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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, December 22</u>
<div class="FluidPluginCopy ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3656 up 0.0064</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 6.64 3/4 DEC23 HI 6.03 1/2</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 6.58 3/4 LOW 6.00 1/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE6.60 1/2 Down 1 3/4 CLOSE 6.01 1/4 Down 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 7.96 313.17 1.30 7.31 287.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK High 1.45 8.06 317.11 1.35 7.36 289.85</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Avg 1.44 -0.72 8.04 316.55 1.34 -0.63 7.36 289.57</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Essex Cty 1.35 7.96 313.17 1.30 7.31 287.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Low 1.45 8.06 317.11 1.35 7.36 289.85</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx High 1.45 8.06 317.11 1.35 7.36 289.85</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Avg 1.45 -0.71 8.06 317.11 1.35 -0.62 7.36 289.85</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hensall 1.50 8.11 319.08 1.40 7.41 291.82</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Bruce 1.45 8.06 317.11 1.40 7.41 291.82</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Putnam 1.45 8.06 317.11 1.35 7.36 289.85</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Burford 1.40 8.01 315.14 1.35 7.36 289.85</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Perry 1.00 7.61 299.40 1.20 7.21 283.94</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Norfolk 1.45 8.06 317.11 1.35 7.36 289.85</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Palmerston 1.40 8.01 315.14N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Varna 1.50 8.11 319.08 1.40 7.41 291.82</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Belmore 1.40 8.01 315.14 1.40 7.41 291.82</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Trenton 1.25 7.86 309.24 1.25 7.26 285.91</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Winchester 1.40 8.01 315.14 1.40 7.41 291.82</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>North Gower 1.37 7.98 313.96 1.40 7.41 291.82</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Vankleek Hil 1.53 8.14 320.26 1.48 7.49 294.97</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Huron FOB N/A 1.57 1.63 1.74 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Kent FOB 1.50 8.11 319.08 1.35 7.36 289.85</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Lamb FOB 1.45 8.06 317.11N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx FOB 1.50 1.50N/A N/A 8.11 319.08 1.25 7.26 285.91</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>FOB SW Que 2.61 9.22 362.78N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Track 2.24 8.85 348.31N/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 7.96 313.47</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 7.91 311.50</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Cardnl-Ing N/A N/A N/A N/A 2.00 8.01 315.44</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>W O Feed 2.24 8.85 348.31</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>US Rep 2.69 9.30 365.93</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Toledo El. -0.41 6.20 243.90 -0.41 5.60 220.57</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>TRANSFER</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Pt. Colb 1.45 8.06 317.11 1.45 7.46 293.79</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Prescott 2.14 8.75 344.28 1.81 7.82 307.96</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>HI SD CRN 1.45 8.05 1/2</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3656 up 0.0064</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chicago soybeans closed slightly lower.</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u> JAN23 HI 14.84 NOV23 HI 13.93 1/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 14.63 1/2 LOW 13.80</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE14.67 3/4 Down 13 1/4 CLOSE 13.81 3/4 Down 8 3/4</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 19.52 717.15 4.20 18.02 662.03</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK High 4.90 19.58 719.35 4.30 18.12 665.70</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Average 4.85 -0.37 19.53 717.67 4.24 -0.59 18.06 663.60</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Essex Cty 4.85 19.53 717.51 4.20 18.02 662.03</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Low 4.80 19.48 715.68 4.20 18.02 662.03</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx High 4.89 19.57 718.98 4.29 18.11 665.34</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Average4.85 -0.38 19.52 717.33 4.24 -0.60 18.05 663.32</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hensall 4.81 19.49 716.17 4.20 18.02 662.03</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Bruce 4.80 19.48 715.68 4.20 18.02 662.03</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Putnam 4.84 19.52 717.15 4.20 18.02 662.03</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Burford 4.96 19.64 721.55 4.36 18.18 667.91</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Perry 4.80 19.48 715.68 4.20 18.02 662.03</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Norfolk 4.85 19.53 717.51 4.25 18.07 663.87</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Palmerston 4.84 19.52 717.15 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Varna 4.80 19.48 715.68 4.20 18.02 662.03</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Trenton 4.80 19.48 715.68 4.30 18.12 665.70</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Winchester 4.80 19.48 715.68 4.44 18.26 670.85</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>North Gower 4.70 19.38 712.00 4.35 18.17 667.54</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Vankleek Hil5.16 19.84 728.90 4.22 18.04 662.76</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Huron FOB 5.09 5.09 5.09 5.12 19.77 726.33 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Kent FOB 5.10 19.78 726.70 4.25 18.07 663.87</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Lambton FOB 5.12 19.80 727.43 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx FOB 5.13 5.27 N/A N/A 19.81 727.80 4.34 18.16 667.17</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>PROCESSORS</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Windsor 5.58 20.26 744.34 4.64 18.46 678.20</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>TRANSFER</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hamilton 5.60 20.28 745.07 4.70 18.52 680.40</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Prescott N/A 4.54 18.36 674.52</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Colborn5.28 19.96 733.31 4.83 18.65 685.18</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Toledo El. -0.27 14.40 529.27 -0.61 13.20 485.13</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3656 up 0.0064</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chicago wheat closed slightly lower.</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>MAR23 HI 7.77 JUL23 HI 7.88 1/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 7.58 LOW 7.71 1/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE 7.62 1/4 Down 5 1/2 CLOSE 7.74 3/4 Down 4 3/4</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 9.34 3/4 SEP23 HI 9.00 3/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 9.20 1/4 LOW 8.90</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE 9.22 1/4 Down 5 1/2 CLOSE 8.91 1/4 Down 8</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 2.72 1.76 1.29 N/A 2.90 1.81 1.40 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 1.02 2.31 N/A N/A N/A N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Varna 4.20 2.25 1.40 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 2.72 1.76 1.29 2.19 2.90 1.81 1.40 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>North Gower N/A 1.00 1.40 1.47 N/A 1.25 1.65 1.37</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>W O Feed 2.34</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 2.70 N/A</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Toledo El. 7.42US 10.14CA 7.50US 10.24CA</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 734.15</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>
<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>
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