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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, July 16</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2605 down 0.0008</u></div>
<div><u>Chicago corn closed slightly to moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> SEP21 HI 5.70 1/2 DEC21 HI 5.65 1/2</u></div>
<div><u> LOW 5.53 1/4 LOW 5.48 3/4</u></div>
<div><u> CLOSE5.56 Down 8 1/4 CLOSE 5.52 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+DEC21+DEC21</u></div>
<div><u>CK Low 2.80 8.36 329.12 1.05 6.57 258.65</u></div>
<div><u>CK High 2.80 8.36 329.12 1.10 6.62 260.62</u></div>
<div><u>CK Avg 2.80 1.07 8.36 329.12 1.06 -0.30 6.58 258.98</u></div>
<div><u>Essex Cty 2.80 8.36 329.12 1.05 6.57 258.65</u></div>
<div><u>Mdsx Low 2.80 8.36 329.12 1.05 6.57 258.65</u></div>
<div><u>Mdsx High 2.80 8.36 329.12 1.10 6.62 260.62</u></div>
<div><u>Mdsx Avg 2.80 1.07 8.36 329.12 1.08 -0.29 6.60 259.63</u></div>
<div><u>Hensall 2.82 8.38 329.77 1.08 6.60 259.96</u></div>
<div><u>Bruce 2.80 8.36 329.12 1.10 6.62 260.62</u></div>
<div><u>Putnam 2.80 8.36 329.12 1.10 6.62 260.62</u></div>
<div><u>Burford 2.80 8.36 329.12 1.05 6.57 258.65</u></div>
<div><u>Port Perry 2.85 8.41 331.09 1.05 6.57 258.65</u></div>
<div><u>Norfolk 2.80 8.36 329.12 1.05 6.57 258.65</u></div>
<div><u>Palmerston 2.72 8.28 325.97 1.07 6.59 259.44</u></div>
<div><u>Varna 2.80 8.36 329.12 1.05 6.57 258.65</u></div>
<div><u>Trenton 2.90 8.46 333.06 1.10 6.62 260.62</u></div>
<div><u>Winchester 2.80 8.36 329.12 1.40 6.92 272.43</u></div>
<div><u>North Gower 2.80 8.36 329.12 1.36 6.88 270.85</u></div>
<div><u>Vankleek Hil 2.73 8.29 326.36 1.39 6.91 272.03</u></div>
<div><u>Huron FOB 3.02 3.08 3.25N/A 8.58 337.78 1.05 6.57 258.65</u></div>
<div><u>Kent FOB 2.95 8.51 335.02 1.15 6.67 262.59</u></div>
<div><u>Lamb FOB 2.90 8.46 333.06 1.15 6.67 262.59</u></div>
<div><u>Mdsx FOB 3.00 3.05N/A N/A 8.56 336.99 1.15 6.67 262.59</u></div>
<div><u>FOB SW Que 3.39 8.95 352.35N/A</u></div>
<div><u>Track 3.28 8.84 347.82N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 2.96 1.98 N/A</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.91 7.43 292.51</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 2.05 1.35 6.87 270.46</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* 7.17 282.27</u></div>
<div><u>W O Feed 3.51 9.07 357.07</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 3.47 9.03 355.50</u></div>
<div><u>Toledo El. 1.32 6.88 270.99 -0.32 5.20 204.91</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb 3.30 8.86 348.80 1.45 6.97 274.40</u></div>
<div><u>Prescott 3.11 8.67 341.32 1.65 7.17 282.27</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.10 6.621</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2605 down 0.0008</u></div>
<div><u>Chicago soybeans closed slightly higher.</u></div>
<div><u><br>
</u></div>
<div><u> NOV21 HI 14.08 1/2 NOV21 HI 14.08 1/2</u></div>
<div><u> LOW 13.77 LOW 13.77</u></div>
<div><u> CLOSE13.91 3/4 Up 11 3/4 CLOSE 13.91 3/4 Up 11 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 +NOV21+NOV21+NOV21</u></div>
<div><u>CK Low 4.20 18.12 665.70 3.07 16.99 624.18</u></div>
<div><u>CK High 4.25 18.17 667.54 3.15 17.07 627.12</u></div>
<div><u>CK Average 4.24 0.48 18.15 666.99 3.12 -0.40 17.04 626.02</u></div>
<div><u>Essex Cty 4.25 18.17 667.54 3.10 17.02 625.29</u></div>
<div><u>Mdsx Low 4.19 18.11 665.34 3.05 16.97 623.45</u></div>
<div><u>Mdsx High 4.25 18.17 667.54 3.10 17.02 625.29</u></div>
<div><u>Mdsx Average4.22 0.47 18.14 666.44 3.08 -0.44 16.99 624.37</u></div>
