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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, October 14</u></div>
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<u>(All Bases in CAD)</u></div>
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<u>Exchange rate was 1.3773 up 0.0038</u></div>
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<u>Chicago corn closed moderately lower.</u></div>
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<u> DEC24 HI 4.15 1/4 DEC25 HI 4.50 1/4</u></div>
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<u> LOW 4.07 1/2 LOW 4.42</u></div>
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<u> CLOSE4.08 1/4 Down 7 1/2 CLOSE 4.42 1/2 Down 7 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 5.13 202.06 0.95 5.38 211.60</u></div>
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<u>CK High 1.05 5.13 202.06 0.95 5.38 211.60</u></div>
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<u>CK Avg 1.05 -0.36 5.13 202.06 0.95 -0.52 5.38 211.60</u></div>
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<u>Essex Cty 1.05 5.13 202.06 0.95 5.38 211.60</u></div>
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<u>Mdsx Low 1.05 5.13 202.06 0.95 5.38 211.60</u></div>
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<u>Mdsx High 1.05 5.13 202.06 0.95 5.38 211.60</u></div>
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<u>Mdsx Avg 1.05 -0.36 5.13 202.06 0.95 -0.52 5.38 211.60</u></div>
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<u>Hensall 1.07 5.15 202.71 0.97 5.39 212.26</u></div>
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<u>Bruce 1.05 5.13 202.06 0.95 5.38 211.60</u></div>
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<u>Putnam 1.05 5.13 202.06 0.95 5.38 211.60</u></div>
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<u>Guelph 1.00 5.08 200.09 1.00 5.43 213.57</u></div>
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<u>Burford 1.05 5.13 202.06 0.95 5.38 211.60</u></div>
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<u>Port Perry 0.80 4.88 192.22 0.80 5.23 205.70</u></div>
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<u>Norfolk 1.05 5.13 202.06 0.95 5.38 211.60</u></div>
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<u>Palmerston 1.00 5.08 200.09 0.95 5.38 211.60</u></div>
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<u>Varna 1.05 5.13 202.06 0.95 5.38 211.60</u></div>
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<u>Belmore 1.00 5.08 200.09 0.95 5.38 211.60</u></div>
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<u>Trenton 0.80 4.88 192.22 0.80 5.23 205.70</u></div>
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<u>Winchester 1.05 5.13 202.06 1.20 5.63 221.45</u></div>
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<u>North Gower 1.05 5.13 202.06 1.00 5.43 213.57</u></div>
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<u>Vankleek Hil 1.30 5.38 211.90 0.95 5.38 211.60</u></div>
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<u>Huron FOB 1.00 1.00 1.18 1.25 5.08 200.09N/A</u></div>
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<u>Kent FOB 1.15 5.23 205.99 1.00 5.43 213.57</u></div>
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<u>Lamb FOB 1.10 5.18 204.03 1.00 5.43 213.57</u></div>
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<u>Mdsx FOB 1.15 1.15 1.25 1.30 5.23 205.99 0.95 5.38 211.60</u></div>
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<u>FOB SW Que 1.58 5.66 222.92N/A</u></div>
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<u>Track 1.63 5.72 225.02N/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 5.75 226.17</u></div>
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<u>Jhnstwn-Eth N/A N/A N/A N/A 1.50 5.93 233.26</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 5.88 231.29</u></div>
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<u>Cardnl-Ing N/A N/A N/A N/A 1.50 5.93 233.26</u></div>
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<u>W O Feed 1.58 5.66 222.73</u></div>
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<u>max 3.0 ppm</u></div>
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<u>US Rep 1.82 5.90 232.37</u></div>
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<u>Toledo El. -0.48 3.60 141.74 -0.55 3.87 152.52</u></div>
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<u>TRANSFER</u></div>
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<u>Pt. Colb 1.50 5.58 219.77 1.25 5.68 223.41</u></div>
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<u>Prescott 1.53 5.61 220.95N/A</u></div>
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<u>HI SD CRN 1.05 5.13 1/4</u></div>
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<u>*Wet Bid</u></div>
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<u>Exchange rate was 1.3773 up 0.0038</u></div>
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<u>Chicago soybeans closed slightly lower.</u></div>
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<u> NOV24 HI 10.08 1/2 NOV25 HI 10.57 3/4</u></div>
