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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, October 19
Exchange rate was 1.317 down 0.0012
Chicago soybeans closed slightly higher.

      NOV20   HI 10.58  1/4              NOV21     HI 9.75  1/4
             LOW 10.47  3/4                       LOW 9.68  3/4
            CLOSE10.54  1/4  Up 4 1/4           CLOSE 9.73   Up 2 3/4

            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                         13.29 488.42  2.40        12.13 445.70
CK High     2.80                         13.34 490.25  2.45        12.18 447.54
CK Average  2.79                   -0.42 13.33 489.89  2.44 -0.48  12.17 447.23
Essex Cty   2.70                         13.24 486.58  2.45        12.18 447.54
Mdsx Low    2.80                         13.34 490.25  2.41        12.14 446.07
Mdsx High   2.80                         13.34 490.25  2.45        12.18 447.54
Mdsx Average2.80                   -0.41 13.34 490.25  2.43 -0.48  12.16 446.80
Hensall     2.88                         13.43 493.31  2.48        12.21 448.76
Bruce       2.85                         13.39 492.09  2.50        12.23 449.38
Putnam      2.80                         13.34 490.25  2.45        12.18 447.54
Burford     2.87                         13.41 492.83  2.48        12.21 448.64
Port Perry  2.79                         13.33 489.89  2.40        12.13 445.70
Norfolk     2.80                         13.34 490.25  2.45        12.18 447.54
Palmerston  2.85                         13.39 492.09  2.50        12.23 449.38
Varna       2.90                         13.44 493.93  2.50        12.23 449.38
Trenton     2.75                         13.29 488.42  2.45        12.18 447.54
Winchester  3.00                         13.54 497.60  2.63        12.36 454.15
North Gower 2.88                         13.42 493.19  2.54        12.27 450.85
Vankleek Hil2.81                         13.35 490.62  2.41        12.14 446.07
Huron FOB   3.03  3.16  3.16  2.90       13.57 498.70  N/A
Kent FOB    2.80                         13.34 490.25  2.45        12.18 447.54
Lambton FOB 2.90                         13.44 493.93  2.50        12.23 449.38
Mdsx FOB    2.94  3.13  3.06  2.93       13.48 495.40  2.53        12.26 450.48

PROCESSORS
Windsor     3.00                         13.54 497.60  2.58        12.31 452.32

TRANSFER
Hamilton    3.25                         13.79 506.79  2.85        12.58 462.24
Prescott    3.07                         13.61 500.17  2.79        12.52 460.03
Port Colborn3.40                         13.94 512.30  N/A

Toledo El.  -0.16                        10.38 381.56 -0.46        9.27  340.60


Exchange rate was 1.317 down 0.0012
Chicago wheat closed slightly higher.
DEC20      HI     6.36  3/4             JUL21   HI      6.13  3/4
           LOW    6.20  1/4                     LOW        6.03
           CLOSE  6.27   Up 1 3/4               CLOSE   6.10  3/4  Up 1 3/4

Minni wheat closed slightly to moderately higher.
DEC20      HI     5.69  3/4             SEP21   HI         5.89
           LOW    5.59  1/2                     LOW     5.82  1/2
           CLOSE  5.69  1/4  Up 9 1/2           CLOSE   5.88   Up 2 3/4

GFO Cash Wheat Prices - DEL Terminal
Harvest 20        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 1.53          1.72            1.53          1.34
CAD $/bu              7.80          7.99            7.80          7.04
CAD $/tonne         286.48        293.74          286.48        258.53


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    1.41   1.15    N/A    1.60    1.60   1.18    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    1.66   1.26   1.21    N/A     1.57   1.24   0.94
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   1.80    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                   1.76

TERMINAL
Port Colbor  N/A    N/A    1.75    N/A    N/A     N/A    1.58    N/A

PROCESSORS
Toledo FM    N/A    N/A    1.99    N/A    N/A     N/A    2.06    N/A

Toledo El. 6.07US         7.99CA        6.06US          7.97CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 21        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 1.65          1.78            1.48          1.06
CAD $/bu              7.76          7.89            7.59          6.94
CAD $/tonne         285.01        289.85          278.73        255.17

(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange

FEED GRAINS
FOB Hm Soymeal            576.74
DDG's FOB Srn & Aylm      250.00 - 275.00