FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, September 18 (All Bases in CAD) Exchange rate was 1.2302 up 0.0118 Chicago corn closed slightly lower. DEC17 HI 3.55 1/2 DEC17 HI 3.55 1/2 LOW 3.50 1/2 LOW 3.50 1/2 CLOSE3.51 1/2 Down 3 1/4 CLOSE 3.51 1/2 Down 3 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +DEC17+DEC17+MAR18 CK Low 0.70 4.22 165.94 0.60 4.12 162.00 CK High 0.75 4.27 167.91 0.65 4.17 163.97 CK Avg 0.71 -0.08 4.22 166.27 0.61 -0.14 4.12 162.33 Essex Cty 0.75 4.27 167.91 0.60 4.12 162.00 Mdsx Low 0.70 4.22 165.94 0.60 4.12 162.00 Mdsx High 0.70 4.22 165.94 0.60 4.12 162.00 Mdsx Avg 0.70 -0.09 4.22 165.94 0.60 -0.15 4.12 162.00 Hensall 0.70 4.22 165.94 0.63 4.14 162.98 Bruce 0.70 4.22 165.94 0.65 4.17 163.97 Putnam 0.70 4.22 165.94 0.60 4.12 162.00 Burford 0.80 4.32 169.87 0.70 4.22 165.94 Port Perry 0.90 4.42 173.81 0.75 4.27 167.91 Norfolk 0.80 4.32 169.87 0.70 4.22 165.94 Palmerston 0.75 4.27 167.91 0.60 4.12 162.00 Varna 0.70 4.22 165.94 0.65 4.17 163.97 Trenton 1.10 4.62 181.68 0.75 4.27 167.91 Winchester N/A 1.05 4.57 179.72 North Gower 1.06 4.58 180.11 1.04 4.56 179.32 Huron FOB 1.10 4.62 181.68 0.72 4.24 166.72 Kent FOB 1.00 4.52 177.75 0.65 4.17 163.97 Lamb FOB 0.90 4.42 173.81 0.70 4.22 165.94 Mdsx FOB 0.90N/A N/A N/A 4.42 173.81 0.70 4.22 165.94 FOB SW Que 1.52 5.04 198.22N/A Track 1.30 4.82 189.56N/A PROCESSORS Chat-Eth N/A N/A N/A 0.80 N/A Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth N/A N/A 0.80 0.80 0.80 4.32 169.87 Sarn-Eth 1.10N/A 0.90 0.95 4.62 181.68 0.90 4.42 173.81 Kawartha N/A N/A N/A N/A N/A London-Ing N/A 1.10 0.80 0.80 0.90 4.42 173.81 Pt.Colb-Ing N/A 0.90 0.85N/A 0.90 4.42 173.81 Cardnl-Ing N/A 1.45 1.05 1.10 1.05 4.57 179.72 W O Feed 1.44 4.95 194.99 US Rep 1.27 4.79 188.38 Toledo El. -0.26 3.26 128.21 -0.27 3.25 127.80 TRANSFER Sarnia N/A N/A MID SD CRN 0.62 1/2 4.14 HI SD CRN 0.65 4.16 1/2 *Wet Bid Exchange rate was 1.2302 up 0.0118 Chicago soybeans closed slightly lower. NOV17 HI 9.76 1/2 NOV17 HI 9.76 1/2 LOW 9.66 LOW 9.66 CLOSE9.67 3/4 Down 1 CLOSE 9.67 3/4 Down 1 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +NOV1+NOV1+JAN18 CK Low 1.35 11.03 405.191.30 10.98 403.35 CK High 1.45 11.13 408.871.40 11.08 407.03 CK Average 1.41 -0.6711.08 407.271.37 -0.6411.04 405.74 Essex Cty 1.35 11.03 405.191.35 11.03 405.19 Mdsx Low 1.45 11.13 408.871.40 11.08 407.03 Mdsx High 1.45 11.13 408.871.45 11.13 408.87 Mdsx Average 1.45 -0.6311.13 408.871.43 -0.5911.10 407.95 Hensall 1.43 11.10 