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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, September 30</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.3117 up 0.0016</div>
<div>Chicago corn closed moderately higher.</div>
<div><br>
</div>
<div> DEC16 HI 3.37 1/2 DEC16 HI 3.37 1/2</div>
<div> LOW 3.25 LOW 3.25</div>
<div> CLOSE3.36 3/4 Up 7 1/2 CLOSE 3.36 3/4 Up 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 4.32 169.97 0.95 4.32 169.97</div>
<div>CK High 1.00 4.37 171.94 1.00 4.37 171.94</div>
<div>CK Avg 0.96 -0.07 4.33 170.30 0.96 -0.06 4.33 170.30</div>
<div>Essex Cty 0.95 4.32 169.97 0.95 4.32 169.97</div>
<div>Mdsx Low 0.95 4.32 169.97 0.95 4.32 169.97</div>
<div>Mdsx High 0.95 4.32 169.97 0.95 4.32 169.97</div>
<div>Mdsx Avg 0.95 -0.07 4.32 169.97 0.95 -0.07 4.32 169.97</div>
<div>Hensall 0.95 4.32 169.97 0.95 4.32 169.97</div>
<div>Bruce 0.95 4.32 169.97 0.95 4.32 169.97</div>
<div>Putnam 0.95 4.32 169.97 0.95 4.32 169.97</div>
<div>Burford 0.95 4.32 169.97 0.95 4.32 169.97</div>
<div>Port Perry 0.95 4.32 169.97 0.95 4.32 169.97</div>
<div>Norfolk 0.95 4.32 169.97 0.95 4.32 169.97</div>
<div>Palmerston 0.95 4.32 169.97 0.95 4.32 169.97</div>
<div>Varna 0.95 4.32 169.97 0.95 4.32 169.97</div>
<div>Trenton N/A 1.15 4.52 177.85</div>
<div>Winchester N/A 1.30 4.67 183.75</div>
<div>North Gower N/A 1.20 4.57 179.81</div>
<div>Huron FOB 0.95 4.32 169.97 0.95 4.32 169.97</div>
<div>Kent FOB 0.95 4.32 169.97 0.95 4.32 169.97</div>
<div>Lamb FOB 0.90 4.27 168.00 0.90 4.27 168.00</div>
<div>Mdsx FOB 0.95N/A N/A N/A 4.32 169.97 0.95 4.32 169.97</div>
<div>FOB SW Que 1.48 4.85 190.84N/A</div>
<div>Track 1.35 4.72 185.72N/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 4.52 177.85</div>
<div>Kawartha N/A N/A N/A N/A N/A</div>
<div>London-Ing N/A 1.06 1.09 1.20 1.09 4.46 175.48</div>
<div>Pt.Colb-Ing N/A 1.24 1.14 1.32 1.14 4.51 177.45</div>
<div>Cardnl-Ing N/A N/A 1.24 1.33 1.24 4.61 181.39</div>
<div>W O Feed 1.33 4.70 185.01</div>
<div><br>
</div>
<div>US Rep 1.50 4.87 191.63</div>
<div>Toledo El. -0.33 3.04 119.67 -0.33 3.04 119.69</div>
<div><br>
</div>
<div><br>
</div>
<div>MID SD CRN 0.97 1/2 4.34 1/4</div>
<div>HI SD CRN 1.00 4.36 3/4</div>
<div>*Wet Bid</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3117 up 0.0016</div>
<div>Chicago soybeans closed slightly higher.</div>
<div><br>
</div>
<div> NOV16 HI 9.58 1/2 NOV17 HI 9.58 1/4</div>
<div> LOW 9.43 LOW 9.45 1/2</div>
<div> CLOSE9.54 Up 3 3/4 CLOSE 9.53 1/4 Up 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 2.45 11.99 440.562.10 11.63 427.42</div>
<div>CK High 2.55 12.09 444.232.20 11.73 431.10</div>
<div>CK Average 2.50 -0.3512.04 442.462.14 -0.6211.67 428.89</div>
<div>Essex Cty 2.55 12.09 444.232.15 11.68 429.26</div>
<div>Mdsx Low 2.44 11.98 440.192.10 11.63 427.42</div>
<div>Mdsx High 2.55 12.09 444.232.12 11.65 428.16</div>
