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