FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, October 20

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, October 20 Exchange rate was 1.3116 down 0.0054 Chicago soybeans closed slightly higher. NOV20 HI 10.65 3/4 NOV21 HI 9.79 1/2 LOW 10.51 1/4 LOW 9.70 1/4 CLOSE10.64 Up 9 3/4 CLOSE 9.79 1/4 Up 6 1/4 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 13.39 492.00 2.44 12.23 449.47 CK High 2.81 13.45 494.20 2.45 12.24 449.83 CK Average 2.79 -0.40 13.43 493.59 2.45 -0.44 12.24 449.77 Essex Cty 2.70 13.34 490.16 2.45 12.24 449.83 Mdsx Low 2.80 13.44 493.84 2.45 12.24 449.83 Mdsx High 2.82 13.46 494.57 2.45 12.24 449.83 Mdsx Average2.81 -0.39 13.45 494.20 2.45 -0.44 12.24 449.83 Hensall 2.87 13.51 496.29 2.48 12.28 451.06 Bruce 2.85 13.49 495.67 2.50 12.29 451.67 Putnam 2.80 13.44 493.84 2.45 12.24 449.83 Burford 2.89 13.53 497.14 2.52 12.31 452.41 Port Perry 2.81 13.45 494.20 2.44 12.23 449.47 Norfolk 2.80 13.44 493.84 2.45 12.24 449.83 Palmerston 2.82 13.46 494.57 2.52 12.31 452.41 Varna 2.90 13.54 497.51 2.50 12.29 451.67 Trenton 2.80 13.44 493.84 2.45 12.24 449.83 Winchester 3.00 13.64 501.18 2.63 12.42 456.45 North Gower 2.88 13.52 496.77 2.54 12.33 453.14 Vankleek Hil2.86 13.50 496.04 2.41 12.20 448.37 Huron FOB 3.03 3.16 3.16 2.90 13.67 502.29 N/A Kent FOB 2.80 13.44 493.84 2.45 12.24 449.83 Lambton FOB 2.90 13.54 497.51 2.40 12.19 448.00 Mdsx FOB 2.98 3.17 3.11 2.97 13.62 500.45 2.57 12.36 454.24 PROCESSORS Windsor 2.98 13.62 500.45 2.56 12.35 453.88 TRANSFER Hamilton 3.25 13.89 510.37 2.85 12.64 464.53 Prescott 3.12 13.76 505.59 2.80 12.59 462.70 Port Colborn3.45 14.09 517.72 N/A Toledo El. -0.16 10.48 385.17 -0.46 9.33 342.97 Exchange rate was 1.3116 down 0.0054 Chicago wheat closed slightly to moderately higher. DEC20 HI 6.38 1/4 JUL21 HI 6.20 LOW 6.23 1/2 LOW 6.08 CLOSE 6.32 Up 5 CLOSE 6.18 1/2 Up 7 3/4 Minni wheat closed moderately higher. DEC20 HI 5.78 3/4 SEP21 HI 5.95 1/4 LOW 5.67 1/2 LOW 5.86 1/2 CLOSE 5.77 3/4 Up 8 1/2 CLOSE 5.95 1/4 Up 7 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.51 1.71 1.51 1.34 CAD $/bu 7.83 8.03 7.83 7.12 CAD $/tonne 287.70 294.93 287.70 261.56 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 1.15 N/A London 1.35 1.42 1.15 N/A 1.62 1.62 1.20 N/A Hensall 1.35 N/A 1.10 N/A 1.40 N/A 1.15 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 1.25 1.25 1.35 1.15 1.05 Essex N/A N/A 1.10 N/A N/A N/A 1.15 N/A Norwich 1.35 N/A 1.10 N/A 1.40 N/A 1.15 N/A Port Hope N/A N/A 1.10 N/A N/A N/A 1.15 N/A Kent Bridge 1.35 N/A 1.10 N/A 1.40 N/A 1.15 N/A Chatham N/A N/A 1.10 N/A N/A N/A 1.15 N/A Brigden N/A N/A 1.10 N/A N/A N/A 1.20 N/A Palmerston N/A 1.64 1.24 1.21 N/A 1.59 1.26 0.97 Varna 1.15 1.30 1.10 N/A 1.35 1.40 1.15 N/A Mitchell 1.35 1.40 1.10 N/A 1.40 1.45 1.15 N/A Thornton N/A N/A N/A 1.76 N/A N/A N/A N/A North Gower N/A 1.35 1.20 0.95 N/A 1.67 1.41 0.90 W O Feed 1.78 TERMINAL Port Colbor N/A N/A 1.75 N/A N/A N/A 1.59 N/A PROCESSORS Toledo FM N/A N/A 1.97 N/A N/A N/A 2.04 N/A Toledo El. 6.12US 8.03CA 6.14US 8.03CA GFO Contract Wheat Prices - DEL Terminal Harvest 21 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.64 1.77 1.47 1.06 CAD $/bu 7.82 7.95 7.65 7.01 CAD $/tonne 287.47 292.28 281.22 257.52 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 580.82 DDG's FOB Srn & Aylm 250.00 - 275.00