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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, July 22</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2565 up 0.0005</u></div>
<div><u>Chicago corn closed moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> SEP21 HI 5.71 3/4 DEC21 HI 5.68</u></div>
<div><u> LOW 5.55 LOW 5.50 3/4</u></div>
<div><u> CLOSE5.64 1/2 Down 7 1/4 CLOSE 5.61 1/4 Down 7 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 8.45 332.46 1.05 6.66 262.29</u></div>
<div><u>CK High 2.95 8.60 338.37 1.20 6.81 268.20</u></div>
<div><u>CK Avg 2.90 1.16 8.55 336.40 1.14 -0.24 6.75 265.90</u></div>
<div><u>Essex Cty 2.90 8.55 336.40 1.15 6.76 266.23</u></div>
<div><u>Mdsx Low 2.90 8.55 336.40 1.10 6.71 264.26</u></div>
<div><u>Mdsx High 2.95 8.60 338.37 1.25 6.86 270.16</u></div>
<div><u>Mdsx Avg 2.93 1.18 8.57 337.39 1.18 -0.21 6.79 267.21</u></div>
<div><u>Hensall 2.93 8.58 337.71 1.20 6.81 268.20</u></div>
<div><u>Bruce 2.95 8.60 338.37 1.25 6.86 270.16</u></div>
<div><u>Putnam 2.95 8.60 338.37 1.25 6.86 270.16</u></div>
<div><u>Burford 2.90 8.55 336.40 1.10 6.71 264.26</u></div>
<div><u>Port Perry 2.95 8.60 338.37 1.20 6.81 268.20</u></div>
<div><u>Norfolk 2.90 8.55 336.40 1.15 6.76 266.23</u></div>
<div><u>Palmerston 2.90 8.55 336.40 1.13 6.74 265.44</u></div>
<div><u>Varna 2.90 8.55 336.40 1.15 6.76 266.23</u></div>
<div><u>Trenton 3.00 8.65 340.34 1.25 6.86 270.16</u></div>
<div><u>Winchester 2.80 8.45 332.46 1.40 7.01 276.07</u></div>
<div><u>North Gower 2.85 8.50 334.43 1.45 7.06 278.04</u></div>
<div><u>Vankleek Hil 2.70 8.35 328.53 1.37 6.98 274.89</u></div>
<div><u>Huron FOB 2.97 3.03 3.21N/A 8.62 339.16 1.15 6.76 266.23</u></div>
<div><u>Kent FOB 3.05 8.70 342.31 1.25 6.86 270.16</u></div>
<div><u>Lamb FOB 3.00 8.65 340.34 1.30 6.91 272.13</u></div>
<div><u>Mdsx FOB 2.95 3.05N/A N/A 8.60 338.37 1.20 6.81 268.20</u></div>
<div><u>FOB SW Que 3.38 9.03 355.30N/A</u></div>
<div><u>Track 3.33 8.97 353.13N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A 2.94 1.96 N/A</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.89 7.50 295.36</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 1.90 1.40 7.01 276.07</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 2.50 1.75* 7.36 289.85</u></div>
<div><u>W O Feed 3.50 9.15 360.18</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 3.47 9.12 358.84</u></div>
<div><u>Toledo El. 1.32 6.96 274.17 -0.31 5.30 208.59</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.60 7.21 283.94</u></div>
<div><u>Prescott 3.08 8.73 343.49 1.69 7.30 287.49</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.20 6.81 1/4</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2565 up 0.0005</u></div>
<div><u>Chicago soybeans closed moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> NOV21 HI 13.90 3/4 NOV21 HI 13.90 3/4</u></div>
<div><u> LOW 13.42 1/4 LOW 13.42 1/4</u></div>
<div><u> CLOSE13.62 1/4 Down 27 1/2 CLOSE 13.62 1/4 Down 27 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 4.15 17.77 653.03 2.97 16.59 609.67</u></div>
<div><u>CK High 4.50 18.12 665.89 3.30 16.92 621.80</u></div>
<div><u>CK Average 4.27 0.62 17.89 657.38 3.13 -0.29 16.75 615.49</u></div>
<div><u>Essex Cty 4.15 17.77 653.03 3.00 16.62 610.77</u></div>
<div><u>Mdsx Low 4.14 17.76 652.66 2.95 16.57 608.94</u></div>
<div><u>Mdsx High 4.25 17.87 656.70 3.10 16.72 614.45</u></div>
<div><u>Mdsx Average4.20 0.56 17.82 654.68 3.03 -0.37 16.65 611.69</u></div>
