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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, May 11</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2093 down 0.0005</u></div>
<div><u>Chicago corn closed slightly to moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL21 HI 7.32 1/2 DEC21 HI 6.18</u></div>
<div><u> LOW 7.03 1/4 LOW 5.99</u></div>
<div><u> CLOSE7.22 1/4 Up 10 1/2 CLOSE 6.11 1/4 Up 2</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 1.75 8.97 353.23 0.95 7.06 278.04</u></div>
<div><u>CK High 1.75 8.97 353.23 1.00 7.11 280.01</u></div>
<div><u>CK Avg 1.75 0.20 8.97 353.23 0.96 -0.27 7.07 278.37</u></div>
<div><u>Essex Cty 1.75 8.97 353.23 0.95 7.06 278.04</u></div>
<div><u>Mdsx Low 1.75 8.97 353.23 0.95 7.06 278.04</u></div>
<div><u>Mdsx High 1.75 8.97 353.23 1.00 7.11 280.01</u></div>
<div><u>Mdsx Avg 1.75 0.20 8.97 353.23 0.98 -0.25 7.09 279.02</u></div>
<div><u>Hensall 1.77 8.99 353.89 0.98 7.10 279.35</u></div>
<div><u>Bruce 1.75 8.97 353.23 0.95 7.06 278.04</u></div>
<div><u>Putnam 1.75 8.97 353.23 0.95 7.06 278.04</u></div>
<div><u>Burford 1.75 8.97 353.23 0.95 7.06 278.04</u></div>
<div><u>Port Perry 1.75 8.97 353.23 1.00 7.11 280.01</u></div>
<div><u>Norfolk 1.75 8.97 353.23 0.95 7.06 278.04</u></div>
<div><u>Palmerston 1.69 8.91 350.87 0.91 7.02 276.46</u></div>
<div><u>Varna 1.75 8.97 353.23 0.95 7.06 278.04</u></div>
<div><u>Trenton 1.75 8.97 353.23 1.00 7.11 280.01</u></div>
<div><u>Winchester 1.80 9.02 355.20 1.40 7.51 295.75</u></div>
<div><u>North Gower 1.68 8.90 350.48 1.30 7.41 291.82</u></div>
<div><u>Vankleek Hil 1.62 8.84 348.11 0.97 7.08 278.83</u></div>
<div><u>Huron FOB 1.87 1.91 1.99 2.05 9.09 357.96 0.95 7.06 278.04</u></div>
<div><u>Kent FOB 1.90 9.12 359.14 1.07 7.18 282.76</u></div>
<div><u>Lamb FOB 1.85 9.07 357.17 1.05 7.16 281.98</u></div>
<div><u>Mdsx FOB 1.85 1.85N/A N/A 9.07 357.17 1.05 7.16 281.98</u></div>
<div><u>FOB SW Que 2.60 9.82 386.69N/A</u></div>
<div><u>Track 2.09 9.31 366.42N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.28 7.39 291.03</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 7.28 286.70</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 7.46 293.79</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 2.55 1.60 7.71 303.63</u></div>
<div><u>W O Feed 2.24 9.47 372.68</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.11 9.33 367.40</u></div>
<div><u>Toledo El. 0.30 7.52 296.24 -0.24 5.87 231.12</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 1.95 9.17 361.11 1.40 7.51 295.75</u></div>
<div><u>Prescott 1.68 8.90 350.48 1.27 7.38 290.64</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.00 7.11 1/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2093 down 0.0005</u></div>
<div><u>Chicago soybeans closed slightly to moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL21 HI 16.25 1/2 NOV21 HI 14.36 1/2</u></div>
<div><u> LOW 15.73 1/4 LOW 13.97 1/4</u></div>
<div><u> CLOSE16.14 3/4 Up 27 1/4 CLOSE 14.31 1/2 Up 17 1/4</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 3.80 19.95 732.95 2.59 16.91 621.15</u></div>
<div><u>CK High 4.00 20.15 740.29 2.70 17.02 625.19</u></div>
<div><u>CK Average 3.86 0.40 20.01 735.27 2.65 -0.29 16.96 623.30</u></div>
<div><u>Essex Cty 3.80 19.95 732.95 2.60 16.92 621.52</u></div>
<div><u>Mdsx Low 3.81 19.96 733.31 2.57 16.89 620.42</u></div>
<div><u>Mdsx High 3.85 20.00 734.78 2.65 16.97 623.36</u></div>
<div><u>Mdsx Average3.83 0.37 19.98 734.05 2.61 -0.32 16.93 621.89</u></div>
