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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, December 1</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.281 up 0.0024</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR22 HI 5.76 1/4 DEC22 HI 5.51 1/2</u></div>
<div><u> LOW 5.67 1/4 LOW 5.44 3/4</u></div>
<div><u> CLOSE5.71 1/2 Up 4 CLOSE 5.48 1/2 Up 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+MAY22</u></div>
<div><u>CK Low 1.20 6.92 272.23 0.90 6.39 251.37</u></div>
<div><u>CK High 1.20 6.92 272.23 0.95 6.44 253.33</u></div>
<div><u>CK Avg 1.20 -0.32 6.92 272.23 0.94 -0.47 6.43 253.05</u></div>
<div><u>Essex Cty 1.20 6.92 272.23 0.95 6.44 253.33</u></div>
<div><u>Mdsx Low 1.20 6.92 272.23 0.95 6.44 253.33</u></div>
<div><u>Mdsx High 1.20 6.92 272.23 0.95 6.44 253.33</u></div>
<div><u>Mdsx Avg 1.20 -0.32 6.92 272.23 0.95 -0.46 6.44 253.33</u></div>
<div><u>Hensall 1.22 6.93 272.89 1.02 6.50 255.96</u></div>
<div><u>Bruce 1.20 6.92 272.23 1.00 6.49 255.30</u></div>
<div><u>Putnam 1.20 6.92 272.23 1.00 6.49 255.30</u></div>
<div><u>Burford 1.20 6.92 272.23 0.95 6.44 253.33</u></div>
<div><u>Port Perry 1.25 6.97 274.20 1.00 6.49 255.30</u></div>
<div><u>Norfolk 1.20 6.92 272.23 0.95 6.44 253.33</u></div>
<div><u>Palmerston 1.22 6.94 273.02 1.04 6.53 256.88</u></div>
<div><u>Varna 1.20 6.92 272.23 1.00 6.49 255.30</u></div>
<div><u>Belmore 1.20 6.92 272.23 1.00 6.49 255.30</u></div>
<div><u>Trenton 1.25 6.97 274.20 1.05 6.54 257.27</u></div>
<div><u>Winchester 1.45 7.17 282.07 1.25 6.74 265.15</u></div>
<div><u>North Gower 1.50 7.22 284.04 1.20 6.69 263.18</u></div>
<div><u>Vankleek Hil 1.45 7.17 282.07 1.22 6.71 263.96</u></div>
<div><u>Huron FOB 1.31 1.39 1.44 1.47 7.03 276.56N/A</u></div>
<div><u>Kent FOB 1.45 7.17 282.07 1.10 6.59 259.24</u></div>
<div><u>Lamb FOB 1.55 7.27 286.01 1.15 6.64 261.21</u></div>
<div><u>Mdsx FOB 1.35 1.45 1.50 1.55 7.07 278.14 1.12 6.61 260.03</u></div>
<div><u>FOB SW Que 2.09 7.81 307.27N/A</u></div>
<div><u>Track 1.74 7.45 293.29N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.36 6.85 269.48</u></div>
<div><u>Jhnstwn-Eth N/A 2.03 2.08 2.09 1.67 7.16 281.68</u></div>
<div><u>Aylmer-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Sarn-Eth N/A 1.50 1.55 1.55 N/A</u></div>
<div><u>London-Ing N/A N/A N/A N/A 1.45 6.94 273.02</u></div>
<div><u>Cardnl-Ing N/A N/A 2.00N/A 1.60 7.09 278.92</u></div>
<div><u>W O Feed 1.80 7.51 295.77</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.86 7.58 298.21</u></div>
<div><u>Toledo El. -0.36 5.36 210.87 -0.32 5.16 203.33</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.60 7.32 287.98 1.35 6.84 269.08</u></div>
<div><u>Prescott 1.87 7.59 298.61 1.66 7.15 281.29</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.20 6.91 1/2</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.281 up 0.0024</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> JAN22 HI 12.37 NOV22 HI 12.19 3/4</u></div>
<div><u> LOW 12.16 1/4 LOW 12.04 3/4</u></div>
<div><u> CLOSE12.28 1/4 Up 11 CLOSE 12.14 Up 5</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+MAR22+MAR22</u></div>
<div><u>CK Low 2.95 15.23 559.70 2.55 14.69 539.77</u></div>
<div><u>CK High 3.00 15.28 561.54 2.75 14.89 547.11</u></div>
<div><u>CK Average 2.99 -0.36 15.27 561.12 2.61 -0.63 14.75 541.86</u></div>
<div><u>Essex Cty 3.00 15.28 561.54 2.55 14.69 539.77</u></div>
<div><u>Mdsx Low 3.00 15.28 561.54 2.59 14.73 541.23</u></div>
<div><u>Mdsx High 3.01 15.29 561.90 2.60 14.74 541.60</u></div>
<div><u>Mdsx Average3.01 -0.35 15.29 561.72 2.60 -0.64 14.74 541.42</u></div>
