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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, December 30</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3427 down 0.0061</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR17 HI 3.53 DEC17 HI 3.81 3/4</u></div>
<div><u> LOW 3.47 3/4 LOW 3.77</u></div>
<div><u> CLOSE3.52 Up 2 1/4 CLOSE 3.80 Up 3/4</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP BASIS NEW CROP BASIS</u></div>
<div><u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt</u></div>
<div><u>ELEVATORS +MAR17+MAR17+MAY17</u></div>
<div><u>CK Low 0.65 4.17 164.17 0.80 4.60 181.09</u></div>
<div><u>CK High 0.70 4.22 166.13 0.85 4.65 183.06</u></div>
<div><u>CK Avg 0.69 -0.38 4.21 165.81 0.84 -0.34 4.64 182.73</u></div>
<div><u>Essex Cty 0.55 4.07 160.23 0.75 4.55 179.13</u></div>
<div><u>Mdsx Low 0.70 4.22 166.13 0.85 4.65 183.06</u></div>
<div><u>Mdsx High 0.70 4.22 166.13 0.90 4.70 185.03</u></div>
<div><u>Mdsx Avg 0.70 -0.38 4.22 166.13 0.88 -0.31 4.68 184.05</u></div>
<div><u>Hensall 0.70 4.22 166.13 0.90 4.70 185.03</u></div>
<div><u>Bruce 0.70 4.22 166.13 0.85 4.65 183.06</u></div>
<div><u>Putnam 0.70 4.22 166.13 0.85 4.65 183.06</u></div>
<div><u>Burford 0.70 4.22 166.13 0.85 4.65 183.06</u></div>
<div><u>Port Perry 1.15 4.67 183.85 0.95 4.75 187.00</u></div>
<div><u>Norfolk 0.80 4.32 170.07 0.85 4.65 183.06</u></div>
<div><u>Palmerston 0.80 4.32 170.07 0.80 4.60 181.09</u></div>
<div><u>Varna 0.70 4.22 166.13 0.90 4.70 185.03</u></div>
<div><u>Trenton 1.20 4.72 185.82 0.95 4.75 187.00</u></div>
<div><u>Winchester 1.20 4.72 185.82 1.10 4.90 192.90</u></div>
<div><u>North Gower 1.17 4.69 184.64 1.10 4.90 192.90</u></div>
<div><u>Huron FOB 1.00 4.52 177.94 0.90 4.70 185.03</u></div>
<div><u>Kent FOB 0.90 4.42 174.01 0.85 4.65 183.06</u></div>
<div><u>Lamb FOB 1.10 4.62 181.88 0.90 4.70 185.03</u></div>
<div><u>Mdsx FOB 0.75 0.75N/A N/A 4.27 168.10 0.85 4.65 183.06</u></div>
<div><u>FOB SW Que N/A N/A</u></div>
<div><u>Track 1.32 4.84 190.35N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth 1.15 1.21 1.27 1.27 4.67 183.85 1.05 4.85 190.94</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Aylmer-Eth N/A N/A N/A N/A 1.10 4.90 192.90</u></div>
<div><u>Sarn-Eth 1.20 1.25 1.30 1.30 4.72 185.82N/A</u></div>
<div><u>Kawartha N/A N/A N/A N/A N/A</u></div>
<div><u>London-Ing N/A N/A N/A N/A 1.05 4.85 190.94</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A N/A</u></div>
<div><u>Cardnl-Ing N/A N/A 1.43N/A 1.10 4.90 192.90</u></div>
<div><u>W O Feed 1.54 5.06 199.28</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.78 5.30 208.65</u></div>
<div><u>Toledo El. -0.13 3.39 133.29 -0.34 3.46 136.41</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.67 1/2 4.19 1/2</u></div>
<div><u>HI SD CRN 0.70 4.22</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3427 down 0.0061</u></div>
<div><u>Chicago soybeans closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAR17 HI 10.18 1/2 NOV17 HI 9.99 1/2</u></div>
<div><u> LOW 10.02 1/2 LOW 9.87 3/4</u></div>
<div><u> CLOSE10.04 Down 8 3/4 CLOSE 9.89 1/4 Down 4 1/4</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP NEW CROP</u></div>
<div><u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt</u></div>
<div><u>ELEVATORS +MAR1+MAR1+MAR17</u></div>
<div><u>CK Low 2.59 12.63 464.072.56 12.45 457.55</u></div>
<div><u>CK High 2.75 12.79 469.952.70 12.59 462.70</u></div>
<div><u>CK Average 2.67 -0.5712.71 467.142.65 -0.5412.54 460.92</u></div>
<div><u>Essex Cty 2.75 12.79 469.952.75 12.64 464.53</u></div>
<div><u>Mdsx Low 2.59 12.63 464.072.54 12.43 456.82</u></div>
<div><u>Mdsx High 2.60 12.64 464.442.60 12.49 459.02</u></div>
<div><u>Mdsx Average 2.60 -0.6312.64 464.262.57 -0.6012.46 457.92</u></div>
<div><u>Hensall 2.65 12.69 466.282.65 12.54 460.86</u></div>
<div><u>Bruce 2.60 12.64 464.442.60 12.49 459.02</u></div>
<div><u>Putnam 2.60 12.64 464.442.60 12.49 459.02</u></div>
<div><u>Burford 2.65 12.69 466.282.60 12.49 459.02</u></div>
<div><u>Port Perry 2.59 12.63 464.072.54 12.43 456.82</u></div>
<div><u>Norfolk 2.80 12.84 471.792.75 12.64 464.53</u></div>
