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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, September 16</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.3213 up 0.0067</div>
<div>Chicago corn closed moderately higher.</div>
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</div>
<div> DEC16 HI 3.38 1/4 DEC16 HI 3.38 1/4</div>
<div> LOW 3.27 1/2 LOW 3.27 1/2</div>
<div> CLOSE3.37 Up 7 CLOSE 3.37 Up 7</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 4.42 174.01 0.90 4.27 168.10</div>
<div>CK High 1.10 4.47 175.98 0.95 4.32 170.07</div>
<div>CK Avg 1.09 0.01 4.46 175.65 0.92 -0.12 4.29 168.76</div>
<div>Essex Cty 1.10 4.47 175.98 0.90 4.27 168.10</div>
<div>Mdsx Low 1.10 4.47 175.98 0.90 4.27 168.10</div>
<div>Mdsx High 1.10 4.47 175.98 0.90 4.27 168.10</div>
<div>Mdsx Avg 1.10 0.01 4.47 175.98 0.90 -0.13 4.27 168.10</div>
<div>Hensall 1.08 4.45 174.99 0.93 4.30 169.09</div>
<div>Bruce 1.10 4.47 175.98 0.90 4.27 168.10</div>
<div>Putnam 1.10 4.47 175.98 0.90 4.27 168.10</div>
<div>Burford 1.10 4.47 175.98 0.90 4.27 168.10</div>
<div>Port Perry 1.10 4.47 175.98 0.90 4.27 168.10</div>
<div>Norfolk 1.05 4.42 174.01 0.95 4.32 170.07</div>
<div>Palmerston 1.10 4.47 175.98 0.90 4.27 168.10</div>
<div>Varna 1.05 4.42 174.01 0.95 4.32 170.07</div>
<div>Trenton 1.20 4.57 179.91 0.95 4.32 170.07</div>
<div>Winchester N/A 1.20 4.57 179.91</div>
<div>North Gower 1.22 4.59 180.70 1.16 4.53 178.34</div>
<div>Huron FOB 1.05 4.42 174.01 0.95 4.32 170.07</div>
<div>Kent FOB 1.10 4.47 175.98 0.95 4.32 170.07</div>
<div>Lamb FOB 1.20 4.57 179.91 0.85 4.22 166.13</div>
<div>Mdsx FOB 1.10N/A N/A N/A 4.47 175.98 0.95 4.32 170.07</div>
<div>FOB SW Que 1.65 5.02 197.63N/A</div>
<div>Track 1.38 4.75 186.80N/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 4.62 181.88</div>
<div>Aylmer-Eth N/A 1.30N/A 1.15 N/A</div>
<div>Sarn-Eth 1.30 1.15N/A 1.15 4.67 183.85 1.15 4.52 177.94</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 4.51 177.55</div>
<div>Cardnl-Ing N/A 1.38 1.24 1.33 1.24 4.61 181.49</div>
<div>W O Feed 1.53 4.90 192.98</div>
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</div>
<div>US Rep 1.56 4.93 194.09</div>
<div>Toledo El. -0.26 3.11 122.27 -0.26 3.11 122.29</div>
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</div>
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</div>
<div>MID SD CRN 0.92 1/2 4.29 1/2</div>
<div>HI SD CRN 0.95 4.32</div>
<div>*Wet Bid</div>
<div><br>
</div>
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</div>
<div>Bank of Canada Noon exchange rate was 1.3213 up 0.0067</div>
<div>Chicago soybeans closed moderately higher.</div>
<div><br>
</div>
<div> NOV16 HI 9.69 NOV17 HI 9.55</div>
<div> LOW 9.45 3/4 LOW 9.34 3/4</div>
<div> CLOSE9.66 Up 15 1/2 CLOSE 9.52 3/4 Up 13 3/4</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 12.26 450.482.10 11.63 427.24</div>
<div>CK High 2.70 12.36 454.152.20 11.73 430.91</div>
<div>CK Average 2.65 -0.3412.31 452.382.15 -0.6711.68 429.07</div>
<div>Essex Cty 2.65 12.31 452.322.10 11.63 427.24</div>
<div>Mdsx Low 2.64 12.30 451.952.13 11.66 428.34</div>
<div>Mdsx High 2.65 12.31 452.322.15 11.68 429.07</div>
<div>Mdsx Average 2.65 -0.3512.31 452.132.14 -0.6811.67 428.71</div>
