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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, July 2</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2315 down 0.0128</u></div>
<div><u>Chicago corn closed moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> SEP21 HI 6.11 3/4 DEC21 HI 5.97 1/2</u></div>
<div><u> LOW 5.88 LOW 5.73 1/2</u></div>
<div><u> CLOSE5.92 Down 9 3/4 CLOSE 5.79 3/4 Down 9 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+DEC21+DEC21</u></div>
<div><u>CK Low 2.80 8.72 343.29 1.00 6.80 267.61</u></div>
<div><u>CK High 2.80 8.72 343.29 1.05 6.85 269.57</u></div>
<div><u>CK Avg 2.80 1.16 8.72 343.29 1.02 -0.26 6.81 268.26</u></div>
<div><u>Essex Cty 2.80 8.72 343.29 1.05 6.85 269.57</u></div>
<div><u>Mdsx Low 2.80 8.72 343.29 1.00 6.80 267.61</u></div>
<div><u>Mdsx High 2.80 8.72 343.29 1.05 6.85 269.57</u></div>
<div><u>Mdsx Avg 2.80 1.16 8.72 343.29 1.03 -0.26 6.82 268.59</u></div>
<div><u>Hensall 2.82 8.74 343.95 1.07 6.86 270.23</u></div>
<div><u>Bruce 2.80 8.72 343.29 1.00 6.80 267.61</u></div>
<div><u>Putnam 2.80 8.72 343.29 1.00 6.80 267.61</u></div>
<div><u>Burford 2.80 8.72 343.29 1.00 6.80 267.61</u></div>
<div><u>Port Perry 2.85 8.77 345.26 1.05 6.85 269.57</u></div>
<div><u>Norfolk 2.80 8.72 343.29 1.05 6.85 269.57</u></div>
<div><u>Palmerston 2.67 8.59 338.17 0.98 6.78 266.82</u></div>
<div><u>Varna 2.80 8.72 343.29 1.05 6.85 269.57</u></div>
<div><u>Trenton 2.90 8.82 347.23 1.05 6.85 269.57</u></div>
<div><u>Winchester 2.80 8.72 343.29 1.40 7.20 283.35</u></div>
<div><u>North Gower 2.70 8.62 339.35 1.36 7.16 281.78</u></div>
<div><u>Vankleek Hil 1.84 7.76 305.50 1.38 7.18 282.57</u></div>
<div><u>Huron FOB 3.02 3.25N/A N/A 8.94 351.95 1.05 6.85 269.57</u></div>
<div><u>Kent FOB 2.95 8.87 349.20 1.15 6.95 273.51</u></div>
<div><u>Lamb FOB 2.95 8.87 349.20 1.20 7.00 275.48</u></div>
<div><u>Mdsx FOB 3.10 3.20N/A N/A 9.02 355.10 1.15 6.95 273.51</u></div>
<div><u>FOB SW Que 2.99 8.91 350.77N/A</u></div>
<div><u>Track 3.25 9.17 360.81N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 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 2.00 1.30 7.10 279.42</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 2.15 1.65* 7.45 293.20</u></div>
<div><u>W O Feed 3.44 9.36 368.41</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 3.23 9.15 360.22</u></div>
<div><u>Toledo El. 1.29 7.21 283.97 -0.25 5.55 218.54</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 3.40 9.32 366.91 1.45 7.25 285.32</u></div>
<div><u>Prescott 2.03 7.95 312.98 1.50 7.30 287.29</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.05 6.84 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 1.2315 down 0.0128</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> NOV21 HI 14.14 3/4 NOV21 HI 14.14 3/4</u></div>
<div><u> LOW 13.82 1/2 LOW 13.82 1/2</u></div>
<div><u> CLOSE13.99 Up 3 1/2 CLOSE 13.99 Up 3 1/2</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 3.94 17.93 658.81 2.95 16.94 622.44</u></div>
<div><u>CK High 4.15 18.14 666.53 2.96 16.95 622.81</u></div>
<div><u>CK Average 4.02 0.64 18.01 661.88 2.95 -0.23 16.94 622.50</u></div>
<div><u>Essex Cty 3.95 17.94 659.18 2.90 16.89 620.60</u></div>
<div><u>Mdsx Low 3.92 17.91 658.08 2.94 16.93 622.07</u></div>
<div><u>Mdsx High 4.15 18.14 666.53 2.95 16.94 622.44</u></div>
<div><u>Mdsx Average4.04 0.65 18.03 662.31 2.95 -0.24 16.94 622.25</u></div>
<div><u>Hensall 4.05 18.04 662.86 2.95 16.94 622.44</u></div>
