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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, May 26</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2118 up 0.0066</u></div>
<div><u>Chicago corn closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL21 HI 6.29 DEC21 HI 5.23</u></div>
<div><u> LOW 6.02 3/4 LOW 5.00 1/4</u></div>
<div><u> CLOSE6.24 1/2 Up 4 1/4 CLOSE 5.20 3/4 Up 5</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 7.90 310.81 0.90 6.11 240.44</u></div>
<div><u>CK High 1.75 8.00 314.75 1.00 6.21 244.38</u></div>
<div><u>CK Avg 1.68 0.30 7.93 312.12 0.92 -0.15 6.12 241.10</u></div>
<div><u>Essex Cty 1.75 8.00 314.75 0.90 6.11 240.44</u></div>
<div><u>Mdsx Low 1.65 7.90 310.81 0.90 6.11 240.44</u></div>
<div><u>Mdsx High 1.65 7.90 310.81 0.95 6.16 242.41</u></div>
<div><u>Mdsx Avg 1.65 0.27 7.90 310.81 0.93 -0.15 6.13 241.43</u></div>
<div><u>Hensall 1.70 7.95 312.78 0.92 6.12 241.10</u></div>
<div><u>Bruce 1.70 7.95 312.78 0.90 6.11 240.44</u></div>
<div><u>Putnam 1.65 7.90 310.81 0.90 6.11 240.44</u></div>
<div><u>Burford 1.65 7.90 310.81 0.90 6.11 240.44</u></div>
<div><u>Port Perry 1.65 7.90 310.81 0.95 6.16 242.41</u></div>
<div><u>Norfolk 1.75 8.00 314.75 0.90 6.11 240.44</u></div>
<div><u>Palmerston 1.63 7.88 310.03 0.86 6.07 238.87</u></div>
<div><u>Varna 1.70 7.95 312.78 0.85 6.06 238.47</u></div>
<div><u>Trenton 1.75 8.00 314.75 1.00 6.21 244.38</u></div>
<div><u>Winchester 1.80 8.05 316.72 1.40 6.61 260.13</u></div>
<div><u>North Gower 1.70 7.95 312.78 1.30 6.51 256.19</u></div>
<div><u>Vankleek Hil 1.43 7.68 302.15 0.96 6.17 242.80</u></div>
<div><u>Huron FOB 1.71 1.71N/A N/A 7.96 313.17 0.85 6.06 238.47</u></div>
<div><u>Kent FOB 1.85 8.10 318.69 0.97 6.18 243.20</u></div>
<div><u>Lamb FOB 1.65 7.90 310.81 0.90 6.11 240.44</u></div>
<div><u>Mdsx FOB 1.70 1.70N/A N/A 7.95 312.78 0.95 6.16 242.41</u></div>
<div><u>FOB SW Que 2.61 8.86 348.61N/A</u></div>
<div><u>Track 1.98 8.23 323.80N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.12 6.33 249.10</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 2.98 3.06 1.13 6.34 249.50</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 6.51 256.19</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 6.81 268.00</u></div>
<div><u>W O Feed 2.13 8.38 329.79</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.11 8.36 328.92</u></div>
<div><u>Toledo El. 0.30 6.55 257.78 -0.24 4.97 195.47</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 2.00 8.25 324.59 1.30 6.51 256.19</u></div>
<div><u>Prescott 1.49 7.74 304.51 1.32 6.53 256.98</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.00 6.20 3/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2118 up 0.0066</u></div>
<div><u>Chicago soybeans closed mixed.</u></div>
<div><u><br>
</u></div>
<div><u> JUL21 HI 15.25 1/2 NOV21 HI 13.56 1/2</u></div>
<div><u> LOW 14.89 1/4 LOW 13.25 3/4</u></div>
<div><u> CLOSE15.03 1/2 Down 8 1/4 CLOSE 13.47 Down 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 3.55 18.59 682.88 2.45 15.92 584.96</u></div>
<div><u>CK High 3.60 18.64 684.72 2.50 15.97 586.80</u></div>
<div><u>CK Average 3.56 0.31 18.60 683.25 2.46 -0.33 15.93 585.27</u></div>
<div><u>Essex Cty 3.55 18.59 682.88 2.40 15.87 583.12</u></div>
<div><u>Mdsx Low 3.54 18.58 682.51 2.43 15.90 584.22</u></div>
<div><u>Mdsx High 3.55 18.59 682.88 2.45 15.92 584.96</u></div>
<div><u>Mdsx Average3.55 0.30 18.58 682.70 2.44 -0.34 15.91 584.59</u></div>
<div><u>Hensall 3.55 18.59 682.88 2.45 15.92 584.96</u></div>