<div><u>Hensall 3.87 20.01 735.39 2.65 16.97 623.36</u></div>
<div><u>Bruce 3.90 20.05 736.62 2.65 16.97 623.36</u></div>
<div><u>Putnam 3.85 20.00 734.78 2.65 16.97 623.36</u></div>
<div><u>Burford 3.88 20.03 735.88 2.64 16.96 622.99</u></div>
<div><u>Port Perry 3.83 19.98 734.05 2.59 16.91 621.15</u></div>
<div><u>Norfolk 3.80 19.95 732.95 2.65 16.97 623.36</u></div>
<div><u>Palmerston 3.86 20.01 735.15 2.67 16.99 624.09</u></div>
<div><u>Varna 3.90 20.05 736.62 2.65 16.97 623.36</u></div>
<div><u>Trenton 3.90 20.05 736.62 2.65 16.97 623.36</u></div>
<div><u>Winchester 3.75 19.90 731.11 2.70 17.02 625.19</u></div>
<div><u>North Gower 3.30 19.45 714.57 2.65 16.97 623.36</u></div>
<div><u>Vankleek Hil3.22 19.37 711.63 2.60 16.92 621.52</u></div>
<div><u>Huron FOB 3.95 4.01 4.01 3.64 20.10 738.46 2.70 17.02 625.19</u></div>
<div><u>Kent FOB 3.90 20.05 736.62 2.65 16.97 623.36</u></div>
<div><u>Lambton FOB 3.80 19.95 732.95 2.60 16.92 621.52</u></div>
<div><u>Mdsx FOB 4.00 4.06 N/A N/A 20.15 740.29 2.75 17.07 627.03</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 4.07 20.22 742.87 2.87 17.19 631.44</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 4.30 20.45 751.32 3.10 17.42 639.89</u></div>
<div><u>Prescott N/A 2.84 17.16 630.34</u></div>
<div><u>Port Colborn3.86 20.01 735.15 3.11 17.43 640.26</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.30 16.45 604.43 -0.42 13.89 510.43</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2093 down 0.0005</u></div>
<div><u>Chicago wheat closed moderately higher.</u></div>
<div><u>JUL21 HI 7.49 JUL21 HI 7.49</u></div>
<div><u> LOW 7.22 3/4 LOW 7.22 3/4</u></div>
<div><u> CLOSE 7.41 3/4 Up 11 1/4 CLOSE 7.41 3/4 Up 11 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed higher.</u></div>
<div><u>JUL21 HI 7.73 3/4 SEP21 HI 7.78 1/4</u></div>
<div><u> LOW 7.45 LOW 7.50 1/2</u></div>
<div><u> CLOSE 7.70 1/2 Up 17 1/4 CLOSE 7.74 1/2 Up 16 1/4</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 1.00 N/A</u></div>
<div><u>London 1.42 1.42 1.42 N/A 1.18 1.12 0.94 N/A</u></div>
<div><u>Hensall N/A N/A N/A N/A 1.30 N/A 1.00 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 1.70 1.65 1.40 1.25 1.25 1.00 1.40</u></div>
<div><u>Essex N/A N/A 1.65 N/A N/A N/A 1.00 N/A</u></div>
<div><u>Norwich N/A N/A N/A N/A 1.30 N/A 1.00 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 1.30 N/A 1.00 N/A</u></div>
<div><u>Chatham N/A N/A 1.65 N/A N/A N/A 1.00 N/A</u></div>
<div><u>Brigden N/A N/A 1.65 N/A N/A N/A 1.00 N/A</u></div>
<div><u>Palmerston N/A N/A 1.91 1.79 N/A 1.22 0.98 1.37</u></div>
<div><u>Varna 1.80 1.80 1.80 N/A 1.20 1.20 1.00 N/A</u></div>
<div><u>Mitchell N/A N/A N/A N/A 1.30 1.25 1.00 N/A</u></div>
<div><u>Thornton 1.42 1.42 1.42 1.44 1.18 1.12 0.94 N/A</u></div>
<div><u>North Gower N/A 1.25 1.40 0.90 N/A 0.81 0.91 0.80</u></div>
<div><u>W O Feed 2.60</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.87 N/A N/A N/A 1.32 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.73 N/A N/A N/A 1.73 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 7.52US 9.09CA 7.52US 9.09CA</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 625.02</u></div>
<span><u>DDG's FOB Srn & Aylm 320.00 - 345.00</u></span><br>
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<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: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
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