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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, March 21</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2917 down 0.0135</u></div>
<div><u>Chicago corn closed narrowly mixed.</u></div>
<div><u><br>
</u></div>
<div><u> MAY18 HI 3.75 3/4 DEC18 HI 3.97 3/4</u></div>
<div><u> LOW 3.73 3/4 LOW 3.95 3/4</u></div>
<div><u> CLOSE3.75 Up 1/2 CLOSE 3.96 3/4 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 +MAY18+JUL18+JUL18</u></div>
<div><u>CK Low 0.75 4.50 177.16 0.75 4.72 185.72</u></div>
<div><u>CK High 0.80 4.55 179.13 0.80 4.77 187.69</u></div>
<div><u>CK Avg 0.76 -0.26 4.51 177.49 0.76 -0.31 4.73 186.05</u></div>
<div><u>Essex Cty 0.75 4.50 177.16 0.75 4.72 185.72</u></div>
<div><u>Mdsx Low 0.75 4.50 177.16 0.75 4.72 185.72</u></div>
<div><u>Mdsx High 0.80 4.55 179.13 0.75 4.72 185.72</u></div>
<div><u>Mdsx Avg 0.78 -0.25 4.53 178.14 0.75 -0.32 4.72 185.72</u></div>
<div><u>Hensall 0.80 4.55 179.13 0.75 4.72 185.72</u></div>
<div><u>Bruce 0.80 4.55 179.13 0.75 4.72 185.72</u></div>
<div><u>Putnam 0.80 4.55 179.13 0.75 4.72 185.72</u></div>
<div><u>Burford 0.80 4.55 179.13 0.80 4.77 187.69</u></div>
<div><u>Port Perry 0.80 4.55 179.13 0.80 4.77 187.69</u></div>
<div><u>Norfolk 0.80 4.55 179.13 0.80 4.77 187.69</u></div>
<div><u>Palmerston 0.75 4.50 177.16 0.75 4.72 185.72</u></div>
<div><u>Varna 0.80 4.55 179.13 0.75 4.72 185.72</u></div>
<div><u>Trenton 0.85 4.60 181.09 0.80 4.77 187.69</u></div>
<div><u>Winchester 1.00 4.75 187.00 1.00 4.97 195.56</u></div>
<div><u>North Gower 0.99 4.74 186.61 1.03 5.00 196.74</u></div>
<div><u>Huron FOB 0.95 4.70 185.03 0.80 4.77 187.69</u></div>
<div><u>Kent FOB 0.95 4.70 185.03 0.85 4.82 189.66</u></div>
<div><u>Lamb FOB 1.05 4.80 188.97 0.85 4.82 189.66</u></div>
<div><u>Mdsx FOB 0.80 0.80 0.80N/A 4.55 179.13 0.75 4.72 185.72</u></div>
<div><u>FOB SW Que 1.34 5.09 200.38 1.07 5.04 198.32</u></div>
<div><u>Track 1.15 4.90 192.90N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 1.11N/A 0.93 4.90 192.81</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 1.00 4.97 195.56</u></div>
<div><u>Sarn-Eth 1.00 1.00 1.00N/A 4.75 187.00N/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 4.92 193.59</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 5.07 199.50</u></div>
<div><u>W O Feed 1.36 5.11 201.01</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.51 5.26 207.08</u></div>
<div><u>Toledo El. -0.09 3.66 144.07 -0.26 3.71 146.02</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.77 1/2 4.52 1/2</u></div>
<div><u>HI SD CRN 0.80 4.55</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2917 down 0.0135</u></div>
<div><u>Chicago soybeans closed narrowly mixed.</u></div>
<div><u><br>
</u></div>
<div><u> MAY18 HI 10.37 1/4 NOV18 HI 10.31</u></div>
<div><u> LOW 10.24 3/4 LOW 10.22</u></div>
<div><u> CLOSE10.29 3/4 Up 1 1/2 CLOSE 10.26 1/4 Up 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+MAY1+JUL18</u></div>
<div><u>CK Low 2.20 12.50 459.202.25 12.51 459.76</u></div>
<div><u>CK High 2.35 12.65 464.722.35 12.61 463.43</u></div>
<div><u>CK Average 2.28 -0.5612.58 462.272.30 -0.5412.56 461.59</u></div>
<div><u>Essex Cty 2.30 12.60 462.882.30 12.56 461.59</u></div>
<div><u>Mdsx Low 2.20 12.50 459.202.25 12.51 459.76</u></div>
<div><u>Mdsx High 2.30 12.60 462.882.35 12.61 463.43</u></div>
<div><u>Mdsx Average 2.25 -0.5812.55 461.042.30 -0.5412.56 461.59</u></div>
<div><u>Hensall 2.28 12.57 461.962.33 12.59 462.51</u></div>
<div><u>Bruce 2.30 12.60 462.882.35 12.61 463.43</u></div>
<div><u>Putnam 2.35 12.65 464.722.40 12.66 465.27</u></div>
<div><u>Burford 2.27 12.57 461.782.32 12.58 462.33</u></div>
