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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, March 27</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2855 up 0.0002</u></div>
<div><u>Chicago corn closed steady to slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAY18 HI 3.76 DEC18 HI 3.98 1/2</u></div>
<div><u> LOW 3.72 1/4 LOW 3.95 1/4</u></div>
<div><u> CLOSE3.74 Unchanged CLOSE 3.97 Up 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 4.44 174.80 0.70 4.67 183.85</u></div>
<div><u>CK High 0.80 4.54 178.73 0.80 4.77 187.79</u></div>
<div><u>CK Avg 0.73 -0.26 4.47 176.11 0.73 -0.31 4.70 185.16</u></div>
<div><u>Essex Cty 0.75 4.49 176.76 0.75 4.72 185.82</u></div>
<div><u>Mdsx Low 0.70 4.44 174.80 0.70 4.67 183.85</u></div>
<div><u>Mdsx High 0.75 4.49 176.76 0.70 4.67 183.85</u></div>
<div><u>Mdsx Avg 0.73 -0.27 4.47 175.78 0.70 -0.34 4.67 183.85</u></div>
<div><u>Hensall 0.78 4.52 177.75 0.73 4.70 184.83</u></div>
<div><u>Bruce 0.75 4.49 176.76 0.70 4.67 183.85</u></div>
<div><u>Putnam 0.75 4.49 176.76 0.70 4.67 183.85</u></div>
<div><u>Burford 0.75 4.49 176.76 0.75 4.72 185.82</u></div>
<div><u>Port Perry 0.75 4.49 176.76 0.75 4.72 185.82</u></div>
<div><u>Norfolk 0.80 4.54 178.73 0.80 4.77 187.79</u></div>
<div><u>Palmerston 0.75 4.49 176.76 0.75 4.72 185.82</u></div>
<div><u>Varna 0.80 4.54 178.73 0.75 4.72 185.82</u></div>
<div><u>Trenton 0.85 4.59 180.70 0.80 4.77 187.79</u></div>
<div><u>Winchester 1.00 4.74 186.61 1.05 5.02 197.63</u></div>
<div><u>North Gower 0.99 4.73 186.21 1.03 5.00 196.84</u></div>
<div><u>Huron FOB 0.95 4.69 184.64 0.80 4.77 187.79</u></div>
<div><u>Kent FOB 0.92 4.66 183.46 0.80 4.77 187.79</u></div>
<div><u>Lamb FOB 1.00 4.74 186.61 0.80 4.77 187.79</u></div>
<div><u>Mdsx FOB 0.80 0.80 0.80N/A 4.54 178.73 0.75 4.72 185.82</u></div>
<div><u>FOB SW Que 1.34 5.08 199.99 1.11 5.08 199.99</u></div>
<div><u>Track 1.15 4.89 192.51N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 0.87 4.84 190.54</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 4.97 195.66</u></div>
<div><u>Sarn-Eth 1.00 1.00 1.00N/A 4.74 186.61N/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 N/A 0.95 4.92 193.69</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 5.07 199.60</u></div>
<div><u>W O Feed 1.31 5.05 198.89</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.42 5.16 203.14</u></div>
<div><u>Toledo El. -0.09 3.65 143.69 -0.26 3.71 146.17</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.75 4.49</u></div>
<div><u>HI SD CRN 0.80 4.54</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2855 up 0.0002</u></div>
<div><u>Chicago soybeans closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAY18 HI 10.31 1/4 NOV18 HI 10.29 3/4</u></div>
<div><u> LOW 10.17 1/4 LOW 10.18</u></div>
<div><u> CLOSE10.19 1/2 Down 6 CLOSE 10.20 1/2 Down 5</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 2.15 12.35 453.602.14 12.35 453.60</u></div>
<div><u>CK High 2.20 12.40 455.442.20 12.41 455.81</u></div>
<div><u>CK Average 2.19 -0.5612.39 455.072.17 -0.5812.38 454.83</u></div>
<div><u>Essex Cty 2.25 12.45 457.282.20 12.41 455.81</u></div>
<div><u>Mdsx Low 2.19 12.39 455.072.14 12.35 453.60</u></div>
<div><u>Mdsx High 2.20 12.40 455.442.20 12.41 455.81</u></div>
