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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, June 2</u>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2039 down 0.0024</u></div>
<div><u>Chicago corn closed slightly lower to lower.</u></div>
<div><u><br>
</u></div>
<div><u> JUL21 HI 6.94 1/4 DEC21 HI 5.84 3/4</u></div>
<div><u> LOW 6.66 LOW 5.63 1/2</u></div>
<div><u> CLOSE6.75 Down 13 3/4 CLOSE 5.72 3/4 Down 4 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 +SEP21+SEP21+DEC21</u></div>
<div><u>CK Low 1.70 8.45 332.66 0.85 6.58 258.94</u></div>
<div><u>CK High 1.75 8.50 334.63 1.00 6.73 264.85</u></div>
<div><u>CK Avg 1.73 0.29 8.48 333.65 0.90 -0.22 6.63 260.91</u></div>
<div><u>Essex Cty 1.75 8.50 334.63 0.90 6.63 260.91</u></div>
<div><u>Mdsx Low 1.70 8.45 332.66 0.90 6.63 260.91</u></div>
<div><u>Mdsx High 1.75 8.50 334.63 0.90 6.63 260.91</u></div>
<div><u>Mdsx Avg 1.73 0.29 8.48 333.65 0.90 -0.22 6.63 260.91</u></div>
<div><u>Hensall 1.72 8.47 333.32 0.92 6.64 261.57</u></div>
<div><u>Bruce 1.70 8.45 332.66 0.90 6.63 260.91</u></div>
<div><u>Putnam 1.70 8.45 332.66 0.85 6.58 258.94</u></div>
<div><u>Burford 1.75 8.50 334.63 0.90 6.63 260.91</u></div>
<div><u>Port Perry 1.75 8.50 334.63 0.95 6.68 262.88</u></div>
<div><u>Norfolk 1.75 8.50 334.63 0.90 6.63 260.91</u></div>
<div><u>Palmerston 1.67 8.42 331.48 0.86 6.59 259.34</u></div>
<div><u>Varna 1.70 8.45 332.66 0.90 6.63 260.91</u></div>
<div><u>Trenton 1.75 8.50 334.63 1.00 6.73 264.85</u></div>
<div><u>Winchester 1.80 8.55 336.60 1.40 7.13 280.60</u></div>
<div><u>North Gower 1.70 8.45 332.66 1.30 7.03 276.66</u></div>
<div><u>Vankleek Hil 1.54 8.29 326.36 1.07 6.80 267.61</u></div>
<div><u>Huron FOB 1.90N/A N/A N/A 8.65 340.54 0.90 6.63 260.91</u></div>
<div><u>Kent FOB 1.85 8.60 338.57 0.97 6.70 263.67</u></div>
<div><u>Lamb FOB 1.75 8.50 334.63 1.00 6.73 264.85</u></div>
<div><u>Mdsx FOB 1.95 2.80N/A N/A 8.70 342.50 0.95 6.68 262.88</u></div>
<div><u>FOB SW Que 2.69 9.44 371.64N/A</u></div>
<div><u>Track 2.04 8.79 345.85N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A 2.45 0.95 6.68 262.88</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 6.86 269.97</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 7.03 276.66</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 7.33 288.47</u></div>
<div><u>W O Feed 2.20 8.95 352.19</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.16 8.91 350.77</u></div>
<div><u>Toledo El. 0.30 7.05 277.59 -0.24 5.49 216.00</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 2.00 8.75 344.47 1.30 7.03 276.66</u></div>
<div><u>Prescott 1.60 8.35 328.72 1.43 7.16 281.78</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.00 6.72 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 1.2039 down 0.0024</u></div>
<div><u>Chicago soybeans closed slightly to moderately higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL21 HI 15.67 3/4 NOV21 HI 14.21 1/4</u></div>
<div><u> LOW 15.41 3/4 LOW 13.91 3/4</u></div>
<div><u> CLOSE15.62 1/2 Up 14 CLOSE 14.13 3/4 Up 16 3/4</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 3.47 19.10 701.62 2.45 16.59 609.49</u></div>
<div><u>CK High 3.60 19.23 706.40 2.55 16.69 613.16</u></div>
<div><u>CK Average 3.55 0.30 19.18 704.68 2.53 -0.30 16.66 612.24</u></div>
<div><u>Essex Cty 3.60 19.23 706.40 2.50 16.64 611.32</u></div>
