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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Fri, July 23</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2577 up 0.0012</u></div>
<div><u>Chicago corn closed lower.</u></div>
<div><u><br>
</u></div>
<div><u> SEP21 HI 5.69 1/4 DEC21 HI 5.65</u></div>
<div><u> LOW 5.44 1/2 LOW 5.40 1/2</u></div>
<div><u> CLOSE5.47 1/4 Down 17 1/4 CLOSE 5.43 Down 18 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 8.27 325.67 1.05 6.48 255.11</u></div>
<div><u>CK High 2.95 8.42 331.58 1.20 6.63 261.01</u></div>
<div><u>CK Avg 2.90 1.18 8.37 329.61 1.14 -0.20 6.57 258.72</u></div>
<div><u>Essex Cty 2.90 8.37 329.61 1.15 6.58 259.04</u></div>
<div><u>Mdsx Low 2.90 8.37 329.61 1.10 6.53 257.07</u></div>
<div><u>Mdsx High 2.95 8.42 331.58 1.25 6.68 262.98</u></div>
<div><u>Mdsx Avg 2.93 1.20 8.40 330.59 1.18 -0.18 6.61 260.03</u></div>
<div><u>Hensall 2.93 8.41 330.92 1.20 6.63 261.01</u></div>
<div><u>Bruce 2.90 8.37 329.61 1.15 6.58 259.04</u></div>
<div><u>Putnam 2.95 8.42 331.58 1.25 6.68 262.98</u></div>
<div><u>Burford 2.90 8.37 329.61 1.10 6.53 257.07</u></div>
<div><u>Port Perry 2.95 8.42 331.58 1.20 6.63 261.01</u></div>
<div><u>Norfolk 2.90 8.37 329.61 1.15 6.58 259.04</u></div>
<div><u>Palmerston 2.86 8.33 328.04 1.09 6.52 256.68</u></div>
<div><u>Varna 2.90 8.37 329.61 1.15 6.58 259.04</u></div>
<div><u>Trenton 3.00 8.47 333.55 1.25 6.68 262.98</u></div>
<div><u>Winchester 2.80 8.27 325.67 1.40 6.83 268.89</u></div>
<div><u>North Gower 2.85 8.32 327.64 1.45 6.88 270.85</u></div>
<div><u>Vankleek Hil 2.68 8.15 320.95 1.47 6.90 271.64</u></div>
<div><u>Huron FOB 3.01 3.07 3.25N/A 8.48 333.94 1.15 6.58 259.04</u></div>
<div><u>Kent FOB 3.05 8.52 335.52 1.25 6.68 262.98</u></div>
<div><u>Lamb FOB 2.85 8.32 327.64 1.25 6.68 262.98</u></div>
<div><u>Mdsx FOB 2.95 3.05N/A N/A 8.42 331.58 1.20 6.63 261.01</u></div>
<div><u>FOB SW Que 3.41 8.88 349.69N/A</u></div>
<div><u>Track 3.30 8.77 345.36N/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 7.32 288.18</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 6.83 268.89</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* 7.18 282.66</u></div>
<div><u>W O Feed 3.46 8.94 351.81</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 3.43 8.90 350.48</u></div>
<div><u>Toledo El. 1.32 6.79 267.43 -0.31 5.12 201.39</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.60 7.03 276.76</u></div>
<div><u>Prescott 3.05 8.52 335.52 1.60 7.03 276.76</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.20 6.63</u></div>
<div><u>*Wet Bid</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2577 up 0.0012</u></div>
<div><u>Chicago soybeans closed slightly lower.</u></div>
<div><u><br>
</u></div>
<div><u> NOV21 HI 13.68 NOV21 HI 13.68</u></div>
<div><u> LOW 13.45 1/4 LOW 13.45 1/4</u></div>
<div><u> CLOSE13.51 3/4 Down 10 1/2 CLOSE 13.51 3/4 Down 10 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 17.67 649.17 2.97 16.49 605.81</u></div>
<div><u>CK High 4.20 17.72 651.01 3.15 16.67 612.43</u></div>
<div><u>CK Average 4.16 0.54 17.68 649.60 3.05 -0.34 16.57 608.87</u></div>
<div><u>Essex Cty 4.15 17.67 649.17 3.00 16.52 606.91</u></div>
<div><u>Mdsx Low 4.15 17.67 649.17 2.95 16.47 605.08</u></div>
<div><u>Mdsx High 4.15 17.67 649.17 3.05 16.57 608.75</u></div>
<div><u>Mdsx Average4.15 0.53 17.67 649.17 3.00 -0.38 16.52 606.91</u></div>
