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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, April 24</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3516 up 0.0013</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAY17 HI 3.60 1/2 DEC17 HI 3.85 1/2</u></div>
<div><u> LOW 3.56 1/4 LOW 3.80 1/2</u></div>
<div><u> CLOSE3.59 1/4 Up 2 1/4 CLOSE 3.83 1/2 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 4.29 168.99 0.90 4.74 186.41</u></div>
<div><u>CK High 0.80 4.39 172.93 0.95 4.79 188.38</u></div>
<div><u>CK Avg 0.78 -0.35 4.38 172.27 0.94 -0.30 4.78 188.05</u></div>
<div><u>Essex Cty 0.50 4.09 161.11 0.85 4.69 184.44</u></div>
<div><u>Mdsx Low 0.80 4.39 172.93 0.95 4.79 188.38</u></div>
<div><u>Mdsx High 0.80 4.39 172.93 0.95 4.79 188.38</u></div>
<div><u>Mdsx Avg 0.80 -0.34 4.39 172.93 0.95 -0.29 4.79 188.38</u></div>
<div><u>Hensall 0.80 4.39 172.93 0.95 4.79 188.38</u></div>
<div><u>Bruce 0.80 4.39 172.93 1.00 4.84 190.35</u></div>
<div><u>Putnam 0.80 4.39 172.93 0.95 4.79 188.38</u></div>
<div><u>Burford 0.85 4.44 174.89 0.95 4.79 188.38</u></div>
<div><u>Port Perry 1.00 4.59 180.80 0.95 4.79 188.38</u></div>
<div><u>Norfolk 0.90 4.49 176.86 1.00 4.84 190.35</u></div>
<div><u>Palmerston 0.80 4.39 172.93 0.90 4.74 186.41</u></div>
<div><u>Varna 0.80 4.39 172.93 0.95 4.79 188.38</u></div>
<div><u>Trenton 1.05 4.64 182.77 0.95 4.79 188.38</u></div>
<div><u>Winchester 1.20 4.79 188.67 1.25 5.09 200.19</u></div>
<div><u>North Gower 1.12 4.71 185.52 1.00 4.84 190.35</u></div>
<div><u>Huron FOB 1.05 4.64 182.77 0.95 4.79 188.38</u></div>
<div><u>Kent FOB 1.10 4.69 184.74 0.90 4.74 186.41</u></div>
<div><u>Lamb FOB 1.00 4.59 180.80 0.85 4.69 184.44</u></div>
<div><u>Mdsx FOB 0.85 0.90 0.90 0.90 4.44 174.89 0.95 4.79 188.38</u></div>
<div><u>FOB SW Que 1.20 4.79 188.67N/A</u></div>
<div><u>Track 1.23 4.82 189.66N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A 1.20 1.25 1.25 1.07 4.91 193.10</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 4.89 192.31</u></div>
<div><u>Sarn-Eth N/A 1.25 1.25 1.25 N/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 4.94 194.28</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A 1.15 4.99 196.25</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 1.25 5.09 200.19</u></div>
<div><u>W O Feed 1.36 4.96 195.13</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.58 5.17 203.63</u></div>
<div><u>Toledo El. -0.09 3.50 137.71 -0.34 3.50 137.69</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Sarnia 1.10 4.69 184.74 0.95 4.79188 3/8</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.75 4.34 1/4 0.92 1/2 4.76</u></div>
<div><u>HI SD CRN 0.80 4.39 1/4 0.95 4.78 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 1.3516 up 0.0013</u></div>
<div><u>Chicago soybeans closed slightly to moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAY17 HI 9.62 1/4 NOV17 HI 9.68 1/2</u></div>
<div><u> LOW 9.51 1/2 LOW 9.60 1/4</u></div>
<div><u> CLOSE9.61 1/4 Up 10 1/4 CLOSE 9.67 1/2 Up 8</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 2.60 12.21 448.732.35 12.03 441.84</u></div>
<div><u>CK High 2.65 12.26 450.572.45 12.13 445.52</u></div>
<div><u>CK Average 2.63 -0.5512.24 449.832.39 -0.7412.07 443.37</u></div>
<div><u>Essex Cty 2.65 12.26 450.572.35 12.03 441.84</u></div>
<div><u>Mdsx Low 2.61 12.22 449.102.36 12.04 442.21</u></div>
<div><u>Mdsx High 2.70 12.31 452.412.45 12.13 445.52</u></div>
