<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"></p>
<div id="divtagdefaultwrapper" style="font-size: 10pt; color: rgb(0, 0, 0); font-family: "Courier New", monospace, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;" dir="ltr">
<p style="margin-top:0;margin-bottom:0"></p>
<div id="divtagdefaultwrapper" style="font-size: 10pt; color: rgb(0, 0, 0); font-family: "Courier New", monospace, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;" dir="ltr">
<p style="margin-top:0;margin-bottom:0"></p>
<div id="divtagdefaultwrapper" style="font-size: 10pt; color: rgb(0, 0, 0); font-family: "Courier New", monospace, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;" dir="ltr">
<p style="margin-top:0;margin-bottom:0"></p>
<div id="divtagdefaultwrapper" style="font-size: 10pt; color: rgb(0, 0, 0); font-family: "Courier New", monospace, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;" dir="ltr">
<p style="margin-top:0;margin-bottom:0"><u></u></p>
<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, December 19</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3431 down 0.0031</u></div>
<div><u>Chicago corn closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAR19 HI 3.85 1/4 DEC19 HI 4.04 1/4</u></div>
<div><u> LOW 3.81 1/2 LOW 4.02</u></div>
<div><u> CLOSE3.81 3/4 Down 3 3/4 CLOSE 4.02 1/2 Down 2 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 0.90 4.72 185.72 0.85 4.88 191.92</u></div>
<div><u>CK High 0.95 4.77 187.69 0.85 4.88 191.92</u></div>
<div><u>CK Avg 0.91 -0.30 4.73 186.11 0.85 -0.39 4.88 191.92</u></div>
<div><u>Essex Cty 0.95 4.77 187.69 0.85 4.88 191.92</u></div>
<div><u>Mdsx Low 0.90 4.72 185.72 0.85 4.88 191.92</u></div>
<div><u>Mdsx High 0.90 4.72 185.72 0.85 4.88 191.92</u></div>
<div><u>Mdsx Avg 0.90 -0.31 4.72 185.72 0.85 -0.39 4.88 191.92</u></div>
<div><u>Hensall 0.90 4.72 185.72 0.85 4.88 191.92</u></div>
<div><u>Bruce 0.90 4.72 185.72 0.85 4.88 191.92</u></div>
<div><u>Putnam 0.90 4.72 185.72 0.85 4.88 191.92</u></div>
<div><u>Burford 0.90 4.72 185.72 0.85 4.88 191.92</u></div>
<div><u>Port Perry 0.90 4.72 185.72 0.85 4.88 191.92</u></div>
<div><u>Norfolk 0.95 4.77 187.69 0.85 4.88 191.92</u></div>
<div><u>Palmerston 0.90 4.72 185.72 0.85 4.88 191.92</u></div>
<div><u>Varna 0.90 4.72 185.72 0.85 4.88 191.92</u></div>
<div><u>Trenton 0.90 4.72 185.72 0.85 4.88 191.92</u></div>
<div><u>Winchester 1.20 5.02 197.53 1.15 5.18 203.73</u></div>
<div><u>North Gower 1.15 4.97 195.56 1.12 5.15 202.55</u></div>
<div><u>Huron FOB 1.25 5.07 199.50 0.85 4.88 191.92</u></div>
<div><u>Kent FOB 1.25 5.07 199.50 0.90 4.93 193.89</u></div>
<div><u>Lamb FOB 1.20 5.02 197.53 0.95 4.98 195.86</u></div>
<div><u>Mdsx FOB 1.15N/A N/A N/A 4.97 195.56 0.95 4.98 195.86</u></div>
<div><u>FOB SW Que 1.55 5.37 211.31N/A</u></div>
<div><u>Track 1.38 5.19 204.42N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 1.51 1.45 1.14 5.17 203.34</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A 1.56 1.28 5.31 208.85</u></div>
<div><u>Aylmer-Eth N/A N/A 1.50 1.45 1.10 5.13 201.76</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 N/A N/A 1.50 1.45 1.10 5.13 201.76</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 5.31 208.85</u></div>
<div><u>W O Feed 1.67 5.48 215.88</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.80 5.62 221.15</u></div>
