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<u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Mon, May 2</u></div>
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<div><u>(All Bases in CAD)</u></div>
<div><u>Exchange rate was 1.2915 up 0.0086</u></div>
<div><u>Chicago corn closed moderately lower.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 8.08 1/2 DEC22 HI 7.45</u></div>
<div><u> LOW 7.90 1/2 LOW 7.32 1/2</u></div>
<div><u> CLOSE8.03 1/2 Down 10 CLOSE 7.42 1/4 Down 9</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 +JUL22+JUL22+JUL22</u></div>
<div><u>CK Low 1.50 9.54 375.38 1.40 8.82 347.33</u></div>
<div><u>CK High 1.65 9.69 381.28 1.45 8.87 349.29</u></div>
<div><u>CK Avg 1.61 -0.57 9.64 379.59 1.44 -0.56 8.87 349.01</u></div>
<div><u>Essex Cty 1.65 9.69 381.28 1.45 8.87 349.29</u></div>
<div><u>Mdsx Low 1.60 9.64 379.31 1.45 8.87 349.29</u></div>
<div><u>Mdsx High 1.65 9.69 381.28 1.45 8.87 349.29</u></div>
<div><u>Mdsx Avg 1.63 -0.56 9.66 380.30 1.45 -0.55 8.87 349.29</u></div>
<div><u>Hensall 1.65 9.69 381.28 1.47 8.89 349.95</u></div>
<div><u>Bruce 1.60 9.64 379.31 1.45 8.87 349.29</u></div>
<div><u>Putnam 1.60 9.64 379.31 1.45 8.87 349.29</u></div>
<div><u>Burford 1.60 9.64 379.31 1.45 8.87 349.29</u></div>
<div><u>Port Perry 1.45 9.49 373.41 1.25 8.67 341.42</u></div>
<div><u>Norfolk 1.65 9.69 381.28 1.45 8.87 349.29</u></div>
<div><u>Palmerston 1.56 9.60 377.74 1.38 8.80 346.54</u></div>
<div><u>Varna 1.65 9.69 381.28 1.45 8.87 349.29</u></div>
<div><u>Belmore 1.65 9.69 381.28 1.45 8.87 349.29</u></div>
<div><u>Trenton 1.55 9.59 377.34 1.30 8.72 343.39</u></div>
<div><u>Winchester 1.80 9.84 387.19 1.80 9.22 363.07</u></div>
<div><u>North Gower 1.70 9.74 383.25 1.65 9.07 357.17</u></div>
<div><u>Vankleek Hil 2.32 10.36 407.66 1.57 8.99 354.02</u></div>
<div><u>Huron FOB 1.60 1.70 1.82 1.87 9.64 379.31 1.40 8.82 347.33</u></div>
<div><u>Kent FOB 1.75 9.79 385.22 1.60 9.02 355.20</u></div>
<div><u>Lamb FOB 2.00 10.04 395.06 1.70 9.12 359.14</u></div>
<div><u>Mdsx FOB 1.80 1.85N/A N/A 9.84 387.19 1.60 9.02 355.20</u></div>
<div><u>FOB SW Que 2.93 10.97 431.67N/A</u></div>
<div><u>Track 2.39 10.43 410.41N/A</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.93 9.35 368.19</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 2.11 9.53 375.28</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 N/A 1.95 9.37 368.98</u></div>
<div><u>Cardnl-Ing N/A N/A N/A N/A 2.25 9.67 380.79</u></div>
<div><u>W O Feed 2.41 10.44 411.04</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.52 10.56 415.53</u></div>
<div><u>Toledo El. -0.32 7.71 303.61 -0.32 7.10 279.50</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Pt. Colb N/A 1.60 9.02 355.20</u></div>
<div><u>Prescott 2.44 10.48 412.38 2.13 9.55 376.07</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>HI SD CRN 1.45 8.87 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 1.2915 up 0.0086</u></div>
<div><u>Chicago soybeans closed moderately lower to lower.</u></div>
<div><u><br>
</u></div>
<div><u> JUL22 HI 16.88 3/4 NOV22 HI 15.19 1/2</u></div>
<div><u> LOW 16.35 LOW 14.79 1/4</u></div>
<div><u> CLOSE16.45 1/4 Down 39 1/2 CLOSE 14.90 1/2 Down 24 1/4</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 +JUL22+JUL22+SEP22</u></div>
<div><u>CK Low 4.70 21.15 777.22 3.75 18.66 685.45</u></div>
<div><u>CK High 4.77 21.22 779.79 3.76 18.67 685.82</u></div>
<div><u>CK Average 4.75 -0.04 21.20 778.90 3.75 -0.46 18.66 685.51</u></div>
<div><u>Essex Cty 4.75 21.20 779.06 3.75 18.66 685.45</u></div>
<div><u>Mdsx Low 4.65 21.10 775.38 3.70 18.61 683.62</u></div>
<div><u>Mdsx High 4.75 21.20 779.06 3.75 18.66 685.45</u></div>
