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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, October 29</u></div>
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<u>(All Bases in CAD)</u></div>
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<u>Exchange rate was 1.3897 up 0.0024</u></div>
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<u>Chicago corn closed slightly higher.</u></div>
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<u> DEC24 HI 4.14 3/4 DEC25 HI 4.41</u></div>
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<u> LOW 4.10 LOW 4.38 1/4</u></div>
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<u> CLOSE4.13 3/4 Up 3 CLOSE 4.39 3/4 Up 1/4</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 1.00 5.14 202.25 0.95 5.35 210.52</u></div>
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<u>CK High 1.05 5.19 204.22 0.95 5.35 210.52</u></div>
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<u>CK Avg 1.04 -0.41 5.18 203.98 0.95 -0.55 5.35 210.52</u></div>
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<u>Essex Cty 1.05 5.19 204.22 0.95 5.35 210.52</u></div>
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<u>Mdsx Low 1.00 5.14 202.25 0.95 5.35 210.52</u></div>
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<u>Mdsx High 1.05 5.19 204.22 0.95 5.35 210.52</u></div>
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<u>Mdsx Avg 1.04 -0.41 5.18 203.83 0.95 -0.55 5.35 210.52</u></div>
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<u>Hensall 1.07 5.20 204.88 0.97 5.36 211.18</u></div>
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<u>Bruce 1.10 5.24 206.19 0.95 5.35 210.52</u></div>
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<u>Putnam 1.05 5.19 204.22 0.95 5.35 210.52</u></div>
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<u>Guelph 1.00 5.14 202.25 1.00 5.40 212.49</u></div>
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<u>Burford 1.00 5.14 202.25 0.95 5.35 210.52</u></div>
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<u>Port Perry 0.80 4.94 194.38 0.85 5.25 206.58</u></div>
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<u>Norfolk 1.05 5.19 204.22 0.95 5.35 210.52</u></div>
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<u>Palmerston 1.05 5.19 204.22 0.95 5.35 210.52</u></div>
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<u>Varna 1.05 5.19 204.22 0.95 5.35 210.52</u></div>
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<u>Belmore 1.05 5.19 204.22 0.95 5.35 210.52</u></div>
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<u>Trenton 0.80 4.94 194.38 0.85 5.25 206.58</u></div>
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<u>Winchester 1.10 5.24 206.19 1.14 5.54 218.00</u></div>
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<u>North Gower 1.05 5.19 204.22 1.00 5.40 212.49</u></div>
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<u>Vankleek Hil 1.16 5.30 208.55 0.87 5.27 207.37</u></div>
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<u>Huron FOB N/A N/A 1.12 1.23 N/A</u></div>
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<u>Kent FOB 1.20 5.34 210.13 1.00 5.40 212.49</u></div>
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<u>Lamb FOB 1.05 5.19 204.22 1.00 5.40 212.49</u></div>
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<u>Mdsx FOB 1.10 1.10 1.25 1.35 5.24 206.19 1.00 5.40 212.49</u></div>
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<u>FOB SW Que 1.42 5.56 218.79N/A</u></div>
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<u>Track 1.63 5.77 227.19N/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 1.29 5.69 223.91</u></div>
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<u>Jhnstwn-Eth N/A N/A N/A N/A 1.50 5.90 232.17</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 5.85 230.21</u></div>
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<u>Cardnl-Ing N/A N/A N/A N/A 1.50 5.90 232.17</u></div>
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<u>W O Feed 1.61 5.75 226.27</u></div>
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<u>max 3.0 ppm</u></div>
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<u>US Rep 1.68 5.82 229.02</u></div>
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<u>Toledo El. -0.53 3.61 142.10 -0.56 3.84 151.24</u></div>
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<u>TRANSFER</u></div>
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<u>Pt. Colb 1.40 5.54 218.00 1.30 5.70 224.30</u></div>
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<u>Prescott 1.32 5.46 214.85N/A</u></div>
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<u>HI SD CRN 1.05 5.18 3/4</u></div>
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<u>*Wet Bid</u></div>
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<u>Exchange rate was 1.3897 up 0.0024</u></div>
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<u>Chicago soybeans closed slightly lower.</u></div>
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<u> JAN25 HI 9.91 1/2 NOV25 HI 10.25 1/2</u></div>
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<u> LOW 9.78 1/2 LOW 10.16 3/4</u></div>
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<u> CLOSE9.79 Down 7 CLOSE 10.17 1/4 Down 4 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 +JAN25+JAN25+JAN25</u></div>
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<u>CK Low 2.55 12.34 453.42 2.75 12.92 474.82</u></div>
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<u>CK High 2.60 12.39 455.25 2.85 13.02 478.49</u></div>
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<u>CK Average 2.58 -0.89 12.37 454.43 2.77 -0.86 12.94 475.60</u></div>
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<u>Essex Cty 2.55 12.34 453.42 2.75 12.92 474.82</u></div>
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<u>Mdsx Low 2.55 12.34 453.42 2.75 12.92 474.82</u></div>
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<u>Mdsx High 2.60 12.39 455.25 2.85 13.02 478.49</u></div>
