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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, February 17</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2692 up 0.0001</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR22 HI 6.52 DEC22 HI 5.96 3/4</u></div>
<div><u> LOW 6.42 3/4 LOW 5.90 1/4</u></div>
<div><u> CLOSE6.50 Up 3 CLOSE 5.96 1/2 Up 2 3/4</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 7.75 305.10 1.10 7.07 278.14</u></div>
<div><u>CK High 1.30 7.80 307.07 1.15 7.12 280.11</u></div>
<div><u>CK Avg 1.29 -0.36 7.79 306.79 1.14 -0.36 7.11 279.82</u></div>
<div><u>Essex Cty 1.30 7.80 307.07 1.15 7.12 280.11</u></div>
<div><u>Mdsx Low 1.25 7.75 305.10 1.10 7.07 278.14</u></div>
<div><u>Mdsx High 1.30 7.80 307.07 1.15 7.12 280.11</u></div>
<div><u>Mdsx Avg 1.28 -0.37 7.78 306.42 1.13 -0.37 7.10 279.45</u></div>
<div><u>Hensall 1.32 7.82 307.73 1.15 7.12 280.11</u></div>
<div><u>Bruce 1.30 7.80 307.07 1.15 7.12 280.11</u></div>
<div><u>Putnam 1.30 7.80 307.07 1.15 7.12 280.11</u></div>
<div><u>Burford 1.25 7.75 305.10 1.15 7.12 280.11</u></div>
<div><u>Port Perry 1.20 7.70 303.14 1.10 7.07 278.14</u></div>
<div><u>Norfolk 1.30 7.80 307.07 1.15 7.12 280.11</u></div>
<div><u>Palmerston 1.23 7.73 304.32 1.10 7.07 278.14</u></div>
<div><u>Varna 1.30 7.80 307.07 1.15 7.12 280.11</u></div>
<div><u>Belmore 1.30 7.80 307.07 1.15 7.12 280.11</u></div>
<div><u>Trenton 1.30 7.80 307.07 1.15 7.12 280.11</u></div>
<div><u>Winchester 1.55 8.05 316.91 1.45 7.42 291.92</u></div>
<div><u>North Gower 1.55 8.05 316.91 1.45 7.42 291.92</u></div>
<div><u>Vankleek Hil 1.61 8.11 319.28 1.37 7.34 288.77</u></div>
<div><u>Huron FOB 1.36 1.39 1.45 1.54 7.86 309.43N/A</u></div>
<div><u>Kent FOB 1.45 7.95 312.98 1.25 7.22 284.04</u></div>
<div><u>Lamb FOB 1.50 8.00 314.95 1.30 7.27 286.01</u></div>
<div><u>Mdsx FOB 1.35 1.40 1.50N/A 7.85 309.04 1.25 7.22 284.04</u></div>
<div><u>FOB SW Que 2.32 8.82 347.23N/A</u></div>
<div><u>Track 1.81 8.31 326.95N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.56 7.53 296.25</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.81 7.78 306.09</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 7.52 295.85</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 1.75 7.72 303.73</u></div>
<div><u>W O Feed 1.92 8.42 331.56</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.90 8.40 330.69</u></div>
<div><u>Toledo El. -0.19 6.31 248.40 -0.32 5.65 222.34</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.15 7.12 280.11</u></div>
<div><u>Prescott 1.99 8.49 334.24 1.85 7.82 307.66</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.30 7.80</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2692 up 0.0001</u></div>
<div><u>Chicago soybeans closed mixed.</u></div>
<div><u><br>
</u></div>
<div><u> MAR22 HI 16.06 NOV22 HI 14.69 3/4</u></div>
<div><u> LOW 15.76 1/2 LOW 14.47 1/2</u></div>
<div><u> CLOSE15.92 Up 4 1/2 CLOSE 14.60 3/4 Up 5 1/4</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 3.85 19.77 726.42 3.15 17.76 652.48</u></div>
<div><u>CK High 3.95 19.87 730.10 3.30 17.91 657.99</u></div>
<div><u>CK Average 3.87 -0.33 19.79 727.11 3.21 -0.56 17.82 654.84</u></div>
