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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, October 18</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.3104 down 0.0034</div>
<div>Chicago corn closed slightly lower to steady.</div>
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</div>
<div> DEC16 HI 3.57 1/2 DEC17 HI 3.94</div>
<div> LOW 3.51 1/2 LOW 3.89 1/4</div>
<div> CLOSE3.53 3/4 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 4.54 178.63 0.60 4.51 177.55</div>
<div>CK High 1.00 4.54 178.63 0.70 4.61 181.49</div>
<div>CK Avg 1.00 -0.08 4.54 178.63 0.68 -0.40 4.59 180.83</div>
<div>Essex Cty 1.00 4.54 178.63 0.70 4.61 181.49</div>
<div>Mdsx Low 1.00 4.54 178.63 0.70 4.61 181.49</div>
<div>Mdsx High 1.00 4.54 178.63 0.70 4.61 181.49</div>
<div>Mdsx Avg 1.00 -0.08 4.54 178.63 0.70 -0.39 4.61 181.49</div>
<div>Hensall 1.00 4.54 178.63 0.70 4.61 181.49</div>
<div>Bruce 1.00 4.54 178.63 0.70 4.61 181.49</div>
<div>Putnam 1.00 4.54 178.63 0.70 4.61 181.49</div>
<div>Burford 1.00 4.54 178.63 0.70 4.61 181.49</div>
<div>Port Perry 1.10 4.64 182.57 0.75 4.66 183.46</div>
<div>Norfolk 1.00 4.54 178.63 0.70 4.61 181.49</div>
<div>Palmerston 1.00 4.54 178.63 0.70 4.61 181.49</div>
<div>Varna 1.00 4.54 178.63 0.70 4.61 181.49</div>
<div>Trenton 1.25 4.79 188.48 0.80 4.71 185.42</div>
<div>Winchester 1.30 4.84 190.44 1.00 4.91 193.30</div>
<div>North Gower 1.27 4.81 189.26 0.87 4.78 188.18</div>
<div>Huron FOB 1.02 4.56 179.42 0.72 4.63 182.28</div>
<div>Kent FOB 1.05 4.59 180.60 0.70 4.61 181.49</div>
<div>Lamb FOB 1.00 4.54 178.63 0.70 4.61 181.49</div>
<div>Mdsx FOB 1.00 1.00 1.00 1.00 4.54 178.63 0.70 4.61 181.49</div>
<div>FOB SW Que 1.10 4.64 182.57N/A</div>
<div>Track 1.28 4.81 189.46N/A</div>
<div>PROCESSORS</div>
<div>Chat-Eth 1.20 1.20 1.20 1.20 4.74 186.51 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 N/A 1.20 1.20N/A N/A</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 1.30 1.33 1.37 0.98 4.89 192.51</div>
<div>W O Feed 1.38 4.91 193.44</div>
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</div>
<div>US Rep 1.56 5.10 200.68</div>
<div>Toledo El. -0.26 3.28 128.94 -0.33 3.58 141.05</div>
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</div>
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<div>MID SD CRN 1.00 4.53 3/4</div>
<div>HI SD CRN 1.00 4.53 3/4</div>
<div>*Wet Bid</div>
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<div>Bank of Canada Noon exchange rate was 1.3104 down 0.0034</div>
<div>Chicago soybeans closed slightly lower.</div>
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</div>
<div> NOV16 HI 9.87 NOV17 HI 9.87</div>
<div> LOW 9.71 1/2 LOW 9.77</div>
<div> CLOSE9.72 1/2 Down 5 3/4 CLOSE 9.78 1/4 Down 3</div>
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</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 2.19 11.92 437.802.15 11.93 438.44</div>
<div>CK High 2.40 12.13 445.522.30 12.08 443.96</div>
<div>CK Average 2.24 -0.6011.97 439.642.21 -0.6211.99 440.59</div>
<div>Essex Cty 2.25 11.98 440.012.25 12.03 442.12</div>
<div>Mdsx Low 2.19 11.92 437.802.13 11.91 437.71</div>
<div>Mdsx High 2.20 11.93 438.172.15 11.93 438.44</div>
