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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, December 16</u>
<div class="FluidPluginCopy ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3687 up 0.0045</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chicago corn closed slightly lower.</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u> MAR23 HI 6.55 3/4 DEC23 HI 5.99</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 6.50 LOW 5.96</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE6.53 Down 1/2 CLOSE 5.97 1/2 Down 1/2</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u> OLD CROP BASIS NEW CROP BASIS</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>ELEVATORS +MAR23+MAR23+MAY23</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Low 1.35 7.88 310.22 1.30 7.28 286.40</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK High 1.45 7.98 314.16 1.35 7.33 288.37</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Avg 1.44 -0.71 7.97 313.60 1.34 -0.63 7.32 288.09</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Essex Cty 1.35 7.88 310.22 1.30 7.28 286.40</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Low 1.45 7.98 314.16 1.35 7.33 288.37</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx High 1.45 7.98 314.16 1.35 7.33 288.37</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Avg 1.45 -0.70 7.98 314.16 1.35 -0.62 7.33 288.37</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hensall 1.47 8.00 314.81 1.37 7.34 289.03</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Bruce 1.45 7.98 314.16 1.35 7.33 288.37</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Putnam 1.45 7.98 314.16 1.35 7.33 288.37</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Burford 1.40 7.93 312.19 1.35 7.33 288.37</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Perry 1.00 7.53 296.44 1.20 7.18 282.47</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Norfolk 1.45 7.98 314.16 1.35 7.33 288.37</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Palmerston 1.38 7.91 311.40N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Varna 1.45 7.98 314.16 1.35 7.33 288.37</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Belmore 1.35 7.88 310.22 1.35 7.33 288.37</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Trenton 1.20 7.73 304.32 1.25 7.23 284.44</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Winchester 1.55 8.08 318.10 1.45 7.43 292.31</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>North Gower 1.37 7.90 311.01 1.40 7.38 290.34</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Vankleek Hil 1.49 8.02 315.73 1.45 7.43 292.31</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Huron FOB N/A 1.55 1.61 1.74 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Kent FOB 1.50 8.03 316.13 1.35 7.33 288.37</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Lamb FOB 1.45 7.98 314.16N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx FOB 1.50 1.55N/A N/A 8.03 316.13 1.25 7.23 284.44</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>FOB SW Que 2.52 9.05 356.28N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Track 2.20 8.73 343.55N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>PROCESSORS</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chat-Eth N/A N/A N/A N/A N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Jhnstwn-Eth N/A N/A N/A N/A 1.88 7.86 309.24</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Aylmer-Eth N/A N/A N/A N/A N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Sarn-Eth N/A N/A N/A N/A N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>London-Ing N/A N/A N/A N/A 1.90 7.88 310.03</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Cardnl-Ing N/A N/A N/A N/A 2.00 7.98 313.96</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>W O Feed 2.20 8.73 343.55</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>US Rep 2.68 9.21 362.58</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Toledo El. -0.41 6.12 240.91 -0.41 5.56 219.06</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>TRANSFER</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Pt. Colb 1.45 7.98 314.16 1.45 7.43 292.31</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Prescott 2.10 8.63 339.75 1.80 7.78 306.09</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>HI SD CRN 1.45 7.98</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3687 up 0.0045</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chicago soybeans closed slightly higher.</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u> JAN23 HI 14.86 NOV23 HI 13.92 3/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 14.65 1/2 LOW 13.79 3/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE14.80 Up 6 1/2 CLOSE 13.89 1/4 Up 1</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u> OLD CROP NEW CROP</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>ELEVATORS +JAN23+MAR23+MAR23</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Low 4.85 19.65 722.01 4.25 18.14 666.62</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK High 4.95 19.75 725.69 4.35 18.24 670.30</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Average 4.89 -0.41 19.69 723.59 4.29 -0.61 18.18 667.99</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Essex Cty 4.90 19.70 723.85 4.25 18.14 666.62</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Low 4.80 19.60 720.18 4.20 18.09 664.79</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx High 4.94 19.74 725.32 4.35 18.24 670.30</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Average4.87 -0.43 19.67 722.84 4.28 -0.62 18.17 667.54</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hensall 4.85 19.65 722.01 4.25 18.14 666.62</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Bruce 4.90 