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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, December 1</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.3331 down 0.0095</div>
<div>Chicago corn closed slightly lower.</div>
<div><br>
</div>
<div> MAR17 HI 3.49 3/4 DEC17 HI 3.80 3/4</div>
<div> LOW 3.41 3/4 LOW 3.74 1/2</div>
<div> CLOSE3.42 1/2 Down 6 CLOSE 3.75 Down 4 3/4</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+MAY17</div>
<div>CK Low 0.65 4.08 160.43 0.80 4.55 179.13</div>
<div>CK High 0.65 4.08 160.43 0.85 4.60 181.09</div>
<div>CK Avg 0.65 -0.37 4.08 160.43 0.84 -0.30 4.59 180.77</div>
<div>Essex Cty 0.70 4.13 162.39 0.75 4.50 177.16</div>
<div>Mdsx Low 0.65 4.08 160.43 0.85 4.60 181.09</div>
<div>Mdsx High 0.65 4.08 160.43 0.85 4.60 181.09</div>
<div>Mdsx Avg 0.65 -0.37 4.08 160.43 0.85 -0.29 4.60 181.09</div>
<div>Hensall 0.65 4.08 160.43 0.85 4.60 181.09</div>
<div>Bruce 0.65 4.08 160.43 0.85 4.60 181.09</div>
<div>Putnam 0.65 4.08 160.43 0.85 4.60 181.09</div>
<div>Burford 0.65 4.08 160.43 0.85 4.60 181.09</div>
<div>Port Perry 1.05 4.48 176.17 0.90 4.65 183.06</div>
<div>Norfolk 0.70 4.13 162.39 0.85 4.60 181.09</div>
<div>Palmerston 0.80 4.23 166.33 0.80 4.55 179.13</div>
<div>Varna 0.65 4.08 160.43 0.85 4.60 181.09</div>
<div>Trenton 1.10 4.53 178.14 0.90 4.65 183.06</div>
<div>Winchester 1.13 4.56 179.32 1.13 4.88 192.12</div>
<div>North Gower 1.07 4.50 176.96 0.97 4.72 185.82</div>
<div>Huron FOB 0.85 4.28 168.30 0.85 4.60 181.09</div>
<div>Kent FOB 0.85 4.28 168.30 0.85 4.60 181.09</div>
<div>Lamb FOB 0.95 4.38 172.24 0.90 4.65 183.06</div>
<div>Mdsx FOB 0.65 0.65N/A N/A 4.08 160.43 0.85 4.60 181.09</div>
<div>FOB SW Que 1.00 4.43 174.20N/A</div>
<div>Track 1.20 4.63 182.08N/A</div>
<div>PROCESSORS</div>
<div>Chat-Eth 1.10 1.15 1.19 1.18 4.53 178.14 1.10 4.85 190.94</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 4.80 188.97</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 N/A N/A 1.10 4.85 190.94</div>
<div>Pt.Colb-Ing N/A N/A N/A N/A N/A</div>
<div>Cardnl-Ing 1.31N/A N/A N/A 4.74 186.41 1.15 4.90 192.90</div>
<div>W O Feed 1.43 4.86 191.29</div>
<div><br>
</div>
<div>US Rep 1.59 5.02 197.43</div>
<div>Toledo El. -0.21 3.21 126.44 -0.33 3.42 134.55</div>
<div><br>
</div>
<div><br>
</div>
<div>MID SD CRN 0.65 4.07 1/2</div>
<div>HI SD CRN 0.65 4.07 1/2</div>
<div>*Wet Bid</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3331 down 0.0095</div>
<div>Chicago soybeans closed mixed.</div>
<div><br>
</div>
<div> JAN17 HI 10.40 NOV17 HI 10.24</div>
<div> LOW 10.22 1/4 LOW 10.08 1/2</div>
<div> CLOSE10.29 3/4 Down 2 1/2 CLOSE 10.13 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+MAR1+MAR17</div>
<div>CK Low 2.60 12.90 473.902.57 12.71 466.83</div>
<div>CK High 2.70 13.00 477.582.75 12.89 473.44</div>
<div>CK Average 2.64 -0.5912.94 475.312.65 -0.5212.78 469.58</div>
<div>Essex Cty 2.65 12.95 475.742.70 12.84 471.61</div>
<div>Mdsx Low 2.60 12.90 473.902.55 12.69 466.09</div>
<div>Mdsx High 2.63 12.93 475.002.60 12.74 467.93</div>
<div>Mdsx Average 2.62 -0.6112.91 474.452.58 -0.5712.71 467.01</div>
<div>Hensall 2.63 12.92 474.822.63 12.76 468.85</div>
