FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, November 27 (All Bases in CAD) Exchange rate was 1.2758 up 0.0047 Chicago corn closed slightly lower. DEC17 HI 3.42 1/2 DEC18 HI 3.88 LOW 3.38 1/2 LOW 3.84 1/4 CLOSE3.38 3/4 Down 3 1/2 CLOSE 3.84 1/2 Down 3 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR18+MAR18+MAR18 CK Low 0.70 4.09 160.92 0.70 4.55 178.93 CK High 0.75 4.14 162.89 0.75 4.60 180.90 CK Avg 0.71 -0.17 4.10 161.44 0.73 -0.25 4.58 180.24 Essex Cty 0.73 4.12 162.10 0.70 4.55 178.93 Mdsx Low 0.70 4.09 160.92 0.75 4.60 180.90 Mdsx High 0.75 4.14 162.89 0.75 4.60 180.90 Mdsx Avg 0.73 -0.16 4.11 161.90 0.75 -0.23 4.60 180.90 Hensall 0.75 4.14 162.89 0.75 4.60 180.90 Bruce 0.75 4.14 162.89 0.75 4.60 180.90 Putnam 0.70 4.09 160.92 0.75 4.60 180.90 Burford 0.75 4.14 162.89 0.75 4.60 180.90 Port Perry 0.75 4.14 162.89 0.75 4.60 180.90 Norfolk 0.70 4.09 160.92 0.75 4.60 180.90 Palmerston 0.65 4.04 158.95 0.70 4.55 178.93 Varna 0.75 4.14 162.89 0.75 4.60 180.90 Trenton 0.75 4.14 162.89 0.85 4.70 184.83 Winchester 1.25 4.64 182.57 0.90 4.75 186.80 North Gower 1.15 4.54 178.63 0.85 4.70 184.83 Huron FOB 0.75 4.14 162.89 0.75 4.60 180.90 Kent FOB 0.75 4.14 162.89 0.75 4.60 180.90 Lamb FOB 0.70 4.09 160.92 0.65 4.50 176.96 Mdsx FOB 0.70 0.75 0.70 0.75 4.09 160.92 0.75 4.60 180.90 FOB SW Que 1.15 4.54 178.63N/A Track 1.14 4.53 178.24N/A PROCESSORS Chat-Eth N/A N/A 0.95 1.00 0.85 4.70 184.83 Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth N/A 0.95 0.95 0.95 0.85 4.70 184.83 Sarn-Eth 0.90 0.95 0.90N/A 4.29 168.79N/A Kawartha N/A N/A N/A N/A N/A London-Ing N/A N/A N/A N/A 0.90 4.75 186.80 Pt.Colb-Ing N/A N/A N/A N/A N/A Cardnl-Ing N/A N/A 1.35 1.40 1.05 4.90 192.71 W O Feed 1.25 4.64 182.73 US Rep 1.30 4.69 184.54 Toledo El. -0.09 3.30 129.84 -0.25 3.59 141.35 MID SD CRN 0.72 1/2 4.11 1/4 HI SD CRN 0.75 4.13 3/4 *Wet Bid Exchange rate was 1.2758 up 0.0047 Chicago soybeans closed slightly higher. JAN18 HI 10.01 1/2 NOV18 HI 10.10 1/2 LOW 9.90 1/2 LOW 10.02 1/2 CLOSE9.96 Up 2 3/4 CLOSE 10.06 1/4 Up 1 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR18 CK Low 1.85 11.81 433.941.85 11.91 437.71 CK High 1.95 11.91 437.622.00 12.06 443.22 CK Average 1.90 -0.6611.86 435.901.93 -0.6412.00 440.77 Essex Cty 1.90 11.86 435.781.90 11.96 439.55 Mdsx Low 1.87 11.83 434.681.93 11.99 440.65 Mdsx High 1.90 11.86 435.781.95 12.01 441.38 Mdsx Average 1.89 -0.6811.85 435.231.94 -0.6312.00 441.02 Hensall 1.93 11.89 436.701.98 12.04 442.30 Bruce 1.85 11.81 433.941.90 11.96 439.55 Putnam 1.90 11.86 435.781.90 11.96 439.55 Burford 1.94 11.90 437.252.00 12.06 443.22 Port Perry 1.84 11.80 433.581.90 11.96 439.55 Norfolk 1.95 11.91 437.622.02 12.08 443.96 Palmerston 1.95 11.91 437.622.00 12.06 443.22 Varna 1.95 11.91 437.622.00 12.06 443.22 Trenton 1.90 11.86 435.781.95 12.01 441.38 Winchester 1.92 11.88 436.521.89 11.95 439.18 North Gower 1.85 11.81 433.941.80 11.86 435.87 Huron FOB 2.05 12.01 441.292.10 12.16 446.90 Kent FOB 2.00 11.96 439.451.97 12.03 442.12 Lambton FOB 1.95 11.91 437.622.05 12.11 445.06 Middlesex FOB2.04 2.10 2.09 2.12 12.00 440.922.05 12.11 445.06 TRANSFER Hamilton 2.38 12.34 453.42 N/A Prescott 2.09 12.05 442.762.06 12.12 445.43 Toledo El. -0.38 9.58 351.90-0.38 9.68 355.71 Exchange rate was 1.2758 up 0.0047 Chicago wheat closed moderately lower. DEC17 HI 4.16 JUL18 HI 4.61 1/4 LOW 4.08 3/4 LOW 4.55 CLOSE 4.09 1/2 Down 6 1/4 CLOSE 4.55 1/2 Down 5 3/4 Minni wheat closed slightly lower to lower. DEC17 HI 6.24 SEP18 HI 6.34 1/2 LOW 6.08 1/2 LOW 6.31 1/2 CLOSE 6.10 Down 13 1/2 CLOSE 6.32 1/4 Down 1 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.75 1.00 0.87 0.53 CAD $/bu 4.84 5.10 4.97 6.63 CAD $/tonne 177.91 187.28 182.59 243.77 Direct MarkHarvest 2017 Harvest 2018 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 0.90 N/A N/A N/A 0.75 N/A London 0.84 0.91 0.84 N/A 0.90 0.83 0.71 N/A Hensall 0.90 N/A 0.90 N/A 0.95 N/A 0.75 N/A Trenton N/A N/A N/A N/A N/A N/A 0.85 N/A Bruce 0.90 0.90 0.90 0.25 0.95 0.75 0.75 0.35 Essex N/A N/A N/A N/A N/A N/A 0.72 N/A Norwich 0.90 N/A 0.90 N/A 0.95 N/A 0.75 N/A Port Hope N/A N/A 0.90 N/A N/A 0.75 0.75 N/A Kent Bridge 0.90 N/A 0.90 N/A 0.95 N/A 0.75 N/A Chatham N/A N/A 0.90 N/A N/A N/A 0.75 N/A Brigden N/A N/A 0.90 N/A N/A N/A 0.75 N/A Palmerston N/A 0.60 0.85 0.25 N/A 0.65 0.75 0.35 Varna 1.20 0.90 0.90 N/A 0.95 0.75 0.75 N/A Mitchell 0.90 0.90 0.90 N/A 0.95 0.75 0.75 N/A Thornton N/A N/A N/A 0.04 N/A N/A N/A N/A North Gower N/A 0.75 0.75 0.50 N/A 0.90 0.90 0.25 W O Feed 1.56 PROCESSORS Toledo FM N/A N/A 1.63 N/A N/A N/A 1.24 N/A Toledo El. 4.05US 5.16CA 4.41US 5.61CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.86 0.86 0.80 0.32 CAD $/bu 5.41 5.41 5.35 6.65 CAD $/tonne 198.96 198.96 196.62 244.20 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 481.83 DDG's FOB Srn & Aylm 155.00