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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, December 31<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 1.2977 down 0.0069<br>
</u></div>
<div><u>Chicago corn closed slightly lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 3.89 3/4 DEC20 HI 4.03 1/4<br>
</u></div>
<div><u> LOW 3.86 1/4 LOW 4.01 1/4<br>
</u></div>
<div><u> CLOSE3.87 3/4 Down 1/2 CLOSE 4.02 1/2 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 5.18 203.83 0.90 4.93 193.89<br>
</u></div>
<div><u>CK High 1.35 5.23 205.80 0.95 4.98 195.86<br>
</u></div>
<div><u>CK Avg 1.31 0.12 5.19 204.16 0.92 -0.21 4.94 194.54<br>
</u></div>
<div><u>Essex Cty 1.30 5.18 203.83 0.90 4.93 193.89<br>
</u></div>
<div><u>Mdsx Low 1.30 5.18 203.83 0.90 4.93 193.89<br>
</u></div>
<div><u>Mdsx High 1.30 5.18 203.83 0.90 4.93 193.89<br>
</u></div>
<div><u>Mdsx Avg 1.30 0.11 5.18 203.83 0.90 -0.23 4.93 193.89<br>
</u></div>
<div><u>Hensall 1.33 5.20 204.81 0.93 4.95 194.87<br>
</u></div>
<div><u>Bruce 1.30 5.18 203.83 0.90 4.93 193.89<br>
</u></div>
<div><u>Putnam 1.30 5.18 203.83 0.90 4.93 193.89<br>
</u></div>
<div><u>Burford 1.30 5.18 203.83 0.90 4.93 193.89<br>
</u></div>
<div><u>Port Perry 1.35 5.23 205.80 0.90 4.93 193.89<br>
</u></div>
<div><u>Norfolk 1.30 5.18 203.83 0.90 4.93 193.89<br>
</u></div>
<div><u>Palmerston 1.22 5.10 200.68 0.87 4.90 192.71<br>
</u></div>
<div><u>Varna 1.30 5.18 203.83 0.90 4.93 193.89<br>
</u></div>
<div><u>Trenton 1.40 5.28 207.77 0.90 4.93 193.89<br>
</u></div>
<div><u>Winchester 1.30 5.18 203.83 1.25 5.28 207.67<br>
</u></div>
<div><u>North Gower 1.35 5.23 205.80 1.30 5.33 209.64<br>
</u></div>
<div><u>Huron FOB 1.45 5.33 209.73 0.92 4.95 194.68<br>
</u></div>
<div><u>Kent FOB 1.40 5.28 207.77 0.95 4.98 195.86<br>
</u></div>
<div><u>Lamb FOB 1.35 5.23 205.80 1.00 5.03 197.83<br>
</u></div>
<div><u>Mdsx FOB 1.35 1.45 1.50N/A 5.23 205.80 1.00 5.03 197.83<br>
</u></div>
<div><u>FOB SW Que 2.19 6.07 238.87N/A<br>
</u></div>
<div><u>Track 1.67 5.55 218.40N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.04 5.07 199.40<br>
</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.37 5.40 212.39<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 1.83 5.71 224.69<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.21 6.09 239.65<br>
</u></div>
<div><u>Toledo El. 0.30 4.18 164.40 -0.26 3.77 148.25<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.60 5.48 215.64 1.20 5.23 205.70<br>
</u></div>
<div><u>Prescott 1.70 5.58 219.58 1.45 5.48215 1/2<br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.32 1/2 5.20 1/4<br>
</u></div>
<div><u>HI SD CRN 1.35 5.22 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 1.2977 down 0.0069<br>
</u></div>
<div><u>Chicago soybeans closed slightly higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 9.56 1/4 NOV20 HI 9.79<br>
</u></div>
<div><u> LOW 9.47 1/4 LOW 9.73 1/2<br>
</u></div>
<div><u> CLOSE9.55 1/2 Up 3 CLOSE 9.78 3/4 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 +MAR2+MAR2+MAR20<br>
</u></div>
<div><u>CK Low 2.15 11.71 430.092.12 11.91 437.53<br>
</u></div>
<div><u>CK High 2.20 11.76 431.922.25 12.04 442.30<br>
</u></div>
<div><u>CK Average 2.17 -0.5211.72 430.702.17 -0.5611.96 439.36<br>
</u></div>
<div><u>Essex Cty 2.10 11.66 428.252.15 11.94 438.63<br>
</u></div>
<div><u>Mdsx Low 2.15 11.71 430.092.13 11.92 437.89<br>
</u></div>
<div><u>Mdsx High 2.16 11.72 430.452.15 11.94 438.63<br>
</u></div>
<div><u>Mdsx Average 2.16 -0.5311.71 430.272.14 -0.5911.93 438.26<br>
