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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, April 16<br>
</u></span></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<div><u>(All Bases in CAD)<br>
</u></div>
<div><u>Exchange rate was 1.4111 up 0.0049<br>
</u></div>
<div><u>Chicago corn closed narrowly mixed.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAY20 HI 3.23 DEC20 HI 3.44 1/4<br>
</u></div>
<div><u> LOW 3.17 3/4 LOW 3.40 3/4<br>
</u></div>
<div><u> CLOSE3.19 3/4 Up 1/2 CLOSE 3.41 Down 1 3/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP BASIS NEW CROP BASIS<br>
</u></div>
<div><u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt<br>
</u></div>
<div><u>ELEVATORS +JUL20+JUL20+SEP20<br>
</u></div>
<div><u>CK Low 1.30 4.50 177.06 0.90 4.31 169.68<br>
</u></div>
<div><u>CK High 1.30 4.50 177.06 0.90 4.31 169.68<br>
</u></div>
<div><u>CK Avg 1.30 -0.01 4.50 177.06 0.90 -0.36 4.31 169.68<br>
</u></div>
<div><u>Essex Cty 1.30 4.50 177.06 0.90 4.31 169.68<br>
</u></div>
<div><u>Mdsx Low 1.30 4.50 177.06 0.90 4.31 169.68<br>
</u></div>
<div><u>Mdsx High 1.30 4.50 177.06 0.90 4.31 169.68<br>
</u></div>
<div><u>Mdsx Avg 1.30 -0.01 4.50 177.06 0.90 -0.36 4.31 169.68<br>
</u></div>
<div><u>Hensall 1.33 4.52 178.04 0.93 4.34 170.66<br>
</u></div>
<div><u>Bruce 1.30 4.50 177.06 0.90 4.31 169.68<br>
</u></div>
<div><u>Putnam 1.30 4.50 177.06 0.90 4.31 169.68<br>
</u></div>
<div><u>Burford 1.30 4.50 177.06 0.90 4.31 169.68<br>
</u></div>
<div><u>Port Perry 1.40 4.60 181.00 1.05 4.46 175.58<br>
</u></div>
<div><u>Norfolk 1.30 4.50 177.06 0.90 4.31 169.68<br>
</u></div>
<div><u>Palmerston 1.32 4.52 177.85 0.91 4.32 170.07<br>
</u></div>
<div><u>Varna 1.30 4.50 177.06 0.90 4.31 169.68<br>
</u></div>
<div><u>Trenton 1.40 4.60 181.00 1.05 4.46 175.58<br>
</u></div>
<div><u>Winchester 1.40 4.60 181.00 1.40 4.81 189.36<br>
</u></div>
<div><u>North Gower 1.38 4.58 180.21 1.35 4.76 187.39<br>
</u></div>
<div><u>Vankleek Hil 1.14 4.34 170.76 0.93 4.34 170.86<br>
</u></div>
<div><u>Huron FOB 1.30 4.50 177.06 0.90 4.31 169.68<br>
</u></div>
<div><u>Kent FOB N/A 0.95 4.36 171.65<br>
</u></div>
<div><u>Lamb FOB N/A 1.03 4.44 174.80<br>
</u></div>
<div><u>Mdsx FOB 1.35N/A N/A N/A 4.55 179.03 0.95 4.36 171.65<br>
</u></div>
<div><u>FOB SW Que 2.48 5.68 223.51N/A<br>
</u></div>
<div><u>Track 1.61 4.81 189.26N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A N/A<br>
</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A<br>
</u></div>
<div><u>Aylmer-Eth N/A N/A N/A N/A 1.15 4.56 179.52<br>
</u></div>
<div><u>Sarn-Eth N/A N/A N/A N/A N/A<br>
</u></div>
<div><u>London-Ing N/A N/A N/A N/A 1.20 4.61 181.49<br>
</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A N/A<br>
</u></div>
<div><u>Cardnl-Ing N/A 1.95N/A 1.95 1.45 4.86 191.33<br>
</u></div>
<div><u>W O Feed 1.82 5.02 197.45<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.74 4.94 194.38<br>
</u></div>
<div><u>Toledo El. -0.14 3.06 120.32 -0.42 2.99 117.58<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.85 5.05 198.71 1.30 4.71185 3/7<br>
</u></div>
<div><u>Prescott 1.82 5.02 197.53N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.30 4.49 3/4 0.90 4.31<br>
</u></div>
<div><u>*Wet Bid<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.4111 up 0.0049<br>
</u></div>
