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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, October 25</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3615 down 0.0119</u></div>
<div class="ContentPasted0"><u>Chicago corn closed slightly higher.</u></div>
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<div class="ContentPasted0"><u>      DEC22   HI 6.87  1/2                    DEC23    HI 6.26  3/4</u></div>
<div class="ContentPasted0"><u>             LOW 6.77  3/4                            LOW 6.20</u></div>
<div class="ContentPasted0"><u>            CLOSE6.86  1/4  Up 4 3/4                CLOSE 6.25  3/4  Up 3 1/4</u></div>
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<div class="ContentPasted0"><u>            OLD CROP BASIS                          NEW CROP BASIS</u></div>
<div class="ContentPasted0"><u>Location    Spot   1mt   2mt   3mt U.S. $/bu   $/mt Cntrct U.S.   $/bu   $/mt</u></div>
<div class="ContentPasted0"><u>ELEVATORS        +DEC22+MAR23+MAR23</u></div>
<div class="ContentPasted0"><u>CK Low       1.75                        8.61 339.06  1.25         7.51 295.56</u></div>
<div class="ContentPasted0"><u>CK High      1.85                        8.71 343.00  1.30         7.56 297.53</u></div>
<div class="ContentPasted0"><u>CK Avg       1.80                  -0.50 8.66 341.03  1.29 -0.71   7.55 297.24</u></div>
<div class="ContentPasted0"><u>Essex Cty    1.75                        8.61 339.06  1.25         7.51 295.56</u></div>
<div class="ContentPasted0"><u>Mdsx Low     1.80                        8.66 341.03  1.30         7.56 297.53</u></div>
<div class="ContentPasted0"><u>Mdsx High    1.85                        8.71 343.00  1.30         7.56 297.53</u></div>
<div class="ContentPasted0"><u>Mdsx Avg     1.82                  -0.49 8.68 341.68  1.30 -0.71   7.56 297.53</u></div>
<div class="ContentPasted0"><u>Hensall      1.82                        8.68 341.68  1.32         7.57 298.18</u></div>
<div class="ContentPasted0"><u>Bruce        1.80                        8.66 341.03  1.30         7.56 297.53</u></div>
<div class="ContentPasted0"><u>Putnam       1.85                        8.71 343.00  1.30         7.56 297.53</u></div>
<div class="ContentPasted0"><u>Burford      1.80                        8.66 341.03  1.30         7.56 297.53</u></div>
<div class="ContentPasted0"><u>Port Perry   1.40                        8.26 325.28  1.25         7.51 295.56</u></div>
<div class="ContentPasted0"><u>Norfolk      1.80                        8.66 341.03  1.30         7.56 297.53</u></div>
<div class="ContentPasted0"><u>Palmerston   1.80                        8.66 341.03N/A</u></div>
<div class="ContentPasted0"><u>Varna        1.80                        8.66 341.03  1.30         7.56 297.53</u></div>
<div class="ContentPasted0"><u>Belmore      1.65                        8.51 335.12  1.30         7.56 297.53</u></div>
<div class="ContentPasted0"><u>Trenton      1.50                        8.36 329.22  1.25         7.51 295.56</u></div>
<div class="ContentPasted0"><u>Winchester   1.85                        8.71 343.00  1.35         7.61 299.49</u></div>
<div class="ContentPasted0"><u>North Gower  1.90                        8.76 344.96  1.60         7.86 309.34</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 1.94                        8.80 346.54  1.42         7.68 302.25</u></div>
<div class="ContentPasted0"><u>Huron FOB   N/A    1.80  1.72  1.90                 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB    N/A                                       1.30         7.56 297.53</u></div>
<div class="ContentPasted0"><u>Lamb FOB    N/A                                     N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB     1.90  1.90N/A   N/A         8.76 344.96N/A</u></div>
<div class="ContentPasted0"><u>FOB SW Que   2.30                        9.16 360.71N/A</u></div>
<div class="ContentPasted0"><u>Track        2.38                        9.24 363.66N/A</u></div>
<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Chat-Eth    N/A  N/A   N/A   N/A                      1.96         8.22 323.51</u></div>
<div class="ContentPasted0"><u>Jhnstwn-Eth N/A  N/A   N/A   N/A                      2.17         8.43 331.78</u></div>
<div class="ContentPasted0"><u>Aylmer-Eth  N/A  N/A   N/A   N/A                    N/A</u></div>
<div class="ContentPasted0"><u>Sarn-Eth    N/A  N/A   N/A   N/A                    N/A</u></div>
<div class="ContentPasted0"><u>London-Ing  N/A  N/A   N/A   N/A                      2.00         8.26 325.08</u></div>
<div class="ContentPasted0"><u>Cardnl-Ing  N/A  N/A   N/A   N/A                      2.20         8.46 332.96</u></div>
