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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, December 16<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 1.3154 down 0.0034<br>
</u></div>
<div><u>Chicago corn closed moderately higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 3.89 1/2 DEC20 HI 4.01 1/2<br>
</u></div>
<div><u> LOW 3.83 1/4 LOW 3.96 1/4<br>
</u></div>
<div><u> CLOSE3.88 Up 7 CLOSE 4.00 1/4 Up 5<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 5.13 201.96 0.90 4.90 193.00<br>
</u></div>
<div><u>CK High 1.35 5.23 205.90 0.95 4.95 194.97<br>
</u></div>
<div><u>CK Avg 1.28 0.04 5.16 202.94 0.91 -0.26 4.91 193.33<br>
</u></div>
<div><u>Essex Cty 1.30 5.18 203.93 0.90 4.90 193.00<br>
</u></div>
<div><u>Mdsx Low 1.25 5.13 201.96 0.90 4.90 193.00<br>
</u></div>
<div><u>Mdsx High 1.25 5.13 201.96 0.90 4.90 193.00<br>
</u></div>
<div><u>Mdsx Avg 1.25 0.02 5.13 201.96 0.90 -0.27 4.90 193.00<br>
</u></div>
<div><u>Hensall 1.28 5.16 202.94 0.93 4.93 193.99<br>
</u></div>
<div><u>Bruce 1.25 5.13 201.96 0.90 4.90 193.00<br>
</u></div>
<div><u>Putnam 1.25 5.13 201.96 0.90 4.90 193.00<br>
</u></div>
<div><u>Burford 1.25 5.13 201.96 0.90 4.90 193.00<br>
</u></div>
<div><u>Port Perry 1.35 5.23 205.90 0.90 4.90 193.00<br>
</u></div>
<div><u>Norfolk 1.30 5.18 203.93 0.90 4.90 193.00<br>
</u></div>
<div><u>Palmerston 1.28 5.16 203.14 0.86 4.86 191.43<br>
</u></div>
<div><u>Varna 1.25 5.13 201.96 0.90 4.90 193.00<br>
</u></div>
<div><u>Trenton 1.40 5.28 207.86 0.90 4.90 193.00<br>
</u></div>
<div><u>Winchester 1.40 5.28 207.86 1.25 5.25 206.78<br>
</u></div>
<div><u>North Gower 1.32 5.20 204.71 1.07 5.07 199.70<br>
</u></div>
<div><u>Huron FOB 1.42 5.30 208.65 0.92 4.92 193.79<br>
</u></div>
<div><u>Kent FOB 1.40 5.28 207.86 0.95 4.95 194.97<br>
</u></div>
<div><u>Lamb FOB 1.35 5.23 205.90 1.00 5.00 196.94<br>
</u></div>
<div><u>Mdsx FOB 1.40 1.40N/A N/A 5.28 207.86 0.90 4.90 193.00<br>
</u></div>
<div><u>FOB SW Que 2.16 6.04 237.78 1.71 5.71 224.89<br>
</u></div>
<div><u>Track 1.72 5.60 220.27N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.13 5.13 202.06<br>
</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.39 5.39 212.29<br>
</u></div>
<div><u>Aylmer-Eth N/A N/A 1.69 1.68 1.15 5.15 202.84<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 5.30 208.75<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 N/A 1.85 1.80 1.35 5.35 210.72<br>
</u></div>
<div><u>W O Feed 1.82 5.70 224.24<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.21 6.09 239.75<br>
</u></div>
<div><u>Toledo El. 0.26 4.14 163.11 -0.26 3.74 147.23<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.60 5.48 215.74N/A<br>
</u></div>
<div><u>Prescott 1.65 5.53 217.71 1.45 5.45214 2/3<br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.30 5.18<br>
</u></div>
<div><u>HI SD CRN 1.35 5.23<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 1.3154 down 0.0034<br>
</u></div>
<div><u>Chicago soybeans closed slightly to moderately higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JAN20 HI 9.22 3/4 NOV20 HI 9.63 1/2<br>
</u></div>
<div><u> LOW 9.12 1/2 LOW 9.54<br>
</u></div>
<div><u> CLOSE9.22 Up 14 1/2 CLOSE 9.62 1/2 Up 11 1/2<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 2.23 11.45 420.722.20 11.83 434.49<br>
</u></div>
<div><u>CK High 2.30 11.52 423.292.25 11.88 436.33<br>
</u></div>
<div><u>CK Average 2.26 -0.5011.48 421.632.21 -0.6211.84 434.86<br>
</u></div>
<div><u>Essex Cty 2.20 11.42 419.612.20 11.83 434.49<br>
</u></div>
<div><u>Mdsx Low 2.21 11.43 419.982.19 11.82 434.13<br>
</u></div>
<div><u>Mdsx High 2.25 11.47 421.452.20 11.83 434.49<br>
</u></div>
<div><u>Mdsx Average 2.23 -0.5211.45 420.722.20 -0.6311.82 434.31<br>
</u></div>
<div><u>Hensall 2.25 11.47 421.452.23 11.85 435.41<br>
</u></div>
<div><u>Bruce 2.20 11.42 419.612.15 11.78 432.66<br>
</u></div>
