<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 Wed, March 16</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 1.2738 down 0.0087</u></div>
<div><u>Chicago corn closed lower to sharply lower.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 7.22 1/2 DEC22 HI 6.53</u></div>
<div><u> LOW 6.93 1/4 LOW 6.29</u></div>
<div><u> CLOSE6.97 Down 26 1/4 CLOSE 6.29 3/4 Down 21 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 1.50 8.47 333.45 1.10 7.40 291.23</u></div>
<div><u>CK High 1.50 8.47 333.45 1.20 7.50 295.16</u></div>
<div><u>CK Avg 1.50 -0.32 8.47 333.45 1.16 -0.45 7.45 293.48</u></div>
<div><u>Essex Cty 1.50 8.47 333.45 1.20 7.50 295.16</u></div>
<div><u>Mdsx Low 1.50 8.47 333.45 1.15 7.45 293.20</u></div>
<div><u>Mdsx High 1.50 8.47 333.45 1.20 7.50 295.16</u></div>
<div><u>Mdsx Avg 1.50 -0.32 8.47 333.45 1.18 -0.43 7.47 294.18</u></div>
<div><u>Hensall 1.52 8.49 334.11 1.17 7.46 293.85</u></div>
<div><u>Bruce 1.50 8.47 333.45 1.15 7.45 293.20</u></div>
<div><u>Putnam 1.50 8.47 333.45 1.15 7.45 293.20</u></div>
<div><u>Burford 1.50 8.47 333.45 1.15 7.45 293.20</u></div>
<div><u>Port Perry 1.45 8.42 331.48 1.15 7.45 293.20</u></div>
<div><u>Norfolk 1.50 8.47 333.45 1.20 7.50 295.16</u></div>
<div><u>Palmerston 1.52 8.49 334.24 1.18 7.48 294.38</u></div>
<div><u>Varna 1.50 8.47 333.45 1.15 7.45 293.20</u></div>
<div><u>Belmore 1.50 8.47 333.45 1.15 7.45 293.20</u></div>
<div><u>Trenton 1.50 8.47 333.45 1.15 7.45 293.20</u></div>
<div><u>Winchester 1.58 8.55 336.60 1.58 7.88 310.12</u></div>
<div><u>North Gower 1.70 8.67 341.32 1.40 7.70 303.04</u></div>
<div><u>Vankleek Hil 2.13 9.10 358.25 1.21 7.51 295.56</u></div>
<div><u>Huron FOB 1.50 1.50 1.64 1.69 8.47 333.45N/A</u></div>
<div><u>Kent FOB N/A 1.30 7.60 299.10</u></div>
<div><u>Lamb FOB N/A 1.55 7.85 308.94</u></div>
<div><u>Mdsx FOB N/A N/A 1.70N/A 1.30 7.60 299.10</u></div>
<div><u>FOB SW Que 2.77 9.74 383.45N/A</u></div>
<div><u>Track 2.21 9.18 361.40N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.64 7.94 312.49</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.91 8.21 323.11</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 1.65 7.95 312.88</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 1.85 8.15 320.75</u></div>
<div><u>W O Feed 2.17 9.14 359.92</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.49 9.46 372.42</u></div>
<div><u>Toledo El. -0.22 6.75 265.87 -0.32 5.98 235.38</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.30 7.60 299.10</u></div>
<div><u>Prescott 2.16 9.13 359.43 1.91 8.21 323.11</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.50 8.471</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2738 down 0.0087</u></div>
<div><u>Chicago soybeans closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 16.56 1/4 NOV22 HI 14.85</u></div>
<div><u> LOW 16.22 1/4 LOW 14.50 1/2</u></div>
<div><u> CLOSE16.26 Down 9 3/4 CLOSE 14.60 1/4 Down 6 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 4.02 20.28 745.16 3.35 17.95 659.64</u></div>
<div><u>CK High 4.10 20.36 748.10 3.40 18.00 661.48</u></div>
<div><u>CK Average 4.06 -0.31 20.32 746.63 3.36 -0.50 17.96 659.90</u></div>
<div><u>Essex Cty 4.05 20.31 746.26 3.35 17.95 659.64</u></div>
<div><u>Mdsx Low 4.02 20.28 745.16 3.35 17.95 659.64</u></div>
<div><u>Mdsx High 4.10 20.36 748.10 3.45 18.05 663.32</u></div>
<div><u>Mdsx Average4.06 -0.31 20.32 746.51 3.38 -0.48 17.99 660.87</u></div>
<div><u>Hensall 4.05 20.31 746.26 3.38 17.99 660.87</u></div>
<div><u>Bruce 4.05 20.31 746.26 3.35 17.95 659.64</u></div>
<div><u>Putnam 4.05 20.31 746.26 3.35 17.95 659.64</u></div>
<div><u>Burford 4.07 20.33 747.00 3.40 18.00 661.48</u></div>
<div><u>Port Perry 3.98 20.24 743.69 3.31 17.91 658.17</u></div>
<div><u>Norfolk 4.05 20.31 746.26 3.35 17.95 659.64</u></div>
