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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, January 26</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3329 down 0.0055</u></div>
<div class="ContentPasted0"><u>Chicago corn closed slightly higher.</u></div>
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<div class="ContentPasted0"><u> MAR23 HI 6.85 1/2 DEC23 HI 5.92 1/2</u></div>
<div class="ContentPasted0"><u> LOW 6.73 LOW 5.86 1/2</u></div>
<div class="ContentPasted0"><u> CLOSE6.82 1/2 Up 7 3/4 CLOSE 5.90 Up 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 8.13 319.87 1.20 7.10 279.51</u></div>
<div class="ContentPasted0"><u>CK High 1.40 8.23 323.80 1.30 7.20 283.45</u></div>
<div class="ContentPasted0"><u>CK Avg 1.38 -0.67 8.20 322.96 1.28 -0.51 7.18 282.61</u></div>
<div class="ContentPasted0"><u>Essex Cty 1.30 8.13 319.87 1.25 7.15 281.48</u></div>
<div class="ContentPasted0"><u>Mdsx Low 1.40 8.23 323.80 1.30 7.20 283.45</u></div>
<div class="ContentPasted0"><u>Mdsx High 1.40 8.23 323.80 1.30 7.20 283.45</u></div>
<div class="ContentPasted0"><u>Mdsx Avg 1.40 -0.65 8.23 323.80 1.30 -0.50 7.20 283.45</u></div>
<div class="ContentPasted0"><u>Hensall 1.42 8.24 324.46 1.32 7.22 284.11</u></div>
<div class="ContentPasted0"><u>Bruce 1.40 8.23 323.80 1.30 7.20 283.45</u></div>
<div class="ContentPasted0"><u>Putnam 1.40 8.23 323.80 1.30 7.20 283.45</u></div>
<div class="ContentPasted0"><u>Burford 1.40 8.23 323.80 1.30 7.20 283.45</u></div>
<div class="ContentPasted0"><u>Port Perry 1.05 7.88 310.03 1.25 7.15 281.48</u></div>
<div class="ContentPasted0"><u>Norfolk 1.40 8.23 323.80 1.30 7.20 283.45</u></div>
<div class="ContentPasted0"><u>Palmerston 1.35 8.18 321.84N/A</u></div>
<div class="ContentPasted0"><u>Varna 1.40 8.23 323.80 1.30 7.20 283.45</u></div>
<div class="ContentPasted0"><u>Belmore 1.30 8.13 319.87 1.30 7.20 283.45</u></div>
<div class="ContentPasted0"><u>Trenton 1.25 8.08 317.90 1.30 7.20 283.45</u></div>
<div class="ContentPasted0"><u>Winchester 1.38 8.21 323.02 1.20 7.10 279.51</u></div>
<div class="ContentPasted0"><u>North Gower 1.37 8.20 322.62 1.32 7.22 284.24</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 1.24 8.07 317.51 1.15 7.05 277.55</u></div>
<div class="ContentPasted0"><u>Huron FOB 1.40 1.45 1.58 1.66 8.23 323.80N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB 1.55 8.38 329.71 1.30 7.20 283.45</u></div>
<div class="ContentPasted0"><u>Lamb FOB 1.59 8.42 331.28N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 1.40 1.50N/A N/A 8.23 323.80 1.25 7.15 281.48</u></div>
<div class="ContentPasted0"><u>FOB SW Que 2.33 9.16 360.42N/A</u></div>
<div class="ContentPasted0"><u>Track 2.06 8.89 349.89N/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 7.80 307.07</u></div>
<div class="ContentPasted0"><u>Cardnl-Ing N/A N/A N/A N/A 2.00 7.90 311.01</u></div>
<div class="ContentPasted0"><u>W O Feed 2.06 8.89 349.89</u></div>
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<div class="ContentPasted0"><u>US Rep 2.54 9.37 368.68</u></div>
<div class="ContentPasted0"><u>Toledo El. -0.33 6.49 255.57 -0.40 5.50 216.53</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb 1.40 8.23 323.80 1.35 7.25 285.42</u></div>
<div class="ContentPasted0"><u>Prescott N/A 1.71 7.61 299.59</u></div>
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<div class="ContentPasted0"><u>HI SD CRN 1.40 8.22 1/2</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3329 down 0.0055</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed slightly to moderately higher.</u></div>
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<div class="ContentPasted0"><u> MAR23 HI 15.26 1/4 NOV23 HI 13.57 3/4</u></div>
<div class="ContentPasted0"><u> LOW 15.00 LOW 13.40</u></div>
<div class="ContentPasted0"><u> CLOSE15.23 1/2 Up 21 CLOSE 13.52 1/2 Up 7 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 4.35 19.59 719.63 3.70 17.23 632.91</u></div>
<div class="ContentPasted0"><u>CK High 4.51 19.75 725.50 3.80 17.33 636.58</u></div>
<div class="ContentPasted0"><u>CK Average 4.48 -0.44 19.72 724.40 3.77 -0.55 17.30 635.64</u></div>
<div class="ContentPasted0"><u>Essex Cty 4.50 19.74 725.14 3.75 17.28 634.75</u></div>
