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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, February 23</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3539 down 0.0007</u></div>
<div class="ContentPasted0"><u>Chicago corn closed slightly lower to lower.</u></div>
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<div class="ContentPasted0"><u>      MAR23   HI 6.76  1/4                    DEC23    HI 5.93</u></div>
<div class="ContentPasted0"><u>             LOW 6.58  1/2                            LOW 5.84  3/4</u></div>
<div class="ContentPasted0"><u>            CLOSE6.60  1/4  Down 13 3/4             CLOSE 5.85  1/2  Down 6 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        +MAY23+MAY23+JUL23</u></div>
<div class="ContentPasted0"><u>CK Low       1.30                        7.90 311.11  1.30         7.16 281.68</u></div>
<div class="ContentPasted0"><u>CK High      1.40                        8.00 315.04  1.35         7.21 283.65</u></div>
<div class="ContentPasted0"><u>CK Avg       1.35                  -0.73 7.96 313.24  1.33 -0.55   7.18 282.80</u></div>
<div class="ContentPasted0"><u>Essex Cty    1.30                        7.90 311.11  1.30         7.16 281.68</u></div>
<div class="ContentPasted0"><u>Mdsx Low     1.34                        7.94 312.68  1.30         7.16 281.68</u></div>
<div class="ContentPasted0"><u>Mdsx High    1.40                        8.00 315.04  1.35         7.21 283.65</u></div>
<div class="ContentPasted0"><u>Mdsx Avg     1.36                  -0.72 7.97 313.60  1.33 -0.55   7.19 282.99</u></div>
<div class="ContentPasted0"><u>Hensall      1.36                        7.96 313.47  1.33         7.19 282.99</u></div>
<div class="ContentPasted0"><u>Bruce        1.35                        7.95 313.08  1.30         7.16 281.68</u></div>
<div class="ContentPasted0"><u>Putnam       1.34                        7.94 312.68  1.35         7.21 283.65</u></div>
<div class="ContentPasted0"><u>Burford      1.35                        7.95 313.08  1.30         7.16 281.68</u></div>
<div class="ContentPasted0"><u>Port Perry   1.05                        7.65 301.27  1.10         6.96 273.81</u></div>
<div class="ContentPasted0"><u>Norfolk      1.40                        8.00 315.04  1.35         7.21 283.65</u></div>
<div class="ContentPasted0"><u>Palmerston   1.44                        8.04 316.62N/A</u></div>
<div class="ContentPasted0"><u>Varna        1.35                        7.95 313.08  1.30         7.16 281.68</u></div>
<div class="ContentPasted0"><u>Belmore      1.30                        7.90 311.11  1.30         7.16 281.68</u></div>
<div class="ContentPasted0"><u>Trenton      1.25                        7.85 309.14  1.25         7.11 279.71</u></div>
<div class="ContentPasted0"><u>Winchester   1.40                        8.00 315.04  1.40         7.26 285.62</u></div>
<div class="ContentPasted0"><u>North Gower  1.37                        7.97 313.86  1.37         7.23 284.44</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 1.16                        7.76 305.60  1.22         7.08 278.53</u></div>
<div class="ContentPasted0"><u>Huron FOB   N/A    1.40  1.50  1.77                 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB     1.50                        8.10 318.98  1.45         7.31 287.59</u></div>
<div class="ContentPasted0"><u>Lamb FOB    N/A                                     N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB    N/A    1.50N/A   N/A                      1.30         7.16 281.68</u></div>
<div class="ContentPasted0"><u>FOB SW Que   2.24                        8.84 348.11N/A</u></div>
<div class="ContentPasted0"><u>Track        2.07                        8.67 341.22N/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                      1.95         7.81 307.27</u></div>
<div class="ContentPasted0"><u>Cardnl-Ing  N/A  N/A   N/A   N/A                    N/A</u></div>
<div class="ContentPasted0"><u>W O Feed     2.07                        8.67 341.22</u></div>
