FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, February 2 (All Bases in CAD) Exchange rate was 1.3452 up 0.0076 Chicago corn closed slightly lower. MAR24 HI 4.48 3/4 DEC24 HI 4.79 1/4 LOW 4.42 LOW 4.75 1/4 CLOSE4.42 3/4 Down 4 1/2 CLOSE 4.76 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 +MAY24+MAY24+JUL24 CK Low 0.70 5.13 201.86 1.00 5.77 227.06 CK High 0.70 5.13 201.86 1.00 5.77 227.06 CK Avg 0.70 -0.62 5.13 201.86 1.00 -0.48 5.77 227.06 Essex Cty 0.70 5.13 201.86 1.00 5.77 227.06 Mdsx Low 0.70 5.13 201.86 1.00 5.77 227.06 Mdsx High 0.70 5.13 201.86 1.00 5.77 227.06 Mdsx Avg 0.70 -0.62 5.13 201.86 1.00 -0.48 5.77 227.06 Hensall 0.72 5.14 202.52 1.02 5.78 227.71 Bruce 0.70 5.13 201.86 1.00 5.77 227.06 Putnam 0.70 5.13 201.86 1.00 5.77 227.06 Guelph 0.70 5.13 201.86 0.95 5.72 225.09 Burford 0.70 5.13 201.86 1.00 5.77 227.06 Port Perry 0.45 4.88 192.02 0.80 5.57 219.18 Norfolk 0.70 5.13 201.86 1.00 5.77 227.06 Palmerston 0.70 5.13 201.86 1.00 5.77 227.06 Varna 0.70 5.13 201.86 1.00 5.77 227.06 Belmore 0.70 5.13 201.86 1.00 5.77 227.06 Trenton 0.45 4.88 192.02 0.85 5.62 221.15 Winchester 0.80 5.23 205.80 1.10 5.87 230.99 North Gower 0.75 5.18 203.83 1.15 5.92 232.96 Vankleek Hil 1.12 5.55 218.40 0.96 5.73 225.48 Huron FOB 0.91 0.86 0.93N/A 5.34 210.13N/A Kent FOB 1.00 5.43 213.67 1.10 5.87 230.99 Lamb FOB 1.09 5.52 217.21N/A Mdsx FOB 1.00 0.95 1.00 1.00 5.43 213.67 1.00 5.77 227.06 FOB SW Que 1.39 5.82 229.02N/A Track 1.35 5.77 227.25N/A PROCESSORS Chat-Eth N/A N/A 1.28N/A 1.38 6.15 242.02 Jhnstwn-Eth N/A N/A N/A N/A 1.41 6.18 243.20 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 6.27 246.74 Cardnl-Ing N/A N/A N/A N/A 1.60 6.37 250.68 W O Feed 1.35 5.77 227.25 max 5.0 ppm US Rep 1.66 6.09 239.65 Toledo El. -0.36 4.06 160.00 -0.54 4.23 166.51 TRANSFER Pt. Colb N/A 1.15 5.92 232.96 Prescott N/A 1.43 6.20 243.98 HI SD CRN 0.70 5.12 3/4 *Wet Bid Exchange rate was 1.3452 up 0.0076 Chicago soybeans closed slightly lower. MAR24 HI 12.08 1/4 NOV24 HI 11.88 3/4 LOW 11.86 3/4 LOW 11.70 1/4 CLOSE11.88 1/2 Down 14 3/4 CLOSE 11.71 Down 14 1/2 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +MAR24+MAY24+MAY24 CK Low 3.05 14.94 548.77 2.90 14.61 536.83 CK High 3.25 15.14 556.12 3.15 14.86 546.01 CK Average 3.12 -0.73 15.00 551.29 2.98 -0.79 14.69 539.77 Essex Cty 3.15 15.04 552.44 3.00 14.71 540.50 Mdsx Low 3.01 14.90 547.30 2.89 14.60 536.46 Mdsx High 3.10 