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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, December 11</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2768 up 0.0035</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR21 HI 4.24 1/2 DEC21 HI 4.12 1/4</u></div>
<div><u> LOW 4.18 LOW 4.07 1/2</u></div>
<div><u> CLOSE4.23 1/2 Up 2 1/4 CLOSE 4.12 1/4 Up 3</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+MAY21</u></div>
<div><u>CK Low 1.25 5.49 215.93 0.85 4.97 195.76</u></div>
<div><u>CK High 1.30 5.54 217.90 0.95 5.07 199.70</u></div>
<div><u>CK Avg 1.28 0.09 5.52 217.25 0.89 -0.20 5.01 197.40</u></div>
<div><u>Essex Cty 1.30 5.54 217.90 0.90 5.02 197.73</u></div>
<div><u>Mdsx Low 1.25 5.49 215.93 0.85 4.97 195.76</u></div>
<div><u>Mdsx High 1.30 5.54 217.90 0.90 5.02 197.73</u></div>
<div><u>Mdsx Avg 1.28 0.08 5.51 216.92 0.88 -0.21 5.00 196.74</u></div>
<div><u>Hensall 1.27 5.50 216.59 0.88 5.01 197.07</u></div>
<div><u>Bruce 1.30 5.54 217.90 0.90 5.02 197.73</u></div>
<div><u>Putnam 1.25 5.49 215.93 0.85 4.97 195.76</u></div>
<div><u>Burford 1.35 5.59 219.87 0.90 5.02 197.73</u></div>
<div><u>Port Perry 1.35 5.59 219.87 0.95 5.07 199.70</u></div>
<div><u>Norfolk 1.30 5.54 217.90 0.90 5.02 197.73</u></div>
<div><u>Palmerston 1.27 5.51 216.72 0.91 5.03 198.12</u></div>
<div><u>Varna 1.30 5.54 217.90 0.90 5.02 197.73</u></div>
<div><u>Trenton 1.40 5.64 221.84 1.00 5.12 201.66</u></div>
<div><u>Winchester 1.55 5.79 227.75 1.25 5.37 211.51</u></div>
<div><u>North Gower 1.42 5.66 222.63 1.22 5.34 210.32</u></div>
<div><u>Vankleek Hil 1.38 5.62 221.05 1.03 5.15 202.84</u></div>
<div><u>Huron FOB 1.50 1.50 1.51 1.56 5.74 225.78N/A</u></div>
<div><u>Kent FOB 1.50 5.74 225.78 0.95 5.07 199.70</u></div>
<div><u>Lamb FOB 1.50 5.74 225.78 0.95 5.07 199.70</u></div>
<div><u>Mdsx FOB 1.50 1.55N/A N/A 5.74 225.78 0.95 5.07 199.70</u></div>
<div><u>FOB SW Que 2.04 6.28 247.04N/A</u></div>
<div><u>Track 1.82 6.06 238.37N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A 1.68 1.75 1.76 1.14 5.26 207.18</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A 1.94 1.39 5.51 217.02</u></div>
<div><u>Aylmer-Eth N/A 1.70 1.73 1.78 1.15 5.27 207.57</u></div>
<div><u>Sarn-Eth N/A 1.70 1.75N/A N/A</u></div>
<div><u>London-Ing N/A N/A N/A N/A 1.20 5.32 209.54</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 2.00 1.35 5.47 215.44</u></div>
<div><u>W O Feed 1.84 6.07 239.00</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.81 6.05 237.98</u></div>
<div><u>Toledo El. 0.00 4.24 166.72 -0.26 3.87 152.24</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.80 6.04 237.59 1.00 5.12 201.66</u></div>
<div><u>Prescott N/A 1.37 5.49 216.23</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.30 5.53 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 1.2768 up 0.0035</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> JAN21 HI 11.62 3/4 NOV21 HI 10.54</u></div>
<div><u> LOW 11.51 LOW 10.43</u></div>
<div><u> CLOSE11.60 1/2 Up 7 3/4 CLOSE 10.52 3/4 Up 6 3/4</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+MAR21+MAR21</u></div>
<div><u>CK Low 2.85 14.46 531.13 2.29 12.82 470.96</u></div>
<div><u>CK High 2.85 14.46 531.13 2.30 12.83 471.33</u></div>
<div><u>CK Average 2.85 -0.28 14.46 531.13 2.30 -0.48 12.83 471.27</u></div>
<div><u>Essex Cty 2.85 14.46 531.13 2.30 12.83 471.33</u></div>
<div><u>Mdsx Low 2.85 14.46 531.13 2.30 12.83 471.33</u></div>
<div><u>Mdsx High 2.86 14.47 531.50 2.30 12.83 471.33</u></div>
