<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1">
<style type="text/css" style="display:none;"> P {margin-top:0;margin-bottom:0;} </style>
</head>
<body dir="ltr">
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, November 22</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2698 up 0.0048</u></div>
<div><u>Chicago corn closed slightly to moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> DEC21 HI 5.79 DEC22 HI 5.59</u></div>
<div><u> LOW 5.69 3/4 LOW 5.52</u></div>
<div><u> CLOSE5.76 3/4 Up 6 CLOSE 5.58 3/4 Up 4 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 +MAR22+MAR22+MAR22</u></div>
<div><u>CK Low 1.15 6.92 272.33 0.90 6.49 255.40</u></div>
<div><u>CK High 1.23 7.00 275.48 0.95 6.54 257.37</u></div>
<div><u>CK Avg 1.20 -0.28 6.97 274.35 0.94 -0.44 6.53 257.09</u></div>
<div><u>Essex Cty 1.23 7.00 275.48 0.95 6.54 257.37</u></div>
<div><u>Mdsx Low 1.20 6.97 274.30 0.95 6.54 257.37</u></div>
<div><u>Mdsx High 1.20 6.97 274.30 0.95 6.54 257.37</u></div>
<div><u>Mdsx Avg 1.20 -0.28 6.97 274.30 0.95 -0.44 6.54 257.37</u></div>
<div><u>Hensall 1.18 6.95 273.64 0.97 6.55 258.03</u></div>
<div><u>Bruce 1.20 6.97 274.30 0.95 6.54 257.37</u></div>
<div><u>Putnam 1.20 6.97 274.30 0.95 6.54 257.37</u></div>
<div><u>Burford 1.20 6.97 274.30 0.95 6.54 257.37</u></div>
<div><u>Port Perry 1.20 6.97 274.30 1.00 6.59 259.34</u></div>
<div><u>Norfolk 1.23 7.00 275.48 0.95 6.54 257.37</u></div>
<div><u>Palmerston 1.17 6.94 273.12 1.02 6.61 260.13</u></div>
<div><u>Varna 1.15 6.92 272.33 0.95 6.54 257.37</u></div>
<div><u>Belmore 1.20 6.97 274.30 0.95 6.54 257.37</u></div>
<div><u>Trenton 1.25 7.02 276.27 1.00 6.59 259.34</u></div>
<div><u>Winchester 1.45 7.22 284.14 1.25 6.84 269.18</u></div>
<div><u>North Gower 1.50 7.27 286.11 1.20 6.79 267.21</u></div>
<div><u>Vankleek Hil 1.54 7.31 287.68 1.17 6.76 266.03</u></div>
<div><u>Huron FOB 1.10 1.30 1.37 1.43 6.87 270.36N/A</u></div>
<div><u>Kent FOB 1.22 6.99 275.09 1.05 6.64 261.31</u></div>
<div><u>Lamb FOB 1.25 7.02 276.27 1.15 6.74 265.24</u></div>
<div><u>Mdsx FOB 1.10 1.30 1.40 1.45 6.87 270.36 1.10 6.69 263.28</u></div>
<div><u>FOB SW Que 2.05 7.82 307.76N/A</u></div>
<div><u>Track 1.72 7.48 294.57N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.37 6.96 273.90</u></div>
<div><u>Jhnstwn-Eth N/A N/A 1.97 2.02 1.64 7.23 284.53</u></div>
<div><u>Aylmer-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Sarn-Eth N/A N/A 1.50 1.55 N/A</u></div>
<div><u>London-Ing N/A N/A N/A N/A 1.40 6.99 275.09</u></div>
<div><u>Cardnl-Ing N/A N/A 1.95 2.00 1.55 7.14 280.99</u></div>
<div><u>W O Feed 1.78 7.55 297.21</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.81 7.58 298.31</u></div>
<div><u>Toledo El. -0.32 5.45 214.56 -0.32 5.27 207.47</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.40 7.17 282.17 1.35 6.94 273.12</u></div>
<div><u>Prescott 1.92 7.69 302.64 1.61 7.20 283.35</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.23 6.99 3/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2698 up 0.0048</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> JAN22 HI 12.79 1/2 NOV22 HI 12.60 3/4</u></div>
<div><u> LOW 12.60 LOW 12.45 3/4</u></div>
<div><u> CLOSE12.74 1/4 Up 11 CLOSE 12.56 Up 5 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 +JAN22+JAN22+MAR22</u></div>
<div><u>CK Low 2.90 15.64 574.76 2.50 15.06 553.36</u></div>
<div><u>CK High 2.95 15.69 576.60 2.60 15.16 557.03</u></div>
<div><u>CK Average 2.94 -0.39 15.69 576.34 2.56 -0.65 15.12 555.51</u></div>
<div><u>Essex Cty 2.95 15.69 576.60 2.50 15.06 553.36</u></div>
<div><u>Mdsx Low 2.95 15.69 576.60 2.55 15.11 555.20</u></div>
<div><u>Mdsx High 2.99 15.73 578.07 2.60 15.16 557.03</u></div>
<div><u>Mdsx Average2.97 -0.37 15.71 577.34 2.58 -0.64 15.14 556.12</u></div>
<div><u>Hensall 2.90 15.64 574.76 2.52 15.08 553.97</u></div>
<div><u>Bruce 2.95 15.69 576.60 2.55 15.11 555.20</u></div>
<div><u>Putnam 2.95 15.69 576.60 2.55 15.11 555.20</u></div>
<div><u>Burford 3.06 15.80 580.64 2.67 15.23 559.61</u></div>
<div><u>Port Perry 2.94 15.68 576.23 2.55 15.11 555.20</u></div>
<div><u>Norfolk 2.95 15.69 576.60 2.55 15.11 555.20</u></div>
<div><u>Palmerston 3.00 15.74 578.44 2.55 15.11 555.20</u></div>
<div><u>Varna 2.90 15.64 574.76 2.50 15.06 553.36</u></div>
<div><u>Trenton 2.95 15.69 576.60 2.60 15.16 557.03</u></div>
<div><u>Winchester 2.94 15.68 576.23 2.60 15.16 557.03</u></div>
<div><u>North Gower 2.80 15.54 571.09 2.65 15.21 558.87</u></div>
<div><u>Vankleek Hil3.09 15.83 581.74 2.80 15.36 564.38</u></div>
<div><u>Huron FOB 3.27 3.39 3.42 3.45 16.01 588.36 N/A</u></div>
<div><u>Kent FOB 3.25 15.99 587.62 2.55 15.11 555.20</u></div>
