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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, September 13</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.3167 up 0.0090</div>
<div>Chicago corn closed moderately lower.</div>
<div><br>
</div>
<div> DEC16 HI 3.41 1/2 DEC16 HI 3.41 1/2</div>
<div> LOW 3.29 1/2 LOW 3.29 1/2</div>
<div> CLOSE3.30 Down 9 1/2 CLOSE 3.30 Down 9 1/2</div>
<div><br>
</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 4.35 171.25 0.90 4.20 165.35</div>
<div>CK High 1.10 4.40 173.22 0.95 4.25 167.32</div>
<div>CK Avg 1.08 0.02 4.38 172.24 0.92 -0.09 4.22 166.00</div>
<div>Essex Cty 1.10 4.40 173.22 0.90 4.20 165.35</div>
<div>Mdsx Low 1.05 4.35 171.25 0.90 4.20 165.35</div>
<div>Mdsx High 1.05 4.35 171.25 0.90 4.20 165.35</div>
<div>Mdsx Avg 1.05 0.00 4.35 171.25 0.90 -0.10 4.20 165.35</div>
<div>Hensall 1.05 4.35 171.25 0.90 4.20 165.35</div>
<div>Bruce 1.05 4.35 171.25 0.90 4.20 165.35</div>
<div>Putnam 1.05 4.35 171.25 0.90 4.20 165.35</div>
<div>Burford 1.05 4.35 171.25 0.90 4.20 165.35</div>
<div>Port Perry 1.05 4.35 171.25 0.90 4.20 165.35</div>
<div>Norfolk 1.10 4.40 173.22 0.95 4.25 167.32</div>
<div>Palmerston 1.10 4.40 173.22 0.90 4.20 165.35</div>
<div>Varna 1.05 4.35 171.25 0.90 4.20 165.35</div>
<div>Trenton 1.20 4.50 177.16 1.00 4.30 169.28</div>
<div>Winchester N/A 1.20 4.50 177.16</div>
<div>North Gower 1.16 4.46 175.58 1.11 4.41 173.61</div>
<div>Huron FOB 1.15 4.45 175.19 0.90 4.20 165.35</div>
<div>Kent FOB 1.10 4.40 173.22 0.95 4.25 167.32</div>
<div>Lamb FOB 1.20 4.50 177.16 0.85 4.15 163.38</div>
<div>Mdsx FOB 1.10N/A N/A N/A 4.40 173.22 0.95 4.25 167.32</div>
<div>FOB SW Que 1.65 4.95 194.87N/A</div>
<div>Track 1.51 4.81 189.36N/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 4.55 179.13</div>
<div>Aylmer-Eth N/A 1.20N/A 1.15 N/A</div>
<div>Sarn-Eth 1.30 1.15N/A 1.15 4.60 181.09 1.15 4.45 175.19</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 4.35 171.25</div>
<div>Cardnl-Ing N/A 1.35 1.15 1.36 1.15 4.45 175.19</div>
<div>W O Feed 1.52 4.82 189.76</div>
<div><br>
</div>
<div>US Rep 1.58 4.88 192.12</div>
<div>Toledo El. -0.08 3.22 126.80 -0.26 3.04 119.57</div>
<div><br>
</div>
<div><br>
</div>
<div>MID SD CRN 0.92 1/2 4.22 1/2</div>
<div>HI SD CRN 0.95 4.25</div>
<div>*Wet Bid</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3167 up 0.0090</div>
<div>Chicago soybeans closed moderately lower.</div>
<div><br>
</div>
<div> NOV16 HI 9.71 NOV17 HI 9.48</div>
<div> LOW 9.42 1/2 LOW 9.30</div>
<div> CLOSE9.44 Down 20 1/4 CLOSE 9.30 3/4 Down 11 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 2.55 11.99 440.562.05 11.36 417.32</div>
<div>CK High 2.65 12.09 444.232.15 11.46 420.99</div>
<div>CK Average 2.62 -0.2912.06 442.952.09 -0.6311.39 418.66</div>
<div>Essex Cty 2.65 12.09 444.232.10 11.41 419.15</div>
<div>Mdsx Low 2.57 12.01 441.292.05 11.36 417.32</div>
