FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, March 27 (All Bases in CAD) Exchange rate was 1.2855 up 0.0002 Chicago corn closed steady to slightly higher. MAY18 HI 3.76 DEC18 HI 3.98 1/2 LOW 3.72 1/4 LOW 3.95 1/4 CLOSE3.74 Unchanged CLOSE 3.97 Up 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAY18+JUL18+JUL18 CK Low 0.70 4.44 174.80 0.70 4.67 183.85 CK High 0.80 4.54 178.73 0.80 4.77 187.79 CK Avg 0.73 -0.26 4.47 176.11 0.73 -0.31 4.70 185.16 Essex Cty 0.75 4.49 176.76 0.75 4.72 185.82 Mdsx Low 0.70 4.44 174.80 0.70 4.67 183.85 Mdsx High 0.75 4.49 176.76 0.70 4.67 183.85 Mdsx Avg 0.73 -0.27 4.47 175.78 0.70 -0.34 4.67 183.85 Hensall 0.78 4.52 177.75 0.73 4.70 184.83 Bruce 0.75 4.49 176.76 0.70 4.67 183.85 Putnam 0.75 4.49 176.76 0.70 4.67 183.85 Burford 0.75 4.49 176.76 0.75 4.72 185.82 Port Perry 0.75 4.49 176.76 0.75 4.72 185.82 Norfolk 0.80 4.54 178.73 0.80 4.77 187.79 Palmerston 0.75 4.49 176.76 0.75 4.72 185.82 Varna 0.80 4.54 178.73 0.75 4.72 185.82 Trenton 0.85 4.59 180.70 0.80 4.77 187.79 Winchester 1.00 4.74 186.61 1.05 5.02 197.63 North Gower 0.99 4.73 186.21 1.03 5.00 196.84 Huron FOB 0.95 4.69 184.64 0.80 4.77 187.79 Kent FOB 0.92 4.66 183.46 0.80 4.77 187.79 Lamb FOB 1.00 4.74 186.61 0.80 4.77 187.79 Mdsx FOB 0.80 0.80 0.80N/A 4.54 178.73 0.75 4.72 185.82 FOB SW Que 1.34 5.08 199.99 1.11 5.08 199.99 Track 1.15 4.89 192.51N/A PROCESSORS Chat-Eth N/A N/A N/A N/A 0.87 4.84 190.54 Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth N/A N/A 1.15 1.15 1.00 4.97 195.66 Sarn-Eth 1.00 1.00 1.00N/A 4.74 186.61N/A Kawartha N/A N/A N/A N/A N/A London-Ing N/A N/A N/A N/A 0.95 4.92 193.69 Pt.Colb-Ing N/A N/A N/A N/A N/A Cardnl-Ing N/A N/A N/A N/A 1.10 5.07 199.60 W O Feed 1.31 5.05 198.89 US Rep 1.42 5.16 203.14 Toledo El. -0.09 3.65 143.69 -0.26 3.71 146.17 MID SD CRN 0.75 4.49 HI SD CRN 0.80 4.54 *Wet Bid Exchange rate was 1.2855 up 0.0002 Chicago soybeans closed slightly lower. MAY18 HI 10.31 1/4 NOV18 HI 10.29 3/4 LOW 10.17 1/4 LOW 10.18 CLOSE10.19 1/2 Down 6 CLOSE 10.20 1/2 Down 5 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +MAY1+MAY1+JUL18 CK Low 2.15 12.35 453.602.14 12.35 453.60 CK High 2.20 12.40 455.442.20 12.41 455.81 CK Average 2.19 -0.5612.39 455.072.17 -0.5812.38 454.83 Essex Cty 2.25 12.45 457.282.20 12.41 455.81 Mdsx Low 2.19 12.39 455.072.14 12.35 453.60 Mdsx High 2.20 12.40 455.442.20 12.41 455.81 Mdsx Average 2.20 -0.5612.39 455.252.17 -0.5812.38 454.70 