<div><u>Toledo El. -0.19 3.63 142.89 -0.27 3.76 147.89</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.92 1/2 4.74 1/4</u></div>
<div><u>HI SD CRN 0.95 4.76 3/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3431 down 0.0031</u></div>
<div><u>Chicago soybeans closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> JAN19 HI 9.09 3/4 NOV19 HI 9.57 3/4</u></div>
<div><u> LOW 8.99 1/4 LOW 9.48 1/4</u></div>
<div><u> CLOSE9.00 Down 7 3/4 CLOSE 9.49 Down 7 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+MAR1+MAR19</u></div>
<div><u>CK Low 2.19 11.19 411.162.39 11.88 436.52</u></div>
<div><u>CK High 2.30 11.30 415.202.40 11.89 436.88</u></div>
<div><u>CK Average 2.28 -0.6011.28 414.402.40 -0.6311.89 436.81</u></div>
<div><u>Essex Cty 2.30 11.30 415.202.45 11.94 438.72</u></div>
<div><u>Mdsx Low 2.23 11.23 412.632.40 11.89 436.88</u></div>
<div><u>Mdsx High 2.30 11.30 415.202.43 11.92 437.99</u></div>
<div><u>Mdsx Average 2.27 -0.6111.27 413.922.42 -0.6211.91 437.43</u></div>
<div><u>Hensall 2.30 11.30 415.202.38 11.87 435.96</u></div>
<div><u>Bruce 2.30 11.30 415.202.35 11.84 435.05</u></div>
<div><u>Putnam 2.30 11.30 415.202.40 11.89 436.88</u></div>
<div><u>Burford 2.23 11.23 412.632.43 11.92 437.99</u></div>
<div><u>Port Perry 2.19 11.19 411.162.39 11.88 436.52</u></div>
<div><u>Norfolk 2.30 11.30 415.202.40 11.89 436.88</u></div>
<div><u>Palmerston 2.35 11.35 417.042.35 11.84 435.05</u></div>
<div><u>Varna 2.30 11.30 415.202.35 11.84 435.05</u></div>
<div><u>Trenton 2.30 11.30 415.202.35 11.84 435.05</u></div>
<div><u>Winchester 2.40 11.40 418.882.30 11.79 433.21</u></div>
<div><u>North Gower 2.50 11.50 422.552.43 11.92 437.99</u></div>
<div><u>Huron FOB 2.40 11.40 418.882.45 11.94 438.72</u></div>
<div><u>Kent FOB 2.40 11.40 418.882.40 11.89 436.88</u></div>
<div><u>Lambton FOB 2.20 11.20 411.532.55 12.04 442.39</u></div>
<div><u>Middlesex FOB2.23 2.39 2.46 2.53 11.23 412.632.53 12.02 441.66</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.73 N/A N/A N/A 11.73 431.002.90 12.39 455.25</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 2.70 11.70 429.902.80 12.29 451.58</u></div>
<div><u>Prescott N/A 2.90 12.39 455.25</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.51 8.49 311.94-0.40 9.09 333.91</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3431 down 0.0031</u></div>
<div><u>Chicago wheat closed moderately lower.</u></div>
<div><u>MAR19 HI 5.33 JUL19 HI 5.45 3/4</u></div>
<div><u> LOW 5.21 1/2 LOW 5.36</u></div>
<div><u> CLOSE 5.22 1/2 Down 10 1/4 CLOSE 5.37 Down 8 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately lower.</u></div>
<div><u>MAR19 HI 5.75 3/4 SEP19 HI 5.95 3/4</u></div>
<div><u> LOW 5.68 LOW 5.89</u></div>
<div><u> CLOSE 5.68 1/2 Down 8 1/4 CLOSE 5.89 Down 8</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 1.32 1.52 1.32 0.81</u></div>
<div><u>CAD $/bu 6.55 6.75 6.55 6.49</u></div>
<div><u>CAD $/tonne 240.58 247.98 240.58 238.61</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 1.40 N/A N/A N/A 1.25 N/A</u></div>
<div><u>London 1.59 1.46 1.33 N/A 1.63 1.50 1.23 N/A</u></div>
<div><u>Hensall 1.60 N/A 1.40 N/A 1.60 N/A 1.25 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.25 N/A</u></div>
<div><u>Bruce 1.30 1.50 1.30 1.00 1.25 1.45 1.20 0.90</u></div>
<div><u>Essex N/A N/A 1.30 N/A N/A N/A 1.20 N/A</u></div>