14.99 550.60 2.95 14.66 538.66 Mdsx Average3.07 -0.77 14.95 549.32 2.92 -0.83 14.63 537.65 Hensall 3.07 14.95 549.38 2.87 14.58 535.60 Bruce 3.05 14.94 548.77 2.85 14.56 534.99 Putnam 3.10 14.99 550.60 2.95 14.66 538.66 Guelph 2.97 14.86 545.83 2.79 14.50 532.78 Burford 3.11 15.00 550.97 2.99 14.70 540.13 Port Perry 2.95 14.84 545.09 2.83 14.54 534.25 Norfolk 3.05 14.94 548.77 2.90 14.61 536.83 Palmerston 3.05 14.94 548.77 2.85 14.56 534.99 Varna 3.05 14.94 548.77 2.85 14.56 534.99 Trenton 2.90 14.79 543.26 2.85 14.56 534.99 Winchester 2.25 14.14 519.37 2.85 14.56 534.99 North Gower 2.85 14.74 541.42 2.85 14.56 534.99 Vankleek Hil3.04 14.93 548.40 2.89 14.60 536.46 Huron FOB 3.22 3.29 3.26 N/A 15.11 555.01 N/A Kent FOB 3.40 15.29 561.63 2.90 14.61 536.83 Lambton FOB 3.20 15.09 554.28 N/A Mdsx FOB 3.29 3.36 3.39 3.46 15.18 557.59 2.99 14.70 540.13 PROCESSORS Windsor 3.91 15.80 580.37 3.55 15.26 560.71 TRANSFER Hamilton 3.85 15.74 578.16 3.45 15.16 557.03 Prescott N/A 3.46 15.17 557.40 Port Colborn3.45 15.34 563.46 3.46 15.17 557.40 Toledo El. -0.40 11.48 421.87 -0.74 10.97 403.08 Exchange rate was 1.3452 up 0.0076 Chicago wheat closed narrowly mixed. MAR24 HI 6.11 1/2 JUL24 HI 6.22 1/4 LOW 5.95 3/4 LOW 6.08 3/4 CLOSE 5.99 3/4 Down 1 3/4 CLOSE 6.13 Down 3/4 Minni wheat closed mixed. MAR24 HI 7.06 3/4 SEP24 HI 7.26 LOW 6.91 3/4 LOW 7.11 1/4 CLOSE 6.99 3/4 Up 3 3/4 CLOSE 7.14 3/4 Down 1 1/2 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 1.15 N/A N/A N/A 1.20 N/A London 1.41 1.48 1.14 N/A 1.38 1.51 1.18 N/A Hensall 1.30 1.55 1.15 1.10 1.65 1.65 1.15 1.05 Trenton N/A N/A N/A N/A N/A N/A 1.20 N/A Bruce N/A 1.45 1.15 0.95 1.50 1.50 1.20 0.85 Essex N/A N/A 1.15 N/A N/A N/A 1.15 N/A Norwich 1.30 N/A 1.10 N/A 1.75 N/A 1.15 N/A Belmore N/A 1.00 1.15 0.90 1.20 1.15 1.15 N/A Kent Bridge 1.30 N/A 1.10 N/A 1.75 N/A 1.15 N/A Chatham N/A N/A 1.15 N/A N/A N/A 1.15 N/A Brigden N/A N/A 1.15 N/A N/A N/A 1.15 N/A Palmerston N/A 1.00 1.15 0.90 1.20 1.15 1.15 N/A Varna 1.30 1.55 1.15 N/A 1.65 1.65 1.15 N/A Mitchell 1.30 1.55 1.10 N/A 1.75 1.65 1.15 N/A Thornton 1.41 1.48 1.14 1.07 1.38 1.51 1.18 N/A North Gower N/A 1.00 1.30 0.87 N/A 1.21 1.51 0.97 W O Feed 1.99 TERMINAL Port Colbor N/A N/A 1.88 N/A N/A N/A 1.65 N/A PROCESSORS Toledo FM N/A N/A N/A N/A N/A N/A 1.98 N/A Toledo El. 5.45US 7.33CA 5.89US 7.92CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 578.50 DDG's FOB Aylm 275.00