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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, October 17</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.3138 down 0.0030</div>
<div>Chicago corn closed narrowly mixed.</div>
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</div>
<div> DEC16 HI 3.57 3/4 DEC17 HI 3.94 1/4</div>
<div> LOW 3.50 1/4 LOW 3.88 1/2</div>
<div> CLOSE3.54 Down 1/4 CLOSE 3.91 Unchanged</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+MAR17+MAR17</div>
<div>CK Low 1.00 4.54 178.73 0.60 4.51 177.55</div>
<div>CK High 1.00 4.54 178.73 0.70 4.61 181.49</div>
<div>CK Avg 1.00 -0.08 4.54 178.73 0.68 -0.40 4.59 180.83</div>
<div>Essex Cty 1.00 4.54 178.73 0.70 4.61 181.49</div>
<div>Mdsx Low 1.00 4.54 178.73 0.70 4.61 181.49</div>
<div>Mdsx High 1.00 4.54 178.73 0.70 4.61 181.49</div>
<div>Mdsx Avg 1.00 -0.08 4.54 178.73 0.70 -0.39 4.61 181.49</div>
<div>Hensall 1.00 4.54 178.73 0.70 4.61 181.49</div>
<div>Bruce 1.00 4.54 178.73 0.70 4.61 181.49</div>
<div>Putnam 1.00 4.54 178.73 0.70 4.61 181.49</div>
<div>Burford 1.00 4.54 178.73 0.70 4.61 181.49</div>
<div>Port Perry 1.10 4.64 182.67 0.75 4.66 183.46</div>
<div>Norfolk 1.00 4.54 178.73 0.70 4.61 181.49</div>
<div>Palmerston 1.00 4.54 178.73 0.70 4.61 181.49</div>
<div>Varna 1.00 4.54 178.73 0.70 4.61 181.49</div>
<div>Trenton 1.25 4.79 188.57 0.80 4.71 185.42</div>
<div>Winchester 1.30 4.84 190.54 1.00 4.91 193.30</div>
<div>North Gower 1.20 4.74 186.61 0.87 4.78 188.18</div>
<div>Huron FOB 1.02 4.56 179.52 0.72 4.63 182.28</div>
<div>Kent FOB 1.05 4.59 180.70 0.70 4.61 181.49</div>
<div>Lamb FOB 1.00 4.54 178.73 0.70 4.61 181.49</div>
<div>Mdsx FOB 1.00 1.00 1.00 1.00 4.54 178.73 0.70 4.61 181.49</div>
<div>FOB SW Que 1.10 4.64 182.67N/A</div>
<div>Track 1.28 4.82 189.56N/A</div>
<div>PROCESSORS</div>
<div>Chat-Eth 1.20 1.20 1.20 1.20 4.74 186.61 0.90 4.81 189.36</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 4.71 185.42</div>
<div>Sarn-Eth 1.20 1.20 1.20 1.20 4.74 186.61 1.20 5.11 201.17</div>
<div>Kawartha N/A N/A N/A N/A N/A</div>
<div>London-Ing N/A 1.20 1.20 1.23 0.90 4.81 189.36</div>
<div>Pt.Colb-Ing N/A N/A N/A N/A N/A</div>
<div>Cardnl-Ing N/A 1.24 1.29 1.40 0.93 4.84 190.54</div>
<div>W O Feed 1.38 4.92 193.53</div>
<div><br>
</div>
<div>US Rep 1.56 5.10 200.78</div>
<div>Toledo El. -0.33 3.21 126.45 -0.33 3.58 141.03</div>
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</div>
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</div>
<div>MID SD CRN 1.00 4.54</div>
<div>HI SD CRN 1.00 4.54</div>
<div>*Wet Bid</div>
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</div>
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</div>
<div>Bank of Canada Noon exchange rate was 1.3138 down 0.0030</div>
<div>Chicago soybeans closed moderately higher.</div>
<div><br>
</div>
<div> NOV16 HI 9.79 NOV17 HI 9.82</div>
<div> LOW 9.61 LOW 9.66 1/2</div>
<div> CLOSE9.78 1/4 Up 15 3/4 CLOSE 9.81 1/4 Up 12 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 2.25 12.03 442.122.19 12.00 441.02</div>
<div>CK High 2.40 12.18 447.632.30 12.11 445.06</div>
<div>CK Average 2.32 -0.5612.11 444.812.23 -0.6212.04 442.55</div>
<div>Essex Cty 2.35 12.13 445.792.25 12.06 443.22</div>
<div>Mdsx Low 2.29 12.07 443.592.17 11.98 440.28</div>
<div>Mdsx High 2.35 12.13 445.792.20 12.01 441.38</div>
<div>Mdsx Average 2.32 -0.5612.10 444.692.19 -0.6612.00 440.83</div>
<div>Hensall 2.35 12.13 445.792.20 12.01 441.38</div>
<div>Bruce 2.35 12.13 445.792.20 12.01 441.38</div>
