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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, January 6</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3216 up 0.0000</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAR17 HI 3.62 1/2 DEC17 HI 3.89 3/4</u></div>
<div><u> LOW 3.56 3/4 LOW 3.84 1/2</u></div>
<div><u> CLOSE3.58 Down 3 1/4 CLOSE 3.85 1/2 Down 3</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+MAY17+MAY17</u></div>
<div><u>CK Low 0.65 4.23 166.53 0.85 4.71 185.23</u></div>
<div><u>CK High 0.70 4.28 168.50 0.85 4.71 185.23</u></div>
<div><u>CK Avg 0.69 -0.35 4.27 168.17 0.85 -0.30 4.71 185.23</u></div>
<div><u>Essex Cty 0.55 4.13 162.59 0.85 4.71 185.23</u></div>
<div><u>Mdsx Low 0.70 4.28 168.50 0.85 4.71 185.23</u></div>
<div><u>Mdsx High 0.70 4.28 168.50 0.90 4.76 187.20</u></div>
<div><u>Mdsx Avg 0.70 -0.34 4.28 168.50 0.88 -0.28 4.73 186.21</u></div>
<div><u>Hensall 0.70 4.28 168.50 0.90 4.76 187.20</u></div>
<div><u>Bruce 0.70 4.28 168.50 0.85 4.71 185.23</u></div>
<div><u>Putnam 0.70 4.28 168.50 0.85 4.71 185.23</u></div>
<div><u>Burford 0.70 4.28 168.50 0.85 4.71 185.23</u></div>
<div><u>Port Perry 1.15 4.73 186.21 0.95 4.81 189.16</u></div>
<div><u>Norfolk 0.80 4.38 172.43 0.85 4.71 185.23</u></div>
<div><u>Palmerston 0.75 4.33 170.46 0.90 4.76 187.20</u></div>
<div><u>Varna 0.70 4.28 168.50 0.90 4.76 187.20</u></div>
<div><u>Trenton 1.25 4.83 190.15 0.95 4.81 189.16</u></div>
<div><u>Winchester 1.20 4.78 188.18 1.15 5.01 197.04</u></div>
<div><u>North Gower 1.17 4.75 187.00 1.13 4.99 196.25</u></div>
<div><u>Huron FOB 1.00 4.58 180.31 0.95 4.81 189.16</u></div>
<div><u>Kent FOB 1.10 4.68 184.24 0.85 4.71 185.23</u></div>
<div><u>Lamb FOB 1.10 4.68 184.24 0.90 4.76 187.20</u></div>
<div><u>Mdsx FOB 0.75 0.75N/A N/A 4.33 170.46 0.85 4.71 185.23</u></div>
<div><u>FOB SW Que 1.23 4.81 189.36N/A</u></div>
<div><u>Track 1.35 4.93 193.89N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth 1.21 1.27 1.27 1.33 4.79 188.57 1.05 4.91 193.10</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 1.30 1.05 4.91 193.10</u></div>
<div><u>Sarn-Eth 1.25 1.30 1.30N/A 4.83 190.15N/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 1.30 1.05 4.91 193.10</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 1.54N/A 1.54 1.10 4.96 195.07</u></div>
<div><u>W O Feed 1.52 5.10 200.78</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.68 5.26 207.08</u></div>
<div><u>Toledo El. -0.13 3.45 135.73 -0.33 3.52 138.75</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Sarnia 1.00 4.58 180.31 0.95 4.81189 1/6</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.67 1/2 4.25 1/2</u></div>
<div><u>HI SD CRN 0.70 4.28</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 1.3216 up 0.0000</u></div>
<div><u>Chicago soybeans closed slightly to moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAR17 HI 10.14 3/4 NOV17 HI 9.97 3/4</u></div>
<div><u> LOW 9.93 1/2 LOW 9.81 1/4</u></div>
<div><u> CLOSE9.94 3/4 Down 17 3/4 CLOSE 9.82 1/2 Down 13 3/4</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+MAY17</u></div>
<div><u>CK Low 2.43 12.38 454.802.35 12.18 447.35</u></div>
<div><u>CK High 2.60 12.55 461.042.50 12.33 452.87</u></div>
<div><u>CK Average 2.47 -0.5612.42 456.332.42 -0.5712.24 449.80</u></div>
<div><u>Essex Cty 2.45 12.40 455.532.40 12.23 449.19</u></div>
<div><u>Mdsx Low 2.43 12.38 454.802.33 12.16 446.62</u></div>
<div><u>Mdsx High 2.45 12.40 455.532.40 12.23 449.19</u></div>
<div><u>Mdsx Average 2.44 -0.5812.39 455.162.37 -0.6112.19 447.91</u></div>
