FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, September 17 (All Bases in CAD) Exchange rate was 1.3185 up 0.0031 Chicago corn closed slightly higher. DEC20 HI 3.77 1/4 DEC20 HI 3.77 1/4 LOW 3.68 LOW 3.68 CLOSE3.75 1/4 Up 3 1/2 CLOSE 3.75 1/4 Up 3 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +DEC20+DEC20+MAR21 CK Low 1.60 5.35 210.72 1.00 4.75 187.10 CK High 1.65 5.40 212.69 1.05 4.80 189.07 CK Avg 1.63 0.33 5.39 212.03 1.03 -0.12 4.79 188.41 Essex Cty 1.65 5.40 212.69 1.05 4.80 189.07 Mdsx Low 1.65 5.40 212.69 1.05 4.80 189.07 Mdsx High 1.65 5.40 212.69 1.05 4.80 189.07 Mdsx Avg 1.65 0.35 5.40 212.69 1.05 -0.11 4.80 189.07 Hensall 1.67 5.42 213.34 1.03 4.79 188.41 Bruce 1.60 5.35 210.72 1.00 4.75 187.10 Putnam 1.65 5.40 212.69 1.05 4.80 189.07 Burford 1.65 5.40 212.69 1.05 4.80 189.07 Port Perry 1.65 5.40 212.69 1.20 4.95 194.97 Norfolk 1.65 5.40 212.69 1.05 4.80 189.07 Palmerston 1.70 5.45 214.66 1.07 4.82 189.85 Varna 1.65 5.40 212.69 1.00 4.75 187.10 Trenton 1.65 5.40 212.69 1.20 4.95 194.97 Winchester N/A 1.50 5.25 206.78 North Gower 1.60 5.35 210.72 1.45 5.20 204.81 Vankleek Hil 1.32 5.07 199.70 1.17 4.92 193.79 Huron FOB 2.03 5.78 227.65 1.21 4.96 195.36 Kent FOB 1.85 5.60 220.56 1.15 4.90 193.00 Lamb FOB 1.83 5.58 219.77 1.10 4.85 191.03 Mdsx FOB 1.90 1.15 1.15N/A 5.65 222.53 1.15 4.90 193.00 FOB SW Que 1.79 5.54 218.20N/A Track 2.17 5.92 232.96N/A PROCESSORS Chat-Eth 1.89N/A N/A 1.32 5.64 222.14N/A Jhnstwn-Eth N/A N/A 1.49 1.52 1.49 5.24 206.39 Aylmer-Eth N/A N/A N/A N/A N/A Sarn-Eth N/A N/A 1.25N/A 1.25 5.00 196.94 London-Ing 1.90 1.95 1.45 1.45 5.65 222.53 1.45 5.20 204.81 Pt.Colb-Ing N/A N/A N/A N/A N/A Cardnl-Ing N/A 1.70 1.65 1.50 1.65* 5.40 212.69 W O Feed 2.31 6.06 238.67 US Rep 2.05 5.80 228.43 Toledo El. -0.20 3.55 139.94 -0.26 3.49 137.34 TRANSFER Pt. Colb 2.10 5.85 230.40 1.40 5.15 202.84 Prescott 1.83 5.58 219.77 1.66 5.41 213.08 HI SD CRN 1.05 4.80 1/4 *Wet Bid Exchange rate was 1.3185 up 0.0031 Chicago soybeans closed mixed. NOV20 HI 10.32 1/4 NOV21 HI 9.77 1/2 LOW 10.05 LOW 9.61 3/4 CLOSE10.28 1/2 Up 17 1/4 CLOSE 9.71 1/2 Up 3 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV20+NOV20+JAN21 CK Low 2.60 12.89 473.44 2.40 12.12 445.15 CK High 2.66 12.95 475.65 2.42 12.14 445.88 CK Average 2.64 -0.49 12.92 474.73 2.40 -0.53 12.12 445.30 Essex Cty 2.65 12.94 475.28 2.40 12.12 445.15 Mdsx Low 2.64 12.93 474.91 2.40 12.12 445.15 Mdsx High 2.65 12.94 475.28 2.40 12.12 445.15 Mdsx Average2.65 -0.48 12.93 475.10 2.40 -0.53 12.12 445.15 Hensall 2.58 12.87 472.83 2.43 12.15 446.37 Bruce 2.65 12.94 475.28 2.40 12.12 445.15 Putnam 2.65 12.94 