FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, May 12 (All Bases in CAD) Exchange rate was 1.2105 up 0.0012 Chicago corn closed moderately lower to lower. JUL21 HI 7.31 1/4 DEC21 HI 6.18 LOW 7.03 1/2 LOW 5.85 CLOSE7.14 3/4 Down 7 1/2 CLOSE 5.93 Down 18 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +JUL21+SEP21+SEP21 CK Low 1.75 8.90 350.28 0.95 6.88 270.85 CK High 1.75 8.90 350.28 1.00 6.93 272.82 CK Avg 1.75 0.20 8.90 350.28 0.96 -0.24 6.89 271.18 Essex Cty 1.75 8.90 350.28 0.95 6.88 270.85 Mdsx Low 1.75 8.90 350.28 0.95 6.88 270.85 Mdsx High 1.75 8.90 350.28 1.00 6.93 272.82 Mdsx Avg 1.75 0.20 8.90 350.28 0.98 -0.23 6.91 271.84 Hensall 1.77 8.91 350.94 0.98 6.91 272.17 Bruce 1.75 8.90 350.28 0.95 6.88 270.85 Putnam 1.75 8.90 350.28 0.95 6.88 270.85 Burford 1.75 8.90 350.28 0.95 6.88 270.85 Port Perry 1.75 8.90 350.28 1.00 6.93 272.82 Norfolk 1.75 8.90 350.28 0.95 6.88 270.85 Palmerston 1.69 8.84 347.92 0.89 6.82 268.49 Varna 1.75 8.90 350.28 0.95 6.88 270.85 Trenton 1.75 8.90 350.28 1.00 6.93 272.82 Winchester 1.80 8.95 352.25 1.40 7.33 288.57 North Gower 1.68 8.83 347.52 1.30 7.23 284.63 Vankleek Hil 1.64 8.79 345.95 0.97 6.90 271.64 Huron FOB 1.85 1.89 1.97N/A 9.00 354.22 0.95 6.88 270.85 Kent FOB 1.85 9.00 354.22 1.07 7.00 275.58 Lamb FOB 1.75 8.90 350.28 1.05 6.98 274.79 Mdsx FOB 1.85 1.85N/A N/A 9.00 354.22 1.05 6.98 274.79 FOB SW Que 2.60 9.75 383.74N/A Track 2.06 9.20 362.29N/A PROCESSORS Chat-Eth N/A N/A N/A N/A 1.28 7.21 283.85 Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth N/A N/A N/A 2.28 1.17 7.10 279.51 Sarn-Eth N/A N/A N/A N/A N/A London-Ing N/A N/A N/A N/A 1.35 7.28 286.60 Pt.Colb-Ing N/A N/A N/A N/A N/A Cardnl-Ing N/A N/A N/A 2.55 1.70 7.63 300.38 W O Feed 2.21 9.36 368.47 US Rep 2.10 9.25 364.06 Toledo El. 0.30 7.45 293.30 -0.24 5.69 223.92 TRANSFER Pt. Colb 1.95 9.10 358.15 1.40 7.33 288.57 Prescott 1.70 8.85 348.31 1.28 7.21 283.85 HI SD CRN 1.00 6.93 *Wet Bid Exchange rate was 1.2105 up 0.0012 Chicago soybeans closed mixed. JUL21 HI 16.67 1/2 NOV21 HI 14.61 LOW 16.15 1/4 LOW 14.26 CLOSE16.42 1/2 Up 27 3/4 CLOSE 14.43 3/4 Up 12 1/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL21+JUL21+AUG21 CK Low 3.85 20.28 744.98 2.59 17.03 625.65 CK High 3.91 20.34 747.18 2.66 17.10 628.23 CK Average 3.87 0.34 20.29 745.65 2.63 -0.34 17.06 626.94 Essex Cty 3.85 20.28 744.98 2.60 17.04 626.02 Mdsx Low 3.85 20.28 744.98 2.57 17.01 624.92 Mdsx High 3.89 20.32 746.45 2.60 17.04 626.02 Mdsx