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<span style="margin:0px;font-size:10pt;background-color:rgb(255, 255, 255)">Please be advised that a few elevators have rolled to the September 2021 future for Old Crop Corn. However, most elevators remain on July, which is the reason for the large discrepancy
in the old crop bids in today's corn report. For questions, please do not reply to this email. Use the email address at the bottom of the report.</span><br>
</div>
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<span style="margin:0px;font-size:10pt;background-color:rgb(255, 255, 255)">Thank you.</span><br>
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<span style="margin:0px;font-size:10pt;background-color:rgb(255, 255, 255)"><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Wed, June 23</u>
<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2299 down 0.0025</u></div>
<div><u>Chicago corn closed mixed.</u></div>
<div><u><br>
</u></div>
<div><u> JUL21 HI 6.66 1/4 DEC21 HI 5.43</u></div>
<div><u> LOW 6.59 1/4 LOW 5.28 3/4</u></div>
<div><u> CLOSE6.64 1/4 Up 4 1/2 CLOSE 5.35 3/4 Down 3 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 1.27 7.91 311.50 0.95 6.31 248.32</u></div>
<div><u>CK High 1.85 8.49 334.33 1.00 6.36 250.28</u></div>
<div><u>CK Avg 1.62 0.08 8.27 325.41 0.96 -0.22 6.32 248.64</u></div>
<div><u>Essex Cty 1.85 8.49 334.33 0.95 6.31 248.32</u></div>
<div><u>Mdsx Low 1.27 7.91 311.50 0.95 6.31 248.32</u></div>
<div><u>Mdsx High 1.80 8.44 332.37 0.95 6.31 248.32</u></div>
<div><u>Mdsx Avg 1.54 0.01 8.18 321.93 0.95 -0.23 6.31 248.32</u></div>
<div><u>Hensall 1.64 8.28 326.07 0.97 6.32 248.97</u></div>
<div><u>Bruce 1.27 7.91 311.50 0.95 6.31 248.32</u></div>
<div><u>Putnam 1.27 7.91 311.50 0.95 6.31 248.32</u></div>
<div><u>Burford 1.80 8.44 332.37 0.95 6.31 248.32</u></div>
<div><u>Port Perry 1.80 8.44 332.37 1.00 6.36 250.28</u></div>
<div><u>Norfolk 1.85 8.49 334.33 0.95 6.31 248.32</u></div>
<div><u>Palmerston 1.23 7.87 309.93 0.98 6.34 249.50</u></div>
<div><u>Varna 1.80 8.44 332.37 0.95 6.31 248.32</u></div>
<div><u>Trenton 1.72 8.36 329.22 1.00 6.36 250.28</u></div>
<div><u>Winchester 1.80 8.44 332.37 1.40 6.76 266.03</u></div>
<div><u>North Gower 1.77 8.41 331.19 1.36 6.72 264.46</u></div>
<div><u>Vankleek Hil 0.68 7.32 288.27 1.65 7.01 275.87</u></div>
<div><u>Huron FOB 1.91N/A N/A N/A 8.55 336.70 0.95 6.31 248.32</u></div>
<div><u>Kent FOB 1.95 8.59 338.27 1.02 6.38 251.07</u></div>
<div><u>Lamb FOB 1.60 8.24 324.49 1.10 6.46 254.22</u></div>
<div><u>Mdsx FOB 2.10 3.20N/A N/A 8.74 344.18 1.00 6.36 250.28</u></div>
<div><u>FOB SW Que 2.78 9.42 370.95N/A</u></div>
<div><u>Track 2.23 8.87 349.29N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A 2.67 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 N/A N/A N/A N/A</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 6.66 262.09</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 N/A N/A 1.65 7.01 275.87</u></div>
<div><u>W O Feed 2.33 8.98 353.39</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.32 8.96 352.84</u></div>
<div><u>Toledo El. 0.31 6.95 273.61 -0.25 5.11 201.23</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 2.00 8.64 340.24 1.30 6.66 262.09</u></div>
<div><u>Prescott 0.86 7.50 295.36 1.90 7.26 285.72</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.00 6.35 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 1.2299 down 0.0025</u></div>
<div><u>Chicago soybeans closed mixed.</u></div>
<div><u><br>
</u></div>
<div><u> NOV21 HI 13.11 3/4 NOV21 HI 13.11 3/4</u></div>
<div><u> LOW 12.93 3/4 LOW 12.93 3/4</u></div>
<div><u> CLOSE13.00 1/4 Down 2 CLOSE 13.00 1/4 Down 2</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 +NOV21+NOV21+NOV21</u></div>
<div><u>CK Low 3.85 16.85 619.22 2.56 15.56 571.82</u></div>
<div><u>CK High 4.00 17.00 624.73 2.75 15.75 578.81</u></div>
