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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, October 29</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3329 up 0.0029</u></div>
<div><u>Chicago corn closed mixed.</u></div>
<div><u><br>
</u></div>
<div><u> DEC20 HI 4.04 1/4 DEC21 HI 3.86</u></div>
<div><u> LOW 3.93 LOW 3.81</u></div>
<div><u> CLOSE3.98 1/2 Down 3 CLOSE 3.83 3/4 Up 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 1.25 5.24 206.09 0.90 4.74 186.51</u></div>
<div><u>CK High 1.28 5.27 207.27 0.90 4.74 186.51</u></div>
<div><u>CK Avg 1.26 -0.05 5.24 206.29 0.90 -0.29 4.74 186.51</u></div>
<div><u>Essex Cty 1.28 5.27 207.27 0.90 4.74 186.51</u></div>
<div><u>Mdsx Low 1.20 5.19 204.12 0.90 4.74 186.51</u></div>
<div><u>Mdsx High 1.30 5.29 208.06 0.90 4.74 186.51</u></div>
<div><u>Mdsx Avg 1.25 -0.06 5.24 206.09 0.90 -0.29 4.74 186.51</u></div>
<div><u>Hensall 1.30 5.29 208.06 0.92 4.75 187.16</u></div>
<div><u>Bruce 1.30 5.29 208.06 0.90 4.74 186.51</u></div>
<div><u>Putnam 1.30 5.29 208.06 0.90 4.74 186.51</u></div>
<div><u>Burford 1.30 5.29 208.06 0.90 4.74 186.51</u></div>
<div><u>Port Perry 1.40 5.39 212.00 0.95 4.79 188.48</u></div>
<div><u>Norfolk 1.28 5.27 207.27 0.90 4.74 186.51</u></div>
<div><u>Palmerston 1.19 5.18 203.73 0.86 4.70 184.93</u></div>
<div><u>Varna 1.30 5.29 208.06 0.90 4.74 186.51</u></div>
<div><u>Trenton 1.50 5.49 215.93 1.00 4.84 190.44</u></div>
<div><u>Winchester 1.55 5.54 217.90 1.25 5.09 200.29</u></div>
<div><u>North Gower 1.46 5.45 214.36 1.28 5.12 201.47</u></div>
<div><u>Vankleek Hil 1.47 5.46 214.75 1.09 4.93 193.99</u></div>
<div><u>Huron FOB 1.41 1.41 1.46N/A 5.40 212.39N/A</u></div>
<div><u>Kent FOB N/A 0.95 4.79 188.48</u></div>
<div><u>Lamb FOB 1.45 5.44 213.97 1.00 4.84 190.44</u></div>
<div><u>Mdsx FOB 1.35 1.35 1.45 1.50 5.34 210.03 1.00 4.84 190.44</u></div>
<div><u>FOB SW Que 1.60 5.59 219.87N/A</u></div>
<div><u>Track 1.63 5.62 221.05N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 1.56 1.57 1.17 5.01 197.14</u></div>
<div><u>Jhnstwn-Eth N/A N/A 1.59 1.65 1.37 5.21 205.01</u></div>
<div><u>Aylmer-Eth N/A 1.65 1.72 1.75 1.20 5.04 198.32</u></div>
<div><u>Sarn-Eth N/A 1.40 1.45 1.50 N/A</u></div>
<div><u>London-Ing N/A N/A 1.70 1.75 1.25 5.09 200.29</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 5.22 205.40</u></div>
<div><u>W O Feed 1.85 5.84 229.87</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.01 6.00 236.01</u></div>
<div><u>Toledo El. -0.07 3.92 154.26 -0.27 3.57 140.57</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.70 5.69 223.81 1.00 4.84 190.44</u></div>
<div><u>Prescott 1.80 5.79 227.75 1.44 5.28 207.77</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.28 5.26 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 1.3329 up 0.0029</u></div>
<div><u>Chicago soybeans closed mixed.</u></div>
<div><u><br>
</u></div>
<div><u> JAN21 HI 10.58 3/4 NOV21 HI 9.69 3/4</u></div>
<div><u> LOW 10.48 1/2 LOW 9.61</u></div>
<div><u> CLOSE10.50 1/2 Down 4 1/4 CLOSE 9.65 1/4 Up 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 +JAN21+JAN21+JAN21</u></div>
<div><u>CK Low 2.95 13.46 494.39 2.50 12.15 446.53</u></div>
<div><u>CK High 3.00 13.51 496.22 2.57 12.22 449.10</u></div>
<div><u>CK Average 2.97 -0.40 13.47 495.00 2.52 -0.53 12.17 447.26</u></div>
<div><u>Essex Cty 2.85 13.36 490.71 2.50 12.15 446.53</u></div>
<div><u>Mdsx Low 3.00 13.51 496.22 2.50 12.15 446.53</u></div>
<div><u>Mdsx High 3.01 13.52 496.59 2.58 12.23 449.47</u></div>
