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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, December 5</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.338 up 0.0140</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAR19 HI 3.86 3/4 DEC19 HI 4.03 1/2</u></div>
<div><u> LOW 3.82 3/4 LOW 4.00 1/2</u></div>
<div><u> CLOSE3.84 1/4 Down 1/2 CLOSE 4.02 1/4 Down 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 +MAR19+MAR19+MAY19</u></div>
<div><u>CK Low 0.75 4.59 180.80 0.80 4.82 189.85</u></div>
<div><u>CK High 0.80 4.64 182.77 0.80 4.82 189.85</u></div>
<div><u>CK Avg 0.78 -0.39 4.62 181.98 0.80 -0.40 4.82 189.85</u></div>
<div><u>Essex Cty 0.80 4.64 182.77 0.80 4.82 189.85</u></div>
<div><u>Mdsx Low 0.75 4.59 180.80 0.80 4.82 189.85</u></div>
<div><u>Mdsx High 0.80 4.64 182.77 0.85 4.87 191.82</u></div>
<div><u>Mdsx Avg 0.78 -0.39 4.62 181.78 0.83 -0.38 4.85 190.84</u></div>
<div><u>Hensall 0.80 4.64 182.77 0.80 4.82 189.85</u></div>
<div><u>Bruce 0.75 4.59 180.80 0.80 4.82 189.85</u></div>
<div><u>Putnam 0.80 4.64 182.77 0.80 4.82 189.85</u></div>
<div><u>Burford 0.80 4.64 182.77 0.80 4.82 189.85</u></div>
<div><u>Port Perry 0.80 4.64 182.77 0.85 4.87 191.82</u></div>
<div><u>Norfolk 0.80 4.64 182.77 0.80 4.82 189.85</u></div>
<div><u>Palmerston 0.80 4.64 182.77 0.85 4.87 191.82</u></div>
<div><u>Varna 0.80 4.64 182.77 0.80 4.82 189.85</u></div>
<div><u>Trenton 0.80 4.64 182.77 0.85 4.87 191.82</u></div>
<div><u>Winchester 1.20 5.04 198.51 1.15 5.17 203.63</u></div>
<div><u>North Gower 1.13 4.97 195.76 1.10 5.12 201.66</u></div>
<div><u>Huron FOB 1.20 5.04 198.51 0.85 4.87 191.82</u></div>
<div><u>Kent FOB 1.15 4.99 196.55 0.90 4.92 193.79</u></div>
<div><u>Lamb FOB 1.20 5.04 198.51 0.95 4.97 195.76</u></div>
<div><u>Mdsx FOB 0.95N/A N/A N/A 4.79 188.67 0.90 4.92 193.79</u></div>
<div><u>FOB SW Que 1.35 5.19 204.42N/A</u></div>
<div><u>Track 1.38 5.22 205.40N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A 1.49 1.53 1.50 1.12 5.14 202.45</u></div>
<div><u>Jhnstwn-Eth N/A N/A 1.55 1.53 1.29 5.31 209.14</u></div>
<div><u>Aylmer-Eth N/A 1.40 1.45 1.44 1.10 5.12 201.66</u></div>
<div><u>Sarn-Eth N/A 1.30 1.35N/A N/A</u></div>
<div><u>Kawartha N/A N/A N/A N/A N/A</u></div>
<div><u>London-Ing 1.45 1.45 1.50 1.45 5.29 208.36 1.10 5.12 201.66</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 N/A N/A 1.28 5.30 208.75</u></div>
<div><u>W O Feed 1.65 5.49 216.13</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.80 5.64 222.14</u></div>
<div><u>Toledo El. -0.19 3.66 143.90 -0.27 3.76 147.87</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.77 1/2 4.61 3/4</u></div>
<div><u>HI SD CRN 0.80 4.64 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 1.338 up 0.0140</u></div>
<div><u>Chicago soybeans closed mixed.</u></div>
<div><u><br>
</u></div>
<div><u> JAN19 HI 9.16 3/4 NOV19 HI 9.58 3/4</u></div>
<div><u> LOW 9.08 1/2 LOW 9.52</u></div>
<div><u> CLOSE9.13 1/2 Up 1 3/4 CLOSE 9.56 3/4 Up 1</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+MAR1+MAR19</u></div>
<div><u>CK Low 2.25 11.39 418.332.20 11.77 432.38</u></div>
<div><u>CK High 2.40 11.54 423.842.35 11.92 437.89</u></div>
<div><u>CK Average 2.31 -0.5811.45 420.532.23 -0.7111.80 433.63</u></div>
<div><u>Essex Cty 2.40 11.54 423.842.35 11.92 437.89</u></div>
<div><u>Mdsx Low 2.29 11.43 419.802.20 11.77 432.38</u></div>
<div><u>Mdsx High 2.30 11.44 420.162.26 11.83 434.59</u></div>
<div><u>Mdsx Average 2.30 -0.5911.43 419.982.23 -0.7111.80 433.48</u></div>
<div><u>Hensall 2.28 11.41 419.252.18 11.74 431.46</u></div>
<div><u>Bruce 2.20 11.34 416.492.15 11.72 430.54</u></div>
<div><u>Putnam 2.30 11.44 420.162.20 11.77 432.38</u></div>
<div><u>Burford 2.29 11.43 419.802.26 11.83 434.59</u></div>
<div><u>Port Perry 2.25 11.39 418.332.22 11.79 433.12</u></div>
