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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, December 5<br>
</u></span></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<div><u>(All Bases in CAD)<br>
</u></div>
<div><u>Exchange rate was 1.3175 down 0.0026<br>
</u></div>
<div><u>Chicago corn closed slightly lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 3.79 1/2 DEC20 HI 3.92<br>
</u></div>
<div><u> LOW 3.76 1/4 LOW 3.89 3/4<br>
</u></div>
<div><u> CLOSE3.76 3/4 Down 1 3/4 CLOSE 3.90 1/2 Down 1 1/2<br>
</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP BASIS NEW CROP BASIS<br>
</u></div>
<div><u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt<br>
</u></div>
<div><u>ELEVATORS +MAR20+MAR20+MAY20<br>
</u></div>
<div><u>CK Low 1.25 5.02 197.53 0.90 4.81 189.16<br>
</u></div>
<div><u>CK High 1.25 5.02 197.53 0.95 4.86 191.13<br>
</u></div>
<div><u>CK Avg 1.25 0.04 5.02 197.53 0.91 -0.25 4.81 189.49<br>
</u></div>
<div><u>Essex Cty 1.25 5.02 197.53 0.90 4.81 189.16<br>
</u></div>
<div><u>Mdsx Low 1.25 5.02 197.53 0.90 4.81 189.16<br>
</u></div>
<div><u>Mdsx High 1.25 5.02 197.53 0.90 4.81 189.16<br>
</u></div>
<div><u>Mdsx Avg 1.25 0.04 5.02 197.53 0.90 -0.26 4.81 189.16<br>
</u></div>
<div><u>Hensall 1.28 5.04 198.51 0.93 4.83 190.15<br>
</u></div>
<div><u>Bruce 1.25 5.02 197.53 0.90 4.81 189.16<br>
</u></div>
<div><u>Putnam 1.25 5.02 197.53 0.90 4.81 189.16<br>
</u></div>
<div><u>Burford 1.25 5.02 197.53 0.90 4.81 189.16<br>
</u></div>
<div><u>Port Perry 1.30 5.07 199.50 0.90 4.81 189.16<br>
</u></div>
<div><u>Norfolk 1.25 5.02 197.53 0.90 4.81 189.16<br>
</u></div>
<div><u>Palmerston 1.27 5.04 198.32 0.85 4.76 187.20<br>
</u></div>
<div><u>Varna 1.25 5.02 197.53 0.90 4.81 189.16<br>
</u></div>
<div><u>Trenton 1.30 5.07 199.50 0.90 4.81 189.16<br>
</u></div>
<div><u>Winchester 1.35 5.12 201.47 0.90 4.81 189.16<br>
</u></div>
<div><u>North Gower 1.34 5.11 201.07 1.05 4.96 195.07<br>
</u></div>
<div><u>Huron FOB 1.38 5.15 202.65 0.92 4.83 189.95<br>
</u></div>
<div><u>Kent FOB 1.35 5.12 201.47 0.95 4.86 191.13<br>
</u></div>
<div><u>Lamb FOB 1.35 5.12 201.47 1.00 4.91 193.10<br>
</u></div>
<div><u>Mdsx FOB 1.40 1.40N/A N/A 5.17 203.44 0.90 4.81 189.16<br>
</u></div>
<div><u>FOB SW Que 1.96 5.73 225.48N/A<br>
</u></div>
<div><u>Track 1.67 5.44 214.06N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.17 5.08 199.79<br>
</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.42 5.33 209.64<br>
</u></div>
<div><u>Aylmer-Eth N/A N/A 1.69 1.68 1.15 5.06 199.01<br>
</u></div>
<div><u>Sarn-Eth N/A 1.55 1.60 1.60 N/A<br>
</u></div>
<div><u>London-Ing N/A 1.75 1.75 1.75 1.25 5.16 202.94<br>
</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A N/A<br>
</u></div>
<div><u>Cardnl-Ing N/A 1.75 1.75 1.75 1.30 5.21 204.91<br>
</u></div>
<div><u>W O Feed 1.80 5.57 219.34<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.18 5.95 234.14<br>
</u></div>
<div><u>Toledo El. 0.26 4.03 158.69 -0.26 3.64 143.36<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.60 5.37 211.31N/A<br>
</u></div>
<div><u>Prescott 1.60 5.37 211.31N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.25 5.01 3/4<br>
</u></div>
<div><u>*Wet Bid<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3175 down 0.0026<br>
</u></div>
