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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, May 10</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3663 down 0.0059</u></div>
<div><u>Chicago corn closed slightly to moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL17 HI 3.74 DEC17 HI 3.91 3/4</u></div>
<div><u> LOW 3.66 LOW 3.84</u></div>
<div><u> CLOSE3.73 3/4 Up 7 1/4 CLOSE 3.91 1/2 Up 6 1/2</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 +JUL17+SEP17+SEP17</u></div>
<div><u>CK Low 0.70 4.44 174.70 0.95 4.87 191.53</u></div>
<div><u>CK High 0.80 4.54 178.63 0.95 4.87 191.53</u></div>
<div><u>CK Avg 0.74 -0.46 4.48 176.34 0.95 -0.35 4.87 191.53</u></div>
<div><u>Essex Cty 0.50 4.24 166.82 0.95 4.87 191.53</u></div>
<div><u>Mdsx Low 0.75 4.49 176.67 0.95 4.87 191.53</u></div>
<div><u>Mdsx High 0.75 4.49 176.67 0.95 4.87 191.53</u></div>
<div><u>Mdsx Avg 0.75 -0.45 4.49 176.67 0.95 -0.35 4.87 191.53</u></div>
<div><u>Hensall 0.78 4.51 177.65 0.95 4.87 191.53</u></div>
<div><u>Bruce 0.80 4.54 178.63 1.00 4.92 193.49</u></div>
<div><u>Putnam 0.75 4.49 176.67 0.90 4.82 189.56</u></div>
<div><u>Burford 0.75 4.49 176.67 1.00 4.92 193.49</u></div>
<div><u>Port Perry 1.00 4.74 186.51 1.00 4.92 193.49</u></div>
<div><u>Norfolk 0.80 4.54 178.63 1.05 4.97 195.46</u></div>
<div><u>Palmerston 0.75 4.49 176.67 0.95 4.87 191.53</u></div>
<div><u>Varna 0.80 4.54 178.63 0.95 4.87 191.53</u></div>
<div><u>Trenton 1.10 4.84 190.44 1.00 4.92 193.49</u></div>
<div><u>Winchester 1.16 4.90 192.81 1.16 5.08 199.79</u></div>
<div><u>North Gower 1.17 4.91 193.20 1.05 4.97 195.46</u></div>
<div><u>Huron FOB 1.15 4.89 192.41 1.00 4.92 193.49</u></div>
<div><u>Kent FOB 1.05 4.79 188.48 1.00 4.92 193.49</u></div>
<div><u>Lamb FOB 1.05 4.79 188.48 0.90 4.82 189.56</u></div>
<div><u>Mdsx FOB 1.00 1.00 1.00N/A 4.74 186.51 0.95 4.87 191.53</u></div>
<div><u>FOB SW Que 1.45 5.19 204.22N/A</u></div>
<div><u>Track 1.27 5.00 196.94N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A 1.30 1.06 4.98 195.86</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 1.40 1.10 5.02 197.43</u></div>
<div><u>Sarn-Eth 1.25 1.25 1.25 1.30 4.99 196.35N/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 1.40 1.20 5.12 201.37</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A 1.20 5.12 201.37</u></div>
<div><u>Cardnl-Ing N/A N/A N/A 1.60 1.36 5.28 207.67</u></div>
<div><u>W O Feed 1.50 5.24 206.19</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.78 5.52 217.21</u></div>
<div><u>Toledo El. -0.16 3.57 140.68 -0.34 3.57 140.68</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Sarnia 0.65 4.39 172.73 0.90 4.82189 5/9</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.95 4.86 1/2</u></div>
<div><u>HI SD CRN 0.95 4.86 1/2</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3663 down 0.0059</u></div>
<div><u>Chicago soybeans closed narrowly mixed.</u></div>
<div><u><br>
</u></div>
<div><u> JUL17 HI 9.89 NOV17 HI 9.80</u></div>
<div><u> LOW 9.66 3/4 LOW 9.63</u></div>
<div><u> CLOSE9.70 1/4 Down 3 3/4 CLOSE 9.66 3/4 Down 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 +JUL1+JUL1+NOV17</u></div>
<div><u>CK Low 2.94 12.64 464.532.60 12.27 450.75</u></div>
<div><u>CK High 2.95 12.65 464.902.65 12.32 452.59</u></div>
<div><u>CK Average 2.95 -0.4412.65 464.842.64 -0.6612.31 452.16</u></div>
<div><u>Essex Cty 2.95 12.65 464.902.65 12.32 452.59</u></div>
<div><u>Mdsx Low 2.94 12.64 464.532.61 12.28 451.12</u></div>
<div><u>Mdsx High 3.00 12.70 466.742.70 12.37 454.43</u></div>
<div><u>Mdsx Average 2.97 -0.4312.67 465.632.66 -0.6512.32 452.77</u></div>
<div><u>Hensall 3.00 12.70 466.742.70 12.37 454.43</u></div>
<div><u>Bruce 3.00 12.70 466.742.70 12.37 454.43</u></div>
<div><u>Putnam 2.70 12.40 455.712.60 12.27 450.75</u></div>
