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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, May 7</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2151 down 0.0034</u></div>
<div><u>Chicago corn closed moderately higher to higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL21 HI 7.35 1/4 DEC21 HI 6.38</u></div>
<div><u> LOW 7.15 1/2 LOW 6.18 1/4</u></div>
<div><u> CLOSE7.32 1/4 Up 13 1/2 CLOSE 6.36 1/2 Up 11</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 9.02 355.20 0.95 7.32 287.98</u></div>
<div><u>CK High 1.75 9.07 357.17 1.00 7.37 289.95</u></div>
<div><u>CK Avg 1.74 0.14 9.06 356.84 0.96 -0.34 7.32 288.31</u></div>
<div><u>Essex Cty 1.75 9.07 357.17 0.95 7.32 287.98</u></div>
<div><u>Mdsx Low 1.75 9.07 357.17 0.95 7.32 287.98</u></div>
<div><u>Mdsx High 1.75 9.07 357.17 1.00 7.37 289.95</u></div>
<div><u>Mdsx Avg 1.75 0.14 9.07 357.17 0.98 -0.32 7.34 288.96</u></div>
<div><u>Hensall 1.77 9.09 357.82 0.98 7.35 289.29</u></div>
<div><u>Bruce 1.75 9.07 357.17 0.95 7.32 287.98</u></div>
<div><u>Putnam 1.75 9.07 357.17 0.95 7.32 287.98</u></div>
<div><u>Burford 1.75 9.07 357.17 0.95 7.32 287.98</u></div>
<div><u>Port Perry 1.75 9.07 357.17 1.00 7.37 289.95</u></div>
<div><u>Norfolk 1.75 9.07 357.17 0.95 7.32 287.98</u></div>
<div><u>Palmerston 1.76 9.08 357.56 0.94 7.31 287.59</u></div>
<div><u>Varna 1.75 9.07 357.17 0.95 7.32 287.98</u></div>
<div><u>Trenton 1.75 9.07 357.17 1.00 7.37 289.95</u></div>
<div><u>Winchester 1.80 9.12 359.14 1.40 7.77 305.69</u></div>
<div><u>North Gower 1.70 9.02 355.20 1.30 7.67 301.76</u></div>
<div><u>Vankleek Hil 1.66 8.98 353.63 1.03 7.40 291.13</u></div>
<div><u>Huron FOB 1.93 1.97 2.05 2.12 9.25 364.25 0.95 7.32 287.98</u></div>
<div><u>Kent FOB 1.90 9.22 363.07 1.07 7.44 292.70</u></div>
<div><u>Lamb FOB 1.85 9.17 361.11 1.05 7.42 291.92</u></div>
<div><u>Mdsx FOB 1.85 1.90N/A N/A 9.17 361.11 1.10 7.47 293.88</u></div>
<div><u>FOB SW Que 2.79 10.11 398.11N/A</u></div>
<div><u>Track 2.14 9.46 372.33N/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 1.17 7.54 296.64</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 7.72 303.73</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 2.55 1.60 7.97 313.57</u></div>
<div><u>W O Feed 2.31 9.63 379.14</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.18 9.50 374.10</u></div>
<div><u>Toledo El. 0.30 7.63 300.23 -0.24 6.12 241.01</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.95 9.27 365.04 1.40 7.77 305.69</u></div>
<div><u>Prescott 1.72 9.04 355.99 1.33 7.70 302.94</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.00 7.36 1/2</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2151 down 0.0034</u></div>
<div><u>Chicago soybeans closed slightly to moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL21 HI 15.99 1/2 NOV21 HI 14.43 1/4</u></div>
<div><u> LOW 15.62 1/4 LOW 14.06 1/2</u></div>
<div><u> CLOSE15.89 3/4 Up 20 1/4 CLOSE 14.33 1/2 Up 24 1/2</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 3.90 19.80 727.43 2.69 17.03 625.56</u></div>
<div><u>CK High 4.00 19.90 731.11 2.80 17.14 629.60</u></div>
<div><u>CK Average 3.96 0.44 19.86 729.58 2.73 -0.29 17.07 627.09</u></div>
<div><u>Essex Cty 3.90 19.80 727.43 2.70 17.04 625.93</u></div>
<div><u>Mdsx Low 3.88 19.78 726.70 2.67 17.01 624.83</u></div>
<div><u>Mdsx High 4.00 19.90 731.11 2.70 17.04 625.93</u></div>
<div><u>Mdsx Average3.94 0.43 19.84 728.90 2.69 -0.33 17.02 625.38</u></div>
