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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, October 31</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.3403 up 0.0018</div>
<div>Chicago corn closed slightly lower.</div>
<div><br>
</div>
<div> DEC16 HI 3.58 DEC17 HI 3.92 1/2</div>
<div> LOW 3.52 1/4 LOW 3.88</div>
<div> CLOSE3.54 3/4 Down 1/4 CLOSE 3.89 3/4 Down 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 0.85 4.40 173.12 0.75 4.65 182.96</div>
<div>CK High 0.90 4.45 175.09 0.80 4.70 184.93</div>
<div>CK Avg 0.89 -0.24 4.44 174.76 0.76 -0.42 4.66 183.29</div>
<div>Essex Cty 0.85 4.40 173.12 0.80 4.70 184.93</div>
<div>Mdsx Low 0.90 4.45 175.09 0.75 4.65 182.96</div>
<div>Mdsx High 0.90 4.45 175.09 0.75 4.65 182.96</div>
<div>Mdsx Avg 0.90 -0.23 4.45 175.09 0.75 -0.43 4.65 182.96</div>
<div>Hensall 0.90 4.45 175.09 0.75 4.65 182.96</div>
<div>Bruce 0.90 4.45 175.09 0.75 4.65 182.96</div>
<div>Putnam 0.90 4.45 175.09 0.75 4.65 182.96</div>
<div>Burford 0.90 4.45 175.09 0.75 4.65 182.96</div>
<div>Port Perry 1.10 4.65 182.96 0.75 4.65 182.96</div>
<div>Norfolk 0.90 4.45 175.09 0.75 4.65 182.96</div>
<div>Palmerston 0.85 4.40 173.12 0.80 4.70 184.93</div>
<div>Varna 0.90 4.45 175.09 0.75 4.65 182.96</div>
<div>Trenton 1.30 4.85 190.84 0.85 4.75 186.90</div>
<div>Winchester 1.34 4.89 192.41 1.02 4.92 193.59</div>
<div>North Gower 1.20 4.75 186.90 0.97 4.87 191.63</div>
<div>Huron FOB 0.92 4.47 175.88 0.77 4.67 183.75</div>
<div>Kent FOB 0.95 4.50 177.06 0.75 4.65 182.96</div>
<div>Lamb FOB 0.90 4.45 175.09 0.75 4.65 182.96</div>
<div>Mdsx FOB 0.95 0.95 0.95 1.00 4.50 177.06 0.75 4.65 182.96</div>
<div>FOB SW Que 1.10 4.65 182.96N/A</div>
<div>Track 1.26 4.81 189.26N/A</div>
<div>PROCESSORS</div>
<div>Chat-Eth 1.10N/A 1.15 1.25 4.65 182.96 0.90 4.80 188.87</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 4.80 188.87</div>
<div>Sarn-Eth 1.10 1.10 1.15 1.20 4.65 182.96N/A</div>
<div>Kawartha N/A N/A N/A N/A N/A</div>
<div>London-Ing N/A N/A 0.90N/A N/A</div>
<div>Pt.Colb-Ing N/A N/A N/A 1.32 N/A</div>
<div>Cardnl-Ing 1.37 1.37 1.47N/A 4.92 193.59 0.95 4.85 190.84</div>
<div>W O Feed 1.41 4.96 195.33</div>
<div><br>
</div>
<div>US Rep 1.67 5.22 205.40</div>
<div>Toledo El. -0.24 3.31 130.15 -0.33 3.56 140.26</div>
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</div>
<div><br>
</div>
<div>MID SD CRN 0.87 1/2 4.42 1/4</div>
<div>HI SD CRN 0.90 4.44 3/4</div>
<div>*Wet Bid</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3403 up 0.0018</div>
<div>Chicago soybeans closed narrowly mixed.</div>
<div><br>
</div>
<div> JAN17 HI 10.18 NOV17 HI 10.01 3/4</div>
<div> LOW 10.06 LOW 9.92</div>
<div> CLOSE10.11 3/4 Down 1/4 CLOSE 9.94 1/2 Up 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 2.32 12.44 457.002.45 12.40 455.44</div>
<div>CK High 2.40 12.52 459.942.50 12.45 457.28</div>
<div>CK Average 2.37 -0.8112.49 458.842.48 -0.6712.42 456.36</div>
<div>Essex Cty 2.40 12.52 459.942.45 12.40 455.44</div>
<div>Mdsx Low 2.32 12.44 457.002.45 12.40 455.44</div>
