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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, April 4</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2772 down 0.0007</u></div>
<div><u>Chicago corn closed moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAY18 HI 3.89 DEC18 HI 4.12 1/2</u></div>
<div><u> LOW 3.72 LOW 3.96</u></div>
<div><u> CLOSE3.81 Down 7 1/2 CLOSE 4.05 Down 7 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 +JUL18+JUL18+SEP18</u></div>
<div><u>CK Low 0.75 4.56 179.52 0.70 4.75 187.00</u></div>
<div><u>CK High 0.80 4.61 181.49 0.80 4.85 190.94</u></div>
<div><u>CK Avg 0.76 -0.23 4.57 179.85 0.72 -0.32 4.77 187.66</u></div>
<div><u>Essex Cty 0.75 4.56 179.52 0.70 4.75 187.00</u></div>
<div><u>Mdsx Low 0.75 4.56 179.52 0.70 4.75 187.00</u></div>
<div><u>Mdsx High 0.80 4.61 181.49 0.70 4.75 187.00</u></div>
<div><u>Mdsx Avg 0.78 -0.22 4.59 180.50 0.70 -0.33 4.75 187.00</u></div>
<div><u>Hensall 0.80 4.61 181.49 0.73 4.78 187.98</u></div>
<div><u>Bruce 0.80 4.61 181.49 0.75 4.80 188.97</u></div>
<div><u>Putnam 0.80 4.61 181.49 0.70 4.75 187.00</u></div>
<div><u>Burford 0.80 4.61 181.49 0.75 4.80 188.97</u></div>
<div><u>Port Perry 0.80 4.61 181.49 0.75 4.80 188.97</u></div>
<div><u>Norfolk 0.80 4.61 181.49 0.75 4.80 188.97</u></div>
<div><u>Palmerston 0.75 4.56 179.52 0.75 4.80 188.97</u></div>
<div><u>Varna 0.80 4.61 181.49 0.75 4.80 188.97</u></div>
<div><u>Trenton 0.85 4.66 183.46 0.80 4.85 190.94</u></div>
<div><u>Winchester 1.00 4.81 189.36 1.10 5.15 202.75</u></div>
<div><u>North Gower 1.00 4.81 189.36 1.03 5.08 199.99</u></div>
<div><u>Huron FOB 1.00 4.81 189.36 0.80 4.85 190.94</u></div>
<div><u>Kent FOB 0.95 4.76 187.39 0.75 4.80 188.97</u></div>
<div><u>Lamb FOB 1.00 4.81 189.36 0.80 4.85 190.94</u></div>
<div><u>Mdsx FOB 0.75 0.75N/A N/A 4.56 179.52 0.75 4.80 188.97</u></div>
<div><u>FOB SW Que 1.34 5.15 202.75N/A</u></div>
<div><u>Track 1.20 5.01 197.23N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 0.89 4.94 194.48</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Aylmer-Eth N/A 1.15 1.15 1.20 1.00 5.05 198.81</u></div>
<div><u>Sarn-Eth 1.10 1.10 1.10N/A 4.91 193.30N/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 5.00 196.84</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 5.15 202.75</u></div>
<div><u>W O Feed 1.31 5.12 201.64</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.49 5.30 208.65</u></div>
<div><u>Toledo El. -0.11 3.70 145.47 -0.26 3.79 149.39</u></div>
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</u></div>
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</u></div>
<div><u>MID SD CRN 0.77 1/2 4.58 1/2</u></div>
<div><u>HI SD CRN 0.80 4.61</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2772 down 0.0007</u></div>
<div><u>Chicago soybeans closed slightly to moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAY18 HI 10.41 3/4 NOV18 HI 10.45 3/4</u></div>
<div><u> LOW 9.83 1/2 LOW 9.97 3/4</u></div>
<div><u> CLOSE10.15 1/4 Down 22 3/4 CLOSE 10.19 Down 23 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+JUL1+JUL18</u></div>
<div><u>CK Low 2.07 12.22 449.102.12 12.31 452.32</u></div>
<div><u>CK High 2.25 12.40 455.712.20 12.39 455.25</u></div>
<div><u>CK Average 2.15 -0.5212.30 451.862.15 -0.5312.34 453.54</u></div>
<div><u>Essex Cty 2.15 12.30 452.042.15 12.34 453.42</u></div>
<div><u>Mdsx Low 2.07 12.22 449.102.12 12.31 452.32</u></div>
