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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, October 28</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.3385 down 0.0001</div>
<div>Chicago corn closed slightly lower.</div>
<div><br>
</div>
<div> DEC16 HI 3.58 1/4 DEC17 HI 3.93 1/4</div>
<div> LOW 3.54 1/4 LOW 3.89 1/2</div>
<div> CLOSE3.55 Down 2 1/2 CLOSE 3.90 1/4 Down 2 3/4</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 0.90 4.45 175.19 0.75 4.65 183.16</div>
<div>CK High 0.90 4.45 175.19 0.80 4.70 185.13</div>
<div>CK Avg 0.90 -0.23 4.45 175.19 0.76 -0.41 4.66 183.49</div>
<div>Essex Cty 0.90 4.45 175.19 0.80 4.70 185.13</div>
<div>Mdsx Low 0.90 4.45 175.19 0.75 4.65 183.16</div>
<div>Mdsx High 0.90 4.45 175.19 0.75 4.65 183.16</div>
<div>Mdsx Avg 0.90 -0.23 4.45 175.19 0.75 -0.42 4.65 183.16</div>
<div>Hensall 0.90 4.45 175.19 0.75 4.65 183.16</div>
<div>Bruce 0.90 4.45 175.19 0.75 4.65 183.16</div>
<div>Putnam 0.90 4.45 175.19 0.75 4.65 183.16</div>
<div>Burford 0.90 4.45 175.19 0.75 4.65 183.16</div>
<div>Port Perry 1.10 4.65 183.06 0.75 4.65 183.16</div>
<div>Norfolk 0.90 4.45 175.19 0.75 4.65 183.16</div>
<div>Palmerston 0.90 4.45 175.19 0.80 4.70 185.13</div>
<div>Varna 0.90 4.45 175.19 0.75 4.65 183.16</div>
<div>Trenton 1.30 4.85 190.94 0.85 4.75 187.10</div>
<div>Winchester 1.30 4.85 190.94 1.02 4.92 193.79</div>
<div>North Gower 1.20 4.75 187.00 0.97 4.87 191.82</div>
<div>Huron FOB 0.92 4.47 175.98 0.77 4.67 183.95</div>
<div>Kent FOB 0.95 4.50 177.16 0.75 4.65 183.16</div>
<div>Lamb FOB 0.90 4.45 175.19 0.75 4.65 183.16</div>
<div>Mdsx FOB 0.95 0.95 0.95 0.95 4.50 177.16 0.75 4.65 183.16</div>
<div>FOB SW Que 1.10 4.65 183.06N/A</div>
<div>Track 1.26 4.81 189.36N/A</div>
<div>PROCESSORS</div>
<div>Chat-Eth N/A 1.10 1.15 1.25 0.90 4.80 189.07</div>
<div>Jhnstwn-Eth N/A N/A N/A N/A N/A</div>
<div>Aylmer-Eth N/A N/A N/A N/A 0.90 4.80 189.07</div>
<div>Sarn-Eth N/A 1.10 1.15 1.20 N/A</div>
<div>Kawartha N/A N/A N/A N/A N/A</div>
<div>London-Ing N/A N/A 0.92N/A N/A</div>
<div>Pt.Colb-Ing 1.30N/A N/A 1.33 4.85 190.94N/A</div>
<div>Cardnl-Ing N/A 1.30N/A N/A 0.98 4.88 192.22</div>
<div>W O Feed 1.40 4.95 194.87</div>
<div><br>
</div>
<div>US Rep 1.66 5.21 205.11</div>
<div>Toledo El. -0.24 3.31 130.27 -0.33 3.57 140.50</div>
<div><br>
</div>
<div><br>
</div>
<div>MID SD CRN 0.90 4.45</div>
<div>HI SD CRN 0.90 4.45</div>
<div>*Wet Bid</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3385 down 0.0001</div>
<div>Chicago soybeans closed slightly to moderately lower.</div>
<div><br>
</div>
<div> JAN17 HI 10.28 NOV17 HI 10.06 3/4</div>
<div> LOW 10.10 LOW 9.92 3/4</div>
<div> CLOSE10.12 Down 13 CLOSE 9.94 1/4 Down 9 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 +JAN1+JAN1+JAN17</div>
<div>CK Low 2.38 12.50 459.302.45 12.39 455.35</div>
<div>CK High 2.40 12.52 460.032.55 12.49 459.02</div>
<div>CK Average 2.40 -0.7712.52 459.912.51 -0.6212.45 457.37</div>
<div>Essex Cty 2.40 12.52 460.032.45 12.39 455.35</div>
<div>Mdsx Low 2.38 12.50 459.302.50 12.44 457.18</div>
<div>Mdsx High 2.40 12.52 460.032.51 12.45 457.55</div>
<div>Mdsx Average 2.39 -0.7712.51 459.662.51 -0.6212.45 457.37</div>
<div>Hensall 2.38 12.50 459.112.50 12.44 457.18</div>
