FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, February 28 (All Bases in CAD) Exchange rate was 1.3624 up 0.0048 Chicago corn closed slightly to moderately lower. MAY23 HI 6.46 3/4 DEC23 HI 5.77 LOW 6.30 LOW 5.68 3/4 CLOSE6.30 1/4 Down 13 1/4 CLOSE 5.69 3/4 Down 6 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAY23+JUL23+JUL23 CK Low 1.30 7.60 299.30 1.30 7.00 275.48 CK High 1.40 7.70 303.23 1.35 7.05 277.45 CK Avg 1.36 -0.68 7.66 301.49 1.34 -0.54 7.03 276.89 Essex Cty 1.30 7.60 299.30 1.30 7.00 275.48 Mdsx Low 1.35 7.65 301.27 1.35 7.05 277.45 Mdsx High 1.40 7.70 303.23 1.35 7.05 277.45 Mdsx Avg 1.37 -0.67 7.67 301.92 1.35 -0.52 7.05 277.45 Hensall 1.36 7.67 301.79 1.37 7.06 278.10 Bruce 1.35 7.65 301.27 1.35 7.05 277.45 Putnam 1.35 7.65 301.27 1.35 7.05 277.45 Burford 1.35 7.65 301.27 1.35 7.05 277.45 Port Perry 1.05 7.35 289.46 1.10 6.80 267.61 Norfolk 1.40 7.70 303.23 1.35 7.05 277.45 Palmerston 1.33 7.63 300.48N/A Varna 1.35 7.65 301.27 1.35 7.05 277.45 Belmore 1.30 7.60 299.30 1.30 7.00 275.48 Trenton 1.20 7.50 295.36 1.20 6.90 271.54 Winchester 1.40 7.70 303.23 1.40 7.10 279.42 North Gower 1.37 7.67 302.05 1.37 7.07 278.24 Vankleek Hil 1.13 7.43 292.60 1.06 6.76 266.03 Huron FOB 1.35 1.43 1.57N/A 7.65 301.27N/A Kent FOB 1.60 7.90 311.11 1.40 7.10 279.42 Lamb FOB N/A N/A Mdsx FOB 1.40N/A N/A N/A 7.70 303.23 1.40 7.10 279.42 FOB SW Que 2.09 8.39 330.40N/A Track 1.97 8.27 325.52N/A PROCESSORS Chat-Eth N/A N/A N/A N/A N/A Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth N/A N/A N/A N/A N/A Sarn-Eth N/A N/A N/A N/A N/A London-Ing N/A N/A N/A N/A 1.95 7.65 301.07 Cardnl-Ing N/A N/A N/A N/A N/A W O Feed 1.99 8.29 326.26 US Rep 2.47 8.77 345.36 Toledo El. -0.34 5.96 234.71 -0.41 5.29 208.21 TRANSFER Pt. Colb N/A 1.50 7.20 283.35 Prescott N/A 1.75 7.45 293.20 HI SD CRN 1.40 7.70 1/4 *Wet Bid Exchange rate was 1.3624 up 0.0048 Chicago soybeans closed moderately lower to lower. MAY23 HI 15.13 1/4 NOV23 HI 13.73 LOW 14.77 3/4 LOW 13.45 CLOSE14.79 Down 33 3/4 CLOSE 13.47 1/4 Down 24 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAY23+MAY23+JUL23 CK Low 4.91 19.70 723.85 4.10 17.57 645.68 CK High 4.95 19.74 725.32 4.16 17.63 647.88 CK Average 4.94 -0.31 19.73 725.11 4.14 -0.55 17.61 647.04 Essex Cty 4.95 19.74 725.32 4.15 17.62 647.52 Mdsx Low 4.95 19.74 725.32 4.10 17.57 645.68 Mdsx High 5.00 19.79 727.16 4.20 17.67 649.35 Mdsx Average4.96 -0.29 19.75 725.78 4.15 -0.54 17.62 647.52 Hensall 4.95 19.74 725.32 4.10 17.57 645.68 Bruce 4.95 19.74 725.32 4.10 17.57 645.68 Putnam 4.95 19.74 725.32 4.10 17.57 645.68 Burford 5.02 19.81 727.89 4.27 17.74 651.93 Port Perry 4.86 19.65 722.01 4.11 17.58 646.05 Norfolk 4.95 19.74 725.32 4.15 17.62 647.52 Palmerston 4.96 19.75 725.69 N/A Varna 4.95 19.74 725.32 4.10 17.57 645.68 Trenton 5.00 19.79 727.16 4.15 17.62 647.52 Winchester 4.95 19.74 725.32 4.10 17.57 645.68 North Gower 4.90 19.69 723.48 4.10 17.57 645.68 Vankleek Hil5.44 20.23 743.33 3.98 17.45 641.27 Huron FOB 5.10 5.13 5.26 N/A 19.89 730.83 N/A Kent FOB 5.20 19.99 734.51 4.15 17.62 647.52 Lambton FOB 5.13 19.92 731.93 N/A Mdsx FOB 5.28 N/A N/A N/A 20.07 737.45 4.40 17.87 656.70 PROCESSORS Windsor 5.73 20.52 753.98 4.75 18.22 669.56 TRANSFER Hamilton 5.55 20.34 747.37 4.80 18.27 671.40 Prescott N/A 4.44 17.91 658.17 Port Colborn5.16 19.95 733.04 4.88 18.35 674.34 Toledo El. -0.27 14.52 533.43 -0.61 12.86 472.50 Exchange rate was 1.3624 up 0.0048 Chicago wheat closed slightly lower. MAY23 HI 7.15 JUL23 HI 7.23 LOW 7.02 1/2 LOW 7.11 1/4 CLOSE 7.05 1/2 Down 4 1/2 CLOSE 7.13 3/4 Down 4 1/4 Minni wheat closed slightly lower. MAY23 HI 8.71 1/4 SEP23 HI 8.56 LOW 8.63 LOW 8.48 1/4 CLOSE 8.66 3/4 Down 1 3/4 CLOSE 8.51 3/4 Down 1 1/2 Direct MarkHarvest 2022 Harvest 2023 DELIVERED BASIS DELIVERED BASIS Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M) ELEVATORS Brgssvll N/A N/A 1.45 N/A N/A N/A 1.35 N/A London 2.28 1.80 1.26 N/A 2.70 1.82 1.28 N/A Hensall 4.20 N/A 1.45 N/A 2.90 N/A 1.30 N/A Trenton N/A N/A N/A N/A N/A N/A 1.40 N/A Bruce 2.35 1.85 1.45 1.15 2.30 1.80 1.35 1.15 Essex N/A N/A 1.40 N/A N/A N/A 1.35 N/A Norwich 4.20 N/A 1.45 N/A 2.90 N/A 1.30 N/A Belmore 2.50 1.75 1.45 1.15 2.00 1.90 1.35 N/A Kent Bridge 4.20 N/A 1.45 N/A 2.90 N/A 1.30 N/A Chatham N/A N/A 1.40 N/A N/A N/A 1.35 N/A Brigden N/A N/A 1.40 N/A N/A N/A 1.35 N/A Palmerston N/A 1.76 1.21 N/A N/A N/A N/A N/A Varna 4.10 2.15 1.45 N/A 2.90 2.00 1.35 N/A Mitchell 4.20 N/A 1.45 N/A 2.90 1.95 1.30 N/A Thornton 2.28 1.80 1.26 2.00 2.70 1.82 1.28 N/A North Gower N/A 1.40 1.70 1.92 N/A 1.10 1.40 1.52 W O Feed 2.11 TERMINAL Port Colbor N/A N/A 2.07 N/A N/A N/A 1.89 N/A PROCESSORS Toledo FM N/A N/A N/A N/A N/A N/A 2.45 N/A Toledo El. 6.71US 9.13CA 6.89US 9.38CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 771.19 DDG's FOB Aylm 365.00