FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, March 15

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, March 15 Exchange rate was 1.304 up 0.0099 Chicago soybeans closed slightly higher. MAY18 HI 10.46 1/4 NOV18 HI 10.39 1/4 LOW 10.27 LOW 10.24 1/2 CLOSE10.40 3/4 Up 8 1/2 CLOSE 10.33 1/2 Up 4 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +MAY1+MAY1+JUL18 CK Low 2.18 12.59 462.512.25 12.59 462.42 CK High 2.35 12.76 468.762.35 12.69 466.09 CK Average 2.27 -0.6812.68 465.882.29 -0.6512.62 463.83 Essex Cty 2.30 12.71 466.922.25 12.59 462.42 Mdsx Low 2.18 12.59 462.512.28 12.62 463.52 Mdsx High 2.25 12.66 465.082.30 12.64 464.26 Mdsx Average 2.22 -0.7312.62 463.802.29 -0.6512.63 463.89 Hensall 2.25 12.66 465.082.30 12.64 464.26 Bruce 2.25 12.66 465.082.30 12.64 464.26 Putnam 2.25 12.66 465.082.30 12.64 464.26 Burford 2.25 12.66 465.082.35 12.69 466.09 Port Perry 2.18 12.59 462.512.28 12.62 463.52 Norfolk 2.25 12.66 465.082.30 12.64 464.26 Palmerston 2.35 12.76 468.762.35 12.69 466.09 Varna 2.25 12.66 465.082.30 12.64 464.26 Trenton 2.30 12.71 466.922.30 12.64 464.26 Winchester 2.26 12.67 465.451.97 12.31 452.13 North Gower 2.13 12.54 460.672.25 12.59 462.42 Huron FOB 2.35 12.76 468.762.40 12.74 467.93 Kent FOB 2.40 12.81 470.602.25 12.59 462.42 Lambton FOB 2.20 12.61 463.252.30 12.64 464.26 Middlesex FOB2.29 2.44 2.50 2.50 12.70 466.552.39 12.73 467.56 TRANSFER Hamilton N/A 2.70 13.04 478.95 Prescott 2.56 12.97 476.472.72 13.06 479.69 Toledo El. -0.31 10.09 370.91-0.39 9.94 365.37 Exchange rate was 1.304 up 0.0099 Chicago wheat closed lower. MAY18 HI 4.93 1/4 JUL18 HI 5.10 1/2 LOW 4.76 LOW 4.93 1/4 CLOSE 4.78 3/4 Down 10 CLOSE 4.96 Down 10 1/4 Minni wheat closed moderately lower. MAY18 HI 6.29 1/4 SEP18 HI 6.41 1/4 LOW 6.15 1/4 LOW 6.28 CLOSE 6.15 1/2 Down 6 1/4 CLOSE 6.28 1/4 Down 6 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.39 1.32 1.13 0.50 CAD $/bu 6.18 6.11 5.92 6.66 CAD $/tonne 226.98 224.59 217.40 244.59 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 1.06 1.39 0.94 N/A 1.36 1.10 0.97 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 1.05 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 0.95 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 0.90 N/A N/A 0.95 0.95 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 1.00 N/A N/A N/A 1.05 N/A Brigden N/A N/A 1.00 N/A N/A N/A 1.05 N/A Palmerston N/A 0.80 0.90 0.25 N/A 0.75 0.85 0.35 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 1.18 N/A N/A N/A N/A North Gower N/A 1.21 1.06 0.37 N/A 1.34 1.27 0.38 W O Feed 1.51 PROCESSORS Toledo FM N/A N/A 1.59 N/A N/A N/A 1.51 N/A Toledo El. 4.84US 6.31CA 4.91US 6.40CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.38 1.25 1.18 0.48 CAD $/bu 6.34 6.21 6.14 6.76 CAD $/tonne 232.85 228.06 225.67 248.30 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 532.43 DDG's FOB Srn & Aylm 220.00 - 225.00