FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, April 1 (All Bases in CAD) Exchange rate was 1.3279 down 0.0058 Chicago corn closed slightly to moderately higher. MAY19 HI 3.63 DEC19 HI 3.90 LOW 3.56 1/2 LOW 3.84 1/2 CLOSE3.61 3/4 Up 5 1/4 CLOSE 3.88 3/4 Up 4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL19+JUL19+SEP19 CK Low 1.00 4.62 181.78 0.90 4.79 188.48 CK High 1.00 4.62 181.78 0.90 4.79 188.48 CK Avg 1.00 -0.14 4.62 181.78 0.90 -0.28 4.79 188.48 Essex Cty 1.00 4.62 181.78 0.90 4.79 188.48 Mdsx Low 1.00 4.62 181.78 0.90 4.79 188.48 Mdsx High 1.00 4.62 181.78 0.90 4.79 188.48 Mdsx Avg 1.00 -0.14 4.62 181.78 0.90 -0.28 4.79 188.48 Hensall 1.00 4.62 181.78 0.90 4.79 188.48 Bruce 1.00 4.62 181.78 0.90 4.79 188.48 Putnam 1.00 4.62 181.78 0.90 4.79 188.48 Burford 1.00 4.62 181.78 0.90 4.79 188.48 Port Perry 0.95 4.57 179.81 0.90 4.79 188.48 Norfolk 1.00 4.62 181.78 0.90 4.79 188.48 Palmerston 0.85 4.47 175.88 0.80 4.69 184.54 Varna 1.00 4.62 181.78 0.90 4.79 188.48 Trenton 1.00 4.62 181.78 0.90 4.79 188.48 Winchester 1.05 4.67 183.75 1.15 5.04 198.32 North Gower 1.10 4.72 185.72 1.21 5.10 200.68 Huron FOB 1.27 4.89 192.41 0.90 4.79 188.48 Kent FOB 1.30 4.92 193.59 0.95 4.84 190.44 Lamb FOB 1.26 4.88 192.02 0.93 4.82 189.66 Mdsx FOB 1.40 1.40N/A N/A 5.02 197.53 0.95 4.84 190.44 FOB SW Que 1.91 5.53 217.61 1.30 5.19 204.22 Track 1.45 5.07 199.50N/A PROCESSORS Chat-Eth N/A N/A N/A 1.65 1.14 5.03 197.92 Jhnstwn-Eth N/A N/A N/A 1.54 1.27 5.16 203.04 Aylmer-Eth N/A 1.55 1.55 1.60 1.10 4.99 196.35 Sarn-Eth N/A 1.40 1.40N/A N/A Kawartha N/A N/A N/A N/A N/A London-Ing N/A N/A N/A 1.68 1.20 5.09 200.29 Pt.Colb-Ing N/A N/A N/A N/A N/A Cardnl-Ing N/A N/A N/A 1.65 1.35 5.24 206.19 W O Feed 1.56 5.18 203.93 US Rep 1.76 5.38 211.70 Toledo El. -0.09 3.52 138.76 -0.27 3.62 142.59 TRANSFER Port ColbornN/A 1.15 5.04198 1/3 MID SD CRN 1.00 4.61 3/4 HI SD CRN 1.00 4.61 3/4 *Wet Bid Exchange rate was 1.3279 down 0.0058 Chicago soybeans closed slightly higher. MAY19 HI 8.99 NOV19 HI 9.32 1/4 LOW 8.83 3/4 LOW 9.18 1/4 CLOSE8.95 1/2 Up 11 1/4 CLOSE 9.28 1/4 Up 9 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +MAY1+JUL1+JUL19 CK Low 2.10 11.06 406.202.15 11.43 420.07 CK High 2.20 11.16 409.882.25 11.53 423.75 CK Average 2.14 -0.6011.09 407.612.19 -0.6511.47 421.36 Essex Cty 2.15 11.11 408.042.15 11.43 420.07 Mdsx Low 2.14 11.10 407.672.15 11.43 420.07 Mdsx High 2.15 11.11 408.042.19 11.47 421.54 Mdsx Average 2.15 -0.6011.10 407.862.17 -0.6611.45 420.81 Hensall 2.13 11.08 407.122.15 11.43 420.07 