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Please note that the Soybean Report now uses the January Future for Old Crop</div>
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Thank you</div>
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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, October 26</u>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.32 up 0.0059</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> DEC20 HI 4.19 3/4 DEC21 HI 3.94 1/4</u></div>
<div><u> LOW 4.12 3/4 LOW 3.90</u></div>
<div><u> CLOSE4.17 3/4 Down 1 1/2 CLOSE 3.92 1/4 Down 1 3/4</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 1.20 5.38 211.70 0.90 4.82 189.85</u></div>
<div><u>CK High 1.20 5.38 211.70 0.90 4.82 189.85</u></div>
<div><u>CK Avg 1.20 -0.10 5.38 211.70 0.90 -0.27 4.82 189.85</u></div>
<div><u>Essex Cty 1.20 5.38 211.70 0.90 4.82 189.85</u></div>
<div><u>Mdsx Low 1.20 5.38 211.70 0.90 4.82 189.85</u></div>
<div><u>Mdsx High 1.20 5.38 211.70 0.90 4.82 189.85</u></div>
<div><u>Mdsx Avg 1.20 -0.10 5.38 211.70 0.90 -0.27 4.82 189.85</u></div>
<div><u>Hensall 1.22 5.39 212.36 0.88 4.81 189.20</u></div>
<div><u>Bruce 1.25 5.43 213.67 0.90 4.82 189.85</u></div>
<div><u>Putnam 1.20 5.38 211.70 0.90 4.82 189.85</u></div>
<div><u>Burford 1.20 5.38 211.70 0.90 4.82 189.85</u></div>
<div><u>Port Perry 1.35 5.53 217.61 0.95 4.87 191.82</u></div>
<div><u>Norfolk 1.20 5.38 211.70 0.90 4.82 189.85</u></div>
<div><u>Palmerston 1.21 5.39 212.10 0.86 4.78 188.28</u></div>
<div><u>Varna 1.20 5.38 211.70 0.85 4.77 187.89</u></div>
<div><u>Trenton 1.45 5.63 221.54 0.95 4.87 191.82</u></div>
<div><u>Winchester 1.55 5.73 225.48 1.25 5.17 203.63</u></div>
<div><u>North Gower 1.46 5.64 221.94 1.28 5.20 204.81</u></div>
<div><u>Vankleek Hil 1.45 5.63 221.54 1.05 4.97 195.76</u></div>
<div><u>Huron FOB 1.32 1.32 1.39 1.44 5.50 216.43N/A</u></div>
<div><u>Kent FOB N/A 0.95 4.87 191.82</u></div>
<div><u>Lamb FOB N/A 1.00 4.92 193.79</u></div>
<div><u>Mdsx FOB 1.35 1.35 1.45 1.50 5.53 217.61N/A</u></div>
<div><u>FOB SW Que 1.60 5.78 227.45N/A</u></div>
<div><u>Track 1.64 5.81 228.83N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 1.56 1.57 1.17 5.09 200.48</u></div>
<div><u>Jhnstwn-Eth N/A N/A 1.59 1.65 1.37 5.29 208.36</u></div>
<div><u>Aylmer-Eth N/A 1.60 1.60 1.60 1.20 5.12 201.66</u></div>
<div><u>Sarn-Eth N/A 1.40 1.45 1.50 N/A</u></div>
<div><u>London-Ing N/A 1.60 1.65 1.65 1.25 5.17 203.63</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 1.60 1.65 1.65 1.38 5.30 208.75</u></div>
<div><u>W O Feed 1.87 6.05 238.24</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.01 6.19 243.59</u></div>
<div><u>Toledo El. -0.07 4.11 161.86 -0.26 3.66 144.02</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.70 5.88 231.39 1.00 4.92 193.79</u></div>
<div><u>Prescott 1.70 5.88 231.39 1.39 5.31 209.14</u></div>
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</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.20 5.37 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 1.32 up 0.0059</u></div>
<div><u>Chicago soybeans closed narrowly mixed.</u></div>
<div><u><br>
</u></div>
<div><u> JAN21 HI 10.87 3/4 NOV21 HI 9.85 3/4</u></div>
<div><u> LOW 10.75 1/4 LOW 9.77 1/4</u></div>
<div><u> CLOSE10.83 1/2 Up 2 1/2 CLOSE 9.82 3/4 Unchanged</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 +JAN21+JAN21+JAN21</u></div>
<div><u>CK Low 2.90 13.74 504.67 2.47 12.30 451.86</u></div>
<div><u>CK High 2.90 13.74 504.67 2.50 12.33 452.96</u></div>
<div><u>CK Average 2.90 -0.43 13.74 504.67 2.50 -0.50 12.32 452.77</u></div>
