FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, October 23

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, October 23 Exchange rate was 1.3073 down 0.0010 Chicago soybeans closed slightly lower to steady. NOV19 HI 9.39 NOV20 HI 9.76 3/4 LOW 9.27 3/4 LOW 9.68 1/2 CLOSE9.33 3/4 Down 1/4 CLOSE 9.72 1/4 Down 1 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +NOV1+JAN2+JAN20 CK Low 2.06 11.40 418.792.01 11.73 431.10 CK High 2.10 11.44 420.262.10 11.82 434.40 CK Average 2.09 -0.5911.43 420.012.05 -0.7311.77 432.63 Essex Cty 2.10 11.44 420.262.05 11.77 432.57 Mdsx Low 2.09 11.43 419.891.99 11.71 430.36 Mdsx High 2.10 11.44 420.262.05 11.77 432.57 Mdsx Average 2.10 -0.5911.43 420.072.02 -0.7511.74 431.46 Hensall 2.10 11.44 420.262.05 11.77 432.57 Bruce 2.10 11.44 420.262.05 11.77 432.57 Putnam 2.10 11.44 420.262.05 11.77 432.57 Burford 2.11 11.45 420.622.06 11.78 432.93 Port Perry 2.06 11.40 418.792.01 11.73 431.10 Norfolk 2.10 11.44 420.262.05 11.77 432.57 Palmerston 2.12 11.46 420.992.10 11.82 434.40 Varna 2.10 11.44 420.262.05 11.77 432.57 Trenton 2.10 11.44 420.262.05 11.77 432.57 Winchester 2.15 11.49 422.092.10 11.82 434.40 North Gower 2.17 11.51 422.832.09 11.81 434.04 Huron FOB 2.20 11.54 423.932.15 11.87 436.24 Kent FOB 2.10 11.44 420.262.05 11.77 432.57 Lambton FOB 2.25 11.59 425.772.15 11.87 436.24 Middlesex FOB2.20 2.20 N/A N/A 11.54 423.932.05 11.77 432.57 PROCESSORS Windsor 2.41 11.75 431.652.40 12.12 445.43 TRANSFER Hamilton 2.55 11.89 436.792.50 12.22 449.10 Prescott 2.35 11.69 429.44 N/A Port Colborne2.61 11.95 439.00 N/A Toledo El. -0.24 9.10 334.45-0.46 9.26 340.41 Exchange rate was 1.3073 down 0.0010 Chicago wheat closed slightly higher. DEC19 HI 5.23 3/4 JUL20 HI 5.37 1/4 LOW 5.15 3/4 LOW 5.30 3/4 CLOSE 5.20 3/4 Up 2 3/4 CLOSE 5.34 1/2 Up 1 Minni wheat closed slightly higher. DEC19 HI 5.45 SEP20 HI 5.78 1/4 LOW 5.34 LOW 5.74 3/4 CLOSE 5.42 1/4 Up 3 1/4 CLOSE 5.78 1/4 Up 2 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 2.06 2.25 1.93 1.27 CAD $/bu 7.27 7.46 7.13 6.70 CAD $/tonne 266.95 274.15 262.15 246.05 Direct MarkHarvest 2019 Harvest 2020 DELIVERED BASIS DELIVERED BASIS Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M) ELEVATORS Brgssvll N/A N/A 1.65 N/A N/A N/A 1.20 N/A London 1.71 1.97 1.58 N/A 1.30 1.56 1.17 N/A Hensall 1.75 N/A 1.65 N/A 1.40 N/A 1.20 N/A Trenton N/A N/A N/A N/A N/A N/A 1.25 N/A Bruce 1.75 2.00 1.60 1.50 1.40 1.60 1.20 1.05 Essex N/A N/A 1.60 N/A N/A N/A 1.15 N/A Norwich 1.75 N/A 1.65 N/A 1.40 N/A 1.20 N/A Port Hope N/A N/A 1.65 N/A N/A N/A 1.30 N/A Kent Bridge 1.75 N/A 1.65 N/A 1.40 N/A 1.20 N/A Chatham N/A N/A 1.60 N/A N/A N/A 1.15 N/A Brigden N/A N/A 1.60 N/A N/A N/A 1.15 N/A Palmerston N/A N/A 1.60 1.27 N/A N/A 1.22 0.94 Varna 1.75 2.05 1.65 N/A 1.40 1.60 1.20 N/A Mitchell 1.75 1.95 1.65 N/A 1.40 1.60 1.20 N/A Thornton N/A N/A N/A 1.45 N/A N/A N/A N/A North Gower N/A 1.75 1.55 0.95 N/A 1.77 1.47 0.95 W O Feed 2.23 TERMINAL Port Colbor 2.05 2.31 1.99 N/A N/A N/A N/A N/A PROCESSORS Toledo FM N/A N/A 2.12 N/A N/A N/A N/A N/A Toledo El. 5.39US 7.04CA 5.35US 7.00CA GFO Contract Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.59 1.85 1.52 1.00 CAD $/bu 6.93 7.19 6.86 6.78 CAD $/tonne 254.64 264.26 252.24 249.23 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 522.06 DDG's FOB Srn & Aylm 225.00