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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, June 4</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2079 down 0.0030</u></div>
<div><u>Chicago corn closed higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL21 HI 6.85 3/4 DEC21 HI 5.92 3/4</u></div>
<div><u> LOW 6.60 3/4 LOW 5.68</u></div>
<div><u> CLOSE6.82 3/4 Up 20 3/4 CLOSE 5.91 1/2 Up 25</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 8.53 335.71 0.90 6.82 268.29</u></div>
<div><u>CK High 1.75 8.58 337.68 1.00 6.92 272.23</u></div>
<div><u>CK Avg 1.73 0.25 8.55 336.70 0.92 -0.26 6.83 268.95</u></div>
<div><u>Essex Cty 1.75 8.58 337.68 0.90 6.82 268.29</u></div>
<div><u>Mdsx Low 1.70 8.53 335.71 0.90 6.82 268.29</u></div>
<div><u>Mdsx High 1.75 8.58 337.68 0.95 6.87 270.26</u></div>
<div><u>Mdsx Avg 1.73 0.25 8.55 336.70 0.93 -0.25 6.84 269.28</u></div>
<div><u>Hensall 1.72 8.54 336.37 0.93 6.85 269.61</u></div>
<div><u>Bruce 1.70 8.53 335.71 0.90 6.82 268.29</u></div>
<div><u>Putnam 1.70 8.53 335.71 0.90 6.82 268.29</u></div>
<div><u>Burford 1.75 8.58 337.68 0.90 6.82 268.29</u></div>
<div><u>Port Perry 1.75 8.58 337.68 0.95 6.87 270.26</u></div>
<div><u>Norfolk 1.75 8.58 337.68 0.90 6.82 268.29</u></div>
<div><u>Palmerston 1.72 8.55 336.50 0.93 6.85 269.48</u></div>
<div><u>Varna 1.70 8.53 335.71 0.90 6.82 268.29</u></div>
<div><u>Trenton 1.75 8.58 337.68 1.00 6.92 272.23</u></div>
<div><u>Winchester 1.80 8.63 339.65 1.40 7.32 287.98</u></div>
<div><u>North Gower 1.75 8.58 337.68 1.35 7.27 286.01</u></div>
<div><u>Vankleek Hil 1.52 8.35 328.63 1.09 7.01 275.77</u></div>
<div><u>Huron FOB 1.88N/A N/A N/A 8.71 342.80 0.90 6.82 268.29</u></div>
<div><u>Kent FOB 1.85 8.68 341.62 0.97 6.89 271.05</u></div>
<div><u>Lamb FOB 1.75 8.58 337.68 1.00 6.92 272.23</u></div>
<div><u>Mdsx FOB 2.00 2.80N/A N/A 8.83 347.52 1.00 6.92 272.23</u></div>
<div><u>FOB SW Que 2.47 9.30 366.03N/A</u></div>
<div><u>Track 2.06 8.89 349.89N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A 2.50 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 2.80 2.87 3.25 1.08 7.00 275.38</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 7.22 284.04</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 7.52 295.85</u></div>
<div><u>W O Feed 2.22 9.05 356.18</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.21 9.04 355.79</u></div>
<div><u>Toledo El. 0.30 7.13 280.67 -0.24 5.67 223.35</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 2.00 8.83 347.52 1.30 7.22 284.04</u></div>
<div><u>Prescott 1.58 8.41 330.99 1.39 7.31 287.59</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.00 6.91 1/2</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2079 down 0.0030</u></div>
<div><u>Chicago soybeans closed slightly higher to higher.</u></div>
<div><u><br>
</u></div>
<div><u> JUL21 HI 15.87 NOV21 HI 14.38 3/4</u></div>
<div><u> LOW 15.45 1/4 LOW 14.01 3/4</u></div>
<div><u> CLOSE15.83 3/4 Up 34 1/2 CLOSE 14.35 1/2 Up 32</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 3.54 19.38 712.00 2.52 16.88 620.05</u></div>
<div><u>CK High 3.65 19.49 716.04 2.60 16.96 622.99</u></div>
<div><u>CK Average 3.62 0.27 19.46 715.06 2.59 -0.33 16.94 622.50</u></div>
<div><u>Essex Cty 3.65 19.49 716.04 2.55 16.91 621.15</u></div>
<div><u>Mdsx Low 3.52 19.36 711.27 2.50 16.86 619.32</u></div>
<div><u>Mdsx High 3.65 19.49 716.04 2.60 16.96 622.99</u></div>
