FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, April 16

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, April 16 Exchange rate was 1.2553 down 0.0045 Chicago soybeans closed slightly to moderately lower. MAY18 HI 10.58 3/4 NOV18 HI 10.52 1/2 LOW 10.41 1/2 LOW 10.39 1/4 CLOSE10.42 Down 12 1/4 CLOSE 10.40 1/4 Down 9 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 2.08 12.50 459.302.05 12.45 457.55 CK High 2.15 12.57 461.872.15 12.55 461.23 CK Average 2.11 -0.4412.53 460.212.10 -0.4412.50 459.33 Essex Cty 2.20 12.62 463.712.05 12.45 457.55 Mdsx Low 2.08 12.50 459.302.09 12.49 459.02 Mdsx High 2.10 12.52 460.032.10 12.50 459.39 Mdsx Average 2.09 -0.4512.51 459.662.10 -0.4512.50 459.20 Hensall 2.10 12.52 460.032.10 12.50 459.39 Bruce 2.10 12.52 460.032.10 12.50 459.39 Putnam 2.10 12.52 460.032.05 12.45 457.55 Burford 2.15 12.57 461.872.16 12.56 461.59 Port Perry 2.08 12.50 459.302.09 12.49 459.02 Norfolk 2.10 12.52 460.032.15 12.55 461.23 Palmerston 2.20 12.62 463.712.15 12.55 461.23 Varna 2.10 12.52 460.032.10 12.50 459.39 Trenton 2.10 12.52 460.032.00 12.40 455.71 Winchester 1.96 12.38 454.892.03 12.43 456.82 North Gower 1.98 12.40 455.622.00 12.40 455.71 Huron FOB 2.20 12.62 463.712.20 12.60 463.06 Kent FOB 2.25 12.67 465.542.10 12.50 459.39 Lambton FOB 2.20 12.62 463.712.15 12.55 461.23 Middlesex FOB2.19 2.26 2.26 2.26 12.61 463.342.13 12.53 460.49 TRANSFER Hamilton N/A 2.50 12.90 474.09 Prescott 2.42 12.84 471.792.45 12.85 472.25 Toledo El. -0.26 10.16 373.18-0.31 10.09 370.70 Exchange rate was 1.2553 down 0.0045 Chicago wheat closed lower. MAY18 HI 4.70 1/4 JUL18 HI 4.87 LOW 4.61 1/2 LOW 4.78 CLOSE 4.62 1/4 Down 10 1/4 CLOSE 4.79 Down 10 1/4 Minni wheat closed moderately lower to lower. MAY18 HI 6.14 1/4 SEP18 HI 6.27 LOW 6.03 1/2 LOW 6.17 1/4 CLOSE 6.06 3/4 Down 10 1/4 CLOSE 6.20 1/2 Down 9 3/4 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.12 1.05 0.87 0.23 CAD $/bu 5.74 5.68 5.49 6.30 CAD $/tonne 210.91 208.60 201.68 231.44 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 0.85 N/A London 1.01 1.08 0.83 N/A 1.12 0.93 0.80 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 0.82 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 0.85 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 0.85 N/A Brigden N/A N/A 0.85 N/A N/A N/A 0.85 N/A Palmerston N/A 1.00 0.90 0.25 N/A 0.90 0.85 0.35 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 0.83 N/A N/A N/A N/A North Gower N/A 1.01 0.87 0.08 N/A 1.17 1.11 0.20 W O Feed 1.48 PROCESSORS Toledo FM N/A N/A 1.31 N/A N/A N/A 1.22 N/A Toledo El. 4.82US 6.05CA 4.84US 6.08CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.10 0.97 0.91 0.20 CAD $/bu 5.89 5.76 5.70 6.41 CAD $/tonne 216.33 211.72 209.41 235.47 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 551.17 DDG's FOB Srn & Aylm 245.00 - 250.00