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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, December 27</u>
<div class="FluidPluginCopy ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3525 down 0.0071</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 6.75 3/4 DEC23 HI 6.07</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 6.67 1/4 LOW 6.02 1/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE6.74 3/4 Up 8 1/2 CLOSE 6.07 Up 5 1/4</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 8.10 318.78 1.30 7.37 290.14</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK High 1.45 8.20 322.72 1.35 7.42 292.11</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Avg 1.43 -0.70 8.18 322.07 1.34 -0.59 7.41 291.78</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Essex Cty 1.35 8.10 318.78 1.30 7.37 290.14</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Low 1.45 8.20 322.72 1.35 7.42 292.11</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx High 1.45 8.20 322.72 1.35 7.42 292.11</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Avg 1.45 -0.69 8.20 322.72 1.35 -0.58 7.42 292.11</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hensall 1.50 8.25 324.69 1.40 7.47 294.08</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Bruce 1.40 8.15 320.75 1.35 7.42 292.11</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Putnam 1.45 8.20 322.72 1.35 7.42 292.11</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Burford 1.40 8.15 320.75 1.35 7.42 292.11</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Perry 1.00 7.75 305.01 1.20 7.27 286.21</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Norfolk 1.45 8.20 322.72 1.35 7.42 292.11</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Palmerston 1.34 8.09 318.39N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Varna 1.50 8.25 324.69 1.40 7.47 294.08</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Belmore 1.40 8.15 320.75 1.40 7.47 294.08</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Trenton 1.25 8.00 314.85 1.25 7.32 288.18</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Winchester 1.40 8.15 320.75 1.40 7.47 294.08</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>North Gower 1.37 8.12 319.57 1.40 7.47 294.08</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Vankleek Hil 1.47 8.22 323.51 1.39 7.46 293.69</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 8.25 324.69 1.35 7.42 292.11</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Lamb FOB 1.60 8.35 328.63N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx FOB 1.50 1.50N/A N/A 8.25 324.69 1.25 7.32 288.18</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>FOB SW Que 2.29 9.04 355.79N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Track 2.17 8.92 351.16N/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 8.02 315.73</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 7.97 313.77</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Cardnl-Ing N/A N/A N/A N/A 2.00 8.07 317.70</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>W O Feed 2.17 8.92 351.16</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>US Rep 2.63 9.38 369.18</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Toledo El. -0.41 6.34 249.66 -0.41 5.66 222.99</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>TRANSFER</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Pt. Colb 1.45 8.20 322.72 1.45 7.52 296.05</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Prescott 2.08 8.83 347.52 1.72 7.79 306.68</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>HI SD CRN 1.45 8.19 3/4</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3525 down 0.0071</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 15.16 3/4 NOV23 HI 14.09 3/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 14.78 1/4 LOW 13.91</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE14.82 1/4 Up 3 1/4 CLOSE 13.94 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 4.75 19.57 719.17 4.10 18.05 663.04</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK High 4.85 19.67 722.84 4.25 18.20 668.55</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Average 4.79 -0.32 19.61 720.64 4.16 -0.56 18.10 665.18</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Essex Cty 4.75 19.57 719.17 4.10 18.05 663.04</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Low 4.75 19.57 719.17 4.10 18.05 663.04</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx High 4.89 19.71 724.31 4.29 18.24 670.02</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Average4.80 -0.31 19.63 721.10 4.19 -0.54 18.13 666.16</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hensall 4.79 19.61 720.64 4.17 18.11 665.49</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Bruce 4.70 19.52 717.33 4.10 18.05 663.04</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Putnam 4.77 19.59 719.90 4.10 18.05 663.04</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Burford 4.96 19.78 726.88 4.36 18.31 672.59</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Perry 4.80 19.62 721.00 4.20 18.15 666.71</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Norfolk 4.75 19.57 719.17 4.15 18.10 664.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Palmerston 4.66 19.48 715.86 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Varna 4.80 19.62 721.00 4.20 18.15 666.71</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Trenton 4.80 19.62 721.00 4.30 18.25 670.39</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Winchester 4.80 19.62 721.00 4.44 18.39 675.53</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>North Gower 4.70 19.52 717.33 4.35 18.30 672.23</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Vankleek Hil5.10 19.92 732.03 4.04 17.99 660.84</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Huron FOB 5.09 5.09 5.09 5.12 19.91 731.66 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Kent FOB 5.00 19.82 728.35 4.15 18.10 664.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Lambton FOB 5.15 19.97 733.86 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx FOB 5.13 5.27 N/A N/A 19.95 733.13 4.34 18.29 671.86</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>PROCESSORS</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Windsor 5.58 20.40 749.66 4.64 18.59 682.88</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>TRANSFER</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hamilton 5.50 20.32 746.72 4.60 18.55 681.41</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Prescott N/A 4.36 18.31 672.59</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Colborn5.28 20.10 738.64 4.83 18.78 689.86</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Toledo El. -0.27 14.55 534.69 -0.61 13.34 490.03</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3525 down 0.0071</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chicago wheat closed slightly lower.</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>MAR23 HI 7.84 1/2 JUL23 HI 7.94 1/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 7.69 LOW 7.80 1/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE 7.74 1/2 Down 1 1/2 CLOSE 7.84 1/4 Down 2</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Minni wheat closed mixed.</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>MAR23 HI 9.40 SEP23 HI 9.01 3/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 9.26 3/4 LOW 8.92 3/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE 9.34 1/4 Up 2 1/2 CLOSE 8.95 Down 3 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 2.72 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 0.96 2.20 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 2.27</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 2.63 N/A</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Toledo El. 7.55US 10.20CA 7.59US 10.27CA</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 733.93</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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