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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, October 23</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3075 down 0.0021</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> DEC18 HI 3.72 1/2 DEC19 HI 4.04 1/2</u></div>
<div><u> LOW 3.68 LOW 4.00 1/2</u></div>
<div><u> CLOSE3.70 1/4 Up 3/4 CLOSE 4.02 1/2 Up 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 +DEC18+MAR19+MAR19</u></div>
<div><u>CK Low 0.55 4.25 167.41 0.75 4.78 187.98</u></div>
<div><u>CK High 0.65 4.35 171.35 0.80 4.83 189.95</u></div>
<div><u>CK Avg 0.59 -0.42 4.29 169.05 0.78 -0.33 4.81 189.30</u></div>
<div><u>Essex Cty 0.55 4.25 167.41 0.75 4.78 187.98</u></div>
<div><u>Mdsx Low 0.55 4.25 167.41 0.75 4.78 187.98</u></div>
<div><u>Mdsx High 0.55 4.25 167.41 0.80 4.83 189.95</u></div>
<div><u>Mdsx Avg 0.55 -0.45 4.25 167.41 0.78 -0.34 4.80 188.97</u></div>
<div><u>Hensall 0.55 4.25 167.41 0.80 4.83 189.95</u></div>
<div><u>Bruce 0.55 4.25 167.41 0.80 4.83 189.95</u></div>
<div><u>Putnam 0.55 4.25 167.41 0.80 4.83 189.95</u></div>
<div><u>Burford 0.55 4.25 167.41 0.75 4.78 187.98</u></div>
<div><u>Port Perry 0.90 4.60 181.19 0.85 4.88 191.92</u></div>
<div><u>Norfolk 0.55 4.25 167.41 0.75 4.78 187.98</u></div>
<div><u>Palmerston 0.65 4.35 171.35 0.80 4.83 189.95</u></div>
<div><u>Varna 0.55 4.25 167.41 0.80 4.83 189.95</u></div>
<div><u>Trenton 0.90 4.60 181.19 0.85 4.88 191.92</u></div>
<div><u>Winchester 1.30 5.00 196.94 0.95 4.98 195.86</u></div>
<div><u>North Gower 1.25 4.95 194.97 0.95 4.98 195.86</u></div>
<div><u>Huron FOB 0.85 4.55 179.22 0.90 4.93 193.89</u></div>
<div><u>Kent FOB 0.95 4.65 183.16 0.85 4.88 191.92</u></div>
<div><u>Lamb FOB 1.00 4.70 185.13 0.86 4.89 192.31</u></div>
<div><u>Mdsx FOB 1.05N/A N/A N/A 4.75 187.10N/A</u></div>
<div><u>FOB SW Que 1.52 5.22 205.60N/A</u></div>
<div><u>Track 1.23 4.93 193.99N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 1.23 1.28 1.05 5.08 199.79</u></div>
<div><u>Jhnstwn-Eth N/A N/A 1.38 1.45 1.27 5.30 208.45</u></div>
<div><u>Aylmer-Eth 1.20 1.20 1.25 1.27 4.90 193.00 1.05 5.08 199.79</u></div>
<div><u>Sarn-Eth N/A 1.15 1.15N/A N/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 1.25N/A 1.08 5.11 200.97</u></div>
<div><u>Pt.Colb-Ing N/A 1.35N/A N/A N/A*</u></div>
<div><u>Cardnl-Ing N/A N/A 1.55N/A 1.10 5.13 201.76</u></div>
<div><u>W O Feed 1.50 5.20 204.81</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.66 5.36 211.11</u></div>
<div><u>Toledo El. -0.39 3.31 130.32 -0.26 3.76 148.20</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.60 4.30 1/4</u></div>
<div><u>HI SD CRN 0.65 4.35 1/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3075 down 0.0021</u></div>
<div><u>Chicago soybeans closed narrowly mixed.</u></div>
<div><u><br>
</u></div>
<div><u> NOV18 HI 8.62 3/4 NOV19 HI 9.25 1/2</u></div>
<div><u> LOW 8.51 LOW 9.13 1/4</u></div>
<div><u> CLOSE8.57 1/2 Down 1 CLOSE 9.20 1/2 Up 1/2</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+JAN1+JAN19</u></div>
<div><u>CK Low 2.65 11.23 412.451.87 11.08 406.94</u></div>
<div><u>CK High 2.85 11.43 419.802.00 11.21 411.71</u></div>
<div><u>CK Average 2.76 0.09 11.33 416.371.96 -0.6411.17 410.30</u></div>
<div><u>Essex Cty 2.45 11.03 405.102.00 11.21 411.71</u></div>
<div><u>Mdsx Low 2.83 11.41 419.061.96 11.17 410.24</u></div>
<div><u>Mdsx High 2.85 11.43 419.802.00 11.21 411.71</u></div>
<div><u>Mdsx Average 2.84 0.16 11.42 419.431.98 -0.6211.19 410.98</u></div>
<div><u>Hensall 2.85 11.43 419.801.98 11.18 410.79</u></div>
<div><u>Bruce 2.85 11.43 419.801.95 11.16 409.88</u></div>
<div><u>Putnam 2.85 11.43 419.802.00 11.21 411.71</u></div>
<div><u>Burford 2.86 11.44 420.161.99 11.20 411.35</u></div>
<div><u>Port Perry 2.82 11.40 418.691.95 11.16 409.88</u></div>