<div><u>Norwich 1.60 N/A 1.40 N/A 1.60 N/A 1.25 N/A</u></div>
<div><u>Port Hope N/A N/A 1.40 N/A N/A 1.35 1.25 N/A</u></div>
<div><u>Kent Bridge 1.60 N/A 1.40 N/A 1.60 N/A 1.25 N/A</u></div>
<div><u>Chatham N/A N/A 1.30 N/A N/A N/A 1.20 N/A</u></div>
<div><u>Brigden N/A N/A 1.30 N/A N/A N/A 1.20 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 1.60 1.60 1.40 N/A 1.35 1.50 1.25 N/A</u></div>
<div><u>Mitchell 1.60 1.40 1.40 N/A 1.60 1.40 1.25 N/A</u></div>
<div><u>Thornton N/A N/A N/A 0.74 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.30 1.13 0.64 N/A 1.34 1.28 0.55</u></div>
<div><u>W O Feed 1.92</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 1.99 N/A N/A N/A 1.97 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.18US 6.95CA 5.22US 7.00CA</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 1.36 1.43 1.36 0.74</u></div>
<div><u>CAD $/bu 6.73 6.80 6.73 6.63</u></div>
<div><u>CAD $/tonne 247.44 249.90 247.44 243.50</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 492.52</u></div>
<div><u>DDG's FOB Srn & Aylm 150.00 - 165.00</u></div>
<div><u><br>
</u></div>
<p></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><span id="ms-rterangepaste-start"></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;line-height:115%;font-family:
"Courier New";color:#333333;background:#FDFDFD">Blair Andrews</span><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333"><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" id="LPlnk310621" class="OWAAutoLink" previewremoved="true"><span style="font-size:10.0pt;line-height:115%;
font-family:"Courier New";color:#336699;text-decoration:none;text-underline:
none">519-674-1500</span></a><span class="apple-converted-space"><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> </span></span><span style="font-size:10.0pt;
line-height:115%;font-family:"Courier New";color:#333333;background:#FDFDFD">x
63577<span class="apple-converted-space"> </span></span><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333"><br>
<span style="background:#FDFDFD">Fax.<span class="apple-converted-space"> </span></span></span><a href="callto:519-674-1530" id="LPlnk616591" class="OWAAutoLink" previewremoved="true"><span style="font-size:10.0pt;line-height:115%;
font-family:"Courier New";color:#336699;text-decoration:none;text-underline:
none">519-674-1530</span></a><span class="apple-converted-space"><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> </span></span><span style="font-size:10.0pt;
line-height:115%;font-family:"Courier New";color:#333333"><br>
<br>
<span style="background:#FDFDFD">Click on this link:<span class="apple-converted-space"> </span></span></span><span class="object"><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"><span style="font-size:10.0pt;line-height:115%;
font-family:"Courier New";color:#333333;background:#FDFDFD"> </span></span><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> to
unsubscribe from this report.</span><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333"><br>
<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
<span style="background:#FDFDFD">Grain Farmers of Ontario<o:p></o:p></span></span></p>
<span id="ms-rterangepaste-end"></span><br>
<p></p>
</div>
</div>
</div>
<p></p>
</div>
<p></p>
</div>
<p></p>
</div>
<p></p>
</div>
</body>
</html>