<div><u>Chicago soybeans closed slightly lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAY20 HI 8.46 3/4 NOV20 HI 8.64 1/2<br>
</u></div>
<div><u> LOW 8.35 1/4 LOW 8.54<br>
</u></div>
<div><u> CLOSE8.36 3/4 Down 5 1/4 CLOSE 8.54 1/2 Down 5 1/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP NEW CROP<br>
</u></div>
<div><u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt<br>
</u></div>
<div><u>ELEVATORS +MAY2+JUL2+SEP20<br>
</u></div>
<div><u>CK Low 2.91 11.28 414.382.76 11.31 415.39<br>
</u></div>
<div><u>CK High 2.95 11.32 415.852.85 11.40 418.69<br>
</u></div>
<div><u>CK Average 2.94 -0.3511.31 415.602.81 -0.5011.36 417.22<br>
</u></div>
<div><u>Essex Cty 2.95 11.32 415.852.75 11.30 415.02<br>
</u></div>
<div><u>Mdsx Low 2.89 11.26 413.642.74 11.29 414.65<br>
</u></div>
<div><u>Mdsx High 2.95 11.32 415.852.85 11.40 418.69<br>
</u></div>
<div><u>Mdsx Average 2.92 -0.3711.29 414.742.80 -0.5111.34 416.67<br>
</u></div>
<div><u>Hensall 2.95 11.32 415.852.83 11.37 417.78<br>
</u></div>
<div><u>Bruce 2.95 11.32 415.852.80 11.35 416.86<br>
</u></div>
<div><u>Putnam 2.95 11.32 415.852.85 11.40 418.69<br>
</u></div>
<div><u>Burford 2.96 11.33 416.212.81 11.36 417.22<br>
</u></div>
<div><u>Port Perry 2.91 11.28 414.382.76 11.31 415.39<br>
</u></div>
<div><u>Norfolk 2.95 11.32 415.852.80 11.35 416.86<br>
</u></div>
<div><u>Palmerston 2.96 11.33 416.212.83 11.38 417.96<br>
</u></div>
<div><u>Varna 2.95 11.32 415.852.80 11.35 416.86<br>
</u></div>
<div><u>Trenton 2.90 11.27 414.012.80 11.35 416.86<br>
</u></div>
<div><u>Winchester 2.95 11.32 415.852.80 11.35 416.86<br>
</u></div>
<div><u>North Gower 2.85 11.22 412.172.75 11.30 415.02<br>
</u></div>
<div><u>Vankleek Hill N/A 2.79 11.34 416.49<br>
</u></div>
<div><u>Huron FOB 3.10 11.47 421.362.90 11.45 420.53<br>
</u></div>
<div><u>Kent FOB 3.00 11.37 417.682.80 11.35 416.86<br>
</u></div>
<div><u>Lambton FOB 2.90 11.27 414.012.90 11.45 420.53<br>
</u></div>
<div><u>Middlesex FOB2.93 3.08 N/A N/A 11.30 415.112.86 11.41 419.06<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 3.24 11.61 426.503.03 11.58 425.31<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 3.35 11.72 430.543.25 11.80 433.39<br>
</u></div>
<div><u>Prescott N/A 3.32 11.87 435.96<br>
</u></div>
<div><u>Port Colborne3.27 11.64 427.603.20 11.75 431.55<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.00 8.37 307.45-0.42 8.12 298.42<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.4111 up 0.0049<br>
</u></div>
<div><u>Chicago wheat closed moderately lower.<br>
</u></div>
<div><u>MAY20 HI 5.45 1/4 SEP20 HI 5.48 3/4<br>
</u></div>
<div><u> LOW 5.28 LOW 5.34 1/4<br>
</u></div>
<div><u> CLOSE 5.29 3/4 Down 10 1/2 CLOSE 5.35 3/4 Down 10 1/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately lower.<br>
</u></div>
<div><u>MAY20 HI 5.19 1/4 SEP20 HI 5.41 1/2<br>
</u></div>
<div><u> LOW 5.06 LOW 5.30 1/2<br>
</u></div>
<div><u> CLOSE 5.06 1/4 Down 7 3/4 CLOSE 5.31 Down 6 1/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash Wheat Prices - DEL Terminal<br>
</u></div>
<div><u>Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)<br>
</u></div>
<div><u>Basis 2.39 2.60 2.39 1.59<br>
</u></div>
<div><u>CAD $/bu 7.69 7.90 7.69 6.65<br>
</u></div>
<div><u>CAD $/tonne 282.45 290.23 282.45 244.34<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2019 Harvest 2020<br>
</u></div>
<div><u> DELIVERED BASIS DELIVERED BASIS<br>
