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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, October 11</u></div>
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<u>(All Bases in CAD)</u></div>
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<u>Exchange rate was 1.3735 up 0.0006</u></div>
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<u>Chicago corn closed slightly lower.</u></div>
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<u> DEC24 HI 4.22 3/4 DEC25 HI 4.54 1/2</u></div>
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<u> LOW 4.15 1/4 LOW 4.49 1/2</u></div>
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<u> CLOSE4.15 3/4 Down 2 3/4 CLOSE 4.50 Down 1 1/2</u></div>
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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 1.05 5.21 205.01 0.95 5.45 214.56</u></div>
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<u>CK High 1.05 5.21 205.01 0.95 5.45 214.56</u></div>
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<u>CK Avg 1.05 -0.37 5.21 205.01 0.95 -0.53 5.45 214.56</u></div>
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<u>Essex Cty 1.05 5.21 205.01 0.95 5.45 214.56</u></div>
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<u>Mdsx Low 1.05 5.21 205.01 0.95 5.45 214.56</u></div>
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<u>Mdsx High 1.05 5.21 205.01 0.95 5.45 214.56</u></div>
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<u>Mdsx Avg 1.05 -0.37 5.21 205.01 0.95 -0.53 5.45 214.56</u></div>
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<u>Hensall 1.07 5.22 205.67 0.97 5.47 215.21</u></div>
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<u>Bruce 1.05 5.21 205.01 0.95 5.45 214.56</u></div>
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<u>Putnam 1.05 5.21 205.01 0.95 5.45 214.56</u></div>
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<u>Guelph 1.00 5.16 203.04 1.00 5.50 216.53</u></div>
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<u>Burford 1.05 5.21 205.01 0.95 5.45 214.56</u></div>
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<u>Port Perry 0.80 4.96 195.17 0.80 5.30 208.65</u></div>
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<u>Norfolk 1.05 5.21 205.01 0.95 5.45 214.56</u></div>
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<u>Palmerston 1.00 5.16 203.04 0.95 5.45 214.56</u></div>
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<u>Varna 1.05 5.21 205.01 0.95 5.45 214.56</u></div>
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<u>Belmore 1.00 5.16 203.04 0.95 5.45 214.56</u></div>
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<u>Trenton 0.80 4.96 195.17 0.80 5.30 208.65</u></div>
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<u>Winchester 1.05 5.21 205.01 1.20 5.70 224.40</u></div>
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<u>North Gower 1.05 5.21 205.01 1.00 5.50 216.53</u></div>
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<u>Vankleek Hil 1.21 5.37 211.31 0.86 5.36 211.01</u></div>
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<u>Huron FOB 1.00 1.00 1.18 1.25 5.16 203.04N/A</u></div>
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<u>Kent FOB 1.15 5.31 208.95 1.00 5.50 216.53</u></div>
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<u>Lamb FOB 1.10 5.26 206.98 1.00 5.50 216.53</u></div>
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<u>Mdsx FOB 1.15 1.15 1.25 1.30 5.31 208.95 0.95 5.45 214.56</u></div>
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<u>FOB SW Que 1.59 5.75 226.27N/A</u></div>
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<u>Track 1.64 5.80 228.37N/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 5.82 229.12</u></div>
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<u>Jhnstwn-Eth N/A N/A N/A N/A 1.50 6.00 236.21</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 5.95 234.24</u></div>
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<u>Cardnl-Ing N/A N/A N/A N/A 1.50 6.00 236.21</u></div>
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<u>W O Feed 1.59 5.75 226.17</u></div>
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<u>max 3.0 ppm</u></div>
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<u>US Rep 1.83 5.99 235.72</u></div>
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<u>Toledo El. -0.48 3.68 144.75 -0.55 3.95 155.53</u></div>
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<u>TRANSFER</u></div>
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<u>Pt. Colb 1.50 5.66 222.73 1.25 5.75 226.37</u></div>
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<u>Prescott 1.44 5.60 220.36N/A</u></div>
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<u>HI SD CRN 1.05 5.20 3/4</u></div>
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<u>*Wet Bid</u></div>
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<u>Exchange rate was 1.3735 up 0.0006</u></div>
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<u>Chicago soybeans closed slightly lower.</u></div>
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<u> NOV24 HI 10.23 3/4 NOV25 HI 10.73 1/2</u></div>
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<u> LOW 10.04 LOW 10.54 1/4</u></div>
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<u> CLOSE10.05 1/2 Down 9 1/4 CLOSE 10.55 3/4 Down 10 1/2</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 2.80 12.86 472.34 2.75 13.31 488.97</u></div>
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<u>CK High 2.90 12.96 476.01 2.85 13.41 492.64</u></div>
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<u>CK Average 2.81 -0.69 12.87 472.85 2.78 -0.85 13.34 490.02</u></div>
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<u>Essex Cty 2.80 12.86 472.34 2.80 13.36 490.80</u></div>
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<u>Mdsx Low 2.79 12.85 471.97 2.75 13.31 488.97</u></div>
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<u>Mdsx High 2.85 12.91 474.18 2.90 13.46 494.48</u></div>
