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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, December 29</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2804 down 0.0048</u></div>
<div><u>Chicago corn closed slightly higher to higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR21 HI 4.67 1/4 DEC21 HI 4.31 1/4</u></div>
<div><u> LOW 4.53 1/2 LOW 4.23 1/4</u></div>
<div><u> CLOSE4.66 Up 9 1/2 CLOSE 4.30 1/4 Up 3 1/2</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 1.35 6.01 236.60 0.95 5.25 206.78</u></div>
<div><u>CK High 1.35 6.01 236.60 0.95 5.25 206.78</u></div>
<div><u>CK Avg 1.35 0.03 6.01 236.60 0.95 -0.20 5.25 206.78</u></div>
<div><u>Essex Cty 1.35 6.01 236.60 0.95 5.25 206.78</u></div>
<div><u>Mdsx Low 1.35 6.01 236.60 0.95 5.25 206.78</u></div>
<div><u>Mdsx High 1.35 6.01 236.60 0.95 5.25 206.78</u></div>
<div><u>Mdsx Avg 1.35 0.03 6.01 236.60 0.95 -0.20 5.25 206.78</u></div>
<div><u>Hensall 1.37 6.03 237.26 0.95 5.25 206.78</u></div>
<div><u>Bruce 1.35 6.01 236.60 0.95 5.25 206.78</u></div>
<div><u>Putnam 1.35 6.01 236.60 0.95 5.25 206.78</u></div>
<div><u>Burford 1.35 6.01 236.60 0.95 5.25 206.78</u></div>
<div><u>Port Perry 1.40 6.06 238.57 0.95 5.25 206.78</u></div>
<div><u>Norfolk 1.35 6.01 236.60 0.95 5.25 206.78</u></div>
<div><u>Palmerston 1.41 6.07 238.97 0.98 5.28 207.96</u></div>
<div><u>Varna 1.35 6.01 236.60 0.95 5.25 206.78</u></div>
<div><u>Trenton 1.45 6.11 240.54 1.00 5.30 208.75</u></div>
<div><u>Winchester 1.45 6.11 240.54 1.25 5.55 218.59</u></div>
<div><u>North Gower 1.42 6.08 239.36 1.25 5.55 218.59</u></div>
<div><u>Vankleek Hil 1.37 6.03 237.39 1.03 5.33 209.93</u></div>
<div><u>Huron FOB 1.61 1.63 1.66 1.67 6.27 246.84 0.94 5.24 206.39</u></div>
<div><u>Kent FOB 1.60 6.26 246.45 1.00 5.30 208.75</u></div>
<div><u>Lamb FOB 1.62 6.28 247.23 1.08 5.38 211.90</u></div>
<div><u>Mdsx FOB 1.55 1.60N/A N/A 6.21 244.48 1.00 5.30 208.75</u></div>
<div><u>FOB SW Que 2.03 6.69 263.37N/A</u></div>
<div><u>Track 1.92 6.58 258.85N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A 1.82 1.88 1.93 1.22 5.52 217.41</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.47 5.77 227.25</u></div>
<div><u>Aylmer-Eth 1.75 1.78 1.83 1.85 6.41 252.35 1.20 5.50 216.62</u></div>
<div><u>Sarn-Eth N/A 1.70 1.75N/A N/A</u></div>
<div><u>London-Ing N/A 1.80 1.85 1.90 1.25 5.55 218.59</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 1.35 5.65 222.53</u></div>
<div><u>W O Feed 2.00 6.66 262.11</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.95 6.61 260.22</u></div>
<div><u>Toledo El. 0.04 4.70 184.97 -0.26 4.05 159.30</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.80 6.46 254.32 1.20 5.50 216.62</u></div>
<div><u>Prescott N/A 1.35 5.65 222.53</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.35 6.01</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2804 down 0.0048</u></div>
<div><u>Chicago soybeans closed slightly higher to higher.</u></div>
<div><u><br>
</u></div>
<div><u> JAN21 HI 12.98 3/4 NOV21 HI 11.00</u></div>
<div><u> LOW 12.45 LOW 10.78 1/4</u></div>
<div><u> CLOSE12.95 1/2 Up 40 1/4 CLOSE 10.98 1/4 Up 13 1/2</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 3.13 16.09 591.02 2.40 13.38 491.72</u></div>
<div><u>CK High 3.25 16.21 595.43 2.55 13.53 497.23</u></div>
<div><u>CK Average 3.20 -0.34 16.15 593.47 2.50 -0.45 13.48 495.40</u></div>
<div><u>Essex Cty 3.20 16.16 593.59 2.50 13.48 495.40</u></div>
<div><u>Mdsx Low 3.14 16.10 591.39 2.41 13.39 492.09</u></div>
<div><u>Mdsx High 3.20 16.16 593.59 2.50 13.48 495.40</u></div>
<div><u>Mdsx Average3.17 -0.36 16.13 592.49 2.46 -0.49 13.44 493.74</u></div>
<div><u>Hensall 3.20 16.16 593.59 2.53 13.52 496.62</u></div>
