FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, March 13

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, March 13 Bank of Canada Noon exchange rate was 1.2942 up 0.0117 Chicago soybeans closed slightly higher. MAY18 HI 10.52 NOV18 HI 10.44 1/2 LOW 10.41 1/4 LOW 10.35 3/4 CLOSE10.48 3/4 Up 7 3/4 CLOSE 10.44 Up 8 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +MAY1+MAY1+JUL18 CK Low 2.15 12.64 464.352.10 12.54 460.77 CK High 2.25 12.74 468.022.28 12.72 467.38 CK Average 2.18 -0.9112.67 465.392.20 -0.8512.64 464.32 Essex Cty 2.20 12.69 466.192.15 12.59 462.60 Mdsx Low 2.15 12.64 464.352.15 12.59 462.60 Mdsx High 2.17 12.66 465.082.28 12.72 467.38 Mdsx Average 2.16 -0.9312.65 464.722.22 -0.8312.66 464.99 Hensall 2.15 12.64 464.352.18 12.62 463.52 Bruce 2.15 12.64 464.352.15 12.59 462.60 Putnam 2.15 12.64 464.352.15 12.59 462.60 Burford 2.24 12.73 467.662.35 12.79 469.95 Port Perry 2.17 12.66 465.082.28 12.72 467.38 Norfolk 2.15 12.64 464.352.20 12.64 464.44 Palmerston 2.15 12.64 464.352.15 12.59 462.60 Varna 2.15 12.64 464.352.20 12.64 464.44 Trenton 2.15 12.64 464.352.20 12.64 464.44 Winchester 2.12 12.61 463.252.07 12.51 459.66 North Gower 2.10 12.59 462.512.20 12.64 464.44 Huron FOB 2.25 12.74 468.022.30 12.74 468.11 Kent FOB 2.30 12.79 469.862.15 12.59 462.60 Lambton FOB 2.40 12.89 473.532.40 12.84 471.79 Middlesex FOB2.28 2.41 2.47 2.47 12.77 469.132.39 12.83 471.42 PROCESSORS Hamilton N/A N/A N/A N/A N/A Windsor N/A N/A Winchester N/A N/A TRANSFER Hamilton N/A N/A N/A N/A 2.55 12.99 477.30 Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC N/A N/A Toledo El. -0.31 10.18 373.94-0.39 10.05 369.37 Bank of Canada Noon exchange rate was 1.2942 up 0.0117 Chicago wheat closed slightly lower. MAY18 HI 4.98 JUL18 HI 5.14 3/4 LOW 4.84 3/4 LOW 5.02 1/2 CLOSE 4.86 1/2 Down 4 1/4 CLOSE 5.04 1/2 Down 3 Minni wheat closed narrowly mixed. MAY18 HI 6.29 3/4 SEP18 HI 6.43 LOW 6.23 1/4 LOW 6.36 1/2 CLOSE 6.25 1/2 Up 1 CLOSE 6.38 Down 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.37 1.30 1.11 0.48 CAD $/bu 6.23 6.17 5.97 6.74 CAD $/tonne 228.96 226.59 219.45 247.51 Direct MarkHarvest 2017 Harvest 2018 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 0.90 N/A N/A N/A 0.95 N/A London 1.04 1.36 0.91 N/A 1.34 1.09 0.96 N/A Hensall 1.05 N/A 0.90 N/A 1.10 N/A 0.95 N/A Trenton N/A N/A N/A N/A N/A N/A 1.00 N/A Winchester N/A N/A N/A N/A N/A N/A N/A N/A Essex N/A N/A N/A N/A N/A N/A 0.92 N/A Norwich 1.05 N/A 0.90 N/A 1.10 N/A 0.95 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge 1.05 N/A 0.90 N/A 1.10 N/A 0.95 N/A Chatham N/A N/A 0.90 N/A N/A N/A 0.95 N/A Brigden N/A N/A 0.90 N/A N/A N/A 0.95 N/A Palmerston N/A 0.80 0.90 0.25 N/A 0.75 0.85 0.35 Varna 1.20 1.15 0.90 N/A 1.15 1.05 0.95 N/A Mitchell 1.05 1.05 0.90 N/A 1.10 0.95 0.95 N/A Thornton N/A N/A N/A 1.13 N/A N/A N/A N/A North Gower N/A 1.16 1.02 0.32 N/A 1.28 1.21 0.33 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A N/A N/A N/A N/A N/A N/A Pt. Stanley N/A N/A N/A N/A N/A N/A N/A N/A PROCESSORS Toledo FM N/A N/A 1.56N/A N/A N/A 1.47N/A Toledo El. 4.92US 6.36CA 5.00US 6.45CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.34 1.21 1.15 0.44 CAD $/bu 6.39 6.26 6.19 6.82 CAD $/tonne 234.69 229.94 227.57 250.59 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat - Bayport Oats - Bayport Barley - FOB Hm Soymeal 537.39 DDG's FOB Srn & Aylm 220.00 - 225.00