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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, January 11</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2583 down 0.0102</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR22 HI 6.04 3/4 DEC22 HI 5.58 3/4</u></div>
<div><u> LOW 5.98 LOW 5.55 1/4</u></div>
<div><u> CLOSE6.01 Up 1 1/4 CLOSE 5.57 1/2 Up 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 7.36 289.75 1.10 6.68 262.78</u></div>
<div><u>CK High 1.40 7.41 291.72 1.10 6.68 262.78</u></div>
<div><u>CK Avg 1.36 -0.16 7.37 290.03 1.10 -0.27 6.68 262.78</u></div>
<div><u>Essex Cty 1.35 7.36 289.75 1.10 6.68 262.78</u></div>
<div><u>Mdsx Low 1.35 7.36 289.75 1.10 6.68 262.78</u></div>
<div><u>Mdsx High 1.40 7.41 291.72 1.10 6.68 262.78</u></div>
<div><u>Mdsx Avg 1.37 -0.15 7.38 290.41 1.10 -0.27 6.68 262.78</u></div>
<div><u>Hensall 1.37 7.38 290.41 1.12 6.69 263.44</u></div>
<div><u>Bruce 1.35 7.36 289.75 1.10 6.68 262.78</u></div>
<div><u>Putnam 1.35 7.36 289.75 1.10 6.68 262.78</u></div>
<div><u>Burford 1.35 7.36 289.75 1.10 6.68 262.78</u></div>
<div><u>Port Perry 1.35 7.36 289.75 1.10 6.68 262.78</u></div>
<div><u>Norfolk 1.35 7.36 289.75 1.10 6.68 262.78</u></div>
<div><u>Palmerston 1.29 7.30 287.39 1.01 6.59 259.24</u></div>
<div><u>Varna 1.35 7.36 289.75 1.10 6.68 262.78</u></div>
<div><u>Belmore 1.35 7.36 289.75 1.10 6.68 262.78</u></div>
<div><u>Trenton 1.40 7.41 291.72 1.15 6.73 264.75</u></div>
<div><u>Winchester 1.45 7.46 293.69 1.10 6.68 262.78</u></div>
<div><u>North Gower 1.45 7.46 293.69 1.30 6.88 270.66</u></div>
<div><u>Vankleek Hil 1.48 7.49 294.87 1.35 6.93 272.63</u></div>
<div><u>Huron FOB 1.37 1.47 1.52 1.60 7.38 290.54N/A</u></div>
<div><u>Kent FOB 1.51 7.52 296.05 1.20 6.78 266.72</u></div>
<div><u>Lamb FOB 1.55 7.56 297.62 1.15 6.73 264.75</u></div>
<div><u>Mdsx FOB N/A N/A N/A N/A 1.20 6.78 266.72</u></div>
<div><u>FOB SW Que 2.39 8.40 330.69N/A</u></div>
<div><u>Track 1.77 7.78 306.09N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A</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 7.03 276.56</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 1.65 7.23 284.44</u></div>
<div><u>W O Feed 1.80 7.81 307.62</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.86 7.87 309.83</u></div>
<div><u>Toledo El. -0.26 5.75 226.20 -0.31 5.26 207.09</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.50 7.51 295.66 1.25 6.83 268.69</u></div>
<div><u>Prescott 2.05 8.06 317.31 1.66 7.24 284.83</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.40 7.41</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2583 down 0.0102</u></div>
<div><u>Chicago soybeans closed narrowly mixed.</u></div>
<div><u><br>
</u></div>
<div><u> MAR22 HI 13.95 NOV22 HI 13.06</u></div>
<div><u> LOW 13.72 1/2 LOW 12.85 3/4</u></div>
<div><u> CLOSE13.86 1/2 Up 1 3/4 CLOSE 13.00 Down 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 +MAR22+MAR22+MAY22</u></div>
<div><u>CK Low 3.26 17.13 629.24 2.71 15.71 577.24</u></div>
<div><u>CK High 3.30 17.17 630.71 2.80 15.80 580.55</u></div>
<div><u>CK Average 3.29 -0.23 17.16 630.50 2.77 -0.47 15.77 579.55</u></div>
<div><u>Essex Cty 3.30 17.17 630.71 2.80 15.80 580.55</u></div>
<div><u>Mdsx Low 3.25 17.12 628.87 2.70 15.70 576.88</u></div>
<div><u>Mdsx High 3.35 17.22 632.54 2.80 15.80 580.55</u></div>
<div><u>Mdsx Average3.30 -0.22 17.17 630.71 2.77 -0.47 15.77 579.33</u></div>
<div><u>Hensall 3.30 17.17 630.71 2.75 15.75 578.71</u></div>
