<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1">
<style type="text/css" style="display:none;"> P {margin-top:0;margin-bottom:0;} </style>
</head>
<body dir="ltr">
<div class="elementToProof" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
<u><br>
</u></div>
<div class="elementToProof ContentPasted0" style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0); background-color: rgb(255, 255, 255);">
<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, January 9</u>
<div class="FluidPluginCopy ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3367 down 0.0061</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chicago corn closed slightly lower.</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>      MAR23   HI 6.57                         DEC23    HI 5.93  1/2</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>             LOW 6.50  3/4                            LOW 5.89  1/2</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>            CLOSE6.52  3/4  Down 1 1/4              CLOSE 5.90  1/4  Down  3/4</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<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       1.20                        7.73 304.22  1.20         7.10 279.61</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK High      1.40                        7.93 312.09  1.30         7.20 283.55</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Avg       1.36                  -0.63 7.88 310.40  1.28 -0.53   7.18 282.71</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Essex Cty    1.30                        7.83 308.16  1.25         7.15 281.58</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Low     1.40                        7.93 312.09  1.30         7.20 283.55</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx High    1.40                        7.93 312.09  1.30         7.20 283.55</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Avg     1.40                  -0.60 7.93 312.09  1.30 -0.51   7.20 283.55</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hensall      1.42                        7.94 312.75  1.32         7.22 284.21</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Bruce        1.40                        7.93 312.09  1.30         7.20 283.55</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Putnam       1.40                        7.93 312.09  1.30         7.20 283.55</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Burford      1.40                        7.93 312.09  1.30         7.20 283.55</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Perry   1.00                        7.53 296.34  1.20         7.10 279.61</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Norfolk      1.40                        7.93 312.09  1.30         7.20 283.55</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Palmerston   1.26                        7.79 306.58N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Varna        1.40                        7.93 312.09  1.30         7.20 283.55</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Belmore      1.30                        7.83 308.16  1.30         7.20 283.55</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Trenton      1.20                        7.73 304.22  1.30         7.20 283.55</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Winchester   1.20                        7.73 304.22  1.20         7.10 279.61</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>North Gower  1.37                        7.90 310.91  1.40         7.30 287.49</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Vankleek Hil 1.65                        8.18 321.93  1.38         7.28 286.70</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Huron FOB    1.40  1.45  1.50N/A         7.93 312.09N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Kent FOB     1.60                        8.13 319.97  1.30         7.20 283.55</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Lamb FOB     1.70                        8.23 323.90N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx FOB     1.50  1.55N/A   N/A         8.03 316.03  1.25         7.15 281.58</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>FOB SW Que   2.54                        9.07 356.97N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Track        1.98                        8.51 334.93N/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                    N/A</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         7.80 307.17</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Cardnl-Ing  N/A  N/A   N/A   N/A                      2.00         7.90 311.11</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>W O Feed     1.98                        8.51 334.93</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>US Rep       2.46                        8.99 353.82</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Toledo El.  -0.27                        6.26 246.45 -0.40         5.50 216.58</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>TRANSFER</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Pt. Colb     1.40                        7.93 312.09  1.35         7.25 285.52</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Prescott     2.04                        8.57 337.29  1.91         7.81 307.56</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>HI SD CRN    1.40                        7.92 3/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>*Wet Bid</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3367 down 0.0061</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chicago soybeans closed slightly lower.</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>      MAR23   HI 15.01  3/4              NOV23     HI 14.02  1/2</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>             LOW 14.86  3/4                       LOW 13.89  1/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>            CLOSE14.88  1/2  Down 4             CLOSE 13.91  3/4  Down 5 1/2</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<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      4.55                         19.44 714.11  3.95        17.87 656.52</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK High     4.65                         19.54 717.79  4.10        18.02 662.03</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Average  4.58                   -0.32 19.47 715.27  4.00 -0.51  17.92 658.46</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Essex Cty   4.60                         19.49 715.95  3.95        17.87 656.52</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Low    4.55                         19.44 714.11  4.00        17.92 658.36</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx High   4.70                         19.59 719.63  4.10        18.02 662.03</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Average4.60                   -0.31 19.49 716.04  