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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, October 20</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3116 down 0.0054</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> DEC20 HI 4.09 3/4 DEC21 HI 4.00 1/2</u></div>
<div><u> LOW 4.03 1/2 LOW 3.97</u></div>
<div><u> CLOSE4.08 3/4 Up 3 1/2 CLOSE 4.00 1/4 Up 2 1/4</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+MAR21+MAR21</u></div>
<div><u>CK Low 1.15 5.24 206.19 0.85 4.85 191.03</u></div>
<div><u>CK High 1.20 5.29 208.16 0.90 4.90 193.00</u></div>
<div><u>CK Avg 1.18 -0.08 5.26 207.18 0.88 -0.27 4.89 192.35</u></div>
<div><u>Essex Cty 1.20 5.29 208.16 0.90 4.90 193.00</u></div>
<div><u>Mdsx Low 1.15 5.24 206.19 0.90 4.90 193.00</u></div>
<div><u>Mdsx High 1.20 5.29 208.16 0.90 4.90 193.00</u></div>
<div><u>Mdsx Avg 1.18 -0.08 5.26 207.18 0.90 -0.26 4.90 193.00</u></div>
<div><u>Hensall 1.18 5.27 207.50 0.88 4.89 192.35</u></div>
<div><u>Bruce 1.20 5.29 208.16 0.85 4.85 191.03</u></div>
<div><u>Putnam 1.20 5.29 208.16 0.90 4.90 193.00</u></div>
<div><u>Burford 1.15 5.24 206.19 0.90 4.90 193.00</u></div>
<div><u>Port Perry 1.20 5.29 208.16 0.95 4.95 194.97</u></div>
<div><u>Norfolk 1.20 5.29 208.16 0.90 4.90 193.00</u></div>
<div><u>Palmerston 1.11 5.20 204.62 0.88 4.88 192.22</u></div>
<div><u>Varna 1.15 5.24 206.19 0.85 4.85 191.03</u></div>
<div><u>Trenton 1.20 5.29 208.16 0.95 4.95 194.97</u></div>
<div><u>Winchester 1.55 5.64 221.94 1.30 5.30 208.75</u></div>
<div><u>North Gower 1.46 5.55 218.40 1.26 5.26 207.18</u></div>
<div><u>Vankleek Hil 1.29 5.38 211.70 0.93 4.93 194.18</u></div>
<div><u>Huron FOB 1.23 1.23 1.31 1.36 5.32 209.34N/A</u></div>
<div><u>Kent FOB N/A 0.95 4.95 194.97</u></div>
<div><u>Lamb FOB N/A 1.00 5.00 196.94</u></div>
<div><u>Mdsx FOB 1.30 1.30 1.45 1.50 5.39 212.10N/A</u></div>
<div><u>FOB SW Que 1.60 5.69 223.91N/A</u></div>
<div><u>Track 1.63 5.72 225.09N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 1.56 1.58 1.19 5.19 204.42</u></div>
<div><u>Jhnstwn-Eth N/A N/A 1.71 1.71 1.39 5.39 212.29</u></div>
<div><u>Aylmer-Eth N/A 1.55 1.55 1.60 N/A</u></div>
<div><u>Sarn-Eth N/A 1.40 1.45 1.50 N/A</u></div>
<div><u>London-Ing N/A 1.55 1.60 1.65 1.25 5.25 206.78</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A N/A</u></div>
<div><u>Cardnl-Ing 1.75 1.65 1.60 1.65 5.84 229.81 1.35 5.35 210.72</u></div>
<div><u>W O Feed 1.83 5.92 233.06</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.93 6.02 236.90</u></div>
<div><u>Toledo El. -0.20 3.89 153.17 -0.26 3.74 147.26</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.55 5.64 221.94 1.00 5.00 196.94</u></div>
<div><u>Prescott 1.69 5.78 227.45 1.32 5.32 209.54</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.20 5.28 3/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3116 down 0.0054</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> NOV20 HI 10.65 3/4 NOV21 HI 9.79 1/2</u></div>
<div><u> LOW 10.51 1/4 LOW 9.70 1/4</u></div>
<div><u> CLOSE10.64 Up 9 3/4 CLOSE 9.79 1/4 Up 6 1/4</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+JAN21+JAN21</u></div>
<div><u>CK Low 2.75 13.39 492.00 2.44 12.23 449.47</u></div>
<div><u>CK High 2.81 13.45 494.20 2.45 12.24 449.83</u></div>
<div><u>CK Average 2.79 -0.40 13.43 493.59 2.45 -0.44 12.24 449.77</u></div>
<div><u>Essex Cty 2.70 13.34 490.16 2.45 12.24 449.83</u></div>
<div><u>Mdsx Low 2.80 13.44 493.84 2.45 12.24 449.83</u></div>
<div><u>Mdsx High 2.82 13.46 494.57 2.45 12.24 449.83</u></div>
<div><u>Mdsx Average2.81 -0.39 13.45 494.20 2.45 -0.44 12.24 449.83</u></div>
<div><u>Hensall 2.87 13.51 496.29 2.48 12.28 451.06</u></div>
<div><u>Bruce 2.85 13.49 495.67 2.50 12.29 451.67</u></div>
<div><u>Putnam 2.80 13.44 493.84 2.45 12.24 449.83</u></div>
