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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, December 23<br>
</u></span>
<div><u>(All Bases in CAD)<br>
</u></div>
<div><u>Exchange rate was 1.3141 down 0.0016<br>
</u></div>
<div><u>Chicago corn closed slightly higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 3.90 1/4 DEC20 HI 4.02 3/4<br>
</u></div>
<div><u> LOW 3.87 1/4 LOW 4.01<br>
</u></div>
<div><u> CLOSE3.88 3/4 Up 1 CLOSE 4.02 1/2 Up 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 1.30 5.19 204.22 0.90 4.93 193.89<br>
</u></div>
<div><u>CK High 1.35 5.24 206.19 0.95 4.98 195.86<br>
</u></div>
<div><u>CK Avg 1.31 0.07 5.20 204.55 0.91 -0.27 4.93 194.22<br>
</u></div>
<div><u>Essex Cty 1.30 5.19 204.22 0.90 4.93 193.89<br>
</u></div>
<div><u>Mdsx Low 1.30 5.19 204.22 0.90 4.93 193.89<br>
</u></div>
<div><u>Mdsx High 1.30 5.19 204.22 0.90 4.93 193.89<br>
</u></div>
<div><u>Mdsx Avg 1.30 0.06 5.19 204.22 0.90 -0.28 4.93 193.89<br>
</u></div>
<div><u>Hensall 1.33 5.21 205.21 0.95 4.98 195.86<br>
</u></div>
<div><u>Bruce 1.30 5.19 204.22 0.90 4.93 193.89<br>
</u></div>
<div><u>Putnam 1.30 5.19 204.22 0.90 4.93 193.89<br>
</u></div>
<div><u>Burford 1.30 5.19 204.22 0.90 4.93 193.89<br>
</u></div>
<div><u>Port Perry 1.35 5.24 206.19 0.90 4.93 193.89<br>
</u></div>
<div><u>Norfolk 1.30 5.19 204.22 0.90 4.93 193.89<br>
</u></div>
<div><u>Palmerston 1.23 5.12 201.47 0.90 4.93 193.89<br>
</u></div>
<div><u>Varna 1.30 5.19 204.22 0.90 4.93 193.89<br>
</u></div>
<div><u>Trenton 1.40 5.29 208.16 0.90 4.93 193.89<br>
</u></div>
<div><u>Winchester 1.40 5.29 208.16 1.11 5.14 202.16<br>
</u></div>
<div><u>North Gower 1.36 5.25 206.58 1.23 5.26 206.88<br>
</u></div>
<div><u>Huron FOB 1.42 5.31 208.95 0.95 4.98 195.86<br>
</u></div>
<div><u>Kent FOB 1.40 5.29 208.16 0.95 4.98 195.86<br>
</u></div>
<div><u>Lamb FOB 1.35 5.24 206.19 1.00 5.03 197.83<br>
</u></div>
<div><u>Mdsx FOB 1.35 1.45 1.50N/A 5.24 206.19 1.00 5.03 197.83<br>
</u></div>
<div><u>FOB SW Que 2.47 6.36 250.28N/A<br>
</u></div>
<div><u>Track 1.72 5.60 220.56N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.15 5.18 203.73<br>
</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.40 5.43 213.57<br>
</u></div>
<div><u>Aylmer-Eth N/A N/A 1.64N/A 1.15 5.18 203.73<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 N/A N/A 1.30 5.33 209.64<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 1.90 1.91 1.40 5.43 213.57<br>
</u></div>
<div><u>W O Feed 1.85 5.74 226.03<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.21 6.10 240.05<br>
</u></div>
<div><u>Toledo El. 0.26 4.15 163.39 -0.26 3.76 148.12<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.60 5.49 216.03N/A<br>
</u></div>
<div><u>Prescott 1.65 5.54 218.00 1.45 5.48215 1/2<br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.32 1/2 5.21 1/4<br>
</u></div>
<div><u>HI SD CRN 1.35 5.23 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 1.3141 down 0.0016<br>
</u></div>
<div><u>Chicago soybeans closed mixed.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JAN20 HI 9.37 NOV20 HI 9.72<br>
</u></div>
<div><u> LOW 9.27 1/2 LOW 9.65 1/4<br>
</u></div>
<div><u> CLOSE9.34 Up 5 3/4 CLOSE 9.68 3/4 Up 2 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 2.35 11.69 429.532.23 11.92 437.89<br>
</u></div>
<div><u>CK High 2.36 11.70 429.902.25 11.94 438.63<br>
</u></div>
<div><u>CK Average 2.35 -0.4411.69 429.602.25 -0.6011.93 438.51<br>