4.03 -0.49  17.95 659.37</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hensall     4.55                         19.44 714.11  4.00        17.92 658.36</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Bruce       4.55                         19.44 714.11  4.00        17.92 658.36</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Putnam      4.55                         19.44 714.11  4.00        17.92 658.36</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Burford     4.68                         19.57 718.89  4.08        18.00 661.29</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Perry  4.52                         19.41 713.01  3.92        17.84 655.42</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Norfolk     4.55                         19.44 714.11  4.00        17.92 658.36</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Palmerston  4.55                         19.44 714.11  N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Varna       4.55                         19.44 714.11  4.00        17.92 658.36</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Trenton     4.55                         19.44 714.11  4.00        17.92 658.36</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Winchester  4.70                         19.59 719.63  4.00        17.92 658.36</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>North Gower 4.62                         19.51 716.69  4.35        18.27 671.22</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Vankleek Hil5.21                         20.10 738.36  4.18        18.10 664.97</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Huron FOB   4.60  4.71  4.79  N/A        19.49 715.95  N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Kent FOB    4.85                         19.74 725.14  4.00        17.92 658.36</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Lambton FOB 4.90                         19.79 726.97  N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx FOB    4.88  5.01  N/A   N/A        19.77 726.24  4.07        17.99 660.93</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>PROCESSORS</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Windsor     5.50                         20.39 749.02  4.52        18.44 677.46</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>TRANSFER</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hamilton    5.30                         20.19 741.67  4.45        18.37 674.89</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Prescott     N/A                                       4.45        18.37 674.89</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Colborn N/A                                       4.56        18.48 678.93</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Toledo El.  -0.27                        14.62 537.11 -0.60        13.32 489.28</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3367 down 0.0061</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chicago wheat closed slightly lower.</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>MAR23      HI     7.58                 JUL23   HI      7.69  1/2</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>           LOW    7.40  1/4                    LOW        7.53</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>           CLOSE  7.41  1/2  Down 2            CLOSE   7.55  1/4  Down 1</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Minni wheat closed slightly higher.</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>MAR23      HI     9.10  3/4            SEP23   HI         8.83</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>           LOW    9.00  1/2                    LOW        8.75</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>           CLOSE  9.02   Up  1/4               CLOSE   8.76  3/4  Up 1</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<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   1.20    N/A    N/A     N/A    1.30    N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>London      2.46   1.65   1.05    N/A    2.63    1.69   1.22    N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hensall     4.10    N/A   1.20    N/A    2.95    N/A    1.30    N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Trenton      N/A    N/A    N/A    N/A    N/A     N/A    1.40    N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Bruce       2.20   1.70   1.20   1.15    2.30    1.80   1.30   1.15</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Essex        N/A    N/A   1.20    N/A    N/A     N/A    1.30    N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Norwich     4.10    N/A   1.20    N/A    2.95    N/A    1.30    N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Hope    N/A    N/A   1.20    N/A    N/A     N/A    1.30    N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Kent Bridge 4.10    N/A   1.20    N/A    2.95    N/A    1.30    N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chatham      N/A    N/A   1.20    N/A    N/A     N/A    1.30    N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Brigden      N/A    N/A   1.20    N/A    N/A     N/A    1.30    N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Palmerston   N/A    N/A   0.80   1.98    N/A     N/A     N/A    N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Varna       4.05   2.10   1.25    N/A    2.60    1.85   1.30    N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mitchell    4.10    N/A   1.20    N/A    2.95    1.90   1.30    N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Thornton    2.46   1.65   1.18   1.93    2.63    1.69   1.22    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                  2.09</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>TERMINAL</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Colbor  N/A    N/A   1.65    N/A    N/A     N/A    1.83    N/A</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>PROCESSORS</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Toledo FM    N/A    N/A   2.50    N/A    N/A     N/A    2.41    N/A</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Toledo El. 7.17US        9.58CA         7.30US         9.76CA</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<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>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>FEED GRAINS</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>FOB Hm Soymeal            733.38</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>DDG's FOB Aylm            370.00</u></div>
<div class="FluidPluginCopy ContentPasted0"><u><br>
</u></div>
<div class="FluidPluginCopy ContentPasted0"><span style="font-family: "Courier New"; font-size: 10pt;"><br>
</span></div>
<div class="FluidPluginCopy ContentPasted0"><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;"> </o:p><br>
</div>
<div>
<div id="Signature">
<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>
</div>
</div>
</div>
</body>
</html>