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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, January 18</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3483 up 0.0116</u></div>
<div class="ContentPasted0"><u>Chicago corn closed slightly lower.</u></div>
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<div class="ContentPasted0"><u> MAR23 HI 6.88 3/4 DEC23 HI 6.06</u></div>
<div class="ContentPasted0"><u> LOW 6.78 LOW 5.98 3/4</u></div>
<div class="ContentPasted0"><u> CLOSE6.81 1/4 Down 4 CLOSE 6.01 Down 2 3/4</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 8.11 319.38 1.25 7.26 285.81</u></div>
<div class="ContentPasted0"><u>CK High 1.40 8.21 323.31 1.30 7.31 287.78</u></div>
<div class="ContentPasted0"><u>CK Avg 1.39 -0.73 8.20 322.75 1.29 -0.59 7.30 287.50</u></div>
<div class="ContentPasted0"><u>Essex Cty 1.30 8.11 319.38 1.25 7.26 285.81</u></div>
<div class="ContentPasted0"><u>Mdsx Low 1.40 8.21 323.31 1.30 7.31 287.78</u></div>
<div class="ContentPasted0"><u>Mdsx High 1.40 8.21 323.31 1.30 7.31 287.78</u></div>
<div class="ContentPasted0"><u>Mdsx Avg 1.40 -0.72 8.21 323.31 1.30 -0.59 7.31 287.78</u></div>
<div class="ContentPasted0"><u>Hensall 1.42 8.23 323.97 1.32 7.33 288.44</u></div>
<div class="ContentPasted0"><u>Bruce 1.40 8.21 323.31 1.30 7.31 287.78</u></div>
<div class="ContentPasted0"><u>Putnam 1.40 8.21 323.31 1.30 7.31 287.78</u></div>
<div class="ContentPasted0"><u>Burford 1.40 8.21 323.31 1.30 7.31 287.78</u></div>
<div class="ContentPasted0"><u>Port Perry 1.05 7.86 309.53 1.25 7.26 285.81</u></div>
<div class="ContentPasted0"><u>Norfolk 1.40 8.21 323.31 1.30 7.31 287.78</u></div>
<div class="ContentPasted0"><u>Palmerston 1.40 8.21 323.31N/A</u></div>
<div class="ContentPasted0"><u>Varna 1.40 8.21 323.31 1.30 7.31 287.78</u></div>
<div class="ContentPasted0"><u>Belmore 1.30 8.11 319.38 1.30 7.31 287.78</u></div>
<div class="ContentPasted0"><u>Trenton 1.25 8.06 317.41 1.30 7.31 287.78</u></div>
<div class="ContentPasted0"><u>Winchester 1.45 8.26 325.28 1.35 7.36 289.75</u></div>
<div class="ContentPasted0"><u>North Gower 1.37 8.18 322.13 1.40 7.41 291.72</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 1.64 8.45 332.76 1.34 7.35 289.36</u></div>
<div class="ContentPasted0"><u>Huron FOB 1.40 1.45 1.52N/A 8.21 323.31N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB 1.55 8.36 329.22 1.30 7.31 287.78</u></div>
<div class="ContentPasted0"><u>Lamb FOB 1.66 8.47 333.55N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 1.50 1.55N/A N/A 8.31 327.25 1.25 7.26 285.81</u></div>
<div class="ContentPasted0"><u>FOB SW Que 2.44 9.25 364.25N/A</u></div>
<div class="ContentPasted0"><u>Track 2.12 8.93 351.66N/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 7.91 311.40</u></div>
<div class="ContentPasted0"><u>Cardnl-Ing N/A N/A N/A N/A 2.00 8.01 315.34</u></div>
<div class="ContentPasted0"><u>W O Feed 2.12 8.93 351.66</u></div>
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<div class="ContentPasted0"><u>US Rep 2.64 9.45 372.13</u></div>
<div class="ContentPasted0"><u>Toledo El. -0.27 6.54 257.58 -0.40 5.61 220.68</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb 1.40 8.21 323.31 1.35 7.36 289.75</u></div>
<div class="ContentPasted0"><u>Prescott 2.01 8.82 347.33 1.88 7.89 310.62</u></div>
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<div class="ContentPasted0"><u>HI SD CRN 1.40 8.21 1/4</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3483 up 0.0116</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed slightly lower.</u></div>
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<div class="ContentPasted0"><u> MAR23 HI 15.48 1/2 NOV23 HI 13.96 1/4</u></div>
<div class="ContentPasted0"><u> LOW 15.11 1/4 LOW 13.65</u></div>
<div class="ContentPasted0"><u> CLOSE15.24 1/2 Down 15 1/4 CLOSE 13.74 1/4 Down 19</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 4.70 19.95 732.85 3.97 17.71 650.82</u></div>
<div class="ContentPasted0"><u>CK High 4.75 20.00 734.69 4.10 17.84 655.60</u></div>
<div class="ContentPasted0"><u>CK Average 4.71 -0.45 19.95 733.17 4.04 -0.56 17.78 653.34</u></div>
<div class="ContentPasted0"><u>Essex Cty 4.75 20.00 734.69 4.00 17.74 651.93</u></div>
<div class="ContentPasted0"><u>Mdsx Low 4.70 19.95 732.85 4.01 17.75 652.29</u></div>
<div class="ContentPasted0"><u>Mdsx High 4.75 20.00 734.69 4.05 17.79 653.76</u></div>
