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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, December 18<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 1.3103 down 0.0054<br>
</u></div>
<div><u>Chicago corn closed slightly lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 3.90 DEC20 HI 4.02<br>
</u></div>
<div><u> LOW 3.85 3/4 LOW 3.99 1/4<br>
</u></div>
<div><u> CLOSE3.87 Down 3 CLOSE 4.00 Down 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 5.12 201.57 0.90 4.90 192.90<br>
</u></div>
<div><u>CK High 1.35 5.22 205.50 0.95 4.95 194.87<br>
</u></div>
<div><u>CK Avg 1.29 0.07 5.16 203.21 0.91 -0.25 4.91 193.23<br>
</u></div>
<div><u>Essex Cty 1.30 5.17 203.53 0.90 4.90 192.90<br>
</u></div>
<div><u>Mdsx Low 1.25 5.12 201.57 0.90 4.90 192.90<br>
</u></div>
<div><u>Mdsx High 1.30 5.17 203.53 0.90 4.90 192.90<br>
</u></div>
<div><u>Mdsx Avg 1.28 0.06 5.15 202.55 0.90 -0.26 4.90 192.90<br>
</u></div>
<div><u>Hensall 1.28 5.15 202.55 0.93 4.93 193.89<br>
</u></div>
<div><u>Bruce 1.25 5.12 201.57 0.90 4.90 192.90<br>
</u></div>
<div><u>Putnam 1.25 5.12 201.57 0.90 4.90 192.90<br>
</u></div>
<div><u>Burford 1.30 5.17 203.53 0.90 4.90 192.90<br>
</u></div>
<div><u>Port Perry 1.35 5.22 205.50 0.90 4.90 192.90<br>
</u></div>
<div><u>Norfolk 1.30 5.17 203.53 0.90 4.90 192.90<br>
</u></div>
<div><u>Palmerston 1.20 5.07 199.60 0.85 4.85 190.94<br>
</u></div>
<div><u>Varna 1.25 5.12 201.57 0.90 4.90 192.90<br>
</u></div>
<div><u>Trenton 1.40 5.27 207.47 0.90 4.90 192.90<br>
</u></div>
<div><u>Winchester 1.40 5.27 207.47 1.25 5.25 206.68<br>
</u></div>
<div><u>North Gower 1.36 5.23 205.90 1.23 5.23 205.90<br>
</u></div>
<div><u>Huron FOB 1.42 5.29 208.26 0.92 4.92 193.69<br>
</u></div>
<div><u>Kent FOB 1.40 5.27 207.47 0.95 4.95 194.87<br>
</u></div>
<div><u>Lamb FOB 1.35 5.22 205.50 1.00 5.00 196.84<br>
</u></div>
<div><u>Mdsx FOB 1.40 1.45N/A N/A 5.27 207.47 0.90 4.90 192.90<br>
</u></div>
<div><u>FOB SW Que 2.28 6.15 242.11N/A<br>
</u></div>
<div><u>Track 1.72 5.59 220.07N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.15 5.15 202.75<br>
</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.40 5.40 212.59<br>
</u></div>
<div><u>Aylmer-Eth N/A N/A 1.64N/A 1.15 5.15 202.75<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 5.30 208.65<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 5.35 210.62<br>
</u></div>
<div><u>W O Feed 1.83 5.70 224.40<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.18 6.05 238.18<br>
</u></div>
<div><u>Toledo El. 0.26 4.13 162.67 -0.26 3.74 147.16<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.60 5.47 215.34N/A<br>
</u></div>
<div><u>Prescott 1.65 5.52 217.31 1.45 5.45214 5/9<br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.30 5.17<br>
</u></div>
<div><u>HI SD CRN 1.35 5.22<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 1.3103 down 0.0054<br>
</u></div>
<div><u>Chicago soybeans closed narrowly mixed.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JAN20 HI 9.30 NOV20 HI 9.69<br>
</u></div>
<div><u> LOW 9.23 LOW 9.63 1/2<br>
</u></div>
<div><u> CLOSE9.28 1/2 Down 1/4 CLOSE 9.68 1/4 Up 1 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 2.25 11.54 423.842.23 11.91 437.71<br>
</u></div>
<div><u>CK High 2.32 11.61 426.412.25 11.93 438.44<br>
</u></div>
<div><u>CK Average 2.30 -0.4511.58 425.492.25 -0.5811.93 438.32<br>
</u></div>
<div><u>Essex Cty 2.25 11.54 423.842.25 11.93 438.44<br>
</u></div>
<div><u>Mdsx Low 2.30 11.59 425.682.21 11.89 436.97<br>
</u></div>
<div><u>Mdsx High 2.30 11.59 425.682.25 11.93 438.44<br>
</u></div>
<div><u>Mdsx Average 2.30 -0.4411.59 425.682.23 -0.5911.91 437.71<br>
</u></div>
<div><u>Hensall 2.28 11.56 424.762.23 11.91 437.53<br>
</u></div>
