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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, February 8</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2711 up 0.0047</u></div>
<div><u>Chicago corn closed mixed.</u></div>
<div><u><br>
</u></div>
<div><u> MAR22 HI 6.36 3/4 DEC22 HI 5.82</u></div>
<div><u> LOW 6.27 1/4 LOW 5.76 3/4</u></div>
<div><u> CLOSE6.32 1/4 Down 3 CLOSE 5.82 Up 1</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 +MAY22+MAY22+JUL22</u></div>
<div><u>CK Low 1.25 7.57 298.12 1.10 6.92 272.43</u></div>
<div><u>CK High 1.30 7.62 300.08 1.10 6.92 272.43</u></div>
<div><u>CK Avg 1.29 -0.34 7.61 299.52 1.10 -0.38 6.92 272.43</u></div>
<div><u>Essex Cty 1.30 7.62 300.08 1.10 6.92 272.43</u></div>
<div><u>Mdsx Low 1.25 7.57 298.12 1.10 6.92 272.43</u></div>
<div><u>Mdsx High 1.30 7.62 300.08 1.10 6.92 272.43</u></div>
<div><u>Mdsx Avg 1.28 -0.34 7.61 299.43 1.10 -0.38 6.92 272.43</u></div>
<div><u>Hensall 1.32 7.64 300.74 1.12 6.94 273.08</u></div>
<div><u>Bruce 1.30 7.62 300.08 1.10 6.92 272.43</u></div>
<div><u>Putnam 1.30 7.62 300.08 1.10 6.92 272.43</u></div>
<div><u>Burford 1.25 7.57 298.12 1.10 6.92 272.43</u></div>
<div><u>Port Perry 1.20 7.52 296.15 1.10 6.92 272.43</u></div>
<div><u>Norfolk 1.30 7.62 300.08 1.10 6.92 272.43</u></div>
<div><u>Palmerston 1.26 7.58 298.51 1.13 6.95 273.61</u></div>
<div><u>Varna 1.30 7.62 300.08 1.10 6.92 272.43</u></div>
<div><u>Belmore 1.30 7.62 300.08 1.10 6.92 272.43</u></div>
<div><u>Trenton 1.30 7.62 300.08 1.10 6.92 272.43</u></div>
<div><u>Winchester 1.55 7.87 309.93 1.40 7.22 284.24</u></div>
<div><u>North Gower 1.50 7.82 307.96 1.40 7.22 284.24</u></div>
<div><u>Vankleek Hil 1.59 7.91 311.50 1.44 7.26 285.81</u></div>
<div><u>Huron FOB 1.39 1.43 1.47 1.56 7.71 303.63N/A</u></div>
<div><u>Kent FOB 1.45 7.77 305.99 1.20 7.02 276.37</u></div>
<div><u>Lamb FOB 1.45 7.77 305.99 1.30 7.12 280.30</u></div>
<div><u>Mdsx FOB 1.40 1.50 1.60N/A 7.72 304.02 1.25 7.07 278.33</u></div>
<div><u>FOB SW Que 2.25 8.57 337.48N/A</u></div>
<div><u>Track 1.78 8.10 318.98N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.54 7.36 289.75</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.67 7.49 294.87</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 N/A N/A N/A</u></div>
<div><u>London-Ing N/A N/A N/A N/A 1.55 7.37 290.14</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 1.75 7.57 298.02</u></div>
<div><u>W O Feed 1.88 8.20 323.00</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.90 8.22 323.71</u></div>
<div><u>Toledo El. -0.19 6.13 241.40 -0.32 5.50 216.61</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.15 6.97 274.40</u></div>
<div><u>Prescott 2.09 8.41 331.19 1.83 7.65 301.17</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.30 7.62 1/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2711 up 0.0047</u></div>
<div><u>Chicago soybeans closed mixed.</u></div>
<div><u><br>
</u></div>
<div><u> MAR22 HI 15.86 1/2 NOV22 HI 14.19</u></div>
<div><u> LOW 15.59 LOW 14.03 1/4</u></div>
<div><u> CLOSE15.69 Down 12 3/4 CLOSE 14.13 Down 3</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+MAY22+MAY22</u></div>
<div><u>CK Low 3.80 19.49 716.13 3.05 17.18 631.26</u></div>
<div><u>CK High 3.90 19.59 719.81 3.20 17.33 636.77</u></div>
<div><u>CK Average 3.84 -0.33 19.53 717.45 3.10 -0.57 17.23 633.25</u></div>
<div><u>Essex Cty 3.85 19.54 717.97 3.05 17.18 631.26</u></div>
<div><u>Mdsx Low 3.79 19.48 715.77 3.07 17.20 631.99</u></div>
<div><u>Mdsx High 3.85 19.54 717.97 3.10 17.23 633.09</u></div>
<div><u>Mdsx Average3.81 -0.35 19.50 716.62 3.09 -0.58 17.22 632.73</u></div>