Average3.87 0.34 20.30 745.71 2.59 -0.38 17.02 625.47 Hensall 3.85 20.28 744.98 2.63 17.07 627.25 Bruce 3.90 20.33 746.82 2.65 17.09 627.86 Putnam 3.85 20.28 744.98 2.60 17.04 626.02 Burford 3.96 20.39 749.02 2.64 17.08 627.49 Port Perry 3.91 20.34 747.18 2.59 17.03 625.65 Norfolk 3.85 20.28 744.98 2.65 17.09 627.86 Palmerston 3.95 20.38 748.65 2.73 17.17 630.80 Varna 3.85 20.28 744.98 2.65 17.09 627.86 Trenton 3.85 20.28 744.98 2.65 17.09 627.86 Winchester 3.90 20.33 746.82 2.70 17.14 629.70 North Gower 3.30 19.73 724.77 2.65 17.09 627.86 Vankleek Hil3.31 19.74 725.14 2.65 17.09 627.86 Huron FOB 3.98 4.10 4.10 N/A 20.41 749.76 2.70 17.14 629.70 Kent FOB 3.95 20.38 748.65 2.65 17.09 627.86 Lambton FOB 3.90 20.33 746.82 2.65 17.09 627.86 Mdsx FOB 4.02 4.14 N/A N/A 20.45 751.23 2.64 17.08 627.49 PROCESSORS Windsor 4.14 20.57 755.63 2.92 17.36 637.78 TRANSFER Hamilton 4.30 20.73 761.51 3.10 17.54 644.39 Prescott N/A 2.89 17.33 636.68 Port Colborn3.88 20.31 746.08 3.10 17.54 644.39 Toledo El. 0.30 16.73 614.64 -0.42 14.01 514.92 Exchange rate was 1.2105 up 0.0012 Chicago wheat closed slightly to moderately lower. JUL21 HI 7.51 1/2 JUL21 HI 7.51 1/2 LOW 7.24 1/4 LOW 7.24 1/4 CLOSE 7.29 3/4 Down 12 CLOSE 7.29 3/4 Down 12 Minni wheat closed slightly lower. JUL21 HI 7.82 1/4 SEP21 HI 7.86 1/4 LOW 7.58 1/4 LOW 7.62 3/4 CLOSE 7.65 1/2 Down 5 CLOSE 7.70 Down 4 1/2 Direct MarkHarvest 2020 Harvest 2021 DELIVERED BASIS DELIVERED BASIS Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M) ELEVATORS Brgssvll N/A N/A N/A N/A N/A N/A 1.00 N/A London 1.39 1.39 1.39 N/A 1.15 1.09 0.91 N/A Hensall N/A N/A N/A N/A 1.30 N/A 1.00 N/A Trenton N/A N/A N/A N/A N/A N/A 1.00 N/A Bruce 1.65 1.70 1.65 1.40 1.25 1.25 1.00 1.40 Essex N/A N/A 1.65 N/A N/A N/A 0.95 N/A Norwich N/A N/A N/A N/A 1.30 N/A 1.00 N/A Port Hope N/A N/A N/A N/A N/A N/A 1.05 N/A Kent Bridge N/A N/A N/A N/A 1.30 N/A 1.00 N/A Chatham N/A N/A 1.65 N/A N/A N/A 0.95 N/A Brigden N/A N/A 1.65 N/A N/A N/A 0.95 N/A Palmerston N/A N/A 1.90 1.79 N/A 1.22 0.98 1.37 Varna 1.80 1.80 1.80 N/A 1.20 1.20 1.00 N/A Mitchell N/A N/A N/A N/A 1.30 1.25 1.00 N/A Thornton 1.39 1.39 1.39 1.33 1.15 1.09 0.91 N/A North Gower N/A 1.25 1.40 0.90 N/A 0.82 0.92 0.80 W O Feed 2.64 TERMINAL Port Colbor N/A N/A 1.83 N/A N/A N/A 1.29 N/A PROCESSORS Toledo FM N/A N/A 1.72 N/A N/A N/A 1.72 N/A Toledo El. 7.40US 8.95CA 7.40US 8.95CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 627.01 DDG's FOB Srn & Aylm 320.00 - 345.00