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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, October 24<br>
</u></span>
<div><u>(All Bases in CAD)<br>
</u></div>
<div><u>Exchange rate was 1.3068 down 0.0005<br>
</u></div>
<div><u>Chicago corn closed slightly lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> DEC19 HI 3.90 3/4 DEC20 HI 4.10 1/4<br>
</u></div>
<div><u> LOW 3.85 1/4 LOW 4.08<br>
</u></div>
<div><u> CLOSE3.86 3/4 Down 1 CLOSE 4.08 1/4 Down 1<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 1.20 5.07 199.50 0.90 4.98 196.15<br>
</u></div>
<div><u>CK High 1.25 5.12 201.47 0.90 4.98 196.15<br>
</u></div>
<div><u>CK Avg 1.23 0.04 5.10 200.81 0.90 -0.27 4.98 196.15<br>
</u></div>
<div><u>Essex Cty 1.25 5.12 201.47 0.90 4.98 196.15<br>
</u></div>
<div><u>Mdsx Low 1.20 5.07 199.50 0.90 4.98 196.15<br>
</u></div>
<div><u>Mdsx High 1.25 5.12 201.47 0.90 4.98 196.15<br>
</u></div>
<div><u>Mdsx Avg 1.23 0.03 5.09 200.48 0.90 -0.27 4.98 196.15<br>
</u></div>
<div><u>Hensall 1.25 5.12 201.47 0.90 4.98 196.15<br>
</u></div>
<div><u>Bruce 1.25 5.12 201.47 0.90 4.98 196.15<br>
</u></div>
<div><u>Putnam 1.20 5.07 199.50 0.90 4.98 196.15<br>
</u></div>
<div><u>Burford 1.25 5.12 201.47 0.90 4.98 196.15<br>
</u></div>
<div><u>Port Perry 1.35 5.22 205.40 0.90 4.98 196.15<br>
</u></div>
<div><u>Norfolk 1.25 5.12 201.47 0.90 4.98 196.15<br>
</u></div>
<div><u>Palmerston 1.19 5.06 199.10 0.86 4.94 194.58<br>
</u></div>
<div><u>Varna 1.25 5.12 201.47 0.85 4.93 194.18<br>
</u></div>
<div><u>Trenton 1.30 5.17 203.44 0.90 4.98 196.15<br>
</u></div>
<div><u>Winchester 1.45 5.32 209.34 1.10 5.18 204.03<br>
</u></div>
<div><u>North Gower 1.35 5.22 205.40 1.05 5.13 202.06<br>
</u></div>
<div><u>Huron FOB 1.35 5.22 205.40 0.95 5.03 198.12<br>
</u></div>
<div><u>Kent FOB 1.30 5.17 203.44 0.95 5.03 198.12<br>
</u></div>
<div><u>Lamb FOB 1.35 5.22 205.40 1.05 5.13 202.06<br>
</u></div>
<div><u>Mdsx FOB 1.25 1.30 1.40 1.45 5.12 201.47 1.00 5.08 200.09<br>
</u></div>
<div><u>FOB SW Que 2.60 6.47 254.61N/A<br>
</u></div>
<div><u>Track 1.53 5.39 212.29N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A N/A<br>
</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.40 5.48 215.84<br>
</u></div>
<div><u>Aylmer-Eth N/A N/A 1.45 1.50 1.15 5.23 205.99<br>
</u></div>
<div><u>Sarn-Eth 1.40 1.40N/A N/A 5.27 207.37N/A<br>
</u></div>
<div><u>London-Ing N/A N/A N/A N/A N/A<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 N/A N/A 5.82 229.02N/A<br>
</u></div>
<div><u>W O Feed 2.37 6.24 245.66<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.22 6.09 239.65<br>
</u></div>
<div><u>Toledo El. 0.39 4.26 167.69 -0.26 3.82 150.43<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.50 5.37 211.31N/A<br>
</u></div>
<div><u>Prescott 1.55 5.42 213.28N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.22 1/2 5.09 1/4<br>
</u></div>
<div><u>HI SD CRN 1.25 5.11 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 1.3068 down 0.0005<br>
</u></div>
<div><u>Chicago soybeans closed narrowly mixed.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> NOV19 HI 9.39 NOV20 HI 9.78 1/4<br>
</u></div>
<div><u> LOW 9.32 3/4 LOW 9.71 1/2<br>
</u></div>
<div><u> CLOSE9.33 1/4 Down 1/2 CLOSE 9.74 1/4 Up 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 2.08 11.41 419.342.01 11.75 431.83<br>
</u></div>
<div><u>CK High 2.10 11.43 420.072.10 11.84 435.14<br>
</u></div>
<div><u>CK Average 2.10 -0.5911.43 419.952.05 -0.7211.79 433.36<br>
</u></div>
<div><u>Essex Cty 2.10 11.43 420.072.05 11.79 433.30<br>
</u></div>
<div><u>Mdsx Low 2.06 11.39 418.601.99 11.73 431.10<br>
</u></div>
<div><u>Mdsx High 2.10 11.43 420.072.05 11.79 433.30<br>
</u></div>
<div><u>Mdsx Average 2.08 -0.6011.41 419.342.02 -0.7511.76 432.20<br>
</u></div>
