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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, March 15</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.304 up 0.0099</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAY18 HI 3.90 3/4 DEC18 HI 4.09</u></div>
<div><u> LOW 3.85 1/2 LOW 4.04 1/2</u></div>
<div><u> CLOSE3.86 3/4 Down 2 CLOSE 4.06 1/4 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 +MAY18+JUL18+JUL18</u></div>
<div><u>CK Low 0.65 4.52 177.85 0.65 4.71 185.52</u></div>
<div><u>CK High 0.75 4.62 181.78 0.75 4.81 189.46</u></div>
<div><u>CK Avg 0.73 -0.35 4.59 180.80 0.72 -0.40 4.78 188.15</u></div>
<div><u>Essex Cty 0.75 4.62 181.78 0.75 4.81 189.46</u></div>
<div><u>Mdsx Low 0.75 4.62 181.78 0.75 4.81 189.46</u></div>
<div><u>Mdsx High 0.80 4.67 183.75 0.75 4.81 189.46</u></div>
<div><u>Mdsx Avg 0.78 -0.31 4.64 182.77 0.75 -0.37 4.81 189.46</u></div>
<div><u>Hensall 0.80 4.67 183.75 0.75 4.81 189.46</u></div>
<div><u>Bruce 0.80 4.67 183.75 0.75 4.81 189.46</u></div>
<div><u>Putnam 0.80 4.67 183.75 0.75 4.81 189.46</u></div>
<div><u>Burford 0.80 4.67 183.75 0.80 4.86 191.43</u></div>
<div><u>Port Perry 0.80 4.67 183.75 0.80 4.86 191.43</u></div>
<div><u>Norfolk 0.80 4.67 183.75 0.80 4.86 191.43</u></div>
<div><u>Palmerston 0.65 4.52 177.85 0.65 4.71 185.52</u></div>
<div><u>Varna 0.80 4.67 183.75 0.75 4.81 189.46</u></div>
<div><u>Trenton 0.85 4.72 185.72 0.80 4.86 191.43</u></div>
<div><u>Winchester 1.00 4.87 191.63 1.00 5.06 199.30</u></div>
<div><u>North Gower 0.98 4.85 190.84 1.03 5.09 200.48</u></div>
<div><u>Huron FOB 0.95 4.82 189.66 0.80 4.86 191.43</u></div>
<div><u>Kent FOB 0.95 4.82 189.66 0.80 4.86 191.43</u></div>
<div><u>Lamb FOB 0.97 4.84 190.44 0.80 4.86 191.43</u></div>
<div><u>Mdsx FOB 0.80 0.80 0.80N/A 4.67 183.75 0.75 4.81 189.46</u></div>
<div><u>FOB SW Que 1.27 5.14 202.25 1.03 5.09 200.48</u></div>
<div><u>Track 1.13 4.99 196.55N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 1.11N/A 0.93 4.99 196.55</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 1.15 1.15 0.95 5.01 197.33</u></div>
<div><u>Sarn-Eth 1.00 1.00 1.00N/A 4.87 191.63N/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 1.20N/A 0.95 5.01 197.33</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 5.16 203.24</u></div>
<div><u>W O Feed 1.32 5.19 204.14</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.52 5.39 212.10</u></div>
<div><u>Toledo El. -0.09 3.78 148.66 -0.26 3.80 149.67</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.70 4.56 3/4</u></div>
<div><u>HI SD CRN 0.75 4.61 3/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.304 up 0.0099</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAY18 HI 10.46 1/4 NOV18 HI 10.39 1/4</u></div>
<div><u> LOW 10.27 LOW 10.24 1/2</u></div>
<div><u> CLOSE10.40 3/4 Up 8 1/2 CLOSE 10.33 1/2 Up 4 3/4</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+MAY1+JUL18</u></div>
<div><u>CK Low 2.18 12.59 462.512.25 12.59 462.42</u></div>
<div><u>CK High 2.35 12.76 468.762.35 12.69 466.09</u></div>
<div><u>CK Average 2.27 -0.6812.68 465.882.29 -0.6512.62 463.83</u></div>
<div><u>Essex Cty 2.30 12.71 466.922.25 12.59 462.42</u></div>
<div><u>Mdsx Low 2.18 12.59 462.512.28 12.62 463.52</u></div>
<div><u>Mdsx High 2.25 12.66 465.082.30 12.64 464.26</u></div>
<div><u>Mdsx Average 2.22 -0.7312.62 463.802.29 -0.6512.63 463.89</u></div>
<div><u>Hensall 2.25 12.66 465.082.30 12.64 464.26</u></div>
<div><u>Bruce 2.25 12.66 465.082.30 12.64 464.26</u></div>
<div><u>Putnam 2.25 12.66 465.082.30 12.64 464.26</u></div>
<div><u>Burford 2.25 12.66 465.082.35 12.69 466.09</u></div>
<div><u>Port Perry 2.18 12.59 462.512.28 12.62 463.52</u></div>
<div><u>Norfolk 2.25 12.66 465.082.30 12.64 464.26</u></div>
<div><u>Palmerston 2.35 12.76 468.762.35 12.69 466.09</u></div>
<div><u>Varna 2.25 12.66 465.082.30 12.64 464.26</u></div>
<div><u>Trenton 2.30 12.71 466.922.30 12.64 464.26</u></div>
<div><u>Winchester 2.26 12.67 465.451.97 12.31 452.13</u></div>
<div><u>North Gower 2.13 12.54 460.672.25 12.59 462.42</u></div>
<div><u>Huron FOB 2.35 12.76 468.762.40 12.74 467.93</u></div>
