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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, October 16</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3605 down 0.0040</u></div>
<div class="ContentPasted0"><u>Chicago corn closed slightly lower.</u></div>
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<div class="ContentPasted0"><u>      DEC23   HI 4.96  3/4                    DEC24    HI 5.23  1/2</u></div>
<div class="ContentPasted0"><u>             LOW 4.89  1/2                            LOW 5.16  3/4</u></div>
<div class="ContentPasted0"><u>            CLOSE4.90   Down 3 1/4                  CLOSE 5.17  3/4  Down 3 1/2</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+MAR24+MAR24</u></div>
<div class="ContentPasted0"><u>CK Low       1.05                        5.95 234.24  0.95         6.13 241.23</u></div>
<div class="ContentPasted0"><u>CK High      1.10                        6.00 236.21  1.00         6.18 243.20</u></div>
<div class="ContentPasted0"><u>CK Avg       1.07                  -0.51 5.97 235.08  0.97 -0.66   6.15 242.07</u></div>
<div class="ContentPasted0"><u>Essex Cty    1.10                        6.00 236.21  0.95         6.13 241.23</u></div>
<div class="ContentPasted0"><u>Mdsx Low     1.05                        5.95 234.24  0.95         6.13 241.23</u></div>
<div class="ContentPasted0"><u>Mdsx High    1.10                        6.00 236.21  1.00         6.18 243.20</u></div>
<div class="ContentPasted0"><u>Mdsx Avg     1.06                  -0.52 5.96 234.73  0.96 -0.66   6.14 241.72</u></div>
<div class="ContentPasted0"><u>Hensall      1.07                        5.97 234.90  1.00         6.18 243.20</u></div>
<div class="ContentPasted0"><u>Bruce        1.05                        5.95 234.24  0.95         6.13 241.23</u></div>
<div class="ContentPasted0"><u>Putnam       1.05                        5.95 234.24  0.95         6.13 241.23</u></div>
<div class="ContentPasted0"><u>Guelph       1.00                        5.90 232.27N/A</u></div>
<div class="ContentPasted0"><u>Burford      1.05                        5.95 234.24  1.00         6.18 243.20</u></div>
<div class="ContentPasted0"><u>Port Perry   0.85                        5.75 226.37  0.90         6.08 239.26</u></div>
<div class="ContentPasted0"><u>Norfolk      1.10                        6.00 236.21  0.95         6.13 241.23</u></div>
<div class="ContentPasted0"><u>Palmerston   1.05                        5.95 234.24  1.00         6.18 243.20</u></div>
<div class="ContentPasted0"><u>Varna        1.05                        5.95 234.24  1.00         6.18 243.20</u></div>
<div class="ContentPasted0"><u>Belmore      1.05                        5.95 234.24  1.00         6.18 243.20</u></div>
<div class="ContentPasted0"><u>Trenton      0.85                        5.75 226.37  0.90         6.08 239.26</u></div>
<div class="ContentPasted0"><u>Winchester   1.20                        6.10 240.15  0.82         6.00 236.11</u></div>
<div class="ContentPasted0"><u>North Gower  1.15                        6.05 238.18  1.10         6.28 247.13</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 0.72                        5.62 221.25  0.86         6.04 237.69</u></div>
<div class="ContentPasted0"><u>Huron FOB    1.05  1.05  1.12  1.22      5.95 234.24N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB     1.15                        6.05 238.18  0.95         6.13 241.23</u></div>
<div class="ContentPasted0"><u>Lamb FOB     1.52                        6.42 252.74N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB     1.05  1.05  1.05  1.10      5.95 234.24N/A</u></div>
<div class="ContentPasted0"><u>FOB SW Que   2.80                        7.70 303.14N/A</u></div>
<div class="ContentPasted0"><u>Track        2.04                        6.94 273.14N/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     1.75                   1.55         6.73 264.85</u></div>
<div class="ContentPasted0"><u>Cardnl-Ing  N/A  N/A   N/A   N/A                      1.60         6.78 266.82</u></div>
