FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, October 8

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, October 8 Exchange rate was 1.32 down 0.0071 Chicago soybeans closed slightly lower. NOV20 HI 10.69 NOV21 HI 9.71 1/2 LOW 10.48 1/2 LOW 9.58 CLOSE10.50 Down 1 CLOSE 9.60 1/2 Down 6 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV20+JAN21+JAN21 CK Low 2.75 13.25 486.85 2.37 11.98 440.01 CK High 2.77 13.27 487.59 2.50 12.11 444.78 CK Average 2.75 -0.46 13.25 486.98 2.46 -0.47 12.07 443.37 Essex Cty 2.75 13.25 486.85 2.50 12.11 444.78 Mdsx Low 2.75 13.25 486.85 2.41 12.02 441.48 Mdsx High 2.79 13.29 488.32 2.45 12.06 442.95 Mdsx Average2.77 -0.45 13.27 487.59 2.43 -0.49 12.04 442.21 Hensall 2.75 13.25 486.85 2.45 12.06 442.95 Bruce 2.75 13.25 486.85 2.45 12.06 442.95 Putnam 2.75 13.25 486.85 2.45 12.06 442.95 Burford 2.86 13.36 490.90 2.48 12.09 444.05 Port Perry 2.78 13.28 487.96 2.40 12.01 441.11 Norfolk 2.75 13.25 486.85 2.50 12.11 444.78 Palmerston 2.69 13.19 484.65 2.38 11.99 440.37 Varna 2.75 13.25 486.85 2.45 12.06 442.95 Trenton 2.75 13.25 486.85 2.45 12.06 442.95 Winchester 3.09 13.59 499.35 2.68 12.29 451.40 North Gower 2.92 13.42 493.10 2.64 12.25 449.93 Vankleek Hil2.85 13.35 490.53 2.52 12.13 445.52 Huron FOB 2.98 3.18 N/A N/A 13.48 495.31 N/A Kent FOB 2.75 13.25 486.85 2.50 12.11 444.78 Lambton FOB 3.00 13.50 496.04 2.45 12.06 442.95 Mdsx FOB 2.98 3.24 3.18 3.04 13.48 495.31 2.60 12.21 448.46 PROCESSORS Windsor 3.06 13.56 498.24 2.61 12.22 448.82 TRANSFER Hamilton 3.25 13.75 505.23 2.90 12.51 459.48 Prescott 3.18 13.68 502.65 2.81 12.42 456.17 Port Colborn3.52 14.02 515.15 N/A Toledo El. -0.24 10.26 377.08 -0.46 9.14 335.94 Exchange rate was 1.32 down 0.0071 Chicago wheat closed moderately lower to lower. DEC20 HI 6.16 3/4 JUL21 HI 6.09 LOW 5.93 1/4 LOW 5.92 CLOSE 5.95 1/4 Down 12 1/4 CLOSE 5.93 1/2 Down 12 Minni wheat closed slightly to moderately lower. DEC20 HI 5.54 3/4 SEP21 HI 5.85 LOW 5.39 LOW 5.74 1/2 CLOSE 5.42 1/2 Down 6 3/4 CLOSE 5.79 1/4 Down 4 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.44 1.64 1.44 1.27 CAD $/bu 7.40 7.59 7.40 6.70 CAD $/tonne 271.74 279.02 271.74 246.15 Direct MarkHarvest 2020 Harvest 2021 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 1.10 N/A N/A N/A 1.20 N/A London 1.33 1.40 1.13 N/A 1.64 1.64 1.21 N/A Hensall 1.35 N/A 1.10 N/A 1.40 N/A 1.20 N/A Trenton N/A N/A N/A N/A N/A N/A 1.20 N/A Bruce 1.10 1.25 1.10 0.95 1.30 1.35 1.20 N/A Essex N/A N/A 1.05 N/A N/A N/A 1.15 N/A Norwich 1.35 N/A 1.10 N/A 1.40 N/A 1.20 N/A Port Hope N/A N/A 1.10 N/A N/A N/A 1.20 N/A Kent Bridge 1.35 N/A 1.10 N/A 1.40 N/A 1.20 N/A Chatham N/A N/A 1.05 N/A N/A N/A 1.15 N/A Brigden N/A N/A 1.05 N/A N/A N/A 1.20 N/A Palmerston N/A 1.58 1.18 1.14 N/A 1.59 1.26 0.93 Varna 1.15 1.30 1.10 N/A 1.35 1.40 1.20 N/A Mitchell 1.35 1.40 1.10 N/A 1.40 1.50 1.20 N/A Thornton N/A N/A N/A 1.73 N/A N/A N/A N/A North Gower N/A 1.35 1.25 0.95 N/A 1.74 1.49 0.90 W O Feed 1.69 TERMINAL Port Colbor N/A N/A 1.66 N/A N/A N/A 1.61 N/A PROCESSORS Toledo FM N/A N/A 1.91 N/A N/A N/A 2.03 N/A Toledo El. 5.85US 7.73CA 5.89US 7.77CA GFO Contract Wheat Prices - DEL Terminal Harvest 21 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.69 1.82 1.52 1.06 CAD $/bu 7.63 7.76 7.45 6.86 CAD $/tonne 280.20 285.05 273.89 251.94 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 561.75 DDG's FOB Srn & Aylm 250.00 - 260.00