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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, October 20</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.3198 up 0.0091</div>
<div>Chicago corn closed slightly lower.</div>
<div><br>
</div>
<div> DEC16 HI 3.59 1/4 DEC17 HI 3.95 1/4</div>
<div> LOW 3.49 1/4 LOW 3.86 3/4</div>
<div> CLOSE3.51 Down 6 1/2 CLOSE 3.88 1/4 Down 5 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 0.90 4.41 173.61 0.60 4.48 176.47</div>
<div>CK High 1.00 4.51 177.55 0.75 4.63 182.37</div>
<div>CK Avg 0.93 -0.15 4.44 174.93 0.69 -0.42 4.57 180.08</div>
<div>Essex Cty 1.00 4.51 177.55 0.70 4.58 180.41</div>
<div>Mdsx Low 0.90 4.41 173.61 0.70 4.58 180.41</div>
<div>Mdsx High 0.90 4.41 173.61 0.70 4.58 180.41</div>
<div>Mdsx Avg 0.90 -0.17 4.41 173.61 0.70 -0.41 4.58 180.41</div>
<div>Hensall 0.93 4.44 174.60 0.70 4.58 180.41</div>
<div>Bruce 0.90 4.41 173.61 0.70 4.58 180.41</div>
<div>Putnam 1.00 4.51 177.55 0.70 4.58 180.41</div>
<div>Burford 0.90 4.41 173.61 0.70 4.58 180.41</div>
<div>Port Perry 1.10 4.61 181.49 0.70 4.58 180.41</div>
<div>Norfolk 0.90 4.41 173.61 0.75 4.63 182.37</div>
<div>Palmerston 1.00 4.51 177.55 0.70 4.58 180.41</div>
<div>Varna 0.95 4.46 175.58 0.70 4.58 180.41</div>
<div>Trenton 1.25 4.76 187.39 0.80 4.68 184.34</div>
<div>Winchester 1.30 4.81 189.36 1.00 4.88 192.22</div>
<div>North Gower 1.20 4.71 185.42 0.89 4.77 187.89</div>
<div>Huron FOB 1.05 4.56 179.52 0.72 4.60 181.19</div>
<div>Kent FOB 1.05 4.56 179.52 0.70 4.58 180.41</div>
<div>Lamb FOB 0.90 4.41 173.61 0.70 4.58 180.41</div>
<div>Mdsx FOB 0.90 0.90 0.90 0.95 4.41 173.61 0.70 4.58 180.41</div>
<div>FOB SW Que 1.10 4.61 181.49N/A</div>
<div>Track 1.23 4.74 186.41N/A</div>
<div>PROCESSORS</div>
<div>Chat-Eth 1.05 1.05 1.10 1.20 4.56 179.52 0.90 4.78 188.28</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 4.68 184.34</div>
<div>Sarn-Eth N/A 1.10 1.15N/A N/A</div>
<div>Kawartha N/A N/A N/A N/A N/A</div>
<div>London-Ing N/A 1.20 1.15 1.23 0.90 4.78 188.28</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 4.86 191.43</div>
<div>W O Feed 1.37 4.88 192.20</div>
<div><br>
</div>
<div>US Rep 1.59 5.10 200.78</div>
<div>Toledo El. -0.34 3.17 124.65 -0.33 3.55 139.86</div>
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</div>
<div><br>
</div>
<div>MID SD CRN 0.95 4.46</div>
<div>HI SD CRN 1.00 4.51</div>
<div>*Wet Bid</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3198 up 0.0091</div>
<div>Chicago soybeans closed slightly lower.</div>
<div><br>
</div>
<div> NOV16 HI 9.89 3/4 NOV17 HI 9.91 1/2</div>
<div> LOW 9.73 1/4 LOW 9.78</div>
<div> CLOSE9.75 1/2 Down 6 CLOSE 9.80 1/2 Down 5 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 2.20 11.96 439.272.20 12.01 441.11</div>
<div>CK High 2.26 12.02 441.482.30 12.11 444.78</div>
<div>CK Average 2.22 -0.7011.97 439.942.26 -0.6612.06 443.13</div>
<div>Essex Cty 2.25 12.01 441.110.20 10.01 367.62</div>
<div>Mdsx Low 2.20 11.96 439.272.25 12.06 442.95</div>
<div>Mdsx High 2.26 12.02 441.482.26 12.07 443.31</div>
<div>Mdsx Average 2.23 -0.6911.99 440.372.26 -0.6612.06 443.13</div>