407.951.40 11.08 407.03 Bruce N/A 1.40 11.08 407.03 Putnam 1.45 11.13 408.871.35 11.03 405.19 Burford N/A 1.49 11.17 410.34 Port Perry N/A 1.45 11.13 408.87 Norfolk 1.40 11.08 407.031.40 11.08 407.03 Palmerston 1.45 11.13 408.871.45 11.13 408.87 Varna 1.50 11.18 410.701.35 11.03 405.19 Trenton N/A 1.40 11.08 407.03 Winchester N/A 1.46 11.14 409.23 North Gower N/A 1.59 11.27 414.01 Huron FOB 1.55 11.23 412.541.50 11.18 410.70 Kent FOB N/A 1.35 11.03 405.19 Lambton FOB 1.45 11.13 408.871.45 11.13 408.87 Middlesex FOB1.62 1.62 1.62 1.71 11.30 415.111.62 11.30 415.11 PROCESSORS Hamilton 2.07 1.89 1.95 1.97 11.75 431.651.89 11.57 425.03 N/A N/A N/A TRANSFER Prescott 1.64 11.32 415.851.88 11.56 424.67 Sarnia N/A N/A Toledo El. N/A -0.59 9.09 334.05 Exchange rate was 1.2302 up 0.0118 Chicago wheat closed slightly to moderately lower. DEC17 HI 4.50 3/4 JUL18 HI 4.94 1/4 LOW 4.42 1/4 LOW 4.87 CLOSE 4.43 1/2 Down 5 1/2 CLOSE 4.88 1/4 Down 4 Minni wheat closed narrowly mixed. DEC17 HI 6.26 1/4 SEP18 HI 6.30 1/2 LOW 6.18 LOW 6.28 CLOSE 6.22 1/4 Up 3/4 CLOSE 6.29 Down 1 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.65 0.90 0.77 0.33 CAD $/bu 5.09 5.33 5.21 6.55 CAD $/tonne 186.91 195.95 191.43 240.58 Direct MarkHarvest 2017 Harvest 2018 DELIVERED BASIS DELIVERED BASIS Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M) ELEVATORS Brgssvll N/A N/A 0.35 N/A N/A N/A 0.60 N/A London 0.42 0.54 0.42 N/A 0.87 0.63 0.57 N/A Hensall 0.40 N/A 0.35 N/A 0.85 N/A 0.60 N/A Trenton N/A N/A 0.65 N/A N/A N/A 0.70 N/A Bruce 0.40 0.45 0.35 0.25 0.85 0.65 0.60 0.35 Essex N/A N/A N/A N/A N/A N/A 0.49 N/A Norwich 0.40 N/A 0.35 N/A 0.85 N/A 0.60 N/A Port Hope N/A 0.65 0.55 N/A N/A 0.65 0.70 N/A Kent Bridge 0.40 N/A 0.35 N/A 0.85 N/A 0.60 N/A Chatham N/A N/A 0.40 N/A N/A N/A 0.55 N/A Brigden N/A N/A 0.40 N/A N/A N/A 0.55 N/A Palmerston N/A 0.45 0.35 0.25 N/A 0.65 0.45 0.35 Varna 0.65 0.45 0.35 N/A 0.80 0.60 0.55 N/A Mitchell 0.40 0.40 0.35 N/A 0.85 0.65 0.60 N/A Thornton N/A N/A N/A 0.09 N/A N/A N/A N/A North Gower N/A 0.86 0.74 0.16 N/A 0.83 0.77 0.02 W O Feed 1.04 TERMINAL Sarnia N/A N/A N/A N/A N/A N/A N/A N/A Prescott N/A N/A N/A N/A N/A N/A N/A N/A PROCESSORS Toledo FM N/A N/A 1.27N/A N/A N/A 0.96N/A Toledo El. 4.24US 5.21CA 4.68US 5.72CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.71 0.71 0.65 0.05 CAD $/bu 5.60 5.60 5.54 6.34 CAD $/tonne 205.64 205.64 203.40 232.90 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 460.77 DDG's FOB Srn & Aylm 145.00