<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=iso-2022-jp">
<style type="text/css" style="display:none;"><!-- P {margin-top:0;margin-bottom:0;} --></style>
</head>
<body dir="ltr">
<div id="divtagdefaultwrapper" style="font-size:10pt;color:#000000;font-family:'Courier New',monospace;">
<p></p>
<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, October 6</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.321 up 0.0032</div>
<div>Chicago corn closed slightly to moderately lower.</div>
<div><br>
</div>
<div> DEC16 HI 3.47 3/4 DEC17 HI 3.87</div>
<div> LOW 3.38 1/2 LOW 3.78 1/4</div>
<div> CLOSE3.40 1/2 Down 7 1/4 CLOSE 3.80 Down 6 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+MAR17+MAR17</div>
<div>CK Low 0.95 4.36 171.45 0.60 4.40 173.22</div>
<div>CK High 1.00 4.41 173.42 0.65 4.45 175.19</div>
<div>CK Avg 0.96 -0.10 4.36 171.78 0.64 -0.43 4.44 174.86</div>
<div>Essex Cty 0.95 4.36 171.45 0.65 4.45 175.19</div>
<div>Mdsx Low 0.95 4.36 171.45 0.65 4.45 175.19</div>
<div>Mdsx High 0.95 4.36 171.45 0.65 4.45 175.19</div>
<div>Mdsx Avg 0.95 -0.11 4.36 171.45 0.65 -0.42 4.45 175.19</div>
<div>Hensall 0.95 4.36 171.45 0.65 4.45 175.19</div>
<div>Bruce 0.95 4.36 171.45 0.65 4.45 175.19</div>
<div>Putnam 0.95 4.36 171.45 0.65 4.45 175.19</div>
<div>Burford 0.95 4.36 171.45 0.65 4.45 175.19</div>
<div>Port Perry 1.00 4.41 173.42 0.70 4.50 177.16</div>
<div>Norfolk 0.95 4.36 171.45 0.65 4.45 175.19</div>
<div>Palmerston 0.95 4.36 171.45 0.65 4.45 175.19</div>
<div>Varna 0.95 4.36 171.45 0.65 4.45 175.19</div>
<div>Trenton 1.20 4.61 181.29 0.80 4.60 181.09</div>
<div>Winchester 1.30 4.71 185.23 1.01 4.81 189.36</div>
<div>North Gower 1.20 4.61 181.29 0.80 4.60 181.09</div>
<div>Huron FOB 1.00 4.41 173.42 0.70 4.50 177.16</div>
<div>Kent FOB 1.00 4.41 173.42 0.65 4.45 175.19</div>
<div>Lamb FOB 0.95 4.36 171.45 0.70 4.50 177.16</div>
<div>Mdsx FOB 0.95 0.95 0.95N/A 4.36 171.45 0.65 4.45 175.19</div>
<div>FOB SW Que 1.30 4.71 185.23N/A</div>
<div>Track 1.34 4.74 186.61N/A</div>
<div>PROCESSORS</div>
<div>Chat-Eth 1.15 1.15 1.15 1.20 4.56 179.32 0.80 4.60 181.09</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 4.60 181.09</div>
<div>Sarn-Eth 1.15 1.15 1.20N/A 4.56 179.32N/A</div>
<div>Kawartha N/A N/A N/A N/A N/A</div>
<div>London-Ing N/A N/A 1.20 1.24 0.83 4.63 182.28</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 4.73 186.21</div>
<div>W O Feed 1.36 4.77 187.67</div>
<div><br>
</div>
<div>US Rep 1.56 4.97 195.46</div>
<div>Toledo El. -0.33 3.07 121.04 -0.33 3.47 136.62</div>
<div><br>
</div>
<div><br>
</div>
<div>MID SD CRN 0.97 1/2 4.38</div>
<div>HI SD CRN 1.00 4.40 1/2</div>
<div>*Wet Bid</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.321 up 0.0032</div>
<div>Chicago soybeans closed narrowly mixed.</div>
<div><br>
</div>
<div> NOV16 HI 9.59 3/4 NOV17 HI 9.63 3/4</div>
<div> LOW 9.47 1/4 LOW 9.54</div>
<div> CLOSE9.58 1/2 Up 1 3/4 CLOSE 9.61 3/4 Down 1 1/4</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 12.09 444.052.18 11.80 433.48</div>
<div>CK High 2.60 12.19 447.722.25 11.87 436.06</div>
<div>CK Average 2.55 -0.4112.14 445.882.21 -0.6411.83 434.71</div>
<div>Essex Cty 2.60 12.19 447.722.25 11.87 436.06</div>
<div>Mdsx Low 2.53 12.12 445.152.16 11.78 432.75</div>
<div>Mdsx High 2.55 12.14 445.882.20 11.82 434.22</div>
<div>Mdsx Average 2.54 -0.4112.13 445.522.18 -0.6711.80 433.48</div>
<div>Hensall 2.55 12.14 445.882.20 11.82 434.22</div>
<div>Bruce 2.55 12.14 445.882.20 11.82 434.22</div>
<div>Putnam 2.55 12.14 445.882.20 11.82 434.22</div>
<div>Burford 2.59 12.18 447.352.22 11.84 434.95</div>
<div>Port Perry 2.53 12.12 445.152.16 11.78 432.75</div>
<div>Norfolk 2.55 12.14 445.882.20 11.82 434.22</div>
<div>Palmerston 2.65 12.24 449.562.25 11.87 436.06</div>
<div>Varna 2.55 12.14 445.882.20 11.82 434.22</div>
<div>Trenton 2.70 12.29 451.402.20 11.82 434.22</div>
<div>Winchester 2.69 12.28 451.032.25 11.87 436.06</div>
<div>North Gower 2.69 12.28 451.032.36 11.98 440.10</div>
<div>Huron FOB 2.65 12.24 449.562.30 11.92 437.89</div>
<div>Kent FOB 2.65 12.24 449.562.20 11.82 434.22</div>
<div>Lambton FOB 2.70 12.29 451.402.45 12.07 443.40</div>
<div>Middlesex FOB2.70 2.70 2.80 N/A 12.29 451.402.33 11.95 439.00</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 2.99 3.11 3.20 N/A 12.58 462.05 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 12.56 461.322.68 12.30 451.86</div>
