FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, April 7

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, April 7 Bank of Canada Noon exchange rate was 1.3163 up 0.0086 Chicago soybeans closed slightly lower. MAY16 HI 9.09 3/4 NOV16 HI 9.24 LOW 9.03 1/2 LOW 9.18 1/4 CLOSE9.04 1/2 Down 3 1/2 CLOSE 9.19 1/2 Down 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 11.44 420.162.15 11.35 416.86 CK High 2.50 11.55 424.212.25 11.45 420.53 CK Average 2.42 -0.3311.46 421.082.18 -0.5411.38 418.02 Essex Cty 2.55 11.60 426.042.25 11.45 420.53 Mdsx Low 2.37 11.42 419.432.15 11.35 416.86 Mdsx High 2.40 11.45 420.532.17 11.37 417.59 Mdsx Average 2.39 -0.3511.43 419.982.16 -0.5611.36 417.22 Hensall 2.43 11.47 421.452.18 11.37 417.78 Bruce 2.40 11.45 420.532.15 11.35 416.86 Putnam 2.45 11.50 422.372.20 11.40 418.69 Burford 2.40 11.45 420.532.20 11.40 418.69 Port Perry 2.37 11.42 419.432.17 11.37 417.59 Norfolk 2.40 11.45 420.532.15 11.35 416.86 Palmerston 2.50 11.55 424.212.20 11.40 418.69 Varna 2.45 11.50 422.372.20 11.40 418.69 Trenton 2.40 11.45 420.532.20 11.40 418.69 Winchester 2.33 11.38 417.962.37 11.57 424.94 North Gower 2.31 11.36 417.222.26 11.46 420.90 Huron FOB 2.60 11.65 427.882.25 11.45 420.53 Kent FOB 2.55 11.60 426.042.20 11.40 418.69 Lambton FOB 2.55 11.60 426.042.40 11.60 426.04 Middlesex FOB2.54 2.60 2.63 N/A 11.59 425.682.30 11.50 422.37 PROCESSORS Hamilton 2.93 2.93 3.02 3.02 11.98 440.012.64 11.84 434.86 Windsor N/A N/A N/A N/A N/A Winchester N/A N/A TRANSFER Prescott 2.15 11.20 411.352.60 11.80 433.39 Toledo El. -0.21 8.83 324.62-0.33 8.87 325.78 Bank of Canada Noon exchange rate was 1.3163 up 0.0086 Chicago wheat closed moderately lower. MAY16 HI 4.65 1/4 JUL16 HI 4.72 LOW 4.56 3/4 LOW 4.64 CLOSE 4.57 Down 6 CLOSE 4.64 1/2 Down 5 1/4 Minni wheat closed slightly lower. MAY16 HI 5.18 SEP16 HI 5.36 1/2 LOW 5.13 1/4 LOW 5.32 CLOSE 5.13 1/2 Down 3 CLOSE 5.32 Down 3 GFO Cash Wheat Prices - DEL Terminal Current Crop 15 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 3.08 0.85 0.78 0.63 CAD $/bu 7.65 5.42 5.35 5.77 CAD $/tonne 281.16 199.03 196.62 211.83 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 3.01 0.52 0.71 N/A 0.80 0.47 0.47 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 0.03 N/A N/A N/A N/A North Gower N/A 0.94 0.94 0.72 N/A 0.68 0.77 0.90 TERMINAL Prescott N/A 0.50 N/A N/A N/A 0.75 0.85 1.00 PROCESSORS Toledo FM 3.41 N/A 1.57 N/A 1.99 N/A 1.26 N/A Toledo El. 4.49US 5.90CA 4.55US 5.98CA GFO Contract Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.00 0.94 0.87 1.02 CAD $/bu 5.65 5.58 5.52 6.34 CAD $/tonne 207.49 205.07 202.66 232.85 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 423.07 DDG's FOB Srn & Aylm 190.00 - 205.00