<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 class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
<u><br>
</u></div>
<div class="elementToProof ContentPasted0" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, December 19</u>
<div class="FluidPluginCopy ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.365 down 0.0037</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chicago corn closed slightly lower.</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>      MAR23   HI 6.50  3/4                    DEC23    HI 5.97  1/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>             LOW 6.44                                 LOW 5.93</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>            CLOSE6.47  1/4  Down 5 3/4              CLOSE 5.95  1/4  Down 2 1/4</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<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                        7.82 307.96  1.30         7.25 285.52</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK High      1.45                        7.92 311.90  1.40         7.35 289.46</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Avg       1.44                  -0.68 7.91 311.33  1.35 -0.60   7.30 287.49</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Essex Cty    1.35                        7.82 307.96  1.30         7.25 285.52</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Low     1.45                        7.92 311.90  1.35         7.30 287.49</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx High    1.45                        7.92 311.90  1.35         7.30 287.49</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Avg     1.45                  -0.67 7.92 311.90  1.35 -0.60   7.30 287.49</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hensall      1.47                        7.94 312.55  1.37         7.32 288.14</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Bruce        1.40                        7.87 309.93  1.35         7.30 287.49</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Putnam       1.45                        7.92 311.90  1.35         7.30 287.49</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Burford      1.40                        7.87 309.93  1.35         7.30 287.49</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Perry   1.00                        7.47 294.18  1.20         7.15 281.58</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Norfolk      1.45                        7.92 311.90  1.35         7.30 287.49</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Palmerston   1.34                        7.81 307.56N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Varna        1.45                        7.92 311.90  1.35         7.30 287.49</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Belmore      1.35                        7.82 307.96  1.35         7.30 287.49</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Trenton      1.20                        7.67 302.05  1.25         7.20 283.55</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Winchester   1.60                        8.07 317.80  1.40         7.35 289.46</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>North Gower  1.37                        7.84 308.75  1.40         7.35 289.46</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Vankleek Hil 1.49                        7.96 313.47  1.45         7.40 291.42</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Huron FOB   N/A    1.55  1.61  1.70                 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Kent FOB     1.50                        7.97 313.86  1.35         7.30 287.49</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Lamb FOB     1.45                        7.92 311.90N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx FOB     1.50  1.55N/A   N/A         7.97 313.86  1.25         7.20 283.55</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>FOB SW Que   2.43                        8.90 350.48N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Track        2.15                        8.62 339.32N/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                      1.94         7.89 310.71</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         7.85 309.14</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Cardnl-Ing  N/A  N/A   N/A   N/A                      2.00         7.95 313.08</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>W O Feed     2.15                        8.62 339.32</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>US Rep       2.63                        9.10 358.35</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Toledo El.  -0.41                        6.06 238.69 -0.41         5.54 218.22</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>TRANSFER</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Pt. Colb     1.45                        7.92 311.90  1.45         7.40 291.42</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Prescott     2.10                        8.57 337.48  1.80         7.75 305.20</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>HI SD CRN    1.45                        7.92 1/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>*Wet Bid</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.365 down 0.0037</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chicago soybeans closed slightly to moderately lower.</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>      JAN23   HI 14.76                   NOV23     HI 13.86  3/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>             LOW 14.60                            LOW 13.78  1/2</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>            CLOSE14.60  3/4  Down 19 1/4        CLOSE 13.81   Down 8 1/4</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<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                         19.46 714.94  4.24        18.05 663.22</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK High     4.95                         19.56 718.62  4.35        18.16 667.27</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Average  4.89                   -0.32 19.50 716.36  4.28 -0.56  18.09 664.59</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Essex Cty   4.90                         19.51 716.78  4.25        18.06 663.59</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Low    4.85                         19.46 714.94  4.25        18.06 663.59</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx High   4.91                         19.52 717.15  