<div><br>
</div>
<div>Toledo El. -0.42 9.16 336.64-0.33 9.29 341.27</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.321 up 0.0032</div>
<div>Chicago wheat closed moderately lower.</div>
<div>DEC16 HI 4.09 1/2 JUL17 HI 4.54</div>
<div> LOW 3.93 1/2 LOW 4.39 1/2</div>
<div> CLOSE 3.95 3/4 Down 9 1/4 CLOSE 4.42 3/4 Down 8</div>
<div><br>
</div>
<div>Minni wheat closed narrowly mixed.</div>
<div>DEC16 HI 5.29 1/4 SEP17 HI 5.47 1/4</div>
<div> LOW 5.17 LOW 5.41</div>
<div> CLOSE 5.24 3/4 Up 1/4 CLOSE 5.47 1/4 Down 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 0.55 0.48 0.55 0.37</div>
<div>CAD $/bu 4.50 4.44 4.50 5.62</div>
<div>CAD $/tonne 165.52 163.09 165.52 206.32</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 0.20 N/A N/A 0.40 0.45 N/A</div>
<div>London 0.17 0.20 0.17 N/A 0.58 0.44 0.51 N/A</div>
<div>Hensall 0.20 N/A 0.25 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 0.20 N/A 0.25 N/A 0.55 N/A 0.45 N/A</div>
<div>Port Hope N/A 0.20 0.25 N/A N/A 0.40 0.45 N/A</div>
<div>Kent Bridge 0.20 N/A 0.25 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 0.23 0.25 0.30 N/A 0.40 0.45 0.40</div>
<div>Varna 0.25 0.25 0.25 N/A 0.55 0.45 0.45 N/A</div>
<div>Mitchell 0.20 0.20 0.25 N/A 0.55 0.40 0.45 N/A</div>
<div>Thornton N/A N/A N/A -0.07 N/A N/A N/A N/A</div>
<div>North Gower N/A 0.39 0.52 0.24 N/A 0.74 0.74 0.44</div>
<div><br>
</div>
<div>TERMINAL</div>
<div>Prescott N/A N/A 0.60 N/A N/A N/A 0.60 N/A</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Toledo FM N/A N/A 1.27 N/A N/A N/A 1.41 N/A</div>
<div><br>
</div>
<div>Toledo El. 3.82US 5.05CA 4.23US 5.57CA</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 0.75 0.68 0.68 0.56</div>
<div>CAD $/bu 5.18 5.11 5.11 6.03</div>
<div>CAD $/tonne 190.27 187.85 187.85 221.52</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 467.50</div>
<div>DDG's FOB Srn & Aylm 195.00 - 200.00</div>
<div><br>
</div>
<p></p>
<div id="Signature">
<div id="divtagdefaultwrapper" style="font-size:12pt; color:#000000; background-color:#FFFFFF; font-family:Calibri,Arial,Helvetica,sans-serif">
----<br>
<p></p>
<p></p>
<p style="font-family: "Courier New", monospace; font-size: 13.3333px;">Ontario Grain Market Commentary for October 5, 2016 by Marty Hibbs, Grain Farmers of Ontario</p>
<p style="font-family: "Courier New", monospace; font-size: 13.3333px;"><br>
</p>
<p style="font-family: "Courier New", monospace; font-size: 13.3333px;"></p>
<div align="center" style="font-family: "Courier New", monospace; font-size: 13.3333px;">
<table class="MsoNormalTable" border="1" cellspacing="0" cellpadding="0" style="margin-left: 20.55pt; border-collapse: collapse; border: none;">
<tbody>
<tr style="height: 34.6pt;">
<td width="529" colspan="6" valign="top" style="width: 396.9pt; border: 1pt solid black; padding: 0in 5.4pt; height: 34.6pt;">
<p class="MsoNormal" align="center" style="margin: 5pt 0in; text-align: center;">
<b><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">Wednesday, October 5, 2016 Closing Prices <o:p></o:p></span></i></b></p>
</td>
</tr>
<tr style="height: 34.6pt;">
<td width="113" valign="top" style="width: 85.05pt; border-right: 1pt solid black; border-bottom: 1pt solid black; border-left: 1pt solid black; border-image: initial; border-top: none; padding: 0in 5.4pt; height: 34.6pt;">
<p class="MsoNormal" align="center" style="margin: 5pt 0in; text-align: center;">
<i><span style="font-size: 11pt; font-family: Calibri, sans-serif;">COMMODITY<o:p></o:p></span></i></p>
</td>
<td width="85" valign="top" style="width: 63.75pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt; height: 34.6pt;">
<p class="MsoNormal" align="center" style="margin: 5pt 0in; text-align: center;">
<i><span style="font-size: 11pt; font-family: Calibri, sans-serif;">PERIOD<o:p></o:p></span></i></p>
</td>
<td width="85" valign="top" style="width: 63.8pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt; height: 34.6pt;">
<p class="MsoNormal" align="center" style="margin: 5pt 0in; text-align: center;">
<i><span style="font-size: 11pt; font-family: Calibri, sans-serif;">PRICE<o:p></o:p></span></i></p>
</td>
<td width="246" colspan="3" valign="top" style="width: 184.3pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt; height: 34.6pt;">
<p class="MsoNormal" align="center" style="margin: 5pt 0in; text-align: center;">
