FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, April 8 (All Bases in CAD) Exchange rate was 1.4021 up 0.0039 Chicago corn closed slightly lower. MAY20 HI 3.34 DEC20 HI 3.52 3/4 LOW 3.28 1/4 LOW 3.47 3/4 CLOSE3.30 Down 1 1/2 CLOSE 3.49 1/4 Down 1 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL20+JUL20+SEP20 CK Low 1.30 4.60 181.09 0.90 4.39 172.93 CK High 1.35 4.65 183.06 0.90 4.39 172.93 CK Avg 1.34 0.01 4.64 182.73 0.90 -0.37 4.39 172.93 Essex Cty 1.35 4.65 183.06 0.90 4.39 172.93 Mdsx Low 1.30 4.60 181.09 0.90 4.39 172.93 Mdsx High 1.35 4.65 183.06 0.90 4.39 172.93 Mdsx Avg 1.33 0.00 4.63 182.08 0.90 -0.37 4.39 172.93 Hensall 1.38 4.68 184.05 0.93 4.42 173.91 Bruce 1.35 4.65 183.06 0.90 4.39 172.93 Putnam 1.35 4.65 183.06 0.90 4.39 172.93 Burford 1.30 4.60 181.09 0.90 4.39 172.93 Port Perry 1.40 4.70 185.03 1.05 4.54 178.83 Norfolk 1.35 4.65 183.06 0.90 4.39 172.93 Palmerston 1.34 4.64 182.67 0.83 4.32 170.17 Varna 1.35 4.65 183.06 0.90 4.39 172.93 Trenton 1.40 4.70 185.03 1.15 4.64 182.77 Winchester 1.40 4.70 185.03 1.40 4.89 192.61 North Gower 1.45 4.75 187.00 1.38 4.87 191.82 Vankleek Hil 1.13 4.43 174.40 0.93 4.42 174.11 Huron FOB 1.35 4.65 183.06 0.95 4.44 174.89 Kent FOB 1.40 4.70 185.03 0.95 4.44 174.89 Lamb FOB N/A 1.03 4.52 178.04 Mdsx FOB 1.35N/A N/A N/A 4.65 183.06 0.95 4.44 174.89 FOB SW Que 2.55 5.85 230.30N/A Track 1.63 4.93 194.09N/A PROCESSORS Chat-Eth N/A N/A N/A 1.69 N/A Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth N/A N/A N/A N/A N/A Sarn-Eth N/A N/A N/A N/A N/A London-Ing N/A N/A N/A N/A 1.30 4.79 188.67 Pt.Colb-Ing N/A N/A N/A N/A N/A Cardnl-Ing N/A N/A N/A N/A 1.45 4.94 194.58 W O Feed 1.86 5.16 203.06 US Rep 2.00 5.30 208.65 Toledo El. -0.14 3.16 124.40 -0.42 3.07 120.89 TRANSFER Pt. Colb 1.50 4.80 188.97 1.10 4.59180 4/5 Prescott 2.00 5.30 208.65 1.35 4.84190 2/3 HI SD CRN 1.35 4.65 *Wet Bid Exchange rate was 1.4021 up 0.0039 Chicago soybeans closed mixed. MAY20 HI 8.60 1/2 NOV20 HI 8.72 3/4 LOW 8.51 3/4 LOW 8.64 1/2 CLOSE8.54 1/2 Down 1/4 CLOSE 8.68 Up 1 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +MAY2+JUL2+SEP20 CK Low 2.90 11.45 420.532.80 11.48 421.82 CK High 2.95 11.50 422.372.82 11.50 422.55 CK Average 2.93 -0.3611.47 421.452.80 -0.5111.48 421.94 Essex Cty 2.95 11.50 422.372.75 11.43 419.98 Mdsx Low 2.90 11.45 420.532.80 11.48 421.82 Mdsx High 2.93 11.48 421.632.80 11.48 421.82 Mdsx Average 2.92 -0.3711.46 421.082.80 -0.5111.48 421.82 Hensall 2.93 11.47 421.452.80 11.48 421.82 Bruce 2.95 11.50 422.372.80 