<div><u>Bruce 2.25 11.54 423.842.20 11.88 436.61<br>
</u></div>
<div><u>Putnam 2.30 11.59 425.682.25 11.93 438.44<br>
</u></div>
<div><u>Burford 2.37 11.66 428.252.28 11.96 439.55<br>
</u></div>
<div><u>Port Perry 2.32 11.61 426.412.23 11.91 437.71<br>
</u></div>
<div><u>Norfolk 2.30 11.59 425.682.30 11.98 440.28<br>
</u></div>
<div><u>Palmerston 2.22 11.51 422.742.22 11.90 437.34<br>
</u></div>
<div><u>Varna 2.30 11.59 425.682.25 11.93 438.44<br>
</u></div>
<div><u>Trenton 2.25 11.54 423.842.20 11.88 436.61<br>
</u></div>
<div><u>Winchester 2.30 11.59 425.682.20 11.88 436.61<br>
</u></div>
<div><u>North Gower 2.20 11.49 422.002.20 11.88 436.61<br>
</u></div>
<div><u>Huron FOB 2.45 11.74 431.192.35 12.03 442.12<br>
</u></div>
<div><u>Kent FOB 2.45 11.74 431.192.25 11.93 438.44<br>
</u></div>
<div><u>Lambton FOB 2.50 11.79 433.022.25 11.93 438.44<br>
</u></div>
<div><u>Middlesex FOB2.49 2.49 2.39 N/A 11.78 432.662.34 12.02 441.75<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 2.78 12.07 443.312.49 12.17 447.26<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 2.90 12.19 447.722.75 12.43 456.82<br>
</u></div>
<div><u>Prescott N/A 2.25 11.93 438.44<br>
</u></div>
<div><u>Port Colborne2.70 11.99 440.372.75 12.43 456.82<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.03 9.26 340.20-0.46 9.22 338.92<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3103 down 0.0054<br>
</u></div>
<div><u>Chicago wheat closed slightly to moderately lower.<br>
</u></div>
<div><u>MAR20 HI 5.55 JUL20 HI 5.58 1/2<br>
</u></div>
<div><u> LOW 5.45 1/4 LOW 5.50<br>
</u></div>
<div><u> CLOSE 5.48 1/4 Down 8 CLOSE 5.53 1/2 Down 5 1/2<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.<br>
</u></div>
<div><u>MAR20 HI 5.42 1/2 SEP20 HI 5.64 3/4<br>
</u></div>
<div><u> LOW 5.35 LOW 5.60<br>
</u></div>
<div><u> CLOSE 5.38 1/2 Down 1/4 CLOSE 5.63 Down 1/2<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 2.16 2.36 2.03 1.28<br>
</u></div>
<div><u>CAD $/bu 7.64 7.84 7.51 6.66<br>
</u></div>
<div><u>CAD $/tonne 280.80 288.02 275.99 244.81<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 1.80 N/A N/A N/A 1.20 N/A<br>
</u></div>
<div><u>London 1.84 2.24 1.84 N/A 1.30 1.56 1.11 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 1.20 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 1.20 N/A<br>
</u></div>
<div><u>Brigden N/A N/A 1.80 N/A N/A N/A 1.20 N/A<br>
</u></div>
<div><u>Palmerston N/A N/A 1.76 1.66 N/A N/A 1.25 1.08<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 1.89 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 1.60 1.35 0.85<br>
</u></div>
<div><u>W O Feed 2.42<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 2.18 N/A N/A N/A 1.50 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 2.09 N/A N/A N/A 1.72 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.63US 7.38CA 5.64US 7.38CA<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 1.52 1.78 1.45 0.96<br>
</u></div>
<div><u>CAD $/bu 7.06 7.32 6.99 6.59<br>
</u></div>
<div><u>CAD $/tonne 259.24 268.87 256.83 242.15<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 487.67<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:10.0pt;font-family:"Courier New"">Fax. 519-674-1530<br>
<br>
<span style="background:#FDFDFD">Click on this link:<span><span style="color:#333333"> </span></span></span><span><span style="color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span></span><span><span style="color:#333333;background:#FDFDFD"> </span></span><span style="background:#FDFDFD"> to
unsubscribe from this report.</span><br>
<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
<span style="background:#FDFDFD">Grain Farmers of Ontario</span></span></p>
<br>
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