FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, March 31

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, March 31 Bank of Canada Noon exchange rate was 1.3322 up 0.0043 Chicago soybeans closed slightly to moderately lower. MAY17 HI 9.66 1/2 NOV17 HI 9.67 1/4 LOW 9.44 1/4 LOW 9.49 1/2 CLOSE9.46 Down 17 CLOSE 9.54 Down 9 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +MAY1+JUL1+JUL17 CK Low 2.49 11.95 439.092.34 11.88 436.52 CK High 2.55 12.01 441.292.45 11.99 440.56 CK Average 2.52 -0.4511.98 440.012.40 -0.5511.94 438.66 Essex Cty 2.55 12.01 441.292.45 11.99 440.56 Mdsx Low 2.49 11.95 439.092.32 11.86 435.78 Mdsx High 2.55 12.01 441.292.40 11.94 438.72 Mdsx Average 2.52 -0.4411.98 440.192.36 -0.5811.90 437.25 Hensall 2.55 12.01 441.292.43 11.97 439.64 Bruce 2.55 12.01 441.292.40 11.94 438.72 Putnam 2.70 12.16 446.802.55 12.09 444.23 Burford 2.59 12.05 442.762.42 11.96 439.45 Port Perry 2.49 11.95 439.092.32 11.86 435.78 Norfolk 2.55 12.01 441.292.55 12.09 444.23 Palmerston 2.60 12.06 443.132.50 12.04 442.39 Varna 2.55 12.01 441.292.45 11.99 440.56 Trenton 2.60 12.06 443.132.55 12.09 444.23 Winchester 2.50 11.96 439.452.55 12.09 444.23 North Gower 2.40 11.86 435.782.58 12.12 445.33 Huron FOB 2.70 12.16 446.802.55 12.09 444.23 Kent FOB 2.60 12.06 443.132.40 11.94 438.72 Lambton FOB 2.60 12.06 443.132.50 12.04 442.39 Middlesex FOB2.66 2.66 2.59 N/A 12.12 445.332.49 12.03 442.03 PROCESSORS Hamilton 3.00 2.90 N/A N/A 12.46 457.832.90 12.44 457.09 N/A N/A N/A TRANSFER Prescott 2.63 12.09 444.232.81 12.35 453.78 Sarnia 2.57 12.03 442.032.82 12.36 454.15 Toledo El. -0.39 9.07 333.44-0.52 9.02 331.50 Bank of Canada Noon exchange rate was 1.3322 up 0.0043 Chicago wheat closed slightly higher. MAY17 HI 4.32 1/4 JUL17 HI 4.44 3/4 LOW 4.16 1/2 LOW 4.29 1/2 CLOSE 4.26 1/2 Up 5 1/2 CLOSE 4.39 Up 5 Minni wheat closed slightly to moderately lower. MAY17 HI 5.50 SEP17 HI 5.61 1/2 LOW 5.33 1/2 LOW 5.47 1/2 CLOSE 5.34 1/4 Down 9 1/4 CLOSE 5.49 Down 5 3/4 GFO Cash Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.67 0.67 0.67 0.29 CAD $/bu 4.93 4.93 4.93 5.64 CAD $/tonne 181.33 181.33 181.33 207.07 Direct MarkHarvest 2016 Harvest 2017 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 0.70 N/A N/A N/A 0.75 N/A London 0.73 0.66 0.66 N/A 0.90 0.64 0.70 N/A Hensall 0.80 N/A 0.70 N/A 0.90 N/A 0.75 N/A Trenton N/A N/A N/A N/A N/A N/A 0.85 N/A Bruce 0.80 0.70 0.70 0.40 0.90 0.70 0.75 0.60 Essex N/A N/A 0.65 N/A N/A N/A 0.77 N/A Norwich 0.80 N/A 0.70 N/A 0.90 N/A 0.75 N/A Port Hope N/A N/A 0.70 N/A N/A 0.75 0.80 N/A Kent Bridge 0.80 N/A 0.70 N/A 0.90 N/A 0.75 N/A Chatham N/A N/A 0.70 N/A N/A N/A 0.75 N/A Brigden N/A N/A 0.70 N/A N/A N/A 0.75 N/A Palmerston N/A 0.70 0.70 N/A N/A 0.70 0.75 0.60 Varna 0.80 0.70 0.70 N/A 1.05 0.75 0.75 N/A Mitchell 0.80 0.70 0.70 N/A 0.90 0.75 0.75 N/A Thornton N/A N/A N/A 0.24 N/A N/A N/A N/A North Gower N/A 0.56 0.56 0.13 N/A 1.08 1.08 0.67 W O Feed 1.36 TERMINAL Sarnia N/A N/A 1.02 N/A N/A N/A 1.13 N/A Prescott N/A N/A N/A N/A N/A N/A 0.95 N/A PROCESSORS Toledo FM N/A N/A 1.40N/A N/A N/A 1.44N/A Toledo El. N/A 4.24US 5.63CA GFO Contract Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.04 1.04 1.04 0.74 CAD $/bu 5.43 5.43 5.43 6.23 CAD $/tonne 199.63 199.63 199.63 228.92 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 464.52 DDG's FOB Srn & Aylm 175.00