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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, December 21</u>
<div class="FluidPluginCopy ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3592 down 0.0012</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chicago corn closed slightly to moderately higher.</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u> MAR23 HI 6.63 DEC23 HI 6.02 3/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 6.51 LOW 5.95</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE6.62 1/4 Up 10 1/4 CLOSE 6.02 1/4 Up 6</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 7.97 313.86 1.30 7.32 288.27</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK High 1.45 8.07 317.80 1.35 7.37 290.24</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Avg 1.44 -0.69 8.06 317.24 1.34 -0.60 7.37 289.96</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Essex Cty 1.35 7.97 313.86 1.30 7.32 288.27</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Low 1.45 8.07 317.80 1.35 7.37 290.24</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx High 1.45 8.07 317.80 1.35 7.37 290.24</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Avg 1.45 -0.68 8.07 317.80 1.35 -0.60 7.37 290.24</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hensall 1.50 8.12 319.77 1.40 7.42 292.21</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Bruce 1.45 8.07 317.80 1.40 7.42 292.21</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Putnam 1.45 8.07 317.80 1.35 7.37 290.24</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Burford 1.40 8.02 315.83 1.35 7.37 290.24</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Perry 1.00 7.62 300.08 1.20 7.22 284.34</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Norfolk 1.45 8.07 317.80 1.35 7.37 290.24</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Palmerston 1.37 7.99 314.65N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Varna 1.50 8.12 319.77 1.40 7.42 292.21</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Belmore 1.35 7.97 313.86 1.35 7.37 290.24</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Trenton 1.25 7.87 309.93 1.25 7.27 286.31</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Winchester 1.40 8.02 315.83 1.40 7.42 292.21</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>North Gower 1.37 7.99 314.65 1.40 7.42 292.21</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Vankleek Hil 1.50 8.12 319.77 1.45 7.47 294.18</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Huron FOB N/A 1.57 1.63 1.70 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Kent FOB 1.50 8.12 319.77 1.35 7.37 290.24</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Lamb FOB 1.45 8.07 317.80N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx FOB 1.50 1.55N/A N/A 8.12 319.77 1.25 7.27 286.31</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>FOB SW Que 2.28 8.90 350.48N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Track 2.17 8.80 346.28N/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 7.97 313.86</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 7.92 311.90</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Cardnl-Ing N/A N/A N/A N/A 2.00 8.02 315.83</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>W O Feed 2.17 8.80 346.28</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>US Rep 2.65 9.27 365.04</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Toledo El. -0.41 6.21 244.66 -0.41 5.61 221.04</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>TRANSFER</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Pt. Colb 1.45 8.07 317.80 1.45 7.47 294.18</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Prescott 2.11 8.73 343.78 1.83 7.85 309.14</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>HI SD CRN 1.45 8.07 1/4</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3592 down 0.0012</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 14.89 NOV23 HI 13.93 1/2</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 14.75 1/4 LOW 13.87</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE14.81 Up 2 1/2 CLOSE 13.90 1/2 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 4.84 19.65 722.01 4.20 18.11 665.24</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK High 4.90 19.71 724.22 4.30 18.21 668.92</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Average 4.86 -0.34 19.67 722.59 4.24 -0.56 18.14 666.66</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Essex Cty 4.85 19.66 722.38 4.20 18.11 665.24</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Low 4.84 19.65 722.01 4.20 18.11 665.24</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx High 4.90 19.71 724.22 4.26 18.17 667.45</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Average4.86 -0.34 19.67 722.75 4.24 -0.55 18.15 666.71</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hensall 4.81 19.62 721.03 4.20 18.11 665.24</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Bruce 4.80 19.61 720.54 4.20 18.11 665.24</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Putnam 4.84 19.65 722.01 4.20 18.11 665.24</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Burford 4.97 19.78 726.79 4.33 18.24 670.02</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Perry 4.81 19.62 720.91 4.17 18.08 664.14</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Norfolk 4.85 19.66 722.38 4.25 18.16 667.08</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Palmerston 4.83 19.64 721.65 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Varna 4.80 19.61 720.54 4.20 18.11 665.24</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Trenton 4.80 19.61 720.54 4.30 18.21 668.92</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Winchester 4.80 19.61 720.54 4.40 18.31 672.59</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>North Gower 4.60 19.41 713.20 4.35 18.26 670.76</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Vankleek Hil4.98 19.79 727.16 4.19 18.10 664.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Huron FOB 5.08 5.10 5.13 N/A 19.89 730.83 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Kent FOB 5.10 19.91 731.57 4.25 18.16 667.08</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Lambton FOB 5.12 19.93 732.30 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx FOB 5.13 5.27 N/A N/A 19.94 732.67 4.32 18.23 669.65</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>PROCESSORS</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Windsor 5.58 20.39 749.20 4.64 18.55 681.41</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>TRANSFER</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hamilton 5.60 20.41 749.94 4.70 18.61 683.62</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Prescott N/A 4.54 18.45 677.74</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Colborn5.28 20.09 738.18 4.80 18.71 687.29</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Toledo El. -0.27 14.54 534.19 -0.61 13.29 488.45</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3592 down 0.0012</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chicago wheat closed moderately higher.</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>MAR23 HI 7.74 1/2 JUL23 HI 7.84 1/2</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 7.48 3/4 LOW 7.60 1/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE 7.67 3/4 Up 17 1/4 CLOSE 7.79 1/2 Up 17 1/2</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Minni wheat closed slightly to moderately higher.</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>MAR23 HI 9.28 1/4 SEP23 HI 9.00</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 9.12 1/2 LOW 8.95</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE 9.27 3/4 Up 11 3/4 CLOSE 8.99 1/4 Up 8 1/2</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 2.69 1.74 1.26 N/A 2.86 1.77 1.37 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 1.30 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 1.30 N/A N/A N/A 1.40 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Brigden N/A N/A 1.30 N/A N/A N/A 1.40 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Palmerston N/A N/A 1.01 2.25 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 2.69 1.74 1.26 2.13 2.86 1.77 1.37 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 2.25</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 1.73 N/A N/A N/A 1.91 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 2.66 N/A</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Toledo El. 7.48US 10.16CA 7.55US 10.25CA</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 751.79</u></div>
<div class="FluidPluginCopy ContentPasted0 elementToProof"><u>DDG's FOB Aylm 360.00</u></div>
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<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);" class="elementToProof">
<span style="font-family: "Courier New"; font-size: 10pt;">Blair Andrews</span><o:p style="color: inherit; font-family: "Courier New"; font-size: 10pt; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit;"> </o:p><br>
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<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>
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<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
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<span style="font-size:10.0pt;font-family:"Courier New"">Fax. 519-674-1530<br>
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