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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, December 29</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3228 up 0.0014</u></div>
<div class="ContentPasted0"><u>Chicago corn closed slightly lower.</u></div>
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</u></div>
<div class="ContentPasted0"><u>      MAR24   HI 4.75                         DEC24    HI 5.05  3/4</u></div>
<div class="ContentPasted0"><u>             LOW 4.70  1/2                            LOW 5.03</u></div>
<div class="ContentPasted0"><u>            CLOSE4.71  1/4  Down 3                  CLOSE 5.03  1/2  Down 1 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        +MAR24+MAY24+MAY24</u></div>
<div class="ContentPasted0"><u>CK Low       0.65                        5.36 211.11  0.95         5.99 235.62</u></div>
<div class="ContentPasted0"><u>CK High      0.70                        5.41 213.08  1.00         6.04 237.59</u></div>
<div class="ContentPasted0"><u>CK Avg       0.66                  -0.65 5.37 211.39  0.99 -0.48   6.03 237.31</u></div>
<div class="ContentPasted0"><u>Essex Cty    0.65                        5.36 211.11  1.00         6.04 237.59</u></div>
<div class="ContentPasted0"><u>Mdsx Low     0.65                        5.36 211.11  0.95         5.99 235.62</u></div>
<div class="ContentPasted0"><u>Mdsx High    0.65                        5.36 211.11  1.00         6.04 237.59</u></div>
<div class="ContentPasted0"><u>Mdsx Avg     0.65                  -0.66 5.36 211.11  0.99 -0.48   6.02 237.10</u></div>
<div class="ContentPasted0"><u>Hensall      0.67                        5.38 211.77  1.02         6.05 238.24</u></div>
<div class="ContentPasted0"><u>Bruce        0.65                        5.36 211.11  1.00         6.04 237.59</u></div>
<div class="ContentPasted0"><u>Putnam       0.65                        5.36 211.11  1.00         6.04 237.59</u></div>
<div class="ContentPasted0"><u>Guelph       0.65                        5.36 211.11  0.95         5.99 235.62</u></div>
<div class="ContentPasted0"><u>Burford      0.65                        5.36 211.11  0.95         5.99 235.62</u></div>
<div class="ContentPasted0"><u>Port Perry   0.40                        5.11 201.27  0.80         5.84 229.71</u></div>
<div class="ContentPasted0"><u>Norfolk      0.65                        5.36 211.11  1.00         6.04 237.59</u></div>
<div class="ContentPasted0"><u>Palmerston   0.65                        5.36 211.11  1.00         6.04 237.59</u></div>
<div class="ContentPasted0"><u>Varna        0.65                        5.36 211.11  1.00         6.04 237.59</u></div>
<div class="ContentPasted0"><u>Belmore      0.65                        5.36 211.11  1.00         6.04 237.59</u></div>
<div class="ContentPasted0"><u>Trenton      0.45                        5.16 203.24  0.85         5.89 231.68</u></div>
<div class="ContentPasted0"><u>Winchester   0.85                        5.56 218.99  1.20         6.24 245.46</u></div>
<div class="ContentPasted0"><u>North Gower  0.75                        5.46 215.05  1.10         6.14 241.52</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 1.20                        5.91 232.76  0.89         5.93 233.26</u></div>
<div class="ContentPasted0"><u>Huron FOB    0.74  0.81  0.85N/A         5.45 214.66N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB     0.90                        5.61 220.95  1.05         6.09 239.56</u></div>
<div class="ContentPasted0"><u>Lamb FOB     0.86                        5.57 219.38N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB     0.95  0.95  0.90  0.95      5.66 222.92  0.95         5.99 235.62</u></div>
<div class="ContentPasted0"><u>FOB SW Que   2.23                        6.94 273.31N/A</u></div>
<div class="ContentPasted0"><u>Track        1.26                        5.97 235.03N/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         6.54 257.27</u></div>
<div class="ContentPasted0"><u>Cardnl-Ing  N/A  N/A   N/A   N/A                      1.55         6.59 259.24</u></div>
<div class="ContentPasted0"><u>W O Feed     1.28                        5.99 235.78</u></div>
<div class="ContentPasted0"><u>max 5.0 ppm</u></div>
<div class="ContentPasted0"><u>US Rep       1.65                        6.36 250.48</u></div>
<div class="ContentPasted0"><u>Toledo El.  -0.53                        4.18 164.69 -0.53         4.51 177.39</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb    N/A                                       1.15         6.19 243.49</u></div>
<div class="ContentPasted0"><u>Prescott     1.27                        5.98 235.52  1.29         6.33 249.00</u></div>
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<div class="ContentPasted0"><u>HI SD CRN    0.70                        5.41 1/4</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3228 up 0.0014</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed slightly lower.</u></div>
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<div class="ContentPasted0"><u>      MAR24   HI 13.16  3/4              NOV24     HI 12.62</u></div>
<div class="ContentPasted0"><u>             LOW 12.96  3/4                       LOW 12.44  1/2</u></div>
<div class="ContentPasted0"><u>            CLOSE12.98   Down 14                CLOSE 12.45  3/4  Down 13</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+MAY24</u></div>
<div class="ContentPasted0"><u>CK Low      3.05                         16.03 589.00  2.89        15.35 563.92</u></div>
<div class="ContentPasted0"><u>CK High     3.10                         16.08 590.84  3.10        15.56 571.64</u></div>
