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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, March 23</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2835 down 0.0052</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAY18 HI 3.78 1/4 DEC18 HI 3.99 3/4</u></div>
<div><u> LOW 3.69 1/4 LOW 3.91 1/2</u></div>
<div><u> CLOSE3.77 1/4 Up 1 1/4 CLOSE 3.99 1/4 Up 1 1/4</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 0.70 4.47 176.07 0.70 4.69 184.74</u></div>
<div><u>CK High 0.80 4.57 180.01 0.80 4.79 188.67</u></div>
<div><u>CK Avg 0.73 -0.26 4.51 177.39 0.73 -0.31 4.73 186.05</u></div>
<div><u>Essex Cty 0.75 4.52 178.04 0.75 4.74 186.70</u></div>
<div><u>Mdsx Low 0.70 4.47 176.07 0.70 4.69 184.74</u></div>
<div><u>Mdsx High 0.75 4.52 178.04 0.70 4.69 184.74</u></div>
<div><u>Mdsx Avg 0.73 -0.27 4.50 177.06 0.70 -0.34 4.69 184.74</u></div>
<div><u>Hensall 0.75 4.52 178.04 0.71 4.70 185.13</u></div>
<div><u>Bruce 0.80 4.57 180.01 0.75 4.74 186.70</u></div>
<div><u>Putnam 0.80 4.57 180.01 0.75 4.74 186.70</u></div>
<div><u>Burford 0.75 4.52 178.04 0.75 4.74 186.70</u></div>
<div><u>Port Perry 0.80 4.57 180.01 0.80 4.79 188.67</u></div>
<div><u>Norfolk 0.80 4.57 180.01 0.80 4.79 188.67</u></div>
<div><u>Palmerston 0.75 4.52 178.04 0.75 4.74 186.70</u></div>
<div><u>Varna 0.75 4.52 178.04 0.70 4.69 184.74</u></div>
<div><u>Trenton 0.80 4.57 180.01 0.75 4.74 186.70</u></div>
<div><u>Winchester 1.00 4.77 187.89 1.05 5.04 198.51</u></div>
<div><u>North Gower 0.99 4.76 187.49 1.03 5.02 197.73</u></div>
<div><u>Huron FOB 0.95 4.72 185.92 0.80 4.79 188.67</u></div>
<div><u>Kent FOB 0.95 4.72 185.92 0.82 4.81 189.46</u></div>
<div><u>Lamb FOB 1.00 4.77 187.89 0.80 4.79 188.67</u></div>
<div><u>Mdsx FOB 0.80 0.80 0.80N/A 4.57 180.01 0.75 4.74 186.70</u></div>
<div><u>FOB SW Que 1.38 5.15 202.84 1.07 5.06 199.30</u></div>
<div><u>Track 1.15 4.92 193.79N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 0.87 4.86 191.43</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 4.99 196.55</u></div>
<div><u>Sarn-Eth 1.00 1.00 1.00N/A 4.77 187.89N/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 4.94 194.58</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 5.09 200.48</u></div>
<div><u>W O Feed 1.35 5.12 201.66</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.43 5.20 204.81</u></div>
<div><u>Toledo El. -0.09 3.68 144.98 -0.26 3.74 147.07</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.75 4.52 1/4</u></div>
<div><u>HI SD CRN 0.80 4.57 1/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2835 down 0.0052</u></div>
<div><u>Chicago soybeans closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAY18 HI 10.34 1/4 NOV18 HI 10.31</u></div>
<div><u> LOW 10.09 1/4 LOW 10.12 1/2</u></div>
<div><u> CLOSE10.28 1/4 Down 1 1/2 CLOSE 10.26 1/2 Down 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 2.10 12.38 454.982.05 12.32 452.50</u></div>
<div><u>CK High 2.17 12.45 457.552.20 12.47 458.01</u></div>
<div><u>CK Average 2.15 -0.6012.43 456.632.15 -0.5912.41 456.11</u></div>
<div><u>Essex Cty 2.20 12.48 458.652.15 12.42 456.17</u></div>
<div><u>Mdsx Low 2.15 12.43 456.822.14 12.41 455.81</u></div>
<div><u>Mdsx High 2.17 12.45 457.552.20 12.47 458.01</u></div>
<div><u>Mdsx Average 2.16 -0.5912.44 457.182.17 -0.5812.44 456.91</u></div>
<div><u>Hensall 2.15 12.43 456.822.20 12.47 458.01</u></div>