<div>Hensall 2.23 11.98 440.192.25 12.06 442.95</div>
<div>Bruce 2.20 11.96 439.272.25 12.06 442.95</div>
<div>Putnam 2.20 11.96 439.272.15 11.96 439.27</div>
<div>Burford 2.32 12.08 443.682.32 12.13 445.52</div>
<div>Port Perry 2.23 11.99 440.372.33 12.14 445.88</div>
<div>Norfolk 2.25 12.01 441.112.25 12.06 442.95</div>
<div>Palmerston 2.25 12.01 441.112.20 12.01 441.11</div>
<div>Varna 2.25 12.01 441.112.25 12.06 442.95</div>
<div>Trenton 2.50 12.26 450.292.20 12.01 441.11</div>
<div>Winchester 2.70 12.46 457.642.27 12.08 443.68</div>
<div>North Gower 2.54 12.30 451.762.39 12.20 448.09</div>
<div>Huron FOB 2.35 12.11 444.782.35 12.16 446.62</div>
<div>Kent FOB 2.20 11.96 439.272.20 12.01 441.11</div>
<div>Lambton FOB 2.50 12.26 450.292.35 12.16 446.62</div>
<div>Middlesex FOB2.43 2.56 2.65 2.59 12.19 447.722.43 12.24 449.56</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 2.72 2.84 2.94 N/A 12.48 458.38 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 2.70 12.46 457.642.67 12.48 458.38</div>
<div><br>
</div>
<div>Toledo El. -0.56 9.20 338.03-0.33 9.48 348.15</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3198 up 0.0091</div>
<div>Chicago wheat closed slightly lower.</div>
<div>DEC16 HI 4.22 3/4 JUL17 HI 4.69 1/4</div>
<div> LOW 4.15 1/4 LOW 4.63 1/4</div>
<div> CLOSE 4.17 Down 3 1/4 CLOSE 4.65 Down 2</div>
<div><br>
</div>
<div>Minni wheat closed narrowly mixed.</div>
<div>DEC16 HI 5.32 3/4 SEP17 HI 5.53 1/4</div>
<div> LOW 5.29 1/4 LOW 5.50 3/4</div>
<div> CLOSE 5.31 1/4 Up 1/2 CLOSE 5.53 1/4 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 0.62 0.55 0.62 0.39</div>
<div>CAD $/bu 4.79 4.72 4.79 5.70</div>
<div>CAD $/tonne 175.84 173.41 175.84 209.47</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 0.30 N/A N/A 0.40 0.50 N/A</div>
<div>London 0.21 0.24 0.28 N/A 0.63 0.50 0.56 N/A</div>
<div>Hensall 0.30 N/A 0.30 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 0.30 0.10 0.30 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 0.30 N/A 0.30 N/A 0.60 N/A 0.50 N/A</div>
<div>Port Hope N/A 0.30 0.30 N/A N/A 0.50 0.50 N/A</div>
<div>Kent Bridge 0.30 N/A 0.30 N/A 0.60 N/A 0.50 N/A</div>
<div>Chatham N/A 0.25 0.30 N/A N/A 0.40 0.50 N/A</div>
<div>Brigden N/A N/A 0.30 N/A N/A N/A 0.50 N/A</div>
<div>Palmerston N/A 0.26 0.25 0.30 N/A 0.40 0.45 0.40</div>
<div>Varna 0.30 0.30 0.30 N/A 0.55 0.50 0.50 N/A</div>
<div>Mitchell 0.30 0.30 0.30 N/A 0.60 0.50 0.50 N/A</div>
<div>Thornton N/A N/A N/A 0.18 N/A N/A N/A N/A</div>
<div>North Gower N/A 0.42 0.49 0.14 N/A 0.78 0.78 0.44</div>
<div><br>
</div>
<div>TERMINAL</div>
<div>Prescott N/A 0.85 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 1.34 N/A N/A N/A 1.48 N/A</div>
<div><br>
</div>
<div>Toledo El. 4.03US 5.33CA 4.45US 5.87CA</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 0.82 0.76 0.76 0.58</div>
<div>CAD $/bu 5.47 5.41 5.41 6.11</div>
<div>CAD $/tonne 201.17 198.75 198.75 224.56</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 472.46</div>
<div>DDG's FOB Srn & Aylm 185.00 - 190.00</div>
<div><br>
</div>
<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>
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