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<div>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, December 5</div>
<div>(All Bases in CAD)</div>
<div>Bank of Canada Noon exchange rate was 1.3272 down 0.0026</div>
<div>Chicago corn closed moderately higher.</div>
<div><br>
</div>
<div> MAR17 HI 3.59 3/4 DEC17 HI 3.89 3/4</div>
<div> LOW 3.47 LOW 3.77 3/4</div>
<div> CLOSE3.59 1/4 Up 12 CLOSE 3.89 1/4 Up 11 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+MAY17</div>
<div>CK Low 0.60 4.19 165.05 0.80 4.69 184.74</div>
<div>CK High 0.65 4.24 167.02 0.85 4.74 186.70</div>
<div>CK Avg 0.64 -0.40 4.23 166.69 0.81 -0.33 4.70 185.06</div>
<div>Essex Cty 0.55 4.14 163.08 0.75 4.64 182.77</div>
<div>Mdsx Low 0.65 4.24 167.02 0.80 4.69 184.74</div>
<div>Mdsx High 0.65 4.24 167.02 0.80 4.69 184.74</div>
<div>Mdsx Avg 0.65 -0.40 4.24 167.02 0.80 -0.34 4.69 184.74</div>
<div>Hensall 0.65 4.24 167.02 0.83 4.72 185.72</div>
<div>Bruce 0.65 4.24 167.02 0.80 4.69 184.74</div>
<div>Putnam 0.65 4.24 167.02 0.85 4.74 186.70</div>
<div>Burford 0.65 4.24 167.02 0.80 4.69 184.74</div>
<div>Port Perry 1.05 4.64 182.77 0.85 4.74 186.70</div>
<div>Norfolk 0.70 4.29 168.99 0.80 4.69 184.74</div>
<div>Palmerston 0.80 4.39 172.93 0.80 4.69 184.74</div>
<div>Varna 0.65 4.24 167.02 0.85 4.74 186.70</div>
<div>Trenton 1.10 4.69 184.74 0.85 4.74 186.70</div>
<div>Winchester 1.15 4.74 186.70 1.10 4.99 196.55</div>
<div>North Gower 1.10 4.69 184.74 1.10 4.99 196.55</div>
<div>Huron FOB 0.85 4.44 174.89 0.85 4.74 186.70</div>
<div>Kent FOB 0.85 4.44 174.89 0.80 4.69 184.74</div>
<div>Lamb FOB 0.95 4.54 178.83 0.85 4.74 186.70</div>
<div>Mdsx FOB 0.65 0.65N/A N/A 4.24 167.02 0.80 4.69 184.74</div>
<div>FOB SW Que 1.00 4.59 180.80N/A</div>
<div>Track 1.23 4.82 189.66N/A</div>
<div>PROCESSORS</div>
<div>Chat-Eth 1.15 1.18 1.23 1.21 4.74 186.70 1.00 4.89 192.61</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 4.94 194.58</div>
<div>Sarn-Eth 1.15 1.20 1.25 1.25 4.74 186.70N/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 4.99 196.55</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 4.90 193.00 1.15 5.04 198.51</div>
<div>W O Feed 1.48 5.07 199.70</div>
<div><br>
</div>
<div>US Rep 1.61 5.20 204.81</div>
<div>Toledo El. -0.21 3.38 133.07 -0.33 3.56 140.24</div>
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</div>
<div><br>
</div>
<div>MID SD CRN 0.62 1/2 4.21 3/4</div>
<div>HI SD CRN 0.65 4.24 1/4</div>
<div>*Wet Bid</div>
<div><br>
</div>
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</div>
<div>Bank of Canada Noon exchange rate was 1.3272 down 0.0026</div>
<div>Chicago soybeans closed slightly to moderately higher.</div>
<div><br>
</div>
<div> JAN17 HI 10.49 3/4 NOV17 HI 10.31</div>
<div> LOW 10.27 3/4 LOW 10.15 1/4</div>
<div> CLOSE10.43 1/2 Up 16 CLOSE 10.24 1/2 Up 9 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 2.50 12.94 475.282.50 12.75 468.30</div>
<div>CK High 2.60 13.04 478.952.70 12.95 475.65</div>
<div>CK Average 2.57 -0.6313.01 477.912.57 -0.5512.81 470.75</div>
<div>Essex Cty 2.50 12.94 475.282.50 12.75 468.30</div>
<div>Mdsx Low 2.58 13.02 478.222.48 12.73 467.56</div>
<div>Mdsx High 2.60 13.04 478.952.55 12.80 470.14</div>
