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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, January 2</u></div>
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<div class="ContentPasted0"><u>(All Bases in CAD)</u></div>
<div class="ContentPasted0"><u>Exchange rate was 1.3309 up 0.0081</u></div>
<div class="ContentPasted0"><u>Chicago corn closed slightly to moderately lower.</u></div>
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<div class="ContentPasted0"><u> MAR24 HI 4.70 3/4 DEC24 HI 5.02 1/4</u></div>
<div class="ContentPasted0"><u> LOW 4.62 1/2 LOW 4.96 1/2</u></div>
<div class="ContentPasted0"><u> CLOSE4.63 3/4 Down 7 1/2 CLOSE 4.98 1/4 Down 5 1/4</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+MAY24+MAY24</u></div>
<div class="ContentPasted0"><u>CK Low 0.65 5.29 208.16 0.95 5.93 233.55</u></div>
<div class="ContentPasted0"><u>CK High 0.65 5.29 208.16 0.95 5.93 233.55</u></div>
<div class="ContentPasted0"><u>CK Avg 0.65 -0.66 5.29 208.16 0.95 -0.53 5.93 233.55</u></div>
<div class="ContentPasted0"><u>Essex Cty 0.65 5.29 208.16 0.95 5.93 233.55</u></div>
<div class="ContentPasted0"><u>Mdsx Low 0.65 5.29 208.16 0.95 5.93 233.55</u></div>
<div class="ContentPasted0"><u>Mdsx High 0.65 5.29 208.16 0.95 5.93 233.55</u></div>
<div class="ContentPasted0"><u>Mdsx Avg 0.65 -0.66 5.29 208.16 0.95 -0.53 5.93 233.55</u></div>
<div class="ContentPasted0"><u>Hensall 0.67 5.30 208.82 1.00 5.98 235.52</u></div>
<div class="ContentPasted0"><u>Bruce 0.65 5.29 208.16 1.00 5.98 235.52</u></div>
<div class="ContentPasted0"><u>Putnam 0.65 5.29 208.16 0.95 5.93 233.55</u></div>
<div class="ContentPasted0"><u>Guelph 0.65 5.29 208.16 0.95 5.93 233.55</u></div>
<div class="ContentPasted0"><u>Burford 0.65 5.29 208.16 0.95 5.93 233.55</u></div>
<div class="ContentPasted0"><u>Port Perry 0.40 5.04 198.32 0.80 5.78 227.65</u></div>
<div class="ContentPasted0"><u>Norfolk 0.65 5.29 208.16 0.95 5.93 233.55</u></div>
<div class="ContentPasted0"><u>Palmerston 0.65 5.29 208.16 1.00 5.98 235.52</u></div>
<div class="ContentPasted0"><u>Varna 0.65 5.29 208.16 1.00 5.98 235.52</u></div>
<div class="ContentPasted0"><u>Belmore 0.65 5.29 208.16 1.00 5.98 235.52</u></div>
<div class="ContentPasted0"><u>Trenton 0.45 5.09 200.29 0.85 5.83 229.62</u></div>
<div class="ContentPasted0"><u>Winchester 0.85 5.49 216.03 1.20 6.18 243.39</u></div>
<div class="ContentPasted0"><u>North Gower 0.75 5.39 212.10 1.10 6.08 239.46</u></div>
<div class="ContentPasted0"><u>Vankleek Hil 1.21 5.85 230.21 0.91 5.89 231.98</u></div>
<div class="ContentPasted0"><u>Huron FOB 0.79 0.86 0.90N/A 5.43 213.67N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB 0.95 5.59 219.97 1.00 5.98 235.52</u></div>
<div class="ContentPasted0"><u>Lamb FOB 0.98 5.62 221.15N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 0.95 0.95 0.90 0.95 5.59 219.97 0.95 5.93 233.55</u></div>
<div class="ContentPasted0"><u>FOB SW Que 2.23 6.87 270.36N/A</u></div>
<div class="ContentPasted0"><u>Track 1.29 5.93 233.49N/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 6.48 255.20</u></div>
