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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, October 15</u></div>
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<u>(All Bases in CAD)</u></div>
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<u>Exchange rate was 1.3771 down 0.0002</u></div>
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<u>Chicago corn closed moderately lower.</u></div>
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<u> DEC24 HI 4.08 DEC25 HI 4.42 1/2</u></div>
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<u> LOW 4.00 1/2 LOW 4.36 1/2</u></div>
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<u> CLOSE4.01 1/4 Down 7 CLOSE 4.37 Down 5 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 5.06 199.30 0.95 5.32 209.44</u></div>
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<u>CK High 1.05 5.06 199.30 0.95 5.32 209.44</u></div>
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<u>CK Avg 1.05 -0.34 5.06 199.30 0.95 -0.51 5.32 209.44</u></div>
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<u>Essex Cty 1.05 5.06 199.30 0.95 5.32 209.44</u></div>
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<u>Mdsx Low 1.05 5.06 199.30 0.95 5.32 209.44</u></div>
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<u>Mdsx High 1.05 5.06 199.30 0.95 5.32 209.44</u></div>
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<u>Mdsx Avg 1.05 -0.34 5.06 199.30 0.95 -0.51 5.32 209.44</u></div>
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<u>Hensall 1.07 5.08 199.96 0.97 5.34 210.10</u></div>
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<u>Bruce 1.05 5.06 199.30 0.95 5.32 209.44</u></div>
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<u>Putnam 1.05 5.06 199.30 0.95 5.32 209.44</u></div>
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<u>Guelph 1.00 5.01 197.33 1.00 5.37 211.41</u></div>
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<u>Burford 1.05 5.06 199.30 0.95 5.32 209.44</u></div>
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<u>Port Perry 0.80 4.81 189.46 0.80 5.17 203.53</u></div>
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<u>Norfolk 1.05 5.06 199.30 0.95 5.32 209.44</u></div>
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<u>Palmerston 1.00 5.01 197.33 0.95 5.32 209.44</u></div>
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<u>Varna 1.05 5.06 199.30 0.95 5.32 209.44</u></div>
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<u>Belmore 1.00 5.01 197.33 0.95 5.32 209.44</u></div>
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<u>Trenton 0.80 4.81 189.46 0.80 5.17 203.53</u></div>
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<u>Winchester 1.05 5.06 199.30 1.20 5.57 219.28</u></div>
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<u>North Gower 1.05 5.06 199.30 1.00 5.37 211.41</u></div>
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<u>Vankleek Hil 1.17 5.18 204.03 0.82 5.19 204.32</u></div>
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<u>Huron FOB 1.00 1.00 1.14 1.21 5.01 197.33N/A</u></div>
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<u>Kent FOB 1.20 5.21 205.21 1.00 5.37 211.41</u></div>
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<u>Lamb FOB 1.10 5.11 201.27 1.00 5.37 211.41</u></div>
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<u>Mdsx FOB 1.15 1.15 1.25 1.30 5.16 203.24 0.95 5.32 209.44</u></div>
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<u>FOB SW Que 1.55 5.56 218.99N/A</u></div>
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<u>Track 1.49 5.50 216.43N/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 5.69 224.01</u></div>
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<u>Jhnstwn-Eth N/A N/A N/A N/A 1.50 5.87 231.09</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 5.82 229.12</u></div>
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<u>Cardnl-Ing N/A N/A N/A N/A 1.50 5.87 231.09</u></div>
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<u>W O Feed 1.45 5.46 215.05</u></div>
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<u>max 3.0 ppm</u></div>
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<u>US Rep 1.59 5.60 220.56</u></div>
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<u>Toledo El. -0.48 3.53 138.99 -0.55 3.82 150.35</u></div>
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<u>TRANSFER</u></div>
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<u>Pt. Colb 1.50 5.51 217.02 1.25 5.62 221.25</u></div>
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<u>Prescott 1.40 5.41 213.08N/A</u></div>
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<u>HI SD CRN 1.05 5.06 1/4</u></div>
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<u>*Wet Bid</u></div>
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<u>Exchange rate was 1.3771 down 0.0002</u></div>
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<u>Chicago soybeans closed slightly lower.</u></div>
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<u> NOV24 HI 9.96 NOV25 HI 10.46 1/4</u></div>
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<u> LOW 9.81 LOW 10.32 3/4</u></div>