<div>Mdsx Average 2.20 -0.6411.92 437.992.14 -0.6711.92 438.08</div>
<div>Hensall 2.23 11.95 439.092.15 11.93 438.44</div>
<div>Bruce 2.20 11.93 438.172.20 11.98 440.28</div>
<div>Putnam 2.30 12.03 441.842.20 11.98 440.28</div>
<div>Burford 2.25 11.98 440.012.19 11.97 439.91</div>
<div>Port Perry 2.16 11.89 436.702.10 11.88 436.61</div>
<div>Norfolk 2.20 11.93 438.172.20 11.98 440.28</div>
<div>Palmerston 2.30 12.03 441.842.25 12.03 442.12</div>
<div>Varna 2.35 12.08 443.682.20 11.98 440.28</div>
<div>Trenton 2.50 12.23 449.192.20 11.98 440.28</div>
<div>Winchester 2.62 12.35 453.602.19 11.97 439.91</div>
<div>North Gower 2.49 12.22 448.822.31 12.09 444.32</div>
<div>Huron FOB 2.35 12.08 443.682.25 12.03 442.12</div>
<div>Kent FOB 2.30 12.03 441.842.20 11.98 440.28</div>
<div>Lambton FOB 2.30 12.03 441.842.00 11.78 432.93</div>
<div>Middlesex FOB2.36 2.49 2.58 2.58 12.09 444.052.30 12.08 443.96</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 2.73 2.86 2.94 N/A 12.46 457.64 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 2.91 12.64 464.262.68 12.46 457.92</div>
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</div>
<div>Toledo El. -0.55 9.17 337.09-0.33 9.46 347.42</div>
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<div>Bank of Canada Noon exchange rate was 1.3104 down 0.0034</div>
<div>Chicago wheat closed slightly lower.</div>
<div>DEC16 HI 4.25 1/2 JUL17 HI 4.68 1/2</div>
<div> LOW 4.18 1/4 LOW 4.61 1/4</div>
<div> CLOSE 4.20 Down 3 3/4 CLOSE 4.65 1/2 Down 1 1/2</div>
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</div>
<div>Minni wheat closed slightly lower.</div>
<div>DEC16 HI 5.32 1/2 SEP17 HI 5.53 3/4</div>
<div> LOW 5.26 1/2 LOW 5.52 3/4</div>
<div> CLOSE 5.27 3/4 Down 1 1/4 CLOSE 5.52 3/4 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 0.59 0.52 0.59 0.33</div>
<div>CAD $/bu 4.79 4.72 4.79 5.61</div>
<div>CAD $/tonne 175.90 173.49 175.90 206.14</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 0.18 0.24 0.24 N/A 0.57 0.44 0.50 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 0.40 N/A N/A N/A 0.55 N/A</div>
<div>Bruce 0.25 0.10 0.25 0.30 0.60 0.20 0.50 0.45</div>
<div>Essex N/A N/A 0.15 N/A N/A N/A 0.39 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 N/A N/A N/A N/A N/A N/A</div>
<div>Palmerston N/A 0.27 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 0.50 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 0.22 N/A N/A N/A N/A</div>
<div>North Gower N/A 0.44 0.50 0.14 N/A 0.77 0.63 0.43</div>
<div><br>
</div>
<div>TERMINAL</div>
<div>Prescott N/A 0.86 0.60 0.53 N/A 0.60 0.60 0.00</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Toledo FM N/A N/A 1.31 N/A N/A N/A 1.44 N/A</div>
<div><br>
</div>
<div>Toledo El. 4.06US 5.32CA 4.46US 5.83CA</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 0.78 0.72 0.72 0.53</div>
<div>CAD $/bu 5.44 5.37 5.37 6.06</div>
<div>CAD $/tonne 199.86 197.45 197.45 222.58</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>FEED GRAINS</div>
<div>FOB Hm Soymeal 471.14</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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