<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1">
<style type="text/css" style="display:none;"><!-- P {margin-top:0;margin-bottom:0;} --></style>
</head>
<body dir="ltr">
<div id="divtagdefaultwrapper" style="font-size:10pt;color:#000000;font-family:'Courier New',monospace;" dir="ltr">
<p style="margin-top:0;margin-bottom:0"></p>
<div id="divtagdefaultwrapper" style="font-size: 10pt; color: rgb(0, 0, 0); font-family: "Courier New", monospace, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;" dir="ltr">
<p style="margin-top:0;margin-bottom:0"></p>
<div id="divtagdefaultwrapper" style="font-size: 10pt; color: rgb(0, 0, 0); font-family: "Courier New", monospace, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;" dir="ltr">
<p style="margin-top:0;margin-bottom:0"></p>
<div id="divtagdefaultwrapper" style="font-size: 10pt; color: rgb(0, 0, 0); font-family: "Courier New", monospace, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;" dir="ltr">
<p style="margin-top:0;margin-bottom:0"></p>
<div id="divtagdefaultwrapper" style="font-size: 10pt; color: rgb(0, 0, 0); font-family: "Courier New", monospace, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;" dir="ltr">
<p style="margin-top:0;margin-bottom:0"><u></u></p>
<div><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, May 14</u></div>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.3449 down 0.0007</u></div>
<div><u>Chicago corn closed higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL19 HI 3.70 3/4 DEC19 HI 3.89 1/4</u></div>
<div><u> LOW 3.60 1/4 LOW 3.80</u></div>
<div><u> CLOSE3.68 3/4 Up 12 1/4 CLOSE 3.87 3/4 Up 11 1/4</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 4.69 184.54 0.85 4.73 186.11</u></div>
<div><u>CK High 1.05 4.74 186.51 0.90 4.78 188.08</u></div>
<div><u>CK Avg 1.04 -0.17 4.73 186.18 0.87 -0.35 4.74 186.77</u></div>
<div><u>Essex Cty 1.05 4.74 186.51 0.85 4.73 186.11</u></div>
<div><u>Mdsx Low 1.05 4.74 186.51 0.85 4.73 186.11</u></div>
<div><u>Mdsx High 1.05 4.74 186.51 0.90 4.78 188.08</u></div>
<div><u>Mdsx Avg 1.05 -0.16 4.74 186.51 0.88 -0.34 4.75 187.10</u></div>
<div><u>Hensall 1.08 4.76 187.49 0.93 4.80 189.07</u></div>
<div><u>Bruce 1.05 4.74 186.51 0.90 4.78 188.08</u></div>
<div><u>Putnam 1.05 4.74 186.51 0.85 4.73 186.11</u></div>
<div><u>Burford 1.05 4.74 186.51 0.85 4.73 186.11</u></div>
<div><u>Port Perry 1.05 4.74 186.51 0.85 4.73 186.11</u></div>
<div><u>Norfolk 1.05 4.74 186.51 0.85 4.73 186.11</u></div>
<div><u>Palmerston 1.05 4.74 186.51 0.90 4.78 188.08</u></div>
<div><u>Varna 1.05 4.74 186.51 0.90 4.78 188.08</u></div>
<div><u>Trenton 1.05 4.74 186.51 0.90 4.78 188.08</u></div>
<div><u>Winchester 1.11 4.80 188.87 1.20 5.08 199.89</u></div>
<div><u>North Gower 1.10 4.79 188.48 1.18 5.06 199.10</u></div>
<div><u>Huron FOB 1.31 5.00 196.74 0.92 4.80 188.87</u></div>
<div><u>Kent FOB 1.37 5.06 199.10 0.85 4.73 186.11</u></div>
<div><u>Lamb FOB 1.45 5.14 202.25 0.95 4.83 190.05</u></div>
<div><u>Mdsx FOB 1.40 1.35 1.45 1.45 5.09 200.29 0.95 4.83 190.05</u></div>
<div><u>FOB SW Que 2.00 5.69 223.91 1.55 5.43 213.67</u></div>
<div><u>Track 1.53 5.21 205.21N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 1.70 1.74 1.09 4.97 195.56</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Aylmer-Eth 1.60 1.65 1.70 1.75 5.29 208.16 1.05 4.93 193.99</u></div>
<div><u>Sarn-Eth 1.50 1.50N/A N/A 5.19 204.22N/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 5.08 199.89</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 5.23 205.80</u></div>
<div><u>W O Feed 1.70 5.39 212.25</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.91 5.60 220.36</u></div>
<div><u>Toledo El. -0.05 3.63 143.05 -0.27 3.61 142.06</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Port ColbornN/A 1.15 5.03198</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 0.87 1/2 4.75 1/4</u></div>
<div><u>HI SD CRN 0.90 4.77 3/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3449 down 0.0007</u></div>
<div><u>Chicago soybeans closed moderately higher to higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL19 HI 8.38 NOV19 HI 8.62 1/2</u></div>
<div><u> LOW 8.05 1/2 LOW 8.30 1/4</u></div>
<div><u> CLOSE8.31 1/2 Up 29 CLOSE 8.56 1/2 Up 29</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 10.27 377.171.93 10.50 385.63</u></div>
<div><u>CK High 2.00 10.32 379.011.95 10.52 386.36</u></div>
<div><u>CK Average 1.98 -0.6610.30 378.281.95 -0.7510.51 386.24</u></div>
<div><u>Essex Cty 1.95 10.27 377.171.95 10.52 386.36</u></div>
<div><u>Mdsx Low 1.93 10.25 376.441.88 10.45 383.79</u></div>
<div><u>Mdsx High 2.00 10.32 379.011.95 10.52 386.36</u></div>
<div><u>Mdsx Average 1.97 -0.6710.28 377.731.92 -0.7710.48 385.07</u></div>
