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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, September 27</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.3248 up 0.0051</div>
<div>Chicago corn closed slightly higher.</div>
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</div>
<div> DEC16 HI 3.32 1/2 DEC16 HI 3.32 1/2</div>
<div> LOW 3.27 1/4 LOW 3.27 1/4</div>
<div> CLOSE3.31 3/4 Up 2 3/4 CLOSE 3.31 3/4 Up 2 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 0.95 4.27 168.00 0.85 4.17 164.07</div>
<div>CK High 1.10 4.42 173.91 0.95 4.27 168.00</div>
<div>CK Avg 0.98 -0.06 4.30 169.32 0.92 -0.11 4.23 166.69</div>
<div>Essex Cty 1.10 4.42 173.91 0.85 4.17 164.07</div>
<div>Mdsx Low 0.95 4.27 168.00 0.90 4.22 166.04</div>
<div>Mdsx High 0.95 4.27 168.00 0.95 4.27 168.00</div>
<div>Mdsx Avg 0.95 -0.09 4.27 168.00 0.93 -0.10 4.24 167.02</div>
<div>Hensall 0.98 4.29 168.99 0.93 4.24 167.02</div>
<div>Bruce 1.00 4.32 169.97 0.95 4.27 168.00</div>
<div>Putnam 0.95 4.27 168.00 0.90 4.22 166.04</div>
<div>Burford 0.95 4.27 168.00 0.95 4.27 168.00</div>
<div>Port Perry 0.95 4.27 168.00 0.95 4.27 168.00</div>
<div>Norfolk 0.95 4.27 168.00 0.95 4.27 168.00</div>
<div>Palmerston 1.10 4.42 173.91 0.85 4.17 164.07</div>
<div>Varna 1.00 4.32 169.97 0.95 4.27 168.00</div>
<div>Trenton N/A 1.10 4.42 173.91</div>
<div>Winchester N/A 1.30 4.62 181.78</div>
<div>North Gower N/A 1.17 4.49 176.67</div>
<div>Huron FOB 1.00 4.32 169.97 0.95 4.27 168.00</div>
<div>Kent FOB 0.95 4.27 168.00 0.95 4.27 168.00</div>
<div>Lamb FOB 0.90 4.22 166.04 0.90 4.22 166.04</div>
<div>Mdsx FOB 0.95N/A N/A N/A 4.27 168.00 0.95 4.27 168.00</div>
<div>FOB SW Que 1.48 4.80 188.87N/A</div>
<div>Track 1.33 4.64 182.77N/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 4.47 175.88</div>
<div>Kawartha N/A N/A N/A N/A N/A</div>
<div>London-Ing N/A 1.06N/A 1.20 N/A</div>
<div>Pt.Colb-Ing N/A 1.24 1.14 1.32 1.14 4.46 175.48</div>
<div>Cardnl-Ing N/A N/A 1.24 1.33 1.24 4.56 179.42</div>
<div>W O Feed 1.38 4.70 184.93</div>
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</div>
<div>US Rep 1.53 4.85 190.84</div>
<div>Toledo El. -0.26 3.05 120.20 -0.26 3.05 120.22</div>
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</div>
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</div>
<div>MID SD CRN 0.90 1 4.21 3/4</div>
<div>HI SD CRN 0.95 4.26 3/4</div>
<div>*Wet Bid</div>
<div><br>
</div>
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</div>
<div>Bank of Canada Noon exchange rate was 1.3248 up 0.0051</div>
<div>Chicago soybeans closed slightly higher.</div>
<div><br>
</div>
<div> NOV16 HI 9.53 1/2 NOV17 HI 9.54</div>
<div> LOW 9.34 LOW 9.40 1/2</div>
<div> CLOSE9.52 1/2 Up 7 1/4 CLOSE 9.52 3/4 Up 7 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 12.08 443.682.10 11.63 427.24</div>
<div>CK High 2.70 12.23 449.192.25 11.78 432.75</div>
<div>CK Average 2.62 -0.3312.14 446.192.19 -0.6411.72 430.48</div>
<div>Essex Cty 2.55 12.08 443.682.10 11.63 427.24</div>
<div>Mdsx Low 2.61 12.14 445.882.15 11.68 429.07</div>