<div><u>Mdsx Low 3.45 19.08 700.89 2.43 16.57 608.75</u></div>
<div><u>Mdsx High 3.60 19.23 706.40 2.55 16.69 613.16</u></div>
<div><u>Mdsx Average3.53 0.28 19.15 703.64 2.49 -0.33 16.63 610.96</u></div>
<div><u>Hensall 3.60 19.23 706.40 2.55 16.69 613.16</u></div>
<div><u>Bruce 3.60 19.23 706.40 2.55 16.69 613.16</u></div>
<div><u>Putnam 3.60 19.23 706.40 2.55 16.69 613.16</u></div>
<div><u>Burford 3.52 19.15 703.46 2.50 16.64 611.32</u></div>
<div><u>Port Perry 3.47 19.10 701.62 2.45 16.59 609.49</u></div>
<div><u>Norfolk 3.60 19.23 706.40 2.55 16.69 613.16</u></div>
<div><u>Palmerston 3.43 19.06 700.15 2.53 16.67 612.43</u></div>
<div><u>Varna 3.60 19.23 706.40 2.55 16.69 613.16</u></div>
<div><u>Trenton 3.50 19.13 702.72 2.50 16.64 611.32</u></div>
<div><u>Winchester 3.52 19.15 703.46 2.57 16.71 613.90</u></div>
<div><u>North Gower 3.25 18.88 693.54 2.50 16.64 611.32</u></div>
<div><u>Vankleek Hil3.57 19.20 705.30 2.55 16.69 613.16</u></div>
<div><u>Huron FOB 3.26 3.26 3.53 N/A 18.89 693.90 2.60 16.74 615.00</u></div>
<div><u>Kent FOB N/A 2.55 16.69 613.16</u></div>
<div><u>Lambton FOB 3.25 18.88 693.54 2.55 16.69 613.16</u></div>
<div><u>Mdsx FOB 3.49 3.49 N/A N/A 19.12 702.36 2.64 16.78 616.47</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.61 19.24 706.77 2.74 16.88 620.14</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.70 19.33 710.07 3.00 17.14 629.70</u></div>
<div><u>Prescott N/A 2.79 16.93 621.98</u></div>
<div><u>Port Colborn3.45 19.08 700.89 3.08 17.22 632.63</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.18 15.81 580.76 -0.42 13.72 503.98</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2039 down 0.0024</u></div>
<div><u>Chicago wheat closed mixed.</u></div>
<div><u>JUL21 HI 7.01 1/2 JUL21 HI 7.01 1/2</u></div>
<div><u> LOW 6.81 1/2 LOW 6.81 1/2</u></div>
<div><u> CLOSE 6.87 1/2 Down 6 CLOSE 6.87 1/2 Down 6</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately higher.</u></div>
<div><u>JUL21 HI 7.99 1/4 SEP21 HI 8.03</u></div>
<div><u> LOW 7.72 1/2 LOW 7.76</u></div>
<div><u> CLOSE 7.83 Up 11 1/2 CLOSE 7.88 1/4 Up 12 3/4</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 1.67 1.67 1.61 N/A 1.24 1.12 0.94 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 1.60 N/A N/A N/A 0.90 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 1.60 N/A N/A N/A 0.90 N/A</u></div>
<div><u>Brigden N/A N/A 1.60 N/A N/A N/A 0.90 N/A</u></div>
<div><u>Palmerston N/A N/A 1.82 1.78 N/A 1.16 0.92 1.37</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 1.67 1.67 1.61 0.72 1.24 1.12 0.94 N/A</u></div>
<div><u>North Gower N/A 1.20 1.50 0.90 N/A 0.85 1.00 0.80</u></div>
<div><u>W O Feed 2.58</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.99 N/A N/A N/A 1.38 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. 6.98US 8.40CA 6.98US 8.40CA</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 541.24</u></div>
<u><span>DDG's FOB Srn & Aylm 330.00 - 345.00</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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<span style="font-size:10.0pt;font-family:"Courier New"">Editor, AgriLink and Farm Market News
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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">
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<span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
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