<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 style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, May 4<br>
</u></span></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<div><u>(All Bases in CAD)<br>
</u></div>
<div><u>Exchange rate was 1.4082 up 0.0014<br>
</u></div>
<div><u>Chicago corn closed slightly lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 3.17 1/4 DEC20 HI 3.35 3/4<br>
</u></div>
<div><u> LOW 3.12 1/4 LOW 3.31<br>
</u></div>
<div><u> CLOSE3.15 1/2 Down 3 CLOSE 3.34 Down 2 3/4<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 4.41 173.42 0.90 4.24 166.92<br>
</u></div>
<div><u>CK High 1.25 4.41 173.42 0.90 4.24 166.92<br>
</u></div>
<div><u>CK Avg 1.25 -0.03 4.41 173.42 0.90 -0.33 4.24 166.92<br>
</u></div>
<div><u>Essex Cty 1.25 4.41 173.42 0.90 4.24 166.92<br>
</u></div>
<div><u>Mdsx Low 1.25 4.41 173.42 0.90 4.24 166.92<br>
</u></div>
<div><u>Mdsx High 1.25 4.41 173.42 0.90 4.24 166.92<br>
</u></div>
<div><u>Mdsx Avg 1.25 -0.03 4.41 173.42 0.90 -0.33 4.24 166.92<br>
</u></div>
<div><u>Hensall 1.28 4.43 174.40 0.93 4.27 167.91<br>
</u></div>
<div><u>Bruce 1.25 4.41 173.42 0.90 4.24 166.92<br>
</u></div>
<div><u>Putnam 1.25 4.41 173.42 0.90 4.24 166.92<br>
</u></div>
<div><u>Burford 1.25 4.41 173.42 0.90 4.24 166.92<br>
</u></div>
<div><u>Port Perry 1.35 4.51 177.35 1.05 4.39 172.83<br>
</u></div>
<div><u>Norfolk 1.25 4.41 173.42 0.90 4.24 166.92<br>
</u></div>
<div><u>Palmerston 1.24 4.40 173.02 0.93 4.27 168.10<br>
</u></div>
<div><u>Varna 1.25 4.41 173.42 0.90 4.24 166.92<br>
</u></div>
<div><u>Trenton 1.35 4.51 177.35 1.15 4.49 176.76<br>
</u></div>
<div><u>Winchester 1.40 4.56 179.32 1.45 4.79 188.57<br>
</u></div>
<div><u>North Gower 1.30 4.46 175.39 1.35 4.69 184.64<br>
</u></div>
<div><u>Vankleek Hil 1.07 4.23 166.33 0.95 4.29 168.89<br>
</u></div>
<div><u>Huron FOB 1.30 4.46 175.39 0.95 4.29 168.89<br>
</u></div>
<div><u>Kent FOB 1.30 4.46 175.39 0.95 4.29 168.89<br>
</u></div>
<div><u>Lamb FOB N/A 1.00 4.34 170.86<br>
</u></div>
<div><u>Mdsx FOB 1.30N/A N/A N/A 4.46 175.39 0.95 4.29 168.89<br>
</u></div>
<div><u>FOB SW Que 2.22 5.38 211.60N/A<br>
</u></div>
<div><u>Track 1.53 4.69 184.44N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A 1.52 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 4.49 176.76<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 4.54 178.73<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 4.84 190.54<br>
</u></div>
<div><u>W O Feed 1.77 4.93 193.97<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.71 4.87 191.53<br>
</u></div>
<div><u>Toledo El. -0.24 2.92 114.78 -0.42 2.92 114.85<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.80 4.96 195.07 1.30 4.64182 2/3<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 4.24<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 1.4082 up 0.0014<br>
</u></div>
<div><u>Chicago soybeans closed slightly to moderately lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 8.48 1/4 NOV20 HI 8.53 1/2<br>
</u></div>
<div><u> LOW 8.32 1/4 LOW 8.40 1/4<br>
</u></div>
<div><u> CLOSE8.36 1/2 Down 13 CLOSE 8.45 3/4 Down 9 1/4<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 2.85 11.22 412.082.70 11.16 409.97<br>
</u></div>
<div><u>CK High 2.91 11.28 414.292.79 11.25 413.27<br>
</u></div>
<div><u>CK Average 2.89 -0.3811.25 413.372.75 -0.5011.21 411.74<br>
</u></div>
<div><u>Essex Cty 2.85 11.22 412.082.70 11.16 409.97<br>
</u></div>
<div><u>Mdsx Low 2.89 11.26 413.552.75 11.21 411.81<br>
</u></div>
<div><u>Mdsx High 2.90 11.27 413.922.77 11.23 412.54<br>
</u></div>
<div><u>Mdsx Average 2.90 -0.3711.26 413.732.76 -0.4911.22 412.17<br>
</u></div>
<div><u>Hensall 2.88 11.24 413.002.75 11.21 411.81<br>
</u></div>
<div><u>Bruce 2.85 11.22 412.082.75 11.21 411.81<br>
</u></div>
<div><u>Putnam 2.90 11.27 413.922.75 11.21 411.81<br>
</u></div>
<div><u>Burford 2.96 11.33 416.122.84 11.30 415.11<br>
</u></div>
<div><u>Port Perry 2.91 11.28 414.292.79 11.25 413.27<br>
