FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, November 25 (All Bases in CAD) Markets in the U.S. were closed for the Thanksgiving Holiday. Exchange rate was 1.2649 down 0.0021 On Nov. 24, Chicago corn closed slightly lower. DEC21 HI 5.89 DEC22 HI 5.65 LOW 5.75 1/2 LOW 5.57 CLOSE5.79 3/4 Down 3/4 CLOSE 5.58 1/4 Down 1 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR22+MAR22+MAR22 CK Low 1.15 6.95 273.51 0.90 6.48 255.20 CK High 1.26 7.06 277.84 0.95 6.53 257.17 CK Avg 1.21 -0.26 7.01 275.87 0.94 -0.42 6.53 256.89 Essex Cty 1.26 7.06 277.84 0.95 6.53 257.17 Mdsx Low 1.20 7.00 275.48 0.95 6.53 257.17 Mdsx High 1.20 7.00 275.48 0.95 6.53 257.17 Mdsx Avg 1.20 -0.27 7.00 275.48 0.95 -0.42 6.53 257.17 Hensall 1.22 7.01 276.14 1.02 6.60 259.80 Bruce 1.20 7.00 275.48 0.95 6.53 257.17 Putnam 1.20 7.00 275.48 1.00 6.58 259.14 Burford 1.20 7.00 275.48 0.95 6.53 257.17 Port Perry 1.20 7.00 275.48 1.00 6.58 259.14 Norfolk 1.26 7.06 277.84 0.95 6.53 257.17 Palmerston 1.16 6.96 273.90 1.00 6.58 259.14 Varna 1.20 7.00 275.48 1.00 6.58 259.14 Belmore 1.20 7.00 275.48 1.00 6.58 259.14 Trenton 1.25 7.05 277.45 1.05 6.63 261.11 Winchester 1.45 7.25 285.32 1.25 6.83 268.98 North Gower 1.50 7.30 287.29 1.20 6.78 267.02 Vankleek Hil 1.57 7.37 290.05 1.20 6.78 267.02 Huron FOB 1.20 1.33 1.40 1.45 7.00 275.48N/A Kent FOB 1.26 7.06 277.84 1.05 6.63 261.11 Lamb FOB 1.25 7.05 277.45 1.20 6.78 267.02 Mdsx FOB 1.10 1.30 1.40 1.45 6.90 271.54 1.10 6.68 263.08 FOB SW Que 1.87 7.67 301.86N/A Track 1.70 7.50 295.16N/A PROCESSORS Chat-Eth N/A N/A N/A N/A 1.37 6.95 273.71 Jhnstwn-Eth N/A N/A 1.97 2.02 1.64 7.22 284.34 Aylmer-Eth N/A N/A N/A N/A N/A Sarn-Eth N/A N/A 1.50 1.55 N/A London-Ing N/A N/A N/A N/A 1.40 6.98 274.89 Cardnl-Ing N/A N/A 1.95 2.00 1.55 7.13 280.79 W O Feed 1.78 7.58 298.31 US Rep 1.80 7.60 299.10 Toledo El. -0.32 5.48 215.79 -0.32 5.27 207.32 TRANSFER Pt. Colb 1.40 7.20 283.35 1.35 6.93 272.92 Prescott 1.95 7.75 305.01 1.65 7.23 284.73 HI SD CRN 1.26 7.05 3/4 *Wet Bid Exchange rate was 1.2649 down 0.0021 Chicago soybeans closed slightly lower. JAN22 HI 12.81 NOV22 HI 12.59 1/4 LOW 12.63 1/4 LOW 12.46 1/4 CLOSE12.66 1/2 Down 6 1/2 CLOSE 12.49 3/4 Down 3 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN22+JAN22+MAR22 CK Low 2.90 15.57 571.92 2.55 15.05 552.90 CK High 3.00 15.67 575.59 2.70 15.20 558.41 CK Average 2.97 -0.30 15.64 574.49 2.61 -0.56 15.10 554.95 Essex Cty 3.00 15.67 575.59 2.55 15.05 552.90 Mdsx Low 2.90 15.57 571.92 