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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, February 18</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2746 up 0.0054</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR22 HI 6.58 DEC22 HI 5.99 1/2</u></div>
<div><u> LOW 6.47 LOW 5.93 1/2</u></div>
<div><u> CLOSE6.54 1/4 Up 4 1/4 CLOSE 5.97 3/4 Up 1 1/4</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 7.79 306.78 1.15 7.13 280.60</u></div>
<div><u>CK High 1.30 7.84 308.75 1.15 7.13 280.60</u></div>
<div><u>CK Avg 1.29 -0.40 7.84 308.46 1.15 -0.38 7.13 280.60</u></div>
<div><u>Essex Cty 1.30 7.84 308.75 1.15 7.13 280.60</u></div>
<div><u>Mdsx Low 1.25 7.79 306.78 1.10 7.08 278.63</u></div>
<div><u>Mdsx High 1.30 7.84 308.75 1.15 7.13 280.60</u></div>
<div><u>Mdsx Avg 1.28 -0.40 7.83 308.09 1.13 -0.40 7.11 279.94</u></div>
<div><u>Hensall 1.32 7.86 309.40 1.15 7.13 280.60</u></div>
<div><u>Bruce 1.30 7.84 308.75 1.15 7.13 280.60</u></div>
<div><u>Putnam 1.30 7.84 308.75 1.15 7.13 280.60</u></div>
<div><u>Burford 1.25 7.79 306.78 1.15 7.13 280.60</u></div>
<div><u>Port Perry 1.20 7.74 304.81 1.10 7.08 278.63</u></div>
<div><u>Norfolk 1.30 7.84 308.75 1.15 7.13 280.60</u></div>
<div><u>Palmerston 1.29 7.83 308.35 1.14 7.12 280.20</u></div>
<div><u>Varna 1.30 7.84 308.75 1.15 7.13 280.60</u></div>
<div><u>Belmore 1.30 7.84 308.75 1.15 7.13 280.60</u></div>
<div><u>Trenton 1.30 7.84 308.75 1.15 7.13 280.60</u></div>
<div><u>Winchester 1.55 8.09 318.59 1.45 7.43 292.41</u></div>
<div><u>North Gower 1.55 8.09 318.59 1.45 7.43 292.41</u></div>
<div><u>Vankleek Hil 1.63 8.17 321.74 1.38 7.36 289.65</u></div>
<div><u>Huron FOB 1.36 1.42 1.48 1.57 7.90 311.11N/A</u></div>
<div><u>Kent FOB 1.45 7.99 314.65 1.25 7.23 284.53</u></div>
<div><u>Lamb FOB 1.45 7.99 314.65 1.30 7.28 286.50</u></div>
<div><u>Mdsx FOB 1.35 1.40 1.50N/A 7.89 310.71 1.25 7.23 284.53</u></div>
<div><u>FOB SW Que 2.04 8.58 337.88N/A</u></div>
<div><u>Track 1.87 8.41 330.99N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.56 7.54 296.74</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.81 7.79 306.58</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 7.53 296.34</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 1.75 7.73 304.22</u></div>
<div><u>W O Feed 1.98 8.52 335.52</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.95 8.49 334.33</u></div>
<div><u>Toledo El. -0.19 6.35 250.04 -0.32 5.66 222.78</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.15 7.13 280.60</u></div>
<div><u>Prescott 2.01 8.55 336.70 1.86 7.84 308.55</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.30 7.84 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 1.2746 up 0.0054</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR22 HI 16.08 1/2 NOV22 HI 14.72</u></div>
<div><u> LOW 15.87 1/2 LOW 14.53 1/4</u></div>
<div><u> CLOSE16.01 1/2 Up 9 1/2 CLOSE 14.63 3/4 Up 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 3.90 19.92 731.75 3.20 17.84 655.42</u></div>
<div><u>CK High 3.95 19.97 733.59 3.30 17.94 659.09</u></div>
