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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, December 17</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 1.2878 up 0.0083</u></div>
<div><u>Chicago corn closed narrowly mixed.</u></div>
<div><u><br>
</u></div>
<div><u> MAR22 HI 5.98 3/4 DEC22 HI 5.50 3/4</u></div>
<div><u> LOW 5.89 1/4 LOW 5.45</u></div>
<div><u> CLOSE5.93 1/4 Up 2 CLOSE 5.46 1/2 Down 3/4</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 1.30 7.23 284.73 0.90 6.37 250.58</u></div>
<div><u>CK High 1.35 7.28 286.70 1.05 6.52 256.48</u></div>
<div><u>CK Avg 1.32 -0.30 7.25 285.57 1.03 -0.42 6.49 255.64</u></div>
<div><u>Essex Cty 1.35 7.28 286.70 1.05 6.52 256.48</u></div>
<div><u>Mdsx Low 1.25 7.18 282.76 1.00 6.47 254.52</u></div>
<div><u>Mdsx High 1.35 7.28 286.70 1.05 6.52 256.48</u></div>
<div><u>Mdsx Avg 1.30 -0.32 7.23 284.73 1.03 -0.42 6.50 255.83</u></div>
<div><u>Hensall 1.32 7.25 285.39 1.07 6.53 257.14</u></div>
<div><u>Bruce 1.30 7.23 284.73 1.05 6.52 256.48</u></div>
<div><u>Putnam 1.30 7.23 284.73 1.05 6.52 256.48</u></div>
<div><u>Burford 1.30 7.23 284.73 1.05 6.52 256.48</u></div>
<div><u>Port Perry 1.30 7.23 284.73 1.10 6.57 258.45</u></div>
<div><u>Norfolk 1.35 7.28 286.70 1.05 6.52 256.48</u></div>
<div><u>Palmerston 1.32 7.25 285.52 1.07 6.54 257.27</u></div>
<div><u>Varna 1.30 7.23 284.73 1.05 6.52 256.48</u></div>
<div><u>Belmore 1.30 7.23 284.73 1.05 6.52 256.48</u></div>
<div><u>Trenton 1.35 7.28 286.70 1.15 6.62 260.42</u></div>
<div><u>Winchester 1.45 7.38 290.64 1.25 6.72 264.36</u></div>
<div><u>North Gower 1.45 7.38 290.64 1.25 6.72 264.36</u></div>
<div><u>Vankleek Hil 1.57 7.50 295.36 1.31 6.78 266.72</u></div>
<div><u>Huron FOB 1.40 1.47 1.52 1.59 7.33 288.67N/A</u></div>
<div><u>Kent FOB 1.55 7.48 294.57 1.15 6.62 260.42</u></div>
<div><u>Lamb FOB 1.55 7.48 294.57 1.15 6.62 260.42</u></div>
<div><u>Mdsx FOB 1.50 1.55 1.60 1.65 7.43 292.60 1.15 6.62 260.42</u></div>
<div><u>FOB SW Que 2.26 8.19 322.52N/A</u></div>
<div><u>Track 1.90 7.83 308.35N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.46 6.93 272.63</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.72 7.19 282.86</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 6.92 272.23</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 1.65 7.12 280.11</u></div>
<div><u>W O Feed 1.94 7.87 309.93</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.03 7.96 313.47</u></div>
<div><u>Toledo El. -0.32 5.61 220.88 -0.32 5.14 202.47</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.30 7.23 284.73 1.20 6.67 262.39</u></div>
<div><u>Prescott 2.08 8.01 315.44 1.76 7.23 284.44</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.35 7.28 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 1.2878 up 0.0083</u></div>
<div><u>Chicago soybeans closed steady to slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> JAN22 HI 12.97 1/2 NOV22 HI 12.54</u></div>
<div><u> LOW 12.74 3/4 LOW 12.42 1/4</u></div>
<div><u> CLOSE12.85 1/4 Up 8 CLOSE 12.46 3/4 Up 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 3.18 16.03 589.09 2.75 15.22 559.15</u></div>
<div><u>CK High 3.25 16.10 591.67 2.85 15.32 562.82</u></div>
<div><u>CK Average 3.24 -0.36 16.09 591.25 2.79 -0.62 15.26 560.72</u></div>
