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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, October 4</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.317 up 0.0033</div>
<div>Chicago corn closed slightly higher.</div>
<div><br>
</div>
<div>      DEC16   HI 3.49                         DEC17    HI 3.87</div>
<div>             LOW 3.43  1/2                            LOW 3.82  1/4</div>
<div>            CLOSE3.48  1/4  Up 2 1/4                CLOSE 3.87   Up 2 3/4</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+MAR17+MAR17</div>
<div>CK Low       0.95                        4.43 174.50  0.60         4.47 175.98</div>
<div>CK High      1.00                        4.48 176.47  0.65         4.52 177.94</div>
<div>CK Avg       0.96                  -0.12 4.44 174.83  0.64 -0.44   4.51 177.55</div>
<div>Essex Cty    0.95                        4.43 174.50  0.65         4.52 177.94</div>
<div>Mdsx Low     0.95                        4.43 174.50  0.65         4.52 177.94</div>
<div>Mdsx High    0.95                        4.43 174.50  0.65         4.52 177.94</div>
<div>Mdsx Avg     0.95                  -0.12 4.43 174.50  0.65 -0.44   4.52 177.94</div>
<div>Hensall      0.95                        4.43 174.50  0.65         4.52 177.94</div>
<div>Bruce        0.95                        4.43 174.50  0.65         4.52 177.94</div>
<div>Putnam       0.95                        4.43 174.50  0.65         4.52 177.94</div>
<div>Burford      0.95                        4.43 174.50  0.65         4.52 177.94</div>
<div>Port Perry   1.00                        4.48 176.47  0.70         4.57 179.91</div>
<div>Norfolk      0.95                        4.43 174.50  0.65         4.52 177.94</div>
<div>Palmerston   0.95                        4.43 174.50  0.55         4.42 174.01</div>
<div>Varna        0.95                        4.43 174.50  0.65         4.52 177.94</div>
<div>Trenton      1.20                        4.68 184.34  0.75         4.62 181.88</div>
<div>Winchester   1.30                        4.78 188.28N/A</div>
<div>North Gower  1.20                        4.68 184.34  0.80         4.67 183.85</div>
<div>Huron FOB    1.00                        4.48 176.47  0.70         4.57 179.91</div>
<div>Kent FOB     1.00                        4.48 176.47  0.65         4.52 177.94</div>
<div>Lamb FOB     0.90                        4.38 172.53  0.70         4.57 179.91</div>
<div>Mdsx FOB     0.95  0.95  0.95N/A         4.43 174.50  0.65         4.52 177.94</div>
<div>FOB SW Que   1.30                        4.78 188.28N/A</div>
<div>Track        1.28                        4.76 187.29N/A</div>
<div>PROCESSORS</div>
<div>Chat-Eth     1.15  1.15  1.15  1.20      4.63 182.37  0.80         4.67 183.85</div>
<div>Jhnstwn-Eth N/A  N/A   N/A   N/A                    N/A</div>
<div>Aylmer-Eth  N/A  N/A   N/A     1.20                   0.80         4.67 183.85</div>
<div>Sarn-Eth     1.15  1.15  1.20N/A         4.63 182.37N/A</div>
<div>Kawartha    N/A  N/A   N/A   N/A                    N/A</div>
<div>London-Ing   1.15N/A     1.20  1.24      4.63 182.37  0.83         4.70 185.03</div>
<div>Pt.Colb-Ing N/A  N/A   N/A   N/A                    N/A</div>
<div>Cardnl-Ing  N/A    1.24  1.33N/A                      0.93         4.80 188.97</div>
<div>W O Feed     1.36                        4.85 190.80</div>
<div><br>
</div>
<div>US Rep       1.57                        5.05 198.91</div>
<div>Toledo El.  -0.33                        3.15 124.11 -0.33         3.54 139.40</div>
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</div>
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</div>
<div>MID SD CRN   0.97   1/2                  4.45 3/4</div>
<div>HI SD CRN    1.00                        4.48 1/4</div>
<div>*Wet Bid</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.317 up 0.0033</div>
<div>Chicago soybeans closed slightly lower.</div>
<div><br>
</div>
<div>       NOV16   HI 9.72                NOV17    HI 9.70  1/2</div>
<div>              LOW 9.60  1/4                   LOW 9.61  1/4</div>
<div>             CLOSE9.63  1/2  Down 9 1/2     CLOSE 9.66  3/4  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+JAN1+JAN17</div>
<div>CK Low       2.50                     12.14 445.882.10      11.77 432.38</div>