<div><u>Bruce 3.30 17.17 630.71 2.70 15.70 576.88</u></div>
<div><u>Putnam 3.30 17.17 630.71 2.75 15.75 578.71</u></div>
<div><u>Burford 3.32 17.19 631.44 2.77 15.77 579.45</u></div>
<div><u>Port Perry 3.21 17.08 627.40 2.66 15.66 575.41</u></div>
<div><u>Norfolk 3.30 17.17 630.71 2.80 15.80 580.55</u></div>
<div><u>Palmerston 3.19 17.06 626.66 2.68 15.68 576.14</u></div>
<div><u>Varna 3.30 17.17 630.71 2.75 15.75 578.71</u></div>
<div><u>Trenton 3.30 17.17 630.71 2.75 15.75 578.71</u></div>
<div><u>Winchester 3.27 17.14 629.60 2.78 15.78 579.82</u></div>
<div><u>North Gower 3.10 16.97 623.36 3.00 16.00 587.90</u></div>
<div><u>Vankleek Hil3.74 17.61 646.87 2.98 15.98 587.16</u></div>
<div><u>Huron FOB 3.39 3.51 3.51 3.62 17.26 634.01 N/A</u></div>
<div><u>Kent FOB 3.50 17.37 638.05 2.80 15.80 580.55</u></div>
<div><u>Lambton FOB 3.55 17.42 639.89 2.85 15.85 582.39</u></div>
<div><u>Mdsx FOB 3.51 3.51 3.57 3.50 17.38 638.42 2.82 15.82 581.29</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.84 17.71 650.55 2.97 15.97 586.80</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.75 17.62 647.24 3.20 16.20 595.25</u></div>
<div><u>Prescott N/A 3.34 16.34 600.39</u></div>
<div><u>Port Colborn3.66 17.53 643.93 3.23 16.23 596.35</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.25 13.61 500.20 -0.50 12.50 459.17</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2583 down 0.0102</u></div>
<div><u>Chicago wheat closed moderately higher.</u></div>
<div><u>MAR22 HI 7.70 1/2 JUL22 HI 7.69 3/4</u></div>
<div><u> LOW 7.58 1/4 LOW 7.55 1/2</u></div>
<div><u> CLOSE 7.70 1/4 Up 8 1/4 CLOSE 7.69 1/4 Up 9</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately higher.</u></div>
<div><u>MAR22 HI 9.33 1/4 SEP22 HI 8.95 3/4</u></div>
<div><u> LOW 9.13 3/4 LOW 8.76</u></div>
<div><u> CLOSE 9.28 1/4 Up 14 CLOSE 8.87 3/4 Up 11 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 1.15 N/A N/A N/A 1.55 N/A</u></div>
<div><u>London 1.26 1.51 1.07 N/A 1.82 1.76 1.50 N/A</u></div>
<div><u>Hensall 1.15 N/A 1.15 N/A 2.25 N/A 1.55 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 1.00 1.45 1.00 N/A 2.20 1.75 1.55 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 1.15 N/A 1.15 N/A 2.25 N/A 1.55 N/A</u></div>
<div><u>Port Hope N/A N/A 1.15 N/A N/A N/A 1.55 N/A</u></div>
<div><u>Kent Bridge 1.15 N/A 1.15 N/A 2.25 N/A 1.55 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 1.16 1.75 N/A N/A 1.51 1.55</u></div>
<div><u>Varna 1.45 1.95 1.20 N/A 2.20 1.75 1.55 N/A</u></div>
<div><u>Mitchell 1.15 1.75 1.15 N/A 2.25 1.75 1.55 N/A</u></div>
<div><u>Thornton 1.26 1.51 1.07 1.77 1.82 1.76 1.50 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 1.92</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.77 N/A N/A N/A 1.89 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 2.37 N/A N/A N/A 2.12 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 7.55US 9.50CA 7.64US 9.62CA</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 611.90</u></div>
<span><u>DDG's FOB Srn & Aylm 295.00 - 300.00</u></span><br>
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<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>
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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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<span style="font-size: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
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