<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 Fri, January 7</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 1.2638 down 0.0090</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR22 HI 6.08 1/4 DEC22 HI 5.58</u></div>
<div><u> LOW 5.99 LOW 5.50 1/4</u></div>
<div><u> CLOSE6.06 3/4 Up 3 CLOSE 5.57 3/4 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+MAY22+MAY22</u></div>
<div><u>CK Low 1.35 7.42 292.01 1.10 6.68 262.88</u></div>
<div><u>CK High 1.40 7.47 293.98 1.10 6.68 262.88</u></div>
<div><u>CK Avg 1.38 -0.18 7.45 293.14 1.10 -0.29 6.68 262.88</u></div>
<div><u>Essex Cty 1.40 7.47 293.98 1.10 6.68 262.88</u></div>
<div><u>Mdsx Low 1.35 7.42 292.01 1.10 6.68 262.88</u></div>
<div><u>Mdsx High 1.40 7.47 293.98 1.10 6.68 262.88</u></div>
<div><u>Mdsx Avg 1.38 -0.17 7.45 293.33 1.10 -0.29 6.68 262.88</u></div>
<div><u>Hensall 1.37 7.43 292.67 1.12 6.69 263.54</u></div>
<div><u>Bruce 1.35 7.42 292.01 1.10 6.68 262.88</u></div>
<div><u>Putnam 1.35 7.42 292.01 1.10 6.68 262.88</u></div>
<div><u>Burford 1.35 7.42 292.01 1.10 6.68 262.88</u></div>
<div><u>Port Perry 1.35 7.42 292.01 1.10 6.68 262.88</u></div>
<div><u>Norfolk 1.40 7.47 293.98 1.10 6.68 262.88</u></div>
<div><u>Palmerston 1.35 7.42 292.01 1.04 6.62 260.52</u></div>
<div><u>Varna 1.35 7.42 292.01 1.10 6.68 262.88</u></div>
<div><u>Belmore 1.35 7.42 292.01 1.10 6.68 262.88</u></div>
<div><u>Trenton 1.40 7.47 293.98 1.15 6.73 264.85</u></div>
<div><u>Winchester 1.45 7.52 295.95 1.10 6.68 262.88</u></div>
<div><u>North Gower 1.45 7.52 295.95 1.30 6.88 270.76</u></div>
<div><u>Vankleek Hil 1.48 7.55 297.13 1.34 6.92 272.33</u></div>
<div><u>Huron FOB 1.38 1.48 1.53 1.61 7.45 293.20N/A</u></div>
<div><u>Kent FOB 1.58 7.65 301.07 1.25 6.83 268.79</u></div>
<div><u>Lamb FOB 1.55 7.62 299.89 1.15 6.73 264.85</u></div>
<div><u>Mdsx FOB 1.55 1.55 1.60 1.65 7.62 299.89 1.30 6.88 270.76</u></div>
<div><u>FOB SW Que 2.28 8.35 328.63N/A</u></div>
<div><u>Track 1.83 7.89 310.71N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.40 6.98 274.69</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.65 7.23 284.53</u></div>
<div><u>Aylmer-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Sarn-Eth N/A N/A 1.55 1.60 N/A</u></div>
<div><u>London-Ing N/A N/A N/A N/A 1.45 7.03 276.66</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 1.65 7.23 284.53</u></div>
<div><u>W O Feed 1.87 7.93 312.33</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.92 7.99 314.45</u></div>
<div><u>Toledo El. -0.27 5.80 228.42 -0.32 5.26 207.14</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.50 7.57 297.92 1.25 6.83 268.79</u></div>
<div><u>Prescott 2.05 8.12 319.57 1.65 7.23 284.53</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.40 7.46 3/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2638 down 0.0090</u></div>
<div><u>Chicago soybeans closed slightly to moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR22 HI 14.15 NOV22 HI 13.22 1/2</u></div>
<div><u> LOW 13.76 LOW 12.97 3/4</u></div>
<div><u> CLOSE14.10 1/4 Up 23 CLOSE 13.21 3/4 Up 15 1/4</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 +MAR22+MAR22+MAY22</u></div>
<div><u>CK Low 3.28 17.38 638.70 2.75 15.97 586.71</u></div>
<div><u>CK High 3.40 17.50 643.11 2.90 16.12 592.22</u></div>
<div><u>CK Average 3.35 -0.30 17.45 641.16 2.84 -0.52 16.05 589.85</u></div>
<div><u>Essex Cty 3.30 17.40 639.43 2.80 16.02 588.54</u></div>
<div><u>Mdsx Low 3.30 17.40 639.43 2.79 16.01 588.17</u></div>
<div><u>Mdsx High 3.40 17.50 643.11 2.85 16.07 590.38</u></div>
<div><u>Mdsx Average3.34 -0.30 17.44 640.90 2.81 -0.54 16.03 589.03</u></div>
