<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1">
<style type="text/css" style="display:none;"><!-- P {margin-top:0;margin-bottom:0;} --></style>
</head>
<body dir="ltr">
<div id="divtagdefaultwrapper" style="font-size:10pt;color:#000000;font-family:'Courier New',monospace;" dir="ltr">
<p style="margin-top:0;margin-bottom:0"><u></u></p>
<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, November 24</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2711 up 0.0003</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> DEC17 HI 3.45 3/4 DEC18 HI 3.89 1/2</u></div>
<div><u> LOW 3.39 3/4 LOW 3.85 1/4</u></div>
<div><u> CLOSE3.42 1/4 Down 3 CLOSE 3.87 1/2 Down 1 1/2</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP BASIS NEW CROP BASIS</u></div>
<div><u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt</u></div>
<div><u>ELEVATORS +MAR18+MAR18+MAR18</u></div>
<div><u>CK Low 0.70 4.12 162.30 0.70 4.58 180.11</u></div>
<div><u>CK High 0.75 4.17 164.26 0.75 4.63 182.08</u></div>
<div><u>CK Avg 0.71 -0.17 4.13 162.62 0.73 -0.24 4.60 181.09</u></div>
<div><u>Essex Cty 0.70 4.12 162.30 0.70 4.58 180.11</u></div>
<div><u>Mdsx Low 0.70 4.12 162.30 0.75 4.63 182.08</u></div>
<div><u>Mdsx High 0.75 4.17 164.26 0.75 4.63 182.08</u></div>
<div><u>Mdsx Avg 0.73 -0.16 4.15 163.28 0.75 -0.22 4.63 182.08</u></div>
<div><u>Hensall 0.75 4.17 164.26 0.75 4.63 182.08</u></div>
<div><u>Bruce 0.75 4.17 164.26 0.75 4.63 182.08</u></div>
<div><u>Putnam 0.70 4.12 162.30 0.75 4.63 182.08</u></div>
<div><u>Burford 0.75 4.17 164.26 0.75 4.63 182.08</u></div>
<div><u>Port Perry 0.75 4.17 164.26 0.75 4.63 182.08</u></div>
<div><u>Norfolk 0.70 4.12 162.30 0.70 4.58 180.11</u></div>
<div><u>Palmerston 0.75 4.17 164.26 0.70 4.58 180.11</u></div>
<div><u>Varna 0.75 4.17 164.26 0.75 4.63 182.08</u></div>
<div><u>Trenton 0.75 4.17 164.26 0.85 4.73 186.02</u></div>
<div><u>Winchester 1.25 4.67 183.95 0.90 4.78 187.98</u></div>
<div><u>North Gower 1.15 4.57 180.01 0.85 4.73 186.02</u></div>
<div><u>Huron FOB 0.77 4.19 165.05 0.80 4.68 184.05</u></div>
<div><u>Kent FOB 0.75 4.17 164.26 0.70 4.58 180.11</u></div>
<div><u>Lamb FOB 0.70 4.12 162.30 0.65 4.53 178.14</u></div>
<div><u>Mdsx FOB 0.70 0.75 0.70 0.75 4.12 162.30 0.75 4.63 182.08</u></div>
<div><u>FOB SW Que 1.10 4.52 178.04N/A</u></div>
<div><u>Track 1.10 4.52 178.04N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 0.95 1.00 0.85 4.73 186.02</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Aylmer-Eth N/A 0.95 0.95 0.95 0.85 4.73 186.02</u></div>
<div><u>Sarn-Eth 0.90 0.95 0.90N/A 4.32 170.17N/A</u></div>
<div><u>Kawartha N/A N/A N/A N/A N/A</u></div>
<div><u>London-Ing N/A N/A N/A N/A 0.90 4.78 187.98</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A N/A</u></div>
<div><u>Cardnl-Ing N/A N/A 1.35 1.40 1.05 4.93 193.89</u></div>
<div><u>W O Feed 1.24 4.66 183.55</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.31 4.73 186.31</u></div>
<div><u>Toledo El. -0.09 3.33 131.23 -0.25 3.62 142.58</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.72 1/2 4.14 3/4</u></div>
<div><u>HI SD CRN 0.75 4.17 1/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2711 up 0.0003</u></div>
<div><u>Chicago soybeans closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> JAN18 HI 9.99 3/4 NOV18 HI 10.08 3/4</u></div>
<div><u> LOW 9.91 LOW 10.02 1/4</u></div>
