FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, November 11 (All Bases in CAD) Bank of Canada Noon exchange rate was 1.3475 up 0.0000 Chicago corn closed slightly lower. DEC16 HI 3.45 DEC17 HI 3.83 1/4 LOW 3.39 LOW 3.78 CLOSE3.40 1/4 Down 3 1/4 CLOSE 3.79 1/2 Down 2 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR17+MAR17+MAR17 CK Low 0.85 4.25 167.41 0.80 4.60 180.90 CK High 0.85 4.25 167.41 0.85 4.65 182.87 CK Avg 0.85 -0.26 4.25 167.41 0.81 -0.38 4.60 181.23 Essex Cty 0.85 4.25 167.41 0.80 4.60 180.90 Mdsx Low 0.85 4.25 167.41 0.80 4.60 180.90 Mdsx High 0.85 4.25 167.41 0.80 4.60 180.90 Mdsx Avg 0.85 -0.26 4.25 167.41 0.80 -0.39 4.60 180.90 Hensall 0.85 4.25 167.41 0.83 4.62 181.88 Bruce 0.85 4.25 167.41 0.80 4.60 180.90 Putnam 0.85 4.25 167.41 0.80 4.60 180.90 Burford 0.85 4.25 167.41 0.80 4.60 180.90 Port Perry 1.10 4.50 177.26 0.80 4.60 180.90 Norfolk 0.85 4.25 167.41 0.85 4.65 182.87 Palmerston 0.85 4.25 167.41 0.80 4.60 180.90 Varna 0.85 4.25 167.41 0.85 4.65 182.87 Trenton 1.30 4.70 185.13 0.85 4.65 182.87 Winchester 1.30 4.70 185.13 1.02 4.82 189.56 North Gower 1.20 4.60 181.19 0.98 4.78 187.98 Huron FOB 0.90 4.30 169.38 0.75 4.55 178.93 Kent FOB 0.85 4.25 167.41 0.85 4.65 182.87 Lamb FOB 0.90 4.30 169.38 0.90 4.70 184.83 Mdsx FOB 0.85 0.90 0.95N/A 4.25 167.41 0.75 4.55 178.93 FOB SW Que 1.10 4.50 177.26N/A Track 1.28 4.68 184.15N/A PROCESSORS Chat-Eth N/A 1.05 1.10 1.15 1.10 4.90 192.71 Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth N/A N/A 1.10 1.10 1.00 4.80 188.77 Sarn-Eth N/A 1.15 1.20 1.25 N/A Kawartha N/A N/A N/A N/A N/A London-Ing 1.20N/A N/A N/A 4.60 181.19 1.10 4.90 192.71 Pt.Colb-Ing N/A N/A 1.28 1.32 N/A Cardnl-Ing N/A 1.30N/A N/A 1.15 4.95 194.68 W O Feed 1.37 4.77 187.81 US Rep 1.67 5.07 199.70 Toledo El. -0.20 3.20 125.95 -0.34 3.46 136.12 MID SD CRN 0.85 4.25 1/4 HI SD CRN 0.85 4.25 1/4 *Wet Bid Bank of Canada Noon exchange rate was 1.3475 up 0.0000 Chicago soybeans closed slightly to moderately lower. JAN17 HI 10.18 NOV17 HI 10.10 LOW 9.77 LOW 9.76 3/4 CLOSE9.86 Down 12 CLOSE 9.84 Down 9 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR17 CK Low 2.55 12.41 455.992.60 12.44 457.09 CK High 2.60 12.46 457.832.70 12.54 460.77 CK Average 2.59 -0.6712.45 457.402.64 -0.5912.48 458.62 Essex Cty 2.55 12.41 455.992.60 12.44 457.09 Mdsx Low 2.58 12.44 457.092.63 12.47 458.19 Mdsx High 2.60 12.46 457.832.65 12.49 458.93 Mdsx Average 2.59 -0.6712.45 457.462.64 -0.5912.48 458.56 Hensall 2.60 12.46 457.832.65 12.49 458.93 Bruce 2.55 12.41 455.992.60 12.44 