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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, November 17</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3079 down 0.0016</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> DEC20 HI 4.22 DEC21 HI 4.08 1/2</u></div>
<div><u> LOW 4.17 1/4 LOW 4.06</u></div>
<div><u> CLOSE4.20 1/4 Up 4 CLOSE 4.07 1/2 Up 1/4</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP BASIS NEW CROP BASIS</u></div>
<div><u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt</u></div>
<div><u>ELEVATORS +MAR21+MAR21+MAR21</u></div>
<div><u>CK Low 1.30 5.50 216.62 0.90 4.98 195.86</u></div>
<div><u>CK High 1.30 5.50 216.62 0.95 5.03 197.83</u></div>
<div><u>CK Avg 1.30 0.00 5.50 216.62 0.91 -0.27 4.98 196.19</u></div>
<div><u>Essex Cty 1.30 5.50 216.62 0.90 4.98 195.86</u></div>
<div><u>Mdsx Low 1.30 5.50 216.62 0.90 4.98 195.86</u></div>
<div><u>Mdsx High 1.30 5.50 216.62 0.90 4.98 195.86</u></div>
<div><u>Mdsx Avg 1.30 0.00 5.50 216.62 0.90 -0.28 4.98 195.86</u></div>
<div><u>Hensall 1.32 5.52 217.28 0.92 4.99 196.51</u></div>
<div><u>Bruce 1.30 5.50 216.62 0.95 5.03 197.83</u></div>
<div><u>Putnam 1.30 5.50 216.62 0.90 4.98 195.86</u></div>
<div><u>Burford 1.35 5.55 218.59 0.90 4.98 195.86</u></div>
<div><u>Port Perry 1.40 5.60 220.56 1.00 5.08 199.79</u></div>
<div><u>Norfolk 1.30 5.50 216.62 0.90 4.98 195.86</u></div>
<div><u>Palmerston 1.29 5.49 216.23 0.86 4.94 194.28</u></div>
<div><u>Varna 1.30 5.50 216.62 0.90 4.98 195.86</u></div>
<div><u>Trenton 1.45 5.65 222.53 0.95 5.03 197.83</u></div>
<div><u>Winchester 1.55 5.75 226.47 1.25 5.33 209.64</u></div>
<div><u>North Gower 1.45 5.65 222.53 1.25 5.33 209.64</u></div>
<div><u>Vankleek Hil 1.38 5.58 219.77 1.03 5.11 200.97</u></div>
<div><u>Huron FOB 1.39 1.51 1.53 1.57 5.59 220.17N/A</u></div>
<div><u>Kent FOB 1.40 5.60 220.56 0.95 5.03 197.83</u></div>
<div><u>Lamb FOB 1.45 5.65 222.53 1.05 5.13 201.76</u></div>
<div><u>Mdsx FOB 1.35 1.50 1.55 1.65 5.55 218.59N/A</u></div>
<div><u>FOB SW Que 1.82 6.02 237.10N/A</u></div>
<div><u>Track 1.78 5.98 235.32N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 1.57 1.63 1.13 5.21 204.91</u></div>
<div><u>Jhnstwn-Eth N/A 1.58 1.63 1.69 1.39 5.47 215.15</u></div>
<div><u>Aylmer-Eth 1.60 1.75 1.76 1.80 5.80 228.43 1.20 5.28 207.67</u></div>
<div><u>Sarn-Eth N/A 1.65 1.70N/A N/A</u></div>
<div><u>London-Ing N/A N/A 1.80 1.85 1.25 5.33 209.64</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A N/A</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 1.30 5.38 211.60</u></div>
<div><u>W O Feed 1.87 6.07 239.06</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.95 6.15 242.21</u></div>
<div><u>Toledo El. 0.00 4.20 165.45 -0.26 3.81 150.12</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.70 5.90 232.37 1.00 5.08 199.79</u></div>
<div><u>Prescott 1.70 5.90 232.37 1.37 5.45 214.36</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.30 5.50 1/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3079 down 0.0016</u></div>
<div><u>Chicago soybeans closed slightly to moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> JAN21 HI 11.78 1/4 NOV21 HI 10.51 1/4</u></div>
<div><u> LOW 11.56 1/4 LOW 10.43 1/2</u></div>
<div><u> CLOSE11.69 3/4 Up 16 1/4 CLOSE 10.47 1/4 Up 2</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP NEW CROP</u></div>
<div><u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt</u></div>
<div><u>ELEVATORS +JAN21+JAN21+MAR21</u></div>
<div><u>CK Low 3.00 14.70 540.04 2.50 12.97 476.66</u></div>
<div><u>CK High 3.08 14.78 542.98 2.50 12.97 476.66</u></div>
<div><u>CK Average 3.04 -0.43 14.74 541.45 2.50 -0.57 12.97 476.66</u></div>
<div><u>Essex Cty 3.00 14.70 540.04 2.50 12.97 476.66</u></div>
<div><u>Mdsx Low 3.00 14.70 540.04 2.50 12.97 476.66</u></div>
<div><u>Mdsx High 3.09 14.79 543.35 2.51 12.98 477.03</u></div>
<div><u>Mdsx Average3.05 -0.43 14.74 541.69 2.51 -0.56 12.98 476.84</u></div>
<div><u>Hensall 3.03 14.73 541.27 2.50 12.97 476.66</u></div>
<div><u>Bruce 3.05 14.75 541.88 2.50 12.97 476.66</u></div>
<div><u>Putnam 3.00 14.70 540.04 2.50 12.97 476.66</u></div>
<div><u>Burford 3.16 14.86 545.92 2.58 13.05 479.60</u></div>
<div><u>Port Perry 3.08 14.78 542.98 2.50 12.97 476.66</u></div>
<div><u>Norfolk 3.05 14.75 541.88 2.50 12.97 476.66</u></div>
<div><u>Palmerston 3.02 14.72 540.78 2.51 12.98 477.03</u></div>
<div><u>Varna 3.05 14.75 541.88 2.50 12.97 476.66</u></div>
<div><u>Trenton 3.00 14.70 540.04 2.50 12.97 476.66</u></div>
