FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, December 27 (All Bases in CAD) Exchange rate was 1.3525 down 0.0071 Chicago corn closed slightly to moderately higher. MAR23 HI 6.75 3/4 DEC23 HI 6.07 LOW 6.67 1/4 LOW 6.02 1/4 CLOSE6.74 3/4 Up 8 1/2 CLOSE 6.07 Up 5 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR23+MAR23+MAY23 CK Low 1.35 8.10 318.78 1.30 7.37 290.14 CK High 1.45 8.20 322.72 1.35 7.42 292.11 CK Avg 1.43 -0.70 8.18 322.07 1.34 -0.59 7.41 291.78 Essex Cty 1.35 8.10 318.78 1.30 7.37 290.14 Mdsx Low 1.45 8.20 322.72 1.35 7.42 292.11 Mdsx High 1.45 8.20 322.72 1.35 7.42 292.11 Mdsx Avg 1.45 -0.69 8.20 322.72 1.35 -0.58 7.42 292.11 Hensall 1.50 8.25 324.69 1.40 7.47 294.08 Bruce 1.40 8.15 320.75 1.35 7.42 292.11 Putnam 1.45 8.20 322.72 1.35 7.42 292.11 Burford 1.40 8.15 320.75 1.35 7.42 292.11 Port Perry 1.00 7.75 305.01 1.20 7.27 286.21 Norfolk 1.45 8.20 322.72 1.35 7.42 292.11 Palmerston 1.34 8.09 318.39N/A Varna 1.50 8.25 324.69 1.40 7.47 294.08 Belmore 1.40 8.15 320.75 1.40 7.47 294.08 Trenton 1.25 8.00 314.85 1.25 7.32 288.18 Winchester 1.40 8.15 320.75 1.40 7.47 294.08 North Gower 1.37 8.12 319.57 1.40 7.47 294.08 Vankleek Hil 1.47 8.22 323.51 1.39 7.46 293.69 Huron FOB N/A 1.57 1.63 1.74 N/A Kent FOB 1.50 8.25 324.69 1.35 7.42 292.11 Lamb FOB 1.60 8.35 328.63N/A Mdsx FOB 1.50 1.50N/A N/A 8.25 324.69 1.25 7.32 288.18 FOB SW Que 2.29 9.04 355.79N/A Track 2.17 8.92 351.16N/A PROCESSORS Chat-Eth N/A N/A N/A N/A N/A Jhnstwn-Eth N/A N/A N/A N/A 1.95 8.02 315.73 Aylmer-Eth N/A N/A N/A N/A N/A Sarn-Eth N/A N/A N/A N/A N/A London-Ing N/A N/A N/A N/A 1.90 7.97 313.77 Cardnl-Ing N/A N/A N/A N/A 2.00 8.07 317.70 W O Feed 2.17 8.92 351.16 US Rep 2.63 9.38 369.18 Toledo El. -0.41 6.34 249.66 -0.41 5.66 222.99 TRANSFER Pt. Colb 1.45 8.20 322.72 1.45 7.52 296.05 Prescott 2.08 8.83 347.52 1.72 7.79 306.68 HI SD CRN 1.45 8.19 3/4 *Wet Bid Exchange rate was 1.3525 down 0.0071 Chicago soybeans closed slightly higher. JAN23 HI 15.16 3/4 NOV23 HI 14.09 3/4 LOW 14.78 1/4 LOW 13.91 CLOSE14.82 1/4 Up 3 1/4 CLOSE 13.94 1/2 Up 1 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JAN23+MAR23+MAR23 CK Low 4.75 19.57 719.17 4.10 18.05 663.04 CK High 4.85 19.67 722.84 4.25 18.20 668.55 CK Average 4.79 -0.32 19.61 720.64 4.16 -0.56 18.10 665.18 Essex Cty 4.75 19.57 719.17 4.10 18.05 663.04 Mdsx Low 4.75 19.57 719.17 4.10 18.05 663.04 Mdsx High 4.89 19.71 724.31 4.29 18.24 