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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, September 25</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3456 down 0.0015</u></div>
<div class="ContentPasted0"><u>Chicago corn closed slightly higher.</u></div>
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<div class="ContentPasted0"><u>      DEC23   HI 4.82  1/2                    DEC23    HI 4.82  1/2</u></div>
<div class="ContentPasted0"><u>             LOW 4.73  3/4                            LOW 4.73  3/4</u></div>
<div class="ContentPasted0"><u>            CLOSE4.81  1/4  Up 4                    CLOSE 4.81  1/4  Up 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        +DEC23+DEC23+MAR24</u></div>
<div class="ContentPasted0"><u>CK Low       1.65                        6.46 254.42  1.10         5.91 232.76</u></div>
<div class="ContentPasted0"><u>CK High      1.65                        6.46 254.42  1.15         5.96 234.73</u></div>
<div class="ContentPasted0"><u>CK Avg       1.65                  -0.01 6.46 254.42  1.12 -0.40   5.93 233.61</u></div>
<div class="ContentPasted0"><u>Essex Cty    1.65                        6.46 254.42  1.15         5.96 234.73</u></div>
<div class="ContentPasted0"><u>Mdsx Low     1.65                        6.46 254.42  1.10         5.91 232.76</u></div>
<div class="ContentPasted0"><u>Mdsx High    1.65                        6.46 254.42  1.15         5.96 234.73</u></div>
<div class="ContentPasted0"><u>Mdsx Avg     1.65                  -0.01 6.46 254.42  1.12 -0.41   5.93 233.42</u></div>
<div class="ContentPasted0"><u>Hensall      1.67                        6.48 255.07  1.12         5.93 233.42</u></div>
<div class="ContentPasted0"><u>Bruce        1.65                        6.46 254.42  1.10         5.91 232.76</u></div>
<div class="ContentPasted0"><u>Putnam       1.65                        6.46 254.42  1.10         5.91 232.76</u></div>
<div class="ContentPasted0"><u>Guelph       1.60                        6.41 252.45  1.10         5.91 232.76</u></div>
<div class="ContentPasted0"><u>Burford      1.65                        6.46 254.42  1.10         5.91 232.76</u></div>
<div class="ContentPasted0"><u>Port Perry   1.45                        6.26 246.54  0.85         5.66 222.92</u></div>
<div class="ContentPasted0"><u>Norfolk      1.65                        6.46 254.42  1.15         5.96 234.73</u></div>
<div class="ContentPasted0"><u>Palmerston   1.60                        6.41 252.45  1.10         5.91 232.76</u></div>
<div class="ContentPasted0"><u>Varna        1.65                        6.46 254.42  1.10         5.91 232.76</u></div>
<div class="ContentPasted0"><u>Belmore      1.60                        6.41 252.45  1.10         5.91 232.76</u></div>
<div class="ContentPasted0"><u>Trenton      1.85                        6.66 262.29  0.90         5.71 224.89</u></div>
<div class="ContentPasted0"><u>Winchester  N/A                                       1.20         6.01 236.70</u></div>
<div class="ContentPasted0"><u>North Gower  1.70                        6.51 256.39  1.15         5.96 234.73</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 2.62                        7.43 292.60  0.84         5.65 222.53</u></div>
<div class="ContentPasted0"><u>Huron FOB    1.74  1.72  1.10  1.02      6.55 257.96  1.10         5.91 232.76</u></div>
<div class="ContentPasted0"><u>Kent FOB     1.85                        6.66 262.29  1.18         5.99 235.91</u></div>
<div class="ContentPasted0"><u>Lamb FOB     1.70                        6.51 256.39  1.13         5.94 233.95</u></div>
<div class="ContentPasted0"><u>Mdsx FOB     1.80  1.00  1.00  1.05      6.61 260.32  1.00         5.81 228.83</u></div>
<div class="ContentPasted0"><u>FOB SW Que   3.43                        8.24 324.49N/A</u></div>
<div class="ContentPasted0"><u>Track        2.39                        7.20 283.35N/A</u></div>
<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Chat-Eth    N/A  N/A   N/A   N/A                    N/A</u></div>
<div class="ContentPasted0"><u>Jhnstwn-Eth N/A  N/A   N/A   N/A                    N/A</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                      1.75         6.56 258.35</u></div>
<div class="ContentPasted0"><u>Cardnl-Ing  N/A  N/A   N/A   N/A                    N/A</u></div>
