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FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, November 24
<div>(All Bases in CAD)</div>
<div>Exchange rate was 1.3005 down 0.0083</div>
<div>Chicago corn closed narrowly mixed.</div>
<div><br>
</div>
<div> DEC20 HI 4.26 1/2 DEC21 HI 4.12 1/2</div>
<div> LOW 4.16 1/2 LOW 4.06 1/4</div>
<div> CLOSE4.25 3/4 Down 3/4 CLOSE 4.12 1/4 Up 1 1/4</div>
<div><br>
</div>
<div> OLD CROP BASIS NEW CROP BASIS</div>
<div>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt</div>
<div>ELEVATORS +MAR21+MAR21+MAR21</div>
<div>CK Low 1.30 5.56 218.79 0.90 5.02 197.73</div>
<div>CK High 1.30 5.56 218.79 0.95 5.07 199.70</div>
<div>CK Avg 1.30 0.02 5.56 218.79 0.91 -0.25 5.03 198.06</div>
<div>Essex Cty 1.30 5.56 218.79 0.90 5.02 197.73</div>
<div>Mdsx Low 1.30 5.56 218.79 0.90 5.02 197.73</div>
<div>Mdsx High 1.30 5.56 218.79 0.90 5.02 197.73</div>
<div>Mdsx Avg 1.30 0.02 5.56 218.79 0.90 -0.26 5.02 197.73</div>
<div>Hensall 1.33 5.59 220.10 0.92 5.04 198.38</div>
<div>Bruce 1.30 5.56 218.79 0.90 5.02 197.73</div>
<div>Putnam 1.30 5.56 218.79 0.90 5.02 197.73</div>
<div>Burford 1.35 5.61 220.76 0.90 5.02 197.73</div>
<div>Port Perry 1.40 5.66 222.73 1.00 5.12 201.66</div>
<div>Norfolk 1.30 5.56 218.79 0.90 5.02 197.73</div>
<div>Palmerston 1.28 5.54 218.00 0.87 4.99 196.55</div>
<div>Varna 1.35 5.61 220.76 0.95 5.07 199.70</div>
<div>Trenton 1.45 5.71 224.69 0.95 5.07 199.70</div>
<div>Winchester 1.55 5.81 228.63 1.25 5.37 211.51</div>
<div>North Gower 1.45 5.71 224.69 1.25 5.37 211.51</div>
<div>Vankleek Hil 1.38 5.64 221.94 1.03 5.15 202.84</div>
<div>Huron FOB 1.42 1.55 1.57N/A 5.68 223.51N/A</div>
<div>Kent FOB 1.40 5.66 222.73 0.95 5.07 199.70</div>
<div>Lamb FOB 1.50 5.76 226.66 1.05 5.17 203.63</div>
<div>Mdsx FOB 1.40 1.60 1.65 1.70 5.66 222.73 1.00 5.12 201.66</div>
<div>FOB SW Que 2.02 6.28 247.13N/A</div>
<div>Track 1.84 6.10 240.05N/A</div>
<div>PROCESSORS</div>
<div>Chat-Eth N/A N/A 1.86 1.92 1.14 5.26 207.18</div>
<div>Jhnstwn-Eth N/A N/A N/A N/A 1.46 5.58 219.77</div>
<div>Aylmer-Eth 1.75 1.85 1.85 1.85 6.01 236.50 1.20 5.32 209.54</div>
<div>Sarn-Eth N/A 1.65 1.70 1.75 N/A</div>
<div>London-Ing N/A N/A 1.80 1.85 1.25 5.37 211.51</div>
<div>Pt.Colb-Ing N/A N/A N/A N/A N/A</div>
<div>Cardnl-Ing N/A N/A N/A N/A 1.35 5.47 215.44</div>
<div>W O Feed 1.90 6.16 242.49</div>
<div><br>
</div>
<div>US Rep 1.93 6.19 243.59</div>
<div>Toledo El. 0.04 4.30 169.15 -0.26 3.86 152.06</div>
<div><br>
</div>
<div>TRANSFER</div>
<div>Pt. Colb 1.80 6.06 238.47 1.00 5.12 201.66</div>
<div>Prescott 1.70 5.96 234.54 1.37 5.49 216.23</div>
<div><br>
</div>
<div><br>
</div>
<div>HI SD CRN 1.30 5.55 3/4</div>
<div>*Wet Bid</div>
<div><br>
</div>
<div><br>
</div>
<div>Exchange rate was 1.3005 down 0.0083</div>
<div>Chicago soybeans closed narrowly mixed.</div>
<div><br>
</div>
