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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, May 11<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 1.4025 up 0.0092<br>
</u></div>
<div><u>Chicago corn closed slightly lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 3.22 3/4 DEC20 HI 3.38 3/4<br>
</u></div>
<div><u> LOW 3.17 1/4 LOW 3.33 3/4<br>
</u></div>
<div><u> CLOSE3.18 1/2 Down 3/4 CLOSE 3.34 3/4 Down 1<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 4.25 167.22<br>
</u></div>
<div><u>CK High 1.25 4.44 174.60 0.90 4.25 167.22<br>
</u></div>
<div><u>CK Avg 1.25 -0.02 4.44 174.60 0.90 -0.32 4.25 167.22<br>
</u></div>
<div><u>Essex Cty 1.25 4.44 174.60 0.90 4.25 167.22<br>
</u></div>
<div><u>Mdsx Low 1.25 4.44 174.60 0.90 4.25 167.22<br>
</u></div>
<div><u>Mdsx High 1.25 4.44 174.60 0.90 4.25 167.22<br>
</u></div>
<div><u>Mdsx Avg 1.25 -0.02 4.44 174.60 0.90 -0.32 4.25 167.22<br>
</u></div>
<div><u>Hensall 1.28 4.46 175.58 0.93 4.27 168.20<br>
</u></div>
<div><u>Bruce 1.25 4.44 174.60 0.90 4.25 167.22<br>
</u></div>
<div><u>Putnam 1.25 4.44 174.60 0.90 4.25 167.22<br>
</u></div>
<div><u>Burford 1.25 4.44 174.60 0.90 4.25 167.22<br>
</u></div>
<div><u>Port Perry 1.35 4.54 178.54 1.05 4.40 173.12<br>
</u></div>
<div><u>Norfolk 1.25 4.44 174.60 0.90 4.25 167.22<br>
</u></div>
<div><u>Palmerston 1.24 4.43 174.20 0.92 4.27 168.00<br>
</u></div>
<div><u>Varna 1.25 4.44 174.60 0.90 4.25 167.22<br>
</u></div>
<div><u>Trenton 1.35 4.54 178.54 1.15 4.50 177.06<br>
</u></div>
<div><u>Winchester 1.40 4.59 180.50 1.45 4.80 188.87<br>
</u></div>
<div><u>North Gower 1.35 4.54 178.54 1.40 4.75 186.90<br>
</u></div>
<div><u>Vankleek Hil 1.07 4.26 167.51 0.95 4.30 169.19<br>
</u></div>
<div><u>Huron FOB 1.30 4.49 176.57 0.95 4.30 169.19<br>
</u></div>
<div><u>Kent FOB 1.30 4.49 176.57 0.90 4.25 167.22<br>
</u></div>
<div><u>Lamb FOB N/A 1.00 4.35 171.15<br>
</u></div>
<div><u>Mdsx FOB 1.30N/A N/A N/A 4.49 176.57 0.95 4.30 169.19<br>
</u></div>
<div><u>FOB SW Que 2.10 5.29 208.06N/A<br>
</u></div>
<div><u>Track 1.56 4.75 186.80N/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 4.50 177.06<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 4.55 179.03<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 4.85 190.84<br>
</u></div>
<div><u>W O Feed 1.75 4.94 194.44<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.77 4.96 195.07<br>
</u></div>
<div><u>Toledo El. -0.17 3.02 118.76 -0.42 2.93 115.22<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.80 4.99 196.25 1.35 4.70185<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 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 1.4025 up 0.0092<br>
</u></div>
<div><u>Chicago soybeans closed slightly higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 8.61 1/4 NOV20 HI 8.65<br>
</u></div>
<div><u> LOW 8.48 1/2 LOW 8.54 1/4<br>
</u></div>
<div><u> CLOSE8.55 Up 4 1/2 CLOSE 8.58 1/2 Up 3<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 2.90 11.45 420.722.70 11.29 414.65<br>
</u></div>
<div><u>CK High 2.97 11.52 423.292.80 11.39 418.33<br>
</u></div>
<div><u>CK Average 2.95 -0.3511.50 422.372.78 -0.4811.36 417.53<br>
</u></div>
<div><u>Essex Cty 2.95 11.50 422.552.75 11.34 416.49<br>
</u></div>
<div><u>Mdsx Low 2.95 11.50 422.552.75 11.34 416.49<br>
</u></div>
<div><u>Mdsx High 2.95 11.50 422.552.80 11.39 418.33<br>
</u></div>
<div><u>Mdsx Average 2.95 -0.3511.50 422.552.78 -0.4811.36 417.41<br>
</u></div>
<div><u>Hensall 2.93 11.48 421.632.78 11.36 417.41<br>
</u></div>
<div><u>Bruce 2.90 11.45 420.722.75 11.34 416.49<br>
