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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, May 27</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 1.2069 down 0.0049</u></div>
<div><u>Chicago corn closed sharply higher to limit up.</u></div>
<div><u><br>
</u></div>
<div><u> JUL21 HI 6.64 1/2 DEC21 HI 5.57</u></div>
<div><u> LOW 6.21 1/4 LOW 5.21</u></div>
<div><u> CLOSE6.64 1/2 Up 40 CLOSE 5.55 Up 34 1/4</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 8.30 326.56 0.85 6.40 251.96</u></div>
<div><u>CK High 1.75 8.40 330.50 1.00 6.55 257.86</u></div>
<div><u>CK Avg 1.68 0.26 8.33 327.87 0.90 -0.21 6.45 253.93</u></div>
<div><u>Essex Cty 1.75 8.40 330.50 0.90 6.45 253.93</u></div>
<div><u>Mdsx Low 1.65 8.30 326.56 0.90 6.45 253.93</u></div>
<div><u>Mdsx High 1.65 8.30 326.56 0.90 6.45 253.93</u></div>
<div><u>Mdsx Avg 1.65 0.23 8.30 326.56 0.90 -0.21 6.45 253.93</u></div>
<div><u>Hensall 1.70 8.35 328.53 0.90 6.45 253.93</u></div>
<div><u>Bruce 1.70 8.35 328.53 0.90 6.45 253.93</u></div>
<div><u>Putnam 1.65 8.30 326.56 0.85 6.40 251.96</u></div>
<div><u>Burford 1.65 8.30 326.56 0.90 6.45 253.93</u></div>
<div><u>Port Perry 1.65 8.30 326.56 0.95 6.50 255.89</u></div>
<div><u>Norfolk 1.75 8.40 330.50 0.90 6.45 253.93</u></div>
<div><u>Palmerston 1.67 8.32 327.35 0.94 6.49 255.50</u></div>
<div><u>Varna 1.70 8.35 328.53 0.85 6.40 251.96</u></div>
<div><u>Trenton 1.75 8.40 330.50 1.00 6.55 257.86</u></div>
<div><u>Winchester 1.80 8.45 332.46 1.40 6.95 273.61</u></div>
<div><u>North Gower 1.70 8.35 328.53 1.30 6.85 269.67</u></div>
<div><u>Vankleek Hil 1.44 8.09 318.29 0.98 6.53 257.07</u></div>
<div><u>Huron FOB 1.74 1.74N/A N/A 8.39 330.10 0.85 6.40 251.96</u></div>
<div><u>Kent FOB 1.85 8.50 334.43 0.97 6.52 256.68</u></div>
<div><u>Lamb FOB 1.65 8.30 326.56 0.90 6.45 253.93</u></div>
<div><u>Mdsx FOB 1.70 1.70N/A N/A 8.35 328.53 0.95 6.50 255.89</u></div>
<div><u>FOB SW Que 2.65 9.30 365.93N/A</u></div>
<div><u>Track 2.01 8.65 340.54N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.16 6.71 264.16</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 6.68 262.98</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 6.85 269.67</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 3.05 3.10 1.60 7.15 281.48</u></div>
<div><u>W O Feed 2.18 8.83 347.50</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.16 8.81 346.64</u></div>
<div><u>Toledo El. 0.30 6.95 273.48 -0.24 5.31 208.99</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 2.00 8.65 340.34 1.30 6.85 269.67</u></div>
<div><u>Prescott 1.50 8.15 320.65 1.34 6.89 271.25</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.00 6.55</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2069 down 0.0049</u></div>
<div><u>Chicago soybeans closed moderately higher to higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL21 HI 15.39 1/4 NOV21 HI 13.82 1/2</u></div>
<div><u> LOW 14.92 LOW 13.37 1/4</u></div>
<div><u> CLOSE15.37 Up 33 1/2 CLOSE 13.78 1/4 Up 31 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 3.45 18.82 691.52 2.40 16.18 594.61</u></div>
<div><u>CK High 3.55 18.92 695.19 2.45 16.23 596.44</u></div>
