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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, December 14</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 1.283 up 0.0034</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR22 HI 5.94 DEC22 HI 5.48 1/2</u></div>
<div><u> LOW 5.81 1/2 LOW 5.40</u></div>
<div><u> CLOSE5.90 1/4 Up 5 1/4 CLOSE 5.45 3/4 Up 3 1/4</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 1.25 7.15 281.58 0.90 6.36 250.28</u></div>
<div><u>CK High 1.25 7.15 281.58 1.00 6.46 254.22</u></div>
<div><u>CK Avg 1.25 -0.33 7.15 281.58 0.99 -0.44 6.44 253.66</u></div>
<div><u>Essex Cty 1.25 7.15 281.58 1.00 6.46 254.22</u></div>
<div><u>Mdsx Low 1.25 7.15 281.58 1.00 6.46 254.22</u></div>
<div><u>Mdsx High 1.25 7.15 281.58 1.00 6.46 254.22</u></div>
<div><u>Mdsx Avg 1.25 -0.33 7.15 281.58 1.00 -0.42 6.46 254.22</u></div>
<div><u>Hensall 1.27 7.17 282.24 1.02 6.47 254.88</u></div>
<div><u>Bruce 1.25 7.15 281.58 1.00 6.46 254.22</u></div>
<div><u>Putnam 1.25 7.15 281.58 1.00 6.46 254.22</u></div>
<div><u>Burford 1.25 7.15 281.58 1.00 6.46 254.22</u></div>
<div><u>Port Perry 1.25 7.15 281.58 1.05 6.51 256.19</u></div>
<div><u>Norfolk 1.25 7.15 281.58 1.00 6.46 254.22</u></div>
<div><u>Palmerston 1.30 7.20 283.55 1.06 6.52 256.58</u></div>
<div><u>Varna 1.25 7.15 281.58 1.00 6.46 254.22</u></div>
<div><u>Belmore 1.25 7.15 281.58 1.00 6.46 254.22</u></div>
<div><u>Trenton 1.30 7.20 283.55 1.10 6.56 258.16</u></div>
<div><u>Winchester 1.45 7.35 289.46 1.25 6.71 264.06</u></div>
<div><u>North Gower 1.45 7.35 289.46 1.25 6.71 264.06</u></div>
<div><u>Vankleek Hil 1.49 7.39 291.03 1.28 6.74 265.24</u></div>
<div><u>Huron FOB 1.42 1.48 1.53 1.60 7.32 288.27N/A</u></div>
<div><u>Kent FOB 1.50 7.40 291.42 1.10 6.56 258.16</u></div>
<div><u>Lamb FOB 1.60 7.50 295.36 1.20 6.66 262.09</u></div>
<div><u>Mdsx FOB 1.50 1.55 1.60 1.62 7.40 291.42 1.10 6.56 258.16</u></div>
<div><u>FOB SW Que 2.15 8.05 317.01N/A</u></div>
<div><u>Track 1.83 7.73 304.42N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.39 6.85 269.57</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.65 7.11 279.81</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 6.91 271.94</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 1.65 7.11 279.81</u></div>
<div><u>W O Feed 1.91 7.82 307.72</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.99 7.89 310.71</u></div>
<div><u>Toledo El. -0.32 5.58 219.74 -0.32 5.14 202.23</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.45 7.35 289.46 1.35 6.81 268.00</u></div>
<div><u>Prescott 2.01 7.91 311.50 1.70 7.16 281.78</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.25 7.15 1/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.283 up 0.0034</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> JAN22 HI 12.67 NOV22 HI 12.47 1/2</u></div>
<div><u> LOW 12.37 1/2 LOW 12.25 1/2</u></div>
<div><u> CLOSE12.59 1/2 Up 15 1/2 CLOSE 12.43 Up 12 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+MAR22+MAR22</u></div>
<div><u>CK Low 3.15 15.75 578.53 2.70 15.13 555.93</u></div>
<div><u>CK High 3.15 15.75 578.53 2.85 15.28 561.44</u></div>
<div><u>CK Average 3.15 -0.32 15.75 578.53 2.72 -0.62 15.15 556.77</u></div>
<div><u>Essex Cty 3.15 15.75 578.53 2.70 15.13 555.93</u></div>
<div><u>Mdsx Low 3.19 15.79 580.00 2.75 15.18 557.77</u></div>
<div><u>Mdsx High 3.19 15.79 580.00 2.75 15.18 557.77</u></div>
<div><u>Mdsx Average3.19 -0.29 15.79 580.00 2.75 -0.60 15.18 557.77</u></div>
<div><u>Hensall 3.15 15.75 578.53 2.70 15.13 555.93</u></div>
