FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, May 6 (All Bases in CAD) Exchange rate was 1.3427 up 0.0011 Chicago corn closed moderately lower. JUL19 HI 3.65 DEC19 HI 3.82 3/4 LOW 3.55 1/2 LOW 3.74 1/4 CLOSE3.64 1/4 Down 6 1/2 CLOSE 3.82 1/4 Down 5 1/2 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL19+SEP19+SEP19 CK Low 1.00 4.64 182.77 0.85 4.67 183.95 CK High 1.00 4.64 182.77 0.90 4.72 185.92 CK Avg 1.00 -0.18 4.64 182.77 0.87 -0.33 4.69 184.60 Essex Cty 1.00 4.64 182.77 0.85 4.67 183.95 Mdsx Low 1.00 4.64 182.77 0.85 4.67 183.95 Mdsx High 1.00 4.64 182.77 0.90 4.72 185.92 Mdsx Avg 1.00 -0.18 4.64 182.77 0.88 -0.32 4.70 184.93 Hensall 1.05 4.69 184.74 0.93 4.75 186.90 Bruce 1.00 4.64 182.77 0.90 4.72 185.92 Putnam 1.00 4.64 182.77 0.85 4.67 183.95 Burford 1.00 4.64 182.77 0.85 4.67 183.95 Port Perry 1.00 4.64 182.77 0.85 4.67 183.95 Norfolk 1.00 4.64 182.77 0.85 4.67 183.95 Palmerston 1.00 4.64 182.77 0.90 4.72 185.92 Varna 1.05 4.69 184.74 0.90 4.72 185.92 Trenton 0.95 4.59 180.80 0.90 4.72 185.92 Winchester 1.10 4.74 186.70 1.20 5.02 197.73 North Gower 1.10 4.74 186.70 1.18 5.00 196.94 Huron FOB 1.35 4.99 196.55 0.95 4.77 187.89 Kent FOB 1.32 4.96 195.36 0.85 4.67 183.95 Lamb FOB 1.46 5.10 200.88 0.95 4.77 187.89 Mdsx FOB 1.40N/A N/A N/A 5.04 198.51 0.95 4.77 187.89 FOB SW Que 1.89 5.53 217.80 1.29 5.11 201.27 Track 1.50 5.14 202.45N/A PROCESSORS Chat-Eth N/A N/A 1.67 1.71 1.06 4.88 192.22 Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth 1.60 1.58 1.65 1.70 5.24 206.39 1.05 4.87 191.82 Sarn-Eth 1.50 1.50N/A N/A 5.14 202.45N/A Kawartha N/A N/A N/A N/A N/A London-Ing N/A N/A N/A 1.73 1.20 5.02 197.73 Pt.Colb-Ing N/A N/A N/A N/A N/A Cardnl-Ing N/A N/A N/A N/A 1.35 5.17 203.63 W O Feed 1.68 5.32 209.54 US Rep 1.69 5.33 209.93 Toledo El. -0.11 3.54 139.17 -0.27 3.55 139.91 TRANSFER Port ColbornN/A 1.15 4.97195 3/4 MID SD CRN 0.87 1/2 4.69 3/4 HI SD CRN 0.90 4.72 1/4 *Wet Bid Exchange rate was 1.3427 up 0.0011 Chicago soybeans closed slightly lower. JUL19 HI 8.34 NOV19 HI 8.55 3/4 LOW 8.16 3/4 LOW 8.39 3/4 CLOSE8.30 1/4 Down 12 CLOSE 8.53 Down 11 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt ELEVATORS +JUL1+JUL1+AUG19 CK Low 1.87 10.17 373.781.90 10.43 383.24 CK High 2.00 10.30 378.552.00 10.53 386.91 CK Average 1.94 -0.6810.24 376.221.98 -0.7110.51 385.99 Essex Cty 1.90 10.20 374.881.95 10.48 385.07 Mdsx Low 1.85 10.15 373.041.88 10.41 382.50 Mdsx High 1.95 10.25 376.712.00 10.53 386.91 Mdsx Average 1.90 -0.7010.20 374.881.94 -0.7310.47 384.71 Hensall 1.93 10.23 375.801.98 10.51 385.99 Bruce 1.90 