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Note: Now using the March 2023 future for old crop soybeans.</div>
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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, December 28</u>
<div class="FluidPluginCopy ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3579 up 0.0054</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 6.83 1/2 DEC23 HI 6.12</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 6.72 3/4 LOW 6.05 1/2</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE6.82 3/4 Up 8 CLOSE 6.11 3/4 Up 4 3/4</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 8.18 321.93 1.30 7.42 292.01</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK High 1.45 8.28 325.87 1.35 7.47 293.98</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Avg 1.43 -0.74 8.26 325.21 1.34 -0.62 7.46 293.65</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Essex Cty 1.35 8.18 321.93 1.30 7.42 292.01</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Low 1.45 8.28 325.87 1.35 7.47 293.98</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx High 1.45 8.28 325.87 1.35 7.47 293.98</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Avg 1.45 -0.73 8.28 325.87 1.35 -0.62 7.47 293.98</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hensall 1.50 8.33 327.84 1.40 7.52 295.95</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Bruce 1.40 8.23 323.90 1.35 7.47 293.98</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Putnam 1.45 8.28 325.87 1.35 7.47 293.98</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Burford 1.40 8.23 323.90 1.30 7.42 292.01</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Perry 1.00 7.83 308.16 1.20 7.32 288.08</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Norfolk 1.45 8.28 325.87 1.35 7.47 293.98</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Palmerston 1.43 8.26 325.08N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Varna 1.50 8.33 327.84 1.40 7.52 295.95</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Belmore 1.40 8.23 323.90 1.40 7.52 295.95</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Trenton 1.25 8.08 318.00 1.25 7.37 290.05</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Winchester 1.40 8.23 323.90 1.35 7.47 293.98</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>North Gower 1.37 8.20 322.72 1.40 7.52 295.95</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Vankleek Hil 1.47 8.30 326.66 1.39 7.51 295.56</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Huron FOB N/A 1.57 1.63 1.71 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Kent FOB 1.50 8.33 327.84 1.35 7.47 293.98</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Lamb FOB 1.60 8.43 331.78N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx FOB 1.50 1.50N/A N/A 8.33 327.84 1.25 7.37 290.05</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>FOB SW Que 2.28 9.11 358.55N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Track 2.26 9.09 357.66N/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 8.07 317.60</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 8.02 315.64</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Cardnl-Ing N/A N/A N/A N/A 2.00 8.12 319.57</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>W O Feed 2.26 9.09 357.66</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>US Rep 2.72 9.55 375.87</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Toledo El. -0.41 6.42 252.75 -0.41 5.71 224.80</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>TRANSFER</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Pt. Colb 1.60 8.43 331.78 1.45 7.57 297.92</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Prescott 2.08 8.91 350.67 1.72 7.84 308.55</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>HI SD CRN 1.45 8.27 3/4</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3579 up 0.0054</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chicago soybeans closed slightly to moderately higher.</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u> MAR23 HI 15.17 1/2 NOV23 HI 14.14 3/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 14.89 1/2 LOW 13.91 3/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE15.14 1/4 Up 25 1/4 CLOSE 14.12 1/4 Up 17 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 +MAR23+MAR23+MAR23</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Low 4.64 19.78 726.88 4.10 18.22 669.56</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK High 4.70 19.84 729.09 4.20 18.32 673.24</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Average 4.69 -0.54 19.83 728.54 4.13 -0.68 18.25 670.66</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Essex Cty 4.70 19.84 729.09 4.10 18.22 669.56</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Low 4.68 19.82 728.35 4.10 18.22 669.56</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx High 4.72 19.86 729.82 4.20 18.32 673.24</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Average4.70 -0.53 19.84 729.09 4.16 -0.66 18.28 671.58</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hensall 4.71 19.85 729.33 4.15 18.27 671.40</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Bruce 4.62 19.76 726.15 4.10 18.22 669.56</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Putnam 4.70 19.84 729.09 4.10 18.22 669.56</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Burford 4.75 19.89 730.92 4.24 18.36 674.71</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Perry 4.59 19.73 725.05 4.08 18.20 668.83</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Norfolk 4.70 19.84 729.09 4.15 18.27 671.40</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Palmerston 4.71 19.85 729.45 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Varna 4.72 19.86 729.82 4.20 18.32 673.24</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Trenton 4.72 19.86 729.82 4.30 18.42 676.91</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Winchester 4.72 19.86 729.82 4.20 18.32 673.24</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>North Gower 4.62 19.76 726.15 4.35 18.47 678.75</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Vankleek Hil5.03 20.17 741.21 4.04 18.16 667.36</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Huron FOB N/A 4.87 5.01 5.04 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Kent FOB 4.95 20.09 738.27 4.15 18.27 671.40</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Lambton FOB 5.07 20.21 742.68 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx FOB 4.92 5.06 N/A N/A 20.06 737.17 4.23 18.35 674.34</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>PROCESSORS</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Windsor 5.50 20.64 758.48 4.64 18.76 689.40</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>TRANSFER</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hamilton 5.45 20.59 756.64 4.60 18.72 687.93</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Prescott N/A 4.36 18.48 679.12</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Colborn5.07 20.21 742.68 4.72 18.84 692.34</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Toledo El. -0.38 14.76 542.42 -0.61 13.51 496.46</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3579 up 0.0054</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chicago wheat closed slightly to moderately higher.</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>MAR23 HI 7.87 1/2 JUL23 HI 7.97 1/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 7.70 3/4 LOW 7.82 1/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE 7.85 1/2 Up 11 CLOSE 7.96 1/4 Up 12</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Minni wheat closed narrowly mixed.</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>MAR23 HI 9.39 SEP23 HI 9.00</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 9.28 1/4 LOW 8.94 1/2</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE 9.34 Down 1/4 CLOSE 8.97 1/4 Up 2 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 2.65 1.70 1.23 N/A 2.82 1.74 1.33 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 1.05 2.26 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 2.65 1.70 1.23 2.12 2.82 1.74 1.33 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 2.37</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 1.70 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 2.71 N/A</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Toledo El. 7.66US 10.39CA 7.71US 10.47CA</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 735.58</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>
<br>
<span style="background:#FDFDFD">Click on this link:<span><span style="color:#333333"> </span></span></span><span><span style="color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span></span><span><span style="color:#333333;background:#FDFDFD"> </span></span><span style="background:#FDFDFD"> to
unsubscribe from this report.</span><br>
<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
<span style="background:#FDFDFD">Grain Farmers of Ontario</span></span><o:p> </o:p></p>
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