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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, November 2</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.339 up 0.0011</div>
<div>Chicago corn closed slightly lower.</div>
<div><br>
</div>
<div> DEC16 HI 3.50 1/2 DEC17 HI 3.88</div>
<div> LOW 3.44 1/4 LOW 3.82</div>
<div> CLOSE3.46 1/4 Down 2 3/4 CLOSE 3.84 1/4 Down 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 4.31 169.78 0.75 4.59 180.80</div>
<div>CK High 0.90 4.36 171.74 0.80 4.64 182.77</div>
<div>CK Avg 0.88 -0.22 4.34 170.76 0.76 -0.40 4.60 181.13</div>
<div>Essex Cty 0.85 4.31 169.78 0.80 4.64 182.77</div>
<div>Mdsx Low 0.85 4.31 169.78 0.75 4.59 180.80</div>
<div>Mdsx High 0.90 4.36 171.74 0.75 4.59 180.80</div>
<div>Mdsx Avg 0.88 -0.22 4.34 170.76 0.75 -0.41 4.59 180.80</div>
<div>Hensall 0.88 4.34 170.76 0.75 4.59 180.80</div>
<div>Bruce 0.90 4.36 171.74 0.75 4.59 180.80</div>
<div>Putnam 0.85 4.31 169.78 0.75 4.59 180.80</div>
<div>Burford 0.90 4.36 171.74 0.75 4.59 180.80</div>
<div>Port Perry 1.10 4.56 179.62 0.75 4.59 180.80</div>
<div>Norfolk 0.90 4.36 171.74 0.75 4.59 180.80</div>
<div>Palmerston 0.85 4.31 169.78 0.80 4.64 182.77</div>
<div>Varna 0.90 4.36 171.74 0.75 4.59 180.80</div>
<div>Trenton 1.30 4.76 187.49 0.85 4.69 184.74</div>
<div>Winchester 1.34 4.80 189.07 1.02 4.86 191.43</div>
<div>North Gower 1.20 4.66 183.55 0.97 4.81 189.46</div>
<div>Huron FOB 0.92 4.38 172.53 0.77 4.61 181.59</div>
<div>Kent FOB 0.90 4.36 171.74 0.75 4.59 180.80</div>
<div>Lamb FOB 0.90 4.36 171.74 0.75 4.59 180.80</div>
<div>Mdsx FOB 0.95 0.95 1.00N/A 4.41 173.71 0.75 4.59 180.80</div>
<div>FOB SW Que 1.10 4.56 179.62N/A</div>
<div>Track 1.23 4.69 184.54N/A</div>
<div>PROCESSORS</div>
<div>Chat-Eth N/A 1.15 1.25 1.30 0.90 4.74 186.70</div>
<div>Jhnstwn-Eth N/A N/A N/A N/A N/A</div>
<div>Aylmer-Eth N/A N/A 1.10 1.15 0.90 4.74 186.70</div>
<div>Sarn-Eth 1.10 1.15 1.20N/A 4.56 179.62N/A</div>
<div>Kawartha N/A N/A N/A N/A N/A</div>
<div>London-Ing N/A N/A N/A N/A 0.90 4.74 186.70</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 4.83 190.25 0.95 4.79 188.67</div>
<div>W O Feed 1.42 4.89 192.37</div>
<div><br>
</div>
<div>US Rep 1.65 5.11 201.27</div>
<div>Toledo El. -0.24 3.22 126.83 -0.33 3.51 138.11</div>
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</div>
<div><br>
</div>
<div>MID SD CRN 0.87 1/2 4.33 3/4</div>
<div>HI SD CRN 0.90 4.36 1/4</div>
<div>*Wet Bid</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.339 up 0.0011</div>
<div>Chicago soybeans closed slightly lower.</div>
<div><br>
</div>
<div> JAN17 HI 9.95 3/4 NOV17 HI 9.85</div>
<div> LOW 9.83 LOW 9.74 3/4</div>
<div> CLOSE9.86 1/2 Down 6 3/4 CLOSE 9.78 1/2 Down 4 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 12.27 450.662.45 12.24 449.56</div>
<div>CK High 2.40 12.27 450.662.50 12.29 451.40</div>
<div>CK Average 2.40 -0.7012.27 450.662.47 -0.6212.25 450.23</div>
<div>Essex Cty 2.40 12.27 450.662.45 12.24 449.56</div>
<div>Mdsx Low 2.40 12.27 450.662.44 12.23 449.19</div>
<div>Mdsx High 2.40 12.27 450.662.45 12.24 449.56</div>
