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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, November 27</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 1.2985 down 0.0032</u></div>
<div><u>Chicago corn closed slightly to moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR21 HI 4.35 1/2 DEC21 HI 4.14 3/4</u></div>
<div><u> LOW 4.25 3/4 LOW 4.10 1/4</u></div>
<div><u> CLOSE4.33 3/4 Up 6 1/4 CLOSE 4.14 1/2 Up 3 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 1.22 5.56 218.79 0.90 5.05 198.61</u></div>
<div><u>CK High 1.30 5.64 221.94 0.95 5.10 200.58</u></div>
<div><u>CK Avg 1.27 -0.02 5.61 220.89 0.91 -0.25 5.05 198.94</u></div>
<div><u>Essex Cty 1.30 5.64 221.94 0.90 5.05 198.61</u></div>
<div><u>Mdsx Low 1.30 5.64 221.94 0.90 5.05 198.61</u></div>
<div><u>Mdsx High 1.30 5.64 221.94 0.90 5.05 198.61</u></div>
<div><u>Mdsx Avg 1.30 0.00 5.64 221.94 0.90 -0.26 5.05 198.61</u></div>
<div><u>Hensall 1.32 5.65 222.59 0.92 5.06 199.27</u></div>
<div><u>Bruce 1.30 5.64 221.94 0.90 5.05 198.61</u></div>
<div><u>Putnam 1.30 5.64 221.94 0.90 5.05 198.61</u></div>
<div><u>Burford 1.35 5.69 223.91 0.90 5.05 198.61</u></div>
<div><u>Port Perry 1.40 5.74 225.88 1.00 5.15 202.55</u></div>
<div><u>Norfolk 1.30 5.64 221.94 0.90 5.05 198.61</u></div>
<div><u>Palmerston 1.18 5.52 217.21 0.84 4.99 196.25</u></div>
<div><u>Varna 1.30 5.64 221.94 0.95 5.10 200.58</u></div>
<div><u>Trenton 1.40 5.74 225.88 1.00 5.15 202.55</u></div>
<div><u>Winchester 1.60 5.94 233.75 1.30 5.45 214.36</u></div>
<div><u>North Gower 1.37 5.71 224.69 1.25 5.40 212.39</u></div>
<div><u>Vankleek Hil 1.30 5.64 221.94 1.03 5.18 203.73</u></div>
<div><u>Huron FOB N/A 1.57 1.61 1.63 N/A</u></div>
<div><u>Kent FOB 1.40 5.74 225.88 0.95 5.10 200.58</u></div>
<div><u>Lamb FOB 1.37 5.71 224.69 1.05 5.20 204.52</u></div>
<div><u>Mdsx FOB N/A 1.60 1.60N/A 1.00 5.15 202.55</u></div>
<div><u>FOB SW Que 1.92 6.26 246.35N/A</u></div>
<div><u>Track 1.81 6.15 242.02N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 1.82 1.88 1.11 5.26 206.88</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.43 5.58 219.48</u></div>
<div><u>Aylmer-Eth 1.67 1.85 1.85 1.88 6.01 236.50 1.20 5.35 210.42</u></div>
<div><u>Sarn-Eth N/A N/A 1.70 1.75 N/A</u></div>
<div><u>London-Ing N/A N/A N/A N/A 1.25 5.40 212.39</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 1.40 5.55 218.30</u></div>
<div><u>W O Feed 1.89 6.23 245.24</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.95 6.29 247.53</u></div>
<div><u>Toledo El. 0.00 4.34 170.76 -0.26 3.89 152.97</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.80 6.14 241.62 1.00 5.15 202.55</u></div>
<div><u>Prescott 1.62 5.96 234.54 1.37 5.52 217.12</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.30 5.63 3/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2985 down 0.0032</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> JAN21 HI 11.94 NOV21 HI 10.59</u></div>
<div><u> LOW 11.79 1/4 LOW 10.46 1/4</u></div>
<div><u> CLOSE11.91 3/4 Up 7 3/4 CLOSE 10.57 1/4 Up 7 1/4</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 2.98 14.90 547.39 2.37 12.94 475.56</u></div>
<div><u>CK High 3.10 15.02 551.80 2.50 13.07 480.33</u></div>
<div><u>CK Average 3.05 -0.39 14.96 549.84 2.45 -0.54 13.02 478.31</u></div>
<div><u>Essex Cty 3.05 14.97 549.96 2.45 13.02 478.49</u></div>
<div><u>Mdsx Low 2.99 14.91 547.76 2.38 12.95 475.92</u></div>
<div><u>Mdsx High 3.05 14.97 549.96 2.45 13.02 478.49</u></div>
<div><u>Mdsx Average3.02 -0.41 14.94 548.86 2.42 -0.56 12.99 477.21</u></div>