<div><u> CLOSE9.93 1/4 Down 4 CLOSE 10.04 3/4 Down 2 1/4</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP NEW CROP</u></div>
<div><u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt</u></div>
<div><u>ELEVATORS +JAN1+JAN1+MAR18</u></div>
<div><u>CK Low 1.90 11.83 434.771.90 11.95 439.00</u></div>
<div><u>CK High 1.95 11.88 436.612.00 12.05 442.67</u></div>
<div><u>CK Average 1.93 -0.6011.86 435.691.96 -0.5812.00 441.02</u></div>
<div><u>Essex Cty 1.90 11.83 434.771.90 11.95 439.00</u></div>
<div><u>Mdsx Low 1.90 11.83 434.771.96 12.01 441.20</u></div>
<div><u>Mdsx High 1.95 11.88 436.612.00 12.05 442.67</u></div>
<div><u>Mdsx Average 1.93 -0.6011.86 435.691.98 -0.5612.03 441.93</u></div>
<div><u>Hensall 1.98 11.91 437.532.03 12.07 443.59</u></div>
<div><u>Bruce 1.90 11.83 434.771.95 12.00 440.83</u></div>
<div><u>Putnam 1.95 11.88 436.612.00 12.05 442.67</u></div>
<div><u>Burford 1.97 11.90 437.342.03 12.08 443.77</u></div>
<div><u>Port Perry 1.87 11.80 433.671.93 11.98 440.10</u></div>
<div><u>Norfolk 1.95 11.88 436.612.02 12.07 443.40</u></div>
<div><u>Palmerston 1.95 11.88 436.612.00 12.05 442.67</u></div>
<div><u>Varna 2.00 11.93 438.442.05 12.10 444.51</u></div>
<div><u>Trenton 1.95 11.88 436.612.00 12.05 442.67</u></div>
<div><u>Winchester 2.07 12.00 441.021.85 11.90 437.16</u></div>
<div><u>North Gower 1.85 11.78 432.931.80 11.85 435.32</u></div>
<div><u>Huron FOB 2.10 12.03 442.122.15 12.20 448.18</u></div>
<div><u>Kent FOB 2.00 11.93 438.441.97 12.02 441.57</u></div>
<div><u>Lambton FOB 2.00 11.93 438.442.15 12.20 448.18</u></div>
<div><u>Middlesex FOB2.07 2.14 2.12 2.15 12.00 441.022.08 12.13 445.61</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 2.40 12.33 453.14 N/A</u></div>
<div><u>Prescott 2.15 12.08 443.962.11 12.16 446.71</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.38 9.55 350.95-0.38 9.67 355.21</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2711 up 0.0003</u></div>
<div><u>Chicago wheat closed moderately lower.</u></div>
<div><u>DEC17 HI 4.22 1/4 JUL18 HI 4.67 1/4</u></div>
<div><u> LOW 4.12 1/2 LOW 4.58 1/4</u></div>
<div><u> CLOSE 4.15 3/4 Down 7 CLOSE 4.61 1/4 Down 6 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>DEC17 HI 6.26 3/4 SEP18 HI 6.33 3/4</u></div>
<div><u> LOW 6.18 LOW 6.31 3/4</u></div>
<div><u> CLOSE 6.23 1/2 Down 3 1/4 CLOSE 6.33 1/2 Down 3/4</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 0.75 1.00 0.87 0.55</u></div>
<div><u>CAD $/bu 4.90 5.16 5.03 6.78</u></div>
<div><u>CAD $/tonne 180.17 189.51 184.84 249.18</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2017 Harvest 2018</u></div>
<div><u> DELIVERED BASIS DELIVERED BASIS</u></div>
<div><u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)</u></div>
<div><u>ELEVATORS</u></div>
<div><u>Brgssvll N/A N/A 0.90 N/A N/A N/A 0.75 N/A</u></div>
<div><u>London 0.88 0.94 0.88 N/A 0.93 0.86 0.74 N/A</u></div>
<div><u>Hensall 0.90 N/A 0.90 N/A 0.95 N/A 0.75 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 0.85 N/A</u></div>
<div><u>Bruce 0.90 0.90 0.90 0.25 0.95 0.75 0.75 0.35</u></div>
<div><u>Essex N/A N/A N/A N/A N/A N/A 0.72 N/A</u></div>
<div><u>Norwich 0.90 N/A 0.90 N/A 0.95 N/A 0.75 N/A</u></div>
<div><u>Port Hope N/A N/A 0.90 N/A N/A 0.75 0.75 N/A</u></div>
<div><u>Kent Bridge 0.90 N/A 0.90 N/A 0.95 N/A 0.75 N/A</u></div>
<div><u>Chatham N/A N/A 0.90 N/A N/A N/A 0.75 N/A</u></div>
<div><u>Brigden N/A N/A 0.90 N/A N/A N/A 0.75 N/A</u></div>