<div><u>Kent FOB 2.40 12.81 470.602.25 12.59 462.42</u></div>
<div><u>Lambton FOB 2.20 12.61 463.252.30 12.64 464.26</u></div>
<div><u>Middlesex FOB2.29 2.44 2.50 2.50 12.70 466.552.39 12.73 467.56</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton N/A 2.70 13.04 478.95</u></div>
<div><u>Prescott 2.56 12.97 476.472.72 13.06 479.69</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.31 10.09 370.91-0.39 9.94 365.37</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.304 up 0.0099</u></div>
<div><u>Chicago wheat closed lower.</u></div>
<div><u>MAY18 HI 4.93 1/4 JUL18 HI 5.10 1/2</u></div>
<div><u> LOW 4.76 LOW 4.93 1/4</u></div>
<div><u> CLOSE 4.78 3/4 Down 10 CLOSE 4.96 Down 10 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately lower.</u></div>
<div><u>MAY18 HI 6.29 1/4 SEP18 HI 6.41 1/4</u></div>
<div><u> LOW 6.15 1/4 LOW 6.28</u></div>
<div><u> CLOSE 6.15 1/2 Down 6 1/4 CLOSE 6.28 1/4 Down 6</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash 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 1.39 1.32 1.13 0.50</u></div>
<div><u>CAD $/bu 6.18 6.11 5.92 6.66</u></div>
<div><u>CAD $/tonne 226.98 224.59 217.40 244.59</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2017 Harvest 2018</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 0.90 N/A N/A N/A 0.95 N/A</u></div>
<div><u>London 1.06 1.39 0.94 N/A 1.36 1.10 0.97 N/A</u></div>
<div><u>Hensall 1.10 N/A 0.95 N/A 1.15 N/A 1.00 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.00 N/A</u></div>
<div><u>Bruce 1.05 1.05 0.90 0.20 1.10 0.95 0.95 0.35</u></div>
<div><u>Essex N/A N/A N/A N/A N/A N/A 0.95 N/A</u></div>
<div><u>Norwich 1.10 N/A 0.95 N/A 1.15 N/A 1.00 N/A</u></div>
<div><u>Port Hope N/A N/A 0.90 N/A N/A 0.95 0.95 N/A</u></div>
<div><u>Kent Bridge 1.10 N/A 0.95 N/A 1.15 N/A 1.00 N/A</u></div>
<div><u>Chatham N/A N/A 1.00 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Brigden N/A N/A 1.00 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Palmerston N/A 0.80 0.90 0.25 N/A 0.75 0.85 0.35</u></div>
<div><u>Varna 1.25 1.20 0.95 N/A 1.20 1.10 1.00 N/A</u></div>
<div><u>Mitchell 1.10 1.10 0.95 N/A 1.15 1.00 1.00 N/A</u></div>
<div><u>Thornton N/A N/A N/A 1.18 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.21 1.06 0.37 N/A 1.34 1.27 0.38</u></div>
<div><u>W O Feed 1.51</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.59 N/A N/A N/A 1.51 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.84US 6.31CA 4.91US 6.40CA</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 1.38 1.25 1.18 0.48</u></div>
<div><u>CAD $/bu 6.34 6.21 6.14 6.76</u></div>
<div><u>CAD $/tonne 232.85 228.06 225.67 248.30</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 532.43</u></div>
<div><u>DDG's FOB Srn & Aylm 220.00 - 225.00</u></div>
<div><u><br>
</u></div>
<u><br>
</u>
<p></p>
<p style="margin-top:0;margin-bottom:0"><u></u></p>
<p class="MsoNormal" style=""><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);">Blair Andrews</span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><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" style="" id="LPlnk720663" previewremoved="true"><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 102, 153);">519-674-1500</span></a><span class="apple-converted-space" style=""><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);">x
63577<span class="apple-converted-space"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<span style="background:#FDFDFD">Fax.<span class="apple-converted-space"> </span></span></span><a href="callto:519-674-1530" style="" id="LPlnk298779" previewremoved="true"><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 102, 153);">519-674-1530</span></a><span class="apple-converted-space" style=""><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
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<span style="background: rgb(253, 253, 253);">This Farm Market News product is sponsored by:</span><br>
<span style="background: rgb(253, 253, 253);">Grain Farmers of Ontario<u><o:p></o:p></u></span></span></p>
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