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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, May 5<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 1.4023 down 0.0059<br>
</u></div>
<div><u>Chicago corn closed slightly higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 3.18 1/2 DEC20 HI 3.35 1/4<br>
</u></div>
<div><u> LOW 3.14 LOW 3.31 3/4<br>
</u></div>
<div><u> CLOSE3.17 Up 1 1/2 CLOSE 3.34 1/4 Up 1/4<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 4.42 174.01 0.90 4.24 167.02<br>
</u></div>
<div><u>CK High 1.25 4.42 174.01 0.90 4.24 167.02<br>
</u></div>
<div><u>CK Avg 1.25 -0.02 4.42 174.01 0.90 -0.32 4.24 167.02<br>
</u></div>
<div><u>Essex Cty 1.25 4.42 174.01 0.90 4.24 167.02<br>
</u></div>
<div><u>Mdsx Low 1.25 4.42 174.01 0.90 4.24 167.02<br>
</u></div>
<div><u>Mdsx High 1.25 4.42 174.01 0.90 4.24 167.02<br>
</u></div>
<div><u>Mdsx Avg 1.25 -0.02 4.42 174.01 0.90 -0.32 4.24 167.02<br>
</u></div>
<div><u>Hensall 1.28 4.45 174.99 0.93 4.27 168.00<br>
</u></div>
<div><u>Bruce 1.25 4.42 174.01 0.90 4.24 167.02<br>
</u></div>
<div><u>Putnam 1.25 4.42 174.01 0.90 4.24 167.02<br>
</u></div>
<div><u>Burford 1.25 4.42 174.01 0.90 4.24 167.02<br>
</u></div>
<div><u>Port Perry 1.35 4.52 177.94 1.05 4.39 172.93<br>
</u></div>
<div><u>Norfolk 1.25 4.42 174.01 0.90 4.24 167.02<br>
</u></div>
<div><u>Palmerston 1.23 4.40 173.22 0.94 4.28 168.59<br>
</u></div>
<div><u>Varna 1.25 4.42 174.01 0.90 4.24 167.02<br>
</u></div>
<div><u>Trenton 1.35 4.52 177.94 1.15 4.49 176.86<br>
</u></div>
<div><u>Winchester 1.40 4.57 179.91 1.45 4.79 188.67<br>
</u></div>
<div><u>North Gower 1.30 4.47 175.98 1.35 4.69 184.74<br>
</u></div>
<div><u>Vankleek Hil 1.07 4.24 166.92 0.95 4.29 168.99<br>
</u></div>
<div><u>Huron FOB 1.30 4.47 175.98 0.95 4.29 168.99<br>
</u></div>
<div><u>Kent FOB 1.30 4.47 175.98 0.90 4.24 167.02<br>
</u></div>
<div><u>Lamb FOB N/A 1.00 4.34 170.96<br>
</u></div>
<div><u>Mdsx FOB 1.30N/A N/A N/A 4.47 175.98 0.95 4.29 168.99<br>
</u></div>
<div><u>FOB SW Que 2.19 5.36 211.01N/A<br>
</u></div>
<div><u>Track 1.56 4.73 186.02N/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 4.49 176.86<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 4.54 178.83<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 4.84 190.64<br>
</u></div>
<div><u>W O Feed 1.75 4.92 193.69<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.77 4.94 194.48<br>
</u></div>
<div><u>Toledo El. -0.24 2.93 115.41 -0.42 2.92 115.02<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.80 4.97 195.66 1.30 4.64182 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 4.24 1/4<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 1.4023 down 0.0059<br>
</u></div>
<div><u>Chicago soybeans closed mixed.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 8.41 NOV20 HI 8.48 1/2<br>
</u></div>
<div><u> LOW 8.33 3/4 LOW 8.43<br>
</u></div>
<div><u> CLOSE8.39 1/2 Up 3 CLOSE 8.46 1/2 Up 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 2.85 11.25 413.182.70 11.17 410.24<br>
</u></div>
<div><u>CK High 2.90 11.30 415.022.75 11.22 412.08<br>
</u></div>
<div><u>CK Average 2.88 -0.3511.28 414.292.74 -0.4811.21 411.77<br>
</u></div>
<div><u>Essex Cty 2.85 11.25 413.182.70 11.17 410.24<br>
</u></div>
<div><u>Mdsx Low 2.86 11.26 413.552.73 11.20 411.35<br>
</u></div>
<div><u>Mdsx High 2.90 11.30 415.022.75 11.22 412.08<br>
</u></div>
<div><u>Mdsx Average 2.88 -0.3511.28 414.292.74 -0.4811.21 411.71<br>
</u></div>
<div><u>Hensall 2.90 11.30 415.022.75 11.22 412.08<br>
</u></div>
<div><u>Bruce 2.85 11.25 413.182.75 11.22 412.08<br>
</u></div>
<div><u>Putnam 2.90 11.30 415.022.75 11.22 412.08<br>
