FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, December 18 (All Bases in CAD) Exchange rate was 1.2784 up 0.0065 Chicago corn closed slightly to moderately higher. MAR21 HI 4.38 1/2 DEC21 HI 4.19 1/4 LOW 4.32 LOW 4.13 3/4 CLOSE4.37 1/2 Up 5 CLOSE 4.18 1/2 Up 3 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR21+MAR21+MAY21 CK Low 1.25 5.63 221.45 0.90 5.09 200.19 CK High 1.30 5.68 223.41 0.95 5.14 202.16 CK Avg 1.27 0.04 5.64 222.10 0.91 -0.20 5.09 200.52 Essex Cty 1.30 5.68 223.41 0.90 5.09 200.19 Mdsx Low 1.25 5.63 221.45 0.90 5.09 200.19 Mdsx High 1.25 5.63 221.45 0.90 5.09 200.19 Mdsx Avg 1.25 0.02 5.63 221.45 0.90 -0.21 5.09 200.19 Hensall 1.27 5.64 222.10 0.92 5.10 200.84 Bruce 1.25 5.63 221.45 0.90 5.09 200.19 Putnam 1.25 5.63 221.45 0.90 5.09 200.19 Burford 1.30 5.68 223.41 0.90 5.09 200.19 Port Perry 1.35 5.73 225.38 0.95 5.14 202.16 Norfolk 1.30 5.68 223.41 0.90 5.09 200.19 Palmerston 1.32 5.70 224.20 0.93 5.12 201.37 Varna 1.25 5.63 221.45 0.90 5.09 200.19 Trenton 1.45 5.83 229.32 0.95 5.14 202.16 Winchester 1.45 5.83 229.32 1.25 5.44 213.97 North Gower 1.42 5.80 228.14 1.25 5.44 213.97 Vankleek Hil 1.38 5.76 226.56 1.03 5.22 205.31 Huron FOB 1.52 1.52 1.56 1.59 5.90 232.08 0.96 5.15 202.55 Kent FOB 1.50 5.88 231.29 0.95 5.14 202.16 Lamb FOB 1.50 5.88 231.29 0.95 5.14 202.16 Mdsx FOB 1.50 1.55N/A N/A 5.88 231.29 0.95 5.14 202.16 FOB SW Que 2.13 6.51 256.09N/A Track 1.87 6.25 245.85N/A PROCESSORS Chat-Eth N/A 1.72 1.79 1.80 1.15 5.34 210.03 Jhnstwn-Eth N/A N/A N/A 1.86 1.34 5.53 217.51 Aylmer-Eth 1.75 1.75 1.78 1.80 6.13 241.13 1.15 5.34 210.03 Sarn-Eth N/A 1.70 1.75N/A N/A London-Ing N/A N/A N/A N/A 1.25 5.44 213.97 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 5.54 217.90 W O Feed 1.90 6.28 247.11 US Rep 1.86 6.24 245.46 Toledo El. 0.00 4.38 172.24 -0.26 3.93 154.69 TRANSFER Pt. Colb 1.80 6.18 243.10 1.20 5.39 212.00 Prescott N/A 1.37 5.56 218.69 HI SD CRN 1.30 5.67 1/2 *Wet Bid Exchange rate was 1.2784 up 0.0065 Chicago soybeans closed slightly to moderately higher. JAN21 HI 12.24 3/4 NOV21 HI 10.84 LOW 12.01 1/2 LOW 10.70 1/2 CLOSE12.20 Up 18 3/4 CLOSE 10.81 1/4 Up 9 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN21+MAR21+MAR21 CK Low 2.85 15.05 552.99 2.30 13.11 481.80 CK High 2.97 15.17 557.40 2.35 13.16 483.64 CK Average 2.94 -0.36 15.14 556.18 2.34 -0.52 13.15 483.21 Essex Cty 2.95 15.15 556.67 2.35 13.16 483.64 Mdsx Low 