<div><u>Bruce 4.10 18.09 664.69 2.95 16.94 622.44</u></div>
<div><u>Putnam 4.15 18.14 666.53 2.95 16.94 622.44</u></div>
<div><u>Burford 3.99 17.98 660.65 3.01 17.00 624.64</u></div>
<div><u>Port Perry 3.94 17.93 658.81 2.96 16.95 622.81</u></div>
<div><u>Norfolk 3.95 17.94 659.18 2.95 16.94 622.44</u></div>
<div><u>Palmerston 4.16 18.15 666.90 2.88 16.87 619.87</u></div>
<div><u>Varna 4.00 17.99 661.02 2.95 16.94 622.44</u></div>
<div><u>Trenton 4.20 18.19 668.37 3.05 17.04 626.11</u></div>
<div><u>Winchester 3.85 17.84 655.51 2.60 16.59 609.58</u></div>
<div><u>North Gower 3.75 17.74 651.83 2.62 16.61 610.31</u></div>
<div><u>Vankleek Hil3.91 17.90 657.71 2.82 16.81 617.66</u></div>
<div><u>Huron FOB 4.24 4.31 N/A N/A 18.23 669.84 3.00 16.99 624.28</u></div>
<div><u>Kent FOB 4.05 18.04 662.86 2.95 16.94 622.44</u></div>
<div><u>Lambton FOB 3.90 17.89 657.34 2.95 16.94 622.44</u></div>
<div><u>Mdsx FOB 4.31 4.45 N/A N/A 18.30 672.41 3.00 16.99 624.28</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor N/A 3.06 17.05 626.48</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 4.40 18.39 675.72 3.40 17.39 638.97</u></div>
<div><u>Prescott N/A 2.88 16.87 619.87</u></div>
<div><u>Port Colborn4.34 18.33 673.51 3.54 17.53 644.12</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.80 14.79 543.46 -0.43 13.56 498.21</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2315 down 0.0128</u></div>
<div><u>Chicago wheat closed moderately lower to lower.</u></div>
<div><u>SEP21 HI 6.73 JUL22 HI 6.84</u></div>
<div><u> LOW 6.48 1/4 LOW 6.66 1/2</u></div>
<div><u> CLOSE 6.52 3/4 Down 12 3/4 CLOSE 6.72 Down 7 3/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed narrowly mixed.</u></div>
<div><u>SEP21 HI 8.49 1/4 SEP22 HI 7.31</u></div>
<div><u> LOW 8.26 1/2 LOW 7.22</u></div>
<div><u> CLOSE 8.38 3/4 Up 2 CLOSE 7.30 1/4 Down 1 1/4</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2021 Harvest 2022</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 0.95 N/A N/A N/A 0.80 N/A</u></div>
<div><u>London 1.43 1.31 1.06 N/A 1.08 1.02 0.93 N/A</u></div>
<div><u>Hensall 1.25 N/A 0.95 N/A 1.10 N/A 0.80 N/A</u></div>
<div><u>Trenton N/A N/A 1.00 N/A N/A N/A 0.85 N/A</u></div>
<div><u>Bruce 1.30 1.15 1.00 1.35 1.10 1.10 0.85 N/A</u></div>
<div><u>Essex N/A N/A 1.00 N/A N/A N/A 0.90 N/A</u></div>
<div><u>Norwich 1.25 N/A 0.95 N/A 1.10 N/A 0.80 N/A</u></div>
<div><u>Port Hope N/A N/A 1.00 N/A N/A N/A 0.85 N/A</u></div>
<div><u>Kent Bridge 1.25 N/A 0.95 N/A 1.10 N/A 0.80 N/A</u></div>
<div><u>Chatham N/A N/A 1.00 N/A N/A N/A 0.90 N/A</u></div>
<div><u>Brigden N/A N/A 1.00 N/A N/A N/A 0.90 N/A</u></div>
<div><u>Palmerston N/A 1.36 1.14 1.57 N/A N/A 0.98 1.21</u></div>
<div><u>Varna 1.20 1.30 0.95 N/A 1.05 1.05 0.85 N/A</u></div>
<div><u>Mitchell 1.25 1.15 0.95 N/A 1.10 1.10 0.80 N/A</u></div>
<div><u>Thornton 1.43 1.31 1.06 0.37 1.08 1.02 0.93 N/A</u></div>
<div><u>North Gower N/A 0.88 0.90 0.84 N/A 0.38 0.78 0.64</u></div>
<div><u>W O Feed 1.66</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.51 N/A N/A N/A 1.34 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 N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 6.63US 8.16CA 6.67US 8.21CA</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 525.26</u></div>
<u><span>DDG's FOB Srn & Aylm 255.00 - 260.00</span><br>
</u></div>
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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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