FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, December 22 (All Bases in CAD) Exchange rate was 1.285 down 0.0073 Chicago corn closed slightly higher. MAR22 HI 6.06 3/4 DEC22 HI 5.55 1/4 LOW 5.97 LOW 5.49 CLOSE6.02 1/2 Up 4 1/4 CLOSE 5.51 1/2 Up 1 1/2 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 1.35 7.38 290.34 1.05 6.57 258.45 CK High 1.40 7.43 292.31 1.10 6.62 260.42 CK Avg 1.37 -0.27 7.40 291.18 1.07 -0.40 6.59 259.30 Essex Cty 1.40 7.43 292.31 1.10 6.62 260.42 Mdsx Low 1.35 7.38 290.34 1.05 6.57 258.45 Mdsx High 1.40 7.43 292.31 1.10 6.62 260.42 Mdsx Avg 1.37 -0.27 7.39 291.00 1.07 -0.40 6.58 259.11 Hensall 1.40 7.43 292.31 1.10 6.62 260.42 Bruce 1.35 7.38 290.34 1.05 6.57 258.45 Putnam 1.35 7.38 290.34 1.05 6.57 258.45 Burford 1.35 7.38 290.34 1.05 6.57 258.45 Port Perry 1.35 7.38 290.34 1.15 6.67 262.39 Norfolk 1.40 7.43 292.31 1.10 6.62 260.42 Palmerston 1.34 7.37 289.95 1.08 6.60 259.63 Varna 1.35 7.38 290.34 1.05 6.57 258.45 Belmore 1.40 7.43 292.31 1.10 6.62 260.42 Trenton 1.45 7.48 294.28 1.20 6.72 264.36 Winchester 1.45 7.48 294.28 1.10 6.62 260.42 North Gower 1.45 7.48 294.28 1.30 6.82 268.29 Vankleek Hil 1.62 7.65 300.97 1.34 6.86 269.87 Huron FOB 1.51 1.59 1.65 1.70 7.54 296.64N/A Kent FOB 1.60 7.63 300.18 1.25 6.77 266.33 Lamb FOB 1.55 7.58 298.21 1.15 6.67 262.39 Mdsx FOB 1.50 1.60 1.65 1.70 7.53 296.25 1.15 6.67 262.39 FOB SW Que 2.32 8.35 328.53N/A Track 1.95 7.98 313.96N/A PROCESSORS Chat-Eth N/A N/A N/A N/A 1.49 7.01 275.77 Jhnstwn-Eth N/A N/A N/A N/A 1.75 7.27 286.01 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 6.97 274.20 Cardnl-Ing N/A N/A N/A N/A 1.65 7.17 282.07 W O Feed 1.96 7.99 314.51 US Rep 2.04 8.07 317.51 Toledo El. -0.32 5.70 224.55 -0.32 5.19 204.45 TRANSFER Pt. Colb 1.35 7.38 290.34 1.20 6.72 264.36 Prescott 2.14 8.17 321.44 1.79 7.31 287.59 HI SD CRN 1.40 7.42 1/2 *Wet Bid Exchange rate was 1.285 down 0.0073 Chicago soybeans closed slightly to moderately higher. JAN22 HI 13.33 1/4 NOV22 HI 12.66 3/4 LOW 13.04 3/4 LOW 12.52 1/4 CLOSE13.28 3/4 Up 20 3/4 CLOSE 12.63 1/4 Up 8 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN22+MAR22+MAR22 CK Low 3.45 16.74 615.00 2.89 15.52 570.35 CK High 3.50 16.79 616.84 2.95 15.58 572.56 CK Average 3.48 -0.24 16.76 616.00 2.94 -0.53 15.57 572.24 Essex Cty 3.50 16.79 616.84 2.95 15.58 572.56 Mdsx Low 3.45 16.74 615.00 2.90 15.53 570.72 Mdsx