<div><u>Winchester 3.13 14.83 544.82 2.69 13.16 483.64</u></div>
<div><u>North Gower 2.87 14.57 535.26 2.52 12.99 477.39</u></div>
<div><u>Vankleek Hil2.87 14.57 535.26 2.54 13.01 478.13</u></div>
<div><u>Huron FOB 3.05 3.31 3.33 3.22 14.75 541.88 N/A</u></div>
<div><u>Kent FOB 3.15 14.85 545.55 2.50 12.97 476.66</u></div>
<div><u>Lambton FOB 3.15 14.85 545.55 2.70 13.17 484.01</u></div>
<div><u>Mdsx FOB 3.28 3.35 3.35 3.35 14.98 550.33 2.57 13.04 479.23</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor N/A 2.91 13.38 491.72</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.60 15.30 562.09 2.90 13.37 491.36</u></div>
<div><u>Prescott 3.14 14.84 545.18 2.80 13.27 487.68</u></div>
<div><u>Port Colborn3.63 15.33 563.19 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.00 11.70 429.81 -0.46 10.01 367.96</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3079 down 0.0016</u></div>
<div><u>Chicago wheat closed slightly lower.</u></div>
<div><u>DEC20 HI 6.03 1/4 JUL21 HI 6.10 1/4</u></div>
<div><u> LOW 5.92 1/2 LOW 6.02</u></div>
<div><u> CLOSE 5.95 1/4 Down 2 3/4 CLOSE 6.04 1/4 Down 2 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>DEC20 HI 5.56 1/2 SEP21 HI 5.93</u></div>
<div><u> LOW 5.48 1/2 LOW 5.88 1/4</u></div>
<div><u> CLOSE 5.48 3/4 Down 5 3/4 CLOSE 5.88 1/4 Down 2 1/4</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 1.37 1.57 1.37 1.23</u></div>
<div><u>CAD $/bu 7.33 7.52 7.33 6.72</u></div>
<div><u>CAD $/tonne 269.23 276.44 269.23 246.89</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2020 Harvest 2021</u></div>
<div><u> DELIVERED BASIS DELIVERED BASIS</u></div>
<div><u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)</u></div>
<div><u>ELEVATORS</u></div>
<div><u>Brgssvll N/A N/A 1.20 N/A N/A N/A 1.10 N/A</u></div>
<div><u>London 1.20 1.26 1.13 N/A 1.41 1.41 1.11 N/A</u></div>
<div><u>Hensall 1.35 N/A 1.20 N/A 1.35 N/A 1.10 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.10 N/A</u></div>
<div><u>Bruce 1.30 1.30 1.20 1.35 1.30 1.30 1.10 1.25</u></div>
<div><u>Essex N/A N/A 1.20 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Norwich 1.35 N/A 1.20 N/A 1.35 N/A 1.10 N/A</u></div>
<div><u>Port Hope N/A N/A 1.15 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Kent Bridge 1.35 N/A 1.20 N/A 1.35 N/A 1.10 N/A</u></div>
<div><u>Chatham N/A N/A 1.20 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Brigden N/A N/A 1.20 N/A N/A N/A 1.15 N/A</u></div>
<div><u>Palmerston N/A 1.24 1.04 1.36 N/A 1.44 1.11 1.23</u></div>
<div><u>Varna 1.35 1.40 1.20 N/A 1.30 1.30 1.10 N/A</u></div>
<div><u>Mitchell 1.35 1.45 1.20 N/A 1.35 1.40 1.10 N/A</u></div>
<div><u>Thornton N/A N/A N/A 1.47 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.25 1.15 0.85 N/A 1.48 1.18 0.80</u></div>
<div><u>W O Feed 1.75</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.59 N/A N/A N/A 1.59 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.83 N/A N/A N/A 2.00 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.75US 7.52CA 5.99US 7.85CA</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 21 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 1.59 1.73 1.42 1.03</u></div>
<div><u>CAD $/bu 7.64 7.77 7.47 6.92</u></div>
<div><u>CAD $/tonne 280.62 285.43 274.36 254.16</u></div>
<div><u><br>
</u></div>
<div><u>(C)-Basis over the Chicago Board of Trade futures</u></div>
<div><u>(M)-Basis over the Minneapolis Grain Exchange</u></div>
<div><u><br>
</u></div>
<div><u>FEED GRAINS</u></div>
<div><u>FOB Hm Soymeal 640.23</u></div>
<div><u>DDG's FOB Srn & Aylm 300.00</u></div>
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</u></div>
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</u></div>
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<u><br>
</u></div>
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<p class="MsoNoSpacing" 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<o:p style=""> </o:p></span></p>
<p class="MsoNoSpacing" 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
<o:p> </o:p></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">University of Guelph, Ridgetown Campus<o:p> </o:p></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New""><o:p> </o:p></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes">
</span><o:p> </o:p></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
<o:p> </o:p></span></p>
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<span style="font-size: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
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