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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, May 3</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2271 down 0.0006</u></div>
<div><u>Chicago corn closed mixed.</u></div>
<div><u><br>
</u></div>
<div><u> JUL21 HI 6.98 DEC21 HI 5.78 1/4</u></div>
<div><u> LOW 6.74 LOW 5.58 3/4</u></div>
<div><u> CLOSE6.79 1/2 Up 6 1/4 CLOSE 5.63 Down 3/4</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP BASIS NEW CROP BASIS</u></div>
<div><u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt</u></div>
<div><u>ELEVATORS +JUL21+SEP21+SEP21</u></div>
<div><u>CK Low 1.70 8.50 334.43 0.95 6.58 259.04</u></div>
<div><u>CK High 1.75 8.55 336.40 1.00 6.63 261.01</u></div>
<div><u>CK Avg 1.74 0.16 8.54 336.07 0.96 -0.26 6.59 259.37</u></div>
<div><u>Essex Cty 1.75 8.55 336.40 0.95 6.58 259.04</u></div>
<div><u>Mdsx Low 1.75 8.55 336.40 0.95 6.58 259.04</u></div>
<div><u>Mdsx High 1.75 8.55 336.40 1.00 6.63 261.01</u></div>
<div><u>Mdsx Avg 1.75 0.17 8.55 336.40 0.98 -0.25 6.61 260.03</u></div>
<div><u>Hensall 1.75 8.55 336.40 0.98 6.61 260.36</u></div>
<div><u>Bruce 1.75 8.55 336.40 0.95 6.58 259.04</u></div>
<div><u>Putnam 1.75 8.55 336.40 0.95 6.58 259.04</u></div>
<div><u>Burford 1.75 8.55 336.40 0.95 6.58 259.04</u></div>
<div><u>Port Perry 1.75 8.55 336.40 1.00 6.63 261.01</u></div>
<div><u>Norfolk 1.75 8.55 336.40 0.95 6.58 259.04</u></div>
<div><u>Palmerston 1.74 8.54 336.01 0.98 6.61 260.22</u></div>
<div><u>Varna 1.70 8.50 334.43 0.95 6.58 259.04</u></div>
<div><u>Trenton 1.75 8.55 336.40 1.00 6.63 261.01</u></div>
<div><u>Winchester 1.80 8.60 338.37 1.40 7.03 276.76</u></div>
<div><u>North Gower 1.65 8.45 332.46 1.35 6.98 274.79</u></div>
<div><u>Vankleek Hil 1.68 8.48 333.65 1.04 6.67 262.59</u></div>
<div><u>Huron FOB 1.92 1.96 2.04 2.10 8.72 343.09 0.95 6.58 259.04</u></div>
<div><u>Kent FOB 1.90 8.70 342.31 1.07 6.70 263.77</u></div>
<div><u>Lamb FOB 1.85 8.65 340.34 1.05 6.68 262.98</u></div>
<div><u>Mdsx FOB 1.85N/A N/A N/A 8.65 340.34 1.05 6.68 262.98</u></div>
<div><u>FOB SW Que 2.75 9.55 375.77N/A</u></div>
<div><u>Track 2.09 8.89 349.79N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Aylmer-Eth N/A N/A N/A 2.28 1.25 6.88 270.85</u></div>
<div><u>Sarn-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>London-Ing N/A N/A N/A N/A 1.35 6.98 274.79</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A N/A</u></div>
<div><u>Cardnl-Ing N/A N/A N/A 2.65 1.60 7.23 284.63</u></div>
<div><u>W O Feed 2.29 9.09 357.66</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.16 8.96 352.54</u></div>
<div><u>Toledo El. 0.31 7.10 279.58 -0.25 5.38 211.98</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.95 8.75 344.28 1.40 7.03 276.76</u></div>
<div><u>Prescott 2.10 8.90 350.18 1.41 7.04 277.15</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.00 6.63</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2271 down 0.0006</u></div>
<div><u>Chicago soybeans closed mixed.</u></div>
<div><u><br>
</u></div>
<div><u> JUL21 HI 15.63 1/2 NOV21 HI 13.63 3/4</u></div>
<div><u> LOW 15.15 3/4 LOW 13.31 3/4</u></div>
<div><u> CLOSE15.24 Down 10 1/4 CLOSE 13.44 3/4 Up 5</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP NEW CROP</u></div>
<div><u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt</u></div>
<div><u>ELEVATORS +JUL21+JUL21+AUG21</u></div>
<div><u>CK Low 3.95 19.19 705.11 2.70 16.15 593.32</u></div>
<div><u>CK High 4.05 19.29 708.79 2.75 16.20 595.16</u></div>
<div><u>CK Average 4.02 0.46 19.26 707.68 2.74 -0.26 16.18 594.61</u></div>
<div><u>Essex Cty 3.95 19.19 705.11 2.65 16.10 591.48</u></div>
<div><u>Mdsx Low 4.00 19.24 706.95 2.69 16.14 592.95</u></div>
<div><u>Mdsx High 4.05 19.29 708.79 2.75 16.20 595.16</u></div>
<div><u>Mdsx Average4.03 0.46 19.27 707.87 2.72 -0.27 16.17 594.05</u></div>
<div><u>Hensall 4.02 19.26 707.56 2.72 16.16 593.93</u></div>
<div><u>Bruce 4.00 19.24 706.95 2.70 16.15 593.32</u></div>
<div><u>Putnam 4.05 19.29 708.79 2.75 16.20 595.16</u></div>
<div><u>Burford 4.07 19.31 709.52 2.76 16.21 595.52</u></div>
<div><u>Port Perry 4.02 19.26 707.68 2.71 16.16 593.69</u></div>
<div><u>Norfolk 3.95 19.19 705.11 2.70 16.15 593.32</u></div>