<div><u>Port Perry 2.20 12.50 459.202.25 12.51 459.76</u></div>
<div><u>Norfolk 2.25 12.55 461.042.35 12.61 463.43</u></div>
<div><u>Palmerston 2.35 12.65 464.722.35 12.61 463.43</u></div>
<div><u>Varna 2.30 12.60 462.882.35 12.61 463.43</u></div>
<div><u>Trenton 2.30 12.60 462.882.30 12.56 461.59</u></div>
<div><u>Winchester 2.20 12.50 459.202.15 12.41 456.08</u></div>
<div><u>North Gower 2.27 12.57 461.782.27 12.53 460.49</u></div>
<div><u>Huron FOB 2.35 12.65 464.722.40 12.66 465.27</u></div>
<div><u>Kent FOB 2.40 12.70 466.552.30 12.56 461.59</u></div>
<div><u>Lambton FOB 2.25 12.55 461.042.50 12.76 468.94</u></div>
<div><u>Middlesex FOB2.24 2.44 2.52 2.52 12.54 460.672.35 12.61 463.43</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton N/A 2.75 13.01 478.13</u></div>
<div><u>Prescott 2.63 12.93 475.002.78 13.04 479.23</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.31 9.99 366.98-0.39 9.87 362.84</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2917 down 0.0135</u></div>
<div><u>Chicago wheat closed slightly higher.</u></div>
<div><u>MAY18 HI 4.54 1/2 JUL18 HI 4.70 1/2</u></div>
<div><u> LOW 4.46 3/4 LOW 4.62 1/4</u></div>
<div><u> CLOSE 4.53 1/2 Up 1/2 CLOSE 4.69 1/4 Up 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>MAY18 HI 5.94 3/4 SEP18 HI 6.11 3/4</u></div>
<div><u> LOW 5.82 3/4 LOW 6.00 1/2</u></div>
<div><u> CLOSE 5.89 1/4 Down 4 CLOSE 6.07 Down 4 1/4</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 1.26 1.19 1.00 0.36</u></div>
<div><u>CAD $/bu 5.79 5.73 5.54 6.26</u></div>
<div><u>CAD $/tonne 212.87 210.50 203.38 229.84</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 0.94 1.27 0.82 N/A 1.24 0.98 0.86 N/A</u></div>
<div><u>Hensall 1.10 N/A 0.90 N/A 1.15 N/A 0.95 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 1.10 1.10 0.90 0.25 1.15 1.00 0.95 0.50</u></div>
<div><u>Essex N/A N/A N/A N/A N/A N/A 0.90 N/A</u></div>
<div><u>Norwich 1.10 N/A 0.90 N/A 1.15 N/A 0.95 N/A</u></div>
<div><u>Port Hope N/A N/A 0.95 N/A N/A 1.00 1.00 N/A</u></div>
<div><u>Kent Bridge 1.10 N/A 0.90 N/A 1.15 N/A 0.95 N/A</u></div>
<div><u>Chatham N/A N/A 0.90 N/A N/A N/A 0.95 N/A</u></div>
<div><u>Brigden N/A N/A 0.90 N/A N/A N/A 0.95 N/A</u></div>
<div><u>Palmerston N/A 1.00 0.90 0.25 N/A 1.00 1.00 0.50</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 0.90 N/A 1.15 1.00 0.95 N/A</u></div>
<div><u>Thornton N/A N/A N/A 1.08 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.15 1.01 0.34 N/A 1.18 1.21 0.38</u></div>
<div><u>W O Feed 1.55</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 1.45 N/A N/A N/A 1.37 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.59US 5.92CA 4.64US 6.00CA</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 1.24 1.11 1.05 0.35</u></div>
<div><u>CAD $/bu 5.93 5.80 5.74 6.42</u></div>
<div><u>CAD $/tonne 217.98 213.23 210.86 235.89</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 527.46</u></div>
<div><u>DDG's FOB Srn & Aylm 225.00 - 230.00</u></div>
<div><u><br>
</u></div>
<u></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" id="LPlnk41941" previewremoved="true"><span style="font-size:10.0pt;line-height:115%;
font-family:"Courier New";color:#336699;text-decoration:none;text-underline:
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" id="LPlnk601734" previewremoved="true"><span style="font-size:10.0pt;line-height:115%;
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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;
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<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%;
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