</u></div>
<div><u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)<br>
</u></div>
<div><u>ELEVATORS<br>
</u></div>
<div><u>Brgssvll N/A N/A N/A N/A N/A N/A 1.50 N/A<br>
</u></div>
<div><u>London 2.16 2.44 2.09 N/A 1.76 1.90 1.48 N/A<br>
</u></div>
<div><u>Hensall 2.10 N/A 2.10 N/A 1.70 N/A 1.50 N/A<br>
</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.55 N/A<br>
</u></div>
<div><u>Bruce 2.10 2.50 2.10 2.24 1.55 1.90 1.50 1.50<br>
</u></div>
<div><u>Essex N/A N/A 2.00 N/A N/A N/A 1.45 N/A<br>
</u></div>
<div><u>Norwich 2.10 N/A 2.10 N/A 1.70 N/A 1.50 N/A<br>
</u></div>
<div><u>Port Hope N/A N/A 2.10 N/A N/A N/A 1.55 N/A<br>
</u></div>
<div><u>Kent Bridge 2.10 N/A 2.10 N/A 1.70 N/A 1.50 N/A<br>
</u></div>
<div><u>Chatham N/A N/A N/A N/A N/A N/A 1.50 N/A<br>
</u></div>
<div><u>Brigden N/A N/A N/A N/A N/A N/A 1.50 N/A<br>
</u></div>
<div><u>Palmerston N/A 2.40 2.05 1.88 N/A 1.93 1.47 1.27<br>
</u></div>
<div><u>Varna 2.20 2.40 2.10 N/A 1.70 1.80 1.50 N/A<br>
</u></div>
<div><u>Mitchell 2.10 2.25 2.10 N/A 1.70 1.90 1.50 N/A<br>
</u></div>
<div><u>Thornton N/A N/A N/A 2.52 N/A N/A N/A N/A<br>
</u></div>
<div><u>North Gower N/A 2.25 2.00 1.30 N/A 2.00 1.65 1.20<br>
</u></div>
<div><u>W O Feed 2.68<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 2.43 N/A N/A N/A 1.89 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 2.18 N/A N/A N/A 2.13 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.35US 7.55CA 5.31US 7.49CA<br>
</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal<br>
</u></div>
<div><u>Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)<br>
</u></div>
<div><u>Basis 1.85 2.20 1.85 1.34<br>
</u></div>
<div><u>CAD $/bu 7.21 7.56 7.21 6.65<br>
</u></div>
<div><u>CAD $/tonne 264.79 277.75 264.79 244.18<br>
</u></div>
<div><u><br>
</u></div>
<div><u>(C)-Basis over the Chicago Board of Trade futures<br>
</u></div>
<div><u>(M)-Basis over the Minneapolis Grain Exchange<br>
</u></div>
<div><u><br>
</u></div>
<div><u>FEED GRAINS<br>
</u></div>
<div><u>FOB Hm Soymeal 502.44<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm -<br>
</u></div>
<u><span></span><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size: 10pt; font-family: "Courier New";">Blair Andrews</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size:10.0pt;font-family:"Courier New"">Editor, AgriLink and Farm Market News
</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size: 10pt; font-family: "Courier New";">University of Guelph, Ridgetown Campus</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size: 10pt; font-family: "Courier New";"><o:p style=""> </o:p></span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size:10.0pt;font-family:"Courier New"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes">
</span></span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
<br>
<span style="background: rgb(253, 253, 253);">Click on this link:<span><span style="color:#333333"> </span></span></span><span style="color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span><span style="color:#333333;background:#FDFDFD"> </span><span style="background: rgb(253, 253, 253);"> to
unsubscribe from this report.</span><br>
<span style="background: rgb(253, 253, 253);">This Farm Market News product is sponsored by:</span><br>
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