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<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, May 2</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.345 up 0.0022</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL19 HI 3.71 DEC19 HI 3.87 3/4</u></div>
<div><u> LOW 3.66 1/2 LOW 3.83 3/4</u></div>
<div><u> CLOSE3.70 1/2 Up 2 CLOSE 3.87 Up 3/4</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP BASIS NEW CROP BASIS</u></div>
<div><u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt</u></div>
<div><u>ELEVATORS +JUL19+SEP19+SEP19</u></div>
<div><u>CK Low 1.00 4.71 185.23 0.85 4.72 185.82</u></div>
<div><u>CK High 1.00 4.71 185.23 0.90 4.77 187.79</u></div>
<div><u>CK Avg 1.00 -0.21 4.71 185.23 0.87 -0.35 4.74 186.47</u></div>
<div><u>Essex Cty 1.00 4.71 185.23 0.85 4.72 185.82</u></div>
<div><u>Mdsx Low 1.00 4.71 185.23 0.85 4.72 185.82</u></div>
<div><u>Mdsx High 1.00 4.71 185.23 0.90 4.77 187.79</u></div>
<div><u>Mdsx Avg 1.00 -0.21 4.71 185.23 0.88 -0.34 4.75 186.80</u></div>
<div><u>Hensall 1.05 4.76 187.20 0.93 4.80 188.77</u></div>
<div><u>Bruce 1.00 4.71 185.23 0.90 4.77 187.79</u></div>
<div><u>Putnam 1.00 4.71 185.23 0.85 4.72 185.82</u></div>
<div><u>Burford 1.00 4.71 185.23 0.85 4.72 185.82</u></div>
<div><u>Port Perry 1.00 4.71 185.23 0.85 4.72 185.82</u></div>
<div><u>Norfolk 1.00 4.71 185.23 0.85 4.72 185.82</u></div>
<div><u>Palmerston 1.00 4.71 185.23 0.90 4.77 187.79</u></div>
<div><u>Varna 1.05 4.76 187.20 0.90 4.77 187.79</u></div>
<div><u>Trenton 0.95 4.66 183.26 0.90 4.77 187.79</u></div>
<div><u>Winchester 1.10 4.81 189.16 1.20 5.07 199.60</u></div>
<div><u>North Gower 1.10 4.81 189.16 1.18 5.05 198.81</u></div>
<div><u>Huron FOB 1.35 5.06 199.01 0.95 4.82 189.76</u></div>
<div><u>Kent FOB 1.32 5.03 197.83 0.85 4.72 185.82</u></div>
<div><u>Lamb FOB 1.45 5.16 202.94 0.93 4.80 188.97</u></div>
<div><u>Mdsx FOB 1.40N/A N/A N/A 5.11 200.97 0.95 4.82 189.76</u></div>
<div><u>FOB SW Que 2.10 5.81 228.53 1.41 5.28 207.86</u></div>
<div><u>Track 1.50 5.21 204.91N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 1.68 1.72 1.08 4.95 194.87</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.44 5.31 209.05</u></div>
<div><u>Aylmer-Eth 1.60 1.58 1.65 1.70 5.31 208.85 1.05 4.92 193.69</u></div>
<div><u>Sarn-Eth 1.50 1.50N/A N/A 5.21 204.91N/A</u></div>
<div><u>Kawartha N/A N/A N/A N/A N/A</u></div>
<div><u>London-Ing N/A N/A N/A 1.73 1.20 5.07 199.60</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A N/A</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 1.35 5.22 205.50</u></div>
<div><u>W O Feed 1.68 5.38 211.84</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.70 5.41 212.79</u></div>
<div><u>Toledo El. -0.13 3.57 140.56 -0.27 3.60 141.77</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Port ColbornN/A 1.15 5.02197 5/8</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.87 1/2 4.74 1/2</u></div>
<div><u>HI SD CRN 0.90 4.77</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.345 up 0.0022</u></div>
<div><u>Chicago soybeans closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> JUL19 HI 8.53 3/4 NOV19 HI 8.75</u></div>
<div><u> LOW 8.42 LOW 8.63 1/4</u></div>
