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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, November 4</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.3412 up 0.0026</div>
<div>Chicago corn closed slightly higher.</div>
<div><br>
</div>
<div> DEC16 HI 3.49 3/4 DEC17 HI 3.87 3/4</div>
<div> LOW 3.45 1/2 LOW 3.83 3/4</div>
<div> CLOSE3.48 3/4 Up 3/4 CLOSE 3.87 Up 1</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 4.34 170.76 0.75 4.62 181.88</div>
<div>CK High 0.90 4.39 172.73 0.80 4.67 183.85</div>
<div>CK Avg 0.86 -0.25 4.35 171.09 0.79 -0.39 4.66 183.52</div>
<div>Essex Cty 0.85 4.34 170.76 0.80 4.67 183.85</div>
<div>Mdsx Low 0.85 4.34 170.76 0.80 4.67 183.85</div>
<div>Mdsx High 0.85 4.34 170.76 0.80 4.67 183.85</div>
<div>Mdsx Avg 0.85 -0.25 4.34 170.76 0.80 -0.38 4.67 183.85</div>
<div>Hensall 0.85 4.34 170.76 0.80 4.67 183.85</div>
<div>Bruce 0.85 4.34 170.76 0.80 4.67 183.85</div>
<div>Putnam 0.85 4.34 170.76 0.75 4.62 181.88</div>
<div>Burford 0.85 4.34 170.76 0.80 4.67 183.85</div>
<div>Port Perry 1.10 4.59 180.60 0.80 4.67 183.85</div>
<div>Norfolk 0.85 4.34 170.76 0.80 4.67 183.85</div>
<div>Palmerston 0.85 4.34 170.76 0.80 4.67 183.85</div>
<div>Varna 0.85 4.34 170.76 0.80 4.67 183.85</div>
<div>Trenton 1.30 4.79 188.48 0.85 4.72 185.82</div>
<div>Winchester 1.35 4.84 190.44 1.02 4.89 192.51</div>
<div>North Gower 1.20 4.69 184.54 0.97 4.84 190.54</div>
<div>Huron FOB 0.90 4.39 172.73 0.80 4.67 183.85</div>
<div>Kent FOB 0.85 4.34 170.76 0.75 4.62 181.88</div>
<div>Lamb FOB 0.90 4.39 172.73 0.75 4.62 181.88</div>
<div>Mdsx FOB 0.85 0.90 0.95N/A 4.34 170.76 0.75 4.62 181.88</div>
<div>FOB SW Que 1.10 4.59 180.60N/A</div>
<div>Track 1.23 4.71 185.52N/A</div>
<div>PROCESSORS</div>
<div>Chat-Eth N/A 1.15 1.25 1.30 0.90 4.77 187.79</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 4.77 187.79</div>
<div>Sarn-Eth 1.10 1.15 1.20N/A 4.59 180.60N/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 4.77 187.79</div>
<div>Pt.Colb-Ing N/A N/A 1.32 1.37 N/A</div>
<div>Cardnl-Ing 1.43 1.47N/A N/A 4.92 193.59 0.95 4.82 189.76</div>
<div>W O Feed 1.40 4.89 192.57</div>
<div><br>
</div>
<div>US Rep 1.65 5.14 202.25</div>
<div>Toledo El. -0.24 3.25 127.80 -0.33 3.54 139.19</div>
<div><br>
</div>
<div><br>
</div>
<div>MID SD CRN 0.87 1/2 4.36 1/4</div>
<div>HI SD CRN 0.90 4.38 3/4</div>
<div>*Wet Bid</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3412 up 0.0026</div>
<div>Chicago soybeans closed slightly higher.</div>
<div><br>
</div>
<div> JAN17 HI 9.94 3/4 NOV17 HI 9.84 3/4</div>
<div> LOW 9.84 LOW 9.76</div>
<div> CLOSE9.90 3/4 Up 1 1/4 CLOSE 9.82 1/2 Up 3/4</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+MAR17</div>
<div>CK Low 2.40 12.31 452.222.45 12.28 451.03</div>
<div>CK High 2.41 12.32 452.592.55 12.38 454.70</div>
<div>CK Average 2.40 -0.7312.31 452.282.50 -0.6212.32 452.68</div>
<div>Essex Cty 2.40 12.31 452.222.45 12.28 451.03</div>
<div>Mdsx Low 2.40 12.31 452.222.45 12.28 451.03</div>