<div><u>Bruce 3.10 15.70 576.69 2.70 15.13 555.93</u></div>
<div><u>Putnam 3.15 15.75 578.53 2.70 15.13 555.93</u></div>
<div><u>Burford 3.26 15.86 582.57 2.82 15.25 560.34</u></div>
<div><u>Port Perry 3.14 15.74 578.16 2.70 15.13 555.93</u></div>
<div><u>Norfolk 3.15 15.75 578.53 2.70 15.13 555.93</u></div>
<div><u>Palmerston 3.21 15.81 580.73 2.74 15.17 557.40</u></div>
<div><u>Varna 3.15 15.75 578.53 2.70 15.13 555.93</u></div>
<div><u>Trenton 3.15 15.75 578.53 2.75 15.18 557.77</u></div>
<div><u>Winchester 3.16 15.76 578.90 2.85 15.28 561.44</u></div>
<div><u>North Gower 2.95 15.55 571.18 2.80 15.23 559.61</u></div>
<div><u>Vankleek Hil3.02 15.62 573.75 2.85 15.28 561.44</u></div>
<div><u>Huron FOB 3.38 3.44 3.46 3.53 15.98 586.98 N/A</u></div>
<div><u>Kent FOB 3.40 16.00 587.72 2.70 15.13 555.93</u></div>
<div><u>Lambton FOB 3.45 16.05 589.55 2.90 15.33 563.28</u></div>
<div><u>Mdsx FOB 3.37 3.43 3.38 3.38 15.97 586.61 2.87 15.30 562.18</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.98 16.58 609.03 N/A</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.70 16.30 598.74 3.10 15.53 570.63</u></div>
<div><u>Prescott 3.21 15.81 580.73 3.27 15.70 576.88</u></div>
<div><u>Port Colborn3.52 16.12 592.12 3.28 15.71 577.24</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.26 12.34 453.36 -0.51 11.92 437.87</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.283 up 0.0034</u></div>
<div><u>Chicago wheat closed slightly lower.</u></div>
<div><u>MAR22 HI 7.92 1/4 JUL22 HI 7.87 1/4</u></div>
<div><u> LOW 7.77 1/2 LOW 7.76</u></div>
<div><u> CLOSE 7.87 Down 1 3/4 CLOSE 7.84 Down 2 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>MAR22 HI 10.23 SEP22 HI 9.23 3/4</u></div>
<div><u> LOW 10.11 1/2 LOW 9.15 1/2</u></div>
<div><u> CLOSE 10.21 Up 2 3/4 CLOSE 9.22 1/4 Up 1 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 1.60 N/A</u></div>
<div><u>London 1.18 1.56 1.11 N/A 1.75 1.75 1.55 N/A</u></div>
<div><u>Hensall 1.10 N/A 1.10 N/A 2.30 N/A 1.60 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 1.75 1.60 1.30</u></div>
<div><u>Essex N/A N/A 1.10 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 1.60 N/A</u></div>
<div><u>Port Hope N/A N/A 1.10 N/A N/A N/A 1.60 N/A</u></div>
<div><u>Kent Bridge 1.10 N/A 1.10 N/A 2.30 N/A 1.60 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 1.16 2.01 N/A N/A 1.84 1.68</u></div>
<div><u>Varna 1.45 1.95 1.20 N/A 2.15 1.80 1.60 N/A</u></div>
<div><u>Mitchell 1.10 1.65 1.10 N/A 2.30 1.80 1.60 N/A</u></div>
<div><u>Thornton 1.18 1.56 1.11 1.21 1.75 1.75 1.55 N/A</u></div>
<div><u>North Gower N/A 0.90 1.30 1.06 N/A N/A 1.62 N/A</u></div>
<div><u>W O Feed 2.09</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.70 N/A N/A N/A 1.88 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 2.35 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 7.72US 9.90CA 7.79US 9.99CA</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 642.11</u></div>
<u><span>DDG's FOB Srn & Aylm 205.00 - 230.00</span><br>
</u></div>
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</u></span></div>
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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>
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<span style="font-size:10.0pt;font-family:"Courier New"">University of Guelph, Ridgetown Campus<o:p> </o:p></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New""><o:p> </o:p></span></p>
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<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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