FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, January 20 (All Bases in CAD) Exchange rate was 1.2477 down 0.0021 Chicago corn closed narrowly mixed. MAR22 HI 6.14 1/4 DEC22 HI 5.66 1/4 LOW 6.06 1/4 LOW 5.60 1/4 CLOSE6.11 Up 1/2 CLOSE 5.62 1/4 Down 2 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR22+MAY22+MAY22 CK Low 1.25 7.36 289.75 1.00 6.62 260.72 CK High 1.30 7.41 291.72 1.05 6.67 262.68 CK Avg 1.26 -0.21 7.37 290.03 1.03 -0.29 6.65 261.84 Essex Cty 1.25 7.36 289.75 1.00 6.62 260.72 Mdsx Low 1.25 7.36 289.75 1.00 6.62 260.72 Mdsx High 1.25 7.36 289.75 1.05 6.67 262.68 Mdsx Avg 1.25 -0.21 7.36 289.75 1.02 -0.30 6.64 261.37 Hensall 1.27 7.38 290.41 1.07 6.69 263.34 Bruce 1.20 7.31 287.78 1.05 6.67 262.68 Putnam 1.25 7.36 289.75 1.05 6.67 262.68 Burford 1.25 7.36 289.75 1.00 6.62 260.72 Port Perry 1.25 7.36 289.75 1.10 6.72 264.65 Norfolk 1.25 7.36 289.75 1.00 6.62 260.72 Palmerston 1.25 7.36 289.75 1.03 6.65 261.90 Varna 1.25 7.36 289.75 1.05 6.67 262.68 Belmore 1.25 7.36 289.75 1.05 6.67 262.68 Trenton 1.35 7.46 293.69 1.10 6.72 264.65 Winchester 1.45 7.56 297.62 1.25 6.87 270.56 North Gower 1.40 7.51 295.66 1.20 6.82 268.59 Vankleek Hil 1.38 7.49 294.87 1.28 6.90 271.74 Huron FOB 1.33 1.37 1.42 1.48 7.44 292.90N/A Kent FOB 1.40 7.51 295.66 1.10 6.72 264.65 Lamb FOB 1.40 7.51 295.66 1.15 6.77 266.62 Mdsx FOB N/A N/A N/A 1.45 1.10 6.72 264.65 FOB SW Que 2.17 8.28 325.97N/A Track 1.69 7.80 307.07N/A PROCESSORS Chat-Eth N/A N/A N/A N/A 1.28 6.90 271.74 Jhnstwn-Eth N/A N/A N/A N/A 1.66 7.28 286.70 Aylmer-Eth N/A N/A N/A N/A N/A Sarn-Eth N/A N/A N/A N/A N/A London-Ing N/A N/A N/A N/A 1.40 7.02 276.46 Cardnl-Ing N/A N/A N/A N/A 1.60 7.22 284.34 W O Feed 1.75 7.86 309.36 US Rep 1.82 7.93 312.19 Toledo El. -0.26 5.85 230.23 -0.31 5.31 209.08 TRANSFER Pt. Colb N/A 1.15 6.77 266.62 Prescott 1.82 7.93 312.19 1.59 7.21 283.94 HI SD CRN 1.30 7.41 *Wet Bid Exchange rate was 1.2477 down 0.0021 Chicago soybeans closed slightly higher to higher. MAR22 HI 14.29 1/2 NOV22 HI 13.25 LOW 13.87 1/2 LOW 12.99 1/2 CLOSE14.25 3/4 Up 34 1/2 CLOSE 13.20 1/4 Up 15 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR22+MAR22+MAY22 CK Low 3.00 17.26 634.10 2.50 15.70 576.97 CK High 3.10 17.36 637.78 2.60 15.80 580.64 CK Average 3.05 -0.39 17.31 635.89 2.54 -0.57 15.75 578.54 Essex Cty 3.05 17.31 635.94 2.55 15.75 578.81 Mdsx Low 3.00 17.26 634.10 2.50 15.70 576.97 