<div><u>Palmerston 4.16 20.42 750.31 3.47 18.07 664.05</u></div>
<div><u>Varna 4.05 20.31 746.26 3.40 18.00 661.48</u></div>
<div><u>Trenton 4.05 20.31 746.26 3.35 17.95 659.64</u></div>
<div><u>Winchester 4.24 20.50 753.25 3.55 18.15 666.99</u></div>
<div><u>North Gower 4.20 20.46 751.78 3.30 17.90 657.80</u></div>
<div><u>Vankleek Hil4.49 20.75 762.43 3.35 17.95 659.64</u></div>
<div><u>Huron FOB 4.10 4.17 4.23 4.20 20.36 748.10 N/A</u></div>
<div><u>Kent FOB 4.20 20.46 751.78 3.35 17.95 659.64</u></div>
<div><u>Lambton FOB 4.40 20.66 759.13 4.00 18.60 683.52</u></div>
<div><u>Mdsx FOB 4.16 4.35 4.35 N/A 20.42 750.31 3.55 18.15 666.99</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 4.58 20.84 765.74 3.73 18.33 673.60</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 4.65 20.91 768.31 3.95 18.55 681.69</u></div>
<div><u>Prescott N/A 3.67 18.27 671.40</u></div>
<div><u>Port Colborn4.60 20.86 766.47 3.99 18.59 683.16</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.03 16.23 596.52 -0.45 14.16 520.17</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2738 down 0.0087</u></div>
<div><u>Chicago wheat closed lower to limit down.</u></div>
<div><u>JUL22 HI 11.29 SEP22 HI 10.72</u></div>
<div><u> LOW 10.42 1/2 LOW 9.88 1/4</u></div>
<div><u> CLOSE 10.42 1/2 Down 85 CLOSE 9.91 3/4 Down 80 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed lower to limit down.</u></div>
<div><u>MAY22 HI 11.10 3/4 SEP22 HI 10.63</u></div>
<div><u> LOW 10.50 1/4 LOW 10.06</u></div>
<div><u> CLOSE 10.50 1/4 Down 60 CLOSE 10.15 3/4 Down 48 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 N/A N/A N/A N/A 1.40 N/A</u></div>
<div><u>London 1.46 1.77 1.14 N/A 2.13 1.94 1.37 N/A</u></div>
<div><u>Hensall 1.10 N/A 1.10 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 1.40 N/A</u></div>
<div><u>Bruce 1.10 1.80 1.10 N/A 2.30 1.70 1.40 1.50</u></div>
<div><u>Essex N/A N/A 1.10 N/A N/A N/A 1.40 N/A</u></div>
<div><u>Norwich 1.10 N/A 1.10 N/A 2.40 N/A 1.40 N/A</u></div>
<div><u>Port Hope N/A N/A 1.10 N/A N/A N/A 1.40 N/A</u></div>
<div><u>Kent Bridge 1.10 N/A 1.10 N/A 2.40 N/A 1.40 N/A</u></div>
<div><u>Chatham N/A N/A 1.10 N/A N/A N/A 1.40 N/A</u></div>
<div><u>Brigden N/A N/A N/A N/A N/A N/A 1.40 N/A</u></div>
<div><u>Palmerston N/A N/A N/A N/A N/A 1.78 1.34 N/A</u></div>
<div><u>Varna 1.35 1.85 1.10 N/A 2.20 1.70 1.40 N/A</u></div>
<div><u>Mitchell 1.10 1.80 1.10 N/A 2.40 1.70 1.40 N/A</u></div>
<div><u>Thornton 1.46 1.77 1.14 0.68 2.13 1.94 1.37 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 2.74</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.47 N/A N/A N/A 2.02 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 2.20 N/A N/A N/A 2.72 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 10.40US 13.24CA 10.23US 13.03CA</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 722.03</u></div>
<div><u style="color: inherit; font-family: inherit; font-size: inherit; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit;">DDG's FOB Srn & Aylm 350.00 - 355.00</u><br>
</div>
<div><u style="color: inherit; font-family: inherit; font-size: inherit; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit;"><br>
</u></div>
<div><u style="color: inherit; font-family: inherit; font-size: inherit; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit;"><br>
</u></div>
<div><u style="color: inherit; font-family: inherit; font-size: inherit; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit;"><br>
</u></div>
<div><span style="color: inherit; font-family: inherit; font-size: inherit; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit;">
<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>
<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>
</div>
</body>
</html>