<div><u>Mdsx Average3.01 -0.37 13.51 496.41 2.54 -0.51 12.19 448.00</u></div>
<div><u>Hensall 3.00 13.51 496.22 2.50 12.15 446.53</u></div>
<div><u>Bruce 3.00 13.51 496.22 2.50 12.15 446.53</u></div>
<div><u>Putnam 3.00 13.51 496.22 2.50 12.15 446.53</u></div>
<div><u>Burford 3.08 13.59 499.16 2.65 12.30 452.04</u></div>
<div><u>Port Perry 3.00 13.51 496.22 2.57 12.22 449.10</u></div>
<div><u>Norfolk 3.00 13.51 496.22 2.50 12.15 446.53</u></div>
<div><u>Palmerston 2.96 13.47 494.75 2.58 12.23 449.47</u></div>
<div><u>Varna 3.00 13.51 496.22 2.50 12.15 446.53</u></div>
<div><u>Trenton 3.00 13.51 496.22 2.50 12.15 446.53</u></div>
<div><u>Winchester 3.10 13.61 499.90 2.64 12.29 451.67</u></div>
<div><u>North Gower 3.00 13.51 496.22 2.60 12.25 450.20</u></div>
<div><u>Vankleek Hil3.01 13.52 496.59 2.70 12.35 453.88</u></div>
<div><u>Huron FOB 3.29 3.29 3.29 N/A 13.80 506.88 N/A</u></div>
<div><u>Kent FOB 2.95 13.46 494.39 2.50 12.15 446.53</u></div>
<div><u>Lambton FOB 3.15 13.66 501.74 2.55 12.20 448.37</u></div>
<div><u>Mdsx FOB 3.13 3.33 3.33 3.13 13.64 501.00 2.70 12.35 453.88</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.19 13.70 503.21 2.74 12.39 455.35</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.50 14.01 514.60 2.85 12.50 459.39</u></div>
<div><u>Prescott 3.27 13.78 506.14 2.96 12.61 463.43</u></div>
<div><u>Port Colborn3.61 14.12 518.64 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.00 10.51 385.99 -0.47 9.19 337.51</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3329 up 0.0029</u></div>
<div><u>Chicago wheat closed slightly to moderately lower.</u></div>
<div><u>DEC20 HI 6.11 1/4 JUL21 HI 5.99 1/4</u></div>
<div><u> LOW 5.98 1/2 LOW 5.89</u></div>
<div><u> CLOSE 6.03 3/4 Down 5 CLOSE 5.93 Down 4 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed mixed.</u></div>
<div><u>DEC20 HI 5.57 1/2 SEP21 HI 5.80 1/4</u></div>
<div><u> LOW 5.47 LOW 5.75 1/4</u></div>
<div><u> CLOSE 5.52 1/4 Up 1/4 CLOSE 5.76 Down 4 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 1.54 1.74 1.54 1.37</u></div>
<div><u>CAD $/bu 7.58 7.78 7.58 6.89</u></div>
<div><u>CAD $/tonne 278.55 285.89 278.55 253.32</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 1.36 1.43 1.16 N/A 1.59 1.59 1.19 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 1.24 N/A 1.51 1.18 0.96</u></div>
<div><u>Varna 1.35 1.35 1.15 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 1.68 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.35 1.20 0.90 N/A 1.62 1.32 0.90</u></div>
<div><u>W O Feed 1.85</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.76 N/A N/A N/A 1.63 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 2.12 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.84US 7.78CA 5.88US 7.85CA</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 1.70 1.84 1.53 1.12</u></div>
<div><u>CAD $/bu 7.63 7.77 7.46 6.88</u></div>
<div><u>CAD $/tonne 280.42 285.32 274.05 252.97</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 588.53</u></div>
<div><u>DDG's FOB Srn & Aylm 275.00 - 285.00</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>
<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"">University of Guelph, Ridgetown Campus<o:p> </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""><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
<o:p> </o:p></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">Fax. 519-674-1530<br>
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<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
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