FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, November 22 (All Bases in CAD) Exchange rate was 1.3294 up 0.0015 Chicago corn closed narrowly mixed. DEC19 HI 3.70 1/4 DEC20 HI 3.94 1/2 LOW 3.67 1/2 LOW 3.92 1/4 CLOSE3.68 3/4 Up 1/4 CLOSE 3.92 1/2 Down 1 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR20+MAR20+MAR20 CK Low 1.35 5.04 198.32 0.90 4.83 189.95 CK High 1.40 5.09 200.29 0.95 4.88 191.92 CK Avg 1.36 0.11 5.05 198.65 0.91 -0.29 4.83 190.28 Essex Cty 1.35 5.04 198.32 0.90 4.83 189.95 Mdsx Low 1.35 5.04 198.32 0.90 4.83 189.95 Mdsx High 1.35 5.04 198.32 0.90 4.83 189.95 Mdsx Avg 1.35 0.10 5.04 198.32 0.90 -0.29 4.83 189.95 Hensall 1.35 5.04 198.32 0.93 4.85 190.94 Bruce 1.35 5.04 198.32 0.90 4.83 189.95 Putnam 1.35 5.04 198.32 0.90 4.83 189.95 Burford 1.35 5.04 198.32 0.90 4.83 189.95 Port Perry 1.35 5.04 198.32 0.90 4.83 189.95 Norfolk 1.35 5.04 198.32 0.90 4.83 189.95 Palmerston 1.35 5.04 198.32 0.89 4.82 189.56 Varna 1.35 5.04 198.32 0.90 4.83 189.95 Trenton 1.35 5.04 198.32 0.90 4.83 189.95 Winchester 1.42 5.11 201.07 1.11 5.04 198.22 North Gower 1.43 5.12 201.47 1.10 5.03 197.83 Huron FOB 1.40 5.09 200.29 0.95 4.88 191.92 Kent FOB 1.35 5.04 198.32 0.95 4.88 191.92 Lamb FOB 1.35 5.04 198.32 1.00 4.93 193.89 Mdsx FOB 1.40 1.40 1.00N/A 5.09 200.29 1.00 4.93 193.89 FOB SW Que 1.99 5.68 223.51N/A Track 1.65 5.33 209.93N/A PROCESSORS Chat-Eth N/A N/A N/A N/A 1.17 5.10 200.58 Jhnstwn-Eth N/A N/A N/A N/A 1.42 5.35 210.42 Aylmer-Eth N/A N/A N/A N/A 1.15 5.08 199.79 Sarn-Eth N/A N/A 1.60 1.60 N/A London-Ing N/A 1.70 1.75 1.75 1.25 5.18 203.73 Pt.Colb-Ing N/A N/A N/A N/A N/A Cardnl-Ing N/A N/A 1.75 1.75 1.30 5.23 205.70 W O Feed 1.81 5.50 216.53 US Rep 2.28 5.97 234.93 Toledo El. 0.40 4.09 160.87 -0.27 3.66 144.06 TRANSFER Pt. Colb 1.60 5.29 208.16N/A Prescott 1.50 5.19 204.22N/A HI SD CRN 1.40 5.08 3/4 *Wet Bid Exchange rate was 1.3294 up 0.0015 Chicago soybeans closed slightly lower. JAN20 HI 9.03 1/2 NOV20 HI 9.45 LOW 8.95 1/2 LOW 9.40 CLOSE8.97 Down 4 CLOSE 9.42 1/2 Down 2 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JAN2+JAN2+MAR20 CK Low 2.30 11.27 414.102.23 11.66 428.25 CK High 2.31 11.28 414.472.25 11.68 428.98 CK Average 2.30 -0.4911.27 414.162.25 -0.6411.67 428.86 Essex Cty 2.30 11.27 414.102.25 11.68 428.98 Mdsx Low 2.29 11.26 413.732.21 11.64 427.51 Mdsx High 2.30 11.27 414.102.25 11.68 428.98 Mdsx Average 2.30 -0.5011.27 413.922.23 -0.6511.66 428.25 Hensall 2.30 11.27 414.102.23 11.65 428.06 Bruce 2.25 11.22 412.262.25 11.68 428.98 