<div>Bruce 2.40 12.52 460.032.50 12.44 457.18</div>
<div>Putnam 2.40 12.52 460.032.50 12.44 457.18</div>
<div>Burford 2.44 12.56 461.502.57 12.51 459.76</div>
<div>Port Perry 2.35 12.47 458.192.48 12.42 456.45</div>
<div>Norfolk 2.40 12.52 460.032.50 12.44 457.18</div>
<div>Palmerston 2.40 12.52 460.032.45 12.39 455.35</div>
<div>Varna 2.35 12.47 458.192.50 12.44 457.18</div>
<div>Trenton 2.50 12.62 463.712.45 12.39 455.35</div>
<div>Winchester 2.89 13.01 478.042.60 12.54 460.86</div>
<div>North Gower 2.74 12.86 472.522.64 12.58 462.33</div>
<div>Huron FOB 2.50 12.62 463.712.65 12.59 462.70</div>
<div>Kent FOB 2.40 12.52 460.032.50 12.44 457.18</div>
<div>Lambton FOB 2.60 12.72 467.382.85 12.79 470.04</div>
<div>Middlesex FOB2.55 2.62 2.89 2.89 12.67 465.542.75 12.69 466.37</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 2.94 3.08 3.21 3.27 13.06 479.873.09 13.03 478.86</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 2.67 12.79 469.952.99 12.93 475.19</div>
<div><br>
</div>
<div>Toledo El. -0.63 9.49 348.73-0.33 9.61 353.06</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3385 down 0.0001</div>
<div>Chicago wheat closed slightly to moderately lower.</div>
<div>DEC16 HI 4.17 1/2 JUL17 HI 4.65</div>
<div> LOW 4.07 1/4 LOW 4.56 1/2</div>
<div> CLOSE 4.08 1/2 Down 6 CLOSE 4.57 3/4 Down 4 3/4</div>
<div><br>
</div>
<div>Minni wheat closed slightly lower.</div>
<div>DEC16 HI 5.27 1/2 SEP17 HI 5.52 1/2</div>
<div> LOW 5.23 1/2 LOW 5.50 3/4</div>
<div> CLOSE 5.24 1/2 Down 1 CLOSE 5.51 1/2 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 0.65 0.58 0.65 0.44</div>
<div>CAD $/bu 4.73 4.67 4.73 5.68</div>
<div>CAD $/tonne 173.87 171.41 173.87 208.79</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 0.35 N/A N/A 0.55 0.55 N/A</div>
<div>London 0.40 0.29 0.40 N/A 0.69 0.56 0.60 N/A</div>
<div>Hensall 0.35 N/A 0.35 N/A 0.65 N/A 0.55 N/A</div>
<div>Trenton N/A N/A 0.40 N/A N/A N/A 0.60 N/A</div>
<div>Bruce 0.35 0.45 0.35 0.30 0.65 0.55 0.55 0.45</div>
<div>Essex N/A N/A 0.48 N/A N/A N/A 0.55 N/A</div>
<div>Norwich 0.35 N/A 0.35 N/A 0.65 N/A 0.55 N/A</div>
<div>Port Hope N/A 0.35 0.35 N/A N/A 0.50 0.55 N/A</div>
<div>Kent Bridge 0.35 N/A 0.35 N/A 0.65 N/A 0.55 N/A</div>
<div>Chatham N/A N/A 0.40 N/A N/A N/A 0.55 N/A</div>
<div>Brigden N/A N/A 0.40 N/A N/A N/A 0.55 N/A</div>
<div>Palmerston N/A 0.45 0.46 0.30 N/A 0.55 0.55 0.40</div>
<div>Varna 0.45 0.45 0.45 N/A 0.60 0.55 0.55 N/A</div>
<div>Mitchell 0.35 0.35 0.35 N/A 0.65 0.50 0.55 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 0.50 0.57 0.24 N/A 0.87 0.87 0.55</div>
<div><br>
</div>
<div>TERMINAL</div>
<div>Prescott N/A 0.92 0.68 0.63 N/A 0.60 0.83 0.76</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. 3.98US 5.32CA 4.38US 5.84CA</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 0.65</div>
<div>CAD $/bu 5.44 5.38 5.38 6.16</div>
<div>CAD $/tonne 200.02 197.56 197.56 226.38</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 492.19</div>
<div>DDG's FOB Srn & Aylm 175.00 - 180.00</div>
<div><br>
</div>
<div><span id="ms-rterangepaste-start"></span>
<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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