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<u><span style="background-color: rgb(253, 253, 253); color: rgb(51, 51, 51); font-family: "Courier New", monospace; font-size: 10pt;"><span>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, October 21<br>
</span>
<div>(All Bases in CAD)<br>
</div>
<div>Exchange rate was 1.308 down 0.0041<br>
</div>
<div>Chicago corn closed slightly lower.<br>
</div>
<div><br>
</div>
<div> DEC19 HI 3.93 3/4 DEC20 HI 4.11 1/2<br>
</div>
<div> LOW 3.86 1/2 LOW 4.08 1/4<br>
</div>
<div> CLOSE3.87 1/4 Down 3 3/4 CLOSE 4.09 Down 1 1/4<br>
</div>
<div><br>
</div>
<div> OLD CROP BASIS NEW CROP BASIS<br>
</div>
<div>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt<br>
</div>
<div>ELEVATORS +DEC19+MAR20+MAR20<br>
</div>
<div>CK Low 1.20 5.07 199.70 0.90 4.99 196.45<br>
</div>
<div>CK High 1.25 5.12 201.66 0.90 4.99 196.45<br>
</div>
<div>CK Avg 1.23 0.03 5.11 201.01 0.90 -0.28 4.99 196.45<br>
</div>
<div>Essex Cty 1.25 5.12 201.66 0.90 4.99 196.45<br>
</div>
<div>Mdsx Low 1.20 5.07 199.70 0.90 4.99 196.45<br>
</div>
<div>Mdsx High 1.25 5.12 201.66 0.90 4.99 196.45<br>
</div>
<div>Mdsx Avg 1.23 0.02 5.10 200.68 0.90 -0.28 4.99 196.45<br>
</div>
<div>Hensall 1.25 5.12 201.66 0.90 4.99 196.45<br>
</div>
<div>Bruce 1.25 5.12 201.66 0.90 4.99 196.45<br>
</div>
<div>Putnam 1.20 5.07 199.70 0.90 4.99 196.45<br>
</div>
<div>Burford 1.25 5.12 201.66 0.90 4.99 196.45<br>
</div>
<div>Port Perry 1.30 5.17 203.63 0.90 4.99 196.45<br>
</div>
<div>Norfolk 1.25 5.12 201.66 0.90 4.99 196.45<br>
</div>
<div>Palmerston 1.20 5.07 199.70 0.89 4.98 196.05<br>
</div>
<div>Varna 1.25 5.12 201.66 0.85 4.94 194.48<br>
</div>
<div>Trenton 1.30 5.17 203.63 0.90 4.99 196.45<br>
</div>
<div>Winchester 1.32 5.19 204.42 1.11 5.20 204.71<br>
</div>
<div>North Gower 1.35 5.22 205.60 1.05 5.14 202.35<br>
</div>
<div>Huron FOB 1.35 5.22 205.60 0.90 4.99 196.45<br>
</div>
<div>Kent FOB 1.30 5.17 203.63 0.95 5.04 198.42<br>
</div>
<div>Lamb FOB 1.30 5.17 203.63 1.05 5.14 202.35<br>
</div>
<div>Mdsx FOB 1.30 1.30 1.40 1.45 5.17 203.63 1.00 5.09 200.38<br>
</div>
<div>FOB SW Que 2.51 6.38 251.27N/A<br>
</div>
<div>Track 1.83 5.70 224.30N/A<br>
</div>
<div>PROCESSORS<br>
</div>
<div>Chat-Eth N/A N/A N/A N/A 1.17 5.26 207.08<br>
</div>
<div>Jhnstwn-Eth N/A N/A N/A N/A 1.42 5.51 216.92<br>
</div>
<div>Aylmer-Eth N/A N/A 1.45 1.50 1.15 5.24 206.29<br>
</div>
<div>Sarn-Eth 1.40 1.40N/A N/A 5.27 207.57N/A<br>
</div>
<div>London-Ing N/A N/A 1.70 1.70 1.25 5.34 210.23<br>
</div>
<div>Pt.Colb-Ing N/A N/A N/A N/A N/A*<br>
</div>
<div>Cardnl-Ing 1.95N/A 1.70N/A 5.82 229.22 1.30 5.39 212.19<br>
</div>
<div>W O Feed 2.25 6.13 241.13<br>
</div>
<div><br>
</div>
<div>US Rep 2.22 6.09 239.85<br>
</div>
<div>Toledo El. 0.33 4.20 165.33 -0.26 3.83 150.71<br>
</div>
<div><br>
</div>
<div>TRANSFER<br>
</div>
<div>Pt. Colb 1.50 5.37 211.51N/A<br>
</div>
<div>Prescott 1.55 5.42 213.47N/A<br>
</div>
<div><br>
</div>
<div>MID SD CRN 1.22 1/2 5.09 3/4<br>
</div>
<div>HI SD CRN 1.25 5.12 1/4<br>
</div>
