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Note: U.S. Markets were closed today for the Thanksgiving holiday. We're sending a report today because of a few basis changes, primarily in the Soybean report.</div>
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Thank you.</div>
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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, November 24</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.334 down 0.0025</u></div>
<div class="ContentPasted0"><u>Markets in the U.S. were closed for the Thanksgiving holiday.</u></div>
<div class="ContentPasted0"><u>On Nov. 23,Chicago corn closed slightly higher.</u></div>
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<div class="ContentPasted0"><u>      DEC22   HI 6.63  3/4                    DEC23    HI 6.09</u></div>
<div class="ContentPasted0"><u>             LOW 6.55  3/4                            LOW 6.04</u></div>
<div class="ContentPasted0"><u>            CLOSE6.63  1/4  Up 6 1/2                CLOSE 6.08  1/2  Up 3 1/4</u></div>
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<div class="ContentPasted0"><u>            OLD CROP BASIS                          NEW CROP BASIS</u></div>
<div class="ContentPasted0"><u>Location    Spot   1mt   2mt   3mt U.S. $/bu   $/mt Cntrct U.S.   $/bu   $/mt</u></div>
<div class="ContentPasted0"><u>ELEVATORS        +MAR23+MAR23+MAR23</u></div>
<div class="ContentPasted0"><u>CK Low       1.35                        7.98 314.26  1.25         7.34 288.77</u></div>
<div class="ContentPasted0"><u>CK High      1.45                        8.08 318.19  1.35         7.44 292.70</u></div>
<div class="ContentPasted0"><u>CK Avg       1.41                  -0.60 8.05 316.79  1.29 -0.56   7.37 290.17</u></div>
<div class="ContentPasted0"><u>Essex Cty    1.35                        7.98 314.26  1.25         7.34 288.77</u></div>
<div class="ContentPasted0"><u>Mdsx Low     1.40                        8.03 316.23  1.25         7.34 288.77</u></div>
<div class="ContentPasted0"><u>Mdsx High    1.45                        8.08 318.19  1.30         7.39 290.73</u></div>
<div class="ContentPasted0"><u>Mdsx Avg     1.42                  -0.60 8.05 316.88  1.28 -0.56   7.37 290.08</u></div>
<div class="ContentPasted0"><u>Hensall      1.45                        8.08 318.19  1.32         7.40 291.39</u></div>
<div class="ContentPasted0"><u>Bruce        1.35                        7.98 314.26  1.20         7.29 286.80</u></div>
<div class="ContentPasted0"><u>Putnam       1.40                        8.03 316.23  1.30         7.39 290.73</u></div>
<div class="ContentPasted0"><u>Burford      1.40                        8.03 316.23  1.25         7.34 288.77</u></div>
<div class="ContentPasted0"><u>Port Perry   1.05                        7.68 302.45  1.20         7.29 286.80</u></div>
<div class="ContentPasted0"><u>Norfolk      1.45                        8.08 318.19  1.30         7.39 290.73</u></div>
<div class="ContentPasted0"><u>Palmerston   1.31                        7.94 312.68N/A</u></div>
<div class="ContentPasted0"><u>Varna        1.45                        8.08 318.19  1.30         7.39 290.73</u></div>
<div class="ContentPasted0"><u>Belmore      1.30                        7.93 312.29  1.30         7.39 290.73</u></div>
<div class="ContentPasted0"><u>Trenton      1.30                        7.93 312.29  1.25         7.34 288.77</u></div>
<div class="ContentPasted0"><u>Winchester   1.55                        8.18 322.13  1.45         7.54 296.64</u></div>
<div class="ContentPasted0"><u>North Gower  1.30                        7.93 312.29  1.35         7.44 292.70</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 1.21                        7.84 308.75  1.45         7.54 296.64</u></div>
<div class="ContentPasted0"><u>Huron FOB   N/A  N/A     1.50  1.57                 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB    N/A                                       1.30         7.39 290.73</u></div>
<div class="ContentPasted0"><u>Lamb FOB     1.30                        7.93 312.29N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB    N/A    1.40  1.55  1.60                 N/A</u></div>
<div class="ContentPasted0"><u>FOB SW Que   2.23                        8.86 348.90N/A</u></div>
<div class="ContentPasted0"><u>Track        1.95                        8.58 337.88N/A</u></div>
<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Chat-Eth    N/A  N/A   N/A   N/A                      1.72         7.81 307.27</u></div>
<div class="ContentPasted0"><u>Jhnstwn-Eth N/A  N/A   N/A   N/A                      1.92         8.01 315.14</u></div>
<div class="ContentPasted0"><u>Aylmer-Eth  N/A  N/A   N/A   N/A                    N/A</u></div>
<div class="ContentPasted0"><u>Sarn-Eth    N/A  N/A   N/A   N/A                    N/A</u></div>