<div><u>Burford 3.03 12.73 467.842.70 12.37 454.43</u></div>
<div><u>Port Perry 2.94 12.64 464.532.61 12.28 451.12</u></div>
<div><u>Norfolk 3.00 12.70 466.742.70 12.37 454.43</u></div>
<div><u>Palmerston 2.95 12.65 464.902.70 12.37 454.43</u></div>
<div><u>Varna 3.00 12.70 466.742.70 12.37 454.43</u></div>
<div><u>Trenton 2.90 12.60 463.062.70 12.37 454.43</u></div>
<div><u>Winchester 2.84 12.54 460.862.80 12.47 458.10</u></div>
<div><u>North Gower 2.67 12.37 454.612.84 12.51 459.57</u></div>
<div><u>Huron FOB 3.15 12.85 472.252.80 12.47 458.10</u></div>
<div><u>Kent FOB 3.10 12.80 470.412.65 12.32 452.59</u></div>
<div><u>Lambton FOB 3.05 12.75 468.572.80 12.47 458.10</u></div>
<div><u>Middlesex FOB3.02 3.02 N/A N/A 12.72 467.472.76 12.43 456.63</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Hamilton 3.48 3.34 3.34 N/A 13.18 484.373.28 12.95 475.74</u></div>
<div><u> N/A N/A N/A</u></div>
<div><u>TRANSFER</u></div>
<div><u>Prescott 3.09 12.79 470.043.19 12.86 472.43</u></div>
<div><u>Sarnia 2.75 12.45 457.552.98 12.65 464.72</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.31 9.39 344.96-0.57 9.09 334.13</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3663 down 0.0059</u></div>
<div><u>Chicago wheat closed slightly higher.</u></div>
<div><u>JUL17 HI 4.35 3/4 JUL17 HI 4.35 3/4</u></div>
<div><u> LOW 4.26 LOW 4.26</u></div>
<div><u> CLOSE 4.31 3/4 Up 2 1/4 CLOSE 4.31 3/4 Up 2 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>JUL17 HI 5.48 1/4 SEP17 HI 5.54 1/2</u></div>
<div><u> LOW 5.39 LOW 5.46</u></div>
<div><u> CLOSE 5.45 Up 4 CLOSE 5.52 Up 3 1/2</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 0.63 0.63 0.63 0.29</u></div>
<div><u>CAD $/bu 4.94 4.94 4.94 5.74</u></div>
<div><u>CAD $/tonne 181.61 181.61 181.61 210.85</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 0.80 N/A N/A N/A 0.95 N/A</u></div>
<div><u>London 0.84 0.84 0.70 N/A 0.98 0.84 0.84 N/A</u></div>
<div><u>Hensall 0.90 N/A 0.80 N/A 1.10 N/A 0.95 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.05 N/A</u></div>
<div><u>Bruce 0.90 0.50 0.80 0.30 1.10 0.75 0.95 0.60</u></div>
<div><u>Essex N/A N/A 0.61 N/A N/A N/A 0.71 N/A</u></div>
<div><u>Norwich 0.90 N/A 0.80 N/A 1.10 N/A 0.95 N/A</u></div>
<div><u>Port Hope N/A N/A 0.85 N/A N/A 0.90 1.05 N/A</u></div>
<div><u>Kent Bridge 0.90 N/A 0.80 N/A 1.10 N/A 0.95 N/A</u></div>
<div><u>Chatham N/A N/A 0.80 N/A N/A N/A 0.90 N/A</u></div>
<div><u>Brigden N/A N/A 0.80 N/A N/A N/A 0.90 N/A</u></div>
<div><u>Palmerston N/A 0.50 0.70 0.30 N/A 0.85 0.90 0.65</u></div>
<div><u>Varna 0.90 0.85 0.80 N/A 1.30 0.95 1.00 N/A</u></div>
<div><u>Mitchell 0.90 0.80 0.80 N/A 1.10 0.95 0.95 N/A</u></div>
<div><u>Thornton N/A N/A N/A 0.38 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 0.54 0.54 0.10 N/A 1.24 1.24 0.50</u></div>
<div><u>W O Feed 1.51</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Sarnia 1.12 N/A 1.17 N/A 1.37 N/A 1.27 N/A</u></div>
<div><u>Prescott N/A N/A N/A N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.44N/A N/A N/A 1.51N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.17US 5.69CA 4.17US 5.69CA</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 1.17 1.17 1.17 0.59</u></div>
<div><u>CAD $/bu 5.49 5.49 5.49 6.11</u></div>
<div><u>CAD $/tonne 201.69 201.69 201.69 224.41</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 463.75</u></div>
<div><u>DDG's FOB Srn & Aylm 175.00 - 180.00</u></div>
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</u></div>
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</u></div>
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<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
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<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>
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