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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, January 19</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3449 down 0.0034</u></div>
<div class="ContentPasted0"><u>Chicago corn closed slightly lower.</u></div>
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<div class="ContentPasted0"><u>      MAR23   HI 6.85  1/4                    DEC23    HI 6.03  1/4</u></div>
<div class="ContentPasted0"><u>             LOW 6.76                                 LOW 5.95  1/2</u></div>
<div class="ContentPasted0"><u>            CLOSE6.77  1/4  Down 4                  CLOSE 5.96  1/4  Down 4 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       1.35                        8.12 319.77  1.25         7.21 283.94</u></div>
<div class="ContentPasted0"><u>CK High      1.45                        8.22 323.71  1.30         7.26 285.91</u></div>
<div class="ContentPasted0"><u>CK Avg       1.41                  -0.69 8.18 322.02  1.29 -0.57   7.26 285.63</u></div>
<div class="ContentPasted0"><u>Essex Cty    1.35                        8.12 319.77  1.25         7.21 283.94</u></div>
<div class="ContentPasted0"><u>Mdsx Low     1.40                        8.17 321.74  1.30         7.26 285.91</u></div>
<div class="ContentPasted0"><u>Mdsx High    1.45                        8.22 323.71  1.30         7.26 285.91</u></div>
<div class="ContentPasted0"><u>Mdsx Avg     1.42                  -0.68 8.19 322.39  1.30 -0.56   7.26 285.91</u></div>
<div class="ContentPasted0"><u>Hensall      1.42                        8.19 322.39  1.32         7.28 286.57</u></div>
<div class="ContentPasted0"><u>Bruce        1.40                        8.17 321.74  1.30         7.26 285.91</u></div>
<div class="ContentPasted0"><u>Putnam       1.40                        8.17 321.74  1.30         7.26 285.91</u></div>
<div class="ContentPasted0"><u>Burford      1.40                        8.17 321.74  1.30         7.26 285.91</u></div>
<div class="ContentPasted0"><u>Port Perry   1.05                        7.82 307.96  1.25         7.21 283.94</u></div>
<div class="ContentPasted0"><u>Norfolk      1.45                        8.22 323.71  1.30         7.26 285.91</u></div>
<div class="ContentPasted0"><u>Palmerston   1.44                        8.21 323.31N/A</u></div>
<div class="ContentPasted0"><u>Varna        1.40                        8.17 321.74  1.30         7.26 285.91</u></div>
<div class="ContentPasted0"><u>Belmore      1.30                        8.07 317.80  1.30         7.26 285.91</u></div>
<div class="ContentPasted0"><u>Trenton      1.25                        8.02 315.83  1.30         7.26 285.91</u></div>
<div class="ContentPasted0"><u>Winchester   1.45                        8.22 323.71  1.35         7.31 287.88</u></div>
<div class="ContentPasted0"><u>North Gower  1.37                        8.14 320.56  1.40         7.36 289.85</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 1.64                        8.41 331.19  1.34         7.30 287.49</u></div>
<div class="ContentPasted0"><u>Huron FOB    1.40  1.47  1.58N/A         8.17 321.74N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB     1.60                        8.37 329.61  1.30         7.26 285.91</u></div>
<div class="ContentPasted0"><u>Lamb FOB     1.66                        8.43 331.97N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB     1.50  1.55N/A   N/A         8.27 325.67  1.25         7.21 283.94</u></div>
<div class="ContentPasted0"><u>FOB SW Que   2.43                        9.20 362.29N/A</u></div>
<div class="ContentPasted0"><u>Track        2.10                        8.87 349.10N/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         7.86 309.53</u></div>
<div class="ContentPasted0"><u>Cardnl-Ing  N/A  N/A   N/A   N/A                      2.00         7.96 313.47</u></div>
<div class="ContentPasted0"><u>W O Feed     2.10                        8.87 349.10</u></div>
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<div class="ContentPasted0"><u>US Rep       2.61                        9.38 369.37</u></div>
<div class="ContentPasted0"><u>Toledo El.  -0.27                        6.50 256.03 -0.40         5.56 218.85</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb     1.40                        8.17 321.74  1.35         7.31 287.88</u></div>
<div class="ContentPasted0"><u>Prescott     2.01                        8.78 345.75  1.88         7.84 308.75</u></div>
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<div class="ContentPasted0"><u>HI SD CRN    1.45                        8.22 1/4</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3449 down 0.0034</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed slightly lower.</u></div>
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<div class="ContentPasted0"><u>      MAR23   HI 15.28  1/2              NOV23     HI 13.75  1/4</u></div>
<div class="ContentPasted0"><u>             LOW 15.09                            LOW 13.59  1/2</u></div>
<div class="ContentPasted0"><u>            CLOSE15.14  3/4  Down 9 3/4         CLOSE 13.64  1/2  Down 9 3/4</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      4.70                         19.85 729.27  4.02        17.67 649.08</u></div>
<div class="ContentPasted0"><u>CK High     4.80                         19.95 732.95  4.15        17.80 653.85</u></div>