<div>Mdsx High 2.41 12.32 452.592.50 12.33 452.87</div>
<div>Mdsx Average 2.41 -0.7212.31 452.412.48 -0.6312.30 451.95</div>
<div>Hensall 2.43 12.33 453.142.50 12.33 452.87</div>
<div>Bruce 2.40 12.31 452.222.50 12.33 452.87</div>
<div>Putnam 2.40 12.31 452.222.50 12.33 452.87</div>
<div>Burford 2.47 12.38 454.802.51 12.34 453.23</div>
<div>Port Perry 2.38 12.29 451.492.42 12.25 449.93</div>
<div>Norfolk 2.40 12.31 452.222.50 12.33 452.87</div>
<div>Palmerston 2.40 12.31 452.222.45 12.28 451.03</div>
<div>Varna 2.45 12.36 454.062.50 12.33 452.87</div>
<div>Trenton 2.50 12.41 455.902.50 12.33 452.87</div>
<div>Winchester 2.61 12.52 459.942.54 12.37 454.34</div>
<div>North Gower 2.64 12.55 461.042.64 12.47 458.01</div>
<div>Huron FOB 2.60 12.51 459.572.60 12.43 456.54</div>
<div>Kent FOB 2.50 12.41 455.902.50 12.33 452.87</div>
<div>Lambton FOB 2.65 12.56 461.412.80 12.63 463.89</div>
<div>Middlesex FOB2.44 2.71 2.78 N/A 12.35 453.692.69 12.52 459.85</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 2.83 3.10 3.16 N/A 12.74 468.023.04 12.87 472.71</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 2.68 12.59 462.512.94 12.77 469.03</div>
<div><br>
</div>
<div>Toledo El. -0.63 9.28 340.89-0.33 9.49 348.72</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3412 up 0.0026</div>
<div>Chicago wheat closed slightly higher.</div>
<div>DEC16 HI 4.15 1/4 JUL17 HI 4.60 1/4</div>
<div> LOW 4.10 1/4 LOW 4.55 3/4</div>
<div> CLOSE 4.14 1/4 Up 2 1/4 CLOSE 4.59 1/2 Up 1</div>
<div><br>
</div>
<div>Minni wheat closed slightly higher.</div>
<div>DEC16 HI 5.11 1/2 SEP17 HI 5.41 1/2</div>
<div> LOW 5.07 1/2 LOW 5.39</div>
<div> CLOSE 5.10 1/4 Up 1/2 CLOSE 5.41 Up 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 0.61 0.67 0.40</div>
<div>CAD $/bu 4.82 4.75 4.82 5.50</div>
<div>CAD $/tonne 176.96 174.50 176.96 202.08</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 0.40 0.35 0.40 N/A 0.69 0.56 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 N/A N/A N/A N/A 0.60 N/A</div>
<div>Bruce 0.50 0.45 0.50 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 0.55 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 0.55 0.55 0.55 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 0.44 N/A N/A N/A N/A</div>
<div>North Gower N/A 0.49 0.56 0.18 N/A 0.87 0.87 0.52</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 1.55 N/A</div>
<div><br>
</div>
<div>Toledo El. 4.04US 5.42CA 4.40US 5.88CA</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 0.88 0.82 0.82 0.62</div>
<div>CAD $/bu 5.48 5.41 5.41 6.03</div>
<div>CAD $/tonne 201.32 198.86 198.86 221.72</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 476.21</div>
<div>DDG's FOB Srn & Aylm 150.00 - 155.00</div>
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</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>
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background:#FDFDFD"> </span></span><span style="font-size:10.0pt;
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