<div class="ContentPasted0"><u>W O Feed     2.19                        7.09 279.12</u></div>
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<div class="ContentPasted0"><u>US Rep       2.72                        7.62 299.99</u></div>
<div class="ContentPasted0"><u>Toledo El.  -0.82                        4.08 160.77 -0.54         4.63 182.41</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb     1.35                        6.25 246.05  1.05         6.23 245.17</u></div>
<div class="ContentPasted0"><u>Prescott     1.64                        6.54 257.47N/A</u></div>
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<div class="ContentPasted0"><u>HI SD CRN    1.10                        6.00</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3605 down 0.0040</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed slightly higher.</u></div>
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<div class="ContentPasted0"><u>      NOV23   HI 12.89                   NOV24     HI 12.58  1/2</u></div>
<div class="ContentPasted0"><u>             LOW 12.79  1/2                       LOW 12.48</u></div>
<div class="ContentPasted0"><u>            CLOSE12.86  1/4  Up 6               CLOSE 12.55   Up 3 1/4</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        +NOV23+JAN24+JAN24</u></div>
<div class="ContentPasted0"><u>CK Low      3.45                         16.31 599.38  3.25        15.80 580.55</u></div>
<div class="ContentPasted0"><u>CK High     3.55                         16.41 603.06  3.35        15.90 584.22</u></div>
<div class="ContentPasted0"><u>CK Average  3.52                   -0.82 16.38 601.95  3.28 -0.91  15.83 581.81</u></div>
<div class="ContentPasted0"><u>Essex Cty   3.50                         16.36 601.22  3.30        15.85 582.39</u></div>
<div class="ContentPasted0"><u>Mdsx Low    3.44                         16.30 599.01  3.19        15.74 578.35</u></div>
<div class="ContentPasted0"><u>Mdsx High   3.60                         16.46 604.89  3.25        15.80 580.55</u></div>
<div class="ContentPasted0"><u>Mdsx Average3.50                   -0.84 16.36 601.13  3.24 -0.95  15.79 580.00</u></div>
<div class="ContentPasted0"><u>Hensall     3.45                         16.31 599.38  3.22        15.77 579.33</u></div>
<div class="ContentPasted0"><u>Bruce       3.45                         16.31 599.38  3.20        15.75 578.71</u></div>
<div class="ContentPasted0"><u>Putnam      3.60                         16.46 604.89  3.25        15.80 580.55</u></div>
<div class="ContentPasted0"><u>Guelph      3.53                         16.39 602.32  3.34        15.89 583.86</u></div>
<div class="ContentPasted0"><u>Burford     3.52                         16.38 601.95  3.27        15.82 581.29</u></div>
<div class="ContentPasted0"><u>Port Perry  3.41                         16.27 597.91  3.16        15.71 577.24</u></div>
<div class="ContentPasted0"><u>Norfolk     3.60                         16.46 604.89  3.25        15.80 580.55</u></div>
<div class="ContentPasted0"><u>Palmerston  3.45                         16.31 599.38  3.20        15.75 578.71</u></div>
<div class="ContentPasted0"><u>Varna       3.45                         16.31 599.38  3.20        15.75 578.71</u></div>
<div class="ContentPasted0"><u>Trenton     3.35                         16.21 595.71  3.25        15.80 580.55</u></div>
<div class="ContentPasted0"><u>Winchester  3.45                         16.31 599.38  3.25        15.80 580.55</u></div>
<div class="ContentPasted0"><u>North Gower 3.30                         16.16 593.87  3.30        15.85 582.39</u></div>
<div class="ContentPasted0"><u>Vankleek Hil3.42                         16.28 598.28  3.31        15.86 582.76</u></div>
<div class="ContentPasted0"><u>Huron FOB   3.45  3.45  3.55  3.69       16.31 599.38  N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB    3.50                         16.36 601.22  3.25        15.80 580.55</u></div>