<div><u>Mdsx Average3.59 0.24 19.42 713.65 2.55 -0.36 16.91 621.15</u></div>
<div><u>Hensall 3.65 19.49 716.04 2.60 16.96 622.99</u></div>
<div><u>Bruce 3.65 19.49 716.04 2.60 16.96 622.99</u></div>
<div><u>Putnam 3.65 19.49 716.04 2.60 16.96 622.99</u></div>
<div><u>Burford 3.59 19.43 713.84 2.57 16.93 621.89</u></div>
<div><u>Port Perry 3.54 19.38 712.00 2.52 16.88 620.05</u></div>
<div><u>Norfolk 3.65 19.49 716.04 2.60 16.96 622.99</u></div>
<div><u>Palmerston 3.53 19.37 711.63 2.62 16.98 623.72</u></div>
<div><u>Varna 3.65 19.49 716.04 2.60 16.96 622.99</u></div>
<div><u>Trenton 3.60 19.44 714.21 2.60 16.96 622.99</u></div>
<div><u>Winchester 3.60 19.44 714.21 2.60 16.96 622.99</u></div>
<div><u>North Gower 3.50 19.34 710.53 2.55 16.91 621.15</u></div>
<div><u>Vankleek Hil3.63 19.47 715.31 2.61 16.97 623.36</u></div>
<div><u>Huron FOB 3.31 3.31 3.58 N/A 19.15 703.55 2.65 17.01 624.83</u></div>
<div><u>Kent FOB N/A 2.60 16.96 622.99</u></div>
<div><u>Lambton FOB 3.35 19.19 705.02 2.60 16.96 622.99</u></div>
<div><u>Mdsx FOB 3.41 3.65 N/A N/A 19.25 707.22 2.68 17.04 625.93</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 3.74 19.58 719.35 2.80 17.16 630.34</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 3.75 19.59 719.72 3.05 17.41 639.52</u></div>
<div><u>Prescott N/A 2.85 17.21 632.18</u></div>
<div><u>Port Colborn3.52 19.36 711.27 3.15 17.51 643.20</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.18 16.02 588.59 -0.42 13.93 511.92</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2079 down 0.0030</u></div>
<div><u>Chicago wheat closed moderately higher to higher.</u></div>
<div><u>JUL21 HI 6.90 1/4 JUL21 HI 6.90 1/4</u></div>
<div><u> LOW 6.76 1/4 LOW 6.76 1/4</u></div>
<div><u> CLOSE 6.87 3/4 Up 11 1/2 CLOSE 6.87 3/4 Up 11 1/2</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed sharply higher.</u></div>
<div><u>JUL21 HI 8.19 1/4 SEP21 HI 8.23</u></div>
<div><u> LOW 7.82 3/4 LOW 7.85</u></div>
<div><u> CLOSE 8.12 3/4 Up 35 1/4 CLOSE 8.15 3/4 Up 33</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 0.90 N/A</u></div>
<div><u>London 1.65 1.65 1.59 N/A 1.22 1.10 0.92 N/A</u></div>
<div><u>Hensall N/A N/A N/A N/A 1.20 N/A 0.90 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 1.15 1.15 0.95 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 1.20 N/A 0.90 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 1.20 N/A 0.90 N/A</u></div>
<div><u>Chatham N/A N/A 1.60 N/A N/A N/A 0.95 N/A</u></div>
<div><u>Brigden N/A N/A 1.60 N/A N/A N/A 0.95 N/A</u></div>
<div><u>Palmerston N/A N/A 1.85 1.86 N/A 1.19 0.95 1.44</u></div>
<div><u>Varna 1.80 1.80 1.80 N/A 1.15 1.15 0.95 N/A</u></div>
<div><u>Mitchell N/A N/A N/A N/A 1.20 1.15 0.90 N/A</u></div>
<div><u>Thornton 1.65 1.65 1.59 0.40 1.22 1.10 0.92 N/A</u></div>
<div><u>North Gower N/A 1.25 1.55 0.95 N/A 0.90 1.05 0.85</u></div>
<div><u>W O Feed 2.65</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.97 N/A N/A N/A 1.36 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. 6.98US 8.43CA 6.98US 8.43CA</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 543.67</u></div>
<span><u>DDG's FOB Srn & Aylm 320.00 - 345.00</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:10.0pt;font-family:"Courier New"">Blair Andrews<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"">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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