</u></div>
<div><u>Burford 2.93 11.33 416.122.80 11.27 413.92<br>
</u></div>
<div><u>Port Perry 2.88 11.28 414.292.75 11.22 412.08<br>
</u></div>
<div><u>Norfolk 2.85 11.25 413.182.75 11.22 412.08<br>
</u></div>
<div><u>Palmerston 2.74 11.14 409.142.73 11.20 411.35<br>
</u></div>
<div><u>Varna 2.70 11.10 407.672.65 11.12 408.41<br>
</u></div>
<div><u>Trenton 2.90 11.30 415.022.75 11.22 412.08<br>
</u></div>
<div><u>Winchester 2.85 11.25 413.182.65 11.12 408.41<br>
</u></div>
<div><u>North Gower 2.75 11.15 409.512.75 11.22 412.08<br>
</u></div>
<div><u>Vankleek Hill N/A 2.74 11.21 411.71<br>
</u></div>
<div><u>Huron FOB 3.05 11.45 420.532.85 11.32 415.76<br>
</u></div>
<div><u>Kent FOB 3.05 11.45 420.532.75 11.22 412.08<br>
</u></div>
<div><u>Lambton FOB 3.15 11.55 424.212.80 11.27 413.92<br>
</u></div>
<div><u>Middlesex FOB3.12 3.12 N/A N/A 11.52 423.102.86 11.33 416.12<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 3.24 11.64 427.512.91 11.38 417.96<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 3.50 11.90 437.073.20 11.67 428.62<br>
</u></div>
<div><u>Prescott N/A 3.16 11.63 427.15<br>
</u></div>
<div><u>Port Colborne3.46 11.86 435.603.20 11.67 428.62<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.14 8.25 303.31-0.42 8.04 295.57<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.4023 down 0.0059<br>
</u></div>
<div><u>Chicago wheat closed slightly higher.<br>
</u></div>
<div><u>JUL20 HI 5.22 3/4 SEP20 HI 5.25<br>
</u></div>
<div><u> LOW 5.12 1/4 LOW 5.15 1/2<br>
</u></div>
<div><u> CLOSE 5.20 3/4 Up 1 1/4 CLOSE 5.23 3/4 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 5.12 1/4 SEP20 HI 5.23<br>
</u></div>
<div><u> LOW 5.06 1/2 LOW 5.17 1/2<br>
</u></div>
<div><u> CLOSE 5.10 1/4 Up 2 CLOSE 5.21 Up 1 3/4<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 1.42<br>
</u></div>
<div><u>CAD $/bu 7.44 7.65 7.44 6.52<br>
</u></div>
<div><u>CAD $/tonne 273.48 281.21 273.48 239.73<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 1.37 N/A<br>
</u></div>
<div><u>London 2.08 2.36 1.87 N/A 1.70 1.84 1.35 N/A<br>
</u></div>
<div><u>Hensall 1.85 N/A 1.85 N/A 1.52 N/A 1.37 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 1.80 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 1.37 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 1.37 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 2.31 1.75 1.84 N/A 1.76 1.34 1.32<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 1.37 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 2.46<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 1.69 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 2.07 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.21US 7.30CA 5.21US 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 1.76 2.11 1.76 1.26<br>
</u></div>
<div><u>CAD $/bu 7.00 7.35 7.00 6.47<br>
</u></div>
<div><u>CAD $/tonne 257.10 269.98 257.10 237.64<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 497.59<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm -<br>
</u></div>
<u><span></span><br>
</u></div>
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<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"">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
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<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>
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<span style="font-size:10.0pt;font-family:"Courier New"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes">
</span></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
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