<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1">
<style type="text/css" style="display:none;"> P {margin-top:0;margin-bottom:0;} </style>
</head>
<body dir="ltr">
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, February 22</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2771 up 0.0025</u></div>
<div><u>Chicago corn closed moderately higher to higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR22 HI 6.76 3/4 DEC22 HI 6.06 1/4</u></div>
<div><u> LOW 6.57 3/4 LOW 5.97 1/2</u></div>
<div><u> CLOSE6.74 3/4 Up 20 1/2 CLOSE 6.05 3/4 Up 8</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 8.00 314.85 1.10 7.16 281.78</u></div>
<div><u>CK High 1.30 8.05 316.82 1.15 7.21 283.75</u></div>
<div><u>CK Avg 1.29 -0.45 8.04 316.53 1.14 -0.42 7.20 283.47</u></div>
<div><u>Essex Cty 1.30 8.05 316.82 1.15 7.21 283.75</u></div>
<div><u>Mdsx Low 1.25 8.00 314.85 1.15 7.21 283.75</u></div>
<div><u>Mdsx High 1.30 8.05 316.82 1.15 7.21 283.75</u></div>
<div><u>Mdsx Avg 1.28 -0.46 8.03 316.16 1.15 -0.41 7.21 283.75</u></div>
<div><u>Hensall 1.32 8.06 317.47 1.17 7.22 284.40</u></div>
<div><u>Bruce 1.30 8.05 316.82 1.15 7.21 283.75</u></div>
<div><u>Putnam 1.30 8.05 316.82 1.15 7.21 283.75</u></div>
<div><u>Burford 1.25 8.00 314.85 1.15 7.21 283.75</u></div>
<div><u>Port Perry 1.20 7.95 312.88 1.10 7.16 281.78</u></div>
<div><u>Norfolk 1.30 8.05 316.82 1.15 7.21 283.75</u></div>
<div><u>Palmerston 1.35 8.10 318.78 1.17 7.23 284.53</u></div>
<div><u>Varna 1.30 8.05 316.82 1.15 7.21 283.75</u></div>
<div><u>Belmore 1.30 8.05 316.82 1.15 7.21 283.75</u></div>
<div><u>Trenton 1.30 8.05 316.82 1.15 7.21 283.75</u></div>
<div><u>Winchester 1.50 8.25 324.69 1.40 7.46 293.59</u></div>
<div><u>North Gower 1.50 8.25 324.69 1.40 7.46 293.59</u></div>
<div><u>Vankleek Hil 1.63 8.38 329.81 1.38 7.44 292.80</u></div>
<div><u>Huron FOB 1.40 1.46 1.52 1.61 8.15 320.75N/A</u></div>
<div><u>Kent FOB 1.45 8.20 322.72 1.25 7.31 287.68</u></div>
<div><u>Lamb FOB 1.45 8.20 322.72 1.30 7.36 289.65</u></div>
<div><u>Mdsx FOB 1.35 1.40 1.50N/A 8.10 318.78 1.28 7.34 288.86</u></div>
<div><u>FOB SW Que 2.31 9.06 356.58N/A</u></div>
<div><u>Track 1.93 8.67 341.42N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.56 7.62 299.89</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.81 7.87 309.73</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 7.61 299.49</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 1.75 7.81 307.37</u></div>
<div><u>W O Feed 2.04 8.79 345.95</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.01 8.76 344.77</u></div>
<div><u>Toledo El. -0.19 6.56 258.10 -0.32 5.74 225.90</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.15 7.21 283.75</u></div>
<div><u>Prescott 2.01 8.76 344.77 1.86 7.92 311.70</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.30 8.04 3/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2771 up 0.0025</u></div>
<div><u>Chicago soybeans closed slightly higher to higher.</u></div>
<div><u><br>
</u></div>
<div><u> MAR22 HI 16.41 1/4 NOV22 HI 14.83</u></div>
<div><u> LOW 16.02 1/4 LOW 14.58 3/4</u></div>
<div><u> CLOSE16.35 Up 33 1/2 CLOSE 14.73 1/4 Up 9 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 3.95 20.30 745.90 3.30 18.03 662.58</u></div>
<div><u>CK High 4.00 20.35 747.73 3.35 18.08 664.42</u></div>
<div><u>CK Average 3.96 -0.45 20.31 746.16 3.33 -0.59 18.06 663.74</u></div>
<div><u>Essex Cty 3.95 20.30 745.90 3.30 18.03 662.58</u></div>
<div><u>Mdsx Low 3.90 20.25 744.06 3.25 17.98 660.74</u></div>
<div><u>Mdsx High 3.95 20.30 745.90 3.35 18.08 664.42</u></div>
<div><u>Mdsx Average3.93 -0.47 20.28 745.16 3.30 -0.61 18.04 662.70</u></div>
<div><u>Hensall 3.95 20.30 745.90 3.32 18.05 663.19</u></div>
<div><u>Bruce 3.95 20.30 745.90 3.30 18.03 662.58</u></div>
<div><u>Putnam 3.95 20.30 745.90 3.35 18.08 664.42</u></div>
<div><u>Burford 4.01 20.36 748.10 3.38 18.11 665.52</u></div>
<div><u>Port Perry 3.90 20.25 744.06 3.27 18.00 661.48</u></div>