</u></div>
<div><u>Essex Cty 2.30 11.64 427.702.25 11.94 438.63<br>
</u></div>
<div><u>Mdsx Low 2.35 11.69 429.532.24 11.93 438.26<br>
</u></div>
<div><u>Mdsx High 2.37 11.71 430.272.25 11.94 438.63<br>
</u></div>
<div><u>Mdsx Average 2.36 -0.4411.70 429.902.25 -0.6011.93 438.44<br>
</u></div>
<div><u>Hensall 2.35 11.69 429.532.25 11.94 438.63<br>
</u></div>
<div><u>Bruce 2.35 11.69 429.532.20 11.89 436.79<br>
</u></div>
<div><u>Putnam 2.35 11.69 429.532.25 11.94 438.63<br>
</u></div>
<div><u>Burford 2.44 11.78 432.842.31 12.00 440.83<br>
</u></div>
<div><u>Port Perry 2.36 11.70 429.902.23 11.92 437.89<br>
</u></div>
<div><u>Norfolk 2.35 11.69 429.532.30 11.99 440.47<br>
</u></div>
<div><u>Palmerston 2.28 11.62 426.962.26 11.95 439.00<br>
</u></div>
<div><u>Varna 2.35 11.69 429.532.25 11.94 438.63<br>
</u></div>
<div><u>Trenton 2.30 11.64 427.702.25 11.94 438.63<br>
</u></div>
<div><u>Winchester 2.30 11.64 427.702.20 11.89 436.79<br>
</u></div>
<div><u>North Gower 2.25 11.59 425.862.25 11.94 438.63<br>
</u></div>
<div><u>Huron FOB 2.50 11.84 435.052.35 12.04 442.30<br>
</u></div>
<div><u>Kent FOB 2.50 11.84 435.052.25 11.94 438.63<br>
</u></div>
<div><u>Lambton FOB 2.50 11.84 435.052.40 12.09 444.14<br>
</u></div>
<div><u>Middlesex FOB2.60 2.60 2.43 N/A 11.94 438.722.30 11.99 440.47<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 2.94 12.28 451.212.52 12.21 448.55<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 2.95 12.29 451.582.75 12.44 457.00<br>
</u></div>
<div><u>Prescott N/A 2.25 11.94 438.63<br>
</u></div>
<div><u>Port Colborne2.74 12.08 443.862.71 12.40 455.53<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.03 9.31 342.22-0.46 9.23 339.06<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3141 down 0.0016<br>
</u></div>
<div><u>Chicago wheat closed mixed.<br>
</u></div>
<div><u>MAR20 HI 5.47 JUL20 HI 5.53 1/4<br>
</u></div>
<div><u> LOW 5.38 3/4 LOW 5.46<br>
</u></div>
<div><u> CLOSE 5.39 1/2 Down 2 3/4 CLOSE 5.47 Down 1 3/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.<br>
</u></div>
<div><u>MAR20 HI 5.43 SEP20 HI 5.64 3/4<br>
</u></div>
<div><u> LOW 5.36 1/2 LOW 5.62<br>
</u></div>
<div><u> CLOSE 5.37 1/4 Up 1/2 CLOSE 5.64 Up 1 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 2.15 2.35 2.02 1.29<br>
</u></div>
<div><u>CAD $/bu 7.55 7.75 7.42 6.67<br>
</u></div>
<div><u>CAD $/tonne 277.39 284.63 272.56 244.92<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 2.23 1.84 N/A 1.40 1.66 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 1.85 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 1.78 1.69 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 1.80 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 1.65 1.35 0.90<br>
</u></div>
<div><u>W O Feed 2.43<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 2.17 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 2.09 N/A N/A N/A 1.71 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.55US 7.29CA 5.57US 7.32CA<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 0.98<br>
</u></div>
<div><u>CAD $/bu 6.99 7.25 6.92 6.62<br>
</u></div>
<div><u>CAD $/tonne 256.73 266.38 254.32 243.22<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 485.91<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 210.00 - 215.00</u><br>
</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>
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