<div><u>Hensall 2.10 11.43 420.072.05 11.79 433.30<br>
</u></div>
<div><u>Bruce 2.10 11.43 420.072.05 11.79 433.30<br>
</u></div>
<div><u>Putnam 2.10 11.43 420.072.05 11.79 433.30<br>
</u></div>
<div><u>Burford 2.13 11.46 421.172.06 11.80 433.67<br>
</u></div>
<div><u>Port Perry 2.08 11.41 419.342.01 11.75 431.83<br>
</u></div>
<div><u>Norfolk 2.10 11.43 420.072.05 11.79 433.30<br>
</u></div>
<div><u>Palmerston 2.12 11.45 420.812.08 11.82 434.40<br>
</u></div>
<div><u>Varna 2.10 11.43 420.072.05 11.79 433.30<br>
</u></div>
<div><u>Trenton 2.10 11.43 420.072.05 11.79 433.30<br>
</u></div>
<div><u>Winchester 2.15 11.48 421.912.10 11.84 435.14<br>
</u></div>
<div><u>North Gower 2.17 11.50 422.642.09 11.83 434.77<br>
</u></div>
<div><u>Huron FOB 2.20 11.53 423.752.15 11.89 436.97<br>
</u></div>
<div><u>Kent FOB 2.10 11.43 420.072.05 11.79 433.30<br>
</u></div>
<div><u>Lambton FOB 2.20 11.53 423.752.10 11.84 435.14<br>
</u></div>
<div><u>Middlesex FOB2.20 2.20 N/A N/A 11.53 423.752.05 11.79 433.30<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 2.40 11.73 431.102.40 12.14 446.16<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 2.55 11.88 436.612.50 12.24 449.83<br>
</u></div>
<div><u>Prescott 2.35 11.68 429.26 N/A<br>
</u></div>
<div><u>Port Colborne2.61 11.94 438.81 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.24 9.10 334.27-0.46 9.28 341.16<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3068 down 0.0005<br>
</u></div>
<div><u>Chicago wheat closed slightly lower.<br>
</u></div>
<div><u>DEC19 HI 5.23 3/4 JUL20 HI 5.37<br>
</u></div>
<div><u> LOW 5.15 1/2 LOW 5.29 1/4<br>
</u></div>
<div><u> CLOSE 5.16 Down 4 3/4 CLOSE 5.30 1/4 Down 4 1/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.<br>
</u></div>
<div><u>DEC19 HI 5.49 3/4 SEP20 HI 5.80<br>
</u></div>
<div><u> LOW 5.36 1/2 LOW 5.73 3/4<br>
</u></div>
<div><u> CLOSE 5.40 Down 2 1/4 CLOSE 5.77 1/4 Down 1<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 2.04 2.24 1.91 1.26<br>
</u></div>
<div><u>CAD $/bu 7.20 7.40 7.07 6.66<br>
</u></div>
<div><u>CAD $/tonne 264.58 271.78 259.78 244.89<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 1.71 1.98 1.58 N/A 1.30 1.56 1.17 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 N/A N/A N/A N/A 1.25 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 1.15 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 1.15 N/A<br>
</u></div>
<div><u>Brigden N/A N/A 1.60 N/A N/A N/A 1.15 N/A<br>
</u></div>
<div><u>Palmerston N/A N/A 1.58 1.27 N/A N/A 1.20 0.92<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 1.42 N/A N/A N/A N/A<br>
</u></div>
<div><u>North Gower N/A 1.75 1.55 0.95 N/A 1.77 1.47 0.95<br>
</u></div>
<div><u>W O Feed 2.23<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor 2.05 2.31 1.99 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 2.11 N/A N/A N/A 1.63 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.34US 6.98CA 5.30US 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 1.57 1.83 1.50 0.99<br>
</u></div>
<div><u>CAD $/bu 6.87 7.13 6.80 6.76<br>
</u></div>
<div><u>CAD $/tonne 252.37 261.97 249.96 248.52<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 518.76<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 215.00 - 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>
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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>
<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
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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"">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>
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<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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