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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, November 7</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.3383 down 0.0029</div>
<div>Chicago corn closed slightly lower.</div>
<div><br>
</div>
<div> DEC16 HI 3.49 1/2 DEC17 HI 3.87 1/4</div>
<div> LOW 3.45 LOW 3.83 3/4</div>
<div> CLOSE3.46 1/4 Down 2 1/2 CLOSE 3.84 3/4 Down 2 1/4</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 +MAR17+MAR17+MAR17</div>
<div>CK Low 0.85 4.31 169.78 0.80 4.65 182.96</div>
<div>CK High 0.90 4.36 171.74 0.80 4.65 182.96</div>
<div>CK Avg 0.86 -0.23 4.32 170.10 0.80 -0.37 4.65 182.96</div>
<div>Essex Cty 0.85 4.31 169.78 0.80 4.65 182.96</div>
<div>Mdsx Low 0.85 4.31 169.78 0.80 4.65 182.96</div>
<div>Mdsx High 0.85 4.31 169.78 0.80 4.65 182.96</div>
<div>Mdsx Avg 0.85 -0.24 4.31 169.78 0.80 -0.37 4.65 182.96</div>
<div>Hensall 0.85 4.31 169.78 0.80 4.65 182.96</div>
<div>Bruce 0.85 4.31 169.78 0.80 4.65 182.96</div>
<div>Putnam 0.85 4.31 169.78 0.80 4.65 182.96</div>
<div>Burford 0.85 4.31 169.78 0.80 4.65 182.96</div>
<div>Port Perry 1.10 4.56 179.62 0.80 4.65 182.96</div>
<div>Norfolk 0.85 4.31 169.78 0.80 4.65 182.96</div>
<div>Palmerston 0.85 4.31 169.78 0.80 4.65 182.96</div>
<div>Varna 0.85 4.31 169.78 0.80 4.65 182.96</div>
<div>Trenton 1.30 4.76 187.49 0.85 4.70 184.93</div>
<div>Winchester 1.35 4.81 189.46 1.02 4.87 191.63</div>
<div>North Gower 1.20 4.66 183.55 0.97 4.82 189.66</div>
<div>Huron FOB 0.90 4.36 171.74 0.70 4.55 179.03</div>
<div>Kent FOB 0.85 4.31 169.78 0.75 4.60 181.00</div>
<div>Lamb FOB 0.90 4.36 171.74 0.75 4.60 181.00</div>
<div>Mdsx FOB 0.85 0.90N/A N/A 4.31 169.78 0.75 4.60 181.00</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 4.75 186.90</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 4.75 186.90</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 4.75 186.90</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 4.89 192.61 0.95 4.80 188.87</div>
<div>W O Feed 1.39 4.86 191.19</div>
<div><br>
</div>
<div>US Rep 1.63 5.09 200.48</div>
<div>Toledo El. -0.24 3.22 126.84 -0.33 3.51 138.33</div>
<div><br>
</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 1.3383 down 0.0029</div>
<div>Chicago soybeans closed slightly higher.</div>
<div><br>
</div>
<div> JAN17 HI 10.01 3/4 NOV17 HI 9.90 1/2</div>
<div> LOW 9.90 LOW 9.82 3/4</div>
<div> CLOSE9.98 1/2 Up 7 3/4 CLOSE 9.88 1/4 Up 5 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 12.39 455.072.45 12.33 453.14</div>
<div>CK High 2.45 12.44 456.912.55 12.43 456.82</div>
<div>CK Average 2.42 -0.7012.41 455.932.50 -0.6112.38 454.86</div>
<div>Essex Cty 2.40 12.39 455.072.45 12.33 453.14</div>
<div>Mdsx Low 2.44 12.43 456.542.46 12.34 453.51</div>
<div>Mdsx High 2.45 12.44 456.912.50 12.38 454.98</div>
<div>Mdsx Average 2.45 -0.6812.43 456.722.48 -0.6212.36 454.24</div>
<div>Hensall 2.45 12.44 456.912.50 12.38 454.98</div>
<div>Bruce 2.45 12.44 456.912.50 12.38 454.98</div>
<div>Putnam 2.40 12.39 455.072.50 12.38 454.98</div>
<div>Burford 2.50 12.49 458.752.52 12.40 455.71</div>
<div>Port Perry 2.41 12.40 455.442.43 12.31 452.41</div>
<div>Norfolk 2.40 12.39 455.072.50 12.38 454.98</div>
<div>Palmerston 2.40 12.39 455.072.45 12.33 453.14</div>
<div>Varna 2.45 12.44 456.912.50 12.38 454.98</div>
<div>Trenton 2.50 12.49 458.752.50 12.38 454.98</div>
<div>Winchester 2.58 12.57 461.682.52 12.40 455.71</div>
<div>North Gower 2.61 12.60 462.792.59 12.47 458.29</div>
<div>Huron FOB 2.55 12.54 460.58 N/A</div>
<div>Kent FOB 2.50 12.49 458.752.50 12.38 454.98</div>
<div>Lambton FOB 2.65 12.64 464.262.80 12.68 466.00</div>
<div>Middlesex FOB2.61 2.74 N/A N/A 12.60 462.792.70 12.58 462.33</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 2.84 3.11 3.18 N/A 12.83 471.243.03 12.91 474.45</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 12.67 465.362.94 12.82 471.15</div>
<div><br>
</div>
<div>Toledo El. -0.63 9.36 343.81-0.33 9.55 350.86</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3383 down 0.0029</div>
<div>Chicago wheat closed slightly lower.</div>
<div>DEC16 HI 4.15 3/4 JUL17 HI 4.60 1/2</div>
<div> LOW 4.06 1/2 LOW 4.52 1/2</div>
<div> CLOSE 4.10 Down 4 1/4 CLOSE 4.57 1/4 Down 2 1/4</div>
<div><br>
</div>
<div>Minni wheat closed slightly lower.</div>
<div>DEC16 HI 5.10 1/2 SEP17 HI 5.39 1/4</div>
<div> LOW 5.04 LOW 5.37 3/4</div>
<div> CLOSE 5.06 1/2 Down 3 3/4 CLOSE 5.38 3/4 Down 2 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 0.64 0.58 0.64 0.37</div>
<div>CAD $/bu 4.74 4.68 4.74 5.43</div>
<div>CAD $/tonne 174.30 171.85 174.30 199.59</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 0.54 0.43 0.54 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 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 0.45 N/A N/A N/A N/A</div>
<div>North Gower N/A 0.51 0.57 0.20 N/A 0.88 0.88 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 1.38 N/A N/A N/A 1.53 N/A</div>
<div><br>
</div>
<div>Toledo El. 4.00US 5.35CA 4.37US 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 0.86 0.80 0.80 0.60</div>
<div>CAD $/bu 5.44 5.37 5.37 5.99</div>
<div>CAD $/tonne 199.78 197.33 197.33 220.14</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 479.40</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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background:#FDFDFD"> </span></span><span style="font-size:10.0pt;
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