<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></p>
<div id="divtagdefaultwrapper" style="font-size: 10pt; color: rgb(0, 0, 0); font-family: "Courier New", monospace, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;" dir="ltr">
<p></p>
<div id="divtagdefaultwrapper" style="font-size: 10pt; color: rgb(0, 0, 0); font-family: "Courier New", monospace, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;" dir="ltr">
<p></p>
<div id="divtagdefaultwrapper" style="font-size: 10pt; color: rgb(0, 0, 0); font-family: "Courier New", monospace, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;" dir="ltr">
<p></p>
<div id="divtagdefaultwrapper" style="font-size: 10pt; color: rgb(0, 0, 0); font-family: "Courier New", monospace, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;" dir="ltr">
<p><u></u></p>
<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, September 25</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.235 up 0.0019</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> DEC17 HI 3.55 DEC17 HI 3.55</u></div>
<div><u> LOW 3.51 1/4 LOW 3.51 1/4</u></div>
<div><u> CLOSE3.53 3/4 Up 1/4 CLOSE 3.53 3/4 Up 1/4</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 +DEC17+DEC17+MAR18</u></div>
<div><u>CK Low 0.70 4.24 166.82 0.60 4.14 162.89</u></div>
<div><u>CK High 0.75 4.29 168.79 0.70 4.24 166.82</u></div>
<div><u>CK Avg 0.72 -0.09 4.25 167.48 0.62 -0.17 4.15 163.54</u></div>
<div><u>Essex Cty 0.75 4.29 168.79 0.60 4.14 162.89</u></div>
<div><u>Mdsx Low 0.70 4.24 166.82 0.60 4.14 162.89</u></div>
<div><u>Mdsx High 0.70 4.24 166.82 0.60 4.14 162.89</u></div>
<div><u>Mdsx Avg 0.70 -0.11 4.24 166.82 0.60 -0.19 4.14 162.89</u></div>
<div><u>Hensall 0.70 4.24 166.82 0.63 4.16 163.87</u></div>
<div><u>Bruce 0.70 4.24 166.82 0.65 4.19 164.85</u></div>
<div><u>Putnam 0.70 4.24 166.82 0.60 4.14 162.89</u></div>
<div><u>Burford 0.80 4.34 170.76 0.70 4.24 166.82</u></div>
<div><u>Port Perry 0.90 4.44 174.70 0.75 4.29 168.79</u></div>
<div><u>Norfolk 0.80 4.34 170.76 0.70 4.24 166.82</u></div>
<div><u>Palmerston 0.75 4.29 168.79 0.60 4.14 162.89</u></div>
<div><u>Varna 0.70 4.24 166.82 0.65 4.19 164.85</u></div>
<div><u>Trenton 1.10 4.64 182.57 0.75 4.29 168.79</u></div>
<div><u>Winchester N/A 1.05 4.59 180.60</u></div>
<div><u>North Gower 1.07 4.61 181.39 1.04 4.58 180.21</u></div>
<div><u>Huron FOB 1.05 4.59 180.60 0.70 4.24 166.82</u></div>
<div><u>Kent FOB 0.95 4.49 176.67 0.65 4.19 164.85</u></div>
<div><u>Lamb FOB 0.90 4.44 174.70 0.70 4.24 166.82</u></div>
<div><u>Mdsx FOB 0.90N/A N/A N/A 4.44 174.70 0.70 4.24 166.82</u></div>
<div><u>FOB SW Que 1.64 5.18 203.83N/A</u></div>
<div><u>Track 1.30 4.84 190.44N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A 0.80 N/A</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 0.80 N/A</u></div>
<div><u>Sarn-Eth 1.10N/A 0.90 0.95 4.64 182.57 0.90 4.44 174.70</u></div>
<div><u>Kawartha N/A N/A N/A N/A N/A</u></div>
<div><u>London-Ing N/A 1.10 0.80 0.80 0.90 4.44 174.70</u></div>
<div><u>Pt.Colb-Ing N/A 0.90 0.85N/A 0.90 4.44 174.70</u></div>
<div><u>Cardnl-Ing N/A 1.45 1.05 1.10 1.05 4.59 180.60</u></div>
<div><u>W O Feed 1.46 5.00 196.74</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.32 4.86 191.23</u></div>
<div><u>Toledo El. -0.26 3.28 129.05 -0.27 3.27 128.58</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Sarnia N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.65 1 4.18 3/4</u></div>
<div><u>HI SD CRN 0.70 4.23 3/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.235 up 0.0019</u></div>
<div><u>Chicago soybeans closed slightly to moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> NOV17 HI 9.85 3/4 NOV18 HI 9.98 1/2</u></div>
<div><u> LOW 9.71 LOW 9.88 1/2</u></div>
<div><u> CLOSE9.71 1/4 Down 13 CLOSE 9.88 3/4 Down 9 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 +NOV1+NOV1+JAN18</u></div>
<div><u>CK Low 1.50 11.21 411.991.30 11.19 411.07</u></div>
<div><u>CK High 1.55 11.26 413.831.45 11.34 416.58</u></div>
<div><u>CK Average 1.52 -0.6211.23 412.721.35 -0.7811.24 412.97</u></div>
<div><u>Essex Cty 1.45 11.16 410.151.45 11.34 416.58</u></div>
<div><u>Mdsx Low 1.55 11.26 413.831.35 11.24 412.91</u></div>
<div><u>Mdsx High 1.58 11.29 414.931.37 11.26 413.64</u></div>
<div><u>Mdsx Average 1.57 -0.5811.28 414.381.36 -0.7711.25 413.27</u></div>
<div><u>Hensall 1.55 11.26 413.831.38 11.26 413.83</u></div>
<div><u>Bruce 1.55 11.26 413.831.35 11.24 412.91</u></div>
