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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, December 28</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3214 up 0.0017</u></div>
<div class="ContentPasted0"><u>Chicago corn closed slightly lower.</u></div>
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<div class="ContentPasted0"><u> MAR24 HI 4.78 3/4 DEC24 HI 5.08 1/4</u></div>
<div class="ContentPasted0"><u> LOW 4.74 LOW 5.04</u></div>
<div class="ContentPasted0"><u> CLOSE4.74 1/4 Down 2 1/4 CLOSE 5.04 3/4 Down 1 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 +MAR24+MAR24+MAY24</u></div>
<div class="ContentPasted0"><u>CK Low 0.65 5.39 212.29 0.95 6.00 236.11</u></div>
<div class="ContentPasted0"><u>CK High 0.70 5.44 214.26 1.00 6.05 238.08</u></div>
<div class="ContentPasted0"><u>CK Avg 0.66 -0.66 5.40 212.57 0.99 -0.48 6.04 237.80</u></div>
<div class="ContentPasted0"><u>Essex Cty 0.65 5.39 212.29 1.00 6.05 238.08</u></div>
<div class="ContentPasted0"><u>Mdsx Low 0.65 5.39 212.29 0.95 6.00 236.11</u></div>
<div class="ContentPasted0"><u>Mdsx High 0.65 5.39 212.29 1.00 6.05 238.08</u></div>
<div class="ContentPasted0"><u>Mdsx Avg 0.65 -0.66 5.39 212.29 0.99 -0.48 6.04 237.59</u></div>
<div class="ContentPasted0"><u>Hensall 0.67 5.41 212.95 1.02 6.06 238.74</u></div>
<div class="ContentPasted0"><u>Bruce 0.65 5.39 212.29 1.00 6.05 238.08</u></div>
<div class="ContentPasted0"><u>Putnam 0.65 5.39 212.29 1.00 6.05 238.08</u></div>
<div class="ContentPasted0"><u>Guelph 0.65 5.39 212.29 0.95 6.00 236.11</u></div>
<div class="ContentPasted0"><u>Burford 0.65 5.39 212.29 0.95 6.00 236.11</u></div>
<div class="ContentPasted0"><u>Port Perry 0.40 5.14 202.45 0.80 5.85 230.21</u></div>
<div class="ContentPasted0"><u>Norfolk 0.65 5.39 212.29 1.00 6.05 238.08</u></div>
<div class="ContentPasted0"><u>Palmerston 0.65 5.39 212.29 1.00 6.05 238.08</u></div>
<div class="ContentPasted0"><u>Varna 0.65 5.39 212.29 1.00 6.05 238.08</u></div>
<div class="ContentPasted0"><u>Belmore 0.65 5.39 212.29 1.00 6.05 238.08</u></div>
<div class="ContentPasted0"><u>Trenton 0.45 5.19 204.42 0.85 5.90 232.17</u></div>
<div class="ContentPasted0"><u>Winchester 0.85 5.59 220.17 1.20 6.25 245.95</u></div>
<div class="ContentPasted0"><u>North Gower 0.75 5.49 216.23 1.10 6.15 242.02</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 1.18 5.92 233.16 0.87 5.92 232.96</u></div>
<div class="ContentPasted0"><u>Huron FOB 0.65 0.74 0.81N/A 5.39 212.29N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB 0.85 5.59 220.17 1.05 6.10 240.05</u></div>
<div class="ContentPasted0"><u>Lamb FOB 0.86 5.60 220.56N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 0.85 1.00 1.00 0.95 5.59 220.17 0.90 5.95 234.14</u></div>
<div class="ContentPasted0"><u>FOB SW Que 2.23 6.97 274.50N/A</u></div>
<div class="ContentPasted0"><u>Track 1.26 6.01 236.41N/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 1.50 6.55 257.76</u></div>
<div class="ContentPasted0"><u>Cardnl-Ing N/A N/A N/A N/A 1.55 6.60 259.73</u></div>
<div class="ContentPasted0"><u>W O Feed 1.28 6.03 237.23</u></div>
<div class="ContentPasted0"><u>max 5.0 ppm</u></div>
<div class="ContentPasted0"><u>US Rep 1.66 6.40 252.06</u></div>
<div class="ContentPasted0"><u>Toledo El. -0.53 4.21 165.89 -0.53 4.52 177.90</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb 0.85 5.59 220.17 1.15 6.20 243.98</u></div>
