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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, October 21</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.3324 up 0.0126</div>
<div>Chicago corn closed slightly higher.</div>
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<div> DEC16 HI 3.54 1/4 DEC17 HI 3.90</div>
<div> LOW 3.50 1/2 LOW 3.87 1/4</div>
<div> CLOSE3.52 1/2 Up 1 1/2 CLOSE 3.89 Up 3/4</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 0.90 4.43 174.20 0.70 4.59 180.70</div>
<div>CK High 0.90 4.43 174.20 0.75 4.64 182.67</div>
<div>CK Avg 0.90 -0.21 4.43 174.20 0.72 -0.43 4.61 181.36</div>
<div>Essex Cty 0.90 4.43 174.20 0.70 4.59 180.70</div>
<div>Mdsx Low 0.90 4.43 174.20 0.70 4.59 180.70</div>
<div>Mdsx High 0.90 4.43 174.20 0.70 4.59 180.70</div>
<div>Mdsx Avg 0.90 -0.21 4.43 174.20 0.70 -0.44 4.59 180.70</div>
<div>Hensall 0.93 4.45 175.19 0.70 4.59 180.70</div>
<div>Bruce 0.90 4.43 174.20 0.70 4.59 180.70</div>
<div>Putnam 0.90 4.43 174.20 0.70 4.59 180.70</div>
<div>Burford 0.90 4.43 174.20 0.70 4.59 180.70</div>
<div>Port Perry 1.10 4.63 182.08 0.70 4.59 180.70</div>
<div>Norfolk 0.90 4.43 174.20 0.75 4.64 182.67</div>
<div>Palmerston 0.90 4.43 174.20 0.70 4.59 180.70</div>
<div>Varna 0.95 4.48 176.17 0.75 4.64 182.67</div>
<div>Trenton 1.25 4.78 187.98 0.85 4.74 186.61</div>
<div>Winchester 1.30 4.83 189.95 1.00 4.89 192.51</div>
<div>North Gower 1.20 4.73 186.02 0.95 4.84 190.54</div>
<div>Huron FOB 1.00 4.53 178.14 0.80 4.69 184.64</div>
<div>Kent FOB 0.95 4.48 176.17 0.75 4.64 182.67</div>
<div>Lamb FOB 0.90 4.43 174.20 0.70 4.59 180.70</div>
<div>Mdsx FOB 0.90 0.90 0.90 0.95 4.43 174.20 0.70 4.59 180.70</div>
<div>FOB SW Que 1.10 4.63 182.08N/A</div>
<div>Track 1.25 4.78 187.98N/A</div>
<div>PROCESSORS</div>
<div>Chat-Eth 1.05 1.05 1.10 1.20 4.58 180.11 0.90 4.79 188.57</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 4.69 184.64</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 4.79 188.57</div>
<div>Pt.Colb-Ing 1.22N/A N/A 1.29 4.75 186.80N/A</div>
<div>Cardnl-Ing N/A 1.30 1.33N/A 0.98 4.87 191.72</div>
<div>W O Feed 1.36 4.89 192.31</div>
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</div>
<div>US Rep 1.64 5.17 203.34</div>
<div>Toledo El. -0.35 3.18 125.12 -0.33 3.56 140.04</div>
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</div>
<div>MID SD CRN 0.90 4.42 1/2</div>
<div>HI SD CRN 0.90 4.42 1/2</div>
<div>*Wet Bid</div>
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</div>
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</div>
<div>Bank of Canada Noon exchange rate was 1.3324 up 0.0126</div>
<div>Chicago soybeans closed slightly higher.</div>
<div><br>
</div>
<div> NOV16 HI 9.84 1/4 NOV17 HI 9.86 1/2</div>
<div> LOW 9.74 1/2 LOW 9.79 3/4</div>
<div> CLOSE9.83 Up 7 1/2 CLOSE 9.85 3/4 Up 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 2.29 12.12 445.332.32 12.18 447.45</div>
<div>CK High 2.30 12.13 445.702.40 12.26 450.39</div>
<div>CK Average 2.30 -0.7312.13 445.642.37 -0.6712.23 449.28</div>
<div>Essex Cty 2.35 12.18 447.542.40 12.26 450.39</div>
<div>Mdsx Low 2.29 12.12 445.332.30 12.16 446.71</div>
<div>Mdsx High 2.30 12.13 445.702.35 12.21 448.55</div>
