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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, September 15</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.3146 down 0.0043</div>
<div>Chicago corn closed slightly lower.</div>
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</div>
<div> DEC16 HI 3.34 3/4 DEC16 HI 3.34 3/4</div>
<div> LOW 3.27 1/2 LOW 3.27 1/2</div>
<div> CLOSE3.30 Down 1 3/4 CLOSE 3.30 Down 1 3/4</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 1.10 4.40 173.22 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 1.10 0.04 4.40 173.22 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 1.10 4.40 173.22 0.90 4.20 165.35</div>
<div>Mdsx High 1.10 4.40 173.22 0.90 4.20 165.35</div>
<div>Mdsx Avg 1.10 0.04 4.40 173.22 0.90 -0.10 4.20 165.35</div>
<div>Hensall 1.08 4.38 172.24 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 1.10 4.40 173.22 0.90 4.20 165.35</div>
<div>Port Perry 1.10 4.40 173.22 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 0.95 4.25 167.32</div>
<div>Trenton 1.20 4.50 177.16 0.95 4.25 167.32</div>
<div>Winchester N/A 1.20 4.50 177.16</div>
<div>North Gower 1.19 4.49 176.76 1.15 4.45 175.19</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 1.43 4.73 186.02N/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 1.30N/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 1.20 N/A</div>
<div>Pt.Colb-Ing N/A 1.36 1.14 1.32 1.14 4.44 174.80</div>
<div>Cardnl-Ing N/A 1.38 1.24 1.33 1.24 4.54 178.73</div>
<div>W O Feed 1.52 4.82 189.68</div>
<div><br>
</div>
<div>US Rep 1.56 4.86 191.33</div>
<div>Toledo El. -0.26 3.04 119.56 -0.26 3.04 119.59</div>
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</div>
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</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>
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</div>
<div>Bank of Canada Noon exchange rate was 1.3146 down 0.0043</div>
<div>Chicago soybeans closed slightly higher.</div>
<div><br>
</div>
<div> NOV16 HI 9.53 NOV17 HI 9.41 1/2</div>
<div> LOW 9.41 1/4 LOW 9.29 1/2</div>
<div> CLOSE9.50 1/2 Up 7 3/4 CLOSE 9.39 Up 8 1/4</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 12.11 444.782.05 11.44 420.35</div>
<div>CK High 2.65 12.16 446.622.15 11.54 424.02</div>
<div>CK Average 2.63 -0.2812.13 445.762.10 -0.6311.49 422.19</div>
<div>Essex Cty 2.65 12.16 446.622.10 11.49 422.19</div>
<div>Mdsx Low 2.59 12.10 444.422.05 11.44 420.35</div>
<div>Mdsx High 2.60 12.11 444.782.08 11.47 421.45</div>
<div>Mdsx Average 2.60 -0.3112.10 444.602.07 -0.6611.46 420.90</div>
<div>Hensall 2.63 12.13 445.702.05 11.44 420.35</div>
<div>Bruce 2.60 12.11 444.782.05 11.44 420.35</div>
<div>Putnam 2.60 12.11 444.782.05 11.44 420.35</div>
<div>Burford 2.62 12.13 445.522.11 11.50 422.55</div>
<div>Port Perry 2.59 12.10 444.422.08 11.47 421.45</div>
<div>Norfolk 2.65 12.16 446.622.10 11.49 422.19</div>
<div>Palmerston 2.65 12.16 446.622.10 11.49 422.19</div>
<div>Varna 2.65 12.16 446.622.10 11.49 422.19</div>
<div>Trenton 2.70 12.21 448.462.05 11.44 420.35</div>
<div>Winchester 2.62 12.13 445.522.09 11.48 421.82</div>
<div>North Gower 2.55 12.06 442.952.15 11.54 424.02</div>
<div>Huron FOB 2.75 12.26 450.292.20 11.59 425.86</div>
<div>Kent FOB 2.70 12.21 448.462.10 11.49 422.19</div>
<div>Lambton FOB 2.80 12.31 452.132.35 11.74 431.37</div>
<div>Middlesex FOB2.81 2.70 2.85 N/A 12.32 452.502.28 11.67 428.80</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 3.11 3.11 3.17 N/A 12.62 463.52 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 12.74 467.932.57 11.96 439.45</div>
<div><br>
</div>
<div>Toledo El. -0.42 9.08 333.78-0.33 9.06 332.97</div>
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</div>
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</div>
<div>Bank of Canada Noon exchange rate was 1.3146 down 0.0043</div>
<div>Chicago wheat closed slightly lower.</div>
<div>DEC16 HI 4.06 3/4 JUL17 HI 4.53 1/4</div>
<div> LOW 3.98 LOW 4.45 1/4</div>
<div> CLOSE 3.99 1/2 Down 3 1/2 CLOSE 4.48 1/4 Down 1 1/2</div>
<div><br>
</div>
<div>Minni wheat closed slightly lower.</div>
<div>DEC16 HI 4.97 1/2 SEP17 HI 5.35 1/4</div>
<div> LOW 4.90 1/4 LOW 5.29</div>
<div> CLOSE 4.91 1/4 Down 1 3/4 CLOSE 5.29 3/4 Down 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 0.54 0.47 0.60 0.23</div>
<div>CAD $/bu 4.53 4.47 4.60 5.15</div>
<div>CAD $/tonne 166.52 164.11 168.94 189.12</div>
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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 0.45 0.45 N/A</div>
<div>London 0.23 0.23 0.23 N/A 0.58 0.44 0.51 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 0.40 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 0.41 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 0.10 0.10 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 0.55 0.45 0.45 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 0.30 N/A N/A N/A N/A</div>
<div>North Gower N/A 0.40 0.53 0.16 N/A N/A N/A N/A</div>
<div><br>
</div>
<div>TERMINAL</div>
<div>Prescott N/A 0.60 0.60 0.42 N/A N/A 0.60 0.56</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Toledo FM N/A N/A 1.26 N/A N/A N/A 1.40 N/A</div>
<div><br>
</div>
<div>Toledo El. 3.73US 4.90CA 4.28US 5.62CA</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 5.22 5.16 4.90</div>
<div>CAD $/tonne 191.96 189.55 179.91</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 479.73</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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background:#FDFDFD"> </span></span><span style="font-size:10.0pt;
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<br>
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