<div><u>Hensall 4.25 18.17 667.54 3.10 17.02 625.29</u></div>
<div><u>Bruce 4.25 18.17 667.54 3.10 17.02 625.29</u></div>
<div><u>Putnam 4.25 18.17 667.54 3.10 17.02 625.29</u></div>
<div><u>Burford 4.26 18.18 667.91 3.12 17.04 626.02</u></div>
<div><u>Port Perry 4.21 18.13 666.07 3.07 16.99 624.18</u></div>
<div><u>Norfolk 4.25 18.17 667.54 3.15 17.07 627.12</u></div>
<div><u>Palmerston 4.17 18.09 664.60 3.06 16.98 623.82</u></div>
<div><u>Varna 4.25 18.17 667.54 3.10 17.02 625.29</u></div>
<div><u>Trenton N/A 2.95 16.87 619.77</u></div>
<div><u>Winchester 4.03 17.95 659.46 2.95 16.87 619.77</u></div>
<div><u>North Gower 3.89 17.81 654.31 2.90 16.82 617.94</u></div>
<div><u>Vankleek Hil4.94 18.86 692.89 3.27 17.19 631.53</u></div>
<div><u>Huron FOB 4.34 4.59 N/A N/A 18.26 670.85 3.15 17.07 627.12</u></div>
<div><u>Kent FOB 4.35 18.27 671.22 3.15 17.07 627.12</u></div>
<div><u>Lambton FOB 4.00 17.92 658.36 3.00 16.92 621.61</u></div>
<div><u>Mdsx FOB 4.31 4.56 N/A N/A 18.23 669.75 3.11 17.03 625.65</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor N/A 3.36 17.28 634.84</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 4.65 18.57 682.24 3.60 17.52 643.66</u></div>
<div><u>Prescott N/A 3.52 17.44 640.72</u></div>
<div><u>Port Colborn4.59 18.51 680.03 3.59 17.51 643.29</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.82 14.74 541.49 -0.44 13.48 495.17</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2605 down 0.0008</u></div>
<div><u>Chicago wheat closed moderately higher to higher.</u></div>
<div><u>SEP21 HI 6.96 1/4 JUL22 HI 7.00</u></div>
<div><u> LOW 6.70 3/4 LOW 6.76 1/4</u></div>
<div><u> CLOSE 6.92 1/2 Up 20 1/2 CLOSE 6.95 3/4 Up 13</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately higher to higher.</u></div>
<div><u>SEP21 HI 9.25 SEP22 HI 7.70</u></div>
<div><u> LOW 8.96 1/2 LOW 7.50</u></div>
<div><u> CLOSE 9.17 1/4 Up 23 1/4 CLOSE 7.64 3/4 Up 15</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 1.15 N/A N/A N/A 1.10 N/A</u></div>
<div><u>London 1.56 1.56 1.19 N/A 1.20 1.14 1.05 N/A</u></div>
<div><u>Hensall 1.40 N/A 1.15 N/A 1.35 N/A 1.10 N/A</u></div>
<div><u>Trenton N/A N/A 1.05 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Bruce 1.40 1.35 1.20 1.05 1.35 1.25 1.05 1.05</u></div>
<div><u>Essex N/A N/A 1.05 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Norwich 1.40 N/A 1.15 N/A 1.35 N/A 1.10 N/A</u></div>
<div><u>Port Hope N/A N/A 1.15 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Kent Bridge 1.40 N/A 1.15 N/A 1.35 N/A 1.10 N/A</u></div>
<div><u>Chatham N/A N/A 1.15 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Brigden N/A N/A 1.15 N/A N/A N/A 1.10 N/A</u></div>
<div><u>Palmerston N/A 1.55 1.36 1.63 N/A N/A 1.21 1.50</u></div>
<div><u>Varna 1.05 1.45 1.05 N/A 1.15 1.15 0.95 N/A</u></div>
<div><u>Mitchell 1.40 1.25 1.15 N/A 1.35 1.35 1.10 N/A</u></div>
<div><u>Thornton 1.56 1.56 1.19 0.70 1.20 1.14 1.05 N/A</u></div>
<div><u>North Gower N/A 1.00 1.05 0.92 N/A 0.47 0.87 0.72</u></div>
<div><u>W O Feed 2.08</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.64 N/A N/A N/A 1.47 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.99 N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 6.96US 8.77CA 6.91US 8.71CA</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 513.91</u></div>
<span><u>DDG's FOB Srn & Aylm 245.00 - 255.00</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>
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<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:10.0pt;font-family:"Courier New"">Fax. 519-674-1530<br>
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