<div class="ContentPasted0"><u>Cardnl-Ing N/A N/A N/A N/A 1.55 6.53 257.17</u></div>
<div class="ContentPasted0"><u>W O Feed 1.29 5.93 233.49</u></div>
<div class="ContentPasted0"><u>max 5.0 ppm</u></div>
<div class="ContentPasted0"><u>US Rep 1.67 6.31 248.32</u></div>
<div class="ContentPasted0"><u>Toledo El. -0.53 4.11 161.61 -0.53 4.45 175.19</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Pt. Colb N/A 1.15 6.13 241.43</u></div>
<div class="ContentPasted0"><u>Prescott 1.28 5.92 232.96 1.31 6.29 247.72</u></div>
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<div class="ContentPasted0"><u>HI SD CRN 0.65 5.28 3/4</u></div>
<div class="ContentPasted0"><u>*Wet Bid</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3309 up 0.0081</u></div>
<div class="ContentPasted0"><u>Chicago soybeans closed moderately lower.</u></div>
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<div class="ContentPasted0"><u> MAR24 HI 12.90 3/4 NOV24 HI 12.37</u></div>
<div class="ContentPasted0"><u> LOW 12.67 1/4 LOW 12.15 1/4</u></div>
<div class="ContentPasted0"><u> CLOSE12.73 1/2 Down 24 1/2 CLOSE 12.22 Down 23 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 +MAR24+MAR24+MAY24</u></div>
<div class="ContentPasted0"><u>CK Low 3.05 15.79 580.00 2.90 15.12 555.56</u></div>
<div class="ContentPasted0"><u>CK High 3.10 15.84 581.84 3.10 15.32 562.91</u></div>
<div class="ContentPasted0"><u>CK Average 3.07 -0.86 15.80 580.68 2.97 -0.80 15.19 558.24</u></div>
<div class="ContentPasted0"><u>Essex Cty 3.10 15.84 581.84 3.05 15.27 561.08</u></div>
<div class="ContentPasted0"><u>Mdsx Low 3.01 15.75 578.53 2.84 15.06 553.36</u></div>
<div class="ContentPasted0"><u>Mdsx High 3.10 15.84 581.84 2.95 15.17 557.40</u></div>
<div class="ContentPasted0"><u>Mdsx Average3.05 -0.87 15.79 580.09 2.90 -0.86 15.12 555.47</u></div>
<div class="ContentPasted0"><u>Hensall 3.00 15.74 578.16 2.88 15.10 554.95</u></div>
<div class="ContentPasted0"><u>Bruce 3.00 15.74 578.16 2.90 15.12 555.56</u></div>
<div class="ContentPasted0"><u>Putnam 3.05 15.79 580.00 2.90 15.12 555.56</u></div>
<div class="ContentPasted0"><u>Guelph 2.98 15.72 577.43 2.82 15.04 552.63</u></div>
<div class="ContentPasted0"><u>Burford 3.17 15.91 584.41 3.00 15.22 559.24</u></div>
<div class="ContentPasted0"><u>Port Perry 2.95 15.69 576.33 2.78 15.00 551.16</u></div>
<div class="ContentPasted0"><u>Norfolk 3.10 15.84 581.84 3.00 15.22 559.24</u></div>
<div class="ContentPasted0"><u>Palmerston 3.00 15.74 578.16 2.90 15.12 555.56</u></div>
<div class="ContentPasted0"><u>Varna 3.00 15.74 578.16 2.90 15.12 555.56</u></div>
<div class="ContentPasted0"><u>Trenton 2.86 15.60 573.02 2.80 15.02 551.89</u></div>
<div class="ContentPasted0"><u>Winchester 2.46 15.20 558.32 2.95 15.17 557.40</u></div>
<div class="ContentPasted0"><u>North Gower 2.83 15.57 571.92 3.10 15.32 562.91</u></div>
<div class="ContentPasted0"><u>Vankleek Hil3.03 15.77 579.26 2.96 15.18 557.77</u></div>
<div class="ContentPasted0"><u>Huron FOB 3.09 3.18 3.24 N/A 15.83 581.47 N/A</u></div>
<div class="ContentPasted0"><u>Kent FOB 3.35 16.09 591.02 2.95 15.17 557.40</u></div>
