FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, September 18 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.3147 down 0.0039 Chicago corn closed slightly lower. DEC15 HI 3.82 1/2 DEC15 HI 3.82 1/2 LOW 3.76 1/2 LOW 3.76 1/2 CLOSE3.77 1/4 Down 2 1/2 CLOSE 3.77 1/4 Down 2 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +DEC15+DEC15+MAR16 CK Low 0.80 4.57 180.01 0.50 4.27 168.20 CK High 0.85 4.62 181.98 0.55 4.32 170.17 CK Avg 0.84 -0.37 4.61 181.65 0.54 -0.67 4.31 169.84 Essex Cty 0.85 4.62 181.98 0.50 4.27 168.20 Mdsx Low 0.85 4.62 181.98 0.55 4.32 170.17 Mdsx High 0.85 4.62 181.98 0.65 4.42 174.11 Mdsx Avg 0.85 -0.37 4.62 181.98 0.60 -0.62 4.37 172.14 Hensall 0.85 4.62 181.98 0.63 4.40 173.12 Bruce 0.85 4.62 181.98 0.55 4.32 170.17 Putnam 0.80 4.57 180.01 0.50 4.27 168.20 Burford 0.85 4.62 181.98 0.55 4.32 170.17 Port Perry 0.85 4.62 181.98 0.55 4.32 170.17 Norfolk 0.85 4.62 181.98 0.50 4.27 168.20 Palmerston 0.85 4.62 181.98 0.60 4.37 172.14 Varna 0.65 4.42 174.11 0.65 4.42 174.11 Trenton 1.50 5.27 207.57 0.70 4.47 176.07 Winchester 1.20 4.97 195.76 1.20 4.97 195.76 North Gower 1.10 4.87 191.82 1.10 4.87 191.82 Huron FOB 1.10 4.87 191.82 0.73 4.50 177.26 Kent FOB 0.85 4.62 181.98 0.50 4.27 168.20 Lamb FOB 0.85 4.62 181.98 0.50 4.27 168.20 Mdsx FOB 1.05N/A N/A N/A 4.82 189.85 0.55 4.32 170.17 FOB SW Que N/A N/A Track 1.55 5.32 209.54N/A PROCESSORS Chat-Eth N/A N/A N/A N/A N/A Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth N/A N/A N/A 0.85 N/A Sarn-Eth N/A 1.50 0.90 0.90 1.10 4.87 191.82 Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A 1.35 1.05 1.00 1.10 4.87 191.82 Pt.Colb-Ing N/A 1.35N/A N/A 1.35 5.12 201.66 Cardnl-Ing N/A N/A 1.25 1.25 1.25 5.02 197.73 W O Feed 1.88 1.46 5.65 222.53 US Rep 1.80 1.38 5.57 219.38 Toledo El. -0.11 3.67 144.35 -0.26 3.51 138.11 TRANSFER Sarnia N/A N/A Pt. Stanley N/A N/A Hamilton N/A N/A MID SD CRN 0.52 1/2 4.29 3/4 HI SD CRN 0.55 4.32 1/4 *Wet Bid Bank of Canada Noon exchange rate was 1.3147 down 0.0039 Chicago soybeans closed moderately lower. NOV15 HI 8.86 1/2 NOV16 HI 8.84 LOW 8.66 1/2 LOW 8.69 1/2 CLOSE8.67 1/4 Down 17 1/4 CLOSE 8.69 3/4 Down 13 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+NOV1+JAN16 CK Low 1.89 10.56 388.111.57 10.27 377.27 CK High 2.05 10.72 393.981.73 10.43 383.15 CK Average 1.96 -0.8410.63 390.561.63 -1.1710.33 379.59 Essex Cty 1.90 10.57 388.471.60 10.30 378.37 Mdsx Low 1.87 10.54 387.371.55 10.25 376.53 Mdsx High 1.90 10.57 388.471.60 10.30 378.37 Mdsx Average 1.89 -0.9110.56 387.921.58 -1.2310.27 377.45 Hensall 1.90 10.57 388.471.60 10.30 378.37 Bruce 1.75 10.42 382.961.55 10.25 376.53 Putnam 1.70 10.37 381.121.50 10.20 374.69 