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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Tue, June 1</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2063 down 0.0013</u></div>
<div><u>Chicago corn closed sharply higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL21 HI 6.96 3/4 DEC21 HI 5.85 1/2</u></div>
<div><u> LOW 6.60 3/4 LOW 5.51</u></div>
<div><u> CLOSE6.88 3/4 Up 32 CLOSE 5.77 Up 31 1/2</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 +SEP21+SEP21+DEC21</u></div>
<div><u>CK Low 1.70 8.59 338.07 0.85 6.62 260.62</u></div>
<div><u>CK High 1.75 8.64 340.04 1.00 6.77 266.52</u></div>
<div><u>CK Avg 1.73 0.25 8.61 339.06 0.90 -0.24 6.67 262.59</u></div>
<div><u>Essex Cty 1.75 8.64 340.04 0.90 6.67 262.59</u></div>
<div><u>Mdsx Low 1.70 8.59 338.07 0.90 6.67 262.59</u></div>
<div><u>Mdsx High 1.75 8.64 340.04 0.90 6.67 262.59</u></div>
<div><u>Mdsx Avg 1.73 0.25 8.61 339.06 0.90 -0.24 6.67 262.59</u></div>
<div><u>Hensall 1.72 8.60 338.73 0.92 6.69 263.24</u></div>
<div><u>Bruce 1.70 8.59 338.07 0.90 6.67 262.59</u></div>
<div><u>Putnam 1.70 8.59 338.07 0.85 6.62 260.62</u></div>
<div><u>Burford 1.75 8.64 340.04 0.90 6.67 262.59</u></div>
<div><u>Port Perry 1.75 8.64 340.04 0.95 6.72 264.55</u></div>
<div><u>Norfolk 1.75 8.64 340.04 0.90 6.67 262.59</u></div>
<div><u>Palmerston 1.72 8.61 338.86 0.89 6.66 262.19</u></div>
<div><u>Varna 1.70 8.59 338.07 0.90 6.67 262.59</u></div>
<div><u>Trenton 1.75 8.64 340.04 1.00 6.77 266.52</u></div>
<div><u>Winchester 1.80 8.69 342.01 1.40 7.17 282.27</u></div>
<div><u>North Gower 1.70 8.59 338.07 1.30 7.07 278.33</u></div>
<div><u>Vankleek Hil 1.49 8.38 329.81 1.04 6.81 268.10</u></div>
<div><u>Huron FOB 1.95N/A N/A N/A 8.84 347.92 0.90 6.67 262.59</u></div>
<div><u>Kent FOB 1.85 8.74 343.98 0.97 6.74 265.34</u></div>
<div><u>Lamb FOB 1.70 8.59 338.07 0.90 6.67 262.59</u></div>
<div><u>Mdsx FOB 1.95 2.80N/A N/A 8.84 347.92 0.95 6.72 264.55</u></div>
<div><u>FOB SW Que 2.65 9.54 375.47N/A</u></div>
<div><u>Track 2.06 8.94 352.05N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A 2.45 N/A</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A N/A</u></div>
<div><u>Aylmer-Eth N/A 2.89 2.93 3.29 1.13 6.90 271.64</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 3.30 1.30 7.07 278.33</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 3.10 3.42 1.60 7.37 290.14</u></div>
<div><u>W O Feed 2.24 9.12 359.18</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.20 9.09 357.76</u></div>
<div><u>Toledo El. 0.30 7.19 283.02 -0.24 5.53 217.66</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 2.00 8.89 349.89 1.30 7.07 278.33</u></div>
<div><u>Prescott 1.55 8.44 332.17 1.40 7.17 282.27</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.00 6.77</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2063 down 0.0013</u></div>
<div><u>Chicago soybeans closed slightly to moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL21 HI 15.78 1/2 NOV21 HI 14.19 3/4</u></div>
<div><u> LOW 15.37 1/4 LOW 13.81</u></div>
<div><u> CLOSE15.48 1/2 Up 18 CLOSE 13.97 Up 24 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+AUG21+NOV21</u></div>
<div><u>CK Low 3.42 18.91 694.64 2.42 16.39 602.23</u></div>
