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Please note the following changes as several end-user and elevators are using various futures months for the bases.</div>
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For Old Crop corn and soybeans, we're using the July future</div>
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For New Crop Harvest 2022 we're using the Chicago September future for New Crop SRW,SWW and HRW.</div>
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We continue to use May for old crop wheat.</div>
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Thank you.</div>
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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, March 4</u>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2731 up 0.0046</u></div>
<div><u>Chicago corn closed higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 7.38 1/2 DEC22 HI 6.47</u></div>
<div><u> LOW 7.00 1/4 LOW 6.11</u></div>
<div><u> CLOSE7.21 1/4 Up 17 3/4 CLOSE 6.29 1/2 Up 17 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 +JUL22+JUL22+JUL22</u></div>
<div><u>CK Low 1.53 8.74 344.18 1.10 7.40 291.13</u></div>
<div><u>CK High 1.60 8.81 346.93 1.15 7.45 293.10</u></div>
<div><u>CK Avg 1.57 -0.32 8.78 345.64 1.14 -0.45 7.44 292.82</u></div>
<div><u>Essex Cty 1.53 8.74 344.18 1.15 7.45 293.10</u></div>
<div><u>Mdsx Low 1.53 8.74 344.18 1.15 7.45 293.10</u></div>
<div><u>Mdsx High 1.60 8.81 346.93 1.15 7.45 293.10</u></div>
<div><u>Mdsx Avg 1.57 -0.32 8.78 345.55 1.15 -0.45 7.45 293.10</u></div>
<div><u>Hensall 1.59 8.81 346.67 1.17 7.46 293.75</u></div>
<div><u>Bruce 1.60 8.81 346.93 1.15 7.45 293.10</u></div>
<div><u>Putnam 1.60 8.81 346.93 1.15 7.45 293.10</u></div>
<div><u>Burford 1.60 8.81 346.93 1.15 7.45 293.10</u></div>
<div><u>Port Perry 1.50 8.71 343.00 1.15 7.45 293.10</u></div>
<div><u>Norfolk 1.53 8.74 344.18 1.15 7.45 293.10</u></div>
<div><u>Palmerston 1.42 8.63 339.85N/A</u></div>
<div><u>Varna 1.60 8.81 346.93 1.15 7.45 293.10</u></div>
<div><u>Belmore 1.60 8.81 346.93 1.15 7.45 293.10</u></div>
<div><u>Trenton 1.58 8.79 346.15 1.15 7.45 293.10</u></div>
<div><u>Winchester 1.93 9.14 359.92 1.60 7.90 310.81</u></div>
<div><u>North Gower 1.73 8.94 352.05 1.30 7.60 299.00</u></div>
<div><u>Vankleek Hil 2.31 9.52 374.88 1.26 7.56 297.43</u></div>
<div><u>Huron FOB 1.60 1.60 1.92 1.95 8.81 346.93N/A</u></div>
<div><u>Kent FOB N/A 1.25 7.55 297.03</u></div>
<div><u>Lamb FOB N/A 1.40 7.70 302.94</u></div>
<div><u>Mdsx FOB N/A N/A 1.70N/A 1.25 7.55 297.03</u></div>
<div><u>FOB SW Que 2.82 10.03 394.96N/A</u></div>
<div><u>Track 2.30 9.51 374.49N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.32 7.62 299.79</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.67 7.97 313.57</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 1.60 7.90 310.81</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 1.80 8.10 318.69</u></div>
<div><u>W O Feed 2.31 9.52 374.79</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.55 9.76 384.33</u></div>
<div><u>Toledo El. -0.22 7.00 275.42 -0.32 5.98 235.29</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.15 7.45 293.10</u></div>
<div><u>Prescott 2.30 9.51 374.49 1.96 8.26 324.98</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.60 8.81 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 1.2731 up 0.0046</u></div>
<div><u>Chicago soybeans closed mixed.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 16.55 1/2 NOV22 HI 14.67 1/4</u></div>
<div><u> LOW 16.07 1/2 LOW 14.20</u></div>
<div><u> CLOSE16.33 Up 1/4 CLOSE 14.50 1/4 Down 3 3/4</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 +JUL22+JUL22+JUL22</u></div>
<div><u>CK Low 4.00 20.33 747.00 3.25 17.75 652.29</u></div>
<div><u>CK High 4.20 20.53 754.35 3.40 17.90 657.80</u></div>
<div><u>CK Average 4.12 -0.27 20.45 751.41 3.32 -0.50 17.83 654.97</u></div>
<div><u>Essex Cty 4.20 20.53 754.35 3.35 17.85 655.97</u></div>
<div><u>Mdsx Low 4.00 20.33 747.00 3.20 17.70 650.46</u></div>
