<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1">
<style type="text/css" style="display:none;"><!-- P {margin-top:0;margin-bottom:0;} --></style>
</head>
<body dir="ltr">
<div id="divtagdefaultwrapper" style="font-size:10pt;color:#000000;background-color:#FFFFFF;font-family:'Courier New',monospace;">
<p></p>
<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, September 19</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.3181 down 0.0032</div>
<div>Chicago corn closed slightly higher.</div>
<div><br>
</div>
<div> DEC16 HI 3.40 DEC16 HI 3.40</div>
<div> LOW 3.32 1/4 LOW 3.32 1/4</div>
<div> CLOSE3.37 1/4 Up 1/4 CLOSE 3.37 1/4 Up 1/4</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 4.42 174.11 0.90 4.27 168.20</div>
<div>CK High 1.10 4.47 176.07 0.95 4.32 170.17</div>
<div>CK Avg 1.07 -0.01 4.44 174.76 0.92 -0.11 4.29 168.86</div>
<div>Essex Cty 1.10 4.47 176.07 0.90 4.27 168.20</div>
<div>Mdsx Low 1.05 4.42 174.11 0.90 4.27 168.20</div>
<div>Mdsx High 1.05 4.42 174.11 0.90 4.27 168.20</div>
<div>Mdsx Avg 1.05 -0.02 4.42 174.11 0.90 -0.12 4.27 168.20</div>
<div>Hensall 1.05 4.42 174.11 0.93 4.30 169.19</div>
<div>Bruce 1.05 4.42 174.11 0.90 4.27 168.20</div>
<div>Putnam 1.10 4.47 176.07 0.90 4.27 168.20</div>
<div>Burford 1.05 4.42 174.11 0.90 4.27 168.20</div>
<div>Port Perry 1.05 4.42 174.11 0.90 4.27 168.20</div>
<div>Norfolk 1.05 4.42 174.11 0.95 4.32 170.17</div>
<div>Palmerston 1.10 4.47 176.07 0.90 4.27 168.20</div>
<div>Varna 1.05 4.42 174.11 0.95 4.32 170.17</div>
<div>Trenton 1.20 4.57 180.01 0.95 4.32 170.17</div>
<div>Winchester N/A 1.20 4.57 180.01</div>
<div>North Gower 1.17 4.54 178.83 1.13 4.50 177.26</div>
<div>Huron FOB 1.05 4.42 174.11 0.95 4.32 170.17</div>
<div>Kent FOB 1.05 4.42 174.11 0.95 4.32 170.17</div>
<div>Lamb FOB 1.20 4.57 180.01 0.85 4.22 166.23</div>
<div>Mdsx FOB 1.10N/A N/A N/A 4.47 176.07 0.95 4.32 170.17</div>
<div>FOB SW Que 1.49 4.86 191.43N/A</div>
<div>Track 1.38 4.75 186.90N/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 4.62 181.98</div>
<div>Aylmer-Eth N/A N/A N/A 1.15 N/A</div>
<div>Sarn-Eth N/A 1.15N/A 1.15 1.15 4.52 178.04</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 1.24 1.14 1.32 1.14 4.51 177.65</div>
<div>Cardnl-Ing N/A 1.38 1.24 1.33 1.24 4.61 181.59</div>
<div>W O Feed 1.48 4.85 190.96</div>
<div><br>
</div>
<div>US Rep 1.54 4.91 193.40</div>
<div>Toledo El. -0.26 3.11 122.38 -0.26 3.11 122.43</div>
<div><br>
</div>
<div><br>
</div>
<div>MID SD CRN 0.92 1/2 4.29 3/4</div>
<div>HI SD CRN 0.95 4.32 1/4</div>
<div>*Wet Bid</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3181 down 0.0032</div>
<div>Chicago soybeans closed slightly higher.</div>
<div><br>
</div>
<div> NOV16 HI 9.81 1/4 NOV17 HI 9.65</div>
<div> LOW 9.66 1/4 LOW 9.53 1/4</div>
<div> CLOSE9.72 1/2 Up 6 1/2 CLOSE 9.59 3/4 Up 7</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 2.65 12.38 454.702.10 11.70 429.81</div>
<div>CK High 2.70 12.43 456.542.20 11.80 433.48</div>
<div>CK Average 2.66 -0.3312.39 455.132.16 -0.6411.76 432.01</div>
<div>Essex Cty 2.65 12.38 454.702.10 11.70 429.81</div>
<div>Mdsx Low 2.65 12.38 454.702.15 11.75 431.65</div>
<div>Mdsx High 2.65 12.38 454.702.17 11.77 432.38</div>
<div>Mdsx Average 2.65 -0.3412.38 454.702.16 -0.6411.76 432.01</div>
<div>Hensall 2.65 12.38 454.702.15 11.75 431.65</div>
<div>Bruce 2.65 12.38 454.702.15 11.75 431.65</div>
<div>Putnam 2.60 12.33 452.872.05 11.65 427.97</div>