<div>Mdsx High 2.60 12.04 442.392.05 11.36 417.32</div>
<div>Mdsx Average 2.59 -0.3112.03 441.842.05 -0.6611.36 417.32</div>
<div>Hensall 2.63 12.07 443.312.05 11.36 417.32</div>
<div>Bruce 2.60 12.04 442.392.05 11.36 417.32</div>
<div>Putnam 2.60 12.04 442.392.05 11.36 417.32</div>
<div>Burford 2.60 12.04 442.392.08 11.39 418.42</div>
<div>Port Perry 2.57 12.01 441.292.05 11.36 417.32</div>
<div>Norfolk 2.60 12.04 442.392.05 11.36 417.32</div>
<div>Palmerston 2.65 12.09 444.232.10 11.41 419.15</div>
<div>Varna 2.65 12.09 444.232.05 11.36 417.32</div>
<div>Trenton 2.70 12.14 446.072.00 11.31 415.48</div>
<div>Winchester 2.62 12.06 443.132.53 11.84 434.95</div>
<div>North Gower 2.39 11.83 434.682.07 11.38 418.05</div>
<div>Huron FOB 2.75 12.19 447.912.15 11.46 420.99</div>
<div>Kent FOB 2.65 12.09 444.232.05 11.36 417.32</div>
<div>Lambton FOB 2.80 12.24 449.742.35 11.66 428.34</div>
<div>Middlesex FOB2.82 2.69 2.81 N/A 12.26 450.482.15 11.46 420.99</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 3.13 3.13 3.20 N/A 12.57 461.87 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 3.23 12.67 465.542.57 11.88 436.42</div>
<div><br>
</div>
<div>Toledo El. -0.42 9.02 331.37-0.33 8.98 329.93</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3167 up 0.0090</div>
<div>Chicago wheat closed moderately lower.</div>
<div>DEC16 HI 4.11 JUL17 HI 4.55 3/4</div>
<div> LOW 3.99 LOW 4.44 1/2</div>
<div> CLOSE 4.01 Down 8 1/4 CLOSE 4.46 1/2 Down 8 1/2</div>
<div><br>
</div>
<div>Minni wheat closed slightly lower.</div>
<div>DEC16 HI 4.98 3/4 SEP17 HI 5.34 1/2</div>
<div> LOW 4.90 1/4 LOW 5.33</div>
<div> CLOSE 4.93 1/4 Down 5 3/4 CLOSE 5.33 1/4 Down 5 1/2</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 0.55 0.48 0.61 0.25</div>
<div>CAD $/bu 4.56 4.49 4.62 5.18</div>
<div>CAD $/tonne 167.48 165.06 169.90 190.35</div>
<div><br>
</div>
<div><br>
</div>
<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 0.40 N/A</div>
<div>London 0.21 0.21 0.21 N/A 0.55 0.42 0.48 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 0.15 0.20 N/A N/A N/A 0.45 N/A</div>
<div>Brigden N/A N/A 0.20 N/A N/A N/A 0.45 N/A</div>
<div>Palmerston N/A 0.21 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 0.36 0.49 0.11 N/A N/A N/A N/A</div>
<div><br>
</div>
<div>TERMINAL</div>
<div>Prescott N/A 0.60 0.60 0.44 N/A N/A 0.60 0.56</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Toledo FM N/A N/A 1.27 N/A N/A N/A 1.40 N/A</div>
<div><br>
</div>
<div>Toledo El. 3.69US 4.86CA 4.27US 5.60CA</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 0.74 0.68 0.41</div>
<div>CAD $/bu 5.21 5.14 4.88</div>
<div>CAD $/tonne 191.37 188.96 179.30</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 470.81</div>
<div>DDG's FOB Srn & Aylm 180.00 - 185.00</div>
<div><br>
</div>
<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>
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