<div><u>Putnam 2.25 11.47 421.452.20 11.83 434.49<br>
</u></div>
<div><u>Burford 2.28 11.50 422.552.26 11.89 436.70<br>
</u></div>
<div><u>Port Perry 2.23 11.45 420.722.21 11.84 434.86<br>
</u></div>
<div><u>Norfolk 2.25 11.47 421.452.20 11.83 434.49<br>
</u></div>
<div><u>Palmerston 2.24 11.46 421.082.23 11.86 435.60<br>
</u></div>
<div><u>Varna 2.25 11.47 421.452.20 11.83 434.49<br>
</u></div>
<div><u>Trenton 2.25 11.47 421.452.20 11.83 434.49<br>
</u></div>
<div><u>Winchester 2.30 11.52 423.292.20 11.83 434.49<br>
</u></div>
<div><u>North Gower 2.17 11.39 418.512.17 11.80 433.39<br>
</u></div>
<div><u>Huron FOB 2.40 11.62 426.962.30 11.93 438.17<br>
</u></div>
<div><u>Kent FOB 2.40 11.62 426.962.20 11.83 434.49<br>
</u></div>
<div><u>Lambton FOB 2.50 11.72 430.642.25 11.88 436.33<br>
</u></div>
<div><u>Middlesex FOB2.47 2.47 2.30 N/A 11.69 429.532.32 11.95 438.90<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 2.80 12.02 441.662.51 12.14 445.88<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 2.85 12.07 443.502.60 12.23 449.19<br>
</u></div>
<div><u>Prescott N/A 2.25 11.88 436.33<br>
</u></div>
<div><u>Port Colborne2.75 11.97 439.822.73 12.36 453.97<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.03 9.19 337.81-0.46 9.17 336.76<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3154 down 0.0034<br>
</u></div>
<div><u>Chicago wheat closed moderately higher to higher.<br>
</u></div>
<div><u>MAR20 HI 5.56 3/4 JUL20 HI 5.58<br>
</u></div>
<div><u> LOW 5.34 3/4 LOW 5.39<br>
</u></div>
<div><u> CLOSE 5.49 3/4 Up 17 1/4 CLOSE 5.51 1/4 Up 13 1/2<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately higher.<br>
</u></div>
<div><u>MAR20 HI 5.43 1/4 SEP20 HI 5.65 1/2<br>
</u></div>
<div><u> LOW 5.26 LOW 5.57 1/2<br>
</u></div>
<div><u> CLOSE 5.37 Up 11 1/4 CLOSE 5.61 1/4 Up 9 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 2.19 2.39 2.06 1.30<br>
</u></div>
<div><u>CAD $/bu 7.69 7.89 7.56 6.67<br>
</u></div>
<div><u>CAD $/tonne 282.62 289.87 277.78 245.04<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 1.81 2.21 1.81 N/A 1.37 1.63 1.17 N/A<br>
</u></div>
<div><u>Hensall 1.80 N/A 1.80 N/A 1.40 N/A 1.20 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 1.15 N/A<br>
</u></div>
<div><u>Norwich 1.80 N/A 1.80 N/A 1.40 N/A 1.20 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 1.80 N/A 1.80 N/A 1.40 N/A 1.20 N/A<br>
</u></div>
<div><u>Chatham N/A N/A 1.75 N/A N/A N/A 1.15 N/A<br>
</u></div>
<div><u>Brigden N/A N/A 1.75 N/A N/A N/A 1.15 N/A<br>
</u></div>
<div><u>Palmerston N/A N/A 1.79 1.69 N/A N/A 1.26 1.12<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 1.80 2.15 1.80 N/A 1.40 1.60 1.20 N/A<br>
</u></div>
<div><u>Thornton N/A N/A N/A 1.89 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 1.59 1.34 0.85<br>
</u></div>
<div><u>W O Feed 2.45<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 2.16 N/A N/A N/A 1.57 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 2.13 N/A N/A N/A 1.73 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.65US 7.43CA 5.61US 7.37CA<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 1.53 1.80 1.47 0.97<br>
</u></div>
<div><u>CAD $/bu 7.04 7.31 6.98 6.58<br>
</u></div>
<div><u>CAD $/tonne 258.85 268.51 256.44 241.96<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 480.95<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>
<span style="background: rgb(253, 253, 253);">Click on this link:<span><span style="color:#333333"> </span></span></span><span style="color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span><span style="color:#333333;background:#FDFDFD"> </span><span style="background: rgb(253, 253, 253);"> to
unsubscribe from this report.</span><br>
<span style="background: rgb(253, 253, 253);">This Farm Market News product is sponsored by:</span><br>
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