FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, May 17 (All Bases in CAD) Exchange rate was 1.2065 down 0.0049 Chicago corn closed mixed. JUL21 HI 6.56 3/4 DEC21 HI 5.49 1/4 LOW 6.33 LOW 5.27 CLOSE6.52 1/2 Up 8 3/4 CLOSE 5.37 1/4 Down 5 1/2 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 1.70 8.23 323.80 0.90 6.27 246.94 CK High 1.75 8.28 325.77 1.00 6.37 250.87 CK Avg 1.74 0.33 8.27 325.44 0.94 -0.14 6.31 248.58 Essex Cty 1.70 8.23 323.80 0.90 6.27 246.94 Mdsx Low 1.75 8.28 325.77 0.90 6.27 246.94 Mdsx High 1.75 8.28 325.77 1.00 6.37 250.87 Mdsx Avg 1.75 0.33 8.28 325.77 0.95 -0.13 6.32 248.91 Hensall 1.73 8.26 325.12 0.95 6.32 248.91 Bruce 1.75 8.28 325.77 0.95 6.32 248.91 Putnam 1.75 8.28 325.77 0.95 6.32 248.91 Burford 1.75 8.28 325.77 0.90 6.27 246.94 Port Perry 1.75 8.28 325.77 0.95 6.32 248.91 Norfolk 1.70 8.23 323.80 0.90 6.27 246.94 Palmerston 1.58 8.11 319.08 0.80 6.17 243.00 Varna 1.70 8.23 323.80 0.90 6.27 246.94 Trenton 1.75 8.28 325.77 1.00 6.37 250.87 Winchester 1.80 8.33 327.74 1.40 6.77 266.62 North Gower 1.71 8.24 324.20 1.32 6.69 263.47 Vankleek Hil 1.47 8.00 314.75 0.83 6.20 244.18 Huron FOB 1.72 1.75N/A N/A 8.25 324.59 0.90 6.27 246.94 Kent FOB 1.80 8.33 327.74 1.02 6.39 251.66 Lamb FOB 1.70 8.23 323.80 0.95 6.32 248.91 Mdsx FOB 1.80 1.85N/A N/A 8.33 327.74 1.00 6.37 250.87 FOB SW Que 2.81 9.34 367.50N/A Track 1.95 8.48 333.65N/A PROCESSORS Chat-Eth N/A N/A N/A N/A 1.21 6.58 259.14 Jhnstwn-Eth N/A N/A N/A N/A N/A Aylmer-Eth N/A N/A N/A 2.28 1.17 6.54 257.57 Sarn-Eth N/A N/A N/A N/A N/A London-Ing N/A N/A N/A N/A 1.30 6.67 262.68 Pt.Colb-Ing N/A N/A N/A N/A N/A Cardnl-Ing N/A N/A N/A 2.55 1.60 6.97 274.50 W O Feed 2.10 8.63 339.55 US Rep 1.94 8.47 333.25 Toledo El. 0.30 6.83 268.75 -0.24 5.13 202.01 TRANSFER Pt. Colb 2.00 8.53 335.61 1.30 6.67 262.68 Prescott 1.53 8.06 317.11 1.28 6.65 261.90 HI SD CRN 1.00 6.37 1/4 *Wet Bid Exchange rate was 1.2065 down 0.0049 Chicago soybeans closed narrowly mixed. JUL21 HI 16.03 1/4 NOV21 HI 14.08 1/2 LOW 15.75 1/2 LOW 13.85 1/4 CLOSE15.87 1/2 Up 1 1/4 CLOSE 13.97 Down 3 3/4 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 19.73 724.77 2.59 16.56 608.48 CK High 3.90 19.78 726.61 2.65 16.62 610.68 CK Average 3.88 0.50 19.75 725.81 2.62 -0.22 16.59 609.39 Essex Cty 3.85 19.73 724.77 2.55 16.52 607.01 Mdsx Low 3.85 19.73 724.77 2.57 16.54 607.74 Mdsx High 3.90 19.78 726.61 2.60 16.57 608.84 Mdsx Average3.88 0.49 19.75 725.69 2.59 -0.25 16.56 608.29 Hensall 3.87 19.74 725.38 2.60 16.57 608.84 Bruce 3.90 19.78 726.61 2.65 16.62 610.68 Putnam 3.90 19.78 726.61 2.60 16.57 608.84 Burford 3.92 19.80 727.34 2.64 16.61 610.31 Port Perry 3.87 19.75 725.50 2.59 16.56 608.48 Norfolk 3.85 19.73 724.77 2.60 16.57 608.84 Palmerston 3.75 19.63 721.10 2.57 16.54 607.74 Varna 3.85 19.73 724.77 2.60 16.57 608.84 Trenton 3.85 19.73 724.77 2.65 16.62 610.68 Winchester 3.85 19.73 724.77 2.65 16.62 610.68 North Gower 3.40 19.28 708.24 2.65 16.62 610.68 Vankleek Hil3.20 19.08 700.89 2.56 16.53 607.37 Huron FOB 3.93 4.05 4.05 N/A 19.81 727.71 2.65 16.62 610.68 Kent FOB 3.95 19.83 728.44 2.60 16.57 608.84 Lambton FOB 3.90 19.78 726.61 2.65 16.62 610.68 Mdsx FOB 3.98 4.10 N/A N/A 19.86 729.55 2.60 16.57 608.84 PROCESSORS Windsor 3.95 19.83 728.44 2.74 16.71 613.99 TRANSFER Hamilton 4.35 20.23 743.14 3.05 17.02 625.38 Prescott N/A 2.80 16.77 616.19 Port Colborn3.84 19.72 724.40 3.07 17.04 626.11 Toledo El. 0.42 16.30 598.82 -0.42 13.55 497.79 Exchange rate was 1.2065 down 0.0049 Chicago wheat closed slightly to moderately lower. JUL21 HI 7.07 1/2 JUL21 HI 7.07 1/2 LOW 6.92 LOW 6.92 CLOSE 6.99 3/4 Down 7 1/2 CLOSE 6.99 3/4 Down 7 1/2 Minni wheat closed lower. JUL21 HI 7.36 1/2 SEP21 HI 7.39 1/2 LOW 7.03 1/2 LOW 7.09 1/4 CLOSE 7.15 Down 25 3/4 CLOSE 7.21 Down 25 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 1.58 1.58 1.58 N/A 1.21 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 1.70 N/A N/A N/A 1.00 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 1.70 N/A N/A N/A 1.00 N/A Brigden N/A N/A 1.70 N/A N/A N/A 1.00 N/A Palmerston N/A N/A 1.81 1.66 N/A 1.15 0.90 1.25 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 1.58 1.58 1.58 1.49 1.21 1.09 0.91 N/A North Gower N/A 1.25 1.40 0.90 N/A 0.81 0.91 0.80 W O Feed 2.56 TERMINAL Port Colbor N/A N/A 1.96 N/A N/A N/A 1.29 N/A PROCESSORS Toledo FM N/A N/A 1.63 N/A N/A N/A 1.63 N/A Toledo El. 7.10US 8.56CA 7.10US 8.56CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 589.64 DDG's FOB Srn & Aylm 350.00 - 355.00