<div class="ContentPasted0"><u>W O Feed     2.40                        9.27 364.75</u></div>
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<div class="ContentPasted0"><u>US Rep       2.90                        9.76 384.33</u></div>
<div class="ContentPasted0"><u>Toledo El.  -0.41                        6.45 254.09 -0.41         5.85 230.27</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb     2.10                        8.96 352.84  1.20         7.46 293.59</u></div>
<div class="ContentPasted0"><u>Prescott     2.37                        9.23 363.47  1.95         8.21 323.11</u></div>
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<div class="ContentPasted0"><u>HI SD CRN    1.85                        8.71 1/4</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3615 down 0.0119</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed slightly higher.</u></div>
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<div class="ContentPasted0"><u>      NOV22   HI 13.86  1/2              NOV23     HI 13.59</u></div>
<div class="ContentPasted0"><u>             LOW 13.66                            LOW 13.44</u></div>
<div class="ContentPasted0"><u>            CLOSE13.82   Up 10                  CLOSE 13.58  1/4  Up 12 3/4</u></div>
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<div class="ContentPasted0"><u>            OLD CROP                                  NEW CROP</u></div>
<div class="ContentPasted0"><u>Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt</u></div>
<div class="ContentPasted0"><u>ELEVATORS        +NOV22+JAN23+JAN23</u></div>
<div class="ContentPasted0"><u>CK Low      4.74                         18.56 681.96  4.23        17.81 654.50</u></div>
<div class="ContentPasted0"><u>CK High     4.80                         18.62 684.17  4.30        17.88 657.07</u></div>
<div class="ContentPasted0"><u>CK Average  4.77                   -0.17 18.59 683.07  4.28 -0.47  17.86 656.18</u></div>
<div class="ContentPasted0"><u>Essex Cty   4.80                         18.62 684.17  4.25        17.83 655.23</u></div>
<div class="ContentPasted0"><u>Mdsx Low    4.75                         18.57 682.33  4.27        17.85 655.97</u></div>
<div class="ContentPasted0"><u>Mdsx High   4.85                         18.67 686.01  4.40        17.98 660.74</u></div>
<div class="ContentPasted0"><u>Mdsx Average4.80                   -0.15 18.62 683.98  4.32 -0.43  17.90 657.71</u></div>
<div class="ContentPasted0"><u>Hensall     4.82                         18.64 684.78  4.33        17.92 658.29</u></div>
<div class="ContentPasted0"><u>Bruce       4.75                         18.57 682.33  4.30        17.88 657.07</u></div>
<div class="ContentPasted0"><u>Putnam      4.75                         18.57 682.33  4.30        17.88 657.07</u></div>
<div class="ContentPasted0"><u>Burford     4.85                         18.67 686.01  4.34        17.92 658.54</u></div>
<div class="ContentPasted0"><u>Port Perry  4.69                         18.51 680.13  4.18        17.76 652.66</u></div>
<div class="ContentPasted0"><u>Norfolk     4.80                         18.62 684.17  4.30        17.88 657.07</u></div>
<div class="ContentPasted0"><u>Palmerston  4.77                         18.59 683.07  N/A</u></div>
<div class="ContentPasted0"><u>Varna       4.85                         18.67 686.01  4.35        17.93 658.91</u></div>
<div class="ContentPasted0"><u>Trenton     4.75                         18.57 682.33  4.30        17.88 657.07</u></div>
<div class="ContentPasted0"><u>Winchester  4.80                         18.62 684.17  4.26        17.84 655.60</u></div>
<div class="ContentPasted0"><u>North Gower 4.70                         18.52 680.49  4.25        17.83 655.23</u></div>
<div class="ContentPasted0"><u>Vankleek Hil4.62                         18.44 677.55  4.24        17.82 654.86</u></div>
<div class="ContentPasted0"><u>Huron FOB    N/A  4.90  4.81  4.81                     N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB    4.80                         18.62 684.17  4.30        17.88 657.07</u></div>
<div class="ContentPasted0"><u>Lambton FOB 4.85                         18.67 686.01  N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB    5.02  5.07  N/A   N/A        18.84 692.25  N/A</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor     5.18                         19.00 698.13  4.40        17.98 660.74</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton    5.50                         19.32 709.89  4.80        18.38 675.44</u></div>
<div class="ContentPasted0"><u>Prescott    5.25                         19.07 700.70  4.70        18.28 671.77</u></div>
