FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, November 29 (All Bases in CAD) Exchange rate was 1.2847 up 0.0035 Chicago corn closed slightly higher. MAR18 HI 3.54 DEC18 HI 3.86 1/2 LOW 3.49 1/4 LOW 3.82 1/4 CLOSE3.53 1/2 Up 3 3/4 CLOSE 3.86 1/4 Up 3 1/2 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 0.60 4.14 162.79 0.70 4.56 179.62 CK High 0.65 4.19 164.76 0.75 4.61 181.59 CK Avg 0.61 -0.31 4.14 163.12 0.73 -0.28 4.60 180.93 Essex Cty 0.60 4.14 162.79 0.70 4.56 179.62 Mdsx Low 0.60 4.14 162.79 0.75 4.61 181.59 Mdsx High 0.60 4.14 162.79 0.75 4.61 181.59 Mdsx Avg 0.60 -0.32 4.14 162.79 0.75 -0.27 4.61 181.59 Hensall 0.61 4.15 163.18 0.75 4.61 181.59 Bruce 0.60 4.14 162.79 0.75 4.61 181.59 Putnam 0.56 4.10 161.21 0.75 4.61 181.59 Burford 0.65 4.19 164.76 0.75 4.61 181.59 Port Perry 0.60 4.14 162.79 0.75 4.61 181.59 Norfolk 0.60 4.14 162.79 0.75 4.61 181.59 Palmerston 0.65 4.19 164.76 0.70 4.56 179.62 Varna 0.65 4.19 164.76 0.75 4.61 181.59 Trenton 0.65 4.19 164.76 0.85 4.71 185.52 Winchester 1.20 4.74 186.41 0.90 4.76 187.49 North Gower 1.05 4.59 180.50 0.85 4.71 185.52 Huron FOB 0.75 4.29 168.69 0.75 4.61 181.59 Kent FOB 0.80 4.34 170.66 0.75 4.61 181.59 Lamb FOB 0.80 4.34 170.66 0.65 4.51 177.65 Mdsx FOB 0.65 0.65N/A N/A 4.19 164.76 0.75 4.61 181.59 FOB SW Que 1.30 4.84 190.35N/A Track 1.10 4.64 182.47N/A PROCESSORS Chat-Eth N/A N/A 0.95 1.00 0.85 4.71 185.52 Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth N/A N/A 0.95 0.95 0.85 4.71 185.52 Sarn-Eth 0.95 0.90 0.95N/A 4.49 176.57N/A Kawartha N/A N/A N/A N/A N/A London-Ing N/A N/A N/A N/A 0.90 4.76 187.49 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 4.91 193.40 W O Feed 1.22 4.75 187.12 US Rep 1.18 4.72 185.62 Toledo El. -0.24 3.29 129.56 -0.26 3.61 141.96 MID SD CRN 0.62 1/2 4.16 HI SD CRN 0.65 4.18 1/2 *Wet Bid Exchange rate was 1.2847 up 0.0035 Chicago soybeans closed mixed. JAN18 HI 9.96 1/2 NOV18 HI 10.07 1/4 LOW 9.89 1/4 LOW 10.01 1/2 CLOSE9.92 1/2 Down 1/2 CLOSE 10.04 1/2 Down 1 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JAN1+JAN1+MAR18 CK Low 1.95 11.88 436.331.95 12.00 440.74 CK High 2.10 12.03 441.842.10 12.15 446.25 CK Average 2.05 -0.6011.97 439.942.05 -0.6212.09 444.29 Essex Cty 1.90 11.83 434.491.90 11.95 438.90 Mdsx Low 2.04 11.97 439.642.08 12.13 445.52 Mdsx High 2.10 12.03 441.842.15 12.20 448.09 Mdsx Average 2.07 -0.5912.00 440.742.12 -0.5712.16 446.80 Hensall 2.08 12.00 440.922.13 12.17 447.17 Bruce 2.05 11.98 440.012.10 12.15 446.25 Putnam 2.10 12.03 441.842.15 12.20 448.09 Burford 2.11 12.04 442.212.15 12.20 448.09 Port Perry 2.01 11.94 438.542.05 12.10 444.42 Norfolk 2.10 12.03 441.842.15 12.20 448.09 Palmerston 1.95 11.88 436.332.00 12.05 442.58 Varna 2.05 11.98 440.012.10 12.15 446.25 Trenton 1.95 11.88 436.332.00 12.05 442.58 Winchester 1.95 11.88 436.331.95 12.00 440.74 North Gower 1.90 11.83 434.491.80 11.85 435.23 Huron FOB 2.15 12.08 443.682.20 12.25 449.93 Kent FOB 2.15 12.08 443.682.10 12.15 446.25 Lambton FOB 1.95 11.88 436.332.20 12.25 449.93 Middlesex FOB2.18 2.25 2.23 2.26 12.11 444.782.20 12.25 449.93 TRANSFER Hamilton 2.50 12.43 456.54 N/A Prescott 2.21 12.14 445.882.17 12.22 448.82 Toledo El. -0.35 9.58 351.94-0.38 9.66 354.95 Exchange rate was 1.2847 up 0.0035 Chicago wheat closed slightly to moderately higher. MAR18 HI 4.35 1/2 JUL18 HI 4.59 1/4 LOW 4.29 1/4 LOW 4.54 1/2 CLOSE 4.34 3/4 Up 5 1/2 CLOSE 4.58 3/4 Up 4 1/2 Minni wheat closed narrowly mixed. MAR18 HI 6.25 SEP18 HI 6.30 LOW 6.19 3/4 LOW 6.27 1/2 CLOSE 6.23 1/4 Up 1 1/4 CLOSE 6.29 1/4 Down 1 GFO Cash Wheat Prices - DEL Terminal Harvest 17 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.66 0.92 0.79 0.43 CAD $/bu 5.01 5.26 5.14 6.66 CAD $/tonne 183.98 193.42 188.70 244.64 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 0.75 N/A N/A N/A 0.75 N/A London 0.72 0.78 0.72 N/A 0.96 0.89 0.77 N/A Hensall 0.85 N/A 0.85 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 0.85 0.85 0.85 0.04 0.95 0.75 0.75 0.35 Essex N/A N/A N/A N/A N/A N/A 0.71 N/A Norwich 0.85 N/A 0.85 N/A 0.95 N/A 0.75 N/A Port Hope N/A N/A 0.67 N/A N/A 0.75 0.75 N/A Kent Bridge 0.85 N/A 0.85 N/A 0.95 N/A 0.75 N/A Chatham N/A N/A 0.75 N/A N/A N/A 0.75 N/A Brigden N/A N/A 0.75 N/A N/A N/A 0.75 N/A Palmerston N/A 0.42 0.67 0.05 N/A 0.65 0.75 0.35 Varna 1.05 0.75 0.75 N/A 0.95 0.75 0.75 N/A Mitchell 0.85 0.85 0.85 N/A 0.95 0.75 0.75 N/A Thornton N/A N/A N/A 0.05 N/A N/A N/A N/A North Gower N/A 0.55 0.55 0.35 N/A 0.89 0.89 0.25 W O Feed 1.44 PROCESSORS Toledo FM N/A N/A 1.49 N/A N/A N/A 1.30 N/A Toledo El. 4.12US 5.29CA 4.44US 5.69CA GFO Contract Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 0.91 0.91 0.85 0.37 CAD $/bu 5.50 5.50 5.44 6.66 CAD $/tonne 202.08 202.08 199.72 244.73 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 479.51 DDG's FOB Srn & Aylm 155.00 - 160.00