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<u> CLOSE9.91 Down 5 CLOSE 10.35 3/4 Down 11 1/4</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 12.66 465.18 2.70 13.06 479.78</u></div>
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<u>CK High 2.80 12.71 467.01 2.80 13.16 483.46</u></div>
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<u>CK Average 2.77 -0.70 12.68 465.86 2.75 -0.84 13.11 481.57</u></div>
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<u>Essex Cty 2.75 12.66 465.18 2.75 13.11 481.62</u></div>
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<u>Mdsx Low 2.75 12.66 465.18 2.70 13.06 479.78</u></div>
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<u>Mdsx High 2.78 12.69 466.28 2.85 13.21 485.29</u></div>
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<u>Mdsx Average2.76 -0.71 12.67 465.40 2.75 -0.84 13.11 481.77</u></div>
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<u>Hensall 2.78 12.69 466.40 2.73 13.09 481.01</u></div>
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<u>Bruce 2.80 12.71 467.01 2.75 13.11 481.62</u></div>
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<u>Putnam 2.75 12.66 465.18 2.85 13.21 485.29</u></div>
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<u>Guelph 2.82 12.73 467.75 2.72 13.08 480.52</u></div>
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<u>Burford 2.84 12.75 468.48 2.78 13.14 482.72</u></div>
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<u>Port Perry 2.65 12.56 461.50 2.59 12.95 475.74</u></div>
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<u>Norfolk 2.80 12.71 467.01 2.75 13.11 481.62</u></div>
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<u>Palmerston 2.80 12.71 467.01 2.75 13.11 481.62</u></div>
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<u>Varna 2.80 12.71 467.01 2.75 13.11 481.62</u></div>
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<u>Trenton 2.65 12.56 461.50 2.70 13.06 479.78</u></div>
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<u>Winchester 2.70 12.61 463.34 3.00 13.36 490.80</u></div>
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<u>North Gower 2.55 12.46 457.83 2.55 12.91 474.27</u></div>
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<u>Vankleek Hil2.71 12.62 463.71 2.55 12.91 474.27</u></div>
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<u>Huron FOB 2.80 2.80 2.86 2.93 12.71 467.01 N/A</u></div>
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<u>Kent FOB 2.75 12.66 465.18 2.70 13.06 479.78</u></div>
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<u>Lambton FOB 2.80 12.71 467.01 2.75 13.11 481.62</u></div>
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<u>Mdsx FOB 2.86 2.93 2.92 2.99 12.77 469.22 2.99 13.35 490.44</u></div>
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<u>PROCESSORS</u></div>
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<u>Windsor 3.14 13.05 479.51 3.21 13.57 498.52</u></div>
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<u>TRANSFER</u></div>
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<u>Hamilton 3.30 13.21 485.38 3.15 13.51 496.32</u></div>
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<u>Prescott 2.98 12.89 473.63 N/A</u></div>
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<u>Port Colborn3.40 13.31 489.06 3.39 13.75 505.13</u></div>
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<u>Toledo El. -0.69 9.22 338.83 -0.76 9.60 352.74</u></div>
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<u>Exchange rate was 1.3771 down 0.0002</u></div>
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<u>Chicago wheat closed slightly to moderately lower.</u></div>
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<u>DEC24 HI 5.86 3/4 JUL25 HI 6.26 1/2</u></div>
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<u> LOW 5.78 LOW 6.15 1/2</u></div>
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<u> CLOSE 5.79 1/2 Down 5 3/4 CLOSE 6.16 1/2 Down 8 1/4</u></div>
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<u>Minni wheat closed moderately lower.</u></div>
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<u>DEC24 HI 6.28 SEP25 HI 6.68</u></div>
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<u> LOW 6.16 LOW 6.61 3/4</u></div>
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<u> CLOSE 6.16 1/4 Down 10 1/4 CLOSE 6.61 3/4 Down 7 3/4</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 1.80 1.66 0.75 N/A 1.95 1.85 1.05 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 1.80 1.66 0.75 1.13 1.95 1.85 1.05 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 1.48</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 1.38 N/A N/A N/A 1.60 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 1.98 N/A N/A N/A 2.12 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. 5.55US 7.64CA 5.92US 8.15CA</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><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 522.28</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 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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