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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, March 23<br>
</u></span>
<div><u>(All Bases in CAD)<br>
</u></div>
<div><u>Exchange rate was 1.4504 up 0.0080<br>
</u></div>
<div><u>Chicago corn closed narrowly mixed.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAY20 HI 3.45 1/2 DEC20 HI 3.65 1/2<br>
</u></div>
<div><u> LOW 3.38 1/4 LOW 3.59 1/2<br>
</u></div>
<div><u> CLOSE3.43 1/2 Down 1/4 CLOSE 3.64 1/4 Up 1<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 1.45 4.89 192.31 0.95 4.59 180.80<br>
</u></div>
<div><u>CK High 1.45 4.89 192.31 0.95 4.59 180.80<br>
</u></div>
<div><u>CK Avg 1.45 -0.07 4.89 192.31 0.95 -0.48 4.59 180.80<br>
</u></div>
<div><u>Essex Cty 1.45 4.89 192.31 0.95 4.59 180.80<br>
</u></div>
<div><u>Mdsx Low 1.45 4.89 192.31 0.95 4.59 180.80<br>
</u></div>
<div><u>Mdsx High 1.45 4.89 192.31 1.00 4.64 182.77<br>
</u></div>
<div><u>Mdsx Avg 1.45 -0.07 4.89 192.31 0.98 -0.46 4.62 181.78<br>
</u></div>
<div><u>Hensall 1.48 4.91 193.30 1.00 4.64 182.77<br>
</u></div>
<div><u>Bruce 1.45 4.89 192.31 0.95 4.59 180.80<br>
</u></div>
<div><u>Putnam 1.45 4.89 192.31 1.00 4.64 182.77<br>
</u></div>
<div><u>Burford 1.45 4.89 192.31 0.95 4.59 180.80<br>
</u></div>
<div><u>Port Perry 1.45 4.89 192.31 1.05 4.69 184.74<br>
</u></div>
<div><u>Norfolk 1.45 4.89 192.31 0.95 4.59 180.80<br>
</u></div>
<div><u>Palmerston 1.48 4.92 193.49 0.99 4.63 182.37<br>
</u></div>
<div><u>Varna 1.45 4.89 192.31 0.95 4.59 180.80<br>
</u></div>
<div><u>Trenton 1.55 4.99 196.25 1.15 4.79 188.67<br>
</u></div>
<div><u>Winchester 1.60 5.04 198.22 1.50 5.14 202.45<br>
</u></div>
<div><u>North Gower 1.55 4.99 196.25 1.45 5.09 200.48<br>
</u></div>
<div><u>Huron FOB 1.65 5.09 200.19 1.05 4.69 184.74<br>
</u></div>
<div><u>Kent FOB 1.60 5.04 198.22 1.05 4.69 184.74<br>
</u></div>
<div><u>Lamb FOB N/A 1.10 4.74 186.70<br>
</u></div>
<div><u>Mdsx FOB N/A N/A N/A N/A 1.05 4.69 184.74<br>
</u></div>
<div><u>FOB SW Que 2.48 5.92 232.86N/A<br>
</u></div>
<div><u>Track 1.97 5.40 212.59N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A N/A<br>
</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A<br>
</u></div>
<div><u>Aylmer-Eth N/A N/A N/A N/A 1.30 4.94 194.58<br>
</u></div>
<div><u>Sarn-Eth N/A N/A 1.70N/A N/A<br>
</u></div>
<div><u>London-Ing N/A N/A N/A N/A 1.35 4.99 196.55<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 1.45 5.09 200.48<br>
</u></div>
<div><u>W O Feed 2.28 5.72 225.07<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.58 6.02 236.80<br>
</u></div>
<div><u>Toledo El. -0.07 3.36 132.37 -0.29 3.35 131.98<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.50 4.94 194.28 1.10 4.74 186.70<br>
</u></div>
<div><u>Prescott 2.20 5.64 221.84 1.50 5.14202 4/9<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.45 4.88 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 1.4504 up 0.0080<br>
</u></div>
<div><u>Chicago soybeans closed mixed.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAY20 HI 8.85 1/4 NOV20 HI 8.73 1/4<br>
</u></div>
<div><u> LOW 8.58 1/4 LOW 8.58<br>
</u></div>
<div><u> CLOSE8.84 Up 21 1/2 CLOSE 8.72 1/2 Up 11 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 3.10 11.94 438.722.90 11.63 427.15<br>
</u></div>
<div><u>CK High 3.23 12.07 443.503.08 11.81 433.76<br>
</u></div>
<div><u>CK Average 3.15 -0.5811.99 440.433.00 -0.6411.72 430.70<br>
</u></div>
<div><u>Essex Cty 3.15 11.99 440.563.00 11.73 430.82<br>
</u></div>
<div><u>Mdsx Low 3.15 11.99 440.563.00 11.73 430.82<br>
</u></div>
<div><u>Mdsx High 3.24 12.08 443.863.06 11.79 433.02<br>
</u></div>
<div><u>Mdsx Average 3.20 -0.5412.04 442.213.03 -0.6211.76 431.92<br>
</u></div>
<div><u>Hensall 3.13 11.97 439.643.00 11.73 430.82<br>
</u></div>
<div><u>Bruce 3.10 11.94 438.723.00 11.73 430.82<br>
</u></div>
<div><u>Putnam 3.15 11.99 440.563.00 11.73 430.82<br>
