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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, May 19<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 1.3866 down 0.0091<br>
</u></div>
<div><u>Chicago corn closed slightly higher.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 3.25 1/2 DEC20 HI 3.36 3/4<br>
</u></div>
<div><u> LOW 3.20 1/2 LOW 3.32 1/2<br>
</u></div>
<div><u> CLOSE3.21 1/4 Up 1/2 CLOSE 3.34 1/4 Up 1 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 4.46 175.68 0.90 4.24 167.02<br>
</u></div>
<div><u>CK High 1.25 4.46 175.68 0.95 4.29 168.99<br>
</u></div>
<div><u>CK Avg 1.25 0.01 4.46 175.68 0.91 -0.28 4.25 167.35<br>
</u></div>
<div><u>Essex Cty 1.25 4.46 175.68 0.90 4.24 167.02<br>
</u></div>
<div><u>Mdsx Low 1.25 4.46 175.68 0.90 4.24 167.02<br>
</u></div>
<div><u>Mdsx High 1.25 4.46 175.68 0.95 4.29 168.99<br>
</u></div>
<div><u>Mdsx Avg 1.25 0.01 4.46 175.68 0.93 -0.26 4.27 168.00<br>
</u></div>
<div><u>Hensall 1.27 4.48 176.34 0.97 4.31 169.64<br>
</u></div>
<div><u>Bruce 1.25 4.46 175.68 0.95 4.29 168.99<br>
</u></div>
<div><u>Putnam 1.25 4.46 175.68 0.90 4.24 167.02<br>
</u></div>
<div><u>Burford 1.25 4.46 175.68 0.90 4.24 167.02<br>
</u></div>
<div><u>Port Perry 1.35 4.56 179.62 1.05 4.39 172.93<br>
</u></div>
<div><u>Norfolk 1.25 4.46 175.68 0.90 4.24 167.02<br>
</u></div>
<div><u>Palmerston 1.21 4.42 174.11 0.88 4.22 166.23<br>
</u></div>
<div><u>Varna 1.25 4.46 175.68 0.95 4.29 168.99<br>
</u></div>
<div><u>Trenton 1.35 4.56 179.62 1.15 4.49 176.86<br>
</u></div>
<div><u>Winchester 1.40 4.61 181.59 1.45 4.79 188.67<br>
</u></div>
<div><u>North Gower 1.35 4.56 179.62 1.40 4.74 186.70<br>
</u></div>
<div><u>Vankleek Hil 1.07 4.28 168.59 0.95 4.29 168.99<br>
</u></div>
<div><u>Huron FOB 1.44 4.65 183.16 1.00 4.34 170.96<br>
</u></div>
<div><u>Kent FOB 1.30 4.51 177.65 1.00 4.34 170.96<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 4.51 177.65 0.95 4.29 168.99<br>
</u></div>
<div><u>FOB SW Que 2.13 5.34 210.32N/A<br>
</u></div>
<div><u>Track 1.54 4.75 186.90N/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 1.50 1.60 1.20 4.54 178.83<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 1.69 4.91 193.16<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.81 5.02 197.73<br>
</u></div>
<div><u>Toledo El. -0.17 3.05 119.92 -0.42 2.93 115.21<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.80 5.01 197.33 1.35 4.69 184.74<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 4.29 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 1.3866 down 0.0091<br>
</u></div>
<div><u>Chicago soybeans closed narrowly mixed.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 8.48 1/2 NOV20 HI 8.56<br>
</u></div>
<div><u> LOW 8.39 1/4 LOW 8.48 1/2<br>
</u></div>
<div><u> CLOSE8.42 1/2 Down 2 1/2 CLOSE 8.50 1/4 Down 2 1/2<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 2.80 11.23 412.452.65 11.15 409.78<br>
</u></div>
<div><u>CK High 2.95 11.38 417.962.75 11.25 413.46<br>
</u></div>
<div><u>CK Average 2.89 -0.2711.31 415.632.72 -0.4111.22 412.17<br>
</u></div>
<div><u>Essex Cty 2.80 11.23 412.452.60 11.10 407.95<br>
</u></div>
<div><u>Mdsx Low 2.85 11.28 414.292.67 11.17 410.52<br>
</u></div>
<div><u>Mdsx High 2.90 11.33 416.122.75 11.25 413.46<br>
</u></div>
<div><u>Mdsx Average 2.88 -0.2811.30 415.202.71 -0.4211.21 411.99<br>
</u></div>
