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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, December 12<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 1.3184 up 0.0014<br>
</u></div>
<div><u>Chicago corn closed moderately higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 3.80 1/4 DEC20 HI 3.96 1/4<br>
</u></div>
<div><u> LOW 3.71 1/4 LOW 3.88<br>
</u></div>
<div><u> CLOSE3.77 3/4 Up 6 1/2 CLOSE 3.93 1/4 Up 5 1/4<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 5.03 197.92 0.90 4.83 190.25<br>
</u></div>
<div><u>CK High 1.25 5.03 197.92 0.95 4.88 192.22<br>
</u></div>
<div><u>CK Avg 1.25 0.04 5.03 197.92 0.91 -0.26 4.84 190.58<br>
</u></div>
<div><u>Essex Cty 1.25 5.03 197.92 0.90 4.83 190.25<br>
</u></div>
<div><u>Mdsx Low 1.25 5.03 197.92 0.90 4.83 190.25<br>
</u></div>
<div><u>Mdsx High 1.25 5.03 197.92 0.90 4.83 190.25<br>
</u></div>
<div><u>Mdsx Avg 1.25 0.04 5.03 197.92 0.90 -0.26 4.83 190.25<br>
</u></div>
<div><u>Hensall 1.28 5.05 198.91 0.93 4.86 191.23<br>
</u></div>
<div><u>Bruce 1.25 5.03 197.92 0.90 4.83 190.25<br>
</u></div>
<div><u>Putnam 1.25 5.03 197.92 0.90 4.83 190.25<br>
</u></div>
<div><u>Burford 1.25 5.03 197.92 0.90 4.83 190.25<br>
</u></div>
<div><u>Port Perry 1.30 5.08 199.89 0.90 4.83 190.25<br>
</u></div>
<div><u>Norfolk 1.25 5.03 197.92 0.90 4.83 190.25<br>
</u></div>
<div><u>Palmerston 1.27 5.05 198.71 0.85 4.78 188.28<br>
</u></div>
<div><u>Varna 1.25 5.03 197.92 0.90 4.83 190.25<br>
</u></div>
<div><u>Trenton 1.40 5.18 203.83 0.90 4.83 190.25<br>
</u></div>
<div><u>Winchester 1.36 5.14 202.25 0.91 4.84 190.64<br>
</u></div>
<div><u>North Gower 1.37 5.15 202.65 1.07 5.00 196.94<br>
</u></div>
<div><u>Huron FOB 1.42 5.20 204.62 0.92 4.85 191.03<br>
</u></div>
<div><u>Kent FOB 1.35 5.13 201.86 0.95 4.88 192.22<br>
</u></div>
<div><u>Lamb FOB 1.35 5.13 201.86 1.00 4.93 194.18<br>
</u></div>
<div><u>Mdsx FOB 1.40 1.40N/A N/A 5.18 203.83 0.90 4.83 190.25<br>
</u></div>
<div><u>FOB SW Que 2.10 5.88 231.39 1.71 5.64 222.14<br>
</u></div>
<div><u>Track 1.68 5.45 214.66N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.13 5.06 199.30<br>
</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.38 5.31 209.14<br>
</u></div>
<div><u>Aylmer-Eth N/A N/A 1.69 1.68 1.15 5.08 200.09<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 N/A 1.80 1.80 1.30 5.23 205.99<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 1.80 1.85 1.85 1.35 5.28 207.96<br>
</u></div>
<div><u>W O Feed 1.79 5.56 218.99<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.20 5.98 235.32<br>
</u></div>
<div><u>Toledo El. 0.26 4.04 159.09 -0.26 3.67 144.44<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.60 5.38 211.70N/A<br>
</u></div>
<div><u>Prescott 1.65 5.43 213.67 1.45 5.38211 8/9<br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.25 5.02 3/4<br>
</u></div>
<div><u>HI SD CRN 1.25 5.02 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 1.3184 up 0.0014<br>
</u></div>
<div><u>Chicago soybeans closed slightly higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JAN20 HI 9.01 3/4 NOV20 HI 9.47<br>
</u></div>
<div><u> LOW 8.88 1/4 LOW 9.36 3/4<br>
</u></div>
<div><u> CLOSE8.98 1/4 Up 4 3/4 CLOSE 9.43 1/4 Up 2 1/4<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 11.16 410.152.19 11.62 427.05<br>
</u></div>
<div><u>CK High 2.30 11.28 414.562.25 11.68 429.26<br>
</u></div>
<div><u>CK Average 2.26 -0.4611.24 412.912.21 -0.6011.64 427.67<br>
</u></div>
<div><u>Essex Cty 2.20 11.18 410.892.20 11.63 427.42<br>
</u></div>
<div><u>Mdsx Low 2.16 11.14 409.422.17 11.60 426.32<br>
</u></div>
<div><u>Mdsx High 2.25 11.23 412.722.20 11.63 427.42<br>
</u></div>
<div><u>Mdsx Average 2.21 -0.5011.19 411.072.19 -0.6111.62 426.87<br>
</u></div>
<div><u>Hensall 2.28 11.26 413.642.23 11.66 428.34<br>
