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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, December 20</u>
<div class="FluidPluginCopy ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3604 down 0.0046</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chicago corn closed slightly higher.</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u> MAR23 HI 6.54 1/4 DEC23 HI 5.99</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 6.46 3/4 LOW 5.93 1/2</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE6.52 Up 4 3/4 CLOSE 5.96 1/4 Up 1</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 7.87 309.83 1.30 7.26 285.91</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK High 1.45 7.97 313.77 1.40 7.36 289.85</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Avg 1.44 -0.67 7.96 313.20 1.35 -0.59 7.31 287.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Essex Cty 1.35 7.87 309.83 1.30 7.26 285.91</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Low 1.45 7.97 313.77 1.35 7.31 287.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx High 1.45 7.97 313.77 1.35 7.31 287.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Avg 1.45 -0.66 7.97 313.77 1.35 -0.59 7.31 287.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hensall 1.47 7.99 314.42 1.37 7.33 288.54</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Bruce 1.40 7.92 311.80 1.35 7.31 287.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Putnam 1.45 7.97 313.77 1.35 7.31 287.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Burford 1.40 7.92 311.80 1.35 7.31 287.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Perry 1.00 7.52 296.05 1.20 7.16 281.98</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Norfolk 1.45 7.97 313.77 1.35 7.31 287.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Palmerston 1.32 7.84 308.65N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Varna 1.45 7.97 313.77 1.35 7.31 287.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Belmore 1.35 7.87 309.83 1.35 7.31 287.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Trenton 1.25 7.77 305.89 1.25 7.21 283.94</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Winchester 1.60 8.12 319.67 1.40 7.36 289.85</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>North Gower 1.37 7.89 310.62 1.40 7.36 289.85</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Vankleek Hil 1.45 7.97 313.77 1.44 7.40 291.42</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Huron FOB N/A 1.51 1.61 1.69 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Kent FOB 1.50 8.02 315.73 1.35 7.31 287.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Lamb FOB 1.45 7.97 313.77N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx FOB 1.50 1.55N/A N/A 8.02 315.73 1.25 7.21 283.94</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>FOB SW Que 2.28 8.80 346.44N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Track 2.14 8.66 341.06N/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 1.95 7.91 311.50</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 7.86 309.53</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Cardnl-Ing N/A N/A N/A N/A 2.00 7.96 313.47</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>W O Feed 2.14 8.66 341.06</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>US Rep 2.62 9.14 359.83</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Toledo El. -0.41 6.11 240.61 -0.41 5.55 218.67</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>TRANSFER</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Pt. Colb 1.45 7.97 313.77 1.45 7.41 291.82</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Prescott 2.08 8.60 338.57 1.77 7.73 304.42</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>HI SD CRN 1.45 7.97</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>*Wet Bid</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3604 down 0.0046</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 3/4 NOV23 HI 13.95</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 14.60 1/4 LOW 13.80 1/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE14.78 1/2 Up 17 3/4 CLOSE 13.89 1/2 Up 8 1/2</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 4.80 19.59 719.63 4.20 18.10 664.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK High 4.95 19.74 725.14 4.35 18.25 670.39</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Average 4.86 -0.35 19.64 721.78 4.25 -0.56 18.15 666.71</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Essex Cty 4.85 19.64 721.46 4.20 18.10 664.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Low 4.80 19.59 719.63 4.20 18.10 664.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx High 4.90 19.69 723.30 4.29 18.19 668.18</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Average4.85 -0.35 19.64 721.46 4.25 -0.56 18.14 666.62</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hensall 4.80 19.59 719.63 4.20 18.10 664.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Bruce 4.80 19.59 719.63 4.20 18.10 664.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Putnam 4.80 19.59 719.63 4.20 18.10 664.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Burford 4.97 19.76 725.87 4.36 18.26 670.76</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Perry 4.81 19.60 719.99 4.20 18.10 664.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Norfolk 4.85 19.64 721.46 4.25 18.15 666.71</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Palmerston 4.80 19.59 719.63 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Varna 4.80 19.59 719.63 4.20 18.10 664.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Trenton 4.85 19.64 721.46 4.30 18.20 668.55</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Winchester 4.95 19.74 725.14 4.60 18.50 679.57</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>North Gower 4.60 19.39 712.28 4.35 18.25 670.39</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Vankleek Hil4.94 19.73 724.77 4.16 18.06 663.41</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Huron FOB 5.02 5.02 5.04 5.07 19.81 727.71 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Kent FOB 5.10 19.89 730.65 4.25 18.15 666.71</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Lambton FOB 5.12 19.91 731.38 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx FOB 5.13 5.27 N/A N/A 19.92 731.75 4.35 18.25 670.39</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>PROCESSORS</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Windsor 5.58 20.37 748.29 4.64 18.54 681.04</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>TRANSFER</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hamilton 5.60 20.39 749.02 4.70 18.60 683.25</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Prescott N/A 4.38 18.28 671.49</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Colborn5.28 20.07 737.26 4.84 18.74 688.39</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Toledo El. -0.27 14.51 533.26 -0.61 13.28 488.06</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3604 down 0.0046</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chicago wheat closed slightly higher.</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>MAR23 HI 7.61 1/2 JUL23 HI 7.73</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 7.44 3/4 LOW 7.57 3/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE 7.50 1/2 Up 2 CLOSE 7.62 Up 1/4</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Minni wheat closed slightly higher.</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>MAR23 HI 9.22 SEP23 HI 8.95 1/2</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 9.10 LOW 8.87 1/2</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE 9.16 Up 7 3/4 CLOSE 8.90 3/4 Up 4 1/4</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 1.30 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 1.45 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 1.30 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 0.94 2.21 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 2.20</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 1.68 N/A N/A N/A 1.96 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 2.61 N/A</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Toledo El. 7.36US 10.01CA 7.37US 10.03CA</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 747.82</u></div>
<div class="FluidPluginCopy 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>
<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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