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<span class="elementToProof">Note: </span></div>
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<span class="elementToProof">The basis values for old crop corn and wheat are now over the May 2023 future.</span></div>
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<span class="elementToProof">Thank you</span></div>
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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, February 27</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3576 down 0.0025</u></div>
<div class="ContentPasted0"><u>Chicago corn closed slightly lower.</u></div>
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</u></div>
<div class="ContentPasted0"><u> MAY23 HI 6.52 1/4 DEC23 HI 5.79</u></div>
<div class="ContentPasted0"><u> LOW 6.43 LOW 5.75</u></div>
<div class="ContentPasted0"><u> CLOSE6.43 1/2 Down 5 3/4 CLOSE 5.76 Down 1/4</u></div>
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</u></div>
<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 7.74 304.51 1.30 7.06 277.94</u></div>
<div class="ContentPasted0"><u>CK High 1.40 7.84 308.45 1.35 7.11 279.91</u></div>
<div class="ContentPasted0"><u>CK Avg 1.36 -0.70 7.79 306.71 1.34 -0.53 7.10 279.35</u></div>
<div class="ContentPasted0"><u>Essex Cty 1.30 7.74 304.51 1.30 7.06 277.94</u></div>
<div class="ContentPasted0"><u>Mdsx Low 1.35 7.79 306.48 1.35 7.11 279.91</u></div>
<div class="ContentPasted0"><u>Mdsx High 1.40 7.84 308.45 1.35 7.11 279.91</u></div>
<div class="ContentPasted0"><u>Mdsx Avg 1.37 -0.69 7.80 307.14 1.35 -0.52 7.11 279.91</u></div>
<div class="ContentPasted0"><u>Hensall 1.36 7.80 307.01 1.37 7.13 280.56</u></div>
<div class="ContentPasted0"><u>Bruce 1.35 7.79 306.48 1.35 7.11 279.91</u></div>
<div class="ContentPasted0"><u>Putnam 1.35 7.79 306.48 1.35 7.11 279.91</u></div>
<div class="ContentPasted0"><u>Burford 1.35 7.79 306.48 1.35 7.11 279.91</u></div>
<div class="ContentPasted0"><u>Port Perry 1.05 7.49 294.67 1.10 6.86 270.07</u></div>
<div class="ContentPasted0"><u>Norfolk 1.40 7.84 308.45 1.35 7.11 279.91</u></div>
<div class="ContentPasted0"><u>Palmerston 1.34 7.78 306.09N/A</u></div>
<div class="ContentPasted0"><u>Varna 1.35 7.79 306.48 1.35 7.11 279.91</u></div>
<div class="ContentPasted0"><u>Belmore 1.30 7.74 304.51 1.30 7.06 277.94</u></div>
<div class="ContentPasted0"><u>Trenton 1.20 7.64 300.58 1.20 6.96 274.00</u></div>
<div class="ContentPasted0"><u>Winchester 1.40 7.84 308.45 1.40 7.16 281.88</u></div>
<div class="ContentPasted0"><u>North Gower 1.37 7.81 307.27 1.37 7.13 280.70</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 1.09 7.53 296.25 1.19 6.95 273.61</u></div>
<div class="ContentPasted0"><u>Huron FOB N/A 1.40 1.50 1.58 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB 1.50 7.94 312.39 1.45 7.21 283.85</u></div>
<div class="ContentPasted0"><u>Lamb FOB N/A N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB N/A 1.45N/A N/A 1.40 7.16 281.88</u></div>
<div class="ContentPasted0"><u>FOB SW Que 2.44 8.88 349.39N/A</u></div>
<div class="ContentPasted0"><u>Track 2.01 8.44 332.27N/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 7.71 303.53</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 2.01 8.44 332.27</u></div>
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</u></div>
<div class="ContentPasted0"><u>US Rep 2.49 8.93 351.36</u></div>
<div class="ContentPasted0"><u>Toledo El. -0.42 6.01 236.77 -0.41 5.35 210.73</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb N/A 1.50 7.26 285.81</u></div>
<div class="ContentPasted0"><u>Prescott N/A 1.78 7.54 296.84</u></div>
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<div class="ContentPasted0"><u>HI SD CRN 1.40 7.83 1/2</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3576 down 0.0025</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed mixed.</u></div>
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</u></div>
<div class="ContentPasted0"><u> MAY23 HI 15.24 3/4 NOV23 HI 13.75</u></div>
<div class="ContentPasted0"><u> LOW 15.08 1/4 LOW 13.67</u></div>
<div class="ContentPasted0"><u> CLOSE15.12 3/4 Down 6 1/2 CLOSE 13.72 Down 2</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 4.98 20.11 738.82 4.15 17.87 656.61</u></div>
<div class="ContentPasted0"><u>CK High 5.00 20.13 739.56 4.16 17.88 656.98</u></div>
<div class="ContentPasted0"><u>CK Average 5.00 -0.30 20.12 739.45 4.15 -0.56 17.87 656.66</u></div>
<div class="ContentPasted0"><u>Essex Cty 5.00 20.13 739.56 4.15 17.87 656.61</u></div>
<div class="ContentPasted0"><u>Mdsx Low 5.00 20.13 739.56 4.15 17.87 656.61</u></div>
<div class="ContentPasted0"><u>Mdsx High 5.02 20.15 740.29 4.20 17.92 658.45</u></div>
<div class="ContentPasted0"><u>Mdsx Average5.01 -0.30 20.13 739.74 4.18 -0.54 17.90 657.53</u></div>
<div class="ContentPasted0"><u>Hensall 5.00 20.13 739.56 4.15 17.87 656.61</u></div>
