<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><u></u></p>
<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, January 10</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3208 down 0.0014</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAR17 HI 3.59 1/2 DEC17 HI 3.87</u></div>
<div><u> LOW 3.57 1/4 LOW 3.85 1/2</u></div>
<div><u> CLOSE3.58 1/4 Down 1 3/4 CLOSE 3.86 1/2 Down 1</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 4.23 166.63 0.80 4.67 183.65</u></div>
<div><u>CK High 0.70 4.28 168.59 0.85 4.72 185.62</u></div>
<div><u>CK Avg 0.69 -0.35 4.27 168.27 0.82 -0.32 4.68 184.31</u></div>
<div><u>Essex Cty 0.55 4.13 162.69 0.85 4.72 185.62</u></div>
<div><u>Mdsx Low 0.70 4.28 168.59 0.85 4.72 185.62</u></div>
<div><u>Mdsx High 0.70 4.28 168.59 0.85 4.72 185.62</u></div>
<div><u>Mdsx Avg 0.70 -0.34 4.28 168.59 0.85 -0.29 4.72 185.62</u></div>
<div><u>Hensall 0.70 4.28 168.59 0.85 4.72 185.62</u></div>
<div><u>Bruce 0.70 4.28 168.59 0.85 4.72 185.62</u></div>
<div><u>Putnam 0.70 4.28 168.59 0.85 4.72 185.62</u></div>
<div><u>Burford 0.70 4.28 168.59 0.80 4.67 183.65</u></div>
<div><u>Port Perry 1.15 4.73 186.31 0.90 4.77 187.59</u></div>
<div><u>Norfolk 0.80 4.38 172.53 0.80 4.67 183.65</u></div>
<div><u>Palmerston 0.75 4.33 170.56 0.90 4.77 187.59</u></div>
<div><u>Varna 0.70 4.28 168.59 0.85 4.72 185.62</u></div>
<div><u>Trenton 1.25 4.83 190.25 0.90 4.77 187.59</u></div>
<div><u>Winchester 1.20 4.78 188.28 1.15 5.02 197.43</u></div>
<div><u>North Gower 1.22 4.80 189.07 1.10 4.97 195.46</u></div>
<div><u>Huron FOB 1.00 4.58 180.41 0.92 4.79 188.38</u></div>
<div><u>Kent FOB 1.05 4.63 182.37 0.80 4.67 183.65</u></div>
<div><u>Lamb FOB 1.10 4.68 184.34 0.85 4.72 185.62</u></div>
<div><u>Mdsx FOB 0.80 0.85N/A N/A 4.38 172.53 0.85 4.72 185.62</u></div>
<div><u>FOB SW Que 1.18 4.76 187.49N/A</u></div>
<div><u>Track 1.35 4.93 193.99N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth 1.21 1.27 1.27 1.33 4.79 188.67 1.05 4.92 193.49</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 4.92 193.49</u></div>
<div><u>Sarn-Eth 1.25 1.30 1.30N/A 4.83 190.25N/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 1.35 1.05 4.92 193.49</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 N/A 1.53 1.10 4.97 195.46</u></div>
<div><u>W O Feed 1.51 5.09 200.48</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.68 5.26 207.18</u></div>
<div><u>Toledo El. -0.13 3.45 135.83 -0.33 3.53 139.16</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Sarnia 1.00 4.58 180.41 0.95 4.82189 5/9</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.67 1/2 4.25 3/4</u></div>
<div><u>HI SD CRN 0.70 4.28 1/4</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 1.3208 down 0.0014</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR17 HI 10.15 NOV17 HI 10.00 3/4</u></div>
<div><u> LOW 9.97 1/4 LOW 9.86 3/4</u></div>
<div><u> CLOSE10.13 3/4 Up 8 1/2 CLOSE 10.00 Up 6 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+MAY17</u></div>
<div><u>CK Low 2.45 12.59 462.512.35 12.35 453.78</u></div>
<div><u>CK High 2.45 12.59 462.512.45 12.45 457.46</u></div>
<div><u>CK Average 2.45 -0.6212.59 462.512.40 -0.6112.40 455.62</u></div>
<div><u>Essex Cty 2.45 12.59 462.512.40 12.40 455.62</u></div>
<div><u>Mdsx Low 2.45 12.59 462.512.33 12.33 453.05</u></div>
<div><u>Mdsx High 2.45 12.59 462.512.40 12.40 455.62</u></div>
<div><u>Mdsx Average 2.45 -0.6212.59 462.512.37 -0.6312.37 454.34</u></div>
<div><u>Hensall 2.48 12.61 463.432.43 12.43 456.54</u></div>
<div><u>Bruce 2.45 12.59 462.512.40 12.40 455.62</u></div>
<div><u>Putnam 2.50 12.64 464.352.45 12.45 457.46</u></div>
<div><u>Burford 2.51 12.65 464.722.39 12.39 455.25</u></div>
<div><u>Port Perry 2.45 12.59 462.512.33 12.33 453.05</u></div>
<div><u>Norfolk 2.50 12.64 464.352.45 12.45 457.46</u></div>
