<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1">
<style type="text/css" style="display:none;"><!-- P {margin-top:0;margin-bottom:0;} --></style>
</head>
<body dir="ltr">
<div id="divtagdefaultwrapper" style="font-size:10pt;color:#000000;font-family:'Courier New',monospace;" dir="ltr">
<p style="margin-top:0;margin-bottom:0"></p>
<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, April 18</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2619 up 0.0090</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAY18 HI 3.83 1/2 DEC18 HI 4.09</u></div>
<div><u> LOW 3.80 LOW 4.05 1/4</u></div>
<div><u> CLOSE3.83 Up 2 3/4 CLOSE 4.08 1/2 Up 2 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 +JUL18+JUL18+SEP18</u></div>
<div><u>CK Low 0.70 4.53 178.34 0.65 4.74 186.41</u></div>
<div><u>CK High 0.75 4.58 180.31 0.75 4.84 190.35</u></div>
<div><u>CK Avg 0.74 -0.21 4.57 179.98 0.67 -0.32 4.75 187.06</u></div>
<div><u>Essex Cty 0.75 4.58 180.31 0.65 4.74 186.41</u></div>
<div><u>Mdsx Low 0.75 4.58 180.31 0.65 4.74 186.41</u></div>
<div><u>Mdsx High 0.80 4.63 182.28 0.70 4.79 188.38</u></div>
<div><u>Mdsx Avg 0.78 -0.18 4.61 181.29 0.68 -0.31 4.76 187.39</u></div>
<div><u>Hensall 0.80 4.63 182.28 0.70 4.79 188.38</u></div>
<div><u>Bruce 0.80 4.63 182.28 0.70 4.79 188.38</u></div>
<div><u>Putnam 0.80 4.63 182.28 0.70 4.79 188.38</u></div>
<div><u>Burford 0.80 4.63 182.28 0.70 4.79 188.38</u></div>
<div><u>Port Perry 0.80 4.63 182.28 0.70 4.79 188.38</u></div>
<div><u>Norfolk 0.75 4.58 180.31 0.70 4.79 188.38</u></div>
<div><u>Palmerston 0.75 4.58 180.31 0.65 4.74 186.41</u></div>
<div><u>Varna 0.80 4.63 182.28 0.70 4.79 188.38</u></div>
<div><u>Trenton 0.85 4.68 184.24 0.80 4.89 192.31</u></div>
<div><u>Winchester 0.96 4.79 188.57 1.06 5.15 202.55</u></div>
<div><u>North Gower 0.95 4.78 188.18 1.00 5.09 200.19</u></div>
<div><u>Huron FOB 1.00 4.83 190.15 0.80 4.89 192.31</u></div>
<div><u>Kent FOB 0.90 4.73 186.21 0.70 4.79 188.38</u></div>
<div><u>Lamb FOB 0.95 4.78 188.18 0.75 4.84 190.35</u></div>
<div><u>Mdsx FOB 0.85 0.85 0.85N/A 4.68 184.24 0.80 4.89 192.31</u></div>
<div><u>FOB SW Que 1.34 5.17 203.53N/A</u></div>
<div><u>Track 1.23 5.06 199.01N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 0.86 4.95 194.68</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Aylmer-Eth N/A 1.10 1.10 1.15 0.90 4.99 196.25</u></div>
<div><u>Sarn-Eth 1.10 1.10 1.10N/A 4.93 194.09N/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 5.04 198.22</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 1.07 5.16 202.94</u></div>
<div><u>W O Feed 1.28 5.11 201.09</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.34 5.17 203.53</u></div>
<div><u>Toledo El. -0.01 3.82 150.28 -0.25 3.83 150.88</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.72 1/2 4.55 1/2 0.70 4.78 1/2</u></div>
<div><u>HI SD CRN 0.75 4.58 0.75 4.83 1/2</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2619 up 0.0090</u></div>
<div><u>Chicago soybeans closed mixed.</u></div>
<div><u><br>
</u></div>
<div><u> MAY18 HI 10.52 1/2 NOV18 HI 10.52 3/4</u></div>
<div><u> LOW 10.39 LOW 10.42</u></div>
<div><u> CLOSE10.41 3/4 Down 4 1/4 CLOSE 10.45 3/4 Up 1/2</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 2.05 12.47 458.102.00 12.46 457.73</u></div>
<div><u>CK High 2.15 12.57 461.782.15 12.61 463.25</u></div>
<div><u>CK Average 2.08 -0.5112.50 459.202.07 -0.5312.52 460.12</u></div>
<div><u>Essex Cty 2.15 12.57 461.782.00 12.46 457.73</u></div>
<div><u>Mdsx Low 2.05 12.47 458.102.05 12.51 459.57</u></div>
<div><u>Mdsx High 2.08 12.50 459.202.09 12.55 461.04</u></div>
<div><u>Mdsx Average 2.07 -0.5312.48 458.652.07 -0.5312.53 460.31</u></div>
<div><u>Hensall 2.05 12.47 458.102.05 12.51 459.57</u></div>
<div><u>Bruce 2.05 12.47 458.102.00 12.46 457.73</u></div>