2.60 15.10 554.74 Mdsx High 3.03 15.70 576.69 2.63 15.13 555.84 Mdsx Average2.97 -0.31 15.63 574.30 2.62 -0.55 15.11 555.29 Hensall 2.97 15.63 574.37 2.60 15.10 554.74 Bruce 2.95 15.62 573.75 2.65 15.15 556.58 Putnam 2.90 15.57 571.92 2.60 15.10 554.74 Burford 3.10 15.77 579.26 2.70 15.20 558.41 Port Perry 2.98 15.65 574.86 2.58 15.08 554.00 Norfolk 3.00 15.67 575.59 2.60 15.10 554.74 Palmerston 2.91 15.58 572.28 2.46 14.96 549.59 Varna 3.00 15.67 575.59 2.60 15.10 554.74 Trenton 2.95 15.62 573.75 2.65 15.15 556.58 Winchester 3.00 15.67 575.59 2.65 15.15 556.58 North Gower 2.87 15.54 570.81 2.72 15.22 559.15 Vankleek Hil3.13 15.80 580.37 2.82 15.32 562.82 Huron FOB 3.23 3.29 3.35 3.42 15.90 584.04 N/A Kent FOB 3.30 15.97 586.61 2.60 15.10 554.74 Lambton FOB 3.20 15.87 582.94 2.75 15.25 560.25 Mdsx FOB 3.10 3.28 3.35 3.31 15.77 579.26 2.78 15.28 561.35 PROCESSORS Windsor 3.67 16.34 600.21 2.87 15.37 564.66 TRANSFER Hamilton 3.60 16.27 597.64 3.00 15.50 569.44 Prescott 3.45 16.12 592.12 3.14 15.64 574.58 Port Colborn3.38 16.05 589.55 3.19 15.69 576.42 Toledo El. -0.25 12.41 456.06 -0.51 11.99 440.61 Exchange rate was 1.2649 down 0.0021 Chicago wheat closed moderately lower to lower. DEC21 HI 8.63 1/4 JUL22 HI 8.63 LOW 8.33 1/2 LOW 8.38 1/2 CLOSE 8.36 3/4 Down 19 1/4 CLOSE 8.43 1/4 Down 15 Minni wheat closed narrowly mixed. DEC21 HI 10.47 3/4 SEP22 HI 9.49 1/4 LOW 10.27 1/2 LOW 9.38 1/4 CLOSE 10.36 3/4 Down 1 1/2 CLOSE 9.44 1/4 Up 1 Direct MarkHarvest 2021 Harvest 2022 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 1.65 N/A London 1.28 1.66 1.21 N/A 1.85 1.85 1.65 N/A Hensall 1.24 N/A 1.24 N/A 2.25 N/A 1.65 N/A Trenton N/A N/A N/A N/A N/A N/A 1.65 N/A Bruce 1.00 N/A 1.00 N/A 2.00 1.85 1.65 1.30 Essex N/A N/A 1.20 N/A N/A N/A 1.65 N/A Norwich 1.24 N/A 1.24 N/A 2.25 N/A 1.65 N/A Port Hope N/A N/A 1.20 N/A N/A N/A 1.65 N/A Kent Bridge 1.24 N/A 1.24 N/A 2.25 N/A 1.65 N/A Chatham N/A N/A 1.20 N/A N/A N/A 1.70 N/A Brigden N/A N/A 1.20 N/A N/A N/A 1.70 N/A Palmerston N/A N/A 1.22 1.86 N/A N/A 1.61 1.82 Varna 1.45 1.95 1.20 N/A 2.25 1.85 1.70 N/A Mitchell 1.24 1.79 1.24 N/A 2.25 1.90 1.65 N/A Thornton 1.28 1.66 1.21 1.63 1.85 1.85 1.65 N/A North Gower N/A 0.85 1.25 1.17 N/A N/A 1.36 N/A W O Feed 2.18 TERMINAL Port Colbor N/A N/A 1.79 N/A N/A N/A 1.98 N/A PROCESSORS Toledo FM N/A N/A 2.60 N/A N/A N/A 2.36 N/A Toledo El. 8.22US 10.39CA 8.38US 10.60CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 598.12 DDG's FOB Srn & Aylm 220.00 - 230.00