<div><u>Hensall 1.98 10.29 378.091.95 10.52 386.36</u></div>
<div><u>Bruce 1.95 10.27 377.171.95 10.52 386.36</u></div>
<div><u>Putnam 2.00 10.32 379.011.95 10.52 386.36</u></div>
<div><u>Burford 1.98 10.30 378.281.93 10.50 385.63</u></div>
<div><u>Port Perry 1.95 10.27 377.171.90 10.47 384.52</u></div>
<div><u>Norfolk 1.95 10.27 377.171.95 10.52 386.36</u></div>
<div><u>Palmerston 1.90 10.22 375.341.90 10.47 384.52</u></div>
<div><u>Varna 1.80 10.12 371.661.80 10.37 380.85</u></div>
<div><u>Trenton 2.00 10.32 379.011.95 10.52 386.36</u></div>
<div><u>Winchester N/A 2.00 10.57 388.20</u></div>
<div><u>North Gower 1.99 10.31 378.641.99 10.56 387.83</u></div>
<div><u>Huron FOB 2.05 10.37 380.852.05 10.62 390.03</u></div>
<div><u>Kent FOB 2.15 10.47 384.521.95 10.52 386.36</u></div>
<div><u>Lambton FOB 2.15 10.47 384.522.05 10.62 390.03</u></div>
<div><u>Middlesex FOB2.08 2.08 2.15 N/A 10.40 381.951.94 10.51 385.99</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 2.41 10.73 394.082.29 10.86 398.85</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 2.45 10.77 395.552.40 10.97 402.89</u></div>
<div><u>Prescott N/A 2.30 10.87 399.22</u></div>
<div><u>Port Colborne N/A 2.31 10.88 399.59</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.61 7.71 283.29-0.74 7.83 287.53</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3449 down 0.0007</u></div>
<div><u>Chicago wheat closed moderately higher.</u></div>
<div><u>JUL19 HI 4.50 3/4 JUL19 HI 4.50 3/4</u></div>
<div><u> LOW 4.38 LOW 4.38</u></div>
<div><u> CLOSE 4.48 1/2 Up 11 1/2 CLOSE 4.48 1/2 Up 11 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>JUL19 HI 5.28 1/4 SEP19 HI 5.36 3/4</u></div>
<div><u> LOW 5.15 LOW 5.24</u></div>
<div><u> CLOSE 5.23 1/4 Up 5 1/4 CLOSE 5.31 3/4 Up 5</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 1.55 1.61 1.41 0.86</u></div>
<div><u>CAD $/bu 6.03 6.10 5.90 6.10</u></div>
<div><u>CAD $/tonne 221.63 224.10 216.69 223.98</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 1.30 N/A N/A N/A 1.30 N/A</u></div>
<div><u>London 1.32 1.72 1.25 N/A 1.38 1.71 1.31 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 1.30 N/A</u></div>
<div><u>Bruce 1.60 1.75 1.25 N/A 1.60 1.70 1.30 1.00</u></div>
<div><u>Essex N/A N/A 1.20 N/A N/A N/A 1.25 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 1.30 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 1.25 N/A</u></div>
<div><u>Brigden N/A N/A 1.20 N/A N/A N/A 1.25 N/A</u></div>
<div><u>Palmerston N/A 1.80 1.40 1.10 N/A 1.78 1.38 1.00</u></div>
<div><u>Varna 1.50 1.75 1.30 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 1.11 N/A N/A N/A N/A</u></div>
<div><u>North Gower N/A 1.42 1.20 0.70 N/A 1.83 1.38 0.85</u></div>
<div><u>W O Feed 1.89</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 2.06 1.58 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.55 N/A N/A N/A 1.55 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.37US 5.87CA 4.37US 5.87CA</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 1.61 1.95 1.48 1.09</u></div>
<div><u>CAD $/bu 6.10 6.44 5.96 6.41</u></div>
<div><u>CAD $/tonne 224.10 236.46 219.16 235.59</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 459.67</u></div>
<div><u>DDG's FOB Srn & Aylm 205.00</u></div>
<div><u><br>
</u></div>
<u><br>
</u>
<p></p>
<div id="Signature">
<div id="divtagdefaultwrapper" style="font-size: 12pt; color: rgb(0, 0, 0); background-color: rgb(255, 255, 255); font-family: Calibri, Arial, Helvetica, sans-serif, EmojiFont, "Apple Color Emoji", "Segoe UI Emoji", NotoColorEmoji, "Segoe UI Symbol", "Android Emoji", EmojiSymbols;">
<div><u><span style="font-family:"Courier New",monospace; font-size:10pt"></span></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="LPlnk256697" 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="LPlnk288728" 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>
<br>
<span style="background:#FDFDFD">Click on this link:<span class="apple-converted-space"> </span></span></span><span class="object" style=""><span style="font-size:10.0pt;line-height:115%;font-family:"Courier New";color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span></span><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);"> to
unsubscribe from this report.</span><span style="font-size: 10pt; line-height: 115%; font-family: "Courier New"; color: rgb(51, 51, 51);"><br>
<span style="background: rgb(253, 253, 253);">This Farm Market News product is sponsored by:</span><br>
<span style="background: rgb(253, 253, 253);">Grain Farmers of Ontario<u><o:p></o:p></u></span></span></p>
<u></u><br>
<p></p>
<p><br>
</p>
</div>
</div>
</div>
<p></p>
</div>
<p></p>
</div>
<p></p>
</div>
<p></p>
</div>
</body>
</html>