FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, January 11 (All Bases in CAD) Exchange rate was 1.3386 up 0.0019 Chicago corn closed slightly lower. MAR24 HI 4.61 1/2 DEC24 HI 4.93 1/4 LOW 4.55 3/4 LOW 4.87 1/4 CLOSE4.57 3/4 Down 1 3/4 CLOSE 4.89 3/4 Down 2 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +MAR24+MAY24+MAY24 CK Low 0.70 5.28 207.77 0.95 5.85 230.21 CK High 0.70 5.28 207.77 1.00 5.90 232.17 CK Avg 0.70 -0.63 5.28 207.77 0.98 -0.51 5.88 231.33 Essex Cty 0.70 5.28 207.77 1.00 5.90 232.17 Mdsx Low 0.70 5.28 207.77 0.95 5.85 230.21 Mdsx High 0.70 5.28 207.77 1.00 5.90 232.17 Mdsx Avg 0.70 -0.63 5.28 207.77 0.99 -0.50 5.89 231.68 Hensall 0.72 5.29 208.42 1.02 5.91 232.83 Bruce 0.70 5.28 207.77 0.95 5.85 230.21 Putnam 0.70 5.28 207.77 1.00 5.90 232.17 Guelph 0.65 5.23 205.80 0.95 5.85 230.21 Burford 0.70 5.28 207.77 0.95 5.85 230.21 Port Perry 0.40 4.98 195.96 0.80 5.70 224.30 Norfolk 0.70 5.28 207.77 1.00 5.90 232.17 Palmerston 0.70 5.28 207.77 1.00 5.90 232.17 Varna 0.70 5.28 207.77 1.00 5.90 232.17 Belmore 0.70 5.28 207.77 1.00 5.90 232.17 Trenton 0.45 5.03 197.92 0.85 5.75 226.27 Winchester 0.80 5.38 211.70 1.10 6.00 236.11 North Gower 0.75 5.33 209.73 1.10 6.00 236.11 Vankleek Hil 1.14 5.72 225.09 0.90 5.80 228.24 Huron FOB 0.87 0.92 0.91N/A 5.45 214.46N/A Kent FOB 1.00 5.58 219.58 1.15 6.05 238.08 Lamb FOB 0.98 5.56 218.79N/A Mdsx FOB 1.00 1.05 1.00 1.05 5.58 219.58 0.95 5.85 230.21 FOB SW Que 1.90 6.48 255.01N/A Track 1.33 5.90 232.37N/A PROCESSORS Chat-Eth N/A N/A N/A 1.33 1.37 6.27 246.74 Jhnstwn-Eth N/A N/A N/A N/A 1.44 6.34 249.50 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 1.50 6.40 251.86 Cardnl-Ing N/A N/A N/A N/A 1.55 6.45 253.83 W O Feed 1.33 5.90 232.37 max 5.0 ppm US Rep 1.68 6.26 246.35 Toledo El. -0.54 4.04 159.13 -0.54 4.36 171.73 TRANSFER Pt. Colb N/A 1.15 6.05 238.08 Prescott 1.27 5.85 230.21 1.30 6.20 243.98 HI SD CRN 0.70 5.27 3/4 *Wet Bid Exchange rate was 1.3386 up 0.0019 Chicago soybeans closed narrowly mixed. MAR24 HI 12.49 3/4 NOV24 HI 12.16 3/4 LOW 12.34 1/4 LOW 12.04 1/2 CLOSE12.36 1/2 Unchanged CLOSE 12.07 Up 1 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR24+MAR24+MAY24 CK Low 3.03 15.40 565.67 2.85 14.92 548.22 CK High 3.15 15.52 570.08 3.10 15.17 557.40 CK Average 3.10 -0.81 15.46 568.14 2.92 -0.87 14.99 550.84 Essex Cty 3.15 15.52 570.08 2.95 15.02 551.89 Mdsx Low 2.96 15.33 563.10 2.78 14.85 545.64 Mdsx High 3.10 