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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, December 24<br>
</u></span>
<div><u>(All Bases in CAD)<br>
</u></div>
<div><u>Exchange rate was 1.3153 up 0.0012<br>
</u></div>
<div><u>Chicago corn closed slightly lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 3.89 DEC20 HI 4.02 3/4<br>
</u></div>
<div><u> LOW 3.87 LOW 4.01 1/4<br>
</u></div>
<div><u> CLOSE3.87 1/2 Down 1 1/4 CLOSE 4.02 Down 1/2<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 1.30 5.18 203.73 0.90 4.92 193.69<br>
</u></div>
<div><u>CK High 1.35 5.23 205.70 0.95 4.97 195.66<br>
</u></div>
<div><u>CK Avg 1.31 0.07 5.18 204.06 0.91 -0.27 4.93 194.02<br>
</u></div>
<div><u>Essex Cty 1.30 5.18 203.73 0.90 4.92 193.69<br>
</u></div>
<div><u>Mdsx Low 1.30 5.18 203.73 0.90 4.92 193.69<br>
</u></div>
<div><u>Mdsx High 1.30 5.18 203.73 0.90 4.92 193.69<br>
</u></div>
<div><u>Mdsx Avg 1.30 0.06 5.18 203.73 0.90 -0.28 4.92 193.69<br>
</u></div>
<div><u>Hensall 1.33 5.20 204.71 0.95 4.97 195.66<br>
</u></div>
<div><u>Bruce 1.30 5.18 203.73 0.90 4.92 193.69<br>
</u></div>
<div><u>Putnam 1.30 5.18 203.73 0.90 4.92 193.69<br>
</u></div>
<div><u>Burford 1.30 5.18 203.73 0.90 4.92 193.69<br>
</u></div>
<div><u>Port Perry 1.35 5.23 205.70 0.90 4.92 193.69<br>
</u></div>
<div><u>Norfolk 1.30 5.18 203.73 0.90 4.92 193.69<br>
</u></div>
<div><u>Palmerston 1.22 5.10 200.58 0.90 4.92 193.69<br>
</u></div>
<div><u>Varna 1.30 5.18 203.73 0.95 4.97 195.66<br>
</u></div>
<div><u>Trenton 1.40 5.28 207.67 0.90 4.92 193.69<br>
</u></div>
<div><u>Winchester 1.40 5.28 207.67 1.11 5.13 201.96<br>
</u></div>
<div><u>North Gower 1.36 5.24 206.09 1.23 5.25 206.68<br>
</u></div>
<div><u>Huron FOB 1.42 5.30 208.45 0.90 4.92 193.69<br>
</u></div>
<div><u>Kent FOB 1.40 5.28 207.67 0.95 4.97 195.66<br>
</u></div>
<div><u>Lamb FOB 1.35 5.23 205.70 1.00 5.02 197.63<br>
</u></div>
<div><u>Mdsx FOB 1.35 1.45 1.50N/A 5.23 205.70 1.00 5.02 197.63<br>
</u></div>
<div><u>FOB SW Que 2.43 6.31 248.22N/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 5.17 203.53<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 1.64N/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 N/A N/A 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 1.90 1.91 1.40 5.42 213.38<br>
</u></div>
<div><u>W O Feed 1.85 5.73 225.54<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.21 6.09 239.56<br>
</u></div>
<div><u>Toledo El. 0.26 4.14 162.91 -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 5.48 215.54N/A<br>
</u></div>
<div><u>Prescott 1.65 5.53 217.51 1.45 5.47215 1/3<br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.32 1/2 5.20<br>
</u></div>
<div><u>HI SD CRN 1.35 5.22 1/2<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 1.3153 up 0.0012<br>
</u></div>
<div><u>Chicago soybeans closed slightly higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JAN20 HI 9.37 1/2 NOV20 HI 9.71 1/2<br>
</u></div>
<div><u> LOW 9.29 LOW 9.65<br>
</u></div>
<div><u> CLOSE9.36 1/2 Up 2 1/2 CLOSE 9.70 3/4 Up 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 11.72 430.452.23 11.94 438.63<br>
</u></div>
<div><u>CK High 2.36 11.73 430.822.25 11.96 439.36<br>
</u></div>
<div><u>CK Average 2.35 -0.4611.72 430.512.25 -0.6111.95 439.24<br>