<div><u>CK Average 3.91 -0.38 19.93 732.28 3.25 -0.60 17.89 657.20</u></div>
<div><u>Essex Cty 3.90 19.92 731.75 3.20 17.84 655.42</u></div>
<div><u>Mdsx Low 3.85 19.87 729.91 3.20 17.84 655.42</u></div>
<div><u>Mdsx High 3.90 19.92 731.75 3.25 17.89 657.25</u></div>
<div><u>Mdsx Average3.88 -0.41 19.90 731.02 3.23 -0.62 17.86 656.40</u></div>
<div><u>Hensall 3.87 19.88 730.53 3.22 17.85 656.03</u></div>
<div><u>Bruce 3.85 19.87 729.91 3.25 17.89 657.25</u></div>
<div><u>Putnam 3.90 19.92 731.75 3.25 17.89 657.25</u></div>
<div><u>Burford 3.96 19.98 733.96 3.30 17.94 659.09</u></div>
<div><u>Port Perry 3.85 19.87 729.91 3.19 17.83 655.05</u></div>
<div><u>Norfolk 3.90 19.92 731.75 3.25 17.89 657.25</u></div>
<div><u>Palmerston 3.95 19.97 733.59 3.26 17.90 657.62</u></div>
<div><u>Varna 3.85 19.87 729.91 3.20 17.84 655.42</u></div>
<div><u>Trenton 3.90 19.92 731.75 3.25 17.89 657.25</u></div>
<div><u>Winchester 3.97 19.99 734.32 3.31 17.95 659.46</u></div>
<div><u>North Gower 3.80 19.82 728.08 3.35 17.99 660.93</u></div>
<div><u>Vankleek Hil4.06 20.08 737.63 3.52 18.16 667.17</u></div>
<div><u>Huron FOB 3.93 3.93 4.17 4.24 19.95 732.85 N/A</u></div>
<div><u>Kent FOB 4.05 20.07 737.26 3.25 17.89 657.25</u></div>
<div><u>Lambton FOB 3.85 19.87 729.91 3.40 18.04 662.76</u></div>
<div><u>Mdsx FOB 3.78 3.85 4.17 N/A 19.80 727.34 3.49 18.13 666.07</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 4.53 20.55 754.90 3.64 18.28 671.58</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 4.30 20.32 746.45 3.75 18.39 675.62</u></div>
<div><u>Prescott N/A 3.73 18.37 674.89</u></div>
<div><u>Port Colborn4.19 20.21 742.41 3.90 18.54 681.14</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.25 15.76 579.08 -0.45 14.19 521.45</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2746 up 0.0054</u></div>
<div><u>Chicago wheat closed narrowly mixed.</u></div>
<div><u>MAR22 HI 8.12 1/4 JUL22 HI 8.15 1/4</u></div>
<div><u> LOW 7.90 LOW 7.91 1/2</u></div>
<div><u> CLOSE 7.97 Down 1 CLOSE 8.00 3/4 Up 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>MAR22 HI 9.70 1/4 SEP22 HI 9.40</u></div>
<div><u> LOW 9.55 LOW 9.18 3/4</u></div>
<div><u> CLOSE 9.60 3/4 Up 3 1/2 CLOSE 9.30 Up 7 1/4</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 1.39 1.65 1.27 N/A 2.16 1.90 1.59 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 2.21 1.38 2.00 N/A N/A 1.80 1.80</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 1.39 1.65 1.27 1.85 2.16 1.90 1.59 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 2.17</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.70 N/A N/A N/A 2.17 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 2.57 N/A N/A N/A 2.32 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 7.82US 9.97CA 7.96US 10.14CA</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 674.52</u></div>
<span><u>DDG's FOB Srn & Aylm 350.00 - 355.00</u></span><br>
</div>
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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:10.0pt;font-family:"Courier New"">Fax. 519-674-1530<br>
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