<div> JAN21 HI 11.94 NOV21 HI 10.58</div>
<div> LOW 11.74 LOW 10.42 3/4</div>
<div> CLOSE11.91 1/4 Down 1/4 CLOSE 10.56 Up 1/2</div>
<div><br>
</div>
<div> OLD CROP NEW CROP</div>
<div>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt</div>
<div>ELEVATORS +JAN21+JAN21+MAR21</div>
<div>CK Low 3.05 14.96 549.78 2.48 13.04 479.14</div>
<div>CK High 3.10 15.01 551.61 2.50 13.06 479.87</div>
<div>CK Average 3.09 -0.38 15.00 551.25 2.50 -0.52 13.06 479.75</div>
<div>Essex Cty 3.10 15.01 551.61 2.50 13.06 479.87</div>
<div>Mdsx Low 3.10 15.01 551.61 2.49 13.05 479.51</div>
<div>Mdsx High 3.10 15.01 551.61 2.50 13.06 479.87</div>
<div>Mdsx Average3.10 -0.37 15.01 551.61 2.50 -0.52 13.06 479.69</div>
<div>Hensall 3.08 15.00 551.00 2.50 13.06 479.87</div>
<div>Bruce 3.05 14.96 549.78 2.50 13.06 479.87</div>
<div>Putnam 3.10 15.01 551.61 2.50 13.06 479.87</div>
<div>Burford 3.17 15.08 554.19 2.56 13.12 482.08</div>
<div>Port Perry 3.09 15.00 551.25 2.48 13.04 479.14</div>
<div>Norfolk 3.10 15.01 551.61 2.50 13.06 479.87</div>
<div>Palmerston 3.00 14.91 547.94 2.53 13.09 480.98</div>
<div>Varna 3.10 15.01 551.61 2.50 13.06 479.87</div>
<div>Trenton 3.05 14.96 549.78 2.50 13.06 479.87</div>
<div>Winchester 3.22 15.13 556.02 2.71 13.27 487.59</div>
<div>North Gower 2.87 14.78 543.16 2.62 13.18 484.28</div>
<div>Vankleek Hil2.87 14.78 543.16 2.54 13.10 481.34</div>
<div>Huron FOB 3.23 3.30 3.32 3.39 15.14 556.39 N/A</div>
<div>Kent FOB 3.15 15.06 553.45 2.50 13.06 479.87</div>
<div>Lambton FOB 3.25 15.16 557.13 2.70 13.26 487.22</div>
<div>Mdsx FOB 3.29 3.35 3.35 3.35 15.20 558.60 2.70 13.26 487.22</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Windsor 3.33 15.24 560.07 2.86 13.42 493.10</div>
<div><br>
</div>
<div>TRANSFER</div>
<div>Hamilton 3.60 15.51 569.99 2.95 13.51 496.41</div>
<div>Prescott 3.14 15.05 553.08 2.80 13.36 490.90</div>
<div>Port Colborn3.63 15.54 571.09 N/A</div>
<div><br>
</div>
<div>Toledo El. 0.00 11.91 437.71 -0.46 10.10 371.29</div>
<div><br>
</div>
<div><br>
</div>
<div>Exchange rate was 1.3005 down 0.0083</div>
<div>Chicago wheat closed moderately higher to higher.</div>
<div>DEC20 HI 6.12 1/4 JUL21 HI 6.12 3/4</div>
<div> LOW 5.94 LOW 5.95 3/4</div>
<div> CLOSE 6.11 1/4 Up 12 1/2 CLOSE 6.12 Up 10 1/4</div>
<div><br>
</div>
<div>Minni wheat closed moderately higher.</div>
<div>DEC20 HI 5.51 SEP21 HI 5.95</div>
<div> LOW 5.40 1/2 LOW 5.83 3/4</div>
<div> CLOSE 5.50 3/4 Up 8 1/4 CLOSE 5.94 1/2 Up 8 1/2</div>
<div><br>
</div>
<div>GFO Cash Wheat Prices - DEL Terminal</div>
<div>Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</div>
<div>Basis 1.38 1.58 1.38 1.20</div>
<div>CAD $/bu 7.49 7.69 7.49 6.71</div>
<div>CAD $/tonne 275.36 282.52 275.36 246.45</div>
<div><br>
</div>
<div><br>
</div>
<div>Direct MarkHarvest 2020 Harvest 2021</div>
<div> DELIVERED BASIS DELIVERED BASIS</div>
