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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, May 1<br>
</u></span></div>
<div style="font-family:"Courier New",monospace; font-size:10pt; color:rgb(0,0,0)">
<span><u></u></span>
<div><u>(All Bases in CAD)<br>
</u></div>
<div><u>Exchange rate was 1.4068 up 0.0144<br>
</u></div>
<div><u>Chicago corn closed slightly lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 3.20 1/4 DEC20 HI 3.37 1/4<br>
</u></div>
<div><u> LOW 3.15 1/2 LOW 3.32 3/4<br>
</u></div>
<div><u> CLOSE3.18 1/2 Down 1 1/2 CLOSE 3.36 3/4 Down 1/2<br>
</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP BASIS NEW CROP BASIS<br>
</u></div>
<div><u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt<br>
</u></div>
<div><u>ELEVATORS +JUL20+SEP20+SEP20<br>
</u></div>
<div><u>CK Low 1.25 4.44 174.60 0.90 4.27 168.00<br>
</u></div>
<div><u>CK High 1.25 4.44 174.60 0.90 4.27 168.00<br>
</u></div>
<div><u>CK Avg 1.25 -0.03 4.44 174.60 0.90 -0.34 4.27 168.00<br>
</u></div>
<div><u>Essex Cty 1.25 4.44 174.60 0.90 4.27 168.00<br>
</u></div>
<div><u>Mdsx Low 1.25 4.44 174.60 0.90 4.27 168.00<br>
</u></div>
<div><u>Mdsx High 1.25 4.44 174.60 0.90 4.27 168.00<br>
</u></div>
<div><u>Mdsx Avg 1.25 -0.03 4.44 174.60 0.90 -0.34 4.27 168.00<br>
</u></div>
<div><u>Hensall 1.28 4.46 175.58 0.93 4.29 168.99<br>
</u></div>
<div><u>Bruce 1.25 4.44 174.60 0.90 4.27 168.00<br>
</u></div>
<div><u>Putnam 1.25 4.44 174.60 0.90 4.27 168.00<br>
</u></div>
<div><u>Burford 1.25 4.44 174.60 0.90 4.27 168.00<br>
</u></div>
<div><u>Port Perry 1.35 4.54 178.54 1.05 4.42 173.91<br>
</u></div>
<div><u>Norfolk 1.25 4.44 174.60 0.90 4.27 168.00<br>
</u></div>
<div><u>Palmerston 1.25 4.44 174.60 0.95 4.32 169.97<br>
</u></div>
<div><u>Varna 1.25 4.44 174.60 0.90 4.27 168.00<br>
</u></div>
<div><u>Trenton 1.35 4.54 178.54 1.15 4.52 177.85<br>
</u></div>
<div><u>Winchester 1.40 4.59 180.50 1.45 4.82 189.66<br>
</u></div>
<div><u>North Gower 1.30 4.49 176.57 1.35 4.72 185.72<br>
</u></div>
<div><u>Vankleek Hil 1.07 4.26 167.51 0.95 4.32 169.97<br>
</u></div>
<div><u>Huron FOB 1.30 4.49 176.57 0.95 4.32 169.97<br>
</u></div>
<div><u>Kent FOB 1.30 4.49 176.57 0.95 4.32 169.97<br>
</u></div>
<div><u>Lamb FOB N/A 1.00 4.37 171.94<br>
</u></div>
<div><u>Mdsx FOB 1.30N/A N/A N/A 4.49 176.57 0.95 4.32 169.97<br>
</u></div>
<div><u>FOB SW Que 2.22 5.41 212.79N/A<br>
</u></div>
<div><u>Track 1.54 4.72 185.82N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A 1.49 N/A<br>
</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A<br>
</u></div>
<div><u>Aylmer-Eth N/A N/A N/A 1.60 1.15 4.52 177.85<br>
</u></div>
<div><u>Sarn-Eth N/A N/A N/A N/A N/A<br>
</u></div>
<div><u>London-Ing N/A N/A N/A N/A 1.20 4.57 179.81<br>
</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A N/A<br>
</u></div>
<div><u>Cardnl-Ing N/A N/A 1.95 2.00 1.50 4.87 191.63<br>
</u></div>
<div><u>W O Feed 1.78 4.97 195.54<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.72 4.91 193.10<br>
</u></div>
<div><u>Toledo El. -0.24 2.95 115.97 -0.42 2.95 115.95<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.80 4.99 196.25 1.30 4.67183 3/4<br>
</u></div>
<div><u>Prescott N/A N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 0.90 4.26 3/4<br>
</u></div>
<div><u>*Wet Bid<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.4068 up 0.0144<br>
</u></div>