</u></div>
<div><u>Burford 3.31 12.15 446.443.13 11.86 435.60<br>
</u></div>
<div><u>Port Perry 3.23 12.07 443.503.05 11.78 432.66<br>
</u></div>
<div><u>Norfolk 3.15 11.99 440.563.00 11.73 430.82<br>
</u></div>
<div><u>Palmerston 3.40 12.24 449.743.14 11.87 435.96<br>
</u></div>
<div><u>Varna 3.10 11.94 438.723.00 11.73 430.82<br>
</u></div>
<div><u>Trenton 3.10 11.94 438.722.90 11.63 427.15<br>
</u></div>
<div><u>Winchester 3.05 11.89 436.883.00 11.73 430.82<br>
</u></div>
<div><u>North Gower 3.10 11.94 438.722.90 11.63 427.15<br>
</u></div>
<div><u>Huron FOB 3.30 12.14 446.073.10 11.83 434.49<br>
</u></div>
<div><u>Kent FOB 3.30 12.14 446.073.00 11.73 430.82<br>
</u></div>
<div><u>Lambton FOB 3.20 12.04 442.393.20 11.93 438.17<br>
</u></div>
<div><u>Middlesex FOB3.29 3.36 N/A N/A 12.13 445.703.17 11.90 437.07<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 3.92 12.76 468.853.43 12.16 446.62<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 3.75 12.59 462.603.50 12.23 449.19<br>
</u></div>
<div><u>Prescott N/A 2.85 11.58 425.31<br>
</u></div>
<div><u>Port Colborne3.56 12.40 455.623.58 12.31 452.13<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.04 8.88 326.41-0.44 8.29 304.60<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.4504 up 0.0080<br>
</u></div>
<div><u>Chicago wheat closed moderately higher to higher.<br>
</u></div>
<div><u>MAY20 HI 5.63 1/4 JUL20 HI 5.58<br>
</u></div>
<div><u> LOW 5.37 1/4 LOW 5.34 1/2<br>
</u></div>
<div><u> CLOSE 5.62 1/2 Up 23 1/4 CLOSE 5.55 3/4 Up 20<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately higher.<br>
</u></div>
<div><u>MAY20 HI 5.34 3/4 SEP20 HI 5.51 3/4<br>
</u></div>
<div><u> LOW 5.20 LOW 5.37 1/4<br>
</u></div>
<div><u> CLOSE 5.30 1/4 Up 9 1/4 CLOSE 5.46 1/4 Up 8<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 2.82 3.04 2.82 1.95<br>
</u></div>
<div><u>CAD $/bu 8.45 8.67 8.45 7.26<br>
</u></div>
<div><u>CAD $/tonne 310.44 318.43 310.44 266.60<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 1.75 N/A<br>
</u></div>
<div><u>London 2.57 2.85 2.42 N/A 2.04 2.33 1.75 N/A<br>
</u></div>
<div><u>Hensall 2.30 N/A 2.30 N/A 1.95 N/A 1.75 N/A<br>
</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.75 N/A<br>
</u></div>
<div><u>Bruce 2.30 2.70 2.30 2.15 1.95 2.15 1.75 1.50<br>
</u></div>
<div><u>Essex N/A N/A 2.30 N/A N/A N/A 1.75 N/A<br>
</u></div>
<div><u>Norwich 2.30 N/A 2.30 N/A 1.95 N/A 1.75 N/A<br>
</u></div>
<div><u>Port Hope N/A N/A 2.30 N/A N/A N/A 1.75 N/A<br>
</u></div>
<div><u>Kent Bridge 2.30 N/A 2.30 N/A 1.95 N/A 1.75 N/A<br>
</u></div>
<div><u>Chatham N/A N/A 2.30 N/A N/A N/A 1.75 N/A<br>
</u></div>
<div><u>Brigden N/A N/A 2.30 N/A N/A N/A 1.75 N/A<br>
</u></div>
<div><u>Palmerston N/A 2.97 2.39 2.46 N/A 2.15 1.71 1.81<br>
</u></div>
<div><u>Varna 2.40 2.70 2.30 N/A 1.95 2.15 1.75 N/A<br>
</u></div>
<div><u>Mitchell 2.30 2.50 2.30 N/A 1.95 2.15 1.75 N/A<br>
</u></div>
<div><u>Thornton N/A N/A N/A 2.83 N/A N/A N/A N/A<br>
</u></div>
<div><u>North Gower N/A 2.50 2.30 1.55 N/A 2.25 2.10 1.45<br>
</u></div>
<div><u>W O Feed 3.18<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 2.84 N/A N/A N/A 2.20 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 2.90 N/A N/A N/A 2.65 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.78US 8.38CA 5.66US 8.21CA<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 2.29 2.58 2.29 1.66<br>
</u></div>
<div><u>CAD $/bu 7.84 8.13 7.84 7.13<br>
</u></div>
<div><u>CAD $/tonne 288.19 298.85 288.19 261.81<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 555.13<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 265.00 - 320.00<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>
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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
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