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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, October 11</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.3239 down 0.0065</div>
<div>Chicago corn closed slightly higher.</div>
<div><br>
</div>
<div>      DEC16   HI 3.47                         DEC17    HI 3.85  3/4</div>
<div>             LOW 3.41                                 LOW 3.81</div>
<div>            CLOSE3.45  1/2  Up 2 1/4                CLOSE 3.84  1/4  Up 1 1/4</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                        4.41 173.42  0.60         4.44 174.89</div>
<div>CK High      1.00                        4.46 175.39  0.70         4.54 178.83</div>
<div>CK Avg       0.99                  -0.10 4.45 175.06  0.68 -0.43   4.52 177.85</div>
<div>Essex Cty    0.95                        4.41 173.42  0.65         4.49 176.86</div>
<div>Mdsx Low     1.00                        4.46 175.39  0.70         4.54 178.83</div>
<div>Mdsx High    1.00                        4.46 175.39  0.70         4.54 178.83</div>
<div>Mdsx Avg     1.00                  -0.09 4.46 175.39  0.70 -0.41   4.54 178.83</div>
<div>Hensall      1.00                        4.46 175.39  0.70         4.54 178.83</div>
<div>Bruce        1.00                        4.46 175.39  0.70         4.54 178.83</div>
<div>Putnam       1.10                        4.56 179.32  0.70         4.54 178.83</div>
<div>Burford      1.00                        4.46 175.39  0.70         4.54 178.83</div>
<div>Port Perry   1.10                        4.56 179.32  0.75         4.59 180.80</div>
<div>Norfolk      1.00                        4.46 175.39  0.70         4.54 178.83</div>
<div>Palmerston   0.95                        4.41 173.42  0.65         4.49 176.86</div>
<div>Varna        1.00                        4.46 175.39  0.70         4.54 178.83</div>
<div>Trenton      1.25                        4.71 185.23  0.80         4.64 182.77</div>
<div>Winchester   1.30                        4.76 187.20  1.01         4.85 191.03</div>
<div>North Gower  1.20                        4.66 183.26  0.88         4.72 185.92</div>
<div>Huron FOB    1.05                        4.51 177.35  0.75         4.59 180.80</div>
<div>Kent FOB     1.05                        4.51 177.35  0.70         4.54 178.83</div>
<div>Lamb FOB     1.00                        4.46 175.39  0.70         4.54 178.83</div>
<div>Mdsx FOB     1.00  1.00  1.00N/A         4.46 175.39  0.70         4.54 178.83</div>
<div>FOB SW Que   1.22                        4.68 184.05N/A</div>
<div>Track        1.40                        4.86 191.13N/A</div>
<div>PROCESSORS</div>
<div>Chat-Eth     1.20  1.20  1.20  1.20      4.66 183.26  0.90         4.74 186.70</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         4.64 182.77</div>
<div>Sarn-Eth     1.20  1.20  1.20N/A         4.66 183.26N/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         4.67 183.95</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         4.77 187.89</div>
<div>W O Feed     1.41                        4.87 191.53</div>
<div><br>
</div>
<div>US Rep       1.58                        5.04 198.22</div>
<div>Toledo El.  -0.33                        3.12 122.99 -0.33         3.51 138.26</div>
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</div>
<div><br>
</div>
<div>MID SD CRN   0.97   1/2                  4.43</div>
<div>HI SD CRN    1.00                        4.45 1/2</div>
<div>*Wet Bid</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3239 down 0.0065</div>
<div>Chicago soybeans closed narrowly mixed.</div>
<div><br>
</div>
<div>       NOV16   HI 9.60  3/4           NOV17    HI 9.67  1/2</div>
<div>              LOW 9.51  1/2                   LOW 9.60</div>
<div>             CLOSE9.54  1/4  Down  1/4      CLOSE 9.62  1/4  Up  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+JAN1+JAN17</div>
<div>CK Low       2.50                     12.04 442.492.20      11.82 434.40</div>
<div>CK High      2.55                     12.09 444.322.25      11.87 436.24</div>