<div>Mdsx Average 2.40 -0.7012.27 450.662.45 -0.6412.23 449.38</div>
<div>Hensall 2.40 12.27 450.662.48 12.26 450.48</div>
<div>Bruce 2.35 12.22 448.822.45 12.24 449.56</div>
<div>Putnam 2.40 12.27 450.662.45 12.24 449.56</div>
<div>Burford 2.46 12.33 452.872.50 12.29 451.40</div>
<div>Port Perry 2.37 12.24 449.562.41 12.20 448.09</div>
<div>Norfolk 2.40 12.27 450.662.45 12.24 449.56</div>
<div>Palmerston 2.40 12.27 450.662.45 12.24 449.56</div>
<div>Varna 2.40 12.27 450.662.50 12.29 451.40</div>
<div>Trenton 2.50 12.37 454.342.50 12.29 451.40</div>
<div>Winchester 2.61 12.48 458.382.54 12.33 452.87</div>
<div>North Gower 2.64 12.51 459.482.64 12.43 456.54</div>
<div>Huron FOB 2.55 12.42 456.172.65 12.44 456.91</div>
<div>Kent FOB 2.50 12.37 454.342.45 12.24 449.56</div>
<div>Lambton FOB 2.65 12.52 459.852.80 12.59 462.42</div>
<div>Middlesex FOB2.57 2.70 2.70 N/A 12.44 456.912.67 12.46 457.64</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 2.76 3.08 3.15 N/A 12.63 463.893.02 12.81 470.50</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 12.56 461.322.94 12.73 467.56</div>
<div><br>
</div>
<div>Toledo El. -0.63 9.24 339.37-0.33 9.45 347.25</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.339 up 0.0011</div>
<div>Chicago wheat closed slightly higher.</div>
<div>DEC16 HI 4.20 1/4 JUL17 HI 4.64</div>
<div> LOW 4.12 LOW 4.57</div>
<div> CLOSE 4.17 3/4 Up 3 1/2 CLOSE 4.62 Up 2 1/2</div>
<div><br>
</div>
<div>Minni wheat closed narrowly mixed.</div>
<div>DEC16 HI 5.23 3/4 SEP17 HI 5.49 1/2</div>
<div> LOW 5.14 3/4 LOW 5.45</div>
<div> CLOSE 5.17 1/4 Down 2 1/4 CLOSE 5.47 Up 1/2</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 0.68 0.61 0.68 0.41</div>
<div>CAD $/bu 4.85 4.79 4.85 5.58</div>
<div>CAD $/tonne 178.36 175.90 178.36 205.16</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 0.50 N/A N/A 0.55 0.55 N/A</div>
<div>London 0.41 0.37 0.41 N/A 0.69 0.55 0.62 N/A</div>
<div>Hensall 0.50 N/A 0.50 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 0.45 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 0.50 N/A 0.50 N/A 0.65 N/A 0.55 N/A</div>
<div>Port Hope N/A 0.40 0.50 N/A N/A 0.50 0.55 N/A</div>
<div>Kent Bridge 0.50 N/A 0.50 N/A 0.65 N/A 0.55 N/A</div>
<div>Chatham N/A N/A 0.50 N/A N/A N/A 0.55 N/A</div>
<div>Brigden N/A N/A 0.50 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 0.50 0.40 0.50 N/A 0.65 0.50 0.55 N/A</div>
<div>Thornton N/A N/A N/A 0.42 N/A N/A N/A N/A</div>
<div>North Gower N/A 0.50 0.57 0.22 N/A 0.86 0.86 0.53</div>
<div><br>
</div>
<div>TERMINAL</div>
<div>Prescott N/A N/A 0.70 0.61 N/A 0.60 0.84 0.74</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Toledo FM N/A N/A 1.41 N/A N/A N/A 1.56 N/A</div>
<div><br>
</div>
<div>Toledo El. 4.08US 5.46CA 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 0.82 0.82 0.64</div>
<div>CAD $/bu 5.51 5.44 5.44 6.11</div>
<div>CAD $/tonne 202.41 199.96 199.96 224.52</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 473.67</div>
<div>DDG's FOB Srn & Aylm 150.00 - 155.00</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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