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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, May 29<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 1.3799 up 0.0034<br>
</u></div>
<div><u>Chicago corn closed slightly lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 3.29 1/2 DEC20 HI 3.42 1/2<br>
</u></div>
<div><u> LOW 3.23 1/4 LOW 3.36 3/4<br>
</u></div>
<div><u> CLOSE3.25 3/4 Down 1 3/4 CLOSE 3.38 3/4 Down 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 4.51 177.45 0.90 4.29 168.79<br>
</u></div>
<div><u>CK High 1.25 4.51 177.45 0.95 4.34 170.76<br>
</u></div>
<div><u>CK Avg 1.25 0.01 4.51 177.45 0.91 -0.27 4.30 169.12<br>
</u></div>
<div><u>Essex Cty 1.25 4.51 177.45 0.90 4.29 168.79<br>
</u></div>
<div><u>Mdsx Low 1.25 4.51 177.45 0.90 4.29 168.79<br>
</u></div>
<div><u>Mdsx High 1.25 4.51 177.45 0.95 4.34 170.76<br>
</u></div>
<div><u>Mdsx Avg 1.25 0.01 4.51 177.45 0.93 -0.26 4.31 169.78<br>
</u></div>
<div><u>Hensall 1.30 4.56 179.42 0.97 4.35 171.42<br>
</u></div>
<div><u>Bruce 1.30 4.56 179.42 0.95 4.34 170.76<br>
</u></div>
<div><u>Putnam 1.25 4.51 177.45 0.90 4.29 168.79<br>
</u></div>
<div><u>Burford 1.25 4.51 177.45 0.90 4.29 168.79<br>
</u></div>
<div><u>Port Perry 1.35 4.61 181.39 1.05 4.44 174.70<br>
</u></div>
<div><u>Norfolk 1.25 4.51 177.45 0.90 4.29 168.79<br>
</u></div>
<div><u>Palmerston 1.28 4.54 178.63 0.98 4.37 171.94<br>
</u></div>
<div><u>Varna 1.30 4.56 179.42 0.95 4.34 170.76<br>
</u></div>
<div><u>Trenton 1.35 4.61 181.39 1.10 4.49 176.67<br>
</u></div>
<div><u>Winchester 1.40 4.66 183.36 1.45 4.84 190.44<br>
</u></div>
<div><u>North Gower 1.40 4.66 183.36 1.40 4.79 188.48<br>
</u></div>
<div><u>Vankleek Hil 1.01 4.27 168.00 1.06 4.45 175.09<br>
</u></div>
<div><u>Huron FOB 1.43 4.69 184.54 0.95 4.34 170.76<br>
</u></div>
<div><u>Kent FOB 1.30 4.56 179.42 1.00 4.39 172.73<br>
</u></div>
<div><u>Lamb FOB N/A 0.95 4.34 170.76<br>
</u></div>
<div><u>Mdsx FOB 1.30N/A N/A N/A 4.56 179.42 0.95 4.34 170.76<br>
</u></div>
<div><u>FOB SW Que 2.07 5.33 209.73N/A<br>
</u></div>
<div><u>Track 1.52 4.77 187.89N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A 1.45 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 1.45 1.50 1.58 1.20 4.59 180.60<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 1.25 4.64 182.57<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 1.55 4.94 194.38<br>
</u></div>
<div><u>W O Feed 1.70 4.96 195.17<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.85 5.11 201.07<br>
</u></div>
<div><u>Toledo El. -0.07 3.19 125.53 -0.41 2.97 117.07<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.80 5.06 199.10 1.35 4.74 186.51<br>
</u></div>
<div><u>Prescott 1.90 5.16 203.04N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 0.95 4.33 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 1.3799 up 0.0034<br>
</u></div>
<div><u>Chicago soybeans closed mixed.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JUL20 HI 8.46 NOV20 HI 8.55 1/4<br>
</u></div>
<div><u> LOW 8.37 LOW 8.48<br>
</u></div>
<div><u> CLOSE8.40 3/4 Down 6 1/4 CLOSE 8.51 3/4 Down 4 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 2.73 11.14 409.232.55 11.07 406.66<br>
</u></div>
<div><u>CK High 2.75 11.16 409.972.60 11.12 408.50<br>
</u></div>
<div><u>CK Average 2.75 -0.3211.15 409.852.59 -0.4711.10 407.95<br>
</u></div>
<div><u>Essex Cty 2.75 11.16 409.972.55 11.07 406.66<br>
</u></div>
<div><u>Mdsx Low 2.71 11.12 408.502.54 11.06 406.29<br>
</u></div>
<div><u>Mdsx High 2.75 11.16 409.972.60 11.12 408.50<br>
</u></div>
<div><u>Mdsx Average 2.73 -0.3411.14 409.232.57 -0.4811.09 407.40<br>
</u></div>
<div><u>Hensall 2.75 11.16 409.972.60 11.12 408.50<br>
</u></div>
<div><u>Bruce 2.75 11.16 409.972.60 11.12 408.50<br>
</u></div>
<div><u>Putnam 2.75 11.16 409.972.60 11.12 408.50<br>
</u></div>
<div><u>Burford 2.78 11.19 411.072.61 11.13 408.87<br>
</u></div>
<div><u>Port Perry 2.73 11.14 409.232.56 11.08 407.03<br>
</u></div>
<div><u>Norfolk 2.75 11.16 409.972.60 11.12 408.50<br>
