<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 Tue, January 10</u>
<div class="FluidPluginCopy ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Exchange rate was 1.3418 up 0.0051</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chicago corn closed narrowly mixed.</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>      MAR23   HI 6.64                         DEC23    HI 5.95</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>             LOW 6.48  1/4                            LOW 5.86  1/2</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>            CLOSE6.55   Up 2 1/4                    CLOSE 5.89  1/4  Down 1</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       1.30                        7.85 309.04  1.25         7.14 281.19</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK High      1.40                        7.95 312.98  1.30         7.19 283.16</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Avg       1.39                  -0.64 7.94 312.42  1.29 -0.54   7.19 282.88</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Essex Cty    1.30                        7.85 309.04  1.25         7.14 281.19</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Low     1.40                        7.95 312.98  1.30         7.19 283.16</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx High    1.40                        7.95 312.98  1.30         7.19 283.16</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Avg     1.40                  -0.63 7.95 312.98  1.30 -0.53   7.19 283.16</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hensall      1.42                        7.97 313.63  1.32         7.21 283.81</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Bruce        1.40                        7.95 312.98  1.30         7.19 283.16</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Putnam       1.40                        7.95 312.98  1.30         7.19 283.16</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Burford      1.40                        7.95 312.98  1.30         7.19 283.16</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Perry   1.00                        7.55 297.23  1.20         7.09 279.22</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Norfolk      1.40                        7.95 312.98  1.30         7.19 283.16</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Palmerston   1.32                        7.87 309.83N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Varna        1.40                        7.95 312.98  1.30         7.19 283.16</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Belmore      1.30                        7.85 309.04  1.30         7.19 283.16</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Trenton      1.20                        7.75 305.10  1.30         7.19 283.16</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Winchester   1.20                        7.75 305.10  1.35         7.24 285.12</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>North Gower  1.37                        7.92 311.80  1.40         7.29 287.09</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Vankleek Hil 1.65                        8.20 322.82  1.38         7.27 286.31</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Huron FOB    1.40  1.45  1.50N/A         7.95 312.98N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Kent FOB     1.60                        8.15 320.85  1.30         7.19 283.16</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Lamb FOB     1.70                        8.25 324.79N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx FOB     1.50  1.55N/A   N/A         8.05 316.91  1.25         7.14 281.19</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>FOB SW Que   2.52                        9.07 357.07N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Track        2.05                        8.60 338.37N/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         7.79 306.78</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Cardnl-Ing  N/A  N/A   N/A   N/A                      2.00         7.89 310.71</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>W O Feed     2.05                        8.60 338.37</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>US Rep       2.49                        9.04 355.89</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Toledo El.  -0.27                        6.28 247.30 -0.40         5.49 216.13</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                        7.95 312.98  1.35         7.24 285.12</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Prescott     2.04                        8.59 338.17  1.91         7.80 307.17</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                        7.951</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 1.3418 up 0.0051</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chicago soybeans closed slightly lower to steady.</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>      MAR23   HI 15.00  3/4              NOV23     HI 14.01  3/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>             LOW 14.74                            LOW 13.82  1/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>            CLOSE14.85   Down 3 1/2             CLOSE 13.90  1/2  Down 1 1/4</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      4.50                         19.35 710.99  3.95        17.86 656.06</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK High     4.65                         19.50 716.50  4.10        18.01 661.57</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>CK Average  4.56                   -0.38 19.41 713.35  4.00 -0.56  17.91 658.00</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Essex Cty   4.60                         19.45 714.67  3.95        17.86 656.06</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Low    4.54                         19.39 712.46  4.00        17.91 657.90</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx High   4.55                         19.40 712.83  4.01        17.92 658.26</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx Average4.55                   -0.39 19.40 712.74  4.00 -0.56  17.91 657.99</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Hensall     4.55                         19.40 712.83  4.00        17.91 657.90</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Bruce       4.55                         19.40 712.83  4.00        17.91 657.90</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Putnam      4.55                         19.40 712.83  4.00        17.91 657.90</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Burford     4.61                         19.46 715.03  4.08        17.99 660.84</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Perry  4.45                         19.30 709.15  3.92        17.83 654.96</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Norfolk     4.55                         19.40 712.83  4.00        17.91 657.90</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Palmerston  4.66                         19.51 716.87  N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Varna       4.55                         19.40 712.83  4.00        17.91 657.90</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Trenton     4.55                         19.40 712.83  4.00        17.91 657.90</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Winchester  4.70                         19.55 718.34  4.25        18.16 667.08</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>North Gower 4.62                         19.47 715.40  4.35        18.26 670.76</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Vankleek Hil5.21                         20.06 737.08  4.18        18.09 664.51</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Huron FOB   4.59  4.69  4.77  N/A        19.44 714.30  N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Kent FOB    4.85                         19.70 723.85  4.00        17.91 657.90</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Lambton FOB 4.90                         19.75 725.69  N/A</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Mdsx FOB    4.78  4.91  N/A   N/A        19.63 721.28  4.01        17.92 658.26</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                         20.35 747.73  4.52        18.43 677.00</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                         20.15 740.39  4.45        18.36 674.43</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Prescott     N/A                                       4.45        18.36 674.43</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Port Colborn N/A                                       4.49        18.40 675.90</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Toledo El.  -0.27                        14.58 535.78 -0.60        13.30 488.73</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 1.3418 up 0.0051</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Chicago wheat closed slightly lower.</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>MAR23      HI     7.42  1/2            JUL23   HI      7.56  1/2</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>           LOW    7.20  1/2                    LOW        7.35</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>           CLOSE  7.31   Down 10 1/2           CLOSE   7.44  1/4  Down 11</u></div>
<div class="FluidPluginCopy"><u><br class="ContentPasted0">
</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>Minni wheat closed slightly lower.</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>MAR23      HI     9.05  1/2            SEP23   HI      8.79  3/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>           LOW    8.91  3/4                    LOW     8.67  1/4</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>           CLOSE  8.94  1/2  Down 7 1/2        CLOSE   8.72  1/4  Down 4 1/2</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      2.40   1.60   0.99    N/A    2.58    1.65   1.18    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   1.25   2.29    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    2.40   1.60   1.13   1.89    2.58    1.65   1.18    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                  2.07</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   1.60    N/A    N/A     N/A    1.78    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. 7.06US        9.47CA         7.19US         9.65CA</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            731.84</u></div>
<div class="FluidPluginCopy ContentPasted0"><u>DDG's FOB Aylm            370.00</u></div>
<u><br>
</u>
<div id="Signature">
<div>
<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>
</div>
</div>
</div>
<div class="elementToProof"></div>
</body>
</html>