<div><u>Mdsx Average2.86 -0.28 14.46 531.31 2.30 -0.48 12.83 471.33</u></div>
<div><u>Hensall 2.85 14.46 531.13 2.30 12.83 471.33</u></div>
<div><u>Bruce 2.85 14.46 531.13 2.30 12.83 471.33</u></div>
<div><u>Putnam 2.85 14.46 531.13 2.30 12.83 471.33</u></div>
<div><u>Burford 2.93 14.54 534.07 2.37 12.90 473.90</u></div>
<div><u>Port Perry 2.85 14.46 531.13 2.29 12.82 470.96</u></div>
<div><u>Norfolk 2.85 14.46 531.13 2.30 12.83 471.33</u></div>
<div><u>Palmerston 2.86 14.47 531.50 2.38 12.91 474.27</u></div>
<div><u>Varna 2.85 14.46 531.13 2.30 12.83 471.33</u></div>
<div><u>Trenton 2.85 14.46 531.13 2.30 12.83 471.33</u></div>
<div><u>Winchester 2.86 14.47 531.50 2.40 12.93 475.00</u></div>
<div><u>North Gower 2.78 14.39 528.56 2.43 12.96 476.11</u></div>
<div><u>Vankleek Hil2.87 14.48 531.87 2.50 13.03 478.68</u></div>
<div><u>Huron FOB 3.02 3.08 3.16 3.16 14.63 537.38 N/A</u></div>
<div><u>Kent FOB 2.95 14.56 534.80 2.30 12.83 471.33</u></div>
<div><u>Lambton FOB 3.05 14.66 538.48 2.40 12.93 475.00</u></div>
<div><u>Mdsx FOB 3.05 3.05 3.05 N/A 14.66 538.48 2.45 12.98 476.84</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.27 14.88 546.56 2.59 13.12 481.99</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.40 15.01 551.34 2.75 13.28 487.86</u></div>
<div><u>Prescott 3.14 14.75 541.79 2.80 13.33 489.70</u></div>
<div><u>Port Colborn3.21 14.82 544.36 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.00 11.61 426.41 -0.45 10.08 370.40</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2768 up 0.0035</u></div>
<div><u>Chicago wheat closed moderately higher to higher.</u></div>
<div><u>MAR21 HI 6.19 1/4 JUL21 HI 6.11 1/2</u></div>
<div><u> LOW 5.90 1/4 LOW 5.89 1/4</u></div>
<div><u> CLOSE 6.14 1/2 Up 18 CLOSE 6.07 1/2 Up 12 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately higher.</u></div>
<div><u>MAR21 HI 5.74 SEP21 HI 5.96 3/4</u></div>
<div><u> LOW 5.57 1/4 LOW 5.83 1/4</u></div>
<div><u> CLOSE 5.70 Up 7 1/2 CLOSE 5.93 1/2 Up 6 1/2</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 0.95 N/A</u></div>
<div><u>London 1.16 1.09 1.09 N/A 1.21 1.21 1.01 N/A</u></div>
<div><u>Hensall 1.25 N/A 1.20 N/A 1.25 N/A 0.95 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.05 N/A</u></div>
<div><u>Bruce 1.25 1.30 1.10 1.35 1.20 1.20 0.95 1.25</u></div>
<div><u>Essex N/A N/A 1.10 N/A N/A N/A 0.95 N/A</u></div>
<div><u>Norwich 1.25 N/A 1.20 N/A 1.25 N/A 0.95 N/A</u></div>
<div><u>Port Hope N/A N/A 1.07 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Kent Bridge 1.25 N/A 1.20 N/A 1.25 N/A 0.95 N/A</u></div>
<div><u>Chatham N/A N/A 1.10 N/A N/A N/A 0.95 N/A</u></div>
<div><u>Brigden N/A N/A 1.10 N/A N/A N/A 1.00 N/A</u></div>
<div><u>Palmerston N/A 1.13 1.13 1.44 N/A 1.21 1.02 1.19</u></div>
<div><u>Varna 1.20 1.30 1.10 N/A 1.15 1.15 0.95 N/A</u></div>
<div><u>Mitchell 1.25 1.35 1.20 N/A 1.25 1.20 0.95 N/A</u></div>
<div><u>Thornton N/A N/A N/A 1.29 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.12 1.04 0.61 N/A 1.39 1.10 0.73</u></div>
<div><u>W O Feed 1.73</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.61 N/A N/A N/A 1.41 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 1.81 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 6.15US 7.85CA 6.03US 7.69CA</u></div>
<div><u><br>
</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 595.59</u></div>
<div><u>DDG's FOB Srn & Aylm 310.00 - 315.00</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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