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Note: the Corn report now refers to the 2024 crop as "old/spot," and the 2025 crop as the "new crop."</div>
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Thank you</div>
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<br>
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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, October 7</u></div>
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<u>(All Bases in CAD)</u></div>
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<u>Exchange rate was 1.3601 up 0.0048</u></div>
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<u>Chicago corn closed slightly higher.</u></div>
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<u><br>
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<u> DEC24 HI 4.27 DEC25 HI 4.55 3/4</u></div>
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<u> LOW 4.21 1/4 LOW 4.51 1/4</u></div>
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<u> CLOSE4.26 Up 1 1/4 CLOSE 4.55 1/2 Up 1 3/4</u></div>
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<u><br>
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<u> OLD CROP BASIS NEW CROP BASIS</u></div>
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<u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt</u></div>
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<u>ELEVATORS +DEC24+MAR25+MAR25</u></div>
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<u>CK Low 1.00 5.26 207.08 0.95 5.51 216.72</u></div>
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<u>CK High 1.05 5.31 209.05 0.95 5.51 216.72</u></div>
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<u>CK Avg 1.01 -0.39 5.27 207.32 0.95 -0.51 5.51 216.72</u></div>
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<u>Essex Cty 1.00 5.26 207.08 0.95 5.51 216.72</u></div>
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<u>Mdsx Low 1.00 5.26 207.08 0.95 5.51 216.72</u></div>
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<u>Mdsx High 1.00 5.26 207.08 0.95 5.51 216.72</u></div>
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<u>Mdsx Avg 1.00 -0.39 5.26 207.08 0.95 -0.51 5.51 216.72</u></div>
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<u>Hensall 1.02 5.28 207.73 0.97 5.52 217.38</u></div>
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<u>Bruce 1.00 5.26 207.08 0.95 5.51 216.72</u></div>
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<u>Putnam 1.00 5.26 207.08 0.95 5.51 216.72</u></div>
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<u>Guelph 1.00 5.26 207.08 0.95 5.51 216.72</u></div>
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<u>Burford 1.00 5.26 207.08 0.95 5.51 216.72</u></div>
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<u>Port Perry 0.80 5.06 199.20 0.80 5.36 210.82</u></div>
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<u>Norfolk 1.00 5.26 207.08 0.95 5.51 216.72</u></div>
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<u>Palmerston 1.00 5.26 207.08 0.95 5.51 216.72</u></div>
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<u>Varna 1.00 5.26 207.08 0.95 5.51 216.72</u></div>
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<u>Belmore 1.00 5.26 207.08 0.95 5.51 216.72</u></div>
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<u>Trenton 0.80 5.06 199.20 0.80 5.36 210.82</u></div>
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<u>Winchester 1.00 5.26 207.08 1.07 5.63 221.45</u></div>
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<u>North Gower 0.95 5.21 205.11 1.00 5.56 218.69</u></div>
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<u>Vankleek Hil 1.32 5.58 219.67 1.11 5.67 223.02</u></div>
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<u>Huron FOB 1.15 1.05 1.12 1.20 5.41 212.98N/A</u></div>
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<u>Kent FOB 1.15 5.41 212.98 1.00 5.56 218.69</u></div>
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<u>Lamb FOB 1.05 5.31 209.05 1.00 5.56 218.69</u></div>
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<u>Mdsx FOB 1.15 1.15 1.20 1.25 5.41 212.98 0.95 5.51 216.72</u></div>
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<u>FOB SW Que 1.39 5.65 222.43N/A</u></div>
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<u>Track 1.70 5.96 234.77N/A</u></div>
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<u>PROCESSORS</u></div>
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<u>Chat-Eth N/A N/A N/A N/A 1.32 5.88 231.29</u></div>
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<u>Jhnstwn-Eth N/A N/A N/A N/A 1.50 6.06 238.37</u></div>
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<u>Aylmer-Eth N/A N/A N/A N/A N/A</u></div>
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<u>Sarn-Eth N/A N/A N/A N/A N/A</u></div>
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<u>London-Ing N/A N/A N/A N/A 1.45 6.01 236.41</u></div>
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<u>Cardnl-Ing N/A N/A N/A N/A 1.45 6.01 236.41</u></div>
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<u>W O Feed 1.73 5.99 235.72</u></div>
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<u>max 3.0 ppm</u></div>
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<u>US Rep 1.80 6.06 238.57</u></div>
