FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, March 19

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, March 19 Exchange rate was 1.3047 down 0.0023 Chicago soybeans closed slightly lower to lower. MAY18 HI 10.45 1/2 NOV18 HI 10.39 LOW 10.21 3/4 LOW 10.21 1/2 CLOSE10.22 1/2 Down 27 CLOSE 10.22 3/4 Down 18 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +MAY1+MAY1+JUL18 CK Low 2.30 12.53 460.212.30 12.53 460.31 CK High 2.40 12.63 463.892.45 12.68 465.82 CK Average 2.35 -0.5912.58 462.052.37 -0.5712.59 462.76 Essex Cty 2.40 12.63 463.892.35 12.58 462.14 Mdsx Low 2.30 12.53 460.212.35 12.58 462.14 Mdsx High 2.35 12.58 462.052.40 12.63 463.98 Mdsx Average 2.33 -0.6112.55 461.132.38 -0.5712.60 463.06 Hensall 2.35 12.58 462.052.40 12.63 463.98 Bruce 2.35 12.58 462.052.40 12.63 463.98 Putnam 2.35 12.58 462.052.40 12.63 463.98 Burford 2.37 12.60 462.792.42 12.65 464.72 Port Perry 2.30 12.53 460.212.35 12.58 462.14 Norfolk 2.35 12.58 462.052.40 12.63 463.98 Palmerston 2.35 12.58 462.052.35 12.58 462.14 Varna 2.35 12.58 462.052.40 12.63 463.98 Trenton 2.40 12.63 463.892.40 12.63 463.98 Winchester 2.35 12.58 462.052.27 12.50 459.20 North Gower 2.25 12.48 458.382.35 12.58 462.14 Huron FOB 2.45 12.68 465.732.50 12.73 467.66 Kent FOB 2.50 12.73 467.562.35 12.58 462.14 Lambton FOB 2.30 12.53 460.212.55 12.78 469.49 Middlesex FOB2.34 2.53 2.62 2.62 12.57 461.682.49 12.72 467.29 TRANSFER Hamilton N/A 2.80 13.03 478.68 Prescott 2.63 12.86 472.342.78 13.01 477.94 Toledo El. -0.31 9.91 364.20-0.39 9.84 361.41 Exchange rate was 1.3047 down 0.0023 Chicago wheat closed lower. MAY18 HI 4.66 JUL18 HI 4.83 1/4 LOW 4.50 1/4 LOW 4.67 1/4 CLOSE 4.50 3/4 Down 17 CLOSE 4.67 3/4 Down 17 1/4 Minni wheat closed lower. MAY18 HI 6.11 3/4 SEP18 HI 6.25 1/4 LOW 5.95 LOW 6.12 CLOSE 5.96 1/2 Down 15 1/4 CLOSE 6.13 1/2 Down 11 3/4 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.31 1.24 1.05 0.45 CAD $/bu 5.82 5.75 5.55 6.41 CAD $/tonne 213.69 211.30 204.11 235.63 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 0.95 N/A N/A N/A 1.00 N/A London 1.02 1.34 0.89 N/A 1.33 1.06 0.93 N/A Hensall 1.10 N/A 0.95 N/A 1.15 N/A 1.00 N/A Trenton N/A N/A N/A N/A N/A N/A 1.00 N/A Bruce 1.10 1.10 0.95 0.20 1.15 1.00 1.00 0.35 Essex N/A N/A N/A N/A N/A N/A 0.97 N/A Norwich 1.10 N/A 0.95 N/A 1.15 N/A 1.00 N/A Port Hope N/A N/A 0.95 N/A N/A 1.00 1.00 N/A Kent Bridge 1.10 N/A 0.95 N/A 1.15 N/A 1.00 N/A Chatham N/A N/A 0.95 N/A N/A N/A 1.00 N/A Brigden N/A N/A 0.95 N/A N/A N/A 1.00 N/A Palmerston N/A 1.00 0.90 0.25 N/A 1.00 1.00 0.50 Varna 1.25 1.20 0.95 N/A 1.20 1.10 1.00 N/A Mitchell 1.10 1.10 0.95 N/A 1.15 1.00 1.00 N/A Thornton N/A N/A N/A 1.06 N/A N/A N/A N/A North Gower N/A 1.21 1.06 0.41 N/A 1.35 1.28 0.43 W O Feed 1.55 PROCESSORS Toledo FM N/A N/A 1.50 N/A N/A N/A 1.43 N/A Toledo El. 4.56US 5.95CA 4.63US 6.04CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.29 1.16 1.10 0.43 CAD $/bu 5.97 5.84 5.78 6.57 CAD $/tonne 219.45 214.65 212.25 241.38 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 518.76 DDG's FOB Srn & Aylm 220.00 - 225.00