15.47 568.24 2.90 14.97 550.05 Mdsx Average3.04 -0.86 15.41 566.04 2.86 -0.92 14.93 548.49 Hensall 3.02 15.38 565.18 2.82 14.89 546.99 Bruce 3.00 15.37 564.57 2.80 14.87 546.38 Putnam 3.05 15.42 566.40 2.90 14.97 550.05 Guelph 2.95 15.32 562.73 2.91 14.98 550.42 Burford 3.06 15.43 566.77 2.88 14.95 549.32 Port Perry 2.90 15.27 560.89 2.72 14.79 543.44 Norfolk 3.05 15.42 566.40 2.90 14.97 550.05 Palmerston 3.00 15.37 564.57 2.80 14.87 546.38 Varna 3.00 15.37 564.57 2.80 14.87 546.38 Trenton 2.80 15.17 557.22 2.80 14.87 546.38 Winchester 2.30 14.67 538.85 2.85 14.92 548.22 North Gower 2.83 15.20 558.32 3.10 15.17 557.40 Vankleek Hil3.11 15.48 568.61 2.97 15.04 552.63 Huron FOB 3.15 3.30 3.37 N/A 15.52 570.08 N/A Kent FOB 3.30 15.67 575.59 2.85 14.92 548.22 Lambton FOB 3.10 15.47 568.24 N/A Mdsx FOB 3.23 3.23 3.30 3.40 15.60 573.02 2.99 15.06 553.36 PROCESSORS Windsor 3.93 16.30 598.74 3.60 15.67 575.77 TRANSFER Hamilton 3.75 16.12 592.12 3.40 15.47 568.43 Prescott N/A 3.37 15.44 567.32 Port Colborn3.50 15.87 582.94 3.47 15.54 571.00 Toledo El. -0.54 11.83 434.66 -0.74 11.33 416.44 Exchange rate was 1.3386 up 0.0019 Chicago wheat closed slightly lower. MAR24 HI 6.14 3/4 JUL24 HI 6.35 1/4 LOW 6.02 LOW 6.23 CLOSE 6.03 3/4 Down 7 CLOSE 6.24 3/4 Down 7 Minni wheat closed slightly lower. MAR24 HI 7.12 3/4 SEP24 HI 7.34 3/4 LOW 6.99 LOW 7.27 1/2 CLOSE 7.00 Down 7 3/4 CLOSE 7.27 1/2 Down 8 Direct MarkHarvest 2023 Harvest 2024 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 1.10 N/A N/A N/A 1.15 N/A London 1.38 1.44 1.11 N/A 1.38 1.51 1.18 N/A Hensall 1.25 1.50 1.10 1.05 1.60 1.60 1.15 1.00 Trenton N/A N/A N/A N/A N/A N/A 1.15 N/A Bruce N/A 1.40 1.10 0.95 1.45 1.45 1.15 0.85 Essex N/A N/A 1.10 N/A N/A N/A 1.10 N/A Norwich 1.20 N/A 1.10 N/A 1.70 N/A 1.15 N/A Belmore N/A 0.90 1.10 0.90 1.70 1.15 1.15 N/A Kent Bridge 1.20 N/A 1.10 N/A 1.70 N/A 1.15 N/A Chatham N/A N/A 1.10 N/A N/A N/A 1.10 N/A Brigden N/A N/A 1.10 N/A N/A N/A 1.10 N/A Palmerston N/A 0.90 1.10 0.90 1.70 1.15 1.15 N/A Varna 1.25 1.50 1.10 N/A 1.60 1.60 1.15 N/A Mitchell 1.20 1.45 1.10 N/A 1.70 1.60 1.15 N/A Thornton 1.38 1.44 1.11 0.91 1.38 1.51 1.18 N/A North Gower N/A 0.80 1.00 0.82 N/A 1.11 1.41 0.92 W O Feed 1.89 TERMINAL Port Colbor N/A N/A 1.71 N/A N/A N/A 1.65 N/A PROCESSORS Toledo FM N/A N/A 1.58 N/A N/A N/A 1.98 N/A Toledo El. N/A 6.01US 8.04CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 582.25 DDG's FOB Aylm 280.00