<div><u>CK High 3.50 18.99 697.58 2.45 16.42 603.33</u></div>
<div><u>CK Average 3.49 0.24 18.97 697.09 2.45 -0.36 16.42 603.15</u></div>
<div><u>Essex Cty 3.50 18.99 697.58 2.40 16.37 601.49</u></div>
<div><u>Mdsx Low 3.40 18.89 693.90 2.40 16.37 601.49</u></div>
<div><u>Mdsx High 3.50 18.99 697.58 2.45 16.42 603.33</u></div>
<div><u>Mdsx Average3.45 0.21 18.94 695.74 2.43 -0.38 16.40 602.41</u></div>
<div><u>Hensall 3.50 18.99 697.58 2.45 16.42 603.33</u></div>
<div><u>Bruce 3.55 19.04 699.42 2.45 16.42 603.33</u></div>
<div><u>Putnam 3.50 18.99 697.58 2.45 16.42 603.33</u></div>
<div><u>Burford 3.47 18.96 696.48 2.47 16.44 604.07</u></div>
<div><u>Port Perry 3.42 18.91 694.64 2.42 16.39 602.23</u></div>
<div><u>Norfolk 3.50 18.99 697.58 2.45 16.42 603.33</u></div>
<div><u>Palmerston 3.42 18.91 694.64 2.51 16.48 605.54</u></div>
<div><u>Varna 3.50 18.99 697.58 2.45 16.42 603.33</u></div>
<div><u>Trenton 3.50 18.99 697.58 2.50 16.47 605.17</u></div>
<div><u>Winchester 3.50 18.99 697.58 2.50 16.47 605.17</u></div>
<div><u>North Gower 3.25 18.74 688.39 2.50 16.47 605.17</u></div>
<div><u>Vankleek Hil3.52 19.01 698.31 2.48 16.45 604.43</u></div>
<div><u>Huron FOB 3.21 3.21 3.47 N/A 18.70 686.92 2.50 16.47 605.17</u></div>
<div><u>Kent FOB N/A 2.45 16.42 603.33</u></div>
<div><u>Lambton FOB 3.25 18.74 688.39 2.55 16.52 607.01</u></div>
<div><u>Mdsx FOB 3.41 3.53 N/A N/A 18.90 694.27 2.55 16.52 607.01</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.76 19.25 707.13 2.73 16.70 613.62</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.60 19.09 701.25 2.90 16.87 619.87</u></div>
<div><u>Prescott N/A 2.72 16.69 613.25</u></div>
<div><u>Port Colborn3.40 18.89 693.90 3.02 16.99 624.28</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.18 15.67 575.62 -0.42 13.55 497.80</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2063 down 0.0013</u></div>
<div><u>Chicago wheat closed higher.</u></div>
<div><u>JUL21 HI 7.02 JUL21 HI 7.02</u></div>
<div><u> LOW 6.72 LOW 6.72</u></div>
<div><u> CLOSE 6.93 1/2 Up 30 CLOSE 6.93 1/2 Up 30</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed sharply higher.</u></div>
<div><u>JUL21 HI 7.79 1/2 SEP21 HI 7.84 1/4</u></div>
<div><u> LOW 7.43 3/4 LOW 7.50</u></div>
<div><u> CLOSE 7.71 1/2 Up 44 CLOSE 7.75 1/2 Up 42</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 1.61 1.61 1.55 N/A 1.19 1.07 0.89 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 1.84 1.77 N/A 1.17 0.93 1.35</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 1.61 1.61 1.55 0.83 1.19 1.07 0.89 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 2.60</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 1.33 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.61 N/A N/A N/A 1.61 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 7.04US 8.49CA 7.04US 8.49CA</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 546.42</u></div>
<u><span>DDG's FOB Srn & Aylm 330.00 - 345.00</span><br>
</u></div>
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<u><span><br>
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<u><span><br>
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<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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