<div>Mdsx High 2.35 12.47 458.102.48 12.43 456.54</div>
<div>Mdsx Average 2.34 -0.8412.45 457.552.47 -0.6712.41 455.99</div>
<div>Hensall 2.35 12.47 458.102.48 12.42 456.36</div>
<div>Bruce 2.40 12.52 459.942.50 12.45 457.28</div>
<div>Putnam 2.40 12.52 459.942.50 12.45 457.28</div>
<div>Burford 2.38 12.50 459.202.54 12.49 458.75</div>
<div>Port Perry 2.29 12.41 455.902.45 12.40 455.44</div>
<div>Norfolk 2.40 12.52 459.942.45 12.40 455.44</div>
<div>Palmerston 2.40 12.52 459.942.45 12.40 455.44</div>
<div>Varna 2.35 12.47 458.102.50 12.45 457.28</div>
<div>Trenton 2.50 12.62 463.612.50 12.45 457.28</div>
<div>Winchester 2.61 12.73 467.662.54 12.49 458.75</div>
<div>North Gower 2.74 12.86 472.432.64 12.59 462.42</div>
<div>Huron FOB 2.50 12.62 463.612.65 12.60 462.79</div>
<div>Kent FOB 2.40 12.52 459.942.45 12.40 455.44</div>
<div>Lambton FOB 2.60 12.72 467.292.85 12.80 470.14</div>
<div>Middlesex FOB2.49 2.56 2.83 2.83 12.61 463.252.71 12.66 464.99</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 2.89 3.01 3.15 3.21 13.01 477.943.06 13.01 477.85</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 2.69 12.81 470.603.01 12.96 476.01</div>
<div><br>
</div>
<div>Toledo El. -0.63 9.49 348.58-0.33 9.61 353.12</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3403 up 0.0018</div>
<div>Chicago wheat closed slightly to moderately higher.</div>
<div>DEC16 HI 4.17 JUL17 HI 4.63 1/4</div>
<div> LOW 4.08 3/4 LOW 4.57 3/4</div>
<div> CLOSE 4.16 1/4 Up 7 3/4 CLOSE 4.61 1/2 Up 3 3/4</div>
<div><br>
</div>
<div>Minni wheat closed slightly higher.</div>
<div>DEC16 HI 5.29 3/4 SEP17 HI 5.55</div>
<div> LOW 5.24 3/4 LOW 5.51 1/2</div>
<div> CLOSE 5.26 3/4 Up 2 1/4 CLOSE 5.52 3/4 Up 1 1/4</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 0.68 0.62 0.68 0.46</div>
<div>CAD $/bu 4.85 4.78 4.85 5.73</div>
<div>CAD $/tonne 178.09 175.62 178.09 210.38</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 0.38 0.27 0.38 N/A 0.68 0.55 0.61 N/A</div>
<div>Hensall 0.40 N/A 0.40 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 0.53 N/A</div>
<div>Norwich 0.40 N/A 0.40 N/A 0.65 N/A 0.55 N/A</div>
<div>Port Hope N/A 0.40 0.40 N/A N/A 0.50 0.55 N/A</div>
<div>Kent Bridge 0.40 N/A 0.40 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 0.45 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 0.40 0.40 0.40 N/A 0.65 0.50 0.55 N/A</div>
<div>Thornton N/A N/A N/A 0.29 N/A N/A N/A N/A</div>
<div>North Gower N/A 0.48 0.55 0.24 N/A 0.84 0.84 0.55</div>
<div><br>
</div>
<div>TERMINAL</div>
<div>Prescott N/A 0.92 0.68 0.65 N/A 0.60 0.74 0.78</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Toledo FM N/A N/A 1.42 N/A N/A N/A 1.56 N/A</div>
<div><br>
</div>
<div>Toledo El. N/A 4.42US 5.91CA</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 0.89 0.83 0.83 0.67</div>
<div>CAD $/bu 5.51 5.44 5.44 6.19</div>
<div>CAD $/tonne 202.38 199.92 199.92 227.59</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 479.62</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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