<div class="ContentPasted0"><u>CK Average  3.06                   -0.85 16.04 589.32  2.96 -0.80  15.42 566.60</u></div>
<div class="ContentPasted0"><u>Essex Cty   3.05                         16.03 589.00  3.00        15.46 567.97</u></div>
<div class="ContentPasted0"><u>Mdsx Low    2.99                         15.97 586.80  2.82        15.28 561.35</u></div>
<div class="ContentPasted0"><u>Mdsx High   3.05                         16.03 589.00  2.90        15.36 564.29</u></div>
<div class="ContentPasted0"><u>Mdsx Average3.04                   -0.87 16.02 588.45  2.88 -0.86  15.34 563.56</u></div>
<div class="ContentPasted0"><u>Hensall     2.98                         15.96 586.55  2.87        15.32 563.07</u></div>
<div class="ContentPasted0"><u>Bruce       2.95                         15.93 585.33  2.85        15.31 562.45</u></div>
<div class="ContentPasted0"><u>Putnam      3.05                         16.03 589.00  2.90        15.36 564.29</u></div>
<div class="ContentPasted0"><u>Guelph      2.90                         15.88 583.49  2.77        15.23 559.51</u></div>
<div class="ContentPasted0"><u>Burford     3.15                         16.13 592.68  2.98        15.44 567.23</u></div>
<div class="ContentPasted0"><u>Port Perry  2.93                         15.91 584.59  2.76        15.22 559.15</u></div>
<div class="ContentPasted0"><u>Norfolk     3.05                         16.03 589.00  2.95        15.41 566.13</u></div>
<div class="ContentPasted0"><u>Palmerston  2.95                         15.93 585.33  2.85        15.31 562.45</u></div>
<div class="ContentPasted0"><u>Varna       2.95                         15.93 585.33  2.85        15.31 562.45</u></div>
<div class="ContentPasted0"><u>Trenton     2.86                         15.84 582.02  2.70        15.16 556.94</u></div>
<div class="ContentPasted0"><u>Winchester  2.41                         15.39 565.49  2.95        15.41 566.13</u></div>
<div class="ContentPasted0"><u>North Gower 2.83                         15.81 580.92  3.10        15.56 571.64</u></div>
<div class="ContentPasted0"><u>Vankleek Hil3.04                         16.02 588.63  2.97        15.43 566.86</u></div>
<div class="ContentPasted0"><u>Huron FOB   3.00  3.07  3.13  N/A        15.98 587.16  N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB    3.30                         16.28 598.19  2.90        15.36 564.29</u></div>
<div class="ContentPasted0"><u>Lambton FOB 3.10                         16.08 590.84  N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB    3.17  3.30  3.37  3.47       16.15 593.41  2.99        15.45 567.60</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor     3.66                         16.64 611.42  3.53        15.99 587.44</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton    3.65                         16.63 611.05  3.45        15.91 584.50</u></div>
<div class="ContentPasted0"><u>Prescott     N/A                                       3.36        15.82 581.19</u></div>
<div class="ContentPasted0"><u>Port Colborn3.57                         16.55 608.11  3.46        15.92 584.87</u></div>
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<div class="ContentPasted0"><u>Toledo El.  -0.53                        12.45 457.49 -0.73        11.73 431.00</u></div>
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</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3228 up 0.0014</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed slightly lower.</u></div>
<div class="ContentPasted0"><u>MAR24      HI     6.33  1/2            JUL24   HI      6.49  3/4</u></div>
<div class="ContentPasted0"><u>           LOW    6.21  1/2                    LOW     6.39  1/2</u></div>
<div class="ContentPasted0"><u>           CLOSE  6.28   Down 3 1/2            CLOSE   6.45  3/4  Down 2</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed slightly lower.</u></div>
<div class="ContentPasted0"><u>MAR24      HI     7.28  1/2            SEP24   HI      7.50  1/4</u></div>
<div class="ContentPasted0"><u>           LOW    7.19  1/4                    LOW        7.47</u></div>
<div class="ContentPasted0"><u>           CLOSE  7.23  1/2  Down 2            CLOSE   7.47   Down 3 3/4</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      1.38   1.38   1.02    N/A    1.37    1.50   1.10    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   1.10    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   1.10    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    1.38   1.38   1.02   0.90    1.37    1.50   1.10    N/A</u></div>
<div class="ContentPasted0"><u>North Gower  N/A   0.80   0.80   0.82    N/A     1.11   1.41   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   1.65    N/A    N/A     N/A    1.50    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   1.56    N/A    N/A     N/A    1.95    N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El.   N/A                        6.22US         8.22CA</u></div>
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</u></div>
<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            647.07</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm            280.00</u></div>
<u><br>
</u>
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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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<span style="font-size:10.0pt;font-family:"Courier New"">Editor, Farm Market News
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<span style="font-size:10.0pt;font-family:"Courier New"">University of Guelph, Ridgetown Campus<o:p> </o:p></span></p>
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