4.30        18.11 665.43</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Average4.88                   -0.33 19.49 715.95  4.27 -0.56  18.08 664.33</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hensall     4.85                         19.46 714.94  4.25        18.06 663.59</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Bruce       4.85                         19.46 714.94  4.25        18.06 663.59</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Putnam      4.85                         19.46 714.94  4.25        18.06 663.59</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Burford     4.98                         19.59 719.72  4.35        18.16 667.27</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Perry  4.82                         19.43 713.84  4.19        18.00 661.39</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Norfolk     4.90                         19.51 716.78  4.30        18.11 665.43</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Palmerston  4.84                         19.45 714.57  N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Varna       4.85                         19.46 714.94  4.25        18.06 663.59</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Trenton     4.85                         19.46 714.94  4.25        18.06 663.59</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Winchester  4.95                         19.56 718.62  4.60        18.41 676.45</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>North Gower 4.50                         19.11 702.08  4.25        18.06 663.59</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Vankleek Hil4.97                         19.58 719.35  4.19        18.00 661.39</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Huron FOB   5.06  5.06  5.08  5.11       19.67 722.66  N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Kent FOB    5.15                         19.76 725.96  4.30        18.11 665.43</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Lambton FOB 5.12                         19.73 724.86  N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx FOB    5.12  5.26  N/A   N/A        19.73 724.86  4.34        18.15 666.90</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>PROCESSORS</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Windsor     5.58                         20.19 741.76  4.64        18.45 677.92</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>TRANSFER</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hamilton    5.65                         20.26 744.34  4.75        18.56 681.96</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Prescott    5.27                         19.88 730.37  4.46        18.27 671.31</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Colborn5.27                         19.88 730.37  4.83        18.64 684.90</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Toledo El.  -0.27                        14.33 526.70 -0.61        13.20 484.86</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.365 down 0.0037</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chicago wheat closed slightly lower.</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>MAR23      HI     7.59  3/4            JUL23   HI      7.72  1/2</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>           LOW    7.38  3/4                    LOW     7.52  3/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>           CLOSE  7.48  1/2  Down 5            CLOSE   7.61  3/4  Down 3 3/4</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Minni wheat closed slightly lower.</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>MAR23      HI        9.13              SEP23   HI         8.89</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>           LOW    9.00  3/4                    LOW     8.81  1/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>           CLOSE  9.08  1/4  Down 1 1/4        CLOSE   8.86  1/2  Down 2 1/2</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<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      2.64   1.69   1.21    N/A    2.92    1.83   1.42    N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hensall     4.20    N/A   1.30    N/A    2.95    N/A    1.40    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    1.40    N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Norwich     4.20    N/A   1.30    N/A    2.95    N/A    1.40    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 4.20    N/A   1.30    N/A    2.95    N/A    1.40    N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chatham      N/A    N/A   1.25    N/A    N/A     N/A    1.40    N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Brigden      N/A    N/A   1.25    N/A    N/A     N/A    1.40    N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Palmerston   N/A    N/A   0.97   2.23    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    4.20    N/A   1.30    N/A    2.95    1.90   1.40    N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Thornton    2.64   1.69   1.21   2.13    2.92    1.83   1.42    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                  2.23</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>TERMINAL</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Colbor  N/A    N/A   1.68    N/A    N/A     N/A    1.96    N/A</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<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    2.64    N/A</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Toledo El. 7.34US        10.01CA        7.37US         10.06CA</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<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>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>FEED GRAINS</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>FOB Hm Soymeal            744.18</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>DDG's FOB Aylm            360.00</u></div>
<div class="FluidPluginCopy ContentPasted0"><br>
</div>
<div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<br>
</div>
<div id="Signature">
<div>
<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>
<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
<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"">Fax. 519-674-1530<br>
<br>
<span style="background:#FDFDFD">Click on this link:<span><span style="color:#333333"> </span></span></span><span><span style="color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span></span><span><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> </o:p></p>
</div>
</div>
</div>
</div>
</body>
</html>