<div class="ContentPasted0"><u>London-Ing  N/A  N/A   N/A   N/A                      1.70         7.79 306.48</u></div>
<div class="ContentPasted0"><u>Cardnl-Ing  N/A  N/A   N/A   N/A                      1.95         8.04 316.32</u></div>
<div class="ContentPasted0"><u>W O Feed     1.95                        8.58 337.88</u></div>
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<div class="ContentPasted0"><u>US Rep       2.48                        9.11 358.74</u></div>
<div class="ContentPasted0"><u>Toledo El.  -0.60                        6.03 237.48 -0.40         5.68 223.80</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb     1.45                        8.08 318.19  1.35         7.44 292.70</u></div>
<div class="ContentPasted0"><u>Prescott     1.70                        8.33 328.04  1.71         7.80 306.88</u></div>
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<div class="ContentPasted0"><u>HI SD CRN    1.45                        8.08 1/4</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.334 down 0.0025</u></div>
<div class="ContentPasted0"><u>On Nov. 23, Chicago soybeans closed slightly higher.</u></div>
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<div class="ContentPasted0"><u>      JAN23   HI 14.41                   NOV23     HI 13.80  1/2</u></div>
<div class="ContentPasted0"><u>             LOW 14.22  1/4                       LOW 13.70</u></div>
<div class="ContentPasted0"><u>            CLOSE14.36   Up 6 1/4               CLOSE 13.77  3/4  Up 1 1/2</u></div>
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<div class="ContentPasted0"><u>            OLD CROP                                  NEW CROP</u></div>
<div class="ContentPasted0"><u>Location    Basis  1mt   2mt   3mt  U.S.  $/bu   $/mt Basis  U.S.   $/bu   $/mt</u></div>
<div class="ContentPasted0"><u>ELEVATORS        +JAN23+JAN23+MAR23</u></div>
<div class="ContentPasted0"><u>CK Low      4.50                         18.86 692.99  3.90        17.68 649.54</u></div>
<div class="ContentPasted0"><u>CK High     4.65                         19.01 698.50  4.00        17.78 653.21</u></div>
<div class="ContentPasted0"><u>CK Average  4.53                   -0.20 18.89 694.25  3.96 -0.48  17.73 651.64</u></div>
<div class="ContentPasted0"><u>Essex Cty   4.50                         18.86 692.99  3.90        17.68 649.54</u></div>
<div class="ContentPasted0"><u>Mdsx Low    4.50                         18.86 692.99  3.95        17.73 651.37</u></div>
<div class="ContentPasted0"><u>Mdsx High   4.58                         18.94 695.93  4.00        17.78 653.21</u></div>
<div class="ContentPasted0"><u>Mdsx Average4.52                   -0.21 18.88 693.72  3.99 -0.46  17.76 652.66</u></div>
<div class="ContentPasted0"><u>Hensall     4.50                         18.86 692.99  4.00        17.78 653.21</u></div>
<div class="ContentPasted0"><u>Bruce       4.50                         18.86 692.99  4.00        17.78 653.21</u></div>
<div class="ContentPasted0"><u>Putnam      4.50                         18.86 692.99  4.00        17.78 653.21</u></div>
<div class="ContentPasted0"><u>Burford     4.65                         19.01 698.50  4.06        17.84 655.42</u></div>
<div class="ContentPasted0"><u>Port Perry  4.49                         18.85 692.62  3.90        17.68 649.54</u></div>
<div class="ContentPasted0"><u>Norfolk     4.50                         18.86 692.99  3.95        17.73 651.37</u></div>
<div class="ContentPasted0"><u>Palmerston  4.39                         18.75 688.94  N/A</u></div>
<div class="ContentPasted0"><u>Varna       4.50                         18.86 692.99  4.00        17.78 653.21</u></div>
<div class="ContentPasted0"><u>Trenton     4.50                         18.86 692.99  4.00        17.78 653.21</u></div>
<div class="ContentPasted0"><u>Winchester  4.63                         18.99 697.76  3.90        17.68 649.54</u></div>
<div class="ContentPasted0"><u>North Gower 4.25                         18.61 683.80  4.00        17.78 653.21</u></div>
<div class="ContentPasted0"><u>Vankleek Hil4.48                         18.84 692.25  4.06        17.84 655.42</u></div>
<div class="ContentPasted0"><u>Huron FOB    N/A  4.59  4.61  4.61                     N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB    4.60                         18.96 696.66  3.95        17.73 651.37</u></div>
<div class="ContentPasted0"><u>Lambton FOB 4.45                         18.81 691.15  N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB    4.53  N/A   N/A   N/A        18.89 694.09  N/A</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor      N/A                                       4.18        17.96 659.83</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton    5.20                         19.56 718.71  4.40        18.18 667.91</u></div>
