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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, October 27</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3157 down 0.0043</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> DEC20 HI 4.22 1/4 DEC21 HI 3.95 1/4</u></div>
<div><u> LOW 4.15 1/2 LOW 3.91</u></div>
<div><u> CLOSE4.16 Down 1 3/4 CLOSE 3.91 1/4 Down 1</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 5.36 211.01 0.90 4.81 189.46</u></div>
<div><u>CK High 1.20 5.36 211.01 0.90 4.81 189.46</u></div>
<div><u>CK Avg 1.20 -0.09 5.36 211.01 0.90 -0.26 4.81 189.46</u></div>
<div><u>Essex Cty 1.20 5.36 211.01 0.90 4.81 189.46</u></div>
<div><u>Mdsx Low 1.20 5.36 211.01 0.90 4.81 189.46</u></div>
<div><u>Mdsx High 1.20 5.36 211.01 0.90 4.81 189.46</u></div>
<div><u>Mdsx Avg 1.20 -0.09 5.36 211.01 0.90 -0.26 4.81 189.46</u></div>
<div><u>Hensall 1.22 5.38 211.67 0.88 4.80 188.80</u></div>
<div><u>Bruce 1.25 5.41 212.98 0.90 4.81 189.46</u></div>
<div><u>Putnam 1.20 5.36 211.01 0.90 4.81 189.46</u></div>
<div><u>Burford 1.25 5.41 212.98 0.90 4.81 189.46</u></div>
<div><u>Port Perry 1.40 5.56 218.89 0.95 4.86 191.43</u></div>
<div><u>Norfolk 1.20 5.36 211.01 0.90 4.81 189.46</u></div>
<div><u>Palmerston 1.18 5.34 210.23 0.85 4.76 187.49</u></div>
<div><u>Varna 1.20 5.36 211.01 0.85 4.76 187.49</u></div>
<div><u>Trenton 1.40 5.56 218.89 0.95 4.86 191.43</u></div>
<div><u>Winchester 1.55 5.71 224.79 1.25 5.16 203.24</u></div>
<div><u>North Gower 1.46 5.62 221.25 1.28 5.19 204.42</u></div>
<div><u>Vankleek Hil 1.46 5.62 221.25 1.06 4.97 195.76</u></div>
<div><u>Huron FOB 1.32 1.32 1.39 1.44 5.48 215.74N/A</u></div>
<div><u>Kent FOB N/A 0.95 4.86 191.43</u></div>
<div><u>Lamb FOB N/A 1.00 4.91 193.40</u></div>
<div><u>Mdsx FOB 1.35 1.35 1.45 1.50 5.51 216.92N/A</u></div>
<div><u>FOB SW Que 1.75 5.91 232.67N/A</u></div>
<div><u>Track 1.62 5.78 227.55N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 1.56 1.57 1.17 5.08 200.09</u></div>
<div><u>Jhnstwn-Eth N/A N/A 1.59 1.65 1.37 5.28 207.96</u></div>
<div><u>Aylmer-Eth N/A 1.60 1.65 1.65 1.20 5.11 201.27</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 5.16 203.24</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 5.29 208.36</u></div>
<div><u>W O Feed 1.84 6.00 236.13</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.97 6.13 241.33</u></div>
<div><u>Toledo El. -0.07 4.09 161.18 -0.26 3.65 143.66</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.70 5.86 230.70 1.00 4.91 193.40</u></div>
<div><u>Prescott 1.72 5.88 231.49 1.40 5.31 209.14</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.20 5.36</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3157 down 0.0043</u></div>
<div><u>Chicago soybeans closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> JAN21 HI 10.88 1/2 NOV21 HI 9.85</u></div>
<div><u> LOW 10.76 1/4 LOW 9.77</u></div>
<div><u> CLOSE10.76 1/2 Down 7 CLOSE 9.78 Down 4 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 +JAN21+JAN21+JAN21</u></div>
<div><u>CK Low 2.90 13.67 502.10 2.46 12.24 449.74</u></div>
<div><u>CK High 2.90 13.67 502.10 2.50 12.28 451.21</u></div>
<div><u>CK Average 2.90 -0.38 13.67 502.10 2.49 -0.46 12.27 450.97</u></div>
<div><u>Essex Cty 2.80 13.57 498.43 2.50 12.28 451.21</u></div>
<div><u>Mdsx Low 2.91 13.68 502.47 2.47 12.25 450.11</u></div>
<div><u>Mdsx High 2.95 13.72 503.94 2.50 12.28 451.21</u></div>
<div><u>Mdsx Average2.93 -0.36 13.70 503.21 2.49 -0.46 12.27 450.66</u></div>
<div><u>Hensall 2.95 13.72 503.94 2.50 12.28 451.21</u></div>
<div><u>Bruce 2.95 13.72 503.94 2.55 12.33 453.05</u></div>