<div class="ContentPasted0"><u>W O Feed     2.39                        7.20 283.35</u></div>
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<div class="ContentPasted0"><u>US Rep       2.60                        7.41 291.82</u></div>
<div class="ContentPasted0"><u>Toledo El.  -0.81                        4.01 157.67 -0.81         4.01 157.67</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb    N/A                                       1.40         6.21 244.58</u></div>
<div class="ContentPasted0"><u>Prescott    N/A                                       1.51         6.32 248.91</u></div>
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<div class="ContentPasted0"><u>HI SD CRN                                             1.15         5.96 1/4</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3456 down 0.0015</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed slightly higher.</u></div>
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<div class="ContentPasted0"><u>      NOV23   HI 13.00                   NOV24     HI 12.63  1/4</u></div>
<div class="ContentPasted0"><u>             LOW 12.84  1/2                       LOW 12.51</u></div>
<div class="ContentPasted0"><u>            CLOSE12.97  3/4  Up 1 1/2           CLOSE 12.61  3/4  Up 5</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        +NOV23+NOV23+JAN24</u></div>
<div class="ContentPasted0"><u>CK Low      3.40                         16.38 601.77  3.04        15.66 575.31</u></div>
<div class="ContentPasted0"><u>CK High     3.55                         16.53 607.28  3.15        15.77 579.36</u></div>
<div class="ContentPasted0"><u>CK Average  3.46                   -0.76 16.44 604.08  3.10 -0.94  15.72 577.47</u></div>
<div class="ContentPasted0"><u>Essex Cty   3.50                         16.48 605.44  3.15        15.77 579.36</u></div>
<div class="ContentPasted0"><u>Mdsx Low    3.42                         16.40 602.50  3.02        15.64 574.58</u></div>
<div class="ContentPasted0"><u>Mdsx High   3.45                         16.43 603.61  3.10        15.72 577.52</u></div>
<div class="ContentPasted0"><u>Mdsx Average3.44                   -0.77 16.42 603.33  3.07 -0.96  15.69 576.33</u></div>
<div class="ContentPasted0"><u>Hensall     3.45                         16.43 603.61  3.10        15.72 577.52</u></div>
<div class="ContentPasted0"><u>Bruce       3.45                         16.43 603.61  3.10        15.72 577.52</u></div>
<div class="ContentPasted0"><u>Putnam      3.45                         16.43 603.61  3.10        15.72 577.52</u></div>
<div class="ContentPasted0"><u>Guelph      3.57                         16.55 608.02  3.16        15.78 579.72</u></div>
<div class="ContentPasted0"><u>Burford     3.50                         16.48 605.44  3.10        15.72 577.52</u></div>
<div class="ContentPasted0"><u>Port Perry  3.39                         16.37 601.40  2.99        15.61 573.48</u></div>
<div class="ContentPasted0"><u>Norfolk     3.50                         16.48 605.44  3.10        15.72 577.52</u></div>
<div class="ContentPasted0"><u>Palmerston  3.45                         16.43 603.61  3.10        15.72 577.52</u></div>
<div class="ContentPasted0"><u>Varna       3.45                         16.43 603.61  3.10        15.72 577.52</u></div>
<div class="ContentPasted0"><u>Trenton     3.45                         16.43 603.61  3.10        15.72 577.52</u></div>
<div class="ContentPasted0"><u>Winchester  3.60                         16.58 609.12  3.10        15.72 577.52</u></div>
<div class="ContentPasted0"><u>North Gower 3.65                         16.63 610.96  3.05        15.67 575.68</u></div>
<div class="ContentPasted0"><u>Vankleek Hil3.52                         16.50 606.18  3.13        15.75 578.62</u></div>
<div class="ContentPasted0"><u>Huron FOB    N/A  3.45  3.45  3.58                     N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB    3.45                         16.43 603.61  3.05        15.67 575.68</u></div>
<div class="ContentPasted0"><u>Lambton FOB 3.60                         16.58 609.12  N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB    3.57  3.55  3.73  3.66       16.55 608.02  N/A</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor     4.01                         16.99 624.18  3.85        16.47 605.08</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton    4.10                         17.08 627.49  3.70        16.32 599.57</u></div>