<div><u>Bruce 3.25 16.21 595.43 2.55 13.53 497.23</u></div>
<div><u>Putnam 3.20 16.16 593.59 2.50 13.48 495.40</u></div>
<div><u>Burford 3.21 16.17 593.96 2.48 13.46 494.66</u></div>
<div><u>Port Perry 3.13 16.09 591.02 2.40 13.38 491.72</u></div>
<div><u>Norfolk 3.20 16.16 593.59 2.50 13.48 495.40</u></div>
<div><u>Palmerston 3.27 16.23 596.17 2.57 13.55 497.97</u></div>
<div><u>Varna 3.20 16.16 593.59 2.55 13.53 497.23</u></div>
<div><u>Trenton 3.15 16.11 591.76 2.50 13.48 495.40</u></div>
<div><u>Winchester 3.24 16.20 595.06 2.59 13.57 498.70</u></div>
<div><u>North Gower 2.75 15.71 577.06 2.48 13.46 494.66</u></div>
<div><u>Vankleek Hil2.99 15.95 585.88 2.51 13.49 495.76</u></div>
<div><u>Huron FOB 3.37 3.46 3.50 3.50 16.33 599.84 2.54 13.52 496.87</u></div>
<div><u>Kent FOB 3.30 16.26 597.27 2.50 13.48 495.40</u></div>
<div><u>Lambton FOB 3.45 16.41 602.78 2.70 13.68 502.75</u></div>
<div><u>Mdsx FOB N/A 3.34 3.34 N/A 2.55 13.53 497.23</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor N/A 2.88 13.86 509.36</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.75 16.71 613.80 2.95 13.93 511.93</u></div>
<div><u>Prescott 3.24 16.20 595.06 2.85 13.83 508.26</u></div>
<div><u>Port Colborn3.56 16.52 606.82 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.06 12.89 473.66 -0.45 10.53 387.07</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2804 down 0.0048</u></div>
<div><u>Chicago wheat closed slightly higher.</u></div>
<div><u>MAR21 HI 6.23 1/4 JUL21 HI 6.15 1/4</u></div>
<div><u> LOW 6.11 1/2 LOW 6.04 3/4</u></div>
<div><u> CLOSE 6.18 1/2 Up 4 1/4 CLOSE 6.11 3/4 Up 4 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>MAR21 HI 5.83 SEP21 HI 6.04 3/4</u></div>
<div><u> LOW 5.75 1/2 LOW 5.98</u></div>
<div><u> CLOSE 5.80 1/2 Up 3 3/4 CLOSE 6.02 Up 3 3/4</u></div>
<div><u><br>
</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 1.30 N/A N/A N/A 1.05 N/A</u></div>
<div><u>London 1.19 1.19 1.19 N/A 1.23 1.23 1.04 N/A</u></div>
<div><u>Hensall 1.35 N/A 1.30 N/A 1.35 N/A 1.05 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 1.40 1.30 1.40 1.20 1.30 1.10 1.30</u></div>
<div><u>Essex N/A N/A 1.30 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Norwich 1.35 N/A 1.30 N/A 1.35 N/A 1.05 N/A</u></div>
<div><u>Port Hope N/A N/A 1.20 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Kent Bridge 1.35 N/A 1.30 N/A 1.35 N/A 1.05 N/A</u></div>
<div><u>Chatham N/A N/A 1.30 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Brigden N/A N/A 1.30 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Palmerston N/A 1.16 1.17 1.50 N/A 1.31 1.11 1.30</u></div>
<div><u>Varna 1.30 1.40 1.30 N/A 1.25 1.25 1.05 N/A</u></div>
<div><u>Mitchell 1.35 1.45 1.30 N/A 1.35 1.30 1.05 N/A</u></div>
<div><u>Thornton N/A N/A N/A 1.25 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.04 1.04 0.61 N/A 1.08 1.08 0.73</u></div>
<div><u>W O Feed 1.89</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.70 N/A N/A N/A 1.43 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.86 N/A N/A N/A 1.84 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 6.19US 7.92CA 6.07US 7.77CA</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 622.04</u></div>
<div><u>DDG's FOB Srn & Aylm 310.00 - 315.00</u></div>
<br>
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<span style="font-size: 10pt; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);"><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"">Blair Andrews<o:p> </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
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<span style="font-size: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
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