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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, March 24</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.255 down 0.0018</u></div>
<div><u>Chicago corn closed slightly to moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 7.39 1/2 DEC22 HI 6.77 1/4</u></div>
<div><u> LOW 7.25 1/4 LOW 6.64 1/2</u></div>
<div><u> CLOSE7.28 1/2 Down 6 1/4 CLOSE 6.67 1/2 Down 4 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 +JUL22+JUL22+JUL22</u></div>
<div><u>CK Low 1.50 8.79 345.85 1.15 7.83 308.06</u></div>
<div><u>CK High 1.50 8.79 345.85 1.20 7.88 310.03</u></div>
<div><u>CK Avg 1.50 -0.29 8.79 345.85 1.16 -0.43 7.84 308.62</u></div>
<div><u>Essex Cty 1.50 8.79 345.85 1.20 7.88 310.03</u></div>
<div><u>Mdsx Low 1.50 8.79 345.85 1.15 7.83 308.06</u></div>
<div><u>Mdsx High 1.50 8.79 345.85 1.20 7.88 310.03</u></div>
<div><u>Mdsx Avg 1.50 -0.29 8.79 345.85 1.18 -0.42 7.85 309.04</u></div>
<div><u>Hensall 1.52 8.80 346.51 1.17 7.84 308.71</u></div>
<div><u>Bruce 1.50 8.79 345.85 1.15 7.83 308.06</u></div>
<div><u>Putnam 1.50 8.79 345.85 1.15 7.83 308.06</u></div>
<div><u>Burford 1.50 8.79 345.85 1.15 7.83 308.06</u></div>
<div><u>Port Perry 1.45 8.74 343.88 1.10 7.78 306.09</u></div>
<div><u>Norfolk 1.50 8.79 345.85 1.20 7.88 310.03</u></div>
<div><u>Palmerston 1.41 8.70 342.31 1.13 7.81 307.27</u></div>
<div><u>Varna 1.50 8.79 345.85 1.15 7.83 308.06</u></div>
<div><u>Belmore 1.50 8.79 345.85 1.15 7.83 308.06</u></div>
<div><u>Trenton 1.50 8.79 345.85 1.15 7.83 308.06</u></div>
<div><u>Winchester 1.55 8.84 347.82 1.50 8.18 321.84</u></div>
<div><u>North Gower 1.55 8.84 347.82 1.40 8.08 317.90</u></div>
<div><u>Vankleek Hil 1.91 9.20 361.99 1.38 8.06 317.11</u></div>
<div><u>Huron FOB 1.50 1.50 1.55 1.60 8.79 345.85N/A</u></div>
<div><u>Kent FOB N/A 1.30 7.98 313.96</u></div>
<div><u>Lamb FOB N/A 1.55 8.23 323.80</u></div>
<div><u>Mdsx FOB N/A N/A 1.75N/A 1.25 7.93 311.99</u></div>
<div><u>FOB SW Que 2.75 10.04 395.06N/A</u></div>
<div><u>Track 1.97 9.25 364.16N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.54 8.22 323.41</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.81 8.49 334.04</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 8.33 327.74</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 1.85 8.53 335.61</u></div>
<div><u>W O Feed 2.00 9.29 365.63</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.08 9.37 368.68</u></div>
<div><u>Toledo El. -0.38 6.91 271.98 -0.31 6.36 250.43</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.30 7.98 313.96</u></div>
<div><u>Prescott 2.15 9.44 371.44 1.93 8.61 338.76</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.50 8.78 1/2</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.255 down 0.0018</u></div>
<div><u>Chicago soybeans closed slightly to moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 17.08 NOV22 HI 15.14</u></div>
<div><u> LOW 16.80 LOW 14.91 1/2</u></div>
<div><u> CLOSE16.82 1/4 Down 16 1/4 CLOSE 14.93 Down 15</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 3.96 20.78 763.63 3.20 18.13 666.16</u></div>
<div><u>CK High 4.00 20.82 765.10 3.25 18.18 668.00</u></div>
<div><u>CK Average 3.99 -0.24 20.82 764.89 3.22 -0.47 18.15 666.74</u></div>
<div><u>Essex Cty 4.00 20.82 765.10 3.20 18.13 666.16</u></div>