<div><u>Burford 2.89 13.53 497.14 2.52 12.31 452.41</u></div>
<div><u>Port Perry 2.81 13.45 494.20 2.44 12.23 449.47</u></div>
<div><u>Norfolk 2.80 13.44 493.84 2.45 12.24 449.83</u></div>
<div><u>Palmerston 2.82 13.46 494.57 2.52 12.31 452.41</u></div>
<div><u>Varna 2.90 13.54 497.51 2.50 12.29 451.67</u></div>
<div><u>Trenton 2.80 13.44 493.84 2.45 12.24 449.83</u></div>
<div><u>Winchester 3.00 13.64 501.18 2.63 12.42 456.45</u></div>
<div><u>North Gower 2.88 13.52 496.77 2.54 12.33 453.14</u></div>
<div><u>Vankleek Hil2.86 13.50 496.04 2.41 12.20 448.37</u></div>
<div><u>Huron FOB 3.03 3.16 3.16 2.90 13.67 502.29 N/A</u></div>
<div><u>Kent FOB 2.80 13.44 493.84 2.45 12.24 449.83</u></div>
<div><u>Lambton FOB 2.90 13.54 497.51 2.40 12.19 448.00</u></div>
<div><u>Mdsx FOB 2.98 3.17 3.11 2.97 13.62 500.45 2.57 12.36 454.24</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.98 13.62 500.45 2.56 12.35 453.88</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.25 13.89 510.37 2.85 12.64 464.53</u></div>
<div><u>Prescott 3.12 13.76 505.59 2.80 12.59 462.70</u></div>
<div><u>Port Colborn3.45 14.09 517.72 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.16 10.48 385.17 -0.46 9.33 342.97</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3116 down 0.0054</u></div>
<div><u>Chicago wheat closed slightly to moderately higher.</u></div>
<div><u>DEC20 HI 6.38 1/4 JUL21 HI 6.20</u></div>
<div><u> LOW 6.23 1/2 LOW 6.08</u></div>
<div><u> CLOSE 6.32 Up 5 CLOSE 6.18 1/2 Up 7 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately higher.</u></div>
<div><u>DEC20 HI 5.78 3/4 SEP21 HI 5.95 1/4</u></div>
<div><u> LOW 5.67 1/2 LOW 5.86 1/2</u></div>
<div><u> CLOSE 5.77 3/4 Up 8 1/2 CLOSE 5.95 1/4 Up 7 1/4</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 1.51 1.71 1.51 1.34</u></div>
<div><u>CAD $/bu 7.83 8.03 7.83 7.12</u></div>
<div><u>CAD $/tonne 287.70 294.93 287.70 261.56</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 1.10 N/A N/A N/A 1.15 N/A</u></div>
<div><u>London 1.35 1.42 1.15 N/A 1.62 1.62 1.20 N/A</u></div>
<div><u>Hensall 1.35 N/A 1.10 N/A 1.40 N/A 1.15 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.20 N/A</u></div>
<div><u>Bruce 1.10 1.25 1.10 1.25 1.25 1.35 1.15 1.05</u></div>
<div><u>Essex N/A N/A 1.10 N/A N/A N/A 1.15 N/A</u></div>
<div><u>Norwich 1.35 N/A 1.10 N/A 1.40 N/A 1.15 N/A</u></div>
<div><u>Port Hope N/A N/A 1.10 N/A N/A N/A 1.15 N/A</u></div>
<div><u>Kent Bridge 1.35 N/A 1.10 N/A 1.40 N/A 1.15 N/A</u></div>
<div><u>Chatham N/A N/A 1.10 N/A N/A N/A 1.15 N/A</u></div>
<div><u>Brigden N/A N/A 1.10 N/A N/A N/A 1.20 N/A</u></div>
<div><u>Palmerston N/A 1.64 1.24 1.21 N/A 1.59 1.26 0.97</u></div>
<div><u>Varna 1.15 1.30 1.10 N/A 1.35 1.40 1.15 N/A</u></div>
<div><u>Mitchell 1.35 1.40 1.10 N/A 1.40 1.45 1.15 N/A</u></div>
<div><u>Thornton N/A N/A N/A 1.76 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.35 1.20 0.95 N/A 1.67 1.41 0.90</u></div>
<div><u>W O Feed 1.78</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.75 N/A N/A N/A 1.59 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.97 N/A N/A N/A 2.04 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 6.12US 8.03CA 6.14US 8.03CA</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 1.64 1.77 1.47 1.06</u></div>
<div><u>CAD $/bu 7.82 7.95 7.65 7.01</u></div>
<div><u>CAD $/tonne 287.47 292.28 281.22 257.52</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 580.82</u></div>
<div><u>DDG's FOB Srn & Aylm 250.00 - 275.00</u></div>
<u><br>
<br>
</u></div>
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<span style="font-size:10.0pt;font-family:"Courier New"">Blair Andrews<o:p> </o:p></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<o:p> </o:p></span></p>
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