FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, December 17 (All Bases in CAD) Exchange rate was 1.2878 up 0.0083 Chicago corn closed narrowly mixed. MAR22 HI 5.98 3/4 DEC22 HI 5.50 3/4 LOW 5.89 1/4 LOW 5.45 CLOSE5.93 1/4 Up 2 CLOSE 5.46 1/2 Down 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR22+MAR22+MAY22 CK Low 1.30 7.23 284.73 0.90 6.37 250.58 CK High 1.35 7.28 286.70 1.05 6.52 256.48 CK Avg 1.32 -0.30 7.25 285.57 1.03 -0.42 6.49 255.64 Essex Cty 1.35 7.28 286.70 1.05 6.52 256.48 Mdsx Low 1.25 7.18 282.76 1.00 6.47 254.52 Mdsx High 1.35 7.28 286.70 1.05 6.52 256.48 Mdsx Avg 1.30 -0.32 7.23 284.73 1.03 -0.42 6.50 255.83 Hensall 1.32 7.25 285.39 1.07 6.53 257.14 Bruce 1.30 7.23 284.73 1.05 6.52 256.48 Putnam 1.30 7.23 284.73 1.05 6.52 256.48 Burford 1.30 7.23 284.73 1.05 6.52 256.48 Port Perry 1.30 7.23 284.73 1.10 6.57 258.45 Norfolk 1.35 7.28 286.70 1.05 6.52 256.48 Palmerston 1.32 7.25 285.52 1.07 6.54 257.27 Varna 1.30 7.23 284.73 1.05 6.52 256.48 Belmore 1.30 7.23 284.73 1.05 6.52 256.48 Trenton 1.35 7.28 286.70 1.15 6.62 260.42 Winchester 1.45 7.38 290.64 1.25 6.72 264.36 North Gower 1.45 7.38 290.64 1.25 6.72 264.36 Vankleek Hil 1.57 7.50 295.36 1.31 6.78 266.72 Huron FOB 1.40 1.47 1.52 1.59 7.33 288.67N/A Kent FOB 1.55 7.48 294.57 1.15 6.62 260.42 Lamb FOB 1.55 7.48 294.57 1.15 6.62 260.42 Mdsx FOB 1.50 1.55 1.60 1.65 7.43 292.60 1.15 6.62 260.42 FOB SW Que 2.26 8.19 322.52N/A Track 1.90 7.83 308.35N/A PROCESSORS Chat-Eth N/A N/A N/A N/A 1.46 6.93 272.63 Jhnstwn-Eth N/A N/A N/A N/A 1.72 7.19 282.86 Aylmer-Eth N/A N/A N/A N/A N/A Sarn-Eth N/A 1.50 1.55 1.55 N/A London-Ing N/A N/A N/A N/A 1.45 6.92 272.23 Cardnl-Ing N/A N/A N/A N/A 1.65 7.12 280.11 W O Feed 1.94 7.87 309.93 US Rep 2.03 7.96 313.47 Toledo El. -0.32 5.61 220.88 -0.32 5.14 202.47 TRANSFER Pt. Colb 1.30 7.23 284.73 1.20 6.67 262.39 Prescott 2.08 8.01 315.44 1.76 7.23 284.44 HI SD CRN 1.35 7.28 1/4 *Wet Bid Exchange rate was 1.2878 up 0.0083 Chicago soybeans closed steady to slightly higher. JAN22 HI 12.97 1/2 NOV22 HI 12.54 LOW 12.74 3/4 LOW 12.42 1/4 CLOSE12.85 1/4 Up 8 CLOSE 12.46 3/4 Up 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN22+MAR22+MAR22 CK Low 3.18 16.03 589.09 2.75 15.22 559.15 CK High 3.25 16.10 591.67 2.85 15.32 562.82 CK Average 3.24 -0.36 16.09 591.25 2.79 -0.62 15.26 560.72 Essex Cty 3.25 16.10 591.67 2.80 15.27 560.98 Mdsx Low 3.20 16.05 589.83 2.75 15.22 559.15 Mdsx High 3.28 16.13 592.77 2.80 15.27 560.98 