11.48 421.82 Putnam 2.90 11.45 420.532.80 11.48 421.82 Burford 3.00 11.55 424.212.87 11.55 424.39 Port Perry 2.95 11.50 422.372.82 11.50 422.55 Norfolk 2.95 11.50 422.372.80 11.48 421.82 Palmerston 2.89 11.44 420.162.80 11.48 421.82 Varna 2.95 11.50 422.372.80 11.48 421.82 Trenton 2.95 11.50 422.372.85 11.53 423.65 Winchester 2.95 11.50 422.372.80 11.48 421.82 North Gower 2.90 11.45 420.532.87 11.55 424.39 Vankleek Hill N/A 2.79 11.47 421.45 Huron FOB 3.10 11.65 427.882.90 11.58 425.49 Kent FOB 3.00 11.55 424.212.80 11.48 421.82 Lambton FOB 2.90 11.45 420.532.80 11.48 421.82 Middlesex FOB2.98 3.05 N/A N/A 11.53 423.472.93 11.61 426.59 PROCESSORS Windsor 3.25 11.80 433.393.02 11.70 429.90 TRANSFER Hamilton 3.35 11.90 437.073.25 11.93 438.35 Prescott N/A 3.00 11.68 429.17 Port Colborne3.32 11.87 435.963.26 11.94 438.72 Toledo El. 0.04 8.59 315.52-0.42 8.26 303.44 Exchange rate was 1.4021 up 0.0039 Chicago wheat closed narrowly mixed. MAY20 HI 5.54 1/2 SEP20 HI 5.56 1/2 LOW 5.45 LOW 5.47 1/2 CLOSE 5.48 1/4 Down 1 CLOSE 5.52 3/4 Up 2 Minni wheat closed slightly higher. MAY20 HI 5.32 1/2 SEP20 HI 5.50 3/4 LOW 5.23 1/4 LOW 5.43 1/4 CLOSE 5.30 Up 5 1/2 CLOSE 5.48 3/4 Up 5 GFO Cash Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 2.42 2.63 2.42 1.64 CAD $/bu 7.90 8.11 7.90 6.94 CAD $/tonne 290.18 297.91 290.18 255.02 Direct MarkHarvest 2019 Harvest 2020 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 N/A N/A N/A N/A 1.51 N/A London 2.21 2.63 2.14 N/A 1.82 2.10 1.54 N/A Hensall 2.15 N/A 2.15 N/A 1.71 N/A 1.51 N/A Trenton N/A N/A N/A N/A N/A N/A 1.66 N/A Bruce 2.10 2.40 2.10 2.21 1.56 1.81 1.51 1.50 Essex N/A N/A 2.05 N/A N/A N/A 1.46 N/A Norwich 2.15 N/A 2.15 N/A 1.71 N/A 1.51 N/A Port Hope N/A N/A 2.15 N/A N/A N/A 1.61 N/A Kent Bridge 2.15 N/A 2.15 N/A 1.71 N/A 1.51 N/A Chatham N/A N/A N/A N/A N/A N/A 1.51 N/A Brigden N/A N/A N/A N/A N/A N/A 1.51 N/A Palmerston N/A 2.44 2.08 1.93 N/A 1.96 1.54 1.31 Varna 2.20 2.40 2.10 N/A 1.71 1.81 1.51 N/A Mitchell 2.15 2.35 2.15 N/A 1.71 1.91 1.51 N/A Thornton N/A N/A N/A 2.49 N/A N/A N/A N/A North Gower N/A 2.35 2.10 1.40 N/A 2.08 1.75 1.30 W O Feed 2.72 TERMINAL Port Colbor N/A N/A 2.48 N/A N/A N/A 1.95 N/A PROCESSORS Toledo FM N/A N/A 2.20 N/A N/A N/A 2.19 N/A Toledo El. 5.38US 7.55CA 5.49US 7.71CA GFO Contract Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.89 2.24 1.89 1.38 CAD $/bu 7.42 7.77 7.42 6.87 CAD $/tonne 272.54 285.45 272.54 252.40 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 507.95 DDG's FOB Srn & Aylm -