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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, September 24</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3334 down 0.0032</u></div>
<div><u>Chicago corn closed moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> DEC20 HI 3.68 1/4 DEC20 HI 3.68 1/4</u></div>
<div><u> LOW 3.63 LOW 3.63</u></div>
<div><u> CLOSE3.63 1/2 Down 5 CLOSE 3.63 1/2 Down 5</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 +DEC20+DEC20+MAR21</u></div>
<div><u>CK Low 1.60 5.24 206.09 1.10 4.74 186.41</u></div>
<div><u>CK High 1.70 5.34 210.03 1.10 4.74 186.41</u></div>
<div><u>CK Avg 1.65 0.33 5.29 208.06 1.10 -0.09 4.74 186.41</u></div>
<div><u>Essex Cty 1.70 5.34 210.03 1.10 4.74 186.41</u></div>
<div><u>Mdsx Low 1.65 5.29 208.06 1.10 4.74 186.41</u></div>
<div><u>Mdsx High 1.65 5.29 208.06 1.10 4.74 186.41</u></div>
<div><u>Mdsx Avg 1.65 0.33 5.29 208.06 1.10 -0.09 4.74 186.41</u></div>
<div><u>Hensall 1.67 5.30 208.72 1.12 4.75 187.06</u></div>
<div><u>Bruce 1.65 5.29 208.06 1.10 4.74 186.41</u></div>
<div><u>Putnam 1.65 5.29 208.06 1.10 4.74 186.41</u></div>
<div><u>Burford 1.65 5.29 208.06 1.10 4.74 186.41</u></div>
<div><u>Port Perry 1.65 5.29 208.06 1.20 4.84 190.35</u></div>
<div><u>Norfolk 1.70 5.34 210.03 1.10 4.74 186.41</u></div>
<div><u>Palmerston 1.72 5.36 210.82 1.08 4.72 185.62</u></div>
<div><u>Varna 1.65 5.29 208.06 1.10 4.74 186.41</u></div>
<div><u>Trenton 1.65 5.29 208.06 1.20 4.84 190.35</u></div>
<div><u>Winchester N/A 1.50 5.14 202.16</u></div>
<div><u>North Gower 1.65 5.29 208.06 1.45 5.09 200.19</u></div>
<div><u>Vankleek Hil 1.37 5.01 197.04 1.24 4.88 191.92</u></div>
<div><u>Huron FOB 2.07 5.71 224.60 1.20 4.84 190.35</u></div>
<div><u>Kent FOB 1.90 5.54 217.90 1.20 4.84 190.35</u></div>
<div><u>Lamb FOB 2.05 5.69 223.81 1.25 4.89 192.31</u></div>
<div><u>Mdsx FOB 2.10 1.20 1.20N/A 5.74 225.78 1.20 4.84 190.35</u></div>
<div><u>FOB SW Que 1.67 5.31 208.85N/A</u></div>
<div><u>Track 2.13 5.76 226.76N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A 1.45 N/A</u></div>
<div><u>Jhnstwn-Eth N/A N/A 1.56 1.59 1.56 5.20 204.52</u></div>
<div><u>Aylmer-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Sarn-Eth N/A N/A 1.25N/A 1.25 4.89 192.31</u></div>
<div><u>London-Ing N/A 1.65 1.45 1.45 1.45 5.09 200.19</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A N/A</u></div>
<div><u>Cardnl-Ing N/A 1.70 1.65 1.50 1.65* 5.29 208.06</u></div>
<div><u>W O Feed 2.37 6.01 236.56</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.08 5.72 224.99</u></div>
<div><u>Toledo El. -0.20 3.43 135.23 -0.27 3.37 132.58</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 2.20 5.84 229.71 1.50 5.14 202.16</u></div>
<div><u>Prescott 1.90 5.54 217.90 1.77 5.41 212.79</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.10 4.73 1/2</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3334 down 0.0032</u></div>
<div><u>Chicago soybeans closed mixed.</u></div>
<div><u><br>
</u></div>
<div><u> NOV20 HI 10.14 3/4 NOV21 HI 9.57 3/4</u></div>
<div><u> LOW 9.97 1/4 LOW 9.44 1/2</u></div>
<div><u> CLOSE10.00 Down 14 1/2 CLOSE 9.46 1/4 Down 9 3/4</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 Basis U.S. $/bu $/mt</u></div>
<div><u>ELEVATORS +NOV20+NOV20+JAN21</u></div>
<div><u>CK Low 2.70 12.70 466.65 2.45 11.91 437.71</u></div>
<div><u>CK High 2.75 12.75 468.48 2.52 11.98 440.28</u></div>
<div><u>CK Average 2.73 -0.45 12.73 467.81 2.46 -0.54 11.93 438.22</u></div>
<div><u>Essex Cty 2.70 12.70 466.65 2.45 11.91 437.71</u></div>
<div><u>Mdsx Low 2.72 12.72 467.38 2.45 11.91 437.71</u></div>
<div><u>Mdsx High 2.75 12.75 468.48 2.50 11.96 439.55</u></div>
<div><u>Mdsx Average2.74 -0.45 12.74 467.93 2.48 -0.53 11.94 438.63</u></div>
<div><u>Hensall 2.73 12.73 467.87 2.45 11.91 437.71</u></div>
<div><u>Bruce 2.70 12.70 466.65 2.45 11.91 437.71</u></div>
<div><u>Putnam 2.75 12.75 468.48 2.45 11.91 437.71</u></div>
<div><u>Burford 2.79 12.79 469.95 2.57 12.03 442.12</u></div>
<div><u>Port Perry 2.71 12.71 467.01 2.49 11.95 439.18</u></div>