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<u>Toledo El. -0.48 3.78 148.97 -0.54 4.01 157.90</u></div>
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<u>TRANSFER</u></div>
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<u>Pt. Colb 1.40 5.66 222.82 1.25 5.81 228.53</u></div>
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<u>Prescott 1.37 5.63 221.64N/A</u></div>
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<u>HI SD CRN 1.05 5.31</u></div>
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<u>*Wet Bid</u></div>
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<u>Exchange rate was 1.3601 up 0.0048</u></div>
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<u>Chicago soybeans closed slightly lower to steady.</u></div>
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<u> NOV24 HI 10.39 NOV25 HI 10.83</u></div>
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<u> LOW 10.26 1/2 LOW 10.71 1/4</u></div>
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<u> CLOSE10.34 Down 3 3/4 CLOSE 10.80 3/4 Unchanged</u></div>
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<u> OLD CROP NEW CROP</u></div>
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<u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt</u></div>
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<u>ELEVATORS +NOV24+JAN25+JAN25</u></div>
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<u>CK Low 2.77 13.11 481.71 2.70 13.51 496.32</u></div>
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<u>CK High 2.90 13.24 486.49 2.80 13.61 499.99</u></div>
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<u>CK Average 2.81 -0.67 13.15 483.13 2.75 -0.84 13.56 498.11</u></div>
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<u>Essex Cty 2.80 13.14 482.81 2.80 13.61 499.99</u></div>
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<u>Mdsx Low 2.75 13.09 480.98 2.70 13.51 496.32</u></div>
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<u>Mdsx High 2.85 13.19 484.65 2.77 13.58 498.89</u></div>
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<u>Mdsx Average2.80 -0.68 13.14 482.81 2.74 -0.84 13.55 497.93</u></div>
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<u>Hensall 2.80 13.14 482.81 2.68 13.49 495.70</u></div>
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<u>Bruce 2.80 13.14 482.81 2.65 13.46 494.48</u></div>
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<u>Putnam 2.85 13.19 484.65 2.75 13.56 498.15</u></div>
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<u>Guelph 2.80 13.14 482.81 2.68 13.49 495.58</u></div>
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<u>Burford 2.81 13.15 483.18 2.83 13.64 501.09</u></div>
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<u>Port Perry 2.62 12.96 476.20 2.64 13.45 494.11</u></div>
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<u>Norfolk 2.85 13.19 484.65 2.80 13.61 499.99</u></div>
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<u>Palmerston 2.80 13.14 482.81 2.70 13.51 496.32</u></div>
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<u>Varna 2.80 13.14 482.81 2.70 13.51 496.32</u></div>
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<u>Trenton 2.70 13.04 479.14 2.60 13.41 492.64</u></div>
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<u>Winchester 2.55 12.89 473.63 2.67 13.48 495.21</u></div>
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<u>North Gower 2.35 12.69 466.28 2.35 13.16 483.46</u></div>
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<u>Vankleek Hil2.84 13.18 484.28 2.63 13.44 493.74</u></div>
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<u>Huron FOB 2.80 2.80 2.87 2.91 13.14 482.81 N/A</u></div>
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<u>Kent FOB 2.80 13.14 482.81 2.75 13.56 498.15</u></div>
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<u>Lambton FOB 2.80 13.14 482.81 2.75 13.56 498.15</u></div>
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<u>Mdsx FOB 2.82 2.89 2.88 2.95 13.16 483.55 2.91 13.72 504.03</u></div>
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<u>PROCESSORS</u></div>
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<u>Windsor 3.26 13.60 499.71 3.19 14.00 514.32</u></div>
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<u>TRANSFER</u></div>
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<u>Hamilton 3.40 13.74 504.86 3.20 14.01 514.69</u></div>
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<u>Prescott 2.95 13.29 488.32 N/A</u></div>
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<u>Port Colborn3.42 13.76 505.59 3.31 14.12 518.73</u></div>
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<u>Toledo El. -0.65 9.69 355.94 -0.75 10.06 369.62</u></div>
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<u>Exchange rate was 1.3601 up 0.0048</u></div>
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<u>Chicago wheat closed slightly higher.</u></div>
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<u>DEC24 HI 5.95 1/4 JUL25 HI 6.38 3/4</u></div>
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<u> LOW 5.84 LOW 6.27 1/2</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u> CLOSE 5.92 1/2 Up 2 3/4 CLOSE 6.37 1/4 Up 4 1/2</u></div>
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<u><br>