<div><u>Bruce 2.15 12.43 456.822.20 12.47 458.01</u></div>
<div><u>Putnam 2.35 12.63 464.162.40 12.67 465.36</u></div>
<div><u>Burford 2.24 12.52 460.122.21 12.48 458.38</u></div>
<div><u>Port Perry 2.17 12.45 457.552.14 12.41 455.81</u></div>
<div><u>Norfolk 2.15 12.43 456.822.20 12.47 458.01</u></div>
<div><u>Palmerston 2.10 12.38 454.982.05 12.32 452.50</u></div>
<div><u>Varna 2.15 12.43 456.822.20 12.47 458.01</u></div>
<div><u>Trenton 2.20 12.48 458.652.20 12.47 458.01</u></div>
<div><u>Winchester 2.05 12.33 453.142.10 12.37 454.34</u></div>
<div><u>North Gower 2.18 12.46 457.922.18 12.45 457.28</u></div>
<div><u>Huron FOB 2.25 12.53 460.492.30 12.57 461.68</u></div>
<div><u>Kent FOB 2.25 12.53 460.492.15 12.42 456.17</u></div>
<div><u>Lambton FOB 2.25 12.53 460.492.30 12.57 461.68</u></div>
<div><u>Middlesex FOB2.08 2.27 2.36 2.36 12.36 454.242.22 12.49 458.75</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton N/A 2.60 12.87 472.71</u></div>
<div><u>Prescott 2.29 12.57 461.962.46 12.73 467.56</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.31 9.97 366.50-0.39 9.88 363.03</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2835 down 0.0052</u></div>
<div><u>Chicago wheat closed slightly higher.</u></div>
<div><u>MAY18 HI 4.61 3/4 JUL18 HI 4.77 3/4</u></div>
<div><u> LOW 4.46 1/2 LOW 4.63 1/4</u></div>
<div><u> CLOSE 4.60 1/4 Up 4 1/2 CLOSE 4.76 1/2 Up 4 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately higher.</u></div>
<div><u>MAY18 HI 6.04 SEP18 HI 6.15 1/2</u></div>
<div><u> LOW 5.88 1/2 LOW 6.04 1/4</u></div>
<div><u> CLOSE 6.02 3/4 Up 9 3/4 CLOSE 6.15 Up 6 3/4</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 1.24 1.18 0.98 0.36</u></div>
<div><u>CAD $/bu 5.84 5.78 5.59 6.39</u></div>
<div><u>CAD $/tonne 214.70 212.35 205.27 234.75</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 0.85 N/A N/A N/A 0.90 N/A</u></div>
<div><u>London 0.89 1.21 0.76 N/A 1.19 0.93 0.80 N/A</u></div>
<div><u>Hensall 1.10 N/A 0.85 N/A 1.15 N/A 0.90 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 0.84 N/A</u></div>
<div><u>Norwich 1.10 N/A 0.85 N/A 1.15 N/A 0.90 N/A</u></div>
<div><u>Port Hope N/A N/A 0.90 N/A N/A 1.00 1.00 N/A</u></div>
<div><u>Kent Bridge 1.10 N/A 0.85 N/A 1.15 N/A 0.90 N/A</u></div>
<div><u>Chatham N/A N/A 0.85 N/A N/A N/A 0.90 N/A</u></div>
<div><u>Brigden N/A N/A 0.85 N/A N/A N/A 0.90 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 1.15 1.20 0.85 N/A 1.10 1.10 0.90 N/A</u></div>
<div><u>Mitchell 1.10 1.10 0.85 N/A 1.15 1.00 0.90 N/A</u></div>
<div><u>Thornton N/A N/A N/A 0.95 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.09 0.94 0.26 N/A 1.23 1.16 0.29</u></div>
<div><u>W O Feed 1.52</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 1.43 N/A N/A N/A 1.35 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.65US 5.97CA 4.72US 6.05CA</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 1.22 1.09 1.03 0.33</u></div>
<div><u>CAD $/bu 5.99 5.86 5.80 6.48</u></div>
<div><u>CAD $/tonne 220.01 215.29 212.94 238.17</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 542.24</u></div>
<div><u>DDG's FOB Srn & Aylm 225.00 - 230.00</u></div>
<div><u><br>
</u></div>
<p></p>
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<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>
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