<div><u>Norfolk 2.40 11.54 423.842.35 11.92 437.89</u></div>
<div><u>Palmerston 2.20 11.34 416.492.20 11.77 432.38</u></div>
<div><u>Varna 2.25 11.39 418.332.15 11.72 430.54</u></div>
<div><u>Trenton 2.15 11.29 414.652.15 11.72 430.54</u></div>
<div><u>Winchester 2.47 11.61 426.412.30 11.87 436.06</u></div>
<div><u>North Gower 2.50 11.64 427.512.25 11.82 434.22</u></div>
<div><u>Huron FOB 2.35 11.49 422.002.25 11.82 434.22</u></div>
<div><u>Kent FOB 2.50 11.64 427.512.35 11.92 437.89</u></div>
<div><u>Lambton FOB 2.40 11.54 423.842.40 11.97 439.73</u></div>
<div><u>Middlesex FOB2.43 2.41 2.38 2.38 11.57 424.942.35 11.92 437.89</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.95 N/A N/A N/A 12.09 444.052.83 12.40 455.53</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 2.80 11.94 438.542.60 12.17 447.08</u></div>
<div><u>Prescott N/A 2.62 12.19 447.81</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.51 8.63 316.97-0.40 9.17 336.86</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.338 up 0.0140</u></div>
<div><u>Chicago wheat closed slightly lower.</u></div>
<div><u>MAR19 HI 5.22 JUL19 HI 5.32 1/2</u></div>
<div><u> LOW 5.13 1/2 LOW 5.24 1/4</u></div>
<div><u> CLOSE 5.18 Down 4 1/2 CLOSE 5.27 3/4 Down 5</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>MAR19 HI 5.79 1/4 SEP19 HI 5.95 1/2</u></div>
<div><u> LOW 5.74 3/4 LOW 5.91 3/4</u></div>
<div><u> CLOSE 5.75 1/2 Down 4 1/4 CLOSE 5.91 3/4 Down 4 3/4</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash 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 1.28 1.48 1.28 0.74</u></div>
<div><u>CAD $/bu 6.46 6.66 6.46 6.50</u></div>
<div><u>CAD $/tonne 237.45 244.83 237.45 238.68</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2018 Harvest 2019</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 1.20 N/A N/A N/A 1.15 N/A</u></div>
<div><u>London 1.22 1.35 1.22 N/A 1.22 1.35 1.22 N/A</u></div>
<div><u>Hensall 1.35 N/A 1.20 N/A 1.40 N/A 1.15 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.10 N/A</u></div>
<div><u>Bruce 1.25 1.35 1.20 0.80 1.20 1.35 1.10 0.80</u></div>
<div><u>Essex N/A N/A 1.15 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Norwich 1.35 N/A 1.20 N/A 1.40 N/A 1.15 N/A</u></div>
<div><u>Port Hope N/A N/A 1.20 N/A N/A 1.20 1.15 N/A</u></div>
<div><u>Kent Bridge 1.35 N/A 1.20 N/A 1.40 N/A 1.15 N/A</u></div>
<div><u>Chatham N/A N/A 1.15 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Brigden N/A N/A 1.15 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Palmerston N/A 1.50 1.20 0.80 N/A 1.45 1.10 0.80</u></div>
<div><u>Varna 1.40 1.50 1.20 N/A 1.20 1.45 1.10 N/A</u></div>
<div><u>Mitchell 1.35 1.20 1.20 N/A 1.40 1.30 1.15 N/A</u></div>
<div><u>Thornton N/A N/A N/A 0.52 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.20 0.93 0.60 N/A 1.27 1.20 0.45</u></div>
<div><u>W O Feed 1.89</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 1.88 N/A N/A N/A 1.89 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. N/A 5.13US 6.83CA</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 1.29 1.35 1.29 0.57</u></div>
<div><u>CAD $/bu 6.57 6.63 6.57 6.49</u></div>
<div><u>CAD $/tonne 241.25 243.69 241.25 238.31</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 506.96</u></div>
<div><u>DDG's FOB Srn & Aylm 160.00</u></div>
<div><u><br>
</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="" id="LPlnk692183" class="OWAAutoLink" previewremoved="true"><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="" id="LPlnk983830" class="OWAAutoLink" previewremoved="true"><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>
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<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>
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