<div><u>Essex Cty 2.80 13.64 501.00 2.50 12.33 452.96</u></div>
<div><u>Mdsx Low 2.91 13.75 505.04 2.48 12.31 452.22</u></div>
<div><u>Mdsx High 2.95 13.79 506.51 2.50 12.33 452.96</u></div>
<div><u>Mdsx Average2.93 -0.41 13.77 505.78 2.49 -0.51 12.32 452.59</u></div>
<div><u>Hensall 2.98 13.81 507.49 2.50 12.33 452.96</u></div>
<div><u>Bruce 2.99 13.83 507.98 2.50 12.33 452.96</u></div>
<div><u>Putnam 2.95 13.79 506.51 2.50 12.33 452.96</u></div>
<div><u>Burford 2.98 13.82 507.61 2.55 12.38 454.80</u></div>
<div><u>Port Perry 2.90 13.74 504.67 2.47 12.30 451.86</u></div>
<div><u>Norfolk 2.95 13.79 506.51 2.50 12.33 452.96</u></div>
<div><u>Palmerston 2.98 13.82 507.61 2.55 12.38 454.80</u></div>
<div><u>Varna 2.94 13.78 506.14 2.50 12.33 452.96</u></div>
<div><u>Trenton 2.95 13.79 506.51 2.50 12.33 452.96</u></div>
<div><u>Winchester 3.10 13.94 512.02 2.63 12.46 457.73</u></div>
<div><u>North Gower 2.98 13.82 507.61 2.60 12.43 456.63</u></div>
<div><u>Vankleek Hil2.94 13.78 506.14 2.54 12.37 454.43</u></div>
<div><u>Huron FOB 3.17 3.30 3.33 2.99 14.01 514.60 N/A</u></div>
<div><u>Kent FOB 2.90 13.74 504.67 2.50 12.33 452.96</u></div>
<div><u>Lambton FOB 3.05 13.89 510.19 2.45 12.28 451.12</u></div>
<div><u>Mdsx FOB 3.02 3.22 3.22 3.02 13.86 509.08 2.58 12.41 455.90</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.15 13.99 513.86 2.67 12.50 459.20</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.45 14.29 524.88 2.90 12.73 467.66</u></div>
<div><u>Prescott 3.21 14.05 516.07 2.78 12.61 463.25</u></div>
<div><u>Port Colborn3.50 14.34 526.72 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.01 10.82 397.63 -0.46 9.37 344.11</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.32 up 0.0059</u></div>
<div><u>Chicago wheat closed moderately lower to lower.</u></div>
<div><u>DEC20 HI 6.33 JUL21 HI 6.18</u></div>
<div><u> LOW 6.16 LOW 6.03 1/4</u></div>
<div><u> CLOSE 6.20 Down 12 3/4 CLOSE 6.08 1/4 Down 9 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately lower to lower.</u></div>
<div><u>DEC20 HI 5.77 1/4 SEP21 HI 5.95 1/4</u></div>
<div><u> LOW 5.63 3/4 LOW 5.83 1/2</u></div>
<div><u> CLOSE 5.65 Down 12 1/2 CLOSE 5.86 3/4 Down 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 1.52 1.72 1.52 1.35</u></div>
<div><u>CAD $/bu 7.72 7.92 7.72 7.00</u></div>
<div><u>CAD $/tonne 283.74 291.02 283.74 257.07</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 1.34 1.40 1.14 N/A 1.63 1.63 1.16 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 1.15 N/A N/A N/A 1.20 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 1.15 N/A N/A N/A 1.20 N/A</u></div>
<div><u>Brigden N/A N/A 1.15 N/A N/A N/A 1.25 N/A</u></div>
<div><u>Palmerston N/A 1.40 1.14 1.21 N/A 1.52 1.19 0.95</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 1.63 1.38 0.90</u></div>
<div><u>W O Feed 1.79</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.73 N/A N/A N/A 1.60 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.98 N/A N/A N/A 2.09 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 6.00US 7.92CA 6.03US 7.97CA</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 1.68 1.81 1.51 1.09</u></div>
<div><u>CAD $/bu 7.76 7.89 7.59 6.96</u></div>
<div><u>CAD $/tonne 285.12 289.97 278.81 255.74</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 600.33</u></div>
<div><u>DDG's FOB Srn & Aylm 250.00 - 275.00</u></div>
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<u><br>
</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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