</u></div>
<div><u>Palmerston 2.78 11.19 411.072.66 11.18 410.70<br>
</u></div>
<div><u>Varna 2.75 11.16 409.972.60 11.12 408.50<br>
</u></div>
<div><u>Trenton 2.75 11.16 409.972.60 11.12 408.50<br>
</u></div>
<div><u>Winchester 2.75 11.16 409.972.60 11.12 408.50<br>
</u></div>
<div><u>North Gower 2.75 11.16 409.972.75 11.27 414.01<br>
</u></div>
<div><u>Vankleek Hill N/A 2.85 11.37 417.68<br>
</u></div>
<div><u>Huron FOB 2.90 11.31 415.482.70 11.22 412.17<br>
</u></div>
<div><u>Kent FOB 2.90 11.31 415.482.60 11.12 408.50<br>
</u></div>
<div><u>Lambton FOB 3.00 11.41 419.152.60 11.12 408.50<br>
</u></div>
<div><u>Middlesex FOB2.90 2.90 N/A N/A 11.31 415.482.66 11.18 410.70<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 3.25 11.66 428.342.88 11.40 418.79<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 3.30 11.71 430.183.05 11.57 425.03<br>
</u></div>
<div><u>Prescott N/A 3.14 11.66 428.34<br>
</u></div>
<div><u>Port Colborne3.31 11.72 430.543.00 11.52 423.20<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.11 8.30 304.87-0.41 8.10 297.76<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3799 up 0.0034<br>
</u></div>
<div><u>Chicago wheat closed slightly to moderately higher.<br>
</u></div>
<div><u>JUL20 HI 5.22 1/4 SEP20 HI 5.25<br>
</u></div>
<div><u> LOW 5.11 3/4 LOW 5.15<br>
</u></div>
<div><u> CLOSE 5.20 3/4 Up 6 1/4 CLOSE 5.23 1/2 Up 5 3/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.<br>
</u></div>
<div><u>JUL20 HI 5.26 SEP20 HI 5.36 3/4<br>
</u></div>
<div><u> LOW 5.15 LOW 5.26 1/2<br>
</u></div>
<div><u> CLOSE 5.25 Up 5 3/4 CLOSE 5.36 Up 5 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 2.12 2.32 2.12 1.37<br>
</u></div>
<div><u>CAD $/bu 7.32 7.53 7.32 6.62<br>
</u></div>
<div><u>CAD $/tonne 269.10 276.71 269.10 243.37<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 1.27 N/A<br>
</u></div>
<div><u>London 1.94 2.14 1.66 N/A 1.50 1.70 1.29 N/A<br>
</u></div>
<div><u>Hensall 1.65 N/A 1.65 N/A 1.42 N/A 1.27 N/A<br>
</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.42 N/A<br>
</u></div>
<div><u>Bruce 1.55 2.05 1.65 1.70 1.32 1.67 1.27 1.25<br>
</u></div>
<div><u>Essex N/A N/A 1.70 N/A N/A N/A 1.22 N/A<br>
</u></div>
<div><u>Norwich 1.65 N/A 1.65 N/A 1.42 N/A 1.27 N/A<br>
</u></div>
<div><u>Port Hope N/A N/A 1.65 N/A N/A N/A 1.42 N/A<br>
</u></div>
<div><u>Kent Bridge 1.65 N/A 1.65 N/A 1.42 N/A 1.27 N/A<br>
</u></div>
<div><u>Chatham N/A N/A N/A N/A N/A N/A 1.27 N/A<br>
</u></div>
<div><u>Brigden N/A N/A N/A N/A N/A N/A 1.27 N/A<br>
</u></div>
<div><u>Palmerston N/A 2.12 1.70 1.78 N/A 1.78 1.36 1.27<br>
</u></div>
<div><u>Varna 1.85 2.05 1.65 N/A 1.37 1.67 1.27 N/A<br>
</u></div>
<div><u>Mitchell 1.65 1.80 1.65 N/A 1.42 1.62 1.27 N/A<br>
</u></div>
<div><u>Thornton N/A N/A N/A 1.70 N/A N/A N/A N/A<br>
</u></div>
<div><u>North Gower N/A 2.00 1.80 1.05 N/A 1.80 1.30 1.05<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 2.00 N/A N/A N/A 1.63 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 1.98 N/A N/A N/A 1.94 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.21US 7.19CA 5.21US 7.18CA<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 1.64 1.99 1.64 1.34<br>
</u></div>
<div><u>CAD $/bu 6.88 7.22 6.88 6.70<br>
</u></div>
<div><u>CAD $/tonne 252.63 265.30 252.63 246.29<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 486.35<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 260.00<br>
</u></div>
<u><span></span><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<span style="background-color: rgb(253, 253, 253); color: rgb(51, 51, 51); font-family: "Courier New"; font-size: 10pt;"> </span><br>
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<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: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
</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>
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<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>
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