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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, December 17<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 1.3157 up 0.0003<br>
</u></div>
<div><u>Chicago corn closed slightly higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 3.90 1/2 DEC20 HI 4.02 1/4<br>
</u></div>
<div><u> LOW 3.86 1/4 LOW 3.99 1/2<br>
</u></div>
<div><u> CLOSE3.90 Up 2 CLOSE 4.02 Up 1 3/4<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 5.15 202.75 0.90 4.92 193.69<br>
</u></div>
<div><u>CK High 1.35 5.25 206.68 0.95 4.97 195.66<br>
</u></div>
<div><u>CK Avg 1.29 0.05 5.19 204.39 0.91 -0.27 4.93 194.02<br>
</u></div>
<div><u>Essex Cty 1.30 5.20 204.71 0.90 4.92 193.69<br>
</u></div>
<div><u>Mdsx Low 1.25 5.15 202.75 0.90 4.92 193.69<br>
</u></div>
<div><u>Mdsx High 1.30 5.20 204.71 0.90 4.92 193.69<br>
</u></div>
<div><u>Mdsx Avg 1.28 0.03 5.18 203.73 0.90 -0.28 4.92 193.69<br>
</u></div>
<div><u>Hensall 1.28 5.18 203.73 0.93 4.95 194.68<br>
</u></div>
<div><u>Bruce 1.25 5.15 202.75 0.90 4.92 193.69<br>
</u></div>
<div><u>Putnam 1.25 5.15 202.75 0.90 4.92 193.69<br>
</u></div>
<div><u>Burford 1.30 5.20 204.71 0.90 4.92 193.69<br>
</u></div>
<div><u>Port Perry 1.35 5.25 206.68 0.90 4.92 193.69<br>
</u></div>
<div><u>Norfolk 1.30 5.20 204.71 0.90 4.92 193.69<br>
</u></div>
<div><u>Palmerston 1.23 5.13 201.96 0.87 4.89 192.51<br>
</u></div>
<div><u>Varna 1.25 5.15 202.75 0.90 4.92 193.69<br>
</u></div>
<div><u>Trenton 1.40 5.30 208.65 0.90 4.92 193.69<br>
</u></div>
<div><u>Winchester 1.40 5.30 208.65 1.25 5.27 207.47<br>
</u></div>
<div><u>North Gower 1.36 5.26 207.08 1.15 5.17 203.53<br>
</u></div>
<div><u>Huron FOB 1.42 5.32 209.44 0.92 4.94 194.48<br>
</u></div>
<div><u>Kent FOB 1.40 5.30 208.65 0.95 4.97 195.66<br>
</u></div>
<div><u>Lamb FOB 1.35 5.25 206.68 1.00 5.02 197.63<br>
</u></div>
<div><u>Mdsx FOB 1.40 1.45N/A N/A 5.30 208.65 0.90 4.92 193.69<br>
</u></div>
<div><u>FOB SW Que 2.13 6.03 237.39N/A<br>
</u></div>
<div><u>Track 1.72 5.62 221.25N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.15 5.17 203.53<br>
</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.40 5.42 213.38<br>
</u></div>
<div><u>Aylmer-Eth N/A N/A 1.69N/A 1.15 5.17 203.53<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 5.32 209.44<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 1.85 1.35 5.37 211.41<br>
</u></div>
<div><u>W O Feed 1.82 5.72 225.27<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.22 6.12 240.93<br>
</u></div>
<div><u>Toledo El. 0.26 4.16 163.90 -0.26 3.76 147.91<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.60 5.50 216.53N/A<br>
</u></div>
<div><u>Prescott 1.65 5.55 218.49 1.45 5.47215 1/3<br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.30 5.20<br>
</u></div>
<div><u>HI SD CRN 1.35 5.25<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 1.3157 up 0.0003<br>
</u></div>
<div><u>Chicago soybeans closed slightly higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JAN20 HI 9.31 NOV20 HI 9.68<br>
</u></div>
<div><u> LOW 9.20 1/4 LOW 9.58<br>
</u></div>
<div><u> CLOSE9.28 3/4 Up 6 3/4 CLOSE 9.66 1/2 Up 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 2.25 11.54 423.932.20 11.87 435.96<br>
</u></div>
<div><u>CK High 2.30 11.59 425.772.25 11.92 437.80<br>
</u></div>
<div><u>CK Average 2.27 -0.5011.56 424.792.23 -0.6211.89 436.88<br>
</u></div>
<div><u>Essex Cty 2.20 11.49 422.092.20 11.87 435.96<br>
</u></div>
<div><u>Mdsx Low 2.25 11.54 423.932.20 11.87 435.96<br>
</u></div>
<div><u>Mdsx High 2.27 11.56 424.672.23 11.90 437.07<br>
</u></div>