<div><u>Essex Cty 3.85 19.77 726.42 3.15 17.76 652.48</u></div>
<div><u>Mdsx Low 3.85 19.77 726.42 3.20 17.81 654.31</u></div>
<div><u>Mdsx High 3.87 19.79 727.16 3.24 17.85 655.78</u></div>
<div><u>Mdsx Average3.86 -0.34 19.78 726.67 3.21 -0.56 17.82 654.80</u></div>
<div><u>Hensall 3.85 19.77 726.42 3.20 17.81 654.31</u></div>
<div><u>Bruce 3.85 19.77 726.42 3.25 17.86 656.15</u></div>
<div><u>Putnam 3.85 19.77 726.42 3.20 17.81 654.31</u></div>
<div><u>Burford 3.94 19.86 729.73 3.31 17.92 658.36</u></div>
<div><u>Port Perry 3.83 19.75 725.69 3.20 17.81 654.31</u></div>
<div><u>Norfolk 3.85 19.77 726.42 3.20 17.81 654.31</u></div>
<div><u>Palmerston 3.82 19.74 725.32 3.16 17.77 652.84</u></div>
<div><u>Varna 3.85 19.77 726.42 3.20 17.81 654.31</u></div>
<div><u>Trenton 3.90 19.82 728.26 3.25 17.86 656.15</u></div>
<div><u>Winchester 3.95 19.87 730.10 3.30 17.91 657.99</u></div>
<div><u>North Gower 3.80 19.72 724.59 3.35 17.96 659.83</u></div>
<div><u>Vankleek Hil4.00 19.92 731.93 3.46 18.07 663.87</u></div>
<div><u>Huron FOB 3.85 3.85 4.12 4.18 19.77 726.42 N/A</u></div>
<div><u>Kent FOB 4.05 19.97 733.77 3.20 17.81 654.31</u></div>
<div><u>Lambton FOB 3.85 19.77 726.42 3.40 18.01 661.66</u></div>
<div><u>Mdsx FOB 3.81 3.87 4.19 N/A 19.73 724.95 3.50 18.11 665.34</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 4.38 20.30 745.90 3.51 18.12 665.70</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 4.25 20.17 741.12 3.70 18.31 672.69</u></div>
<div><u>Prescott N/A 3.68 18.29 671.95</u></div>
<div><u>Port Colborn4.22 20.14 740.02 3.91 18.52 680.40</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.25 15.67 575.63 -0.44 14.16 520.41</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2692 up 0.0001</u></div>
<div><u>Chicago wheat closed moderately higher to higher.</u></div>
<div><u>MAR22 HI 7.99 1/4 JUL22 HI 8.00 3/4</u></div>
<div><u> LOW 7.75 1/2 LOW 7.78 1/2</u></div>
<div><u> CLOSE 7.98 Up 17 1/2 CLOSE 8.00 1/4 Up 17 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly to moderately higher.</u></div>
<div><u>MAR22 HI 9.62 SEP22 HI 9.26 3/4</u></div>
<div><u> LOW 9.48 1/4 LOW 9.12</u></div>
<div><u> CLOSE 9.57 1/4 Up 5 1/4 CLOSE 9.22 3/4 Up 8 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 1.37 1.62 1.24 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 1.93 N/A N/A 1.66 1.71</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 1.37 1.62 1.24 1.87 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 1.67 N/A N/A N/A 2.14 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 2.53 N/A N/A N/A 2.28 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 7.83US 9.94CA 7.95US 10.09CA</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 675.95</u></div>
<u><span>DDG's FOB Srn & Aylm 350.00 - 355.00</span><br>
</u></div>
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<span style="font-family: "Courier New"; font-size: 10pt;">Blair Andrews</span><o:p style="color: inherit; font-family: "Courier New"; font-size: 10pt; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit;"> </o:p><br>
</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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