FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, December 7 (All Bases in CAD) Exchange rate was 1.3288 down 0.0096 Chicago corn closed slightly higher. MAR19 HI 3.85 3/4 DEC19 HI 4.03 3/4 LOW 3.82 1/4 LOW 4.00 3/4 CLOSE3.85 1/2 Up 2 3/4 CLOSE 4.03 Up 1 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR19+MAR19+MAY19 CK Low 0.75 4.61 181.29 0.80 4.83 190.15 CK High 0.85 4.71 185.23 0.80 4.83 190.15 CK Avg 0.80 -0.35 4.66 183.26 0.80 -0.38 4.83 190.15 Essex Cty 0.85 4.71 185.23 0.80 4.83 190.15 Mdsx Low 0.80 4.66 183.26 0.80 4.83 190.15 Mdsx High 0.80 4.66 183.26 0.85 4.88 192.12 Mdsx Avg 0.80 -0.35 4.66 183.26 0.83 -0.36 4.86 191.13 Hensall 0.83 4.68 184.24 0.83 4.86 191.13 Bruce 0.85 4.71 185.23 0.85 4.88 192.12 Putnam 0.80 4.66 183.26 0.80 4.83 190.15 Burford 0.80 4.66 183.26 0.80 4.83 190.15 Port Perry 0.85 4.71 185.23 0.85 4.88 192.12 Norfolk 0.85 4.71 185.23 0.80 4.83 190.15 Palmerston 0.80 4.66 183.26 0.85 4.88 192.12 Varna 0.85 4.71 185.23 0.85 4.88 192.12 Trenton 0.80 4.66 183.26 0.85 4.88 192.12 Winchester 1.20 5.06 199.01 1.15 5.18 203.93 North Gower 1.13 4.99 196.25 1.10 5.13 201.96 Huron FOB 1.20 5.06 199.01 0.85 4.88 192.12 Kent FOB 1.20 5.06 199.01 0.90 4.93 194.09 Lamb FOB 1.20 5.06 199.01 0.95 4.98 196.05 Mdsx FOB 0.95N/A N/A N/A 4.81 189.16 0.90 4.93 194.09 FOB SW Que 1.35 5.21 204.91N/A Track 1.38 5.23 205.90N/A PROCESSORS Chat-Eth N/A 1.49 1.53 1.50 1.12 5.15 202.75 Jhnstwn-Eth N/A N/A 1.55 1.53 1.29 5.32 209.44 Aylmer-Eth N/A 1.40 1.45 1.44 1.10 5.13 201.96 Sarn-Eth N/A 1.30 1.35N/A N/A Kawartha N/A N/A N/A N/A N/A London-Ing 1.40 1.45 1.50 1.45 5.26 206.88 1.10 5.13 201.96 Pt.Colb-Ing N/A N/A N/A N/A N/A* Cardnl-Ing N/A N/A N/A N/A 1.28 5.31 209.05 W O Feed 1.65 5.50 216.62 US Rep 1.80 5.66 222.63 Toledo El. -0.19 3.67 144.44 -0.26 3.77 148.23 MID SD CRN 0.80 4.65 1/2 HI SD CRN 0.85 4.70 1/2 *Wet Bid Exchange rate was 1.3288 down 0.0096 Chicago soybeans closed slightly higher. JAN19 HI 9.18 NOV19 HI 9.61 1/2 LOW 9.07 1/2 LOW 9.52 CLOSE9.16 3/4 Up 7 1/4 CLOSE 9.61 1/4 Up 6 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JAN1+MAR1+MAR19 CK Low 2.20 11.37 417.682.20 11.81 434.04 CK High 2.35 11.52 423.202.35 11.96 439.55 CK Average 2.31 -0.5311.48 421.732.31 -0.6111.92 437.93 Essex Cty 2.35 11.52 423.202.30 11.91 437.71 Mdsx Low 2.26 11.43 419.892.35 11.96 439.55 Mdsx High 2.35 11.52 423.202.37 11.98 440.28 Mdsx Average 2.31 -0.5311.47 421.542.36 -0.5711.97 439.91 Hensall 2.35 11.52 