<div><u>Bruce 3.55 18.59 682.88 2.45 15.92 584.96</u></div>
<div><u>Putnam 3.55 18.59 682.88 2.45 15.92 584.96</u></div>
<div><u>Burford 3.61 18.65 685.09 2.50 15.97 586.80</u></div>
<div><u>Port Perry 3.56 18.60 683.25 2.45 15.92 584.96</u></div>
<div><u>Norfolk 3.55 18.59 682.88 2.45 15.92 584.96</u></div>
<div><u>Palmerston 3.61 18.65 685.09 2.55 16.02 588.63</u></div>
<div><u>Varna 3.55 18.59 682.88 2.45 15.92 584.96</u></div>
<div><u>Trenton 3.55 18.59 682.88 2.45 15.92 584.96</u></div>
<div><u>Winchester 3.60 18.64 684.72 2.50 15.97 586.80</u></div>
<div><u>North Gower 3.25 18.29 671.86 2.50 15.97 586.80</u></div>
<div><u>Vankleek Hil3.29 18.33 673.33 2.46 15.93 585.33</u></div>
<div><u>Huron FOB 3.45 3.57 3.69 3.76 18.49 679.21 2.50 15.97 586.80</u></div>
<div><u>Kent FOB 3.50 18.54 681.04 2.45 15.92 584.96</u></div>
<div><u>Lambton FOB 3.70 18.74 688.39 2.50 15.97 586.80</u></div>
<div><u>Mdsx FOB 3.61 3.61 N/A N/A 18.65 685.09 2.52 15.99 587.53</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.71 18.75 688.76 2.72 16.19 594.88</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.90 18.94 695.74 2.90 16.37 601.49</u></div>
<div><u>Prescott N/A 2.70 16.17 594.15</u></div>
<div><u>Port Colborn3.41 18.45 677.74 3.00 16.47 605.17</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.18 15.22 559.12 -0.42 13.05 479.35</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2118 up 0.0066</u></div>
<div><u>Chicago wheat closed slightly to moderately lower.</u></div>
<div><u>JUL21 HI 6.57 3/4 JUL21 HI 6.57 3/4</u></div>
<div><u> LOW 6.39 1/2 LOW 6.39 1/2</u></div>
<div><u> CLOSE 6.48 1/2 Down 8 CLOSE 6.48 1/2 Down 8</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly lower.</u></div>
<div><u>JUL21 HI 6.86 3/4 SEP21 HI 6.93 1/2</u></div>
<div><u> LOW 6.68 3/4 LOW 6.75 3/4</u></div>
<div><u> CLOSE 6.80 3/4 Down 2 CLOSE 6.87 1/2 Down 2</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 0.85 N/A</u></div>
<div><u>London 1.58 1.58 1.58 N/A 1.15 1.03 0.91 N/A</u></div>
<div><u>Hensall N/A N/A N/A N/A 1.15 N/A 0.85 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 0.90 N/A</u></div>
<div><u>Bruce 1.65 1.70 1.65 1.30 1.10 1.10 0.85 1.30</u></div>
<div><u>Essex N/A N/A 1.55 N/A N/A N/A 0.85 N/A</u></div>
<div><u>Norwich N/A N/A N/A N/A 1.15 N/A 0.85 N/A</u></div>
<div><u>Port Hope N/A N/A N/A N/A N/A N/A 0.90 N/A</u></div>
<div><u>Kent Bridge N/A N/A N/A N/A 1.15 N/A 0.85 N/A</u></div>
<div><u>Chatham N/A N/A 1.55 N/A N/A N/A 0.85 N/A</u></div>
<div><u>Brigden N/A N/A 1.55 N/A N/A N/A 0.85 N/A</u></div>
<div><u>Palmerston N/A N/A 1.74 1.63 N/A 1.12 0.88 1.22</u></div>
<div><u>Varna 1.80 1.80 1.80 N/A 1.05 1.05 0.85 N/A</u></div>
<div><u>Mitchell N/A N/A N/A N/A 1.15 1.10 0.85 N/A</u></div>
<div><u>Thornton 1.58 1.58 1.58 1.26 1.15 1.03 0.91 N/A</u></div>
<div><u>North Gower N/A 1.20 1.50 0.90 N/A 0.84 0.99 0.80</u></div>
<div><u>W O Feed 2.54</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.90 N/A N/A N/A 1.29 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.55 N/A N/A N/A 1.55 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 6.59US 7.98CA 6.59US 7.98CA</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 533.31</u></div>
<span><u>DDG's FOB Srn & Aylm 350.00 - 355.00</u></span><br>
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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: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
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