<div><u>Hensall 3.05 14.97 549.96 2.45 13.02 478.49</u></div>
<div><u>Bruce 3.05 14.97 549.96 2.45 13.02 478.49</u></div>
<div><u>Putnam 3.05 14.97 549.96 2.45 13.02 478.49</u></div>
<div><u>Burford 3.06 14.98 550.33 2.45 13.02 478.49</u></div>
<div><u>Port Perry 2.98 14.90 547.39 2.37 12.94 475.56</u></div>
<div><u>Norfolk 3.05 14.97 549.96 2.45 13.02 478.49</u></div>
<div><u>Palmerston 3.03 14.95 549.23 2.41 12.98 477.03</u></div>
<div><u>Varna 3.10 15.02 551.80 2.50 13.07 480.33</u></div>
<div><u>Trenton 3.10 15.02 551.80 2.50 13.07 480.33</u></div>
<div><u>Winchester 3.18 15.10 554.74 2.67 13.24 486.58</u></div>
<div><u>North Gower 2.87 14.79 543.35 2.62 13.19 484.74</u></div>
<div><u>Vankleek Hil2.87 14.79 543.35 2.54 13.11 481.80</u></div>
<div><u>Huron FOB N/A 3.26 3.28 3.35 N/A</u></div>
<div><u>Kent FOB 3.10 15.02 551.80 2.45 13.02 478.49</u></div>
<div><u>Lambton FOB 3.15 15.07 553.64 2.60 13.17 484.01</u></div>
<div><u>Mdsx FOB 3.24 3.24 3.24 3.24 15.16 556.94 2.59 13.16 483.64</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.29 15.21 558.78 2.83 13.40 492.46</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.55 15.47 568.33 2.90 13.47 495.03</u></div>
<div><u>Prescott 3.14 15.06 553.27 2.80 13.37 491.36</u></div>
<div><u>Port Colborn3.52 15.44 567.23 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.00 11.92 437.89 -0.45 10.12 371.79</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2985 down 0.0032</u></div>
<div><u>Chicago wheat closed moderately higher.</u></div>
<div><u>DEC20 HI 6.00 1/4 JUL21 HI 6.08 1/4</u></div>
<div><u> LOW 5.89 1/4 LOW 5.97 1/2</u></div>
<div><u> CLOSE 5.96 1/2 Up 8 1/4 CLOSE 6.06 3/4 Up 9 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately higher.</u></div>
<div><u>DEC20 HI 5.50 3/4 SEP21 HI 5.93 1/4</u></div>
<div><u> LOW 5.46 3/4 LOW 5.87 3/4</u></div>
<div><u> CLOSE 5.50 3/4 Up 7 1/4 CLOSE 5.93 1/4 Up 8 1/2</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 1.26 1.46 1.26 1.12</u></div>
<div><u>CAD $/bu 7.23 7.42 7.23 6.63</u></div>
<div><u>CAD $/tonne 265.52 272.68 265.52 243.69</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 1.24 1.18 1.11 N/A 1.33 1.33 1.03 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 1.15 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 1.25 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 1.17 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 1.25 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Brigden N/A N/A 1.25 N/A N/A N/A 1.15 N/A</u></div>
<div><u>Palmerston N/A 1.20 1.01 1.31 N/A 1.37 1.04 1.18</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 1.39 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 1.57 N/A N/A N/A 1.50 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.78 N/A N/A N/A 1.93 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.87US 7.62CA 6.02US 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 1.48 1.61 1.29 0.92</u></div>
<div><u>CAD $/bu 7.55 7.68 7.35 6.85</u></div>
<div><u>CAD $/tonne 277.35 282.12 270.20 251.85</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 635.27</u></div>
<div><u>DDG's FOB Srn & Aylm 305.00</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:10.0pt;font-family:"Courier New"">Fax. 519-674-1530<br>
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<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
<span style="background:#FDFDFD">Grain Farmers of Ontario<o:p> </o:p></span></span></p>
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