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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, December 30<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 1.3046 down 0.0018<br>
</u></div>
<div><u>Chicago corn closed slightly lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 3.92 DEC20 HI 4.04 1/2<br>
</u></div>
<div><u> LOW 3.86 3/4 LOW 4.01 1/4<br>
</u></div>
<div><u> CLOSE3.88 1/4 Down 1 3/4 CLOSE 4.03 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 5.18 204.03 0.90 4.93 194.09<br>
</u></div>
<div><u>CK High 1.35 5.23 205.99 0.95 4.98 196.05<br>
</u></div>
<div><u>CK Avg 1.31 0.10 5.19 204.35 0.92 -0.24 4.95 194.74<br>
</u></div>
<div><u>Essex Cty 1.30 5.18 204.03 0.90 4.93 194.09<br>
</u></div>
<div><u>Mdsx Low 1.30 5.18 204.03 0.90 4.93 194.09<br>
</u></div>
<div><u>Mdsx High 1.30 5.18 204.03 0.90 4.93 194.09<br>
</u></div>
<div><u>Mdsx Avg 1.30 0.09 5.18 204.03 0.90 -0.25 4.93 194.09<br>
</u></div>
<div><u>Hensall 1.33 5.21 205.01 0.93 4.96 195.07<br>
</u></div>
<div><u>Bruce 1.30 5.18 204.03 0.90 4.93 194.09<br>
</u></div>
<div><u>Putnam 1.30 5.18 204.03 0.90 4.93 194.09<br>
</u></div>
<div><u>Burford 1.30 5.18 204.03 0.90 4.93 194.09<br>
</u></div>
<div><u>Port Perry 1.35 5.23 205.99 0.90 4.93 194.09<br>
</u></div>
<div><u>Norfolk 1.30 5.18 204.03 0.90 4.93 194.09<br>
</u></div>
<div><u>Palmerston 1.25 5.13 202.06 0.90 4.93 194.09<br>
</u></div>
<div><u>Varna 1.30 5.18 204.03 0.90 4.93 194.09<br>
</u></div>
<div><u>Trenton 1.40 5.28 207.96 0.90 4.93 194.09<br>
</u></div>
<div><u>Winchester 1.30 5.18 204.03 1.25 5.28 207.86<br>
</u></div>
<div><u>North Gower 1.31 5.19 204.42 1.21 5.24 206.29<br>
</u></div>
<div><u>Huron FOB 1.45 5.33 209.93 0.92 4.95 194.87<br>
</u></div>
<div><u>Kent FOB 1.40 5.28 207.96 0.95 4.98 196.05<br>
</u></div>
<div><u>Lamb FOB 1.35 5.23 205.99 1.00 5.03 198.02<br>
</u></div>
<div><u>Mdsx FOB 1.35 1.45 1.50N/A 5.23 205.99 1.00 5.03 198.02<br>
</u></div>
<div><u>FOB SW Que 2.19 6.07 239.06N/A<br>
</u></div>
<div><u>Track 1.66 5.54 218.00N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.14 5.17 203.53<br>
</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.39 5.42 213.38<br>
</u></div>
<div><u>Aylmer-Eth N/A N/A 1.64N/A 1.15 5.18 203.93<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 5.33 209.83<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 5.43 213.77<br>
</u></div>
<div><u>W O Feed 1.84 5.72 225.36<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.21 6.09 239.85<br>
</u></div>
<div><u>Toledo El. 0.30 4.18 164.66 -0.26 3.77 148.38<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.60 5.48 215.84 1.20 5.23 205.90<br>
</u></div>
<div><u>Prescott 1.70 5.58 219.77 1.45 5.48215 3/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.32 1/2 5.20 3/4<br>
</u></div>
<div><u>HI SD CRN 1.35 5.23 1/4<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 1.3046 down 0.0018<br>
</u></div>
<div><u>Chicago soybeans closed slightly to moderately higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 9.53 NOV20 HI 9.78<br>
</u></div>
<div><u> LOW 9.39 1/2 LOW 9.67 1/2<br>
</u></div>
<div><u> CLOSE9.52 1/2 Up 11 CLOSE 9.77 Up 7 1/4<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 +MAR2+MAR2+MAR20<br>
</u></div>
<div><u>CK Low 2.17 11.70 429.722.17 11.94 438.72<br>
</u></div>
<div><u>CK High 2.20 11.73 430.822.25 12.02 441.66<br>
</u></div>