<div><u>Palmerston 2.80 12.84 471.792.75 12.64 464.53</u></div>
<div><u>Varna 2.70 12.74 468.112.70 12.59 462.70</u></div>
<div><u>Trenton 2.68 12.72 467.382.70 12.59 462.70</u></div>
<div><u>Winchester 2.68 12.72 467.382.72 12.61 463.43</u></div>
<div><u>North Gower 2.76 12.80 470.322.84 12.73 467.84</u></div>
<div><u>Huron FOB 2.85 12.89 473.632.80 12.69 466.37</u></div>
<div><u>Kent FOB 2.85 12.89 473.632.70 12.59 462.70</u></div>
<div><u>Lambton FOB 2.75 12.79 469.952.80 12.69 466.37</u></div>
<div><u>Middlesex FOB2.82 2.82 N/A N/A 12.86 472.522.71 12.60 463.06</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Hamilton 3.15 3.15 N/A N/A 13.19 484.653.10 12.99 477.39</u></div>
<div><u>Windsor N/A N/A N/A N/A N/A</u></div>
<div><u>Winchester N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Prescott 3.03 13.07 480.243.14 13.03 478.86</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.48 9.56 351.15-0.52 9.37 344.28</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3427 down 0.0061</u></div>
<div><u>Chicago wheat closed slightly higher.</u></div>
<div><u>MAR17 HI 4.09 1/4 JUL17 HI 4.35 1/4</u></div>
<div><u> LOW 4.03 1/2 LOW 4.30 3/4</u></div>
<div><u> CLOSE 4.08 Up 3 1/4 CLOSE 4.34 1/4 Up 2 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>MAR17 HI 5.39 1/4 SEP17 HI 5.44</u></div>
<div><u> LOW 5.33 1/4 LOW 5.41</u></div>
<div><u> CLOSE 5.38 Up 2 1/2 CLOSE 5.44 Up 2 3/4</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 16 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 0.66 0.59 0.73 0.57</u></div>
<div><u>CAD $/bu 4.74 4.67 4.81 5.95</u></div>
<div><u>CAD $/tonne 174.11 171.65 176.58 218.50</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2016 Harvest 2017</u></div>
<div><u> DELIVERED BASIS DELIVERED BASIS</u></div>
<div><u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)</u></div>
<div><u>ELEVATORS</u></div>
<div><u>Brgssvll N/A N/A 0.70 N/A N/A 0.60 0.60 N/A</u></div>
<div><u>London 0.72 0.72 0.72 N/A 0.74 0.61 0.61 N/A</u></div>
<div><u>Hensall 0.70 N/A 0.70 N/A 0.70 N/A 0.60 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 0.80 N/A</u></div>
<div><u>Bruce 0.70 0.65 0.70 0.40 0.70 0.60 0.60 0.60</u></div>
<div><u>Essex N/A N/A N/A N/A N/A N/A 0.44 N/A</u></div>
<div><u>Norwich 0.70 N/A 0.70 N/A 0.70 N/A 0.60 N/A</u></div>
<div><u>Port Hope N/A 0.70 0.70 N/A N/A 0.55 0.60 N/A</u></div>
<div><u>Kent Bridge 0.70 N/A 0.70 N/A 0.70 N/A 0.60 N/A</u></div>
<div><u>Chatham N/A N/A 0.72 N/A N/A N/A 0.62 N/A</u></div>
<div><u>Brigden N/A N/A 0.72 N/A N/A N/A 0.62 N/A</u></div>
<div><u>Palmerston N/A 0.65 0.55 0.40 N/A 0.60 0.60 0.60</u></div>
<div><u>Varna 0.70 0.70 0.70 N/A 0.65 0.60 0.60 N/A</u></div>
<div><u>Mitchell 0.70 0.70 0.70 N/A 0.70 0.55 0.60 N/A</u></div>
<div><u>Thornton N/A N/A N/A 0.17 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 0.51 0.64 0.39 N/A 0.94 0.94 0.71</u></div>
<div><u>W O Feed 1.54</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Prescott N/A N/A 0.82 N/A N/A N/A 1.04 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.40 N/A N/A N/A 1.48 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 3.93US 5.28CA 4.14US 5.55CA</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 0.94 0.88 0.88 0.78</u></div>
<div><u>CAD $/bu 5.29 5.22 5.22 6.22</u></div>
<div><u>CAD $/tonne 194.20 191.74 191.74 228.56</u></div>
<div><u><br>
</u></div>
<div><u>(C)-Basis over the Chicago Board of Trade futures</u></div>
<div><u>(M)-Basis over the Minneapolis Grain Exchange</u></div>
<div><u><br>
</u></div>
<div><u>FEED GRAINS</u></div>
<div><u>FOB Hm Soymeal 517.65</u></div>
<div><u>DDG's FOB Srn & Aylm 135.00 - 140.00</u></div>
<div><br>
</div>
<div><br>
</div>
<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%;
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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;
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<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%;
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<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
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