<div><u>Norfolk 3.95 20.30 745.90 3.35 18.08 664.42</u></div>
<div><u>Palmerston 4.07 20.42 750.31 3.32 18.05 663.32</u></div>
<div><u>Varna 3.95 20.30 745.90 3.30 18.03 662.58</u></div>
<div><u>Trenton 3.95 20.30 745.90 3.30 18.03 662.58</u></div>
<div><u>Winchester 3.95 20.30 745.90 3.35 18.08 664.42</u></div>
<div><u>North Gower 3.85 20.20 742.22 3.30 18.03 662.58</u></div>
<div><u>Vankleek Hil4.06 20.41 749.94 3.52 18.25 670.66</u></div>
<div><u>Huron FOB 4.02 4.02 4.26 4.32 20.37 748.47 N/A</u></div>
<div><u>Kent FOB 4.10 20.45 751.41 3.35 18.08 664.42</u></div>
<div><u>Lambton FOB 3.85 20.20 742.22 3.40 18.13 666.26</u></div>
<div><u>Mdsx FOB 3.84 3.90 4.22 N/A 20.19 741.86 3.50 18.23 669.93</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 4.63 20.98 770.88 3.66 18.39 675.81</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 4.35 20.70 760.59 3.85 18.58 682.79</u></div>
<div><u>Prescott N/A 3.73 18.46 678.38</u></div>
<div><u>Port Colborn4.25 20.60 756.92 3.91 18.64 684.99</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.26 16.09 591.37 -0.45 14.29 524.90</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2771 up 0.0025</u></div>
<div><u>Chicago wheat closed higher to sharply higher.</u></div>
<div><u>MAR22 HI 8.46 1/4 JUL22 HI 8.49</u></div>
<div><u> LOW 8.03 LOW 8.07 3/4</u></div>
<div><u> CLOSE 8.44 1/4 Up 47 1/4 CLOSE 8.47 1/2 Up 46 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed higher.</u></div>
<div><u>MAR22 HI 9.90 1/2 SEP22 HI 9.58 3/4</u></div>
<div><u> LOW 9.62 1/2 LOW 9.34</u></div>
<div><u> CLOSE 9.85 3/4 Up 25 CLOSE 9.56 3/4 Up 26 3/4</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 1.42 1.68 1.30 N/A 2.20 1.94 1.63 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 1.65 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 1.30 N/A N/A N/A 1.60 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 1.30 N/A N/A N/A 1.60 N/A</u></div>
<div><u>Brigden N/A N/A 1.30 N/A N/A N/A 1.60 N/A</u></div>
<div><u>Palmerston N/A 2.33 1.50 2.09 N/A N/A 1.89 1.88</u></div>
<div><u>Varna 1.55 2.05 1.30 N/A 2.30 1.80 1.60 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 1.42 1.68 1.30 2.11 2.20 1.94 1.63 N/A</u></div>
<div><u>North Gower N/A 0.95 1.30 1.07 N/A N/A 1.55 N/A</u></div>
<div><u>W O Feed 2.30</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.75 N/A N/A N/A 2.20 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 2.72 N/A N/A N/A 2.48 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 8.29US 10.59CA 8.43US 10.76CA</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 680.91</u></div>
<span><u>DDG's FOB Srn & Aylm 350.00 - 360.00</u></span><br>
</div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<span><u><br>
</u></span></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<br>
</div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<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>
<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"">University of Guelph, Ridgetown Campus<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""><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"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes">
</span><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"">Tel. 519-674-1500 x 63577
<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: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
<br>
<span style="background:#FDFDFD">Click on this link:<span class="apple-converted-space"><span style="color:#333333"> </span></span></span><span class="object"><span style="color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span></span><span class="apple-converted-space"><span style="color:#333333;background:#FDFDFD"> </span></span><span style="background:#FDFDFD"> to
unsubscribe from this report.</span><br>
<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
<span style="background:#FDFDFD">Grain Farmers of Ontario</span></span><o:p style=""> </o:p></p>
<br>
</span></div>
</body>
</html>