<div class="ContentPasted0"><u>CK Average  4.75                   -0.35 19.90 731.06  4.07 -0.48  17.71 650.81</u></div>
<div class="ContentPasted0"><u>Essex Cty   4.80                         19.95 732.95  4.05        17.70 650.18</u></div>
<div class="ContentPasted0"><u>Mdsx Low    4.70                         19.85 729.27  4.05        17.70 650.18</u></div>
<div class="ContentPasted0"><u>Mdsx High   4.83                         19.98 734.05  4.10        17.75 652.02</u></div>
<div class="ContentPasted0"><u>Mdsx Average4.75                   -0.36 19.89 730.92  4.07 -0.48  17.71 650.73</u></div>
<div class="ContentPasted0"><u>Hensall     4.77                         19.91 731.72  4.08        17.73 651.40</u></div>
<div class="ContentPasted0"><u>Bruce       4.70                         19.85 729.27  4.05        17.70 650.18</u></div>
<div class="ContentPasted0"><u>Putnam      4.70                         19.85 729.27  4.05        17.70 650.18</u></div>
<div class="ContentPasted0"><u>Burford     4.90                         20.05 736.62  4.13        17.78 653.12</u></div>
<div class="ContentPasted0"><u>Port Perry  4.74                         19.89 730.74  3.97        17.62 647.24</u></div>
<div class="ContentPasted0"><u>Norfolk     4.75                         19.90 731.11  4.10        17.75 652.02</u></div>
<div class="ContentPasted0"><u>Palmerston  4.84                         19.99 734.41  N/A</u></div>
<div class="ContentPasted0"><u>Varna       4.80                         19.95 732.95  4.10        17.75 652.02</u></div>
<div class="ContentPasted0"><u>Trenton     4.70                         19.85 729.27  4.05        17.70 650.18</u></div>
<div class="ContentPasted0"><u>Winchester  4.54                         19.69 723.39  4.00        17.65 648.34</u></div>
<div class="ContentPasted0"><u>North Gower 4.62                         19.77 726.33  4.15        17.80 653.85</u></div>
<div class="ContentPasted0"><u>Vankleek Hil5.17                         20.32 746.54  4.01        17.66 648.71</u></div>
<div class="ContentPasted0"><u>Huron FOB   4.89  4.95  5.07  N/A        20.04 736.25  N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB    5.05                         20.20 742.13  4.10        17.75 652.02</u></div>
<div class="ContentPasted0"><u>Lambton FOB 4.85                         20.00 734.78  N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB    4.91  5.11  N/A   N/A        20.06 736.99  4.05        17.70 650.18</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor     5.60                         20.75 762.34  4.45        18.10 664.88</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton    5.50                         20.65 758.67  4.60        18.25 670.39</u></div>
<div class="ContentPasted0"><u>Prescott     N/A                                       4.28        17.93 658.63</u></div>
<div class="ContentPasted0"><u>Port Colborn5.06                         20.21 742.50  4.53        18.18 667.82</u></div>
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<div class="ContentPasted0"><u>Toledo El.  -0.27                        14.88 546.69 -0.61        13.04 479.13</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3449 down 0.0034</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed slightly lower.</u></div>
<div class="ContentPasted0"><u>MAR23      HI     7.48  3/4            JUL23   HI      7.58  1/4</u></div>
<div class="ContentPasted0"><u>           LOW    7.33  1/2                    LOW        7.45</u></div>
<div class="ContentPasted0"><u>           CLOSE  7.34  1/2  Down 8            CLOSE   7.45  1/2  Down 8</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed narrowly mixed.</u></div>
<div class="ContentPasted0"><u>MAR23      HI     9.14  3/4            SEP23   HI         8.81</u></div>
<div class="ContentPasted0"><u>           LOW    8.96  3/4                    LOW        8.72</u></div>
<div class="ContentPasted0"><u>           CLOSE  9.04   Up 3                  CLOSE   8.74   Down 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    1.25    N/A</u></div>
<div class="ContentPasted0"><u>London      2.51   2.24   1.30    N/A    2.68    1.87   1.26    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    1.30    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   1.30    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   1.30    N/A    N/A     N/A    1.25    N/A</u></div>
<div class="ContentPasted0"><u>Brigden      N/A    N/A   1.30    N/A    N/A     N/A    1.25    N/A</u></div>
<div class="ContentPasted0"><u>Palmerston   N/A   2.20   1.32   2.37    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    2.51   2.24   1.30   1.98    2.68    1.87   1.26    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                  2.16</u></div>
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<div class="ContentPasted0"><u>TERMINAL</u></div>
<div class="ContentPasted0"><u>Port Colbor  N/A    N/A   1.97    N/A    N/A     N/A    1.87    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   2.47    N/A    N/A     N/A    2.44    N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 7.10US        9.54CA         7.21US         9.69CA</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            740.99</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm            370.00</u></div>
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