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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, March 12<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 1.3832 up 0.0066<br>
</u></div>
<div><u>Chicago corn closed moderately lower to lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAY20 HI 3.73 DEC20 HI 3.76 1/4<br>
</u></div>
<div><u> LOW 3.65 LOW 3.70<br>
</u></div>
<div><u> CLOSE3.65 3/4 Down 8 3/4 CLOSE 3.71 3/4 Down 5 1/4<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 +MAY20+JUL20+JUL20<br>
</u></div>
<div><u>CK Low 1.50 5.16 203.04 0.95 4.67 183.75<br>
</u></div>
<div><u>CK High 1.55 5.21 205.01 1.00 4.72 185.72<br>
</u></div>
<div><u>CK Avg 1.53 0.10 5.19 204.35 0.98 -0.32 4.69 184.74<br>
</u></div>
<div><u>Essex Cty 1.55 5.21 205.01 1.00 4.72 185.72<br>
</u></div>
<div><u>Mdsx Low 1.50 5.16 203.04 0.95 4.67 183.75<br>
</u></div>
<div><u>Mdsx High 1.55 5.21 205.01 1.00 4.72 185.72<br>
</u></div>
<div><u>Mdsx Avg 1.53 0.09 5.18 204.03 0.98 -0.32 4.69 184.74<br>
</u></div>
<div><u>Hensall 1.55 5.21 205.01 1.00 4.72 185.72<br>
</u></div>
<div><u>Bruce 1.55 5.21 205.01 1.00 4.72 185.72<br>
</u></div>
<div><u>Putnam 1.50 5.16 203.04 0.95 4.67 183.75<br>
</u></div>
<div><u>Burford 1.55 5.21 205.01 1.00 4.72 185.72<br>
</u></div>
<div><u>Port Perry 1.55 5.21 205.01 1.05 4.77 187.69<br>
</u></div>
<div><u>Norfolk 1.55 5.21 205.01 1.00 4.72 185.72<br>
</u></div>
<div><u>Palmerston 1.53 5.19 204.22 1.05 4.77 187.69<br>
</u></div>
<div><u>Varna 1.55 5.21 205.01 1.00 4.72 185.72<br>
</u></div>
<div><u>Trenton 1.55 5.21 205.01 1.05 4.77 187.69<br>
</u></div>
<div><u>Winchester 1.59 5.25 206.58 1.45 5.17 203.44<br>
</u></div>
<div><u>North Gower 1.54 5.20 204.62 1.44 5.16 203.04<br>
</u></div>
<div><u>Huron FOB 1.76 5.42 213.28 1.05 4.77 187.69<br>
</u></div>
<div><u>Kent FOB 1.80 5.46 214.85 1.10 4.82 189.66<br>
</u></div>
<div><u>Lamb FOB 1.83 5.49 216.03 1.15 4.87 191.63<br>
</u></div>
<div><u>Mdsx FOB 1.80 1.80N/A N/A 5.46 214.85 1.10 4.82 189.66<br>
</u></div>
<div><u>FOB SW Que 2.14 5.80 228.24N/A<br>
</u></div>
<div><u>Track 2.00 5.65 222.53N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.23 4.95 194.77<br>
</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.56 5.28 207.77<br>
</u></div>
<div><u>Aylmer-Eth N/A N/A 2.00N/A 1.25 4.97 195.56<br>
</u></div>
<div><u>Sarn-Eth N/A N/A 1.90N/A N/A<br>
</u></div>
<div><u>London-Ing N/A N/A N/A N/A 1.40 5.12 201.47<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 N/A N/A 1.55 5.27 207.37<br>
</u></div>
<div><u>W O Feed 2.11 5.77 227.06<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.43 6.09 239.65<br>
</u></div>
<div><u>Toledo El. 0.28 3.93 154.88 -0.28 3.44 135.46<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.60 5.26 206.98 1.20 4.92 193.59<br>
</u></div>
<div><u>Prescott 2.15 5.81 228.63 1.60 5.32209 1/3<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.55 5.20 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 1.3832 up 0.0066<br>
</u></div>
<div><u>Chicago soybeans closed moderately lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAY20 HI 8.72 3/4 NOV20 HI 8.86 1/4<br>
</u></div>
<div><u> LOW 8.52 1/4 LOW 8.66<br>
</u></div>
<div><u> CLOSE8.59 1/2 Down 13 3/4 CLOSE 8.73 Down 13 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 +MAY2+MAY2+JUL20<br>
</u></div>
<div><u>CK Low 2.75 11.35 416.862.55 11.28 414.47<br>
</u></div>
<div><u>CK High 2.84 11.44 420.162.62 11.35 417.04<br>
</u></div>
<div><u>CK Average 2.80 -0.3611.39 418.632.60 -0.5411.33 416.12<br>
</u></div>
<div><u>Essex Cty 2.75 11.35 416.862.55 11.28 414.47<br>
</u></div>
<div><u>Mdsx Low 2.80 11.40 418.692.60 11.33 416.31<br>
</u></div>
<div><u>Mdsx High 2.85 11.45 420.532.60 11.33 416.31<br>
</u></div>
<div><u>Mdsx Average 2.83 -0.3411.42 419.612.60 -0.5411.33 416.31<br>
</u></div>
<div><u>Hensall 2.80 11.40 418.692.60 11.33 416.31<br>
</u></div>
<div><u>Bruce 2.80 11.40 418.692.60 11.33 416.31<br>
</u></div>
<div><u>Putnam 2.80 11.40 418.692.60 11.33 416.31<br>