</u></div>
<div><u>Essex Cty 2.30 11.67 428.622.25 11.96 439.36<br>
</u></div>
<div><u>Mdsx Low 2.35 11.72 430.452.24 11.95 439.00<br>
</u></div>
<div><u>Mdsx High 2.37 11.74 431.192.25 11.96 439.36<br>
</u></div>
<div><u>Mdsx Average 2.36 -0.4511.73 430.822.25 -0.6111.95 439.18<br>
</u></div>
<div><u>Hensall 2.35 11.72 430.452.25 11.96 439.36<br>
</u></div>
<div><u>Bruce 2.35 11.72 430.452.30 12.01 441.20<br>
</u></div>
<div><u>Putnam 2.35 11.72 430.452.25 11.96 439.36<br>
</u></div>
<div><u>Burford 2.44 11.81 433.762.31 12.02 441.57<br>
</u></div>
<div><u>Port Perry 2.36 11.73 430.822.23 11.94 438.63<br>
</u></div>
<div><u>Norfolk 2.35 11.72 430.452.30 12.01 441.20<br>
</u></div>
<div><u>Palmerston 2.29 11.66 428.252.27 11.98 440.10<br>
</u></div>
<div><u>Varna 2.35 11.72 430.452.25 11.96 439.36<br>
</u></div>
<div><u>Trenton 2.30 11.67 428.622.25 11.96 439.36<br>
</u></div>
<div><u>Winchester 2.30 11.67 428.622.20 11.91 437.53<br>
</u></div>
<div><u>North Gower 2.25 11.62 426.782.25 11.96 439.36<br>
</u></div>
<div><u>Huron FOB 2.50 11.87 435.962.35 12.06 443.04<br>
</u></div>
<div><u>Kent FOB 2.50 11.87 435.962.25 11.96 439.36<br>
</u></div>
<div><u>Lambton FOB 2.50 11.87 435.962.40 12.11 444.87<br>
</u></div>
<div><u>Middlesex FOB2.60 2.60 2.43 N/A 11.97 439.642.30 12.01 441.20<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 2.94 12.31 452.132.52 12.23 449.28<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 2.96 12.33 452.872.54 12.25 450.02<br>
</u></div>
<div><u>Prescott N/A 2.35 12.06 443.04<br>
</u></div>
<div><u>Port Colborne2.74 12.11 444.782.71 12.42 456.27<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.03 9.34 343.14-0.46 9.25 339.79<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3153 up 0.0012<br>
</u></div>
<div><u>Chicago wheat closed slightly higher.<br>
</u></div>
<div><u>MAR20 HI 5.45 JUL20 HI 5.51 1/2<br>
</u></div>
<div><u> LOW 5.38 1/2 LOW 5.46<br>
</u></div>
<div><u> CLOSE 5.41 Up 1 1/2 CLOSE 5.47 1/2 Up 1/2<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.<br>
</u></div>
<div><u>MAR20 HI 5.43 1/4 SEP20 HI 5.69 1/2<br>
</u></div>
<div><u> LOW 5.36 1/2 LOW 5.64<br>
</u></div>
<div><u> CLOSE 5.43 Up 5 3/4 CLOSE 5.68 1/2 Up 4 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 2.17 2.36 2.03 1.32<br>
</u></div>
<div><u>CAD $/bu 7.58 7.77 7.44 6.75<br>
</u></div>
<div><u>CAD $/tonne 278.37 285.62 273.54 247.92<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 1.71 N/A N/A 1.20 1.13<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 1.76 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 2.16 N/A N/A N/A 1.59 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 2.10 N/A N/A N/A 1.72 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.56US 7.31CA 5.58US 7.33CA<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 1.79 1.46 1.00<br>
</u></div>
<div><u>CAD $/bu 7.00 7.26 6.93 6.68<br>
</u></div>
<div><u>CAD $/tonne 257.16 266.82 254.75 245.57<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 486.24<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 210.00 - 215.00<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>
<span style="background: rgb(253, 253, 253);">Grain Farmers of Ontario</span></span></p>
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