<div class="ContentPasted0"><u>Mdsx Average4.71 -0.44 19.96 733.31 4.04 -0.55 17.78 653.40</u></div>
<div class="ContentPasted0"><u>Hensall 4.70 19.95 732.85 4.05 17.79 653.76</u></div>
<div class="ContentPasted0"><u>Bruce 4.70 19.95 732.85 4.05 17.79 653.76</u></div>
<div class="ContentPasted0"><u>Putnam 4.70 19.95 732.85 4.05 17.79 653.76</u></div>
<div class="ContentPasted0"><u>Burford 4.82 20.07 737.26 4.08 17.82 654.86</u></div>
<div class="ContentPasted0"><u>Port Perry 4.66 19.91 731.38 3.92 17.66 648.99</u></div>
<div class="ContentPasted0"><u>Norfolk 4.70 19.95 732.85 4.05 17.79 653.76</u></div>
<div class="ContentPasted0"><u>Palmerston 4.77 20.02 735.43 N/A</u></div>
<div class="ContentPasted0"><u>Varna 4.70 19.95 732.85 4.05 17.79 653.76</u></div>
<div class="ContentPasted0"><u>Trenton 4.70 19.95 732.85 4.05 17.79 653.76</u></div>
<div class="ContentPasted0"><u>Winchester 4.36 19.61 720.36 4.00 17.74 651.93</u></div>
<div class="ContentPasted0"><u>North Gower 4.62 19.87 729.91 4.15 17.89 657.44</u></div>
<div class="ContentPasted0"><u>Vankleek Hil5.17 20.42 750.12 4.01 17.75 652.29</u></div>
<div class="ContentPasted0"><u>Huron FOB 4.82 4.88 5.00 N/A 20.07 737.26 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB 5.00 20.25 743.88 4.05 17.79 653.76</u></div>
<div class="ContentPasted0"><u>Lambton FOB 4.85 20.10 738.36 N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 4.96 5.10 N/A N/A 20.21 742.41 4.00 17.74 651.93</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor 5.50 20.75 762.25 4.33 18.07 664.05</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton 5.45 20.70 760.41 4.55 18.29 672.13</u></div>
<div class="ContentPasted0"><u>Prescott N/A 4.28 18.02 662.21</u></div>
<div class="ContentPasted0"><u>Port Colborn4.98 20.23 743.14 4.49 18.23 669.93</u></div>
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<div class="ContentPasted0"><u>Toledo El. -0.27 14.98 550.25 -0.61 13.14 482.66</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3483 up 0.0116</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed slightly lower.</u></div>
<div class="ContentPasted0"><u>MAR23 HI 7.60 1/4 JUL23 HI 7.69</u></div>
<div class="ContentPasted0"><u> LOW 7.40 1/4 LOW 7.51 1/2</u></div>
<div class="ContentPasted0"><u> CLOSE 7.42 1/2 Down 9 1/4 CLOSE 7.53 1/2 Down 7 1/2</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed moderately lower.</u></div>
<div class="ContentPasted0"><u>MAR23 HI 9.22 3/4 SEP23 HI 8.93</u></div>
<div class="ContentPasted0"><u> LOW 8.98 3/4 LOW 8.73 1/2</u></div>
<div class="ContentPasted0"><u> CLOSE 9.01 Down 15 CLOSE 8.75 1/4 Down 12 3/4</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 1.25 N/A</u></div>
<div class="ContentPasted0"><u>London 2.47 2.21 1.27 N/A 2.64 1.84 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 1.75 1.25 1.15 2.25 1.75 1.25 1.15</u></div>
<div class="ContentPasted0"><u>Essex N/A N/A 1.25 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 1.25 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 1.25 N/A N/A N/A 1.25 N/A</u></div>
<div class="ContentPasted0"><u>Brigden N/A N/A 1.25 N/A N/A N/A 1.25 N/A</u></div>
<div class="ContentPasted0"><u>Palmerston N/A 2.16 1.29 2.31 N/A N/A N/A N/A</u></div>
<div class="ContentPasted0"><u>Varna 4.10 2.20 1.30 N/A 2.55 1.90 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 2.21 1.27 1.96 2.64 1.84 1.23 N/A</u></div>
<div class="ContentPasted0"><u>North Gower N/A 1.20 1.60 1.67 N/A 1.00 1.40 1.32</u></div>
<div class="ContentPasted0"><u>W O Feed 2.20</u></div>
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<div class="ContentPasted0"><u>TERMINAL</u></div>
<div class="ContentPasted0"><u>Port Colbor N/A N/A 1.94 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 2.49 N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 7.18US 9.67CA 7.29US 9.82CA</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 748.59</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm 370.00</u></div>
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<div class="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>
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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"">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
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<span style="font-size:10.0pt;font-family:"Courier New"">Fax. 519-674-1530<br>
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