<div class="ContentPasted0"><u>Prescott    4.06                         17.04 626.02  N/A</u></div>
<div class="ContentPasted0"><u>Port Colborn4.20                         17.18 631.17  3.80        16.42 603.24</u></div>
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<div class="ContentPasted0"><u>Toledo El.  -0.94                        12.04 442.23 -0.74        11.88 436.42</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3456 down 0.0015</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed slightly higher.</u></div>
<div class="ContentPasted0"><u>DEC23      HI     5.90                 JUL24   HI      6.43  1/2</u></div>
<div class="ContentPasted0"><u>           LOW    5.73  3/4                    LOW        6.28</u></div>
<div class="ContentPasted0"><u>           CLOSE  5.89   Up 9 1/2              CLOSE   6.42  3/4  Up 9 1/4</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed narrowly mixed.</u></div>
<div class="ContentPasted0"><u>DEC23      HI     7.72  3/4            SEP24   HI      7.95  3/4</u></div>
<div class="ContentPasted0"><u>           LOW    7.63  3/4                    LOW        7.95</u></div>
<div class="ContentPasted0"><u>           CLOSE  7.69   Down 1 1/2            CLOSE   7.95  3/4  Up  1/4</u></div>
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<div class="ContentPasted0"><u>Direct MarkHarvest 2023                Harvest 2024</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   0.55    N/A    N/A     N/A    0.85    N/A</u></div>
<div class="ContentPasted0"><u>London      1.27   1.27   0.53    N/A    1.44    1.32   0.85    N/A</u></div>
<div class="ContentPasted0"><u>Hensall     1.60   1.30   0.55   1.15    1.70    1.50   0.85    N/A</u></div>
<div class="ContentPasted0"><u>Trenton      N/A    N/A   0.50    N/A    N/A     N/A    0.85    N/A</u></div>
<div class="ContentPasted0"><u>Bruce       1.35   1.05   0.55   1.00    1.35    1.35   0.85    N/A</u></div>
<div class="ContentPasted0"><u>Essex        N/A    N/A   0.50    N/A    N/A     N/A    0.90    N/A</u></div>
<div class="ContentPasted0"><u>Norwich     1.65    N/A   0.55    N/A    1.75    N/A    0.85    N/A</u></div>
<div class="ContentPasted0"><u>Belmore     1.60   1.10   0.55   1.20    1.70    1.15   0.85    N/A</u></div>
<div class="ContentPasted0"><u>Kent Bridge 1.65    N/A   0.45    N/A    1.75    N/A    0.85    N/A</u></div>
<div class="ContentPasted0"><u>Chatham      N/A    N/A   0.50    N/A    N/A     N/A    0.90    N/A</u></div>
<div class="ContentPasted0"><u>Brigden      N/A    N/A   0.40    N/A    N/A     N/A    0.90    N/A</u></div>
<div class="ContentPasted0"><u>Palmerston  1.60   1.10   0.55   1.20    1.70    1.15   0.85    N/A</u></div>
<div class="ContentPasted0"><u>Varna       1.60   1.30   0.55    N/A    1.70    1.50   0.85    N/A</u></div>
<div class="ContentPasted0"><u>Mitchell    1.65   1.30   0.55    N/A    1.75    1.50   0.85    N/A</u></div>
<div class="ContentPasted0"><u>Thornton    1.27   1.27   0.53   1.04    1.44    1.32   0.85    N/A</u></div>
<div class="ContentPasted0"><u>North Gower  N/A   0.50   0.80   1.07    N/A     0.82   1.12   0.92</u></div>
<div class="ContentPasted0"><u>W O Feed                  1.32</u></div>
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<div class="ContentPasted0"><u>TERMINAL</u></div>
<div class="ContentPasted0"><u>Port Colbor  N/A    N/A   1.07    N/A    N/A     N/A    1.32    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   1.56    N/A    N/A     N/A     N/A    N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 5.34US        7.19CA         6.19US         8.33CA</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            638.25</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm            325.00</u></div>
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<span style="font-size:10.0pt;font-family:"Courier New"">Blair Andrews<o:p> </o:p></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">Editor, Farm Market News
<o:p> </o:p></span></p>
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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="background: rgb(253, 253, 253);">Grain Farmers of Ontario</span></span><o:p> </o:p></p>
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