<div><u>Putnam 1.45 11.16 410.151.25 11.14 409.23</u></div>
<div><u>Burford 1.61 11.32 416.031.40 11.29 414.74</u></div>
<div><u>Port Perry 1.58 11.29 414.931.37 11.26 413.64</u></div>
<div><u>Norfolk 1.55 11.26 413.831.35 11.24 412.91</u></div>
<div><u>Palmerston 1.60 11.31 415.661.45 11.34 416.58</u></div>
<div><u>Varna 1.55 11.26 413.831.40 11.29 414.74</u></div>
<div><u>Trenton 1.55 11.26 413.831.35 11.24 412.91</u></div>
<div><u>Winchester 1.80 11.51 423.011.60 11.49 422.09</u></div>
<div><u>North Gower 1.67 11.38 418.241.37 11.26 413.64</u></div>
<div><u>Huron FOB 1.65 11.36 417.501.50 11.39 418.42</u></div>
<div><u>Kent FOB 1.50 11.21 411.991.35 11.24 412.91</u></div>
<div><u>Lambton FOB 1.75 11.46 421.171.55 11.44 420.26</u></div>
<div><u>Middlesex FOB1.82 1.82 1.88 1.84 11.53 423.75 N/A</u></div>
<div><u><br>
</u></div>
<div><u> N/A N/A N/A</u></div>
<div><u>TRANSFER</u></div>
<div><u>Prescott 2.02 11.73 431.101.72 11.61 426.50</u></div>
<div><u>Sarnia N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.54 9.17 336.91-0.37 9.52 349.70</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.235 up 0.0019</u></div>
<div><u>Chicago wheat closed slightly higher.</u></div>
<div><u>DEC17 HI 4.54 3/4 JUL18 HI 4.98 1/2</u></div>
<div><u> LOW 4.44 LOW 4.89 1/4</u></div>
<div><u> CLOSE 4.54 Up 4 1/2 CLOSE 4.97 1/2 Up 3 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately higher to higher.</u></div>
<div><u>DEC17 HI 6.51 3/4 SEP18 HI 6.46</u></div>
<div><u> LOW 6.32 LOW 6.33 1/2</u></div>
<div><u> CLOSE 6.48 3/4 Up 14 CLOSE 6.46 Up 9 1/4</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash 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 0.70 0.94 0.82 0.41</u></div>
<div><u>CAD $/bu 5.24 5.48 5.36 6.90</u></div>
<div><u>CAD $/tonne 192.41 201.48 196.95 253.56</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2017 Harvest 2018</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 0.45 N/A N/A N/A 0.60 N/A</u></div>
<div><u>London 0.47 0.60 0.47 N/A 0.94 0.70 0.63 N/A</u></div>
<div><u>Hensall 0.45 N/A 0.45 N/A 0.85 N/A 0.60 N/A</u></div>
<div><u>Trenton N/A N/A 0.65 N/A N/A N/A 0.75 N/A</u></div>
<div><u>Bruce 0.45 0.45 0.45 0.25 0.85 0.65 0.60 0.35</u></div>
<div><u>Essex N/A N/A N/A N/A N/A N/A 0.56 N/A</u></div>
<div><u>Norwich 0.45 N/A 0.45 N/A 0.85 N/A 0.60 N/A</u></div>
<div><u>Port Hope N/A 0.65 0.60 N/A N/A 0.65 0.70 N/A</u></div>
<div><u>Kent Bridge 0.45 N/A 0.45 N/A 0.85 N/A 0.60 N/A</u></div>
<div><u>Chatham N/A N/A 0.50 N/A N/A N/A 0.60 N/A</u></div>
<div><u>Brigden N/A N/A 0.50 N/A N/A N/A 0.60 N/A</u></div>
<div><u>Palmerston N/A 0.45 0.35 0.25 N/A 0.65 0.45 0.35</u></div>
<div><u>Varna 0.75 0.45 0.45 N/A 0.80 0.60 0.60 N/A</u></div>
<div><u>Mitchell 0.45 0.45 0.45 N/A 0.85 0.65 0.60 N/A</u></div>
<div><u>Thornton N/A N/A N/A 0.00 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 0.85 0.75 0.34 N/A 0.92 0.86 0.13</u></div>
<div><u>W O Feed 1.04</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Sarnia N/A N/A N/A N/A N/A N/A N/A 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 1.31N/A N/A N/A 1.04N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.34US 5.36CA 4.78US 5.89CA</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 0.80 0.80 0.73 0.16</u></div>
<div><u>CAD $/bu 5.77 5.77 5.71 6.62</u></div>
<div><u>CAD $/tonne 212.02 212.02 209.75 243.08</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 461.99</u></div>
<div><u>DDG's FOB Srn & Aylm 145.00</u></div>
<div><u><br>
</u></div>
<u></u>
<p class="MsoNormal" style=""><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" style=""><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" style=""><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" style=""><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" style=""><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" style=""><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" style=""><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>
<p></p>
<p><u><br>
</u></p>
<div id="Signature">
<div id="divtagdefaultwrapper" style="font-size: 12pt; color: rgb(0, 0, 0); background-color: rgb(255, 255, 255); font-family: Calibri, Arial, Helvetica, sans-serif, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;">
<p></p>
<div><u><br>
</u></div>
<p></p>
<p><br>
</p>
</div>
</div>
</div>
<p></p>
</div>
<p></p>
</div>
<p></p>
</div>
<p></p>
</div>
</body>
</html>