<div><u>Lambton FOB 3.30 16.04 589.46 2.75 15.31 562.55</u></div>
<div><u>Mdsx FOB 3.05 3.24 3.30 3.27 15.79 580.28 2.75 15.31 562.55</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.74 16.48 605.63 2.94 15.50 569.53</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.55 16.29 598.65 2.95 15.51 569.89</u></div>
<div><u>Prescott 3.54 16.28 598.28 3.12 15.68 576.14</u></div>
<div><u>Port Colborn3.40 16.14 593.14 3.16 15.72 577.61</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.25 12.49 458.87 -0.51 12.05 442.84</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2698 up 0.0048</u></div>
<div><u>Chicago wheat closed moderately higher to higher.</u></div>
<div><u>DEC21 HI 8.48 1/2 JUL22 HI 8.49 3/4</u></div>
<div><u> LOW 8.26 LOW 8.31 1/2</u></div>
<div><u> CLOSE 8.45 3/4 Up 22 3/4 CLOSE 8.48 3/4 Up 20</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately higher to higher.</u></div>
<div><u>DEC21 HI 10.34 1/4 SEP22 HI 9.35</u></div>
<div><u> LOW 10.12 1/2 LOW 9.05 1/4</u></div>
<div><u> CLOSE 10.23 1/2 Up 13 1/4 CLOSE 9.29 1/2 Up 20 3/4</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2021 Harvest 2022</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 1.10 N/A N/A N/A 1.55 N/A</u></div>
<div><u>London 1.22 1.60 1.16 N/A 1.80 1.80 1.61 N/A</u></div>
<div><u>Hensall 1.20 N/A 1.20 N/A 2.25 N/A 1.65 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.55 N/A</u></div>
<div><u>Bruce 0.95 N/A 1.00 N/A 1.90 1.75 1.55 1.20</u></div>
<div><u>Essex N/A N/A 1.10 N/A N/A N/A 1.55 N/A</u></div>
<div><u>Norwich 1.20 N/A 1.20 N/A 2.25 N/A 1.65 N/A</u></div>
<div><u>Port Hope N/A N/A 1.10 N/A N/A N/A 1.55 N/A</u></div>
<div><u>Kent Bridge 1.20 N/A 1.20 N/A 2.25 N/A 1.65 N/A</u></div>
<div><u>Chatham N/A N/A 1.10 N/A N/A N/A 1.60 N/A</u></div>
<div><u>Brigden N/A N/A 1.10 N/A N/A N/A 1.60 N/A</u></div>
<div><u>Palmerston N/A N/A 1.26 1.87 N/A N/A 1.67 1.83</u></div>
<div><u>Varna 1.40 1.90 1.15 N/A 2.15 1.85 1.55 N/A</u></div>
<div><u>Mitchell 1.20 1.75 1.20 N/A 2.25 1.90 1.65 N/A</u></div>
<div><u>Thornton 1.22 1.60 1.16 1.78 1.80 1.80 1.61 N/A</u></div>
<div><u>North Gower N/A 0.85 1.25 1.07 N/A N/A 1.35 N/A</u></div>
<div><u>W O Feed 2.16</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.74 N/A N/A N/A 1.94 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 2.66 N/A N/A N/A 2.42 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 8.31US 10.55CA 8.44US 10.71CA</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 611.79</u></div>
<div><u><br>
</u></div>
<div><u style="color: inherit; font-family: inherit; font-size: inherit; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit;">DDG's FOB Srn & Aylm 220.00 - 230.00</u><br>
</div>
<div><u style="color: inherit; font-family: inherit; font-size: inherit; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit;"><br>
</u></div>
<div><u style="color: inherit; font-family: inherit; font-size: inherit; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit;"><br>
</u></div>
<div><span style="color: inherit; font-family: inherit; font-size: inherit; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit;">
<p class="MsoNoSpacing" style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, "sans-serif";">
<span style="font-size: 10pt; font-family: "Courier New";">Blair Andrews<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"">Editor, AgriLink and Farm Market News
<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"">University of Guelph, Ridgetown Campus<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""><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"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes">
</span><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"">Tel. 519-674-1500 x 63577
<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: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
<br>
<span style="background:#FDFDFD">Click on this link:<span class="apple-converted-space"><span style="color:#333333"> </span></span></span><span class="object"><span style="color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span></span><span class="apple-converted-space"><span style="color:#333333;background:#FDFDFD"> </span></span><span style="background:#FDFDFD"> to
unsubscribe from this report.</span><br>
<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
<span style="background:#FDFDFD">Grain Farmers of Ontario</span></span><o:p style=""> </o:p></p>
<br>
</span></div>
<div><u style="color: inherit; font-family: inherit; font-size: inherit; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit;"><br>
</u></div>
</div>
</body>
</html>