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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, October 28</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 1.33 up 0.0143</u></div>
<div><u>Chicago corn closed lower.</u></div>
<div><u><br>
</u></div>
<div><u> DEC20 HI 4.15 1/4 DEC21 HI 3.91 1/4</u></div>
<div><u> LOW 4.00 1/2 LOW 3.82</u></div>
<div><u> CLOSE4.01 1/2 Down 14 1/2 CLOSE 3.82 3/4 Down 8 1/2</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 5.22 205.31 0.90 4.73 186.11</u></div>
<div><u>CK High 1.28 5.30 208.45 0.90 4.73 186.11</u></div>
<div><u>CK Avg 1.24 -0.07 5.25 206.81 0.90 -0.27 4.73 186.11</u></div>
<div><u>Essex Cty 1.28 5.30 208.45 0.90 4.73 186.11</u></div>
<div><u>Mdsx Low 1.20 5.22 205.31 0.90 4.73 186.11</u></div>
<div><u>Mdsx High 1.30 5.32 209.24 0.90 4.73 186.11</u></div>
<div><u>Mdsx Avg 1.25 -0.06 5.27 207.27 0.90 -0.27 4.73 186.11</u></div>
<div><u>Hensall 1.30 5.32 209.24 0.92 4.74 186.77</u></div>
<div><u>Bruce 1.30 5.32 209.24 0.90 4.73 186.11</u></div>
<div><u>Putnam 1.30 5.32 209.24 0.90 4.73 186.11</u></div>
<div><u>Burford 1.30 5.32 209.24 0.90 4.73 186.11</u></div>
<div><u>Port Perry 1.40 5.42 213.18 0.95 4.78 188.08</u></div>
<div><u>Norfolk 1.28 5.30 208.45 0.90 4.73 186.11</u></div>
<div><u>Palmerston 1.19 5.21 204.91 0.83 4.66 183.36</u></div>
<div><u>Varna 1.20 5.22 205.31 0.85 4.68 184.15</u></div>
<div><u>Trenton 1.45 5.47 215.15 0.95 4.78 188.08</u></div>
<div><u>Winchester 1.55 5.57 219.08 1.25 5.08 199.89</u></div>
<div><u>North Gower 1.46 5.48 215.54 1.28 5.11 201.07</u></div>
<div><u>Vankleek Hil 1.46 5.48 215.54 1.07 4.90 192.81</u></div>
<div><u>Huron FOB 1.41 1.41 1.46N/A 5.43 213.57N/A</u></div>
<div><u>Kent FOB N/A 0.95 4.78 188.08</u></div>
<div><u>Lamb FOB 1.45 5.47 215.15 1.00 4.83 190.05</u></div>
<div><u>Mdsx FOB 1.35 1.35 1.45 1.50 5.37 211.21 1.00 4.83 190.05</u></div>
<div><u>FOB SW Que 1.52 5.54 217.90N/A</u></div>
<div><u>Track 1.63 5.65 222.23N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 1.56 1.57 1.17 5.00 196.74</u></div>
<div><u>Jhnstwn-Eth N/A N/A 1.59 1.65 1.37 5.20 204.62</u></div>
<div><u>Aylmer-Eth N/A 1.60 1.65 1.65 1.20 5.03 197.92</u></div>
<div><u>Sarn-Eth N/A 1.40 1.45 1.50 N/A</u></div>
<div><u>London-Ing N/A 1.65 1.70 1.75 1.25 5.08 199.89</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 1.65 1.70 1.75 1.38 5.21 205.01</u></div>
<div><u>W O Feed 1.86 5.88 231.37</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.99 6.01 236.41</u></div>
<div><u>Toledo El. -0.07 3.95 155.45 -0.27 3.56 140.21</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.70 5.72 224.99 1.00 4.83 190.05</u></div>
<div><u>Prescott 1.80 5.82 228.93 1.37 5.20 204.62</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.28 5.29 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 1.33 up 0.0143</u></div>
<div><u>Chicago soybeans closed slightly lower to lower.</u></div>
<div><u><br>
</u></div>
<div><u> JAN21 HI 10.75 3/4 NOV21 HI 9.80 1/2</u></div>
<div><u> LOW 10.54 1/4 LOW 9.64</u></div>
<div><u> CLOSE10.54 3/4 Down 21 3/4 CLOSE 9.65 Down 13</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 2.94 13.49 495.58 2.50 12.15 446.44</u></div>
<div><u>CK High 2.95 13.50 495.95 2.50 12.15 446.44</u></div>
<div><u>CK Average 2.95 -0.40 13.50 495.89 2.50 -0.51 12.15 446.44</u></div>
<div><u>Essex Cty 2.85 13.40 492.27 2.50 12.15 446.44</u></div>
<div><u>Mdsx Low 2.95 13.50 495.95 2.50 12.15 446.44</u></div>
<div><u>Mdsx High 3.00 13.55 497.79 2.51 12.16 446.80</u></div>
<div><u>Mdsx Average2.98 -0.38 13.52 496.87 2.51 -0.51 12.16 446.62</u></div>