<div><u>Mdsx Average 2.20 -0.5612.39 455.252.17 -0.5812.38 454.70</u></div>
<div><u>Hensall 2.18 12.37 454.522.20 12.41 455.81</u></div>
<div><u>Bruce 2.20 12.40 455.442.20 12.41 455.81</u></div>
<div><u>Putnam 2.20 12.40 455.442.20 12.41 455.81</u></div>
<div><u>Burford 2.26 12.46 457.642.21 12.42 456.17</u></div>
<div><u>Port Perry 2.19 12.39 455.072.14 12.35 453.60</u></div>
<div><u>Norfolk 2.20 12.40 455.442.25 12.46 457.64</u></div>
<div><u>Palmerston 2.20 12.40 455.442.20 12.41 455.81</u></div>
<div><u>Varna 2.15 12.35 453.602.20 12.41 455.81</u></div>
<div><u>Trenton 2.20 12.40 455.442.20 12.41 455.81</u></div>
<div><u>Winchester 2.09 12.29 451.402.09 12.30 451.76</u></div>
<div><u>North Gower 2.10 12.30 451.762.15 12.36 453.97</u></div>
<div><u>Huron FOB 2.25 12.45 457.282.30 12.51 459.48</u></div>
<div><u>Kent FOB 2.30 12.50 459.112.20 12.41 455.81</u></div>
<div><u>Lambton FOB 2.25 12.45 457.282.35 12.56 461.32</u></div>
<div><u>Middlesex FOB2.10 2.29 2.38 2.38 12.30 451.762.24 12.45 457.28</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton N/A 2.65 12.86 472.34</u></div>
<div><u>Prescott 2.40 12.60 462.792.56 12.77 469.03</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.31 9.89 363.27-0.39 9.82 360.80</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2855 up 0.0002</u></div>
<div><u>Chicago wheat closed moderately lower.</u></div>
<div><u>MAY18 HI 4.57 1/2 JUL18 HI 4.74</u></div>
<div><u> LOW 4.48 3/4 LOW 4.66</u></div>
<div><u> CLOSE 4.49 Down 5 1/4 CLOSE 4.66 1/2 Down 5</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>MAY18 HI 6.04 SEP18 HI 6.17 1/2</u></div>
<div><u> LOW 5.91 1/4 LOW 6.06</u></div>
<div><u> CLOSE 5.93 1/4 Down 4 CLOSE 6.08 1/4 Down 3 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 1.22 1.15 0.96 0.34</u></div>
<div><u>CAD $/bu 5.71 5.64 5.45 6.28</u></div>
<div><u>CAD $/tonne 209.72 207.36 200.27 230.62</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 0.97 1.22 0.84 N/A 1.20 0.94 0.88 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 0.85 0.25 1.15 1.00 0.90 0.50</u></div>
<div><u>Essex N/A N/A N/A N/A N/A N/A 0.83 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 0.94 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.07 0.93 0.25 N/A 1.20 1.13 0.28</u></div>
<div><u>W O Feed 1.50</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 1.41 N/A N/A N/A 1.33 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.54US 5.84CA 4.62US 5.93CA</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 1.20 1.07 1.01 0.32</u></div>
<div><u>CAD $/bu 5.87 5.74 5.68 6.41</u></div>
<div><u>CAD $/tonne 215.63 210.90 208.54 235.35</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 538.38</u></div>
<div><u>DDG's FOB Srn & Aylm 225.00 - 230.00</u></div>
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<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" id="LPlnk813066" 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="LPlnk42413" 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;
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%;
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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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