</u></div>
<div><u>Norfolk 2.85 11.22 412.082.75 11.21 411.81<br>
</u></div>
<div><u>Palmerston 2.77 11.14 409.142.73 11.19 411.07<br>
</u></div>
<div><u>Varna 2.70 11.07 406.572.65 11.11 408.13<br>
</u></div>
<div><u>Trenton 2.85 11.22 412.082.75 11.21 411.81<br>
</u></div>
<div><u>Winchester 2.85 11.22 412.082.70 11.16 409.97<br>
</u></div>
<div><u>North Gower 2.75 11.12 408.412.75 11.21 411.81<br>
</u></div>
<div><u>Vankleek Hill N/A 2.74 11.20 411.44<br>
</u></div>
<div><u>Huron FOB 3.00 11.37 417.592.85 11.31 415.48<br>
</u></div>
<div><u>Kent FOB 3.05 11.42 419.432.75 11.21 411.81<br>
</u></div>
<div><u>Lambton FOB 3.15 11.52 423.102.80 11.26 413.64<br>
</u></div>
<div><u>Middlesex FOB3.15 3.15 N/A N/A 11.52 423.102.88 11.34 416.58<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 3.28 11.65 427.882.96 11.42 419.52<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 3.50 11.87 435.963.20 11.66 428.34<br>
</u></div>
<div><u>Prescott N/A 3.16 11.62 426.87<br>
</u></div>
<div><u>Port Colborne3.49 11.86 435.603.22 11.68 429.07<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.14 8.22 302.19-0.42 8.03 295.23<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.4082 up 0.0014<br>
</u></div>
<div><u>Chicago wheat closed slightly higher.<br>
</u></div>
<div><u>JUL20 HI 5.21 1/4 SEP20 HI 5.23 3/4<br>
</u></div>
<div><u> LOW 5.05 3/4 LOW 5.10 1/2<br>
</u></div>
<div><u> CLOSE 5.19 1/2 Up 3 CLOSE 5.22 Up 1 3/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.<br>
</u></div>
<div><u>JUL20 HI 5.09 3/4 SEP20 HI 5.20 1/2<br>
</u></div>
<div><u> LOW 5.02 LOW 5.13 1/4<br>
</u></div>
<div><u> CLOSE 5.08 1/4 Up 1 1/2 CLOSE 5.19 1/4 Up 1 1/2<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 2.26 2.47 2.26 1.44<br>
</u></div>
<div><u>CAD $/bu 7.46 7.67 7.46 6.52<br>
</u></div>
<div><u>CAD $/tonne 273.97 281.73 273.97 239.69<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 1.32 N/A<br>
</u></div>
<div><u>London 2.08 2.37 1.94 N/A 1.70 1.84 1.42 N/A<br>
</u></div>
<div><u>Hensall 1.85 N/A 1.85 N/A 1.52 N/A 1.32 N/A<br>
</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.47 N/A<br>
</u></div>
<div><u>Bruce 1.80 2.30 1.85 1.95 1.42 1.77 1.37 1.35<br>
</u></div>
<div><u>Essex N/A N/A 1.90 N/A N/A N/A 1.32 N/A<br>
</u></div>
<div><u>Norwich 1.85 N/A 1.85 N/A 1.52 N/A 1.32 N/A<br>
</u></div>
<div><u>Port Hope N/A N/A 1.85 N/A N/A N/A 1.42 N/A<br>
</u></div>
<div><u>Kent Bridge 1.85 N/A 1.85 N/A 1.52 N/A 1.32 N/A<br>
</u></div>
<div><u>Chatham N/A N/A N/A N/A N/A N/A 1.37 N/A<br>
</u></div>
<div><u>Brigden N/A N/A N/A N/A N/A N/A 1.37 N/A<br>
</u></div>
<div><u>Palmerston N/A 2.32 1.75 1.85 N/A 1.77 1.34 1.33<br>
</u></div>
<div><u>Varna 2.10 2.30 1.90 N/A 1.47 1.72 1.32 N/A<br>
</u></div>
<div><u>Mitchell 1.85 2.00 1.85 N/A 1.52 1.72 1.32 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 2.55<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 2.21 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 2.12 N/A N/A N/A 2.09 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.20US 7.32CA 5.19US 7.31CA<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 1.78 2.13 1.78 1.28<br>
</u></div>
<div><u>CAD $/bu 7.00 7.35 7.00 6.47<br>
</u></div>
<div><u>CAD $/tonne 257.24 270.18 257.24 237.70<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 496.49<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm -<br>
</u></div>
<div><u><br>
</u></div>
<div><br>
</div>
<div>
<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>
<br>
</div>
<u><span></span><br>
</u></div>
<div>
<div id="Signature">
<div id="divtagdefaultwrapper" style="font-size:12pt; color:#000000; background-color:#FFFFFF; font-family:Calibri,Arial,Helvetica,sans-serif">
<div><u><span style="font-family:"Courier New",monospace; font-size:10pt"></span></u></div>
<u><br>
</u>
<p style="margin-top: 0px; margin-bottom: 0px;"></p>
<p style="margin-top: 0px; margin-bottom: 0px;"><br>
</p>
</div>
</div>
</div>
</body>
</html>