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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, November 23</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 1.3088 down 0.0001</u></div>
<div><u>Chicago corn closed slightly to moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> DEC20 HI 4.29 3/4 DEC21 HI 4.12 3/4</u></div>
<div><u> LOW 4.23 1/2 LOW 4.09 1/2</u></div>
<div><u> CLOSE4.26 1/2 Up 3 1/4 CLOSE 4.11 Up 2 3/4</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 5.57 219.08 0.90 5.01 197.23</u></div>
<div><u>CK High 1.30 5.57 219.08 0.95 5.06 199.20</u></div>
<div><u>CK Avg 1.30 -0.01 5.57 219.08 0.91 -0.27 5.02 197.56</u></div>
<div><u>Essex Cty 1.30 5.57 219.08 0.90 5.01 197.23</u></div>
<div><u>Mdsx Low 1.30 5.57 219.08 0.90 5.01 197.23</u></div>
<div><u>Mdsx High 1.30 5.57 219.08 0.90 5.01 197.23</u></div>
<div><u>Mdsx Avg 1.30 -0.01 5.57 219.08 0.90 -0.28 5.01 197.23</u></div>
<div><u>Hensall 1.32 5.58 219.74 0.92 5.03 197.89</u></div>
<div><u>Bruce 1.30 5.57 219.08 0.90 5.01 197.23</u></div>
<div><u>Putnam 1.30 5.57 219.08 0.90 5.01 197.23</u></div>
<div><u>Burford 1.35 5.62 221.05 0.90 5.01 197.23</u></div>
<div><u>Port Perry 1.40 5.67 223.02 1.00 5.11 201.17</u></div>
<div><u>Norfolk 1.30 5.57 219.08 0.90 5.01 197.23</u></div>
<div><u>Palmerston 1.31 5.58 219.48 0.87 4.98 196.05</u></div>
<div><u>Varna 1.30 5.57 219.08 0.90 5.01 197.23</u></div>
<div><u>Trenton 1.45 5.72 224.99 0.95 5.06 199.20</u></div>
<div><u>Winchester 1.55 5.82 228.93 1.25 5.36 211.01</u></div>
<div><u>North Gower 1.45 5.72 224.99 1.25 5.36 211.01</u></div>
<div><u>Vankleek Hil 1.38 5.65 222.23 1.03 5.14 202.35</u></div>
<div><u>Huron FOB 1.43 1.56 1.58N/A 5.70 224.20N/A</u></div>
<div><u>Kent FOB 1.40 5.67 223.02 0.95 5.06 199.20</u></div>
<div><u>Lamb FOB 1.50 5.77 226.96 1.05 5.16 203.14</u></div>
<div><u>Mdsx FOB 1.40 1.60 1.65 1.70 5.67 223.02 1.00 5.11 201.17</u></div>
<div><u>FOB SW Que 1.96 6.23 245.07N/A</u></div>
<div><u>Track 1.86 6.12 240.93N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 1.86 1.92 1.14 5.25 206.68</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.46 5.57 219.28</u></div>
<div><u>Aylmer-Eth 1.75 1.83 1.83 1.85 6.02 236.80 1.20 5.31 209.05</u></div>
<div><u>Sarn-Eth N/A 1.65 1.70 1.75 N/A</u></div>
<div><u>London-Ing N/A N/A 1.80 1.85 1.25 5.36 211.01</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 1.35 5.46 214.95</u></div>
<div><u>W O Feed 1.92 6.19 243.57</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.97 6.24 245.46</u></div>
<div><u>Toledo El. 0.00 4.27 167.91 -0.26 3.85 151.50</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.80 6.07 238.77 1.00 5.11 201.17</u></div>
<div><u>Prescott 1.70 5.97 234.83 1.37 5.48 215.74</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.30 5.56 1/2</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3088 down 0.0001</u></div>
<div><u>Chicago soybeans closed slightly to moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> JAN21 HI 12.00 NOV21 HI 10.59 3/4</u></div>
<div><u> LOW 11.86 LOW 10.52 1/4</u></div>
<div><u> CLOSE11.91 1/2 Up 10 1/2 CLOSE 10.55 1/2 Up 6</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 3.04 14.96 549.50 2.48 13.04 478.95</u></div>
<div><u>CK High 3.05 14.97 549.87 2.50 13.06 479.69</u></div>
<div><u>CK Average 3.05 -0.48 14.96 549.81 2.50 -0.58 13.05 479.57</u></div>
<div><u>Essex Cty 3.00 14.92 548.03 2.50 13.06 479.69</u></div>
<div><u>Mdsx Low 3.05 14.97 549.87 2.49 13.05 479.32</u></div>
<div><u>Mdsx High 3.05 14.97 549.87 2.50 13.06 479.69</u></div>
<div><u>Mdsx Average3.05 -0.48 14.97 549.87 2.50 -0.58 13.05 479.51</u></div>
<div><u>Hensall 3.05 14.97 549.87 2.50 13.06 479.69</u></div>
