<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 style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, October 18<br>
</u></span>
<div><u>(All Bases in CAD)<br>
</u></div>
<div><u>Bank of Canada Noon exchange rate was 1.3121 down 0.0007<br>
</u></div>
<div><u>Chicago corn closed slightly lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> DEC19 HI 3.95 3/4 DEC20 HI 4.11 1/4<br>
</u></div>
<div><u> LOW 3.89 3/4 LOW 4.08 3/4<br>
</u></div>
<div><u> CLOSE3.91 Down 3 3/4 CLOSE 4.10 1/4 Down 1/2<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 5.16 203.14 0.90 5.00 196.94<br>
</u></div>
<div><u>CK High 1.25 5.16 203.14 0.90 5.00 196.94<br>
</u></div>
<div><u>CK Avg 1.25 0.02 5.16 203.14 0.90 -0.29 5.00 196.94<br>
</u></div>
<div><u>Essex Cty 1.25 5.16 203.14 0.90 5.00 196.94<br>
</u></div>
<div><u>Mdsx Low 1.25 5.16 203.14 0.90 5.00 196.94<br>
</u></div>
<div><u>Mdsx High 1.25 5.16 203.14 0.90 5.00 196.94<br>
</u></div>
<div><u>Mdsx Avg 1.25 0.02 5.16 203.14 0.90 -0.29 5.00 196.94<br>
</u></div>
<div><u>Hensall 1.28 5.19 204.12 0.90 5.00 196.94<br>
</u></div>
<div><u>Bruce 1.25 5.16 203.14 0.90 5.00 196.94<br>
</u></div>
<div><u>Putnam 1.25 5.16 203.14 0.90 5.00 196.94<br>
</u></div>
<div><u>Burford 1.25 5.16 203.14 0.90 5.00 196.94<br>
</u></div>
<div><u>Port Perry 1.35 5.26 207.08 0.90 5.00 196.94<br>
</u></div>
<div><u>Norfolk 1.25 5.16 203.14 0.90 5.00 196.94<br>
</u></div>
<div><u>Palmerston 1.16 5.07 199.60 0.83 4.93 194.18<br>
</u></div>
<div><u>Varna 1.25 5.16 203.14 0.85 4.95 194.97<br>
</u></div>
<div><u>Trenton 1.30 5.21 205.11 0.90 5.00 196.94<br>
</u></div>
<div><u>Winchester 1.40 5.31 209.05 1.10 5.20 204.81<br>
</u></div>
<div><u>North Gower 1.35 5.26 207.08 1.05 5.15 202.84<br>
</u></div>
<div><u>Huron FOB 1.35 5.26 207.08 0.90 5.00 196.94<br>
</u></div>
<div><u>Kent FOB 1.30 5.21 205.11 0.95 5.05 198.91<br>
</u></div>
<div><u>Lamb FOB 1.30 5.21 205.11 1.05 5.15 202.84<br>
</u></div>
<div><u>Mdsx FOB 1.30 1.30 1.40 1.45 5.21 205.11 1.00 5.10 200.88<br>
</u></div>
<div><u>FOB SW Que 2.52 6.43 253.14N/A<br>
</u></div>
<div><u>Track 1.93 5.84 229.71N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.18 5.28 207.96<br>
</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.36 5.46 215.05<br>
</u></div>
<div><u>Aylmer-Eth N/A N/A 1.50 1.55 1.20 5.30 208.75<br>
</u></div>
<div><u>Sarn-Eth 1.40 1.40N/A N/A 5.31 209.05N/A<br>
</u></div>
<div><u>London-Ing N/A N/A 1.70 1.70 1.25 5.35 210.72<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 5.86 230.70 1.30 5.40 212.69<br>
</u></div>
<div><u>W O Feed 2.44 6.35 250.07<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.22 6.13 241.33<br>
</u></div>
<div><u>Toledo El. 0.39 4.30 169.43 -0.26 3.84 151.18<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.50 5.41 212.98N/A<br>
</u></div>
<div><u>Prescott 1.60 5.51 216.92N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.25 5.16<br>
</u></div>
<div><u>HI SD CRN 1.25 5.16<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 1.3121 down 0.0007<br>
</u></div>
<div><u>Chicago soybeans closed slightly higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> NOV19 HI 9.38 1/2 NOV20 HI 9.76<br>
</u></div>
<div><u> LOW 9.30 1/2 LOW 9.68 3/4<br>
</u></div>
<div><u> CLOSE9.34 Up 2 1/2 CLOSE 9.72 3/4 Up 2 1/4<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 2.11 11.45 420.721.99 11.72 430.54<br>
</u></div>
<div><u>CK High 2.15 11.49 422.192.10 11.83 434.59<br>
</u></div>
<div><u>CK Average 2.14 -0.5911.48 421.942.07 -0.7311.80 433.61<br>
</u></div>
<div><u>Essex Cty 2.15 11.49 422.192.10 11.83 434.59<br>
</u></div>
<div><u>Mdsx Low 2.09 11.43 419.981.97 11.70 429.81<br>
</u></div>
<div><u>Mdsx High 2.15 11.49 422.192.10 11.83 434.59<br>
</u></div>
<div><u>Mdsx Average 2.12 -0.6111.46 421.082.04 -0.7611.76 432.20<br>
</u></div>
<div><u>Hensall 2.15 11.49 422.192.10 11.83 434.59<br>
</u></div>
<div><u>Bruce 2.15 11.49 422.192.10 11.83 434.59<br>
</u></div>
<div><u>Putnam 2.15 11.49 422.192.10 11.83 434.59<br>
</u></div>
<div><u>Burford 2.16 11.50 422.552.04 11.77 432.38<br>
</u></div>
<div><u>Port Perry 2.01 11.35 417.041.99 11.72 430.54<br>
</u></div>
<div><u>Norfolk 2.15 11.49 422.192.10 11.83 434.59<br>
</u></div>