<div><u>CK Average 2.19 -0.5511.72 430.452.21 -0.5811.98 440.25<br>
</u></div>
<div><u>Essex Cty 2.15 11.68 428.982.20 11.97 439.82<br>
</u></div>
<div><u>Mdsx Low 2.17 11.70 429.722.18 11.95 439.09<br>
</u></div>
<div><u>Mdsx High 2.21 11.74 431.192.20 11.97 439.82<br>
</u></div>
<div><u>Mdsx Average 2.19 -0.5511.72 430.452.19 -0.6011.96 439.45<br>
</u></div>
<div><u>Hensall 2.17 11.70 429.722.20 11.97 439.82<br>
</u></div>
<div><u>Bruce 2.20 11.73 430.822.20 11.97 439.82<br>
</u></div>
<div><u>Putnam 2.17 11.70 429.722.20 11.97 439.82<br>
</u></div>
<div><u>Burford 2.28 11.81 433.762.05 11.82 434.31<br>
</u></div>
<div><u>Port Perry 2.20 11.73 430.822.17 11.94 438.72<br>
</u></div>
<div><u>Norfolk 2.20 11.73 430.822.20 11.97 439.82<br>
</u></div>
<div><u>Palmerston 2.21 11.74 431.192.20 11.97 439.82<br>
</u></div>
<div><u>Varna 2.25 11.78 432.662.20 11.97 439.82<br>
</u></div>
<div><u>Trenton 2.17 11.70 429.722.25 12.02 441.66<br>
</u></div>
<div><u>Winchester 2.20 11.73 430.822.28 12.05 442.76<br>
</u></div>
<div><u>North Gower 2.07 11.60 426.042.20 11.97 439.82<br>
</u></div>
<div><u>Huron FOB 2.40 11.93 438.172.30 12.07 443.50<br>
</u></div>
<div><u>Kent FOB 2.27 11.80 433.392.25 12.02 441.66<br>
</u></div>
<div><u>Lambton FOB 2.27 11.80 433.392.25 12.02 441.66<br>
</u></div>
<div><u>Middlesex FOB2.43 2.43 2.43 N/A 11.96 439.272.24 12.01 441.29<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 2.73 12.26 450.292.45 12.22 449.01<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 2.75 12.28 451.032.65 12.42 456.36<br>
</u></div>
<div><u>Prescott N/A 2.25 12.02 441.66<br>
</u></div>
<div><u>Port Colborne2.71 12.24 449.562.65 12.42 456.36<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.07 9.46 347.59-0.46 9.31 342.21<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3046 down 0.0018<br>
</u></div>
<div><u>Chicago wheat closed narrowly mixed.<br>
</u></div>
<div><u>MAR20 HI 5.64 1/2 JUL20 HI 5.67 1/4<br>
</u></div>
<div><u> LOW 5.51 1/2 LOW 5.56 1/2<br>
</u></div>
<div><u> CLOSE 5.56 Down 1/4 CLOSE 5.61 Up 1 1/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.<br>
</u></div>
<div><u>MAR20 HI 5.58 1/4 SEP20 HI 5.82 1/2<br>
</u></div>
<div><u> LOW 5.52 1/2 LOW 5.76 1/2<br>
</u></div>
<div><u> CLOSE 5.57 Up 3 1/2 CLOSE 5.82 1/2 Up 5 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 2.15 2.35 2.02 1.31<br>
</u></div>
<div><u>CAD $/bu 7.71 7.91 7.58 6.88<br>
</u></div>
<div><u>CAD $/tonne 283.31 290.50 278.51 252.63<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 1.39 1.65 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 1.76 1.70 N/A N/A 1.19 1.13<br>
</u></div>
<div><u>Varna 1.80 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 1.78 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 2.42<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 1.59 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 2.09 N/A N/A N/A 1.71 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.71US 7.45CA 5.71US 7.45CA<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 1.51 1.77 1.45 0.99<br>
</u></div>
<div><u>CAD $/bu 7.12 7.38 7.06 6.82<br>
</u></div>
<div><u>CAD $/tonne 261.70 271.29 259.31 250.44<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 465.51<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 210.00 - 215.00<br>
</u></div>
<u><span></span><br>
</u></div>
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