<div>Mdsx Average 2.59 -0.6213.03 478.592.52 -0.5812.76 468.85</div>
<div>Hensall 2.60 13.04 478.952.58 12.82 471.05</div>
<div>Bruce 2.60 13.04 478.952.55 12.80 470.14</div>
<div>Putnam 2.80 13.24 486.302.70 12.95 475.65</div>
<div>Burford 2.65 13.09 480.792.55 12.80 470.14</div>
<div>Port Perry 2.58 13.02 478.222.48 12.73 467.56</div>
<div>Norfolk 2.65 13.09 480.792.60 12.85 471.97</div>
<div>Palmerston 2.50 12.94 475.282.55 12.80 470.14</div>
<div>Varna 2.60 13.04 478.952.60 12.85 471.97</div>
<div>Trenton 2.55 12.99 477.122.60 12.85 471.97</div>
<div>Winchester 2.50 12.94 475.282.55 12.80 470.14</div>
<div>North Gower 2.71 13.15 483.002.69 12.94 475.28</div>
<div>Huron FOB 2.70 13.14 482.632.70 12.95 475.65</div>
<div>Kent FOB 2.70 13.14 482.632.55 12.80 470.14</div>
<div>Lambton FOB 2.55 12.99 477.122.65 12.90 473.81</div>
<div>Middlesex FOB2.70 2.84 N/A N/A 13.14 482.632.65 12.90 473.81</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Hamilton 3.16 3.22 N/A N/A 13.60 499.533.06 13.31 488.88</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 N/A 3.05 13.30 488.51</div>
<div><br>
</div>
<div>Toledo El. -0.52 9.92 364.41-0.45 9.80 359.94</div>
<div><br>
</div>
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</div>
<div>Bank of Canada Noon exchange rate was 1.3272 down 0.0026</div>
<div>Chicago wheat closed slightly higher.</div>
<div>MAR17 HI 4.10 JUL17 HI 4.35 1/4</div>
<div> LOW 4.04 1/4 LOW 4.30</div>
<div> CLOSE 4.08 1/4 Up 4 CLOSE 4.33 Up 2</div>
<div><br>
</div>
<div>Minni wheat closed slightly lower.</div>
<div>MAR17 HI 5.38 1/2 SEP17 HI 5.49 1/2</div>
<div> LOW 5.34 1/2 LOW 5.48</div>
<div> CLOSE 5.34 3/4 Down 3 3/4 CLOSE 5.48 1/4 Down 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 0.60 0.54 0.67 0.49</div>
<div>CAD $/bu 4.69 4.62 4.75 5.84</div>
<div>CAD $/tonne 172.24 169.80 174.67 214.41</div>
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</div>
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</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 0.53 0.49 0.53 N/A 0.55 0.42 0.48 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 0.40 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 0.45 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 0.50 N/A</div>
<div>Brigden N/A N/A 0.45 N/A N/A N/A 0.50 N/A</div>
<div>Palmerston N/A 0.60 0.60 0.40 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 0.06 N/A N/A N/A N/A</div>
<div>North Gower N/A 0.43 0.57 0.31 N/A 0.73 0.73 0.50</div>
<div>W O Feed 1.44</div>
<div><br>
</div>
<div>TERMINAL</div>
<div>Prescott N/A N/A N/A N/A N/A 0.85 0.94 0.79</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Toledo FM N/A N/A 1.26 N/A N/A N/A 1.39 N/A</div>
<div><br>
</div>
<div>Toledo El. 3.78US 5.02CA 4.13US 5.46CA</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 0.66 0.66 0.57</div>
<div>CAD $/bu 5.06 4.99 4.99 6.05</div>
<div>CAD $/tonne 185.88 183.45 183.45 222.40</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 496.60</div>
<div>DDG's FOB Srn & Aylm 135.00 - 155.00</div>
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</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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