FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, December 28 (All Bases in CAD) Exchange rate was 1.2823 up 0.0025 Chicago corn closed moderately lower. MAR22 HI 6.17 3/4 DEC22 HI 5.57 LOW 6.03 3/4 LOW 5.47 1/4 CLOSE6.04 3/4 Down 10 CLOSE 5.48 3/4 Down 8 1/4 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 1.40 7.45 293.20 1.00 6.49 255.40 CK High 1.40 7.45 293.20 1.10 6.59 259.34 CK Avg 1.40 -0.24 7.45 293.20 1.09 -0.37 6.57 258.78 Essex Cty 1.40 7.45 293.20 1.10 6.59 259.34 Mdsx Low 1.40 7.45 293.20 1.05 6.54 257.37 Mdsx High 1.40 7.45 293.20 1.10 6.59 259.34 Mdsx Avg 1.40 -0.24 7.45 293.20 1.08 -0.37 6.57 258.68 Hensall 1.42 7.46 293.85 1.12 6.60 259.99 Bruce 1.35 7.40 291.23 1.05 6.54 257.37 Putnam 1.40 7.45 293.20 1.10 6.59 259.34 Burford 1.40 7.45 293.20 1.10 6.59 259.34 Port Perry 1.40 7.45 293.20 1.15 6.64 261.31 Norfolk 1.40 7.45 293.20 1.10 6.59 259.34 Palmerston 1.33 7.38 290.44 1.06 6.55 257.76 Varna 1.40 7.45 293.20 1.10 6.59 259.34 Belmore 1.40 7.45 293.20 1.10 6.59 259.34 Trenton 1.45 7.50 295.16 1.15 6.64 261.31 Winchester 1.45 7.50 295.16 1.10 6.59 259.34 North Gower 1.45 7.50 295.16 1.30 6.79 267.21 Vankleek Hil 1.62 7.67 301.86 1.34 6.83 268.79 Huron FOB 1.47 1.55 1.60 1.67 7.52 295.95N/A Kent FOB 1.60 7.65 301.07 1.25 6.74 265.24 Lamb FOB 1.60 7.65 301.07 1.25 6.74 265.24 Mdsx FOB 1.50 1.60 1.65 1.70 7.55 297.13 1.20 6.69 263.28 FOB SW Que 2.12 8.17 321.54N/A Track 1.97 8.02 315.64N/A PROCESSORS Chat-Eth N/A N/A N/A N/A 1.45 6.94 273.12 Jhnstwn-Eth N/A N/A N/A N/A 1.71 7.20 283.35 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 6.94 273.12 Cardnl-Ing N/A N/A N/A N/A 1.65 7.14 280.99 W O Feed 1.96 8.01 315.40 US Rep 2.03 8.08 318.00 Toledo El. -0.32 5.73 225.46 -0.32 5.17 203.40 TRANSFER Pt. Colb 1.40 7.45 293.20 1.25 6.74 265.24 Prescott 2.14 8.19 322.33 1.79 7.28 286.50 HI SD CRN 1.40 7.44 3/4 *Wet Bid Exchange rate was 1.2823 up 0.0025 Chicago soybeans closed slightly lower. JAN22 HI 13.75 3/4 NOV22 HI 12.83 LOW 13.54 LOW 12.67 3/4 CLOSE13.59 1/4 Down 3 1/4 CLOSE 12.72 1/4 Down 5 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN22+MAR22+MAR22 CK Low 3.40 16.99 624.37 2.83 15.55 571.46 CK High 3.45 17.04 626.20 2.90 15.62 574.03 CK Average 3.43 -0.32 17.02 625.47 2.85 -0.59 15.58 572.35 Essex Cty 3.45 17.04 626.20 2.85 15.57 572.19 Mdsx Low 3.45 17.04 626.20 2.85 15.57 572.19 Mdsx High 3.50 17.09 628.04 2.95 15.67 575.87 Mdsx Average3.47 -0.29 17.06 626.94 2.89 -0.56 15.61 573.66 Hensall 3.43 17.03 625.59 2.87 15.59 572.80 Bruce 3.40 16.99 624.37 2.90 15.62 574.03 Putnam 3.40 16.99 624.37 2.85 15.57 572.19 Burford 3.53 17.12 629.14 2.94 15.66 575.50 Port Perry 3.41 17.00 624.73 2.82 15.54 571.09 Norfolk 3.45 17.04 626.20 2.85 15.57 572.19 Palmerston 3.53 17.12 629.14 2.93 15.65 575.13 Varna 3.45 17.04 626.20 2.90 15.62 574.03 Trenton 3.45 17.04 626.20 2.95 15.67 575.87 Winchester 3.38 16.97 623.63 2.90 15.62 574.03 North Gower 3.20 16.79 617.02 3.00 15.72 577.70 Vankleek Hil3.38 16.97 623.63 3.13 15.85 582.48 Huron FOB 3.63 3.75 3.78 3.78 17.22 632.82 N/A Kent FOB 3.65 17.24 633.55 2.85 15.57 572.19 Lambton FOB 3.45 17.04 626.20 2.95 15.67 575.87 Mdsx FOB 3.56 3.56 3.65 3.71 17.15 630.25 2.94 15.66 575.50 PROCESSORS Windsor 4.24 17.83 655.23 3.20 15.92 585.05 TRANSFER Hamilton 3.95 17.54 644.58 3.25 15.97 586.89 Prescott N/A 3.52 16.24 596.81 Port Colborn3.78 17.37 638.33 3.35 16.07 590.56 Toledo El. -0.26 13.34 490.02 -0.51 12.21 448.61 Exchange rate was 1.2823 up 0.0025 Chicago wheat closed moderately lower to lower. MAR22 HI 8.08 JUL22 HI 8.04 LOW 7.81 3/4 LOW 7.82 3/4 CLOSE 7.83 1/2 Down 20 1/2 CLOSE 7.83 3/4 Down 17 Minni wheat closed lower. MAR22 HI 10.28 1/2 SEP22 HI 9.44 1/2 LOW 9.97 LOW 9.26 CLOSE 9.99 1/2 Down 25 CLOSE 9.29 Down 16 3/4 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 1.30 N/A N/A N/A 1.70 N/A London 1.17 1.56 1.11 N/A 1.75 1.75 1.62 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 1.25 N/A N/A N/A 1.65 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 1.25 N/A N/A N/A 1.65 N/A Brigden N/A N/A 1.25 N/A N/A N/A 1.65 N/A Palmerston N/A N/A 1.12 1.93 N/A N/A 1.66 1.68 Varna 1.65 2.15 1.40 N/A 2.30 1.85 1.65 N/A Mitchell 1.30 1.90 1.30 N/A 2.40 1.85 1.70 N/A Thornton 1.17 1.56 1.10 1.38 1.75 1.75 1.62 N/A North Gower N/A 1.05 1.45 1.17 N/A N/A 1.76 N/A W O Feed 2.08 TERMINAL Port Colbor N/A N/A 1.69 N/A N/A N/A 1.95 N/A PROCESSORS Toledo FM N/A N/A 2.60 N/A N/A N/A 2.35 N/A Toledo El. 7.69US 9.85CA 7.79US 9.99CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 648.06 DDG's FOB Srn & Aylm 240.00