FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, April 11

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, April 11 Bank of Canada Noon exchange rate was 1.2913 down 0.0082 Chicago soybeans closed slightly to moderately higher. MAY16 HI 9.29 1/2 NOV16 HI 9.42 LOW 9.15 1/2 LOW 9.29 1/4 CLOSE9.28 1/4 Up 11 1/2 CLOSE 9.40 3/4 Up 10 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JUL1+MAY1+JUL16 CK Low 2.20 11.48 421.912.03 11.44 420.26 CK High 2.30 11.58 425.582.05 11.46 420.99 CK Average 2.27 -0.3211.55 424.362.05 -0.5211.45 420.87 Essex Cty 2.25 11.53 423.752.05 11.46 420.99 Mdsx Low 2.23 11.51 423.012.01 11.42 419.52 Mdsx High 2.30 11.58 425.582.05 11.46 420.99 Mdsx Average 2.27 -0.3211.55 424.302.03 -0.5311.44 420.26 Hensall 2.30 11.58 425.582.05 11.46 420.99 Bruce 2.30 11.58 425.582.05 11.46 420.99 Putnam 2.40 11.68 429.262.15 11.56 424.67 Burford 2.26 11.54 424.112.04 11.45 420.62 Port Perry 2.23 11.51 423.012.01 11.42 419.52 Norfolk 2.25 11.53 423.752.05 11.46 420.99 Palmerston 2.20 11.48 421.912.00 11.41 419.15 Varna 2.30 11.58 425.582.05 11.46 420.99 Trenton 2.25 11.53 423.752.05 11.46 420.99 Winchester 2.18 11.46 421.172.21 11.62 426.87 North Gower 2.20 11.48 421.912.10 11.51 422.83 Huron FOB 2.40 11.68 429.262.15 11.56 424.67 Kent FOB 2.40 11.68 429.262.10 11.51 422.83 Lambton FOB 2.40 11.68 429.262.25 11.66 428.34 Middlesex FOB2.40 2.47 N/A N/A 11.68 429.262.17 11.58 425.40 PROCESSORS Hamilton 2.77 2.84 2.84 2.84 12.05 442.852.48 11.89 436.79 Windsor N/A N/A N/A N/A N/A Winchester N/A N/A TRANSFER Prescott 1.95 11.23 412.722.40 11.81 433.85 Toledo El. -0.21 9.08 333.50-0.32 9.09 333.83 Bank of Canada Noon exchange rate was 1.2913 down 0.0082 Chicago wheat closed lower. MAY16 HI 4.58 3/4 JUL16 HI 4.64 1/2 LOW 4.46 LOW 4.53 CLOSE 4.47 1/4 Down 13 CLOSE 4.54 1/4 Down 12 1/2 Minni wheat closed lower. MAY16 HI 5.20 SEP16 HI 5.34 LOW 5.10 LOW 5.27 3/4 CLOSE 5.10 1/4 Down 10 3/4 CLOSE 5.27 3/4 Down 11 1/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 15 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 2.90 0.71 0.65 0.51 CAD $/bu 7.38 5.18 5.12 5.61 CAD $/tonne 271.00 190.49 188.12 206.12 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 0.55 N/A N/A 0.40 0.40 N/A London 2.87 0.42 0.61 N/A 0.69 0.37 0.37 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 0.45 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 0.45 0.00 N/A N/A 0.35 0.35 N/A Brigden N/A N/A 0.00 N/A N/A N/A 0.35 N/A Palmerston N/A 0.40 0.75 0.65 N/A 0.45 0.45 0.60 Varna 2.95 0.55 0.75 N/A 0.75 0.40 0.35 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 -0.14 N/A N/A N/A N/A North Gower N/A 0.69 0.63 0.48 N/A 0.63 0.71 0.86 TERMINAL Prescott N/A 0.50 N/A N/A N/A 0.75 0.85 1.00 PROCESSORS Toledo FM 3.23 N/A 1.19 N/A 1.83 N/A 1.12 N/A Toledo El. 4.39US 5.66CA 4.44US 5.73CA GFO Contract Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.73 0.67 0.60 0.75 CAD $/bu 5.27 5.21 5.15 6.03 CAD $/tonne 193.81 191.44 189.07 221.51 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 437.74 DDG's FOB Srn & Aylm 190.00 - 195.00