<div>Putnam 2.30 12.08 443.962.20 12.01 441.38</div>
<div>Burford 2.36 12.14 446.162.24 12.05 442.85</div>
<div>Port Perry 2.26 12.04 442.492.14 11.95 439.18</div>
<div>Norfolk 2.30 12.08 443.962.20 12.01 441.38</div>
<div>Palmerston 2.35 12.13 445.792.25 12.06 443.22</div>
<div>Varna 2.35 12.13 445.792.20 12.01 441.38</div>
<div>Trenton 2.55 12.33 453.142.20 12.01 441.38</div>
<div>Winchester 2.61 12.39 455.352.28 12.09 444.32</div>
<div>North Gower 2.51 12.29 451.672.34 12.15 446.53</div>
<div>Huron FOB 2.45 12.23 449.472.30 12.11 445.06</div>
<div>Kent FOB 2.30 12.08 443.962.20 12.01 441.38</div>
<div>Lambton FOB 2.45 12.23 449.472.40 12.21 448.73</div>
<div>Middlesex FOB2.40 2.43 2.62 2.62 12.18 447.632.35 12.16 446.90</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 2.79 2.86 2.94 N/A 12.57 461.96 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 12.75 468.572.67 12.48 458.65</div>
<div><br>
</div>
<div>Toledo El. -0.49 9.30 341.61-0.33 9.48 348.51</div>
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<div>Bank of Canada Noon exchange rate was 1.3138 down 0.0030</div>
<div>Chicago wheat closed slightly higher.</div>
<div>DEC16 HI 4.25 3/4 JUL17 HI 4.68 1/4</div>
<div> LOW 4.16 LOW 4.59 1/2</div>
<div> CLOSE 4.23 3/4 Up 2 3/4 CLOSE 4.67 Up 3 1/2</div>
<div><br>
</div>
<div>Minni wheat closed slightly higher.</div>
<div>DEC16 HI 5.34 3/4 SEP17 HI 5.56</div>
<div> LOW 5.26 1/2 LOW 5.53 1/4</div>
<div> CLOSE 5.29 Up 1/2 CLOSE 5.53 3/4 Up 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 0.60 0.54 0.60 0.34</div>
<div>CAD $/bu 4.84 4.77 4.84 5.63</div>
<div>CAD $/tonne 177.80 175.39 177.80 206.85</div>
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<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 0.25 N/A N/A 0.40 0.50 N/A</div>
<div>London 0.21 0.24 0.27 N/A 0.60 0.46 0.53 N/A</div>
<div>Hensall 0.25 N/A 0.25 N/A 0.60 N/A 0.50 N/A</div>
<div>Trenton N/A N/A 0.35 N/A N/A N/A 0.55 N/A</div>
<div>Bruce 0.25 0.10 0.25 0.30 0.60 0.35 0.50 0.45</div>
<div>Essex N/A N/A 0.15 N/A N/A N/A 0.40 N/A</div>
<div>Norwich 0.25 N/A 0.25 N/A 0.60 N/A 0.50 N/A</div>
<div>Port Hope N/A 0.25 0.25 N/A N/A 0.45 0.50 N/A</div>
<div>Kent Bridge 0.25 N/A 0.25 N/A 0.60 N/A 0.50 N/A</div>
<div>Chatham N/A N/A 0.25 N/A N/A N/A 0.50 N/A</div>
<div>Brigden N/A N/A 0.25 N/A N/A N/A 0.50 N/A</div>
<div>Palmerston N/A 0.27 0.25 0.30 N/A 2.40 0.45 0.40</div>
<div>Varna 0.25 0.25 0.25 N/A 0.55 0.50 0.50 N/A</div>
<div>Mitchell 0.25 0.25 0.25 N/A 0.60 0.45 0.50 N/A</div>
<div>Thornton N/A N/A N/A 0.24 N/A N/A N/A N/A</div>
<div>North Gower N/A 0.43 0.49 0.14 N/A 0.62 0.62 0.43</div>
<div><br>
</div>
<div>TERMINAL</div>
<div>Prescott N/A 0.86 0.60 N/A N/A 0.60 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. 4.10US 5.38CA 4.47US 5.86CA</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 0.73 0.73 0.54</div>
<div>CAD $/bu 5.46 5.40 5.40 6.08</div>
<div>CAD $/tonne 200.75 198.34 198.34 223.25</div>
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</div>
<div>(C)-Basis over the Chicago Board of Trade futures</div>
<div>(M)-Basis over the Minneapolis Grain Exchange</div>
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</div>
<div>FEED GRAINS</div>
<div>FOB Hm Soymeal 471.25</div>
<div>DDG's FOB Srn & Aylm 200.00 - 210.00</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>
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background:#FDFDFD"> </span></span><span style="font-size:10.0pt;
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