<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); background-color: rgb(255, 255, 255);" class="elementToProof ContentPasted0">
<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, October 26</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0); background-color: rgb(255, 255, 255);" class="elementToProof ContentPasted0">
<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3554 down 0.0061</u></div>
<div class="ContentPasted0"><u>Chicago corn closed slightly lower.</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>      DEC22   HI 6.89  3/4                    DEC23    HI 6.28</u></div>
<div class="ContentPasted0"><u>             LOW 6.83  1/4                            LOW 6.22  1/2</u></div>
<div class="ContentPasted0"><u>            CLOSE6.85   Down 1 1/4                  CLOSE 6.23  1/2  Down 2 1/4</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<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       1.55                        8.40 330.69  1.20         7.44 292.70</u></div>
<div class="ContentPasted0"><u>CK High      1.80                        8.65 340.54  1.30         7.54 296.64</u></div>
<div class="ContentPasted0"><u>CK Avg       1.76                  -0.50 8.61 338.85  1.28 -0.69   7.51 295.80</u></div>
<div class="ContentPasted0"><u>Essex Cty    1.75                        8.60 338.57  1.25         7.49 294.67</u></div>
<div class="ContentPasted0"><u>Mdsx Low     1.80                        8.65 340.54  1.30         7.54 296.64</u></div>
<div class="ContentPasted0"><u>Mdsx High    1.85                        8.70 342.50  1.30         7.54 296.64</u></div>
<div class="ContentPasted0"><u>Mdsx Avg     1.82                  -0.46 8.67 341.19  1.30 -0.68   7.54 296.64</u></div>
<div class="ContentPasted0"><u>Hensall      1.82                        8.67 341.19  1.32         7.55 297.30</u></div>
<div class="ContentPasted0"><u>Bruce        1.80                        8.65 340.54  1.30         7.54 296.64</u></div>
<div class="ContentPasted0"><u>Putnam       1.85                        8.70 342.50  1.30         7.54 296.64</u></div>
<div class="ContentPasted0"><u>Burford      1.80                        8.65 340.54  1.30         7.54 296.64</u></div>
<div class="ContentPasted0"><u>Port Perry   1.40                        8.25 324.79  1.25         7.49 294.67</u></div>
<div class="ContentPasted0"><u>Norfolk      1.80                        8.65 340.54  1.30         7.54 296.64</u></div>
<div class="ContentPasted0"><u>Palmerston   1.80                        8.65 340.54N/A</u></div>
<div class="ContentPasted0"><u>Varna        1.80                        8.65 340.54  1.30         7.54 296.64</u></div>
<div class="ContentPasted0"><u>Belmore      1.65                        8.50 334.63  1.30         7.54 296.64</u></div>
<div class="ContentPasted0"><u>Trenton      1.50                        8.35 328.72  1.25         7.49 294.67</u></div>
<div class="ContentPasted0"><u>Winchester   1.85                        8.70 342.50  1.35         7.59 298.61</u></div>
<div class="ContentPasted0"><u>North Gower  1.80                        8.65 340.54  1.50         7.74 304.51</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 1.99                        8.84 348.02  1.35         7.59 298.61</u></div>
<div class="ContentPasted0"><u>Huron FOB   N/A    1.80  1.68  1.85                 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB    N/A                                       1.30         7.54 296.64</u></div>
<div class="ContentPasted0"><u>Lamb FOB    N/A                                     N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB     1.80  1.80N/A   N/A         8.65 340.54N/A</u></div>
<div class="ContentPasted0"><u>FOB SW Que   2.15                        9.00 354.31N/A</u></div>
<div class="ContentPasted0"><u>Track        2.32                        9.17 360.81N/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         8.20 322.62</u></div>
<div class="ContentPasted0"><u>Jhnstwn-Eth N/A  N/A   N/A   N/A                      2.17         8.41 330.89</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         8.24 324.20</u></div>
<div class="ContentPasted0"><u>Cardnl-Ing  N/A  N/A   N/A   N/A                      2.20         8.44 332.07</u></div>
<div class="ContentPasted0"><u>W O Feed     2.34                        9.19 361.60</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>US Rep       2.84                        9.69 381.48</u></div>