<div><u>Mdsx High 4.20 20.53 754.35 3.40 17.90 657.80</u></div>
<div><u>Mdsx Average4.08 -0.30 20.41 749.94 3.29 -0.53 17.79 653.64</u></div>
<div><u>Hensall 4.08 20.41 749.82 3.23 17.74 651.68</u></div>
<div><u>Bruce 4.00 20.33 747.00 3.20 17.70 650.46</u></div>
<div><u>Putnam 4.00 20.33 747.00 3.30 17.80 654.13</u></div>
<div><u>Burford 4.09 20.42 750.31 3.31 17.81 654.50</u></div>
<div><u>Port Perry 4.00 20.33 747.00 3.22 17.72 651.19</u></div>
<div><u>Norfolk 4.20 20.53 754.35 3.40 17.90 657.80</u></div>
<div><u>Palmerston 4.02 20.35 747.73 N/A</u></div>
<div><u>Varna 4.05 20.38 748.84 3.20 17.70 650.46</u></div>
<div><u>Trenton 4.15 20.48 752.51 3.30 17.80 654.13</u></div>
<div><u>Winchester 4.20 20.53 754.35 3.40 17.90 657.80</u></div>
<div><u>North Gower 4.28 20.61 757.29 3.20 17.70 650.46</u></div>
<div><u>Vankleek Hil4.71 21.04 773.09 3.29 17.79 653.76</u></div>
<div><u>Huron FOB 4.26 4.39 4.33 4.46 20.59 756.55 N/A</u></div>
<div><u>Kent FOB 4.40 20.73 761.70 3.40 17.90 657.80</u></div>
<div><u>Lambton FOB 4.10 20.43 750.67 3.30 17.80 654.13</u></div>
<div><u>Mdsx FOB 3.92 4.30 4.37 N/A 20.25 744.06 3.53 18.03 662.58</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 4.70 21.03 772.72 3.61 18.11 665.52</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 4.70 21.03 772.72 3.90 18.40 676.18</u></div>
<div><u>Prescott N/A 3.74 18.24 670.30</u></div>
<div><u>Port Colborn4.36 20.69 760.23 3.97 18.47 678.75</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.32 16.01 588.33 -0.45 14.06 516.50</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2731 up 0.0046</u></div>
<div><u>Chicago wheat closed moderately higher to limit up.</u></div>
<div><u>MAY22 HI 12.09 SEP22 HI 11.05 3/4</u></div>
<div><u> LOW 12.09 LOW 9.86 1/4</u></div>
<div><u> CLOSE 12.09 Up 75 CLOSE 10.63 Up 32 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed higher.</u></div>
<div><u>MAY22 HI 11.78 1/4 SEP22 HI 10.84 3/4</u></div>
<div><u> LOW 10.58 1/4 LOW 9.90</u></div>
<div><u> CLOSE 11.47 Up 28 3/4 CLOSE 10.66 3/4 Up 42</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 N/A N/A N/A N/A N/A N/A</u></div>
<div><u>London 1.94 2.13 1.49 N/A 3.51 2.75 1.66 N/A</u></div>
<div><u>Hensall 1.30 N/A 1.30 N/A 2.40 N/A 1.40 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.10 N/A</u></div>
<div><u>Bruce 0.66 1.46 0.66 N/A 2.20 1.70 1.40 1.50</u></div>
<div><u>Essex N/A N/A 1.30 N/A N/A N/A 1.40 N/A</u></div>
<div><u>Norwich 1.30 N/A 1.30 N/A 2.40 N/A 1.40 N/A</u></div>
<div><u>Port Hope N/A N/A 1.30 N/A N/A N/A 1.40 N/A</u></div>
<div><u>Kent Bridge 1.30 N/A 1.30 N/A 2.40 N/A 1.40 N/A</u></div>
<div><u>Chatham N/A N/A 1.30 N/A N/A N/A 1.40 N/A</u></div>
<div><u>Brigden N/A N/A 1.30 N/A N/A N/A 1.40 N/A</u></div>
<div><u>Palmerston N/A 1.70 1.00 2.29 N/A 0.89 1.20 1.81</u></div>
<div><u>Varna 1.01 1.51 0.76 N/A 2.20 1.70 1.40 N/A</u></div>
<div><u>Mitchell 1.30 1.95 1.30 N/A 2.40 1.70 1.40 N/A</u></div>
<div><u>Thornton 1.94 2.13 1.49 2.88 3.51 2.75 1.66 N/A</u></div>
<div><u>North Gower N/A N/A N/A N/A N/A N/A 1.10 N/A</u></div>
<div><u>W O Feed 3.13</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.95 N/A N/A N/A 2.05 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.44 N/A N/A N/A 2.90 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 11.89US 15.14CA 11.60US 14.77CA</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 689.40</u></div>
<span><u>DDG's FOB Srn & Aylm 350.00 - 370.00</u></span><br>
</div>
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<span><u><br>
</u></span></div>
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<span style="font-size: 10pt; font-family: "Courier New";"><br>
</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";">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
<o:p> </o:p></span></p>
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<span style="font-size: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
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