FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, April 1

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, April 1 Exchange rate was 1.4222 up 0.0137 Chicago soybeans closed slightly lower to lower. MAY20 HI 8.87 1/4 NOV20 HI 8.78 1/2 LOW 8.60 3/4 LOW 8.61 CLOSE8.62 3/4 Down 23 1/4 CLOSE 8.63 1/2 Down 14 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +MAY2+JUL2+SEP20 CK Low 3.00 11.63 427.242.95 11.59 425.68 CK High 3.10 11.73 430.913.00 11.64 427.51 CK Average 3.08 -0.4011.71 430.122.99 -0.4511.63 427.21 Essex Cty 3.00 11.63 427.242.90 11.54 423.84 Mdsx Low 3.05 11.68 429.072.95 11.59 425.68 Mdsx High 3.10 11.73 430.913.00 11.64 427.51 Mdsx Average 3.08 -0.4011.70 429.992.98 -0.4711.61 426.59 Hensall 3.10 11.73 430.913.00 11.64 427.51 Bruce 3.10 11.73 430.913.00 11.64 427.51 Putnam 3.10 11.73 430.913.00 11.64 427.51 Burford 3.12 11.75 431.653.05 11.69 429.35 Port Perry 3.04 11.67 428.712.97 11.61 426.41 Norfolk 3.00 11.63 427.242.95 11.59 425.68 Palmerston 2.95 11.58 425.402.85 11.49 422.00 Varna 3.10 11.73 430.913.00 11.64 427.51 Trenton 3.15 11.78 432.753.05 11.69 429.35 Winchester 3.10 11.73 430.913.00 11.64 427.51 North Gower 3.05 11.68 429.072.85 11.49 422.00 Vankleek Hill N/A 2.93 11.57 424.94 Huron FOB 3.25 11.88 436.423.10 11.74 431.19 Kent FOB 3.20 11.83 434.593.00 11.64 427.51 Lambton FOB 3.15 11.78 432.753.00 11.64 427.51 Middlesex FOB3.16 3.33 N/A N/A 11.79 433.123.05 11.69 429.35 PROCESSORS Windsor 3.44 12.07 443.403.15 11.79 433.02 TRANSFER Hamilton 3.55 12.18 447.453.45 12.09 444.05 Prescott N/A 3.10 11.74 431.19 Port Colborne3.43 12.06 443.043.46 12.10 444.42 Toledo El. 0.04 8.67 318.57-0.43 8.21 301.62 Exchange rate was 1.4222 up 0.0137 Chicago wheat closed lower. MAY20 HI 5.71 3/4 SEP20 HI 5.69 LOW 5.46 1/2 LOW 5.47 3/4 CLOSE 5.50 1/4 Down 18 1/2 CLOSE 5.51 1/4 Down 14 Minni wheat closed lower. MAY20 HI 5.39 1/4 SEP20 HI 5.56 LOW 5.23 LOW 5.42 CLOSE 5.24 1/2 Down 14 3/4 CLOSE 5.43 1/2 Down 13 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 2.54 2.75 2.54 1.72 CAD $/bu 8.04 8.25 8.04 6.96 CAD $/tonne 295.38 303.21 295.38 255.79 Direct MarkHarvest 2019 Harvest 2020 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 N/A N/A N/A N/A 1.62 N/A London 2.38 2.81 2.31 N/A 1.98 2.27 1.70 N/A Hensall 2.22 N/A 2.22 N/A 1.82 N/A 1.62 N/A Trenton N/A N/A N/A N/A N/A N/A 1.72 N/A Bruce 2.22 2.57 2.22 2.20 1.82 2.02 1.62 1.40 Essex N/A N/A N/A N/A N/A N/A 1.67 N/A Norwich 2.22 N/A 2.22 N/A 1.82 N/A 1.62 N/A Port Hope N/A N/A 2.25 N/A N/A N/A 1.72 N/A Kent Bridge 2.22 N/A 2.22 N/A 1.82 N/A 1.62 N/A Chatham N/A N/A N/A N/A N/A N/A 1.67 N/A Brigden N/A N/A N/A N/A N/A N/A 1.67 N/A Palmerston N/A 2.52 2.16 2.00 N/A 2.03 1.60 1.37 Varna 2.35 2.65 2.25 N/A 1.82 2.02 1.62 N/A Mitchell 2.22 2.42 2.22 N/A 1.82 2.02 1.62 N/A Thornton N/A N/A N/A 2.72 N/A N/A N/A N/A North Gower N/A 2.40 2.20 1.50 N/A 2.05 1.85 1.35 W O Feed 2.85 TERMINAL Port Colbor N/A N/A 2.65 N/A N/A N/A 2.11 N/A PROCESSORS Toledo FM N/A N/A 2.32 N/A N/A N/A 2.28 N/A Toledo El. 5.40US 7.68CA 5.48US 7.79CA GFO Contract Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.97 2.32 1.97 1.44 CAD $/bu 7.48 7.83 7.48 6.87 CAD $/tonne 274.82 287.88 274.82 252.50 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 535.62 DDG's FOB Srn & Aylm -