<div>Bruce 2.60 12.90 473.902.60 12.74 467.93</div>
<div>Putnam 2.60 12.90 473.902.70 12.84 471.61</div>
<div>Burford 2.70 13.00 477.582.62 12.76 468.67</div>
<div>Port Perry 2.63 12.93 475.002.55 12.69 466.09</div>
<div>Norfolk 2.70 13.00 477.582.65 12.79 469.77</div>
<div>Palmerston 2.65 12.95 475.742.70 12.84 471.61</div>
<div>Varna 2.65 12.95 475.742.65 12.79 469.77</div>
<div>Trenton 2.60 12.90 473.902.65 12.79 469.77</div>
<div>Winchester 2.72 13.02 478.312.69 12.83 471.24</div>
<div>North Gower 2.81 13.11 481.622.69 12.83 471.24</div>
<div>Huron FOB 2.75 13.05 479.412.75 12.89 473.44</div>
<div>Kent FOB 2.75 13.05 479.412.60 12.74 467.93</div>
<div>Lambton FOB 2.65 12.95 475.742.75 12.89 473.44</div>
<div>Middlesex FOB2.82 2.89 N/A N/A 13.12 481.992.72 12.86 472.34</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 3.13 3.22 N/A N/A 13.43 493.383.09 13.23 485.94</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 2.93 13.23 486.033.05 13.19 484.47</div>
<div><br>
</div>
<div>Toledo El. -0.52 9.78 359.28-0.45 9.68 355.79</div>
<div><br>
</div>
<div><br>
</div>
<div>Bank of Canada Noon exchange rate was 1.3331 down 0.0095</div>
<div>Chicago wheat closed moderately lower.</div>
<div>MAR17 HI 4.04 1/2 JUL17 HI 4.34</div>
<div> LOW 3.93 LOW 4.22</div>
<div> CLOSE 3.95 1/2 Down 7 1/4 CLOSE 4.24 Down 7 1/4</div>
<div><br>
</div>
<div>Minni wheat closed slightly higher.</div>
<div>MAR17 HI 5.44 SEP17 HI 5.53 3/4</div>
<div> LOW 5.33 3/4 LOW 5.48 1/2</div>
<div> CLOSE 5.38 1/2 Up 4 CLOSE 5.49 3/4 Up 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 0.58 0.51 0.65 0.52</div>
<div>CAD $/bu 4.54 4.47 4.60 5.91</div>
<div>CAD $/tonne 166.68 164.24 169.13 217.10</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 0.45 N/A N/A 0.60 0.55 N/A</div>
<div>London 0.55 0.51 0.55 N/A 0.58 0.45 0.51 N/A</div>
<div>Hensall 0.45 N/A 0.45 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 0.45 0.45 0.45 0.40 0.70 0.55 0.60 0.55</div>
<div>Essex N/A N/A N/A N/A N/A N/A 0.56 N/A</div>
<div>Norwich 0.45 N/A 0.45 N/A 0.70 N/A 0.60 N/A</div>
<div>Port Hope N/A 0.50 0.55 N/A N/A 0.55 0.60 N/A</div>
<div>Kent Bridge 0.45 N/A 0.45 N/A 0.70 N/A 0.60 N/A</div>
<div>Chatham N/A N/A 0.45 N/A N/A N/A 0.55 N/A</div>
<div>Brigden N/A N/A 0.45 N/A N/A N/A 0.55 N/A</div>
<div>Palmerston N/A N/A N/A N/A N/A 0.60 0.60 0.60</div>
<div>Varna 0.45 0.45 0.45 N/A 0.65 0.60 0.60 N/A</div>
<div>Mitchell 0.45 0.45 0.45 N/A 0.70 0.55 0.60 N/A</div>
<div>Thornton N/A N/A N/A -0.07 N/A N/A N/A N/A</div>
<div>North Gower N/A 0.40 0.46 0.37 N/A 0.79 0.79 0.56</div>
<div>W O Feed 1.46</div>
<div><br>
</div>
<div>TERMINAL</div>
<div>Prescott N/A N/A N/A 0.75 N/A 0.85 0.85 0.81</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Toledo FM N/A N/A 1.14 N/A N/A N/A 1.40 N/A</div>
<div><br>
</div>
<div>Toledo El. 3.66US 4.87CA 4.04US 5.37CA</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 0.73 0.67 0.67 0.61</div>
<div>CAD $/bu 4.97 4.91 4.91 6.11</div>
<div>CAD $/tonne 182.69 180.25 180.25 224.58</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 489.10</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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