High 3.53 16.82 617.94 2.95 15.58 572.56 Mdsx Average3.49 -0.23 16.78 616.59 2.93 -0.54 15.56 571.70 Hensall 3.48 16.77 616.22 2.95 15.58 572.56 Bruce 3.40 16.69 613.16 2.95 15.58 572.56 Putnam 3.45 16.74 615.00 2.95 15.58 572.56 Burford 3.60 16.89 620.51 3.00 15.63 574.40 Port Perry 3.48 16.77 616.10 2.88 15.51 569.99 Norfolk 3.50 16.79 616.84 2.95 15.58 572.56 Palmerston 3.48 16.77 616.10 2.93 15.56 571.82 Varna 3.50 16.79 616.84 2.95 15.58 572.56 Trenton 3.45 16.74 615.00 2.95 15.58 572.56 Winchester 3.40 16.69 613.16 2.91 15.54 571.09 North Gower 3.20 16.49 605.81 3.00 15.63 574.40 Vankleek Hil3.38 16.67 612.43 3.13 15.76 579.17 Huron FOB 3.66 3.79 3.80 3.80 16.95 622.71 N/A Kent FOB 3.70 16.99 624.18 2.95 15.58 572.56 Lambton FOB 3.45 16.74 615.00 2.85 15.48 568.88 Mdsx FOB 3.70 3.70 3.78 3.78 16.99 624.18 3.05 15.68 576.23 PROCESSORS Windsor 4.18 17.47 641.82 3.21 15.84 582.11 TRANSFER Hamilton 3.95 17.24 633.37 3.35 15.98 587.26 Prescott N/A 3.52 16.15 593.50 Port Colborn3.85 17.14 629.70 3.46 16.09 591.30 Toledo El. -0.26 13.03 478.79 -0.51 12.12 445.25 Exchange rate was 1.285 down 0.0073 Chicago wheat closed moderately higher to higher. MAR22 HI 8.17 JUL22 HI 8.08 LOW 7.92 LOW 7.83 CLOSE 8.14 Up 15 CLOSE 8.06 Up 16 Minni wheat closed slightly higher. MAR22 HI 10.33 SEP22 HI 9.43 LOW 10.19 1/4 LOW 9.31 1/4 CLOSE 10.27 3/4 Up 2 1/4 CLOSE 9.39 3/4 Up 5 1/2 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 1.30 N/A N/A N/A 1.70 N/A London 1.31 1.69 1.24 N/A 1.86 1.86 1.73 N/A Hensall 1.30 N/A 1.30 N/A 2.40 N/A 1.70 N/A Trenton N/A N/A N/A N/A N/A N/A 1.75 N/A Bruce 1.20 1.45 1.20 N/A 2.30 1.85 1.70 1.50 Essex N/A N/A 1.35 N/A N/A N/A 1.75 N/A Norwich 1.30 N/A 1.30 N/A 2.40 N/A 1.70 N/A Port Hope N/A N/A 1.30 N/A N/A N/A 1.70 N/A Kent Bridge 1.30 N/A 1.30 N/A 2.40 N/A 1.70 N/A Chatham N/A N/A 1.35 N/A N/A N/A 1.75 N/A Brigden N/A N/A 1.35 N/A N/A N/A 1.75 N/A Palmerston N/A N/A 1.23 2.04 N/A N/A 1.72 1.74 Varna 1.55 2.00 1.30 N/A 2.20 1.85 1.65 N/A Mitchell 1.30 1.90 1.30 N/A 2.40 1.85 1.70 N/A Thornton 1.31 1.69 1.24 1.55 1.86 1.86 1.73 N/A North Gower N/A 1.05 1.45 N/A N/A N/A 1.74 N/A W O Feed 2.19 TERMINAL Port Colbor N/A N/A 1.83 N/A N/A N/A 2.06 N/A PROCESSORS Toledo FM N/A N/A 2.71 N/A N/A N/A 2.44 N/A Toledo El. 7.99US 10.27CA 8.01US 10.31CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 633.62 DDG's FOB Srn & Aylm 240.00