<div><u>Bruce 3.05 14.97 549.87 2.50 13.06 479.69</u></div>
<div><u>Putnam 3.05 14.97 549.87 2.50 13.06 479.69</u></div>
<div><u>Burford 3.12 15.04 552.44 2.56 13.12 481.89</u></div>
<div><u>Port Perry 3.04 14.96 549.50 2.48 13.04 478.95</u></div>
<div><u>Norfolk 3.05 14.97 549.87 2.50 13.06 479.69</u></div>
<div><u>Palmerston 3.10 15.02 551.71 2.52 13.08 480.42</u></div>
<div><u>Varna 3.05 14.97 549.87 2.50 13.06 479.69</u></div>
<div><u>Trenton 3.05 14.97 549.87 2.50 13.06 479.69</u></div>
<div><u>Winchester 3.22 15.14 556.12 2.71 13.27 487.41</u></div>
<div><u>North Gower 2.87 14.79 543.26 2.62 13.18 484.10</u></div>
<div><u>Vankleek Hil2.87 14.79 543.26 2.54 13.10 481.16</u></div>
<div><u>Huron FOB 3.26 3.32 3.34 N/A 15.18 557.59 N/A</u></div>
<div><u>Kent FOB 3.10 15.02 551.71 2.50 13.06 479.69</u></div>
<div><u>Lambton FOB 3.25 15.17 557.22 2.70 13.26 487.04</u></div>
<div><u>Mdsx FOB 3.31 3.37 3.37 3.44 15.23 559.42 2.70 13.26 487.04</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.43 15.35 563.83 2.93 13.49 495.49</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.55 15.47 568.24 2.95 13.51 496.22</u></div>
<div><u>Prescott 3.14 15.06 553.18 2.80 13.36 490.71</u></div>
<div><u>Port Colborn3.65 15.57 571.92 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.00 11.92 437.80 -0.46 10.10 371.01</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3088 down 0.0001</u></div>
<div><u>Chicago wheat closed slightly higher.</u></div>
<div><u>DEC20 HI 6.04 3/4 JUL21 HI 6.06</u></div>
<div><u> LOW 5.95 3/4 LOW 5.99</u></div>
<div><u> CLOSE 5.98 3/4 Up 5 1/2 CLOSE 6.01 3/4 Up 3 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed narrowly mixed.</u></div>
<div><u>DEC20 HI 5.50 SEP21 HI 5.90</u></div>
<div><u> LOW 5.41 3/4 LOW 5.85</u></div>
<div><u> CLOSE 5.42 1/2 Down 1 1/2 CLOSE 5.86 Up 1 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 1.39 1.59 1.39 1.22</u></div>
<div><u>CAD $/bu 7.38 7.57 7.38 6.64</u></div>
<div><u>CAD $/tonne 271.11 278.33 271.11 244.06</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 1.31 1.24 1.18 N/A 1.38 1.38 1.08 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 1.26 1.06 1.35 N/A 1.42 1.09 1.22</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 1.55 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.25 1.15 0.85 N/A 1.47 1.17 0.80</u></div>
<div><u>W O Feed 1.79</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.64 N/A N/A N/A 1.55 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.85 N/A N/A N/A 1.98 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.79US 7.57CA 5.97US 7.81CA</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 1.58 1.71 1.41 1.02</u></div>
<div><u>CAD $/bu 7.60 7.73 7.43 6.88</u></div>
<div><u>CAD $/tonne 279.12 283.93 272.87 252.81</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 639.24</u></div>
<div><u>DDG's FOB Srn & Aylm 305.00</u></div>
<div><u><br>
</u></div>
<br>
<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>
<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"">University of Guelph, Ridgetown Campus<o:p> </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""><o:p> </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"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes">
</span><o:p> </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"">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>
<br>
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unsubscribe from this report.</span><br>
<span style="background: rgb(253, 253, 253);">This Farm Market News product is sponsored by:</span><br>
<span style="background: rgb(253, 253, 253);">Grain Farmers of Ontario<o:p style=""> </o:p></span></span></p>
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