<div>*Wet Bid<br>
</div>
<div><br>
</div>
<div><br>
</div>
<div>Exchange rate was 1.308 down 0.0041<br>
</div>
<div>Chicago soybeans closed narrowly mixed.<br>
</div>
<div><br>
</div>
<div> NOV19 HI 9.40 NOV20 HI 9.79<br>
</div>
<div> LOW 9.30 1/4 LOW 9.70<br>
</div>
<div> CLOSE9.33 1/4 Down 3/4 CLOSE 9.73 1/4 Up 1/2<br>
</div>
<div><br>
</div>
<div> OLD CROP NEW CROP<br>
</div>
<div>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt<br>
</div>
<div>ELEVATORS +NOV1+JAN2+JAN20<br>
</div>
<div>CK Low 2.10 11.43 420.072.05 11.78 432.93<br>
</div>
<div>CK High 2.15 11.48 421.912.10 11.83 434.77<br>
</div>
<div>CK Average 2.13 -0.5711.47 421.302.08 -0.7111.82 434.16<br>
</div>
<div>Essex Cty 2.10 11.43 420.072.05 11.78 432.93<br>
</div>
<div>Mdsx Low 2.08 11.41 419.342.03 11.76 432.20<br>
</div>
<div>Mdsx High 2.15 11.48 421.912.10 11.83 434.77<br>
</div>
<div>Mdsx Average 2.12 -0.5811.45 420.622.07 -0.7211.80 433.48<br>
</div>
<div>Hensall 2.15 11.48 421.912.10 11.83 434.77<br>
</div>
<div>Bruce 2.15 11.48 421.912.10 11.83 434.77<br>
</div>
<div>Putnam 2.15 11.48 421.912.10 11.83 434.77<br>
</div>
<div>Burford 2.15 11.48 421.912.10 11.83 434.77<br>
</div>
<div>Port Perry 2.10 11.43 420.072.05 11.78 432.93<br>
</div>
<div>Norfolk 2.10 11.43 420.072.05 11.78 432.93<br>
</div>
<div>Palmerston 2.14 11.47 421.542.01 11.74 431.46<br>
</div>
<div>Varna 2.15 11.48 421.912.10 11.83 434.77<br>
</div>
<div>Trenton 2.15 11.48 421.912.10 11.83 434.77<br>
</div>
<div>Winchester 2.15 11.48 421.912.10 11.83 434.77<br>
</div>
<div>North Gower 2.22 11.55 424.482.15 11.88 436.61<br>
</div>
<div>Huron FOB 2.25 11.58 425.582.20 11.93 438.44<br>
</div>
<div>Kent FOB 2.10 11.43 420.072.05 11.78 432.93<br>
</div>
<div>Lambton FOB 2.30 11.63 427.422.15 11.88 436.61<br>
</div>
<div>Middlesex FOB2.18 2.18 N/A N/A 11.51 423.012.08 11.81 434.04<br>
</div>
<div><br>
</div>
<div>PROCESSORS<br>
</div>
<div>Windsor 2.42 11.75 431.832.41 12.14 446.16<br>
</div>
<div><br>
</div>
<div>TRANSFER<br>
</div>
<div>Hamilton 2.55 11.88 436.612.55 12.28 451.30<br>
</div>
<div>Prescott 2.45 11.78 432.93 N/A<br>
</div>
<div>Port Colborne2.59 11.92 438.08 N/A<br>
</div>
<div><br>
</div>
<div>Toledo El. -0.24 9.10 334.26-0.46 9.27 340.77<br>
</div>
<div><br>
</div>
<div><br>
</div>
<div>Exchange rate was 1.308 down 0.0041<br>
</div>
<div>Chicago wheat closed moderately lower.<br>
</div>
<div>DEC19 HI 5.35 JUL20 HI 5.45 3/4<br>
</div>
<div> LOW 5.22 3/4 LOW 5.37 1/4<br>
</div>
<div> CLOSE 5.23 1/2 Down 8 3/4 CLOSE 5.37 3/4 Down 6 1/4<br>
</div>
<div><br>
</div>
<div>Minni wheat closed moderately lower.<br>
</div>
<div>DEC19 HI 5.46 SEP20 HI 5.82 1/4<br>
</div>
<div> LOW 5.37 LOW 5.73<br>
</div>
<div> CLOSE 5.37 3/4 Down 6 3/4 CLOSE 5.74 Down 6 3/4<br>
</div>
<div><br>
</div>
<div>GFO Cash Wheat Prices - DEL Terminal<br>
</div>
<div>Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)<br>
</div>
<div>Basis 2.07 2.27 1.94 1.26<br>
</div>
<div>CAD $/bu 7.31 7.50 7.17 6.64<br>
</div>
<div>CAD $/tonne 268.43 275.64 263.62 244.04<br>
</div>