<div><u>Hensall 3.83 19.52 717.36 3.10 17.23 633.09</u></div>
<div><u>Bruce 3.80 19.49 716.13 3.10 17.23 633.09</u></div>
<div><u>Putnam 3.80 19.49 716.13 3.10 17.23 633.09</u></div>
<div><u>Burford 3.86 19.55 718.34 3.14 17.27 634.56</u></div>
<div><u>Port Perry 3.75 19.44 714.30 3.03 17.16 630.52</u></div>
<div><u>Norfolk 3.85 19.54 717.97 3.10 17.23 633.09</u></div>
<div><u>Palmerston 3.78 19.47 715.40 3.05 17.18 631.26</u></div>
<div><u>Varna 3.80 19.49 716.13 3.05 17.18 631.26</u></div>
<div><u>Trenton 3.80 19.49 716.13 3.15 17.28 634.93</u></div>
<div><u>Winchester 3.85 19.54 717.97 3.12 17.25 633.83</u></div>
<div><u>North Gower 3.60 19.29 708.79 3.20 17.33 636.77</u></div>
<div><u>Vankleek Hil4.38 20.07 737.45 3.37 17.50 643.01</u></div>
<div><u>Huron FOB 3.85 3.89 4.09 4.16 19.54 717.97 N/A</u></div>
<div><u>Kent FOB 4.10 19.79 727.16 3.10 17.23 633.09</u></div>
<div><u>Lambton FOB 3.95 19.64 721.65 3.30 17.43 640.44</u></div>
<div><u>Mdsx FOB 3.85 4.04 4.11 N/A 19.54 717.97 3.34 17.47 641.91</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 4.42 20.11 738.92 3.41 17.54 644.48</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 4.25 19.94 732.67 3.55 17.68 649.63</u></div>
<div><u>Prescott N/A 3.63 17.76 652.57</u></div>
<div><u>Port Colborn4.20 19.89 730.83 3.75 17.88 656.98</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.25 15.44 567.17 -0.51 13.62 500.51</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2711 up 0.0047</u></div>
<div><u>Chicago wheat closed slightly to moderately higher.</u></div>
<div><u>MAR22 HI 7.82 JUL22 HI 7.80 1/4</u></div>
<div><u> LOW 7.54 LOW 7.56 1/4</u></div>
<div><u> CLOSE 7.78 3/4 Up 10 CLOSE 7.77 Up 6 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately higher to higher.</u></div>
<div><u>MAR22 HI 9.41 3/4 SEP22 HI 9.05 1/2</u></div>
<div><u> LOW 9.09 1/2 LOW 8.81 1/4</u></div>
<div><u> CLOSE 9.40 1/2 Up 19 1/4 CLOSE 9.02 3/4 Up 10 1/2</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 1.55 N/A</u></div>
<div><u>London 1.30 1.55 1.17 N/A 2.06 1.81 1.49 N/A</u></div>
<div><u>Hensall 1.25 N/A 1.25 N/A 2.35 N/A 1.55 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.55 N/A</u></div>
<div><u>Bruce 1.25 1.75 1.25 N/A 2.25 1.75 1.55 1.50</u></div>
<div><u>Essex N/A N/A 1.15 N/A N/A N/A 1.55 N/A</u></div>
<div><u>Norwich 1.25 N/A 1.25 N/A 2.35 N/A 1.55 N/A</u></div>
<div><u>Port Hope N/A N/A 1.25 N/A N/A N/A 1.55 N/A</u></div>
<div><u>Kent Bridge 1.25 N/A 1.25 N/A 2.35 N/A 1.55 N/A</u></div>
<div><u>Chatham N/A N/A 1.15 N/A N/A N/A 1.55 N/A</u></div>
<div><u>Brigden N/A N/A 1.15 N/A N/A N/A 1.55 N/A</u></div>
<div><u>Palmerston N/A 2.10 1.28 1.90 N/A N/A 1.61 1.67</u></div>
<div><u>Varna 1.55 2.05 1.30 N/A 2.25 1.75 1.55 N/A</u></div>
<div><u>Mitchell 1.25 1.90 1.25 N/A 2.35 1.75 1.55 N/A</u></div>
<div><u>Thornton 1.30 1.55 1.17 1.77 2.06 1.81 1.49 N/A</u></div>
<div><u>North Gower N/A 1.00 1.35 1.12 N/A N/A 1.61 N/A</u></div>
<div><u>W O Feed 2.05</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.64 N/A N/A N/A 2.07 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 2.49 N/A N/A N/A 2.23 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 7.64US 9.71CA 7.72US 9.81CA</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 685.76</u></div>
<u><span>DDG's FOB Srn & Aylm 315.00 - 335.00</span><br>
</u></div>
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<u><span><br>
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<u><span><br>
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<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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