<div><u>Chicago soybeans closed slightly higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JAN20 HI 8.88 3/4 NOV20 HI 9.37<br>
</u></div>
<div><u> LOW 8.77 1/4 LOW 9.28<br>
</u></div>
<div><u> CLOSE8.84 1/4 Up 6 1/4 CLOSE 9.33 Up 3 3/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP NEW CROP<br>
</u></div>
<div><u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt<br>
</u></div>
<div><u>ELEVATORS +JAN2+MAR2+MAR20<br>
</u></div>
<div><u>CK Low 2.18 11.02 405.012.14 11.47 421.45<br>
</u></div>
<div><u>CK High 2.30 11.14 409.422.20 11.53 423.65<br>
</u></div>
<div><u>CK Average 2.23 -0.4411.07 406.842.17 -0.6111.50 422.37<br>
</u></div>
<div><u>Essex Cty 2.25 11.09 407.582.15 11.48 421.82<br>
</u></div>
<div><u>Mdsx Low 2.16 11.00 404.272.12 11.45 420.72<br>
</u></div>
<div><u>Mdsx High 2.20 11.04 405.742.15 11.48 421.82<br>
</u></div>
<div><u>Mdsx Average 2.18 -0.4811.02 405.012.14 -0.6311.47 421.27<br>
</u></div>
<div><u>Hensall 2.20 11.04 405.742.15 11.48 421.82<br>
</u></div>
<div><u>Bruce 2.20 11.04 405.742.15 11.48 421.82<br>
</u></div>
<div><u>Putnam 2.20 11.04 405.742.15 11.48 421.82<br>
</u></div>
<div><u>Burford 2.23 11.07 406.842.19 11.52 423.29<br>
</u></div>
<div><u>Port Perry 2.18 11.02 405.012.14 11.47 421.45<br>
</u></div>
<div><u>Norfolk 2.25 11.09 407.582.15 11.48 421.82<br>
</u></div>
<div><u>Palmerston 2.16 11.00 404.272.20 11.53 423.65<br>
</u></div>
<div><u>Varna 2.20 11.04 405.742.15 11.48 421.82<br>
</u></div>
<div><u>Trenton 2.25 11.09 407.582.20 11.53 423.65<br>
</u></div>
<div><u>Winchester 2.30 11.14 409.422.20 11.53 423.65<br>
</u></div>
<div><u>North Gower 2.20 11.04 405.742.20 11.53 423.65<br>
</u></div>
<div><u>Huron FOB 2.35 11.19 411.252.25 11.58 425.49<br>
</u></div>
<div><u>Kent FOB 2.40 11.24 413.092.15 11.48 421.82<br>
</u></div>
<div><u>Lambton FOB 2.50 11.34 416.772.20 11.53 423.65<br>
</u></div>
<div><u>Middlesex FOB2.45 2.25 N/A N/A 11.29 414.932.21 11.54 424.02<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor N/A 2.43 11.76 432.11<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 2.80 11.64 427.792.55 11.88 436.52<br>
</u></div>
<div><u>Prescott N/A N/A<br>
</u></div>
<div><u>Port Colborne2.67 11.51 423.012.55 11.88 436.52<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.03 8.82 323.94-0.46 8.87 325.87<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3175 down 0.0026<br>
</u></div>
<div><u>Chicago wheat closed slightly lower.<br>
</u></div>
<div><u>MAR20 HI 5.30 JUL20 HI 5.34 1/2<br>
</u></div>
<div><u> LOW 5.22 3/4 LOW 5.29 1/4<br>
</u></div>
<div><u> CLOSE 5.23 3/4 Down 3 3/4 CLOSE 5.30 Down 2 3/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.<br>
</u></div>
<div><u>MAR20 HI 5.20 SEP20 HI 5.50 1/2<br>
</u></div>
<div><u> LOW 5.13 1/4 LOW 5.41 3/4<br>
</u></div>
<div><u> CLOSE 5.13 3/4 Down 1 1/4 CLOSE 5.42 Down 3/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash Wheat Prices - DEL Terminal<br>
</u></div>
<div><u>Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)<br>
</u></div>
<div><u>Basis 2.12 2.32 1.99 1.24<br>
</u></div>
<div><u>CAD $/bu 7.36 7.56 7.23 6.37<br>
</u></div>
<div><u>CAD $/tonne 270.49 277.76 265.65 234.19<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2019 Harvest 2020<br>
</u></div>
<div><u> DELIVERED BASIS DELIVERED BASIS<br>
</u></div>
<div><u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)<br>