<i><span style="font-size: 11pt; font-family: Calibri, sans-serif;">WEEKLY MOVEMENT<o:p></o:p></span></i></p>
</td>
</tr>
<tr style="height: 16.75pt;">
<td width="113" style="width: 85.05pt; border-right: 1pt solid black; border-bottom: 1pt solid black; border-left: 1pt solid black; border-image: initial; border-top: none; padding: 0in 5.4pt; height: 16.75pt;">
<p class="MsoNormal"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">Corn CBOT<o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.75pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt; height: 16.75pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">Dec<o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.8pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt; height: 16.75pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">3.48<o:p></o:p></span></i></p>
</td>
<td width="76" style="width: 56.7pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt; height: 16.75pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">$B",(B<o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.8pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt; height: 16.75pt;">
<p class="MsoNormal"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;"> 19<o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.8pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt; height: 16.75pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">cents<o:p></o:p></span></i></p>
</td>
</tr>
<tr>
<td width="113" style="width: 85.05pt; border-right: 1pt solid black; border-bottom: 1pt solid black; border-left: 1pt solid black; border-image: initial; border-top: none; padding: 0in 5.4pt;">
<p class="MsoNormal"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">Soybeans CBOT<o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.75pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">Nov<o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.8pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">9.57<o:p></o:p></span></i></p>
</td>
<td width="76" valign="top" style="width: 56.7pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">$B",(B<o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.8pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;"> 12<o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.8pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">cents<o:p></o:p></span></i></p>
</td>
</tr>
<tr>
<td width="113" style="width: 85.05pt; border-right: 1pt solid black; border-bottom: 1pt solid black; border-left: 1pt solid black; border-image: initial; border-top: none; padding: 0in 5.4pt;">
<p class="MsoNormal"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">Wheat CBOT<o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.75pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">Dec<o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.8pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">4.05<o:p></o:p></span></i></p>
</td>
<td width="76" valign="top" style="width: 56.7pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">$B",(B<o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.8pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">02<o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.8pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">cents<o:p></o:p></span></i></p>
</td>
</tr>
<tr>
<td width="113" style="width: 85.05pt; border-right: 1pt solid black; border-bottom: 1pt solid black; border-left: 1pt solid black; border-image: initial; border-top: none; padding: 0in 5.4pt;">
<p class="MsoNormal"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">Wheat Minn.<o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.75pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">Dec<o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.8pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">5.25<o:p></o:p></span></i></p>
</td>
<td width="76" valign="top" style="width: 56.7pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">$B",(B<o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.8pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">16<o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.8pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">cents<o:p></o:p></span></i></p>
</td>
</tr>
<tr>
<td width="113" style="width: 85.05pt; border-right: 1pt solid black; border-bottom: 1pt solid black; border-left: 1pt solid black; border-image: initial; border-top: none; padding: 0in 5.4pt;">