<div class="ContentPasted0"><u>Lambton FOB 3.10 15.84 581.84 N/A</u></div>
<div class="ContentPasted0"><u>Mdsx FOB 3.19 3.32 3.39 3.49 15.93 585.14 3.01 15.23 559.61</u></div>
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<div class="ContentPasted0"><u>PROCESSORS</u></div>
<div class="ContentPasted0"><u>Windsor 3.82 16.56 608.29 3.55 15.77 579.45</u></div>
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<div class="ContentPasted0"><u>TRANSFER</u></div>
<div class="ContentPasted0"><u>Hamilton 3.70 16.44 603.88 3.50 15.72 577.61</u></div>
<div class="ContentPasted0"><u>Prescott N/A 3.35 15.57 572.10</u></div>
<div class="ContentPasted0"><u>Port Colborn3.59 16.33 599.84 3.48 15.70 576.88</u></div>
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<div class="ContentPasted0"><u>Toledo El. -0.53 12.20 448.37 -0.73 11.49 422.11</u></div>
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<div class="ContentPasted0"><u>Exchange rate was 1.3309 up 0.0081</u></div>
<div class="ContentPasted0"><u>Chicago wheat closed moderately lower to lower.</u></div>
<div class="ContentPasted0"><u>MAR24 HI 6.28 3/4 JUL24 HI 6.46 1/4</u></div>
<div class="ContentPasted0"><u> LOW 6.04 3/4 LOW 6.25</u></div>
<div class="ContentPasted0"><u> CLOSE 6.06 3/4 Down 21 1/4 CLOSE 6.26 1/4 Down 19 1/2</u></div>
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<div class="ContentPasted0"><u>Minni wheat closed slightly lower.</u></div>
<div class="ContentPasted0"><u>MAR24 HI 7.21 1/2 SEP24 HI 7.45</u></div>
<div class="ContentPasted0"><u> LOW 7.13 1/2 LOW 7.38 1/2</u></div>
<div class="ContentPasted0"><u> CLOSE 7.15 Down 8 1/2 CLOSE 7.41 3/4 Down 5 1/4</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 1.39 1.39 1.03 N/A 1.38 1.52 1.12 N/A</u></div>
<div class="ContentPasted0"><u>Hensall 1.15 1.45 1.10 1.05 1.60 1.60 1.15 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 1.10 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 1.10 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 1.10 N/A</u></div>
<div class="ContentPasted0"><u>Brigden N/A N/A 1.05 N/A N/A N/A 1.10 N/A</u></div>
<div class="ContentPasted0"><u>Palmerston N/A 0.90 1.10 0.90 1.70 1.15 1.15 N/A</u></div>
<div class="ContentPasted0"><u>Varna 1.15 1.45 1.10 N/A 1.60 1.60 1.15 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 1.39 1.39 1.03 0.93 1.38 1.52 1.12 N/A</u></div>
<div class="ContentPasted0"><u>North Gower N/A 0.80 0.80 0.82 N/A 1.12 1.42 0.92</u></div>
<div class="ContentPasted0"><u>W O Feed 1.93</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 1.52 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 1.54 N/A N/A N/A 1.94 N/A</u></div>
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<div class="ContentPasted0"><u>Toledo El. N/A 6.02US 8.02CA</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 615.65</u></div>
<div class="ContentPasted0"><u>DDG's FOB Aylm 280.00</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, 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
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