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<u> LOW 9.95 1/2 LOW 10.46 1/4</u></div>
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<u> CLOSE9.96 Down 9 1/2 CLOSE 10.47 Down 8 3/4</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 2.75 12.71 467.01 2.75 13.22 485.75</u></div>
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<u>CK High 2.90 12.86 472.52 2.85 13.32 489.43</u></div>
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<u>CK Average 2.81 -0.69 12.77 469.08 2.78 -0.85 13.25 486.72</u></div>
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<u>Essex Cty 2.75 12.71 467.01 2.80 13.27 487.59</u></div>
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<u>Mdsx Low 2.78 12.74 468.11 2.74 13.21 485.38</u></div>
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<u>Mdsx High 2.85 12.81 470.69 2.90 13.37 491.26</u></div>
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<u>Mdsx Average2.81 -0.69 12.77 469.07 2.80 -0.84 13.27 487.52</u></div>
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<u>Hensall 2.80 12.76 468.85 2.73 13.20 485.14</u></div>
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<u>Bruce 2.80 12.76 468.85 2.75 13.22 485.75</u></div>
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<u>Putnam 2.85 12.81 470.69 2.90 13.37 491.26</u></div>
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<u>Guelph 2.82 12.78 469.58 2.72 13.19 484.65</u></div>
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<u>Burford 2.84 12.80 470.32 2.80 13.27 487.59</u></div>
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<u>Port Perry 2.65 12.61 463.34 2.61 13.08 480.61</u></div>
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<u>Norfolk 2.85 12.81 470.69 2.80 13.27 487.59</u></div>
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<u>Palmerston 2.80 12.76 468.85 2.75 13.22 485.75</u></div>
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<u>Varna 2.80 12.76 468.85 2.75 13.22 485.75</u></div>
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<u>Trenton 2.65 12.61 463.34 2.80 13.27 487.59</u></div>
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<u>Winchester 2.70 12.66 465.18 3.00 13.47 494.94</u></div>
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<u>North Gower 2.55 12.51 459.66 2.55 13.02 478.40</u></div>
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<u>Vankleek Hil2.91 12.87 472.89 2.78 13.25 486.85</u></div>
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<u>Huron FOB 2.80 2.80 2.95 3.02 12.76 468.85 N/A</u></div>
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<u>Kent FOB 2.80 12.76 468.85 2.75 13.22 485.75</u></div>
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<u>Lambton FOB 2.85 12.81 470.69 2.75 13.22 485.75</u></div>
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<u>Mdsx FOB 2.90 2.97 2.96 3.03 12.86 472.52 3.01 13.48 495.31</u></div>
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<u>PROCESSORS</u></div>
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<u>Windsor 3.16 13.12 482.08 3.24 13.71 503.76</u></div>
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<u>TRANSFER</u></div>
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<u>Hamilton 3.35 13.31 489.06 3.20 13.67 502.29</u></div>
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<u>Prescott 3.18 13.14 482.81 N/A</u></div>
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<u>Port Colborn3.44 13.40 492.37 3.41 13.88 510.00</u></div>
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<u>Toledo El. -0.69 9.27 340.66 -0.76 9.71 356.87</u></div>
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<u>Exchange rate was 1.3773 up 0.0038</u></div>
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<u>Chicago wheat closed lower.</u></div>
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<u>DEC24 HI 6.01 JUL25 HI 6.40 3/4</u></div>
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<u> LOW 5.84 1/4 LOW 6.24</u></div>
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<u> CLOSE 5.85 1/4 Down 13 3/4 CLOSE 6.24 3/4 Down 14 3/4</u></div>
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<u>Minni wheat closed lower.</u></div>
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<u>DEC24 HI 6.44 3/4 SEP25 HI 6.82 1/4</u></div>
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<u> LOW 6.25 3/4 LOW 6.69 1/2</u></div>
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<u> CLOSE 6.26 1/2 Down 17 1/4 CLOSE 6.69 1/2 Down 16</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 1.84 1.70 0.75 N/A 1.99 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 1.84 1.70 0.75 1.16 1.99 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 1.51</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 2.00 N/A N/A N/A 2.15 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. 5.60US 7.72CA 6.00US 8.26CA</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 526.14</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>DDG's FOB Aylm 218.00</u></div>
<div style="font-family: Calibri, Arial, Helvetica, sans-serif; font-size: 12pt; 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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