<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1">
<style type="text/css" style="display:none;"><!-- P {margin-top:0;margin-bottom:0;} --></style>
</head>
<body dir="ltr">
<div id="divtagdefaultwrapper" style="font-size:10pt;color:#000000;font-family:'Courier New',monospace;" dir="ltr">
<p></p>
<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, November 28</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.3401 down 0.0113</div>
<div>Chicago corn closed steady to slightly higher.</div>
<div><br>
</div>
<div>      MAR17   HI 3.62  1/2                    DEC17    HI 3.91</div>
<div>             LOW 3.55  3/4                            LOW 3.85  3/4</div>
<div>            CLOSE3.58  1/4  Unchanged               CLOSE 3.88   Up  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       0.60                        4.18 164.66  0.80         4.68 184.24</div>
<div>CK High      0.75                        4.33 170.56  0.85         4.73 186.21</div>
<div>CK Avg       0.65                  -0.43 4.23 166.63  0.83 -0.37   4.71 185.23</div>
<div>Essex Cty    0.60                        4.18 164.66  0.75         4.63 182.28</div>
<div>Mdsx Low     0.60                        4.18 164.66  0.80         4.68 184.24</div>
<div>Mdsx High    0.65                        4.23 166.63  0.85         4.73 186.21</div>
<div>Mdsx Avg     0.63                  -0.45 4.21 165.64  0.83 -0.37   4.71 185.23</div>
<div>Hensall      0.63                        4.21 165.64  0.83         4.71 185.23</div>
<div>Bruce        0.65                        4.23 166.63  0.85         4.73 186.21</div>
<div>Putnam       0.55                        4.13 162.69  0.85         4.73 186.21</div>
<div>Burford      0.65                        4.23 166.63  0.85         4.73 186.21</div>
<div>Port Perry   1.05                        4.63 182.37  0.80         4.68 184.24</div>
<div>Norfolk      0.70                        4.28 168.59  0.85         4.73 186.21</div>
<div>Palmerston   0.70                        4.28 168.59  0.80         4.68 184.24</div>
<div>Varna        0.65                        4.23 166.63  0.85         4.73 186.21</div>
<div>Trenton      1.10                        4.68 184.34  0.90         4.78 188.18</div>
<div>Winchester   1.14                        4.72 185.92  1.14         5.02 197.63</div>
<div>North Gower  1.10                        4.68 184.34  1.05         4.93 194.09</div>
<div>Huron FOB    0.75                        4.33 170.56  0.85         4.73 186.21</div>
<div>Kent FOB     0.65                        4.23 166.63  0.85         4.73 186.21</div>
<div>Lamb FOB     0.75                        4.33 170.56  0.85         4.73 186.21</div>
<div>Mdsx FOB     0.65  0.65  7.00 75.00      4.23 166.63  0.85         4.73 186.21</div>
<div>FOB SW Que   0.97                        4.55 179.22N/A</div>
<div>Track        1.25                        4.83 190.25N/A</div>
<div>PROCESSORS</div>
<div>Chat-Eth    N/A    1.10  1.15  1.19                   1.10         4.98 196.05</div>
<div>Jhnstwn-Eth N/A  N/A   N/A   N/A                    N/A</div>
<div>Aylmer-Eth  N/A  N/A   N/A   N/A                      1.05         4.93 194.09</div>
<div>Sarn-Eth    N/A    1.20  1.25  1.25                 N/A</div>
<div>Kawartha    N/A  N/A   N/A   N/A                    N/A</div>
<div>London-Ing  N/A  N/A     1.20  1.24                   1.10         4.98 196.05</div>
<div>Pt.Colb-Ing N/A    1.20  1.25  1.29                 N/A</div>
<div>Cardnl-Ing  N/A    1.28N/A   N/A                      1.15         5.03 198.02</div>
<div>W O Feed     1.41                        4.99 196.55</div>
<div><br>
</div>
<div>US Rep       1.61                        5.19 204.42</div>
<div>Toledo El.  -0.34                        3.25 127.83 -0.33         3.55 139.57</div>
<div><br>
</div>
<div><br>
</div>
<div>MID SD CRN   0.67   1/2                  4.25 3/4</div>
<div>HI SD CRN    0.75                        4.33 1/4</div>
<div>*Wet Bid</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3401 down 0.0113</div>
<div>Chicago soybeans closed slightly higher.</div>
<div><br>
</div>
<div>       JAN17   HI 10.65               NOV17    HI 10.43</div>
<div>              LOW 10.42  1/2                  LOW 10.22  1/2</div>
<div>             CLOSE10.56   Up 10             CLOSE 10.34   Up 7 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       2.65                     13.21 485.382.70      13.04 479.14</div>
<div>CK High      2.75                     13.31 489.062.80      13.14 482.81</div>
<div>CK Average   2.70                -0.6813.26 487.282.75 -0.5613.09 480.85</div>
<div>Essex Cty    2.65                     13.21 485.382.70      13.04 479.14</div>
<div>Mdsx Low     2.70                     13.26 487.222.71      13.05 479.51</div>
<div>Mdsx High    2.71                     13.27 487.592.75      13.09 480.98</div>
<div>Mdsx Average 2.71                -0.6713.27 487.412.73 -0.5813.07 480.24</div>
<div>Hensall      2.70                     13.26 487.222.75      13.09 480.98</div>
<div>Bruce        2.70                     13.26 487.222.75      13.09 480.98</div>
<div>Putnam       2.60                     13.16 483.552.60      12.94 475.46</div>
<div>Burford      2.78                     13.34 490.162.78      13.12 482.08</div>
<div>Port Perry   2.68                     13.24 486.492.68      13.02 478.40</div>
<div>Norfolk      2.75                     13.31 489.062.85      13.19 484.65</div>