<div>Mdsx High 2.65 12.18 447.352.21 11.74 431.28</div>
<div>Mdsx Average 2.63 -0.3212.16 446.622.18 -0.6511.71 430.18</div>
<div>Hensall 2.65 12.18 447.352.15 11.68 429.07</div>
<div>Bruce 2.65 12.18 447.352.15 11.68 429.07</div>
<div>Putnam 2.65 12.18 447.35 N/A</div>
<div>Burford 2.67 12.20 448.092.27 11.80 433.48</div>
<div>Port Perry 2.61 12.14 445.882.21 11.74 431.28</div>
<div>Norfolk 2.68 12.21 448.462.20 11.73 430.91</div>
<div>Palmerston 2.55 12.08 443.682.10 11.63 427.24</div>
<div>Varna 2.65 12.18 447.352.15 11.68 429.07</div>
<div>Trenton 2.70 12.23 449.192.15 11.68 429.07</div>
<div>Winchester 2.62 12.15 446.252.22 11.75 431.65</div>
<div>North Gower 2.54 12.07 443.312.15 11.68 429.07</div>
<div>Huron FOB 2.75 12.28 451.032.25 11.78 432.75</div>
<div>Kent FOB 2.73 12.26 450.292.20 11.73 430.91</div>
<div>Lambton FOB 2.80 12.33 452.872.45 11.98 440.10</div>
<div>Middlesex FOB2.78 2.78 2.84 N/A 12.31 452.132.38 11.91 437.53</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 3.10 3.10 3.16 N/A 12.63 463.89 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 2.93 12.46 457.642.46 11.99 440.47</div>
<div><br>
</div>
<div>Toledo El. -0.42 9.10 334.45-0.33 9.20 337.96</div>
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</div>
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</div>
<div>Bank of Canada Noon exchange rate was 1.3248 up 0.0051</div>
<div>Chicago wheat closed slightly to moderately higher.</div>
<div>DEC16 HI 4.05 JUL17 HI 4.49 1/4</div>
<div> LOW 3.94 LOW 4.40 1/2</div>
<div> CLOSE 4.04 Up 8 CLOSE 4.48 1/2 Up 5</div>
<div><br>
</div>
<div>Minni wheat closed moderately higher.</div>
<div>DEC16 HI 5.04 SEP17 HI 5.36 1/2</div>
<div> LOW 4.93 1/4 LOW 5.27</div>
<div> CLOSE 5.02 3/4 Up 8 1/4 CLOSE 5.36 1/2 Up 9 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 0.57 0.50 0.64 0.29</div>
<div>CAD $/bu 4.61 4.54 4.68 5.32</div>
<div>CAD $/tonne 169.39 166.96 171.82 195.48</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 0.40 0.45 N/A</div>
<div>London 0.17 0.20 0.17 N/A 0.59 0.46 0.52 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 0.25 N/A N/A N/A 0.45 N/A</div>
<div>Brigden N/A N/A 0.25 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 0.24 N/A N/A N/A N/A</div>
<div>North Gower N/A 0.38 0.52 0.17 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 1.30 N/A N/A N/A 1.43 N/A</div>
<div><br>
</div>
<div>Toledo El. 3.80US 5.02CA 4.29US 5.65CA</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 0.70 0.70 0.52</div>
<div>CAD $/bu 5.26 5.19 5.19 5.89</div>
<div>CAD $/tonne 193.11 190.68 190.68 216.37</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>
<div>FEED GRAINS</div>
<div>FOB Hm Soymeal 473.23</div>
<div>DDG's FOB Srn & Aylm 185.00 - 190.00</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>
<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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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;
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