<div><u>Norfolk 2.85 11.43 419.801.95 11.16 409.88</u></div>
<div><u>Palmerston 2.85 11.43 419.802.05 11.26 413.55</u></div>
<div><u>Varna 2.85 11.43 419.801.95 11.16 409.88</u></div>
<div><u>Trenton 2.85 11.43 419.801.95 11.16 409.88</u></div>
<div><u>Winchester 3.00 11.58 425.312.05 11.26 413.55</u></div>
<div><u>North Gower 2.85 11.43 419.802.00 11.21 411.71</u></div>
<div><u>Huron FOB 2.90 11.48 421.632.05 11.26 413.55</u></div>
<div><u>Kent FOB 2.75 11.33 416.121.95 11.16 409.88</u></div>
<div><u>Lambton FOB 2.95 11.53 423.472.10 11.31 415.39</u></div>
<div><u>Middlesex FOB2.86 3.12 2.99 2.38 11.44 420.162.12 11.33 416.12</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.79 11.37 417.59 N/A</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.05 11.63 427.152.30 11.51 422.74</u></div>
<div><u>Prescott 3.29 11.87 435.962.59 11.80 433.39</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.72 7.86 288.65-0.39 8.81 323.86</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3075 down 0.0021</u></div>
<div><u>Chicago wheat closed slightly higher.</u></div>
<div><u>DEC18 HI 5.11 1/4 JUL19 HI 5.50</u></div>
<div><u> LOW 5.05 1/4 LOW 5.44</u></div>
<div><u> CLOSE 5.09 Up 1 CLOSE 5.48 1/2 Up 2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>DEC18 HI 5.87 1/2 SEP19 HI 6.13 3/4</u></div>
<div><u> LOW 5.83 1/2 LOW 6.11 1/4</u></div>
<div><u> CLOSE 5.85 Down 1/2 CLOSE 6.11 1/4 Down 1 1/2</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash 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 1.11 1.30 1.11 0.62</u></div>
<div><u>CAD $/bu 6.20 6.39 6.20 6.47</u></div>
<div><u>CAD $/tonne 227.73 234.93 227.73 237.82</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2018 Harvest 2019</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 1.00 N/A N/A N/A 0.95 N/A</u></div>
<div><u>London 0.98 1.24 0.91 N/A 1.22 1.35 1.03 N/A</u></div>
<div><u>Hensall 1.00 N/A 1.00 N/A 1.15 N/A 0.95 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 0.90 N/A</u></div>
<div><u>Bruce 0.95 1.30 0.95 0.60 1.00 1.30 0.95 0.65</u></div>
<div><u>Essex N/A N/A N/A N/A N/A N/A 1.00 N/A</u></div>
<div><u>Norwich 1.00 N/A 1.00 N/A 1.15 N/A 0.95 N/A</u></div>
<div><u>Port Hope N/A 1.00 1.00 N/A N/A 1.20 0.95 N/A</u></div>
<div><u>Kent Bridge 1.00 N/A 1.00 N/A 1.15 N/A 0.95 N/A</u></div>
<div><u>Chatham N/A N/A 0.95 N/A N/A N/A 0.95 N/A</u></div>
<div><u>Brigden N/A N/A 0.95 N/A N/A N/A 0.95 N/A</u></div>
<div><u>Palmerston N/A 1.15 0.95 N/A N/A 1.10 1.05 N/A</u></div>
<div><u>Varna 1.15 1.35 0.95 N/A 1.05 1.30 0.95 N/A</u></div>
<div><u>Mitchell 1.00 1.15 1.00 N/A 1.15 1.25 0.95 N/A</u></div>
<div><u>Thornton N/A N/A N/A 0.22 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.20 1.00 0.50 N/A 1.26 1.21 0.40</u></div>
<div><u>W O Feed 1.63</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.70 N/A N/A N/A 1.79 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.01US 6.55CA 5.34US 6.95CA</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 1.21 1.27 1.21 0.48</u></div>
<div><u>CAD $/bu 6.69 6.76 6.69 6.60</u></div>
<div><u>CAD $/tonne 245.85 248.25 245.85 242.38</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 495.72</u></div>
<div><u>DDG's FOB Srn & Aylm 180.00 - 190.00</u></div>
<div><u><br>
</u></div>
<div><u>
<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" id="LPlnk394791" class="OWAAutoLink" previewremoved="true"><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" id="LPlnk204779" class="OWAAutoLink" previewremoved="true"><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;
background:#FDFDFD"> to
unsubscribe from this report.</span><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333"><br>
<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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