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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, November 1</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.3379 down 0.0024</div>
<div>Chicago corn closed slightly lower.</div>
<div><br>
</div>
<div> DEC16 HI 3.54 3/4 DEC17 HI 3.90</div>
<div> LOW 3.47 1/4 LOW 3.83 3/4</div>
<div> CLOSE3.49 Down 5 3/4 CLOSE 3.86 1/4 Down 3 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 +MAR17+MAR17+MAR17</div>
<div>CK Low 0.85 4.34 170.86 0.75 4.61 181.59</div>
<div>CK High 0.90 4.39 172.83 0.80 4.66 183.55</div>
<div>CK Avg 0.89 -0.22 4.38 172.50 0.76 -0.40 4.62 181.91</div>
<div>Essex Cty 0.85 4.34 170.86 0.80 4.66 183.55</div>
<div>Mdsx Low 0.90 4.39 172.83 0.75 4.61 181.59</div>
<div>Mdsx High 0.90 4.39 172.83 0.75 4.61 181.59</div>
<div>Mdsx Avg 0.90 -0.21 4.39 172.83 0.75 -0.41 4.61 181.59</div>
<div>Hensall 0.90 4.39 172.83 0.75 4.61 181.59</div>
<div>Bruce 0.90 4.39 172.83 0.75 4.61 181.59</div>
<div>Putnam 0.90 4.39 172.83 0.75 4.61 181.59</div>
<div>Burford 0.90 4.39 172.83 0.75 4.61 181.59</div>
<div>Port Perry 1.10 4.59 180.70 0.75 4.61 181.59</div>
<div>Norfolk 0.90 4.39 172.83 0.75 4.61 181.59</div>
<div>Palmerston 0.85 4.34 170.86 0.80 4.66 183.55</div>
<div>Varna 0.90 4.39 172.83 0.75 4.61 181.59</div>
<div>Trenton 1.30 4.79 188.57 0.85 4.71 185.52</div>
<div>Winchester 1.34 4.83 190.15 1.02 4.88 192.22</div>
<div>North Gower 1.20 4.69 184.64 0.97 4.83 190.25</div>
<div>Huron FOB 0.92 4.41 173.61 0.77 4.63 182.37</div>
<div>Kent FOB 0.90 4.39 172.83 0.75 4.61 181.59</div>
<div>Lamb FOB 0.90 4.39 172.83 0.75 4.61 181.59</div>
<div>Mdsx FOB 0.95 0.95 1.00N/A 4.44 174.80 0.75 4.61 181.59</div>
<div>FOB SW Que 1.10 4.59 180.70N/A</div>
<div>Track 1.26 4.75 187.00N/A</div>
<div>PROCESSORS</div>
<div>Chat-Eth N/A 1.15 1.25 1.30 0.90 4.76 187.49</div>
<div>Jhnstwn-Eth N/A N/A N/A N/A N/A</div>
<div>Aylmer-Eth N/A N/A 1.10N/A 0.90 4.76 187.49</div>
<div>Sarn-Eth 1.10 1.15 1.20N/A 4.59 180.70N/A</div>
<div>Kawartha N/A N/A N/A N/A N/A</div>
<div>London-Ing N/A N/A 1.00N/A N/A</div>
<div>Pt.Colb-Ing N/A N/A 1.32 1.37 N/A</div>
<div>Cardnl-Ing 1.37 1.47N/A N/A 4.86 191.33 0.95 4.81 189.46</div>
<div>W O Feed 1.43 4.92 193.85</div>
<div><br>
</div>
<div>US Rep 1.67 5.16 203.14</div>
<div>Toledo El. -0.24 3.25 127.91 -0.33 3.53 138.91</div>
<div><br>
</div>
<div><br>
</div>
<div>MID SD CRN 0.87 1/2 4.36 1/2</div>
<div>HI SD CRN 0.90 4.39</div>
<div>*Wet Bid</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3379 down 0.0024</div>
<div>Chicago soybeans closed moderately lower.</div>
<div><br>
</div>
<div> JAN17 HI 10.16 NOV17 HI 9.99 3/4</div>
<div> LOW 9.91 3/4 LOW 9.80</div>
<div> CLOSE9.93 1/4 Down 18 1/2 CLOSE 9.83 Down 11 1/2</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+MAR17</div>
<div>CK Low 2.40 12.33 453.142.45 12.28 451.21</div>
<div>CK High 2.45 12.38 454.982.55 12.38 454.89</div>
<div>CK Average 2.43 -0.6912.36 454.312.49 -0.6112.32 452.56</div>
<div>Essex Cty 2.40 12.33 453.142.45 12.28 451.21</div>