<div><u>Essex Cty 3.25 16.10 591.67 2.80 15.27 560.98</u></div>
<div><u>Mdsx Low 3.20 16.05 589.83 2.75 15.22 559.15</u></div>
<div><u>Mdsx High 3.28 16.13 592.77 2.80 15.27 560.98</u></div>
<div><u>Mdsx Average3.24 -0.35 16.10 591.42 2.78 -0.63 15.25 560.25</u></div>
<div><u>Hensall 3.25 16.10 591.67 2.80 15.27 560.98</u></div>
<div><u>Bruce 3.25 16.10 591.67 2.80 15.27 560.98</u></div>
<div><u>Putnam 3.25 16.10 591.67 2.80 15.27 560.98</u></div>
<div><u>Burford 3.35 16.20 595.34 2.86 15.33 563.19</u></div>
<div><u>Port Perry 3.23 16.08 590.93 2.74 15.21 558.78</u></div>
<div><u>Norfolk 3.25 16.10 591.67 2.80 15.27 560.98</u></div>
<div><u>Palmerston 3.28 16.13 592.77 2.85 15.32 562.82</u></div>
<div><u>Varna 3.25 16.10 591.67 2.80 15.27 560.98</u></div>
<div><u>Trenton 3.20 16.05 589.83 2.80 15.27 560.98</u></div>
<div><u>Winchester 3.26 16.11 592.03 2.88 15.35 563.92</u></div>
<div><u>North Gower 3.00 15.85 582.48 2.90 15.37 564.66</u></div>
<div><u>Vankleek Hil3.18 16.03 589.09 3.00 15.47 568.33</u></div>
<div><u>Huron FOB 3.26 3.51 3.45 3.52 16.11 592.03 N/A</u></div>
<div><u>Kent FOB 3.45 16.30 599.01 2.80 15.27 560.98</u></div>
<div><u>Lambton FOB 3.45 16.30 599.01 2.85 15.32 562.82</u></div>
<div><u>Mdsx FOB 3.47 3.47 3.53 3.53 16.32 599.75 2.92 15.39 565.39</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 4.05 16.90 621.06 N/A</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.75 16.60 610.04 3.20 15.67 575.68</u></div>
<div><u>Prescott 3.38 16.23 596.44 3.42 15.89 583.77</u></div>
<div><u>Port Colborn3.62 16.47 605.26 3.33 15.80 580.46</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.26 12.59 462.78 -0.52 11.95 439.17</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2878 up 0.0083</u></div>
<div><u>Chicago wheat closed mixed.</u></div>
<div><u>MAR22 HI 7.80 1/4 JUL22 HI 7.74 1/2</u></div>
<div><u> LOW 7.65 1/4 LOW 7.63 3/4</u></div>
<div><u> CLOSE 7.75 Up 4 1/2 CLOSE 7.69 3/4 Up 1 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>MAR22 HI 10.31 1/4 SEP22 HI 9.32 1/4</u></div>
<div><u> LOW 10.18 1/4 LOW 9.24 1/4</u></div>
<div><u> CLOSE 10.22 1/2 Down 4 1/4 CLOSE 9.25 1/4 Down 4 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 1.15 1.54 1.09 N/A 1.72 1.72 1.53 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 1.75 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 1.20 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 1.25 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 1.20 N/A N/A N/A 1.60 N/A</u></div>
<div><u>Brigden N/A N/A 1.20 N/A N/A N/A 1.60 N/A</u></div>
<div><u>Palmerston N/A N/A 1.13 2.04 N/A N/A 1.66 1.71</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 1.15 1.54 1.09 1.06 1.72 1.72 1.53 N/A</u></div>
<div><u>North Gower N/A 1.00 1.40 N/A N/A N/A 1.72 N/A</u></div>
<div><u>W O Feed 2.10</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 1.86 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 2.62 N/A N/A N/A 2.35 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 7.60US 9.79CA 7.65US 9.85CA</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 607.93</u></div>
<u><span>DDG's FOB Srn & Aylm 205.00 - 230.00</span><br>
</u></div>
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<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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