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Note: Markets in the U.S. were closed on Monday. </div>
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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, January 16</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3395 up 0.0008</u></div>
<div class="ContentPasted0"><u>Markets in the U.S. were closed for the Martin Luther King Jr. holiday.</u></div>
<div class="ContentPasted0"><u>Chicago corn closed slightly higher on Friday.</u></div>
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<div class="ContentPasted0"><u> MAR23 HI 6.76 3/4 DEC23 HI 5.98 3/4</u></div>
<div class="ContentPasted0"><u> LOW 6.69 3/4 LOW 5.95</u></div>
<div class="ContentPasted0"><u> CLOSE6.75 Up 4 CLOSE 5.98 1/2 Up 2 1/2</u></div>
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<div class="ContentPasted0"><u> OLD CROP BASIS NEW CROP BASIS</u></div>
<div class="ContentPasted0"><u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt</u></div>
<div class="ContentPasted0"><u>ELEVATORS +MAR23+MAY23+MAY23</u></div>
<div class="ContentPasted0"><u>CK Low 1.30 8.05 316.91 1.25 7.24 284.83</u></div>
<div class="ContentPasted0"><u>CK High 1.40 8.15 320.85 1.35 7.34 288.77</u></div>
<div class="ContentPasted0"><u>CK Avg 1.39 -0.68 8.14 320.29 1.30 -0.55 7.29 286.80</u></div>
<div class="ContentPasted0"><u>Essex Cty 1.30 8.05 316.91 1.25 7.24 284.83</u></div>
<div class="ContentPasted0"><u>Mdsx Low 1.40 8.15 320.85 1.30 7.29 286.80</u></div>
<div class="ContentPasted0"><u>Mdsx High 1.40 8.15 320.85 1.30 7.29 286.80</u></div>
<div class="ContentPasted0"><u>Mdsx Avg 1.40 -0.67 8.15 320.85 1.30 -0.55 7.29 286.80</u></div>
<div class="ContentPasted0"><u>Hensall 1.42 8.17 321.51 1.32 7.30 287.45</u></div>
<div class="ContentPasted0"><u>Bruce 1.40 8.15 320.85 1.30 7.29 286.80</u></div>
<div class="ContentPasted0"><u>Putnam 1.40 8.15 320.85 1.30 7.29 286.80</u></div>
<div class="ContentPasted0"><u>Burford 1.40 8.15 320.85 1.30 7.29 286.80</u></div>
<div class="ContentPasted0"><u>Port Perry 0.95 7.70 303.14 1.20 7.19 282.86</u></div>
<div class="ContentPasted0"><u>Norfolk 1.40 8.15 320.85 1.30 7.29 286.80</u></div>
<div class="ContentPasted0"><u>Palmerston 1.35 8.10 318.88N/A</u></div>
<div class="ContentPasted0"><u>Varna 1.40 8.15 320.85 1.30 7.29 286.80</u></div>
<div class="ContentPasted0"><u>Belmore 1.30 8.05 316.91 1.30 7.29 286.80</u></div>
<div class="ContentPasted0"><u>Trenton 1.20 7.95 312.98 1.30 7.29 286.80</u></div>
<div class="ContentPasted0"><u>Winchester 1.45 8.20 322.82 1.35 7.34 288.77</u></div>
<div class="ContentPasted0"><u>North Gower 1.37 8.12 319.67 1.40 7.39 290.73</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 1.61 8.36 329.12 1.34 7.33 288.37</u></div>
<div class="ContentPasted0"><u>Huron FOB 1.40 1.45 1.52N/A 8.15 320.85N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB 1.55 8.30 326.76 1.30 7.29 286.80</u></div>
<div class="ContentPasted0"><u>Lamb FOB 1.70 8.45 332.66N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 1.50 1.55N/A N/A 8.25 324.79 1.25 7.24 284.83</u></div>
<div class="ContentPasted0"><u>FOB SW Que 2.21 8.96 352.74N/A</u></div>
<div class="ContentPasted0"><u>Track 2.01 8.76 344.96N/A</u></div>
<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Chat-Eth N/A N/A N/A N/A N/A</u></div>
<div class="ContentPasted0"><u>Jhnstwn-Eth N/A N/A N/A N/A N/A</u></div>
<div class="ContentPasted0"><u>Aylmer-Eth N/A N/A N/A N/A N/A</u></div>
<div class="ContentPasted0"><u>Sarn-Eth N/A N/A N/A N/A N/A</u></div>
<div class="ContentPasted0"><u>London-Ing N/A N/A N/A N/A 1.90 7.89 310.42</u></div>
<div class="ContentPasted0"><u>Cardnl-Ing N/A N/A N/A N/A 2.00 7.99 314.36</u></div>
