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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, February 15</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2741 up 0.0005</u></div>
<div><u>Chicago corn closed moderately lower to lower.</u></div>
<div><u><br>
</u></div>
<div><u> MAR22 HI 6.55 1/2 DEC22 HI 5.97 1/4</u></div>
<div><u> LOW 6.35 1/2 LOW 5.86 3/4</u></div>
<div><u> CLOSE6.38 Down 17 3/4 CLOSE 5.89 3/4 Down 8 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 +MAY22+MAY22+JUL22</u></div>
<div><u>CK Low 1.25 7.63 300.38 1.10 7.00 275.48</u></div>
<div><u>CK High 1.30 7.68 302.35 1.15 7.05 277.45</u></div>
<div><u>CK Avg 1.29 -0.36 7.67 302.07 1.14 -0.37 7.04 277.17</u></div>
<div><u>Essex Cty 1.30 7.68 302.35 1.15 7.05 277.45</u></div>
<div><u>Mdsx Low 1.25 7.63 300.38 1.10 7.00 275.48</u></div>
<div><u>Mdsx High 1.30 7.68 302.35 1.15 7.05 277.45</u></div>
<div><u>Mdsx Avg 1.28 -0.37 7.66 301.69 1.13 -0.38 7.03 276.79</u></div>
<div><u>Hensall 1.32 7.70 303.00 1.13 7.03 276.79</u></div>
<div><u>Bruce 1.30 7.68 302.35 1.15 7.05 277.45</u></div>
<div><u>Putnam 1.30 7.68 302.35 1.15 7.05 277.45</u></div>
<div><u>Burford 1.25 7.63 300.38 1.15 7.05 277.45</u></div>
<div><u>Port Perry 1.20 7.58 298.41 1.10 7.00 275.48</u></div>
<div><u>Norfolk 1.30 7.68 302.35 1.15 7.05 277.45</u></div>
<div><u>Palmerston 1.23 7.61 299.59 1.11 7.01 275.87</u></div>
<div><u>Varna 1.30 7.68 302.35 1.10 7.00 275.48</u></div>
<div><u>Belmore 1.30 7.68 302.35 1.15 7.05 277.45</u></div>
<div><u>Trenton 1.30 7.68 302.35 1.10 7.00 275.48</u></div>
<div><u>Winchester 1.55 7.93 312.19 1.45 7.35 289.26</u></div>
<div><u>North Gower 1.50 7.88 310.22 1.40 7.30 287.29</u></div>
<div><u>Vankleek Hil 1.63 8.01 315.34 1.39 7.29 286.90</u></div>
<div><u>Huron FOB 1.42 1.48 1.53 1.62 7.80 307.07N/A</u></div>
<div><u>Kent FOB 1.45 7.83 308.25 1.25 7.15 281.38</u></div>
<div><u>Lamb FOB 1.55 7.93 312.19 1.30 7.20 283.35</u></div>
<div><u>Mdsx FOB 1.35 1.45 1.55N/A 7.73 304.32 1.25 7.15 281.38</u></div>
<div><u>FOB SW Que 2.19 8.57 337.39N/A</u></div>
<div><u>Track 1.82 8.20 322.62N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.56 7.46 293.59</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.81 7.71 303.43</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 7.45 293.20</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 1.75 7.65 301.07</u></div>
<div><u>W O Feed 1.93 8.31 326.99</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.90 8.28 325.97</u></div>
<div><u>Toledo El. -0.19 6.19 243.65 -0.32 5.58 219.63</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.15 7.05 277.45</u></div>
<div><u>Prescott 2.02 8.40 330.69 1.88 7.78 306.19</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.30 7.68</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2741 up 0.0005</u></div>
<div><u>Chicago soybeans closed mixed.</u></div>
<div><u><br>
</u></div>
<div><u> MAR22 HI 15.77 NOV22 HI 14.44 1/2</u></div>
<div><u> LOW 15.42 1/4 LOW 14.23 1/4</u></div>
<div><u> CLOSE15.51 1/4 Down 18 3/4 CLOSE 14.32 Down 10 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+MAY22+MAY22</u></div>
<div><u>CK Low 3.76 19.27 708.14 3.15 17.47 641.91</u></div>
<div><u>CK High 3.90 19.41 713.29 3.25 17.57 645.59</u></div>