423.202.33 11.94 438.63 Bruce 2.40 11.57 425.032.35 11.96 439.55 Putnam 2.35 11.52 423.202.35 11.96 439.55 Burford 2.26 11.43 419.892.37 11.98 440.28 Port Perry 2.22 11.39 418.422.33 11.94 438.81 Norfolk 2.35 11.52 423.202.30 11.91 437.71 Palmerston 2.20 11.37 417.682.20 11.81 434.04 Varna 2.40 11.57 425.032.30 11.91 437.71 Trenton 2.25 11.42 419.522.20 11.81 434.04 Winchester 2.30 11.47 421.362.30 11.91 437.71 North Gower 2.60 11.77 432.382.35 11.96 439.55 Huron FOB 2.50 11.67 428.712.40 12.01 441.38 Kent FOB 2.55 11.72 430.542.35 11.96 439.55 Lambton FOB 2.40 11.57 425.032.50 12.11 445.06 Middlesex FOB2.35 2.39 2.36 2.36 11.52 423.202.46 12.07 443.59 PROCESSORS Windsor 2.82 N/A N/A N/A 11.99 440.472.76 12.37 454.61 TRANSFER Hamilton 2.80 11.97 439.732.70 12.31 452.41 Prescott N/A 2.62 12.23 449.47 Toledo El. -0.50 8.66 318.29-0.40 9.22 338.61 Exchange rate was 1.3288 down 0.0096 Chicago wheat closed higher. MAR19 HI 5.32 JUL19 HI 5.40 3/4 LOW 5.15 1/4 LOW 5.25 3/4 CLOSE 5.31 1/4 Up 15 3/4 CLOSE 5.40 Up 14 1/2 Minni wheat closed moderately higher to higher. MAR19 HI 5.82 1/4 SEP19 HI 5.98 3/4 LOW 5.69 LOW 5.88 3/4 CLOSE 5.81 1/2 Up 12 1/4 CLOSE 5.98 Up 9 3/4 GFO Cash Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.28 1.48 1.28 0.72 CAD $/bu 6.59 6.79 6.59 6.53 CAD $/tonne 242.30 249.62 242.30 239.98 Direct MarkHarvest 2018 Harvest 2019 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 1.20 N/A N/A N/A 1.15 N/A London 1.23 1.36 1.23 N/A 1.30 1.43 1.24 N/A Hensall 1.35 N/A 1.20 N/A 1.40 N/A 1.15 N/A Trenton N/A N/A N/A N/A N/A N/A 1.10 N/A Bruce 1.25 1.55 1.25 0.85 1.20 1.50 1.15 0.85 Essex N/A N/A 1.15 N/A N/A N/A 1.10 N/A Norwich 1.35 N/A 1.20 N/A 1.40 N/A 1.15 N/A Port Hope N/A N/A 1.20 N/A N/A 1.20 1.15 N/A Kent Bridge 1.35 N/A 1.20 N/A 1.40 N/A 1.15 N/A Chatham N/A N/A 1.15 N/A N/A N/A 1.10 N/A Brigden N/A N/A 1.15 N/A N/A N/A 1.10 N/A Palmerston N/A 1.50 1.20 0.80 N/A 1.45 1.10 0.80 Varna 1.45 1.55 1.25 N/A 1.25 1.50 1.15 N/A Mitchell 1.35 1.20 1.20 N/A 1.40 1.30 1.15 N/A Thornton N/A N/A N/A 0.62 N/A N/A N/A N/A North Gower N/A 1.20 0.93 0.60 N/A 1.26 1.20 0.45 W O Feed 1.86 PROCESSORS Toledo FM N/A N/A 1.88 N/A N/A N/A 1.88 N/A Toledo El. N/A 5.25US 6.95CA GFO Contract Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.29 1.35 1.29 0.55 CAD $/bu 6.69 6.75 6.69 6.53 CAD $/tonne 245.64 248.07 245.64 239.80 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 503.99 DDG's FOB Srn & Aylm 135.00 - 160.00