<div><u>Mdsx Average4.72 -0.06 21.17 777.83 3.73 -0.48 18.64 684.72</u></div>
<div><u>Hensall 4.72 21.17 777.83 3.78 18.69 686.68</u></div>
<div><u>Bruce 4.75 21.20 779.06 3.75 18.66 685.45</u></div>
<div><u>Putnam 4.75 21.20 779.06 3.75 18.66 685.45</u></div>
<div><u>Burford 4.81 21.26 781.26 3.80 18.71 687.29</u></div>
<div><u>Port Perry 4.66 21.11 775.75 3.65 18.56 681.78</u></div>
<div><u>Norfolk 4.75 21.20 779.06 3.80 18.71 687.29</u></div>
<div><u>Palmerston 4.71 21.16 777.59 3.82 18.73 688.03</u></div>
<div><u>Varna 4.70 21.15 777.22 3.80 18.71 687.29</u></div>
<div><u>Trenton 4.65 21.10 775.38 3.75 18.66 685.45</u></div>
<div><u>Winchester 4.70 21.15 777.22 3.90 18.81 690.97</u></div>
<div><u>North Gower 4.35 20.80 764.36 3.60 18.51 679.94</u></div>
<div><u>Vankleek Hil4.34 20.79 763.99 3.45 18.36 674.43</u></div>
<div><u>Huron FOB 4.79 4.89 4.89 5.05 21.24 780.53 3.66 18.57 682.15</u></div>
<div><u>Kent FOB 4.95 21.40 786.41 3.75 18.66 685.45</u></div>
<div><u>Lambton FOB 4.95 21.40 786.41 N/A</u></div>
<div><u>Mdsx FOB 5.04 5.11 N/A N/A 21.49 789.71 3.97 18.88 693.54</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Windsor 5.41 21.86 803.31 4.10 19.01 698.31</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER</u></div>
<div><u>Hamilton 5.40 21.85 802.94 4.40 19.31 709.34</u></div>
<div><u>Prescott N/A 3.83 18.74 688.39</u></div>
<div><u>Port Colborn5.42 21.87 803.68 4.41 19.32 709.70</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.06 16.39 602.15 -0.45 14.45 531.06</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.2915 up 0.0086</u></div>
<div><u>Chicago wheat closed narrowly mixed.</u></div>
<div><u>JUL22 HI 10.71 1/2 SEP22 HI 10.73</u></div>
<div><u> LOW 10.34 1/4 LOW 10.37 1/4</u></div>
<div><u> CLOSE 10.55 1/2 Down 1/4 CLOSE 10.58 1/4 Unchanged</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.</u></div>
<div><u>JUL22 HI 11.81 1/4 SEP22 HI 11.68 3/4</u></div>
<div><u> LOW 11.54 1/2 LOW 11.43</u></div>
<div><u> CLOSE 11.67 3/4 Up 1 3/4 CLOSE 11.56 1/2 Up 3 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 N/A N/A N/A N/A 2.10 N/A</u></div>
<div><u>London 2.15 2.48 1.90 N/A 2.79 2.40 2.08 N/A</u></div>
<div><u>Hensall 1.80 N/A 1.80 N/A 3.10 N/A 2.10 N/A</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 2.10 N/A</u></div>
<div><u>Bruce N/A N/A 1.80 N/A 3.00 2.45 2.10 1.30</u></div>
<div><u>Essex N/A N/A 1.80 N/A N/A N/A 2.10 N/A</u></div>
<div><u>Norwich 1.80 N/A 1.80 N/A 3.10 N/A 2.10 N/A</u></div>
<div><u>Port Hope N/A N/A N/A N/A N/A N/A 2.10 N/A</u></div>
<div><u>Kent Bridge 1.80 N/A 1.80 N/A 3.10 N/A 2.10 N/A</u></div>
<div><u>Chatham N/A N/A 1.80 N/A N/A N/A 2.10 N/A</u></div>
<div><u>Brigden N/A N/A 1.80 N/A N/A N/A 2.10 N/A</u></div>
<div><u>Palmerston N/A 1.30 1.49 2.67 N/A 2.18 2.05 N/A</u></div>
<div><u>Varna 2.05 2.55 1.80 N/A 3.00 2.45 2.10 N/A</u></div>
<div><u>Mitchell 1.80 2.50 1.80 N/A 3.10 2.45 2.10 N/A</u></div>
<div><u>Thornton 2.15 2.48 1.90 1.42 2.79 2.40 2.08 N/A</u></div>
<div><u>North Gower N/A N/A N/A N/A N/A N/A 1.95 N/A</u></div>
<div><u>W O Feed 2.52</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL</u></div>
<div><u>Port Colbor N/A N/A 2.35 N/A N/A N/A 2.47 N/A</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS</u></div>
<div><u>Toledo FM N/A N/A 3.12 N/A N/A N/A 3.08 N/A</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 10.14US 13.09CA 10.35US 13.37CA</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 693.26</u></div>
<div><u>DDG's FOB Srn & Aylm 385.00 - 410.00</u></div>
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<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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