<div>CK Average   2.53                -0.4312.07 443.472.23 -0.6611.85 435.32</div>
<div>Essex Cty    2.55                     12.09 444.322.25      11.87 436.24</div>
<div>Mdsx Low     2.49                     12.03 442.122.18      11.80 433.67</div>
<div>Mdsx High    2.50                     12.04 442.492.20      11.82 434.40</div>
<div>Mdsx Average 2.50                -0.4512.04 442.302.19 -0.6911.81 434.04</div>
<div>Hensall      2.53                     12.07 443.402.20      11.82 434.40</div>
<div>Bruce        2.55                     12.09 444.322.20      11.82 434.40</div>
<div>Putnam       2.55                     12.09 444.322.20      11.82 434.40</div>
<div>Burford      2.55                     12.09 444.322.24      11.86 435.87</div>
<div>Port Perry   2.49                     12.03 442.122.18      11.80 433.67</div>
<div>Norfolk      2.55                     12.09 444.322.20      11.82 434.40</div>
<div>Palmerston   2.55                     12.09 444.322.25      11.87 436.24</div>
<div>Varna        2.55                     12.09 444.322.20      11.82 434.40</div>
<div>Trenton      2.75                     12.29 451.672.20      11.82 434.40</div>
<div>Winchester   2.72                     12.26 450.572.50      12.12 445.43</div>
<div>North Gower  2.74                     12.28 451.302.39      12.01 441.38</div>
<div>Huron FOB    2.65                     12.19 448.002.30      11.92 438.08</div>
<div>Kent FOB     2.55                     12.09 444.322.30      11.92 438.08</div>
<div>Lambton FOB  2.70                     12.24 449.832.45      12.07 443.59</div>
<div>Middlesex FOB2.67 2.67 2.81  N/A      12.21 448.732.35      11.97 439.91</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton     3.09 3.15 3.24  N/A      12.63 464.16 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     3.02                     12.56 461.592.72      12.34 453.51</div>
<div><br>
</div>
<div>Toledo El.   -0.49                     9.05 332.63-0.33      9.29 341.42</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3239 down 0.0065</div>
<div>Chicago wheat closed slightly higher.</div>
<div>DEC16      HI     4.08  3/4             JUL17   HI      4.51  3/4</div>
<div>           LOW    4.01  1/4                     LOW     4.44  1/2</div>
<div>           CLOSE  4.07  1/4  Up 3 1/2           CLOSE   4.49  3/4  Up 1 1/4</div>
<div><br>
</div>
<div>Minni wheat closed slightly higher.</div>
<div>DEC16      HI     5.25  3/4             SEP17   HI      5.47  1/2</div>
<div>           LOW    5.19  1/2                     LOW        5.45</div>
<div>           CLOSE  5.24  1/4  Up 2               CLOSE   5.46   Up  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                 0.59          0.53            0.59          0.37</div>
<div>CAD $/bu              4.66          4.60            4.66          5.62</div>
<div>CAD $/tonne         171.37        168.94          171.37        206.40</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      0.16    0.19   0.23    N/A    0.56    0.43   0.49    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>Bruce       0.20    0.10   0.20   0.30    0.55    0.35   0.45   0.45</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    0.21   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   0.12    N/A     N/A     N/A    N/A</div>
<div>North Gower  N/A    0.39   0.45   0.24    N/A     0.74   0.74   0.43</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    1.32    N/A    N/A     N/A    1.45    N/A</div>
<div><br>
</div>
<div>Toledo El. 3.93US         5.21CA        4.30US          5.68CA</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                 0.79          0.72            0.72          0.57</div>
<div>CAD $/bu              5.28          5.22            5.22          6.03</div>
<div>CAD $/tonne         194.17        191.75          191.75        221.50</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      200.00 - 205.00</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;
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