FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, July 16 (All Bases in CAD) Exchange rate was 1.2605 down 0.0008 Chicago corn closed slightly to moderately lower. SEP21 HI 5.70 1/2 DEC21 HI 5.65 1/2 LOW 5.53 1/4 LOW 5.48 3/4 CLOSE5.56 Down 8 1/4 CLOSE 5.52 Down 4 1/4 OLD CROP BASIS NEW CROP BASIS Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt ELEVATORS +SEP21+DEC21+DEC21 CK Low 2.80 8.36 329.12 1.05 6.57 258.65 CK High 2.80 8.36 329.12 1.10 6.62 260.62 CK Avg 2.80 1.07 8.36 329.12 1.06 -0.30 6.58 258.98 Essex Cty 2.80 8.36 329.12 1.05 6.57 258.65 Mdsx Low 2.80 8.36 329.12 1.05 6.57 258.65 Mdsx High 2.80 8.36 329.12 1.10 6.62 260.62 Mdsx Avg 2.80 1.07 8.36 329.12 1.08 -0.29 6.60 259.63 Hensall 2.82 8.38 329.77 1.08 6.60 259.96 Bruce 2.80 8.36 329.12 1.10 6.62 260.62 Putnam 2.80 8.36 329.12 1.10 6.62 260.62 Burford 2.80 8.36 329.12 1.05 6.57 258.65 Port Perry 2.85 8.41 331.09 1.05 6.57 258.65 Norfolk 2.80 8.36 329.12 1.05 6.57 258.65 Palmerston 2.72 8.28 325.97 1.07 6.59 259.44 Varna 2.80 8.36 329.12 1.05 6.57 258.65 Trenton 2.90 8.46 333.06 1.10 6.62 260.62 Winchester 2.80 8.36 329.12 1.40 6.92 272.43 North Gower 2.80 8.36 329.12 1.36 6.88 270.85 Vankleek Hil 2.73 8.29 326.36 1.39 6.91 272.03 Huron FOB 3.02 3.08 3.25N/A 8.58 337.78 1.05 6.57 258.65 Kent FOB 2.95 8.51 335.02 1.15 6.67 262.59 Lamb FOB 2.90 8.46 333.06 1.15 6.67 262.59 Mdsx FOB 3.00 3.05N/A N/A 8.56 336.99 1.15 6.67 262.59 FOB SW Que 3.39 8.95 352.35N/A Track 3.28 8.84 347.82N/A PROCESSORS Chat-Eth N/A N/A 2.96 1.98 N/A Jhnstwn-Eth N/A N/A N/A N/A 1.91 7.43 292.51 Aylmer-Eth N/A N/A N/A N/A N/A Sarn-Eth N/A N/A N/A N/A N/A London-Ing N/A N/A N/A 2.05 1.35 6.87 270.46 Pt.Colb-Ing N/A N/A N/A N/A N/A Cardnl-Ing N/A N/A N/A 2.15 1.65* 7.17 282.27 W O Feed 3.51 9.07 357.07 US Rep 3.47 9.03 355.50 Toledo El. 1.32 6.88 270.99 -0.32 5.20 204.91 TRANSFER Pt. Colb 3.30 8.86 348.80 1.45 6.97 274.40 Prescott 3.11 8.67 341.32 1.65 7.17 282.27 HI SD CRN 1.10 6.621 *Wet Bid Exchange rate was 1.2605 down 0.0008 Chicago soybeans closed slightly higher. NOV21 HI 14.08 1/2 NOV21 HI 14.08 1/2 LOW 13.77 LOW 13.77 CLOSE13.91 3/4 Up 11 3/4 CLOSE 13.91 3/4 Up 11 3/4 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +NOV21+NOV21+NOV21 CK Low 4.20 18.12 665.70 3.07 16.99 624.18 CK High 4.25 18.17 667.54 3.15 17.07 627.12 CK Average 4.24 0.48 18.15 666.99 3.12 -0.40 17.04 626.02 Essex Cty 4.25 18.17 667.54 3.10 17.02 625.29 Mdsx Low 4.19 18.11 665.34 3.05 16.97 623.45 Mdsx High 4.25 18.17 