<div class="ContentPasted0"><u>Bruce 5.00 20.13 739.56 4.15 17.87 656.61</u></div>
<div class="ContentPasted0"><u>Putnam 5.00 20.13 739.56 4.15 17.87 656.61</u></div>
<div class="ContentPasted0"><u>Burford 5.09 20.22 742.87 4.27 17.99 661.02</u></div>
<div class="ContentPasted0"><u>Port Perry 4.93 20.06 736.99 4.11 17.83 655.14</u></div>
<div class="ContentPasted0"><u>Norfolk 5.00 20.13 739.56 4.15 17.87 656.61</u></div>
<div class="ContentPasted0"><u>Palmerston 4.92 20.05 736.62 N/A</u></div>
<div class="ContentPasted0"><u>Varna 5.00 20.13 739.56 4.15 17.87 656.61</u></div>
<div class="ContentPasted0"><u>Trenton 5.00 20.13 739.56 4.15 17.87 656.61</u></div>
<div class="ContentPasted0"><u>Winchester 5.00 20.13 739.56 4.15 17.87 656.61</u></div>
<div class="ContentPasted0"><u>North Gower 4.80 19.93 732.21 4.00 17.72 651.10</u></div>
<div class="ContentPasted0"><u>Vankleek Hil5.40 20.53 754.26 4.05 17.77 652.94</u></div>
<div class="ContentPasted0"><u>Huron FOB N/A 5.05 5.33 5.33 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB 5.25 20.38 748.74 4.15 17.87 656.61</u></div>
<div class="ContentPasted0"><u>Lambton FOB 5.15 20.28 745.07 N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 5.30 5.44 N/A N/A 20.43 750.58 4.50 18.22 669.47</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor N/A 4.75 18.47 678.66</u></div>
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</u></div>
<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton 5.60 20.73 761.61 4.80 18.52 680.49</u></div>
<div class="ContentPasted0"><u>Prescott N/A 4.46 18.18 668.00</u></div>
<div class="ContentPasted0"><u>Port Colborn5.31 20.44 750.95 4.99 18.71 687.47</u></div>
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<div class="ContentPasted0"><u>Toledo El. -0.27 14.86 545.86 -0.61 13.11 481.68</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3576 down 0.0025</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed slightly to moderately lower.</u></div>
<div class="ContentPasted0"><u>MAY23 HI 7.24 JUL23 HI 7.31 1/2</u></div>
<div class="ContentPasted0"><u> LOW 7.05 3/4 LOW 7.14</u></div>
<div class="ContentPasted0"><u> CLOSE 7.10 Down 11 3/4 CLOSE 7.18 Down 11 1/4</u></div>
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</u></div>
<div class="ContentPasted0"><u>Minni wheat closed slightly to moderately lower.</u></div>
<div class="ContentPasted0"><u>MAY23 HI 8.87 1/2 SEP23 HI 8.65 1/4</u></div>
<div class="ContentPasted0"><u> LOW 8.65 3/4 LOW 8.50 1/4</u></div>
<div class="ContentPasted0"><u> CLOSE 8.68 1/2 Down 14 CLOSE 8.53 1/4 Down 10 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 1.45 N/A N/A N/A 1.35 N/A</u></div>
<div class="ContentPasted0"><u>London 2.34 1.86 1.32 N/A 2.76 1.87 1.32 N/A</u></div>
<div class="ContentPasted0"><u>Hensall 4.20 N/A 1.45 N/A 2.90 N/A 1.30 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 1.45 1.15 2.30 1.80 1.40 1.15</u></div>
<div class="ContentPasted0"><u>Essex N/A N/A 1.35 N/A N/A N/A 1.35 N/A</u></div>
<div class="ContentPasted0"><u>Norwich 4.20 N/A 1.45 N/A 2.90 N/A 1.30 N/A</u></div>
<div class="ContentPasted0"><u>Belmore 2.50 1.75 1.50 1.15 2.00 1.90 1.35 N/A</u></div>
<div class="ContentPasted0"><u>Kent Bridge 4.20 N/A 1.45 N/A 2.90 N/A 1.30 N/A</u></div>
<div class="ContentPasted0"><u>Chatham N/A N/A 1.35 N/A N/A N/A 1.35 N/A</u></div>
<div class="ContentPasted0"><u>Brigden N/A N/A 1.35 N/A N/A N/A 1.35 N/A</u></div>
<div class="ContentPasted0"><u>Palmerston N/A 1.73 1.18 N/A N/A N/A N/A N/A</u></div>
<div class="ContentPasted0"><u>Varna 4.15 2.20 1.50 N/A 2.90 2.00 1.35 N/A</u></div>
<div class="ContentPasted0"><u>Mitchell 4.20 N/A 1.45 N/A 2.90 1.95 1.30 N/A</u></div>
<div class="ContentPasted0"><u>Thornton 2.34 1.86 1.32 2.07 2.76 1.87 1.32 N/A</u></div>
<div class="ContentPasted0"><u>North Gower N/A 1.40 1.70 1.93 N/A 1.10 1.40 1.52</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 2.13 N/A N/A N/A 1.93 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 2.43 N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. 6.71US 9.11CA 6.93US 9.41CA</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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</u></div>
<div class="ContentPasted0"><u>FEED GRAINS</u></div>
<div class="ContentPasted0"><u>FOB Hm Soymeal 783.43</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm 365.00</u></div>
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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"">Blair Andrews<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"">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
<o:p> </o:p></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">Fax. 519-674-1530<br>
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<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
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