<div>Mdsx Average 2.50 -0.3612.04 442.212.11 -0.6411.64 427.79</div>
<div>Hensall 2.55 12.09 444.232.10 11.63 427.42</div>
<div>Bruce 2.50 12.04 442.392.10 11.63 427.42</div>
<div>Putnam 2.50 12.04 442.39 N/A</div>
<div>Burford 2.50 12.04 442.392.18 11.71 430.36</div>
<div>Port Perry 2.44 11.98 440.192.12 11.65 428.16</div>
<div>Norfolk 2.55 12.09 444.232.10 11.63 427.42</div>
<div>Palmerston 2.55 12.09 444.232.15 11.68 429.26</div>
<div>Varna 2.55 12.09 444.232.10 11.63 427.42</div>
<div>Trenton 2.65 12.19 447.912.15 11.68 429.26</div>
<div>Winchester 2.62 12.16 446.802.19 11.72 430.73</div>
<div>North Gower 2.60 12.14 446.072.29 11.82 434.40</div>
<div>Huron FOB 2.65 12.19 447.912.20 11.73 431.10</div>
<div>Kent FOB 2.55 12.09 444.232.10 11.63 427.42</div>
<div>Lambton FOB 2.60 12.14 446.072.35 11.88 436.61</div>
<div>Middlesex FOB2.73 2.73 2.80 N/A 12.27 450.852.32 11.85 435.50</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 3.04 3.04 3.10 N/A 12.58 462.24 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 12.47 458.192.55 12.08 443.96</div>
<div><br>
</div>
<div>Toledo El. -0.42 9.12 335.12-0.33 9.21 338.23</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3117 up 0.0016</div>
<div>Chicago wheat closed slightly higher.</div>
<div>DEC16 HI 4.03 3/4 JUL17 HI 4.48 1/2</div>
<div> LOW 3.90 LOW 4.37 1/4</div>
<div> CLOSE 4.02 Up 3 CLOSE 4.47 1/2 Up 1 1/4</div>
<div><br>
</div>
<div>Minni wheat closed slightly higher.</div>
<div>DEC16 HI 5.21 1/4 SEP17 HI 5.49 1/2</div>
<div> LOW 5.07 3/4 LOW 5.41 1/4</div>
<div> CLOSE 5.14 1/2 Up 4 3/4 CLOSE 5.43 1/4 Up 1 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 0.53 0.46 0.59 0.29</div>
<div>CAD $/bu 4.55 4.48 4.61 5.43</div>
<div>CAD $/tonne 167.14 164.73 169.55 199.65</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 0.16 0.18 0.16 N/A 0.57 0.44 0.50 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 0.20 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 0.40</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 0.09 N/A N/A N/A N/A</div>
<div>North Gower N/A 0.36 0.50 0.19 N/A N/A N/A N/A</div>
<div><br>
</div>
<div>TERMINAL</div>
<div>Prescott N/A N/A 0.60 0.48 N/A N/A 0.60 0.31</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Toledo FM N/A N/A 1.25 N/A N/A N/A 1.38 N/A</div>
<div><br>
</div>
<div>Toledo El. N/A 4.28US 5.60CA</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 0.66 0.66 0.50</div>
<div>CAD $/bu 5.20 5.14 5.14 5.93</div>
<div>CAD $/tonne 191.20 188.79 188.79 218.01</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 470.58</div>
<div>DDG's FOB Srn & Aylm 190.00 - 195.00</div>
<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>
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background:#FDFDFD"> </span></span><span style="font-size:10.0pt;
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