<div>Mdsx Average 2.30 -0.7412.13 445.522.33 -0.7112.18 447.63</div>
<div>Hensall 2.30 12.13 445.702.33 12.18 447.63</div>
<div>Bruce 2.30 12.13 445.702.35 12.21 448.55</div>
<div>Putnam 2.20 12.03 442.032.25 12.11 444.87</div>
<div>Burford 2.35 12.18 447.542.36 12.22 448.92</div>
<div>Port Perry 2.26 12.09 444.232.27 12.13 445.61</div>
<div>Norfolk 2.30 12.13 445.702.35 12.21 448.55</div>
<div>Palmerston 2.25 12.08 443.862.20 12.06 443.04</div>
<div>Varna 2.30 12.13 445.702.30 12.16 446.71</div>
<div>Trenton 2.50 12.33 453.052.30 12.16 446.71</div>
<div>Winchester 2.83 12.66 465.182.40 12.26 450.39</div>
<div>North Gower 2.69 12.52 460.032.39 12.25 450.02</div>
<div>Huron FOB 2.40 12.23 449.382.40 12.26 450.39</div>
<div>Kent FOB 2.30 12.13 445.702.35 12.21 448.55</div>
<div>Lambton FOB 2.50 12.33 453.052.35 12.21 448.55</div>
<div>Middlesex FOB2.46 2.59 2.69 N/A 12.29 451.582.47 12.33 452.96</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 2.79 2.99 3.08 N/A 12.62 463.71 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 2.82 12.65 464.812.78 12.64 464.35</div>
<div><br>
</div>
<div>Toledo El. -0.56 9.27 340.61-0.33 9.52 349.97</div>
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</div>
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</div>
<div>Bank of Canada Noon exchange rate was 1.3324 up 0.0126</div>
<div>Chicago wheat closed slightly lower.</div>
<div>DEC16 HI 4.18 1/2 JUL17 HI 4.65</div>
<div> LOW 4.13 1/4 LOW 4.60 1/2</div>
<div> CLOSE 4.14 1/2 Down 2 1/2 CLOSE 4.62 1/2 Down 2 1/2</div>
<div><br>
</div>
<div>Minni wheat closed slightly lower.</div>
<div>DEC16 HI 5.33 1/2 SEP17 HI 5.53 3/4</div>
<div> LOW 5.28 1/4 LOW 5.51</div>
<div> CLOSE 5.29 Down 2 1/4 CLOSE 5.51 1/4 Down 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 0.65 0.58 0.65 0.43</div>
<div>CAD $/bu 4.79 4.73 4.79 5.72</div>
<div>CAD $/tonne 176.14 173.69 176.14 210.19</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 0.30 N/A N/A 0.40 0.50 N/A</div>
<div>London 0.25 0.28 0.32 N/A 0.67 0.54 0.61 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 N/A 0.35 N/A N/A N/A 0.58 N/A</div>
<div>Brigden N/A N/A 0.35 N/A N/A N/A 0.58 N/A</div>
<div>Palmerston N/A 0.29 0.25 0.30 N/A 0.40 0.45 0.40</div>
<div>Varna 0.35 0.35 0.35 N/A 0.60 0.55 0.55 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 0.24 N/A N/A N/A N/A</div>
<div>North Gower N/A 0.45 0.52 0.19 N/A 0.81 0.81 0.48</div>
<div><br>
</div>
<div>TERMINAL</div>
<div>Prescott N/A N/A 0.65 N/A N/A N/A 0.77 N/A</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Toledo FM N/A N/A 1.38 N/A N/A N/A 1.53 N/A</div>
<div><br>
</div>
<div>Toledo El. 4.01US 5.34CA 4.43US 5.89CA</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 0.87 0.80 0.80 0.63</div>
<div>CAD $/bu 5.49 5.42 5.42 6.14</div>
<div>CAD $/tonne 201.75 199.31 199.31 225.60</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 476.76</div>
<div>DDG's FOB Srn & Aylm 185.00 - 190.00</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>
<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%;
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background:#FDFDFD"> </span></span><span style="font-size:10.0pt;
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