Hensall 2.18 12.37 454.522.20 12.41 455.81 Bruce 2.20 12.40 455.442.20 12.41 455.81 Putnam 2.20 12.40 455.442.20 12.41 455.81 Burford 2.26 12.46 457.642.21 12.42 456.17 Port Perry 2.19 12.39 455.072.14 12.35 453.60 Norfolk 2.20 12.40 455.442.25 12.46 457.64 Palmerston 2.20 12.40 455.442.20 12.41 455.81 Varna 2.15 12.35 453.602.20 12.41 455.81 Trenton 2.20 12.40 455.442.20 12.41 455.81 Winchester 2.09 12.29 451.402.09 12.30 451.76 North Gower 2.10 12.30 451.762.15 12.36 453.97 Huron FOB 2.25 12.45 457.282.30 12.51 459.48 Kent FOB 2.30 12.50 459.112.20 12.41 455.81 Lambton FOB 2.25 12.45 457.282.35 12.56 461.32 Middlesex FOB2.10 2.29 2.38 2.38 12.30 451.762.24 12.45 457.28 TRANSFER Hamilton N/A 2.65 12.86 472.34 Prescott 2.40 12.60 462.792.56 12.77 469.03 Toledo El. -0.31 9.89 363.27-0.39 9.82 360.80 Exchange rate was 1.2855 up 0.0002 Chicago wheat closed moderately lower. MAY18 HI 4.57 1/2 JUL18 HI 4.74 LOW 4.48 3/4 LOW 4.66 CLOSE 4.49 Down 5 1/4 CLOSE 4.66 1/2 Down 5 Minni wheat closed slightly lower. MAY18 HI 6.04 SEP18 HI 6.17 1/2 LOW 5.91 1/4 LOW 6.06 CLOSE 5.93 1/4 Down 4 CLOSE 6.08 1/4 Down 3 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.22 1.15 0.96 0.34 CAD $/bu 5.71 5.64 5.45 6.28 CAD $/tonne 209.72 207.36 200.27 230.62 Direct MarkHarvest 2017 Harvest 2018 DELIVERED BASIS DELIVERED BASIS Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M) ELEVATORS Brgssvll N/A N/A 0.85 N/A N/A N/A 0.90 N/A London 0.97 1.22 0.84 N/A 1.20 0.94 0.88 N/A Hensall 1.10 N/A 0.85 N/A 1.15 N/A 0.90 N/A Trenton N/A N/A N/A N/A N/A N/A 1.00 N/A Bruce 1.10 1.10 0.85 0.25 1.15 1.00 0.90 0.50 Essex N/A N/A N/A N/A N/A N/A 0.83 N/A Norwich 1.10 N/A 0.85 N/A 1.15 N/A 0.90 N/A Port Hope N/A N/A 0.90 N/A N/A 1.00 1.00 N/A Kent Bridge 1.10 N/A 0.85 N/A 1.15 N/A 0.90 N/A Chatham N/A N/A 0.85 N/A N/A N/A 0.90 N/A Brigden N/A N/A 0.85 N/A N/A N/A 0.90 N/A Palmerston N/A 1.00 0.90 0.25 N/A 1.00 1.00 0.50 Varna 1.15 1.20 0.85 N/A 1.10 1.10 0.90 N/A Mitchell 1.10 1.10 0.85 N/A 1.15 1.00 0.90 N/A Thornton N/A N/A N/A 0.94 N/A N/A N/A N/A North Gower N/A 1.07 0.93 0.25 N/A 1.20 1.13 0.28 W O Feed 1.50 PROCESSORS Toledo FM N/A N/A 1.41 N/A N/A N/A 1.33 N/A Toledo El. 4.54US 5.84CA 4.62US 5.93CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.20 1.07 1.01 0.32 CAD $/bu 5.87 5.74 5.68 6.41 CAD $/tonne 215.63 210.90 208.54 235.35 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 538.38 DDG's FOB Srn & Aylm 225.00 - 230.00