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<u>Minni wheat closed slightly higher.</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>DEC24 HI 6.46 SEP25 HI 6.84 1/4</u></div>
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<u> LOW 6.31 3/4 LOW 6.80 1/4</u></div>
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<u> CLOSE 6.44 1/4 Up 5 3/4 CLOSE 6.84 1/4 Up 5 1/4</u></div>
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<u>Direct MarkHarvest 2024 Harvest 2025</u></div>
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<u> DELIVERED BASIS DELIVERED BASIS</u></div>
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<u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)</u></div>
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<u>ELEVATORS</u></div>
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<u>Brgssvll N/A N/A 0.75 N/A N/A N/A 1.05 N/A</u></div>
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<u>London 1.78 1.65 0.75 N/A 1.94 1.83 1.04 N/A</u></div>
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<u>Hensall 1.65 1.65 0.75 1.15 1.75 1.90 1.05 1.25</u></div>
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<u>Trenton N/A N/A N/A N/A N/A N/A 1.05 N/A</u></div>
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<u>Bruce 1.55 1.50 0.75 0.85 1.75 1.85 1.05 1.10</u></div>
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<u>Essex N/A N/A 0.75 N/A N/A N/A 1.05 N/A</u></div>
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<u>Norwich 1.70 N/A 0.75 N/A 1.90 N/A 1.05 N/A</u></div>
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<u>Winchester N/A N/A N/A N/A N/A N/A N/A N/A</u></div>
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<u>Belmore 1.20 1.40 0.75 0.85 N/A 1.55 1.05 N/A</u></div>
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<u>Kent Bridge 1.70 N/A 0.75 N/A 1.90 N/A 1.05 N/A</u></div>
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<u>Chatham N/A N/A 0.75 N/A N/A N/A 1.05 N/A</u></div>
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<u>Brigden N/A N/A 0.75 N/A N/A N/A 1.05 N/A</u></div>
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<u>Palmerston 1.20 1.40 0.75 0.85 N/A 1.55 1.05 N/A</u></div>
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<u>Varna 1.65 1.65 0.75 N/A 1.75 2.15 1.05 N/A</u></div>
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<u>Mitchell 1.70 1.65 0.75 N/A 1.90 1.90 1.05 N/A</u></div>
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<u>Thornton 1.78 1.65 0.75 1.20 1.94 1.83 1.04 N/A</u></div>
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<u>North Gower N/A 0.60 0.80 0.62 N/A 0.96 1.26 0.62</u></div>
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<u>W O Feed 1.45</u></div>
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<u><br>
</u></div>
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<u>TERMINAL</u></div>
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<u>Port Colbor N/A N/A 1.30 N/A N/A N/A 1.53 N/A</u></div>
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<u><br>
</u></div>
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<u>PROCESSORS</u></div>
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<u>Toledo FM N/A N/A 1.93 N/A N/A N/A 2.09 N/A</u></div>
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<u><br>
</u></div>
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<u>Toledo El. 5.68US 7.72CA 6.12US 8.33CA</u></div>
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<u><br>
</u></div>
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<u><br>
</u></div>
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<u>(C)-Basis over the Chicago Board of Trade futures</u></div>
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<u>(M)-Basis over the Minneapolis Grain Exchange</u></div>
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<u><br>
</u></div>
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<u>FEED GRAINS</u></div>
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<u>FOB Hm Soymeal 547.64</u></div>
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<u>DDG's FOB Aylm 220.00</u></div>
<div id="Signature" class="elementToProof">
<p style="margin: 0in 0in 0.0001pt; font-family: Calibri, "sans-serif"; font-size: 11pt;">
<span style="font-family: "Courier New"; font-size: 10pt;">Blair Andrews </span></p>
<p style="margin: 0in 0in 0.0001pt; font-family: Calibri, "sans-serif"; font-size: 11pt;">
<span style="font-family: "Courier New"; font-size: 10pt;">Editor, Farm Market News </span></p>
<p style="margin: 0in 0in 0.0001pt; font-family: Calibri, "sans-serif"; font-size: 11pt;">
<span style="font-family: "Courier New"; font-size: 10pt;">University of Guelph, Ridgetown Campus </span></p>
<p style="margin: 0in 0in 0.0001pt; font-family: Calibri, "sans-serif"; font-size: 11pt;">
<span style="font-family: "Courier New"; font-size: 10pt;"> </span></p>
<p style="margin: 0in 0in 0.0001pt; font-family: Calibri, "sans-serif"; font-size: 11pt;">
<span style="font-family: "Courier New"; font-size: 10pt;">Email:fmnc@uoguelph.ca </span></p>
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<span style="font-family: "Courier New"; font-size: 10pt;">Tel. 519-674-1500 x 63577 </span></p>
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