Mdsx Average3.24 -0.35 16.10 591.42 2.78 -0.63 15.25 560.25 Hensall 3.25 16.10 591.67 2.80 15.27 560.98 Bruce 3.25 16.10 591.67 2.80 15.27 560.98 Putnam 3.25 16.10 591.67 2.80 15.27 560.98 Burford 3.35 16.20 595.34 2.86 15.33 563.19 Port Perry 3.23 16.08 590.93 2.74 15.21 558.78 Norfolk 3.25 16.10 591.67 2.80 15.27 560.98 Palmerston 3.28 16.13 592.77 2.85 15.32 562.82 Varna 3.25 16.10 591.67 2.80 15.27 560.98 Trenton 3.20 16.05 589.83 2.80 15.27 560.98 Winchester 3.26 16.11 592.03 2.88 15.35 563.92 North Gower 3.00 15.85 582.48 2.90 15.37 564.66 Vankleek Hil3.18 16.03 589.09 3.00 15.47 568.33 Huron FOB 3.26 3.51 3.45 3.52 16.11 592.03 N/A Kent FOB 3.45 16.30 599.01 2.80 15.27 560.98 Lambton FOB 3.45 16.30 599.01 2.85 15.32 562.82 Mdsx FOB 3.47 3.47 3.53 3.53 16.32 599.75 2.92 15.39 565.39 PROCESSORS Windsor 4.05 16.90 621.06 N/A TRANSFER Hamilton 3.75 16.60 610.04 3.20 15.67 575.68 Prescott 3.38 16.23 596.44 3.42 15.89 583.77 Port Colborn3.62 16.47 605.26 3.33 15.80 580.46 Toledo El. -0.26 12.59 462.78 -0.52 11.95 439.17 Exchange rate was 1.2878 up 0.0083 Chicago wheat closed mixed. MAR22 HI 7.80 1/4 JUL22 HI 7.74 1/2 LOW 7.65 1/4 LOW 7.63 3/4 CLOSE 7.75 Up 4 1/2 CLOSE 7.69 3/4 Up 1 1/4 Minni wheat closed slightly lower. MAR22 HI 10.31 1/4 SEP22 HI 9.32 1/4 LOW 10.18 1/4 LOW 9.24 1/4 CLOSE 10.22 1/2 Down 4 1/4 CLOSE 9.25 1/4 Down 4 1/4 Direct MarkHarvest 2021 Harvest 2022 DELIVERED BASIS DELIVERED BASIS Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M) ELEVATORS Brgssvll N/A N/A 1.10 N/A N/A N/A 1.60 N/A London 1.15 1.54 1.09 N/A 1.72 1.72 1.53 N/A Hensall 1.10 N/A 1.10 N/A 2.30 N/A 1.60 N/A Trenton N/A N/A N/A N/A N/A N/A 1.75 N/A Bruce 1.00 1.25 1.00 N/A 2.05 1.75 1.60 1.30 Essex N/A N/A 1.20 N/A N/A N/A 1.60 N/A Norwich 1.10 N/A 1.10 N/A 2.30 N/A 1.60 N/A Port Hope N/A N/A 1.25 N/A N/A N/A 1.70 N/A Kent Bridge 1.10 N/A 1.10 N/A 2.30 N/A 1.60 N/A Chatham N/A N/A 1.20 N/A N/A N/A 1.60 N/A Brigden N/A N/A 1.20 N/A N/A N/A 1.60 N/A Palmerston N/A N/A 1.13 2.04 N/A N/A 1.66 1.71 Varna 1.45 1.95 1.20 N/A 2.15 1.80 1.60 N/A Mitchell 1.10 1.65 1.10 N/A 2.30 1.80 1.60 N/A Thornton 1.15 1.54 1.09 1.06 1.72 1.72 1.53 N/A North Gower N/A 1.00 1.40 N/A N/A N/A 1.72 N/A W O Feed 2.10 TERMINAL Port Colbor N/A N/A 1.67 N/A N/A N/A 1.86 N/A PROCESSORS Toledo FM N/A N/A 2.62 N/A N/A N/A 2.35 N/A Toledo El. 7.60US 9.79CA 7.65US 9.85CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 607.93 DDG's FOB Srn & Aylm 205.00 - 230.00