<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1">
<style type="text/css" style="display:none;"> P {margin-top:0;margin-bottom:0;} </style>
</head>
<body dir="ltr">
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, 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 1.2314 down 0.0052</u></div>
<div><u>Chicago corn closed moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> DEC21 HI 5.40 DEC22 HI 5.35</u></div>
<div><u> LOW 5.28 1/2 LOW 5.24 1/4</u></div>
<div><u> CLOSE5.39 1/4 Up 9 CLOSE 5.34 1/2 Up 8 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 +DEC21+MAR22+MAR22</u></div>
<div><u>CK Low 1.05 6.44 253.63 0.85 6.20 243.89</u></div>
<div><u>CK High 1.10 6.49 255.60 0.90 6.25 245.85</u></div>
<div><u>CK Avg 1.09 -0.13 6.49 255.32 0.86 -0.30 6.21 244.45</u></div>
<div><u>Essex Cty 1.10 6.49 255.60 0.85 6.20 243.89</u></div>
<div><u>Mdsx Low 1.05 6.44 253.63 0.85 6.20 243.89</u></div>
<div><u>Mdsx High 1.10 6.49 255.60 0.90 6.25 245.85</u></div>
<div><u>Mdsx Avg 1.08 -0.14 6.47 254.61 0.88 -0.29 6.22 244.87</u></div>
<div><u>Hensall 1.12 6.51 256.25 0.88 6.23 245.20</u></div>
<div><u>Bruce 1.10 6.49 255.60 0.90 6.25 245.85</u></div>
<div><u>Putnam 1.10 6.49 255.60 0.90 6.25 245.85</u></div>
<div><u>Burford 1.05 6.44 253.63 0.85 6.20 243.89</u></div>
<div><u>Port Perry 1.20 6.59 259.54 0.90 6.25 245.85</u></div>
<div><u>Norfolk 1.10 6.49 255.60 0.85 6.20 243.89</u></div>
<div><u>Palmerston 1.06 6.45 254.02 0.88 6.23 245.07</u></div>
<div><u>Varna 1.10 6.49 255.60 0.85 6.20 243.89</u></div>
<div><u>Belmore 1.10 6.49 255.60 0.90 6.25 245.85</u></div>
<div><u>Trenton 1.15 6.54 257.57 0.95 6.30 247.82</u></div>
<div><u>Winchester 1.50 6.89 271.35 1.35 6.70 263.57</u></div>
<div><u>North Gower 1.45 6.84 269.38 1.15 6.50 255.70</u></div>
<div><u>Vankleek Hil 1.31 6.70 263.87 0.87 6.22 244.67</u></div>
<div><u>Huron FOB 1.13 1.13 1.19 1.25 6.52 256.78N/A</u></div>
<div><u>Kent FOB 1.10 6.49 255.60 0.97 6.32 248.61</u></div>
<div><u>Lamb FOB 0.95 6.34 249.69 0.85 6.20 243.89</u></div>
<div><u>Mdsx FOB 1.05 1.05 1.12 1.17 6.44 253.63 0.85 6.20 243.89</u></div>
<div><u>FOB SW Que 2.06 7.45 293.39N/A</u></div>
<div><u>Track 1.49 6.88 270.95N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.11 6.46 254.12</u></div>
<div><u>Jhnstwn-Eth N/A 1.47 1.80 1.89 1.41 6.76 265.93</u></div>
<div><u>Aylmer-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Sarn-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>London-Ing N/A N/A N/A 1.55 1.20 6.55 257.67</u></div>
<div><u>Cardnl-Ing N/A N/A 1.75 1.80 1.40 6.75 265.54</u></div>
<div><u>W O Feed 1.65 7.04 277.05</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.68 7.07 278.43</u></div>
<div><u>Toledo El. -0.31 5.08 200.17 -0.31 5.04 198.30</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.30 6.69 263.47 1.00 6.35 249.79</u></div>
<div><u>Prescott 1.62 7.01 276.07N/A</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.10 6.49 1/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2314 down 0.0052</u></div>
<div><u>Chicago soybeans closed slightly to moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> NOV21 HI 12.49 1/2 NOV22 HI 12.50</u></div>
<div><u> LOW 12.24 3/4 LOW 12.28</u></div>
<div><u> CLOSE12.45 1/2 Up 17 1/2 CLOSE 12.48 3/4 Up 18</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 +NOV21+JAN22+JAN22</u></div>
<div><u>CK Low 2.35 14.81 543.99 2.15 14.64 537.84</u></div>
<div><u>CK High 2.50 14.96 549.50 2.30 14.79 543.35</u></div>
<div><u>CK Average 2.45 -0.35 14.90 547.51 2.21 -0.55 14.70 540.04</u></div>
<div><u>Essex Cty 2.35 14.81 543.99 2.15 14.64 537.84</u></div>
<div><u>Mdsx Low 2.50 14.96 549.50 2.20 14.69 539.67</u></div>
<div><u>Mdsx High 2.56 15.02 551.71 2.31 14.80 543.72</u></div>
<div><u>Mdsx Average2.53 -0.29 14.99 550.60 2.26 -0.52 14.74 541.69</u></div>
<div><u>Hensall 2.53 14.99 550.73 2.23 14.72 540.90</u></div>
<div><u>Bruce 2.50 14.96 549.50 2.25 14.74 541.51</u></div>
<div><u>Putnam 2.50 14.96 549.50 2.20 14.69 539.67</u></div>
<div><u>Burford 2.63 15.09 554.28 2.38 14.87 546.29</u></div>
<div><u>Port Perry 2.51 14.97 549.87 2.26 14.75 541.88</u></div>
<div><u>Norfolk 2.50 14.96 549.50 2.20 14.69 539.67</u></div>
<div><u>Palmerston 2.45 14.91 547.66 2.19 14.68 539.31</u></div>
<div><u>Varna 2.55 15.01 551.34 2.25 14.74 541.51</u></div>
<div><u>Trenton 2.50 14.96 549.50 2.20 14.69 539.67</u></div>
<div><u>Winchester 2.55 15.01 551.34 2.20 14.69 539.67</u></div>