<div><u>Palmerston 4.07 19.31 709.52 2.86 16.31 599.20</u></div>
<div><u>Varna 4.00 19.24 706.95 2.70 16.15 593.32</u></div>
<div><u>Trenton 3.95 19.19 705.11 2.70 16.15 593.32</u></div>
<div><u>Winchester 3.46 18.70 687.11 2.60 16.05 589.64</u></div>
<div><u>North Gower 3.40 18.64 684.90 2.70 16.15 593.32</u></div>
<div><u>Vankleek Hil3.37 18.61 683.80 2.79 16.24 596.63</u></div>
<div><u>Huron FOB 3.98 4.10 4.16 3.77 19.22 706.21 2.75 16.20 595.16</u></div>
<div><u>Kent FOB 4.10 19.34 710.62 2.75 16.20 595.16</u></div>
<div><u>Lambton FOB 4.00 19.24 706.95 2.75 16.20 595.16</u></div>
<div><u>Mdsx FOB 4.19 4.25 N/A N/A 19.43 713.93 2.83 16.28 598.10</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 4.06 19.30 709.15 2.90 16.35 600.67</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 4.50 19.74 725.32 3.20 16.65 611.69</u></div>
<div><u>Prescott N/A 2.94 16.39 602.14</u></div>
<div><u>Port Colborn4.04 19.28 708.42 3.29 16.74 615.00</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.31 15.55 571.25 -0.43 13.02 478.33</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2271 down 0.0006</u></div>
<div><u>Chicago wheat closed moderately lower to lower.</u></div>
<div><u>JUL21 HI 7.53 1/2 JUL21 HI 7.53 1/2</u></div>
<div><u> LOW 7.13 1/4 LOW 7.13 1/4</u></div>
<div><u> CLOSE 7.18 Down 16 3/4 CLOSE 7.18 Down 16 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>JUL21 HI 7.83 3/4 SEP21 HI 7.86 3/4</u></div>
<div><u> LOW 7.51 LOW 7.54 1/2</u></div>
<div><u> CLOSE 7.58 3/4 Down 5 CLOSE 7.62 1/4 Down 6</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2020 Harvest 2021</u></div>
<div><u> DELIVERED BASIS DELIVERED BASIS</u></div>
<div><u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)</u></div>
<div><u>ELEVATORS</u></div>
<div><u>Brgssvll N/A N/A N/A N/A N/A N/A 1.05 N/A</u></div>
<div><u>London 1.57 1.57 1.57 N/A 1.32 1.26 1.07 N/A</u></div>
<div><u>Hensall N/A N/A N/A N/A 1.35 N/A 1.05 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.10 N/A</u></div>
<div><u>Bruce 1.55 1.65 1.55 1.60 1.25 1.30 1.05 1.40</u></div>
<div><u>Essex N/A N/A 1.55 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Norwich N/A N/A N/A N/A 1.35 N/A 1.05 N/A</u></div>
<div><u>Port Hope N/A N/A N/A N/A N/A N/A 1.05 N/A</u></div>
<div><u>Kent Bridge N/A N/A N/A N/A 1.35 N/A 1.05 N/A</u></div>
<div><u>Chatham N/A N/A 1.55 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Brigden N/A N/A 1.55 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Palmerston N/A N/A 1.46 1.61 N/A 1.28 1.03 1.49</u></div>
<div><u>Varna 1.55 1.65 1.55 N/A 1.25 1.25 1.05 N/A</u></div>
<div><u>Mitchell N/A N/A N/A N/A 1.35 1.30 1.05 N/A</u></div>
<div><u>Thornton 1.57 1.57 1.57 1.16 1.32 1.26 1.07 N/A</u></div>
<div><u>North Gower N/A 1.20 1.35 0.90 N/A 0.68 0.90 0.80</u></div>
<div><u>W O Feed 2.42</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 2.01 N/A N/A N/A 1.46 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.75 N/A N/A N/A 1.75 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 7.28US 8.93CA 7.28US 8.93CA</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>(C)-Basis over the Chicago Board of Trade futures</u></div>
<div><u>(M)-Basis over the Minneapolis Grain Exchange</u></div>
<div><u><br>
</u></div>
<div><u>FEED GRAINS</u></div>
<div><u>FOB Hm Soymeal 589.86</u></div>
<span><u>DDG's FOB Srn & Aylm 320.00 - 330.00</u></span><br>
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<span>
<p class="MsoNoSpacing" 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<o:p style=""> </o:p></span></p>
<p class="MsoNoSpacing" 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
<o:p> </o:p></span></p>
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<span style="font-size:10.0pt;font-family:"Courier New"">University of Guelph, Ridgetown Campus<o:p> </o:p></span></p>
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<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><o:p> </o:p></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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<span style="font-size:10.0pt;font-family:"Courier New"">Fax. 519-674-1530<br>
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