FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, September 23 (All Bases in CAD) Exchange rate was 1.3366 up 0.0067 Chicago corn closed slightly lower. DEC20 HI 3.70 1/4 DEC20 HI 3.70 1/4 LOW 3.65 3/4 LOW 3.65 3/4 CLOSE3.68 1/2 Down 3/4 CLOSE 3.68 1/2 Down 3/4 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 5.29 208.06 1.10 4.79 188.38 CK High 1.65 5.34 210.03 1.10 4.79 188.38 CK Avg 1.64 0.30 5.33 209.70 1.10 -0.10 4.79 188.38 Essex Cty 1.65 5.34 210.03 1.10 4.79 188.38 Mdsx Low 1.65 5.34 210.03 1.10 4.79 188.38 Mdsx High 1.65 5.34 210.03 1.10 4.79 188.38 Mdsx Avg 1.65 0.31 5.34 210.03 1.10 -0.10 4.79 188.38 Hensall 1.67 5.35 210.69 1.12 4.80 189.03 Bruce 1.65 5.34 210.03 1.05 4.74 186.41 Putnam 1.65 5.34 210.03 1.10 4.79 188.38 Burford 1.65 5.34 210.03 1.10 4.79 188.38 Port Perry 1.65 5.34 210.03 1.20 4.89 192.31 Norfolk 1.65 5.34 210.03 1.10 4.79 188.38 Palmerston 1.75 5.44 213.97 1.11 4.80 188.77 Varna 1.65 5.34 210.03 1.10 4.79 188.38 Trenton 1.60 5.29 208.06 1.20 4.89 192.31 Winchester N/A 1.50 5.19 204.12 North Gower 1.65 5.34 210.03 1.45 5.14 202.16 Vankleek Hil 1.36 5.05 198.61 1.22 4.91 193.10 Huron FOB 2.07 5.76 226.56 1.20 4.89 192.31 Kent FOB 1.85 5.54 217.90 1.20 4.89 192.31 Lamb FOB 1.83 5.52 217.12 1.10 4.79 188.38 Mdsx FOB 2.10 1.20 1.20N/A 5.79 227.75 1.20 4.89 192.31 FOB SW Que 1.72 5.41 212.79N/A Track 2.12 5.80 228.34N/A PROCESSORS Chat-Eth N/A N/A N/A 1.45 N/A Jhnstwn-Eth N/A N/A 1.56 1.59 1.56 5.25 206.49 Aylmer-Eth N/A N/A N/A N/A N/A Sarn-Eth N/A N/A 1.25N/A 1.25 4.94 194.28 London-Ing N/A 1.65 1.45 1.45 1.45 5.14 202.16 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* 5.34 210.03 W O Feed 2.40 6.09 239.71 US Rep 2.11 5.80 228.14 Toledo El. -0.20 3.48 137.18 -0.27 3.42 134.56 TRANSFER Pt. Colb 2.20 5.89 231.68 1.50 5.19 204.12 Prescott 1.89 5.58 219.48 1.75 5.44 213.97 HI SD CRN 1.10 4.78 1/2 *Wet Bid Exchange rate was 1.3366 up 0.0067 Chicago soybeans closed mixed. NOV20 HI 10.25 1/2 NOV21 HI 9.61 3/4 LOW 10.11 LOW 9.54 CLOSE10.14 1/2 Down 5 1/4 CLOSE 9.56 Down 3 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV20+NOV20+JAN21 CK Low 2.69 12.84 471.61 2.45 12.01 441.29 CK High 2.70 12.85 471.97 2.49 12.05 442.76 CK Average 2.70 -0.54 12.84 471.91 2.46 -0.56 12.02 441.59 Essex Cty 2.70 12.85 471.97 2.45 12.01 441.29 Mdsx Low 2.67 12.82 470.87 2.45 12.01 441.29 Mdsx High 2.70 12.85 471.97 2.47 12.03 442.03 Mdsx Average2.69 -0.55 12.83 471.42 2.46 -0.55 12.02 441.66 Hensall 2.70 12.85 471.97 2.45 12.01 441.29 Bruce 2.70 12.85 471.97 2.45 12.01 441.29 Putnam 