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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, September 12</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.3077 up 0.0044</div>
<div>Chicago corn closed slightly lower.</div>
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</div>
<div> DEC16 HI 3.43 1/4 DEC16 HI 3.43 1/4</div>
<div> LOW 3.35 1/2 LOW 3.35 1/2</div>
<div> CLOSE3.39 1/2 Down 1 1/2 CLOSE 3.39 1/2 Down 1 1/2</div>
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</div>
<div> OLD CROP BASIS NEW CROP BASIS</div>
<div>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt</div>
<div>ELEVATORS +DEC16+DEC16+MAR17</div>
<div>CK Low 1.05 4.45 174.99 0.90 4.30 169.09</div>
<div>CK High 1.10 4.50 176.96 0.95 4.35 171.06</div>
<div>CK Avg 1.08 0.03 4.47 175.98 0.91 -0.09 4.30 169.41</div>
<div>Essex Cty 1.10 4.50 176.96 0.90 4.30 169.09</div>
<div>Mdsx Low 1.05 4.45 174.99 0.90 4.30 169.09</div>
<div>Mdsx High 1.05 4.45 174.99 0.90 4.30 169.09</div>
<div>Mdsx Avg 1.05 0.01 4.45 174.99 0.90 -0.10 4.30 169.09</div>
<div>Hensall 1.05 4.45 174.99 0.90 4.30 169.09</div>
<div>Bruce 1.05 4.45 174.99 0.90 4.30 169.09</div>
<div>Putnam 1.05 4.45 174.99 0.90 4.30 169.09</div>
<div>Burford 1.05 4.45 174.99 0.90 4.30 169.09</div>
<div>Port Perry 1.05 4.45 174.99 0.90 4.30 169.09</div>
<div>Norfolk 1.10 4.50 176.96 0.95 4.35 171.06</div>
<div>Palmerston 1.10 4.50 176.96 0.90 4.30 169.09</div>
<div>Varna 1.05 4.45 174.99 0.90 4.30 169.09</div>
<div>Trenton 1.20 4.60 180.90 1.00 4.40 173.02</div>
<div>Winchester N/A 1.20 4.60 180.90</div>
<div>North Gower 1.17 4.57 179.72 1.11 4.51 177.35</div>
<div>Huron FOB 1.15 4.55 178.93 0.90 4.30 169.09</div>
<div>Kent FOB 1.10 4.50 176.96 0.90 4.30 169.09</div>
<div>Lamb FOB 1.20 4.60 180.90 0.85 4.25 167.12</div>
<div>Mdsx FOB 1.10N/A N/A N/A 4.50 176.96 0.95 4.35 171.06</div>
<div>FOB SW Que 1.65 5.05 198.61N/A</div>
<div>Track 1.51 4.91 193.10N/A</div>
<div>PROCESSORS</div>
<div>Chat-Eth N/A N/A N/A N/A N/A</div>
<div>Jhnstwn-Eth N/A 1.25 1.25 1.25 1.25 4.65 182.87</div>
<div>Aylmer-Eth N/A 1.20 1.05 1.15 1.05 4.45 174.99</div>
<div>Sarn-Eth 1.30 1.15N/A 1.15 4.70 184.83 1.15 4.55 178.93</div>
<div>Kawartha N/A N/A N/A N/A N/A</div>
<div>London-Ing N/A N/A N/A 1.17 N/A</div>
<div>Pt.Colb-Ing N/A 1.45 1.05 1.22 1.05 4.45 174.99</div>
<div>Cardnl-Ing N/A 1.35 1.15 1.36 1.15 4.55 178.93</div>
<div>W O Feed 1.52 4.91 193.42</div>
<div><br>
</div>
<div>US Rep 1.63 5.03 197.83</div>
<div>Toledo El. -0.08 3.32 130.57 -0.26 3.13 123.40</div>
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</div>
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</div>
<div>MID SD CRN 0.92 1/2 4.32</div>
<div>HI SD CRN 0.95 4.34 1/2</div>
<div>*Wet Bid</div>
<div><br>
</div>
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</div>
<div>Bank of Canada Noon exchange rate was 1.3077 up 0.0044</div>
<div>Chicago soybeans closed slightly to moderately lower.</div>
<div><br>
</div>
<div> NOV16 HI 9.90 NOV17 HI 9.55</div>
<div> LOW 9.58 3/4 LOW 9.34 3/4</div>