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<u>Mdsx Average2.58 -0.89 12.37 454.52 2.78 -0.85 12.95 475.92</u></div>
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<u>Hensall 2.58 12.37 454.64 2.75 12.92 474.82</u></div>
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<u>Bruce 2.60 12.39 455.25 2.75 12.92 474.82</u></div>
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<u>Putnam 2.60 12.39 455.25 2.85 13.02 478.49</u></div>
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<u>Guelph 2.70 12.49 458.93 2.72 12.89 473.72</u></div>
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<u>Burford 2.61 12.40 455.62 2.81 12.98 477.03</u></div>
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<u>Port Perry 2.42 12.21 448.64 2.62 12.79 470.04</u></div>
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<u>Norfolk 2.60 12.39 455.25 2.75 12.92 474.82</u></div>
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<u>Palmerston 2.60 12.39 455.25 2.75 12.92 474.82</u></div>
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<u>Varna 2.60 12.39 455.25 2.75 12.92 474.82</u></div>
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<u>Trenton 2.41 12.20 448.27 2.60 12.77 469.31</u></div>
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<u>Winchester 2.54 12.33 453.05 2.68 12.85 472.25</u></div>
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<u>North Gower 2.41 12.20 448.27 2.55 12.72 467.47</u></div>
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<u>Vankleek Hil2.49 12.28 451.21 2.62 12.79 470.04</u></div>
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<u>Huron FOB N/A 2.65 2.92 2.98 N/A</u></div>
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<u>Kent FOB 2.55 12.34 453.42 2.75 12.92 474.82</u></div>
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<u>Lambton FOB 2.56 12.35 453.78 2.75 12.92 474.82</u></div>
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<u>Mdsx FOB 2.79 2.86 2.97 3.04 12.58 462.24 3.05 13.22 485.84</u></div>
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<u>PROCESSORS</u></div>
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<u>Windsor 2.95 12.74 468.11 3.25 13.42 493.19</u></div>
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<u>TRANSFER</u></div>
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<u>Hamilton 3.20 12.99 477.30 3.25 13.42 493.19</u></div>
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<u>Prescott N/A N/A</u></div>
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<u>Port Colborn3.23 13.02 478.40 3.42 13.59 499.44</u></div>
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<u>Toledo El. -0.68 9.11 334.70 -0.76 9.41 345.69</u></div>
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<u>Exchange rate was 1.3897 up 0.0024</u></div>
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<u>Chicago wheat closed moderately higher.</u></div>
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<u>DEC24 HI 5.72 3/4 JUL25 HI 6.09 1/2</u></div>
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<u> LOW 5.58 LOW 5.97 3/4</u></div>
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<u> CLOSE 5.70 1/2 Up 11 3/4 CLOSE 6.07 1/4 Up 9 1/2</u></div>
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<u>Minni wheat closed moderately higher.</u></div>
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<u>DEC24 HI 6.10 3/4 SEP25 HI 6.61 1/4</u></div>
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<u> LOW 5.95 LOW 6.49</u></div>
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<u> CLOSE 6.06 1/2 Up 11 1/4 CLOSE 6.58 3/4 Up 11</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 1.10 N/A</u></div>
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<u>London 1.78 1.64 0.76 N/A 1.92 1.83 1.09 N/A</u></div>
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<u>Hensall 1.70 1.70 0.80 1.20 1.80 1.95 1.10 1.30</u></div>
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<u>Trenton N/A N/A N/A N/A N/A N/A 1.10 N/A</u></div>
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<u>Bruce 1.65 1.65 0.85 0.85 1.80 1.90 1.10 1.10</u></div>
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<u>Essex N/A N/A 0.75 N/A N/A N/A 1.10 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Norwich 1.80 N/A 0.80 N/A 1.95 N/A 1.10 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 0.80 0.85 N/A 1.55 1.10 N/A</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>Kent Bridge 1.80 N/A 0.80 N/A 1.95 N/A 1.10 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 0.75 N/A N/A N/A 1.10 N/A</u></div>
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<u>Brigden N/A N/A 0.75 N/A N/A N/A 1.10 N/A</u></div>
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<u>Palmerston 1.20 1.40 0.80 0.85 N/A 1.55 1.10 N/A</u></div>
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<u>Varna 1.70 1.70 0.80 N/A 1.80 2.20 1.10 N/A</u></div>
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<u>Mitchell 1.80 1.75 0.80 N/A 1.95 2.00 1.10 N/A</u></div>
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<u>Thornton 1.78 1.64 0.76 1.08 1.92 1.83 1.09 N/A</u></div>
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<u>North Gower N/A 0.60 0.80 0.62 N/A 0.95 1.25 0.62</u></div>
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<u>W O Feed 1.52</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 1.35 N/A N/A N/A 1.57 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 2.01 N/A N/A N/A 2.16 N/A</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>Toledo El. 5.46US 7.58CA 5.82US 8.09CA</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>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>FOB Hm Soymeal 525.59</u></div>
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>DDG's FOB Aylm 215.00</u></div>
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<u><br>
</u></div>
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<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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