<div>CK High      2.55                     12.19 447.722.25      11.92 437.89</div>
<div>CK Average   2.53                -0.4212.16 446.932.19 -0.6611.86 435.63</div>
<div>Essex Cty    2.55                     12.19 447.722.20      11.87 436.06</div>
<div>Mdsx Low     2.50                     12.14 445.882.16      11.83 434.59</div>
<div>Mdsx High    2.60                     12.24 449.562.20      11.87 436.06</div>
<div>Mdsx Average 2.55                -0.4012.19 447.722.18 -0.6711.85 435.32</div>
<div>Hensall      2.60                     12.24 449.562.20      11.87 436.06</div>
<div>Bruce        2.55                     12.19 447.722.20      11.87 436.06</div>
<div>Putnam       2.55                     12.19 447.722.20      11.87 436.06</div>
<div>Burford      2.56                     12.20 448.092.22      11.89 436.79</div>
<div>Port Perry   2.50                     12.14 445.882.16      11.83 434.59</div>
<div>Norfolk      2.60                     12.24 449.562.20      11.87 436.06</div>
<div>Palmerston   2.50                     12.14 445.882.10      11.77 432.38</div>
<div>Varna        2.60                     12.24 449.562.20      11.87 436.06</div>
<div>Trenton      2.70                     12.34 453.232.15      11.82 434.22</div>
<div>Winchester   2.65                     12.29 451.402.22      11.89 436.79</div>
<div>North Gower  2.60                     12.24 449.562.29      11.96 439.36</div>
<div>Huron FOB    2.70                     12.34 453.232.30      11.97 439.73</div>
<div>Kent FOB     2.65                     12.29 451.402.20      11.87 436.06</div>
<div>Lambton FOB  2.65                     12.29 451.402.35      12.02 441.57</div>
<div>Middlesex FOB2.66 2.72 2.80  N/A      12.30 451.762.33      12.00 440.83</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton     3.01 3.14 3.23  N/A      12.65 464.62 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     2.92                     12.56 461.322.55      12.22 448.92</div>
<div><br>
</div>
<div>Toledo El.   -0.42                     9.21 338.51-0.33      9.34 343.13</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.317 up 0.0033</div>
<div>Chicago wheat closed slightly lower to steady.</div>
<div>DEC16      HI     3.98  1/4             JUL17   HI         4.43</div>
<div>           LOW    3.92  1/2                     LOW     4.38  3/4</div>
<div>           CLOSE  3.95  1/2  Unchanged          CLOSE   4.41   Down  1/4</div>
<div><br>
</div>
<div>Minni wheat closed mixed.</div>
<div>DEC16      HI     5.25  3/4             SEP17   HI      5.50  1/2</div>
<div>           LOW        5.16                      LOW     5.41  1/4</div>
<div>           CLOSE  5.22  1/4  Up 6               CLOSE   5.42   Down 1</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                 0.54          0.47            0.60          0.35</div>
<div>CAD $/bu              4.49          4.43            4.56          5.57</div>
<div>CAD $/tonne         165.07        162.64          167.49        204.70</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      0.12    0.14   0.12    N/A    0.52    0.39   0.46    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    N/A    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    N/A    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   -0.10   N/A     N/A     N/A    N/A</div>
<div>North Gower  N/A    0.36   0.49   0.19    N/A     N/A     N/A   0.40</div>
<div><br>
</div>
<div>TERMINAL</div>
<div>Prescott     N/A    N/A    0.60   0.48    N/A     N/A    0.60   0.45</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Toledo FM    N/A    N/A    1.26    N/A    N/A     N/A    1.39    N/A</div>
<div><br>
</div>
<div>Toledo El. 3.82US         5.03CA        4.21US          5.54CA</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                 0.74          0.67            0.67          0.53</div>
<div>CAD $/bu              5.15          5.08            5.08          5.95</div>
<div>CAD $/tonne         189.10        186.68          186.68        218.60</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             464.41</div>
<div>DDG's FOB Srn & Aylm      190.00 - 195.00</div>
<div><br>
</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%;
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>
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