<div>Palmerston   2.65                     13.21 485.382.70      13.04 479.14</div>
<div>Varna        2.70                     13.26 487.222.75      13.09 480.98</div>
<div>Trenton      2.65                     13.21 485.382.70      13.04 479.14</div>
<div>Winchester   2.76                     13.32 489.432.75      13.09 480.98</div>
<div>North Gower  2.79                     13.35 490.532.78      13.12 482.08</div>
<div>Huron FOB    2.80                     13.36 490.902.85      13.19 484.65</div>
<div>Kent FOB     2.85                     13.41 492.732.75      13.09 480.98</div>
<div>Lambton FOB  2.70                     13.26 487.222.95      13.29 488.32</div>
<div>Middlesex FOB2.96 3.03 3.01 3.08      13.52 496.772.88      13.22 485.75</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton     3.30 3.30 3.35  N/A      13.86 509.273.20      13.54 497.51</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     2.95                     13.51 496.413.19      13.53 497.14</div>
<div><br>
</div>
<div>Toledo El.   -0.63                     9.93 364.84-0.33     10.01 367.63</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3401 down 0.0113</div>
<div>Chicago wheat closed slightly to moderately lower.</div>
<div>DEC16      HI         3.97              JUL17   HI      4.51  1/4</div>
<div>           LOW    3.88  3/4                     LOW        4.45</div>
<div>           CLOSE  3.89  1/2  Down 6 1/4         CLOSE   4.46   Down 3 3/4</div>
<div><br>
</div>
<div>Minni wheat closed slightly to moderately higher.</div>
<div>DEC16      HI         5.43              SEP17   HI      5.50  1/4</div>
<div>           LOW        5.33                      LOW     5.44  1/2</div>
<div>           CLOSE  5.41  1/4  Up 7               CLOSE   5.48   Up 4 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                 0.59          0.53            0.59          0.51</div>
<div>CAD $/bu              4.49          4.42            4.49          5.92</div>
<div>CAD $/tonne         164.93        162.47          164.93        217.57</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    0.60    N/A    N/A     0.60   0.60    N/A</div>
<div>London      0.53    0.49   0.53    N/A    0.65    0.52   0.58    N/A</div>
<div>Hensall     0.72    N/A    0.72    N/A    0.70    N/A    0.60    N/A</div>
<div>Trenton      N/A    N/A     N/A    N/A    N/A     N/A    0.70    N/A</div>
<div>Bruce       0.60    0.45   0.60   0.55    0.70    0.55   0.60   0.55</div>
<div>Essex        N/A    N/A    0.51    N/A    N/A     N/A    0.55    N/A</div>
<div>Norwich     0.72    N/A    0.72    N/A    0.70    N/A    0.60    N/A</div>
<div>Port Hope    N/A    0.77   0.77    N/A    N/A     0.55   0.60    N/A</div>
<div>Kent Bridge 0.72    N/A    0.72    N/A    0.70    N/A    0.60    N/A</div>
<div>Chatham      N/A    N/A    0.70    N/A    N/A     N/A    0.60    N/A</div>
<div>Brigden      N/A    N/A    0.70    N/A    N/A     N/A    0.60    N/A</div>
<div>Palmerston   N/A    0.45   0.60   0.55    N/A     0.55   0.60   0.55</div>
<div>Varna       0.72    0.72   0.72    N/A    0.65    0.60   0.60    N/A</div>
<div>Mitchell    0.72    0.72   0.72    N/A    0.70    0.55   0.60    N/A</div>
<div>Thornton     N/A    N/A     N/A   -0.17   N/A     N/A     N/A    N/A</div>
<div>North Gower  N/A    0.48   0.55   0.33    N/A     0.73   0.73   0.58</div>
<div>W O Feed                   1.66</div>
<div><br>
</div>
<div>TERMINAL</div>
<div>Prescott     N/A    N/A    0.68   0.73    N/A     0.60   0.97   0.86</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Toledo FM    N/A    N/A    1.47    N/A    N/A     N/A    1.51    N/A</div>
<div><br>
</div>
<div>Toledo El. 3.80US         5.09CA        4.26US          5.70CA</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                 0.84          0.77            0.77          0.65</div>
<div>CAD $/bu              5.30          5.23            5.23          6.13</div>
<div>CAD $/tonne         194.77        192.31          192.31        225.27</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            508.06</div>
<div>DDG's FOB Srn & Aylm      150.00 - 155.00</div>
<div><br>
</div>
<br>
<p></p>
<p></p>
<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>
<span style="background:#FDFDFD">Fax.<span class="apple-converted-space"> </span></span></span><a href="callto:519-674-1530"><span style="font-size:10.0pt;line-height:115%;
font-family:"Courier New";color:#336699;text-decoration:none;text-underline:
none">519-674-1530</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"><br>
<br>
<span style="background:#FDFDFD">Click on this link:<span class="apple-converted-space"> </span></span></span><span class="object"><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span></span><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"> to
 unsubscribe from this report.</span><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333"><br>
<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
<span style="background:#FDFDFD">Grain Farmers of Ontario<o:p></o:p></span></span></p>
<br>
<p></p>
<div id="Signature">
<div id="divtagdefaultwrapper" style="font-size:12pt; color:#000000; background-color:#FFFFFF; font-family:Calibri,Arial,Helvetica,sans-serif">
<div><span style="font-family:"Courier New",monospace; font-size:10pt"></span></div>
<br>
<p></p>
<p><br>
</p>
</div>
</div>
</div>
</body>
</html>