670.02 Mdsx Average4.80 -0.31 19.63 721.10 4.19 -0.54 18.13 666.16 Hensall 4.79 19.61 720.64 4.17 18.11 665.49 Bruce 4.70 19.52 717.33 4.10 18.05 663.04 Putnam 4.77 19.59 719.90 4.10 18.05 663.04 Burford 4.96 19.78 726.88 4.36 18.31 672.59 Port Perry 4.80 19.62 721.00 4.20 18.15 666.71 Norfolk 4.75 19.57 719.17 4.15 18.10 664.88 Palmerston 4.66 19.48 715.86 N/A Varna 4.80 19.62 721.00 4.20 18.15 666.71 Trenton 4.80 19.62 721.00 4.30 18.25 670.39 Winchester 4.80 19.62 721.00 4.44 18.39 675.53 North Gower 4.70 19.52 717.33 4.35 18.30 672.23 Vankleek Hil5.10 19.92 732.03 4.04 17.99 660.84 Huron FOB 5.09 5.09 5.09 5.12 19.91 731.66 N/A Kent FOB 5.00 19.82 728.35 4.15 18.10 664.88 Lambton FOB 5.15 19.97 733.86 N/A Mdsx FOB 5.13 5.27 N/A N/A 19.95 733.13 4.34 18.29 671.86 PROCESSORS Windsor 5.58 20.40 749.66 4.64 18.59 682.88 TRANSFER Hamilton 5.50 20.32 746.72 4.60 18.55 681.41 Prescott N/A 4.36 18.31 672.59 Port Colborn5.28 20.10 738.64 4.83 18.78 689.86 Toledo El. -0.27 14.55 534.69 -0.61 13.34 490.03 Exchange rate was 1.3525 down 0.0071 Chicago wheat closed slightly lower. MAR23 HI 7.84 1/2 JUL23 HI 7.94 1/4 LOW 7.69 LOW 7.80 1/4 CLOSE 7.74 1/2 Down 1 1/2 CLOSE 7.84 1/4 Down 2 Minni wheat closed mixed. MAR23 HI 9.40 SEP23 HI 9.01 3/4 LOW 9.26 3/4 LOW 8.92 3/4 CLOSE 9.34 1/4 Up 2 1/2 CLOSE 8.95 Down 3 1/4 Direct MarkHarvest 2022 Harvest 2023 DELIVERED BASIS DELIVERED BASIS Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M) ELEVATORS Brgssvll N/A N/A 1.30 N/A N/A N/A 1.40 N/A London 2.72 1.76 1.29 N/A 2.90 1.81 1.40 N/A Hensall 4.20 N/A 1.30 N/A 2.95 N/A 1.40 N/A Trenton N/A N/A N/A N/A N/A N/A 1.45 N/A Bruce 2.30 1.80 1.30 1.15 2.40 1.90 1.40 1.15 Essex N/A N/A 1.30 N/A N/A N/A 1.40 N/A Norwich 4.20 N/A 1.30 N/A 2.95 N/A 1.40 N/A Port Hope N/A N/A 1.30 N/A N/A N/A 1.40 N/A Kent Bridge 4.20 N/A 1.30 N/A 2.95 N/A 1.40 N/A Chatham N/A N/A 1.30 N/A N/A N/A 1.40 N/A Brigden N/A N/A 1.30 N/A N/A N/A 1.40 N/A Palmerston N/A N/A 0.96 2.20 N/A N/A N/A N/A Varna 4.20 2.25 1.40 N/A 2.70 1.95 1.40 N/A Mitchell 4.20 N/A 1.30 N/A 2.95 1.90 1.40 N/A Thornton 2.72 1.76 1.29 2.19 2.90 1.81 1.40 N/A North Gower N/A 1.00 1.40 1.47 N/A 1.25 1.65 1.37 W O Feed 2.27 TERMINAL Port Colbor N/A N/A 1.76 N/A N/A N/A 1.94 N/A PROCESSORS Toledo FM N/A N/A N/A N/A N/A N/A 2.63 N/A Toledo El. 7.55US 10.20CA 7.59US 10.27CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 733.93 DDG's FOB Aylm 360.00