<div><u>Palmerston 2.50 12.64 464.352.45 12.45 457.46</u></div>
<div><u>Varna 2.50 12.64 464.352.45 12.45 457.46</u></div>
<div><u>Trenton 2.50 12.64 464.352.45 12.45 457.46</u></div>
<div><u>Winchester 2.55 12.69 466.192.55 12.55 461.13</u></div>
<div><u>North Gower 2.46 12.60 462.882.52 12.52 460.03</u></div>
<div><u>Huron FOB 2.65 12.79 469.862.55 12.55 461.13</u></div>
<div><u>Kent FOB 2.55 12.69 466.192.40 12.40 455.62</u></div>
<div><u>Lambton FOB 2.45 12.59 462.512.55 12.55 461.13</u></div>
<div><u>Middlesex FOB2.62 2.66 N/A N/A 12.76 468.762.50 12.50 459.30</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Hamilton 3.00 3.05 N/A N/A 13.14 482.722.90 12.90 473.99</u></div>
<div><u> N/A N/A N/A</u></div>
<div><u>TRANSFER</u></div>
<div><u>Prescott 2.67 12.81 470.602.80 12.80 470.32</u></div>
<div><u>Sarnia 2.48 12.62 463.612.80 12.80 470.32</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.46 9.67 355.49-0.51 9.49 348.52</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3208 down 0.0014</u></div>
<div><u>Chicago wheat closed narrowly mixed.</u></div>
<div><u>MAR17 HI 4.27 1/4 JUL17 HI 4.54 1/2</u></div>
<div><u> LOW 4.23 1/2 LOW 4.50</u></div>
<div><u> CLOSE 4.26 3/4 Down 1/2 CLOSE 4.54 1/4 Up 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed mixed.</u></div>
<div><u>MAR17 HI 5.62 SEP17 HI 5.54</u></div>
<div><u> LOW 5.54 3/4 LOW 5.49 1/4</u></div>
<div><u> CLOSE 5.61 1/4 Up 1 1/2 CLOSE 5.50 Down 3 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 0.65 0.58 0.71 0.55</u></div>
<div><u>CAD $/bu 4.91 4.85 4.98 6.16</u></div>
<div><u>CAD $/tonne 180.56 178.13 182.99 226.46</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 0.72 0.59 0.59 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 0.85 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 0.43 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 0.09 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 0.48 0.61 0.35 N/A 0.89 0.89 0.62</u></div>
<div><u>W O Feed 1.51</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Sarnia N/A N/A 0.84 N/A 1.14 0.79 0.89 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. 4.12US 5.44CA 4.34US 5.73CA</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 0.93 0.86 0.86 0.71</u></div>
<div><u>CAD $/bu 5.47 5.40 5.40 6.21</u></div>
<div><u>CAD $/tonne 200.95 198.53 198.53 228.00</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 487.78</u></div>
<div><u>DDG's FOB Srn & Aylm 135.00 - 140.00</u></div>
<div><u><br>
</u></div>
<div><u></u>
<p class="MsoNormal"><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);">Blair Andrews</span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><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: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 102, 153);">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: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);">x
63577<span class="apple-converted-space"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<span style="background:#FDFDFD">Fax.<span class="apple-converted-space"> </span></span></span><a href="callto:519-674-1530"><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 102, 153);">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: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><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: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);"> to
unsubscribe from this report.</span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<span style="background: rgb(253, 253, 253);">This Farm Market News product is sponsored by:</span><br>
<span style="background: rgb(253, 253, 253);">Grain Farmers of Ontario<u><o:p></o:p></u></span></span></p>
<u></u><br>
</div>
<p></p>
<p><br>
</p>
</div>
</body>
</html>