<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 Thu, December 16</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 1.2795 down 0.0086</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR22 HI 5.92 DEC22 HI 5.47 1/2</u></div>
<div><u> LOW 5.84 1/2 LOW 5.42 1/2</u></div>
<div><u> CLOSE5.91 1/4 Up 5 1/2 CLOSE 5.47 1/4 Up 3 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+MAY22</u></div>
<div><u>CK Low 1.25 7.16 281.98 0.90 6.37 250.87</u></div>
<div><u>CK High 1.30 7.21 283.94 1.05 6.52 256.78</u></div>
<div><u>CK Avg 1.29 -0.28 7.21 283.66 1.03 -0.39 6.50 255.94</u></div>
<div><u>Essex Cty 1.30 7.21 283.94 1.05 6.52 256.78</u></div>
<div><u>Mdsx Low 1.25 7.16 281.98 1.00 6.47 254.81</u></div>
<div><u>Mdsx High 1.30 7.21 283.94 1.05 6.52 256.78</u></div>
<div><u>Mdsx Avg 1.28 -0.29 7.20 283.29 1.03 -0.39 6.51 256.12</u></div>
<div><u>Hensall 1.32 7.23 284.60 1.07 6.54 257.44</u></div>
<div><u>Bruce 1.25 7.16 281.98 1.00 6.47 254.81</u></div>
<div><u>Putnam 1.30 7.21 283.94 1.05 6.52 256.78</u></div>
<div><u>Burford 1.30 7.21 283.94 1.05 6.52 256.78</u></div>
<div><u>Port Perry 1.30 7.21 283.94 1.10 6.57 258.75</u></div>
<div><u>Norfolk 1.30 7.21 283.94 1.05 6.52 256.78</u></div>
<div><u>Palmerston 1.26 7.17 282.37 1.03 6.50 255.99</u></div>
<div><u>Varna 1.30 7.21 283.94 1.05 6.52 256.78</u></div>
<div><u>Belmore 1.30 7.21 283.94 1.05 6.52 256.78</u></div>
<div><u>Trenton 1.35 7.26 285.91 1.15 6.62 260.72</u></div>
<div><u>Winchester 1.45 7.36 289.85 1.25 6.72 264.65</u></div>
<div><u>North Gower 1.45 7.36 289.85 1.25 6.72 264.65</u></div>
<div><u>Vankleek Hil 1.57 7.48 294.57 1.31 6.78 267.02</u></div>
<div><u>Huron FOB 1.40 1.47 1.52 1.59 7.31 287.88N/A</u></div>
<div><u>Kent FOB 1.55 7.46 293.79 1.15 6.62 260.72</u></div>
<div><u>Lamb FOB 1.55 7.46 293.79 1.15 6.62 260.72</u></div>
<div><u>Mdsx FOB 1.50 1.55 1.60 1.65 7.41 291.82 1.15 6.62 260.72</u></div>
<div><u>FOB SW Que 2.15 8.06 317.41N/A</u></div>
<div><u>Track 1.84 7.75 305.01N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.46 6.93 272.92</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.72 7.19 283.16</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 6.92 272.53</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 1.65 7.12 280.40</u></div>
<div><u>W O Feed 1.87 7.79 306.54</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.96 7.87 309.93</u></div>
<div><u>Toledo El. -0.32 5.59 220.17 -0.32 5.15 202.85</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.30 7.21 283.94 1.25 6.72 264.65</u></div>
<div><u>Prescott 2.08 7.99 314.65 1.76 7.23 284.73</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.30 7.21 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 1.2795 down 0.0086</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> JAN22 HI 12.80 3/4 NOV22 HI 12.52 1/2</u></div>
<div><u> LOW 12.58 3/4 LOW 12.36 1/2</u></div>
<div><u> CLOSE12.77 1/4 Up 14 3/4 CLOSE 12.46 1/4 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+MAR22+MAR22</u></div>
<div><u>CK Low 3.16 15.93 585.42 2.71 15.17 557.49</u></div>
<div><u>CK High 3.25 16.02 588.73 2.85 15.31 562.64</u></div>
<div><u>CK Average 3.20 -0.29 15.97 586.78 2.76 -0.57 15.22 559.28</u></div>
<div><u>Essex Cty 3.20 15.97 586.89 2.75 15.21 558.96</u></div>
<div><u>Mdsx Low 3.20 15.97 586.89 2.75 15.21 558.96</u></div>
<div><u>Mdsx High 3.25 16.02 588.73 2.85 15.31 562.64</u></div>
<div><u>Mdsx Average3.22 -0.27 15.99 587.62 2.78 -0.55 15.25 560.19</u></div>
<div><u>Hensall 3.23 16.01 588.11 2.78 15.25 560.19</u></div>
