FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, February 2 (All Bases in CAD) Exchange rate was 1.2669 down 0.0021 Chicago corn closed slightly to moderately lower. MAR22 HI 6.40 3/4 DEC22 HI 5.80 1/4 LOW 6.16 3/4 LOW 5.69 1/4 CLOSE6.22 1/2 Down 12 1/4 CLOSE 5.73 Down 4 3/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAY22+MAY22+JUL22 CK Low 1.25 7.48 294.28 1.05 6.78 266.92 CK High 1.30 7.53 296.25 1.10 6.83 268.89 CK Avg 1.29 -0.30 7.51 295.68 1.09 -0.35 6.82 268.60 Essex Cty 1.30 7.53 296.25 1.10 6.83 268.89 Mdsx Low 1.25 7.48 294.28 1.10 6.83 268.89 Mdsx High 1.30 7.53 296.25 1.10 6.83 268.89 Mdsx Avg 1.27 -0.31 7.49 294.93 1.10 -0.34 6.83 268.89 Hensall 1.28 7.51 295.59 1.12 6.85 269.54 Bruce 1.30 7.53 296.25 1.10 6.83 268.89 Putnam 1.30 7.53 296.25 1.10 6.83 268.89 Burford 1.25 7.48 294.28 1.10 6.83 268.89 Port Perry 1.20 7.43 292.31 1.10 6.83 268.89 Norfolk 1.30 7.53 296.25 1.10 6.83 268.89 Palmerston 1.16 7.39 290.73 1.03 6.76 266.13 Varna 1.25 7.48 294.28 1.10 6.83 268.89 Belmore 1.30 7.53 296.25 1.10 6.83 268.89 Trenton 1.30 7.53 296.25 1.10 6.83 268.89 Winchester 1.55 7.78 306.09 1.40 7.13 280.70 North Gower 1.45 7.68 302.15 1.40 7.13 280.70 Vankleek Hil 1.57 7.80 306.88 1.43 7.16 281.88 Huron FOB 1.29 1.36 1.40 1.50 7.52 295.85N/A Kent FOB 1.45 7.68 302.15 1.20 6.93 272.82 Lamb FOB 1.45 7.68 302.15 1.25 6.98 274.79 Mdsx FOB N/A N/A 1.55N/A 1.25 6.98 274.79 FOB SW Que 2.17 8.40 330.50N/A Track 1.82 8.05 316.72N/A PROCESSORS Chat-Eth N/A N/A N/A N/A 1.50 7.23 284.63 Jhnstwn-Eth N/A N/A N/A N/A 1.63 7.36 289.75 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 1.45 7.18 282.66 Cardnl-Ing N/A N/A N/A N/A 1.75 7.48 294.47 W O Feed 1.87 8.10 318.84 US Rep 1.85 8.08 317.90 Toledo El. -0.19 6.03 237.59 -0.32 5.41 213.10 TRANSFER Pt. Colb N/A 1.15 6.88 270.85 Prescott 2.07 8.30 326.56 1.81 7.54 296.84 HI SD CRN 1.30 7.52 1/2 *Wet Bid Exchange rate was 1.2669 down 0.0021 Chicago soybeans closed mixed. MAR22 HI 15.64 NOV22 HI 13.99 LOW 15.26 LOW 13.76 1/4 CLOSE15.45 1/4 Up 16 3/4 CLOSE 13.89 3/4 Up 7 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR22+MAY22+MAY22 CK Low 3.60 19.05 700.06 2.95 16.85 619.04 CK High 3.75 19.20 705.57 3.05 16.95 622.71 CK Average 3.65 -0.38 19.10 701.79 3.00 -0.57 16.90 620.88 Essex Cty 3.65 19.10 701.90 2.95 16.85 619.04 Mdsx Low 3.60 19.05 700.06 2.99 16.89 620.51 Mdsx High 3.65 19.10 701.90 3.00 16.90 620.88 Mdsx Average3.62 -0.40 19.08 700.92 3.00 -0.58 16.89 620.75 Hensall 3.63 19.09 701.28 3.00 16.90 620.88 Bruce 3.60 19.05 700.06 3.00 16.90 620.88 Putnam 3.60 19.05 700.06 3.00 16.90 620.88 Burford 3.69 19.14 703.37 3.06 16.96 623.08 Port Perry 3.58 19.03 699.32 2.95 16.85 619.04 Norfolk 3.65 19.10 701.90 3.00 16.90 620.88 Palmerston 3.62 19.07 700.79 2.98 16.88 620.14 Varna 3.65 19.10 701.90 3.00 16.90 620.88 Trenton 3.65 19.10 701.90 3.00 16.90 620.88 Winchester 3.72 19.17 704.47 3.10 17.00 624.55 North Gower 3.50 18.95 696.39 3.10 17.00 624.55 Vankleek Hil4.27 19.72 724.68 3.30 17.20 631.90 Huron FOB 3.88 4.01 4.02 4.09 19.33 710.35 N/A Kent FOB 3.85 19.30 709.25 3.00 16.90 620.88 Lambton FOB 3.80 19.25 707.41 3.10 17.00 624.55 Mdsx FOB 3.81 3.94 4.01 N/A 19.26 707.78 3.18 17.08 627.49 PROCESSORS Windsor 4.36 19.81 727.98 3.32 17.22 632.63 TRANSFER Hamilton 4.10 19.55 718.43 3.45 17.35 637.41 Prescott N/A 3.52 17.42 639.98 Port Colborn4.16 19.61 720.64 3.59 17.49 642.56 Toledo El. -0.25 15.20 558.47 -0.51 13.39 492.01 Exchange rate was 1.2669 down 0.0021 Chicago wheat closed moderately lower. MAR22 HI 7.78 1/2 JUL22 HI 7.75 3/4 LOW 7.49 1/4 LOW 7.50 3/4 CLOSE 7.55 Down 14 CLOSE 7.55 Down 12 1/2 Minni wheat closed slightly lower. MAR22 HI 9.27 SEP22 HI 8.90 1/2 LOW 9.02 3/4 LOW 8.70 CLOSE 9.08 Down 7 CLOSE 8.76 3/4 Down 3 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 1.25 N/A N/A N/A 1.55 N/A London 1.30 1.55 1.17 N/A 2.05 1.80 1.48 N/A Hensall 1.25 N/A 1.25 N/A 2.35 N/A 1.55 N/A Trenton N/A N/A N/A N/A N/A N/A 1.55 N/A Bruce 1.25 1.75 1.25 N/A 2.25 1.75 1.55 1.50 Essex N/A N/A 1.15 N/A N/A N/A 1.50 N/A Norwich 1.25 N/A 1.25 N/A 2.35 N/A 1.55 N/A Port Hope N/A N/A 1.25 N/A N/A N/A 1.55 N/A Kent Bridge 1.25 N/A 1.25 N/A 2.35 N/A 1.55 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 2.02 1.19 1.80 N/A N/A 1.53 1.59 Varna 1.50 2.00 1.25 N/A 2.25 1.75 1.55 N/A Mitchell 1.25 1.90 1.25 N/A 2.35 1.75 1.55 N/A Thornton 1.30 1.55 1.17 1.86 2.05 1.80 1.48 N/A North Gower N/A 1.00 1.35 1.12 N/A N/A 1.61 N/A W O Feed 1.96 TERMINAL Port Colbor N/A N/A 1.61 N/A N/A N/A 2.07 N/A PROCESSORS Toledo FM N/A N/A 2.40 N/A N/A N/A 2.15 N/A Toledo El. 7.40US 9.38CA 7.50US 9.51CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 644.97 DDG's FOB Srn & Aylm 315.00