Burford 1.90 10.57 388.471.58 10.28 377.63 Port Perry 1.87 10.54 387.371.55 10.25 376.53 Norfolk 1.90 10.57 388.471.60 10.30 378.37 Palmerston 1.95 10.62 390.311.65 10.35 380.21 Varna 2.00 10.67 392.151.65 10.35 380.21 Trenton 2.00 10.67 392.151.75 10.45 383.88 Winchester 2.03 10.70 393.251.91 10.61 389.76 North Gower 2.22 10.89 400.232.04 10.74 394.54 Huron FOB 2.00 10.67 392.151.95 10.65 391.23 Kent FOB 1.90 10.57 388.471.60 10.30 378.37 Lambton FOB 1.90 10.57 388.471.60 10.30 378.37 Middlesex FOB2.09 N/A N/A N/A 10.76 395.451.77 10.47 384.61 PROCESSORS Hamilton 2.54 2.48 2.48 2.50 11.21 411.992.09 10.79 396.37 Windsor N/A N/A N/A N/A N/A Winchester N/A N/A TRANSFER Hamilton N/A N/A Pt. Stanley N/A N/A Sarnia N/A N/A Owen Sound N/A N/A Sorel QC N/A N/A Toledo El. -0.37 8.30 305.06-0.50 8.20 301.12 Bank of Canada Noon exchange rate was 1.3147 down 0.0039 Chicago wheat closed slightly higher. DEC15 HI 4.88 3/4 JUL16 HI 5.04 LOW 4.80 LOW 4.96 3/4 CLOSE 4.86 3/4 Up 5 1/4 CLOSE 5.02 1/4 Up 4 3/4 Minni wheat closed slightly higher. DEC15 HI 5.14 1/2 SEP16 HI 5.59 LOW 5.08 3/4 LOW 5.54 1/2 CLOSE 5.11 Up 3/4 CLOSE 5.56 Up 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 15 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 3.68 1.70 1.44 0.79 CAD $/bu 8.55 6.57 6.30 5.90 CAD $/tonne 314.21 241.34 231.62 216.68 Direct MarkHarvest 2015 Harvest 2016 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 1.00 N/A N/A 1.25 0.60 N/A London 3.16 1.18 0.75 N/A 1.58 1.19 0.53 N/A Hensall 3.60 N/A 1.00 N/A 1.85 N/A 0.60 N/A Trenton N/A N/A 0.90 N/A N/A N/A 0.60 N/A Winchester N/A N/A N/A 0.90 N/A N/A N/A N/A Essex N/A N/A 0.30 N/A N/A N/A 0.55 N/A Norwich 3.60 N/A 1.00 N/A 1.85 N/A 0.60 N/A Mt. Elgin N/A N/A N/A N/A N/A N/A N/A N/A Kent Bridge 3.60 N/A 0.40 N/A 1.85 N/A 0.60 N/A Chatham N/A N/A 0.30 N/A N/A 1.25 0.55 N/A Brigden N/A N/A 0.30 N/A N/A N/A 0.55 N/A Palmerston N/A 1.25 1.00 0.55 N/A 1.35 0.65 0.20 Varna 3.60 1.20 1.00 N/A 1.85 1.20 0.60 N/A Mitchell 3.60 1.20 1.00 N/A 1.85 1.30 0.60 N/A Thornton N/A N/A N/A 0.34 N/A N/A N/A N/A North Gower N/A 1.68 1.42 0.79 N/A 1.74 0.81 1.26 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Hamilton N/A N/A N/A N/A N/A N/A N/A N/A Pt. Stanley N/A N/A N/A N/A N/A N/A N/A N/A PROCESSORS Toledo FM 4.61N/A 1.90N/A 3.60N/A 2.02N/A Toledo El. 4.94US 6.53CA 4.84US 6.40CA GFO Contract Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.62 1.75 0.83 1.26 CAD $/bu 6.64 6.77 5.85 6.82 CAD $/tonne 244.01 248.87 214.86 250.69 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 290.00 - 300.00 Bayport Oats 280.00 Bayport Barley 275.00 FOB Hm Soymeal 478.41 - 501.56 DDG's FOB Srn & Aylm 215.00 - 217.00