<div>Burford 2.68 12.41 455.812.17 11.77 432.38</div>
<div>Port Perry 2.65 12.38 454.702.14 11.74 431.28</div>
<div>Norfolk 2.70 12.43 456.542.15 11.75 431.65</div>
<div>Palmerston 2.65 12.38 454.702.10 11.70 429.81</div>
<div>Varna 2.65 12.38 454.702.15 11.75 431.65</div>
<div>Trenton 2.70 12.43 456.542.05 11.65 427.97</div>
<div>Winchester 2.71 12.44 456.912.24 11.84 434.95</div>
<div>North Gower 2.62 12.35 453.602.20 11.80 433.48</div>
<div>Huron FOB 2.75 12.48 458.382.25 11.85 435.32</div>
<div>Kent FOB 2.75 12.48 458.38 N/A</div>
<div>Lambton FOB 2.80 12.53 460.212.35 11.95 439.00</div>
<div>Middlesex FOB2.84 2.84 2.89 2.95 12.57 461.682.31 11.91 437.53</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 3.15 3.15 3.21 3.22 12.88 473.08 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 12.96 476.012.57 12.17 447.08</div>
<div><br>
</div>
<div>Toledo El. -0.42 9.30 341.82-0.33 9.27 340.58</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3181 down 0.0032</div>
<div>Chicago wheat closed narrowly mixed.</div>
<div>DEC16 HI 4.09 JUL17 HI 4.53 1/4</div>
<div> LOW 3.99 3/4 LOW 4.44</div>
<div> CLOSE 4.04 Up 3/4 CLOSE 4.48 Down 1 1/2</div>
<div><br>
</div>
<div>Minni wheat closed slightly lower.</div>
<div>DEC16 HI 4.97 1/4 SEP17 HI 5.33 3/4</div>
<div> LOW 4.90 LOW 5.27</div>
<div> CLOSE 4.92 1/2 Down 1/4 CLOSE 5.30 1/4 Down 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 0.56 0.50 0.63 0.25</div>
<div>CAD $/bu 4.60 4.54 4.67 5.18</div>
<div>CAD $/tonne 169.15 166.73 171.58 190.24</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 0.20 N/A N/A 0.45 0.45 N/A</div>
<div>London 0.16 0.18 0.16 N/A 0.56 0.43 0.49 N/A</div>
<div>Hensall 0.15 N/A 0.15 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 0.15 N/A 0.15 N/A 0.55 N/A 0.45 N/A</div>
<div>Port Hope N/A 0.15 0.20 N/A N/A 0.40 0.45 N/A</div>
<div>Kent Bridge 0.15 N/A 0.15 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 0.15 0.15 0.15 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 0.40 0.54 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 1.29 N/A N/A N/A 1.40 N/A</div>
<div><br>
</div>
<div>Toledo El. 3.77US 4.97CA 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 0.75 0.68 0.42</div>
<div>CAD $/bu 5.23 5.16 4.90</div>
<div>CAD $/tonne 192.04 189.63 179.98</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 487.12</div>
<div>DDG's FOB Srn & Aylm 180.00 - 185.00</div>
<div><br>
</div>
<div>
<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%;
font-family:"Courier New";color:#336699;text-decoration:none;text-underline:
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>
<span style="background:#FDFDFD">Click on this link:<span class="apple-converted-space"> </span></span></span><span class="object"><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span></span><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"> to
unsubscribe from this report.</span><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333"><br>
<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
<span style="background:#FDFDFD">Grain Farmers of Ontario<o:p></o:p></span></span></p>
<br>
</div>
<div><br>
</div>
<div><br>
</div>
<br>
<p></p>
<p><br>
</p>
<div id="Signature">
<div id="divtagdefaultwrapper" style="font-size:12pt; color:#000000; background-color:#FFFFFF; font-family:Calibri,Arial,Helvetica,sans-serif">
<p></p>
<p><br>
</p>
</div>
</div>
</div>
</body>
</html>