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<div class="ContentPasted0"><u>US Rep       2.56                        9.16 360.71</u></div>
<div class="ContentPasted0"><u>Toledo El.  -0.41                        6.20 243.94 -0.41         5.45 214.51</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb     1.50                        8.10 318.98  1.50         7.36 289.55</u></div>
<div class="ContentPasted0"><u>Prescott    N/A                                       1.78         7.64 300.58</u></div>
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<div class="ContentPasted0"><u>HI SD CRN    1.40                        8.00 1/4</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3539 down 0.0007</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed slightly lower.</u></div>
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<div class="ContentPasted0"><u>      MAY23   HI 15.40                   NOV23     HI 13.96  1/2</u></div>
<div class="ContentPasted0"><u>             LOW 15.26  1/4                       LOW 13.85  1/2</u></div>
<div class="ContentPasted0"><u>            CLOSE15.27  1/4  Down 7 1/2         CLOSE 13.87  3/4  Down 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        +MAY23+MAY23+MAY23</u></div>
<div class="ContentPasted0"><u>CK Low      4.99                         20.26 744.52  4.13        18.01 661.66</u></div>
<div class="ContentPasted0"><u>CK High     5.00                         20.27 744.89  4.15        18.03 662.40</u></div>
<div class="ContentPasted0"><u>CK Average  5.00                   -0.30 20.27 744.83  4.15 -0.56  18.02 662.29</u></div>
<div class="ContentPasted0"><u>Essex Cty   5.00                         20.27 744.89  4.15        18.03 662.40</u></div>
<div class="ContentPasted0"><u>Mdsx Low    4.95                         20.22 743.05  4.10        17.98 660.56</u></div>
<div class="ContentPasted0"><u>Mdsx High   5.03                         20.30 745.99  4.17        18.05 663.13</u></div>
<div class="ContentPasted0"><u>Mdsx Average5.00                   -0.30 20.27 744.70  4.14 -0.57  18.02 662.12</u></div>
<div class="ContentPasted0"><u>Hensall     4.97                         20.24 743.66  4.15        18.03 662.40</u></div>
<div class="ContentPasted0"><u>Bruce       5.00                         20.27 744.89  4.15        18.03 662.40</u></div>
<div class="ContentPasted0"><u>Putnam      5.00                         20.27 744.89  4.15        18.03 662.40</u></div>
<div class="ContentPasted0"><u>Burford     5.10                         20.37 748.56  4.24        18.12 665.70</u></div>
<div class="ContentPasted0"><u>Port Perry  4.94                         20.21 742.68  4.08        17.96 659.83</u></div>
<div class="ContentPasted0"><u>Norfolk     5.00                         20.27 744.89  4.15        18.03 662.40</u></div>
<div class="ContentPasted0"><u>Palmerston  4.95                         20.22 743.05  N/A</u></div>
<div class="ContentPasted0"><u>Varna       4.95                         20.22 743.05  4.15        18.03 662.40</u></div>
<div class="ContentPasted0"><u>Trenton     4.90                         20.17 741.21  4.10        17.98 660.56</u></div>
<div class="ContentPasted0"><u>Winchester  4.90                         20.17 741.21  4.10        17.98 660.56</u></div>
<div class="ContentPasted0"><u>North Gower 4.80                         20.07 737.54  4.00        17.88 656.89</u></div>
<div class="ContentPasted0"><u>Vankleek Hil5.38                         20.65 758.85  4.04        17.92 658.36</u></div>
<div class="ContentPasted0"><u>Huron FOB    N/A  5.00  5.30  5.30                     N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB    5.30                         20.57 755.91  4.15        18.03 662.40</u></div>
<div class="ContentPasted0"><u>Lambton FOB 5.15                         20.42 750.40  N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB    5.20  5.33  N/A   N/A        20.47 752.24  4.43        18.31 672.69</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor      N/A                                       4.78        18.66 685.55</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton    5.70                         20.97 770.61  4.80        18.68 686.28</u></div>
