<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1">
<style type="text/css" style="display:none;"> P {margin-top:0;margin-bottom:0;} </style>
</head>
<body dir="ltr">
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, May 18</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 1.206 down 0.0005</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL21 HI 6.69 1/2 DEC21 HI 5.49 3/4</u></div>
<div><u> LOW 6.52 1/2 LOW 5.37 3/4</u></div>
<div><u> CLOSE6.58 1/4 Up 5 3/4 CLOSE 5.43 1/4 Up 6</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 1.65 8.23 324.10 0.90 6.33 249.30</u></div>
<div><u>CK High 1.75 8.33 328.04 0.95 6.38 251.27</u></div>
<div><u>CK Avg 1.70 0.29 8.28 326.07 0.91 -0.17 6.34 249.63</u></div>
<div><u>Essex Cty 1.70 8.28 326.07 0.90 6.33 249.30</u></div>
<div><u>Mdsx Low 1.65 8.23 324.10 0.90 6.33 249.30</u></div>
<div><u>Mdsx High 1.75 8.33 328.04 0.95 6.38 251.27</u></div>
<div><u>Mdsx Avg 1.70 0.29 8.28 326.07 0.93 -0.16 6.36 250.28</u></div>
<div><u>Hensall 1.70 8.28 326.07 0.93 6.37 250.61</u></div>
<div><u>Bruce 1.75 8.33 328.04 0.90 6.33 249.30</u></div>
<div><u>Putnam 1.65 8.23 324.10 0.90 6.33 249.30</u></div>
<div><u>Burford 1.75 8.33 328.04 0.90 6.33 249.30</u></div>
<div><u>Port Perry 1.75 8.33 328.04 0.95 6.38 251.27</u></div>
<div><u>Norfolk 1.70 8.28 326.07 0.90 6.33 249.30</u></div>
<div><u>Palmerston 1.59 8.17 321.74 0.87 6.30 248.12</u></div>
<div><u>Varna 1.70 8.28 326.07 0.90 6.33 249.30</u></div>
<div><u>Trenton 1.75 8.33 328.04 1.00 6.43 253.24</u></div>
<div><u>Winchester 1.80 8.38 330.00 1.40 6.83 268.98</u></div>
<div><u>North Gower 1.70 8.28 326.07 1.30 6.73 265.05</u></div>
<div><u>Vankleek Hil 1.47 8.05 317.01 0.81 6.24 245.76</u></div>
<div><u>Huron FOB 1.72 1.75N/A N/A 8.30 326.85 0.90 6.33 249.30</u></div>
<div><u>Kent FOB 1.80 8.38 330.00 1.02 6.45 254.02</u></div>
<div><u>Lamb FOB 1.70 8.28 326.07 0.95 6.38 251.27</u></div>
<div><u>Mdsx FOB 1.80 1.80N/A N/A 8.38 330.00 0.95 6.38 251.27</u></div>
<div><u>FOB SW Que 2.87 9.45 372.13N/A</u></div>
<div><u>Track 1.96 8.54 336.11N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.18 6.61 260.32</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 6.60 259.93</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 1.30 6.73 265.05</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 2.50 2.55 1.60 7.03 276.86</u></div>
<div><u>W O Feed 2.07 8.65 340.71</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 1.78 8.36 329.22</u></div>
<div><u>Toledo El. 0.30 6.88 271.01 -0.24 5.19 204.37</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 2.00 8.58 337.88 1.30 6.73 265.05</u></div>
<div><u>Prescott 1.53 8.11 319.38 1.25 6.68 263.08</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 0.95 6.38 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 1.206 down 0.0005</u></div>
<div><u>Chicago soybeans closed mixed.</u></div>
<div><u><br>
</u></div>
<div><u> JUL21 HI 16.04 3/4 NOV21 HI 14.13</u></div>
<div><u> LOW 15.69 LOW 13.91 1/4</u></div>
<div><u> CLOSE15.74 1/4 Down 13 1/4 CLOSE 13.99 1/2 Up 2 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 3.77 19.51 716.96 2.52 16.52 606.82</u></div>
<div><u>CK High 3.85 19.59 719.90 2.60 16.60 609.76</u></div>
<div><u>CK Average 3.82 0.48 19.56 718.80 2.55 -0.27 16.55 608.05</u></div>
<div><u>Essex Cty 3.80 19.54 718.06 2.50 16.50 606.09</u></div>
<div><u>Mdsx Low 3.75 19.49 716.23 2.50 16.50 606.09</u></div>
<div><u>Mdsx High 3.85 19.59 719.90 2.55 16.55 607.92</u></div>
<div><u>Mdsx Average3.80 0.46 19.54 718.06 2.53 -0.30 16.52 607.01</u></div>
<div><u>Hensall 3.85 19.59 719.90 2.58 16.58 609.15</u></div>
<div><u>Bruce 3.85 19.59 719.90 2.60 16.60 609.76</u></div>
<div><u>Putnam 3.85 19.59 719.90 2.55 16.55 607.92</u></div>
<div><u>Burford 3.82 19.56 718.80 2.57 16.57 608.66</u></div>
<div><u>Port Perry 3.77 19.51 716.96 2.52 16.52 606.82</u></div>
<div><u>Norfolk 3.80 19.54 718.06 2.55 16.55 607.92</u></div>