<div class="ContentPasted0"><u>Port Colborn5.46                         19.28 708.42  4.68        18.26 671.03</u></div>
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<div class="ContentPasted0"><u>Toledo El.  -0.27                        13.55 497.79 -0.61        12.97 476.56</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3615 down 0.0119</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed slightly lower.</u></div>
<div class="ContentPasted0"><u>DEC22      HI     8.44  3/4            JUL23   HI      8.70  1/4</u></div>
<div class="ContentPasted0"><u>           LOW    8.26  3/4                    LOW     8.58  1/2</u></div>
<div class="ContentPasted0"><u>           CLOSE  8.34  3/4  Down 4            CLOSE   8.65  1/4  Down 1 3/4</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed slightly lower.</u></div>
<div class="ContentPasted0"><u>DEC22      HI     9.59  1/2            SEP23   HI      9.40  3/4</u></div>
<div class="ContentPasted0"><u>           LOW    9.45  3/4                    LOW        9.32</u></div>
<div class="ContentPasted0"><u>           CLOSE  9.52  1/4  Down 5 1/2        CLOSE   9.38  3/4  Down 3 3/4</u></div>
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<div class="ContentPasted0"><u>Direct MarkHarvest 2022                Harvest 2023</u></div>
<div class="ContentPasted0"><u>           DELIVERED BASIS             DELIVERED BASIS</u></div>
<div class="ContentPasted0"><u>Location   SWW(C) HRW(C) SRW(C) HRS(M) SWW(C)  HRW(C)  SRW(C) HRS(M)</u></div>
<div class="ContentPasted0"><u>ELEVATORS</u></div>
<div class="ContentPasted0"><u>Brgssvll     N/A    N/A   1.80    N/A    N/A     N/A    1.80    N/A</u></div>
<div class="ContentPasted0"><u>London      3.55   2.19   1.57    N/A    3.25    2.15   1.60    N/A</u></div>
<div class="ContentPasted0"><u>Hensall     4.60    N/A   1.80    N/A    3.20    N/A    1.70    N/A</u></div>
<div class="ContentPasted0"><u>Trenton      N/A    N/A    N/A    N/A    N/A     N/A    1.75    N/A</u></div>
<div class="ContentPasted0"><u>Bruce       2.80   2.30   1.80   1.15    2.70    2.30   1.70   1.00</u></div>
<div class="ContentPasted0"><u>Essex        N/A    N/A   1.80    N/A    N/A     N/A    1.85    N/A</u></div>
<div class="ContentPasted0"><u>Norwich     4.60    N/A   1.80    N/A    3.20    N/A    1.70    N/A</u></div>
<div class="ContentPasted0"><u>Port Hope    N/A    N/A   1.60    N/A    N/A     N/A    1.70    N/A</u></div>
<div class="ContentPasted0"><u>Kent Bridge 4.60    N/A   1.80    N/A    3.20    N/A    1.70    N/A</u></div>
<div class="ContentPasted0"><u>Chatham      N/A    N/A   1.80    N/A    N/A     N/A    1.85    N/A</u></div>
<div class="ContentPasted0"><u>Brigden      N/A    N/A   1.80    N/A    N/A     N/A    1.85    N/A</u></div>
<div class="ContentPasted0"><u>Palmerston   N/A   2.47   1.65   2.27    N/A     N/A     N/A    N/A</u></div>
<div class="ContentPasted0"><u>Varna       4.25   2.60   1.75    N/A    3.00    2.35   1.80    N/A</u></div>
<div class="ContentPasted0"><u>Mitchell    4.60    N/A   1.80    N/A    3.20    2.30   1.70    N/A</u></div>
<div class="ContentPasted0"><u>Thornton    3.55   2.19   1.57   2.34    3.25    2.15   1.60    N/A</u></div>
<div class="ContentPasted0"><u>North Gower  N/A   1.10   1.50   1.42    N/A     1.35   1.75   1.42</u></div>
<div class="ContentPasted0"><u>W O Feed                  2.31</u></div>
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<div class="ContentPasted0"><u>TERMINAL</u></div>
<div class="ContentPasted0"><u>Port Colbor  N/A    N/A   1.84    N/A    N/A     N/A    1.87    N/A</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Toledo FM    N/A    N/A   3.02    N/A    N/A     N/A    2.99    N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 8.05US        10.96CA        8.55US         11.64CA</u></div>
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<div class="ContentPasted0"><u>(C)-Basis over the Chicago Board of Trade futures</u></div>
<div class="ContentPasted0"><u>(M)-Basis over the Minneapolis Grain Exchange</u></div>
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<div class="ContentPasted0"><u>FEED GRAINS</u></div>
<div class="ContentPasted0"><u>FOB Hm Soymeal            701.74</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm            -</u></div>
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<div class="ContentPasted0"><span style="font-family: "Courier New"; font-size: 10pt;">Blair Andrews</span><o:p style="color: inherit; font-family: "Courier New"; font-size: 10pt; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit;"> </o:p><br>
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