<div>Mdsx Low 2.44 12.37 454.612.45 12.28 451.21</div>
<div>Mdsx High 2.45 12.38 454.982.50 12.33 453.05</div>
<div>Mdsx Average 2.45 -0.6812.38 454.802.48 -0.6212.31 452.13</div>
<div>Hensall 2.43 12.36 454.062.50 12.33 453.05</div>
<div>Bruce 2.35 12.28 451.302.45 12.28 451.21</div>
<div>Putnam 2.40 12.33 453.142.45 12.28 451.21</div>
<div>Burford 2.50 12.43 456.822.51 12.34 453.42</div>
<div>Port Perry 2.41 12.34 453.512.42 12.25 450.11</div>
<div>Norfolk 2.45 12.38 454.982.45 12.28 451.21</div>
<div>Palmerston 2.40 12.33 453.142.45 12.28 451.21</div>
<div>Varna 2.40 12.33 453.142.50 12.33 453.05</div>
<div>Trenton 2.50 12.43 456.822.50 12.33 453.05</div>
<div>Winchester 2.61 12.54 460.862.54 12.37 454.52</div>
<div>North Gower 2.64 12.57 461.962.64 12.47 458.19</div>
<div>Huron FOB 2.55 12.48 458.652.65 12.48 458.56</div>
<div>Kent FOB 2.55 12.48 458.652.45 12.28 451.21</div>
<div>Lambton FOB 2.65 12.58 462.332.80 12.63 464.07</div>
<div>Middlesex FOB2.61 2.74 2.74 N/A 12.54 460.862.69 12.52 460.03</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 2.86 3.15 3.20 N/A 12.79 470.043.05 12.88 473.26</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 12.62 463.803.01 12.84 471.79</div>
<div><br>
</div>
<div>Toledo El. -0.56 9.37 344.30-0.33 9.50 348.92</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3379 down 0.0024</div>
<div>Chicago wheat closed slightly lower.</div>
<div>DEC16 HI 4.18 1/4 JUL17 HI 4.63 3/4</div>
<div> LOW 4.10 3/4 LOW 4.57</div>
<div> CLOSE 4.14 1/4 Down 2 CLOSE 4.59 1/2 Down 2</div>
<div><br>
</div>
<div>Minni wheat closed moderately lower.</div>
<div>DEC16 HI 5.30 SEP17 HI 5.54 3/4</div>
<div> LOW 5.18 3/4 LOW 5.46 1/4</div>
<div> CLOSE 5.19 1/2 Down 7 1/4 CLOSE 5.46 1/2 Down 6 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 0.67 0.60 0.67 0.42</div>
<div>CAD $/bu 4.81 4.74 4.81 5.61</div>
<div>CAD $/tonne 176.67 174.21 176.67 206.30</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 0.40 N/A N/A 0.55 0.55 N/A</div>
<div>London 0.39 0.28 0.39 N/A 0.67 0.54 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 0.45 0.45 0.45 0.30 0.65 0.55 0.55 0.45</div>
<div>Essex N/A N/A 0.49 N/A N/A N/A 0.54 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 0.50 0.50 0.50 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 0.34 N/A N/A N/A N/A</div>
<div>North Gower N/A 0.52 0.58 0.26 N/A 0.88 0.88 0.57</div>
<div><br>
</div>
<div>TERMINAL</div>
<div>Prescott N/A N/A 0.67 0.71 N/A 0.60 0.84 0.78</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Toledo FM N/A N/A 1.40 N/A N/A N/A 1.54 N/A</div>
<div><br>
</div>
<div>Toledo El. 4.04US 5.41CA 4.40US 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 0.87 0.81 0.81 0.63</div>
<div>CAD $/bu 5.47 5.40 5.40 6.10</div>
<div>CAD $/tonne 200.97 198.52 198.52 224.04</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 472.35</div>
<div>DDG's FOB Srn & Aylm 150.00 - 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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