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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, September 26</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.3197 up 0.0032</div>
<div>Chicago corn closed moderately lower.</div>
<div><br>
</div>
<div> DEC16 HI 3.36 1/2 DEC16 HI 3.36 1/2</div>
<div> LOW 3.28 1/2 LOW 3.28 1/2</div>
<div> CLOSE3.29 Down 7 1/2 CLOSE 3.29 Down 7 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 0.95 4.24 166.92 0.85 4.14 162.98</div>
<div>CK High 1.10 4.39 172.83 0.95 4.24 166.92</div>
<div>CK Avg 0.98 -0.06 4.27 168.23 0.90 -0.12 4.19 164.95</div>
<div>Essex Cty 1.10 4.39 172.83 0.85 4.14 162.98</div>
<div>Mdsx Low 0.95 4.24 166.92 0.90 4.19 164.95</div>
<div>Mdsx High 0.95 4.24 166.92 0.90 4.19 164.95</div>
<div>Mdsx Avg 0.95 -0.08 4.24 166.92 0.90 -0.12 4.19 164.95</div>
<div>Hensall 0.98 4.27 167.91 0.93 4.22 165.94</div>
<div>Bruce 1.00 4.29 168.89 0.95 4.24 166.92</div>
<div>Putnam 0.95 4.24 166.92 0.90 4.19 164.95</div>
<div>Burford 0.95 4.24 166.92 0.90 4.19 164.95</div>
<div>Port Perry 0.95 4.24 166.92 0.90 4.19 164.95</div>
<div>Norfolk 0.95 4.24 166.92 0.90 4.19 164.95</div>
<div>Palmerston 1.10 4.39 172.83 0.85 4.14 162.98</div>
<div>Varna 1.00 4.29 168.89 0.95 4.24 166.92</div>
<div>Trenton 1.20 4.49 176.76 1.00 4.29 168.89</div>
<div>Winchester N/A 1.30 4.59 180.70</div>
<div>North Gower N/A 1.17 4.46 175.58</div>
<div>Huron FOB 1.00 4.29 168.89 0.95 4.24 166.92</div>
<div>Kent FOB 0.95 4.24 166.92 0.90 4.19 164.95</div>
<div>Lamb FOB 1.00 4.29 168.89 0.90 4.19 164.95</div>
<div>Mdsx FOB 0.95N/A N/A N/A 4.24 166.92 0.95 4.24 166.92</div>
<div>FOB SW Que 1.48 4.77 187.79N/A</div>
<div>Track 1.33 4.62 181.68N/A</div>
<div>PROCESSORS</div>
<div>Chat-Eth N/A N/A N/A N/A N/A</div>
<div>Jhnstwn-Eth N/A N/A N/A N/A N/A</div>
<div>Aylmer-Eth N/A N/A N/A N/A N/A</div>
<div>Sarn-Eth N/A 1.15 1.15 1.20 1.15 4.44 174.80</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 4.43 174.40</div>
<div>Cardnl-Ing N/A N/A 1.24 1.33 1.24 4.53 178.34</div>
<div>W O Feed 1.38 4.67 183.69</div>
<div><br>
</div>
<div>US Rep 1.51 4.80 188.97</div>
<div>Toledo El. -0.26 3.03 119.11 -0.26 3.03 119.13</div>
<div><br>
</div>
<div><br>
</div>
<div>MID SD CRN 0.90 1 4.191</div>
<div>HI SD CRN 0.95 4.24</div>
<div>*Wet Bid</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3197 up 0.0032</div>
<div>Chicago soybeans closed slightly lower.</div>
<div><br>
</div>
<div> NOV16 HI 9.60 1/4 NOV17 HI 9.56 1/4</div>
<div> LOW 9.43 3/4 LOW 9.43 1/4</div>
<div> CLOSE9.45 1/4 Down 9 3/4 CLOSE 9.45 1/4 Down 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 2.55 12.00 441.022.10 11.55 424.48</div>
<div>CK High 2.70 12.15 446.532.25 11.70 429.99</div>
<div>CK Average 2.61 -0.3312.06 443.222.17 -0.6511.62 426.87</div>
<div>Essex Cty 2.55 12.00 441.022.10 11.55 424.48</div>
<div>Mdsx Low 2.59 12.04 442.492.12 11.57 425.22</div>
