FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, April 6

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, April 6 Bank of Canada Noon exchange rate was 1.3077 down 0.0093 Chicago soybeans closed slightly higher. MAY16 HI 9.09 3/4 NOV16 HI 9.24 3/4 LOW 9.01 LOW 9.16 CLOSE9.08 Up 3 1/4 CLOSE 9.22 1/4 Up 2 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JUL1+MAY1+JUL16 CK Low 2.39 11.47 421.452.19 11.41 419.34 CK High 2.50 11.58 425.492.25 11.47 421.54 CK Average 2.43 -0.2911.51 422.982.21 -0.5011.43 419.95 Essex Cty 2.55 11.63 427.332.25 11.47 421.54 Mdsx Low 2.37 11.45 420.722.17 11.39 418.60 Mdsx High 2.45 11.53 423.652.20 11.42 419.71 Mdsx Average 2.41 -0.3111.49 422.192.19 -0.5211.41 419.15 Hensall 2.45 11.53 423.652.20 11.42 419.71 Bruce 2.45 11.53 423.652.20 11.42 419.71 Putnam 2.45 11.53 423.652.20 11.42 419.71 Burford 2.40 11.48 421.822.20 11.42 419.71 Port Perry 2.37 11.45 420.722.17 11.39 418.60 Norfolk 2.40 11.48 421.822.20 11.42 419.71 Palmerston 2.50 11.58 425.492.20 11.42 419.71 Varna 2.45 11.53 423.652.20 11.42 419.71 Trenton 2.35 11.43 419.982.10 11.32 416.03 Winchester 2.31 11.39 418.512.35 11.57 425.22 North Gower 2.31 11.39 418.512.24 11.46 421.17 Huron FOB 2.60 11.68 429.172.25 11.47 421.54 Kent FOB 2.55 11.63 427.332.25 11.47 421.54 Lambton FOB 2.55 11.63 427.332.40 11.62 427.05 Middlesex FOB2.54 2.60 2.63 N/A 11.62 426.962.27 11.49 422.28 PROCESSORS Hamilton 2.97 3.04 3.06 3.06 12.05 442.762.69 11.91 437.71 Windsor N/A N/A N/A N/A N/A Winchester N/A N/A TRANSFER Prescott 2.15 11.23 412.632.60 11.82 434.40 Toledo El. -0.21 8.87 325.93-0.33 8.89 326.83 Bank of Canada Noon exchange rate was 1.3077 down 0.0093 Chicago wheat closed lower. MAY16 HI 4.73 3/4 JUL16 HI 4.80 LOW 4.61 1/2 LOW 4.68 1/2 CLOSE 4.63 Down 11 CLOSE 4.69 3/4 Down 11 Minni wheat closed moderately lower. MAY16 HI 5.23 SEP16 HI 5.38 3/4 LOW 5.15 1/2 LOW 5.33 1/2 CLOSE 5.16 1/2 Down 8 1/4 CLOSE 5.35 Down 7 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 15 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 3.27 1.04 1.04 0.82 CAD $/bu 7.90 5.67 5.67 5.98 CAD $/tonne 290.31 208.46 208.46 219.78 Direct MarkHarvest 2015 Harvest 2016 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 0.65 N/A N/A 0.45 0.40 N/A London 3.04 0.54 0.74 N/A 0.83 0.50 0.50 N/A Hensall 3.05 N/A 0.85 N/A 0.75 N/A 0.40 N/A Trenton N/A N/A N/A N/A N/A N/A 0.50 N/A Winchester N/A N/A N/A N/A N/A N/A N/A N/A Essex N/A N/A 0.30 N/A N/A N/A 0.40 N/A Norwich 3.05 N/A 0.85 N/A 0.75 N/A 0.40 N/A Port Hope N/A 0.55 0.85 N/A N/A 0.35 0.45 0.55 Kent Bridge 3.05 N/A 0.10 N/A 0.75 N/A 0.40 N/A Chatham N/A 0.55 0.10 N/A N/A 0.45 0.45 N/A Brigden N/A N/A 0.10 N/A N/A N/A 0.45 N/A Palmerston N/A 0.40 0.75 0.65 N/A 0.45 0.45 0.60 Varna 3.05 0.60 0.85 N/A 0.85 0.45 0.45 N/A Mitchell 3.05 0.40 0.85 N/A 0.75 0.35 0.40 N/A Thornton N/A N/A N/A 0.09 N/A N/A N/A N/A North Gower N/A 1.00 1.00 0.77 N/A 0.74 0.82 0.95 TERMINAL Prescott N/A 0.50 N/A N/A N/A 0.75 0.85 1.00 PROCESSORS Toledo FM 3.40 N/A 1.57 N/A 1.98 N/A 1.26 N/A Toledo El. 4.55US 5.96CA 4.60US 6.02CA GFO Contract Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.00 0.93 0.87 1.00 CAD $/bu 5.70 5.63 5.57 6.35 CAD $/tonne 209.31 206.90 204.49 233.50 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 425.39 DDG's FOB Srn & Aylm 190.00 - 205.00