<div><u>Chicago soybeans closed mixed.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 8.55 3/4 NOV20 HI 8.58<br>
</u></div>
<div><u> LOW 8.47 LOW 8.50 1/2<br>
</u></div>
<div><u> CLOSE8.49 1/2 Down 5 3/4 CLOSE 8.55 Down 2 3/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP NEW CROP<br>
</u></div>
<div><u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt<br>
</u></div>
<div><u>ELEVATORS +JUL2+JUL2+SEP20<br>
</u></div>
<div><u>CK Low 2.75 11.25 413.182.65 11.20 411.53<br>
</u></div>
<div><u>CK High 2.91 11.41 419.062.78 11.33 416.31<br>
</u></div>
<div><u>CK Average 2.85 -0.4311.35 416.922.72 -0.5411.27 414.16<br>
</u></div>
<div><u>Essex Cty 2.85 11.35 416.862.70 11.25 413.37<br>
</u></div>
<div><u>Mdsx Low 2.89 11.39 418.332.75 11.30 415.20<br>
</u></div>
<div><u>Mdsx High 2.90 11.40 418.692.76 11.31 415.57<br>
</u></div>
<div><u>Mdsx Average 2.90 -0.4011.39 418.512.76 -0.5211.31 415.39<br>
</u></div>
<div><u>Hensall 2.85 11.35 416.862.75 11.30 415.20<br>
</u></div>
<div><u>Bruce 2.80 11.30 415.022.75 11.30 415.20<br>
</u></div>
<div><u>Putnam 2.90 11.40 418.692.75 11.30 415.20<br>
</u></div>
<div><u>Burford 2.96 11.46 420.902.83 11.38 418.14<br>
</u></div>
<div><u>Port Perry 2.91 11.41 419.062.78 11.33 416.31<br>
</u></div>
<div><u>Norfolk 2.85 11.35 416.862.75 11.30 415.20<br>
</u></div>
<div><u>Palmerston 2.83 11.33 416.122.78 11.33 416.31<br>
</u></div>
<div><u>Varna 2.70 11.20 411.352.65 11.20 411.53<br>
</u></div>
<div><u>Trenton 2.80 11.30 415.022.65 11.20 411.53<br>
</u></div>
<div><u>Winchester 2.80 11.30 415.022.65 11.20 411.53<br>
</u></div>
<div><u>North Gower 2.75 11.25 413.182.75 11.30 415.20<br>
</u></div>
<div><u>Vankleek Hill N/A 2.74 11.29 414.84<br>
</u></div>
<div><u>Huron FOB 2.95 11.45 420.532.85 11.40 418.88<br>
</u></div>
<div><u>Kent FOB 3.05 11.55 424.212.75 11.30 415.20<br>
</u></div>
<div><u>Lambton FOB 3.15 11.65 427.882.80 11.35 417.04<br>
</u></div>
<div><u>Middlesex FOB3.15 3.15 N/A N/A 11.65 427.882.87 11.42 419.61<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 3.32 11.82 434.132.99 11.54 424.02<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 3.50 12.00 440.743.20 11.75 431.74<br>
</u></div>
<div><u>Prescott N/A 3.16 11.71 430.27<br>
</u></div>
<div><u>Port Colborne3.49 11.99 440.373.21 11.76 432.11<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.14 8.35 306.97-0.42 8.13 298.64<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.4068 up 0.0144<br>
</u></div>
<div><u>Chicago wheat closed slightly to moderately lower.<br>
</u></div>
<div><u>JUL20 HI 5.22 3/4 SEP20 HI 5.26 1/2<br>
</u></div>
<div><u> LOW 5.13 3/4 LOW 5.17 3/4<br>
</u></div>
<div><u> CLOSE 5.16 1/2 Down 7 3/4 CLOSE 5.20 1/4 Down 7 3/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately lower.<br>
</u></div>
<div><u>JUL20 HI 5.15 1/2 SEP20 HI 5.26 1/4<br>
</u></div>
<div><u> LOW 5.06 1/4 LOW 5.17 1/4<br>
</u></div>
<div><u> CLOSE 5.06 3/4 Down 8 3/4 CLOSE 5.17 3/4 Down 8<br>
</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash Wheat Prices - DEL Terminal<br>
</u></div>
<div><u>Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)<br>
</u></div>
<div><u>Basis 2.24 2.45 2.24 1.43<br>
</u></div>
<div><u>CAD $/bu 7.41 7.62 7.41 6.50<br>
</u></div>
<div><u>CAD $/tonne 272.15 279.90 272.15 238.68<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2019 Harvest 2020<br>
</u></div>
<div><u> DELIVERED BASIS DELIVERED BASIS<br>
</u></div>
