FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, January 26 (All Bases in CAD) Exchange rate was 1.2612 up 0.0007 Chicago corn closed slightly to moderately higher. MAR22 HI 6.27 3/4 DEC22 HI 5.73 1/2 LOW 6.15 LOW 5.65 1/2 CLOSE6.27 Up 7 CLOSE 5.72 3/4 Up 3 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 1.20 7.47 294.08 1.05 6.78 266.82 CK High 1.25 7.52 296.05 1.05 6.78 266.82 CK Avg 1.24 -0.31 7.51 295.77 1.05 -0.36 6.78 266.82 Essex Cty 1.25 7.52 296.05 1.05 6.78 266.82 Mdsx Low 1.20 7.47 294.08 1.05 6.78 266.82 Mdsx High 1.25 7.52 296.05 1.05 6.78 266.82 Mdsx Avg 1.23 -0.32 7.50 295.39 1.05 -0.36 6.78 266.82 Hensall 1.27 7.54 296.71 1.07 6.79 267.47 Bruce 1.25 7.52 296.05 1.05 6.78 266.82 Putnam 1.25 7.52 296.05 1.05 6.78 266.82 Burford 1.20 7.47 294.08 1.05 6.78 266.82 Port Perry 1.20 7.47 294.08 1.10 6.83 268.79 Norfolk 1.25 7.52 296.05 1.05 6.78 266.82 Palmerston 1.24 7.51 295.66 1.06 6.79 267.21 Varna 1.25 7.52 296.05 1.05 6.78 266.82 Belmore 1.25 7.52 296.05 1.05 6.78 266.82 Trenton 1.30 7.57 298.02 1.10 6.83 268.79 Winchester 1.50 7.77 305.89 1.30 7.03 276.66 North Gower 1.45 7.72 303.92 1.25 6.98 274.69 Vankleek Hil 1.47 7.74 304.71 1.34 7.07 278.24 Huron FOB 1.35 1.35 1.41 1.46 7.62 299.99N/A Kent FOB 1.40 7.67 301.95 1.15 6.88 270.76 Lamb FOB 1.35 7.62 299.99 1.20 6.93 272.72 Mdsx FOB N/A N/A N/A 1.55 1.15 6.88 270.76 FOB SW Que 2.20 8.47 333.45N/A Track 1.81 8.08 318.10N/A PROCESSORS Chat-Eth N/A N/A N/A N/A 1.42 7.15 281.38 Jhnstwn-Eth N/A N/A N/A N/A 1.73 7.46 293.59 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 7.13 280.60 Cardnl-Ing N/A N/A N/A N/A 1.65 7.38 290.44 W O Feed 1.87 8.14 320.54 US Rep 1.82 8.09 318.49 Toledo El. -0.26 6.01 236.41 -0.32 5.41 213.07 TRANSFER Pt. Colb N/A 1.15 6.88 270.76 Prescott 1.85 8.12 319.67 1.66 7.39 290.83 HI SD CRN 1.25 7.52 *Wet Bid Exchange rate was 1.2612 up 0.0007 Chicago soybeans closed slightly to moderately higher. MAR22 HI 14.43 3/4 NOV22 HI 13.38 1/4 LOW 13.93 3/4 LOW 13.08 3/4 CLOSE14.40 Up 32 3/4 CLOSE 13.34 Up 15 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR22+MAR22+MAY22 CK Low 3.20 17.60 646.69 2.70 16.04 589.37 CK High 3.30 17.70 650.36 2.80 16.14 593.04 CK Average 3.24 -0.42 17.64 648.05 2.73 -0.61 16.07 590.31 Essex Cty 3.20 17.60 646.69 2.70 16.04 589.37 Mdsx Low 3.20 17.60 646.69 2.72 16.06 590.10 Mdsx High 3.25 17.65 648.53 2.75 