<div><u>Bruce 3.15 15.92 585.05 2.70 15.16 557.13</u></div>
<div><u>Putnam 3.20 15.97 586.89 2.75 15.21 558.96</u></div>
<div><u>Burford 3.28 16.05 589.83 2.82 15.28 561.54</u></div>
<div><u>Port Perry 3.16 15.93 585.42 2.70 15.16 557.13</u></div>
<div><u>Norfolk 3.20 15.97 586.89 2.75 15.21 558.96</u></div>
<div><u>Palmerston 3.11 15.88 583.58 2.60 15.06 553.45</u></div>
<div><u>Varna 3.25 16.02 588.73 2.80 15.26 560.80</u></div>
<div><u>Trenton 3.20 15.97 586.89 2.80 15.26 560.80</u></div>
<div><u>Winchester 3.16 15.93 585.42 2.83 15.29 561.90</u></div>
<div><u>North Gower 3.00 15.77 579.54 2.90 15.36 564.48</u></div>
<div><u>Vankleek Hil3.18 15.95 586.15 3.00 15.46 568.15</u></div>
<div><u>Huron FOB 3.26 3.51 3.45 3.52 16.03 589.09 N/A</u></div>
<div><u>Kent FOB 3.45 16.22 596.07 2.75 15.21 558.96</u></div>
<div><u>Lambton FOB 3.45 16.22 596.07 2.85 15.31 562.64</u></div>
<div><u>Mdsx FOB 3.39 3.46 3.40 3.40 16.16 593.87 2.87 15.33 563.37</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.93 16.70 613.71 N/A</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.75 16.52 607.10 3.15 15.61 573.66</u></div>
<div><u>Prescott 3.38 16.15 593.50 3.42 15.88 583.58</u></div>
<div><u>Port Colborn3.55 16.32 599.75 3.28 15.74 578.44</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.26 12.52 459.91 -0.51 11.95 439.11</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2795 down 0.0086</u></div>
<div><u>Chicago wheat closed moderately higher.</u></div>
<div><u>MAR22 HI 7.73 JUL22 HI 7.71</u></div>
<div><u> LOW 7.51 1/4 LOW 7.52 1/4</u></div>
<div><u> CLOSE 7.70 1/2 Up 14 1/2 CLOSE 7.68 1/2 Up 11 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately higher to higher.</u></div>
<div><u>MAR22 HI 10.29 3/4 SEP22 HI 9.31 1/4</u></div>
<div><u> LOW 10.03 3/4 LOW 9.14</u></div>
<div><u> CLOSE 10.26 3/4 Up 17 1/2 CLOSE 9.29 1/2 Up 14 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 1.60 N/A</u></div>
<div><u>London 1.07 1.45 1.01 N/A 1.65 1.65 1.45 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 1.70 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 1.15 N/A N/A N/A 1.55 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 1.25 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 1.60 N/A</u></div>
<div><u>Chatham N/A N/A 1.15 N/A N/A N/A 1.55 N/A</u></div>
<div><u>Brigden N/A N/A 1.15 N/A N/A N/A 1.55 N/A</u></div>
<div><u>Palmerston N/A N/A 1.06 1.96 N/A N/A 1.63 1.64</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 1.07 1.45 1.01 0.88 1.65 1.65 1.45 N/A</u></div>
<div><u>North Gower N/A 1.00 1.40 N/A N/A N/A 1.73 N/A</u></div>
<div><u>W O Feed 2.01</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.59 N/A N/A N/A 1.78 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 2.54 N/A N/A N/A 2.28 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 7.56US 9.67CA 7.64US 9.77CA</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 600.00</u></div>
<span><u>DDG's FOB Srn & Aylm 205.00 - 230.00</u></span><br>
</div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<span><u><br>
</u></span></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<span><br>
</span></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<span>
<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"">Blair Andrews<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"">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 style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<span><u><br>
</u></span></div>
</body>
</html>