<div><u>Mdsx Average 2.66 -0.5312.27 450.752.41 -0.7312.08 443.86</u></div>
<div><u>Hensall 2.68 12.29 451.492.45 12.13 445.52</u></div>
<div><u>Bruce 2.60 12.21 448.732.45 12.13 445.52</u></div>
<div><u>Putnam 2.60 12.21 448.732.45 12.13 445.52</u></div>
<div><u>Burford 2.72 12.33 453.142.47 12.15 446.25</u></div>
<div><u>Port Perry 2.61 12.22 449.102.36 12.04 442.21</u></div>
<div><u>Norfolk 2.67 12.28 451.302.47 12.15 446.25</u></div>
<div><u>Palmerston 2.65 12.26 450.572.40 12.08 443.68</u></div>
<div><u>Varna 2.65 12.26 450.572.45 12.13 445.52</u></div>
<div><u>Trenton 2.65 12.26 450.572.50 12.18 447.35</u></div>
<div><u>Winchester 2.60 12.21 448.732.80 12.48 458.38</u></div>
<div><u>North Gower 2.46 12.07 443.592.50 12.18 447.35</u></div>
<div><u>Huron FOB 2.80 12.41 456.082.55 12.23 449.19</u></div>
<div><u>Kent FOB 2.72 12.33 453.142.37 12.05 442.58</u></div>
<div><u>Lambton FOB 2.60 12.21 448.732.55 12.23 449.19</u></div>
<div><u>Middlesex FOB2.78 2.85 N/A N/A 12.39 455.352.57 12.25 449.93</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Hamilton 3.08 3.01 N/A N/A 12.69 466.372.95 12.63 463.89</u></div>
<div><u> N/A N/A N/A</u></div>
<div><u>TRANSFER</u></div>
<div><u>Prescott 2.76 12.37 454.612.96 12.64 464.26</u></div>
<div><u>Sarnia 2.52 12.13 445.792.76 12.44 456.91</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.31 9.30 341.79-0.57 9.11 334.66</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3516 up 0.0013</u></div>
<div><u>Chicago wheat closed slightly lower.</u></div>
<div><u>MAY17 HI 4.08 1/2 JUL17 HI 4.25</u></div>
<div><u> LOW 4.01 1/4 LOW 4.18</u></div>
<div><u> CLOSE 4.02 1/2 Down 2 1/2 CLOSE 4.19 1/4 Down 1 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>MAY17 HI 5.31 SEP17 HI 5.45 3/4</u></div>
<div><u> LOW 5.20 LOW 5.37 1/4</u></div>
<div><u> CLOSE 5.21 1/2 Down 5 CLOSE 5.38 3/4 Down 3 1/2</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 0.34</u></div>
<div><u>CAD $/bu 4.69 4.69 4.69 5.56</u></div>
<div><u>CAD $/tonne 172.40 172.40 172.40 204.15</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 0.73 0.67 N/A 0.92 0.72 0.72 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 0.75 0.75 0.60</u></div>
<div><u>Essex N/A N/A 0.51 N/A N/A N/A 0.66 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 0.75 N/A N/A N/A 0.75 N/A</u></div>
<div><u>Brigden N/A N/A 0.75 N/A N/A N/A 0.75 N/A</u></div>
<div><u>Palmerston N/A 0.70 0.70 0.40 N/A 0.75 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 0.15 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 0.58 0.58 0.16 N/A 1.12 1.12 0.72</u></div>
<div><u>W O Feed 1.39</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Sarnia N/A N/A 1.02 N/A 1.36 N/A 1.15 N/A</u></div>
<div><u>Prescott N/A N/A N/A N/A N/A N/A 0.98 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.41N/A N/A N/A 1.47N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 3.93US 5.30CA 4.04US 5.46CA</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 1.06 1.06 1.06 0.81</u></div>
<div><u>CAD $/bu 5.26 5.26 5.26 6.19</u></div>
<div><u>CAD $/tonne 193.11 193.11 193.11 227.59</u></div>
<div><br>
</div>
<div>(C)-Basis over the Chicago Board of Trade futures</div>
<div>(M)-Basis over the Minneapolis Grain Exchange</div>
<div><br>
</div>
<div>FEED GRAINS</div>
<div>FOB Hm Soymeal 464.52</div>
<div>DDG's FOB Srn & Aylm 175.00</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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