<div class="ContentPasted0"><u>Prescott    4.75                         19.11 702.17  4.17        17.95 659.46</u></div>
<div class="ContentPasted0"><u>Port Colborn5.06                         19.42 713.56  4.41        18.19 668.28</u></div>
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<div class="ContentPasted0"><u>Toledo El.  -0.27                        14.09 517.84 -0.60        13.18 484.18</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.334 down 0.0025</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed slightly higher on Nov.23</u></div>
<div class="ContentPasted0"><u>DEC22      HI     7.97  1/2            JUL23   HI      8.27  1/2</u></div>
<div class="ContentPasted0"><u>           LOW    7.81  1/4                    LOW        8.13</u></div>
<div class="ContentPasted0"><u>           CLOSE  7.93  1/2  Up 2              CLOSE   8.25  3/4  Up 3 1/4</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed mixed on Nov. 23.</u></div>
<div class="ContentPasted0"><u>DEC22      HI     9.61  1/4            SEP23   HI         9.33</u></div>
<div class="ContentPasted0"><u>           LOW    9.44  1/2                    LOW     9.23  1/2</u></div>
<div class="ContentPasted0"><u>           CLOSE  9.57  3/4  Up 11 3/4         CLOSE   9.28  1/4  Down 2 1/4</u></div>
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<div class="ContentPasted0"><u>Direct MarkHarvest 2022                Harvest 2023</u></div>
<div class="ContentPasted0"><u>           DELIVERED BASIS             DELIVERED BASIS</u></div>
<div class="ContentPasted0"><u>Location   SWW(C) HRW(C) SRW(C) HRS(M) SWW(C)  HRW(C)  SRW(C) HRS(M)</u></div>
<div class="ContentPasted0"><u>ELEVATORS</u></div>
<div class="ContentPasted0"><u>Brgssvll     N/A    N/A   1.45    N/A    N/A     N/A    1.40    N/A</u></div>
<div class="ContentPasted0"><u>London      3.15   1.94   1.47    N/A    2.85    1.78   1.38    N/A</u></div>
<div class="ContentPasted0"><u>Hensall     4.30    N/A   1.45    N/A    2.95    N/A    1.40    N/A</u></div>
<div class="ContentPasted0"><u>Trenton      N/A    N/A    N/A    N/A    N/A     N/A    1.50    N/A</u></div>
<div class="ContentPasted0"><u>Bruce       2.45   1.95   1.45   1.15    2.40    1.90   1.40   1.15</u></div>
<div class="ContentPasted0"><u>Essex        N/A    N/A   1.45    N/A    N/A     N/A    1.40    N/A</u></div>
<div class="ContentPasted0"><u>Norwich     4.30    N/A   1.45    N/A    2.95    N/A    1.40    N/A</u></div>
<div class="ContentPasted0"><u>Port Hope    N/A    N/A   1.45    N/A    N/A     N/A    1.40    N/A</u></div>
<div class="ContentPasted0"><u>Kent Bridge 4.30    N/A   1.45    N/A    2.95    N/A    1.40    N/A</u></div>
<div class="ContentPasted0"><u>Chatham      N/A    N/A   1.45    N/A    N/A     N/A    1.40    N/A</u></div>
<div class="ContentPasted0"><u>Brigden      N/A    N/A   1.45    N/A    N/A     N/A    1.40    N/A</u></div>
<div class="ContentPasted0"><u>Palmerston   N/A   2.11   1.31   2.06    N/A     N/A     N/A    N/A</u></div>
<div class="ContentPasted0"><u>Varna       4.30   2.35   1.50    N/A    2.75    2.00   1.45    N/A</u></div>
<div class="ContentPasted0"><u>Mitchell    4.30    N/A   1.45    N/A    2.95    1.95   1.40    N/A</u></div>
<div class="ContentPasted0"><u>Thornton    3.15   1.94   1.47   2.08    2.85    1.78   1.38    N/A</u></div>
<div class="ContentPasted0"><u>North Gower  N/A   0.95   1.35   1.22    N/A     1.10   1.50   1.17</u></div>
<div class="ContentPasted0"><u>W O Feed                  2.19</u></div>
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<div class="ContentPasted0"><u>TERMINAL</u></div>
<div class="ContentPasted0"><u>Port Colbor  N/A    N/A   1.67    N/A    N/A     N/A    1.91    N/A</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Toledo FM    N/A    N/A   2.58    N/A    N/A     N/A    2.62    N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 7.64US        10.18CA        8.01US         10.68CA</u></div>
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<div class="ContentPasted0"><u>(C)-Basis over the Chicago Board of Trade futures</u></div>
<div class="ContentPasted0"><u>(M)-Basis over the Minneapolis Grain Exchange</u></div>
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<div class="ContentPasted0"><u>FEED GRAINS</u></div>
<div class="ContentPasted0"><u>FOB Hm Soymeal            672.09</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm            360.00</u></div>
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<p 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 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>
<p 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
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<span style="font-size:10.0pt;font-family:"Courier New"">Fax. 519-674-1530<br>
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