<p class="MsoNormal"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">Wheat Kansas<o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.75pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">Dec<o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.8pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">4.15<o:p></o:p></span></i></p>
</td>
<td width="76" valign="top" style="width: 56.7pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">$B"-(B<o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.8pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">06<o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.8pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">cents<o:p></o:p></span></i></p>
</td>
</tr>
<tr>
<td width="113" style="width: 85.05pt; border-right: 1pt solid black; border-bottom: 1pt solid black; border-left: 1pt solid black; border-image: initial; border-top: none; padding: 0in 5.4pt;">
<p class="MsoNormal"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">Chicago Oats<o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.75pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">Dec<o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.8pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">1.84<o:p></o:p></span></i></p>
</td>
<td width="76" style="width: 56.7pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">$B",(B</span></i><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;"><o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.8pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">10<o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.8pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">cents <o:p></o:p></span></i></p>
</td>
</tr>
<tr>
<td width="113" style="width: 85.05pt; border-right: 1pt solid black; border-bottom: 1pt solid black; border-left: 1pt solid black; border-image: initial; border-top: none; padding: 0in 5.4pt;">
<p class="MsoNormal"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;"><o:p> </o:p></span></i></p>
</td>
<td width="85" style="width: 63.75pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;"><o:p> </o:p></span></i></p>
</td>
<td width="85" style="width: 63.8pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;"><o:p> </o:p></span></i></p>
</td>
<td width="76" style="width: 56.7pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;"><o:p> </o:p></span></i></p>
</td>
<td width="85" style="width: 63.8pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;"><o:p> </o:p></span></i></p>
</td>
<td width="85" style="width: 63.8pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;"><o:p> </o:p></span></i></p>
</td>
</tr>
<tr>
<td width="113" style="width: 85.05pt; border-right: 1pt solid black; border-bottom: 1pt solid black; border-left: 1pt solid black; border-image: initial; border-top: none; padding: 0in 5.4pt;">
<p class="MsoNormal"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">Canadian $<o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.75pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">Dec<o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.8pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">.7596<o:p></o:p></span></i></p>
</td>
<td width="76" style="width: 56.7pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">$B"-(B<o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.8pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">0.40<o:p></o:p></span></i></p>
</td>
<td width="85" style="width: 63.8pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; padding: 0in 5.4pt;">
<p class="MsoNormal" align="center" style="text-align: center;"><i><span lang="EN-CA" style="font-size: 11pt; font-family: Calibri, sans-serif;">points<o:p></o:p></span></i></p>
</td>
</tr>
</tbody>
</table>
</div>
<p class="MsoNormal" style="margin-bottom: 10pt; font-family: "Courier New", monospace; font-size: 13.3333px;">
<b><span lang="EN-CA" style="font-family: Calibri, sans-serif;"><o:p> </o:p></span></b></p>
<p class="MsoNormal" style="font-family: "Courier New", monospace; font-size: 13.3333px;">
<b><span lang="EN-CA" style="font-family: Calibri, sans-serif;">CORN</span></b><span lang="EN-CA" style="font-family: Calibri, sans-serif;">: Looking back at the Labour Day weekend low, we may be looking at the bottom for 2016. We are now approaching the $3.50