475.28 2.40 12.12 445.15 Burford 2.71 13.00 477.48 2.47 12.19 447.72 Port Perry 2.63 12.92 474.55 2.39 12.11 444.78 Norfolk 2.65 12.94 475.28 2.40 12.12 445.15 Palmerston 2.55 12.84 471.61 2.42 12.14 445.88 Varna 2.55 12.84 471.61 2.45 12.17 446.99 Trenton 2.50 12.79 469.77 2.35 12.07 443.31 Winchester 2.75 13.04 478.95 2.54 12.26 450.29 North Gower 2.73 13.02 478.22 2.20 11.92 437.80 Vankleek Hil2.65 12.94 475.28 2.50 12.22 448.82 Huron FOB 2.96 13.25 486.67 N/A Kent FOB 2.65 12.94 475.28 2.40 12.12 445.15 Lambton FOB 2.80 13.09 480.79 2.35 12.07 443.31 Mdsx FOB 2.96 2.83 2.89 N/A 13.25 486.67 2.59 12.31 452.13 PROCESSORS Windsor 3.10 13.39 491.81 2.53 12.25 449.93 TRANSFER Hamilton 3.05 13.34 489.98 2.80 12.52 459.85 Prescott 3.00 13.29 488.14 2.75 12.47 458.01 Port Colborn3.24 13.53 496.96 N/A Toledo El. -0.26 10.02 368.22 -0.46 9.25 340.00 Exchange rate was 1.3185 up 0.0031 Chicago wheat closed moderately higher to higher. DEC20 HI 5.57 1/4 JUL21 HI 5.67 3/4 LOW 5.37 1/4 LOW 5.50 1/2 CLOSE 5.56 1/4 Up 14 1/4 CLOSE 5.67 1/4 Up 11 1/2 Minni wheat closed moderately higher. DEC20 HI 5.42 3/4 SEP21 HI 5.76 1/4 LOW 5.29 LOW 5.68 3/4 CLOSE 5.41 1/2 Up 10 CLOSE 5.75 1/4 Up 7 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.57 1.77 1.44 1.26 CAD $/bu 7.14 7.33 7.00 6.68 CAD $/tonne 262.21 269.48 257.37 245.38 Direct MarkHarvest 2020 Harvest 2021 DELIVERED BASIS DELIVERED BASIS Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M) ELEVATORS Brgssvll N/A N/A 0.95 N/A N/A N/A 1.05 N/A London 1.05 1.12 0.92 N/A 1.43 1.43 1.03 N/A Hensall 1.20 N/A 0.95 N/A 1.30 N/A 1.05 N/A Trenton N/A N/A 1.00 N/A N/A N/A 1.00 N/A Bruce 1.00 1.15 0.95 0.95 1.10 1.25 1.00 N/A Essex N/A N/A 0.95 N/A N/A N/A 1.05 N/A Norwich 1.20 N/A 0.95 N/A 1.30 N/A 1.05 N/A Port Hope N/A N/A 0.95 N/A N/A N/A 1.00 N/A Kent Bridge 1.20 N/A 0.95 N/A 1.30 N/A 1.05 N/A Chatham N/A N/A 0.95 N/A N/A N/A 1.05 N/A Brigden N/A N/A 0.95 N/A N/A N/A 1.05 N/A Palmerston N/A 1.44 1.05 1.13 N/A 1.60 1.14 0.78 Varna 1.05 1.25 0.95 N/A 1.25 1.30 1.00 N/A Mitchell 1.20 1.30 0.95 N/A 1.30 1.40 1.05 N/A Thornton N/A N/A N/A 1.07 N/A N/A N/A N/A North Gower N/A 1.40 1.25 1.00 N/A 1.67 1.40 0.88 W O Feed 1.59 TERMINAL Port Colbor N/A N/A 1.39 N/A N/A N/A 1.43 N/A PROCESSORS Toledo FM N/A N/A 1.77 N/A N/A N/A 1.94 N/A Toledo El. 5.46US 7.20CA 5.62US 7.42CA GFO Contract Wheat Prices - DEL Terminal Harvest 21 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.68 1.81 1.48 1.04 CAD $/bu 7.35 7.48 7.15 6.80 CAD $/tonne 270.12 274.97 262.85 249.77 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 504.10 DDG's FOB Srn & Aylm 240.00