<div><u>Hensall 4.00 19.90 731.11 2.73 17.07 627.15</u></div>
<div><u>Bruce 4.05 19.95 732.95 2.75 17.09 627.77</u></div>
<div><u>Putnam 4.00 19.90 731.11 2.70 17.04 625.93</u></div>
<div><u>Burford 3.95 19.85 729.27 2.74 17.08 627.40</u></div>
<div><u>Port Perry 3.90 19.80 727.43 2.69 17.03 625.56</u></div>
<div><u>Norfolk 3.90 19.80 727.43 2.75 17.09 627.77</u></div>
<div><u>Palmerston 3.92 19.82 728.17 2.78 17.12 628.87</u></div>
<div><u>Varna 4.00 19.90 731.11 2.75 17.09 627.77</u></div>
<div><u>Trenton 4.00 19.90 731.11 2.75 17.09 627.77</u></div>
<div><u>Winchester 4.00 19.90 731.11 2.75 17.09 627.77</u></div>
<div><u>North Gower 3.35 19.25 707.22 2.67 17.01 624.83</u></div>
<div><u>Vankleek Hil3.24 19.14 703.18 2.66 17.00 624.46</u></div>
<div><u>Huron FOB 4.03 4.07 4.09 3.74 19.93 732.21 2.80 17.14 629.60</u></div>
<div><u>Kent FOB 4.00 19.90 731.11 2.75 17.09 627.77</u></div>
<div><u>Lambton FOB 4.05 19.95 732.95 2.80 17.14 629.60</u></div>
<div><u>Mdsx FOB 4.10 4.16 N/A N/A 20.00 734.78 2.85 17.19 631.44</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 4.09 19.99 734.41 2.95 17.29 635.12</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 4.40 20.30 745.81 3.20 17.54 644.30</u></div>
<div><u>Prescott N/A 2.90 17.24 633.28</u></div>
<div><u>Port Colborn3.93 19.83 728.54 3.20 17.54 644.30</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.30 16.20 595.29 -0.43 13.91 511.09</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2151 down 0.0034</u></div>
<div><u>Chicago wheat closed slightly to moderately higher.</u></div>
<div><u>JUL21 HI 7.67 1/2 JUL21 HI 7.67 1/2</u></div>
<div><u> LOW 7.45 1/4 LOW 7.45 1/4</u></div>
<div><u> CLOSE 7.61 3/4 Up 8 1/2 CLOSE 7.61 3/4 Up 8 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly to moderately higher.</u></div>
<div><u>JUL21 HI 8.07 1/4 SEP21 HI 8.10 3/4</u></div>
<div><u> LOW 7.87 LOW 7.91 3/4</u></div>
<div><u> CLOSE 7.97 1/2 Up 7 CLOSE 8.02 3/4 Up 7 3/4</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 1.52 1.52 1.52 N/A 1.27 1.21 1.03 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 1.05 N/A</u></div>
<div><u>Bruce 1.65 1.65 1.65 1.65 1.25 1.30 1.05 1.40</u></div>
<div><u>Essex N/A N/A 1.70 N/A N/A N/A 1.10 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 1.70 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Brigden N/A N/A 1.70 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Palmerston N/A N/A 1.46 1.60 N/A 1.29 1.04 1.49</u></div>
<div><u>Varna 1.80 1.80 1.80 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 1.52 1.52 1.52 1.47 1.27 1.21 1.03 N/A</u></div>
<div><u>North Gower N/A 1.25 1.40 0.90 N/A 0.94 0.94 0.80</u></div>
<div><u>W O Feed 2.59</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.97 N/A N/A N/A 1.41 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.76 N/A N/A N/A 1.76 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 7.72US 9.38CA 7.72US 9.38CA</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 619.29</u></div>
<span><u>DDG's FOB Srn & Aylm 320.00 - 330.00</u></span><br>
</div>
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<span><u><br>
</u></span></div>
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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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<span style="background:#FDFDFD">This Farm Market News product is sponsored by:</span><br>
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