<div><u>North Gower 2.60 15.06 553.18 2.40 14.89 547.02</u></div>
<div><u>Vankleek Hil2.59 15.05 552.81 2.47 14.96 549.59</u></div>
<div><u>Huron FOB 2.60 2.98 2.81 2.63 15.06 553.18 N/A</u></div>
<div><u>Kent FOB 2.55 15.01 551.34 2.20 14.69 539.67</u></div>
<div><u>Lambton FOB 2.70 15.16 556.85 2.30 14.79 543.35</u></div>
<div><u>Mdsx FOB 2.74 2.86 2.83 2.64 15.20 558.32 2.31 14.80 543.72</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.06 15.52 570.08 2.46 14.95 549.23</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.10 15.56 571.55 2.60 15.09 554.37</u></div>
<div><u>Prescott 2.78 15.24 559.79 2.58 15.07 553.64</u></div>
<div><u>Port Colborn3.28 15.74 578.16 2.66 15.15 556.58</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.25 12.21 448.59 -0.49 11.99 440.74</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2314 down 0.0052</u></div>
<div><u>Chicago wheat closed moderately higher.</u></div>
<div><u>DEC21 HI 7.50 JUL22 HI 7.52 3/4</u></div>
<div><u> LOW 7.36 1/2 LOW 7.40 1/4</u></div>
<div><u> CLOSE 7.49 1/4 Up 13 1/4 CLOSE 7.52 3/4 Up 12 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly to moderately higher.</u></div>
<div><u>DEC21 HI 9.94 1/2 SEP22 HI 8.40</u></div>
<div><u> LOW 9.73 LOW 8.32</u></div>
<div><u> CLOSE 9.89 3/4 Up 15 1/2 CLOSE 8.40 Up 8</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2021 Harvest 2022</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 0.75 N/A N/A N/A 1.15 N/A</u></div>
<div><u>London 0.74 1.11 0.74 N/A 1.30 1.30 1.12 N/A</u></div>
<div><u>Hensall 0.80 N/A 0.75 N/A 1.70 N/A 1.15 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.15 N/A</u></div>
<div><u>Bruce 0.80 N/A 0.75 N/A 1.70 1.45 1.15 1.05</u></div>
<div><u>Essex N/A N/A 0.70 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Norwich 0.80 N/A 0.75 N/A 1.70 N/A 1.15 N/A</u></div>
<div><u>Port Hope N/A N/A 0.80 N/A N/A N/A 1.15 N/A</u></div>
<div><u>Kent Bridge 0.80 N/A 0.75 N/A 1.70 N/A 1.15 N/A</u></div>
<div><u>Chatham N/A N/A 0.70 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Brigden N/A N/A 0.70 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Palmerston N/A N/A N/A N/A N/A N/A 1.08 1.34</u></div>
<div><u>Varna 1.00 1.60 0.75 N/A 1.45 1.50 1.15 N/A</u></div>
<div><u>Mitchell 0.80 1.35 0.75 N/A 1.70 1.45 1.15 N/A</u></div>
<div><u>Thornton 0.74 1.11 0.74 0.62 1.30 1.30 1.12 N/A</u></div>
<div><u>North Gower N/A 0.55 0.95 1.02 N/A N/A 1.11 N/A</u></div>
<div><u>W O Feed 1.30</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.25 N/A N/A N/A 1.44 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.73 N/A N/A N/A 1.86 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 7.34US 9.04CA 7.48US 9.21CA</u></div>
<div><u><br>
</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 499.80</u></div>
<u><span>DDG's FOB Srn & Aylm 280.00</span><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u><span><br>
</span></u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u><span><br>
</span></u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<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>
<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"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes">
</span><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"">Tel. 519-674-1500 x 63577
<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: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
<br>
<span style="background: rgb(253, 253, 253);">Click on this link:<span class="apple-converted-space"><span style="color:#333333"> </span></span></span><span class="object" style=""><span style="color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span></span><span class="apple-converted-space" style=""><span style="color:#333333;background:#FDFDFD"> </span></span><span style="background: rgb(253, 253, 253);"> to
unsubscribe from this report.</span><br>
<span style="background: rgb(253, 253, 253);">This Farm Market News product is sponsored by:</span><br>
<span style="background: rgb(253, 253, 253);">Grain Farmers of Ontario<o:p style=""> </o:p></span></span></p>
<br>
</div>
<div>
<div id="Signature">
<div>
<div id="divtagdefaultwrapper" style="font-size:12pt; color:#000000; background-color:#FFFFFF; font-family:Calibri,Arial,Helvetica,sans-serif">
<p style="margin-top:0px; margin-bottom:0px"></p>
<p style="margin-top:0px; margin-bottom:0px"><br>
</p>
</div>
</div>
</div>
</div>
</body>
</html>