<div><u>Putnam 2.05 12.47 458.102.05 12.51 459.57</u></div>
<div><u>Burford 2.15 12.57 461.782.16 12.62 463.61</u></div>
<div><u>Port Perry 2.08 12.50 459.202.09 12.55 461.04</u></div>
<div><u>Norfolk 2.05 12.47 458.102.10 12.56 461.41</u></div>
<div><u>Palmerston 2.20 12.62 463.612.15 12.61 463.25</u></div>
<div><u>Varna 2.05 12.47 458.102.05 12.51 459.57</u></div>
<div><u>Trenton 2.00 12.42 456.272.05 12.51 459.57</u></div>
<div><u>Winchester 1.92 12.34 453.332.23 12.69 466.19</u></div>
<div><u>North Gower 1.95 12.37 454.432.04 12.50 459.20</u></div>
<div><u>Huron FOB 2.15 12.57 461.782.15 12.61 463.25</u></div>
<div><u>Kent FOB 2.20 12.62 463.612.05 12.51 459.57</u></div>
<div><u>Lambton FOB 2.20 12.62 463.612.15 12.61 463.25</u></div>
<div><u>Middlesex FOB2.19 2.26 2.33 2.33 12.61 463.252.20 12.66 465.08</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton N/A 2.50 12.96 476.11</u></div>
<div><u>Prescott 2.42 12.84 471.702.43 12.89 473.53</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.27 10.15 373.04-0.32 10.14 372.66</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2619 up 0.0090</u></div>
<div><u>Chicago wheat closed moderately higher.</u></div>
<div><u>MAY18 HI 4.76 JUL18 HI 4.90 1/2</u></div>
<div><u> LOW 4.65 1/2 LOW 4.80 1/2</u></div>
<div><u> CLOSE 4.75 1/4 Up 9 CLOSE 4.89 1/4 Up 7 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly to moderately higher.</u></div>
<div><u>MAY18 HI 6.19 1/4 SEP18 HI 6.31 3/4</u></div>
<div><u> LOW 6.10 LOW 6.24 3/4</u></div>
<div><u> CLOSE 6.18 Up 5 1/2 CLOSE 6.29 3/4 Up 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 1.18 1.12 0.93 0.29</u></div>
<div><u>CAD $/bu 5.93 5.87 5.68 6.47</u></div>
<div><u>CAD $/tonne 218.04 215.72 208.77 237.86</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 0.85 N/A</u></div>
<div><u>London 1.01 1.07 0.82 N/A 1.10 0.91 0.85 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 0.47 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 0.85 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 0.85 N/A</u></div>
<div><u>Brigden N/A N/A 0.85 N/A N/A N/A 0.85 N/A</u></div>
<div><u>Palmerston N/A 1.00 0.90 0.25 N/A 0.90 0.85 0.35</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 0.84 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 0.95 0.82 0.03 N/A 1.10 1.03 0.15</u></div>
<div><u>W O Feed 1.44</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 1.37 N/A N/A N/A 1.28 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.95US 6.25CA 4.94US 6.24CA</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 1.16 1.03 0.97 0.26</u></div>
<div><u>CAD $/bu 6.05 5.92 5.86 6.56</u></div>
<div><u>CAD $/tonne 222.21 217.58 215.26 240.99</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 553.59</u></div>
<div><u>DDG's FOB Srn & Aylm 245.00 - 250.00</u></div>
<div><br>
</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="LPlnk437577" 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="LPlnk663776" previewremoved="true"><span style="font-size:10.0pt;line-height:115%;
font-family:"Courier New";color:#336699;text-decoration:none;text-underline:
none">519-674-1530</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%;
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"> to
unsubscribe from this report.</span><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333"><br>
<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>
<br>
<p></p>
<p style="margin-top:0;margin-bottom:0"><br>
</p>
<div id="Signature">
<div id="divtagdefaultwrapper" style="font-size: 12pt; color: rgb(0, 0, 0); background-color: rgb(255, 255, 255); font-family: Calibri, Arial, Helvetica, sans-serif, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;">
<div><span style="font-family:"Courier New",monospace; font-size:10pt"></span></div>
<br>
<p></p>
<p><br>
</p>
</div>
</div>
</div>
</body>
</html>