.55 12.04 442.21</u></div>
<div><u>Kent FOB 2.55 11.94 438.812.35 11.84 434.86</u></div>
<div><u>Lambton FOB 2.60 11.99 440.652.45 11.94 438.54</u></div>
<div><u>Middlesex FOB2.61 2.61 N/A N/A 12.00 441.022.47 11.96 439.27</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Hamilton 2.90 2.85 N/A N/A 12.29 451.672.85 12.34 453.23</u></div>
<div><u> N/A N/A N/A</u></div>
<div><u>TRANSFER</u></div>
<div><u>Prescott 2.66 12.05 442.852.87 12.36 453.97</u></div>
<div><u>Sarnia 2.42 11.81 434.042.73 12.22 448.82</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.36 9.03 331.91-0.52 8.97 329.44</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3335 down 0.0012</u></div>
<div><u>Chicago wheat closed slightly higher.</u></div>
<div><u>MAY17 HI 4.34 3/4 JUL17 HI 4.48 1/2</u></div>
<div><u> LOW 4.23 3/4 LOW 4.36 3/4</u></div>
<div><u> CLOSE 4.33 1/4 Up 4 1/2 CLOSE 4.47 1/2 Up 5 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately higher.</u></div>
<div><u>MAY17 HI 5.28 SEP17 HI 5.44 1/4</u></div>
<div><u> LOW 5.15 1/4 LOW 5.32 1/2</u></div>
<div><u> CLOSE 5.27 3/4 Up 8 1/2 CLOSE 5.43 1/2 Up 8</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 0.70 0.70 0.70 0.28</u></div>
<div><u>CAD $/bu 5.04 5.04 5.04 5.56</u></div>
<div><u>CAD $/tonne 185.04 185.04 185.04 204.36</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 0.75 0.75 0.68 N/A 0.93 0.66 0.73 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 0.85 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 0.70 N/A</u></div>
<div><u>Brigden N/A N/A 0.70 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 0.80 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 0.41 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 0.59 0.59 0.06 N/A 1.11 1.11 0.61</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 1.02 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. 4.23US 5.64CA 4.33US 5.76CA</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 0.74</u></div>
<div><u>CAD $/bu 5.56 5.56 5.56 6.17</u></div>
<div><u>CAD $/tonne 204.24 204.24 204.24 226.74</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 456.70</u></div>
<div><u>DDG's FOB Srn & Aylm 175.00</u></div>
<div><br>
</div>
<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: 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;
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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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