457.09 Putnam 2.55 12.41 455.992.60 12.44 457.09 Burford 2.61 12.47 458.192.66 12.50 459.30 Port Perry 2.55 12.41 455.992.60 12.44 457.09 Norfolk 2.60 12.46 457.832.65 12.49 458.93 Palmerston 2.55 12.41 455.992.60 12.44 457.09 Varna 2.60 12.46 457.832.65 12.49 458.93 Trenton 2.60 12.46 457.832.60 12.44 457.09 Winchester 2.75 12.61 463.342.64 12.48 458.56 North Gower 2.72 12.58 462.242.74 12.58 462.24 Huron FOB 2.70 12.56 461.502.75 12.59 462.60 Kent FOB 2.70 12.56 461.502.65 12.49 458.93 Lambton FOB 2.90 12.76 468.852.90 12.74 468.11 Middlesex FOB2.75 2.89 2.89 N/A 12.61 463.342.80 12.64 464.44 PROCESSORS Hamilton 3.15 3.30 3.35 N/A 13.01 478.043.20 13.04 479.14 Windsor N/A N/A N/A N/A N/A Winchester N/A N/A TRANSFER Prescott 2.81 12.67 465.543.05 12.89 473.63 Toledo El. -0.64 9.22 338.91-0.34 9.50 349.16 Bank of Canada Noon exchange rate was 1.3475 up 0.0000 Chicago wheat closed slightly lower to steady. DEC16 HI 4.07 1/2 JUL17 HI 4.55 1/2 LOW 4.01 LOW 4.49 3/4 CLOSE 4.03 Down 1 3/4 CLOSE 4.52 1/4 Unchanged Minni wheat closed slightly higher. DEC16 HI 5.20 1/2 SEP17 HI 5.46 LOW 5.13 3/4 LOW 5.41 1/2 CLOSE 5.20 Up 5 CLOSE 5.45 Up 3 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.68 0.61 0.68 0.49 CAD $/bu 4.71 4.64 4.71 5.69 CAD $/tonne 173.15 170.66 173.15 208.97 Direct MarkHarvest 2016 Harvest 2017 DELIVERED BASIS DELIVERED BASIS Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M) ELEVATORS Brgssvll N/A N/A 0.60 N/A N/A 0.60 0.60 N/A London 0.55 0.44 0.55 N/A 0.71 0.58 0.64 N/A Hensall 0.60 N/A 0.60 N/A 0.70 N/A 0.60 N/A Trenton N/A N/A N/A N/A N/A N/A 0.60 N/A Bruce 0.55 0.50 0.55 0.30 0.65 0.55 0.55 0.45 Essex N/A N/A 0.48 N/A N/A N/A 0.55 N/A Norwich 0.60 N/A 0.60 N/A 0.70 N/A 0.60 N/A Port Hope N/A 0.60 0.60 N/A N/A 0.50 0.60 N/A Kent Bridge 0.60 N/A 0.60 N/A 0.70 N/A 0.60 N/A Chatham N/A N/A 0.60 N/A N/A N/A 0.60 N/A Brigden N/A N/A 0.60 N/A N/A N/A 0.60 N/A Palmerston N/A 0.50 0.55 0.55 N/A 0.55 0.55 0.55 Varna 0.60 0.60 0.60 N/A 0.65 0.60 0.60 N/A Mitchell 0.60 0.60 0.60 N/A 0.70 0.55 0.60 N/A Thornton N/A N/A N/A 0.26 N/A N/A N/A N/A North Gower N/A 0.49 0.56 0.24 N/A 0.87 0.87 0.55 TERMINAL Prescott N/A N/A 0.70 0.62 N/A 0.60 0.86 0.75 PROCESSORS Toledo FM N/A N/A 1.43 N/A N/A N/A 1.58 N/A Toledo El. 3.93US 5.32CA 4.32US 5.83CA GFO Contract Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.91 0.84 0.84 0.69 CAD $/bu 5.43 5.36 5.36 6.14 CAD $/tonne 199.49 197.01 197.01 225.65 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 482.60 DDG's FOB Srn & Aylm 150.00 - 155.00