<div><br>
</div>
<div><br>
</div>
<div>Direct MarkHarvest 2019 Harvest 2020<br>
</div>
<div> DELIVERED BASIS DELIVERED BASIS<br>
</div>
<div>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)<br>
</div>
<div>ELEVATORS<br>
</div>
<div>Brgssvll N/A N/A 1.65 N/A N/A N/A 1.20 N/A<br>
</div>
<div>London 1.77 2.04 1.64 N/A 1.35 1.61 1.22 N/A<br>
</div>
<div>Hensall 1.75 N/A 1.65 N/A 1.40 N/A 1.20 N/A<br>
</div>
<div>Trenton N/A N/A N/A N/A N/A N/A 1.30 N/A<br>
</div>
<div>Bruce 1.75 2.00 1.60 1.50 1.40 1.60 1.20 1.05<br>
</div>
<div>Essex N/A N/A 1.60 N/A N/A N/A 1.15 N/A<br>
</div>
<div>Norwich 1.75 N/A 1.65 N/A 1.40 N/A 1.20 N/A<br>
</div>
<div>Port Hope N/A N/A 1.65 N/A N/A N/A 1.30 N/A<br>
</div>
<div>Kent Bridge 1.75 N/A 1.65 N/A 1.40 N/A 1.20 N/A<br>
</div>
<div>Chatham N/A N/A 1.60 N/A N/A N/A 1.15 N/A<br>
</div>
<div>Brigden N/A N/A 1.60 N/A N/A N/A 1.15 N/A<br>
</div>
<div>Palmerston N/A N/A 1.63 1.28 N/A N/A 1.22 0.94<br>
</div>
<div>Varna 1.75 2.05 1.65 N/A 1.40 1.60 1.20 N/A<br>
</div>
<div>Mitchell 1.75 1.95 1.65 N/A 1.40 1.60 1.20 N/A<br>
</div>
<div>Thornton N/A N/A N/A 1.58 N/A N/A N/A N/A<br>
</div>
<div>North Gower N/A 1.80 1.55 1.00 N/A 1.78 1.48 0.95<br>
</div>
<div>W O Feed 2.24<br>
</div>
<div><br>
</div>
<div>TERMINAL<br>
</div>
<div>Port Colbor 2.11 2.38 2.05 N/A N/A N/A N/A N/A<br>
</div>
<div><br>
</div>
<div>PROCESSORS<br>
</div>
<div>Toledo FM N/A N/A 2.14 N/A N/A N/A 1.66 N/A<br>
</div>
<div><br>
</div>
<div>Toledo El. 5.42US 7.08CA 5.38US 7.04CA<br>
</div>
<div><br>
</div>
<div>GFO Contract Wheat Prices - DEL Terminal<br>
</div>
<div>Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)<br>
</div>
<div>Basis 1.60 1.86 1.53 0.99<br>
</div>
<div>CAD $/bu 6.97 7.24 6.91 6.73<br>
</div>
<div>CAD $/tonne 256.29 265.91 253.88 247.27<br>
</div>
<div><br>
</div>
<div>(C)-Basis over the Chicago Board of Trade futures<br>
</div>
<div>(M)-Basis over the Minneapolis Grain Exchange<br>
</div>
<div><br>
</div>
<div>FEED GRAINS<br>
</div>
<div>FOB Hm Soymeal 521.07<br>
</div>
<div>DDG's FOB Srn & Aylm 225.00<br>
</div>
<span></span></span><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<p style="text-decoration-line: underline; 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="text-decoration-line: underline; 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="text-decoration-line: underline; 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="text-decoration-line: underline; margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size:10.0pt;font-family:"Courier New""><br>
</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size: 10pt; font-family: "Courier New";"><o:p style=""> </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>
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<span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
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<span style="font-size: 10pt; line-height: 115%; font-family: "Courier New";">Fax. 519-674-1530<br>
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