<div class="ContentPasted0"><u>W O Feed 2.01 8.76 344.96</u></div>
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<div class="ContentPasted0"><u>US Rep 2.50 9.25 364.16</u></div>
<div class="ContentPasted0"><u>Toledo El. -0.27 6.48 255.19 -0.40 5.58 219.80</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb 1.40 8.15 320.85 1.35 7.34 288.77</u></div>
<div class="ContentPasted0"><u>Prescott 1.99 8.74 344.08 1.87 7.86 309.24</u></div>
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<div class="ContentPasted0"><u>HI SD CRN 1.40 8.15</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3395 up 0.0008</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed mixed.</u></div>
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<div class="ContentPasted0"><u> MAR23 HI 15.33 NOV23 HI 14.00</u></div>
<div class="ContentPasted0"><u> LOW 15.13 1/4 LOW 13.86 1/4</u></div>
<div class="ContentPasted0"><u> CLOSE15.27 3/4 Up 9 1/4 CLOSE 13.93 Down 3 1/4</u></div>
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<div class="ContentPasted0"><u> OLD CROP NEW CROP</u></div>
<div class="ContentPasted0"><u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt</u></div>
<div class="ContentPasted0"><u>ELEVATORS +MAR23+MAR23+MAY23</u></div>
<div class="ContentPasted0"><u>CK Low 4.60 19.88 730.37 4.00 17.93 658.81</u></div>
<div class="ContentPasted0"><u>CK High 4.75 20.03 735.88 4.10 18.03 662.49</u></div>
<div class="ContentPasted0"><u>CK Average 4.69 -0.37 19.97 733.84 4.04 -0.51 17.97 660.28</u></div>
<div class="ContentPasted0"><u>Essex Cty 4.75 20.03 735.88 4.00 17.93 658.81</u></div>
<div class="ContentPasted0"><u>Mdsx Low 4.70 19.98 734.05 4.05 17.98 660.65</u></div>
<div class="ContentPasted0"><u>Mdsx High 4.75 20.03 735.88 4.07 18.00 661.39</u></div>
<div class="ContentPasted0"><u>Mdsx Average4.71 -0.35 19.99 734.51 4.06 -0.50 17.99 660.84</u></div>
<div class="ContentPasted0"><u>Hensall 4.70 19.98 734.05 4.05 17.98 660.65</u></div>
<div class="ContentPasted0"><u>Bruce 4.70 19.98 734.05 4.05 17.98 660.65</u></div>
<div class="ContentPasted0"><u>Putnam 4.70 19.98 734.05 4.05 17.98 660.65</u></div>
<div class="ContentPasted0"><u>Burford 4.82 20.10 738.46 4.14 18.07 663.96</u></div>
<div class="ContentPasted0"><u>Port Perry 4.66 19.94 732.58 3.98 17.91 658.08</u></div>
<div class="ContentPasted0"><u>Norfolk 4.70 19.98 734.05 4.05 17.98 660.65</u></div>
<div class="ContentPasted0"><u>Palmerston 4.64 19.92 731.84 N/A</u></div>
<div class="ContentPasted0"><u>Varna 4.70 19.98 734.05 4.05 17.98 660.65</u></div>
<div class="ContentPasted0"><u>Trenton 4.70 19.98 734.05 4.00 17.93 658.81</u></div>
<div class="ContentPasted0"><u>Winchester 4.79 20.07 737.35 4.00 17.93 658.81</u></div>
<div class="ContentPasted0"><u>North Gower 4.62 19.90 731.11 4.35 18.28 671.68</u></div>
<div class="ContentPasted0"><u>Vankleek Hil5.14 20.42 750.21 4.11 18.04 662.86</u></div>
<div class="ContentPasted0"><u>Huron FOB 4.82 4.87 4.95 N/A 20.10 738.46 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB 5.00 20.28 745.07 4.05 17.98 660.65</u></div>
<div class="ContentPasted0"><u>Lambton FOB 4.90 20.18 741.40 N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 4.96 5.10 N/A N/A 20.24 743.60 4.06 17.99 661.02</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor 5.50 20.78 763.44 4.52 18.45 677.92</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton 5.45 20.73 761.61 4.55 18.48 679.02</u></div>
<div class="ContentPasted0"><u>Prescott N/A 4.38 18.31 672.78</u></div>
<div class="ContentPasted0"><u>Port Colborn N/A 4.55 18.48 679.02</u></div>
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<div class="ContentPasted0"><u>Toledo El. -0.27 15.01 551.51 -0.60 13.33 489.69</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3395 up 0.0008</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed mixed.</u></div>