</u></div>
<div><u>Putnam 2.95 11.50 422.552.80 11.39 418.33<br>
</u></div>
<div><u>Burford 3.02 11.57 425.122.82 11.41 419.06<br>
</u></div>
<div><u>Port Perry 2.97 11.52 423.292.77 11.36 417.22<br>
</u></div>
<div><u>Norfolk 2.95 11.50 422.552.80 11.39 418.33<br>
</u></div>
<div><u>Palmerston 2.81 11.36 417.412.74 11.33 416.12<br>
</u></div>
<div><u>Varna 2.90 11.45 420.722.75 11.34 416.49<br>
</u></div>
<div><u>Trenton 2.95 11.50 422.552.80 11.39 418.33<br>
</u></div>
<div><u>Winchester 2.90 11.45 420.722.70 11.29 414.65<br>
</u></div>
<div><u>North Gower 2.82 11.37 417.782.75 11.34 416.49<br>
</u></div>
<div><u>Vankleek Hill N/A 2.74 11.33 416.12<br>
</u></div>
<div><u>Huron FOB 3.05 11.60 426.232.85 11.44 420.16<br>
</u></div>
<div><u>Kent FOB 3.15 11.70 429.902.80 11.39 418.33<br>
</u></div>
<div><u>Lambton FOB 3.15 11.70 429.902.85 11.44 420.16<br>
</u></div>
<div><u>Middlesex FOB3.14 3.14 N/A N/A 11.69 429.532.87 11.46 420.90<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 3.44 11.99 440.56 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 3.55 12.10 444.603.25 11.84 434.86<br>
</u></div>
<div><u>Prescott N/A 3.16 11.75 431.55<br>
</u></div>
<div><u>Port Colborne3.55 12.10 444.603.21 11.80 433.39<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.14 8.41 309.01-0.42 8.16 299.99<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.4025 up 0.0092<br>
</u></div>
<div><u>Chicago wheat closed slightly lower.<br>
</u></div>
<div><u>JUL20 HI 5.28 SEP20 HI 5.30 1/2<br>
</u></div>
<div><u> LOW 5.16 1/4 LOW 5.19 1/2<br>
</u></div>
<div><u> CLOSE 5.17 1/4 Down 4 3/4 CLOSE 5.20 3/4 Down 4 1/2<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.<br>
</u></div>
<div><u>JUL20 HI 5.24 1/4 SEP20 HI 5.34 1/4<br>
</u></div>
<div><u> LOW 5.17 1/4 LOW 5.28 1/4<br>
</u></div>
<div><u> CLOSE 5.18 3/4 Up 2 3/4 CLOSE 5.29 1/2 Up 3 1/4<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 2.22 2.43 2.22 1.46<br>
</u></div>
<div><u>CAD $/bu 7.39 7.61 7.39 6.64<br>
</u></div>
<div><u>CAD $/tonne 271.71 279.44 271.71 244.14<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 1.36 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 2.30 1.74 1.88 N/A 1.75 1.33 1.36<br>
</u></div>
<div><u>Varna 2.05 2.25 1.85 N/A 1.57 1.77 1.37 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 1.87 N/A N/A N/A N/A<br>
</u></div>
<div><u>North Gower N/A 2.10 1.90 1.05 N/A 1.90 1.50 1.10<br>
</u></div>
<div><u>W O Feed 2.45<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 2.20 N/A N/A N/A 1.70 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 2.08 N/A N/A N/A 2.05 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.17US 7.25CA 5.18US 7.26CA<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 1.74 2.09 1.74 1.29<br>
</u></div>
<div><u>CAD $/bu 6.95 7.30 6.95 6.58<br>
</u></div>
<div><u>CAD $/tonne 255.43 268.31 255.43 241.90<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 494.17<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:10.0pt;font-family:"Courier New"">Fax. 519-674-1530<br>
<br>
<span style="background:#FDFDFD">Click on this link:<span><span style="color:#333333"> </span></span></span><span><span style="color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span></span><span><span style="color:#333333;background:#FDFDFD"> </span></span><span style="background:#FDFDFD"> to
unsubscribe from this report.</span><br>
<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
<span style="background:#FDFDFD">Grain Farmers of Ontario</span></span></p>
<br>
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