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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, October 16<br>
</u></span></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<div><u>(All Bases in CAD)<br>
</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3187 down 0.0013<br>
</u></div>
<div><u>Chicago corn closed slightly lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> DEC19 HI 3.92 3/4 DEC20 HI 4.09 3/4<br>
</u></div>
<div><u> LOW 3.87 1/2 LOW 4.06 1/2<br>
</u></div>
<div><u> CLOSE3.91 3/4 Down 1 1/2 CLOSE 4.08 1/2 Down 1/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP BASIS NEW CROP BASIS<br>
</u></div>
<div><u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt<br>
</u></div>
<div><u>ELEVATORS +DEC19+MAR20+MAR20<br>
</u></div>
<div><u>CK Low 1.25 5.17 203.44 0.90 4.99 196.25<br>
</u></div>
<div><u>CK High 1.25 5.17 203.44 0.90 4.99 196.25<br>
</u></div>
<div><u>CK Avg 1.25 0.00 5.17 203.44 0.90 -0.30 4.99 196.25<br>
</u></div>
<div><u>Essex Cty 1.25 5.17 203.44 0.90 4.99 196.25<br>
</u></div>
<div><u>Mdsx Low 1.25 5.17 203.44 0.90 4.99 196.25<br>
</u></div>
<div><u>Mdsx High 1.25 5.17 203.44 0.90 4.99 196.25<br>
</u></div>
<div><u>Mdsx Avg 1.25 0.00 5.17 203.44 0.90 -0.30 4.99 196.25<br>
</u></div>
<div><u>Hensall 1.28 5.19 204.42 0.90 4.99 196.25<br>
</u></div>
<div><u>Bruce 1.25 5.17 203.44 0.90 4.99 196.25<br>
</u></div>
<div><u>Putnam 1.25 5.17 203.44 0.90 4.99 196.25<br>
</u></div>
<div><u>Burford 1.25 5.17 203.44 0.90 4.99 196.25<br>
</u></div>
<div><u>Port Perry 1.35 5.27 207.37 0.90 4.99 196.25<br>
</u></div>
<div><u>Norfolk 1.25 5.17 203.44 0.90 4.99 196.25<br>
</u></div>
<div><u>Palmerston 1.18 5.10 200.68 0.85 4.94 194.28<br>
</u></div>
<div><u>Varna 1.25 5.17 203.44 0.85 4.94 194.28<br>
</u></div>
<div><u>Trenton 1.30 5.22 205.40 0.85 4.94 194.28<br>
</u></div>
<div><u>Winchester 1.40 5.32 209.34 1.10 5.19 204.12<br>
</u></div>
<div><u>North Gower 1.40 5.32 209.34 1.10 5.19 204.12<br>
</u></div>
<div><u>Huron FOB 1.35 5.27 207.37 0.90 4.99 196.25<br>
</u></div>
<div><u>Kent FOB 1.30 5.22 205.40 0.95 5.04 198.22<br>
</u></div>
<div><u>Lamb FOB 1.35 5.27 207.37 1.05 5.14 202.16<br>
</u></div>
<div><u>Mdsx FOB 1.25 1.25 1.40 1.45 5.17 203.44 1.00 5.09 200.19<br>
</u></div>
<div><u>FOB SW Que 2.42 6.34 249.50N/A<br>
</u></div>
<div><u>Track 1.93 5.84 230.01N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.20 5.29 208.06<br>
</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.39 5.48 215.54<br>
</u></div>
<div><u>Aylmer-Eth N/A N/A 1.50 1.55 1.20 5.29 208.06<br>
</u></div>
<div><u>Sarn-Eth 1.40 1.40N/A N/A 5.32 209.34N/A<br>
</u></div>
<div><u>London-Ing N/A N/A 1.70 1.70 1.25 5.34 210.03<br>
</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A N/A*<br>
</u></div>
<div><u>Cardnl-Ing 1.95N/A 1.70N/A 5.87 230.99 1.30 5.39 212.00<br>
</u></div>
<div><u>W O Feed 2.45 6.37 250.60<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.18 6.10 240.05<br>
</u></div>
<div><u>Toledo El. 0.33 4.25 167.20 -0.26 3.82 150.44<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.50 5.42 213.28N/A<br>
</u></div>
<div><u>Prescott 1.60 5.52 217.21N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.25 5.16 3/4<br>
</u></div>