<div class="ContentPasted0"><u>Toledo El.  -0.54                        6.31 248.33 -0.41         5.83 229.45</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb     2.10                        8.95 352.35  1.20         7.44 292.70</u></div>
<div class="ContentPasted0"><u>Prescott     2.29                        9.14 359.83  1.88         8.12 319.47</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>HI SD CRN    1.80                        8.65</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3554 down 0.0061</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed narrowly mixed.</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>      NOV22   HI 13.97  3/4              NOV23     HI 13.68  1/4</u></div>
<div class="ContentPasted0"><u>             LOW 13.78  3/4                       LOW 13.52  3/4</u></div>
<div class="ContentPasted0"><u>            CLOSE13.81  3/4  Down  1/4          CLOSE 13.54  1/4  Down 4</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<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      4.60                         18.42 676.73  4.05        17.59 646.41</u></div>
<div class="ContentPasted0"><u>CK High     4.70                         18.52 680.40  4.25        17.79 653.76</u></div>
<div class="ContentPasted0"><u>CK Average  4.67                   -0.18 18.49 679.25  4.19 -0.46  17.73 651.51</u></div>
<div class="ContentPasted0"><u>Essex Cty   4.65                         18.47 678.56  4.20        17.74 651.93</u></div>
<div class="ContentPasted0"><u>Mdsx Low    4.65                         18.47 678.56  4.20        17.74 651.93</u></div>
<div class="ContentPasted0"><u>Mdsx High   4.80                         18.62 684.08  4.35        17.89 657.44</u></div>
<div class="ContentPasted0"><u>Mdsx Average4.72                   -0.14 18.54 681.04  4.25 -0.41  17.80 653.85</u></div>
<div class="ContentPasted0"><u>Hensall     4.73                         18.55 681.63  4.23        17.78 653.15</u></div>
<div class="ContentPasted0"><u>Bruce       4.70                         18.52 680.40  4.20        17.74 651.93</u></div>
<div class="ContentPasted0"><u>Putnam      4.70                         18.52 680.40  4.20        17.74 651.93</u></div>
<div class="ContentPasted0"><u>Burford     4.79                         18.61 683.71  4.28        17.82 654.86</u></div>
<div class="ContentPasted0"><u>Port Perry  4.63                         18.45 677.83  4.12        17.66 648.99</u></div>
<div class="ContentPasted0"><u>Norfolk     4.65                         18.47 678.56  4.25        17.79 653.76</u></div>
<div class="ContentPasted0"><u>Palmerston  4.80                         18.62 684.08  N/A</u></div>
<div class="ContentPasted0"><u>Varna       4.75                         18.57 682.24  4.25        17.79 653.76</u></div>
<div class="ContentPasted0"><u>Trenton     4.60                         18.42 676.73  4.20        17.74 651.93</u></div>
<div class="ContentPasted0"><u>Winchester  4.59                         18.41 676.36  4.20        17.74 651.93</u></div>
<div class="ContentPasted0"><u>North Gower 4.60                         18.42 676.73  4.15        17.69 650.09</u></div>
<div class="ContentPasted0"><u>Vankleek Hil4.50                         18.32 673.05  4.11        17.65 648.62</u></div>
<div class="ContentPasted0"><u>Huron FOB    N/A  4.80  4.74  4.74                     N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB    4.65                         18.47 678.56  4.25        17.79 653.76</u></div>
<div class="ContentPasted0"><u>Lambton FOB 4.61                         18.43 677.09  N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB    4.89  5.00  N/A   N/A        18.71 687.38  N/A</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor     5.18                         19.00 698.04  4.40        17.94 659.27</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton    5.25                         19.07 700.61  4.65        18.19 668.46</u></div>
<div class="ContentPasted0"><u>Prescott    5.10                         18.92 695.10  4.52        18.06 663.68</u></div>
<div class="ContentPasted0"><u>Port Colborn5.33                         19.15 703.55  4.62        18.16 667.36</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>Toledo El.  -0.27                        13.55 497.75 -0.61        12.93 475.19</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3554 down 0.0061</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed slightly higher.</u></div>