16.09 591.21 Mdsx Average3.22 -0.43 17.62 647.30 2.74 -0.59 16.08 590.84 Hensall 3.25 17.65 648.53 2.73 16.07 590.59 Bruce 3.30 17.70 650.36 2.75 16.09 591.21 Putnam 3.25 17.65 648.53 2.70 16.04 589.37 Burford 3.27 17.67 649.26 2.79 16.13 592.68 Port Perry 3.16 17.56 645.22 2.68 16.02 588.63 Norfolk 3.20 17.60 646.69 2.75 16.09 591.21 Palmerston 3.20 17.60 646.69 2.65 15.99 587.53 Varna 3.25 17.65 648.53 2.75 16.09 591.21 Trenton 3.25 17.65 648.53 2.75 16.09 591.21 Winchester 3.29 17.69 650.00 2.80 16.14 593.04 North Gower 3.20 17.60 646.69 2.85 16.19 594.88 Vankleek Hil3.80 18.20 668.74 3.00 16.34 600.39 Huron FOB 3.37 3.50 3.53 3.61 17.77 652.94 N/A Kent FOB 3.40 17.80 654.04 2.75 16.09 591.21 Lambton FOB 3.40 17.80 654.04 2.85 16.19 594.88 Mdsx FOB 3.51 3.51 3.58 3.51 17.91 658.08 2.95 16.29 598.56 PROCESSORS Windsor 3.97 18.37 674.98 3.06 16.40 602.60 TRANSFER Hamilton 3.65 18.05 663.22 3.20 16.54 607.74 Prescott N/A 3.30 16.64 611.42 Port Colborn3.67 18.07 663.96 3.30 16.64 611.42 Toledo El. -0.25 14.15 519.84 -0.50 12.84 471.62 Exchange rate was 1.2612 up 0.0007 Chicago wheat closed moderately lower to lower. MAR22 HI 8.17 1/2 JUL22 HI 8.07 LOW 7.87 LOW 7.82 1/2 CLOSE 7.95 Down 23 CLOSE 7.90 3/4 Down 17 Minni wheat closed lower to sharply lower. MAR22 HI 9.47 1/4 SEP22 HI 9.07 1/4 LOW 9.13 1/2 LOW 8.88 1/2 CLOSE 9.16 1/4 Down 31 CLOSE 8.93 1/2 Down 22 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 1.20 N/A N/A N/A 1.50 N/A London 1.30 1.55 1.11 N/A 1.85 1.79 1.54 N/A Hensall 1.20 N/A 1.20 N/A 2.30 N/A 1.50 N/A Trenton N/A N/A N/A N/A N/A N/A 1.40 N/A Bruce 1.10 1.70 1.10 N/A 2.20 1.70 1.50 1.50 Essex N/A N/A 1.15 N/A N/A N/A 1.50 N/A Norwich 1.20 N/A 1.20 N/A 2.30 N/A 1.50 N/A Port Hope N/A N/A 1.20 N/A N/A N/A 1.50 N/A Kent Bridge 1.20 N/A 1.20 N/A 2.30 N/A 1.50 N/A Chatham N/A N/A 1.15 N/A N/A N/A 1.50 N/A Brigden N/A N/A 1.15 N/A N/A N/A 1.50 N/A Palmerston N/A 2.06 1.23 1.75 N/A N/A 1.54 1.57 Varna 1.45 1.95 1.20 N/A 2.20 1.70 1.50 N/A Mitchell 1.20 1.80 1.20 N/A 2.30 1.70 1.50 N/A Thornton 1.30 1.55 1.11 2.17 1.85 1.79 1.60 N/A North Gower N/A 1.05 1.40 1.12 N/A N/A 1.45 N/A W O Feed 2.03 TERMINAL Port Colbor N/A N/A 1.82 N/A N/A N/A 1.93 N/A PROCESSORS Toledo FM N/A N/A 2.45 N/A N/A N/A 2.19 N/A Toledo El. 7.80US 9.84CA 7.86US 9.91CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 601.32 DDG's FOB Srn & Aylm 315.00