<div><u>Hensall 2.90 11.33 416.122.75 11.25 413.46<br>
</u></div>
<div><u>Bruce 2.90 11.33 416.122.75 11.25 413.46<br>
</u></div>
<div><u>Putnam 2.90 11.33 416.122.75 11.25 413.46<br>
</u></div>
<div><u>Burford 2.92 11.35 416.862.74 11.24 413.09<br>
</u></div>
<div><u>Port Perry 2.87 11.30 415.022.69 11.19 411.25<br>
</u></div>
<div><u>Norfolk 2.80 11.23 412.452.65 11.15 409.78<br>
</u></div>
<div><u>Palmerston 2.78 11.21 411.712.68 11.18 410.89<br>
</u></div>
<div><u>Varna 3.00 11.43 419.802.80 11.30 415.30<br>
</u></div>
<div><u>Trenton 2.95 11.38 417.962.75 11.25 413.46<br>
</u></div>
<div><u>Winchester 2.90 11.33 416.122.70 11.20 411.62<br>
</u></div>
<div><u>North Gower 2.85 11.28 414.292.71 11.21 411.99<br>
</u></div>
<div><u>Vankleek Hill N/A 2.74 11.24 413.09<br>
</u></div>
<div><u>Huron FOB 3.05 11.48 421.632.85 11.35 417.13<br>
</u></div>
<div><u>Kent FOB 3.10 11.53 423.472.75 11.25 413.46<br>
</u></div>
<div><u>Lambton FOB 3.20 11.63 427.152.80 11.30 415.30<br>
</u></div>
<div><u>Middlesex FOB3.04 3.04 N/A N/A 11.47 421.272.79 11.29 414.93<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 3.26 11.69 429.352.87 11.37 417.87<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 3.45 11.88 436.333.20 11.70 429.99<br>
</u></div>
<div><u>Prescott N/A 3.16 11.66 428.52<br>
</u></div>
<div><u>Port Colborne3.45 11.88 436.333.13 11.63 427.42<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.14 8.29 304.47-0.42 8.09 297.13<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3866 down 0.0091<br>
</u></div>
<div><u>Chicago wheat closed slightly higher.<br>
</u></div>
<div><u>JUL20 HI 5.01 1/2 SEP20 HI 5.04<br>
</u></div>
<div><u> LOW 4.96 1/4 LOW 4.99 1/2<br>
</u></div>
<div><u> CLOSE 4.98 3/4 Up 1 3/4 CLOSE 5.01 1/2 Up 1 1/2<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.<br>
</u></div>
<div><u>JUL20 HI 5.11 1/4 SEP20 HI 5.22 1/2<br>
</u></div>
<div><u> LOW 5.05 1/2 LOW 5.17 1/4<br>
</u></div>
<div><u> CLOSE 5.08 1/4 Up 3 1/2 CLOSE 5.19 3/4 Up 3 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 2.07 2.27 2.07 1.34<br>
</u></div>
<div><u>CAD $/bu 7.05 7.26 7.05 6.42<br>
</u></div>
<div><u>CAD $/tonne 259.20 266.84 259.20 236.02<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 1.96 2.23 1.75 N/A 1.51 1.72 1.23 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 1.65 2.15 1.75 1.80 1.37 1.72 1.32 1.30<br>
</u></div>
<div><u>Essex N/A N/A 1.75 N/A N/A N/A 1.27 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 1.32 N/A<br>
</u></div>
<div><u>Brigden N/A N/A N/A N/A N/A N/A 1.32 N/A<br>
</u></div>
<div><u>Palmerston N/A 2.15 1.60 1.77 N/A 1.74 1.26 1.26<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 1.67 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 1.40 1.10<br>
</u></div>
<div><u>W O Feed 2.23<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 2.09 N/A N/A N/A 1.57 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 1.93 N/A N/A N/A 1.90 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 4.99US 6.92CA 4.99US 6.91CA<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 1.59 1.94 1.59 1.18<br>
</u></div>
<div><u>CAD $/bu 6.61 6.95 6.61 6.38<br>
</u></div>
<div><u>CAD $/tonne 242.78 255.52 242.78 234.25<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 492.30<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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