Mdsx High 3.08 17.34 637.04 2.55 15.75 578.81 Mdsx Average3.04 -0.39 17.30 635.70 2.53 -0.58 15.73 578.07 Hensall 3.00 17.26 634.10 2.50 15.70 576.97 Bruce 3.00 17.26 634.10 2.50 15.70 576.97 Putnam 3.00 17.26 634.10 2.50 15.70 576.97 Burford 3.15 17.41 639.62 2.61 15.81 581.01 Port Perry 3.04 17.30 635.57 2.50 15.70 576.97 Norfolk 3.05 17.31 635.94 2.55 15.75 578.81 Palmerston 3.00 17.26 634.10 2.47 15.67 575.87 Varna 3.05 17.31 635.94 2.50 15.70 576.97 Trenton 3.00 17.26 634.10 2.55 15.75 578.81 Winchester 3.09 17.35 637.41 2.61 15.81 581.01 North Gower 3.10 17.36 637.78 2.80 16.00 587.99 Vankleek Hil N/A 2.76 15.96 586.52 Huron FOB 3.18 3.31 3.35 3.41 17.44 640.72 N/A Kent FOB 3.25 17.51 643.29 2.55 15.75 578.81 Lambton FOB 3.25 17.51 643.29 2.65 15.85 582.48 Mdsx FOB 3.33 3.33 3.39 3.32 17.59 646.23 2.66 15.86 582.85 PROCESSORS Windsor 3.75 18.01 661.66 2.86 16.06 590.20 TRANSFER Hamilton 3.50 17.76 652.48 2.95 16.15 593.50 Prescott N/A 3.11 16.31 599.38 Port Colborn3.49 17.75 652.11 3.07 16.27 597.91 Toledo El. -0.25 14.01 514.70 -0.50 12.70 466.79 Exchange rate was 1.2477 down 0.0021 Chicago wheat closed slightly lower. MAR22 HI 8.02 3/4 JUL22 HI 7.93 LOW 7.83 3/4 LOW 7.76 3/4 CLOSE 7.90 1/4 Down 6 1/4 CLOSE 7.81 1/4 Down 6 Minni wheat closed slightly higher. MAR22 HI 9.51 1/4 SEP22 HI 9.04 1/4 LOW 9.33 3/4 LOW 8.88 CLOSE 9.44 3/4 Up 5 CLOSE 9.01 1/2 Up 4 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 1.10 N/A N/A N/A 1.35 N/A London 1.20 1.45 1.01 N/A 1.75 1.68 1.43 N/A Hensall 1.10 N/A 1.10 N/A 2.20 N/A 1.35 N/A Trenton N/A N/A N/A N/A N/A N/A 1.40 N/A Bruce 1.00 1.45 1.00 N/A 2.10 1.60 1.35 1.50 Essex N/A N/A 1.00 N/A N/A N/A 1.30 N/A Norwich 1.10 N/A 1.10 N/A 2.20 N/A 1.35 N/A Port Hope N/A N/A 1.15 N/A N/A N/A 1.40 N/A Kent Bridge 1.10 N/A 1.10 N/A 2.20 N/A 1.35 N/A Chatham N/A N/A 1.00 N/A N/A N/A 1.30 N/A Brigden N/A N/A 1.00 N/A N/A N/A 1.30 N/A Palmerston N/A 1.94 1.13 1.69 N/A N/A 1.49 1.48 Varna 1.35 1.85 1.10 N/A 2.00 1.55 1.35 N/A Mitchell 1.10 1.70 1.10 N/A 2.20 1.65 1.35 N/A Thornton 1.20 1.45 1.01 1.73 1.75 1.68 1.50 N/A North Gower N/A 0.90 1.30 1.07 N/A N/A 1.40 N/A W O Feed 1.91 TERMINAL Port Colbor N/A N/A 1.71 N/A N/A N/A 1.82 N/A PROCESSORS Toledo FM N/A N/A 2.33 N/A N/A N/A 2.05 N/A Toledo El. 7.75US 9.67CA 7.76US 9.68CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 598.34 DDG's FOB Srn & Aylm 300.00 - 310.00