<div><u>CK Average 3.52 0.28 18.89 693.97 2.44 -0.34 16.22 595.95</u></div>
<div><u>Essex Cty 3.45 18.82 691.52 2.35 16.13 592.77</u></div>
<div><u>Mdsx Low 3.43 18.80 690.78 2.42 16.20 595.34</u></div>
<div><u>Mdsx High 3.55 18.92 695.19 2.45 16.23 596.44</u></div>
<div><u>Mdsx Average3.49 0.26 18.86 692.99 2.44 -0.34 16.22 595.89</u></div>
<div><u>Hensall 3.55 18.92 695.19 2.45 16.23 596.44</u></div>
<div><u>Bruce 3.55 18.92 695.19 2.45 16.23 596.44</u></div>
<div><u>Putnam 3.55 18.92 695.19 2.45 16.23 596.44</u></div>
<div><u>Burford 3.50 18.87 693.35 2.49 16.27 597.91</u></div>
<div><u>Port Perry 3.45 18.82 691.52 2.44 16.22 596.07</u></div>
<div><u>Norfolk 3.45 18.82 691.52 2.40 16.18 594.61</u></div>
<div><u>Palmerston 3.59 18.96 696.66 2.55 16.33 600.12</u></div>
<div><u>Varna 3.55 18.92 695.19 2.45 16.23 596.44</u></div>
<div><u>Trenton 3.55 18.92 695.19 2.45 16.23 596.44</u></div>
<div><u>Winchester 3.60 18.97 697.03 2.50 16.28 598.28</u></div>
<div><u>North Gower 3.25 18.62 684.17 2.50 16.28 598.28</u></div>
<div><u>Vankleek Hil3.26 18.63 684.54 2.46 16.24 596.81</u></div>
<div><u>Huron FOB 3.41 3.54 3.66 3.74 18.78 690.05 2.50 16.28 598.28</u></div>
<div><u>Kent FOB 3.35 18.72 687.84 2.40 16.18 594.61</u></div>
<div><u>Lambton FOB 3.25 18.62 684.17 2.50 16.28 598.28</u></div>
<div><u>Mdsx FOB 3.50 3.50 N/A N/A 18.87 693.35 2.51 16.29 598.65</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.67 19.04 699.60 2.71 16.49 606.00</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.75 19.12 702.54 2.85 16.63 611.14</u></div>
<div><u>Prescott N/A 2.70 16.48 605.63</u></div>
<div><u>Port Colborn3.37 18.74 688.58 2.98 16.76 615.92</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.18 15.55 571.40 -0.42 13.36 490.90</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2069 down 0.0049</u></div>
<div><u>Chicago wheat closed higher.</u></div>
<div><u>JUL21 HI 6.79 1/2 JUL21 HI 6.79 1/2</u></div>
<div><u> LOW 6.48 LOW 6.48</u></div>
<div><u> CLOSE 6.76 1/4 Up 27 3/4 CLOSE 6.76 1/4 Up 27 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed sharply higher.</u></div>
<div><u>JUL21 HI 7.21 1/4 SEP21 HI 7.27 3/4</u></div>
<div><u> LOW 6.82 LOW 6.89</u></div>
<div><u> CLOSE 7.17 1/4 Up 36 1/2 CLOSE 7.23 3/4 Up 36 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 0.85 N/A</u></div>
<div><u>London 1.60 1.60 1.60 N/A 1.17 1.05 0.93 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 1.82 1.66 N/A 1.13 0.89 1.25</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 1.60 1.60 1.60 1.19 1.17 1.05 0.93 N/A</u></div>
<div><u>North Gower N/A 1.20 1.50 0.90 N/A 0.83 0.98 0.80</u></div>
<div><u>W O Feed 2.56</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.92 N/A N/A N/A 1.31 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.58 N/A N/A N/A 1.58 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 6.86US 8.28CA 6.86US 8.28CA</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 540.47</u></div>
<u><span>DDG's FOB Srn & Aylm 350.00 - 355.00</span><br>
</u></div>
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<span style="font-size:10.0pt;font-family:"Courier New"">Blair Andrews<o:p> </o:p></span></p>
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