<div class="ContentPasted0"><u>Mdsx Low 4.50 19.74 725.14 3.80 17.33 636.58</u></div>
<div class="ContentPasted0"><u>Mdsx High 4.55 19.79 726.97 3.85 17.38 638.42</u></div>
<div class="ContentPasted0"><u>Mdsx Average4.53 -0.41 19.76 726.06 3.82 -0.52 17.34 637.14</u></div>
<div class="ContentPasted0"><u>Hensall 4.53 19.77 726.36 3.77 17.29 635.36</u></div>
<div class="ContentPasted0"><u>Bruce 4.50 19.74 725.14 3.80 17.33 636.58</u></div>
<div class="ContentPasted0"><u>Putnam 4.50 19.74 725.14 3.80 17.33 636.58</u></div>
<div class="ContentPasted0"><u>Burford 4.62 19.86 729.55 3.88 17.41 639.52</u></div>
<div class="ContentPasted0"><u>Port Perry 4.46 19.70 723.67 3.72 17.25 633.65</u></div>
<div class="ContentPasted0"><u>Norfolk 4.50 19.74 725.14 3.80 17.33 636.58</u></div>
<div class="ContentPasted0"><u>Palmerston 4.48 19.72 724.40 N/A</u></div>
<div class="ContentPasted0"><u>Varna 4.55 19.79 726.97 3.75 17.28 634.75</u></div>
<div class="ContentPasted0"><u>Trenton 4.50 19.74 725.14 3.80 17.33 636.58</u></div>
<div class="ContentPasted0"><u>Winchester 4.36 19.60 719.99 3.75 17.28 634.75</u></div>
<div class="ContentPasted0"><u>North Gower 4.60 19.84 728.81 4.00 17.53 643.93</u></div>
<div class="ContentPasted0"><u>Vankleek Hil4.79 20.03 735.79 3.76 17.29 635.12</u></div>
<div class="ContentPasted0"><u>Huron FOB 4.55 4.55 4.60 4.71 19.79 726.97 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB 4.75 19.99 734.32 3.80 17.33 636.58</u></div>
<div class="ContentPasted0"><u>Lambton FOB 4.68 19.92 731.75 N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 4.65 4.79 N/A N/A 19.89 730.65 3.81 17.34 636.95</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor 5.02 20.26 744.24 4.19 17.72 650.91</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton 5.20 20.44 750.86 4.30 17.83 654.96</u></div>
<div class="ContentPasted0"><u>Prescott N/A 4.09 17.62 647.24</u></div>
<div class="ContentPasted0"><u>Port Colborn4.83 20.07 737.26 4.29 17.82 654.59</u></div>
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<div class="ContentPasted0"><u>Toledo El. -0.37 14.86 546.08 -0.60 12.93 474.92</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3329 down 0.0055</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed slightly to moderately higher.</u></div>
<div class="ContentPasted0"><u>MAR23 HI 7.58 JUL23 HI 7.66 1/2</u></div>
<div class="ContentPasted0"><u> LOW 7.38 LOW 7.46 3/4</u></div>
<div class="ContentPasted0"><u> CLOSE 7.52 1/2 Up 11 1/4 CLOSE 7.62 1/2 Up 12</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed slightly higher.</u></div>
<div class="ContentPasted0"><u>MAR23 HI 9.25 1/2 SEP23 HI 8.85</u></div>
<div class="ContentPasted0"><u> LOW 9.07 LOW 8.74</u></div>
<div class="ContentPasted0"><u> CLOSE 9.18 Up 8 1/2 CLOSE 8.80 3/4 Up 6 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 1.30 N/A N/A N/A 1.25 N/A</u></div>
<div class="ContentPasted0"><u>London 2.43 2.17 1.30 N/A 2.59 1.79 1.26 N/A</u></div>
<div class="ContentPasted0"><u>Hensall 4.20 N/A 1.30 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 1.25 N/A</u></div>
<div class="ContentPasted0"><u>Bruce 2.30 1.80 1.30 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 4.20 N/A 1.30 N/A 2.80 N/A 1.25 N/A</u></div>
<div class="ContentPasted0"><u>Port Hope N/A N/A 1.30 N/A N/A N/A 1.25 N/A</u></div>
<div class="ContentPasted0"><u>Kent Bridge 4.20 N/A 1.30 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 2.12 1.25 2.28 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 4.20 N/A 1.30 N/A 2.80 1.90 1.25 N/A</u></div>
<div class="ContentPasted0"><u>Thornton 2.43 2.17 1.30 1.92 2.59 1.79 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 2.12</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 1.86 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 N/A N/A N/A N/A 2.40 N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 7.28US 9.70CA 7.38US 9.83CA</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 744.18</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;"><br>
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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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