FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, April 4

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, April 4 Exchange rate was 1.2772 down 0.0007 Chicago soybeans closed slightly to moderately lower. MAY18 HI 10.41 3/4 NOV18 HI 10.45 3/4 LOW 9.83 1/2 LOW 9.97 3/4 CLOSE10.15 1/4 Down 22 3/4 CLOSE 10.19 Down 23 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +MAY1+JUL1+JUL18 CK Low 2.07 12.22 449.102.12 12.31 452.32 CK High 2.25 12.40 455.712.20 12.39 455.25 CK Average 2.15 -0.5212.30 451.862.15 -0.5312.34 453.54 Essex Cty 2.15 12.30 452.042.15 12.34 453.42 Mdsx Low 2.07 12.22 449.102.12 12.31 452.32 Mdsx High 2.15 12.30 452.042.15 12.34 453.42 Mdsx Average 2.11 -0.5512.26 450.572.14 -0.5412.33 452.87 Hensall 2.18 12.33 452.962.18 12.37 454.34 Bruce 2.15 12.30 452.042.15 12.34 453.42 Putnam 2.15 12.30 452.042.15 12.34 453.42 Burford 2.14 12.29 451.672.19 12.38 454.89 Port Perry 2.07 12.22 449.102.12 12.31 452.32 Norfolk 2.10 12.25 450.202.20 12.39 455.25 Palmerston 2.20 12.35 453.882.15 12.34 453.42 Varna 2.20 12.35 453.882.20 12.39 455.25 Trenton 2.10 12.25 450.202.15 12.34 453.42 Winchester 2.00 12.15 446.532.00 12.19 447.91 North Gower 2.11 12.26 450.572.11 12.30 451.95 Huron FOB 2.35 12.50 459.392.30 12.49 458.93 Kent FOB 2.25 12.40 455.712.15 12.34 453.42 Lambton FOB 2.35 12.50 459.392.40 12.59 462.60 Middlesex FOB2.18 2.29 2.29 2.29 12.33 453.142.29 12.48 458.56 TRANSFER Hamilton N/A 2.60 12.79 469.95 Prescott 2.42 12.57 461.962.44 12.63 464.07 Toledo El. -0.27 9.88 363.19-0.32 9.87 362.69 Exchange rate was 1.2772 down 0.0007 Chicago wheat closed slightly lower. MAY18 HI 4.61 1/2 JUL18 HI 4.78 LOW 4.47 LOW 4.63 3/4 CLOSE 4.55 3/4 Down 1 3/4 CLOSE 4.73 Down 1 Minni wheat closed slightly to moderately lower. MAY18 HI 5.89 SEP18 HI 6.02 1/2 LOW 5.71 LOW 5.88 1/2 CLOSE 5.76 3/4 Down 6 1/4 CLOSE 5.95 Down 3 3/4 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.20 1.14 0.94 0.26 CAD $/bu 5.76 5.69 5.50 6.03 CAD $/tonne 211.54 209.19 202.15 221.39 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 0.85 N/A N/A N/A 0.90 N/A London 1.01 1.14 0.82 N/A 1.12 0.99 0.86 N/A Hensall 1.10 N/A 0.85 N/A 1.15 N/A 0.90 N/A Trenton N/A N/A N/A N/A N/A N/A 1.00 N/A Bruce 1.10 1.10 0.85 0.25 1.15 1.00 0.90 0.50 Essex N/A N/A 0.60 N/A N/A N/A 0.80 N/A Norwich 1.10 N/A 0.85 N/A 1.15 N/A 0.90 N/A Port Hope N/A N/A 0.90 N/A N/A 1.00 1.00 N/A Kent Bridge 1.10 N/A 0.85 N/A 1.15 N/A 0.90 N/A Chatham N/A N/A 0.85 N/A N/A N/A 0.90 N/A Brigden N/A N/A 0.85 N/A N/A N/A 0.90 N/A Palmerston N/A 1.00 0.90 0.25 N/A 1.00 1.00 0.50 Varna 1.15 1.20 0.85 N/A 1.10 1.10 0.90 N/A Mitchell 1.10 1.10 0.85 N/A 1.15 1.00 0.90 N/A Thornton N/A N/A N/A 1.17 N/A N/A N/A N/A North Gower N/A 1.04 0.90 0.18 N/A 1.18 1.12 0.21 W O Feed 1.43 PROCESSORS Toledo FM N/A N/A 1.39 N/A N/A N/A 1.31 N/A Toledo El. 4.66US 5.95CA 4.73US 6.04CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.18 1.06 0.99 0.24 CAD $/bu 5.91 5.79 5.72 6.19 CAD $/tonne 217.29 212.59 210.25 227.61 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 548.74 DDG's FOB Srn & Aylm 235.00 - 245.00