</u></div>
<div><u>ELEVATORS<br>
</u></div>
<div><u>Brgssvll N/A N/A 1.85 N/A N/A N/A 1.25 N/A<br>
</u></div>
<div><u>London 1.80 2.19 1.66 N/A 1.35 1.61 1.15 N/A<br>
</u></div>
<div><u>Hensall 1.85 N/A 1.85 N/A 1.40 N/A 1.25 N/A<br>
</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.40 N/A<br>
</u></div>
<div><u>Bruce 1.75 2.15 1.75 1.65 1.40 1.60 1.20 1.10<br>
</u></div>
<div><u>Essex N/A N/A 1.75 N/A N/A N/A 1.20 N/A<br>
</u></div>
<div><u>Norwich 1.85 N/A 1.85 N/A 1.40 N/A 1.25 N/A<br>
</u></div>
<div><u>Port Hope N/A N/A 1.80 N/A N/A N/A 1.40 N/A<br>
</u></div>
<div><u>Kent Bridge 1.85 N/A 1.85 N/A 1.40 N/A 1.25 N/A<br>
</u></div>
<div><u>Chatham N/A N/A 1.75 N/A N/A N/A 1.20 N/A<br>
</u></div>
<div><u>Brigden N/A N/A 1.75 N/A N/A N/A 1.20 N/A<br>
</u></div>
<div><u>Palmerston N/A N/A 1.73 1.31 N/A N/A 1.24 0.94<br>
</u></div>
<div><u>Varna 1.85 2.15 1.75 N/A 1.40 1.60 1.20 N/A<br>
</u></div>
<div><u>Mitchell 1.85 2.20 1.85 N/A 1.40 1.65 1.25 N/A<br>
</u></div>
<div><u>Thornton N/A N/A N/A 1.80 N/A N/A N/A N/A<br>
</u></div>
<div><u>North Gower N/A 1.82 1.65 0.90 N/A 1.56 1.41 0.85<br>
</u></div>
<div><u>W O Feed 2.37<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 2.07 N/A N/A N/A 1.55 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 2.06 N/A N/A N/A 1.68 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.39US 7.10CA 5.40US 7.12CA<br>
</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal<br>
</u></div>
<div><u>Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)<br>
</u></div>
<div><u>Basis 1.49 1.75 1.42 0.93<br>
</u></div>
<div><u>CAD $/bu 6.79 7.05 6.72 6.35<br>
</u></div>
<div><u>CAD $/tonne 249.38 259.07 246.96 233.40<br>
</u></div>
<div><u><br>
</u></div>
<div><u>(C)-Basis over the Chicago Board of Trade futures<br>
</u></div>
<div><u>(M)-Basis over the Minneapolis Grain Exchange<br>
</u></div>
<div><u><br>
</u></div>
<div><u>FEED GRAINS<br>
</u></div>
<div><u>FOB Hm Soymeal 481.17<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 195.00 - 205.00<br>
</u></div>
<u><span></span><br>
</u></div>
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<div><u><span style="font-family:"Courier New",monospace; font-size:10pt"></span></u></div>
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<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif">
<span style="font-size:10.0pt;font-family:"Courier New""><br>
</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif">
<span style="font-size:10.0pt;font-family:"Courier New"">Blair Andrews</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif">
<span style="font-size:10.0pt;font-family:"Courier New"">Editor, AgriLink and Farm Market News
</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif">
<span style="font-size:10.0pt;font-family:"Courier New"">University of Guelph, Ridgetown Campus</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif">
<span style="font-size:10.0pt;font-family:"Courier New""><o:p> </o:p></span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif">
<span style="font-size:10.0pt;font-family:"Courier New"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes">
</span></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
</span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">Fax. 519-674-1530<br>
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