<div> CLOSE9.64 1/4 Down 16 CLOSE 9.42 1/4 Down 5 1/2</div>
<div><br>
</div>
<div> OLD CROP NEW CROP</div>
<div>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt</div>
<div>ELEVATORS +NOV1+NOV1+JAN17</div>
<div>CK Low 2.60 12.24 449.832.05 11.47 421.54</div>
<div>CK High 2.65 12.29 451.672.15 11.57 425.22</div>
<div>CK Average 2.63 -0.2412.27 450.882.09 -0.5811.51 422.83</div>
<div>Essex Cty 2.65 12.29 451.672.10 11.52 423.38</div>
<div>Mdsx Low 2.60 12.24 449.832.04 11.46 421.17</div>
<div>Mdsx High 2.60 12.24 449.832.05 11.47 421.54</div>
<div>Mdsx Average 2.60 -0.2612.24 449.832.05 -0.6211.47 421.36</div>
<div>Hensall 2.63 12.27 450.752.05 11.47 421.54</div>
<div>Bruce 2.60 12.24 449.832.05 11.47 421.54</div>
<div>Putnam 2.35 11.99 440.651.80 11.22 412.36</div>
<div>Burford 2.63 12.27 450.942.07 11.49 422.28</div>
<div>Port Perry 2.60 12.24 449.832.04 11.46 421.17</div>
<div>Norfolk 2.65 12.29 451.672.05 11.47 421.54</div>
<div>Palmerston 2.40 12.04 442.491.90 11.32 416.03</div>
<div>Varna 2.65 12.29 451.672.05 11.47 421.54</div>
<div>Trenton 2.60 12.24 449.831.95 11.37 417.87</div>
<div>Winchester 2.54 12.18 447.632.15 11.57 425.22</div>
<div>North Gower 2.54 12.18 447.632.09 11.51 423.01</div>
<div>Huron FOB 2.75 12.39 455.352.15 11.57 425.22</div>
<div>Kent FOB 2.70 12.34 453.512.05 11.47 421.54</div>
<div>Lambton FOB 2.65 12.29 451.672.25 11.67 428.89</div>
<div>Middlesex FOB2.85 2.72 2.83 N/A 12.49 459.022.15 11.57 425.22</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 3.03 3.03 3.16 3.17 12.67 465.63 N/A</div>
<div>Windsor N/A N/A N/A N/A N/A</div>
<div>Winchester N/A N/A</div>
<div><br>
</div>
<div>TRANSFER</div>
<div>Prescott 3.02 12.66 465.272.36 11.78 432.93</div>
<div><br>
</div>
<div>Toledo El. 0.00 9.64 354.30-0.42 9.01 330.91</div>
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</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3077 up 0.0044</div>
<div>Chicago wheat closed slightly higher.</div>
<div>DEC16 HI 4.10 JUL17 HI 4.57</div>
<div> LOW 4.00 LOW 4.47 3/4</div>
<div> CLOSE 4.09 1/4 Up 5 3/4 CLOSE 4.55 Up 4</div>
<div><br>
</div>
<div>Minni wheat closed slightly higher.</div>
<div>DEC16 HI 4.99 1/2 SEP17 HI 5.38 3/4</div>
<div> LOW 4.90 1/2 LOW 5.31</div>
<div> CLOSE 4.99 Up 5 CLOSE 5.38 3/4 Up 5 1/4</div>
<div><br>
</div>
<div>GFO Cash Wheat Prices - DEL Terminal</div>
<div>Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</div>
<div>Basis 0.53 0.46 0.59 0.21</div>
<div>CAD $/bu 4.62 4.56 4.69 5.20</div>
<div>CAD $/tonne 169.78 167.39 172.18 191.23</div>
<div><br>
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<div>Direct MarkHarvest 2016 Harvest 2017</div>
<div> DELIVERED BASIS DELIVERED BASIS</div>
<div>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)</div>
<div>ELEVATORS</div>
<div>Brgssvll N/A N/A 0.15 N/A N/A 0.40 0.45 N/A</div>
<div>London 0.19 0.19 0.19 N/A 0.54 0.40 0.47 N/A</div>
<div>Hensall 0.10 N/A 0.10 N/A 0.50 N/A 0.40 N/A</div>
<div>Trenton N/A N/A 0.20 N/A N/A N/A 0.45 N/A</div>
<div>Winchester N/A N/A N/A N/A N/A N/A N/A N/A</div>