2.95 15.15 556.67 2.34 13.15 483.27 Mdsx High 2.98 15.18 557.77 2.35 13.16 483.64 Mdsx Average2.97 -0.34 15.17 557.22 2.35 -0.52 13.16 483.46 Hensall 2.95 15.15 556.67 2.35 13.16 483.64 Bruce 2.95 15.15 556.67 2.35 13.16 483.64 Putnam 2.95 15.15 556.67 2.35 13.16 483.64 Burford 3.05 15.25 560.34 2.41 13.22 485.84 Port Perry 2.97 15.17 557.40 2.33 13.14 482.90 Norfolk 2.95 15.15 556.67 2.35 13.16 483.64 Palmerston 3.06 15.26 560.71 2.36 13.17 484.01 Varna 2.95 15.15 556.67 2.35 13.16 483.64 Trenton 2.90 15.10 554.83 2.30 13.11 481.80 Winchester 2.85 15.05 552.99 2.39 13.20 485.11 North Gower 2.75 14.95 549.32 2.46 13.27 487.68 Vankleek Hil2.87 15.07 553.73 2.50 13.31 489.15 Huron FOB 3.18 3.24 3.25 3.25 15.38 565.12 2.47 13.28 488.05 Kent FOB 3.05 15.25 560.34 2.35 13.16 483.64 Lambton FOB 3.00 15.20 558.50 2.40 13.21 485.48 Mdsx FOB N/A 3.18 3.18 N/A 2.49 13.30 488.78 PROCESSORS Windsor N/A 2.69 13.50 496.13 TRANSFER Hamilton 3.50 15.70 576.88 2.80 13.61 500.17 Prescott 3.14 15.34 563.65 2.80 13.61 500.17 Port Colborn3.40 15.60 573.20 N/A Toledo El. 0.00 12.20 448.27 -0.45 10.37 380.85 Exchange rate was 1.2784 up 0.0065 Chicago wheat closed mixed. MAR21 HI 6.14 3/4 JUL21 HI 6.07 1/2 LOW 6.04 1/2 LOW 5.99 3/4 CLOSE 6.08 1/4 Down 1/2 CLOSE 6.03 3/4 Down 1/4 Minni wheat closed slightly higher. MAR21 HI 5.72 3/4 SEP21 HI 5.95 LOW 5.65 1/4 LOW 5.89 1/2 CLOSE 5.68 1/2 Up 1 1/2 CLOSE 5.92 1/2 Up 1 1/2 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 0.95 N/A London 1.15 1.09 1.09 N/A 1.20 1.20 1.01 N/A Hensall 1.25 N/A 1.20 N/A 1.25 N/A 0.95 N/A Trenton N/A N/A N/A N/A N/A N/A 1.00 N/A Bruce 1.25 1.30 1.20 1.35 1.20 1.20 1.00 1.25 Essex N/A N/A 1.20 N/A N/A N/A 0.95 N/A Norwich 1.25 N/A 1.20 N/A 1.25 N/A 0.95 N/A Port Hope N/A N/A 1.15 N/A N/A N/A 1.00 N/A Kent Bridge 1.25 N/A 1.20 N/A 1.25 N/A 0.95 N/A Chatham N/A N/A 1.20 N/A N/A N/A 0.95 N/A Brigden N/A N/A 1.20 N/A N/A N/A 0.95 N/A Palmerston N/A 1.12 1.12 1.45 N/A 1.27 1.07 1.26 Varna 1.20 1.30 1.20 N/A 1.15 1.15 0.95 N/A Mitchell 1.25 1.35 1.20 N/A 1.25 1.20 0.95 N/A Thornton N/A N/A N/A 1.25 N/A N/A N/A N/A North Gower N/A 1.04 1.04 0.61 N/A 1.08 1.08 0.73 W O Feed 1.85 TERMINAL Port Colbor N/A N/A 1.61 N/A N/A N/A 1.40 N/A PROCESSORS Toledo FM N/A N/A 1.82 N/A N/A N/A 1.81 N/A Toledo El. 6.08US 7.78CA 5.99US 7.65CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 606.83 DDG's FOB Srn & Aylm 310.00 - 315.00