<div><u>Mdsx High 2.15 12.30 452.042.15 12.34 453.42</u></div>
<div><u>Mdsx Average 2.11 -0.5512.26 450.572.14 -0.5412.33 452.87</u></div>
<div><u>Hensall 2.18 12.33 452.962.18 12.37 454.34</u></div>
<div><u>Bruce 2.15 12.30 452.042.15 12.34 453.42</u></div>
<div><u>Putnam 2.15 12.30 452.042.15 12.34 453.42</u></div>
<div><u>Burford 2.14 12.29 451.672.19 12.38 454.89</u></div>
<div><u>Port Perry 2.07 12.22 449.102.12 12.31 452.32</u></div>
<div><u>Norfolk 2.10 12.25 450.202.20 12.39 455.25</u></div>
<div><u>Palmerston 2.20 12.35 453.882.15 12.34 453.42</u></div>
<div><u>Varna 2.20 12.35 453.882.20 12.39 455.25</u></div>
<div><u>Trenton 2.10 12.25 450.202.15 12.34 453.42</u></div>
<div><u>Winchester 2.00 12.15 446.532.00 12.19 447.91</u></div>
<div><u>North Gower 2.11 12.26 450.572.11 12.30 451.95</u></div>
<div><u>Huron FOB 2.35 12.50 459.392.30 12.49 458.93</u></div>
<div><u>Kent FOB 2.25 12.40 455.712.15 12.34 453.42</u></div>
<div><u>Lambton FOB 2.35 12.50 459.392.40 12.59 462.60</u></div>
<div><u>Middlesex FOB2.18 2.29 2.29 2.29 12.33 453.142.29 12.48 458.56</u></div>
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</u></div>
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</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton N/A 2.60 12.79 469.95</u></div>
<div><u>Prescott 2.42 12.57 461.962.44 12.63 464.07</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.27 9.88 363.19-0.32 9.87 362.69</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2772 down 0.0007</u></div>
<div><u>Chicago wheat closed slightly lower.</u></div>
<div><u>MAY18 HI 4.61 1/2 JUL18 HI 4.78</u></div>
<div><u> LOW 4.47 LOW 4.63 3/4</u></div>
<div><u> CLOSE 4.55 3/4 Down 1 3/4 CLOSE 4.73 Down 1</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly to moderately lower.</u></div>
<div><u>MAY18 HI 5.89 SEP18 HI 6.02 1/2</u></div>
<div><u> LOW 5.71 LOW 5.88 1/2</u></div>
<div><u> CLOSE 5.76 3/4 Down 6 1/4 CLOSE 5.95 Down 3 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 1.20 1.14 0.94 0.26</u></div>
<div><u>CAD $/bu 5.76 5.69 5.50 6.03</u></div>
<div><u>CAD $/tonne 211.54 209.19 202.15 221.39</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 1.01 1.14 0.82 N/A 1.12 0.99 0.86 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 0.60 N/A N/A N/A 0.80 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 1.17 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.04 0.90 0.18 N/A 1.18 1.12 0.21</u></div>
<div><u>W O Feed 1.43</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 1.39 N/A N/A N/A 1.31 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.66US 5.95CA 4.73US 6.04CA</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 1.18 1.06 0.99 0.24</u></div>
<div><u>CAD $/bu 5.91 5.79 5.72 6.19</u></div>
<div><u>CAD $/tonne 217.29 212.59 210.25 227.61</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 548.74</u></div>
<div><u>DDG's FOB Srn & Aylm 235.00 - 245.00</u></div>
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</u></div>
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<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" id="LPlnk76519" previewremoved="true" style=""><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" id="LPlnk19024" previewremoved="true" style=""><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:#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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