<div class="ContentPasted0"><u>DEC22      HI     8.46  1/2            JUL23   HI      8.73  1/2</u></div>
<div class="ContentPasted0"><u>           LOW    8.24                         LOW        8.56</u></div>
<div class="ContentPasted0"><u>           CLOSE  8.40  1/2  Up 5 3/4          CLOSE   8.69   Up 3 3/4</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>Minni wheat closed slightly lower.</u></div>
<div class="ContentPasted0"><u>DEC22      HI     9.59  3/4            SEP23   HI      9.46  1/4</u></div>
<div class="ContentPasted0"><u>           LOW       9.45                      LOW        9.33</u></div>
<div class="ContentPasted0"><u>           CLOSE  9.52   Down  1/4             CLOSE   9.37  1/2  Down 1 1/4</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<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   1.70    N/A    N/A     N/A    1.75    N/A</u></div>
<div class="ContentPasted0"><u>London      3.46   2.10   1.49    N/A    3.16    2.07   1.53    N/A</u></div>
<div class="ContentPasted0"><u>Hensall     4.50    N/A   1.70    N/A    3.10    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       2.70   2.30   1.70   1.15    2.70    2.30   1.70   1.00</u></div>
<div class="ContentPasted0"><u>Essex        N/A    N/A   1.65    N/A    N/A     N/A    1.70    N/A</u></div>
<div class="ContentPasted0"><u>Norwich     4.50    N/A   1.70    N/A    3.10    N/A    1.70    N/A</u></div>
<div class="ContentPasted0"><u>Port Hope    N/A    N/A   1.50    N/A    N/A     N/A    1.70    N/A</u></div>
<div class="ContentPasted0"><u>Kent Bridge 4.50    N/A   1.70    N/A    3.10    N/A    1.70    N/A</u></div>
<div class="ContentPasted0"><u>Chatham      N/A    N/A   1.65    N/A    N/A     N/A    1.70    N/A</u></div>
<div class="ContentPasted0"><u>Brigden      N/A    N/A   1.65    N/A    N/A     N/A    1.70    N/A</u></div>
<div class="ContentPasted0"><u>Palmerston   N/A   2.48   1.66   2.28    N/A     N/A     N/A    N/A</u></div>
<div class="ContentPasted0"><u>Varna       4.15   2.50   1.65    N/A    2.90    2.25   1.70    N/A</u></div>
<div class="ContentPasted0"><u>Mitchell    4.50    N/A   1.70    N/A    3.10    2.30   1.70    N/A</u></div>
<div class="ContentPasted0"><u>Thornton    3.46   2.10   1.49   2.26    3.16    2.07   1.53    N/A</u></div>
<div class="ContentPasted0"><u>North Gower  N/A   1.00   1.40   1.32    N/A     1.45   1.65   1.32</u></div>
<div class="ContentPasted0"><u>W O Feed                  2.24</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>TERMINAL</u></div>
<div class="ContentPasted0"><u>Port Colbor  N/A    N/A   1.75    N/A    N/A     N/A    1.80    N/A</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Toledo FM    N/A    N/A   2.99    N/A    N/A     N/A    2.95    N/A</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>Toledo El. 8.11US        10.99CA        8.59US         11.64CA</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<div><u><br class="ContentPasted0">
</u></div>
<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>
<div><u><br class="ContentPasted0">
</u></div>
<div class="ContentPasted0"><u>FEED GRAINS</u></div>
<div class="ContentPasted0"><u>FOB Hm Soymeal            694.14</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm            -</u></div>
<br>
<div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<br>
</div>
<div id="Signature">
<div>
<p style="margin:0in 0in 0.0001pt;font-size:11pt;font-family:Calibri, "sans-serif"">
<span style="font-size:10.0pt;font-family:"Courier New"">Blair Andrews<o:p> </o:p></span></p>
<p 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 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 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 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 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 style="margin:0in 0in 0.0001pt;font-size:11pt;font-family:Calibri, "sans-serif"">
<span style="font-size:10.0pt;font-family:"Courier New"">Fax. 519-674-1530<br>
<br>
<span style="background:#FDFDFD">Click on this link:<span><span style="color:#333333"> </span></span></span><span><span style="color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span></span><span><span style="color:#333333;background:#FDFDFD"> </span></span><span style="background:#FDFDFD"> to
 unsubscribe from this report.</span><br>
<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
<span style="background:#FDFDFD">Grain Farmers of Ontario</span></span><o:p> </o:p></p>
</div>
</div>
</div>
</div>
</body>
</html>