<div>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)</div>
<div>ELEVATORS</div>
<div>Brgssvll N/A N/A 1.20 N/A N/A N/A 1.10 N/A</div>
<div>London 1.31 1.24 1.18 N/A 1.38 1.38 1.08 N/A</div>
<div>Hensall 1.35 N/A 1.20 N/A 1.35 N/A 1.10 N/A</div>
<div>Trenton N/A N/A N/A N/A N/A N/A 1.10 N/A</div>
<div>Bruce 1.30 1.30 1.20 1.35 1.30 1.30 1.10 1.25</div>
<div>Essex N/A N/A 1.20 N/A N/A N/A 1.05 N/A</div>
<div>Norwich 1.35 N/A 1.20 N/A 1.35 N/A 1.10 N/A</div>
<div>Port Hope N/A N/A 1.15 N/A N/A N/A 1.10 N/A</div>
<div>Kent Bridge 1.35 N/A 1.20 N/A 1.35 N/A 1.10 N/A</div>
<div>Chatham N/A N/A 1.20 N/A N/A N/A 1.05 N/A</div>
<div>Brigden N/A N/A 1.20 N/A N/A N/A 1.10 N/A</div>
<div>Palmerston N/A 1.25 1.06 1.33 N/A 1.45 1.12 1.21</div>
<div>Varna 1.35 1.40 1.20 N/A 1.30 1.30 1.10 N/A</div>
<div>Mitchell 1.35 1.45 1.20 N/A 1.35 1.40 1.10 N/A</div>
<div>Thornton N/A N/A N/A 1.65 N/A N/A N/A N/A</div>
<div>North Gower N/A 1.25 1.15 0.85 N/A 1.47 1.17 0.80</div>
<div>W O Feed 1.78</div>
<div><br>
</div>
<div>TERMINAL</div>
<div>Port Colbor N/A N/A 1.64 N/A N/A N/A 1.55 N/A</div>
<div><br>
</div>
<div>PROCESSORS</div>
<div>Toledo FM N/A N/A 1.84 N/A N/A N/A 1.97 N/A</div>
<div><br>
</div>
<div>Toledo El. 5.91US 7.69CA 6.07US 7.89CA</div>
<div><br>
</div>
<div>GFO Contract Wheat Prices - DEL Terminal</div>
<div>Harvest 21 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</div>
<div>Basis 1.57 1.70 1.40 1.01</div>
<div>CAD $/bu 7.69 7.82 7.52 6.95</div>
<div>CAD $/tonne 282.39 287.16 276.18 255.39</div>
<div><br>
</div>
<div>(C)-Basis over the Chicago Board of Trade futures</div>
<div>(M)-Basis over the Minneapolis Grain Exchange</div>
<div><br>
</div>
<div>FEED GRAINS</div>
<div>FOB Hm Soymeal 642.99</div>
<div>DDG's FOB Srn & Aylm 305.00</div>
</div>
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<span style="font-size:10pt; font-family:"Courier New"; line-height:20px">Blair Andrews </span></p>
<p style="margin:0in 0in 0.0001pt; font-size:11pt; font-family:Calibri,sans-serif; line-height:22px">
<span style="font-size:10pt; font-family:"Courier New"; line-height:20px">Editor, AgriLink and Farm Market News </span></p>
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<span style="font-size:10pt; font-family:"Courier New"; line-height:20px">University of Guelph, Ridgetown Campus </span></p>
<p style="margin:0in 0in 0.0001pt; font-size:11pt; font-family:Calibri,sans-serif; line-height:22px">
<span style="font-size:10pt; font-family:"Courier New"; line-height:20px"> </span></p>
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<span style="font-size:10pt; font-family:"Courier New"; line-height:20px">Email:<a href="mailto:fmnc@uoguelph.ca" dir="ltr" style="text-decoration-color:rgba(128,128,128,0.38)">fmnc@uoguelph.ca</a><span> <span> </span></span> </span></p>
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