<div class="ContentPasted0"><u>Prescott N/A 1.26 6.31 248.32</u></div>
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<div class="ContentPasted0"><u>HI SD CRN 0.70 5.44 1/4</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3214 up 0.0017</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed slightly lower.</u></div>
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<div class="ContentPasted0"><u> MAR24 HI 13.27 1/2 NOV24 HI 12.70 1/4</u></div>
<div class="ContentPasted0"><u> LOW 13.09 LOW 12.56 1/4</u></div>
<div class="ContentPasted0"><u> CLOSE13.12 Down 8 1/2 CLOSE 12.58 3/4 Down 6 1/2</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 +MAR24+MAR24+MAR24</u></div>
<div class="ContentPasted0"><u>CK Low 3.05 16.17 594.15 2.90 15.49 569.07</u></div>
<div class="ContentPasted0"><u>CK High 3.10 16.22 595.98 3.10 15.69 576.42</u></div>
<div class="ContentPasted0"><u>CK Average 3.06 -0.88 16.18 594.51 2.96 -0.82 15.55 571.43</u></div>
<div class="ContentPasted0"><u>Essex Cty 3.05 16.17 594.15 3.00 15.59 572.74</u></div>
<div class="ContentPasted0"><u>Mdsx Low 3.00 16.12 592.31 2.83 15.42 566.50</u></div>
<div class="ContentPasted0"><u>Mdsx High 3.05 16.17 594.15 2.90 15.49 569.07</u></div>
<div class="ContentPasted0"><u>Mdsx Average3.04 -0.89 16.16 593.69 2.88 -0.88 15.47 568.43</u></div>
<div class="ContentPasted0"><u>Hensall 2.97 16.09 591.08 2.85 15.44 567.23</u></div>
<div class="ContentPasted0"><u>Bruce 2.95 16.07 590.47 2.85 15.44 567.23</u></div>
<div class="ContentPasted0"><u>Putnam 3.05 16.17 594.15 2.90 15.49 569.07</u></div>
<div class="ContentPasted0"><u>Guelph 2.90 16.02 588.63 2.74 15.33 563.19</u></div>
<div class="ContentPasted0"><u>Burford 3.16 16.28 598.19 2.99 15.58 572.38</u></div>
<div class="ContentPasted0"><u>Port Perry 2.94 16.06 590.10 2.77 15.36 564.29</u></div>
<div class="ContentPasted0"><u>Norfolk 3.05 16.17 594.15 2.95 15.54 570.91</u></div>
<div class="ContentPasted0"><u>Palmerston 2.90 16.02 588.63 2.80 15.39 565.39</u></div>
<div class="ContentPasted0"><u>Varna 2.95 16.07 590.47 2.85 15.44 567.23</u></div>
<div class="ContentPasted0"><u>Trenton 2.83 15.95 586.06 2.70 15.29 561.72</u></div>
<div class="ContentPasted0"><u>Winchester 2.38 15.50 569.53 2.95 15.54 570.91</u></div>
<div class="ContentPasted0"><u>North Gower 2.78 15.90 584.22 3.20 15.79 580.09</u></div>
<div class="ContentPasted0"><u>Vankleek Hil3.02 16.14 593.04 2.94 15.53 570.54</u></div>
<div class="ContentPasted0"><u>Huron FOB 2.94 3.01 3.10 N/A 16.06 590.10 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB 3.25 16.37 601.49 2.90 15.49 569.07</u></div>
<div class="ContentPasted0"><u>Lambton FOB 3.10 16.22 595.98 N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 3.18 3.18 3.32 3.39 16.30 598.92 3.00 15.59 572.74</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor 3.69 16.81 617.66 3.55 16.14 592.95</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton 3.65 16.77 616.19 3.45 16.04 589.28</u></div>
<div class="ContentPasted0"><u>Prescott N/A 3.33 15.92 584.87</u></div>
<div class="ContentPasted0"><u>Port Colborn3.58 16.70 613.62 3.48 16.07 590.38</u></div>
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<div class="ContentPasted0"><u>Toledo El. -0.53 12.59 462.66 -0.73 11.86 435.81</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3214 up 0.0017</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed slightly higher.</u></div>