<div class="ContentPasted0"><u>Lambton FOB 3.70                         16.56 608.57  N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB    3.61  3.62  3.69  3.83       16.47 605.26  N/A</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor     4.04                         16.90 621.06  4.01        16.56 608.48</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton    4.00                         16.86 619.59  3.90        16.45 604.43</u></div>
<div class="ContentPasted0"><u>Prescott    3.83                         16.69 613.34  N/A</u></div>
<div class="ContentPasted0"><u>Port Colborn4.09                         16.95 622.90  3.97        16.52 607.01</u></div>
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<div class="ContentPasted0"><u>Toledo El.  -0.95                        11.91 437.62 -0.75        11.80 433.64</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3605 down 0.0040</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed slightly lower.</u></div>
<div class="ContentPasted0"><u>DEC23      HI     5.88  1/2            JUL24   HI      6.41  3/4</u></div>
<div class="ContentPasted0"><u>           LOW    5.75  1/4                    LOW        6.33</u></div>
<div class="ContentPasted0"><u>           CLOSE  5.77  1/4  Down 2 1/2        CLOSE   6.34  3/4  Down 2</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed slightly higher.</u></div>
<div class="ContentPasted0"><u>DEC23      HI        7.32              SEP24   HI         7.84</u></div>
<div class="ContentPasted0"><u>           LOW       7.21                      LOW     7.77  1/4</u></div>
<div class="ContentPasted0"><u>           CLOSE  7.28  3/4  Up 6 3/4          CLOSE   7.81  3/4  Up 3</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   0.75    N/A    N/A     N/A    1.00    N/A</u></div>
<div class="ContentPasted0"><u>London      1.36   1.42   0.74    N/A    1.01    1.48   1.01    N/A</u></div>
<div class="ContentPasted0"><u>Hensall     1.60   1.55   0.80   1.25    1.65    1.55   1.00    N/A</u></div>
<div class="ContentPasted0"><u>Trenton      N/A    N/A   0.75    N/A    N/A     N/A    1.00    N/A</u></div>
<div class="ContentPasted0"><u>Bruce        N/A   1.25   0.75   1.00    1.50    1.50   1.00    N/A</u></div>
<div class="ContentPasted0"><u>Essex        N/A    N/A   0.80    N/A    N/A     N/A    1.05    N/A</u></div>
<div class="ContentPasted0"><u>Norwich     1.60    N/A   0.75    N/A    1.75    N/A    1.00    N/A</u></div>
<div class="ContentPasted0"><u>Belmore     1.60   1.10   0.80   1.10    1.70    1.15   1.00    N/A</u></div>
<div class="ContentPasted0"><u>Kent Bridge 1.60    N/A   0.75    N/A    1.75    N/A    1.00    N/A</u></div>
<div class="ContentPasted0"><u>Chatham      N/A    N/A   0.80    N/A    N/A     N/A    1.05    N/A</u></div>
<div class="ContentPasted0"><u>Brigden      N/A    N/A   0.80    N/A    N/A     N/A    1.05    N/A</u></div>
<div class="ContentPasted0"><u>Palmerston  1.60   1.10   0.80   1.10    1.70    1.15   1.00    N/A</u></div>
<div class="ContentPasted0"><u>Varna       1.60   1.55   0.80    N/A    1.65    1.55   1.00    N/A</u></div>
<div class="ContentPasted0"><u>Mitchell    1.60   1.30   0.75    N/A    1.75    1.50   1.00    N/A</u></div>
<div class="ContentPasted0"><u>Thornton    1.36   1.42   0.74   1.13    1.01    1.48   1.01    N/A</u></div>
<div class="ContentPasted0"><u>North Gower  N/A   0.60   0.90   0.97    N/A     0.83   1.13   0.92</u></div>
<div class="ContentPasted0"><u>W O Feed                  1.67</u></div>
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<div class="ContentPasted0"><u>TERMINAL</u></div>
<div class="ContentPasted0"><u>Port Colbor  N/A    N/A   1.49    N/A    N/A     N/A    1.48    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   1.60    N/A    N/A     N/A    2.15    N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 5.22US        7.10CA         6.11US         8.31CA</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            630.75</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm            315.00</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
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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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