<div><u>Hensall 2.50 12.45 457.372.45 12.28 451.03</u></div>
<div><u>Bruce 2.45 12.40 455.532.40 12.23 449.19</u></div>
<div><u>Putnam 2.50 12.45 457.372.45 12.28 451.03</u></div>
<div><u>Burford 2.49 12.44 457.002.39 12.22 448.82</u></div>
<div><u>Port Perry 2.43 12.38 454.802.33 12.16 446.62</u></div>
<div><u>Norfolk 2.50 12.45 457.372.45 12.28 451.03</u></div>
<div><u>Palmerston 2.50 12.45 457.372.45 12.28 451.03</u></div>
<div><u>Varna 2.50 12.45 457.372.45 12.28 451.03</u></div>
<div><u>Trenton 2.50 12.45 457.372.45 12.28 451.03</u></div>
<div><u>Winchester 2.60 12.55 461.042.55 12.38 454.70</u></div>
<div><u>North Gower 2.46 12.41 455.902.47 12.30 451.76</u></div>
<div><u>Huron FOB 2.65 12.60 462.882.55 12.38 454.70</u></div>
<div><u>Kent FOB 2.55 12.50 459.202.40 12.23 449.19</u></div>
<div><u>Lambton FOB 2.55 12.50 459.202.65 12.48 458.38</u></div>
<div><u>Middlesex FOB2.60 2.66 N/A N/A 12.55 461.042.57 12.40 455.44</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Hamilton 2.90 2.95 N/A N/A 12.85 472.062.90 12.73 467.56</u></div>
<div><u> N/A N/A N/A</u></div>
<div><u>TRANSFER</u></div>
<div><u>Prescott 2.67 12.62 463.612.80 12.63 463.89</u></div>
<div><u>Sarnia 2.47 12.42 456.272.74 12.57 461.68</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.46 9.48 348.49-0.52 9.31 342.05</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3216 up 0.0000</u></div>
<div><u>Chicago wheat closed slightly lower.</u></div>
<div><u>MAR17 HI 4.28 JUL17 HI 4.51 1/2</u></div>
<div><u> LOW 4.21 3/4 LOW 4.46 3/4</u></div>
<div><u> CLOSE 4.23 1/4 Down 3 CLOSE 4.48 1/4 Down 1</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>MAR17 HI 5.55 3/4 SEP17 HI 5.54</u></div>
<div><u> LOW 5.45 1/2 LOW 5.47 1/2</u></div>
<div><u> CLOSE 5.52 3/4 Up 2 1/2 CLOSE 5.50 1/4 Up 1/4</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 0.64 0.57 0.71 0.53</u></div>
<div><u>CAD $/bu 4.87 4.81 4.94 6.06</u></div>
<div><u>CAD $/tonne 179.02 176.58 181.45 222.52</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 0.70 0.70 0.70 N/A 0.71 0.58 0.58 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 0.42 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 N/A 0.75 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 0.65 N/A N/A N/A 0.60 N/A</u></div>
<div><u>Brigden N/A N/A 0.65 N/A N/A N/A 0.60 N/A</u></div>
<div><u>Palmerston N/A 0.65 0.70 N/A N/A 0.60 0.60 0.60</u></div>
<div><u>Varna 0.65 0.65 0.65 N/A 0.60 0.55 0.55 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 0.14 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 0.48 0.62 0.32 N/A 0.87 0.87 0.61</u></div>
<div><u>W O Feed 1.55</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Sarnia N/A N/A 0.84 N/A 1.13 0.78 0.88 N/A</u></div>
<div><u>Prescott N/A N/A 0.77 N/A N/A N/A 0.97 0.71</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.37N/A N/A N/A 1.45N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.08US 5.40CA 4.28US 5.66CA</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 0.92 0.85 0.85 0.72</u></div>
<div><u>CAD $/bu 5.40 5.33 5.33 6.22</u></div>
<div><u>CAD $/tonne 198.42 195.99 195.99 228.55</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 480.95</u></div>
<div><u>DDG's FOB Srn & Aylm 135.00 - 140.00</u></div>
<div><br>
</div>
<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%;
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;
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<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>
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