<div><u>Mdsx Average 2.26 -0.5111.55 424.302.22 -0.6311.88 436.52<br>
</u></div>
<div><u>Hensall 2.25 11.54 423.932.20 11.87 435.96<br>
</u></div>
<div><u>Bruce 2.25 11.54 423.932.20 11.87 435.96<br>
</u></div>
<div><u>Putnam 2.25 11.54 423.932.20 11.87 435.96<br>
</u></div>
<div><u>Burford 2.34 11.63 427.242.30 11.97 439.64<br>
</u></div>
<div><u>Port Perry 2.29 11.58 425.402.25 11.92 437.80<br>
</u></div>
<div><u>Norfolk 2.25 11.54 423.932.20 11.87 435.96<br>
</u></div>
<div><u>Palmerston 2.27 11.56 424.672.25 11.92 437.80<br>
</u></div>
<div><u>Varna 2.25 11.54 423.932.20 11.87 435.96<br>
</u></div>
<div><u>Trenton 2.25 11.54 423.932.20 11.87 435.96<br>
</u></div>
<div><u>Winchester 2.30 11.59 425.772.20 11.87 435.96<br>
</u></div>
<div><u>North Gower 2.20 11.49 422.092.20 11.87 435.96<br>
</u></div>
<div><u>Huron FOB 2.40 11.69 429.442.30 11.97 439.64<br>
</u></div>
<div><u>Kent FOB 2.40 11.69 429.442.20 11.87 435.96<br>
</u></div>
<div><u>Lambton FOB 2.50 11.79 433.122.25 11.92 437.80<br>
</u></div>
<div><u>Middlesex FOB2.46 2.46 2.35 N/A 11.75 431.652.37 12.04 442.21<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 2.83 12.12 445.242.53 12.20 448.09<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 2.85 12.14 445.982.60 12.27 450.66<br>
</u></div>
<div><u>Prescott N/A 2.25 11.92 437.80<br>
</u></div>
<div><u>Port Colborne2.74 12.03 441.932.78 12.45 457.28<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.03 9.26 340.29-0.46 9.20 338.22<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3157 up 0.0003<br>
</u></div>
<div><u>Chicago wheat closed slightly to moderately higher.<br>
</u></div>
<div><u>MAR20 HI 5.57 1/4 JUL20 HI 5.60<br>
</u></div>
<div><u> LOW 5.45 LOW 5.47<br>
</u></div>
<div><u> CLOSE 5.56 1/4 Up 6 1/2 CLOSE 5.59 Up 7 3/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.<br>
</u></div>
<div><u>MAR20 HI 5.39 1/4 SEP20 HI 5.63 1/2<br>
</u></div>
<div><u> LOW 5.32 LOW 5.60 1/4<br>
</u></div>
<div><u> CLOSE 5.38 3/4 Up 1 3/4 CLOSE 5.63 1/2 Up 2 1/4<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 2.22 2.41 2.09 1.31<br>
</u></div>
<div><u>CAD $/bu 7.78 7.98 7.65 6.69<br>
</u></div>
<div><u>CAD $/tonne 285.83 293.08 281.00 245.95<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 1.86 2.25 1.86 N/A 1.40 1.67 1.20 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 1.80 2.20 1.80 1.70 1.40 1.60 1.20 1.10<br>
</u></div>
<div><u>Essex N/A N/A 1.80 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 1.80 N/A N/A N/A 1.15 N/A<br>
</u></div>
<div><u>Brigden N/A N/A 1.80 N/A N/A N/A 1.15 N/A<br>
</u></div>
<div><u>Palmerston N/A N/A 1.82 1.70 N/A N/A 1.28 1.11<br>
</u></div>
<div><u>Varna 1.90 2.20 1.80 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 1.98 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 2.47<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 2.20 N/A N/A N/A 1.60 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 2.15 N/A N/A N/A 1.76 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.71US 7.52CA 5.69US 7.48CA<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 1.56 1.82 1.50 0.98<br>
</u></div>
<div><u>CAD $/bu 7.15 7.41 7.09 6.62<br>
</u></div>
<div><u>CAD $/tonne 262.78 272.44 260.37 243.22<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 482.05<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 210.00 - 215.00<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div>
<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>
<span style="background: rgb(253, 253, 253);">Grain Farmers of Ontario</span></span></p>
<br>
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