FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, October 28

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, October 28 Exchange rate was 1.33 up 0.0143 Chicago soybeans closed slightly lower to lower. JAN21 HI 10.75 3/4 NOV21 HI 9.80 1/2 LOW 10.54 1/4 LOW 9.64 CLOSE10.54 3/4 Down 21 3/4 CLOSE 9.65 Down 13 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN21+JAN21+JAN21 CK Low 2.94 13.49 495.58 2.50 12.15 446.44 CK High 2.95 13.50 495.95 2.50 12.15 446.44 CK Average 2.95 -0.40 13.50 495.89 2.50 -0.51 12.15 446.44 Essex Cty 2.85 13.40 492.27 2.50 12.15 446.44 Mdsx Low 2.95 13.50 495.95 2.50 12.15 446.44 Mdsx High 3.00 13.55 497.79 2.51 12.16 446.80 Mdsx Average2.98 -0.38 13.52 496.87 2.51 -0.51 12.16 446.62 Hensall 3.00 13.55 497.79 2.50 12.15 446.44 Bruce 3.00 13.55 497.79 2.50 12.15 446.44 Putnam 3.00 13.55 497.79 2.50 12.15 446.44 Burford 3.02 13.57 498.52 2.58 12.23 449.38 Port Perry 2.94 13.49 495.58 2.50 12.15 446.44 Norfolk 3.00 13.55 497.79 2.50 12.15 446.44 Palmerston 2.96 13.51 496.32 2.50 12.15 446.44 Varna 2.87 13.42 493.01 2.50 12.15 446.44 Trenton 3.00 13.55 497.79 2.50 12.15 446.44 Winchester 3.10 13.65 501.46 2.64 12.29 451.58 North Gower 3.00 13.55 497.79 2.60 12.25 450.11 Vankleek Hil2.96 13.51 496.32 2.54 12.19 447.91 Huron FOB 3.29 3.29 3.29 N/A 13.84 508.44 N/A Kent FOB 2.95 13.50 495.95 2.50 12.15 446.44 Lambton FOB 3.10 13.65 501.46 2.55 12.20 448.27 Mdsx FOB 3.06 3.26 3.26 3.06 13.61 499.99 2.63 12.28 451.21 PROCESSORS Windsor 3.18 13.73 504.40 2.71 12.36 454.15 TRANSFER Hamilton 3.50 14.05 516.16 2.85 12.50 459.30 Prescott 3.23 13.78 506.24 2.79 12.44 457.09 Port Colborn3.54 14.09 517.63 N/A Toledo El. -0.04 10.51 386.09 -0.47 9.18 337.48 Exchange rate was 1.33 up 0.0143 Chicago wheat closed moderately lower. DEC20 HI 6.14 1/2 JUL21 HI 6.02 3/4 LOW 6.00 3/4 LOW 5.91 1/4 CLOSE 6.08 3/4 Down 7 CLOSE 5.97 3/4 Down 8 Minni wheat closed moderately lower. DEC20 HI 5.60 3/4 SEP21 HI 5.84 1/4 LOW 5.49 1/4 LOW 5.77 CLOSE 5.52 Down 9 1/2 CLOSE 5.80 1/4 Down 6 1/2 GFO Cash Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.54 1.74 1.54 1.36 CAD $/bu 7.63 7.83 7.63 6.88 CAD $/tonne 280.38 287.71 280.38 252.65 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 1.15 N/A N/A N/A 1.15 N/A London 1.32 1.38 1.12 N/A 1.62 1.62 1.15 N/A Hensall 1.35 N/A 1.15 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 1.35 1.35 1.15 1.40 1.30 1.35 1.15 1.25 Essex N/A N/A 1.15 N/A N/A N/A 1.15 N/A Norwich 1.35 N/A 1.15 N/A 1.40 N/A 1.15 N/A Port Hope N/A N/A 1.15 N/A N/A N/A 1.15 N/A Kent Bridge 1.35 N/A 1.15 N/A 1.40 N/A 1.15 N/A Chatham N/A N/A 1.15 N/A N/A N/A 1.15 N/A Brigden N/A N/A 1.15 N/A N/A N/A 1.20 N/A Palmerston N/A 1.41 1.15 1.22 N/A 1.49 1.16 0.91 Varna 1.30 1.30 1.10 N/A 1.35 1.35 1.15 N/A Mitchell 1.35 1.40 1.15 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 0.90 N/A 1.63 1.33 0.90 W O Feed 1.84 TERMINAL Port Colbor N/A N/A 1.72 N/A N/A N/A 1.59 N/A PROCESSORS Toledo FM N/A N/A 2.01 N/A N/A N/A 2.10 N/A Toledo El. 5.89US 7.83CA 5.93US 7.88CA 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 1.11 CAD $/bu 7.67 7.80 7.50 6.92 CAD $/tonne 281.77 286.66 275.42 254.17 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 588.31 DDG's FOB Srn & Aylm 275.00 - 285.00