Putnam 2.30 11.27 414.102.25 11.68 428.98 Burford 2.36 11.33 416.312.28 11.71 430.09 Port Perry 2.31 11.28 414.472.23 11.66 428.25 Norfolk 2.30 11.27 414.102.25 11.68 428.98 Palmerston 2.16 11.13 408.962.09 11.52 423.10 Varna 2.30 11.27 414.102.20 11.63 427.15 Trenton 2.30 11.27 414.102.20 11.63 427.15 Winchester 2.29 11.26 413.732.25 11.68 428.98 North Gower 2.26 11.23 412.632.28 11.71 430.09 Huron FOB 2.45 11.42 419.612.30 11.73 430.82 Kent FOB 2.50 11.47 421.452.25 11.68 428.98 Lambton FOB 2.50 11.47 421.452.30 11.73 430.82 Middlesex FOB2.48 2.42 2.28 N/A 11.45 420.722.34 11.77 432.29 PROCESSORS Windsor 2.69 11.66 428.432.57 12.00 440.74 TRANSFER Hamilton 2.85 11.82 434.312.70 12.13 445.52 Prescott 2.40 11.37 417.78 N/A Port Colborne2.89 11.86 435.782.64 12.07 443.31 Toledo El. -0.20 8.77 322.26-0.47 8.96 329.22 Exchange rate was 1.3294 up 0.0015 Chicago wheat closed slightly to moderately higher. DEC19 HI 5.18 1/2 JUL20 HI 5.27 LOW 5.08 1/4 LOW 5.17 1/2 CLOSE 5.15 1/4 Up 6 1/4 CLOSE 5.24 Up 6 1/4 Minni wheat closed slightly lower. DEC19 HI 4.98 1/4 SEP20 HI 5.41 3/4 LOW 4.92 1/2 LOW 5.37 1/4 CLOSE 4.92 3/4 Down 2 1/2 CLOSE 5.37 1/4 Down 4 GFO Cash Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 2.16 2.36 2.03 1.22 CAD $/bu 7.32 7.51 7.18 6.15 CAD $/tonne 268.79 276.12 263.90 226.05 Direct MarkHarvest 2019 Harvest 2020 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 1.70 N/A N/A N/A 1.15 N/A London 1.81 2.07 1.68 N/A 1.37 1.64 1.17 N/A Hensall 1.70 N/A 1.70 N/A 1.35 N/A 1.15 N/A Trenton N/A N/A N/A N/A N/A N/A 1.40 N/A Bruce 1.70 2.05 1.70 1.50 1.35 1.55 1.15 1.05 Essex N/A N/A 1.65 N/A N/A N/A 1.15 N/A Norwich 1.70 N/A 1.70 N/A 1.35 N/A 1.15 N/A Port Hope N/A N/A 1.70 N/A N/A N/A 1.40 N/A Kent Bridge 1.70 N/A 1.70 N/A 1.35 N/A 1.15 N/A Chatham N/A N/A 1.65 N/A N/A N/A 1.15 N/A Brigden N/A N/A 1.65 N/A N/A N/A 1.15 N/A Palmerston N/A N/A 1.70 1.50 N/A N/A 1.15 0.91 Varna 1.80 2.10 1.70 N/A 1.35 1.55 1.15 N/A Mitchell 1.70 2.00 1.70 N/A 1.35 1.55 1.15 N/A Thornton N/A N/A N/A 1.98 N/A N/A N/A N/A North Gower N/A 1.90 1.70 1.00 N/A 1.57 1.37 0.90 W O Feed 2.34 TERMINAL Port Colbor 2.15 2.42 2.08 N/A N/A N/A 1.57 N/A PROCESSORS Toledo FM N/A N/A 2.16 N/A N/A N/A 1.72 N/A Toledo El. 5.33US 7.09CA 5.24US 6.96CA GFO Contract Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.52 1.79 1.46 0.97 CAD $/bu 6.76 7.03 6.70 6.34 CAD $/tonne 248.51 258.27 246.06 233.00 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 473.12 DDG's FOB Srn & Aylm 185.00 - 190.00