</u></div>
<div><u>Hensall 2.18 11.73 431.002.15 11.94 438.63<br>
</u></div>
<div><u>Bruce 2.15 11.71 430.092.15 11.94 438.63<br>
</u></div>
<div><u>Putnam 2.15 11.71 430.092.15 11.94 438.63<br>
</u></div>
<div><u>Burford 2.23 11.79 433.022.20 11.99 440.47<br>
</u></div>
<div><u>Port Perry 2.15 11.71 430.092.12 11.91 437.53<br>
</u></div>
<div><u>Norfolk 2.15 11.71 430.092.15 11.94 438.63<br>
</u></div>
<div><u>Palmerston 2.19 11.75 431.552.13 11.92 437.89<br>
</u></div>
<div><u>Varna 2.20 11.76 431.922.15 11.94 438.63<br>
</u></div>
<div><u>Trenton 2.17 11.73 430.822.25 12.04 442.30<br>
</u></div>
<div><u>Winchester 2.20 11.76 431.922.28 12.07 443.40<br>
</u></div>
<div><u>North Gower 2.08 11.64 427.512.20 11.99 440.47<br>
</u></div>
<div><u>Huron FOB 2.35 11.91 437.432.25 12.04 442.30<br>
</u></div>
<div><u>Kent FOB 2.35 11.91 437.432.15 11.94 438.63<br>
</u></div>
<div><u>Lambton FOB 2.45 12.01 441.112.35 12.14 445.98<br>
</u></div>
<div><u>Middlesex FOB2.43 2.43 2.43 N/A 11.99 440.372.24 12.03 441.93<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 2.69 12.25 449.932.40 12.19 447.81<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 2.70 12.26 450.292.60 12.39 455.16<br>
</u></div>
<div><u>Prescott N/A 2.25 12.04 442.30<br>
</u></div>
<div><u>Port Colborne2.66 12.22 448.822.60 12.39 455.16<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.06 9.49 348.70-0.45 9.33 342.96<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2977 down 0.0069<br>
</u></div>
<div><u>Chicago wheat closed slightly higher.<br>
</u></div>
<div><u>MAR20 HI 5.59 3/4 JUL20 HI 5.64 3/4<br>
</u></div>
<div><u> LOW 5.53 LOW 5.58<br>
</u></div>
<div><u> CLOSE 5.58 3/4 Up 2 3/4 CLOSE 5.63 1/2 Up 2 1/2<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.<br>
</u></div>
<div><u>MAR20 HI 5.62 SEP20 HI 5.85 3/4<br>
</u></div>
<div><u> LOW 5.55 1/4 LOW 5.82<br>
</u></div>
<div><u> CLOSE 5.61 Up 4 CLOSE 5.85 1/4 Up 2 3/4<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 2.12 2.31 1.99 1.28<br>
</u></div>
<div><u>CAD $/bu 7.71 7.90 7.58 6.89<br>
</u></div>
<div><u>CAD $/tonne 283.11 290.26 278.34 253.19<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 1.80 2.19 1.80 N/A 1.35 1.61 1.16 N/A<br>
</u></div>
<div><u>Hensall 1.75 N/A 1.75 N/A 1.35 N/A 1.15 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 2.15 1.80 1.65 1.35 1.55 1.15 1.05<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 1.75 N/A 1.75 N/A 1.35 N/A 1.15 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 1.75 N/A 1.75 N/A 1.35 N/A 1.15 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 1.73 1.70 N/A N/A 1.15 1.13<br>
</u></div>
<div><u>Varna 1.85 2.15 1.75 N/A 1.35 1.55 1.15 N/A<br>
</u></div>
<div><u>Mitchell 1.75 2.10 1.75 N/A 1.35 1.55 1.15 N/A<br>
</u></div>
<div><u>Thornton N/A N/A N/A 1.77 N/A N/A N/A N/A<br>
</u></div>
<div><u>North Gower N/A 1.70 1.70 0.90 N/A 1.60 1.30 0.87<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 2.13 N/A N/A N/A 1.55 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 2.05 N/A N/A N/A 1.67 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.74US 7.45CA 5.74US 7.44CA<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 1.48 1.74 1.41 0.96<br>
</u></div>
<div><u>CAD $/bu 7.11 7.37 7.05 6.81<br>
</u></div>
<div><u>CAD $/tonne 261.30 270.83 258.92 250.22<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 468.16<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);">
<u><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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