</u></div>
<div><u>Bruce 2.30 11.28 414.562.25 11.68 429.26<br>
</u></div>
<div><u>Putnam 2.25 11.23 412.722.20 11.63 427.42<br>
</u></div>
<div><u>Burford 2.23 11.21 411.992.24 11.67 428.89<br>
</u></div>
<div><u>Port Perry 2.18 11.16 410.152.19 11.62 427.05<br>
</u></div>
<div><u>Norfolk 2.25 11.23 412.722.20 11.63 427.42<br>
</u></div>
<div><u>Palmerston 2.20 11.18 410.892.20 11.63 427.42<br>
</u></div>
<div><u>Varna 2.30 11.28 414.562.25 11.68 429.26<br>
</u></div>
<div><u>Trenton 2.30 11.28 414.562.25 11.68 429.26<br>
</u></div>
<div><u>Winchester 2.30 11.28 414.562.21 11.64 427.79<br>
</u></div>
<div><u>North Gower 2.23 11.21 411.992.22 11.65 428.16<br>
</u></div>
<div><u>Huron FOB 2.45 11.43 420.072.35 11.78 432.93<br>
</u></div>
<div><u>Kent FOB 2.40 11.38 418.242.20 11.63 427.42<br>
</u></div>
<div><u>Lambton FOB 2.50 11.48 421.912.30 11.73 431.10<br>
</u></div>
<div><u>Middlesex FOB2.42 2.29 2.26 N/A 11.40 418.972.30 11.73 431.10<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 2.75 11.73 431.102.48 11.91 437.71<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 2.85 11.83 434.772.60 12.03 442.12<br>
</u></div>
<div><u>Prescott N/A 2.25 11.68 429.26<br>
</u></div>
<div><u>Port Colborne2.70 11.68 429.262.71 12.14 446.16<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.03 8.96 329.08-0.46 8.97 329.64<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3184 up 0.0014<br>
</u></div>
<div><u>Chicago wheat closed moderately higher.<br>
</u></div>
<div><u>MAR20 HI 5.34 1/4 JUL20 HI 5.39 3/4<br>
</u></div>
<div><u> LOW 5.16 1/4 LOW 5.23 1/4<br>
</u></div>
<div><u> CLOSE 5.30 1/4 Up 11 CLOSE 5.36 Up 10<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.<br>
</u></div>
<div><u>MAR20 HI 5.28 1/2 SEP20 HI 5.54 1/4<br>
</u></div>
<div><u> LOW 5.17 LOW 5.48 3/4<br>
</u></div>
<div><u> CLOSE 5.23 Up 4 3/4 CLOSE 5.49 Up 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 2.15 2.35 2.02 1.27<br>
</u></div>
<div><u>CAD $/bu 7.45 7.65 7.32 6.50<br>
</u></div>
<div><u>CAD $/tonne 273.82 281.09 268.98 238.82<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 1.79 2.18 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 1.70 N/A N/A N/A 1.15 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 1.85 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 1.70 N/A N/A N/A 1.15 N/A<br>
</u></div>
<div><u>Brigden N/A N/A 1.70 N/A N/A N/A 1.15 N/A<br>
</u></div>
<div><u>Palmerston N/A N/A 1.75 1.33 N/A N/A 1.25 0.95<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 1.75 1.75 1.00 N/A 1.66 1.46 0.90<br>
</u></div>
<div><u>W O Feed 2.38<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 2.06 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 2.08 N/A N/A N/A 1.70 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.45US 7.19CA 5.46US 7.19CA<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 1.50 1.77 1.44 0.95<br>
</u></div>
<div><u>CAD $/bu 6.86 7.13 6.80 6.44<br>
</u></div>
<div><u>CAD $/tonne 252.19 261.87 249.77 236.70<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 473.12<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 210.00 - 215.00<br>
</u></div>
<div><u><br>
</u></div>
<u><span></span><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size: 10pt; 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>
<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"">Tel. 519-674-1500 x 63577
</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
<br>
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unsubscribe from this report.</span><br>
<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</span></span></p>
<p style="text-decoration-line: underline; margin: 0in 0in 10pt; line-height: 115%; font-size: 11pt; font-family: Calibri, sans-serif;">
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