<div><u>HI SD CRN 1.25 5.16 3/4<br>
</u></div>
<div><u>*Wet Bid<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3187 down 0.0013<br>
</u></div>
<div><u>Chicago soybeans closed mixed.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> NOV19 HI 9.38 3/4 NOV20 HI 9.76 3/4<br>
</u></div>
<div><u> LOW 9.27 1/2 LOW 9.69 1/2<br>
</u></div>
<div><u> CLOSE9.28 Down 6 CLOSE 9.70 Down 2 1/2<br>
</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP NEW CROP<br>
</u></div>
<div><u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt<br>
</u></div>
<div><u>ELEVATORS +NOV1+JAN2+JAN20<br>
</u></div>
<div><u>CK Low 2.15 11.43 419.982.05 11.75 431.74<br>
</u></div>
<div><u>CK High 2.20 11.48 421.822.10 11.80 433.58<br>
</u></div>
<div><u>CK Average 2.17 -0.6011.45 420.532.09 -0.7611.79 433.02<br>
</u></div>
<div><u>Essex Cty 2.15 11.43 419.982.10 11.80 433.58<br>
</u></div>
<div><u>Mdsx Low 2.15 11.43 419.982.04 11.74 431.37<br>
</u></div>
<div><u>Mdsx High 2.17 11.45 420.722.10 11.80 433.58<br>
</u></div>
<div><u>Mdsx Average 2.16 -0.6111.44 420.352.07 -0.7711.77 432.47<br>
</u></div>
<div><u>Hensall 2.15 11.43 419.982.10 11.80 433.58<br>
</u></div>
<div><u>Bruce 2.15 11.43 419.982.10 11.80 433.58<br>
</u></div>
<div><u>Putnam 2.15 11.43 419.982.10 11.80 433.58<br>
</u></div>
<div><u>Burford 2.24 11.52 423.292.11 11.81 433.94<br>
</u></div>
<div><u>Port Perry 2.19 11.47 421.452.06 11.76 432.11<br>
</u></div>
<div><u>Norfolk 2.15 11.43 419.982.10 11.80 433.58<br>
</u></div>
<div><u>Palmerston 2.10 11.38 418.142.12 11.82 434.31<br>
</u></div>
<div><u>Varna 2.15 11.43 419.982.10 11.80 433.58<br>
</u></div>
<div><u>Trenton 2.20 11.48 421.822.10 11.80 433.58<br>
</u></div>
<div><u>Winchester 2.25 11.53 423.652.20 11.90 437.25<br>
</u></div>
<div><u>North Gower 2.28 11.56 424.762.20 11.90 437.25<br>
</u></div>
<div><u>Huron FOB 2.20 11.48 421.822.20 11.90 437.25<br>
</u></div>
<div><u>Kent FOB 2.15 11.43 419.982.10 11.80 433.58<br>
</u></div>
<div><u>Lambton FOB 2.30 11.58 425.492.20 11.90 437.25<br>
</u></div>
<div><u>Middlesex FOB2.27 2.27 N/A N/A 11.55 424.392.17 11.87 436.15<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 2.49 11.77 432.472.49 12.19 447.91<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 2.60 11.88 436.522.55 12.25 450.11<br>
</u></div>
<div><u>Prescott 2.51 11.79 433.21 N/A<br>
</u></div>
<div><u>Port Colborne2.68 11.96 439.45 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.33 8.95 328.87-0.46 9.24 339.47<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3187 down 0.0013<br>
</u></div>
<div><u>Chicago wheat closed slightly to moderately higher.<br>
</u></div>
<div><u>DEC19 HI 5.14 1/4 JUL20 HI 5.26 1/2<br>
</u></div>
<div><u> LOW 5.04 1/2 LOW 5.19 1/4<br>
</u></div>
<div><u> CLOSE 5.13 1/4 Up 6 1/4 CLOSE 5.26 1/4 Up 4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.<br>
</u></div>
<div><u>DEC19 HI 5.52 SEP20 HI 5.86 1/2<br>
</u></div>
<div><u> LOW 5.43 1/2 LOW 5.82<br>
</u></div>
<div><u> CLOSE 5.50 1/2 Up 5 CLOSE 5.86 1/2 Up 2<br>
</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash Wheat Prices - DEL Terminal<br>
</u></div>
<div><u>Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)<br>
</u></div>
<div><u>Basis 2.10 2.30 1.97 1.36<br>
</u></div>