<div><u>Palmerston 3.77 19.51 716.96 2.57 16.57 608.66</u></div>
<div><u>Varna 3.85 19.59 719.90 2.60 16.60 609.76</u></div>
<div><u>Trenton 3.85 19.59 719.90 2.65 16.65 611.60</u></div>
<div><u>Winchester 3.85 19.59 719.90 2.65 16.65 611.60</u></div>
<div><u>North Gower 3.40 19.14 703.37 2.60 16.60 609.76</u></div>
<div><u>Vankleek Hil3.14 18.88 693.81 2.51 16.51 606.45</u></div>
<div><u>Huron FOB 3.93 4.05 4.05 N/A 19.67 722.84 2.65 16.65 611.60</u></div>
<div><u>Kent FOB 3.90 19.64 721.74 2.55 16.55 607.92</u></div>
<div><u>Lambton FOB 3.90 19.64 721.74 2.65 16.65 611.60</u></div>
<div><u>Mdsx FOB 3.88 4.00 N/A N/A 19.62 721.00 2.51 16.51 606.45</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.89 19.63 721.37 2.73 16.73 614.54</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 4.30 20.04 736.44 3.00 17.00 624.46</u></div>
<div><u>Prescott N/A 2.75 16.75 615.27</u></div>
<div><u>Port Colborn3.75 19.49 716.23 2.98 16.98 623.72</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.42 16.16 593.95 -0.42 13.57 498.72</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.206 down 0.0005</u></div>
<div><u>Chicago wheat closed mixed.</u></div>
<div><u>JUL21 HI 7.18 1/2 JUL21 HI 7.18 1/2</u></div>
<div><u> LOW 6.92 1/2 LOW 6.92 1/2</u></div>
<div><u> CLOSE 6.98 Down 1 3/4 CLOSE 6.98 Down 1 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>JUL21 HI 7.26 1/4 SEP21 HI 7.32 1/4</u></div>
<div><u> LOW 7.10 LOW 7.16 1/4</u></div>
<div><u> CLOSE 7.14 Down 1 CLOSE 7.20 3/4 Down 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 1.55 1.55 1.55 N/A 1.17 1.05 0.87 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 1.00 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 1.70 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 1.70 N/A N/A N/A 1.00 N/A</u></div>
<div><u>Brigden N/A N/A 1.70 N/A N/A N/A 1.00 N/A</u></div>
<div><u>Palmerston N/A N/A 1.79 1.65 N/A 1.14 0.90 1.24</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 1.55 1.55 1.55 1.45 1.17 1.05 0.87 N/A</u></div>
<div><u>North Gower N/A 1.25 1.40 0.90 N/A 0.79 0.89 0.75</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 1.93 N/A N/A N/A 1.25 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.62 N/A N/A N/A 1.62 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 7.08US 8.54CA 7.08US 8.54CA</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 585.12</u></div>
<span><u>DDG's FOB Srn & Aylm 350.00 - 355.00</u></span><br>
</div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<span><u><br>
</u></span></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<span><u><br>
</u></span></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<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>
<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"">University of Guelph, Ridgetown Campus<o:p> </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""><o:p> </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"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes">
</span><o:p> </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"">Tel. 519-674-1500 x 63577
<o:p> </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: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
<br>
<span style="background: rgb(253, 253, 253);">Click on this link:<span class="apple-converted-space"><span style="color:#333333"> </span></span></span><span class="object" style=""><span style="color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span></span><span class="apple-converted-space" style=""><span style="color:#333333;background:#FDFDFD"> </span></span><span style="background: rgb(253, 253, 253);"> to
unsubscribe from this report.</span><br>
<span style="background: rgb(253, 253, 253);">This Farm Market News product is sponsored by:</span><br>
<span style="background: rgb(253, 253, 253);">Grain Farmers of Ontario<o:p style=""> </o:p></span></span></p>
<br>
</span></div>
</body>
</html>