<div><u>Hensall 3.03 15.32 562.76 2.63 14.77 542.83</u></div>
<div><u>Bruce 3.00 15.28 561.54 2.65 14.79 543.44</u></div>
<div><u>Putnam 3.00 15.28 561.54 2.60 14.74 541.60</u></div>
<div><u>Burford 3.08 15.36 564.48 2.66 14.80 543.81</u></div>
<div><u>Port Perry 2.96 15.24 560.07 2.54 14.68 539.40</u></div>
<div><u>Norfolk 3.00 15.28 561.54 2.60 14.74 541.60</u></div>
<div><u>Palmerston 3.05 15.33 563.37 2.67 14.81 544.17</u></div>
<div><u>Varna 3.05 15.33 563.37 2.65 14.79 543.44</u></div>
<div><u>Trenton 2.95 15.23 559.70 2.65 14.79 543.44</u></div>
<div><u>Winchester 2.94 15.22 559.33 2.71 14.85 545.64</u></div>
<div><u>North Gower 2.87 15.15 556.76 2.72 14.86 546.01</u></div>
<div><u>Vankleek Hil3.01 15.29 561.90 2.84 14.98 550.42</u></div>
<div><u>Huron FOB 3.20 3.26 3.32 3.34 15.48 568.88 N/A</u></div>
<div><u>Kent FOB 3.30 15.58 572.56 2.60 14.74 541.60</u></div>
<div><u>Lambton FOB 3.25 15.53 570.72 2.75 14.89 547.11</u></div>
<div><u>Mdsx FOB 3.20 3.26 3.22 3.28 15.48 568.88 2.71 14.85 545.64</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.83 16.11 592.03 N/A</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.65 15.93 585.42 3.00 15.14 556.30</u></div>
<div><u>Prescott 3.46 15.74 578.44 3.16 15.30 562.18</u></div>
<div><u>Port Colborn3.36 15.64 574.76 3.12 15.26 560.71</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.26 12.03 441.89 -0.51 11.63 427.24</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.281 up 0.0024</u></div>
<div><u>Chicago wheat closed mixed.</u></div>
<div><u>MAR22 HI 7.99 JUL22 HI 7.97</u></div>
<div><u> LOW 7.85 1/2 LOW 7.82 1/2</u></div>
<div><u> CLOSE 7.90 1/2 Up 3 1/4 CLOSE 7.86 1/2 Down 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed mixed.</u></div>
<div><u>MAR22 HI 10.26 SEP22 HI 9.15 1/4</u></div>
<div><u> LOW 10.01 LOW 8.99 1/4</u></div>
<div><u> CLOSE 10.19 3/4 Up 9 3/4 CLOSE 9.04 1/4 Down 1 1/4</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 1.70 N/A</u></div>
<div><u>London 1.15 1.53 1.08 N/A 1.71 1.71 1.52 N/A</u></div>
<div><u>Hensall 1.10 N/A 1.10 N/A 2.30 N/A 1.70 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.65 N/A</u></div>
<div><u>Bruce 1.00 1.25 1.00 N/A 2.05 1.85 1.70 1.30</u></div>
<div><u>Essex N/A N/A 1.05 N/A N/A N/A 1.60 N/A</u></div>
<div><u>Norwich 1.10 N/A 1.10 N/A 2.30 N/A 1.70 N/A</u></div>
<div><u>Port Hope N/A N/A 1.10 N/A N/A N/A 1.70 N/A</u></div>
<div><u>Kent Bridge 1.10 N/A 1.10 N/A 2.30 N/A 1.70 N/A</u></div>
<div><u>Chatham N/A N/A 1.05 N/A N/A N/A 1.65 N/A</u></div>
<div><u>Brigden N/A N/A 1.05 N/A N/A N/A 1.65 N/A</u></div>
<div><u>Palmerston N/A N/A 0.90 1.77 N/A N/A 1.64 1.40</u></div>
<div><u>Varna 1.35 1.85 1.10 N/A 2.25 1.90 1.70 N/A</u></div>
<div><u>Mitchell 1.10 1.65 1.10 N/A 2.30 1.90 1.70 N/A</u></div>
<div><u>Thornton 1.15 1.53 1.08 1.22 1.71 1.71 1.52 N/A</u></div>
<div><u>North Gower N/A 0.80 1.20 1.29 N/A N/A 1.52 N/A</u></div>
<div><u>W O Feed 1.99</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.67 N/A N/A N/A 1.85 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 2.61 N/A N/A N/A 2.34 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. N/A 7.82US 10.01CA</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 591.40</u></div>
<span><u>DDG's FOB Srn & Aylm 205.00 - 220.00</u></span><br>
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<span>
<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>
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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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