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<u>Mdsx Average2.81 -0.69 12.86 472.63 2.80 -0.83 13.36 490.88</u></div>
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<u>Hensall 2.80 12.86 472.34 2.73 13.29 488.35</u></div>
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<u>Bruce 2.80 12.86 472.34 2.75 13.31 488.97</u></div>
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<u>Putnam 2.85 12.91 474.18 2.90 13.46 494.48</u></div>
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<u>Guelph 2.82 12.88 473.08 2.72 13.28 487.86</u></div>
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<u>Burford 2.85 12.91 474.18 2.82 13.38 491.54</u></div>
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<u>Port Perry 2.66 12.72 467.20 2.63 13.19 484.56</u></div>
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<u>Norfolk 2.85 12.91 474.18 2.80 13.36 490.80</u></div>
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<u>Palmerston 2.80 12.86 472.34 2.75 13.31 488.97</u></div>
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<u>Varna 2.80 12.86 472.34 2.75 13.31 488.97</u></div>
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<u>Trenton 2.65 12.71 466.83 2.80 13.36 490.80</u></div>
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<u>Winchester 2.70 12.76 468.67 3.00 13.56 498.15</u></div>
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<u>North Gower 2.55 12.61 463.15 2.55 13.11 481.62</u></div>
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<u>Vankleek Hil2.77 12.83 471.24 2.62 13.18 484.19</u></div>
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<u>Huron FOB 2.80 2.80 2.95 3.02 12.86 472.34 N/A</u></div>
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<u>Kent FOB 2.80 12.86 472.34 2.75 13.31 488.97</u></div>
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<u>Lambton FOB 2.85 12.91 474.18 2.75 13.31 488.97</u></div>
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<u>Mdsx FOB 2.91 2.98 2.98 3.05 12.97 476.38 3.04 13.60 499.62</u></div>
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<u>PROCESSORS</u></div>
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<u>Windsor 3.16 13.22 485.57 3.24 13.80 506.97</u></div>
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<u>TRANSFER</u></div>
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<u>Hamilton 3.35 13.41 492.55 3.20 13.76 505.50</u></div>
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<u>Prescott 3.04 13.10 481.16 N/A</u></div>
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<u>Port Colborn3.45 13.51 496.22 3.43 13.99 513.95</u></div>
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<u>Toledo El. -0.76 9.30 341.70 -0.76 9.80 360.16</u></div>
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<u>Exchange rate was 1.3735 up 0.0006</u></div>
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<u>Chicago wheat closed slightly lower.</u></div>
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<u>DEC24 HI 6.11 1/4 JUL25 HI 6.49 3/4</u></div>
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<u> LOW 5.92 1/2 LOW 6.32 3/4</u></div>
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<u> CLOSE 5.99 Down 4 3/4 CLOSE 6.39 1/2 Down 4 3/4</u></div>
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<u>Minni wheat closed slightly lower.</u></div>
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<u>DEC24 HI 6.53 SEP25 HI 6.91</u></div>
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<u> LOW 6.36 3/4 LOW 6.80</u></div>
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<u> CLOSE 6.43 3/4 Down 6 1/2 CLOSE 6.85 1/2 Down 3</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 1.91 1.70 0.75 N/A 2.06 1.89 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 1.15 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 0.80 N/A N/A N/A 1.15 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Norwich 1.70 N/A 0.75 N/A 1.90 N/A 1.05 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Winchester N/A N/A N/A N/A N/A N/A N/A N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Belmore 1.20 1.40 0.75 0.85 N/A 1.55 1.05 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Kent Bridge 1.70 N/A 0.75 N/A 1.90 N/A 1.05 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Chatham N/A N/A 0.80 N/A N/A N/A 1.15 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Brigden N/A N/A 0.80 N/A N/A N/A 1.15 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Palmerston 1.20 1.40 0.75 0.85 N/A 1.55 1.05 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Varna 1.65 1.65 0.75 N/A 1.75 2.15 1.05 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Mitchell 1.70 1.65 0.75 N/A 1.90 1.90 1.05 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Thornton 1.91 1.70 0.75 1.19 2.06 1.89 1.04 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>North Gower N/A 0.60 0.80 0.62 N/A 0.94 1.24 0.62</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>W O Feed 1.55</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>TERMINAL</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Port Colbor N/A N/A 1.42 N/A N/A N/A 1.64 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>PROCESSORS</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Toledo FM N/A N/A 2.03 N/A N/A N/A 2.18 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Toledo El. 5.74US 7.88CA 6.15US 8.44CA</u></div>
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<u><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>(C)-Basis over the Chicago Board of Trade futures</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>(M)-Basis over the Minneapolis Grain Exchange</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>FEED GRAINS</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>FOB Hm Soymeal 525.92</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>DDG's FOB Aylm 220.00</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u><br>
</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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