<div><u> CLOSE8.43 1/4 Down 8 1/2 CLOSE 8.65 Down 8</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP NEW CROP</u></div>
<div><u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt</u></div>
<div><u>ELEVATORS +JUL1+JUL1+AUG19</u></div>
<div><u>CK Low 1.95 10.38 381.492.00 10.65 391.32</u></div>
<div><u>CK High 2.00 10.43 383.332.05 10.70 393.16</u></div>
<div><u>CK Average 1.97 -0.7010.40 382.102.02 -0.7210.67 391.99</u></div>
<div><u>Essex Cty 1.95 10.38 381.492.00 10.65 391.32</u></div>
<div><u>Mdsx Low 1.93 10.36 380.761.99 10.64 390.95</u></div>
<div><u>Mdsx High 1.95 10.38 381.492.00 10.65 391.32</u></div>
<div><u>Mdsx Average 1.94 -0.7210.37 381.122.00 -0.7410.65 391.14</u></div>
<div><u>Hensall 1.95 10.38 381.492.00 10.65 391.32</u></div>
<div><u>Bruce 1.95 10.38 381.492.00 10.65 391.32</u></div>
<div><u>Putnam 1.95 10.38 381.492.00 10.65 391.32</u></div>
<div><u>Burford 1.93 10.36 380.761.99 10.64 390.95</u></div>
<div><u>Port Perry 1.92 10.35 380.391.98 10.63 390.59</u></div>
<div><u>Norfolk 1.95 10.38 381.492.00 10.65 391.32</u></div>
<div><u>Palmerston 1.95 10.38 381.491.95 10.60 389.48</u></div>
<div><u>Varna 1.95 10.38 381.492.00 10.65 391.32</u></div>
<div><u>Trenton 2.00 10.43 383.332.10 10.75 394.99</u></div>
<div><u>Winchester N/A 2.10 10.75 394.99</u></div>
<div><u>North Gower 1.99 10.42 382.962.10 10.75 394.99</u></div>
<div><u>Huron FOB 2.00 10.43 383.332.05 10.70 393.16</u></div>
<div><u>Kent FOB 2.20 10.63 390.682.00 10.65 391.32</u></div>
<div><u>Lambton FOB 1.95 10.38 381.492.15 10.80 396.83</u></div>
<div><u>Middlesex FOB2.06 2.12 2.23 N/A 10.49 385.532.08 10.73 394.26</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.45 10.88 399.862.32 10.97 403.08</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 2.40 10.83 398.032.45 11.10 407.86</u></div>
<div><u>Prescott N/A 2.35 11.00 404.18</u></div>
<div><u>Port Colborne N/A 2.43 11.08 407.12</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.61 7.83 287.60-0.74 7.91 290.65</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.345 up 0.0022</u></div>
<div><u>Chicago wheat closed slightly to moderately higher.</u></div>
<div><u>JUL19 HI 4.48 1/2 JUL19 HI 4.48 1/2</u></div>
<div><u> LOW 4.35 1/2 LOW 4.35 1/2</u></div>
<div><u> CLOSE 4.44 Up 8 CLOSE 4.44 Up 8</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately higher.</u></div>
<div><u>JUL19 HI 5.24 1/4 SEP19 HI 5.32</u></div>
<div><u> LOW 5.12 3/4 LOW 5.21 3/4</u></div>
<div><u> CLOSE 5.20 3/4 Up 8 3/4 CLOSE 5.29 1/4 Up 8 1/4</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 1.53 1.60 1.40 0.86</u></div>
<div><u>CAD $/bu 5.97 6.04 5.84 6.06</u></div>
<div><u>CAD $/tonne 219.42 221.90 214.48 222.76</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2018 Harvest 2019</u></div>
<div><u> DELIVERED BASIS DELIVERED BASIS</u></div>
<div><u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)</u></div>
<div><u>ELEVATORS</u></div>
<div><u>Brgssvll N/A N/A 1.25 N/A N/A N/A 1.25 N/A</u></div>
<div><u>London 1.31 1.72 1.25 N/A 1.37 1.63 1.30 N/A</u></div>
<div><u>Hensall 1.60 N/A 1.30 N/A 1.60 N/A 1.30 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.25 N/A</u></div>
<div><u>Bruce 1.40 1.75 1.25 N/A 1.50 1.70 1.30 1.00</u></div>