<div><u>Hensall 4.18 17.70 650.39 3.08 16.60 609.98</u></div>
<div><u>Bruce 4.25 17.77 652.84 3.10 16.62 610.59</u></div>
<div><u>Putnam 4.15 17.67 649.17 3.05 16.57 608.75</u></div>
<div><u>Burford 4.22 17.74 651.74 3.02 16.54 607.65</u></div>
<div><u>Port Perry 4.17 17.69 649.90 2.97 16.49 605.81</u></div>
<div><u>Norfolk 4.15 17.67 649.17 3.05 16.57 608.75</u></div>
<div><u>Palmerston 4.23 17.75 652.11 3.16 16.68 612.79</u></div>
<div><u>Varna 4.15 17.67 649.17 3.05 16.57 608.75</u></div>
<div><u>Trenton N/A 3.10 16.62 610.59</u></div>
<div><u>Winchester 4.19 17.71 650.64 3.05 16.57 608.75</u></div>
<div><u>North Gower 4.29 17.81 654.31 3.30 16.82 617.94</u></div>
<div><u>Vankleek Hil4.61 18.13 666.07 3.23 16.75 615.37</u></div>
<div><u>Huron FOB 4.26 4.51 N/A N/A 17.78 653.21 3.10 16.62 610.59</u></div>
<div><u>Kent FOB 4.25 17.77 652.84 3.05 16.57 608.75</u></div>
<div><u>Lambton FOB 4.15 17.67 649.17 3.10 16.62 610.59</u></div>
<div><u>Mdsx FOB 4.21 4.46 N/A N/A 17.73 651.37 3.00 16.52 606.91</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor N/A 3.24 16.76 615.73</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton N/A 3.50 17.02 625.29</u></div>
<div><u>Prescott N/A 3.36 16.88 620.14</u></div>
<div><u>Port Colborn4.49 18.01 661.66 3.49 17.01 624.92</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 0.82 14.34 526.72 -0.44 13.08 480.51</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2577 up 0.0012</u></div>
<div><u>Chicago wheat closed slightly lower.</u></div>
<div><u>SEP21 HI 6.96 3/4 JUL22 HI 6.93 1/2</u></div>
<div><u> LOW 6.77 1/2 LOW 6.82 1/4</u></div>
<div><u> CLOSE 6.84 Down 8 1/4 CLOSE 6.86 3/4 Down 4 1/4</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed moderately lower to lower.</u></div>
<div><u>SEP21 HI 9.09 1/2 SEP22 HI 7.70</u></div>
<div><u> LOW 8.82 1/2 LOW 7.60 1/4</u></div>
<div><u> CLOSE 8.83 1/2 Down 20 1/2 CLOSE 7.60 1/4 Down 13</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 0.75 N/A N/A N/A 1.05 N/A</u></div>
<div><u>London 1.32 1.45 0.76 N/A 1.19 1.13 1.04 N/A</u></div>
<div><u>Hensall 1.00 N/A 1.00 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 1.15 1.05 1.35 1.35 1.10 1.05</u></div>
<div><u>Essex N/A N/A 0.75 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Norwich 0.75 N/A 0.75 N/A 1.40 N/A 1.05 N/A</u></div>
<div><u>Port Hope N/A N/A 1.20 N/A N/A N/A 1.15 N/A</u></div>
<div><u>Kent Bridge 0.75 N/A 0.75 N/A 1.40 N/A 1.05 N/A</u></div>
<div><u>Chatham N/A N/A 0.75 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Brigden N/A N/A 0.75 N/A N/A N/A 1.05 N/A</u></div>
<div><u>Palmerston N/A 1.51 1.32 1.53 N/A N/A 1.17 1.46</u></div>
<div><u>Varna 1.25 1.40 1.00 N/A 1.35 1.35 1.15 N/A</u></div>
<div><u>Mitchell 1.00 1.25 1.00 N/A 1.40 1.35 1.05 N/A</u></div>
<div><u>Thornton 1.32 1.45 0.76 1.10 1.19 1.13 1.04 N/A</u></div>
<div><u>North Gower N/A 1.30 1.50 1.22 N/A 0.63 1.03 0.92</u></div>
<div><u>W O Feed 1.91</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 1.33 N/A N/A N/A 1.39 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 1.95 N/A N/A N/A N/A N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 6.87US 8.64CA 6.82US 8.57CA</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 507.73</u></div>
<span><u>DDG's FOB Srn & Aylm 240.00 - 250.00</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>
<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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