FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, December 23

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Mon, December 23 Exchange rate was 1.3141 down 0.0016 Chicago soybeans closed mixed. JAN20 HI 9.37 NOV20 HI 9.72 LOW 9.27 1/2 LOW 9.65 1/4 CLOSE9.34 Up 5 3/4 CLOSE 9.68 3/4 Up 2 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JAN2+MAR2+MAR20 CK Low 2.35 11.69 429.532.23 11.92 437.89 CK High 2.36 11.70 429.902.25 11.94 438.63 CK Average 2.35 -0.4411.69 429.602.25 -0.6011.93 438.51 Essex Cty 2.30 11.64 427.702.25 11.94 438.63 Mdsx Low 2.35 11.69 429.532.24 11.93 438.26 Mdsx High 2.37 11.71 430.272.25 11.94 438.63 Mdsx Average 2.36 -0.4411.70 429.902.25 -0.6011.93 438.44 Hensall 2.35 11.69 429.532.25 11.94 438.63 Bruce 2.35 11.69 429.532.20 11.89 436.79 Putnam 2.35 11.69 429.532.25 11.94 438.63 Burford 2.44 11.78 432.842.31 12.00 440.83 Port Perry 2.36 11.70 429.902.23 11.92 437.89 Norfolk 2.35 11.69 429.532.30 11.99 440.47 Palmerston 2.28 11.62 426.962.26 11.95 439.00 Varna 2.35 11.69 429.532.25 11.94 438.63 Trenton 2.30 11.64 427.702.25 11.94 438.63 Winchester 2.30 11.64 427.702.20 11.89 436.79 North Gower 2.25 11.59 425.862.25 11.94 438.63 Huron FOB 2.50 11.84 435.052.35 12.04 442.30 Kent FOB 2.50 11.84 435.052.25 11.94 438.63 Lambton FOB 2.50 11.84 435.052.40 12.09 444.14 Middlesex FOB2.60 2.60 2.43 N/A 11.94 438.722.30 11.99 440.47 PROCESSORS Windsor 2.94 12.28 451.212.52 12.21 448.55 TRANSFER Hamilton 2.95 12.29 451.582.75 12.44 457.00 Prescott N/A 2.25 11.94 438.63 Port Colborne2.74 12.08 443.862.71 12.40 455.53 Toledo El. -0.03 9.31 342.22-0.46 9.23 339.06 Exchange rate was 1.3141 down 0.0016 Chicago wheat closed mixed. MAR20 HI 5.47 JUL20 HI 5.53 1/4 LOW 5.38 3/4 LOW 5.46 CLOSE 5.39 1/2 Down 2 3/4 CLOSE 5.47 Down 1 3/4 Minni wheat closed slightly higher. MAR20 HI 5.43 SEP20 HI 5.64 3/4 LOW 5.36 1/2 LOW 5.62 CLOSE 5.37 1/4 Up 1/2 CLOSE 5.64 Up 1 1/4 GFO Cash Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 2.15 2.35 2.02 1.29 CAD $/bu 7.55 7.75 7.42 6.67 CAD $/tonne 277.39 284.63 272.56 244.92 Direct MarkHarvest 2019 Harvest 2020 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 1.80 N/A N/A N/A 1.20 N/A London 1.84 2.23 1.84 N/A 1.40 1.66 1.20 N/A Hensall 1.80 N/A 1.80 N/A 1.40 N/A 1.20 N/A Trenton N/A N/A N/A N/A N/A N/A 1.40 N/A Bruce 1.80 2.20 1.85 1.70 1.40 1.60 1.20 1.10 Essex N/A N/A 1.80 N/A N/A N/A 1.20 N/A Norwich 1.80 N/A 1.80 N/A 1.40 N/A 1.20 N/A Port Hope N/A N/A 1.80 N/A N/A N/A 1.40 N/A Kent Bridge 1.80 N/A 1.80 N/A 1.40 N/A 1.20 N/A Chatham N/A N/A 1.80 N/A N/A N/A 1.20 N/A Brigden N/A N/A 1.80 N/A N/A N/A 1.20 N/A Palmerston N/A N/A 1.78 1.69 N/A N/A 1.28 1.11 Varna 1.90 2.20 1.80 N/A 1.40 1.60 1.20 N/A Mitchell 1.80 2.15 1.80 N/A 1.40 1.60 1.20 N/A Thornton N/A N/A N/A 1.80 N/A N/A N/A N/A North Gower N/A 1.75 1.75 1.00 N/A 1.65 1.35 0.90 W O Feed 2.43 TERMINAL Port Colbor N/A N/A 2.17 N/A N/A N/A 1.60 N/A PROCESSORS Toledo FM N/A N/A 2.09 N/A N/A N/A 1.71 N/A Toledo El. 5.55US 7.29CA 5.57US 7.32CA GFO Contract Wheat Prices - DEL Terminal Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.52 1.78 1.45 0.98 CAD $/bu 6.99 7.25 6.92 6.62 CAD $/tonne 256.73 266.38 254.32 243.22 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 485.91 DDG's FOB Srn & Aylm 210.00 - 215.00