<div><u>Palmerston N/A 0.60 0.85 0.25 N/A 0.65 0.75 0.35</u></div>
<div><u>Varna 1.20 0.90 0.90 N/A 0.95 0.75 0.75 N/A</u></div>
<div><u>Mitchell 0.90 0.90 0.90 N/A 0.95 0.75 0.75 N/A</u></div>
<div><u>Thornton N/A N/A N/A 0.00 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 0.75 0.75 0.50 N/A 0.90 0.90 0.25</u></div>
<div><u>W O Feed 1.53</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.56 N/A N/A N/A 1.23 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.11US 5.22CA 4.46US 5.65CA</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 0.85 0.85 0.79 0.30</u></div>
<div><u>CAD $/bu 5.46 5.46 5.40 6.63</u></div>
<div><u>CAD $/tonne 200.78 200.78 198.45 243.73</u></div>
<div><u><br>
</u></div>
<div><u>(C)-Basis over the Chicago Board of Trade futures</u></div>
<div><u>(M)-Basis over the Minneapolis Grain Exchange</u></div>
<div><u><br>
</u></div>
<div><u>FEED GRAINS</u></div>
<div><u>FOB Hm Soymeal 478.19</u></div>
<div><u>DDG's FOB Srn & Aylm 155.00</u></div>
<div><u><br>
</u></div>
<u></u>
<p class="MsoNormal" style=""><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);">Blair Andrews</span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<span style="background:#FDFDFD">Editor, AgriLink and Farm Market News<span class="apple-converted-space"> </span></span><br>
<span style="background:#FDFDFD">University of Guelph, Ridgetown Campus<span class="apple-converted-space"> </span></span><br>
<span style="background:#FDFDFD">Tel.<span class="apple-converted-space"> </span></span></span><a href="callto:519-674-1500" style=""><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 102, 153);">519-674-1500</span></a><span class="apple-converted-space" style=""><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);">x
63577<span class="apple-converted-space"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<span style="background:#FDFDFD">Fax.<span class="apple-converted-space"> </span></span></span><a href="callto:519-674-1530" style=""><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 102, 153);">519-674-1530</span></a><span class="apple-converted-space" style=""><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<br>
<span style="background:#FDFDFD">Click on this link:<span class="apple-converted-space"> </span></span></span><span class="object" style=""><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span></span><span class="apple-converted-space" style=""><span style="font-size:10.0pt;line-height:115%;
font-family:"Courier New";color:#333333;background:#FDFDFD"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);"> to
unsubscribe from this report.</span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<span style="background: rgb(253, 253, 253);">This Farm Market News product is sponsored by:</span><br>
<span style="background: rgb(253, 253, 253);">Grain Farmers of Ontario<u><o:p></o:p></u></span></span></p>
<u></u><br>
<p></p>
<p style="margin-top:0;margin-bottom:0"><u><br>
</u></p>
<div id="Signature">
<div id="divtagdefaultwrapper" style="font-size: 12pt; color: rgb(0, 0, 0); background-color: rgb(255, 255, 255); font-family: Calibri, Arial, Helvetica, sans-serif, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;">
<p></p>
<div><u><br>
</u></div>
<div><u><span style="font-family:"Courier New",monospace; font-size:10pt"></span></u></div>
<u><br>
</u>
<p></p>
<p><br>
</p>
</div>
</div>
</div>
</body>
</html>