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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, January 6</u>
<div class="FluidPluginCopy ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3428 down 0.0132</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chicago corn closed narrowly mixed.</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>      MAR23   HI 6.59  1/2                    DEC23    HI 5.94  3/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>             LOW 6.51  3/4                            LOW 5.90  1/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>            CLOSE6.54   Up 1 1/4                    CLOSE 5.91   Down  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+MAY23+MAY23</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Low       1.35                        7.89 310.62  1.30         7.21 283.85</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK High      1.45                        7.99 314.55  1.35         7.26 285.81</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Avg       1.43                  -0.61 7.97 313.71  1.34 -0.51   7.25 285.53</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Essex Cty    1.35                        7.89 310.62  1.30         7.21 283.85</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Low     1.40                        7.94 312.58  1.35         7.26 285.81</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx High    1.45                        7.99 314.55  1.35         7.26 285.81</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Avg     1.43                  -0.60 7.97 313.90  1.35 -0.50   7.26 285.81</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hensall      1.47                        8.01 315.21  1.37         7.28 286.47</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Bruce        1.40                        7.94 312.58  1.35         7.26 285.81</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Putnam       1.45                        7.99 314.55  1.35         7.26 285.81</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Burford      1.40                        7.94 312.58  1.35         7.26 285.81</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Perry   1.00                        7.54 296.84  1.25         7.16 281.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Norfolk      1.45                        7.99 314.55  1.35         7.26 285.81</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Palmerston   1.32                        7.86 309.43N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Varna        1.45                        7.99 314.55  1.35         7.26 285.81</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Belmore      1.45                        7.99 314.55  1.40         7.31 287.78</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Trenton      1.25                        7.79 306.68  1.30         7.21 283.85</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Winchester   1.40                        7.94 312.58  1.40         7.31 287.78</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>North Gower  1.37                        7.91 311.40  1.40         7.31 287.78</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Vankleek Hil 1.65                        8.19 322.43  1.38         7.29 286.99</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Huron FOB    1.50  1.55  1.61N/A         8.04 316.52N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Kent FOB     1.65                        8.19 322.43  1.35         7.26 285.81</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Lamb FOB     1.70                        8.24 324.39N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx FOB     1.55  1.70N/A   N/A         8.09 318.49  1.30         7.21 283.85</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>FOB SW Que   2.35                        8.89 349.98N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Track        2.02                        8.56 336.99N/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                      1.84         7.75 305.10</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         7.81 307.47</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Cardnl-Ing  N/A  N/A   N/A   N/A                      2.00         7.91 311.40</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>W O Feed     2.02                        8.56 336.99</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>US Rep       2.50                        9.04 355.89</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Toledo El.  -0.27                        6.27 246.90 -0.40         5.51 216.81</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>TRANSFER</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Pt. Colb     1.45                        7.99 314.55  1.45         7.36 289.75</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Prescott     2.04                        8.58 337.78  1.91         7.82 307.86</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>HI SD CRN    1.45                        7.99</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3428 down 0.0132</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 14.98  1/4              NOV23     HI 13.98</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>             LOW 14.71  1/2                       LOW 13.83  1/2</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>            CLOSE14.92  1/2  Up 21 3/4          CLOSE 13.97  1/4  Up 14 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+MAY23</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Low      4.70                         19.63 721.10  4.10        18.07 664.05</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK High     4.80                         19.73 724.77  4.20        18.17 667.73</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Average  4.76                   -0.27 19.68 723.19  4.14 -0.48  18.11 665.52</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Essex Cty   4.80                         19.73 724.77  4.10        18.07 664.05</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Low    4.70                         19.63 721.10  4.10        18.07 664.05</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx High   4.79                         19.72 724.40  4.17        18.14 666.62</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Average4.74                   -0.28 19.66 722.38  4.13 -0.49  18.10 665.15</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hensall     4.73                         19.66 722.32  4.13        18.11 665.28</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Bruce       4.70                         19.63 721.10  4.10        18.07 664.05</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Putnam      4.70                         19.63 721.10  4.10        18.07 664.05</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Burford     4.86                         19.79 726.97  4.24        18.21 669.19</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Perry  4.70                         19.63 721.10  4.08        18.05 663.32</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Norfolk     4.75                         19.68 722.93  4.15        18.12 665.89</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Palmerston  4.62                         19.55 718.16  N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Varna       4.75                         19.68 722.93  4.15        18.12 665.89</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Trenton     4.75                         19.68 722.93  4.15        18.12 665.89</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Winchester  5.00                         19.93 732.12  4.35        18.32 673.24</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>North Gower 4.62                         19.55 718.16  4.35        18.32 673.24</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Vankleek Hil5.21                         20.14 739.83  4.18        18.15 666.99</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Huron FOB   4.80  4.91  4.95  N/A        19.73 724.77  N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Kent FOB    5.05                         19.98 733.96  4.15        18.12 665.89</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Lambton FOB 4.90                         19.83 728.44  N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx FOB    5.02  5.15  N/A   N/A        19.95 732.85  4.23        18.20 668.83</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>PROCESSORS</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Windsor     5.50                         20.43 750.49  4.52        18.49 679.48</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>TRANSFER</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hamilton    5.50                         20.43 750.49  4.60        18.57 682.42</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Prescott     N/A                                       4.45        18.42 676.91</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Colborn N/A                                       4.71        18.68 686.46</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Toledo El.  -0.27                        14.66 538.53 -0.60        13.37 491.20</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3428 down 0.0132</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chicago wheat closed slightly lower.</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>MAR23      HI     7.56  3/4            JUL23   HI      7.68  3/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>           LOW    7.42  1/2                    LOW     7.55  1/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>           CLOSE  7.43  1/2  Down 3 1/4        CLOSE   7.56  1/4  Down 3</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        9.15              SEP23   HI         8.87</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>           LOW       9.01                      LOW     8.74  1/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>           CLOSE  9.01  3/4  Down 7 1/4        CLOSE   8.75  3/4  Down 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    1.35    N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>London      2.59   1.64   1.17    N/A    2.77    1.69   1.28    N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hensall     4.20    N/A   1.30    N/A    2.95    N/A    1.35    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    1.35    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    1.35    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   0.84   2.07    N/A     N/A     N/A    N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Varna       4.10   2.15   1.30    N/A    2.65    1.90   1.35    N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mitchell    4.20    N/A   1.30    N/A    2.95    1.90   1.35    N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Thornton    2.59   1.64   1.17   2.07    2.77    1.69   1.28    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   1.64    N/A    N/A     N/A    1.89    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   2.55    N/A    N/A     N/A    2.46    N/A</u></div>
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<div class="FluidPluginCopy ContentPasted0"><u>Toledo El. 7.19US        9.65CA         7.31US         9.82CA</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            735.92</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>DDG's FOB Aylm            360.00</u></div>
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<span style="font-family: "Courier New"; font-size: 10pt;">Blair Andrews</span><o:p style="color: inherit; font-family: "Courier New"; font-size: 10pt; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit; background-color: ;"> </o:p><br>
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<span style="font-size:10.0pt;font-family:"Courier New"">Editor, AgriLink and Farm Market News
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<span style="font-size:10.0pt;font-family:"Courier New"">University of Guelph, Ridgetown Campus<o:p> </o:p></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes"> 
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