<div><u>Putnam 2.95 13.72 503.94 2.50 12.28 451.21</u></div>
<div><u>Burford 2.98 13.75 505.04 2.54 12.32 452.68</u></div>
<div><u>Port Perry 2.90 13.67 502.10 2.46 12.24 449.74</u></div>
<div><u>Norfolk 2.95 13.72 503.94 2.50 12.28 451.21</u></div>
<div><u>Palmerston 2.92 13.69 502.84 2.53 12.31 452.32</u></div>
<div><u>Varna 2.95 13.72 503.94 2.50 12.28 451.21</u></div>
<div><u>Trenton 2.95 13.72 503.94 2.50 12.28 451.21</u></div>
<div><u>Winchester 3.10 13.87 509.45 2.63 12.41 455.99</u></div>
<div><u>North Gower 3.00 13.77 505.78 2.60 12.38 454.89</u></div>
<div><u>Vankleek Hil2.96 13.73 504.31 2.54 12.32 452.68</u></div>
<div><u>Huron FOB 3.13 3.26 3.33 2.99 13.90 510.55 N/A</u></div>
<div><u>Kent FOB 2.90 13.67 502.10 2.50 12.28 451.21</u></div>
<div><u>Lambton FOB 3.05 13.82 507.61 2.45 12.23 449.38</u></div>
<div><u>Mdsx FOB 3.03 3.22 3.22 3.03 13.80 506.88 2.56 12.34 453.42</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.07 13.84 508.35 2.60 12.38 454.89</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.45 14.22 522.31 2.90 12.68 465.91</u></div>
<div><u>Prescott 3.22 13.99 513.86 2.79 12.57 461.87</u></div>
<div><u>Port Colborn3.50 14.27 524.15 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.01 10.78 396.03 -0.46 9.32 342.42</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3157 down 0.0043</u></div>
<div><u>Chicago wheat closed slightly lower to steady.</u></div>
<div><u>DEC20 HI 6.27 JUL21 HI 6.12 1/2</u></div>
<div><u> LOW 6.14 3/4 LOW 6.03 3/4</u></div>
<div><u> CLOSE 6.15 3/4 Down 4 1/4 CLOSE 6.05 3/4 Down 2 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower to steady.</u></div>
<div><u>DEC20 HI 5.68 3/4 SEP21 HI 5.91 3/4</u></div>
<div><u> LOW 5.58 3/4 LOW 5.86</u></div>
<div><u> CLOSE 5.61 1/2 Down 3 1/2 CLOSE 5.86 3/4 Unchanged</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 1.48 1.68 1.48 1.31</u></div>
<div><u>CAD $/bu 7.64 7.84 7.64 6.93</u></div>
<div><u>CAD $/tonne 280.76 288.01 280.76 254.53</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 1.15 N/A N/A N/A 1.15 N/A</u></div>
<div><u>London 1.31 1.38 1.11 N/A 1.59 1.59 1.13 N/A</u></div>
<div><u>Hensall 1.35 N/A 1.15 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 1.35 1.35 1.15 1.40 1.35 1.35 1.20 1.25</u></div>
<div><u>Essex N/A N/A 1.15 N/A N/A N/A 1.15 N/A</u></div>
<div><u>Norwich 1.35 N/A 1.15 N/A 1.40 N/A 1.15 N/A</u></div>
<div><u>Port Hope N/A N/A 1.15 N/A N/A N/A 1.15 N/A</u></div>
<div><u>Kent Bridge 1.35 N/A 1.15 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 1.15 N/A</u></div>
<div><u>Brigden N/A N/A 1.15 N/A N/A N/A 1.20 N/A</u></div>
<div><u>Palmerston N/A 1.35 1.09 1.18 N/A 1.51 1.18 0.95</u></div>
<div><u>Varna 1.30 1.30 1.10 N/A 1.35 1.35 1.15 N/A</u></div>
<div><u>Mitchell 1.35 1.40 1.15 N/A 1.40 1.45 1.15 N/A</u></div>
<div><u>Thornton N/A N/A N/A 1.73 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 1.78</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.71 N/A N/A N/A 1.57 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.94 N/A N/A N/A 2.05 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.96US 7.84CA 6.01US 7.91CA</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 1.07</u></div>
<div><u>CAD $/bu 7.70 7.83 7.53 6.94</u></div>
<div><u>CAD $/tonne 282.90 287.73 276.61 254.84</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 594.16</u></div>
<div><u>DDG's FOB Srn & Aylm 250.00 - 275.00</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:10.0pt;font-family:"Courier New"">Fax. 519-674-1530<br>
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