<div>Mdsx High 2.65 12.10 444.692.15 11.60 426.32</div>
<div>Mdsx Average 2.62 -0.3212.07 443.592.14 -0.6711.59 425.77</div>
<div>Hensall 2.60 12.05 442.852.10 11.55 424.48</div>
<div>Bruce 2.65 12.10 444.692.15 11.60 426.32</div>
<div>Putnam 2.55 12.00 441.02 N/A</div>
<div>Burford 2.65 12.10 444.692.18 11.63 427.42</div>
<div>Port Perry 2.59 12.04 442.492.12 11.57 425.22</div>
<div>Norfolk 2.65 12.10 444.692.15 11.60 426.32</div>
<div>Palmerston 2.55 12.00 441.022.10 11.55 424.48</div>
<div>Varna 2.55 12.00 441.022.05 11.50 422.64</div>
<div>Trenton 2.70 12.15 446.532.15 11.60 426.32</div>
<div>Winchester 2.62 12.07 443.592.22 11.67 428.89</div>
<div>North Gower 2.55 12.00 441.022.15 11.60 426.32</div>
<div>Huron FOB 2.65 12.10 444.692.15 11.60 426.32</div>
<div>Kent FOB 2.70 12.15 446.532.15 11.60 426.32</div>
<div>Lambton FOB 2.80 12.25 450.202.40 11.85 435.50</div>
<div>Middlesex FOB2.69 2.69 2.76 N/A 12.14 446.162.29 11.74 431.46</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 3.10 3.16 3.18 N/A 12.55 461.23 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 3.07 12.52 460.122.46 11.91 437.71</div>
<div><br>
</div>
<div>Toledo El. -0.42 9.03 331.77-0.33 9.12 335.19</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3197 up 0.0032</div>
<div>Chicago wheat closed moderately lower.</div>
<div>DEC16 HI 4.07 JUL17 HI 4.51 3/4</div>
<div> LOW 3.95 1/4 LOW 4.42 1/4</div>
<div> CLOSE 3.96 Down 8 3/4 CLOSE 4.43 1/2 Down 6 1/2</div>
<div><br>
</div>
<div>Minni wheat closed moderately lower.</div>
<div>DEC16 HI 5.05 SEP17 HI 5.30</div>
<div> LOW 4.93 1/4 LOW 5.27</div>
<div> CLOSE 4.94 1/2 Down 9 1/4 CLOSE 5.27 Down 8 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 0.62 0.27</div>
<div>CAD $/bu 4.51 4.44 4.58 5.22</div>
<div>CAD $/tonne 165.70 163.27 168.13 191.70</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 0.45 N/A</div>
<div>London 0.15 0.18 0.15 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 0.39 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 0.17 0.17 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 0.40</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 0.23 N/A N/A N/A N/A</div>
<div>North Gower N/A 0.39 0.52 0.18 N/A N/A N/A N/A</div>
<div><br>
</div>
<div>TERMINAL</div>
<div>Prescott N/A 0.60 0.60 0.38 N/A 0.60 0.60 0.45</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Toledo FM N/A N/A 1.28 N/A N/A N/A 1.42 N/A</div>
<div><br>
</div>
<div>Toledo El. 3.72US 4.92CA 4.24US 5.59CA</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 0.76 0.69 0.69 0.50</div>
<div>CAD $/bu 5.19 5.13 5.13 5.77</div>
<div>CAD $/tonne 190.87 188.45 188.45 211.97</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 468.05</div>
<div>DDG's FOB Srn & Aylm 185.00 - 190.00</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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