<div><u>CK Average 3.88 0.72 16.88 620.14 2.62 -0.30 15.62 573.97</u></div>
<div><u>Essex Cty 3.85 16.85 619.22 2.55 15.55 571.46</u></div>
<div><u>Mdsx Low 3.83 16.83 618.49 2.54 15.54 571.09</u></div>
<div><u>Mdsx High 3.85 16.85 619.22 2.60 15.60 573.29</u></div>
<div><u>Mdsx Average3.84 0.69 16.84 618.86 2.57 -0.34 15.57 572.19</u></div>
<div><u>Hensall 3.85 16.85 619.22 2.60 15.60 573.29</u></div>
<div><u>Bruce 4.00 17.00 624.73 2.75 15.75 578.81</u></div>
<div><u>Putnam 3.85 16.85 619.22 2.60 15.60 573.29</u></div>
<div><u>Burford 3.90 16.90 621.06 2.61 15.61 573.66</u></div>
<div><u>Port Perry 3.85 16.85 619.22 2.56 15.56 571.82</u></div>
<div><u>Norfolk 3.85 16.85 619.22 2.60 15.60 573.29</u></div>
<div><u>Palmerston 3.84 16.84 618.86 2.61 15.61 573.66</u></div>
<div><u>Varna 4.00 17.00 624.73 2.75 15.75 578.81</u></div>
<div><u>Trenton 3.95 16.95 622.90 2.70 15.70 576.97</u></div>
<div><u>Winchester 3.86 16.86 619.59 2.60 15.60 573.29</u></div>
<div><u>North Gower 4.40 17.40 639.43 2.62 15.62 574.03</u></div>
<div><u>Vankleek Hil4.04 17.04 626.20 3.16 16.16 593.87</u></div>
<div><u>Huron FOB 4.03 4.03 4.03 N/A 17.03 625.84 2.65 15.65 575.13</u></div>
<div><u>Kent FOB 3.90 16.90 621.06 2.60 15.60 573.29</u></div>
<div><u>Lambton FOB 3.70 16.70 613.71 2.70 15.70 576.97</u></div>
<div><u>Mdsx FOB 3.78 4.02 N/A N/A 16.78 616.65 2.61 15.61 573.66</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor N/A 2.80 15.80 580.64</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 4.20 17.20 632.08 3.05 16.05 589.83</u></div>
<div><u>Prescott N/A 2.85 15.85 582.48</u></div>
<div><u>Port Colborn3.88 16.88 620.33 3.02 16.02 588.73</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 1.17 14.17 520.69 -0.43 12.57 461.94</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2299 down 0.0025</u></div>
<div><u>Chicago wheat closed moderately higher.</u></div>
<div><u>JUL21 HI 6.68 1/4 JUL21 HI 6.68 1/4</u></div>
<div><u> LOW 6.53 1/4 LOW 6.53 1/4</u></div>
<div><u> CLOSE 6.61 1/4 Up 10 1/4 CLOSE 6.61 1/4 Up 10 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed higher.</u></div>
<div><u>JUL21 HI 8.07 1/2 SEP21 HI 8.06</u></div>
<div><u> LOW 7.86 LOW 7.85 3/4</u></div>
<div><u> CLOSE 8.04 3/4 Up 21 3/4 CLOSE 8.02 1/4 Up 19 1/2</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 1.00 N/A</u></div>
<div><u>London 1.73 1.73 1.67 N/A 1.30 1.18 0.93 N/A</u></div>
<div><u>Hensall N/A N/A N/A N/A 1.25 N/A 1.00 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.00 N/A</u></div>
<div><u>Bruce 1.65 1.70 1.65 1.20 1.20 1.15 1.00 1.35</u></div>
<div><u>Essex N/A N/A N/A N/A N/A N/A 0.95 N/A</u></div>
<div><u>Norwich N/A N/A N/A N/A 1.25 N/A 1.00 N/A</u></div>
<div><u>Port Hope N/A N/A N/A N/A N/A N/A 1.00 N/A</u></div>
<div><u>Kent Bridge N/A N/A N/A N/A 1.25 N/A 1.00 N/A</u></div>
<div><u>Chatham N/A N/A N/A N/A N/A N/A 0.95 N/A</u></div>
<div><u>Brigden N/A N/A N/A N/A N/A N/A 0.95 N/A</u></div>
<div><u>Palmerston N/A N/A 1.94 2.02 N/A 1.24 1.18 1.59</u></div>
<div><u>Varna 1.80 1.80 1.80 N/A 1.20 1.30 1.00 N/A</u></div>
<div><u>Mitchell N/A N/A N/A N/A 1.25 1.15 1.00 N/A</u></div>
<div><u>Thornton 1.73 1.73 1.67 0.54 1.30 1.18 0.93 N/A</u></div>
<div><u>North Gower N/A 1.27 1.55 0.96 N/A 0.91 0.93 0.84</u></div>
<div><u>W O Feed 2.80</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 1.38 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.70 N/A N/A N/A 1.70 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 6.71US 8.26CA 6.71US 8.26CA</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 497.37</u></div>
<span><u>DDG's FOB Srn & Aylm 260.00 - 300.00</u></span><br>
</span></div>
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<span style="font-size: 10pt; font-family: "Courier New";">Blair Andrews<o:p style=""> </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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