<div><u>Hensall 4.25 17.87 656.70 3.13 16.76 615.67</u></div>
<div><u>Bruce 4.30 17.92 658.54 3.20 16.82 618.12</u></div>
<div><u>Putnam 4.25 17.87 656.70 3.10 16.72 614.45</u></div>
<div><u>Burford 4.21 17.83 655.23 3.02 16.64 611.51</u></div>
<div><u>Port Perry 4.16 17.78 653.40 2.97 16.59 609.67</u></div>
<div><u>Norfolk 4.15 17.77 653.03 3.05 16.67 612.61</u></div>
<div><u>Palmerston 4.44 18.06 663.68 3.20 16.82 618.12</u></div>
<div><u>Varna 4.35 17.97 660.38 4.25 17.87 656.70</u></div>
<div><u>Trenton N/A 3.25 16.87 619.96</u></div>
<div><u>Winchester 4.50 18.12 665.89 3.30 16.92 621.80</u></div>
<div><u>North Gower 4.32 17.94 659.27 3.30 16.92 621.80</u></div>
<div><u>Vankleek Hil4.67 18.29 672.13 3.24 16.86 619.59</u></div>
<div><u>Huron FOB 4.20 4.45 N/A N/A 17.82 654.86 3.20 16.82 618.12</u></div>
<div><u>Kent FOB 4.25 17.87 656.70 3.05 16.67 612.61</u></div>
<div><u>Lambton FOB 4.20 17.82 654.86 3.20 16.82 618.12</u></div>
<div><u>Mdsx FOB 4.20 4.46 N/A N/A 17.82 654.86 3.00 16.62 610.77</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor N/A 3.25 16.87 619.96</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton N/A 3.50 17.12 629.14</u></div>
<div><u>Prescott N/A 3.36 16.98 624.00</u></div>
<div><u>Port Colborn4.48 18.10 665.15 3.48 17.10 628.41</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.82 14.44 530.55 -0.44 13.18 484.38</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2565 up 0.0005</u></div>
<div><u>Chicago wheat closed moderately lower to lower.</u></div>
<div><u>SEP21 HI 7.09 JUL22 HI 7.05</u></div>
<div><u> LOW 6.81 3/4 LOW 6.84</u></div>
<div><u> CLOSE 6.92 1/4 Down 18 1/2 CLOSE 6.91 Down 17 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>SEP21 HI 9.07 SEP22 HI 7.73 1/4</u></div>
<div><u> LOW 8.71 LOW 7.55</u></div>
<div><u> CLOSE 9.04 Up 6 1/4 CLOSE 7.73 1/4 Up 3</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 1.05 N/A N/A N/A 1.10 N/A</u></div>
<div><u>London 1.32 1.44 0.94 N/A 1.20 1.13 1.05 N/A</u></div>
<div><u>Hensall 1.15 N/A 1.15 N/A 1.40 N/A 1.05 N/A</u></div>
<div><u>Trenton N/A N/A 1.25 N/A N/A N/A 1.15 N/A</u></div>
<div><u>Bruce 1.30 1.25 1.20 1.05 1.35 1.35 1.15 1.05</u></div>
<div><u>Essex N/A N/A 0.95 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Norwich 1.00 N/A 1.00 N/A 1.40 N/A 1.05 N/A</u></div>
<div><u>Port Hope N/A N/A 1.25 N/A N/A N/A 1.15 N/A</u></div>
<div><u>Kent Bridge 1.00 N/A 1.00 N/A 1.40 N/A 1.05 N/A</u></div>
<div><u>Chatham N/A N/A 0.95 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Brigden N/A N/A 0.95 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Palmerston N/A 1.53 1.34 1.56 N/A N/A 1.17 1.46</u></div>
<div><u>Varna 1.45 1.60 1.20 N/A 1.35 1.35 1.15 N/A</u></div>
<div><u>Mitchell 1.15 1.25 1.15 N/A 1.40 1.35 1.05 N/A</u></div>
<div><u>Thornton 1.32 1.44 0.94 0.96 1.20 1.13 1.05 N/A</u></div>
<div><u>North Gower N/A 1.30 1.40 1.22 N/A 0.62 1.02 0.92</u></div>
<div><u>W O Feed 1.93</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.45 N/A N/A N/A 1.40 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.96 N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 6.95US 8.74CA 6.86US 8.62CA</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 518.32</u></div>
<span><u>DDG's FOB Srn & Aylm 240.00 - 250.00</u></span><br>
</div>
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<span>
<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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