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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, May 14<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 1.408 down 0.0024<br>
</u></div>
<div><u>Chicago corn closed slightly lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 3.19 1/4 DEC20 HI 3.32 3/4<br>
</u></div>
<div><u> LOW 3.15 1/2 LOW 3.30<br>
</u></div>
<div><u> CLOSE3.17 1/2 Down 3/4 CLOSE 3.31 3/4 Down 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 4.43 174.20 0.90 4.22 166.04<br>
</u></div>
<div><u>CK High 1.25 4.43 174.20 0.95 4.27 168.00<br>
</u></div>
<div><u>CK Avg 1.25 -0.03 4.43 174.20 0.91 -0.32 4.23 166.36<br>
</u></div>
<div><u>Essex Cty 1.25 4.43 174.20 0.90 4.22 166.04<br>
</u></div>
<div><u>Mdsx Low 1.25 4.43 174.20 0.90 4.22 166.04<br>
</u></div>
<div><u>Mdsx High 1.25 4.43 174.20 0.90 4.22 166.04<br>
</u></div>
<div><u>Mdsx Avg 1.25 -0.03 4.43 174.20 0.90 -0.32 4.22 166.04<br>
</u></div>
<div><u>Hensall 1.28 4.45 175.19 0.95 4.27 168.00<br>
</u></div>
<div><u>Bruce 1.25 4.43 174.20 0.95 4.27 168.00<br>
</u></div>
<div><u>Putnam 1.25 4.43 174.20 0.90 4.22 166.04<br>
</u></div>
<div><u>Burford 1.25 4.43 174.20 0.90 4.22 166.04<br>
</u></div>
<div><u>Port Perry 1.35 4.53 178.14 1.05 4.37 171.94<br>
</u></div>
<div><u>Norfolk 1.25 4.43 174.20 0.90 4.22 166.04<br>
</u></div>
<div><u>Palmerston 1.25 4.43 174.20 0.94 4.26 167.61<br>
</u></div>
<div><u>Varna 1.25 4.43 174.20 0.90 4.22 166.04<br>
</u></div>
<div><u>Trenton 1.35 4.53 178.14 1.15 4.47 175.88<br>
</u></div>
<div><u>Winchester 1.40 4.58 180.11 1.45 4.77 187.69<br>
</u></div>
<div><u>North Gower 1.35 4.53 178.14 1.40 4.72 185.72<br>
</u></div>
<div><u>Vankleek Hil 1.07 4.25 167.12 0.95 4.27 168.00<br>
</u></div>
<div><u>Huron FOB 1.40 4.58 180.11 0.95 4.27 168.00<br>
</u></div>
<div><u>Kent FOB 1.30 4.48 176.17 1.00 4.32 169.97<br>
</u></div>
<div><u>Lamb FOB N/A 1.00 4.32 169.97<br>
</u></div>
<div><u>Mdsx FOB 1.30N/A N/A N/A 4.48 176.17 0.95 4.27 168.00<br>
</u></div>
<div><u>FOB SW Que 2.17 5.35 210.42N/A<br>
</u></div>
<div><u>Track 1.57 4.74 186.61N/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 4.47 175.88<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 4.52 177.85<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 4.82 189.66<br>
</u></div>
<div><u>W O Feed 1.71 4.89 192.41<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.86 5.04 198.22<br>
</u></div>
<div><u>Toledo El. -0.17 3.01 118.34 -0.42 2.90 113.98<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.80 4.98 195.86 1.35 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 0.95 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 1.408 down 0.0024<br>
</u></div>
<div><u>Chicago soybeans closed slightly lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 8.44 1/2 NOV20 HI 8.50 1/4<br>
</u></div>
<div><u> LOW 8.35 LOW 8.41 3/4<br>
</u></div>
<div><u> CLOSE8.37 Down 2 1/2 CLOSE 8.43 3/4 Down 1 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 2.90 11.27 414.102.70 11.14 409.23<br>
</u></div>
<div><u>CK High 3.00 11.37 417.782.81 11.25 413.27<br>
</u></div>
<div><u>CK Average 2.97 -0.3211.34 416.552.79 -0.4611.22 412.36<br>
</u></div>
<div><u>Essex Cty 3.00 11.37 417.782.75 11.19 411.07<br>
</u></div>
<div><u>Mdsx Low 2.95 11.32 415.942.79 11.23 412.54<br>
</u></div>