<div><u>Essex N/A N/A 1.20 N/A N/A N/A 1.30 N/A</u></div>
<div><u>Norwich 1.60 N/A 1.30 N/A 1.60 N/A 1.30 N/A</u></div>
<div><u>Port Hope N/A N/A N/A N/A N/A 1.60 1.25 N/A</u></div>
<div><u>Kent Bridge 1.60 N/A 1.30 N/A 1.60 N/A 1.30 N/A</u></div>
<div><u>Chatham N/A N/A 1.20 N/A N/A N/A 1.30 N/A</u></div>
<div><u>Brigden N/A N/A 1.20 N/A N/A N/A 1.30 N/A</u></div>
<div><u>Palmerston N/A 1.75 1.25 1.10 N/A 1.73 1.23 1.00</u></div>
<div><u>Varna 1.45 1.75 1.25 N/A 1.50 1.70 1.30 N/A</u></div>
<div><u>Mitchell 1.60 1.60 1.30 N/A 1.60 1.60 1.30 N/A</u></div>
<div><u>Thornton N/A N/A N/A 1.09 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.42 1.20 0.70 N/A 1.93 1.46 0.85</u></div>
<div><u>W O Feed 1.76</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A N/A N/A 1.72 1.98 1.58 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.67 N/A N/A N/A 1.67 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.28US 5.76CA 4.29US 5.77CA</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal</u></div>
<div><u>Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)</u></div>
<div><u>Basis 1.60 1.94 1.46 1.09</u></div>
<div><u>CAD $/bu 6.04 6.38 5.90 6.38</u></div>
<div><u>CAD $/tonne 221.90 234.25 216.95 234.37</u></div>
<div><u><br>
</u></div>
<div><u>(C)-Basis over the Chicago Board of Trade futures</u></div>
<div><u>(M)-Basis over the Minneapolis Grain Exchange</u></div>
<div><u><br>
</u></div>
<div><u>FEED GRAINS</u></div>
<div><u>FOB Hm Soymeal 457.36</u></div>
<div><u>DDG's FOB Srn & Aylm 205.00</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<u></u>
<p class="MsoNormal" style=""><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);">Blair Andrews</span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<span style="background:#FDFDFD">Editor, AgriLink and Farm Market News<span class="apple-converted-space"> </span></span><br>
<span style="background:#FDFDFD">University of Guelph, Ridgetown Campus<span class="apple-converted-space"> </span></span><br>
<span style="background:#FDFDFD">Tel.<span class="apple-converted-space"> </span></span></span><a href="callto:519-674-1500" style="" id="LPlnk20167" class="OWAAutoLink" previewremoved="true"><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 102, 153);">519-674-1500</span></a><span class="apple-converted-space" style=""><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51); background: rgb(253, 253, 253);">x
63577<span class="apple-converted-space"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<span style="background:#FDFDFD">Fax.<span class="apple-converted-space"> </span></span></span><a href="callto:519-674-1530" style="" id="LPlnk249786" class="OWAAutoLink" previewremoved="true"><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 102, 153);">519-674-1530</span></a><span class="apple-converted-space" style=""><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#333333;
background:#FDFDFD"> </span></span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
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<span style="background: rgb(253, 253, 253);">Grain Farmers of Ontario<u><o:p></o:p></u></span></span></p>
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