FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, March 9

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, March 9 Exchange rate was 1.2828 down 0.0120 Chicago soybeans closed slightly lower to lower. MAY18 HI 10.65 NOV18 HI 10.44 3/4 LOW 10.36 1/2 LOW 10.27 1/2 CLOSE10.39 1/4 Down 24 3/4 CLOSE 10.30 Down 15 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +MAY1+MAY1+JUL18 CK Low 2.10 12.49 459.022.10 12.40 455.62 CK High 2.15 12.54 460.862.15 12.45 457.46 CK Average 2.13 -0.6312.52 460.062.13 -0.5912.43 456.85 Essex Cty 2.20 12.59 462.702.15 12.45 457.46 Mdsx Low 2.10 12.49 459.022.15 12.45 457.46 Mdsx High 2.12 12.51 459.762.15 12.45 457.46 Mdsx Average 2.11 -0.6512.50 459.392.15 -0.5812.45 457.46 Hensall 2.15 12.54 460.862.20 12.50 459.30 Bruce 2.10 12.49 459.022.15 12.45 457.46 Putnam 2.10 12.49 459.022.15 12.45 457.46 Burford 2.19 12.58 462.332.22 12.52 460.03 Port Perry 2.12 12.51 459.762.15 12.45 457.46 Norfolk 2.15 12.54 460.862.20 12.50 459.30 Palmerston 2.15 12.54 460.862.15 12.45 457.46 Varna 2.20 12.59 462.702.25 12.55 461.13 Trenton 2.15 12.54 460.862.15 12.45 457.46 Winchester 2.14 12.53 460.492.03 12.33 453.05 North Gower 2.20 12.59 462.702.25 12.55 461.13 Huron FOB 2.30 12.69 466.372.25 12.55 461.13 Kent FOB 2.30 12.69 466.372.15 12.45 457.46 Lambton FOB 2.40 12.79 470.042.40 12.70 466.65 Middlesex FOB2.23 2.36 2.41 2.41 12.62 463.802.25 12.55 461.13 TRANSFER Hamilton N/A 2.70 13.00 477.67 Prescott 2.39 12.78 469.682.51 12.81 470.69 Toledo El. -0.31 10.08 370.55-0.38 9.92 364.35 Exchange rate was 1.2828 down 0.0120 Chicago wheat closed moderately lower to lower. MAY18 HI 4.99 1/2 JUL18 HI 5.15 1/4 LOW 4.86 LOW 5.01 3/4 CLOSE 4.89 1/4 Down 10 CLOSE 5.05 1/2 Down 9 3/4 Minni wheat closed moderately lower. MAY18 HI 6.23 SEP18 HI 6.35 LOW 6.13 1/4 LOW 6.28 1/2 CLOSE 6.17 1/2 Down 7 1/4 CLOSE 6.32 1/4 Down 6 1/2 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.32 1.26 1.06 0.40 CAD $/bu 6.21 6.15 5.96 6.57 CAD $/tonne 228.25 225.89 218.82 241.56 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 1.02 1.34 0.82 N/A 1.31 1.05 0.86 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 Bruce 1.05 1.05 0.90 0.20 1.10 0.95 0.95 0.35 Essex N/A N/A N/A N/A N/A N/A 0.93 N/A Norwich 1.05 N/A 0.90 N/A 1.10 N/A 0.95 N/A Port Hope N/A N/A 0.90 N/A N/A 0.95 0.95 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 0.95 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 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 1.21 N/A N/A N/A N/A North Gower N/A 1.24 1.10 0.38 N/A 1.37 1.30 0.40 W O Feed 1.48 PROCESSORS Toledo FM N/A N/A 1.51 N/A N/A N/A 1.42 N/A Toledo El. 4.89US 6.28CA 5.01US 6.41CA 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 0.36 CAD $/bu 6.34 6.22 6.15 6.69 CAD $/tonne 233.09 228.38 226.03 245.67 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 535.29 DDG's FOB Srn & Aylm 220.00 - 225.00