FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, December 8

FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Tue, December 8 Exchange rate was 1.2818 up 0.0017 Chicago soybeans closed moderately lower to steady. JAN21 HI 11.60 1/4 NOV21 HI 10.44 3/4 LOW 11.42 3/4 LOW 10.35 1/4 CLOSE11.45 3/4 Down 12 3/4 CLOSE 10.41 1/4 Down 2 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN21+MAR21+MAR21 CK Low 2.86 14.32 526.08 2.29 12.70 466.74 CK High 2.95 14.41 529.39 2.35 12.76 468.94 CK Average 2.90 -0.26 14.36 527.61 2.34 -0.46 12.75 468.57 Essex Cty 2.90 14.36 527.55 2.30 12.71 467.10 Mdsx Low 2.87 14.33 526.45 2.30 12.71 467.10 Mdsx High 2.90 14.36 527.55 2.35 12.76 468.94 Mdsx Average2.89 -0.27 14.34 527.00 2.33 -0.47 12.74 468.02 Hensall 2.90 14.36 527.55 2.35 12.76 468.94 Bruce 2.90 14.36 527.55 2.35 12.76 468.94 Putnam 2.90 14.36 527.55 2.35 12.76 468.94 Burford 2.94 14.40 529.02 2.37 12.78 469.68 Port Perry 2.86 14.32 526.08 2.29 12.70 466.74 Norfolk 2.90 14.36 527.55 2.35 12.76 468.94 Palmerston 2.89 14.35 527.18 2.41 12.82 471.15 Varna 2.90 14.36 527.55 2.35 12.76 468.94 Trenton 2.90 14.36 527.55 2.35 12.76 468.94 Winchester 2.87 14.33 526.45 2.40 12.81 470.78 North Gower 2.85 14.31 525.71 2.50 12.91 474.45 Vankleek Hil2.87 14.33 526.45 2.50 12.91 474.45 Huron FOB 2.99 3.05 3.06 2.90 14.45 530.85 N/A Kent FOB 3.00 14.46 531.22 2.35 12.76 468.94 Lambton FOB 3.05 14.51 533.06 2.50 12.91 474.45 Mdsx FOB 2.93 2.93 2.93 N/A 14.39 528.65 2.44 12.85 472.25 PROCESSORS Windsor 3.30 14.76 542.25 2.61 13.02 478.49 TRANSFER Hamilton 3.45 14.91 547.76 2.80 13.21 485.48 Prescott 3.14 14.60 536.37 2.80 13.21 485.48 Port Colborn3.22 14.68 539.31 N/A Toledo El. 0.00 11.46 420.99 -0.45 9.96 366.12 Exchange rate was 1.2818 up 0.0017 Chicago wheat closed moderately lower. MAR21 HI 5.77 1/4 JUL21 HI 5.81 3/4 LOW 5.69 1/4 LOW 5.74 CLOSE 5.70 Down 7 1/2 CLOSE 5.74 1/4 Down 8 Minni wheat closed slightly lower. MAR21 HI 5.48 1/4 SEP21 HI 5.73 LOW 5.42 3/4 LOW 5.68 1/4 CLOSE 5.43 1/4 Down 5 1/2 CLOSE 5.68 1/4 Down 5 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 1.10 N/A N/A N/A 1.00 N/A London 1.09 1.02 1.02 N/A 1.16 1.16 0.97 N/A Hensall 1.25 N/A 1.10 N/A 1.25 N/A 1.00 N/A Trenton N/A N/A N/A N/A N/A N/A 1.15 N/A Bruce 1.30 1.30 1.10 1.35 1.25 1.25 1.05 1.25 Essex N/A N/A 1.15 N/A N/A N/A 1.00 N/A Norwich 1.25 N/A 1.10 N/A 1.25 N/A 1.00 N/A Port Hope N/A N/A 1.07 N/A N/A N/A 1.10 N/A Kent Bridge 1.25 N/A 1.10 N/A 1.25 N/A 1.00 N/A Chatham N/A N/A 1.15 N/A N/A N/A 1.00 N/A Brigden N/A N/A 1.15 N/A N/A N/A 1.05 N/A Palmerston N/A 1.03 0.84 1.08 N/A 1.22 0.90 1.02 Varna 1.25 1.30 1.10 N/A 1.20 1.20 1.00 N/A Mitchell 1.25 1.35 1.10 N/A 1.25 1.30 1.00 N/A Thornton N/A N/A N/A 1.04 N/A N/A N/A N/A North Gower N/A 1.16 1.08 0.65 N/A 1.46 1.17 0.77 W O Feed 1.64 TERMINAL Port Colbor N/A N/A 1.54 N/A N/A N/A 1.36 N/A PROCESSORS Toledo FM N/A N/A 1.73 N/A N/A N/A 1.74 N/A Toledo El. 5.70US 7.31CA 5.69US 7.29CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 591.84 DDG's FOB Srn & Aylm 310.00 - 315.00