<div><u>Mdsx Low 3.95 20.77 763.26 3.20 18.13 666.16</u></div>
<div><u>Mdsx High 4.00 20.82 765.10 3.25 18.18 668.00</u></div>
<div><u>Mdsx Average3.97 -0.26 20.79 763.99 3.22 -0.47 18.15 666.90</u></div>
<div><u>Hensall 4.03 20.86 766.32 3.28 18.21 669.23</u></div>
<div><u>Bruce 4.00 20.82 765.10 3.25 18.18 668.00</u></div>
<div><u>Putnam 4.00 20.82 765.10 3.25 18.18 668.00</u></div>
<div><u>Burford 4.01 20.83 765.46 3.26 18.19 668.37</u></div>
<div><u>Port Perry 3.92 20.74 762.16 3.17 18.10 665.06</u></div>
<div><u>Norfolk 4.00 20.82 765.10 3.20 18.13 666.16</u></div>
<div><u>Palmerston 3.89 20.71 761.05 3.24 18.17 667.63</u></div>
<div><u>Varna 3.95 20.77 763.26 3.25 18.18 668.00</u></div>
<div><u>Trenton 4.00 20.82 765.10 3.25 18.18 668.00</u></div>
<div><u>Winchester 3.98 20.80 764.36 3.24 18.17 667.63</u></div>
<div><u>North Gower 4.20 21.02 772.44 3.35 18.28 671.68</u></div>
<div><u>Vankleek Hil4.37 21.19 778.69 3.28 18.21 669.10</u></div>
<div><u>Huron FOB 4.12 4.25 4.27 4.31 20.94 769.51 N/A</u></div>
<div><u>Kent FOB 4.30 21.12 776.12 3.20 18.13 666.16</u></div>
<div><u>Lambton FOB 4.26 21.08 774.65 3.93 18.86 692.99</u></div>
<div><u>Mdsx FOB 3.72 4.22 4.28 N/A 20.54 754.81 3.47 18.40 676.08</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 4.72 21.54 791.55 3.55 18.48 679.02</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 4.60 21.42 787.14 3.80 18.73 688.21</u></div>
<div><u>Prescott N/A 3.58 18.51 680.13</u></div>
<div><u>Port Colborn4.16 20.98 770.97 3.85 18.78 690.05</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.09 16.73 614.89 -0.44 14.49 532.44</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.255 down 0.0018</u></div>
<div><u>Chicago wheat closed slightly to moderately lower.</u></div>
<div><u>JUL22 HI 11.00 1/2 SEP22 HI 10.70</u></div>
<div><u> LOW 10.67 LOW 10.40 3/4</u></div>
<div><u> CLOSE 10.74 1/2 Down 16 3/4 CLOSE 10.49 1/4 Down 12 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>MAY22 HI 10.97 1/2 SEP22 HI 10.75 1/2</u></div>
<div><u> LOW 10.76 LOW 10.55 1/4</u></div>
<div><u> CLOSE 10.82 3/4 Down 6 1/2 CLOSE 10.59 1/4 Down 5 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 N/A N/A N/A N/A 1.40 N/A</u></div>
<div><u>London 1.02 1.40 0.83 N/A 2.01 1.57 1.25 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 1.74 1.30 N/A</u></div>
<div><u>Varna 1.35 1.85 1.10 N/A 2.40 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 1.02 1.40 0.83 0.88 2.01 1.57 1.25 N/A</u></div>
<div><u>North Gower N/A N/A N/A N/A N/A N/A 1.20 N/A</u></div>
<div><u>W O Feed 2.51</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.16 N/A N/A N/A 1.71 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 2.43 N/A N/A N/A 2.68 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 10.56US 13.25CA 10.54US 13.23CA</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 732.94</u></div>
<span><u>DDG's FOB Srn & Aylm 365.00 - 370.00</u></span><br>
</div>
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</u></span></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: 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>
<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>
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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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