19.70 723.85 4.30 18.19 668.46</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Putnam 4.85 19.65 722.01 4.25 18.14 666.62</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Burford 5.01 19.81 727.89 4.42 18.31 672.87</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Perry 4.85 19.65 722.01 4.26 18.15 666.99</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Norfolk 4.90 19.70 723.85 4.30 18.19 668.46</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Palmerston 4.86 19.66 722.38 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Varna 4.85 19.65 722.01 4.25 18.14 666.62</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Trenton 4.80 19.60 720.18 4.20 18.09 664.79</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Winchester 5.00 19.80 727.53 4.55 18.44 677.65</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>North Gower 4.50 19.30 709.15 4.25 18.14 666.62</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Vankleek Hil4.97 19.77 726.42 4.19 18.08 664.42</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Huron FOB 4.87 5.13 5.15 N/A 19.67 722.75 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Kent FOB 5.15 19.95 733.04 4.30 18.19 668.46</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Lambton FOB 5.12 19.92 731.93 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx FOB 5.27 5.40 N/A N/A 20.07 737.45 4.46 18.35 674.34</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>PROCESSORS</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Windsor 5.58 20.38 748.84 4.64 18.53 680.95</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>TRANSFER</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hamilton 5.65 20.45 751.41 4.75 18.64 684.99</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Prescott 5.27 20.07 737.45 4.46 18.35 674.34</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Colborn5.36 20.16 740.75 4.90 18.79 690.51</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Toledo El. -0.27 14.53 533.75 -0.62 13.28 487.83</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3687 up 0.0045</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chicago wheat closed slightly lower.</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>MAR23 HI 7.64 1/4 JUL23 HI 7.76</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 7.50 3/4 LOW 7.64</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE 7.53 1/2 Down 3 3/4 CLOSE 7.65 1/2 Down 5</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Minni wheat closed slightly lower.</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>MAR23 HI 9.22 1/4 SEP23 HI 8.97 1/2</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 9.09 LOW 8.88 1/2</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE 9.09 1/2 Down 9 1/4 CLOSE 8.89 Down 6</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Direct MarkHarvest 2022 Harvest 2023</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> DELIVERED BASIS DELIVERED BASIS</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>ELEVATORS</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Brgssvll N/A N/A 1.20 N/A N/A N/A 1.40 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>London 2.73 1.77 1.29 N/A 2.91 1.81 1.40 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hensall 4.10 N/A 1.20 N/A 2.90 N/A 1.35 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Trenton N/A N/A N/A N/A N/A N/A 1.40 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Bruce 2.30 1.80 1.30 1.15 2.40 1.90 1.40 1.15</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Essex N/A N/A 1.25 N/A N/A N/A 1.45 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Norwich 4.10 N/A 1.20 N/A 2.90 N/A 1.35 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Hope N/A N/A 1.20 N/A N/A N/A 1.40 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Kent Bridge 4.10 N/A 1.20 N/A 2.90 N/A 1.35 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chatham N/A N/A 1.25 N/A N/A N/A 1.45 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Brigden N/A N/A 1.25 N/A N/A N/A 1.45 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Palmerston N/A N/A 1.02 2.28 N/A N/A N/A N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Varna 4.10 2.15 1.30 N/A 2.70 1.95 1.40 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mitchell 4.10 N/A 1.20 N/A 2.90 1.90 1.35 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Thornton 2.73 1.77 1.29 2.22 2.91 1.81 1.40 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>North Gower N/A 0.90 1.30 1.42 N/A 1.20 1.60 1.32</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>W O Feed 2.26</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>TERMINAL</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Colbor N/A N/A 1.76 N/A N/A N/A 1.94 N/A</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>PROCESSORS</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Toledo FM N/A N/A N/A N/A N/A N/A 2.69 N/A</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Toledo El. 7.39US 10.11CA 7.41US 10.14CA</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>(C)-Basis over the Chicago Board of Trade futures</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>(M)-Basis over the Minneapolis Grain Exchange</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>FEED GRAINS</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>FOB Hm Soymeal 759.51</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>DDG's FOB Aylm 355.00</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>
<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"">University of Guelph, Ridgetown Campus<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""><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"">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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