resistance level on the December corn contract and if we manage to close above that level, I feel we will see some fund short covering activity, which could catapult this market towards the $3.70 - $3.80 level. At this stage, it is too early to call a bottom;
but it$B!G(Bs looking more and more likely that we will be focusing on the $3.01 September lows as the major support and a possible bottom.<o:p></o:p></span></p>
<p class="MsoNormal" style="font-family: "Courier New", monospace; font-size: 13.3333px;">
<span lang="EN-CA" style="font-family: Calibri, sans-serif;"><o:p> </o:p></span></p>
<p class="MsoNormal" style="font-family: "Courier New", monospace; font-size: 13.3333px;">
<span lang="EN-CA" style="font-family: Calibri, sans-serif;">Short term support is seen at $3.25 on the December contract, while overhead resistance is seen at $3.50 and again at the $3.70- $3.80 level on the lead month. </span><span lang="EN-CA" style="font-family: Calibri, sans-serif;">The
short term indicators are still positive, but the main trend is still down.<o:p></o:p></span></p>
<p class="MsoNormal" style="font-family: "Courier New", monospace; font-size: 13.3333px;">
<span lang="EN-CA" style="font-family: Calibri, sans-serif;"><o:p> </o:p></span></p>
<p class="MsoNormal" style="margin-bottom: 10pt; font-family: "Courier New", monospace; font-size: 13.3333px;">
<b><span lang="EN-CA" style="font-family: Calibri, sans-serif;">SOYBEANS:</span></b><span lang="EN-CA" style="font-family: Calibri, sans-serif;"> Soybeans are producing a pennant formation on our charts with support at the $9.25 level on the November contract
and a sloping trend-line showing overhead resistance around the magical $10 level on the lead month. The charts on the soybeans are not as encouraging as the spring wheat or the corn. If harvest numbers show yield surprises and the $9.25 support is negated,
we could see lower prices before the November contract expires. Although we seem to have found good support in the $9.25 range for the past two months, we have a red sell signal from last week that is of concern. Meanwhile, support is still seen at the $9.25
level and overhead resistance is seen at the $10 mark on November.<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom: 10pt; font-family: "Courier New", monospace; font-size: 13.3333px;">
<span lang="EN-CA" style="font-family: Calibri, sans-serif;">The main trend is still down.<o:p></o:p></span></p>
<p class="MsoNormal" style="font-family: "Courier New", monospace; font-size: 13.3333px;">
<b><span style="font-family: Calibri, sans-serif;"><o:p> </o:p></span></b></p>
<p class="MsoNormal" style="font-family: "Courier New", monospace; font-size: 13.3333px;">
<b><span style="font-family: Calibri, sans-serif;">WHEAT: </span></b><span style="font-family: Calibri, sans-serif;"> Our Minneapolis wheat contract has performed very well over the past few weeks and as we received a red buy signal, September 29 on the spring
wheat contract. We are currently trading 45 cents per bushel higher than our $4.80 Labour Day low as we closed out today at $5.25 on the Minneapolis December chart. According to the charts, there is initial resistance at just above here at the $5.35 level
on the December Minneapolis contract; but if we manage to close above that level we should challenge the $5.45 - $5.50. The Chicago wheat has not fared as well, but we are finally moving back above the $4 mark and at some point we may actually see a good rally
from the funds covering their short positions. The Chicago wheat will eventually follow the Minneapolis if this rally is sustained. Like the other grains, the Labour Day weekend is proving to be the bottom in the wheat so far, but to confirm this, we need
to see those levels hold on any kind of a re-test in the coming weeks.<o:p></o:p></span></p>
<p class="MsoNormal" style="font-family: "Courier New", monospace; font-size: 13.3333px;">
<span style="font-family: Calibri, sans-serif;"><o:p> </o:p></span></p>
<p class="MsoNormal" style="font-family: "Courier New", monospace; font-size: 13.3333px;">
<span style="font-family: Calibri, sans-serif;">Support is seen at $3.60 - $3.80 on the Chicago contract, while serious overhead resistance is at $4.25 and again at $4.50 based on the December contract. The main trend is still down.<o:p></o:p></span></p>