10.20 374.881.95 10.48 385.07 Putnam 1.95 10.25 376.712.00 10.53 386.91 Burford 1.85 10.15 373.041.88 10.41 382.50 Port Perry 1.84 10.14 372.671.87 10.40 382.13 Norfolk 1.90 10.20 374.881.95 10.48 385.07 Palmerston 1.95 10.25 376.711.95 10.48 385.07 Varna 1.90 10.20 374.881.95 10.48 385.07 Trenton 1.95 10.25 376.712.00 10.53 386.91 Winchester 1.90 10.20 374.881.98 10.51 386.18 North Gower 1.99 10.29 378.182.10 10.63 390.59 Huron FOB 2.00 10.30 378.552.05 10.58 388.75 Kent FOB 2.10 10.40 382.231.95 10.48 385.07 Lambton FOB 1.95 10.25 376.712.15 10.68 392.42 Middlesex FOB1.99 2.06 2.16 N/A 10.29 378.182.09 10.62 390.22 PROCESSORS Windsor 2.39 10.69 392.882.26 10.79 396.46 TRANSFER Hamilton 2.35 10.65 391.412.40 10.93 401.61 Prescott N/A 2.35 10.88 399.77 Port Colborne N/A 2.32 10.85 398.67 Toledo El. -0.60 7.70 282.86-0.74 7.79 286.29 Exchange rate was 1.3427 up 0.0011 Chicago wheat closed slightly lower. JUL19 HI 4.39 1/2 JUL19 HI 4.39 1/2 LOW 4.28 LOW 4.28 CLOSE 4.37 1/4 Down 3/4 CLOSE 4.37 1/4 Down 3/4 Minni wheat closed slightly lower. JUL19 HI 5.15 1/2 SEP19 HI 5.24 1/4 LOW 5.07 LOW 5.15 1/4 CLOSE 5.14 1/4 Down 3/4 CLOSE 5.22 1/4 Down 3/4 GFO Cash Wheat Prices - DEL Terminal Harvest 18 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.50 1.57 1.36 0.82 CAD $/bu 5.87 5.94 5.74 5.97 CAD $/tonne 215.73 218.19 210.79 219.18 Direct MarkHarvest 2018 Harvest 2019 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 1.30 N/A N/A N/A 1.30 N/A London 1.28 1.69 1.22 N/A 1.33 1.66 1.26 N/A Hensall 1.60 N/A 1.30 N/A 1.60 N/A 1.30 N/A Trenton N/A N/A N/A N/A N/A N/A 1.30 N/A Bruce 1.60 1.75 1.25 N/A 1.60 1.70 1.30 1.00 Essex N/A N/A 1.20 N/A N/A N/A 1.30 N/A Norwich 1.60 N/A 1.30 N/A 1.60 N/A 1.30 N/A Port Hope N/A N/A N/A N/A N/A 1.60 1.30 N/A Kent Bridge 1.60 N/A 1.30 N/A 1.60 N/A 1.30 N/A Chatham N/A N/A 1.20 N/A N/A N/A 1.30 N/A Brigden N/A N/A 1.20 N/A N/A N/A 1.30 N/A Palmerston N/A 1.75 1.25 1.10 N/A 1.73 1.23 1.00 Varna 1.50 1.75 1.30 N/A 1.50 1.70 1.30 N/A Mitchell 1.60 1.60 1.30 N/A 1.60 1.60 1.30 N/A Thornton N/A N/A N/A 1.07 N/A N/A N/A N/A North Gower N/A 1.42 1.20 0.70 N/A 1.93 1.46 0.85 W O Feed 1.80 TERMINAL Port Colbor N/A N/A N/A N/A 1.69 2.02 1.55 N/A PROCESSORS Toledo FM N/A N/A 1.63 N/A N/A N/A 1.63 N/A Toledo El. 4.25US 5.71CA 4.25US 5.71CA GFO Contract Wheat Prices - DEL Terminal Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M) Basis 1.57 1.90 1.43 1.05 CAD $/bu 5.94 6.27 5.80 6.27 CAD $/tonne 218.19 230.53 213.26 230.53 (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 457.03 DDG's FOB Srn & Aylm 205.00