<div>Hensall 2.65 12.31 452.322.15 11.68 429.07</div>
<div>Bruce 2.65 12.31 452.322.15 11.68 429.07</div>
<div>Putnam 2.60 12.26 450.482.05 11.58 425.40</div>
<div>Burford 2.67 12.33 453.052.16 11.69 429.44</div>
<div>Port Perry 2.64 12.30 451.952.13 11.66 428.34</div>
<div>Norfolk 2.65 12.31 452.322.10 11.63 427.24</div>
<div>Palmerston 2.65 12.31 452.322.10 11.63 427.24</div>
<div>Varna 2.65 12.31 452.322.15 11.68 429.07</div>
<div>Trenton 2.70 12.36 454.152.05 11.58 425.40</div>
<div>Winchester 2.67 12.33 453.052.17 11.70 429.81</div>
<div>North Gower 2.66 12.32 452.682.20 11.73 430.91</div>
<div>Huron FOB 2.75 12.41 455.992.25 11.78 432.75</div>
<div>Kent FOB 2.70 12.36 454.152.10 11.63 427.24</div>
<div>Lambton FOB 2.80 12.46 457.832.35 11.88 436.42</div>
<div>Middlesex FOB2.83 2.76 2.87 N/A 12.49 458.932.33 11.86 435.69</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 3.25 3.25 3.31 3.33 12.91 474.36 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 12.89 473.632.57 12.10 444.51</div>
<div><br>
</div>
<div>Toledo El. -0.42 9.24 339.41-0.33 9.20 337.96</div>
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</div>
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</div>
<div>Bank of Canada Noon exchange rate was 1.3213 up 0.0067</div>
<div>Chicago wheat closed slightly higher.</div>
<div>DEC16 HI 4.04 3/4 JUL17 HI 4.51 3/4</div>
<div> LOW 3.93 3/4 LOW 4.42 3/4</div>
<div> CLOSE 4.03 1/4 Up 3 3/4 CLOSE 4.49 1/2 Up 1 1/4</div>
<div><br>
</div>
<div>Minni wheat closed slightly higher.</div>
<div>DEC16 HI 4.96 3/4 SEP17 HI 5.33</div>
<div> LOW 4.90 1/2 LOW 5.30</div>
<div> CLOSE 4.92 3/4 Up 1 1/2 CLOSE 5.30 3/4 Up 1</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 0.57 0.50 0.64 0.26</div>
<div>CAD $/bu 4.60 4.54 4.67 5.19</div>
<div>CAD $/tonne 169.09 166.66 171.52 190.70</div>
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</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 0.20 N/A N/A 0.45 0.45 N/A</div>
<div>London 0.15 0.18 0.15 N/A 0.57 0.44 0.51 N/A</div>
<div>Hensall 0.20 N/A 0.20 N/A 0.55 N/A 0.45 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 0.40 N/A</div>
<div>Norwich 0.20 N/A 0.20 N/A 0.55 N/A 0.45 N/A</div>
<div>Port Hope N/A 0.20 0.20 N/A N/A 0.40 0.45 N/A</div>
<div>Kent Bridge 0.20 N/A 0.20 N/A 0.55 N/A 0.45 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 0.20 0.20 0.20 N/A 0.55 0.40 0.45 N/A</div>
<div>Thornton N/A N/A N/A 0.33 N/A N/A N/A N/A</div>
<div>North Gower N/A 0.37 0.50 0.13 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 1.30 N/A N/A N/A 1.43 N/A</div>
<div><br>
</div>
<div>Toledo El. 3.76US 4.97CA 4.30US 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 0.77 0.71 0.44</div>
<div>CAD $/bu 5.27 5.20 4.94</div>
<div>CAD $/tonne 193.58 191.16 181.47</div>
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</div>
<div>(C)-Basis over the Chicago Board of Trade futures</div>
<div>(M)-Basis over the Minneapolis Grain Exchange</div>
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<div>FEED GRAINS</div>
<div>FOB Hm Soymeal 489.10</div>
<div>DDG's FOB Srn & Aylm 180.00 - 185.00</div>
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<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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