<div><u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)<br>
</u></div>
<div><u>ELEVATORS<br>
</u></div>
<div><u>Brgssvll N/A N/A N/A N/A N/A N/A 1.31 N/A<br>
</u></div>
<div><u>London 2.09 2.37 1.95 N/A 1.70 1.84 1.42 N/A<br>
</u></div>
<div><u>Hensall 1.85 N/A 1.85 N/A 1.51 N/A 1.31 N/A<br>
</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.46 N/A<br>
</u></div>
<div><u>Bruce 1.80 2.30 1.85 1.95 1.36 1.71 1.31 1.30<br>
</u></div>
<div><u>Essex N/A N/A 1.90 N/A N/A N/A 1.31 N/A<br>
</u></div>
<div><u>Norwich 1.85 N/A 1.85 N/A 1.51 N/A 1.31 N/A<br>
</u></div>
<div><u>Port Hope N/A N/A 1.85 N/A N/A N/A 1.41 N/A<br>
</u></div>
<div><u>Kent Bridge 1.85 N/A 1.85 N/A 1.51 N/A 1.31 N/A<br>
</u></div>
<div><u>Chatham N/A N/A N/A N/A N/A N/A 1.36 N/A<br>
</u></div>
<div><u>Brigden N/A N/A N/A N/A N/A N/A 1.36 N/A<br>
</u></div>
<div><u>Palmerston N/A 2.32 1.75 1.77 N/A 1.77 1.34 1.34<br>
</u></div>
<div><u>Varna 2.10 2.30 1.90 N/A 1.46 1.71 1.31 N/A<br>
</u></div>
<div><u>Mitchell 1.85 2.00 1.85 N/A 1.51 1.71 1.31 N/A<br>
</u></div>
<div><u>Thornton N/A N/A N/A 1.99 N/A N/A N/A N/A<br>
</u></div>
<div><u>North Gower N/A 2.20 1.95 1.05 N/A 1.95 1.55 1.10<br>
</u></div>
<div><u>W O Feed 2.54<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 2.22 N/A N/A N/A 1.76 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 2.10 N/A N/A N/A 2.06 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.17US 7.27CA 5.16US 7.27CA<br>
</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal<br>
</u></div>
<div><u>Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)<br>
</u></div>
<div><u>Basis 1.77 2.12 1.77 1.27<br>
</u></div>
<div><u>CAD $/bu 6.97 7.32 6.97 6.44<br>
</u></div>
<div><u>CAD $/tonne 256.14 269.07 256.14 236.74<br>
</u></div>
<div><u><br>
</u></div>
<div><u>(C)-Basis over the Chicago Board of Trade futures<br>
</u></div>
<div><u>(M)-Basis over the Minneapolis Grain Exchange<br>
</u></div>
<div><u><br>
</u></div>
<div><u>FEED GRAINS<br>
</u></div>
<div><u>FOB Hm Soymeal 501.01<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm -<br>
</u></div>
<div><u><br>
</u></div>
<u><span></span><br>
</u></div>
<div style="font-family:"Courier New",monospace; font-size:10pt; color:rgb(0,0,0)">
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size: 10pt; font-family: "Courier New";">Blair Andrews</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size:10.0pt;font-family:"Courier New"">Editor, AgriLink and Farm Market News
</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size:10.0pt;font-family:"Courier New"">University of Guelph, Ridgetown Campus</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size:10.0pt;font-family:"Courier New""><o:p> </o:p></span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size:10.0pt;font-family:"Courier New"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes">
</span></span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
<br>
<span style="background: rgb(253, 253, 253);">Click on this link:<span><span style="color:#333333"> </span></span></span><span style="color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span><span style="color:#333333;background:#FDFDFD"> </span><span style="background: rgb(253, 253, 253);"> to
unsubscribe from this report.</span><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</span></span></p>
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