<div><u>Hensall 3.00 13.55 497.79 2.50 12.15 446.44</u></div>
<div><u>Bruce 3.00 13.55 497.79 2.50 12.15 446.44</u></div>
<div><u>Putnam 3.00 13.55 497.79 2.50 12.15 446.44</u></div>
<div><u>Burford 3.02 13.57 498.52 2.58 12.23 449.38</u></div>
<div><u>Port Perry 2.94 13.49 495.58 2.50 12.15 446.44</u></div>
<div><u>Norfolk 3.00 13.55 497.79 2.50 12.15 446.44</u></div>
<div><u>Palmerston 2.96 13.51 496.32 2.50 12.15 446.44</u></div>
<div><u>Varna 2.87 13.42 493.01 2.50 12.15 446.44</u></div>
<div><u>Trenton 3.00 13.55 497.79 2.50 12.15 446.44</u></div>
<div><u>Winchester 3.10 13.65 501.46 2.64 12.29 451.58</u></div>
<div><u>North Gower 3.00 13.55 497.79 2.60 12.25 450.11</u></div>
<div><u>Vankleek Hil2.96 13.51 496.32 2.54 12.19 447.91</u></div>
<div><u>Huron FOB 3.29 3.29 3.29 N/A 13.84 508.44 N/A</u></div>
<div><u>Kent FOB 2.95 13.50 495.95 2.50 12.15 446.44</u></div>
<div><u>Lambton FOB 3.10 13.65 501.46 2.55 12.20 448.27</u></div>
<div><u>Mdsx FOB 3.06 3.26 3.26 3.06 13.61 499.99 2.63 12.28 451.21</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.18 13.73 504.40 2.71 12.36 454.15</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.50 14.05 516.16 2.85 12.50 459.30</u></div>
<div><u>Prescott 3.23 13.78 506.24 2.79 12.44 457.09</u></div>
<div><u>Port Colborn3.54 14.09 517.63 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.04 10.51 386.09 -0.47 9.18 337.48</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.33 up 0.0143</u></div>
<div><u>Chicago wheat closed moderately lower.</u></div>
<div><u>DEC20 HI 6.14 1/2 JUL21 HI 6.02 3/4</u></div>
<div><u> LOW 6.00 3/4 LOW 5.91 1/4</u></div>
<div><u> CLOSE 6.08 3/4 Down 7 CLOSE 5.97 3/4 Down 8</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately lower.</u></div>
<div><u>DEC20 HI 5.60 3/4 SEP21 HI 5.84 1/4</u></div>
<div><u> LOW 5.49 1/4 LOW 5.77</u></div>
<div><u> CLOSE 5.52 Down 9 1/2 CLOSE 5.80 1/4 Down 6 1/2</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 1.54 1.74 1.54 1.36</u></div>
<div><u>CAD $/bu 7.63 7.83 7.63 6.88</u></div>
<div><u>CAD $/tonne 280.38 287.71 280.38 252.65</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 1.32 1.38 1.12 N/A 1.62 1.62 1.15 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 1.30 1.35 1.15 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 1.41 1.15 1.22 N/A 1.49 1.16 0.91</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 1.76 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.35 1.20 0.90 N/A 1.63 1.33 0.90</u></div>
<div><u>W O Feed 1.84</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.72 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 2.01 N/A N/A N/A 2.10 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.89US 7.83CA 5.93US 7.88CA</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 1.69 1.82 1.52 1.11</u></div>
<div><u>CAD $/bu 7.67 7.80 7.50 6.92</u></div>
<div><u>CAD $/tonne 281.77 286.66 275.42 254.17</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 588.31</u></div>
<div><u>DDG's FOB Srn & Aylm 275.00 - 285.00</u></div>
<u><br>
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<span style="font-size: 10pt; font-family: "Courier New";">Blair Andrews<o:p style=""> </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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<span style="font-size:10.0pt;font-family:"Courier New"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes">
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<span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
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