<div class="ContentPasted0"><u>MAR24 HI 6.36 1/4 JUL24 HI 6.51 3/4</u></div>
<div class="ContentPasted0"><u> LOW 6.21 3/4 LOW 6.38 1/2</u></div>
<div class="ContentPasted0"><u> CLOSE 6.31 1/2 Up 8 1/2 CLOSE 6.47 3/4 Up 8 1/4</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed slightly higher.</u></div>
<div class="ContentPasted0"><u>MAR24 HI 7.28 3/4 SEP24 HI 7.53 3/4</u></div>
<div class="ContentPasted0"><u> LOW 7.20 LOW 7.49</u></div>
<div class="ContentPasted0"><u> CLOSE 7.25 1/2 Up 3 3/4 CLOSE 7.50 3/4 Up 3</u></div>
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<div class="ContentPasted0"><u>Direct MarkHarvest 2023 Harvest 2024</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 1.05 N/A N/A N/A 1.15 N/A</u></div>
<div class="ContentPasted0"><u>London 1.36 1.36 1.01 N/A 1.35 1.48 1.08 N/A</u></div>
<div class="ContentPasted0"><u>Hensall 1.15 1.45 1.05 1.05 1.55 1.55 1.10 N/A</u></div>
<div class="ContentPasted0"><u>Trenton N/A N/A N/A N/A N/A N/A 1.15 N/A</u></div>
<div class="ContentPasted0"><u>Bruce N/A 1.35 1.05 1.00 1.40 1.40 1.10 N/A</u></div>
<div class="ContentPasted0"><u>Essex N/A N/A 1.05 N/A N/A N/A 1.00 N/A</u></div>
<div class="ContentPasted0"><u>Norwich 1.20 N/A 1.05 N/A 1.65 N/A 1.15 N/A</u></div>
<div class="ContentPasted0"><u>Belmore N/A 0.90 1.05 0.90 1.70 1.15 1.15 N/A</u></div>
<div class="ContentPasted0"><u>Kent Bridge 1.20 N/A 1.05 N/A 1.65 N/A 1.15 N/A</u></div>
<div class="ContentPasted0"><u>Chatham N/A N/A 1.05 N/A N/A N/A 1.00 N/A</u></div>
<div class="ContentPasted0"><u>Brigden N/A N/A 1.05 N/A N/A N/A 1.00 N/A</u></div>
<div class="ContentPasted0"><u>Palmerston N/A 0.90 1.05 0.90 1.70 1.15 1.15 N/A</u></div>
<div class="ContentPasted0"><u>Varna 1.15 1.45 1.05 N/A 1.55 1.55 1.10 N/A</u></div>
<div class="ContentPasted0"><u>Mitchell 1.20 1.30 1.05 N/A 1.65 1.55 1.15 N/A</u></div>
<div class="ContentPasted0"><u>Thornton 1.36 1.36 1.01 0.87 1.35 1.48 1.08 N/A</u></div>
<div class="ContentPasted0"><u>North Gower N/A 0.60 0.80 0.72 N/A 1.00 1.30 0.92</u></div>
<div class="ContentPasted0"><u>W O Feed 1.95</u></div>
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<div class="ContentPasted0"><u>TERMINAL</u></div>
<div class="ContentPasted0"><u>Port Colbor N/A N/A 1.63 N/A N/A N/A 1.48 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 1.95 N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. N/A 6.24US 8.24CA</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 654.78</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm 280.00</u></div>
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<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);" class="ContentPasted0">
<span style="font-family: "Courier New"; font-size: 10pt;">Blair Andrews</span><o:p style="font-family: "Courier New"; font-size: 10pt; font-style: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; font-weight: inherit;"> </o:p><br>
</div>
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<div id="Signature">
<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, 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: rgb(253, 253, 253);">This Farm Market News product is sponsored by:</span><br>
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