<div class="ContentPasted0"><u>MAR23 HI 7.48 1/2 JUL23 HI 7.59</u></div>
<div class="ContentPasted0"><u> LOW 7.37 1/4 LOW 7.47 1/2</u></div>
<div class="ContentPasted0"><u> CLOSE 7.43 3/4 Up 1 CLOSE 7.53 3/4 Down 1/2</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed steady to slightly higher.</u></div>
<div class="ContentPasted0"><u>MAR23 HI 9.17 1/2 SEP23 HI 8.90 1/2</u></div>
<div class="ContentPasted0"><u> LOW 9.07 LOW 8.76 1/2</u></div>
<div class="ContentPasted0"><u> CLOSE 9.12 1/4 Unchanged CLOSE 8.82 1/4 Up 1 1/4</u></div>
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<div class="ContentPasted0"><u>Direct MarkHarvest 2022 Harvest 2023</u></div>
<div class="ContentPasted0"><u> DELIVERED BASIS DELIVERED BASIS</u></div>
<div class="ContentPasted0"><u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)</u></div>
<div class="ContentPasted0"><u>ELEVATORS</u></div>
<div class="ContentPasted0"><u>Brgssvll N/A N/A 1.20 N/A N/A N/A 1.30 N/A</u></div>
<div class="ContentPasted0"><u>London 2.47 2.20 1.26 N/A 2.64 1.83 1.23 N/A</u></div>
<div class="ContentPasted0"><u>Hensall 4.10 N/A 1.20 N/A 2.80 N/A 1.25 N/A</u></div>
<div class="ContentPasted0"><u>Trenton N/A N/A N/A N/A N/A N/A 1.35 N/A</u></div>
<div class="ContentPasted0"><u>Bruce 2.25 1.70 1.25 1.15 2.30 1.80 1.30 1.15</u></div>
<div class="ContentPasted0"><u>Essex N/A N/A 1.20 N/A N/A N/A 1.25 N/A</u></div>
<div class="ContentPasted0"><u>Norwich 4.10 N/A 1.20 N/A 2.80 N/A 1.25 N/A</u></div>
<div class="ContentPasted0"><u>Port Hope N/A N/A 1.20 N/A N/A N/A 1.30 N/A</u></div>
<div class="ContentPasted0"><u>Kent Bridge 4.10 N/A 1.20 N/A 2.80 N/A 1.25 N/A</u></div>
<div class="ContentPasted0"><u>Chatham N/A N/A 1.20 N/A N/A N/A 1.25 N/A</u></div>
<div class="ContentPasted0"><u>Brigden N/A N/A 1.20 N/A N/A N/A 1.25 N/A</u></div>
<div class="ContentPasted0"><u>Palmerston N/A 2.12 1.25 2.27 N/A N/A N/A N/A</u></div>
<div class="ContentPasted0"><u>Varna 4.05 2.10 1.25 N/A 2.55 1.80 1.25 N/A</u></div>
<div class="ContentPasted0"><u>Mitchell 4.10 N/A 1.20 N/A 2.80 1.90 1.25 N/A</u></div>
<div class="ContentPasted0"><u>Thornton 2.47 2.20 1.26 1.98 2.64 1.83 1.23 N/A</u></div>
<div class="ContentPasted0"><u>North Gower N/A 1.00 1.40 1.47 N/A 1.25 1.65 1.37</u></div>
<div class="ContentPasted0"><u>W O Feed 2.09</u></div>
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<div class="ContentPasted0"><u>TERMINAL</u></div>
<div class="ContentPasted0"><u>Port Colbor N/A N/A 1.93 N/A N/A N/A 1.83 N/A</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Toledo FM N/A N/A 2.52 N/A N/A N/A 2.42 N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 7.19US 9.63CA 7.29US 9.76CA</u></div>
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<div class="ContentPasted0"><u>(C)-Basis over the Chicago Board of Trade futures</u></div>
<div class="ContentPasted0"><u>(M)-Basis over the Minneapolis Grain Exchange</u></div>
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<div class="ContentPasted0"><u>FEED GRAINS</u></div>
<div class="ContentPasted0"><u>FOB Hm Soymeal 739.99</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm 370.00</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
<o:p> </o:p></span></p>
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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""><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">
</span><o:p> </o:p></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
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<span style="font-size:10.0pt;font-family:"Courier New"">Fax. 519-674-1530<br>
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