<div><u>Mdsx High 2.98 11.35 417.042.80 11.24 412.91<br>
</u></div>
<div><u>Mdsx Average 2.97 -0.3211.34 416.492.80 -0.4611.23 412.72<br>
</u></div>
<div><u>Hensall 2.95 11.32 415.942.80 11.24 412.91<br>
</u></div>
<div><u>Bruce 2.95 11.32 415.942.80 11.24 412.91<br>
</u></div>
<div><u>Putnam 2.95 11.32 415.942.80 11.24 412.91<br>
</u></div>
<div><u>Burford 3.05 11.42 419.612.86 11.30 415.11<br>
</u></div>
<div><u>Port Perry 3.00 11.37 417.782.81 11.25 413.27<br>
</u></div>
<div><u>Norfolk 3.00 11.37 417.782.80 11.24 412.91<br>
</u></div>
<div><u>Palmerston 2.86 11.23 412.632.83 11.27 414.01<br>
</u></div>
<div><u>Varna 2.95 11.32 415.942.80 11.24 412.91<br>
</u></div>
<div><u>Trenton 2.95 11.32 415.942.80 11.24 412.91<br>
</u></div>
<div><u>Winchester 2.90 11.27 414.102.70 11.14 409.23<br>
</u></div>
<div><u>North Gower 2.85 11.22 412.262.71 11.15 409.60<br>
</u></div>
<div><u>Vankleek Hill N/A 2.74 11.18 410.70<br>
</u></div>
<div><u>Huron FOB 3.10 11.47 421.452.90 11.34 416.58<br>
</u></div>
<div><u>Kent FOB 3.20 11.57 425.122.80 11.24 412.91<br>
</u></div>
<div><u>Lambton FOB 3.15 11.52 423.292.80 11.24 412.91<br>
</u></div>
<div><u>Middlesex FOB3.17 3.17 N/A N/A 11.54 424.022.91 11.35 416.95<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 3.41 11.78 432.843.02 11.46 420.99<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 3.55 11.92 437.993.25 11.69 429.44<br>
</u></div>
<div><u>Prescott N/A 3.16 11.60 426.14<br>
</u></div>
<div><u>Port Colborne3.58 11.95 439.093.25 11.69 429.44<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.14 8.23 302.37-0.42 8.02 294.51<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.408 down 0.0024<br>
</u></div>
<div><u>Chicago wheat closed narrowly mixed.<br>
</u></div>
<div><u>JUL20 HI 5.06 SEP20 HI 5.08 3/4<br>
</u></div>
<div><u> LOW 4.96 3/4 LOW 5.00 1/2<br>
</u></div>
<div><u> CLOSE 5.02 1/4 Up 1/2 CLOSE 5.05 1/4 Unchanged<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.<br>
</u></div>
<div><u>JUL20 HI 5.13 3/4 SEP20 HI 5.24 3/4<br>
</u></div>
<div><u> LOW 5.06 3/4 LOW 5.18 1/4<br>
</u></div>
<div><u> CLOSE 5.08 Down 1/4 CLOSE 5.19 1/2 Down 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 2.19 2.40 2.19 1.44<br>
</u></div>
<div><u>CAD $/bu 7.21 7.42 7.21 6.52<br>
</u></div>
<div><u>CAD $/tonne 265.00 272.76 265.00 239.53<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 2.05 2.33 1.84 N/A 1.59 1.81 1.31 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 2.26 1.70 1.86 N/A 1.85 1.36 1.35<br>
</u></div>
<div><u>Varna 2.05 2.25 1.85 N/A 1.47 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 1.79 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 1.85 1.50 1.10<br>
</u></div>
<div><u>W O Feed 2.35<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 2.18 N/A N/A N/A 1.65 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 2.05 N/A N/A N/A 2.02 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.02US 7.07CA 5.02US 7.07CA<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 1.71 2.06 1.71 1.27<br>
</u></div>
<div><u>CAD $/bu 6.76 7.11 6.76 6.47<br>
</u></div>
<div><u>CAD $/tonne 248.38 261.31 248.38 237.65<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 500.68<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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