FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, October 12 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.2943 down 0.0003 Chicago corn closed slightly lower. DEC15 HI 3.85 1/4 DEC16 HI 4.08 3/4 LOW 3.80 1/4 LOW 4.05 1/4 CLOSE3.80 3/4 Down 2 CLOSE 4.06 1/2 Down 1 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt Adj $/bu $/mt Cntrct Adj $/bu $/mt ELEVATORS +DEC15+MAR16+MAR16 CK Low 0.60 4.41 173.52 0.55 4.62 181.68 CK High 0.60 4.41 173.52 0.55 4.62 181.68 CK Avg 0.60 -0.55 4.41 173.52 0.55 -0.67 4.62 181.68 Essex Cty 0.60 4.41 173.52 0.55 4.62 181.68 Mdsx Low 0.60 4.41 173.52 0.55 4.62 181.68 Mdsx High 0.65 4.46 175.48 0.65 4.72 185.62 Mdsx Avg 0.63 -0.52 4.43 174.50 0.60 -0.62 4.67 183.65 Hensall 0.65 4.46 175.48 0.65 4.72 185.62 Bruce 0.60 4.41 173.52 0.55 4.62 181.68 Putnam 0.60 4.41 173.52 0.55 4.62 181.68 Burford 0.60 4.41 173.52 0.55 4.62 181.68 Port Perry 0.65 4.46 175.48 0.65 4.72 185.62 Norfolk 0.60 4.41 173.52 0.55 4.62 181.68 Palmerston 0.65 4.46 175.48 0.55 4.62 181.68 Varna 0.70 4.51 177.45 0.65 4.72 185.62 Trenton 0.75 4.56 179.42 0.60 4.67 183.65 Winchester 1.15 4.96 195.17 0.85 4.92 193.49 North Gower 1.15 4.96 195.17 0.85 4.92 193.49 Huron FOB 0.95 4.76 187.29 0.75 4.82 189.56 Kent FOB 0.60 4.41 173.52 0.55 4.62 181.68 Lamb FOB 0.56 4.37 171.94 0.55 4.62 181.68 Mdsx FOB 0.60N/A N/A N/A 4.41 173.52 0.55 4.62 181.68 FOB SW Que N/A N/A Track 1.13 4.93 194.18N/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 0.90 0.95 N/A Sarn-Eth 1.10 0.90 0.90 0.95 4.91 193.20N/A Cllngwd-Eth N/A N/A N/A N/A N/A* London-Ing N/A 1.10 1.20 1.25 0.95 5.02 197.43 Pt.Colb-Ing N/A N/A N/A N/A N/A Cardnl-Ing 1.30 1.20 1.35 1.40 5.11 201.07 0.90 4.97 195.46 W O Feed 1.43 1.05 5.24 206.19 US Rep 1.40 1.02 5.21 205.01 Toledo El. -0.07 3.74 147.33 -0.56 3.51 138.01 TRANSFER Sarnia N/A N/A Pt. Stanley N/A N/A Hamilton N/A N/A MID SD CRN 0.60 4.40 3/4 HI SD CRN 0.60 4.40 3/4 *Wet Bid Bank of Canada Noon exchange rate was 1.2943 down 0.0003 Chicago soybeans closed steady to slightly higher. NOV15 HI 8.94 1/2 NOV16 HI 9.02 1/4 LOW 8.85 1/2 LOW 8.94 1/4 CLOSE8.87 1/2 Up 1 3/4 CLOSE 8.95 Unchanged OLD CROP NEW CROP Location Basis 1mt 2mt 3mt Adj. $/bu $/mt BasisAdj. $/bu $/mt ELEVATORS +NOV1+JAN1+JAN16 CK Low 1.95 10.83 397.751.55 10.50 385.81 CK High 2.10 10.98 403.261.75 10.70 393.16 CK Average 2.02 -0.6510.89 400.261.62 -1.0810.57 388.32 Essex Cty 2.00 10.88 399.591.52 10.47 384.71 Mdsx Low 1.95 10.83 397.751.55 10.50 385.81 Mdsx High 1.99 10.87 399.221.56 10.51 386.18 Mdsx Average 1.97 -0.7010.85 398.491.56 -1.1410.51 385.99 Hensall 1.98 10.85 398.671.58 10.53 386.73 Bruce 1.95 10.83 397.751.55 10.50 385.81 Putnam 2.00 10.88 399.591.65 10.60 389.48 Burford 2.02 10.90 400.321.59 10.54 387.28 Port Perry 1.99 10.87 399.221.56 10.51 386.18 Norfolk 2.05 10.93 401.431.52 10.47 384.71 Palmerston 2.05 10.93 401.431.60 10.55 387.65 Varna 2.05 10.93 401.431.65 10.60 389.48 Trenton 2.00 10.88 399.591.55 10.50 385.81 Winchester 2.12 11.00 404.001.87 10.82 397.57 North Gower 2.15 11.03 405.102.02 10.97 403.08 Huron FOB 2.10 10.98 403.261.70 10.65 391.32 Kent FOB 2.00 10.88 399.591.52 10.47 384.71 Lambton FOB 2.00 10.88 399.591.52 10.47 384.71 Middlesex FOB2.19 2.36 N/A N/A 11.07 406.571.74 10.69 392.79 PROCESSORS Hamilton 2.50 2.55 2.56 2.56 11.38 417.962.06 11.01 404.55 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. -0.36 8.51 312.71-0.49 8.46 310.69 Bank of Canada Noon exchange rate was 1.2943 down 0.0003 Chicago wheat closed slightly lower. DEC15 HI 5.10 1/2 JUL16 HI 5.26 LOW 5.03 1/4 LOW 5.20 CLOSE 5.06 3/4 Down 2 1/2 CLOSE 5.23 1/4 Down 2 3/4 Minni wheat closed slightly lower. DEC15 HI 5.33 SEP16 HI 5.73 3/4 LOW 5.25 LOW 5.68 1/4 CLOSE 5.28 1/4 Down 1 1/4 CLOSE 5.69 Down 3/4 GFO Cash Wheat Prices - DEL Terminal Current Crop 15 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 3.61 1.40 1.14 0.68 CAD $/bu 8.67 6.46 6.20 5.96 CAD $/tonne 318.75 237.48 227.92 219.07 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 0.75 N/A N/A 1.10 0.55 N/A London 3.39 1.04 0.86 N/A 1.61 1.03 0.51 N/A Hensall 3.60 N/A 1.00 N/A 1.75 N/A 0.55 N/A Trenton N/A N/A N/A N/A N/A N/A 0.45 N/A Winchester N/A N/A N/A N/A N/A N/A N/A N/A Essex N/A N/A 0.30 N/A N/A N/A 0.50 N/A Norwich 3.60 N/A 1.00 N/A 1.85 N/A 0.55 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 0.55 N/A Chatham N/A 1.05 0.30 N/A N/A 1.10 0.50 N/A Brigden N/A N/A 0.30 N/A N/A N/A 0.50 N/A Palmerston N/A 1.05 0.95 0.50 N/A 1.15 0.50 0.30 Varna 3.50 1.05 1.00 N/A 1.70 1.10 0.50 N/A Mitchell 3.60 1.10 1.00 N/A 1.75 1.15 0.55 N/A Thornton N/A N/A N/A 0.53 N/A N/A N/A N/A North Gower N/A 1.41 1.15 0.64 N/A 1.72 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 4.32N/A 1.92N/A 3.20N/A 1.90N/A Toledo El. 5.24US 6.81CA 5.05US 6.57CA GFO Contract Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.58 1.71 0.79 1.19 CAD $/bu 6.81 6.94 6.03 6.88 CAD $/tonne 250.15 254.93 221.46 252.89 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS Bayport Wheat 260.00 - 265.00 Bayport Oats 265.00 Bayport Barley 250.00 FOB Hm Soymeal 495.50 - 508.73 DDG's FOB Srn & Aylm 210.00