<div><u>CAD $/bu 7.23 7.43 7.10 6.86<br>
</u></div>
<div><u>CAD $/tonne 265.66 272.92 260.81 252.21<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2019 Harvest 2020<br>
</u></div>
<div><u> DELIVERED BASIS DELIVERED BASIS<br>
</u></div>
<div><u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)<br>
</u></div>
<div><u>ELEVATORS<br>
</u></div>
<div><u>Brgssvll N/A N/A 1.65 N/A N/A N/A 1.20 N/A<br>
</u></div>
<div><u>London 1.75 2.01 1.62 N/A 1.33 1.53 1.20 N/A<br>
</u></div>
<div><u>Hensall 1.75 N/A 1.65 N/A 1.40 N/A 1.20 N/A<br>
</u></div>
<div><u>Trenton N/A N/A 1.65 N/A N/A N/A 1.30 N/A<br>
</u></div>
<div><u>Bruce 1.75 2.00 1.60 1.50 1.40 1.60 1.20 1.05<br>
</u></div>
<div><u>Essex N/A N/A 1.60 N/A N/A N/A 1.20 N/A<br>
</u></div>
<div><u>Norwich 1.75 N/A 1.65 N/A 1.40 N/A 1.20 N/A<br>
</u></div>
<div><u>Port Hope N/A N/A 1.65 N/A N/A N/A 1.30 N/A<br>
</u></div>
<div><u>Kent Bridge 1.75 N/A 1.65 N/A 1.40 N/A 1.20 N/A<br>
</u></div>
<div><u>Chatham N/A N/A 1.60 N/A N/A N/A 1.20 N/A<br>
</u></div>
<div><u>Brigden N/A N/A 1.60 N/A N/A N/A 1.20 N/A<br>
</u></div>
<div><u>Palmerston N/A N/A 1.64 1.36 N/A N/A 1.28 1.02<br>
</u></div>
<div><u>Varna 1.75 2.05 1.65 N/A 1.40 1.60 1.20 N/A<br>
</u></div>
<div><u>Mitchell 1.75 1.95 1.65 N/A 1.40 1.60 1.20 N/A<br>
</u></div>
<div><u>Thornton N/A N/A N/A 1.32 N/A N/A N/A N/A<br>
</u></div>
<div><u>North Gower N/A 1.90 1.68 1.05 N/A 1.81 1.54 1.00<br>
</u></div>
<div><u>W O Feed 2.26<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor 2.09 2.36 2.03 N/A N/A N/A N/A N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 2.23 N/A N/A N/A 1.67 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.31US 7.01CA 5.26US 6.93CA<br>
</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal<br>
</u></div>
<div><u>Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)<br>
</u></div>
<div><u>Basis 1.61 1.87 1.54 1.07<br>
</u></div>
<div><u>CAD $/bu 6.87 7.13 6.80 6.94<br>
</u></div>
<div><u>CAD $/tonne 252.39 262.07 249.97 254.93<br>
</u></div>
<div><u><br>
</u></div>
<div><u>(C)-Basis over the Chicago Board of Trade futures<br>
</u></div>
<div><u>(M)-Basis over the Minneapolis Grain Exchange<br>
</u></div>
<div><u><br>
</u></div>
<div><u>FEED GRAINS<br>
</u></div>
<div><u>FOB Hm Soymeal 517.87<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 225.00 - 235.00<br>
</u></div>
<u><span></span><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u><br>
</u></div>
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<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif">
<span style="font-size:10.0pt;font-family:"Courier New"">Blair Andrews</span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">Editor, AgriLink and Farm Market News
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<span style="font-size:10.0pt;font-family:"Courier New"">University of Guelph, Ridgetown Campus</span></p>
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<span style="font-size:10.0pt;font-family:"Courier New""><o:p> </o:p></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes">
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<span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
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