<div><u>Palmerston 2.07 11.41 419.252.08 11.81 433.85<br>
</u></div>
<div><u>Varna 2.15 11.49 422.192.10 11.83 434.59<br>
</u></div>
<div><u>Trenton 2.15 11.49 422.192.10 11.83 434.59<br>
</u></div>
<div><u>Winchester 2.20 11.54 424.022.10 11.83 434.59<br>
</u></div>
<div><u>North Gower 2.22 11.56 424.762.15 11.88 436.42<br>
</u></div>
<div><u>Huron FOB 2.25 11.59 425.862.20 11.93 438.26<br>
</u></div>
<div><u>Kent FOB 2.15 11.49 422.192.10 11.83 434.59<br>
</u></div>
<div><u>Lambton FOB 2.30 11.64 427.702.20 11.93 438.26<br>
</u></div>
<div><u>Middlesex FOB2.20 2.20 N/A N/A 11.54 424.022.10 11.83 434.59<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 2.46 11.80 433.582.45 12.18 447.45<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 2.60 11.94 438.722.55 12.28 451.12<br>
</u></div>
<div><u>Prescott 2.63 11.97 439.82 N/A<br>
</u></div>
<div><u>Port Colborne2.60 11.94 438.72 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.24 9.10 334.51-0.46 9.27 340.55<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3121 down 0.0007<br>
</u></div>
<div><u>Chicago wheat closed moderately higher.<br>
</u></div>
<div><u>DEC19 HI 5.32 3/4 JUL20 HI 5.44<br>
</u></div>
<div><u> LOW 5.21 LOW 5.32<br>
</u></div>
<div><u> CLOSE 5.32 1/4 Up 6 3/4 CLOSE 5.44 Up 8<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly to moderately lower.<br>
</u></div>
<div><u>DEC19 HI 5.51 1/2 SEP20 HI 5.81 1/2<br>
</u></div>
<div><u> LOW 5.42 1/4 LOW 5.79 3/4<br>
</u></div>
<div><u> CLOSE 5.44 1/2 Down 7 1/2 CLOSE 5.80 3/4 Down 5 1/4<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 2.12 2.32 1.99 1.31<br>
</u></div>
<div><u>CAD $/bu 7.44 7.64 7.31 6.75<br>
</u></div>
<div><u>CAD $/tonne 273.47 280.71 268.65 248.04<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 1.76 2.03 1.63 N/A 1.34 1.54 1.21 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 1.32 N/A N/A 1.25 0.98<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 1.60 N/A N/A N/A N/A<br>
</u></div>
<div><u>North Gower N/A 1.80 1.55 1.00 N/A 1.78 1.48 0.95<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 2.11 2.37 2.04 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 2.25 N/A N/A N/A 1.70 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.50US 7.22CA 5.44US 7.14CA<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 1.63 1.89 1.57 1.02<br>
</u></div>
<div><u>CAD $/bu 7.07 7.33 7.01 6.83<br>
</u></div>
<div><u>CAD $/tonne 259.80 269.44 257.39 251.01<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 521.95<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 225.00<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>
<div id="Signature">
<div id="divtagdefaultwrapper" style="font-size:12pt; color:#000000; background-color:#FFFFFF; font-family:Calibri,Arial,Helvetica,sans-serif">
<p style="margin-top: 0px; margin-bottom: 0px;"></p>
<div><u>
<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>
<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"">Editor, AgriLink and Farm Market News
</span></p>
<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"">University of Guelph, Ridgetown Campus</span></p>
<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""><o:p> </o:p></span></p>
<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"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes">
</span></span></p>
<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"">Tel. 519-674-1500 x 63577
</span></p>
<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"">Fax. 519-674-1530<br>
<br>
<span style="background:#FDFDFD">Click on this link:<span><span style="color:#333333"> </span></span></span><span><span style="color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span></span><span><span style="color:#333333;background:#FDFDFD"> </span></span><span style="background:#FDFDFD"> to
unsubscribe from this report.</span><br>
<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
<span style="background:#FDFDFD">Grain Farmers of Ontario</span></span></p>
<br>
</u></div>
<div><u><span style="font-family:"Courier New",monospace; font-size:10pt"></span></u></div>
<u><br>
</u>
<p style="margin-top: 0px; margin-bottom: 0px;"></p>
<p style="margin-top: 0px; margin-bottom: 0px;"><br>
</p>
</div>
</div>
</body>
</html>