<div class="ContentPasted0"><u>Prescott     N/A                                       4.45        18.33 673.42</u></div>
<div class="ContentPasted0"><u>Port Colborn5.21                         20.48 752.60  4.91        18.79 690.32</u></div>
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<div class="ContentPasted0"><u>Toledo El.  -0.27                        15.00 551.22 -0.61        13.27 487.52</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3539 down 0.0007</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed narrowly mixed.</u></div>
<div class="ContentPasted0"><u>MAR23      HI     7.45                 JUL23   HI         7.64</u></div>
<div class="ContentPasted0"><u>           LOW    7.34  1/4                    LOW        7.53</u></div>
<div class="ContentPasted0"><u>           CLOSE  7.38  1/4  Up 1 3/4          CLOSE   7.56  1/4  Down  1/4</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed slightly lower.</u></div>
<div class="ContentPasted0"><u>MAR23      HI     9.16  3/4            SEP23   HI         8.90</u></div>
<div class="ContentPasted0"><u>           LOW    9.07  1/4                    LOW     8.81  1/4</u></div>
<div class="ContentPasted0"><u>           CLOSE  9.08   Down 6 1/4            CLOSE   8.82  1/4  Down 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   1.57    N/A    N/A     N/A    1.40    N/A</u></div>
<div class="ContentPasted0"><u>London      2.55   2.08   1.40    N/A    2.83    1.95   1.34    N/A</u></div>
<div class="ContentPasted0"><u>Hensall     4.32    N/A   1.57    N/A    2.90    N/A    1.40    N/A</u></div>
<div class="ContentPasted0"><u>Trenton      N/A    N/A    N/A    N/A    N/A     N/A    1.40    N/A</u></div>
<div class="ContentPasted0"><u>Bruce       2.35   1.85   1.55   1.15    2.30    1.80   1.40   1.15</u></div>
<div class="ContentPasted0"><u>Essex        N/A    N/A   1.50    N/A    N/A     N/A    1.35    N/A</u></div>
<div class="ContentPasted0"><u>Norwich     4.32    N/A   1.57    N/A    2.90    N/A    1.40    N/A</u></div>
<div class="ContentPasted0"><u>Belmore     2.62   1.87   1.57   1.11    2.00    1.90   1.40    N/A</u></div>
<div class="ContentPasted0"><u>Kent Bridge 4.32    N/A   1.57    N/A    2.90    N/A    1.40    N/A</u></div>
<div class="ContentPasted0"><u>Chatham      N/A    N/A   1.50    N/A    N/A     N/A    1.35    N/A</u></div>
<div class="ContentPasted0"><u>Brigden      N/A    N/A   1.50    N/A    N/A     N/A    1.35    N/A</u></div>
<div class="ContentPasted0"><u>Palmerston   N/A   2.04   1.50    N/A    N/A     N/A     N/A    N/A</u></div>
<div class="ContentPasted0"><u>Varna       4.27   2.32   1.57    N/A    2.85    2.00   1.40    N/A</u></div>
<div class="ContentPasted0"><u>Mitchell    4.32    N/A   1.57    N/A    2.90    1.95   1.40    N/A</u></div>
<div class="ContentPasted0"><u>Thornton    2.55   2.08   1.40   2.11    2.83    1.95   1.34    N/A</u></div>
<div class="ContentPasted0"><u>North Gower  N/A   1.40   1.70   1.92    N/A     1.10   1.40   1.52</u></div>
<div class="ContentPasted0"><u>W O Feed                  2.32</u></div>
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<div class="ContentPasted0"><u>TERMINAL</u></div>
<div class="ContentPasted0"><u>Port Colbor  N/A    N/A   2.08    N/A    N/A     N/A    1.94    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    2.54    N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 7.13US        9.66CA         7.31US         9.90CA</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            775.05</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm            375.00</u></div>
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<span style="font-size:10.0pt;font-family:"Courier New"">Blair Andrews<o:p> </o:p></span></p>
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