<div><u>CK Average 3.85 -0.31 19.36 711.50 3.20 -0.58 17.52 643.59</u></div>
<div><u>Essex Cty 3.85 19.36 711.45 3.15 17.47 641.91</u></div>
<div><u>Mdsx Low 3.75 19.26 707.78 3.16 17.48 642.28</u></div>
<div><u>Mdsx High 3.90 19.41 713.29 3.20 17.52 643.75</u></div>
<div><u>Mdsx Average3.83 -0.33 19.35 710.84 3.19 -0.58 17.51 643.26</u></div>
<div><u>Hensall 3.88 19.40 712.67 3.20 17.52 643.75</u></div>
<div><u>Bruce 3.85 19.36 711.45 3.20 17.52 643.75</u></div>
<div><u>Putnam 3.85 19.36 711.45 3.20 17.52 643.75</u></div>
<div><u>Burford 3.82 19.33 710.35 3.23 17.55 644.85</u></div>
<div><u>Port Perry 3.71 19.22 706.31 3.12 17.44 640.81</u></div>
<div><u>Norfolk 3.85 19.36 711.45 3.20 17.52 643.75</u></div>
<div><u>Palmerston 3.81 19.32 709.98 3.16 17.48 642.28</u></div>
<div><u>Varna 3.90 19.41 713.29 3.20 17.52 643.75</u></div>
<div><u>Trenton 3.90 19.41 713.29 3.25 17.57 645.59</u></div>
<div><u>Winchester 3.70 19.21 705.94 3.40 17.72 651.10</u></div>
<div><u>North Gower 3.70 19.21 705.94 3.25 17.57 645.59</u></div>
<div><u>Vankleek Hil4.05 19.56 718.80 3.50 17.82 654.77</u></div>
<div><u>Huron FOB 3.87 3.87 4.14 4.20 19.38 712.18 N/A</u></div>
<div><u>Kent FOB 4.05 19.56 718.80 3.20 17.52 643.75</u></div>
<div><u>Lambton FOB 3.90 19.41 713.29 3.35 17.67 649.26</u></div>
<div><u>Mdsx FOB 3.69 3.75 4.07 N/A 19.20 705.57 3.41 17.73 651.47</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 4.39 19.90 731.29 3.52 17.84 655.51</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 4.25 19.76 726.15 3.70 18.02 662.12</u></div>
<div><u>Prescott N/A 3.72 18.04 662.86</u></div>
<div><u>Port Colborn4.10 19.61 720.64 3.82 18.14 666.53</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.25 15.26 560.62 -0.45 13.87 509.78</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2741 up 0.0005</u></div>
<div><u>Chicago wheat closed moderately lower to lower.</u></div>
<div><u>MAR22 HI 8.01 3/4 JUL22 HI 8.03 1/2</u></div>
<div><u> LOW 7.73 LOW 7.76 3/4</u></div>
<div><u> CLOSE 7.79 3/4 Down 19 1/2 CLOSE 7.82 Down 19 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately lower to lower.</u></div>
<div><u>MAR22 HI 9.66 SEP22 HI 9.28 3/4</u></div>
<div><u> LOW 9.40 LOW 9.02 1/2</u></div>
<div><u> CLOSE 9.53 Down 13 CLOSE 9.14 Down 15</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 1.36 1.61 1.23 N/A 2.13 1.87 1.56 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 2.14 1.31 1.96 N/A N/A 1.66 1.73</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 1.36 1.61 1.23 1.73 2.13 1.87 1.56 N/A</u></div>
<div><u>North Gower N/A 0.95 1.30 1.07 N/A N/A 1.57 N/A</u></div>
<div><u>W O Feed 2.10</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.69 N/A N/A N/A 2.13 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 2.52 N/A N/A N/A 2.27 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 7.65US 9.74CA 7.77US 9.90CA</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 664.48</u></div>
<span><u>DDG's FOB Srn & Aylm 350.00 - 355.00</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:10.0pt;font-family:"Courier New"">Blair Andrews<o:p> </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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