<div>Essex N/A N/A 0.15 N/A N/A N/A 0.39 N/A</div>
<div>Norwich 0.10 N/A 0.10 N/A 0.50 N/A 0.40 N/A</div>
<div>Port Hope N/A 0.15 0.15 N/A N/A 0.35 0.40 N/A</div>
<div>Kent Bridge 0.10 N/A 0.10 N/A 0.50 N/A 0.40 N/A</div>
<div>Chatham N/A 0.10 0.15 N/A N/A N/A 0.40 N/A</div>
<div>Brigden N/A N/A 0.15 N/A N/A N/A 0.40 N/A</div>
<div>Palmerston N/A 0.13 0.15 0.30 N/A 0.40 0.35 0.45</div>
<div>Varna 0.20 0.15 0.15 N/A 0.50 0.40 0.40 N/A</div>
<div>Mitchell 0.10 0.10 0.10 N/A 0.50 0.35 0.40 N/A</div>
<div>Thornton N/A N/A N/A 0.28 N/A N/A N/A N/A</div>
<div>North Gower N/A 0.34 0.47 0.09 N/A N/A N/A N/A</div>
<div><br>
</div>
<div>TERMINAL</div>
<div>Prescott N/A 0.52 0.60 0.33 N/A 0.60 0.60 0.45</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Toledo FM N/A N/A 1.25 N/A N/A N/A 1.37 N/A</div>
<div><br>
</div>
<div>Toledo El. 3.77US 4.92CA 4.35US 5.66CA</div>
<div><br>
</div>
<div>GFO Contract Wheat Prices - DEL Terminal</div>
<div>Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</div>
<div>Basis 0.72 0.66 0.40</div>
<div>CAD $/bu 5.27 5.21 4.95</div>
<div>CAD $/tonne 193.77 191.37 181.80</div>
<div><br>
</div>
<div>(C)-Basis over the Chicago Board of Trade futures</div>
<div>(M)-Basis over the Minneapolis Grain Exchange</div>
<div><br>
</div>
<div>FEED GRAINS</div>
<div>FOB Hm Soymeal 477.20</div>
<div>DDG's FOB Srn & Aylm 180.00 - 185.00</div>
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<div><span id="ms-rterangepaste-start"></span>
<p class="MsoNormal"><span style="font-size:10.0pt;line-height:115%;font-family:
"Courier New";color:#333333;background:#FDFDFD">Blair Andrews</span><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333"><br>
<span style="background:#FDFDFD">Editor, AgriLink and Farm Market News<span class="apple-converted-space"> </span></span><br>
<span style="background:#FDFDFD">University of Guelph, Ridgetown Campus<span class="apple-converted-space"> </span></span><br>
<span style="background:#FDFDFD">Tel.<span class="apple-converted-space"> </span></span></span><a href="callto:519-674-1500"><span style="font-size:10.0pt;line-height:115%;
font-family:"Courier New";color:#336699;text-decoration:none;text-underline:
none">519-674-1500</span></a><span class="apple-converted-space"><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> </span></span><span style="font-size:10.0pt;
line-height:115%;font-family:"Courier New";color:#333333;background:#FDFDFD">x
63577<span class="apple-converted-space"> </span></span><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333"><br>
<span style="background:#FDFDFD">Fax.<span class="apple-converted-space"> </span></span></span><a href="callto:519-674-1530"><span style="font-size:10.0pt;line-height:115%;
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none">519-674-1530</span></a><span class="apple-converted-space"><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> </span></span><span style="font-size:10.0pt;
line-height:115%;font-family:"Courier New";color:#333333"><br>
<br>
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