<div><u>Norfolk 2.70 12.70 466.65 2.45 11.91 437.71</u></div>
<div><u>Palmerston 2.61 12.61 463.34 2.56 12.02 441.75</u></div>
<div><u>Varna 2.70 12.70 466.65 2.45 11.91 437.71</u></div>
<div><u>Trenton 2.75 12.75 468.48 2.45 11.91 437.71</u></div>
<div><u>Winchester 2.82 12.82 471.05 2.62 12.08 443.96</u></div>
<div><u>North Gower 2.77 12.77 469.22 2.51 11.97 439.91</u></div>
<div><u>Vankleek Hil2.94 12.94 475.46 2.58 12.04 442.49</u></div>
<div><u>Huron FOB 2.82 12.82 471.05 N/A</u></div>
<div><u>Kent FOB 2.75 12.75 468.48 2.45 11.91 437.71</u></div>
<div><u>Lambton FOB 2.80 12.80 470.32 2.50 11.96 439.55</u></div>
<div><u>Mdsx FOB 2.87 2.87 3.08 N/A 12.87 472.89 2.69 12.15 446.53</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.09 13.09 480.98 2.57 12.03 442.12</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.25 13.25 486.85 2.85 12.31 452.41</u></div>
<div><u>Prescott 3.15 13.15 483.18 2.84 12.30 452.04</u></div>
<div><u>Port Colborn3.28 13.28 487.96 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.27 9.73 357.64 -0.47 8.99 330.50</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3334 down 0.0032</u></div>
<div><u>Chicago wheat closed slightly higher.</u></div>
<div><u>DEC20 HI 5.54 1/4 JUL21 HI 5.64 1/4</u></div>
<div><u> LOW 5.41 LOW 5.53</u></div>
<div><u> CLOSE 5.49 3/4 Up 3/4 CLOSE 5.61 Up 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>DEC20 HI 5.36 SEP21 HI 5.68 1/2</u></div>
<div><u> LOW 5.29 LOW 5.62 1/4</u></div>
<div><u> CLOSE 5.34 3/4 Up 1 3/4 CLOSE 5.68 1/2 Up 3/4</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 1.37 1.57 1.37 1.32</u></div>
<div><u>CAD $/bu 6.86 7.06 6.86 6.66</u></div>
<div><u>CAD $/tonne 252.20 259.55 252.20 244.85</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2020 Harvest 2021</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 1.05 N/A N/A N/A 1.15 N/A</u></div>
<div><u>London 1.17 1.24 1.04 N/A 1.55 1.55 1.15 N/A</u></div>
<div><u>Hensall 1.30 N/A 1.05 N/A 1.35 N/A 1.15 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.05 N/A</u></div>
<div><u>Bruce 1.05 1.15 1.05 0.95 1.25 1.20 1.15 N/A</u></div>
<div><u>Essex N/A N/A 1.05 N/A N/A N/A 1.20 N/A</u></div>
<div><u>Norwich 1.30 N/A 1.05 N/A 1.35 N/A 1.15 N/A</u></div>
<div><u>Port Hope N/A N/A 1.05 N/A N/A N/A 1.15 N/A</u></div>
<div><u>Kent Bridge 1.30 N/A 1.05 N/A 1.35 N/A 1.15 N/A</u></div>
<div><u>Chatham N/A N/A 1.05 N/A N/A N/A 1.20 N/A</u></div>
<div><u>Brigden N/A N/A 1.05 N/A N/A N/A 1.20 N/A</u></div>
<div><u>Palmerston N/A 1.50 1.09 1.18 N/A 1.71 1.24 0.83</u></div>
<div><u>Varna 1.10 1.20 1.05 N/A 1.30 1.25 1.15 N/A</u></div>
<div><u>Mitchell 1.30 1.35 1.05 N/A 1.35 1.45 1.15 N/A</u></div>
<div><u>Thornton N/A N/A N/A 1.19 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.40 1.25 1.00 N/A 1.65 1.46 0.92</u></div>
<div><u>W O Feed 1.65</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.51 N/A N/A N/A 1.55 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.83 N/A N/A N/A 2.02 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.40US 7.20CA 5.56US 7.43CA</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 21 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 1.75 1.89 1.55 1.11</u></div>
<div><u>CAD $/bu 7.36 7.50 7.16 6.80</u></div>
<div><u>CAD $/tonne 270.59 275.50 263.23 249.72</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 536.28</u></div>
<div><u>DDG's FOB Srn & Aylm 250.00</u></div>
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<p class="MsoNoSpacing" style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size: 10pt; font-family: "Courier New";">Blair Andrews<o:p style=""> </o:p></span></p>
<p class="MsoNoSpacing" 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
<o:p> </o:p></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">University of Guelph, Ridgetown Campus<o:p> </o:p></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">
</span><o:p> </o:p></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; font-family: "Courier New";">Fax. 519-674-1530<br>
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