<div><u>Hensall 3.40 17.50 643.11 2.85 16.07 590.38</u></div>
<div><u>Bruce 3.30 17.40 639.43 2.85 16.07 590.38</u></div>
<div><u>Putnam 3.40 17.50 643.11 2.85 16.07 590.38</u></div>
<div><u>Burford 3.39 17.49 642.74 2.86 16.08 590.75</u></div>
<div><u>Port Perry 3.27 17.37 638.33 2.74 15.96 586.34</u></div>
<div><u>Norfolk 3.30 17.40 639.43 2.80 16.02 588.54</u></div>
<div><u>Palmerston 3.27 17.37 638.33 2.75 15.97 586.71</u></div>
<div><u>Varna 3.40 17.50 643.11 2.85 16.07 590.38</u></div>
<div><u>Trenton 3.35 17.45 641.27 2.85 16.07 590.38</u></div>
<div><u>Winchester 3.36 17.46 641.64 2.88 16.10 591.48</u></div>
<div><u>North Gower 3.10 17.20 632.08 3.00 16.22 595.89</u></div>
<div><u>Vankleek Hil3.74 17.84 655.60 2.98 16.20 595.16</u></div>
<div><u>Huron FOB 3.44 3.57 3.57 3.68 17.54 644.58 N/A</u></div>
<div><u>Kent FOB 3.50 17.60 646.78 2.80 16.02 588.54</u></div>
<div><u>Lambton FOB 3.55 17.65 648.62 2.85 16.07 590.38</u></div>
<div><u>Mdsx FOB 3.57 3.57 3.64 3.57 17.67 649.35 2.91 16.13 592.58</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.99 18.09 664.79 3.09 16.31 599.20</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.90 18.00 661.48 3.25 16.47 605.08</u></div>
<div><u>Prescott N/A 3.33 16.55 608.02</u></div>
<div><u>Port Colborn3.73 17.83 655.23 3.32 16.54 607.65</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.25 13.85 508.89 -0.51 12.71 467.08</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2638 down 0.0090</u></div>
<div><u>Chicago wheat closed moderately higher.</u></div>
<div><u>MAR22 HI 7.60 3/4 JUL22 HI 7.59</u></div>
<div><u> LOW 7.35 1/2 LOW 7.36 3/4</u></div>
<div><u> CLOSE 7.58 1/2 Up 12 1/2 CLOSE 7.57 Up 8 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed narrowly mixed.</u></div>
<div><u>MAR22 HI 9.27 3/4 SEP22 HI 8.83 3/4</u></div>
<div><u> LOW 9.05 3/4 LOW 8.64 1/2</u></div>
<div><u> CLOSE 9.23 1/4 Down 1/2 CLOSE 8.79 1/2 Up 2</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 1.25 N/A N/A N/A 1.65 N/A</u></div>
<div><u>London 0.97 1.35 0.91 N/A 1.55 1.55 1.42 N/A</u></div>
<div><u>Hensall 1.25 N/A 1.25 N/A 2.25 N/A 1.65 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.65 N/A</u></div>
<div><u>Bruce 1.20 1.45 1.20 N/A 2.20 1.85 1.65 1.50</u></div>
<div><u>Essex N/A N/A 1.05 N/A N/A N/A 1.45 N/A</u></div>
<div><u>Norwich 1.25 N/A 1.25 N/A 2.25 N/A 1.65 N/A</u></div>
<div><u>Port Hope N/A N/A 1.25 N/A N/A N/A 1.65 N/A</u></div>
<div><u>Kent Bridge 1.25 N/A 1.25 N/A 2.25 N/A 1.65 N/A</u></div>
<div><u>Chatham N/A N/A 1.05 N/A N/A N/A 1.45 N/A</u></div>
<div><u>Brigden N/A N/A 1.05 N/A N/A N/A 1.45 N/A</u></div>
<div><u>Palmerston N/A N/A 0.93 1.55 N/A N/A 1.46 1.38</u></div>
<div><u>Varna 1.50 2.00 1.25 N/A 2.30 1.85 1.65 N/A</u></div>
<div><u>Mitchell 1.25 1.85 1.25 N/A 2.25 1.85 1.65 N/A</u></div>
<div><u>Thornton 0.97 1.35 0.91 1.67 1.55 1.55 1.42 N/A</u></div>
<div><u>North Gower N/A 1.05 1.45 1.17 N/A N/A 1.77 N/A</u></div>
<div><u>W O Feed 1.94</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.49 N/A N/A N/A 1.75 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 2.38 N/A N/A N/A 2.13 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 7.44US 9.40CA 7.52US 9.51CA</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 628.33</u></div>
<span><u>DDG's FOB Srn & Aylm 295.00 - 300.00</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><u><br>
</u></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: 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>
<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:10.0pt;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> </o:p></p>
<br>
</span></div>
</body>
</html>