667.54 3.10 17.02 625.29 Mdsx Average4.22 0.47 18.14 666.44 3.08 -0.44 16.99 624.37 Hensall 4.25 18.17 667.54 3.10 17.02 625.29 Bruce 4.25 18.17 667.54 3.10 17.02 625.29 Putnam 4.25 18.17 667.54 3.10 17.02 625.29 Burford 4.26 18.18 667.91 3.12 17.04 626.02 Port Perry 4.21 18.13 666.07 3.07 16.99 624.18 Norfolk 4.25 18.17 667.54 3.15 17.07 627.12 Palmerston 4.17 18.09 664.60 3.06 16.98 623.82 Varna 4.25 18.17 667.54 3.10 17.02 625.29 Trenton N/A 2.95 16.87 619.77 Winchester 4.03 17.95 659.46 2.95 16.87 619.77 North Gower 3.89 17.81 654.31 2.90 16.82 617.94 Vankleek Hil4.94 18.86 692.89 3.27 17.19 631.53 Huron FOB 4.34 4.59 N/A N/A 18.26 670.85 3.15 17.07 627.12 Kent FOB 4.35 18.27 671.22 3.15 17.07 627.12 Lambton FOB 4.00 17.92 658.36 3.00 16.92 621.61 Mdsx FOB 4.31 4.56 N/A N/A 18.23 669.75 3.11 17.03 625.65 PROCESSORS Windsor N/A 3.36 17.28 634.84 TRANSFER Hamilton 4.65 18.57 682.24 3.60 17.52 643.66 Prescott N/A 3.52 17.44 640.72 Port Colborn4.59 18.51 680.03 3.59 17.51 643.29 Toledo El. 0.82 14.74 541.49 -0.44 13.48 495.17 Exchange rate was 1.2605 down 0.0008 Chicago wheat closed moderately higher to higher. SEP21 HI 6.96 1/4 JUL22 HI 7.00 LOW 6.70 3/4 LOW 6.76 1/4 CLOSE 6.92 1/2 Up 20 1/2 CLOSE 6.95 3/4 Up 13 Minni wheat closed moderately higher to higher. SEP21 HI 9.25 SEP22 HI 7.70 LOW 8.96 1/2 LOW 7.50 CLOSE 9.17 1/4 Up 23 1/4 CLOSE 7.64 3/4 Up 15 Direct MarkHarvest 2021 Harvest 2022 DELIVERED BASIS DELIVERED BASIS Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M) ELEVATORS Brgssvll N/A N/A 1.15 N/A N/A N/A 1.10 N/A London 1.56 1.56 1.19 N/A 1.20 1.14 1.05 N/A Hensall 1.40 N/A 1.15 N/A 1.35 N/A 1.10 N/A Trenton N/A N/A 1.05 N/A N/A N/A 1.05 N/A Bruce 1.40 1.35 1.20 1.05 1.35 1.25 1.05 1.05 Essex N/A N/A 1.05 N/A N/A N/A 1.10 N/A Norwich 1.40 N/A 1.15 N/A 1.35 N/A 1.10 N/A Port Hope N/A N/A 1.15 N/A N/A N/A 1.10 N/A Kent Bridge 1.40 N/A 1.15 N/A 1.35 N/A 1.10 N/A Chatham N/A N/A 1.15 N/A N/A N/A 1.10 N/A Brigden N/A N/A 1.15 N/A N/A N/A 1.10 N/A Palmerston N/A 1.55 1.36 1.63 N/A N/A 1.21 1.50 Varna 1.05 1.45 1.05 N/A 1.15 1.15 0.95 N/A Mitchell 1.40 1.25 1.15 N/A 1.35 1.35 1.10 N/A Thornton 1.56 1.56 1.19 0.70 1.20 1.14 1.05 N/A North Gower N/A 1.00 1.05 0.92 N/A 0.47 0.87 0.72 W O Feed 2.08 TERMINAL Port Colbor N/A N/A 1.64 N/A N/A N/A 1.47 N/A PROCESSORS Toledo FM N/A N/A 1.99 N/A N/A N/A N/A N/A Toledo El. 6.96US 8.77CA 6.91US 8.71CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 513.91 DDG's FOB Srn & Aylm 245.00 - 255.00