Bruce 2.10 11.06 406.202.15 11.43 420.07 Putnam 2.15 11.11 408.042.15 11.43 420.07 Burford 2.14 11.10 407.672.19 11.47 421.54 Port Perry 2.10 11.06 406.202.15 11.43 420.07 Norfolk 2.10 11.06 406.202.15 11.43 420.07 Palmerston 2.10 11.06 406.202.15 11.43 420.07 Varna 2.10 11.06 406.202.15 11.43 420.07 Trenton 2.10 11.06 406.202.20 11.48 421.91 Winchester 2.07 11.03 405.102.26 11.54 424.11 North Gower 2.12 11.08 406.942.34 11.62 427.05 Huron FOB 2.20 11.16 409.882.25 11.53 423.75 Kent FOB 2.30 11.26 413.552.15 11.43 420.07 Lambton FOB 2.35 11.31 415.392.40 11.68 429.26 Middlesex FOB2.29 2.37 2.40 N/A 11.25 413.182.29 11.57 425.22 PROCESSORS Windsor 2.63 11.59 425.682.54 11.82 434.40 TRANSFER Hamilton 2.60 11.56 424.572.60 11.88 436.61 Prescott N/A 2.50 11.78 432.93 Port Colborne N/A 2.63 11.91 437.71 Toledo El. -0.50 8.45 310.50-0.66 8.62 316.68 Exchange rate was 1.3279 down 0.0058 Chicago wheat closed slightly to moderately higher. MAY19 HI 4.68 1/4 JUL19 HI 4.73 1/4 LOW 4.56 LOW 4.61 3/4 CLOSE 4.62 3/4 Up 5 CLOSE 4.68 Up 4 1/2 Minni wheat closed slightly lower to steady. MAY19 HI 5.57 SEP19 HI 5.66 LOW 5.52 1/2 LOW 5.61 3/4 CLOSE 5.53 Down 1 3/4 CLOSE 5.62 3/4 Unchanged GFO Cash Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.52 1.58 1.38 0.88 CAD $/bu 6.15 6.21 6.01 6.41 CAD $/tonne 225.79 228.23 220.91 235.67 Direct MarkHarvest 2018 Harvest 2019 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 1.25 N/A N/A N/A 1.25 N/A London 1.31 1.64 1.18 N/A 1.39 1.58 1.19 N/A Hensall 1.40 N/A 1.25 N/A 1.50 N/A 1.25 N/A Trenton N/A N/A N/A N/A N/A N/A 1.25 N/A Bruce 1.25 1.75 1.25 N/A 1.40 1.65 1.25 1.00 Essex N/A N/A 1.20 N/A N/A N/A 1.20 N/A Norwich 1.40 N/A 1.25 N/A 1.50 N/A 1.25 N/A Port Hope N/A N/A N/A N/A N/A 1.45 1.25 N/A Kent Bridge 1.40 N/A 1.25 N/A 1.50 N/A 1.25 N/A Chatham N/A N/A 1.20 N/A N/A N/A 1.20 N/A Brigden N/A N/A 1.20 N/A N/A N/A 1.20 N/A Palmerston N/A 175.00 1.10 1.10 N/A 1.68 1.18 1.00 Varna 1.45 1.75 1.25 N/A 1.40 1.65 1.25 N/A Mitchell 1.40 1.45 1.25 N/A 1.50 1.60 1.25 N/A Thornton N/A N/A N/A 0.83 N/A N/A N/A N/A North Gower N/A 1.50 1.41 0.80 N/A 1.98 1.57 0.95 W O Feed 1.72 TERMINAL Port Colbor N/A N/A N/A N/A 1.73 1.93 1.53 N/A PROCESSORS Toledo FM N/A N/A 1.72 N/A N/A N/A 1.67 N/A Toledo El. 4.58US 6.08CA 4.53US 6.02CA GFO Contract Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.60 1.93 1.47 0.98 CAD $/bu 6.28 6.61 6.15 6.61 CAD $/tonne 230.79 242.99 225.91 242.87 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 467.83 DDG's FOB Srn & Aylm 205.00 - 210.00