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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, September 28</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.3242 down 0.0006</div>
<div>Chicago corn closed slightly lower.</div>
<div><br>
</div>
<div> DEC16 HI 3.32 1/2 DEC16 HI 3.32 1/2</div>
<div> LOW 3.28 3/4 LOW 3.28 3/4</div>
<div> CLOSE3.29 1/4 Down 2 1/2 CLOSE 3.29 1/4 Down 2 1/2</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 0.90 4.19 165.05 0.90 4.19 165.05</div>
<div>CK High 1.00 4.29 168.99 0.95 4.24 167.02</div>
<div>CK Avg 0.95 -0.05 4.24 167.02 0.94 -0.06 4.23 166.69</div>
<div>Essex Cty 0.90 4.19 165.05 0.90 4.19 165.05</div>
<div>Mdsx Low 0.95 4.24 167.02 0.95 4.24 167.02</div>
<div>Mdsx High 0.95 4.24 167.02 0.95 4.24 167.02</div>
<div>Mdsx Avg 0.95 -0.05 4.24 167.02 0.95 -0.05 4.24 167.02</div>
<div>Hensall 0.95 4.24 167.02 0.95 4.24 167.02</div>
<div>Bruce 0.95 4.24 167.02 0.95 4.24 167.02</div>
<div>Putnam 0.95 4.24 167.02 0.95 4.24 167.02</div>
<div>Burford 0.95 4.24 167.02 0.95 4.24 167.02</div>
<div>Port Perry 0.95 4.24 167.02 0.95 4.24 167.02</div>
<div>Norfolk 0.95 4.24 167.02 0.95 4.24 167.02</div>
<div>Palmerston 0.90 4.19 165.05 0.90 4.19 165.05</div>
<div>Varna 0.95 4.24 167.02 0.95 4.24 167.02</div>
<div>Trenton N/A 1.10 4.39 172.93</div>
<div>Winchester N/A 1.30 4.59 180.80</div>
<div>North Gower N/A 1.20 4.49 176.86</div>
<div>Huron FOB 0.95 4.24 167.02 0.95 4.24 167.02</div>
<div>Kent FOB 0.95 4.24 167.02 0.95 4.24 167.02</div>
<div>Lamb FOB 0.90 4.19 165.05 0.90 4.19 165.05</div>
<div>Mdsx FOB 0.95N/A N/A N/A 4.24 167.02 0.95 4.24 167.02</div>
<div>FOB SW Que 1.48 4.77 187.89N/A</div>
<div>Track 1.35 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 4.44 174.89</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 4.43 174.50</div>
<div>Cardnl-Ing N/A N/A 1.24 1.33 1.24 4.53 178.44</div>
<div>W O Feed 1.39 4.68 184.34</div>
<div><br>
</div>
<div>US Rep 1.53 4.82 189.85</div>
<div>Toledo El. -0.26 3.03 119.32 -0.26 3.03 119.32</div>
<div><br>
</div>
<div><br>
</div>
<div>MID SD CRN 0.92 1/2 4.21 3/4</div>
<div>HI SD CRN 0.95 4.24 1/4</div>
<div>*Wet Bid</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3242 down 0.0006</div>
<div>Chicago soybeans closed slightly lower.</div>
<div><br>
</div>
<div> NOV16 HI 9.55 3/4 NOV17 HI 9.54 1/2</div>
<div> LOW 9.44 1/2 LOW 9.47</div>
<div> CLOSE9.45 1/2 Down 7 CLOSE 9.48 Down 4 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 2.55 12.01 441.112.15 11.63 427.33</div>
<div>CK High 2.70 12.16 446.622.25 11.73 431.00</div>
<div>CK Average 2.62 -0.2312.08 443.742.21 -0.5411.69 429.41</div>
<div>Essex Cty 2.65 12.11 444.782.15 11.63 427.33</div>
<div>Mdsx Low 2.56 12.02 441.482.17 11.65 428.06</div>
<div>Mdsx High 2.65 12.11 444.782.20 11.68 429.17</div>
<div>Mdsx Average 2.61 -0.2412.06 443.132.19 -0.5611.67 428.62</div>
<div>Hensall 2.65 12.11 444.782.20 11.68 429.17</div>
<div>Bruce 2.65 12.11 444.782.20 11.68 429.17</div>
<div>Putnam 2.65 12.11 444.782.15 11.63 427.33</div>
<div>Burford 2.62 12.08 443.682.23 11.71 430.27</div>
<div>Port Perry 2.56 12.02 441.482.17 11.65 428.06</div>
<div>Norfolk 2.65 12.11 444.782.20 11.68 429.17</div>
<div>Palmerston 2.65 12.11 444.782.15 11.63 427.33</div>
<div>Varna 2.65 12.11 444.782.20 11.68 429.17</div>
<div>Trenton 2.70 12.16 446.622.15 11.63 427.33</div>
<div>Winchester 2.66 12.12 445.152.26 11.74 431.37</div>
<div>North Gower 2.61 12.07 443.312.28 11.76 432.11</div>
<div>Huron FOB 2.75 12.21 448.462.30 11.78 432.84</div>
<div>Kent FOB 2.70 12.16 446.622.20 11.68 429.17</div>
<div>Lambton FOB 2.80 12.26 450.292.45 11.93 438.35</div>
<div>Middlesex FOB2.73 2.73 2.79 N/A 12.19 447.722.34 11.82 434.31</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 3.13 3.13 3.19 N/A 12.59 462.42 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 2.97 12.43 456.542.53 12.01 441.29</div>
<div><br>
</div>
<div>Toledo El. -0.42 9.04 332.02-0.33 9.15 336.32</div>
<div><br>
</div>
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</div>
<div>Bank of Canada Noon exchange rate was 1.3242 down 0.0006</div>
<div>Chicago wheat closed narrowly mixed.</div>
<div>DEC16 HI 4.07 1/4 JUL17 HI 4.51 1/2</div>
<div> LOW 4.01 3/4 LOW 4.46 1/2</div>
<div> CLOSE 4.03 1/4 Down 3/4 CLOSE 4.49 3/4 Up 1 1/4</div>
<div><br>
</div>
<div>Minni wheat closed slightly higher.</div>
<div>DEC16 HI 5.09 1/4 SEP17 HI 5.41 1/4</div>
<div> LOW 5.01 1/2 LOW 5.36</div>
<div> CLOSE 5.08 1/2 Up 5 3/4 CLOSE 5.40 3/4 Up 4 1/4</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 0.52 0.46 0.59 0.26</div>
<div>CAD $/bu 4.56 4.49 4.62 5.35</div>
<div>CAD $/tonne 167.45 165.05 169.86 196.42</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 0.17 0.20 0.17 N/A 0.58 0.45 0.51 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 0.38 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 0.20 0.20 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 0.18 N/A N/A N/A N/A</div>
<div>North Gower N/A 0.40 0.54 0.19 N/A N/A N/A N/A</div>
<div><br>
</div>
<div>TERMINAL</div>
<div>Prescott N/A 0.60 0.60 0.48 N/A 0.60 0.60 0.31</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Toledo FM N/A N/A 1.24 N/A N/A N/A 1.38 N/A</div>
<div><br>
</div>
<div>Toledo El. 3.89US 5.09CA 4.30US 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 0.73 0.67 0.67 0.49</div>
<div>CAD $/bu 5.23 5.16 5.16 5.90</div>
<div>CAD $/tonne 192.10 189.70 189.70 216.61</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 472.57</div>
<div>DDG's FOB Srn & Aylm 185.00 - 190.00</div>
<div><br>
</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>
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