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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, January 4</u>
<div class="FluidPluginCopy ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3479 down 0.0198</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chicago corn closed moderately lower to lower.</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u> MAR23 HI 6.71 3/4 DEC23 HI 6.07</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 6.52 1/2 LOW 5.93 3/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE6.53 3/4 Down 16 3/4 CLOSE 5.94 3/4 Down 12</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+MAY23+MAY23</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Low 1.35 7.89 310.52 1.30 7.25 285.32</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK High 1.50 8.04 316.42 1.40 7.35 289.26</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Avg 1.44 -0.62 7.98 314.17 1.35 -0.53 7.30 287.29</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Essex Cty 1.35 7.89 310.52 1.30 7.25 285.32</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Low 1.45 7.99 314.45 1.35 7.30 287.29</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx High 1.45 7.99 314.45 1.35 7.30 287.29</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Avg 1.45 -0.61 7.99 314.45 1.35 -0.53 7.30 287.29</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hensall 1.47 8.00 315.11 1.37 7.31 287.95</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Bruce 1.45 7.99 314.45 1.35 7.30 287.29</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Putnam 1.45 7.99 314.45 1.35 7.30 287.29</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Burford 1.45 7.99 314.45 1.35 7.30 287.29</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Perry 1.05 7.59 298.71 1.25 7.20 283.35</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Norfolk 1.45 7.99 314.45 1.35 7.30 287.29</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Palmerston 1.35 7.89 310.52N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Varna 1.45 7.99 314.45 1.35 7.30 287.29</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Belmore 1.45 7.99 314.45 1.40 7.35 289.26</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Trenton 1.25 7.79 306.58 1.30 7.25 285.32</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Winchester 1.35 7.89 310.52 1.30 7.25 285.32</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>North Gower 1.37 7.91 311.30 1.40 7.35 289.26</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Vankleek Hil 1.53 8.07 317.60 1.46 7.41 291.62</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Huron FOB 1.50 1.55 1.63N/A 8.04 316.42N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Kent FOB 1.65 8.19 322.33 1.35 7.30 287.29</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Lamb FOB 1.80 8.34 328.23N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx FOB 1.50N/A N/A N/A 8.04 316.42 1.25 7.20 283.35</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>FOB SW Que 2.44 8.98 353.43N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Track 2.06 8.60 338.57N/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 7.90 310.91</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 7.85 308.94</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Cardnl-Ing N/A N/A N/A N/A 2.00 7.95 312.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>W O Feed 2.06 8.60 338.57</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>US Rep 2.54 9.08 357.37</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Toledo El. -0.27 6.27 246.76 -0.40 5.54 218.22</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>TRANSFER</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Pt. Colb 1.60 8.14 320.36 1.45 7.40 291.23</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Prescott 2.14 8.68 341.62 1.79 7.74 304.61</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>HI SD CRN 1.50 8.03 3/4</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3479 down 0.0198</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chicago soybeans closed slightly lower.</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u> MAR23 HI 15.06 1/2 NOV23 HI 14.06</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 14.80 3/4 LOW 13.87 1/2</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE14.83 1/2 Down 8 3/4 CLOSE 13.90 3/4 Down 6 1/4</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+MAY23</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Low 4.71 19.55 718.16 4.15 18.06 663.50</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK High 4.85 19.69 723.30 4.30 18.21 669.01</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Average 4.78 -0.28 19.62 720.73 4.20 -0.47 18.11 665.39</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Essex Cty 4.80 19.64 721.46 4.20 18.11 665.34</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Low 4.75 19.59 719.63 4.15 18.06 663.50</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx High 4.80 19.64 721.46 4.25 18.16 667.17</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Average4.76 -0.30 19.60 720.08 4.19 -0.48 18.10 664.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hensall 4.75 19.59 719.63 4.15 18.06 663.50</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Bruce 4.75 19.59 719.63 4.15 18.06 663.50</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Putnam 4.75 19.59 719.63 4.15 18.06 663.50</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Burford 4.82 19.66 722.20 4.27 18.18 667.91</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Perry 4.66 19.50 716.32 4.11 18.02 662.03</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Norfolk 4.80 19.64 721.46 4.25 18.16 667.17</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Palmerston 4.80 19.64 721.46 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Varna 4.75 19.59 719.63 4.15 18.06 663.50</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Trenton 4.75 19.59 719.63 4.20 18.11 665.34</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Winchester 5.00 19.84 728.81 4.20 18.11 665.34</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>North Gower 4.62 19.46 714.85 4.35 18.26 670.85</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Vankleek Hil5.28 20.12 739.10 4.19 18.10 664.97</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Huron FOB 4.84 4.96 5.02 N/A 19.68 722.93 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Kent FOB 5.15 19.99 734.32 4.25 18.16 667.17</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Lambton FOB 5.00 19.84 728.81 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx FOB 5.14 N/A N/A N/A 19.98 733.96 4.26 18.17 667.54</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>PROCESSORS</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Windsor 5.46 20.30 745.71 4.51 18.42 676.73</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>TRANSFER</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hamilton 5.60 20.44 750.86 4.70 18.61 683.71</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Prescott N/A 4.52 18.43 677.09</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Colborn5.09 19.93 732.12 4.74 18.65 685.18</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Toledo El. -0.27 14.57 535.19 -0.61 13.30 488.73</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3479 down 0.0198</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chicago wheat closed lower.</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>MAR23 HI 7.80 1/2 JUL23 HI 7.90</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 7.44 1/4 LOW 7.57 1/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE 7.45 1/2 Down 30 CLOSE 7.58 Down 28 1/2</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Minni wheat closed moderately lower.</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>MAR23 HI 9.20 3/4 SEP23 HI 8.85 3/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> LOW 9.01 3/4 LOW 8.73 3/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u> CLOSE 9.03 1/2 Down 15 3/4 CLOSE 8.74 3/4 Down 13 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 2.63 1.68 1.21 N/A 2.81 1.73 1.32 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 1.35 N/A N/A N/A 1.45 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 1.35 N/A N/A N/A 1.45 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Brigden N/A N/A 1.35 N/A N/A N/A 1.45 N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Palmerston N/A N/A 0.87 2.09 N/A N/A N/A N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Varna 4.15 2.20 1.35 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 2.63 1.68 1.21 2.08 2.81 1.73 1.32 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 2.14</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 1.68 N/A N/A N/A 1.93 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 2.66 N/A N/A N/A 2.50 N/A</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Toledo El. 7.21US 9.71CA 7.33US 9.88CA</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 719.49</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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