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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, April 26
Exchange rate was 1.2858 up 0.0014
Chicago soybeans closed narrowly mixed.

       JUL18   HI 10.46  1/4          NOV18    HI 10.39  1/4
              LOW 10.35  1/2                  LOW 10.30
             CLOSE10.39  1/2  Up  1/4       CLOSE 10.33  1/4  Down 1 1/2

             OLD CROP                             NEW CROP
Location     Basis 1mt  2mt  3mt U.S.  $/bu  $/mt BasisU.S.  $/bu  $/mt
ELEVATORS         +JUL1+JUL1+JUL18
CK Low       2.18                     12.58 462.052.40      12.73 467.84
CK High      2.35                     12.75 468.302.50      12.83 471.51
CK Average   2.27                -0.5512.66 465.182.45 -0.3912.78 469.62
Essex Cty    2.35                     12.75 468.302.50      12.83 471.51
Mdsx Low     2.23                     12.63 463.892.44      12.77 469.31
Mdsx High    2.30                     12.70 466.462.50      12.83 471.51
Mdsx Average 2.27                -0.5512.66 465.182.47 -0.3812.80 470.41
Hensall      2.30                     12.70 466.462.48      12.81 470.60
Bruce        2.30                     12.70 466.462.45      12.78 469.68
Putnam       2.30                     12.70 466.462.50      12.83 471.51
Burford      2.30                     12.70 466.462.51      12.84 471.88
Port Perry   2.20                     12.60 462.792.41      12.74 468.21
Norfolk      2.35                     12.75 468.302.55      12.88 473.35
Palmerston   2.35                     12.75 468.302.55      12.88 473.35
Varna        2.30                     12.70 466.462.45      12.78 469.68
Trenton      2.30                     12.70 466.462.40      12.73 467.84
Winchester   2.18                     12.58 462.052.40      12.73 467.84
North Gower  2.08                     12.48 458.382.32      12.65 464.90
Huron FOB    2.40                     12.80 470.142.55      12.88 473.35
Kent FOB     2.50                     12.90 473.812.50      12.83 471.51
Lambton FOB  2.50                     12.90 473.812.65      12.98 477.03
Middlesex FOB2.36 2.44 2.56 2.63      12.76 468.672.56      12.89 473.72


TRANSFER
Hamilton      N/A                                 2.85      13.18 484.37
Prescott     2.40                     12.80 470.142.95      13.28 488.05

Toledo El.   -0.42                     9.97 366.36-0.32     10.01 367.84


Exchange rate was 1.2858 up 0.0014
Chicago wheat closed moderately lower.
MAY18      HI     4.91  1/2             JUL18   HI      5.04  1/4
           LOW    4.76  1/2                     LOW     4.87  1/4
           CLOSE  4.80  3/4  Down 5 1/2         CLOSE   4.89  1/2  Down 9 1/2

Minni wheat closed slightly lower to steady.
MAY18      HI         6.04              SEP18   HI      6.19  1/4
           LOW    5.93  3/4                     LOW     6.07  1/4
           CLOSE  5.99  1/2  Unchanged          CLOSE   6.10  3/4  Down 3 1/2

GFO Cash Wheat Prices - DEL Terminal
Harvest 17        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 1.31          1.25            1.05          0.36
CAD $/bu              6.12          6.05            5.86          6.36
CAD $/tonne         224.78        222.41          215.33        233.63


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    0.84    N/A    N/A     N/A    0.90    N/A
London      1.17    1.23   0.97    N/A    1.26    1.07   1.01    N/A
Hensall     1.19    N/A    0.84    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   0.80   0.25    1.15    1.00   0.90   0.50
Essex        N/A    N/A    0.62    N/A    N/A     N/A    0.95    N/A
Norwich     1.19    N/A    0.84    N/A    1.15    N/A    0.90    N/A
Port Hope    N/A    N/A    0.89    N/A    N/A     1.00   1.00    N/A
Kent Bridge 1.19    N/A    0.84    N/A    1.15    N/A    0.90    N/A
Chatham      N/A    N/A    0.95    N/A    N/A     N/A    0.95    N/A
Brigden      N/A    N/A    0.95    N/A    N/A     N/A    0.95    N/A
Palmerston   N/A    0.99   0.89   0.25    N/A     0.90   0.85   0.35
Varna       1.19    1.19   0.89    N/A    1.30    1.10   0.95    N/A
Mitchell    1.19    1.19   0.84    N/A    1.15    1.00   0.90    N/A
Thornton     N/A    N/A     N/A   1.26    N/A     N/A     N/A    N/A
North Gower  N/A    1.15   1.01   0.16    N/A     1.18   1.22   0.28
W O Feed                   1.45


PROCESSORS
Toledo FM    N/A    N/A    1.62    N/A    N/A     N/A    1.53    N/A

Toledo El. 4.95US         6.36CA         4.95US         6.36CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 18        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 1.27          1.14            1.08          0.33
CAD $/bu              6.17          6.04            5.97          6.44
CAD $/tonne         226.55        221.82          219.46        236.59

(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange

FEED GRAINS
FOB Hm Soymeal             557.01
DDG's FOB Srn & Aylm       250.00

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