</u></div>
<div><u>Burford 2.92 11.52 423.102.67 11.40 418.88<br>
</u></div>
<div><u>Port Perry 2.84 11.44 420.162.59 11.32 415.94<br>
</u></div>
<div><u>Norfolk 2.75 11.35 416.862.55 11.28 414.47<br>
</u></div>
<div><u>Palmerston 2.79 11.39 418.332.51 11.24 413.00<br>
</u></div>
<div><u>Varna 2.80 11.40 418.692.60 11.33 416.31<br>
</u></div>
<div><u>Trenton 2.80 11.40 418.692.60 11.33 416.31<br>
</u></div>
<div><u>Winchester 2.80 11.40 418.692.60 11.33 416.31<br>
</u></div>
<div><u>North Gower 2.70 11.30 415.022.55 11.28 414.47<br>
</u></div>
<div><u>Huron FOB 3.00 11.60 426.042.70 11.43 419.98<br>
</u></div>
<div><u>Kent FOB 2.95 11.55 424.212.55 11.28 414.47<br>
</u></div>
<div><u>Lambton FOB 3.00 11.60 426.042.80 11.53 423.65<br>
</u></div>
<div><u>Middlesex FOB3.00 3.00 N/A N/A 11.60 426.042.68 11.41 419.25<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 3.28 11.88 436.332.85 11.58 425.49<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 3.40 12.00 440.743.05 11.78 432.84<br>
</u></div>
<div><u>Prescott N/A 2.85 11.58 425.49<br>
</u></div>
<div><u>Port Colborne3.20 11.80 433.393.09 11.82 434.31<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.04 8.64 317.34-0.41 8.32 305.53<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3832 up 0.0066<br>
</u></div>
<div><u>Chicago wheat closed moderately lower.<br>
</u></div>
<div><u>MAY20 HI 5.10 3/4 JUL20 HI 5.11 1/4<br>
</u></div>
<div><u> LOW 4.97 1/4 LOW 4.98 3/4<br>
</u></div>
<div><u> CLOSE 5.05 1/2 Down 7 1/4 CLOSE 5.06 3/4 Down 6 1/2<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.<br>
</u></div>
<div><u>MAY20 HI 5.12 1/2 SEP20 HI 5.33 3/4<br>
</u></div>
<div><u> LOW 5.03 LOW 5.25 3/4<br>
</u></div>
<div><u> CLOSE 5.09 Down 3 CLOSE 5.30 3/4 Down 1 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 2.21 2.42 2.21 1.54<br>
</u></div>
<div><u>CAD $/bu 7.27 7.48 7.27 6.63<br>
</u></div>
<div><u>CAD $/tonne 267.08 274.71 267.08 243.45<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 N/A N/A N/A N/A 1.40 N/A<br>
</u></div>
<div><u>London 2.03 2.31 1.90 N/A 1.56 1.84 1.35 N/A<br>
</u></div>
<div><u>Hensall 1.95 N/A 1.95 N/A 1.60 N/A 1.40 N/A<br>
</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.30 N/A<br>
</u></div>
<div><u>Bruce 2.00 2.20 2.00 1.95 1.60 1.80 1.40 1.40<br>
</u></div>
<div><u>Essex N/A N/A 2.00 N/A N/A N/A 1.40 N/A<br>
</u></div>
<div><u>Norwich 1.95 N/A 1.95 N/A 1.60 N/A 1.40 N/A<br>
</u></div>
<div><u>Port Hope N/A N/A 1.85 N/A N/A N/A 1.35 N/A<br>
</u></div>
<div><u>Kent Bridge 1.95 N/A 1.95 N/A 1.60 N/A 1.40 N/A<br>
</u></div>
<div><u>Chatham N/A N/A 2.00 N/A N/A N/A 1.40 N/A<br>
</u></div>
<div><u>Brigden N/A N/A 2.00 N/A N/A N/A 1.40 N/A<br>
</u></div>
<div><u>Palmerston N/A 2.48 2.07 2.01 N/A 1.82 1.41 1.41<br>
</u></div>
<div><u>Varna 2.05 2.20 1.95 N/A 1.60 1.80 1.40 N/A<br>
</u></div>
<div><u>Mitchell 1.95 2.20 1.95 N/A 1.60 1.75 1.40 N/A<br>
</u></div>
<div><u>Thornton N/A N/A N/A 1.95 N/A N/A N/A N/A<br>
</u></div>
<div><u>North Gower N/A 2.10 2.00 1.00 N/A 1.92 1.67 1.10<br>
</u></div>
<div><u>W O Feed 2.55<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 2.37 N/A N/A N/A 1.76 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 2.28 N/A N/A N/A 2.08 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.21US 7.20CA 5.17US 7.15CA<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 1.73 2.01 1.73 1.27<br>
</u></div>
<div><u>CAD $/bu 6.80 7.08 6.80 6.58<br>
</u></div>
<div><u>CAD $/tonne 249.91 260.08 249.91 241.78<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 481.50<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 240.00 - 250.00<br>
</u></div>
<div><u><br>
</u></div>
<u><span></span><br>
</u></div>
<div>
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<div><u><span style="font-family:"Courier New",monospace; font-size:10pt"></span></u></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:10.0pt;font-family:"Courier New"">Fax. 519-674-1530<br>
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