<p class="MsoNormal" style="font-family: "Courier New", monospace; font-size: 13.3333px;">
<span style="font-family: Calibri, sans-serif;"><br>
</span></p>
<p class="MsoNormal" style="font-family: "Courier New", monospace; font-size: 13.3333px;">
<span style="font-family: Calibri, sans-serif;"></span></p>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"> </div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;">2016 CROP CASH PRICES as of close on October 5, 2016</div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"> </div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;">SWW @ $169.31MT ($4.61/bu), HRW @ $166.89/MT ($4.54/bu),</div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;">HRS @ $205.34/MT ($5.59/bu), SRW @ $169.31/MT ($4.61/bu).</div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><br>
</div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;">----</div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;">
<p class="MsoNormal"><span style="font-size: 10pt; line-height: 15.3333px; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);">Blair Andrews</span><span style="font-size: 10pt; line-height: 15.3333px; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<span style="background: rgb(253, 253, 253);">Editor, AgriLink and Farm Market News<span class="apple-converted-space"> </span></span><br>
<span style="background: rgb(253, 253, 253);">University of Guelph, Ridgetown Campus<span class="apple-converted-space"> </span></span><br>
<span style="background: rgb(253, 253, 253);">Tel.<span class="apple-converted-space"> </span></span></span><a href="callto:519-674-1500"><span style="font-size: 10pt; line-height: 15.3333px; font-family: "Courier New"; color: rgb(51, 102, 153); text-decoration: none;">519-674-1500</span></a><span class="apple-converted-space"><span style="font-size: 10pt; line-height: 15.3333px; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);"> </span></span><span style="font-size: 10pt; line-height: 15.3333px; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);">x
63577<span class="apple-converted-space"> </span></span><span style="font-size: 10pt; line-height: 15.3333px; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<span style="background: rgb(253, 253, 253);">Fax.<span class="apple-converted-space"> </span></span></span><a href="callto:519-674-1530"><span style="font-size: 10pt; line-height: 15.3333px; font-family: "Courier New"; color: rgb(51, 102, 153); text-decoration: none;">519-674-1530</span></a><span class="apple-converted-space"><span style="font-size: 10pt; line-height: 15.3333px; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);"> </span></span><span style="font-size: 10pt; line-height: 15.3333px; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<br>
<span style="background: rgb(253, 253, 253);">Click on this link:<span class="apple-converted-space"> </span></span></span><span class="object"><span style="font-size: 10pt; line-height: 15.3333px; font-family: "Courier New"; color: rgb(51, 102, 153);">farmmarketnews-unsubscribe@list.gfo.ca</span></span><span class="apple-converted-space"><span style="font-size: 10pt; line-height: 15.3333px; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);"> </span></span><span style="font-size: 10pt; line-height: 15.3333px; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);"> to
unsubscribe from this report.</span><span style="font-size: 10pt; line-height: 15.3333px; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<span style="background: rgb(253, 253, 253);">This Farm Market News product is sponsored by:</span><br>
<span style="background: rgb(253, 253, 253);">Grain Farmers of Ontario<o:p></o:p></span></span></p>
<br>
</div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><br>
</div>
<div style="font-family: "Courier New", monospace; font-size: 13.3333px;"><br>
</div>
<br style="font-family: "Courier New", monospace; font-size: 13.3333px;">
<p style="font-family: "Courier New", monospace; font-size: 13.3333px;"></p>
<p class="Body" align="center" style="margin-bottom: 0.0001pt; font-family: "Courier New", monospace; font-size: 13.3333px; text-align: center; line-height: normal;">
<b><span style="font-size: 12pt;"> </span></b></p>
<div><b><span style="font-size: 12pt;"><br>
</span></b></div>
<br>
<p></p>
</div>
</div>
</div>
</body>
</html>