2.70 12.85 471.97 2.45 12.01 441.29 Burford 2.74 12.89 473.44 2.54 12.10 444.60 Port Perry 2.66 12.81 470.50 2.46 12.02 441.66 Norfolk 2.70 12.85 471.97 2.45 12.01 441.29 Palmerston 2.69 12.84 471.61 2.53 12.09 444.23 Varna 2.70 12.85 471.97 2.45 12.01 441.29 Trenton 2.70 12.85 471.97 2.45 12.01 441.29 Winchester 2.82 12.97 476.38 2.62 12.18 447.54 North Gower 2.77 12.92 474.55 2.51 12.07 443.50 Vankleek Hil2.93 13.08 480.42 2.56 12.12 445.33 Huron FOB 2.82 12.97 476.38 N/A Kent FOB 2.70 12.85 471.97 2.45 12.01 441.29 Lambton FOB 2.75 12.90 473.81 2.40 11.96 439.45 Mdsx FOB 2.85 2.87 3.00 N/A 13.00 477.48 2.66 12.22 449.01 PROCESSORS Windsor 3.22 13.37 491.08 2.62 12.18 447.54 TRANSFER Hamilton 3.20 13.35 490.34 2.85 12.41 455.99 Prescott 3.15 13.30 488.51 2.80 12.36 454.15 Port Colborn3.26 13.41 492.55 N/A Toledo El. -0.27 9.88 362.94 -0.47 9.09 334.11 Exchange rate was 1.3366 up 0.0067 Chicago wheat closed moderately lower. DEC20 HI 5.60 1/4 JUL21 HI 5.70 LOW 5.47 1/4 LOW 5.58 1/2 CLOSE 5.49 Down 9 CLOSE 5.60 3/4 Down 7 1/4 Minni wheat closed slightly to moderately lower. DEC20 HI 5.41 3/4 SEP21 HI 5.67 3/4 LOW 5.32 1/2 LOW 5.67 3/4 CLOSE 5.33 Down 6 3/4 CLOSE 5.67 3/4 Down 3 3/4 GFO Cash Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.38 1.58 1.38 1.33 CAD $/bu 6.87 7.07 6.87 6.66 CAD $/tonne 252.44 259.81 252.44 244.58 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 1.00 N/A N/A N/A 1.10 N/A London 1.19 1.26 1.06 N/A 1.56 1.56 1.16 N/A Hensall 1.30 N/A 1.00 N/A 1.35 N/A 1.10 N/A Trenton N/A N/A 0.95 N/A N/A N/A 1.05 N/A Bruce 1.00 1.15 0.95 0.95 1.15 1.25 1.05 N/A Essex N/A N/A 1.05 N/A N/A N/A 1.15 N/A Norwich 1.30 N/A 1.00 N/A 1.35 N/A 1.10 N/A Port Hope N/A N/A 1.00 N/A N/A N/A 1.10 N/A Kent Bridge 1.30 N/A 1.00 N/A 1.35 N/A 1.10 N/A Chatham N/A N/A 1.05 N/A N/A N/A 1.15 N/A Brigden N/A N/A 1.05 N/A N/A N/A 1.15 N/A Palmerston N/A 1.52 1.12 1.19 N/A 1.67 1.20 0.83 Varna 1.10 1.20 1.05 N/A 1.30 1.25 1.15 N/A Mitchell 1.30 1.35 1.00 N/A 1.35 1.45 1.10 N/A Thornton N/A N/A N/A 1.22 N/A N/A N/A N/A North Gower N/A 1.40 1.25 1.00 N/A 1.71 1.46 0.92 W O Feed 1.66 TERMINAL Port Colbor N/A N/A 1.52 N/A N/A N/A 1.56 N/A PROCESSORS Toledo FM N/A N/A 1.85 N/A N/A N/A 2.01 N/A Toledo El. 5.39US 7.20CA 5.56US 7.42CA GFO Contract Wheat Prices - DEL Terminal Harvest 21 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.74 1.88 1.54 1.10 CAD $/bu 7.35 7.48 7.15 6.78 CAD $/tonne 270.09 275.00 262.74 249.00 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 545.21 DDG's FOB Srn & Aylm 250.00